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How Trump or Harris tax plans might change your income (slrpnk.net)

submitted 2 weeks ago by [email protected] to c/[email protected]

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Source https://www.barrons.com/articles/trump-harris-tax-rates-plans-cuts-income-e8db90ee

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[–] [email protected] 1 points 2 weeks ago (2 children)

I mean it'd help a little but I doubt it would be life changing. It certainly won't push the needle from struggling to living comfortably for me. Meanwhile the top 1% get their taxes raised by .01%. Woohoo.

[–] [email protected] 1 points 2 weeks ago (1 children)

It's better than giving them a bigger break though right? That's what the chart is supposed to show. It's not supposed to change your life it's just supposed to help you instead of hurt you.

[–] [email protected] 1 points 2 weeks ago

No, 167k is nothing when you have $14 million. I want them to pay their share. I pay like 30% of my income in taxes and I'm left with fuck all. If they paid 30% of theirs they'd be left with almost $10 million.

That’s what the chart is supposed to show. It’s not supposed to change your life it’s just supposed to help you instead of hurt you.

In that case this is pointless because Trumps plan as it's shown here doesn't hurt me either. It's a difference of $400.

[–] [email protected] 1 points 2 weeks ago

There's a lot of other changes too. This is just tax.

Like raising the minimum wage