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mahatmakanejeeves

(57,425 posts)
Mon Oct 23, 2017, 11:26 AM Oct 2017

What would your family do w/ a $4,000 raise from the President's tax cut plan?

As it shouldn't take too long to figure out, https://twitter.com/GenJohnFKelly is a parody account.

Retweeted by RogueAltGov: https://twitter.com/RogueAltGov

What would your family do w/ a $4,000 raise from the President’s tax cut plan? REPLY & I’ll share your family’s story in the press briefing



Build a bomb shelter.


12 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
What would your family do w/ a $4,000 raise from the President's tax cut plan? (Original Post) mahatmakanejeeves Oct 2017 OP
Probably the same thing I did when I got my $300 "relief" check from Bush Lite some 15 years ago DFW Oct 2017 #1
This is a phantom raise louis c Oct 2017 #2
The same MFM008 Oct 2017 #3
Oh, there will be a real tax cut -- at a real cost MosheFeingold Oct 2017 #4
K&R... spanone Oct 2017 #5
I'd buy Boardwalk and Park Place and put hotels on both of 'em! Atticus Oct 2017 #6
Set it aside for funeral costs since government won't be there for me to keep me alive Tom Rinaldo Oct 2017 #7
Build a new stable for my unicorn. dawg Oct 2017 #8
I'll take it burnbaby Oct 2017 #9
Average huh? Corgigal Oct 2017 #10
I'm curious.... middle class? mitch96 Oct 2017 #11
I'm self employed and would lose deductions so I would pay a lot more in taxes. chowder66 Oct 2017 #12

DFW

(54,370 posts)
1. Probably the same thing I did when I got my $300 "relief" check from Bush Lite some 15 years ago
Mon Oct 23, 2017, 11:39 AM
Oct 2017

Endorse it "Pay to the order of the Democratic National Committee" and send it on to DC.

 

louis c

(8,652 posts)
2. This is a phantom raise
Mon Oct 23, 2017, 11:46 AM
Oct 2017

It is not in the tax plan.

Some phony-boloney slight of hand bull shit that gives an actual tax cut of billions to corporations and individuals in the top 10% is supposed to trickle down to workers as some sort of "out of the goodness of our hearts" pay increase to the tune of $4,000 a year, over time.

Somebody should ask that lying sack of shit Sarah Huckabee to show you in the fucking tax plan where those cuts are for the middle class, and whether or not deductions for state and local taxes will be eliminated. If that's the case, a majority of the middle class will be paying more in taxes than they do now.

It's a fucking shell game.

MosheFeingold

(3,051 posts)
4. Oh, there will be a real tax cut -- at a real cost
Mon Oct 23, 2017, 11:51 AM
Oct 2017

People will, indeed, get a substantial tax cut (assuming things are done as said -- a large assumption).

It will probably be wildly popular.

But it will simply be replaced by deficit spending (i.e., the government printing money to pay its bills).

Printing money is inflationary, and harms people who saved cash and fixed incomes.

Printing money (deficit spending) is essentially a flat tax on cash savers and fixed incomes, paid in the form of inflation.

The only Republican honest enough to point this out was Rand Paul, who, despite his many, many flaws, is a cheap bastard and sick of the shell game.

Atticus

(15,124 posts)
6. I'd buy Boardwalk and Park Place and put hotels on both of 'em!
Mon Oct 23, 2017, 11:59 AM
Oct 2017

I mean, we ARE talking pretend money, right?

Tom Rinaldo

(22,912 posts)
7. Set it aside for funeral costs since government won't be there for me to keep me alive
Mon Oct 23, 2017, 12:10 PM
Oct 2017

I hate how Republicans act like tax cuts are free money that come without any costs. The programs they plan to cut make much more of a positive difference in my life than anything I can buy with $4,000 - as if my household would pocket anything remotely like that - we won't.

Wait until that family getting that $4,000 has to put someone in nursing care long term - see how far they get with a few thousand after Medicaid and Medicare get slashed.

Corgigal

(9,291 posts)
10. Average huh?
Mon Oct 23, 2017, 12:20 PM
Oct 2017

Over 300 plus million people ( families) so most get 4.85 cents and hopefully a scholarship to a elementary private school. Civilization ain't free, and they want to roll it back and move to Switzerland.

mitch96

(13,895 posts)
11. I'm curious.... middle class?
Mon Oct 23, 2017, 12:33 PM
Oct 2017

At what income level do these rich politicians consider a person to be "middle class"??
I just want to know if I'm in the club or not...
m

chowder66

(9,067 posts)
12. I'm self employed and would lose deductions so I would pay a lot more in taxes.
Mon Oct 23, 2017, 01:06 PM
Oct 2017

I would save that money to pay a portion of my taxes and have to save a lot more to cover the remaining taxes than I do now and it's tough. In the end I'll be getting less of my income.

It's going to hurt the self employed. The company I work for doesn't have employees, just contracted self employed people. I know a lot of people in this boat.

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