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Trump era tax cuts

antithesis

Posted 4:25 pm, 06/03/2024

That assumes, Lester, that there's no new tax plan

The new tax law could simply increase the taxes on the rich to the pre-Trump era while keeping them lower for everyone else.

freerangethinker

Posted 4:11 pm, 06/03/2024

Trump 24'

UnoFire

Posted 2:39 pm, 06/03/2024

Aint no one fight for the rich man harder than a low level gullible.

antithesis

Posted 1:36 pm, 06/03/2024

Trump promised that his tax cuts to the rich would pay for themselves by generating economic growth. But that never happened, and instead they added up to $2 trillion-with-a-T to the federal debt.


https://www.taxpolicycenter...et-outlook

Those tax cuts resulted in $70 in tax savings for bottom 20% of earners, $61,090 for the top 1%, and $252,300 for the top 0.1%.


Extending those tax cuts would result in an additional $4.6 trillion to the federal debt...

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