Well what you "THINK" is irrelevant. Prove to me my math is bad since all I've done is take the following information and added and subtracted!
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Well dummies like you think that corporations, wealthy people are BAD for America!
But you can't face the truth that all these evil corporations and wealthy people make it possible for you do to do what probably are doing now. Sitting down chicken dinner that YOU DID NOTHING to produce, i.e. did you grow th chicken that you ate? NOPE but I'm old enough to be very very thankful for KCF because when I was young WE grew our own chickens that I fed, mom cooked and we enjoyed. BUT it took our time. Today you did nothing to produce that chicken!
Zero! Thanks to corporations and businesses you maybe getting SS and medicare. But were you aware that your employer, all employers with who you have so much disdain PAY 6.2% that matches your SS/Medicare payments. You have no idea that without these companies and businesses paying that 6.2% you'd never get enough on your own!
So what this has to do with Trump is dummies like YOU want to TAX MORE thinking that will help you but Trump proved by the massive tax payments that came in from Reparations of the $1 trillion offshore, that came in from reducing capital gains tax, increased investments which increased businesses which hired more people which paid more taxes ... but really economically challenged people like you have NO IDEA!
The Numbers Are In: Trump’s Tax Cuts Paid Off
The government now expects to bring in more tax revenue in the decade following the 2017 “Trump tax cuts” than it had projected prior to the passage of tax reform.
The corporate tax reform propelled higher income growth and therefore higher income taxes and payroll taxes.
What about the corporate tax cuts? Surely cutting the corporate tax rate from 35% to 21% must have dramatically reduced corporate tax revenue?
Not according to the government budget numbers.
According to economists Tyler Goodspeed and Kevin Hassett, after the 2017 tax cuts, business investment soared 9.4% compared to the pre-tax cuts trend. For corporations, real investment rose 14.2%. Similarly, a 2021
Real median household incomes grew by more than $5,000 in 2018 and 2019 alone. By contrast, in the 30 years prior to 2017, real median household income grew by a total of $7,600, or about $250 per year.
The Congressional Budget Office’s May 2022 forecast shows that the government now expects to bring in more tax revenue in the decade following the 2017 “Trump tax cuts” than it had projected prior to the December 2017 passage of tax reform.
www.heritage.org
