On Ryan's tax announcement . . . "We get a cup of coffee"

[fleur-de-lisa]

Link to tweet

[panader0]

1. I'm betting that even that $1284 is Bull.

Average person would lose more than that in other ways.

[trotsky]

9. Not even looking at what we lose...

"average" in this context is absolutely meaningless.

Let's say America was a nation of 10 people. One guy is rich and gets a $1,000,000 tax cut. Everyone else gets a $1 tax cut.

The AVERAGE tax cut everyone got in that scenario was $100,000! WOW!! What are you gonna do with your $100k?!?

[n2doc]

13. exactly

Or even worse, 1 person gets 1.1 million cut, a thousand get their taxes raised by 1,000. 'average' is still a cut for all 1001. Reality is a bit different.

[trotsky]

14. Yep that trickery too. Lies and the lying liars who tell them.

And Joe Sixpack not even wanting to understand, cuz 'MURICA.

[riversedge]

15. yes, his use of the word -average--is slippery. who is average? what income? etc

[unblock]

11. my guess is it's like this: out of 1,000 people, one saves $1,284,000, the rest get zip.

obviously i'm oversimplifying because we already know many of us ordinary people will end up paying *more*.

[el_bryanto]

3. Well yeah - i could use two cokes a day (as i don't drink coffee)

But the necessary cuts to other government programs will probably cost me more than $3 in the long run.

Also this is one situation where perhaps the median might give better data.

Bryant

[Faux pas]

4. Every time I see his

f-ing smug ass mug I want to slap the shit out of him...problem is, if I did, there'd be NOTHING left. (using the drums for rim shot lol

[Adrahil]

5. How did they calculate that?

even given it's a small sum, how did they calculate that?

If I have 10 people and give one of them 10 bucks and the other 9 get nothing, the "average" received would be $1.

[CrispyQ]

6. Who was the ass who said $1000 bucks would buy you a new car or remodel your kitchen?

That's not even a down payment on either of those things. These folks have no fucking clue.

[rsdsharp]

7. That was the "president's" principal economic advisor

Gary Cohn.

[Roland99]

8. Yeah. 1% gets big tax cuts. Rest of us nothing

There’s a HUGE difference between average and median!

[Wellstone ruled]

10. So the Koch Brothers,the Waltons,

and Sheldon Adelson as well as Steve Wynn,receive millions in Negative Tax Refunds,while every Household with dependency on Social Security Income,will be able to not pay Federal Income Tax on the first 24k,but will lose their 15k in deductibles. And that will be replaced by a increase in personal Exemption of a few hundred dollars. So,all those people will have to pay 12-28% on every dollar over 26k. If that's the case,whoa nellie,we will see the largest Tax Increase ever on 47% of Americans.

Here is the kicker,if you are required to do a minimum withdrawal on your 401 k's,that money will drive your Federal Gross Taxable Income even that much higher. Get ready for a major economic down turn like we never seen in our life time.

[lagomorph777]

12. Let's look at the word "average"

This is so easy to manipulate.

The "average" usually refers to the "mean."

If I give a $400k break to the top 1%, and zero to everybody else, the "average" tax cut is $4,000 per person. But for 99% of the population it's still zero.

Now, if I give a $400k break to the top 1%, and take an extra $2800 from everybody else, the "average" tax cut is $1,200. And we get a big tax hike.

Now, an honest person might assume "average" refers to the median. But do you expect honesty from the RePutin Party?