What right wing nitwits haven't yet figured out, is that an economy is like an aircraft carrier that cannot change direction like one would do to a bicycle's handlebars.........
The first year (and even the second) of an administration is really an extension of the PREVIOUS administration......the good and the bad inherited.
Trump was extremely lucky to have inherited a strong and growing economy from the last years of the Obama administration........as Obama was very "unlucky" to have had to shoulder the disasters of GWB's last two years of his administration.
To deny this is just partisanship or willful ignorance.
Obama made tons of mistakes during his 2 terms.....yet, smarter Americans should realize what our economy would be like today if an inept and self-centered Trump would have directly followed the GWB years.
Tax breaks for the rich is all that they accomplished.
/----/ If not for your worn out slogans, what would you Libs have to post?
A closer look at who does (and doesn’t) pay U.S. income tax
A Pew Research Center analysis of IRS data from 2015, the most recent available, shows that taxpayers with incomes of $200,000 or more paid well over half (58.8%) of federal income taxes, though they accounted for only 4.5% of all returns filed (6.8% of all taxable returns).
By contrast, taxpayers with incomes below $30,000 filed nearly 44% of all returns but paid just 1.4% of all federal income tax – in fact, two-thirds of the nearly 66 million returns filed by people in that lowest income tier owed no tax at all. (The IRS tax data used here are estimates based on a stratified probability sample of all returns.)
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