Trumpenstein’s Zionist “Jews” Create New Tax Plan But They DO Endorse Glass-Steagall Which is GREAT! Trump’s Tax Cuts Will Benefit Himself & His Family THE Most as Well as Wealthy!
New York Times: Tax Overhaul Would Aid the Wealthiest
Sulzberger’s Slimes shows its Marxist colors with a predictable playing of the C-Card (Class Card) — a time-tested and highly effective cousin of the “R-Card” (Race), the “W-Card” (Women) and the dual-purpose “H-Card” (Hitler / Holocaust TM). Out of the ugly emotion of envy, we are expected to oppose the idea of being able to keep more of what we earn solely because “the rich” will also benefit from the reduced rates — as if the money would be better invested by the useless politicians and bureaucrats who want it all.
1. The Globalist-Communist-Central Bank complex taxes the economy at nearly 50% of GDP (Fed, State, Local combined).
2. Then, their propagandists play the “C-Card” by telling us that it’s cigar-smoking rich “fat cat capitalists” in top hats who are robbing us; and that bigger government is the solution. 3. That image sums up the real problem.
Now, notice how these communists talk as if the money is rightly the government’s:
Slimes: President Trump on Wednesday proposed sharp reductions in individual and business income tax rates and a radical reordering of the tax code that would significantly benefit the wealthy, but he offered no explanation of how the plan would be financed.
Rebuttal: “How the plan would be financed?” This is ass-backwards! It is taxpayers who “finance” the government, not the other way around.
Slimes: The proposal envisions slashing the tax rate paid by businesses large and small to 15 percent. The number of individual income tax brackets would shrink from seven to three — 10, 25 and 35 percent — easing the tax burden on most Americans, including the president, although aides did not offer the income ranges for each bracket.
Rebuttal: “Easing the tax burden on most Americans.” That is all that should concern “most Americans” — nothing more. Only a petty and envious libtarded loser would be preoccupied with how much money the new rates would save the big bad “rich” — who just so happen to employ “most Americans.”
Slimes: The president would eliminate the estate tax and alternative minimum tax, — both moves that would richly benefit Mr. Trump.
Rebuttal: The dirty insinuation that Trumpstein’s proposal was crafted to “richly benefit” himself, under the pretext of helping the economy, makes for one heck of a “conspiracy theory” TM. Evidently, such childish unfounded accusations are socially acceptable if sanctioned by the Slimes and the rest of the Piranha Press.
Slimes: Corporations would not have to pay taxes on their foreign profits, an unusual proposal for a president who has championed an “America first” approach and railed against companies that move jobs and resources overseas.
Rebuttal: Why would the fact that US corporations also make profits in overseas markets run contrary to America First? Cutting taxes on money parked overseas would actually encourage them to bring those cash resources back to America.
Slimes: Mr. Trump wants to double the standard deduction for individuals, essentially eliminating taxes on around $24,000 of a couple’s earnings.
Rebuttal: Now that tax cut is what should have been in the headline! “Untax the working poor!”
Slimes: That proposal was met with alarm by home builders and real estate agents, who fear it would disincentivize the purchase of homes. The proposal would scrap most itemized deductions, such as those for state and local tax payments, ….
Slimes: But the president would leave in place popular breaks for mortgage interest, charitable contributions and retirement savings.
Rebuttal: Good. But keep the local property tax deduction in there just the same.
Slimes: “This will pay for itself with growth and with reduction of different deductions and closing loopholes,” Mr. Mnuchin said, repeating his optimistic estimate that the plan would spur the economy to grow at a rate of 3 percent annually. “The economic plan under Trump will grow the economy and will create massive amounts of revenues, trillions of dollars in additional revenues.”
Rebuttal: What Mnuchin (cough cough) is saying here is actually true. Because these cuts will certainly fuel a few percentage points of economic growth, revenues to the Treasury will actually increase. Nonetheless, when did “increasing revenue” — by any means — become “conservative?” We should be slashing tax rates, slashing gross revenues, and “paying for it” by slashing spending even more. That exactly how President Warren Harding rapidly ended the Wilson Depression in 1921 — which is part of the reason why modern court-historians rate him as “the worst President ever.”
Harding didn’t tinker with the existing rates. His administration healed America by rolling back both Wilson’s taxes and Wilson’s spending by a whopping 50%! The result was an instantaneous and sustained recovery (finally killed by the Fed in 1929).
Slimes: Democrats rejected what they described as magical thinking behind the plan and condemned it as a giveaway to the rich …
Rebuttal: There goes that “C-Card” again. God these Demonrats are such scum.
Slimes: “This is an unprincipled tax plan that will result in cuts for the 1 percent, conflicts for the president, crippling debt for America and crumbs for the working people,” Senator Ron Wyden of Oregon, the ranking Democrat on the Finance Committee, said in a statement.
Rebuttal: All of a sudden, after 8 years of Obongo deficits which averaged $1.2 Trillion per year, Senator Wyden (cough cough) is now concened about “crippling debt for America?”
Slimes: “We don’t need a tax plan that allows the very rich to use pass-throughs to reduce their rates to 15 percent while average Americans are paying much more,” Senator Chuck Schumer of New York, the Democratic leader, said Wednesday. “That’s not tax reform. That’s just a tax giveaway to the very, very wealthy that will explode the deficit.”
Rebuttal: Don’t worry about “exploding the deficit,” Senator Schumer (cough cough). For years, Nobel Prize winning economist and Jew York Slimes columnist Paul Krugman (cough cough) has said that Obongo’s massive annual deficits didn’t matter. So why sweat about Trumpstein’s smaller deficit-spending?
Pre-Election Day / Post Election Day. Krugman (like all Demoncraps) was in favor of deficit spending before Trump was elected.
Boobus Americanus 1: I read in today’s New York Times that Trump’s tax cut plan would favor the rich.
Boobus Americanus 2: He’s going to blow up the budget deficit if he does this.