In 2016, corporations paid about 300 billion in corporate taxes , individual tax payers paid 1.6 TRILLION in income tax and 1.1 TRILLION in FICA and Medicaid. The Government made about 900 billion in excise taxes, total tax receipts about 3.3 trillion. Anybody who doesn't understand that corporate taxes are the SMALLEST portion of Federal Tax Revenues doesn't really have the facts necessary to weigh in on what these degenerate scumbags are up to. Exactly. You hit the nail on the proverbial head.
Did you see Orrin Hatch freak out with anger and feigned hurt during the Senate final markup of the tax screw job bill?
He definitely over reacted. He made Sen Brown (D-OH) look like the reasonable one. All Brown basically did was point out that the tax cuts are not for the middle class.
http://www.cnn.com/videos/politics/2017/11/17/senator-hatch-brown-tax-bill-reform-shouting-sot-ctn.cnn
Why did Hatch freak out?
Because he got called out - publicly, with a lot of reporters around, that's why.
Also, not sure if any of you have seen the remark regarding Sen Collins. Now, I am not normally a Sen Susan Collins fan, but she sure did ruffle the feathers of the corporate donors, K Street Lobbyists, the National Review spinners for the GOPe, and the Goldman Sachs vermin who wormed their way into the White House:
http://www.nationalreview.com/corner/453901/susan-collins-tax-demands
She dared to suggest that the corporations take a measly 2% less of their massive tax cut, so it would be slashed to 22% instead of 20%.
“I also think the reduction in the business tax rate is too steep, and that we could go to 22 percent, and then use that money, which is about $200 billion, to restore the tax deduction for state and local property taxes. That would really help middle-income taxpayers.”
Horror of horrors! The middle class would not get soaked as much with this TAX INCREASE - but no - how awful that Facebook, Apple, and Google might not get the full 15% of their tax cut from 35% to 20%!
Mark Zuckerberg is very sad and concerned.
Set corporate at 25%, leave SALT deductions alone, raise the standard deduction to $24,000 per person, make it all retroactive by one year, and adjust brackets as necessary to make the math work.
The people writing this tax bill are lying Goldman Sachs oligarchs Banksters, the same scumbags that were “too big to fail” and got the taxpayers to bail them out back in 2008 that now want a huge tax cut for corporations and want the upper middle class to pay for it.
CUT SPENDING
DO NOT RAISE TAXES ON THE MIDDLE CLASS
This bill raises taxes on a family of four in ANY State, whether they have a State Income tax or not.
Banksters Mnuchin and Gary Cohn from Goldman Sachs are writing the tax bill.
This is an attempt at the biggest heist in history.
“Mnuchin is a member of the “Big Six”, a group of politicians convened to write a tax reform proposal that incorporated input from members of the House of Representatives, Senate, and White House. In addition to Mnuchin, the group consists of Senators Orrin Hatch (R-UT) and Mitch McConnell (R-KY); Representatives Kevin Brady (R-TX) and Paul Ryan (R-WI); and National Economic Council Director Gary Cohn”.
Do you trust these 2 creepy scumbags or believe a goddamned word they say?
