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Strategist saysAhhh my dear socialist friends want more and more. "Give them an inch, and they want a mile" Such gratitude.
Don't you think it's the corporations that are getting the fat tax cut that are socialists here?
The tax cut that corporations get, trickles down to the 401K plans the citizen has, as does the increased wages and bonuses.
Strategist saysThe tax cut that corporations get, trickles down to the 401K plans the citizen has, as does the increased wages and bonuses.
Does enough of it trickle down to compensate for the huge deficit that it will incur annually? I don't think. There is not historic evidence of that when the tax rates are already low.
Before you get your dick all hard and your voice hoarse from cheering trump over what is so far a pretty token gesture let's see what percentage of companies actually do what. So far the count is 2 (bancorp and wells fargo, banks are not major employers of minimum wage workers so 15 an hour minimum is not much of a giveback for banks) giving some part of the tax cut windfall to employees wages and several hundred that have announced major stock buybacks Like Boeing 18 billion, Home depot 15 billion, pfiezer 10 billion, oracle 12 billion, etc., etc. etc.. Executive compensation hasn't been announced yet and neither has dividends.
Yes it's quite possible that rich people will make out to. What would you have us do? Reverse the $15 hour pay raises because some fatcats might benefit as well?
Do you clowns listen to yourselves?
anotheraccount saysStrategist saysAhhh my dear socialist friends want more and more. "Give them an inch, and they want a mile" Such gratitude.
Don't you think it's the corporations that are getting the fat tax cut that are socialists here?
The citizen is getting a tax cut too. The tax cut that corporations get, trickles down to the 401K plans the citizen has, as does the increased wages and bonuses.
Remember what Pelosi, Schumer and all their friends were saying:
"It's a tax cut for the top 1%"
"The middle class will pay more"
Reverse the $15 hour pay raises because some fatcats might benefit as well?
Strategist saysThe tax cut that corporations get, trickles down to the 401K plans the citizen has, as does the increased wages and bonuses.
Does enough of it trickle down to compensate for the huge deficit that it will incur annually? I don't think. There is not historic evidence of that when the tax rates are already low.
Is this really so difficult to understand? Smart people would have you enact a tax plan that gave the majority of benefits to the middle class rather than the 1%.
Actually not giving the fat cats a tax cut when the economy is running just fine would be the answer.
HappyGilmore saysIs this really so difficult to understand? Smart people would have you enact a tax plan that gave the majority of benefits to the middle class rather than the 1%.
Does this look like it's going only to the 1%?
Wait, weren't the Socialists here stating that those EVIL corporations will just give the additional profits to the CEOs and NOT let them trickle down the stairway to the employees??
Were they wrong? (again)
The chart below proves the statement wrong.
The good news is that there aren’t many who will pay higher taxes next year — about 8.5 million, compared to the some 143 million who will get lower taxes.
For the most popular bracket of what the Tax Policy Center calls expanded cash income level, the $50,000 to $75,000 range, will see an average tax change of $870.
https://www.marketwatch.com/story/here-are-the-winners-and-losers-of-the-final-version-of-the-republican-tax-bill-2017-12-18
anon_8d9b9 says
anon_37bba saysWait, weren't the Socialists here stating that those EVIL corporations will just give the additional profits to the CEOs and NOT let them trickle down the stairway to the employees??
Were they wrong? (again)
All 2 of them?
So how did Market Watch come up with 2018 numbers from Tax Policy Center which didn't publish 2018 numbers?
Funny how I easily found the report when reading the article linked in the post.
Reading, try it sometime. It's amazing the things that can be learned!
Something is very odd about this chart everyone is salivating over.
Wait, I thought the rich were getting big tax cuts and the middle and working classes nothing?
It is a FACT that the vast majority of the gains go to the wealthy.
Also it is not showing the size of the cuts. It only shows what percentage is getting something, and what percentage is getting screwed.
>No socialist thinks "trickle down" is a fact. Every one of them felt only the rich would benefit. Including you.>
#politics