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nexus1g
ABC News
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Comments by "nexus1g" (@nexus1g) on "Americans could see tax bill impact in early 2018" video.
Marq, working people (< $100,000 a year) may see anywhere between $50 to a few thousand extra a year. There is a small segment between about $82K-91K a year single file that will pay about $4,000 more. Everyone else will be paying less than they currently do. Companies won't put this additional money into expanding business because that's not smart. However, if they buy back stock and pay out higher dividends using this tax break, therefore raising their stock's price, they can make a new PO which will give them many times fold what the tax breaks themselves give, but the tax breaks are what make it more readily possible to accomplish. The spending won't change, but it will increase the national debt. It's anticipated that after 10 years, the growth spurred by this tax plan will create tax income greater than the interest that will be paid on that amount.
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bravosix, because why should we tax them more?
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bravo, the middle class gets taxed about 25%. The top get taxed about 40%. How is that nothing by comparison?
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bravo, the first $418K is taxed 29%. It takes 450K to be in the top 1%. The marginal beyond that for Federal is 39.6%.
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PeeJay, if you're a single person making less than $9,520 a year, you get to keep $50 more of your paycheck. So... what?
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