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Re: Were the Tax Cuts really ONLY for the wealthy? Take the quiz
Posted by HisHughness of TX on 7/11/18 11:15pm Msg #71797
I don't recall seeing anyone claim that the tax cut will benefit ONLY the wealthy. However, since 2000 the top 1% HAVE received 22% of tax cuts, and the top 20% has received 65%. Those figures would be even more stark had not President Obama and the Democrats reversed many of the Bush tax cuts for the wealthy. This year alone, the wealthiest 1% will pay $111 BILLION less in taxes than they would have in the last year of Bill Clinton's presidency. Your congressman, of course, is in that upper 20%. See David Leonhardt, NYTimes July 11 2018.
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Messages in this Thread
 Were the Tax Cuts really ONLY for the wealthy? Take the quiz - Moneyman/TX on 7/10/18 7:54pm
 Re: Were the Tax Cuts really ONLY for the wealthy? Take the quiz - HisHughness on 7/11/18 11:15pm
 If it helps, I didn't vote for my congressman. ;) n/m - Moneyman/TX on 7/12/18 1:36pm
 Re: Were the Tax Cuts really ONLY for the wealthy? Take the quiz - Moneyman/TX on 7/14/18 10:08am
 Re: Were the Tax Cuts really ONLY for the wealthy? Take the quiz - MikeC/TX on 7/14/18 3:43pm
 Re: Were the Tax Cuts really ONLY for the wealthy? Take the quiz - Moneyman/TX on 7/14/18 3:54pm
 For your reading pleasure - MikeC/TX on 7/16/18 3:46pm
 Re: For your reading pleasure - bagger on 7/17/18 1:37pm
 Re: Were the Tax Cuts really ONLY for the wealthy? Take the quiz - shooterclay on 7/16/18 6:21pm
 Now they would have to drop $3-4K just to be even with what - Moneyman/TX on 7/21/18 5:40pm



 
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