Trump promises to end taxation of overtime pay: 'Your overtime hours will be tax-free'

[Frankenstein]

Did you see what the other Republican said. No more time and a half. Just tax free. Deal?

Yes and I disagree

 

[Frankenstein]

What are the cuts?...be specific.

Well first and foremost they would have to do something constructive work wise to receive help

 

[sealybobo]

Yes and I disagree

I'd rather get the double time. They aren't taxed that high.

 

[otto105]

That's the true purpose of government: To provide us with our wants and needs.

Governments responsibility is to create the lanes of travel for all people to use to fulfil their wants and needs..

 

[Foxfyre]

Hilarious fox since Fat Elvis' tax bill wasn't evened passed until 2018.

And it does answer the question.

Are you another that needs remedial reading comprehension?

President Trump signed the Tax Cuts and Jobs Act of 2017 (TCJA) into law on December 22, 2017. Most of the changes took effect on January 1, 2018

When Did Trump's Tax Cuts Take Effect? Tax Cuts and Jobs Act Explained

When did Trump’s tax cuts take effect, who benefited, and do corporate tax cuts create jobs? Read more about the impact of the Tax Cuts and Jobs Act of 2017.

marketrealist.com

And because that link goes to a dedicated hate anything Trump site, here is who actually benefitted most from those tax reforms.

IRS data proves Trump tax cuts benefited middle, working-class Americans most​

https://www.yahoo.com/news/irs-data-prove-trump-tax-130007569.html

And this one debunks the leftist myth that the deficit was due to reduced corporate taxes. Corporate taxes paid were sharply higher after the tax reforms because American businesses prospered so much more after the tax reforms:

Fact Check: Higher Corporate Tax Revenue After GOP Tax Reform Debunks Another Democrat Myth – Ways and Means

waysandmeans.house.gov

 

[dblack]

Governments responsibility is to create the lanes of travel for all people to use to fulfil their wants and needs..

Whatever. I'm voting for whoever pushes more benes my way.

 

[otto105]

Are you another that needs remedial reading comprehension?

President Trump signed the Tax Cuts and Jobs Act of 2017 (TCJA) into law on December 22, 2017. Most of the changes took effect on January 1, 2018

When Did Trump's Tax Cuts Take Effect? Tax Cuts and Jobs Act Explained

When did Trump’s tax cuts take effect, who benefited, and do corporate tax cuts create jobs? Read more about the impact of the Tax Cuts and Jobs Act of 2017.

marketrealist.com

And because that link goes to a dedicated hate anything Trump site, here is who actually benefitted most from those tax reforms.

IRS data proves Trump tax cuts benefited middle, working-class Americans most​

https://www.yahoo.com/news/irs-data-prove-trump-tax-130007569.html

So, where is the significant increase in revenue? The first line after the year is the revenue. Second is outlays.

 

[candycorn]

Well first and foremost they would have to do something constructive work wise to receive help

Huh? Receive help?

You said that Mara-Lard-Ass was going to cut spending to pay for this latest pledge of a tax cut.

I asked what he was going to cut from the budget and for you to be specific about it.

 

[Foxfyre]

So, where is the significant increase in revenue? The first line after the year is the revenue. Second is outlays.

View attachment 1011154

Every year revenues are higher though I don't know where you got those numbers.. So where are all the losses you claimed occurred?

 

[otto105]

Every year revenues are higher though I don't know where you got those numbers.. So where are all the losses you claimed occurred?

Those are BLS numbers. And losses are the outlays.

 

[Foxfyre]

Those are BLS numbers. And losses are the outlays.

Why is the BLS posting revenue numbers?

 

[otto105]

Why is the BLS posting revenue numbers?

Whoops, they're CBO numbers.

And they still don't show any significant increase in revenue.

 

[Foxfyre]

Whoops, they're CBO numbers.

And they still don't show any significant increase in revenue.

They damn sure don't show ANY decrease much less significant decrease in revenues even as most American citizens significantly prospered with the tax reforms. I wonder what you would define as significant?

 

[Arlette]

Loves the American worker, can't wait to see the commies try to tear down this idea!

Trump promises to end taxation of overtime pay: 'Your overtime hours will be tax-free'

Former President Trump promised Thursday to end the taxation of overtime pay as part of a series of measures to boost disposable income.

www.foxnews.com

Trumpy is promising flat chested women big racks. Trumpy is a con man. He's full of shit

 

[BluesLegend]

Trump promises to end taxation of overtime pay​

How long before Harris copies him?

 

[otto105]

They damn sure don't show ANY decrease much less significant decrease in revenues even as most American citizens significantly prospered with the tax reforms. I wonder what you would define as significant?

Dude, did you not post this in regard to Fat Elvis' tax law.

"His last massive tax cuts so spurred economic activity in a HEALTHY way and not an INFLATIONARY way that treasury revenues significantly increased."

I asked where you got you got your facts to support it.

 

[alang1216]

Loves the American worker, can't wait to see the commies try to tear down this idea!

Time to renegotiate my pay package. I'll work two hours/week and anything above that will be overtime. Of course one of those two hours would be a tip. Thanks, Mr. Trump.

 

[Foxfyre]

Dude, did you not post this in regard to Fat Elvis' tax law.

"His last massive tax cuts so spurred economic activity in a HEALTHY way and not an INFLATIONARY way that treasury revenues significantly increased."

I asked where you got you got your facts to support it.

Yes I did. And it is supported by the data from all credible sources. Perhaps you would care to answer my question of what you would consider to be a SIGNIFICANT increase if taxes were seriously reduced for most Americans and revenues continued to increase?

 

[otto105]

Yes I did. And it is supported by the data from all credible sources. Perhaps you would care to answer my question of what you would consider to be a SIGNIFICANT increase if taxes were seriously reduced for most Americans and revenues continued to increase?

You have the CBO numbers. Are you really trying to assert that an 0.005% increase in revenue is "a SIGNIFICANT" increase?

Revenue went from 3,316.2 (in billions) to 3,329.9 from 2017 to 2018. While increasing the deficit 4%

 

[j-mac]

Bah - I don't want to work overtime.

What is Trump going to do about car prices?!? Even a lowly Corvette is $70k. And a Porsche? Don't even think about it.

In your first post you couldn’t even get the topic right. He was talking about overtime…

Then, you come back talking about the price of a car, clearly wanting government intervention on your behalf, but won’t work extra to get your dream.

I say better keep driving that hoopdee then…the government owes you nothing, and neither do I