No. Millionaires Don't Get A Tax Cut In Bidens Build Back Better Plan

skews13

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Mar 18, 2017
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Oops. The original calculation from the JCT was that BBB would cut average taxes for incomes over $1 million by 1.7%. The new calculations say that those making more than $1 million would pay 3.2% more in taxes in the first year, 2022, and even more in subsequent years—4.1 percentage points in 2023 and 3.3 percentage points in 2025. So no, millionaires are not getting a tax cut with this plan, as Republicans would have you believe.


Somebody has to debunk the bull shit on this site. And there's plenty of it.
 
Oops. The original calculation from the JCT was that BBB would cut average taxes for incomes over $1 million by 1.7%. The new calculations say that those making more than $1 million would pay 3.2% more in taxes in the first year, 2022, and even more in subsequent years—4.1 percentage points in 2023 and 3.3 percentage points in 2025. So no, millionaires are not getting a tax cut with this plan, as Republicans would have you believe.


Somebody has to debunk the bull shit on this site. And there's plenty of it.
The Daily Kooks again? Don’t you get tired of getting laughed at? Eliminating the SALT cap Trump put in is a tax break for the rich. “New” calculations. Read: trying to hide the tax cuts for the rich.
 
The new calculations say that those making more than $1 million would pay 3.2% more in taxes in the first year, 2022, and even more in subsequent years—4.1 percentage points in 2023 and 3.3 percentage points in 2025. So no, millionaires are not getting a tax cut with this plan, as Republicans would have you believe.

That is excellent news!!!!

But why not charge millionaires even more by leaving the SALT cap at $10,000?
 
Oops. The original calculation from the JCT was that BBB would cut average taxes for incomes over $1 million by 1.7%. The new calculations say that those making more than $1 million would pay 3.2% more in taxes in the first year, 2022, and even more in subsequent years—4.1 percentage points in 2023 and 3.3 percentage points in 2025. So no, millionaires are not getting a tax cut with this plan, as Republicans would have you believe.


Somebody has to debunk the bull shit on this site. And there's plenty of it.
So he’s taxing everyone up the ass. What great news.
 
Oops. The original calculation from the JCT was that BBB would cut average taxes for incomes over $1 million by 1.7%. The new calculations say that those making more than $1 million would pay 3.2% more in taxes in the first year, 2022, and even more in subsequent years—4.1 percentage points in 2023 and 3.3 percentage points in 2025. So no, millionaires are not getting a tax cut with this plan, as Republicans would have you believe.


Why you hating on my money

Somebody has to debunk the bull shit on this site. And there's plenty of it.
 

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