fact is CNN many people work at min wage formin wage has gone up a lot. Minimum wage is meant for entry level jobs not for someone to make a career out of.
fact is many people are stuck at min wage jobs for years. If we pay them more according to you they spend more, pay taxes, and create opportunities for others. So what’s the problem?min wage has gone up a lot. Minimum wage is meant for entry level jobs not for someone to make a career out of.
Let me interpret the tax cuts for you. Those high earners in the top 1% will receive a .1% cut in taxes while those on the bottom 30% will receive 30% cuts in taxes. Tell me again why you think this bill is an evil bill you call a 'tax cut for the rich.'Trump tax cut for the super rich is an undeniable fact.
Here is one headline:
The 2017 Trump Tax Law Was Skewed to the Rich, Expensive, and Failed ...
Let me interpret the tax cuts for you. Those high earners in the top 1% will receive a .1% cut in taxes while those on the bottom 30% will receive 30% cuts in taxes. Tell me again why you think this bill is an evil bill you call a 'tax cut for the rich.'
No need to interpret. Just provide an excerpt. Here is mine:Let me interpret the tax cuts for you. Those high earners in the top 1% will receive a .1% cut in taxes while those on the bottom 30% will receive 30% cuts in taxes. Tell me again why you think this bill is an evil bill you call a 'tax cut for the rich.'
The total value of a 1% tax cut for the super wealthy could be much more than a 30% cut for the less wealthy. If you want to talk about fair then just cut $30,000 from the rich when cutting $30,000 from the poor. Or, if you want to use some other standard, why is it fair to confiscate 80% of the earnings from the wealthy when confiscating only 2% of the earnings of the poor?Households with incomes in the top 1 percent will receive an average tax cut of more than $60,000 in 2025, compared to an average tax cut of less than $500 for households in the bottom 60 percent, according to the Tax Policy Center (TPC).[1] As a share of after-tax income, tax cuts at the top — for both households in the top 1 percent and the top 5 percent — are more than triple the total value of the tax cuts received for people with incomes in the bottom 60 percent.[2]
right from the article. did you even bother reading it? duh
If the taxes on the top 1% have been unfair then cutting their taxes by 2.9% does not sound extreme and so what if the super rich benefit more from those adjustments than do the poor who already pay little in taxes by comparison? The US is turning into a nation of envy and greed and is hurting itself by attacking the wealthy who keep the economy moving just because the poor are envious of their wealth.No need to interpret. Just provide an excerpt. Here is mine:
The law will boost the after-tax incomes of households in the top 1 percent by 2.9 percent in 2025, roughly three times the 0.9 percent gain for households in the bottom 60 percent, TPC estimates.[10] The tax cuts that year will average $61,090 for the top 1 percent — and $252,300 for the top one-tenth of 1 percent. (See Figure 1.) The 2017 law also widens racial disparities in after-tax income.[11]
2.9% increase in income is probably equivalent to near 10% decrease in tax rate. a far cry from your claim of 0.1% tax cut. Are you just incompetent or an incompetent liar?
Equal amounts for rich and poor aren't fairThe total value of a 1% tax cut for the super wealthy could be much more than a 30% cut for the less wealthy. If you want to talk about fair then just cut $30,000 from the rich when cutting $30,000 from the poor. Or, if you want to use some other standard, why is it fair to confiscate 80% of the earnings from the wealthy when confiscating only 2% of the earnings of the poor?
Yes people do get stuck because they do not put the effort in to better themselves . your talking different subjects with different that is a different subject call investment capitol seem you do not comprehend the difference in the subjects.fact is CNN many people work at min wage for
fact is many people are stuck at min wage jobs for years. If we pay them more according to you they spend more, pay taxes, and create opportunities for others. So what’s the problem?
Or was your reasoning an excuse to give billionaires even more breaks?
Shooting the golden goose that is keeping the economy afloat is stupid but greedy and envious savages don't know that.Equal amounts for rich and poor aren't fair
nothing to do with the concept of fairness, lying mororon. lolShooting the golden goose that is keeping the economy afloat is stupid but greedy and envious savages don't know that.
JFK lowered taxes on businesses and the economy picked up steam, proving excessive taxation slows the economy.nothing to do with the concept of fairness, lying mororon. lol
Nothing to do with fairness lying mororon lo,JFK lowered taxes on businesses and the economy picked up steam, proving excessive taxation slows the economy.
You seem to be advocating the same dollar amount cut for the rich and the poor. I am not sure you understood what you were advocating.The total value of a 1% tax cut for the super wealthy could be much more than a 30% cut for the less wealthy. If you want to talk about fair then just cut $30,000 from the rich when cutting $30,000 from the poor. Or, if you want to use some other standard, why is it fair to confiscate 80% of the earnings from the wealthy when confiscating only 2% of the earnings of the poor?
Different people have different philosophies wrt taxation and the role of government. Some might call the super rich greedy but it takes a sick depraved and hateful person to call those who have different economic philosophies “savages”.Shooting the golden goose that is keeping the economy afloat is stupid but greedy and envious savages don't know that.
savages? lolShooting the golden goose that is keeping the economy afloat is stupid but greedy and envious savages don't know that.