He thinks we’re idiots…

Let’s look a little more closely at Mr. “I don’t benefit. I don’t benefit”.

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He would save $1.1 billion dollars from repealing the estate tax. And it’s true, just Ivanka, his two horrid older sons, Barron and that other daughter would get this

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Just doubling the exemption of the Estate Tax is obscene. Removing it in 6 years is even worse.

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As it is, only 0.2% of estates pay any estate tax. The largest estates consist mostly of “Unrealized” capital gains that have NEVER BEEN TAXED. This is the most progressive part of the U.S. Tax Code.

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However, he would also save $31 million from repealing the Alternate Minimum Tax. Repealing this will drain $440 billion dollars from the Treasury in the first decade/

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He would save $16 million from taxing pass-throughs at 25%. This tax cut will be the biggest driver our bouncing baby new deficit, costing over $770 billion over 10 years. This is gravy for the wealthiest people in our country and one of the issues that toppled the economy of Kansas.

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If Congress cuts the highest tax rate from 39.5% to 35%, he save a cool half million.

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He would lose $3-5 million if Congress repeals his favorite deductions. But we think there’s some nice compensating factors already discussed above.

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Unsure of how much he’s save from the GOP just gutting a proposal to tax U.S. companies’ payments to related foreign affiliates, part of a package of late changes on Monday that punched a $74 billion revenue hole in their tax-overhaul plan.

Trump isn’t the only one who think we’ll do anything, give up anything, for a small tax cut. God, with a $1000 dollar tax cut, we can buy a new car or remodel our kitchen,  still not pay for our medical out-of-pocket deductibles, which are shooting up, thanks to him.

Thank goodness Trump is throwing the poor rich a bone, or else nobody would be winning here.

Oh, yes. He thinks we’re idiots.

For more information, explanatory videos and short scripts on #TrumpTaxScam for calling your legislators EVERY DAY: go here

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