SmokeALib, post: 20552683
If everything is so bad under Trump, why is our middle-class household flourishing as it never has before?
I didn’t tell you everything is bad under Trumpo. I told you that the average wage, when adjusted for inflation for working Americans, has gone down, not up, over the past year.
If you don’t understand what ‘average’ means, I can’t help you.
Perhaps you finally got a raise only because Trumpo made your wealthy boss so happy with the huge tax cut he received at the expense of the US Treasury. Lucky you. Don’t expect much during the next downturn other than a layoff.
Your tax cut - damn, had to use the ‘average’ word again - may be about $800.
Average salary: $47,390
Current tax: $4,825
Tax under the Republican plan: $4,056
Percent tax cut: 15.9%
Here's what Trump's tax plan means for people at every income level from $20,000 to $269,000 a year
So if you bought an average of 30 gallons of gas a week you are now paying about $15 a week for that privilege for a total of $780 for a year. You actually get $20 bucks more to spend thanks to Trumpo’s massive tax cut for the wealthy and the piddlings he bequeathed to you.
Trumpo has really done nothing for his Trumporoids. (You know .. those white worker the economy left behind) The economy is booming but the average lower to middle class worker is either stagnant or losing ground when it comes to how much a paycheck will buy.
Stop suffering the grand illusion that everyone is now GREAT that the top snake oil salesmen in the land is selling you.
That’s all.