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Old 05-23-2017, 11:11 AM
 
18,047 posts, read 15,639,191 times
Reputation: 26761

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If you're wealthy, making over $200K/year then you'll probably like Trump's Tax plan, which will give tax cuts to the top 10%.

If you're poor, then you're S.O.L.

If you're middle-class, there are few details available but there's not anticipated to be many, if any, breaks for you.


Trump's budget looks like big gifts for the rich, big cuts for the poor - May. 22, 2017
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Old 05-23-2017, 11:17 AM
 
18,984 posts, read 9,067,948 times
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Quote:
Originally Posted by lottamoxie View Post
If you're wealthy, making over $200K/year then you'll probably like Trump's Tax plan, which will give tax cuts to the top 10%.

If you're poor, then you're S.O.L.

If you're middle-class, there are few details available but there's not anticipated to be many, if any, breaks for you.


Trump's budget looks like big gifts for the rich, big cuts for the poor - May. 22, 2017
The redistribution of wealth up to the top percentile continues unabated with the Republicans, the party of and for the wealthy. It's both sad and amusing how many in the lower and middle classes keep voting for the party that is trying their best to eradicate them.
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Old 05-23-2017, 11:27 AM
 
18,047 posts, read 15,639,191 times
Reputation: 26761
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Originally Posted by JAMS14 View Post
The redistribution of wealth up to the top percentile continues unabated with the Republicans, the party of and for the wealthy. It's both sad and amusing how many in the lower and middle classes keep voting for the party that is trying their best to eradicate them.
There's a saying, "there are no victims, just volunteers."

Electing this man into office, trusting him when he's conned so many people and screwed thousands of people (and the many lawsuits against him prove just that), and they continue cheering everything he does, as he signs bills that will hurt the middle and lower classes, which many of them inhabit, is sad but perhaps not too surprising. He's nothing but a con man and the people supporting him are going to get screwed mightily by his plans and they're too dumb to see just how they're going to end up in a worse position than before.

Was it really the goal of the fans to see the richest people in the country get *more financial breaks*? Is that what you thought would happen? Surprise!
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Old 05-23-2017, 11:29 AM
 
18,047 posts, read 15,639,191 times
Reputation: 26761
Hey middle class guy and gal. Yeah you. You're not making over $200K per year? Then guess what? You're on your own. You lose your jobs, you get injured and can no longer work, you need some help, tough! Deal with it. That's what you wanted, that's who you voted for.
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Old 05-23-2017, 11:34 AM
 
Location: Central Mexico and Central Florida
7,150 posts, read 4,900,681 times
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It's a mean-spirited budget written by a mean-spirited man.
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Old 05-23-2017, 11:36 AM
 
18,984 posts, read 9,067,948 times
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Originally Posted by dothetwist View Post
It's a mean-spirited budget written by a mean-spirited man.
By a fat man who never knew a single day of hunger or hardship in his whole privileged life.
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Old 05-23-2017, 11:39 AM
 
9,727 posts, read 9,724,250 times
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Quote:
Originally Posted by lottamoxie View Post
If you're wealthy, making over $200K/year then you'll probably like Trump's Tax plan, which will give tax cuts to the top 10%.

If you're poor, then you're S.O.L.

If you're middle-class, there are few details available but there's not anticipated to be many, if any, breaks for you.


Trump's budget looks like big gifts for the rich, big cuts for the poor - May. 22, 2017

The people who pay the most in taxes are going to get to keep more of their own money. It's not like money is being taken from the poor and given to the rich. The groups that use the most government services SHOULD be paying the most for them.
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Old 05-23-2017, 11:43 AM
 
18,047 posts, read 15,639,191 times
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Originally Posted by kevinm View Post
The people who pay the most in taxes are going to get to keep more of their own money. It's not like money is being taken from the poor and given to the rich. The groups that use the most government services SHOULD be paying the most for them.
Not necessarily true. The rich often have numerous tax sheltering options and ways of greatly lowering their tax burdens because they can hire the best tax experts to find the loopholes, something the average middle class person does not have.

Trump himself bragged on many occasions he paid almost nothing in federal taxes for years and then he blamed Washington policies for allowing him to do so (this was something he said in one of his debates). His fans ate it up, naturally. Why do you think he won't release his tax returns and only selected one from a year decades ago in which he did pay taxes? And his fans ate it up and asked for more of the same.
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Old 05-23-2017, 11:44 AM
 
Location: Dixie
589 posts, read 381,017 times
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Originally Posted by JAMS14 View Post
By a fat man who never knew a single day of hunger or hardship in his whole privileged life.
Until you can quantify the dollars lost by fraud or abuse in the programs being cut, it's probably wise to wait-and-see.

"If you're on food stamps and able-bodied, we need you to go to work," Mulvaney said.
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Old 05-23-2017, 11:46 AM
 
18,047 posts, read 15,639,191 times
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Originally Posted by kevinm View Post
The people who pay the most in taxes are going to get to keep more of their own money. It's not like money is being taken from the poor and given to the rich
It's being given to fund $54B (that's billion) in increased defense spending but the deficit will still be higher because it won't cover everything. Rich guys happen to run those defense companies in case you didn't notice. WHY is even more spending in defense necessary?
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