Trump Tax Plan

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  • bsm2
    IT Manager

    25,000+ Posts
    • Feb 2008
    • 29714

    #1

    Trump Tax Plan

    The Rich make out very very well
    The poor and middle class get Screwed

    Nonpartisan analysts say the bill would add $3 trillion to $5 trillion to the nation's $36.2 trillion in debt over the next decade. Moody's cited the rising debt, which it said was on track to reach 134% of GDP by 2035, for its decision on Friday to downgrade its U.S. credit rating.
  • bsm2
    IT Manager

    25,000+ Posts
    • Feb 2008
    • 29714

    #2
    US healthcare US health groups vow to fight GOP cuts to Medicaid and Obamacare
    Cuts worth $880bn could leave 13 million Americans without insurance in proposal that has divided Republicans

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    • BBM
      Senior Tech

      500+ Posts
      • Dec 2020
      • 857

      #3
      Originally posted by bsm2
      The Rich make out very very well
      The poor and middle class get Screwed


      onpartisan analysts say the bill would add $3 trillion to $5 trillion to the nation's $36.2 trillion in debt over the next decade. Moody's cited the rising debt, which it said was on track to reach 134% of GDP by 2035, for its decision on Friday to downgrade its U.S. credit rating.
      Here is what you fail to mention

      The projected savings for middle-class families from the Trump tax cuts vary depending on the source and the specific income bracket considered. Here's a breakdown:
      Projected Savings & Impacts:
      • Average American Family: The Ways and Means Committee (.gov) projects an additional $1,300 tax cut for the average American family.
      • Median-Income Households: The White House (.gov) estimates that take-home pay for median-income households will increase by as much as $5,000 per year.
      • Middle-Income Households: CNBC reports that middle-income households would see a 1.3% income boost, equivalent to a $1,000 tax cut, if the tax cuts are extended.
      • Family of Four Earning $75,000: The Ways and Means Committee (.gov) states that a family of four earning $75,000 could see their taxes increase by $1,500 if the lower individual income tax rates expire. This suggests potential savings of $1,500 if the tax cuts are extended.
      Democrats want to RAISE YOUR TAXES if this bill fails .

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      • bsm2
        IT Manager

        25,000+ Posts
        • Feb 2008
        • 29714

        #4
        Trump’s latest tax plan is such a winner, Republicans are trying to ram it through at 1 a.m. while the country is asleep. Under the proposal, working Americans would lose up to $1,000 a year. Meanwhile, the ultra-wealthy (those making more than $4.3 million) would pocket an extra $389,000. If it’s so great for the country, why are they doing everything in the middle of the night?

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        • bsm2
          IT Manager

          25,000+ Posts
          • Feb 2008
          • 29714

          #5
          Originally posted by BBM

          Here is what you fail to mention

          The projected savings for middle-class families from the Trump tax cuts vary depending on the source and the specific income bracket considered. Here's a breakdown:
          Projected Savings & Impacts:
          • Average American Family: The Ways and Means Committee (.gov) projects an additional $1,300 tax cut for the average American family.
          • Median-Income Households: The White House (.gov) estimates that take-home pay for median-income households will increase by as much as $5,000 per year.
          • Middle-Income Households: CNBC reports that middle-income households would see a 1.3% income boost, equivalent to a $1,000 tax cut, if the tax cuts are extended.
          • Family of Four Earning $75,000: The Ways and Means Committee (.gov) states that a family of four earning $75,000 could see their taxes increase by $1,500 if the lower individual income tax rates expire. This suggests potential savings of $1,500 if the tax cuts are extended.
          Democrats want to RAISE YOUR TAXES if this bill fails .
          Wow only add 5 Trillion dollars to the National debt
          Attached Files

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          • bsm2
            IT Manager

            25,000+ Posts
            • Feb 2008
            • 29714

            #6
            GOP bill could add trillions to the U.S. deficit, some experts say.

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            • BBM
              Senior Tech

              500+ Posts
              • Dec 2020
              • 857

              #7
              Originally posted by bsm2
              GOP bill could add trillions to the U.S. deficit, some experts say.
              What do the other experts say ?

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              • bsm2
                IT Manager

                25,000+ Posts
                • Feb 2008
                • 29714

                #8



                details how House Republicans are hiding debate on a massive tax cut bill that Donald Trump is urging them to vote for “because they know what a betrayal it is to their own campaign promises … apparently not realizing that if Republicans do pass this bill, they will lose the House of Representatives in the next election.”

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                • bsm2
                  IT Manager

                  25,000+ Posts
                  • Feb 2008
                  • 29714

                  #9
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                  • bsm2
                    IT Manager

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                    • Feb 2008
                    • 29714

                    #10
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                    • bsm2
                      IT Manager

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                      • Feb 2008
                      • 29714

                      #11
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                      • bsm2
                        IT Manager

                        25,000+ Posts
                        • Feb 2008
                        • 29714

                        #12
                        Yep tax breaks for the Rich Again
                        Attached Files

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                        • bsm2
                          IT Manager

                          25,000+ Posts
                          • Feb 2008
                          • 29714

                          #13


                          ​​​​​details how Donald Trump and Republicans are trying to take health care away from millions by cutting Medicaid and Medicare to pass the “cruelest budget bill ever passed in American history” as he accepts a jet from Qatar in “Donald Trump’s Marie Antoinette moment of obliviousness to the suffering he is causing.”

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                          • bsm2
                            IT Manager

                            25,000+ Posts
                            • Feb 2008
                            • 29714

                            #14


                            ​​​​​ Frost Asks Who Inserted Gun Silencer Provision In Budget Causing Objection From Griffith

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                            • Mako
                              Trusted Tech

                              250+ Posts
                              • Jan 2025
                              • 493

                              #15
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