Mnuchin to Congress: Cut taxes or market will dive

[KingsX]

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Back to the live debate


Ted Cruz LIED again... when he said the GOP's proposed tax cut "doubles" the standard deduction... LIE !!!!!!!!!!

[lonewolfinoregon]

Market is already being set up to collapse..

Insiders are selling like crazy and sheeple are buying it up...

And if you look at the stock index's, a few stocks are driving up the market... All it takes is one stock to drive the market up..

[KingsX]

Market is already being set up to collapse..

Insiders are selling like crazy and sheeple are buying it up...

And if you look at the stock index's, a few stocks are driving up the market... All it takes is one stock to drive the market up..

I suspect it's intentionally being set up to collapse.

If you are in it, it's time to sell.

[KingsX]

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One more comment about CNN's live tax debate...

Half the time they didn't even talk about tax reform. Much of it was about healthcare.

Most of it was either snake oil Cruz lying or Commie Sanders touting his socialist agenda.

[KingsX]

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Official IRS numbers for inflation adjusted 2018 standard deductions, personal exemptions, etc..

2018

Single deduction is $6500
Married deduction is $13,000
Head of household deduction is $9550

Personal exemption is $4150

No mention of an increase in the extra deduction for seniors over age 65 or blind.

https://www.irs.gov/newsroom/in-2018...hers-unchanged


As you can see... the GOP's proposed tax plan [which eliminates personal exemptions]
does NOT "double" the standard deduction... as "Lying Ted" repeated once again in the
tax debate on CNN last night.

[Johnnie Trump]

Sure, a bunch of Millionaires who serve Billionaires are going to lessen the burden on the common folk!

How naive do folks have to be to have ever believed this garbage???

[KingsX]

.


Official IRS numbers for inflation adjusted 2018 standard deductions, personal exemptions, etc..

2018

Single deduction is $6500
Married deduction is $13,000
Head of household deduction is $9550

Personal exemption is $4150

No mention of an increase in the extra deduction for seniors over age 65 or blind.

https://www.irs.gov/newsroom/in-2018...hers-unchanged


As you can see... the GOP's proposed tax plan [which eliminates personal exemptions]
does NOT "double" the standard deduction... as "Lying Ted" repeated once again in the
tax debate on CNN last night.

I posted this so you can compare what your tax exempt amount will be in 2018 verses the 'bait and switch' the GOP has been lying about when it says it "doubles" the standard deduction. The GOP proposed figures [$12,000 single/$24,000 married] is NOT "double" the standard deduction last year, this year or next year... they totally invented those numbers. Furthermore, the GOP wants to eliminate personal exemptions and eliminate both the head of household and extra over age 65 or blind standard deductions. And don't forget the GOP also wants to INCREASE the lowest tax rate from 10% to 12%.

[Johnnie Trump]

Here, I will post this information which is far more valuable than anything folks will see on the MSM ...

[Johnnie Trump]

[Johnnie Trump]