Comments by "dr1flush" (@dr1flush) on "$4.5 Trillion Trump Tax Cuts Approved By House" video.

@ 80% of the population has 7% of the wealth so of course the highest earners should pay the majority 😂
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@ Two-thirds of the 47%of households that paid no fed income tax DID pay payroll taxes. The vast majority of people who pay no FEDERAL income tax are elderly, have kids,or a poor. 3 people have more wealth than the entire middle class and you expect the middle class to pay more? Where the logic? Not with you
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@gibbonbasher8171 Romney used it as a talking point . These people don’t actually look into the details because the 47% is actually paying payroll taxes. Chip literally thinks half the population isn’t paying tax apparently 😂
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@derski87 middle class America isn’t earning 150k a year… they don’t even have 150k . These tax cuts are for the rich , is an extension of the 2017 tax law and a corporate tax cut. That’s why they have to cut Medicaid and gov programs by 2 trillion.
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@ they want to cut 2 trillion to pay for the 4-5 trillion tax law. SO HOW IS THAT LESS SPENDING? Trumps proposal LITERALLY INCREASES THE DEFICIT 🤦
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He ain’t helping you Annie. Any “tax break” to the middle and poor will be offset by tariffs. MAGA voters on Medicaid are shooting themselves in the foot
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@derski87 Laffer curve isn’t accurate and you’re just arguing for trickle down economics.
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@thedude9999 they can’t account for 60(something)% of 3.5 trillion in assets
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lol then don’t vote for republicans 😂 they are cutting Medicaid and increasing the deficit so they can cut corporate tax rates and gives tax breaks to the rich. Anyone saying otherwise is obvious
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@M-A-T-T_W you think you pay payroll taxes and they give you it all back at the end of year? Fr ?????? No way you actually think that
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@davidgill3356 you literally said wealth inequality is a boogeyman. You’re a imbecile 😂 I don’t need to read anything else you say after that 🤣🤣🤣🤣
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@dane4453 republicans really believe anything they are told as long as a republican says it. You ever tried fact checking things you say?
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@dane4453 try fact checking that 😂😂😂
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@dane4453 The bottom 20% of Americans pay about 11.4% of their income in state and local taxes. The middle 20% pay about 9.9% The top 1% pay about 7.4% Republicans be like… PEOPLE WHO EARN $250 A WEEK DON’T PAY TAXES😡 Even tho they still pay payroll tax, sales tax , property tax , excise taxes, car tax, state and local taxes and more… BUT THEY DON’T PAY TAXES 😂
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@jers7590 it’s only taxed twice if you earn above the national average or if you have other income
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The richest 20 % are the only ones benefiting from the cuts when you take tariffs into account.
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Well trump is potus
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@derski87 trumps plan to fund the tax cuts is using tariffs and gutting gov programs like Medicaid by 880 billion
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@derski87 the Laffer Curve is only accurate in the extreme highs and lows. Reducing tax rates can create a short term stimulus but unlikely a long term. These tax cuts aren’t for the middle class, in fact the middle class is getting tax increases with tariffs and gutting gov programs, the upper class is reaping the cuts. This is essentially trickle down economics. More deficit has accumulated under Trump than any other president in American history. Trump is NOT cutting spending, he is gutting agencies to pay for his tax proposal. There is not less spending just because they are cutting
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@derski87 the laffer curve only works in the extreme high and low tax rate anyway. More deficit has accumulated under Trump than any other president in US history
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@derski87 trump created more debt than any president in history of USA. His new tax proposal will do the same. It increases the deficit by 2-3 trillion IF they can cut 2 trillion from gov programs like Medicaid. So how exactly is this helpful to the middle and poor class of USA ?
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@derski87 and fyi the “Leffer Curve” only really works in extreme highs and lows. Gov revenue has to come from somewhere and cutting programs that help the poor and middle class to fund tax breaks for the rich doesn’t help the economy. We know trickle down economics just results in the upper class hoarding more of the wealth. Reagan and republicans are partially to blame for the enormous wealth gap . You’re essentially just arguing for trickle down economics… and you’re probably middle class or poorer … it’s insane
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@derski87 seems to me your entire argument is in favor of trickle down economics and uses the “leffer curve” to justify it. The LC only works in extreme highs and lows of tax rates.
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@derski87 if any spending needs to be looked into for fraud and waste is the defense budget… the place that can’t account for 63% of 3.5 trillion in assets and fails every year a audit… … funny how Elon isn’t doing that, he’s only going after agencies that have an impact on him personally. Trying to argue the GOP and Trump are trying to help the middle class is just so naive
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@ how can you be arguing in favor of Reaganomics and saying you’re against trickle down economics? Makes no sense In 2024 USA spent $6.8T and collected $4.92T leaving a deficit of $1.83T. So how in your mind does reducing $2T in spending and reducing revenue by $4-5T stabilize the debt to GDP ratio? This proposal increases the deficit obviously unless you subscribe to the theory of T.D.E. To increase revenue Trump proposes to use tariffs which hurt the middle and poor class, while his cuts benefit the80-90th percentile. Arguing in favor of tax cuts for the wealthy and corporations and claiming they will stimulate economic growth and benefit everyone is literally trickle down economics. I hear you saying you want to reduce spending but the areas that MAGA wants to cut are an attack on the middle and poor and the benefits go to the upper class. Usa could easily reduce and end the debt to GDP ratio by increasing taxes. Taxes just need to increase by 2.2% of the GDP. A 1% payroll tax equals $1.3T in revenue, a 2% increase $2.5T revenue and ends the deficit. Raising taxes on the rich would raise around 1% of GDP over 10 years. Raising corporate taxes 0.8% of GDP…. Deficit eliminated … simple . But trump is lowering corporate taxes and lowering payroll taxes to the rich. I just explained how a tax increase that you would never even feel would end the deficit so please tell me why spending is the issue and how trump’s proposal is anything other than trickle down TRUMPS TAX PLAN IS AND HAS ALWAYS BEEN TRICKLE DOWN THEORY !!!how can you not see this
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@derski87 besides the tax law is mostly just an extension of the 2017 law so we already know the result. Increase in deficit and wealth gap increases. More deficit has accumulated under Trump than any other president in American history. Trump created more debt than any president in history of USA . But the same exact tax law will be different this time around. 😂
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@davidgill3356 More deficit has accumulated under trump admin than any other potus in history of this country. It’s hilarious how the right blames everything on the dem president but now that it’s Trump he can’t control anything. Gas is up, stocks down, inflation up, eggs unaffordable, Putin in trumps pocket, tariffs incoming, USA is becoming isolated, tax cuts for the upper class at the expense of poor and middle America, unconstitutional gutting of US agencies, Elon bought his government position, trade wars … I can go on… Worst potus in modern history
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@RecoveringUGrad nope. I was replying to someone (not you) who said trumps tax plan increases revenue when we already know from 2017 he created more debt than any POTUS ever in USA .
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