Just some. more proof showing that the left an MSM love to hide data and facts........
Trump Tax Cuts
- Thread starter jakefest
- Start date
Percentages are great but you are talking about a low income family getting $30 and a high income earner getting $600K.
12m people are splitting a $6B tax break while 22k people are splitting a $13B tax break
10% foots 70% of income tax returns and 25% fund 86%. So those 12m barely paying anything in either. Numbers are fun.
Waste of a convo tho…the convo needs to be what the the fk is the govt doing with the amount of money theyre stealing annually? I get 50% taken and they have not a fkn clue where it goes from a audit perspective. Govt needs to be held to account for spending instead of bickering over who needs to pay more to fund their stupidity and grift. 50% is fkn obscene for anyone to get stolen.
Great. There is obviously a difference in a low income family getting back $30 and high income family getting back $600K. And they lied their asses off about it paying for itself. Instead it added trillions to the deficit.
You need a new accountant if you really pay 50%, even if that is w2 wage income.
37 fed - eff marginally less & 8.97/10.75 state eff over 9 and when you add prop taxes yea its damn close. even without clearing 46% is an absurdity.
look you can argue to the moon and back about income distribution. thats a separate conversation. most people just see it as black and white - what they consider "rich" just keep paying more, and redistribute back to who they feel "deserves" it. its a deeply flawed solution. you wanna address that you need to correct dynamics of income which to truly fix at this point is damn near a full overhaul of everything in at the intersection of the economy and govt. but when it comes to the tax system now, marginal numbers on higher income makes you pay a lot more and theres is going to be both a far lower eff rate on a far lower income. people earning high salaries pay significantly more than enough. this is a spending problem. the government is on the hook, they take in more than enough and should be operation on less than half of what they currently confiscate. if they cant operate far less than what they currently take, they just further the case that most of our federal government and its ever-growing tentacles dont need to exist.
