Wealthy gain, low-income people lose from GOP megabill, analysis finds

[Crepitus]

The report by the nonpartisan Congressional Budget Office is already fueling Democratic accusations that the legislation is a giveaway to the rich.

I do not believe this comes as a surprise to thinking people, though the trump folks will poo-hoo it and claim the CBO is biased against them.

But I do not know what other possible outcomes could result from cutting food and medical aid while giving tax breaks to folks who are already wealthy.

If this passes we will have more folks who voted for the "leopards eating faces party" shocked that their face got eaten.

 

[BluesLegend]

The CBO that's your source?

 

[BluesLegend]

It's difficult to receive a tax cut when you are a moocher loser who doesn't pay any taxes.

 

[BluesLegend]

The bill will finally put a stop to people SCAMMING Medicaid and SNAP. Freeing up money for both savings and expanded benefits for those who actually qualify. Naturally Dems are against putting a stop to corruption and fraud.

 

[Moonglow]

The report by the nonpartisan Congressional Budget Office is already fueling Democratic accusations that the legislation is a giveaway to the rich.

I do not believe this comes as a surprise to thinking people, though the trump folks will poo-hoo it and claim the CBO is biased against them.

But I do not know what other possible outcomes could result from cutting food and medical aid while giving tax breaks to folks who are already wealthy.

If this passes we will have more folks who voted for the "leopards eating faces party" shocked that their face got eaten.

Nothing new then.

 

[martybegan]

The report by the nonpartisan Congressional Budget Office is already fueling Democratic accusations that the legislation is a giveaway to the rich.

I do not believe this comes as a surprise to thinking people, though the trump folks will poo-hoo it and claim the CBO is biased against them.

But I do not know what other possible outcomes could result from cutting food and medical aid while giving tax breaks to folks who are already wealthy.

If this passes we will have more folks who voted for the "leopards eating faces party" shocked that their face got eaten.

And back to the usual class warfare.

Raising the standard deduction helps lower income people.

 

[odanny]

If anyone finds any of this surprising, it's probably too late for you to ever truly grasp what is happening in this country.

 

[Moonglow]

It's difficult to receive a tax cut when you are a moocher loser who doesn't pay any taxes.

I dream of being that moocher.

 

[Mac-7]

The CBO that's your source?

The partisan democrat big government CBO

 

[WelfareQueen]

The report by the nonpartisan Congressional Budget Office is already fueling Democratic accusations that the legislation is a giveaway to the rich.

I do not believe this comes as a surprise to thinking people, though the trump folks will poo-hoo it and claim the CBO is biased against them.

But I do not know what other possible outcomes could result from cutting food and medical aid while giving tax breaks to folks who are already wealthy.

If this passes we will have more folks who voted for the "leopards eating faces party" shocked that their face got eaten.

90% of Taxpayer will get a tax cut. The people who pay the most tax get more back. Even a Dim can understand this. More bullshit and lies.

 

[John Edgar Slow Horses]

The poor lose the most. Yes, we all know that.

 

[Foxfyre]

90% of Taxpayer will get a tax cut. The people who pay the most tax get more back. Even a Dim can understand this. More bullshit and lies.

The intellectually dishonest seem incapable of understanding that 1% of a million dollars is $10,000.

5% of $100,000 is $5,000

10% of $10,000 is $1,000

20% of $1,000 is $200

Even though they receive a much larger percentage of tax relief, those paying smaller amounts in taxes will see fewer total dollars in their bank accounts than those paying huge amounts in taxes, but that is not benefitting only the rich.

The guy getting the 1% cut still pays $990,000 in taxes.
The guy getting 5% still pays $95,000 in taxes
The guy getting 10% still pays $9,000 in taxes
The guy getting 20% still pays $800 in taxes

But the benefit to the less wealthy will mean far more to them than what will be felt by the wealthy.

And it is pretty much the wealthy who make it possible for the less wealthy to have incomes. And having more disposable income allows the wealthy to expand their businesses, hire more people, give better salaries and benefits. I would guess none of us have ever been given a good job by a poor man.

They think that means that tax reform benefits only the rich?

 

[John Edgar Slow Horses]

So MAGA likes regressive taxes.

 

[Lesh]

Trump is gaslighting his people and they seem oblivious

 

[C_Clayton_Jones]

I do not believe this comes as a surprise to thinking people, though the trump folks will poo-hoo it and claim the CBO is biased against them.

Republicans take pride in harming working Americans.

 

[SeaMajor7]

Trump is gaslighting his people and they seem oblivious

PROJECTION

 

[SeaMajor7]

Republicans take pride in harming working Americans.

Hey Lesh ^^^^ THAT'S GASLIGHTING. ^^^^

 

[Foxfyre]

So MAGA likes regressive taxes.

See my Post #12 and tell me how that is promoting regressive taxes.

And tell me what rich people are getting tips, getting paid for overtime, or care whether their social security is taxed?

 

[John Edgar Slow Horses]

Republicans take pride in harming working Americans.

They do not want to have to follow the law.

We are going to have put some ICE people in jail until the get they have to follow the law.

 

[Crepitus]

Nothing new then.

Pretty much, yeah.