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Reply to "Trump voters getting tax shock and regretting their votes"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Just got our #s from our accountant. We will pay $50k less under the new system compared to the old. $50k! Which is great. But we are not the people who need to pay less. This is not good on a macro level. [/quote] 45% people pay zero or even negative income tax. It's really tough to help them pay less...[/quote] Not sure of your point. My point, since it blew over your head, is that we are high income and got a pretty big benefit from the changes. Which is great on an individual level. But terrible on a macro level where people like us need to pay more (or at least the same) to support government programs. A huge and growing deficit is not good. It is pure stupidity that we are paying $50k less. [/quote] At a macro level, the best government program ever is to have a great economy and full employment -- which we have as a consequence of this tax reform, smartly primarily aimed at corporations, not individuals. Now, if you want to spend that $50k, nothing prevents you from hiring a publicist and launching a coalition of folks who want to donate more to good causes. [/quote]
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