4 ms·
I am not in the 1% and I had a substantially reduced tax bill from the tax cuts. The perception that they only benefit the 1% is propaganda. It’s also patently
by briandear 7y ago
I am not in the 1% and I had a substantially reduced tax bill from the tax cuts. The perception that they only benefit the 1% is propaganda. It’s also patently false.
- notadoc 7y agoMy tax bill went up, as did many other people I know. I assume a large number of people in high tax states had a higher bill due to SALT changes amongst others. > The perception that they only benefit the 1% is propaganda. It’s also patently false. The primary benefit went to the ultra wealthy, not surprising given lobbying. You can write off the cost of a private jet, for example. https://www.economist.com/leaders/2019/03/07/private-jets-receive-ludicrous-tax-breaks-that-hurt-the-environment https://www.economist.com/leaders/2019/03/07/private-jets-re... https://www.businessinsider.com/private-jet-trump-tax-bill-deduction-for-richest-people-2018-3 https://www.businessinsider.com/private-jet-trump-tax-bill-d... But what did you save? $500?
- marricks 7y agoI mean I got 50 dollars back a paycheck too but some how the top 1% grew their wealth by something like 30%... that 50 bucks did not have the same effect on me somehow.
- deleted 7y ago[deleted]