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Re: Buckey post# 171131

Friday, 04/17/2020 10:43:03 PM

Friday, April 17, 2020 10:43:03 PM

Post# of 222153
? ...it's political tripe. The so called source is here:

https://www.whitehouse.senate.gov/news/release/whitehouse-doggett-release-new-analysis-showing-gop-tax-provisions-in-cares-act-overwhelmingly-benefit-million-dollar-plus-earners

The bs story seems to leave out what reality is. There is no windfall. Apply actual math to these figures in said release...just a quick short:

-43,000 individual tax filers covered by one of the provisions would see their tax liability fall by a combined $70.3 billion

-82 percent of those who will benefit from that provision make $1 million or more, with 95 percent making over $200,000.


You can't see the bs in said so called release? Let's look at that again..extracted from said art':

"According to the JCT, 43,000 individual tax filers covered by one of the provisions would see their tax liability fall by a combined $70.3 billion in 2020. The JCT analysis shows nearly 82 percent of those who will benefit from that provision make $1 million or more, with 95 percent making over $200,000."

Care to decipher that math? What is actual is that 95% will gain a $200,000 tax break out of 43,000 extremely wealthy individual tax filers. At least...they are saying such. Same old poor manipulative writing.........just sad.



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