TRUMP TAXCUTS DE FACTO ONLY FOR THE WEALTHIST 1%

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>>139872450
NOW WATCH THIS DRIVE

>>139872450
>61.4%
jesus

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>>139872450
>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

>>139872450
>cut taxes by a proportion
>those with more money proportionally save more

Almonds activated

>>139872798
>what is trickle down economics, the post!

>>139872450
This graph literally and figuratively means nothing and the implication it does just shows how retarded you are.

>>139872450
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.

>>139872450
Dear Nigger,

You have to pay taxes to receive a tax cut.

>>139872450
now post the graph as to where most tax dollars come from

>>139872450
I make the best elitism

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>>139872450
>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.

>>139873184
You are so dumb it hurts

>>139873184
You can't cut taxes when they don't pay any

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>>139873184
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.

>>139873115
yo whitey niggas aways gots a explanashun

fuq trump an fuq whitey niggas

>>139873184
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?

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>>139873025
>>139873032
>>139873306
>>139873426
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.

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>>139872450

you got saged commie scum

>>139872450
The nature of the progressive tax structure will always result in the richest getting the most out of tax cuts.

>>139873826
>earn more
>save more from tax cuts

Shocking concept

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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!

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>>139872450
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.

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>>139874415
NO YOU SEE THESE TAX CUTS ARE ONLY FOR HARD WORKING BLUE COLLAR STIFFS LIKE YOU AND ME SILLY

>>139874265
>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

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>>139872450

https://www.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.

>>139874542
>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.

>>139874995
>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

>>139874995

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

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is hentai redpilled?

>>139874715
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%.

>>139872450
Sanders and Clinton both paid under 15% in income tax in 2016. Trump paid 30%. Do you still support Sanders and Clinton?

>>139872450
>drumpf cutting the taxes of the rich by 61%
why is this allowed murrica?
#i'mpeach

>>139873826
>Trump paid no taxes

t. Rachel Madcow

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>>139872450
Fuck Trump and fuck Jewish people.

>>139875795
wrong please learn to understand graphs

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>>139875552
Really gets the noggin joggin

>>139872935
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.

>>139876037
>he's adding more in.
Source?

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>>139872450
Jews are in control.

>>139873115
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.

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

>>139874542
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?

>>139875576
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.

>>139876467
>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

>>139875752
Proof? The only returns I've seen were from 2005, aka cherry picked

>>139872935
That is more like the .1%. The 1% is mostly professionals and small business owners

>>139872450
Learn how taxes work

>>139874265
Half the country isn't white

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>>139872450
I.M.R.A.N. A.W.A.N.

HEARING TODAY!

https://www.youtube.com/watch?v=XLQ69Bqnk2Q
https://www.youtube.com/watch?v=XLQ69Bqnk2Q
https://www.youtube.com/watch?v=XLQ69Bqnk2Q

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

they sacked him.

>>139872450

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.

>>139876778
>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: https://www.thebalance.com/trump-s-tax-plan-how-it-affects-you-4113968

>>139872450
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.

>>139872450
Bad graphs like this make the world worse for it

>>139872450
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

>>139878746
Shill. Really though. No rural voter is going to use that many buzzwords in a single post.

>>139878205
Corporations are people!

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

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

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

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Trump's whole economic plan in one picture

>>139872450
>I can't into math the post
Go back to Rebbit retard.

>>139878746

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

>>139872450
Taxation is theft regardless of who's being taxed

>>139879759
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/

>>139874542
>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?

>>139876192
His ass

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>>139878746

>>139880318
>nigger getting nothing
And that's a problem why?

WHAT THE FUCK IS A PERCENTAGE

>>139876952
>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.

>>139881312
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 /pol/tards 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....

>>139881923
Yes let's put math in jail for making percentiles so unfair.

>>139881923
>absolute fact
Sure, in absolute numbers. Not in relative.

>>139872450
>>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.

>>139882279
Explain your meaning.

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>>139872450
So you're telling me that people who DON'T pay taxes won't get a tax cut! LOL, day of the rake when.

>>139872450
>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%.

>>139872450
>Pay 50% of taxes
>Get 50% of tax cut

Sounds right?

>>139882619
>>139878418

>>139880318

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

>>139881676
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.

>>139883034
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.

>>139877497
running out of narratives?

>>139872450
Why do the rich need to pay massive taxes?

>>139883271
>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"?

>>139872450
>source: my ass

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

>>139883400
>Bannon proposed to raise taxes on the rich
>Bannon got sacked sometimes afterwards

Nothing to see here goy, move along.

>>139883501
Because it's not that big a hit on their livelihood.

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

>>139872450
>Poor people pay no taxes
>Rich people pay all the taxes

In reality it checks out

>>139872772
>missing the point
Most of the tax breaks go to the rich, stupid.

>>139883345

this wealth jealousy, i swear to god.

just because someone became more successful than you, you feel his success requires him to be more generous in getting the money HE earns to be essentially robbed from him.

i got this from my old friends after i became a lot more successful than them. they started expecting me to be a fucking loan ATM and to pay for meals and drinks and shit. they resented me every time i said no. then stopped talking to me altogether.

if a guy makes 500k a year because he worked hard getting his restaurant business off the ground, and pays well over 100-150k a year in taxes, and you never wanted to be anything and work part time at mcdonalds and pay maybe 400$ in taxes and get 4000$ refunds, you don't deserve to complain about how the rich don't pay enough or don't deserve tax relief.

>>139883710
t. Alberto Barbosa

>>139883501
What is the difference between making 500k and 300k? He won't be able to buy a bigger house? He won't be able to have 2 yatchs?

The difference between 50k and 45k is more stark.

>>139883345
>tax cuts for all
>everyone benefits, rich less so than the rest of the population, and government even less
Just because you want to see that big round 0% doesn't mean the same result can come about be a different means..

>>139880318
You know poor people already have tax cuts

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>>139872450

>sorting by income percentile and not tax brackets

dishonest fuck

>>139883803
Why do they need a hit on their livelihood?

>>139884060
the difference is 200k.

>>139883990
>i got this from my old friends after i became a lot more successful than them. they started expecting me to be a fucking loan ATM and to pay for meals and drinks and shit. they resented me every time i said no. then stopped talking to me altogether.
I honestly doubt this story and you sound like a total douchebag, i will have to be honest

>if a guy makes 500k a year because he worked hard getting his restaurant business off the ground
Restaurant owners don't make 500k a year, you retard. at least the vast majority of restaurants.

>>139884021

>a leaf trying to flagpost

>>139884419
>I honestly doubt this story and you sound like a total douchebag, i will have to be honest

cool, while what i said is absolutely true, you focused on this and not the point?

>Restaurant owners don't make 500k a year, you retard. at least the vast majority of restaurants.

do you think all restaurant owners are big millionaires even though their tiny 1 location restaurants only bring in maybe a mil a year and have to pay employees and business taxes and supplies/maintenance?

what are you, 12?

>>139884072
>everyone benefits
No, poor people will gain pretty much nothing, like 50 extra dollars. Rich people will have hundreds of thousands

>rich less so than the rest of the population
Are you saying that the rich are benefiting less from this tax cuts?

>>139884257
It's called society. You have to contribute. you can't just take away.

Why are americans so jewish? They just want to take, take and take, but when someone wants them to contribute, they shriek and hide like rats

The rich should pay more because they are the ones who are benefiting the most from our society

Even if you gave everyone with income up to 100k 0% tax rate. The 1% would still be about the same

>>139884784
How are they not contributing?
they build factories which provide jobs.

Does that mean it's not going to be 39.6% for top tier anymore? Please let it be real.

>>139883883
why is it inherently wrong to give rich people tax breaks. Explain without using an appeal to emotion.

>>139884706
>while what i said is absolutely true
On your point of view, yes, it's true, but i honestly don't think it was like that.

No one would expect a friend to pay for him, just because he is well off. I would be insulted.

I think you turned into a bastard when you got richer, and started to drive your "friends" away. I think this because i've seen it happen.

>do you think all restaurant owners are big millionaires even though their tiny 1 location restaurants only bring in maybe a mil a year and have to pay employees and business taxes and supplies/maintenance?
Ãre you stupid? I was implying the opposite, you fucking retard. Of course most restaurant owners don't make 500k. Most of them are working class at best.

Why do you need to strawmen me? Why do you feel the need to paint me as some sort of stereotype?

>>139880318
The poor are niggers. Who cares?

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>>139883591
>And your only criticism of Obama is that he "did not improve the economy enough"?

Yea, and putting 30 million people on welfare who are to this day still on welfare. And the whole social justice issue.

Woodrow Wilson left a recession when Warren Harding took office as president in the 1920s. Unemployment was at around 11%. Harding did nothing but cut spending and taxes. In two years, unemployment went down from 11% to 2%.

Bush Jr. fucked up by lowering interest rates in the 2001 recession, but this recession shouldn't take eight years to solve. It should take much less than that.

The Great Depression had the same issue. There was no recession when Coolidge was president. Unemployment was virtually non-existent. And he did nothin also. When Hoover came and the stock market crashed. The Smoot-Harley Tariff, the Davis-Bacon Act, Social Security programs under Roosevelt and others led to high unemployment in the 1930s. If Coolidge was still president, or if Hoover and Roosevelt learned from Coolidge, the Stock Market crash would have ended in less than a year's time and the Depression would have never happened.

>>139885181
They are the ones bringing third worlders into our countries.

>139884881
0/10

I thought that he wanted to abolish the income tax for those earning under 50k per year? Like me? :^(

>>139885378
>Yea, and putting 30 million people on welfare who are to this day still on welfare.
source?

>>139872450
Thank god. Rich people shouldn't be penalized for being wealthy.

>>139873184

it's dumb because there are clearly different economic strategies for different times.

in a depressed and stagnant economy, with everyone clutching their purse strings and the rich feeling like they have a lot to lose... trickle down can get things goingl

in an economy where the rich are fucking rich... profits abound... and we're really trying to boost the 99%... cut THEIR taxes... they will spend more and it will trickle UP to the wealthy as they compete to EARN the extra profit that is out there.

>>139883627
They always play with the presentation of the numbers until they get a result worthy of a clickbait title. Under a progressive taxation system the bottom rungs of the ladder are going to be contributing a significantly smaller piece of the pie, if the top 5% are paying 60% of the tax bill any deduction is going to disproportionately favor them, that's just basic math, short of going for a full wealth redistribution plan you couldn't write a tax cut that would favor the lower classes, hell Trump's outright eliminates taxes for much of the lower class and it only comes out to like 10% of the total. I'm also a little annoyed because the Democrats and the left in general has not in the last 20 years proposed a tax plan that would actually impact the super wealthy, instead they always want income and payroll taxes, basically they target skilled professionals while people like Mitt Romney and Bernie Sanders pay half the tax rate of a doctor or a lawyer making a few hundred grand per year.

>>139885452
Youre going to have tons more walking around spending money under trump's tax cut comparatively
dont let these idiots get you down anon they are just foreigners being paid to shill because they are all paying 40+% tax rates to their european slave masters

>>139885291
>I think you turned into a bastard when you got richer, and started to drive your "friends" away. I think this because i've seen it happen.

actually, i was extremely generous in the beginning. hell i was giving 1 friend over 600$ a week for a bit. it started to get to where it was expected of me. and i finally had to cut everybody off because I got married and wanted to save for a house. the money well dried up, they stopped coming around or even talking to me. my best friend hasn't talked to me in 2 years. i never changed my personality nor have i forgotten the white trash trailer i came from.

so fuck you and your ignorant generalizations.

>>139873826
It costs $1M to just purchase the rights of the McDonald's name to own a franchise

That's not even starting actual construction and distribution costs. Just saying, your $300k does not apply in that example.

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>/pol/ actually caring about evidence-based public policy

>>139872450
>implying they pay taxes anyway
>implying offshore accounts aren't real

>>139885378
coolidge was the man. Most important and overloooked president. Everything about the guy is inspirational. I also can relate to his quiet demeanor. Fuck I forget the title but theres a goodbook about him written by the broad who goes on cspan a lot. Amity something. Good read.

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>>139872450
>the Starcucks-employed libshits that pay ZERO federal taxes get smaller tax refunds than the groups that pay almost all Federal taxes

Here, hold my almonds.

>>139885699
Shut up commie. #MAGA

>>139875752

^this guy has Trump's tax returns!

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>>139885871
No u

>>139872450
>-6.2% tax
id be happy instead of bitching how other groups got more cuts

>>139885701

and let's pretend like there is only 1 TAX.

while ignoring that there are all sorts of taxes and tax-like fees... most which are designed so everyone pays disproportionately more than the very wealthy.

>>139872450
lWhat I see here is.... if you don't come from and wealthy family or wealth creating job ...then your just an OP filled with envy then? Work Harder pout less...and you too can have a 61%+ Tax Break gotta love a country that rewards you for all your hard work, no?

/biz/ has it right

You can only be red pilled by our tax code when you start making money

>>139872450
The wealthiest among us pay the most in taxes, so logic would dictate...

Wait a minute, you're a commie. You don't understand anything else than "muh feelz"

>>139885909
His tax returns were leaked by rachel maddow. he pays more than like 80% of america in taxes.

>>139885488
http://www.trivisonno.com/food-stamps-charts

I exaggerated when I said 30 million, but it is a lot for a president. Especially one concerned with the lack of fatherhood.

>>139885650
>hell i was giving 1 friend over 600$ a week for a bit.
ahahhahahaaha, it's not what i expected, you are just a moron who was be taken advantage.

Tell me at least that "friend" was a woman and you were fucking her?

Who the fuck gives a weekly allowance to a "friend"?

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>>139885706
It was actually called "Coolidge" by Amity Shlaes.

https://www.amazon.com/Coolidge-Amity-Shlaes/dp/0061967599

>>139888157
>food stamps usage dropped under the Obama economy


xDDD

No shit you dumb cunt, we operate at the higher tax brackets , this is exactly what we want. Why is it that commie fucks are so poor and disgusting?

>>139872450
I've seen this BS before. As I recall, this is based on an exponential scale on the y-axis, with the left marks going from like a few thousand in savings to literally millions maybe 10 notches up.

Of fucking course the graph is going to be massively skewed to one side when the top 1% makes millions-billions, compared to 10-20k on the bottom.

Let's say that a flat 10% tax cut goes through (for the sake of simple math; it remains to be seen whether congress will actually manage to get anything close to Trump's proposed 3 bracket plan) for each tax class, and let's say the bottom class makes 10-20k, middle class 40-70k, and top 1% making anywhere from 100k to a gorillion buxTM/yr.

>Middle of the bottom class (15k/yr) would have 1500 in additional tax savings

>Middle of middle class (55k/yr) would have 5.5k in additional tax savings

>Bottom of top 1% (assuming 100k is bottom) would save additional 10k
>1M = 100k tax savings
>5M = 500k tax savings
>100M = 10 Million tax savings
>1B = 100 Million tax savings

>Comparing 100k to tens of millions of dollars to 1500

This is a fucking garbage post and you deserve the finest zyklon, kike.

>>139888507
the top 20% flourished under Obama, that's why the market is so strong and has shown no sign of stopping

Trump is just continuing what Obama did, just in a different way.

>>139883883
yeah which is why it makes no sense that Fatty Bankrupt is dismantling our country to gift them even more

probably because he never had a real job his dad didnt gift him

>>139888951
>muh small loan of 1 gorillion dollars

You realize that 1 million dollars is not much at all in terms of operating capital for a business right?

>>139883883
>People with the highest income are affected most by changes in income taxes
Holy shit who would've thought

>>139883883
Which is a logical consequence of the rich paying most of the taxes

>>139888937

I won't argue with you, because it's true.

>>139889363
>>People with the highest income are affected most by changes in income taxes
Exactly, that is why many people are saying that the tax cuts are benefiting mostly the rich people

>>139889302
He did not inherit only the money, he inherited the last name and contacts

>>139888507
Wow, you ignored a good 3/4th of those charts there to know that they dropped from 2015-2016 only.

File: Food-Stamps-Monthly.jpg (256KB, 1017x580px) Image search: [Google]

256KB, 1017x580px

>>139889837
What am i missing?

Or are you going to move the goalposts from the original proposition?

>>139890071
Look at how many fucking people are still on welfare by the end of his presidency. That's ridiculous. I'm not moving goalposts; I'm asserting the same points I made before. He put a ton of people on food stamps and the major Bulk of them are still on there. This should have never happened.

>>139890424
So you are moving the goalposts. I see.

>i'm not moving the goalposts

You asserted here that Obama put 30 million on welfare>>139885378, when the truth is that Obama managed to drop welfare usage (food stamps) by 8 million in 4 years. After the recessions created by Bush

>>139872450

of course retard thats how cutting by percentages works

and if ure against percentages ure againsts fair share principle

>>139872450
>be me
be dutch tax & corporate lawyer
>work in amsterdam business district
>give legal advice to US companies
>US charges 35% corporate income tax, among highest in the world. EU average is more like 25%.
>Have tax writeoffs to offset double taxation
>In effect US companies will only pay US corporate tax if they repatriate profits to US

>be me (again)
>advice Apple & co to stash profits in Dutch companies and pay only 25% tax, with better writeoffs
>current income of US companies stashed abroad estimated at $4000-$6000 billion
>all due to retarded %35 tax rate
>firm charges >$400/hour to US companies for my services while retarded Dems and Ann Coulter throw a shitfit over lowering corporate tax rates

keking all the way to the bank familia

>>139872450

>richer people save up more then poorer people

wow what a surprise

>>139890819
Yea, I said 30 million, which I admitted was an exaggeration because I forgot the exact number. And again, you're still ignoring a chunk of the graphs because he put close to 20 million people on welfare within the other four years after the recession.

This economy could have been recovered without the use of food stamps or welfare.

>>139872450
Who has a 1% INCOME?
Idiots who have their jobs give them a salary just shy of $400k instead of capital investments.

The vast majority of the US wealthy """1%""" have their fortunes diversified in stock, shares, bonds and property. I.e. investments. There are no 1% who have even a sizable fraction of their wealth in cash.