healthmyths
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- Sep 19, 2011
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FACT: from this source :Who Really Pays Uncle Sam's Bills?
Now THIS is a FACT but again almost ALL the BIASED MSM which a majority of truly ignorant people believe hasn't told this truth.
In fact they LIED.
In 2019 the USA Federal tax REVENUE increased 1,200% because of what???? OH MY... Trump's tax cuts!!! that he got passed and went into affect on
the 2019 revenue stream! And part of the increased revenue (EVEN THOUGH GASP!!!! there were tax cuts) came from repatriation of over the years under
Trump of nearly $1 trillion which was taxed 15.5% on liquid assets and 8% on noncash assets that are treated as if the companies repatriated cash prior to 2018 What Is Tax Repatriation and How Does It Work?
But people don't seem to realize this was another UNIQUE thing that Trump did that no other president has done since the tax tables been published!
Now THIS is a FACT but again almost ALL the BIASED MSM which a majority of truly ignorant people believe hasn't told this truth.
In fact they LIED.
In 2019 the USA Federal tax REVENUE increased 1,200% because of what???? OH MY... Trump's tax cuts!!! that he got passed and went into affect on
the 2019 revenue stream! And part of the increased revenue (EVEN THOUGH GASP!!!! there were tax cuts) came from repatriation of over the years under
Trump of nearly $1 trillion which was taxed 15.5% on liquid assets and 8% on noncash assets that are treated as if the companies repatriated cash prior to 2018 What Is Tax Repatriation and How Does It Work?
But people don't seem to realize this was another UNIQUE thing that Trump did that no other president has done since the tax tables been published!