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Judd Legum @JuddLegum
7. Under Trump's plan, average tax cut in 2027: TOP 0.1%: $1,022,120 BOTTOM 20%: $50 MIDDLE 20%: $420 https://t.co/0GvR8geCFY — PolitiTweet.org
Judd Legum @JuddLegum
6. Check out this chart. The big bars are all for the top 1% and the top 0.1% https://t.co/IfSoWwtPsU — PolitiTweet.org
Judd Legum @JuddLegum
5. All income tax cuts amount to $470 billion. And almost all of that goes to top 1%, especially people like Trump https://t.co/yp5vYNJwgO — PolitiTweet.org
Judd Legum @JuddLegum
4. It's really a corporate tax cut w/some income tax cuts for the rich thrown on top. 2.4 TRILLION in corporate cuts https://t.co/0GvR8geCFY — PolitiTweet.org
Judd Legum @JuddLegum
3. Many people in the middle class will face tax increases under this plan. 25% of all taxpayers! https://t.co/yp5vYNJwgO — PolitiTweet.org
Judd Legum @JuddLegum
2. The study, by the highly respected Tax Policy Center, finds 80% of the benefits will go to the TOP 1% by 2027 https://t.co/yp5vYNJwgO — PolitiTweet.org
Judd Legum @JuddLegum
1. A new study just came out that ABSOLUTELY EVICERATES Trump's claim that his tax cut doesn't benefit the rich https://t.co/0GvR8geCFY — PolitiTweet.org
Judd Legum @JuddLegum
Utah senator politicized bill that provides insurance to kids. Now his state is the first casualty.… https://t.co/Em19TWtmZo — PolitiTweet.org
Judd Legum @JuddLegum
The study on corporate tax cuts the Trump administration is desperate to cover up https://t.co/lxNIlL7ZAl https://t.co/00Q0Vhi6Pt — PolitiTweet.org
Judd Legum @JuddLegum
‘You need to get out!’: General delivers powerful response to racist messages targeting black cadets… https://t.co/lNHgI9U8sX — PolitiTweet.org
Judd Legum @JuddLegum
8. If you have kids you lose the $4,050 exemption so it's actually worse for you. (They promise to make up for it w/unspecified tax credit.) — PolitiTweet.org
Judd Legum @JuddLegum
7. BTW, if you are over 65 the combined exemption + standard deduction is $11,650 so you basically get nothing. — PolitiTweet.org
Judd Legum @JuddLegum
6. And that's supposed to make up for huge cuts worth millions and billions to corporate taxes, estate tax, top tax rate, LLCs etc — PolitiTweet.org
Judd Legum @JuddLegum
5. So this DOUBLING THE STANDARD DEDUCTION we hear about incessantly really means a savings of $13 to $20 PER MONTH — PolitiTweet.org
Judd Legum @JuddLegum
4. Right now that $1600 is taxed at 10-15% depending on how you file. So we are talking about a savings of $160 and $240 PER YEAR. — PolitiTweet.org
Judd Legum @JuddLegum
3. So the existing overall exemption is $10,400. He's increasing it to $12,000. That's $1600 per year. — PolitiTweet.org
Judd Legum @JuddLegum
2. He's not really doubling the standard deduction. He's consolidating the standard deduction ($6,350) and the personal exemption ($4,050) — PolitiTweet.org
Judd Legum @JuddLegum
1. Maybe I'm the only one irritated but we are hearing so much about how Trump wants to DOUBLE THE STANDARD DEDUCTION. It's mostly BS. — PolitiTweet.org
Judd Legum @JuddLegum
Conservative Christian leaders call on Trump to condemn white nationalists https://t.co/VJIXiusUu8 https://t.co/VP35qdaHHq — PolitiTweet.org
Judd Legum @JuddLegum
@MoniquePressley Seriously, this is a @laurenduca level embarrassment for Tucker. He's left stammering https://t.co/O3DYWVUqh2 — PolitiTweet.org
Judd Legum @JuddLegum
Tucker Carlson goes down in flames in debate on NFL protests against African-American attorney @MoniquePressley… https://t.co/r50egViUSm — PolitiTweet.org
Judd Legum @JuddLegum
EPA head Scott Pruitt has spent $900K on personal expenses Here are some actual programs that $ could have paid for https://t.co/KiZIPL09O0 — PolitiTweet.org
Judd Legum @JuddLegum
Why the narrative that Obamacare is responsible for premium increases is total BS, in one chart… https://t.co/kpecWr6k2S — PolitiTweet.org
Judd Legum @JuddLegum
@SopanDeb This is parody, right? — PolitiTweet.org
Judd Legum @JuddLegum
Ordered breakfast & cashier said it was $6 but I just left. He doesn’t realize hash browns pay for themselves through economic growth #maga — PolitiTweet.org
Judd Legum @JuddLegum
It’s only this low because the NYT assumes Trump’s exaggerating his net worth by $7 billion https://t.co/kzblUhwVJp — PolitiTweet.org
Judd Legum @JuddLegum
@jflowers45 @MoniquePressley Not sure what the difference is. Crackpots are people who believe crackpot theories. — PolitiTweet.org
Judd Legum @JuddLegum
.@MoniquePressley is my hero This is an absolutely brutal takedown of Tucker Worth watch (on loop) https://t.co/qq314v5qdl — PolitiTweet.org
Judd Legum @JuddLegum
Tucker invites @MoniquePressley to discuss NFL protests She explains fear of police in black communities He call… https://t.co/YXHKS5CPoj — PolitiTweet.org
Judd Legum @JuddLegum
OK Hannity, rant about what ever you want. BUT DON'T YOU DARE DISRESPECT GREGG POPOVICH https://t.co/xFXGx84Aci — PolitiTweet.org