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re: Senate GOP passes budget bill allowing them to pass Trump tax plan without any Dem votes

Posted on 10/20/17 at 8:32 am to
Posted by TigersFan64
Baton Rouge, LA
Member since Oct 2014
4755 posts
Posted on 10/20/17 at 8:32 am to
quote:

Good news


For the ultra rich, like Trump, and corporations, as most of the tax cuts will go to them. This is hardly going to be a "middle-class" tax cut, as it will only get a sliver of what members of the lucky-sperm club like Trump and the Walton family will get.
Posted by udtiger
Over your left shoulder
Member since Nov 2006
99739 posts
Posted on 10/20/17 at 8:37 am to
quote:

ultra rich


Hmmm...

quote:

like Trump


Okay so far...

quote:

and corporations


Are you saying corporations are the "ultra rich"?

Regardless, reducing corporate tax rates (and making repatriation of money held overseas) is nothing but a flat out WIN for the economy AND the public fisc.

quote:

This is hardly going to be a "middle-class" tax cut, as it will only get a sliver of what members of the lucky-sperm club like Trump and the Walton family will get


And how much in taxes to these people pay? You do realize that the rate that will apply to most of their income will only be reduced to 35% from 39.5%, right?
Posted by UFMatt
In Traitor Joe Biden's US
Member since Oct 2010
11585 posts
Posted on 10/20/17 at 11:52 am to
quote:

For the ultra rich, like Trump, and corporations, as most of the tax cuts will go to them. This is hardly going to be a "middle-class" tax cut, as it will only get a sliver of what members of the lucky-sperm club like Trump and the Walton family will get.


And just who pays most of taxes, dumb asset?
Posted by sugar71
NOLA
Member since Jun 2012
9967 posts
Posted on 10/20/17 at 12:02 pm to
quote:

For the ultra rich, like Trump, and corporations, as most of the tax cuts will go to them. This is hardly going to be a "middle-class" tax cut, as it will only get a sliver of what members of the lucky-sperm club like Trump and the Walton family will get.




Don't think this is going to help the $20 trillion dollar debt that Republicans rarely talk about anymore either.


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