>12%, 15%, 20% Brackets with a possible 4th for wealthy. >20% Corporate Rate >25% Pass-through (small business) Rate >Several deductions removed for simplification >10% One-Time Repatriation of overseas corporate profits
Like the top 1% of earners. Trump didn't specify, but he's leaving it open for later discussion.
Even the cruel billionaire Trump says he will not lower taxes for the very most wealthy.
Oliver Powell
it'll be income brackets just like we have now except 3-4 instead of 200 or however many, don't think there are hard numbers yet but it'll likely be >$500,000 annual income per household
Liam Nguyen
BUY Bitcoin now!!!!
Bentley Morris
w-wait, what deductions have been removed? asking for a friend
Leo Sanders
Wat what?
Low in come bracket is fucking %33 here. High income is like 55%
I hate Europe.
Christopher Collins
The document is 9 pages and is not technical, it is just an overview of the general idea for the bill. Very easy to read. The real bill will come next week, and Republicans are working out the details until then.
Jeremiah Jenkins
Look at the link I provided, it's a very short read.
LMAO but, but you get all those benefits in society, right? And you have roads and better schools than we do!
Austin Morales
Take that socialists!
Leo Cook
What country are you referring to? Is it about the same as other European countries, or more/less?
Ayden Howard
Hahaha fucking idiot if you think this shit will pass hahaha faggot
Jacob Harris
tbf the infrastructure in non-shitty EU nations is much better than the us
James Wood
??? Why will it not pass? It's a massive giveaway in taxes, with broad Republican support. They can all agree on lower taxes and less government programs.
Grayson Williams
>tfw canacuck
Adam Gutierrez
NOOO HILLARY WHERE ARE YOU I NEED A NUCLEAR WAR FOR MY COINS TO SKYROCKET
Cooper Nelson
>tfw auscuck
Hudson Wood
Welp, fuck canada, time to move to the US
Evan Ramirez
We pay that and more for health insurance. :)
Joshua Collins
Alright, I file Schedule C every year as self-employed so I assume this wont affect me cause I have a ton of deductions, itll just affect the normies who itemize.
Luke Stewart
COME TO AMERICA! America is very accepting to those who embrace the values of the Constitution and Bill of Rights.
To be fair, there are several big advantages to Canada and Australia respectively, so I hope you don't feel too bad about paying more in taxes for relatively much safer and lower-inequality societies.
Julian Lewis
WHAT DOES IT SAY ABOUT SHITCOINS
Aiden Wright
NOTHING, IT ONLY TALKS ABOUT *REAL* MONEY
Juan Harris
shots fired
Julian Clark
Anything about capital gains or inheritance? I'm looking at a couple million once my parents kick the bucket, way more if it's an accident.
Andrew Allen
jesus 5% GDP incoming
stock market boom incoming if this passes
Dylan Williams
>"WE ARE GOING TO GO UP LIKE A ROCKETSHIP LIKE WE SHOULD HAVE YEARS AGO"
TRUMP'S ONE OF US! BUY BUY BUY!
Gavin Campbell
>store the vast majority of your wealth in crypto >cash out the bare minimum to survive yearly (25k) >only have to pay 12% tax thanks to based drumpf
Angel Gray
WHAT ABOUT FUCKING CAPITAL GAINS
James Nguyen
Cause our military Is fucking huge. It does need spending but can they cut down even a little bit?
Levi Rivera
Retard. Do u think you can literally support yourself with 25k? Fuck you guys are dumb
Blake Morgan
>cutting taxes >while the debt and spending is out of fucking control
nice meme, fiat is done
Angel Howard
This. Capital gains tax matters the most for us and it isn't even mentioned what a joke.
Carter Nguyen
I am 25 and my monthly expenses are 1.5 k. rent food, etc. i eat out a lot too. smoke weed. spent 22k last year. faggot u mad brah?
Brody Reyes
With the liberals and cucks blocking him I doubt this gets through. I mean McCain voted to save Obamacare, for fucks sake.
Connor Gutierrez
easily, if you live modestly and don't live in San Francisco or other liberal shithole
Anthony Howard
asked me a few months ago if i would have given up the healthcare and i would have said no. Now though it doesn't seem like an issue.
James Nguyen
how hard is it to gain citizenship as a leaf?
Benjamin Edwards
its long for anyone like 10 years
Ethan Adams
Do you just have to live there for 10 years? also kek at id
Jason Robinson
Lol >"SOCIALISM IS STILL GOOD AND NOT A RIP OFF"
Easton Thomas
no, the process to move here is 10 years long
Ryan Parker
becoming a citizen is even longer
David Price
War mongering and spreading FUD for first world immigration. The ID doesn't lie.
Matthew Cox
can someone explain this to me like im a 12 year old
Connor Martin
>55% income tax
I think it recently came to light in Canada that certain people are paying more than 50% in income tax. For a while it was around 43% for top earners. Anyway, people want to talk about slavery and muh reparations how about we talk about tax slavery. This si fucking bullshit.
Jason Gray
This. Whether you like Trump or hate him, you have to admire his ability to force Repubs and Dems to prove that there's literally no difference between the two and that both parties essentially have the same establishment agenda, they just dress it up differently by appealing to different demographics.
Take Obamacare, for example. Republicans spent the last 8 years bitching about it, but then they finally get the chance to get rid of it, and then they don't. Because it was all just talk, that's all these people are. Talk. The politicians are all working towards the same ends no matter what "side" they're on. Trump forces them to expose themselves, and he does it simply by existing.
Brandon Collins
I came here to post this
Andrew Campbell
tell me how long it takes 12 years+ for investors visa, 3-5 years before applying for citizenship, etc
Michael Smith
That's what happens when you have a two party state fighting for votes. They trend toward the middle and you essentially end up with a one party state bickering over memetic quandaries to keep the public polarized. I'll probably never vote again and wait till a NRx style monarchy is establish.
Ian Young
You can buy your way in if you have a business with jobs and a million dollars. It takes like a tiny fraction of the time.
Nathan Brooks
O-oh boy more tax cuts for people who are already rich while mine hardly changes.
Andrew Thompson
You wont be crying about it once you become rich yourself.
Inb4 libcucks cry and cry about muh 1% even though most super rich pay lower tax than most poorfags even with those currently ridiculously high tax brackets. Warren buffet pays 6% tax on average, most of it to dumb fuck tax havens nobody has even heard of. At least this way high earners will be more inclined to stay within the US financial system and stop circumventing tax laws, allowing for greater efficiency and reinvestment GG USA economy is gonna boom. This is what happens when you hire somebody who actually knows about business/economy instead of lib cuck 'politicians' that turn the state into a neo kleptocracy pandering to the lowest common denominator Now if only trump can start deporting poor people I may even consider moving to America, land of the free