InvestorsHub Logo
Followers 30
Posts 2394
Boards Moderated 0
Alias Born 06/13/2011

Re: rooster post# 275412

Saturday, 12/02/2017 11:47:01 AM

Saturday, December 02, 2017 11:47:01 AM

Post# of 483148
Now you understand how collusion works but you need some schooling on how this tax cut works. The deficit goes up $1-1.4 TRILLION, corporations and the wealthy get most of that money. The middle class gets anywhere from $10-$20 per week for ten years and then your taxes go up and you have to pay that back and more. (don't spend that all in one place.)

Grabber and his family's get a tax cut of $1 Billion total after 10 years.

Corporations will have a yearly share buy back program when their tax cuts begin. That will benefit shareholders not the working class. Because of the profits companies are making now, CEOs have been getting raises and bonuses but after this tax cuts will be getting bigger bonuses.

If you're one of the richest people in the US you should be thrilled. If not, not so much.

I'll probably be dead in 10 years but good luck paying down that new deficit!

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.