Welcome, Guest. Please login or register.
Did you miss your activation email?
04 21, 19, 10:57:16:AM

Login with username and password

God made Woman and Man
Samuel Colt made them Equal

Search:     Advanced search
2152183 Posts in 244019 Topics by 302 Members
Latest Member: test
* Website Home Help Login Register
 |  All Boards  |  Current Events  |  Topic: Trump Gave Americans a Massive Tax Cut. Few Are Noticing 0 Members and 1 Guest are viewing this topic.
Pages: 1 2 Print
Author Topic: Trump Gave Americans a Massive Tax Cut. Few Are Noticing  (Read 60 times)
wvit1001
Sr. Member

Posts: I am a geek!!


« on: 04 15, 19, 10:42:20:AM » Reply

Republicans passed a sweeping tax cut for two-thirds of Americans in 2017, saying it would pay for itself and the American public would thank them.

Now, as Americans finish filing to the IRS for the first time under the new system, the law has swelled the deficit and surveys show just one-fifth of taxpayers believe their taxes have gone down. That’s made it hard for President Donald Trump to leverage the tax cuts as an issue in 2020, when he’s up for reelection and his party will be seeking to retake the House of Representatives.

“The Democrats really outmaneuvered the Republicans by convincing the American people that the main thrust of the tax reform package was to cut taxes for the wealthy,” said Dan Eberhart, a major Republican donor who runs the drilling services company Canary, LLC. Republicans “failed to fully explain the success to voters.”



The Trump administration and congressional Republicans sold the tax law as fuel for economic growth and deficit reduction. Senate Majority Leader Mitch McConnell gave assurances in December 2017 that the measure would not only contain the deficit but be a “revenue-producer.” Trump’s top economic adviser, Larry Kudlow, said last week that the tax cut package had largely already paid for itself, a statement that conflicts with government data.


The U.S. budget shortfall grew by 17 percent to $779 billion in fiscal year 2018, which the Congressional Budget Office has said was partly a consequence of the tax law. Along with additional spending that’s been signed into law, the CBO projects the deficit will surpass $1 trillion by 2020.


But an NBC/Wall Street Journal poll this month showed that just 17 percent of Americans believe their taxes have been cut. A Reuters/Ipsos poll in March found that 21 percent thought their taxes were lowered.



http://time.com/5570679/trump-tax-cuts/?utm_source=reddit.com
WWV10MHZ
President Trump. BRAVO!!! MAGA!!!
Sr. Member

Posts: 41648

LIBERALISM - Spawned by SATAN!


« Reply #1 on: 04 15, 19, 10:49:01:AM » Reply

They are too stupid to realize they got it in their paycheck all year long!

They need to look at their take-home before/after the Tax Cut.

DUH!!!!!
wvit1001
Sr. Member

Posts: I am a geek!!


« Reply #2 on: 04 15, 19, 10:51:21:AM » Reply

you think?   A few pennies per week for the working man compared to the massive tax cuts for the already wealthy.   
davik62
Sr. Member

Posts: 51600

Frump is a liar, and Repocons are Proud of that.


« Reply #3 on: 04 15, 19, 11:30:52:AM » Reply

What a travesty of Justice!
WWV10MHZ
President Trump. BRAVO!!! MAGA!!!
Sr. Member

Posts: 41648

LIBERALISM - Spawned by SATAN!


« Reply #4 on: 04 15, 19, 11:37:40:AM » Reply

What does "justice" have to do with your earnings?

If you have the skills/education/experience/knowledge/capabilities, then you can earn higher pay.

If you do not, then you don't/won't/can't.

"Justice" has NOTHING to do with it!!!  (Except in Socialism/Communism where everyone is POOR!)

DUH!!!
wvit1001
Sr. Member

Posts: I am a geek!!


« Reply #5 on: 04 15, 19, 11:39:51:AM » Reply

most people in this country live from paycheck to paycheck wavy.   Especially the people who live in trump country.   

it's a shame you believe that poor people are only poor because they like being poor.
sine-qua-non
Sr. Member

Posts: 67886

This Little Piggi Gets Wee Wee'd Up All The Way Hm


« Reply #6 on: 04 15, 19, 01:12:37:PM » Reply

People for the most part choose who they are or are born that way

That the left cry’s about things out of their control when they have the same choices we all have

means they are playing the victim card as nitwit just did here SSDD for that commie boy !
chuck_curtis
Contributor
Sr. Member

Posts: 45781


« Reply #7 on: 04 15, 19, 01:15:03:PM » Reply

That's okay, tax cuts are good for everyone, and that's really all that matters.
davik62
Sr. Member

Posts: 51600

Frump is a liar, and Repocons are Proud of that.


« Reply #8 on: 04 15, 19, 02:28:25:PM » Reply

They are NOT any good if the deficit/debt starts running wild!
Trump has to cut spending, be he is spending like a drunken sailor!

Trump is what is BAD for America.  He is a lying, cheating con-man.
chuck_curtis
Contributor
Sr. Member

Posts: 45781


« Reply #9 on: 04 15, 19, 02:38:05:PM » Reply

The Ds will fix it.   Let's see...how much more do they want to add to spending for "Medicare for all" and the GND?  There are not enough wealthy Americans to rape to even come close to footing that bill.
dondc
Sr. Member

Posts: 14776


« Reply #10 on: 04 15, 19, 02:43:08:PM » Reply

Medicare for all will be cheaper than the present system in the long run! 
chuck_curtis
Contributor
Sr. Member

Posts: 45781


« Reply #11 on: 04 15, 19, 02:44:04:PM » Reply

Dur, that's because in the long run, we will all die paying for it.
Pages: 1 2 Print 
 |  All Boards  |  Current Events  |  Topic: Trump Gave Americans a Massive Tax Cut. Few Are Noticing
Jump to:  

AesopsRetreat Links


AesopsRetreat
YouTube Channel


Build The Wall
Go FundMe Link



Rules For Radicals.



2nd Amendment Source



5 minute Education




Join Me at KIVA
My Kiva Stats


Truth About
Slaves and Indians




r/K Theory




White Privilege




Conservatives:
What Do We Believe


Part 1:
Small Govt & Free Enterprise

Part 2:

The Problem with Elitism

Part 3:
Wealth Creation

Part 4:
Natural Law



Global Warming Scam



Lend a hand


Powered by MySQL Powered by PHP © AesopsRetreat
Powered by SMF 1.1.11 | SMF © 2006-2009, Simple Machines LLC
Valid XHTML 1.0! Valid CSS!
Page created in 0.054 seconds with 37 queries.