Mnuchin already making bad headlines in Davos

[danielpalos]

I'll wait for polls that ask people about their higher take home pay in a few months......

The average worker is gonna see bupkis

Extremes make averages, and the benefits would be much larger for richer households. A household earning $1 million or more would get an average cut of $69,660, an income bump of 3.3 percent. Compare that with the a tax cut of $870, or 1.6 percent, for the average household earning $50,000 to $75,000.

CHARTS: See How Much Of GOP Tax Cuts Will Go To The Middle Class

Compare that with the a tax cut of $870, or 1.6 percent, for the average household earning $50,000 to $75,000.

How does that compare to the savings from the Dem tax cut bill?

The democrats are for a fifteen dollar an hour minimum wage.

 

[edthecynic]

"Obviously a weaker dollar is good for us as it relates to trade and opportunities," Mnuchin told reporters

True story.

I still prefer a strong dollar.

The mindless drones who attacked Obama for a weaker dollar, even though the dollar grew to its strongest point in 40 years under Obama, now are fine with a weak dollar because they have to mindlessly support everything Tramp says.

 

[edthecynic]

The only Dem tax cut I remember was Clinton's middle class tax cut in 1992......
and then he raised middle class taxes instead.

Clinton was not president in 1992, and Clinton raised taxes on the wealthy, not the middle class. That is just another Right-wing lie you mindlessly swallowed.

 

[Toddsterpatriot]

The only Dem tax cut I remember was Clinton's middle class tax cut in 1992......
and then he raised middle class taxes instead.

Clinton was not president in 1992, and Clinton raised taxes on the wealthy, not the middle class. That is just another Right-wing lie you mindlessly swallowed.

Clinton was not president in 1992,

Obviously. But that was when he promised the cut for the middle class.
Once he got in office, he, oh so reluctantly, raised middle class taxes instead.

It's what Dems do. Screw over the middle class.

 

[edthecynic]

I'll wait for polls that ask people about their higher take home pay in a few months......

They may withhold less, but at least 47% will not pay any less on April 15 , they will just get a smaller refund.

 

[Defiant1]

My paycheck for the second half of January was over $80 higher than the previous checks.
I'm salary and have not yet received a pay raise for this year.

 

[longknife]

You Snowflakes are incredible with your whiny, unfounded, and erroneous posts.

 

[Toddsterpatriot]

I'll wait for polls that ask people about their higher take home pay in a few months......

They may withhold less, but at least 47% will not pay any less on April 15 , they will just get a smaller refund.

Which 47% of the people won't save due to these tax cuts?
Any specifics?

 

[edthecynic]

Obviously. But that was when he promised the cut for the middle class.
Once he got in office, he, oh so reluctantly, raised middle class taxes instead.

Repeating your lie does not make it any less a lie, it only makes you a serial liar. Clinton raised taxes on the wealthy, not the middle class.

 

[edthecynic]

I'll wait for polls that ask people about their higher take home pay in a few months......

They may withhold less, but at least 47% will not pay any less on April 15 , they will just get a smaller refund.

Which 47% of the people won't save due to these tax cuts?
Any specifics?

The 47% who already pay no taxes, if less is withheld each week from their paycheck, then they will get less of a refund come tax time April 15, but no net tax cut.
But you knew that already.

 

[Toddsterpatriot]

Obviously. But that was when he promised the cut for the middle class.
Once he got in office, he, oh so reluctantly, raised middle class taxes instead.

Repeating your lie does not make it any less a lie, it only makes you a serial liar. Clinton raised taxes on the wealthy, not the middle class.

Clinton raised taxes on the wealthy, not the middle class.

Liar.

About That Middle-Class Tax Cut . . .

 

[Toddsterpatriot]

I'll wait for polls that ask people about their higher take home pay in a few months......

They may withhold less, but at least 47% will not pay any less on April 15 , they will just get a smaller refund.

Which 47% of the people won't save due to these tax cuts?
Any specifics?

The 47% who already pay no taxes, if less is withheld each week from their paycheck, then they will get less of a refund come tax time April 15, but no net tax cut.
But you knew that already.

The 47% who already pay no taxes, if less is withheld each week from their paycheck,

If they'll pay no taxes, they should already have nothing withheld from their paycheck

then they will get less of a refund come tax time April 15, but no net tax cut.

If any of the 47% you're worried about have children, they'll have a new, larger child tax credit.
So they will have a net tax cut.

 

[monkrules]

We are a Plutocracy in my opinion. Your right the wall is unnecessary. Why should we pay for what we do not want, Trump said Mexico will pay for it.

Mexico's ex-president told trump to go screw himself.

Hard to disagree with old Vicente. Lol..

 

[edthecynic]

Obviously. But that was when he promised the cut for the middle class.
Once he got in office, he, oh so reluctantly, raised middle class taxes instead.

Repeating your lie does not make it any less a lie, it only makes you a serial liar. Clinton raised taxes on the wealthy, not the middle class.

Clinton raised taxes on the wealthy, not the middle class.

Liar.

View attachment 173325
About That Middle-Class Tax Cut . . .

Liar!
The 1993 Clinton tax increase raised the top two income tax rates to 36% and 39.6%, with the top rate hitting joint returns with incomes above $250,000. In addition, it removed the cap on the 2.9% Medicare payroll tax, raised the corporate tax rate to 35% from 34%.

 

[edthecynic]

The 47% who already pay no taxes, if less is withheld each week from their paycheck,

If they'll pay no taxes, they should already have nothing withheld from their paycheck

Money is withheld based on their projected earnings, then by April 15 they submit their tax return which then calculates their actual taxes. You would have known this if you actually had even one paying job in your entire life, you lazy fucking leech!
Get a fucking job and stop mooching of us honest tax payers!

 

[Toddsterpatriot]

The 47% who already pay no taxes, if less is withheld each week from their paycheck,

If they'll pay no taxes, they should already have nothing withheld from their paycheck

Money is withheld based on their projected earnings, then by April 15 they submit their tax return which then calculates their actual taxes. You would have known this if you actually had even one paying job in your entire life, you lazy fucking leech!
Get a fucking job and stop mooching of us honest tax payers!

Money is withheld based on their projected earnings, then by April 15 they submit their tax return which then calculates their actual taxes.

If you know you'll have zero tax liabilities and you're getting a big refund, you haven't claimed enough exemptions. I guess you like giving the government an interest free loan.
That's okay, even dummies like you can benefit from the new, larger child tax credit.

 

[Toddsterpatriot]

Obviously. But that was when he promised the cut for the middle class.
Once he got in office, he, oh so reluctantly, raised middle class taxes instead.

Repeating your lie does not make it any less a lie, it only makes you a serial liar. Clinton raised taxes on the wealthy, not the middle class.

Clinton raised taxes on the wealthy, not the middle class.

Liar.

View attachment 173325
About That Middle-Class Tax Cut . . .

Liar!
The 1993 Clinton tax increase raised the top two income tax rates to 36% and 39.6%, with the top rate hitting joint returns with incomes above $250,000. In addition, it removed the cap on the 2.9% Medicare payroll tax, raised the corporate tax rate to 35% from 34%.

The 1993 Clinton tax increase raised the top two income tax rates to 36% and 39.6%, with the top rate hitting joint returns with incomes above $250,000 ($400,000 in 2012 dollars). In addition, it removed the cap on the 2.9% Medicare payroll tax, raised the corporate tax rate to 35% from 34%, increased the taxable portion of Social Security benefits, and imposed a 4.3 cent per gallon increase in transportation fuel taxes.

Hmmmmm.....no mention of a middle class tax cut there.
He lied during the campaign.

 

[edthecynic]

The 47% who already pay no taxes, if less is withheld each week from their paycheck,

If they'll pay no taxes, they should already have nothing withheld from their paycheck

Money is withheld based on their projected earnings, then by April 15 they submit their tax return which then calculates their actual taxes. You would have known this if you actually had even one paying job in your entire life, you lazy fucking leech!
Get a fucking job and stop mooching of us honest tax payers!

Money is withheld based on their projected earnings, then by April 15 they submit their tax return which then calculates their actual taxes.

If you know you'll have zero tax liabilities and you're getting a big refund, you haven't claimed enough exemptions. I guess you like giving the government an interest free loan.
That's okay, even dummies like you can benefit from the new, larger child tax credit.

Again, had you ever had a paying job you can claim one additional exemption on your W-4 form, but they will still withhold money that you won't get back until you file.

 

[edthecynic]

Obviously. But that was when he promised the cut for the middle class.
Once he got in office, he, oh so reluctantly, raised middle class taxes instead.

Repeating your lie does not make it any less a lie, it only makes you a serial liar. Clinton raised taxes on the wealthy, not the middle class.

Clinton raised taxes on the wealthy, not the middle class.

Liar.

View attachment 173325
About That Middle-Class Tax Cut . . .

Liar!
The 1993 Clinton tax increase raised the top two income tax rates to 36% and 39.6%, with the top rate hitting joint returns with incomes above $250,000. In addition, it removed the cap on the 2.9% Medicare payroll tax, raised the corporate tax rate to 35% from 34%.

The 1993 Clinton tax increase raised the top two income tax rates to 36% and 39.6%, with the top rate hitting joint returns with incomes above $250,000 ($400,000 in 2012 dollars). In addition, it removed the cap on the 2.9% Medicare payroll tax, raised the corporate tax rate to 35% from 34%, increased the taxable portion of Social Security benefits, and imposed a 4.3 cent per gallon increase in transportation fuel taxes.

Hmmmmm.....no mention of a middle class tax cut there.
He lied during the campaign.

No mention of the middle class income tax increase you claimed either.

 

[Toddsterpatriot]

The 47% who already pay no taxes, if less is withheld each week from their paycheck,

If they'll pay no taxes, they should already have nothing withheld from their paycheck

Money is withheld based on their projected earnings, then by April 15 they submit their tax return which then calculates their actual taxes. You would have known this if you actually had even one paying job in your entire life, you lazy fucking leech!
Get a fucking job and stop mooching of us honest tax payers!

Money is withheld based on their projected earnings, then by April 15 they submit their tax return which then calculates their actual taxes.

If you know you'll have zero tax liabilities and you're getting a big refund, you haven't claimed enough exemptions. I guess you like giving the government an interest free loan.
That's okay, even dummies like you can benefit from the new, larger child tax credit.

Again, had you ever had a paying job you can claim one additional exemption on your W-4 form, but they will still withhold money that you won't get back until you file.

Again, had you ever had a paying job you can claim one additional exemption on your W-4 form, but they will still withhold money that you won't get back until you file.

If you're going to have deductions like mortgage interest and property taxes, you can claim more exemptions than just your children.

If you ever owned a house, or could read the W-4 form, you might know that. Idiot.

If you can't understand the paragraph under line H.....you may be a liberal.