Tax cuts bombing?
On 3/31/2018 12:23 PM, Keyser Soze wrote:
On 3/31/18 12:19 PM, Mr. Luddite wrote:
On 3/31/2018 12:06 PM, Keyser Soze wrote:
On 3/31/18 12:03 PM, justan wrote:
Keyser Söze Wrote in message:
Nearly four months after the GOP passed their signature tax-cut law in
December, new surveys show that most people believe they are NOT
getting
bigger paychecks than they did before.Â* This could greatly reduce
support
seen for Republicans during this year?s midterm elections.
The GOP has made the tax-cut law the center of the message it plans
to take
to voters this fall in the 2018 midterm elections.Â* Their argument
is that
with Republicans in control of Congress and the White House the
American
people are getting more money in their take-home pay, thanks to the
tax
bill.
According to The Hill, one reason that most taxpayers won?t see
much of a
tax cut in their take-home pay is that benefits get spread out over an
entire year.Â* The Urban-Brookings Tax Policy Center said that
people with
incomes between $48,600 and $86,100 will, on average, receive $35
per pay
period if divided equally among 26 pay periods. But they also said
that
people with incomes below $25,000 will, on average, get a tax cut
of only
$60 over the course of the whole year.
?The tax bill just doesn?t provide much benefit to most people,? said
Vanessa Williamson, a fellow at the Brookings Institution.
A recent CNBC poll found that most people aren?t noticing much of a
benefit
from the tax law. The CNBC poll said that just 32 percent of
working adults
reported having more take-home pay due to the new law.
--
Posted with my iPhoneÂ* 8+.
The other side of that is if Hillery got elected, there would be
Â* huge tax increases to expand the graft and corruption that the
Â* democrats are so famous for. The economy would suffer and the
Â* middle class would be closer to extinction. Immigration laws
Â* would be relaxed. Illegals would collect SS on top of the free
Â* medical care they already recieve. The fat democrat cats would
Â* get fatter, and business would about face and head back off
Â* shore.
That's what you want but I can't see how you would profit from it.
No wonder you suck up to Trump...you're as uninformed and ignorant
and intellectually lazy as he is.
It really amazes me how the left can just ignore the fact that in many
areas this country is much better off today than it was even two years
ago.
Sure it is...Â* duck and cover.
Why is that? We are closer to a peaceful resolution with rouge nations
like North Korea than we have since the end of the Korean War. No
guarantees of success but at least he's trying.
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