justin_o_guy2 wrote on 06/15/18 at 06:04:25:
WTF do you THINK about dismantling nukes?
His tax proposal, you know, where YOU CAN KEEP MORE OF YOUR OWN EARNINGS, was gonna hurt us.
Tax cuts, ROFL, A household earning $1 million or more would get an average cut of $69,660, an income bump of 3.3 percent. Compare that with the a tax cut of $870, or 1.6 percent, for the average household earning $50,000 to $75,000.
But you've already lost that China has just retaliated for the US tariffs. And you've now got a 1.5 trillion deficit to pay for the tax cuts for the wealthy.
Yes N.Korea getting rid of it's nukes are good. Trump has only ensured that they won't.
But it's gets worse with tax...
Put another way, in 2018, households earning $1 million or more — or, 0.4 percent of all tax filers — would be getting 16.5 percent of the total benefit from the bill.
In 2027, households earning $1 million or more — estimated to be 0.6 percent of all filers — would be getting 81.8 percent of the total benefit, even though their average tax break would be about $46,000 smaller in 2027 than in 2018.