Bad Bob wrote:
https://www.yahoo.com/news/m/80a75449-3899-3242-9f64-feca23104707/gop-tax-cuts-have-gotten-less.html
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No wonder the party taking the poll is NBC. This is a democrat/liberal tentacle. It's jobs are negating all the positive accomplishments of president Trump. NBC is a weapon of the democrats to destroy president Trump.
Or in the worst case scenario, democrats are so dumb to assess that the Tax Bill is just 3-1/2 months old. PELOSI IS SO STUPID. She is already vilifying the president's Tax Cut, when results are not yet in. Therefore she is plain STUPID, along with the democrats. This is the period when we are still in the process, until the end of the year. How could you get results when you are at the middle of this great performance?
WE can measure the effects of this tax cut at the end of the 2018. This is the period when companies and businesses are able to present the performance of their business via Income Statement, their balance sheet, and net worth. Usually they have yearly comparative analysis of those statements, analyzing the trends of their businesses. They compare results with the prior year. Variances are analyzed. I am sure revenue and profits will be higher in 2018.
I am sure that most companies will be in the positive trend due to low 21% corporate taxes, and are able to expand their operation by hiring more employees.
Likewise for individual taxpayers, all Middle Lower Income, retired seniors, and all those in the lower income brackets, will not pay any taxes for this New Tax Bill.
For the Higher Middle Income tax payers, most will be paying higher taxes.
In addition, at the end of the year, due to low unemployment, therefore more people work, IRS will be collecting more for SS, and Medicare payments. This will add a lot to the bankrupt SS and Medicare. They will then become sustainable.
Fiscal year-end of the Federal Government starts Sept. 1, and ends on Oct. 31.
For 2018, the US Treasury, could not yet measure the growth, because Dec. 31st to April 15th of the following year, is the period when people and businesses pay their income taxes.
Likewise, due to higher employment, in 2018, more people will be paying Federal Income Tax. That adds up to our US Treasury. How about that stupid Pelosi and stupid liberals and democrats?