How would Trump's tax cuts for the rich help anyone but the top 1%?

How would Trump's tax cuts for the rich help anyone but the top 1%?

Other urls found in this thread:

discord.gg/YRrM4hb
donaldjtrump.com/positions/tax-reform
en.m.wikipedia.org/wiki/Estate_tax_in_the_United_States
youtube.com/watch?v=Rksd80-FCAw&feature=youtu.be&t=191
en.wikipedia.org/wiki/Omnibus_Budget_Reconciliation_Act_of_1993
armstrongeconomics.com/international-news/north_america/2016-u-s-presidential-election/trump-taxation/
politifactbias.com/
youtu.be/KKTJp8I8CaE
youtu.be/froTxqKSqc4
youtu.be/pz2rDRbSqFw
en.wikipedia.org/wiki/Estate_tax_in_the_United_States
twitter.com/NSFWRedditImage

It won't. Cred Forums is the most easily deceived board on Cred Forums.

No Trump zealot will answer this honestly. They're all self-cucked into believing they will benefit from his policies.

Fight the good fight anons
discord.gg/YRrM4hb
discord.gg/YRrM4hb
Get in on this m8s

>babbies first b8 thread didn't get many (you)s

sad

Cred Forums is a bunch of kids who've never inherited anything in their lives. Not surprising. If I had children, and one was autistic, I can't trust the autist to manage his inheritance properly and my stuff goes to the normal sons and daughters.

Or no one has a coherent response and MAGA is an empty slogan. Hillary is a fuck but she at least has coherent and realistic policy platforms.

They did back when the lowest would pay no taxes. Now anyone under 75,000 pays 12%. So the poorest end up paying more (from 10% to 12%) and the next bracket, which goes up to 37,000 will pay slightly less. most people here will get a few extra hundred bucks a year, if that. Meanwhile more of the wealth will just go to where it's always been going since the 80s. trickle down economics will finally work this time, Trump guarantees it.

Wow CTR out in full force today.
>How long has it been since youve beaten your wife, Mr. Trump?

Theyre across the board tax cuts, shill. Everybody gets them
>sage

Incentivize American businesses to stay in America, in theory. If the Laffer curve is real, then perhaps also increase government revenue.

trumps taxes will lower taxes for the middle class

literally yesterday hilldog said she wanted to 'follow the money, we are going to raise taxes on the middle class'

/thread

sage

Look at the other tax brackets. Saged

>Theyre across the board tax cuts, shill.

>10% to 12% is a cut

I think Trump has the right ideas that Globalism is causing wage stagnation but lowering the taxes on the rich certainly isn't the right step in fixing the problem.

sage goes in the options field

Fuck off CTR. Around here we require evidence to back your claims
Sage

Let me ask you how you think tax revenue would increase your wages

Small businesses that are struggling to get by due to raises and endless hurdles of regulations will have more freedom.

It'll also take the ease off trying to start a business as well.

Incentivizing creating jobs in America.

You have to incentivize businesses operating in America, retard. How is this hard?

Worst thing about Trump is that he wants to eliminate inheritance tax. It's hard to say exactly how much wealth is transferred through death every year, but it is a megafuckton.

Inheritance should be taxed to hell.

Kicking the illegals out of the country will already do wonders for our tax dollars as it stands.

Unless of course you enjoy paying for Miguel's healthcare.

I would save a few thousand bucks per year

>it's on his actual website

donaldjtrump.com/positions/tax-reform

>Taxable income: Rate
>Less than $75,000 12%
>More than $75,000 but less than $225,000 25%
>More than $225,000 33%

Today, if you make 0-9,000 you pay 10%, and from 9,000-37,000 you pay 15%.

They would help me a fuckload and I'm not anywhere near the top 1%. Just a single male with an engineering job and no debt.

The government can create jobs and increase welfare benefits so more money is spent.
Ok and how are any businesses going to thrive when the Fortune 500 companies get large tax cuts and don't have to pay their workers fairly?

>kicking millions of people out

yea thats gonna be real cheap and whos gonna pay for it???? who???? believe me folks believe me. 100 percent they will, they dont know it yet but they will believe me.

Fun Fact:

Any changes you make to help the poor will invariably help the rich, and by a greater amount.

I learned that from EVE.

It's odd, I've watched plenty of documentaries about the 20s, 30s, and 40s and the people were super grateful to the government for jobs and government benefits and liked unions. The rich have done a good job tricking the populace into thinking that any government is bad and they need to funnel more money to the top, then it will FINALLY leak down. A lot of "right wing" presidents back then would be shitposted and called libcuck if they tried to run these days.

>The Trump plan will increase the standard deduction for joint filers to $30,000, from $12,600, and the standard deduction for single filers will be $15,000
The current deduction is $6,300. Hes doubling that. But I wouldnt expect you to understand what that means, since liberals dont pay taxes.

Its a simplification so people stop using deductions (which would now be limited to $100k) to drop tax brackets as a loophole to paying less. Its actually harder on "the rich"

It lowers my tax.
Hillary will raise mine.
Why should I vote for Hillary? Go ahead, i'll wait.

So youre saying that removing money from the economy, putting it through the inefficient government machine and then spitting it back into said economy will raise wages? Then why havent wages rose dramatically under Obama? He spent more tax dollars on government funded jobs and welfare than any other President ever

It's not that Trump is a good presidential candidate, it's just funny.

The bar is so low for him that everyone realizes he will be terrible and nothing will actually get passed.

Because Obama is a corporate shill, he might as well be a conservative (and is in non-retarded American politics land) with some left-leaning social policies.

You mean big government Democrats use the tax money they steal from the economy to line their donors pockets and pay back the people who put them in power? What does that have to do with conservatism? Conservatism is about small government, for this very reason

Trickle down actually originated as an anti capitalist joke.

Something to the effect of "feed the horse, and the horse will feed the birds" Implying the birds eat the horses shit, for the Trumples out there too stupid to understand.

My point being, trickle down has never had any philosophical or economic foundation, it is complete and utter nonsense and anyone pedalling it is simply letting you know they are a fucking moron, and can be safely ignored.

So you are saying trickle down economics doesn't work because you will just use ad hominem to prove them wrong?

Theres no such thing as "trickle down." Its a phrase Democrats coined to fool people who werent alive at the time into thinking Reaganomics didnt work. The 80s and early 90s were the single greatest period of economic growth in U.S. history

That is exactly what the conservatives do as well, you simpleton.

The system is the problem, not one particular political party.

How people are still under the illusion politics isn't universally corrupt in CURRENT YEAR is beyond me.

Show me the conservatives doing this. I can show you Democrat after Democrat who is. Conservatives by definition cant do this since they lobby for SMALLER government and hence less money to steal

They won't. It's just the same trickle-down piss repackaged, and Trumpfags are down on their knees, licking their lips, and waiting for their golden showers. It's going to be a long wait.

People will just move their assets offshore or unto trusts before they die you moron.

Australia has no death tax and it's a good thing.

>work hard your whole life
>buy home
>pay it off
>want to give home to your kids when you die
>kids can't inherit house cause they need to sell it to pay the death tax

You are a Fucking Jew and you know it.

What the fuck are we being raided by idiots?

Inheritance is the single biggest tool of generational upward mobility. Better tax it to hell so everyone stays poor!

So are you the kid? Am I supposed to feel sorry for you?

Kids can work hard their whole life, buy home, pay it off, die.

They can work less hard if mass amounts of wealth transfer tax free.

Need a simple example?

Imagine simpleland, in simpleland it costs $10 to buy food, pay rent, and deal with bills/taxes, Etc, each month.

>Two men live in simpleland Henry and Tom

>Henry earns $10 a month.

>Tom earns $20 a month.

>Tom is able to buy holidays and presents with this extra money and still put $5 in the bank every month.

>Henry lives pay check to paycheck

>Now imagine Tom has his taxes reduced, so now he only needs to pay $9 a month.

>Tom already earns enough money to get by and spend $5 to buy all the holidays and presents he wants, so he now puts $6 in the bank every month.

This is the reality of "trickle down" the money trickles into a wealthy man's bank account.

Now imagine if Henry instead got the tax cut.

>Henry is now able to spend $1 a month on holidays and presents, not as much as Tom, but Henry's kids now feel less resentful to their father as they have some of what Tom's kids have.
>And Henry's wife stops fantasising about fucking Tom.

So under "trickle down" no-one lives are changed.

Under the socialist alternative, we improve Henry's life dramatically.

>tfw liberals literally want you to be poor forever so you need their handouts

>Inheritance is the single biggest tool of generational upward mobility.

That's the problem right there.

Bunch of sloths.

He isn't making the middle class pay more what are you talking about? Hilary literally wants to tax the middle class more you fucking shill.
I actually don't even know what the message in this post is supposed to be. Kill yourself

You know he's cutting everyone's taxes right?

>rich people "put their money in the bank"
Confirmed for dirt-poor boxdweller. Go to /biz/ and dont come back till you understand economics

So handouts from the gummint and handouts from daddy aren't the same thing?

Holy fucking shit you are beyond cucked.

Literally every conservative president ever.

Trump even donated to Hillary in the past for favours.

What mental circus do you have to navigate to come to the conclusion he couldn't possibly do/be doing just that now?

Lol, I remember when he said he will bring the coal jobs back to places like West Virginia. The coal business is getting smaller and there won't be any more people doing the jobs since machinery has taken over the coal industry. Not only that, but Trump's tax plan is going to destroy those out of work in West Virginia.

FPBP

This

Are you fucking stupid? everyone across the board gets a lower tax ergo not just the 1%. BTFO faggot

>personal property
>handout
Lick more boots faggot

So you would be poor without inheriting your parents wealth?

our taxes?
for once our taxes will go to something useful

HE PLANS TO CUT TAXES FOR EVERYONE YOU DUMMY

Trickle-down economics. Cut taxes for the rich create jobs. It worked with Reagan.

KYS CTR FAGGOT

"Everyone ever" isnt an example. Give me examples or fuck off loser. Trump donating to Hillary isnt the same as a politician paying out his buddies. Thats literally what Hillary did

So daddy's stuff is your stuff? You deserve it?

Wow, what an incredibly, overty NEET comment.

How much have you made on securities this year, Trumple?

I would bet my life the answer is nothing, further, that you are dirt poor.

So if trump can buy Hillary but Hillary can't buy trump what is bad about trump buying Hillary?

That is a blemish on Hillary not Trump.

Ofc he does. And at the same time increase the estate's revenue trough the use of magic and sorcery. In this case its good deals and great negotiations, because hes the best.

Our politicians also abide by that during election time.

well you sure dont

Inheritance is how upward mobility happens. Its rare that someone becomes rich in one generation. It takes decades

Compared to you that wants everyone to be dirt poor with your socialism?

You really can't grasp why people support him do you? Is it because you are a bigot?

You do know the inheritance tax is only on people inheriting more than like 2 million dollars right?

You do know that is like

that wasn't even an argument, you just said how hilary said something shitty, not how donald is actually working in favor of the middle class

>I hate rich people
>Now show me how rich you are or I wont listen to you
Fuck, liberals are stupid

>So daddy's stuff is your stuff? You deserve it?
If that's what he chooses to do with it, yes.
You are, in fact, a faggot.

Im just gonna go ahead an guess that no one here is an economist.

There is more to taxation than the income tax of the "99%".

No, its not. But thanks for correcting the record

Didn't need it or want it. Left the donkey race at 29.

>'"Tim Kaine Admits Hillary Plans to “Stick it to White People” Says “Whites Need to Submit”'

Thanks for fucking the record!

Because his tax plan specifically states that he's lowering taxes for every bracket.

I will vote for anyone who lowers my taxes.

I swear to god you people are actually retarded. FLAT TAX OF 15% FOR LLC

This does not just help the top 1% this is a YUGE tax cut for most small businesses.

We're being raided by r/economics_deniers/

Everyone will get a tax cut! It will just help some more than others. (Guess which individuals will benefit the most?) Then we'll start slashing those pesky entitlement programs we've been paying into, but surely the scraps from the tax cuts will be more than enough to keep everyone distracted and okay with it. There's only a limited amount of time left to keep robbing the middle and lower classes before there's nothing left to steal. That time is now! The dumb fuckers will be begging to work for peanuts after it's all said and done.

>trickle down economics will work this time
I cringed when I read that. You're fucking retarded

Everything Trump has said so far has indicated he will raise taxes on the rich. So I guess shills are BTFO

>Socialism makes people poor.

Wow, you are a NEET of you believe this idiocy.

Paying 40% tax doesn't make me poor, I'm still incredibly wealthy, live in the best suburb in Melbourne surrounded by Movie stars and other such fuckwits.

What it does is many things, least if which somewhat equalise buying power, lowering the cost of essential items and services whilst paying for healthcare, infrastructure and social programs. All of which work to reduce public instability and promote wealth growth.

>robbing the middle and lower classes

There is literally nothing left to steal from them. No savings, no equity, no retirement, nothing.

He even plans on breaking up the investment banks and reinstating Glass-Steagal. Hillary is the banking and corporate candidate, everyone knows this

Capital in the Twenty-First Century,

I'd recommend it to you but there aren't many pictures.

>the rate of capital return in developed countries is persistently greater than the rate of economic growth, and that this will cause wealth inequality to increase in the future.

the fact that you're still trying to guess his policies is kinda worrying

most trump supporters actually dont give a fuck about his policies. they dont care about this economy plan, healthcare you name it.
but they do get a big nice hard on when trump says "deport illegals" in hope that this is a first step to make a white america.
p.s
and they also believe that they would actually win a race war

I thought the idea was to cut out all the loop holes so the rich are actually paying 25% instead of 5%?

>He even plans on ... reinstating Glass-Steagal

holy shit this is true

Hating rich people has nothing to do with it, the main issue the left wing has, is massive corporations evading tax, and damaging their local economies and societies in the process.

All the genuinely rich people I know are socialist, which would imply my first statement is true.

That doesnt disprove anything I said about upward mobility.
>back to redit

Decades of wealth consolidation at the top tends to do that.

Lol and then they vote for Obama who takes trillions if tax dollars and pays out his donors. Hilarious

Fuck off shitskin.

If Socialists are serious about this, they should vote Trump for reasons. Hillary is clearly the Wall Street and corporate candidate, just look at her donors. Trump has literally zero corporate donors

see, perfect example being displayed by cleetus.

Trumpers like trump because he'll be the first president that doesn't despise them.

Sure, most people are too stupid to be anything but a donkey.

And honestly, I could give a fuck about the 200k house your parents own that puts a twinkle in your eye.

The real problem is that massive estates transfer hands with virtually no taxation.

Talking about income tax is also hilarious. Wealthy people don't earn incomes.

You mean Americans like Trumo because he'll be the first president who doesnt despise them. You globalists went way too far lately

because wealth will trickle down.

You just have to work harder good goy!

/thread fpbp

No, they should leave America or simply not vote.

No change either way.

Your country is fucked, for now. As is mine.

Why do family members transferring property between each other in a manner that completely does not affect you in any way without paying government their cut to use to payoff corporate donors make you so mad?

Think of it this way, when we kick all the illegals out and bring our manufacturing businesses back, two things are going to happen.
1. The Manufacturing jobs opening up will generate more revenue because more people will be working and earning money.
2. When people earn money, they spend it. Which, yes WILL make the rich richer but the poor won't be hurting as much since there will be more people's paychecks sharing the load of taxes and less people cheating the system. Everyone is happy.

"Bu-bu-bu- Muh agricultural, landscaping, and housecleaning jobs that we white people don't wanna do!"

Well, what about em? Any immigrants who are here LEGALLY can be paid a fair and livable wage now doing these jobs? Why is this concept so hard for liberals to understand?

Basically, we will market it as this. "HEY, you Nigger, you want that fancy watch and new iPhone? You can do a retards job and get it!"

hey buddy

Taxes on living people can be lower if we raise them on dead people.

Not sure what is to guess here. He specifcally said on CNN he was going to use "tax cuts for the rich" as his sacrificial lamb to get tax cuts for the poor and the middle class.

(socialists thinking the world owes them something intensifies)

I hope most people realise that laissez faire economics is the ultimate Jew

Nope. Youre taxing the inheritee. And you and me both know taxes dont lower on one group if they go up on another. Officials need all the money they can get to payoff donors to keep them in power

I'd save 1-2k/year and I'm only in the top 5-10%

Sounds good to me.

Exactly. I should be able to transfer billions to my kids tax free while you work for $.725.

Preserving my billions is the critical issue of our time.

>tax cuts for the rich

You didn't even give his plan a cursory glance.

>lives in Melbourne

Why am I not surprised that a socialist is from Melbourne and brags about being rich.

I can't wait for the beans to believe your socialist nonsense and then come for you, rape your wife, take all your shit then shoot you in the neck in a shallow mass grave in the forest.

That's real socialism.

Who gives a fuck, we have bigger problems.

>Nope. Youre taxing the inheritee. And you and me both know taxes dont lower on one group if they go up on another. Officials need all the money they can get to payoff donors to keep them in power

So the inheritee deserves that money? Why?

>and bring our manufacturing businesses back
And how the fuck is that going to happen?

I thought half of Cred Forums was libertarian. Whats with all the faggots here that want more taxation?

>tax cuts for the rich

you mean tax cuts for everybody, right?

What you Mongols seemingly can't realize is that illegals don't take high paying jobs. They take the shitty jobs that nobody wants to do. In a way they make it so Americans can get higher up jobs. Kick all the illegals out and you have a serious shortage of blue collar workers. Unemployment being at 4.9% means there aren't a ton of people to fill those spots either.

>How people are still under the illusion politics isn't universally corrupt in CURRENT YEAR is beyond me.
this

Why do you think you deserve rich people's money?

The correct answer is that in most normal voluntary economic transactions, both parties get a value surplus.

You buy a toothbrush for $1.00, but the value receive might be $1.10. You just got $0.10 for free.

The manufacturer put $0.90 into the toothbrush, but it's worthless to him unless he sells it. If you buy it, you also gave him $0.10 for free.

What if he tries to sell it for $1.15? Is he cheating you? If it's not worth it to make your own, then no. If yes, you can get rich by going into business and undercutting him.

A millionaire might have $9m gross expenses, but he's turned that into $1m EXCESS value. At the same time, he's basically thrown $1m of free value into the street, and you've picked it up. Kinda like giving 100,000 people $10 each.

This is why quality of life increases in capitalist countries. It's because everybody is adding a little bit of free value to everybody else. Higher taxes cause a chain reaction of missed opportunities for surplus value.

"The latest estimate shows Clinton’s economic plan would add $200 billion to the national debt over the next decade, while Donald Trump’s would add $5.3 trillion – or 26.5 times as much as Clinton’s – according to a new report from the nonpartisan Committee for a Responsible Federal Budget (CRFB)."

AND he wants to dump more money into the bloated military budget? How does this not make our deficit explode?

hey portubro how ya been

The inheritor deserves the money more than the fucking federal government because the person who generated the wealth in the first place intended to have it used to further his family/inheritor. Literally pissing on graves for the benefit of niggers, miliniggers, politicians, and corporate welfare.

>my current tax rate for 2016 is 25%
>Trump's proposed tax rate for my bracket is 12%

It only helps da wun percen fuccboi; don't yall know he a rayciss? Hol up, u be sayin. Ayo, hol up hol up, you be sayin dat rayciss cracka wanna take away our food stams? Dees kids need they fruit loops, they love they fruit loops.

Because it's his/hers. Leftists have no respect for personal property, the most basic of rights

Keep in mind this is already on top of the $9 trillion that is already baked in due to retiring baby boomers.

>The cumulative deficit projected for the 2017–2026 period is $9.3 trillion.

No, but its ok I'll be a Billionaire someday. MAGA!

These retards think the unemployment rate is 40%.

Exactly. I don't see how it can possibly work.

When Obama took the throne there were 12 million unemployed Americans. Good to see hes employed all of them and 3 and a half million jobs are lying around

You're dumb, and you don't make sense 8^)

>most trump supporters actually dont give a fuck about his policies. they dont care about this economy plan, healthcare you name it.
>but they do get a big nice hard on when trump says "deport illegals"


RIGHT SO THEY CARE ABOUT HIS POLICIES

YOU FUCKING MONGOLOID

Poor people will pay 0%

based obama leaf??

people want to believe the country is shit to justify their racism and prejudice

Right now the way taxes work it's better for businesses to keep their base of operations outside of America in a place with low corporate taxes. That means that the billions they earn are never taxed at all, so despite having high taxes they don't really achieve the goal of earning revenue for the government since there are no corporations to tax.

Trump's plan would allow businesses to remain in America and get taxed by America and not some foreign nation they're using as a tax haven.

Well, you need to understand the concept of a simpler tax code, making it inefficient to hire teams of tax lawyers to haggle your taxes down as low as 3%. Yeah it'll make the rich only pay say like 25%, but now the rich will ACTUALLY pay 25% as opposed to paying 3% because of the tax teams.

Its about widening the tax base. It was a concept Milton Friedman talked about often, its pretty interesting I suggest you look into it HillShill

CTR thread
Massive amount of shills detected

wealth consolidation

For the sake of capitalism wealth needs to be redistributed.

You haven't been posting here for weeks. I was afraid you got permabanned.

God to see you. I kinda of missed you

Downplay criticism by calling everybody a shill. Typical Trump supporter.

Also because they hate America so they lie about it and shit all over it.

That sounds really smart to me, why do Hilshills keep saying his tax system will increase the deficit and shit? If more companies that weren't paying any or very little taxes before are now paying taxes, how does that equate to a loss?

It's me.

No I took a break from this place because it's so obviously infested with Russian Pro-Trump shills.

I've been btfo right wing retards on Reddit lately.

I've still been lurking here. But haven't been very engaged.

Did you see the big news with household median income? Biggest jump on record. THANKS OBAMA!

Not everyone who has questions is a shill. Closely examining the policies your potential elected representatives is healthy for democracy. You, sir, are the real shill.

>If an asset is left to a spouse or a federally recognized charity, the tax usually does not apply. In addition, up to a certain amount varying year by year can be given by an individual, before and/or upon their death, without incurring federal gift or estate taxes:[2] $5,340,000 for estates of persons dying in 2014,[3] $5,430,000 for estates of persons dying in 2015,[4] and $5,450,000 (effectively $10.90 million per married couple) for estates of persons dying in 2016.[5] Because of these exemptions, only the largest 0.2% of estates in the US will have to pay any estate tax.[6]

>en.m.wikipedia.org/wiki/Estate_tax_in_the_United_States

Feed yourself to the crocs, dickcheese.

Reddit is also infested with this annoying drumpfkins? SAD!

>Did you see the big news with household median income? Biggest jump on record. THANKS OBAMA!
>Hurr Durr it was fake!!!!!

Well, for their argument to work it assumes that the companies are paying the huge tax rates they're charged at now. But as I said, they arent paying that rate they're wrestling it down with loopholes, tax havens, and tax teams.

Its just a general ignorance of how revenue collection works. Typical of the Hill Shill to be pushing a narrative that can be disproved by math.Kind of like how they say women and men get paid differently even though its been proven they dont.

I'm going to have to update this graph.

>median
Lmao and we're the shills

>A FUCKING LEAF

Tax cuts for the rich help everyone.

Yeah but they're much easier to destroy and they have to at least follow the rules of the subreddit.

It's really disgusting here how much Trump voters hate America.

This truth chart always triggers them tho

...

A leaf knows more about the Us than most people on this board

Yeah, this is why family farms aren't a thing anymore. Monsantshill

you do realize that Bill didn't just magically increase wages. It was the Republican Congress with the policies of Reagan that took full effect under Bill.

Then Bill passed that great deal called NAFTA which took its toll under Bush, along with the housing market crash which was also caused by the Clinton Administration with the "Affordable Housing Act".

Isn't it funny how everything the government gets involved with becomes more expensive and less equitable?

You don't like median household income now?

>dollar amounts
>not percentages
How much does David Brock pay you?

They actually believe it.

WE

Truth hurts doesn't it? Why is Trump cutting taxes for millionaires and billionaires?

It's because he's globalist scum and you worship him for it.

If you cant see the flaw in posting median as opposed to mean income youre probably a liberal

Thank you. For people who don't understand what this man is saying, if you made less than 15,000 a year you wouldn't have to pay any taxes under trumps plan. God bless

>he thinks there will be jobs without rich people

...

Ill correct your record again, you don't think that graph shows a disproportionate cut to the wealthy because they, you know, collect the most income? This graph also takes into consideration that the top "1%" pays the draconian rates theyre supposed to, which they dont...
As I explain here: Jesus christ, its shilly in here

Dad deserves to decide what to do with his money that he earned, yeah.

LOL AHAHAA WRONG AGAIN RETARD

youtube.com/watch?v=Rksd80-FCAw&feature=youtu.be&t=191

Clinton inherited a "depression" from Reagan/Bush and turned it around with tax hikes on the rich.

en.wikipedia.org/wiki/Omnibus_Budget_Reconciliation_Act_of_1993

Previously the top individual tax rate of 31% applied to all income over $51,900. The Act created a new bracket of 36% for income above $115,000, and 39.6% for income above $250,000.[2]
Previously, corporate income above $335,000 was taxed at 34%. The Act created new brackets of 35% for income from $10 million to $15 million, 38% for income from $15 million to $18.33 million, and 35% for income above $18.33 million.[3]
The 2.9% Medicare tax had previously been capped to apply to only the first $135,000 of income. The cap was removed.
Transportation fuels taxes were raised by 4.3 cents per gallon.
The portion of Social Security benefits subject to income taxes was raised from 50% to 85%.[4]
The phaseout of the personal exemption and the limit on itemized deductions were permanently extended.
The AMT tax rate was increased from 24% to tiered rates of 26% and 28%.[5]
Part IV Section 14131: Expansion of the Earned Income Tax Credit and added inflation adjustments.

It'll keep them from fleeing the country and taking their money with them, you fucking retard.

November will be awesome. Will you be here or in Reddit for the election?

I just saw now, is election night in Tuesday to Wednesday night? I will have to skip classes...

Post the percentages shill.

The truth is that his proposal almost triples the standard deduction, saving low and middle income tax payers a huge percentage of what they pay now

Trump say lower tax middle class. Hillary say raise tax middle class. Trump better heap big chief.

This kid thinks that policies show their full affects strictly during the short 8 year full term of a president.

Im so sick of "baby's first political discussion time" on Cred Forums, I could really get myself to think more efficiently on Reddit at this point.

>he forgot about panama papers

No you're right I don't deserve. Dindus from syria deserve to buy federally subsidized poisonus weed with it. You're right

actually it has been proven that human nature will use any extra money they get to save and keep it for themselves

they dont get a tax cut and say FINALLY I CAN GIVE A RAISE TO MY EMPLOYEE or HOW CAN I DONATE THIS TO A CHARITY OF MY CHOICE

no they take it all and they upgrade their car and their house and their savings accounts

and what this does is keep all the money cycling amongst other rich people... when they buy these luxury items.

this is another myth on Cred Forums that rich peoples money is always out invested and creating jobs automatically ... its not true

in as far as your money in your bank account is "creating jobs"

You can't always count on right wing retards falling for the same old trickle down meme. Every fucking time.

Republicans cut taxes for millionaires and billionaires and you love them for it.

Why is Trump cutting taxes for millionaires and billionaires at a time of debt and deficits?

It's because he's globalist scum and you worship him for it.

Because the top 1% of Americans do not make their money from wages and already don't pay income tax.

12 years of Reagan./Bush left America in a depression according to Trump.

youtube.com/watch?v=Rksd80-FCAw&feature=youtu.be&t=191

His tax plan cuts everyone's taxes at every level of income.

Let's finance white genocide instead!

CAN

No one pays their nominal tax rate. They find ways to shelter it, get tax credits, etc.

Look at the Clinton's chartiable giving. It is to the Clinton Foundation. they are getting tax breaks to basically give them selves money.

Trump's cuts also come with the elimination of a lot of credits and deductions on the rich.

Clinton started the bubble economy. Look at any S&P 500 chart. And literally no one thinks Reagan created a depression. You do know there are actual definitions of recession and depression right? Growth under Reagan hit 15% in ONE QUARTER ALONE. His worst quarter was 4.1%. Obamas best quarter is 4%, worse than Reagan's worst. Pathetic

I'm already tired of these retards. I dunn how you do it. They literally think it's a good idea for Trump to explode the debt and deficit to cut taxes for millionaires and billionaires.

These retards are fucked.

My head hurts already.

when you cut taxes for the poorest tax tier, how does that help the 1%?

the fact is that Trump's plan decreases taxes across the board, it just so happens that it doesn't discriminate on a curve, so you see the greatest benefit the more money you make.

and why wouldn't you? When you make more money, that means there is more money to be taxed, more money that can be borrowed, more money that can be lent.

Why would any society reward people for contributing almost nothing? More important than taxes are what the taxes are used for. Trump is the only person in probably I can ever remember using the words State's Rights.

that is a large cause of our over bloated federal money pit.

His tax cuts extend much beyond the 1%.

The 90s began with Recession during George H.W. Bush's presidency. NAFTA was a Republican piece of legislation opposed by a majority of Democrats in office.

Clinton took office and signed off on NAFTA believing all the hype. He got snookered.

Most of the growth during his Presidency was the result of the internet bubble.

Housing bubble was deregulation championed by Republicans and signed off on by Clinton.

Oh, and you're right. Republican run government policies are overwhelmingly bad for the country and good for a few.

You have no idea what you are talking about.

- Accounting Phd user

Oh we're going by GDP growth? Wonderful! Democrats win again!

NO BUT DUDE, I HAVE A GRAPH THAT SHOWS WHAT A PERCENTAGE MEANS

The Bernout salt still persists to this day and it is glorious

no, hes making them pay more than they are now by making it cheaper for them to fork up the money rather than hire multi million dollar tax lawyers to haggle it down.

Look up Milton Friedman "Why tax reform is impossible", he explains a lower tax rate being good for overall revenue collection.

Friedman sums it up really well, give it a listen Leaf, maybe youll learn something.

Obama doubled the debt from $9 billion to $20 billion, not Trump

May I live to get "snookered" as thoroughly as Bill.

Fuck off you're an awful troll

>income tax stops people from saving money
>we should just raid peoples homes, to make sure they're not keeping money in there untaxable safes

Jesus fuck get a grip this is useless. IMHO income tax should be replaced with a graduated sales tax where necessities are taxed at zero percent, and the less of a necessity something is the higher it is taxed, into infinite. Want to buy a ridiculously useless luxury car? 300% percent tax rate. Want to buy a minivan for your your family, healthy organic vegetables? nothing. Does this not show the fallacy of simply increasing income taxes hoping for magic?

Exactly. Giving tax breaks to the rich has been a failed policy for 30 years now.

BUT, there are tax cuts that might help the economy. Corporate tax cuts actually need to happen. We have the highest corporate taxes in the world. But to recoup those lost taxes, the higher income tax brackets need to be pushed up and capital gains taxes for the rich need to be increased.

His policy is to lower all tax brackets you retard

cut on business tax helps everyone?

businesses dont pay a tax, they just pass it to a consumer or to employees

Funny how all they agree on are the policies that fuck the middle.

Trump loves the 666 hand sign!

No. They lose. Terribly. Reagans worst quarter was 4.1%. Obamas best is 4.0% to put it in perspective, Reagan's best was 15%.

Ask literally anyone over the age of 40 what the best economic years were, child. 80s and early 90s. Within 2 years of Clinton leaving office, his policies had sunk in and we entered recession

>blaming the republicans

when half the democrats foamed at the mouth for NAFTA. that is a convenient story you've woven there. NAFTA was agreed upon for entirely different reasons, but it was a Bush initiative (the proto globalist shill) not at all a product of Republicanism or Conservatism. Perot was very much correct about it.

those other guys had deductions, nobody actually paid 94% tax rate

GDP growth is easy to fudge. Has about as much connection to the economy as the stock market.

Both can go up, but things can still be shit for most people.

Warren Buffet pays himself a wag of $1 a year so he doesn't have to pay income tax. He makes his money from Capitol gains which is taxed separately from wages.

Raising and lowering income tax literally doesn't effect the top 1% of wealth holders.

Hillary's plan
>Take in as many donations from big banks and corporations as you can
>Scratch their backs when it comes to taxes and policy time
Implying anything is different

pack up, the leaf autist is here again

There are actually studies that say if you reduce taxes on the rich they will actually pay them instead of using every loophole their team of accountants can find.

muhh fee fees is not an argument. Trickle down economics do not work. You can't produce a single case in which tax cuts to the rich turned out successful policies

armstrongeconomics.com/international-news/north_america/2016-u-s-presidential-election/trump-taxation/

>Quoting sick hillary's twitter
Lmao fucking leaf

Literally just an "ok" hand sign, do you not know what that is?

>has his made up chart full of fake numbers BTFO so he resorts to this old red herring
It's called a progressive income tax shill. The top income brackets pay the highest rates so any across the board cuts benefit the people in the highest brackets the most. That doesn't change the fact he's cutting everyone's taxes.
I'm not even going to argue with a fucking loser shill leaf that posts 100+ replies per thread because he has no life.

thats too complicated it would never work

we have enough problems and an entire industry of tax return places just for 1 stupid tax form for 1 thing

lol

lets not forget most of his true wealth is offshore or in investments.

no democrat can explain how to actually get at this money outside of forcing Americans to keep it here or enticing them to keep it here.

Trump is just sucking Grover Norquist's dick. Larry Kudlow's too.

Are you using a random word generator to write your posts? You're not even responding to his point.

What exactly would a "succesful" tax plan even mean?

You ever notice how chart anons never reply to the posts that prove them wrong? Time to do the big boy thing and just admit you were wrong, it will make you feel better

The person who left that money to them earned it, paid taxes on it, and through their will chose what happens to it on their death. It's not the state's money, they should have no claim on it.

Put yourself in the position of someone who has some wealth and kids. Realize you want your kids to get what you worked your whole life for instead of just handing it off to the state.

Fuck you and your phony "fact" checker site you cum-guzzling shitstain

politifactbias.com/

>You can't always count on right wing retards falling for the same old trickle down meme.

Under Reagan, median household income increased and poverty rates decreased, you lying sack of shit.

>argument error: false dichotomy
>expected 1 argument, received 0

No one is more pro-Israhell than Trump.
Trump has made massive contributions to Israhell.
Trump has tremendous love for Israhell.
Trump has Jewish family.

----------

youtu.be/KKTJp8I8CaE

So you're okay with croaking and having your money go to Obama instead of your parents?

>liberals speak out against corporate greed, big banks, and "trickle down"
>nominate the corporate-funded, Wall Street candidate who has a history of selling out her government position to the highest bidder
Liberalism really is a mental disease, isnt it?

i was just going to ignore him since he's a JIDF agent. but i wish you luck.

Trump should immediately recognize the tremendous advantage of being the first to eliminate the Marxist era income tax to free the people of economic slavery once and for all. When the American Revolution said NO TAXATION WITHOUT REPRESENTATION, it also incorporated no borrowing or public debt. Why? Because by maintaining a public debt, we are now being taxed for past debt on a 70% interest payment that we had ABSOLUTELY no right to vote on at that time. This is TAXATION WITHOUT REPRESENTATION. We are taxed for the past — not the present.
I rest my case

What's still amazing to me is how many of you fell for the "right-wing" economics meme. How do you get racists to vote for you in a society where explicit racism is taboo? You sell them a worldview where that racism is coded in economic terms. How do you fund the politicians, lobbyists, pundits, and "intellectuals" to sell this racialized economic worldview? By making this worldview, when implemented in policy, one that not only speaks to racists, but also is beneficial to very wealthy elites.

Keynes was broadly, though not totally, correct.

The truth is we have no idea what Trump's tax plan is. Most of his policies, save for the explicitly Pat Buchanan inspired national ones, are designed to hold the Republican party together, i.e. keep the people who bought into the "right-wing" economics meme to stay in the party despite Trump foregrounding Nationalism.

We will only know once he gets in office whether he will charge into an internal party headwind with a more Nixonian economic policy is incoming, tariffs included, or if he will let history guide him to deepen the last 35 years of neoliberal policy.

This is what I am talking about.

Skittles.

It is not that the skittles meme is racist, or even that it would require 10,5 billion skittles to reflect the percentage of terrorists.

It is that fact that this kind of stuff convinces you.

1983's GDP was 7 trillion
2015's GDP was 16.5 trillion

4% of 1983's gdp is half of 4% of 2016 GDP

It is not that you compare apples to oranges as much as it is that this kind of stupidity actually convinces you.

It's an inescapable fact that if you can afford the privilege, you can get out of paying taxes. The richest people are already exempt from whatever tax rate we set. High taxes can only hurt the 99% because the 1% are immune.

yeah and?
a business has a lot more room to pay employees that $15 an hour wage if they don't have to pay that in tax

...

that would be /k/

what the fuck is the 15 to 18.33 bracket about?

Tell that to all the dead French at the Battaclan. Oh wait, you cant. Theyre dead. Fuck off liberal scum, we dont want your cancerous Islamists

>earnings should be taxed twice

I would be very surprised if he were able to do much at all, assuming he would do it if he could.

Trump at least has that wild card in his deck, we know for sure Hillary is going to do whatever Goldman-Sachs wants. You can say Trump is pro-Israel, its a little bit different than being owned by Rothschilds.

and not to forget that GDP growth by itself is meaningless. It could be due to a massive increase of immigration or government spending

5432115


Once upon a time, couples would have three to five children for that was their retirement. Family was everything. Then came Marx who effectively replaced the family with politicians. The family structure has declined steadily since the introduction of socialism. Children no longer save to take care of their parents for that is government’s job.
While some still tout that we are becoming over-populated, the number of children has been dropping remarkably. In China they implemented the one-child rule. That resulted in couples only wanting boys to carry on the family name. But daughters are typically those who take care of their parents zealously. China passed rules that the only child had to visit their parents. Now, the government is stepping in again and reducing the credit of adult children who do not visit their parents.
In the West, family size has fallen by about 50% from World War II. In Eastern Europe, the family structure remains intact only because people learned under communism not to count on the state for anything. In the West, people are living the dream — and that is all it is. They actually think government cares about them. This is why there is a new awakening we are watching with the manifestation of an new anti-establishment era.

It lowers the official tax rates, but simplifies they whole system. There is less "loopholes" for the 1% to use and abuse to get well below the current 38.5% or whatever it is. Basically, "here is your tax rate, fucking pay it, deal with it". This will also vastly reduce the IRS (tax funded government agency) so that those tax funds can be used elsewhere.

The rich, and corporations having a lower rate will also incentivize business and ability to produce more, therefore needing more employees. There is 2 trillion dollars of money that is just chilling in off-shore accounts that corps dont want to bring back to USA to use because it will get taxed so much. He wants to give them a one time chance to repatriate that money at a 10% tax rate I think? That should help.

>www.donaldjtrump.com/positions

t. Kek

Yes and then assuming we can get them to keep it here, they just use fucking shell companies, charities and subsidiaries to move their money around in the form of political investments.

Trying to get at their money is a losing game outside of making it easiest for them to just pay up on a flat rate or something.

The problem is if they actually had the balls to call Trump out on his shit, he might actually have to change his policies. Whatever though.

while i agree its a mess and the trillions we wasted on warefare is an abomination

but we do need welfare bucks in 2016 because theres not enough jobs and theres a lot of automation and globalization going on along with a concentration of wealth is already too far in favor of the rich to be solved

i support negative income tax

without loopholes

>i have no idea what inflation is
Talking to liberals is like talking to a 5 year old who just started getting opinions but doesnt actually know anything

You need to read your post over and over again until you understand what you said.

Businesses are taxed
They recoup this cost with lower wages and higher prices
Everyone is now harmed by the business taxes
Eliminating the taxes then is akin to helping everyone.

>government spending increases GDP

If you want to be taken seriously with that argument you shouldn't start by deferring to a common hand sign.

Adolf Hitler and the German People Fought Jewish Tyranny

youtu.be/froTxqKSqc4

I figured out why the leaf is mad

"The Fraser Institute has calculated that the average Canadian family now pays $34,154 in taxes in total, which includes all the “hidden” business taxes that are passed along in the price of goods and services. They have distinguished the visible and hidden taxes that would now equal 42.4% of the total average Canadian family income in 2015, which they have estimated at $80,593. The Fraser study estimates the average Canadian family spends $30,293 on housing, food, and clothing or about 37.6% of the family’s income. This will only get worse for politicians always know how to spend other people’s money while pretending they will somehow give them more, which never materializes."

TLDR; The average cucknadian pays more in taxes than they do for food

Obama leaf screencap this post quickly!

Fuck every single one of you donkey dick munching faggots. Here's the actual figures on Obama's record.

Hahahaha i thought he was making an argument against business taxes is he literally that retarded? I'm glad i spend more time on leddits the_donald nowadays than this backwards-thinking, lefty-filled, abominable hell-hole. It has not only helped me keep my sanity but made me more sane

>should be taxed to hell
So I have this inkling that a lot of leftists support high taxes, not for any economic or political reasons, but as a means of punishing people for having lots of money. Now when I accuse people of this they reject it as absurd on its face, but no discussion on taxes is without phrases like this.

Why should X be "taxed to hell". Or why "should" X be taxed at all? I thought taxes were an inconvenience we endure because of societal benefits, and is not meant to be a punishment.

Taxes, at least seemingly, used to be chosen based on: what would pull in enough money to cover costs, and what would inconvenience the fewest people in the mildest way.
Everything used to be payed for by alcohol taxes. Roads, police shootings, and illegal wars all used to be payed for by the people who voluntarily chose to drink alcohol at the current market price + a tax.

Truth be told, given that the US have more than 300 million people, to have both Hillary and Trump as their finest is a failure on itself.

Seriously, there is no one else?

The proof is in their cigarette and carbon taxes. They literally admit taxation is a punishment aimed at stopping certain behaviors, except of course when it comes to economic activity

You do it by making the taxes cheaper than all the hassle of laundering it.their only goal is to pay less money.

We'd actually get more money by lowering tax rates. Buthe the reason politicians and economists want that money back in America isn't to tax it but so it circulates in American investments. A billion dollars collecting dust in a bank vault actually does the economy good because the banks invest that money while you're not using it. But right now all that money is sitting in Bermuda or Guam making some child molesting miezer rich for doing nothing more than not taxing it.

A millionaire saving 100k in taxes does not in any way detract from the thousands that someone in a lower bracket will save, and get much more use out of. And those working whites are the least likely to receive any welfare benefits from that tax money thanks to our racist system. Liberals have a long history of throwing that money straight into a black hole.

You are so right.

Yes, and the behavior they are punishing? Not relying on the government for handouts

I like Trump because he's a patriot, and Hillary is a corporate pawn.

Former US Marine Ken O'Keefe Unveils The Truth About Adolf Hitler

youtu.be/pz2rDRbSqFw

You'd think there's be enough revenue generated from all these "finger wag" taxes that we wouldn't need to force people to work for free two months out of the year.

Funds are just very poorly allocated

Does upgrading their car and their house not create any jobs? I get your point. But just saying dude. Just slayin dragons

what are you talking about

If trump is a highly successful business man and one of the richest men in america.

How much better do you think he needs to be?

How does raising taxes on the rich improve my life in any way?

They'll give people jobs as they have always done since the dawn of civilization.

Taxes on things like soda, cigarettes, gasoline, alcohol, etc. It's become popular in the past couple generations to use taxes to influence people's decisions. Now aside from thinking all taxation is robbery, I'm not against social engineering.


The real problem with it though is that it actually works really well, but before that happens the government gets addicted to the revenue. Then after the behavior starts declining they suddenly run out of money and have to find a new thing.like to tax.

You can take comfort in the fact that while you toil in poverty, someone somewhere has an accountant that has to do a little more paper work.

When Reagan cut taxes we had a decade of strong economic growth after the severe recessions of the 1970s.

Spoken like a true goyim.

>Does upgrading their car and their house not create any jobs?

no it doesnt

the mexicans build the house for peanuts owned by a jews business

and the luxury car is bought from a luxury business with millions of dollars and they arent hiring

they got machines doing it and theyre trying to figure out how to use even less people every day to reap the same reward

so it just goes to another millionaire at the end of the day

I agree with you on gove finding new things to tax, see
I was actually referring to the two months out of a year thing

Are you fucking retarded?

fpbp

everything liberals do revolves around jealousy

so get rid of the mexicans, and the poor people can 3-d print themselves robots to never have to work again and accelerate them into luxury. Taxes slow that down

this is the truth actually

This is the biggest truth in the thread.
Tax cuts are a way of stimulating the economy. It's absolute nonsense to say that they dont do exactly that. Tax cuts are not a thing to do in economic boom times, because revenues are higher and give you the ability to cut later to stimulate in the down cycle.

One reason this down cycle has lasted so long is that Bush fired the tax cut bullets in comparatively decent economic times, leaving no ammo. It didnt help that Obama tried to tax his way out of a recession, either.

These Cred Forums people really are stupid.

Yeah that's how long you gotta work to pay for all of your taxes.

estate tax only affects inheritance of $5.45 million or more, which only affects 0.2% of the population

en.wikipedia.org/wiki/Estate_tax_in_the_United_States

eliminating the estate tax is nothing but a hand-out to the wealthy

Speak for yourself faggot. We gots som'a that change a comin'.

>tfw you can't even die without libshits wanting to take your money
Fuck off shill

It won't. Tax cuts to for the middle-class would do wonders, though.

More middle-class income = more demand = more incentive for business to try and go after that money... create more jobs, etc..

having said that... you need workers that are skilled to fill jobs.

so many people are simply unskilled/don't have skills that are worth much to businesses.

unless you have over $5 million the estate tax has literally no effect on you, you stupid fuck. try learning something about a topic before you speak trumptard.

that wont be a possibility until you can 3d print food and water and resources

which is impossible because you cant create matter last time i checked

the rich can still exploit the poor over the 3d printing materials. and all the worlds land and finite resources

there ultimately has to be a transfer from the rich to the poor NEGATIVE INCOME TAX

Having illegals do shitty jobs doesn't make there be more high paying jobs, just more Americans without jobs, causing more competition for them.

by the taxes being reduced on everyone else

...

Holy shit this guy is retarded.

Are you able to conceive the fact that inheriting an economy is more or less the economy you'll have during your presidency? Obama walked into office with the economy coming back into shape, and he earned all the glory for conservative policies.

That being said, Trump is going to have his work cut out for him.

>massive corporations evading tax
You mean the corporations that have donated millions to Hillary so they can avoid paying taxes?

And they don't tax the first $5 million.

It's literally a thing that affected .2% (1 in 500) of last year's deceased.

But let's be fair. It's not just Trumptards that don't understand these things. I doubt many people on the left do, either.

People, in general, are very stupid and uninformed.

Because hubris is has been proven in the Trump household. Not hammered in with 'appeal to authority' and 'bandwagon' fallacies.

Even if what you just said were trup, pic related, an equally valid interpretation is that a tax which only affects 0.2% of the population is discriminatory.
But let me guess: you just don't care because they're rich.

how does this make any sense?

Earn $74,000 a year, after taxes take home $65,120

Earn $76,000 a year, after taxes take home $57,000

And as a general reminder, liberals aren't good at logic or objectivity. Hard facts don't seem to retain with them whenever they don't agree with narratives and beliefs.

Fuck

Tell me: Why should we even give a fuck about paying lower taxes? Our education system is fucked. Our infrastructure is fucked. The only thing taxing does right is feul unnecessary wars, and give googles the incentive to sit on their ass all day and collect welfare checks.

Because if you make 74k you might still be a good person, but if you make 76k then you must be a poopyhead.

Dem's be in the white house yo.

And it really isn't all that good at those 2 things

We simply aren't getting what we're paying for.

>yea thats gonna be real cheap and whos gonna pay for it????

You put a remittance tax on and they'll self deport.

His tax plan objectively benefits me. Idgaf about the rich because I'm not a libshit who hates people for having more money than me.

replying for qt

>Even if what you just said were trup
it is "trup" you stupid fuck

>an equally valid interpretation is that a tax which only affects 0.2% of the population is discriminatory
no that is not an equally valid interpretation, and the fact that you think it is proves you are a fucking idiot

Hillary is trying so hard.

Won't it be amazing that all the political gain Bill got in term from the Dot Com bubble be the knife in the cake when those same Dot Com inheritors finally bring down the Clintons?

i would like to shake your hand my friend.
i also would like to shake your hand.

do you idiots not know how marginal taxation works? you have to be 18 years old to use this website you fucking trumpkids.

I can't stand spoiled brats who are going to have or already had inherited something of worth either, but I'm able to look passed my personal feelings on them and see that inheritance tax shouldn't exist.

How is a policy that affects only a minority of people, based on an arbitrary quality about them, not discriminatory?

He's just a lefty that doesn't like Hillary. For him its lose/lose.

So the government deserves that money? Why?

Poor people do not create jobs

If I have $10m and I decide to give it to my son, he receives $10m. If I die, and I willed him the money, all $10m of it, he receives >$10m.

Why?

Because I'm fucking dead.

You can't sue a bitch when you're dead.

because progressive taxation isn't arbitrary dumbfuck. it's based on marginal propensity to consume. or are you going to pretend that poverty is just a state of mind, and that taxing wealthy people and poor people at the same rate has the same effect on their qualities of life?

trumptards are all complete fucking idiots

demand creates jobs you retarded twat

Equally redistribute all/most federally owned land (that's a lot last time i checked) then get rid of all taxes. Maybe distribute the land equally only to people who own under a certain ammount of land/capital. Problem solved

>It's okay to tax people for dying as long as they have above X amount of money
>It's okay to tax people for dying as long as it doesn't effect that many people

wew lad, the shills are getting desperate

Just putting money in the bank is the absolute worst thing you can do to save your money, unless you like inflation eating away at your savings. If you've got a rich man's bank roll you're better off investing in pretty much anything. You guard against inflation and potentially make some on the side, which is reinvested. And that investment is a participant in the economy

Problem is all the anchor babies.

Maybe, but a even an electoral college victory for Trump means likely that the Republicans hold on to both houses. Also, please do not confuse yourself about who I am supporting in the election!

Assuming Trump is really the Nationalist we think he is, he will pursue a strategy that does a few things:

#1 Clean house in the Republican party. He must enforce party discipline above all else. As a transitional leader of a political party that just went through an internal revolution he must figure out ways to keep as many institutional Republicans in the party he now helms. This will also mean forcing some people out. If he can instill party discipline while only losing a tiny sliver of the party he will have the votes he needs.

2. Recognize what is irrelevant to his aims but important to his internal party enemies. Even after cleaning up the party and enforcing party discipline, he will need to have compromises in hand to give to those most politically distant from his positions that remain committed to the party. One simple example would be proposing trading a massive reduction of income taxes, which sells well to the "right-wing" economics meme crowd, in favor for a massive increase in the effective corporate tax rate.

3. Clearly define the new social policies of his Nationalist Republican party. This is probably his most difficult tax. To remain relevant electorally, he will need to soften, greatly, the perception of Republican participation in Christian fundamentalism. It harms his chances with educated city-dwelling whites, people he needs to turn to a form of American Nationalism. He can't stray too far away from fealty to Christian fundamentalism, however, because he needs to keep the religious factions of his party together. I expect with a Trump victory a "grand compromise" that leads the "moral majority" Republicans to accept the promotion of their policies only at the state level throughout deeply red-states, in other words a discourse shift away from national policies, and a new Republican normal of "all rights for citizens, regardless of their minority status or lifestyle."

Just the internal party dynamics alone make it necessary to wait and see before we find out what he actually does. It's entirely possible, sadly, that "the best people" he knows are just more Republican party long-termers and their intellectual lackeys and that his policies are just those Mitt Romney would have supported.

>#1 Clean house in the Republican party.
Under budget and ahead of schedule