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Started By
Message

Tax liability fell in 2018 for every single income group except millionaires.
Posted on 7/12/19 at 5:33 pm
Posted on 7/12/19 at 5:33 pm
LINK
What this means is that the TCJA made the American income tax system even more progressive, refuting a key claim made by opponents of the law
Posted on 7/12/19 at 5:55 pm to HailHailtoMichigan!
Media completely silent on this fact, primarily to allow Democrat Presidential candidates to continue a false narrative of tax breaks for the rich.
Posted on 7/12/19 at 5:57 pm to HailHailtoMichigan!
I am too lazy to do the math but it looks like every percentage drop from group to group left to right gets smaller as the income gets bigger.
Democrats are filthy liars and their supporters are stupid.
Democrats are filthy liars and their supporters are stupid.
Posted on 7/12/19 at 6:09 pm to HailHailtoMichigan!
I would guess it is because they are making more money.
Posted on 7/12/19 at 6:53 pm to HailHailtoMichigan!
you people are monsters. the rich aren't paying their fair share. being a minority in this country is a health hazard. du told me so.
Posted on 7/12/19 at 7:05 pm to HailHailtoMichigan!
Does this include capital gains? It says tots tax liability so I would think it would. If not, I could see that being a counterpoint. If it does and assuming it is accurate, then this is not what I expected. I would like to hear counters of why it’s not correct, but this is very interesting.
Posted on 7/12/19 at 7:12 pm to HailHailtoMichigan!
Not if you are a professional who makes his money on services. Dont know a single dr, accountant, or lawyer who's taxes went down last year. In fact, most went up a % or two.
Posted on 7/12/19 at 7:15 pm to HailHailtoMichigan!
This isn’t true
Tax federal tax liability also increased for the coastal blue states who were allowing their state property tax paid to be deducted from federal income tax
Edit: of course it only effected the blue state frickers whose property was valued above 500k
Funny thing is the coastal frickers property/homes cost about twice what the rest of America pays for the exact same property

Tax federal tax liability also increased for the coastal blue states who were allowing their state property tax paid to be deducted from federal income tax
Edit: of course it only effected the blue state frickers whose property was valued above 500k
Funny thing is the coastal frickers property/homes cost about twice what the rest of America pays for the exact same property
This post was edited on 7/12/19 at 7:20 pm
Posted on 7/12/19 at 7:17 pm to HailHailtoMichigan!
A "millionaire" ISN'T someone who makes $1+ million a year....
Posted on 7/12/19 at 7:30 pm to BearsFan
quote:
A "millionaire" ISN'T someone who makes $1+ million a year....
Depends
On who is considering on what is a millionaire
The general public would consider a person a millionaire if they had assets worth a million + and they can maintain those assets while still otherwise living an upper middle class lifestyle
Democrats for shame and tax purposes would consider someone in the middle middle class as being a millionaire
Posted on 7/12/19 at 7:35 pm to BearsFan
A "millionaire" ISN'T necessarily someone who makes $1+ million a year...
But I think you know what he means.
But I think you know what he means.
Posted on 7/12/19 at 7:35 pm to HailHailtoMichigan!
I hate when my tax liability doesn’t fall.

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