You know what??? God is so full of mercy. Yes…He…Is! He let them make televisions where we can see the people…but, we can’t reach them. And, I truly thank him for that. Because if televisions were made where you could reach out & touch someone…I would be sitting in jail right now. I know I would. Because, when I watched tv yesterday & heard what Donald Trump was up to regarding his tax plan…I wanted to reach through that tv & smack the “hell” literally out of his dumb ass. Now you & I know that, in most instances, Jesus does not condone smacking. So, please…pray for me…because I’m about sick of Trump. Anyway…
Donald Trump released his tax plan yesterday. Yeah. You see…he’s been saying for months that he was going to provide more details about the tax plan he would implement if he becomes President. The media has been bugging the hell out of him to provide the details. Soooo…Monday was the big day. He released a tax plan that he describes as amazing, simple, easy, fair. Here’s how his wonderful plan breaks out.
Trump’s tax plan promises massive benefits for “wealthy” Americans. Donald Trump wants to reduce the top income tax rate from 39.6 percent to 25 percent, cut the tax rate for the largest corporations from 35 percent to 15 percent, lower the tax rate on stock and bond profits, and entirely eliminate the estate tax only for the estates of dead millionaires. Oh…I’m not finished yet. Also, his plan would increase the incomes of the top 1 percent of taxpayers (super rich) by 21.8 percent, while those of the lowest-income Americans would rise by only 1.4 percent. Sooo… the people who need to make more money, just to survive, would only benefit by 1.4 %. O.k…in real dollars that would mean that if you make $ 20,000 a year…you would get a boost to…hold your breath…it’s coming…hold on… $ 20,280.00. WHOOPI!!! Yes, you would benefit by getting a whopping extra $ 280.00 for the year. Monthly…that would be $ 23.33. I know… just enough to buy poison…to kill yourself. I told you he has no shame. Now…let’s see how much of an increase in yearly income a rich person would get under Trump’s tax plan. In real dollars, if you make $ 1,500,000 for the year…your income would increase to $ 1,837,000. per year. That is an increase of $ 327,000.00 per year.
So you see…if Trump has his way…the rich get richer & the poor stay poor. And, guess who benefits the most under Trump’s plan??? The super rich. Yes…the gains from the cuts would disproportionately benefit the super rich. And, guess who is included in the “super rich” category??? That’s right. Donald Trump. No wonder he thinks his tax plan is “amazing.”
Now, to add insult to injury…under Trump’s tax plan, the national debt of the country would increase by 75% over a ten year period. In dollars…that is $12 trillion dollars. That’s insane. But, you know… in an interview on 60 minutes on Sunday, Trump seemed to say that his plan would pay for itself. He said it would do this by growing the economy rapidly. Not so. Think about it…the tax plan can’t pay for itself & at the same time…put us in more debt to the tune of an extra $ 12 trillion dollars.
“Golly…Surprise…Surprise!” Really…people. Did you expect anything else? Trump lies like a dog & only does whatever he does…including trying to be our President…to benefit himself. He tries to talk a good talk, but…don’t be fooled by a devil.
Iris Whiting ©
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