Author Topic: Under Trump, nearly half of Americans would pay no income taxes  (Read 707 times)

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Under Trump, nearly half of Americans would pay no income taxes
« on: December 12, 2015, 12:39:27 PM »
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The Republican presidential candidate said nearly 50% of Americans would pay no income taxes under the tax proposal he unveiled Monday.
He would create a new 0% tax rate and expand the income bracket that falls into it to $25,000 for singles and $50,000 for married couples.
Trump's proposal says it eliminates tax liability for more than 73 million households and takes nearly 50% of current filers off the income tax rolls entirely.

"If you are single and earn less than $25,000, or married and jointly earn less than $50,000, you will not owe any income tax," Trump's proposal states. "That removes nearly 75 million households -- over 50% -- from the income tax rolls."

Video at http://money.cnn.com/2015/09/28/news/economy/trump-income-taxes/

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Re: Under Trump, nearly half of Americans would pay no income taxes
« Reply #1 on: December 12, 2015, 04:55:05 PM »
.... How's he going to keep the gov't afloat? Has someone taken 10 minutes to use 4 letter words to explain that bankruptcy is not a fiscal strategy in public life?

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Re: Under Trump, nearly half of Americans would pay no income taxes
« Reply #2 on: December 12, 2015, 05:05:00 PM »
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The Republican presidential candidate said nearly 50% of Americans would pay no income taxes under the tax proposal he unveiled Monday.
He would create a new 0% tax rate and expand the income bracket that falls into it to $25,000 for singles and $50,000 for married couples.
Trump's proposal says it eliminates tax liability for more than 73 million households and takes nearly 50% of current filers off the income tax rolls entirely.

"If you are single and earn less than $25,000, or married and jointly earn less than $50,000, you will not owe any income tax," Trump's proposal states. "That removes nearly 75 million households -- over 50% -- from the income tax rolls."

Video at http://money.cnn.com/2015/09/28/news/economy/trump-income-taxes/

More bullshit by you. We're already there. Been there for awhile. But if it makes you feel better keep doing what you're doing...

http://dailycaller.com/2015/10/07/in-2015-45-percent-of-americans-will-pay-no-federal-income-taxes/

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Re: Under Trump, nearly half of Americans would pay no income taxes
« Reply #3 on: December 12, 2015, 11:19:06 PM »
More bullshit by you. We're already there. Been there for awhile. But if it makes you feel better keep doing what you're doing...

http://dailycaller.com/2015/10/07/in-2015-45-percent-of-americans-will-pay-no-federal-income-taxes/

Trump's own words were "over 50%". 

We're currently at 45%.

So no, it's not bullshit.  Sorry.   50 > 45.

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Re: Under Trump, nearly half of Americans would pay no income taxes
« Reply #4 on: December 13, 2015, 12:54:03 AM »
I imagine with all the refundable tax credits, 50% are already paying nothing but getting some money (redistribution of wealth)

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Re: Under Trump, nearly half of Americans would pay no income taxes
« Reply #5 on: December 13, 2015, 03:32:06 AM »
Trump's own words were "over 50%". 

We're currently at 45%.

So no, it's not bullshit.  Sorry.   50 > 45.


Math > Coach

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Re: Under Trump, nearly half of Americans would pay no income taxes
« Reply #6 on: December 13, 2015, 10:28:50 AM »
Trump's own words were "over 50%". 

We're currently at 45%.

So no, it's not bullshit.  Sorry.   50 > 45.


Hahahahaha, thinking 5% actually makes you more delutional. If you want to split hairs that much we could always say that number could go either way.

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Re: Under Trump, nearly half of Americans would pay no income taxes
« Reply #7 on: December 13, 2015, 11:23:34 AM »

Hahahahaha, thinking 5% actually makes you more delutional. If you want to split hairs that much we could always say that number could go either way.

No.  Currently 45%.  Trump promised 50%.  We're talking about 300 million people.  So a rise of 5% doesn't just "go either way" on a macro level.  The fact that you went out of your way to point out the 45% number with your own link - and suddenly the numbers dont matter once you see they don't support your narrative - that's right out of saul alinsky.

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Re: Under Trump, nearly half of Americans would pay no income taxes
« Reply #8 on: December 13, 2015, 12:31:29 PM »
No.  Currently 45%.  Trump promised 50%.  We're talking about 300 million people.  So a rise of 5% doesn't just "go either way" on a macro level.  The fact that you went out of your way to point out the 45% number with your own link - and suddenly the numbers dont matter once you see they don't support your narrative - that's right out of saul alinsky.

Not going to argue with anymore. Figure it out.