1 of 1- tennyson
- Exchanger
Offline 
- Registered: 2/06/2015
- Posts: 6,654
Latest Trump LIe - "A Giant Tax Cut for Christmas"
Why Trump's 'giant' middle class tax cut is less than advertised
On average the net effect for most Average Joes will be less than 2%
Really giant, Huh ?
Last edited by tennyson (12/13/2017 9:12 pm)
"Do not confuse motion and progress, A rocking horse keeps moving but does not make any progress"
- tennyson
- Exchanger
Offline
- Registered: 2/06/2015
- Posts: 6,654
Re: Latest Trump LIe - "A Giant Tax Cut for Christmas"
Oh, by the way, THOSE cuts are NOT permanent.
BUT, the approx. 50% cut in Business Taxes ARE PERMANENT !
"Do not confuse motion and progress, A rocking horse keeps moving but does not make any progress"
- •
Thread Starter- Tarnation
- Administrator
Offline
- From: Upstream where water's clean
- Registered: 1/29/2015
- Posts: 1,239
Re: Latest Trump LIe - "A Giant Tax Cut for Christmas"
The GOP tax bill is a huge gift to Democrats.
It will confirm every "party of the rich" and "serving Wall Street not Main Street" stereotype promulgated by Democrats for generations.
Now why would they do something which will virtually ensure massive GOP losses in 2018--and likely the White House in 2020?
I've come to the conclusion that the GOP comes in two permutations: The Uniparty RINOs and the perpetual opposition. In other words; they really don't know (and don't want to) govern. It is easier to gripe and snipe and play the opposition than to actually accomplish something.
Life is an Orthros.
- Goose
- Cogito ergo sum
Offline
- Registered: 1/29/2015
- Posts: 13,427
Re: Latest Trump LIe - "A Giant Tax Cut for Christmas"
I plugged my numbers into that calculator. Got a tax cut of almost exactly 2 %.
But after several years it’s actually a tax hike.
Yippee
We live in a time in which decent and otherwise sensible people are surrendering too easily to the hectoring of morons or extremists.
- Tarnation
- Administrator
Offline
- From: Upstream where water's clean
- Registered: 1/29/2015
- Posts: 1,239
Re: Latest Trump LIe - "A Giant Tax Cut for Christmas"
Goose wrote:
I plugged my numbers into that calculator. Got a tax cut of almost exactly 2 %.
But after several years it’s actually a tax hike.
Yippee
Enjoy it while it lasts, and, as Groucho Marx used to say: "Don't spend it all in one place!"
Life is an Orthros.