Trump's amazing tax cuts Trump's amazing tax cuts
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    Default Trump's amazing tax cuts

    Three cheers for the down trodden middle income Americans struggling on salaries of less than than $1 million.

    Trump celebrates 'amazing' tax cuts | The Independent
    Last edited by BlasterBates; 21st December 2017 at 11:23.
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    Quote Originally Posted by BlasterBates View Post
    Three cheers for the down trodden middle income Americans struggling on salaries of less than than $1 million.

    Trump celebrates 'amazing' tax cuts experts say will most benefit wealthy Americans | The Independent

    Typical remoaner thinking.

    If you’ve bothered to read other stories you’ll see companies like AT&T are giving all staff a 1k bonus, Wells Fargo, Comcast and Boeing are going to give all staff a pay increase and others have agreed to spend 100Ms building new plants.

    Trickle down. Genius!
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    The Chinese staff at Boeing's new factory will well pleased with their pay increase.

    https://uk.reuters.com/article/uk-bo...-idUKKCN1C13DE
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    The question is whether these tax cuts will stimulate economic activity sufficient to raise the total tax take enough to offset the tax cut. If he doesn't do this, he imposes a deficit and increases the national debt, something that will have to be paid off or inflated away in the future.

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    In juggling the trade off between making the rich richer or the poor poorer, Trump has managed to do both.
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    Successive UK governments and HMRC could learn a thing or 2 from the US tax system.

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    Quote Originally Posted by BlasterBates View Post
    Trump's amazing tax cuts
    Merry Christmas everyone....!


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    Quote Originally Posted by ChimpMaster View Post
    Successive UK governments and HMRC could learn a thing or 2 from the US tax system.
    Indeed. Retrospection is illegal.

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