Eliminate the $10,000 cap on state and local tax deductions. The TCJA put a new cap of $10,000 on the amount of state and local taxes filers could deduct from their federal tax payments, a move that hit blue states harder than red states. Biden hasn’t called for undoing this, but some Democrats in Congress have said repealing the so-called SALT cap is a requirement in any Democratic tax package. A possible compromise is repealing it up to incomes of $400,000, and leaving the cap in place for higher earners.
Its just that the wealthy Progs complain about how unfair it is that they do not pay more as to make themselves look concerned while using the tax breaks and credits to keep as much as their money they can.
It was Trump's tax decrease, along with his business initiatives and reduced regulations that caused the economy to boom until China Joe's Chicom buddies decided to **** with us.
The economy will be a disaster under Joe Dufus just like it was under Obama/Dufus with increased poverty, decreased family income, dismal economic growth and tremendous debt and dismantling Trump's initiatives will be the main reason.
Democrats are the dumbest mutherfuckers on the planet. This greedy Socialism shit that they love so much is going to be a failure here just like it has been every place else.
Hey look everybody, the parrots are parroting again. Rachel Maddow told them what to think..so they do.
You loons really need to do some due diligence before making complete asses of yourselves in public. Here’s some free enlightenment.
The GOP at least increases tax revenue, and allow Americans to keep more of the money they earned....more over spend FAR less....how many trillion have the dems already spent and what are they getting read to pass?
Eliminate the $10,000 cap on state and local tax deductions. The TCJA put a new cap of $10,000 on the amount of state and local taxes filers could deduct from their federal tax payments, a move that hit blue states harder than red states. Biden hasn’t called for undoing this, but some Democrats in Congress have said repealing the so-called SALT cap is a requirement in any Democratic tax package. A possible compromise is repealing it up to incomes of $400,000, and leaving the cap in place for higher earners.
Republicans spend on the military and on improving the quality of life for America’s best citizens. They spend on things with potential ROi.
Democrats spend / pay ShaQuita and Guadalupe to run their baby factories, they spend on things with no potential ROi.
The Kenyan was the first President to spend more on welfare than on defense...haha...go figure huh.
Trump cuts taxes for America’s best and the treasury takes in record revenues...Weird huh?
You being the financial scholar you claim to be should have s better understanding of economics.
It was Trump's tax decrease, along with his business initiatives and reduced regulations that caused the economy to boom until China Joe's Chicom buddies decided to **** with us.
The economy will be a disaster under Joe Dufus just like it was under Obama/Dufus with increased poverty, decreased family income, dismal economic growth and tremendous debt and dismantling Trump's initiatives will be the main reason.
Democrats are the dumbest mutherfuckers on the planet. This greedy Socialism shit that they love so much is going to be a failure here just like it has been every place else.
The GOP at least increases tax revenue, and allow Americans to keep more of the money they earned....more over spend FAR less....how many trillion have the dems already spent and what are they getting read to pass?
When have the Dems ever cut spending? Are they doing that now?
Prior GOP admins have tried to cut spending, same with Congressional members...and offered to try to reform the largest drivers of debt...the entitlement programs....but get massive push back from the left and their propagandist
The GOP at least increases tax revenue, and allow Americans to keep more of the money they earned....more over spend FAR less....how many trillion have the dems already spent and what are they getting read to pass?
When have the Dems ever cut spending? Are they doing that now?
Prior GOP admins have tried to cut spending, same with Congressional members...and offered to try to reform the largest drivers of debt...the entitlement programs....but get massive push back from the left and their propagandist
Republicans spend on the military and on improving the quality of life for America’s best citizens. They spend on things with potential ROi.
Democrats spend / pay ShaQuita and Guadalupe to run their baby factories, they spend on things with no potential ROi.
The Kenyan was the first President to spend more on welfare than on defense...haha...go figure huh.
Trump cuts taxes for America’s best and the treasury takes in record revenues...Weird huh?
You being the financial scholar you claim to be should have s better understanding of economics.
The GOP at least increases tax revenue, and allow Americans to keep more of the money they earned....more over spend FAR less....how many trillion have the dems already spent and what are they getting read to pass?
When have the Dems ever cut spending? Are they doing that now?
Prior GOP admins have tried to cut spending, same with Congressional members...and offered to try to reform the largest drivers of debt...the entitlement programs....but get massive push back from the left and their propagandist
Hey look everybody, the parrots are parroting again. Rachel Maddow told them what to think..so they do.
You loons really need to do some due diligence before making complete asses of yourselves in public. Here’s some free enlightenment.
They don’t “GET” shit...they EARN what they get.
You begging Tards act as if there’s a predetermined amount of cash out there and the ultra wealthy somehow is hoarding it and keeping it away from you....NEWS FLASH....you have nothing to do with their wealth....they EARNED it.
Get off your lazy ******* ass and stop forcing our best, most productive to pay your way.
More free enlightenment below to help you to stop making a fool of yourself.
What else can I teach you?
The Internal Revenue Service (IRS) has released data on individual income taxes for tax year 2017, showing the number of taxpayers, adjusted gross income, and income tax shares by income percentiles.[1]
The data demonstrates that the U.S. individual income tax continues to be very progressive, borne primarily by the highest income earners.[2]
In 2017, 143.3 million taxpayers reported earning $10.9 trillion in adjusted gross income and paid $1.6 trillion in individual income taxes.
The share of reported income earned by the top 1 percent of taxpayers rose to 21 percent, from 19.7 percent in 2016. Their share of federal individual income taxes rose to 38.5 percent, from to 37.3 percent in 2016.
In 2017, the top 50 percent of all taxpayers paid 97 percent of all individual income taxes, while the bottom 50 percent paid the remaining 3 percent.
The top 1 percent paid a greater share of individual income taxes (38.5 percent) than the bottom 90 percent combined (29.9 percent).
The top 1 percent of taxpayers paid a 26.8 percent average individual income tax rate, which is more than six times higher than taxpayers in the bottom 50 percent (4.0 percent).
The GOP at least increases tax revenue, and allow Americans to keep more of the money they earned....more over spend FAR less....how many trillion have the dems already spent and what are they getting read to pass?
When have the Dems ever cut spending? Are they doing that now?
Prior GOP admins have tried to cut spending, same with Congressional members...and offered to try to reform the largest drivers of debt...the entitlement programs....but get massive push back from the left and their propagandist
hahaha....when do they ever try to pay for it in real time? How are they going to pay for the TRILLIONS they already spent? You think raising taxes on the working class and their employers is going to even put a dent in those spending bills and bailouts?
As the link, in the post you highlighted....the GOP did under Trump...their policies INCREASED TAX REVENUE
Republicans spend on the military and on improving the quality of life for America’s best citizens. They spend on things with potential ROi.
Democrats spend / pay ShaQuita and Guadalupe to run their baby factories, they spend on things with no potential ROi.
The Kenyan was the first President to spend more on welfare than on defense...haha...go figure huh.
Trump cuts taxes for America’s best and the treasury takes in record revenues...Weird huh?
You being the financial scholar you claim to be should have s better understanding of economics.
Republicans spend on the military and on improving the quality of life for America’s best citizens. They spend on things with potential ROi.
Democrats spend / pay ShaQuita and Guadalupe to run their baby factories, they spend on things with no potential ROi.
The Kenyan was the first President to spend more on welfare than on defense...haha...go figure huh.
Trump cuts taxes for America’s best and the treasury takes in record revenues...Weird huh?
You being the financial scholar you claim to be should have s better understanding of economics.
The GOP at least increases tax revenue, and allow Americans to keep more of the money they earned....more over spend FAR less....how many trillion have the dems already spent and what are they getting read to pass?
When have the Dems ever cut spending? Are they doing that now?
Prior GOP admins have tried to cut spending, same with Congressional members...and offered to try to reform the largest drivers of debt...the entitlement programs....but get massive push back from the left and their propagandist
haha yea very true. They are cutting the spending of Americans,...less money, less money to spend....they of course think they know how to spend your money better then you do
The GOP at least increases tax revenue, and allow Americans to keep more of the money they earned....more over spend FAR less....how many trillion have the dems already spent and what are they getting read to pass?
When have the Dems ever cut spending? Are they doing that now?
Prior GOP admins have tried to cut spending, same with Congressional members...and offered to try to reform the largest drivers of debt...the entitlement programs....but get massive push back from the left and their propagandist
hahaha....when do they ever try to pay for it in real time? How are they going to pay for the TRILLIONS they already spent? You think raising taxes on the working class and their employers is going to even put a dent in those spending bills and bailouts?
As the link, in the post you highlighted....the GOP did under Trump...their policies INCREASED TAX REVENUE