tax reform Trump

Here Is The Full Breakdown That Exposes What The Tax Plan Means For The Middle Class

"People are out there on T.V. telling mistruths."

"People are out there on T.V. telling mistruths."
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5 comments on “Here Is The Full Breakdown That Exposes What The Tax Plan Means For The Middle Class

  1. The Grand Oil Party excels at tax cuts. Always has, always will. It’s the air they breathe and it’s not surprising that wealth distribution to the top 10% began in 1980 with the coming of Saint Reagan

  2. WSJ headline reporting JCT analysis: “Middle Class to Get 23% of Tax Cuts for Individuals Under GOP Bill” … the story …”Middle-income households will get $61 billion in tax cuts in 2019 under the Republican tax plan poised for passage this week, according to an analysis released late Monday by Congress’s Joint Committee on Taxation. That amounts to 23% of the tax cuts …”

    According to the Tax Policy Institute the share of Federal Income Tax borne by the top quintile (above $147,700 household income) was 84.2% …

    Let’s see … 23% of benefits > 15.7% of income tax burden … hmmm

    Assuming the top quintile of households are not included in “Middle Class” it appears, the middle class benefits disproportionately … and that the argument the middle class does not benefit from the recent tax legislation is a canard …

  3. The poor don’t pay taxes anyways so why would they get a benefit from any tax reform?

  4. Consider the ages and money making holdings of ALL congressional operatives.
    Guess who is pontificating and who will suddenly benefit from THEIR rethuglican vote buying…
    just saying.

  5. Pingback: ‘Capitalist Suicide’: What’s Wrong With This Chart? - Biiwii.com

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