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Old 03-11-2017, 08:54 AM
 
Location: north central Ohio
8,665 posts, read 5,849,040 times
Reputation: 5201

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Quote:
Originally Posted by petch751 View Post
ok, think about this. The left keeps saying that high income means you're rich. Trump is rich but he, like Buffett paid low taxes. So help me twist my mind to understand your thinking? If high taxes means you are getting the rich why is it that rich men like these and many others are able to keep their taxes down?

Is that too hard for you to understand. If it is, it means you can't think outside the leftist rhetoric

Guess you never heard of 'TAX SHELTERS'?
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Old 03-11-2017, 10:58 AM
 
59,088 posts, read 27,318,346 times
Reputation: 14285
Quote:
Originally Posted by i_love_autumn View Post
Two of the biggest tax cuts in Republican proposals to repeal the Affordable Care Act would deliver roughly $157 billion over the coming decade to those with incomes of $1 million or more, according to a congressional analysis.
The assessment was made by the Joint Committee on Taxation, a nonpartisan panel that provides research on tax issues.


It is not unusual for tax cuts to benefit mostly the wealthiest, but still save some money for a majority of Americans. But the benefits of these reductions would be aimed squarely at the top.


People making $200,000 to $999,999 a year would also get sizable tax cuts. In total, the two provisions would cut taxes by about $274 billion during the coming decade, virtually all of it for people making at least $200,000, according to a separate assessment by the committee.
“Repeal-and-replace is a gigantic transfer of wealth from the lowest-income Americans to the highest-income Americas,” said Edward D. Kleinbard, a professor at the University of Southern California law school and former chief of staff for the Joint Committee on Taxation.
Wealthy Would Get Billions in Tax Cuts Under Obamacare Repeal Plan



Only Kim Jong Trump's brain-dead 'Bots' will be surprised by this!
MSN and the New York Times

I wouldn't believe a single word they say!
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Old 03-11-2017, 11:04 AM
 
8,061 posts, read 4,886,902 times
Reputation: 2460
Quote:
Originally Posted by petch751 View Post
ok, think about this. The left keeps saying that high income means you're rich. Trump is rich but he, like Buffett paid low taxes. So help me twist my mind to understand your thinking? If high taxes means you are getting the rich why is it that rich men like these and many others are able to keep their taxes down?

Is that too hard for you to understand. If it is, it means you can't think outside the leftist rhetoric
Matter off of fact lower taxes has generated a boost revenues or the Government under Reagan, Bush 1 &2), Kennedy and now Trump.


You are right about rich people. they are ri by standard n paper, However have to budget their money just like the rest of us.
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Old 03-11-2017, 11:13 AM
 
26,694 posts, read 14,569,031 times
Reputation: 8094
Quote:
Originally Posted by i_love_autumn View Post
Two of the biggest tax cuts in Republican proposals to repeal the Affordable Care Act would deliver roughly $157 billion over the coming decade to those with incomes of $1 million or more, according to a congressional analysis.
The assessment was made by the Joint Committee on Taxation, a nonpartisan panel that provides research on tax issues.


It is not unusual for tax cuts to benefit mostly the wealthiest, but still save some money for a majority of Americans. But the benefits of these reductions would be aimed squarely at the top.


People making $200,000 to $999,999 a year would also get sizable tax cuts. In total, the two provisions would cut taxes by about $274 billion during the coming decade, virtually all of it for people making at least $200,000, according to a separate assessment by the committee.
“Repeal-and-replace is a gigantic transfer of wealth from the lowest-income Americans to the highest-income Americas,” said Edward D. Kleinbard, a professor at the University of Southern California law school and former chief of staff for the Joint Committee on Taxation.
Wealthy Would Get Billions in Tax Cuts Under Obamacare Repeal Plan



Only Kim Jong Trump's brain-dead 'Bots' will be surprised by this!
So?

Why are people on the left always jealous of others having money? Why do you always want to make some people poorer instead making all people rich?
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