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Honored Social Butterfly

Doofus doesn't comprehend how Trumpcare is not Tax Break for the Wealthy

   The IQ of Donald should be questioned if in fact one believes him when he says that he is so totally engaged in the Trumpcare legislation and simultaneously doesn't comprehend how that same legislation would be considered a tax cut for the wealthy.      (CNBC)

 

    About 45 percent of the benefits from the Republican health-care bill's tax cuts will go to households making $875,000 or more, according to the analysis by the Urban Institute and the Brookings Institution's Tax Policy Center released Monday. That group would see an average rise in after-tax income of about 2 percent, versus a 1 percent increase for the lowest 20 percent of households and 0.4 percent for middle-income Americans.

 

     Warren Buffett made an appearance on Charlie Rose and brought along his tax documents for 2016.    He had his peeps redo his tax calculation based on the Trumpcare tax reform legislation.   He would receive an additional $679,999, or over 17% of my tax bill."     http://www.businessinsider.com/warren-buffett-on-republican-healthcare-bill-bcra-or-trumpcare-2017-6

 

     Calling Donald stupid or disconnected from the Trumpcare bill is probably the nicest words that could be said about him regarding this issue.  

 

      

PRO-LIFE is Affordable Healthcare for ALL .
Honored Social Butterfly

Now let's see--the idiot praised the original House bill as "wonderful, wonderful." Ryan pulled the bill.

 

Next, after Republican Congressmen, intent on commiting political suicide, passed the "death care bill," the idiot threw a party in the Rose Garden, publically praising his stooges.

 

Then, we hear that the idiot calls the bill "mean," and a "sob." (abbreviation mine). Later, we hear he wants "a bill with heart", but continues to speak about what a "great" bill the Republican Senators are working out.

 

Today, he tells the world that work on the bill is "going well," which, of course, it is doing anything but.

So, my question is this.  Does anyone really think the idiot president had a clue what was in the House bill?  Remember, this fool refuses--or can't read-- anything longer than a page long.

 

Does anyone think he had a clue what the Senate was working on, even if told?

 

Does anyone think the idiot has the cognitive ability to comprehend anything on a higher level when read or told verbally?

 

I SURE DON'T, AND HIS WORDS AND ACTIONS PROVE IT.

 

 

Gee, I miss having a real President!!
Honored Social Butterfly

    Apparently repeating oneself over and over is the best the donald supporters can do.   Their concern about the general welfare of the country is non-existent.    They have spent much of their lives listening to RW evangelical nonsense that fuels their rage / hate against anyone who is not just like them.    As a reminder, the evangelical "leaders"  tell these folks that they people "deserve" wealth- if only they donate to their higher ups and they just prey / pray hard enough.    To them white wealth is their cover for hatred and racism.  

PRO-LIFE is Affordable Healthcare for ALL .
Honored Social Butterfly


@afisher wrote:

   The IQ of Donald should be questioned if in fact one believes him when he says that he is so totally engaged in the Trumpcare legislation and simultaneously doesn't comprehend how that same legislation would be considered a tax cut for the wealthy.      (CNBC)

 

    About 45 percent of the benefits from the Republican health-care bill's tax cuts will go to households making $875,000 or more, according to the analysis by the Urban Institute and the Brookings Institution's Tax Policy Center released Monday. That group would see an average rise in after-tax income of about 2 percent, versus a 1 percent increase for the lowest 20 percent of households and 0.4 percent for middle-income Americans.

 

     Warren Buffett made an appearance on Charlie Rose and brought along his tax documents for 2016.    He had his peeps redo his tax calculation based on the Trumpcare tax reform legislation.   He would receive an additional $679,999, or over 17% of my tax bill."     http://www.businessinsider.com/warren-buffett-on-republican-healthcare-bill-bcra-or-trumpcare-2017-6

 

     Calling Donald stupid or disconnected from the Trumpcare bill is probably the nicest words that could be said about him regarding this issue.  

 

      


Warren Buffett makes his money on capital gains which had a 3.8% increase (thank you Mr. Obama) so his comment was correct.  Has Obama NOT raised the capital gains taxes for upper middle and higher incomes, Buffett's comment would not be valid.

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Recognized Social Butterfly


@NOTHAPPENING wrote:

@afisher wrote:

   The IQ of Donald should be questioned if in fact one believes him when he says that he is so totally engaged in the Trumpcare legislation and simultaneously doesn't comprehend how that same legislation would be considered a tax cut for the wealthy.      (CNBC)

 

    About 45 percent of the benefits from the Republican health-care bill's tax cuts will go to households making $875,000 or more, according to the analysis by the Urban Institute and the Brookings Institution's Tax Policy Center released Monday. That group would see an average rise in after-tax income of about 2 percent, versus a 1 percent increase for the lowest 20 percent of households and 0.4 percent for middle-income Americans.

 

     Warren Buffett made an appearance on Charlie Rose and brought along his tax documents for 2016.    He had his peeps redo his tax calculation based on the Trumpcare tax reform legislation.   He would receive an additional $679,999, or over 17% of my tax bill."     http://www.businessinsider.com/warren-buffett-on-republican-healthcare-bill-bcra-or-trumpcare-2017-6

 

     Calling Donald stupid or disconnected from the Trumpcare bill is probably the nicest words that could be said about him regarding this issue.  

 

      


Warren Buffett makes his money on capital gains which had a 3.8% increase (thank you Mr. Obama) so his comment was correct.  Has Obama NOT raised the capital gains taxes for upper middle and higher incomes, Buffett's comment would not be valid.


The issue is that Buffet still pays a lower overall percentage of taxes on his income than his Secretary does.  Anyway you look at this, it is a tax break for the rich at the expense of everybody else.

Honored Social Butterfly

sp362--RE: BUFFETT-- You are absolutely correct, SP.   Warren Buffett has long decried the fact that his secretary pays a higher interest rate on her income than does he.  It's unethical, and he has often said so--LOUDLY! 

Because he is a REAL BUSINESS MOGUL, Buffett understands these things, unlike trump.

Gee, I miss having a real President!!
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@sp362 wrote:

@NOTHAPPENING wrote:

@afisher wrote:

   The IQ of Donald should be questioned if in fact one believes him when he says that he is so totally engaged in the Trumpcare legislation and simultaneously doesn't comprehend how that same legislation would be considered a tax cut for the wealthy.      (CNBC)

 

    About 45 percent of the benefits from the Republican health-care bill's tax cuts will go to households making $875,000 or more, according to the analysis by the Urban Institute and the Brookings Institution's Tax Policy Center released Monday. That group would see an average rise in after-tax income of about 2 percent, versus a 1 percent increase for the lowest 20 percent of households and 0.4 percent for middle-income Americans.

 

     Warren Buffett made an appearance on Charlie Rose and brought along his tax documents for 2016.    He had his peeps redo his tax calculation based on the Trumpcare tax reform legislation.   He would receive an additional $679,999, or over 17% of my tax bill."     http://www.businessinsider.com/warren-buffett-on-republican-healthcare-bill-bcra-or-trumpcare-2017-6

 

     Calling Donald stupid or disconnected from the Trumpcare bill is probably the nicest words that could be said about him regarding this issue.  

 

      


Warren Buffett makes his money on capital gains which had a 3.8% increase (thank you Mr. Obama) so his comment was correct.  Has Obama NOT raised the capital gains taxes for upper middle and higher incomes, Buffett's comment would not be valid.


The issue is that Buffet still pays a lower overall percentage of taxes on his income than his Secretary does.  Anyway you look at this, it is a tax break for the rich at the expense of everybody else.


The tax code is designed to encourage people to invest in stocks.  For most of us in 2016 (and until further notice), the tax rate on long-term capital gains is 15%, while those in the top bracket pay 20% and those in the 10% or 15% tax brackets pay 0%. So, as you see, Buffett pays 20% since he is in the top earner bracket.  If this preference were dropped, why would one take any risk at all with little to gain with the ordinary income rates?

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Honored Social Butterfly


@afisher wrote:

   

 Calling Donald stupid or disconnected from the Trumpcare bill is probably the nicest words that could be said about him regarding this issue.         


Calling Donald stupid or disconnected could be said about him regarding most ALL issues!

DUMP TRUMP AND DITCH MITCH TO MAKE AMERICA GREAT AGAIN!!!
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