Trump cut taxes for 80% of Americans-prove me wrong.

So do I. Who knows how to spend my own money best-me or the govt?

It can be invested, saved, spent on goods and services-but it wouldn't even be an option if dems were in power.

I started a thread yesterday about how dems want to take those tax savings and give them directly to the poor and students.

Essentially buying votes with your money.

Thats the democrat way.

 

Is it true that only 53 percent of Americans pay income tax?
That said, why don't 49 percent of Americans owe any federal income tax on April 15th? There are two main reasons: income level and tax benefits. The tax system in the United States is designed to be progressive, meaning that higher incomes are asked to pay a larger percentage in taxes. If your income level is relatively low, standard deductions and exemptions can quickly lower your tax burden to zero. According to the Tax Policy Center, a non-partisan research center, a family of four earning $26,400 a year will pay no taxes because the $11,600 standard deduction plus four exemptions of $3,700 each will lower their taxable income to zero [source: Williams].

Roughly half of Americans who pay no Federal income tax do so because they simply don't earn enough money. The other half doesn't pay taxes because of special provisions in the tax code that benefit certain taxpayers, notably the elderly and working families with children.
https://money.howstuffworks.com/only-53-percent-pay-income-tax.htm

Since 49% pay fed taxes, it would be impossible to cut taxes to 80%.
Now maybe some of the 51% received a bigger tax credit?
And, if one want's to be a real stickler. 80% of Americans don't even work. Students, retirees, and disabled, don't work and won't pay income taxes.

 

yes isn't it a conflict of interest to vote when you live off the govt taxation??

"When the people find that they can vote themselves money, that will herald the end of the republic."
-Benjamin Franklin

 

yes!! without the welfare vote Democrats would be instantly extinct!

 

Heres the list of Obama's bankrupt green jobs of the future companies:

Evergreen Solar ($25 million)*
SpectraWatt ($500,000)*
Solyndra ($535 million)*
Beacon Power ($43 million)*
Nevada Geothermal ($98.5 million)
SunPower ($1.2 billion)
First Solar ($1.46 billion)
Babcock and Brown ($178 million)
EnerDel’s subsidiary Ener1 ($118.5 million)*
Amonix ($5.9 million)
Fisker Automotive ($529 million)
Abound Solar ($400 million)*
A123 Systems ($279 million)*
Willard and Kelsey Solar Group ($700,981)*
Johnson Controls ($299 million)
Brightsource ($1.6 billion)
ECOtality ($126.2 million)
Raser Technologies ($33 million)*
Energy Conversion Devices ($13.3 million)*
Mountain Plaza, Inc. ($2 million)*
Olsen’s Crop Service and Olsen’s Mills Acquisition Company ($10 million)*
Range Fuels ($80 million)*
Thompson River Power ($6.5 million)*
Stirling Energy Systems ($7 million)*
Azure Dynamics ($5.4 million)*
GreenVolts ($500,000)
Vestas ($50 million)
LG Chem’s subsidiary Compact Power ($151 million)
Nordic Windpower ($16 million)*
Navistar ($39 million)
Satcon ($3 million)*
Konarka Technologies Inc. ($20 million)*
Mascoma Corp. ($100 million)
*Denotes companies that have filed for bankruptcy=

 

Yes it is.

 

And did Obama give that money to the poor? No.

Did it stimulate the economy? No.

And did dems care? No.

 

The Sequester (that cut spending across the board}
The Stimulus that should have been larger


All things that would have created jobs and increased wages

Yes

 

And ANY government spending "stimulates the economy".

No serious person disputes that

 

They didn't, and the middle class took note and voted out dems, starting in 2010.

 

They didn't?

Those things HAPPENED...and they cost JOBS...and lowered WAGES

 

The Loss of the Medical deductions alone should make average Americans riot in the streets.

Trumps tax reform closed no corporate loopholes and reduced revenue when corporations have been posting record profits for 7 years

What do you expect after seeing Trump and Daddy schemes to avoid paying taxes.

 

Democrats happened and it cost jobs and lowered wages.

In a way its why Trump is your POTUS now.

 

Dude..you claim to make a quarter mil a year.

If you can't figure out how to allocate your funds you have a problem

 

I do. Part of the reason I made what I did.

 

And you're gonna protect your tax cuts no matter what...while making a quarter mil a year

 

Absolutely. Gets real old working my ass off in a high liability specialty where people can die, for long hours, to see half of my check taken.

Crazy I know.

 

You got tax cuts too. Too bad the people you voted for in NY took them all away from you.

 

Trump's "tax cut" took deductions away from me and millions of other Republicans and Dems in similar circumstances...ADDING to my Federal tax liability

Nothing changes that

 

Yeh, he gave all of us a nickel, and a thousand dollar bill for himself

Frack Trump

 

dems want to lower middle class taxes but repubs demand most of the tax cuts go to the top 10%\mega corps

just look at the republicans "middle class tax cut bill" it was really a "mega corp tax cut bill" with a temporary middle class carrot added in

 

real grown up of the right, Trump Cons the working class, and that is what conservatives says?

Trump really puts the Con in Conservative

 

How much are people getting? And we are paying for those tax cuts by cutting social security and healthcare. In addition those tariffs are going to raise the cost of living.

 

Dems want to raise everyones taxes, Trumps tax cuts went to 80% of Americans.

 

The working class DITCHED the democrats, because they never deliver.

Tax, spend, war, division, and envy are no way to run a country.

Note the series of democrat defeats since 2010.

They weren't conned, and your problem now is that Trump is delivering.