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Trump: Tax Cuts For Middle Class, 15% Corporate Rate, Possibly Higher Rates On Rich
Hidden Americans ^ | 09/13/2017 | Richard Saunders

Posted on 09/13/2017 1:54:15 PM PDT by nodwam

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To: stylin19a

They totally have bearing on your claim that the “Middle class is very narrow.” You used quintile average federal income tax paid to make it look like there are just a few people between those who pay no income tax at all and those who pay a whole lot of income tax.

What I didn’t point out then, but I will offer further here is that the top quintile number is itself misleading, because it averages the dollars from those who pay a huge amount with those who pay substantially less (e.g., are in just the 80 to 90 or 95% range).

And, yes, those numbers do have bearing on the correct view that the middle class is particularly tax burdened—which is why they are most likely to get relief in the individual cuts.


81 posted on 09/13/2017 4:20:25 PM PDT by 9YearLurker
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To: nodwam

Levin claims the “rich” threshold Trump is speaking of is about $250 to $300K. Any truth in that?

If so, to hell with Trump as well.


82 posted on 09/13/2017 4:25:04 PM PDT by Sequoyah101 (It feels like we have exchanged our dreams for survival. We just have a few days that don't suck.)
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To: nodwam

That’s easier than cutting spending and the size of government........


83 posted on 09/13/2017 4:28:10 PM PDT by Uncle Sam 911
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To: nodwam

How much will Trump supporters here take before it dawns on them what is going on?


84 posted on 09/13/2017 4:29:13 PM PDT by Uncle Sam 911
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To: Mr. Jeeves

Every small business I ever worked for was incorporated. And if Joe is making over 250K annual net profit on his flower stand and he’s not incorporated he should be. Incorporation protects your private assets from lawsuits against your business.


85 posted on 09/13/2017 4:39:19 PM PDT by Hugin (Conservatism without Nationalism is a fraud.)
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To: july4thfreedomfoundation

“And Reagan did it with a democrat-controlled House!”

In Reagan’s time, Democrats were Democrats. Now, they’re Socialists and Communists. A whole ‘nother breed.


86 posted on 09/13/2017 4:42:57 PM PDT by MayflowerMadam
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To: 9YearLurker

FreeRegards.


87 posted on 09/13/2017 5:04:20 PM PDT by stylin19a (Lynch & Clinton - Snakes on a Plane)
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To: Jonny7797
Punishing success just like the democrats.
88 posted on 09/13/2017 5:10:44 PM PDT by dandiegirl (BO)
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To: mad_as_he$$

.
>> “Other FReepers have assured me that September 25, 2017 it all ends, except for the righteous.” <<

Which is total nonsense to anyone who reads Yehova’s word.

No “Anti-christ,” no trib, no falling away. Just doesn’t even come close.

Paul plainly said that those things must first come.
.


89 posted on 09/13/2017 5:39:38 PM PDT by editor-surveyor (Freepers: Not as smart as I'd hoped they'd be)
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To: central_va

.
The “rich” for taxation purposes are all who have disposable income.

That is who they mean, you and me.

The truly rich pay no taxes, they make the rules. Congress follows those rules.
.


90 posted on 09/13/2017 5:43:23 PM PDT by editor-surveyor (Freepers: Not as smart as I'd hoped they'd be)
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To: Mr. K

hell yes!


91 posted on 09/13/2017 10:31:36 PM PDT by nodwam
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To: Jonny7797
Not to mention sales tax, property tax, gas tax, this tax, and that tax.....

https://www.youtube.com/watch?v=8NVex4qmuws

92 posted on 09/14/2017 6:48:02 AM PDT by Osage Orange (Watch your six.)
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To: buckalfa
He is pragmatic and seems addicted to the deal plus wanting to rub the noses of McConnell and Ryan in their own excrement.

Totally good with that...........

Actually very DAMN GOOD with that!!!

93 posted on 09/14/2017 6:59:44 AM PDT by Osage Orange (Watch your six.)
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