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Increase workers after-tax income by 0.8%
Increase middle class Americans after-tax income by 1.5%
Increase the richest 1% of Americans after-tax income by 13.5%
Increase the richest 0.1% of Americans after-tax income by 14.2%.
Donald Trump gave me a trivial 1% increase in income tax cut. And for this tax cut I get reduced government services, lower Social Security payments, and less healthcare insurance coverage.
Please explain how the Trump tax cuts will benefit me.
Status:
"81 Years, NOT 91 Felonies"
(set 24 days ago)
Location: Dallas, TX
5,790 posts, read 3,595,865 times
Reputation: 5696
The vast majority of benefits go to the rich! In fact, those earning under $10,000/yr actually see an INCREASE in taxes. A dollar to a poor person is worth more than a dollar to a rich person, or even a middle class person.
Those earning between $112,500-190,150 also don't benefit. Granted, some do while others don't. The worst parts are lower taxes for the very rich and an increase on the very poor. That kind of system gives the most benefit to people in the least need of it, and denies the most relief for people most in need of it. Not to mention that that kind of practice creates long-run power imbalances in society, ones which people will abuse for their own benefit and to hell with the harm it does to others in a weaker position.
BTW, the "whiny" bit. Whining is usually a sign of a person in distress (granted there are good actors out there, but you just have to learn to spot them). If a person's in distress, it's frankly heartless to scorn them because they are in pain.
If only there was a way we could make sure they did not get a stinking dime of it or make sure they pay EXTRA taxes to cover what they are saving all the while hating the Presidents generosity..
So generous creating more debt to give the rich huge tax cuts and crumbs for rest of us.
If only there was a way we could make sure they did not get a stinking dime of it or make sure they pay EXTRA taxes to cover what they are saving all the while hating the Presidents generosity..
Not necessary, they will all volunteer to pay the amount before the deduction
You tend to forget I’m of neither one. the only people getting tax breaks are the rich. Like always regardless of party in office.
You cannot claim to be simply an objective observer. If you're not for these children, you're obviously a member of the nefarious Daleks. Take pride.
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