Comments by "whyamimrpink78" (@whyamimrpink78) on "WATCH: Trump Brags About Keeping Carrier Jobs In America" video.
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edymasta
And workers earning around $30/hr. Consider this, 1000 workers earning $50,000 a year. With 1000 employees at 6% SS tax rate that is 3,000,000 dollars for SS. So already half of that $7 million out of SS alone.
Ok, now federal income tax rates. At 25% of $50,000 is $12,500,000 a year. We are also not including property tax, medicare and medicaid, local taxes and so on. Sure, the company gets a tax break which means they get to keep their money (they are not getting a dime in tax dollars). And more wealth is generated.
This is a prime example of how tax cuts increase revenue.
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