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Bernie Sanders is a socialist who firmly believes the government is the only entity qualified to handle our money. Which means Bernie really didn’t like the Tax Cut Bill. Letting us keep OUR money? Must. Not. Happen.
His stance on the bill was ridiculous.
FACT: Under the Republican plan, a single mother making minimum wage with two kids would get only a $75 tax credit. Meanwhile, a family making $500k with two kids would get a $4,000 tax credit. #TaxDebate
— Bernie Sanders (@SenSanders) November 29, 2017
Bernie, get a freaking clue! That single mom wouldn’t be paying any taxes due to her income bracket! Furthermore, that family making $500K sends a LOT more of their $$ to the IRS. This from the guy who said Republicans were out of touch. Uh huh… RIIIGHT.
NEWSFLASH: People that actually pay taxes will benefit from tax break more than those that don't. https://t.co/8UAbtQpOZI
— Andy Swan (@AndySwan) November 29, 2017
Exactly. However, that didn’t stop good ole Bernie from doubling down on TEH STOOPID and throwing doomsday predictions into the mix.
Historians will look back on Dec. 1, 2017 and conclude this was one of the great robberies in US history because Republicans are looting the Treasury.
— Bernie Sanders (@SenSanders) December 2, 2017
Someone alert the authorities: Senate Republicans are looting the Treasury. I’m live now speaking about the Republican tax bill: https://t.co/pcPrFdrc8K
— Bernie Sanders (@SenSanders) December 2, 2017
Dramatic much Bernie?
Well, the Treasury is still intact and the sky hasn’t fallen. In fact, that middle class that Three Houses Bernie is so concerned about? The ones he’s SURE are going to suffer the most from this tax bill?
Breaking news: @CBSThisMorning asked three families for their tax returns and found that all three would receive tax cuts next year because of the #TaxCutsAndJobsAct. pic.twitter.com/xnGvTgV3bJ
— Senate Republicans (@SenateGOP) December 22, 2017
Oops!! In fact, via Legal Insurrection, here’s a few ways this tax bill helps American individuals and businesses.
The proposal would maintain seven individual income tax brackets at slightly different rates: 10 percent, 12 percent, 22 percent, 24 percent, 32 percent, 35 percent and 37 percent. The top rate would fall from the current 39.6 percent. The House originally proposed collapsing the system to four brackets, saying it would simplify the filing process.
The bill would scrap the personal exemption but increase the standard deduction to slightly less than double its current level. It would go to $12,000 for an individual or $24,000 for a family.
It would drop the corporate tax rate to 21 percent from the current 35 percent. The change would take effect next year.
The plan would set a 20 percent business income deduction for the first $315,000 in income earned by pass-through businesses.
The bill would scrap Obamacare’s provision that requires most Americans to buy health insurance or pay a penalty. Doing so is projected to lead to 13 million fewer people with insurance and raise average Obamacare premiums, according to the nonpartisan Congressional Budget Office.
The plan would eliminate the corporate alternative minimum tax, which the Senate added back to its plan at the last second to raise money. House leaders and corporate groups said the tax would stifle research and development.
The estate tax, or so-called death tax, would remain but the exemption from it would be doubled.
The child tax credit would double to $2,000 per child from $1,000. It would be refundable up to $1,400 and start to phase out at $400,000 in income.
The plan would limit state and local tax deductions. It would allow the deduction of up to $10,000 in state and local sales, income or property taxes.
Bernie finally had to bow to reality … and admit those darn tax cuts will help.
Man oh man, admitting that the tax cut is a ‘very good thing’ must’ve caused him some serious indigestion!
Left-leaning tax policy center finds that 80.4% of Americans would see a tax cut in 2018. The average decrease would be $2,140. Only 4.8% would see a tax increase.https://t.co/2UVcvrom6d pic.twitter.com/52F9uDx90Z
— (((AG))) (@AG_Conservative) December 19, 2017
Not only that, but he wants MORE tax cuts or something. In other words, Bernie is kinda sort of acting conservative!
We went from “this tax plan is the worst bill in history” to “it didn’t go far enough”.
This is why the 2027 talking point was so dishonest. For those rates to expire, Dems would have to vote to raise taxes on the middle class in 2026. https://t.co/GdLbtq1FMA
— (((AG))) (@AG_Conservative) December 24, 2017
How much do you want to bet that Bernie’s accountant crunched numbers and found out that Three Houses Bernie will benefit from these tax cuts as well?
2018 will top 2017 for surprises, as Bernie Sanders switches from Socialist to Republican. #HeardItHereFirst https://t.co/KlaZSMP3CY
— Instapundit.com (@instapundit) December 24, 2017
Happy New Year Bernie! Welcome to reality and enjoy your tax cuts!
How much of OUR money are we getting back? Sorry Bernie “The Millionaire” Sanders. When you start paying “your fair share” then we might not call you a “secret capitalist” behind your back.
I like the lip biting photo. Bernie suddenly realizes he has to admit the truth and he can’t stand it.
“The bill would scrap Obamacare’s provision that requires most Americans to buy health insurance or pay a penalty. Doing so is projected to lead to 13 million fewer people with insurance…”
How many of these people would go without insurance anyway?
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