I realize the power of considering yourself a victim but
What did Obama do for someone making 40-80k?
How does the democratic California government care about the poor by having $3.50 a gallon gas?
Society 82 Percent Of The Money Generated Last Year Went To The Richest 1 Percent
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What did Obama do for someone making 40-80k?
How does the democratic California government care about the poor by having $3.50 a gallon gas?
Are you talking about the machines that drive the economy?
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In this very link, it distinguishes between wealth and income. The Oxfam study focuses on wealth, not income, which is defined as having over $770,000 in assets over liabilities, as elaborated in the article you posted.
Only scrubs sit around and worry about how much money someone else has.
Don't be a DNB and go hustle with a vengeance.
Don't be a DNB and go hustle with a vengeance.
But then you cant blame Trump. Wonder what the percentage was the 8 years before that.
Liberals don't want to look inward and acknowledge that, in general, we're our own worst enemies and our shortcomings are our own responsibility. Instead, they'd rather blame a gameshow host turned president. Scrubs.
Personal accountability are 2 words you will never hear a liberal say when discussing life or politics.
M
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@GSP is the Greatest and
@HEATH VON DOOM you guys should just meet up and fuck. Enough with the online circle jerk
I'm down.
@HEATH VON DOOM I'll come to you and we split my airfare?
Awwwws you want to come sit on daddies lap and tell him how those words are hurting you?
UnfortunatelyI'm down.
@jason73 said that would be a bad idea.
Its only around 550 bucks so its not that bad. Not sure my woman would like it alot but she could go stay at her moms. You can show me how to use a seal club and I can show you how awesome it is to open carry firearms and scare snowflakes.I'm down.
This
M
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Tell me more about how much Republicans give a fuck about people who make under $250k per year
Tell me more about how Democrats give a shit about people that have jobs? I am still waiting on my healthcare to go down.
I make less than 250 k and I dont need the government to give a fuck about me.
Everyone of them will see a bigger paycheck due to tax cuts.
Now your turn
What did Obama and Democrats do for those people?
M
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Why don't you give me some more inaccurate/ misrepresentative statistics first?
Cool I’ll just ignore anything you post in the future
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M
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- Tim Wulf, a Jimmy John's franchisee, says the Republican tax plan doesn't help small-business owners.
- Wulf, a former economics professor, says the tax bill lacks measures to boost labor productivity, which he identifies as the most important driver of US economic improvement.
- To that end, Wulf is most concerned with the expensing of equipment, interest on debt, and the tax cut being offered to S-corps and partnerships.
- Wulf is a Republican but says he keeps his politics out of his economic analysis, which includes regular written contributions to trade publications and local outlets.
An econ professor turned small-business owner breaks down his 3 big problems with the GOP tax plan
One of the central parts of President Trump’s tax plan is to cut taxes on what are called “pass-through” businesses. Proponents pitch that as a big boost for middle-class owners of small businesses.
But a new analysis from the Tax Policy Center finds that aside from making Trump personally a lot richer, the pass-through provision would almost entirely benefit the wealthy.
TPC finds that the plan could cut almost $2 trillion in taxes over 10 years, but the rich would reap nearly all the benefits:
Trump’s "small business" tax plan helps only the rich
On Wednesday the Trump administration unveiled the latest iteration of the president’s tax plan, aiming to reinvigorate the American business. But number crunching shows that one of the president’s biggest proposals — a special, lower tax rate for certain business owners — could mean a huge handout to wealthy Republican voters without delivering a major jolt to the economy.
The proposal, which would allow business owners to pay a special 15% tax rate instead of the (typically higher) income-tax rates that apply to salaried workers, is sure to fire up the GOP base. The small business lobby has pushed hard for it, and research has shown that small business owners lean heavily Republican.
Yet while it’s likely to boost the economy — as tax cuts generally do — the effect could be far less dramatic than other proposed tax changes, especially rate cuts for big public corporations. And reviews of the proposal by think tanks from both sides of the political spectrum suggest it could add roughly $1 trillion to the deficit over the next 10 years.
What’s more, experts worry that the proposed cut would generate some unintended consequences — worsening inequality and promoting tax avoidance, as workers scramble to qualify for the attractive lower rates. Indeed, when a similar move was implemented in Kansas in 2012, the tax moves generated a ballooning deficit and surge in newly minted “small business owners.” The results sank Gov. Sam Brownback’s popularity, and the state is still trying to clean up the mess.
The Big Problem Underlying Trump’s Tax Cut for Business Owners