TRUMP TAXCUTS DE FACTO ONLY FOR THE WEALTHIST 1%

>tfw some imbeciles here still unironically support him

There's no excuses that can deflect from this.

Other urls found in this thread:

wsj.com/articles/top-20-of-earners-pay-84-of-income-tax-1428674384
youtube.com/watch?v=XLQ69Bqnk2Q
thebalance.com/trump-s-tax-plan-how-it-affects-you-4113968
youtube.com/watch?v=Wi-D24oCa10
youtube.com/watch?v=MRpEV2tmYz4
youtube.com/watch?v=Ml3EFhIYsSs
twitter.com/SFWRedditVideos

NOW WATCH THIS DRIVE

>61.4%
jesus

>meme flag
>doesn't understand what graph shows
>1% is anyone making 250k a year
>not knowing that the 1% is just about income and not about number of people.....

>people who make more money save more money when taxes are cut
>what is a percentage
nothing to see here

>cut taxes by a proportion
>those with more money proportionally save more

Almonds activated

>what is trickle down economics, the post!

This graph literally and figuratively means nothing and the implication it does just shows how retarded you are.

This has been pointed out time and time again:
The "richest 1%" have armies of tax attorneys and CPA's that navigate around and through the loopholes to pay a lot less than the advertised top tax rate (think Mark Kikenberg). By eliminating the loopholes, even if the "top tax rate" is lower, their effective tax rate will be higher and you eliminate a whole lot of complicated tax code in the process.

Dear Nigger,

You have to pay taxes to receive a tax cut.

now post the graph as to where most tax dollars come from

I make the best elitism

>why do those who pay a disproportionate amount of taxes get more of a tax cut

People will defend this shit. Here we go, trickle down economics bullshit instead of giving cuts to people who make up the majority of the country and need a break from tax rape.

Bbbut he's not a neo con guys.

You are so dumb it hurts

You can't cut taxes when they don't pay any

MY SPECIFIC INFALLIBLE BRAND OF TAX CUTS HAS NEVER BEEN TRIED

>when you fall for neoliberal economic thinkers in the 1970s with discredited supply side economics, but instead of stopping it you double down on it.

yo whitey niggas aways gots a explanashun

fuq trump an fuq whitey niggas

Whats the liberal alternative?
>increase income tax and corporate tax
>wonder why everyone is outsourcing manufacturing, moving R&D to tax havens like Ireland and switzerland

Get a clue

you guys are truly retarded. why do you support the system that is the root of your problems?

The Average American gets 40$ from this tax cut. He can go once to McDonalds with his (small) family with that.

The Average Kike CEO gets 300 000 $ tax cut. He can buy his local McDonalds with that or visit high class East European whores every day of year just on these tax cuts.

you got saged commie scum

The nature of the progressive tax structure will always result in the richest getting the most out of tax cuts.

>earn more
>save more from tax cuts

Shocking concept

Half the country is living in poverty or near poverty, but let's double down on this failed idea that's never worked in human history

Also if you like toll roads get ready to see even more!

So the bottom 60% who pay little to no taxes will get a tax cut on the taxes they don't pay and the middle class will get a 10% reduction.

Looks like everyone wins to me.

NO YOU SEE THESE TAX CUTS ARE ONLY FOR HARD WORKING BLUE COLLAR STIFFS LIKE YOU AND ME SILLY

>never worked in human history
>he thinks bush tax cuts didnt result in more revenue
>he thinks the rich didnt pay more after the reagan cuts
>what is the mellon plan

Nigger

wsj.com/articles/top-20-of-earners-pay-84-of-income-tax-1428674384

It's in line with the proportions of taxes paid.

I really hope this is a troll thread. People really read a graph like this and think they're suddenly experts on the subject? The graph is fucking meaningless, its literal propaganda presented in a manner that pushes a narrative and disregards honest discourse on the subject. Just like everything else the media shits out.

>he thinks bush tax cuts didnt result in more revenue

Seem 2001 and 2003 tax cuts, there was this massive bubble right until about 2008, after that I don't remember.

Kinda like Republicans in the 1920s cutting taxes from 90% to 10% leading to the booming 20s and something happened in 1929 I can't remember.

>I can't remember.
Can you remember why a depression turned into a great depression? Hmm, I remember something to do with a wheelchair and some amazing interventionist policy

People this stupid really shouldn't be allowed to vote.

is hentai redpilled?

Pay more taxes, get more back.

inb4 how come 200,000 to 249,000 pay so little.

For someone whose household income is over 310K I support this 100%.

Sanders and Clinton both paid under 15% in income tax in 2016. Trump paid 30%. Do you still support Sanders and Clinton?

>drumpf cutting the taxes of the rich by 61%
why is this allowed murrica?
#i'mpeach

>Trump paid no taxes

t. Rachel Madcow

Fuck Trump and fuck Jewish people.

wrong please learn to understand graphs

Really gets the noggin joggin

Yeah except Trump isn't closing any loopholes, he's adding more in.

If you really think he's going to make himself pay more taxes you are dumber than usual.

>he's adding more in.
Source?

Jews are in control.

Heritage graph posters should be gassed. That chart doesn't show a plethora of other taxes like Property tax which is also stilted against the lower classes, as large property holders get shit tons of tax credits.

OP is a faggot without sources whether true or not fuck off and come back after you have trained some more.

The bush tax cuts resulted in the largest deficits ever created. Obama had to raise taxes on the wealthy to get us back to even. Are you fucking retarded? You know the wealthy won't share their riches with you if you defend them, right?

Small business owners can write off a shit load of their business spending. Plus they can get away with tax evasion as the IRS targets the big dogs.

...

why would I give a shit? according to all the socialists I'm 1% for being in a household making 150k a year. I pay way fucking more taxes than everyone else, if you make 5 million a year you pay 16-17 percent, I'm paying 35%. Fucking give us a tax break or raising the fucking taxes on investment income.

>Obama had to raise taxes on the wealthy to get us back to even

the first three years of the Obama Presidency the cumulative deficit was over ten times as high at $4.35 trillion you stupid nigger

I am an engineer and my wife is an RN. I am the 1% with a household income of $250,000

Proof? The only returns I've seen were from 2005, aka cherry picked

That is more like the .1%. The 1% is mostly professionals and small business owners

Learn how taxes work

Half the country isn't white

I.M.R.A.N. A.W.A.N.

HEARING TODAY!

youtube.com/watch?v=XLQ69Bqnk2Q
youtube.com/watch?v=XLQ69Bqnk2Q
youtube.com/watch?v=XLQ69Bqnk2Q

bannon was a good guy looking after the middle class. he came from humble beginnings.

they sacked him.

Yeah, because those are the people paying anyway.

Gotta pay to get a discount.

Wow a tax cut for the 1% who hold more wealth in one fractional percentile of their assets than the entire middle class makes back more money than the middle class due to their cuts.

Wow.

I have no idea what math or ratios are. Wow.

>if you make 5 million a year you pay 16-17 percent
???

FFS, the 1% OP listed is not fucking wealthy billionaires. That 1% is actually corporations. Trump is not cutting fucking taxes for millionaires and billionaires.

Source: thebalance.com/trump-s-tax-plan-how-it-affects-you-4113968

So the 1% that own 99% of the wealth aren't getting 99% of the tax cuts? That would mean that that EVERYONE lower else is getting a better deal relative to their earnings.

Bad graphs like this make the world worse for it

This.

Listen, hugbox redditors. Not everyone who disagrees with you is deep into psyops or a shill. Some people just disagree. For instance, me.

Rural white voter here. Voting for Trump was possibly the biggest mistake of my life. Probably the worst president we've had in the last 250 years. We must impeach him now and lock up his most fervent supporters. The travel ban is racist and the white house is literally full of islamophobic texts and art. Hate can only be defeated by destroying it from the top down.

On top of his blatant racism, now he is literally destroying the planet earth and ruining young and promising female entertainers' lives. What about our children? Do the right thing, fellow rural white voters. Call your senator or congressman and set things right.

IN B4 OBAMALEAF CAN'T INTO PERCENTAGES

Shill. Really though. No rural voter is going to use that many buzzwords in a single post.

Corporations are people!

Watch and become smart
>Milton Friedman: Why soaking the rich won't work.
youtube.com/watch?v=Wi-D24oCa10

>Milton Friedman clears up misconceptions about wealth redistribution, in general, and inheritance tax, in particular.
youtube.com/watch?v=MRpEV2tmYz4

>Milton Friedman proves why welfare can't work
youtube.com/watch?v=Ml3EFhIYsSs

Trump's whole economic plan in one picture

>I can't into math the post
Go back to Rebbit retard.

We really need to start looking for an answer to the liberal question.

Taxation is theft regardless of who's being taxed

Do people really think that false shills don't exist? That dude's post is way too obvious to be taken as a serious shill. You guys get trolled so fucking easily. Jesus H. Christ, is everything on this board ironic?

>inb4 lurk more
I've been here since the original /new/

>he thinks bush tax cuts didnt result in more revenue

so how long have you been in this universe?

did the Iraq war go well in your home dimension?

His ass

...

>nigger getting nothing
And that's a problem why?

WHAT THE FUCK IS A PERCENTAGE

>the first three years of the Obama Presidency the cumulative deficit was over ten times as high at $4.35 trillion you stupid nigger
Why? Because he inherited the largest Depression since 1929.

Everyone uderstand that perfectly well.

It still does not change the absolute fact that the wealthy are the ones who will benefit from this tax cuts.

I thought Sup Forumstards liked Trump because he was "anti-establishment", but after all he is Bush 2.0. And you are supporting him.

>10% of 1 million is more than 10% of 100,000
woah.... so this is the power.... of "fact" checking....

Yes let's put math in jail for making percentiles so unfair.

>absolute fact
Sure, in absolute numbers. Not in relative.

>>tfw some imbeciles here still unironically support him
>> tfw liberals still can't understand that they are SO bad that people literally have no choice BUT to support him.

Explain your meaning.

So you're telling me that people who DON'T pay taxes won't get a tax cut! LOL, day of the rake when.

>OP doesn't understand how this graph works

Lowest 20% making 18k a year has a taxable income of about 12k which means they pay about $1600 in taxes - their earned income credit.

Top 1% earns 390k has a taxible income of 385k with an effective tax rate of 27% and pays 101k in taxes.

If trump cuts the lowest tax rate in half they would pay $800 a year - earned income credit. This savings multiplied by 55(trumps proposed tax cut for the top 1% is 55 times larger than the tax cut the poorest 20% make) would equal 44,000 while cutting their taxes in half would equal 50,500. Which means that the poor get a greater relative tax cut compared to the wealthiest 1%.

>Pay 50% of taxes
>Get 50% of tax cut

Sounds right?

...

picture is wrong. should have the middle class either childless or with 1 child, and the nigger with 5 kids and a full fridge of groceries including steak and lobster and shit with EBT cards sticking out of their pockets alongside the keys to an Escalade

so he should have had the biggest recovery since then but he didn't because he was retarded. Obama post-recession growth was the smallest bounceback in modern history.

It still does not disprove the fact that the people who are benefiting from Trump Tax cuts are the rich

Trump elected himself to be president and one of the first things he wants to do is to cut taxes on himself and his friends. You guys are being played.

running out of narratives?

Why do the rich need to pay massive taxes?

>so he should have had the biggest recovery since then but he didn't because he was retarded.
He literally did. Obamaleaf can explain it better then me. Obama presided over the longest streak of hob creation in American history

>but muh GDP!!!

GDP isn't growing as fast because Obama slowed government spending and the population is not growing anymore, at least not as fast

And your only criticism of Obama is that he "did not improve the economy enough"?

>source: my ass

Trump's proposed tax cuts totally eliminate income tax from the lowest bracket of income.

>Bannon proposed to raise taxes on the rich
>Bannon got sacked sometimes afterwards

Nothing to see here goy, move along.

Because it's not that big a hit on their livelihood.

Nordics have 50-70% top tax rate and people are fine with that.