Re:US Income Inequality: All for the Top 1%
by KZeillmann on Tuesday August 22, 2017 @10:45AM
(#15072882)
It's literally in the preceding paragraph. Notes about how the proposed healthcare law was essentially a transfer of wealth from the poor to the rich, how the proposed tax cuts mainly benefit the richest Americans, and plans to cut school funding.
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Re:US Income Inequality: All for the Top 1%
by tomtemplate on Tuesday August 22, 2017 @11:38AM
(#15073450)
"how the proposed tax cuts mainly benefit the richest Americans"
Did you gather this view from reading the tax reform?
Re:US Income Inequality: All for the Top 1%
by mcguire on Tuesday August 22, 2017 @12:17PM
(#15073856)
"If you are single and earn less than $25,000,...
you will not owe any income tax."
In 2016, if you were single and made $25,000 your tax was $3290. The standard deduction for singles is $6300. Is there a trick here?
Re:US Income Inequality: All for the Top 1%
by KZeillmann on Tuesday August 22, 2017 @03:48PM
(#15075750)
End of the estate tax, end of the AMT, moving the top tax bracket from 39.6% to 25%, to start.