Friday, October 27, 2017

Tax Transfer from Poor to Rich


I hear the Republicans try to explain their transferring tax money from Medicare and Medicaid to the rich. Republicans say that maybe, corporations will use the tax loot to take jobs out of Ireland to the USA. Which may be good for American Robots not the Workingclass of America.  

If you want to lower taxes in one place, you must make it up in another place or barrow it. The Republicans don’t want to be accused of raising taxes on the m1iddle class, so they try to hide them with tricks like lowering the amount workers can put in the 401k counts there by taxing more of their pay. Another was to take money from the budgets of Medicare/Medicaid there by requiring a raise in the premiums on the seniors. 
The Republicans say they will take away tax loop wholes, but what they fail to say is that those loop wholes is what keep middle Class (workingclass) use to reduce their taxes.

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