Talk about fake news most scrutinised president ever my arse that would be 44 get out from under that rock you have been living under.
America was great before, it's just that too many in our country became entitled and forgot what made this country, investment in ourselves. We don't have the luxury of being the only major industrial power after a world war anymore, competition has stepped while too many Americans are still talking that "back in the day ****".
This was business tax cuts. You know the same establishments that employee people so they don't have to take government handouts
Nice assumption, too bad it isn't contained in the legislation. When, in a few years and the sunset provisions are set to kick in, the deficit is unmanageable, the tax cuts for regular people will expire while those for the wealthy were made permanent. These are merely facts, while you posted nothing but your assumption about what might happen.
Because it makes sense to do so. If you expect to earn more interest from whatever you invested your cash in than you will pay as interest on a loan, you take out the loan just about every single time.
Of course it makes sense. Remember chemistry and limiting reagents? That's what I see here. When a major company wants to invest and 'create jobs' the limiting reagent isn't the cash reserves. If the demand in the market shows that any investments will produce the desired revenue, they are willing to take out 100+ million dollar investment loans. So the whole notion that throwing money at corporations will 'create jobs' is just a shitty false premise based on no precident. Companies expand based on the demand in markets, not their tax savings or cash reserves.
The Orange Duce then convened a bi-partisan meeting at the WH, which was broadcast on live TV, to discuss immigration reform In the meeting, Senator Feinstein asserted that we need a clean DACA bill now; to which Trump replied " i have no problem w that", https://www.vox.com/2018/1/9/16870060/trumps-immigration-meeting-congress-daca-explained a clean DACA bill would restore protections for > 700,000 undocumented immigrants against deportation you just cant make this up; it was on live TV
http://dailysignal.com/2017/10/18/rich-pay-fair-share-numbers/ - The top 1% pay 39% of federal income taxes in the US. - The top 1% consist of about 892,000 individuals making about $480,000.00 or more. - The top 10% pay 70.6% of federal income taxes in the US. - The bottom 50% only pay 2.87% of federal income taxes in the US. It stands to reason that the top 1% are getting the biggest break. - On top of the standard low income tax deduction the “Child Income Tax Credit” was raised so that group of low income people that have been getting back more than they send in will now get even more back. None of that is shtick just statistical facts. For the record, I’m not Democrat or Republican, I consider myself non-partisan. Partisan politics are destroying this country IMO but that is a different subject. BTW, were you as worried about adding National Dept when President Obama passed the “Affordable Health Care Act”?
You are being highly disengenous . First, the new tax cuts from the bill that just passed gives 40% of all the tax cuts to the top 1% and note that the entity of people in that top 1% are currently HOLDING on to the most accumulated wealth in human history so please tell me why they need a tax cut? Second, it makes sense that the top 1% provides 39% of tax revenue when the top 1% own 50% of all wealth and capital in this country? Why leave that very important contextual fact out when ststig what percentage or reveune they provide? And increasing federal spending to people who actually need it such as elderly people who have been capped by their insurance because they use it too much because God forbid someone who is 60 becomes diagnosed with some type of cancer is a lot more forgivable than placing a 1.8 trillion dollars larger hole in our annual defecit for a group of people currently holding on to the most wealth in human history. Hey, maybe with our crumbling infrastructure and public education system, I think it's pretty rational for me not to want to give a **** ton of tax cuts to a group of humans that have accumulated the most wealth ever. Pretty reasonable if you ask me.
Yes, they are getting the biggest tax break because the only taxes being cut are those which primarily affect the wealthy. We could easily give tax cuts on the taxes which impact the poor and middle class more heavily, but that wouldn't benefit the wealthy Republican donors and as such, won't happen.
