The economic reason why tax cuts for the rich are so stupid

I don't live in a blue state anymore , that can deduct huge state taxes, I am single ..

 

Yeah? What is your hourly wage?

 

So you never priced the trip to Spain?
Dude you are really insulting us workers of America, thinking if we get our income taxes cut in half is just peanuts, to the elite maybe, but not to us.

 

$28 An hour

 

If you are single and making a nice income > $70,000 and you have no deductions, then your federal income tax level would approach $10k.

But that doesn't represent most middle class folk, does it?

 

No dude, it is you who is insulting the middle class to justify tax cuts that will hugely benefit m/billionaires while most middle class working people will see little or no benefit.

Because most middle class workers don't pay much, if any, income taxes.

 

Jesus I know guys down here making $16 An hour working a lot of overtime making $90,000 A year. But they don't have much to show for it.

 

So explain to us how your $28/hour wage goes down to just $4/hr if you work 55 hours per week, as you claimed.

 

Why do we care about the billionaires and what they get? I am not envious are you?

 

Cutting top rates isn't just "tax cuts for the rich".
Tons of people who don't have yacht money pay the top rates. They dont take helicopters to work and they don't have private, fully staffed villas on exotic islands. Additionally they probably worked alot harder than you to get where they are, took much more monetary risk than you and work longer harder hours than you with lots more responsibility and daily risk.

Calling them "the rich" is a just cute little game you play.

 

You dodge my question, for obvious reasons.

But I'll answer it. The median income is less than $60,000. Few if any middle class folk are making $90,000 a year, depending on how you want to define middle class.

 

It's a figure of speech, I said over 55 hours a week , you make crap bring home money..

 

...

 

I see. So when you said:

"All of us know in the working world getting paid by the hour , it's not worth it to work over around 55 hours a week, because your just getting like $4 bucks an hour and the rest goes to taxes"

Your were just making that up.

Given that, it's fair to assume everything else you've said is stuff you've made up as well.

Others can decide for themselves.

 

Bullshit.
Lots of people pay in the top bracket and aren't "the rich".
Your jealousy of them knows no bounds

 

Your not counting over time, yes I have read just a uneducated guy like me is in the top 25% and I don't get it, the numbers are BS..

 

Because someone has to pay taxes, or else we run up more deficits and debt.

Remember when conservatives used to care about that. Right up to Jan 20, 2017.

 

You don't have to be a billionaire to pay huge tax bills. False dichotomy FAIL.

 

According to the conservative press, the top 20% pay 95% of income taxes:
http://www.politicalforum.com/index...e-class-single-digits.517487/#post-1068183033

You're going to have a hard time arguing that cutting income taxes is going to have a major effect on most middle class workers.

But the m/billionaires like donald will have a huge windfall.

 

I meant to say over time money over 55 hours a week , but you knew that.

 

If you spend, something you don't want to stop, and which you want others to pay for

 

Didn't say you did. False premise FAIL.

 

LOL, so ~$1,000 a month extra is peanuts.

 

I see, so when you said "All of us know in the working world getting paid by the hour , it's not worth it to work over around 55 hours a week, because your just getting like $4 bucks an hour and the rest goes to taxes" you're now saying that what you were talking about was overtime pay, which on your $28/hr wage would be $42 an hour.

Given that, it's fair to assume everything else you've said is stuff you've made up as well.

Others can decide for themselves.

 

LOL, few middle class workers pay $1000 a month in taxes, even if donald was going to completely cut taxes for folks paying $12,000 in federal income taxes.

According to the conservative press, the top 20% pay 95% of income taxes:
http://www.politicalforum.com/index...e-class-single-digits.517487/#post-1068183033

You're going to have a hard time arguing that cutting income taxes is going to have a major effect on most middle class workers.

But it will be a huge boon to m/billionaires like donald.