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To: Lenora Thompson

Why doesn’t the Don and Michael just spell it out to the American people: Joe’s repeal on day one on the Trump tax cut will mean an increase in your individual tax rate. Let’s say before Trump’s tax cut you were paying 21%. After Trump’s tax cut you pay 15%. A repeal would mean it would go back to the 21% rate. This would be an increase in taxes of 6%. Some people may not put the two and two together because they had Kommon Kore ejuumucashun.


38 posted on 10/07/2020 8:07:30 PM PDT by zaxtres
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To: zaxtres
Let’s say before Trump’s tax cut you were paying 21%. After Trump’s tax cut you pay 15%. A repeal would mean it would go back to the 21% rate. This would be an increase in taxes of 6%.

No, that's a 6 percentage point increase, which is a 40% increase: 21 is 140% of 15!

64 posted on 10/07/2020 8:39:18 PM PDT by ApplegateRanch (Love me, love my guns!)
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