As I’ll tell Kushner’s layer, let the buyer beware.
My dictionary of mathematics has that exact same photo under the entry “Latus Rectum.”
Has that Luntz-to-English translation capability been focus-group approved?
Why does the press never ask him about the Kansas effect? You know, “President Trump, the State of Kansas reduced taxes significantly and there was no great economic miracle. Instead Kansas had to close its schools early due to a lack of funds. How do you guarantee that doesn’t happen nationwide?” Was that so hard?
Trump will be the greatest President since Herbert Hoover. You remember Hoover’s promise, just before the Great Depression:
I vow to “Repeal and Replace” middle class wealth. You’ll love it. Honestly.
Um, unless you’ve been living in a cave, the closure of public schools is a feature, not a bug, of the Trump administration. If the new tax plans robs public schools of money it’s called a twofer.
Ok, Donald, let’s summarize: you’re going to give “massive” tax cuts to the middle class. You’ve already told us that working class people hardly pay taxes, so they’re out. You’re also going to give massive tax cuts to corporations. And we know that you want to give massive tax cuts to the wealthy. So basically, EVERYBODY gets a massive tax cut.
What are you gonna cut as a result, Donald? And don’t say you’re going to “grow” your way out, because that’s what Nixon, Ford, GHWB, and GWB all said, and it didn’t work… And don’t say “waste and fraud” because you’d have to be 5 years old to believe that. So… what’re you going to cut? The only two places where you can get that kind of money are the Military or Human Services (Medicare/Medicaic/Social Security). Which is it, Donald?
Bingo.
Yup. My first thought too.
Everyone was gonna have great healthcare and cheaper and better.
What’ve we got? Sabotaged Obamacare and a GOP with no answers. Thanks, Donnie.
It’s a little late for him to try to be perceived as credible, on anything.
"Trump Vows To ‘Cut Taxes Tremendously For The Middle-Class’
Rings just as true as all of his other promises. Hollow.
Lest we forget this totally staged photo op of Tramp and his alleged tax return. Please also note that the yuge stack still shows the neat separation of pre-packaged 500 sheet reams of paper.
It’s okay, they’re going to compromise by giving you neither.
Me personally, I’d gladly settle for enough income to hit the 39.9% bracket regardless of whether I got a tax cut once I got there.
Edit: I know we’re all grownups here, many of whom do their own taxes and most of whom caught this, but I just wanted to highlight this. The only cuts they’re talking about in this off the record chat are to the corporate rate and the elimination of the 39.9% individual bracket! The 39.9% bracket only applies to taxable income exceeding (this year) 418,401! That’s taxable income, not gross or AGI.
One would assume that if they were considering giving relief to people who don’t hit that bracket, they would have mentioned it. Instead, they’re saying they’re going to double the standard deduction. Which is, of course, another way of saying they’re going to eliminate at least the state and local tax deduction (because only blue staters pay state and local taxes yuk yuk yuk) and they’re probably still planning to eliminate the mortgage interest deduction.
This entire news conference and the attendent leaks were brazenly, openly directed to assuring the oligarch class, and only the oligarch class, that they were forging ahead on the all important job of cutting taxes on the oligarch class and that they are now so beholden to the oligarch class that the certainty of opposition from traditional special interests, like home builders, means nothing to them.
My tax cut will be the biggest one ever for the middle class! YUGE!
I truly believe that’s his real return. The stacks are too big for 500 page reams, unless they’ve been fanned out, and you can see the staple separation.
When you do business through a network of nearly two hundred single asset pass-though entities, you end up with a lot of schedules and all of the K-1’s from each of the entities become exhibits to your personal return. Normal people don’t print them off.
I’ve had many clients and litigation opponents who did business through a dozen or so single-asset passthorughs and revocable trusts. Their federal returns ran to about five hundred pages and their state returns, filed in each state where they did business, roughly tripled the paper. For Trump, who literally had more than two hundred entities (the better to screw your creditors, my dear) set up, that’s about the stack I would expect. And there is no way to make the returns of someone who chooses to do that simpler without inviting massive fraud.
This reminds me a lot of that paper McCarthy used to wave while claiming he had the names of umpteen communists in the state department in his hand and it turned out to be a laundry list.
Maybe he will counterfeit money in the basement of the White House?
Maybe. Still looks completely fake and staged to me.
Tremendously empty.