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Thousands? I'm only getting back $27/week, and I make $1k/week gross
$27 times 52= $1,404
$1,404 for you to spend as you wish thanks to President Trump.
As long as President Trump is in office your tax cuts are set to continue, so between now and 2025 you will have $9,828 more dollars because of President Trump's MAGA tax cuts.
Seems like liberal media though is going to Democrats in places in the Midwest and Interior parts of the country that Trump win in a landslide and these people say "oh, it's just $30 to $40 per check more"
The thing is that "$30 or $40 per check" ends up being $1,500 to $2,000 a year more for American's to spend as they wish thanks to President Trump. That is $1,500 to $2,000 someone making the medium wage for the country over the course a year is sending to Washington special interests and pork-barrel spending.
For most of the middle-class they got a 4% reduction in income tax rate so $50,000 a year after standard deduction would be $2,000 in tax savings yearly.
$2,000 a year which for someone earning the national median of about $50,000 a year is not a small deal.
Location: Live:Downtown Phoenix, AZ/Work:Greater Los Angeles, CA
27,606 posts, read 14,610,214 times
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Quote:
Originally Posted by lovecrowds
$27 times 52= $1,404
$1,404 for you to spend as you wish thanks to President Trump.
As long as President Trump is in office your tax cuts are set to continue, so between now and 2025 you will have $9,828 more dollars because of President Trump's MAGA tax cuts.
Seems like liberal media though is going to Democrats in places in the Midwest and Interior parts of the country that Trump win in a landslide and these people say "oh, it's just $30 to $40 per check more"
The thing is that "$30 or $40 per check" ends up being $1,500 to $2,000 a year more for American's to spend as they wish thanks to President Trump. That is $1,500 to $2,000 someone making the medium wage for the country over the course a year is sending to Washington special interests and pork-barrel spending.
For most of the middle-class they got a 4% reduction in income tax rate so $50,000 a year after standard deduction would be $2,000 in tax savings yearly.
$2,000 a year which for someone earning the national median of about $50,000 a year is not a small deal.
2025? You just assume The Cheeto is going to be re-elected?!?
Besides, I know that there is going to be a bill to pay for those tax cuts, and it's most likely going to be Medicare and Social Security. And you know that if those programs go away, we won't get the thousands we've already paid in refunded!
2025? You just assume The Cheeto is going to be re-elected?!?
Besides, I know that there is going to be a bill to pay for those tax cuts, and it's most likely going to be Medicare and Social Security. And you know that if those programs go away, we won't get the thousands we've already paid in refunded!
Medicare and Social Security are not going away.
Social Security wage base can always increase. In the future, they will likely just raise the wage base or have all earnings subject so Social Security tax for all or have a much higher wage base limit.
If they taxed all earnings, as opposed to the $126,000 limit then Social Security would be solvent for many more years then it currently is.
I personally am for a very strong safety-net for our seniors and generating OASDI revenue through taxing all earnings rather than the first $126,000.
I think decrease individual income tax rates and corporate income taxes is fantastic, because that is less money for family welfare programs for families.
In the future, I wouldn't be surprised if Medicare reimbursement rates are lowered just Medicaid in a majority of states over the years and then there would be a cost shift to commercial insurance providers and mainly those with family coverage.
The government always has the choice to lower Medicare reimbursement rates and just shifting those costs to commercial insurance.
We could have elected Ron Paul President in 2008 and now we'd have peace, security, jobs, less debt, higher wages, sound money, and individual liberty.
For all those making "projections," remember even a blind squirrel sometimes finds a nut! Pull your money out of the market and then we can talk again in a few years!
We could have elected Ron Paul President in 2008 and now we'd have peace, security, jobs, less debt, higher wages, sound money, and individual liberty.
He'd never have gotten most of his agenda done but he would still be much better than the shambolic mess we have right now.
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