#trumptax

[thashining]

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This election was about one thing: billionaires fooling angry broke people into making them into trillionaires. Y’all fell for it. Good luck with those #trumptax #tariffs.

[busterballsblog]

Donald Trump Tax Plan in 60 Seconds! CPA Explains #trumptaxes

[serenata-your-neighborhood-lefty]

[deafilosophy]

Translation: I hate taxes and brown people as much as I don’t understand finance. Also I love rich white men ‘cause I’m gonna be one when I win the lottery. -Chris Hanna #MAGA #TrumpTax #StupidIsAsStupidDoes #AnyoneButTrump https://www.instagram.com/p/CFvTFyRglIH/?igshid=nvl0v9uj8w0y

[frosty1489]

Trumptax Pro Edition

[twerkittwerkitrealgood]

Back stage with Senator @BernieSanders at the #TrumpTax scam rally in Cedar Rapids! (at Veterans Memorial Building & Commission)

[ridenwithbiden]

[notmypresidenttrump]

The Trump tax plan has its winners and losers. And you can guess where most of us end up. #GOPTaxScam. 😠 . . . . #DonTheCon #DonaldTrump #LockThemUp #BullshitArtist #FuckingMoron #GopSucks #TrumpTax #TrumpForPrison #WorstPresidentEver #SaveOurMiddleClass #SoMuchWinning #VetsAgainstTrump. #Maga | #Repost @daphneposh ・・・

[pdamerica]

These 51 Senators Voted to RAISE TAXES on 87 million middle-class Americans to give Big Corporations and the 1% Massive Tax CUTS!!!

[primalaska]

#flynn #breaking #whyididntreport #ibelievechristineford #criminalkavanaugh #conspiracyachieved #ibelievechristine #ibelievechristineblaseyford #trumptax #istandwithdrford #taxscam2 #obstructionofjustice #postponethevote #stoplavanaugh #bluewavecoming2018 #connecttheleft #mog (at Bristow, Virginia) https://www.instagram.com/p/B31wpJNpCTL/?igshid=17fkxpx1y4er

[investintowine-blog]

Trump adds tariffs to French wine!

Trump adds tariffs to French wine!

Yesterday, President Trump announced tariffs on French wine imports into the USA as a reciprocal tax because France imposed a 3% levy on tech companies who offer digital services.  Some of the big tech giants in USA will be required to comply with the new tax in France.  However, trump stated the tax on french wine would be reciprocal, meaning it should be 3%. Some people are calling it the google tax. Fine wines are in a price bracket that are not for every wine drinker. If a consumer can afford to pay 1000 dollars for a bottle of wine, it is unlikely they will care to notice a price increase of 3%.  When selecting a fine wine to drink and paying 1000 dollars for a bottle of wine, am I really going to be concerned if it’s 30 dollars more? Am I really analyzing the price before I buy a bottle of wine at this level of quality and price range? If I am so price sensitive paying 1000 dollars for a bottle of wine, then I probably shouldn't be ordering it in the first place.  The USA is a large consumer of wine at all price points, nevertheless even French wine sales at the lower price point will not be affected. Even where a consumer is price conscious, paying 10 or 10.30 dollars for a bottle is unlikely to affect a consumers decision.  30 cents on every 10 dollars is not going to make a whole lot of difference in my opinion. Back in 2018, when we were setting up our new office in California, I wrote to the U.S tax office and asked them about charging tax on fine wine Investment. They replied to us, stating that we did not need to add tax when selling fine wine in the USA because the wines are not imported into the USA. This was quite important to us, as you know I’m always monitoring the cost of entry to ensure you are buying low and selling high. In summary, i'm not concerned that prices will go down on the back of a 3% levy on French wines, because when you invest into a wine it is tax free anyway!  Keep it in Bond and sell it in Bond to ensure there is no duty or taxes to pay when buying or selling. I am more concerned that the stock market keeps rising which affected prices in the last few months. As mentioned in our previous updates, if the stock market sees a correction, that is overdue, (in my humble analysis) then we should see wine prices sky rocket.  Don't hesitate, buy low now and sell high when prices go up!  Read the full article

[astablegeniussays]

[stoweboyd]

Krugman pulls the pants down on the shambling zombie voodoo economics that Trump and the GOP are using to advance tax cuts for the rich:

History offers not a shred of support for faith in the pro-growth effects of tax cuts.

Oh, and let’s not forget recent experiences at the state level. Sam Brownback, governor of Kansas, slashed taxes in what he called a “real live experiment” in conservative fiscal policy. But the growth he promised never came, while a fiscal crisis did. At the same time, Jerry Brown’s California raised taxes, leading to proclamations from the right that the state was committing “economic suicide”; in fact, the state has experienced impressive employment and economic growth.

In other words, supply-side economics is a classic example of a zombie doctrine: a view that should have been killed by the evidence long ago, but just keeps shambling along, eating politicians’ brains. Why, then, does it persist? Because it offers a rationale for lower taxes on the wealthy — and as Upton Sinclair noted long ago, it’s difficult to get a man to understand something when his salary depends on his not understanding it.

Still, Donald Trump was supposed to be different. Guess what: he isn’t.

He’s no populist, despite adopting Bannon’s rhetoric to delude the gullible and disenchanted, and now he’s being coopted by mainstream GOP doctrine. How will they square Trumptax with his supposed populist policy direction? He will simply tell the Big Lie: he will say that cutting taxes on the rich will benefit the little people. He will say the money will trickle down, as the rich and the corporations will be free to make investments, hiring more workers, and gearing up to compete. He’ll say Reagan made him do it.

But it will all be revealed to be the Big Lie, apparent to anyone who wants to look closely at the results. But, you watch, as we get to the midterm elections, and Trump’s policies are increasingly understood to be hollow and shallow, he will find other reasons, other enemies, to blame for his failed policies. Perhaps he will blame his own team and the mainstream Republicans that have coopted him? Start listening for this theme, where Trump begins to hint that if these policies don’t work, it’s the fault of congress and his economic advisors.

Krugman wonders about Trump in this cage:

The fact is that the Trump agenda so far is absolutely indistinguishable from what one might have expected from, say, Ted Cruz. It’s just voodoo with extra bad math. Was that what his supporters expected?

[xavier-lamont]

#TrumpTaxes https://www.instagram.com/p/CFtIdIrgU8g/?igshid=1eg9qxm9d1q6u

[ruthfeiertag]

Thirty Reasons to Vote: #29

“Donald J. Trump paid $750 in federal income taxes the year he won the presidency. In his first year in the White House, he paid another $750.

“He had paid no income taxes at all in 10 of the previous 15 years….

“Also hanging over him is a decade-long audit battle with the Internal Revenue Service over the legitimacy of a $72.9 million tax refund…. An adverse ruling could cost him more than $100 million.”

From Russ Buettner, Susanne Craig, and Mike McIntire. “Long-Concealed Records Show Trump’s Chronic Losses and Years of Tax Avoidance,” New York Times. September 27, 2020.

Read the article.

[davidwfloydart]

Tax E. Vader... #trumpsucks #taxtherich #incomeinequality #taxes #corruption #trumpshutdown #darthvader #trumptaxes #funnymemes (at Dogpatch Collective) https://www.instagram.com/p/CFs5IF9hsSd0rUyJ9bOFCURjmMrOAaCl9hv4480/?igshid=vf6lgzztt9df