Sorry, Butt-a-bang, but there was no Trump tax cut for “very wealthiest,” you clueless fool.
There SHOULD have been such a tax cut.
The top 1%, i.e., the people who create most of the jobs, earn 19% of the country’s income but are paying 38% of the federal income taxes....they are paying twice their “fair share.”
Just yesterday I learned that one of the most onerous tax increases of 2017’s alleged “tax cut” was levied against non-profit organizations’ endowments, which the IRS classifies as “unrelated income”
Prior to the 2017 bill the rate was 15%
After the 2017 bill the rate became 21%
6/15 x 100 = a FORTY PERCENT tax increase.
Thank you, William “Bedsheets” Byrd and your d@mn “revenue neutrality.”