Did you get your Trump tax break?

Because some idiots cannot do math or understand public policy they think the "millionaires" getting more under the Trump Tax somehow means that they deserve it, or worse they "earned" it.

First - it is billionaires not millionaires making out likes thieves. Millionaires are doing worse.

Second - The rationale that you are keeping your own money is absurd. To provide that couple of hundred dollars your government is borrowing trillions in your name. So if you think that buying quarters for a hundred dollars each is a good deal, then by all means, I have some quarters to sell you.

So it very meaningful, if you are willing to bother to understand what is happening.

You act as if millionaires actually do pay income tax. For the most part, they collect it from the consumers of their goods and services, or in the case of the biggest mouths on the planet, who are continually daring us to come and soak them, their fans and audiences. Denzel and Russell are going to simply demand more money when you tax them and everything just gets tacked on to the cost of the theater ticket.
 
Economics is one of those subjects that is sadly lacking in the US curriculum.

Billionaires don't have cash, they have net worth and net worth isn't taxed. Wasn't taxed before either. Generally any cash they have comes from the sale of stock which is taxed as capital gains, not income. The Trump tax cut did nothing to change capital gains, it's the same as it was under Obama. Considering that the markets are returning to somewhat normalcy I expect revenue from capital gains to surge in 2018.

All of this bitching is nothing more than the politics of envy. Taking more money from the billionaires isn't going to enrich anyone's life, and allowing them to keep more isn't going to diminish anyone's life.
 
You act as if millionaires actually do pay income tax. For the most part, they collect it from the consumers of their goods and services, or in the case of the biggest mouths on the planet, who are continually daring us to come and soak them, their fans and audiences. Denzel and Russell are going to simply demand more money when you tax them and everything just gets tacked on to the cost of the theater ticket.

You do not know what you are talking about.
 
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