Cutting taxes is antiTea party? Getting rid of send my job to another country agreements (aka Free Trade deals) are antiTea party? Getting rid of regulations is antiTea party?
Congress has forced spending....that is not Tea partyish.
Tea Party is about TAXES....so just what are you talking about that President Trump has done?
This post was edited by my2cents at August 15, 2018 3:12 PM MDT
The only thing Trump cut besides that gas out of his sphincter, is a lie told to sway the silly.
Yes, the WEALTHY profited like there was no tomorrow.
How did you profit? I heard you had this nifty increase in something around TAX TIME. That is definitely proof of nothing but a fast-talking, moron set to lay the con at your feet.
And the feet of America.
We do not have a thriving anything and he does not have thriving polls. And despite what you think, the only thing that is going to save us, is if we we do well in the Mid-Terms. Otherwise we will be forced to watch the world fall apart and you having a life-raft the size of a shoebox floating down the river of no tax return and still defending him as we all go down in flames.
And you don't have any idea that trusting in my words being true is your only hope. The more money he steals, the more PUTINESQUE and POWERFUL he becomes and the more useless you become. Do you think Russia's citizenry likes Putin? They hate the murdering DICTATOR.
I wonder if you know a thing about Russia and it's history of what it has done against this country and democracy. I wonder if democracy even matters to you since it does not matter to Trump. I wonder. As long as Trump gives you a grand or two extra a year, who needs Democracy, right?
It's just a few kids that got lost who tried to get in the country. You know. That's it. The rest? They sat in terror in cages for a few months. No harm done at all.
Even without the Republican tax cuts, United States banks would have made $49.4 billion in the first three months of 2018 alone. But thanks to their reduced tax bill, they got an extra $6.6 billion, bringing in $56 billion in total. And there are plenty of signs the banking industry’s tax-bill boom is on track to continue — take Bank of America, which saw its tax bill fall to $1.7 billion in the second quarter of this year from $3 billion last year, a 43 percent drop.
It’s not a bad time to be in the banking industry, and the GOP tax bill has made it even better.
The legislation, passed in December, cut taxes for most Americans, including the middle class, but it heavily benefits the wealthy and corporations. According to estimates from the Center on Budget and Policy Priorities, the top fifth of earners get 70 percent of the bill’s benefits, and the top 1 percent get 34 percent. The new tax treatment for “pass-through” entities — companies organized as sole proprietorships, partnerships, LLCs, or S corporations — will mean an estimated $17 billion in tax savings for millionaires in 2018. American corporations are showering their shareholders with stock buybacks this year, thanks in part to their tax savings.
The banking industry has been a major winner in all of this. The tax cuts have reduced what they owe the federal government significantly. (To be sure, there are multiple other factors boosting their earnings as well — the sustained strength of the US economy, for example, and rising interest rates.)
Sen. Ron Wyden (D-OR), ranking member of the Senate Finance Committee, this week released a report examining the ways the tax bill is delivering a boost, specifically, to Wall Street and the banking industry. The report points to the Federal Deposit Insurance Corporation’s (FDIC) estimates that the some 5,606 banks it insures made $56 billion in profits in the first quarter of the year alone, with some $6.6 billion of that amount being owed to the tax cuts.
My sales are up....last was best in 20+yrs. This year is better than last. My taxes increased....because my income increased. I believe taxes are not the government's money, it is the people, businesses money that the government takes.
my2cents 