The Obamacare effect and the debt.

You missed my point. Most people answering polls don't give it more than three seconds thought.

 

No need to wait that long, their already trying to make Diaper Donnie tax cuts for the rich permanent and this

Apr 2, 2023 — The Death Tax Repeal Act


U.S. Senator Tim Scott Joins 41 Republican Senators on Permanent Repeal of the Death Tax

https://goldrushcam.com/sierrasunti...senators-on-permanent-repeal-of-the-death-tax

$1.8 trillion lost over 10 years, real fiscally conservative of them

I didn't know dead people paid taxes, always thought it was those that inherited money.

 

Yes 'both sides' want to gut revenues as they complain about debt

BTW, Clinton (93 omnibus bill that cost him the '94 House) and Obama (Obamacares cost him the House and he lost some seats in the Senate) stood up for their beliefs, even if short term pain. We'll see how Biden does

 

True, we used to have common 'facts' thanks to a majority watching nightly news which came from 3 networks.

We even used to have shared "experiences" via TV (Mash, Seinfeld, Etc). Today, not so much

You can choose your "entertainment" be it the "network" that augues in court it has a first amendment right too lie (same network that said no one should take their top rated guy 'stating actual facts' about the topics he discusses and is instead engaging in 'exaggeration' and 'non-literal commentary.' " or Twitter, lol

There are many reason's, but Ronnie Reagan getting caught in so many fibs and just being thought of as "old" allowed Druggie Limpballs to create a new lying echo chamber, which led to Diaper Donnie, who can be found on both sides of every single issue!

 

Per chance do you have this confused with the Trump tax cuts that benefited low and middle income people far more than high income earners?

Since the government gets about $9 billion a year from the estate tax, getting to $1.8 trillion in 10 years is a stupendous miraculous feat!

 

You sure about that or mean the ones set to sunset, you know on the working man?




In 2021, 2,584 taxable estates paid over $18.4 billion in taxes—roughly $7.1 million each on average.

SORRY I THINK YOU WERE CORRECT, IT SHOULD'VE BEEN $180 BILLION PROJECTED LOSS OVER 10 YEARS

 

You don't have to conjure up fancy graphs. All you have to do is read the simple table of before and after tax rates, then throw in the greatly enhanced child tax credits and the greatly enhanced standard deduction among other things.

 

I get it, why debate how large of a tax cut (revenue lost) the richest of the rich got when you can point to a small amount going to the working poor

Who benefited most from the Tax Cuts and Jobs Act?

Middle-class Americans saw mixed results as most of the benefits accrued to the highest earners.

Key takeaways

• 
  
  
  • High-income individuals were the most likely to see tax savings, while low-income and middle-class families saw mixed results.
  • 88.2% of taxpayers claimed the standard deduction in 2018.
  • The higher standard deduction wasn’t enough to offset the loss of personal exemptions for some families.
  • Businesses appear to have saved the most from the Trump tax cuts; corporate income tax collected by the IRS decreased by 22.4% from 2017 to 2018.

Low-income working families saw the least benefit
Low-income individuals saw the least benefit, likely because changes to the tax rates were less pronounced at low income levels. The lowest income tax rate (10%) did not change, even though all of the other rates went down.

Surprise tax bills for some middle-class families


https://www.policygenius.com/taxes/who-benefited-most-from-the-tax-cuts-and-jobs-act/

 

DEC 19, 2019

The TCJA 2 Years Later: Corporations, Not Workers, Are the Big Winners
The massive corporate tax cut is costing more than expected and not trickling down to workers
https://www.americanprogress.org/article/tcja-2-years-later-corporations-not-workers-big-winners/

 

So, you prefer not to look at the tax tables. I'm not surprised.

 

Newsflash -- Corporations are not rich people.

 

exactly, universal health care would be cheaper than we pay today, and employers could hire employees without having to worry about the added cost of healthcare, thus more jobs

 

Sure, sure.

Over 50% of all capital gains and dividends every year go to 1/10th of 1% of US.

Bottom 50% of US get a total of 10.2% of the income pie in 2020, down from about 18% in 1980.

 

I could care less about marginal rates, I care effective rates and who benefits. YOUR posit that the bottom benefited the most is shown to be BS

 

republican said corporations are people too

some are rich greedy people

 

You better double check when you think AOC has said something, there is twitter parody account of her.

AOC INADVERTENTLY ADMITS YOU CAN’T DISTINGUISH HER OWN WRITING FROM A PARODY ACCOUNT: AOC upset over parody press account cracking up conservative social media.

Alexandria Ocasio-Cortez Press Release (parody)
@AOCpress

'If we tax citizens at a rate of 80%, we'd easily be able to pay 3 trillion dollars in reparations to transgenders.'

And, if we tax them another 20% on top of that, we should be able to swing the Green New Deal, too!