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10% Tax Cut For The Middle Class


Thurmal34

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When the term "middle class" was coined it represented those making upwards of today's equivalent of about $250k a year.

 

 

They weren't wealthy, but they also certainly weren't considered working class; hence:  "middle class".

 

I assume, however, that isn't the group you're talking about.

 

Please define the term.

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5 hours ago, Thurmal34 said:

 

That's Dear Leader's job. He promised it. Wondering if it's going to happen.

 

It's your job, as the question posed was yours; and it's impossible to answer unless you're  specific about who you're talking about.

 

This shouldn't be hard.  

 

Define "middle class".

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He said the vote would happen after the mid terms. Of course no one knew about it but that’s his style. 

 

I have no problem with more cuts but this is looking a lot like Bush economics. Cut the tax revenue and not the spending. 

 

With the divided Congress, he ain’t getting that done. 

 

The Rs had their window for fiscal responsibility and blew it again. The Ds are not about to help. 

Edited by BeginnersMind
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The enacted tax cuts resulted in a substantial reduction in my estimated tax. I hired another employee.  There is a noticeable increase in new construction, employment and overall confidence in the economy in my little slice of the world.  Word on the street is that there are a ton of basement remodels going on, so there is something literally for everyone, even the Sanders supporters. 

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2 minutes ago, leh-nerd skin-erd said:

The enacted tax cuts resulted in a substantial reduction in my estimated tax. I hired another employee.  There is a noticeable increase in new construction, employment and overall confidence in the economy in my little slice of the world.  Word on the street is that there are a ton of basement remodels going on, so there is something literally for everyone, even the Sanders supporters. 

 

Basement remodels??  You mean Tib's mom put up new curtains for him?

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10 minutes ago, BeginnersMind said:

He said the vote would happen after the mid terms. Of course no one knew about it but that’s his style. 

 

I have no problem with more cuts but this is looking a lot like Bush economics. Cut the tax revenue and not the spending. 

 

With the divided Congress, he ain’t getting that done. 

 

The Rs had their window for fiscal responsibility and blew it again. The Ds are not about to help. 

This system will never work.  We should communize.

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4 minutes ago, Chef Jim said:

 

Basement remodels??  You mean Tib's mom put up new curtains for him?

I try not to get too personal in these posts, but yes.  She even used the full length version to give the appearance of a room above-grade.  She saw  it on "Flipping the Basement" and told him it "gave texture and customized the space". 

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36 minutes ago, BeginnersMind said:

He said the vote would happen after the mid terms. Of course no one knew about it but that’s his style. 

 

I have no problem with more cuts but this is looking a lot like Bush economics. Cut the tax revenue and not the spending. 

 

With the divided Congress, he ain’t getting that done. 

 

The Rs had their window for fiscal responsibility and blew it again. The Ds are not about to help. 

 

The GOP doesn’t care about fiscal responsibility anymore.... 

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  • 3 years later...
On 11/17/2018 at 1:05 AM, Thurmal34 said:

Prez promised. Is it happening?


No - Trump over promised and under delivered but he did manage to prioritize his friends and screw the middle class as usual… but “he’s the best POTUS ever.”

 

But wait - be sure to vote for the same GQP that is already promising a tax increase on the middle class.

 

Idiots 

 

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‘You people’ crack me up! Everyone loves to take pot shots at everyone else’s tax rates so long as they aren’t in that bracket. In a nutshell….for those who missed it, or were still in junior high,   Obama raised the tax rate on the uppermost wage earners on the premise that it was all for the cause during the Great Recession. The Trump tax cut brought the rate right back down again when the Recession was over. How is this difficult to understand? 

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1 hour ago, SoCal Deek said:

‘You people’ crack me up! Everyone loves to take pot shots at everyone else’s tax rates so long as they aren’t in that bracket. In a nutshell….for those who missed it, or were still in junior high,   Obama raised the tax rate on the uppermost wage earners on the premise that it was all for the cause during the Great Recession. The Trump tax cut brought the rate right back down again when the Recession was over. How is this difficult to understand? 

YEAH BUT….

WHAT I MEAN IS….

WHAT HE DID WAS….

OBAMA IMAGINED SO MANY JOBS HE HAD TO….

TRUMP….?! 

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20 hours ago, BillStime said:


No - Trump over promised and under delivered but he did manage to prioritize his friends and screw the middle class as usual… but “he’s the best POTUS ever.”

 

But wait - be sure to vote for the same GQP that is already promising a tax increase on the middle class.

 

Idiots 

 

Are you suggesting we should tax and spend more like Europe?

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18 hours ago, SoCal Deek said:

‘You people’ crack me up! Everyone loves to take pot shots at everyone else’s tax rates so long as they aren’t in that bracket. In a nutshell….for those who missed it, or were still in junior high,   Obama raised the tax rate on the uppermost wage earners on the premise that it was all for the cause during the Great Recession. The Trump tax cut brought the rate right back down again when the Recession was over. How is this difficult to understand? 


People don’t realize that Trump gave a huge tax break lower income people by doubling of the standard deduction.  But Orange Man Bad so they just assume he only gave tax breaks to the rich. 

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11 minutes ago, Chef Jim said:

People don’t realize that Trump gave a huge tax break lower income people by doubling of the standard deduction.  But Orange Man Bad so they just assume he only gave tax breaks to the rich

 

Libs are more vocal when it comes to stuff like that.  So it tends to drown out the facts.

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1 hour ago, unbillievable said:

Most people identify as "fiscally conservative, but socially liberal."

 

That just means you want free stuff.

 

 

Why do you think most people define themselves that way? Answer…because it’s the very essence of America. Stop spending my money! And, leave the adults alone to make their own decisions. In a nutshell.

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  • 1 year later...

In an attempt to go after the wealthy, Democrats idiotically created the GRAT tax loophole, which turned out to be a three  

decade boon for billionaires. 

 

 

 

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20 minutes ago, US Egg said:

In an attempt to go after the wealthy, Democrats idiotically created the GRAT tax loophole, which turned out to be a three  

decade boon for billionaires. 

 

 

 

 

 

Egg, I would argue with the "idiotically"

 

They knew what they were doing.

 

 

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