Kamala Harris and Tim Walz lies and Trump/Vance policies.
- Thread starter Gunny46
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You’re the ones lying. How Much Did the Poor, Middle-Class, Wealthy, and Ultra-Wealthy Make from Trump's Tax Cut?The Tax Cuts and Jobs Act (TCJA) of 2017, passed under President Trump, had varying impacts on different income groups. Here’s a breakdown:1. Poor (Lowest 20%):- The poorest Americans received the smallest benefit from the tax cuts. On average, households in the lowest 20% income bracket saw their after-tax income increase by about 0.4% to 0.5%, amounting to roughly $60 to $70 per year.2. Middle-Class (Middle 20%):- Middle-class households received a moderate benefit. The average tax savings for this group were around 1.6% to 2.2% of after-tax income, equating to about $800 to $1,000 per year.3. Wealthy (Top 1%):- The wealthy saw a more significant benefit from the tax cuts. On average, those in the top 1% income bracket saw their after-tax income increase by approximately 2.9% to 3.4%, which translates to about $33,000 to $40,000 per year.4. Ultra-Wealthy (Top 0.1%):- The ultra-wealthy received the largest benefit from the TCJA. This group experienced an increase in after-tax income of around 3.5% to 4.0%, resulting in savings of approximately $193,000 to $250,000 or more per year.For more detailed breakdowns:- Analysis of the impact of the TCJA on different income groups:https://taxpolicycenter.org/publications/distributional-analysis-conference-agreement-tax-cuts-and-jobs-act/full…- Congressional Budget Office (CBO) analysis on the TCJA:https://cbo.gov/publication/54911…- Brookings Institution report on the effects of the TCJA:https://brookings.edu/research/effects-of-the-tax-cuts-and-jobs-act-on-income-distribution/…
THE CLAIM: $20 billion would have gone to the border for Kamala and Biden’s border bill.THE TRUTH: Almost all the money in the “border bill” didn’t actually go towards the border.Here are some of the items included in the bill that had nothing to do with border security: • $60.06 billion to support Ukraine in its fight against Russia. (Roughly 3x more than what the border security would receive.) • $14.1 billion in security assistance for Israel. • $2.44 billion to support operations in the U.S. CENTCOM and address unrest and combat expenditures in the Red Sea. • $10 billion in humanitarian assistance to civilians in Gaza and the West Bank, Ukraine, and other populations caught in conflict zones across the globe. • $4.83 billion to support Indo-Pacific allies and deter Chinese aggression • $2.33 billion to continue support for Ukrainian refugees displaced after the war against Russia. • $400 million for the Nonprofit Security Grant Program in aid to help nonprofits and places of worship enhance their security.TOTAL: $94.460 billion US taxpayer dollars going to non-border crisis-related endeavors.
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THE LIE: Trump will sign a federal abortion ban under Project 2025.THE TRUTH: This was proven false by CNN and Trump has absolutely nothing to do with Project 2025.As reported by CNN, Donald Trump has said that he would not sign a federal ban on abortion.This is another misleading attempt to try and connect Trump to Project 2025.Here’s the facts:- Trump and his campaign completely disavowed Project 2025 multiple times.- Donald Trump called Project 2025 “seriously extreme”.- He went on to say, “I don’t know anything about it. I don’t want to know anything about it.”Here’s the official statement from the Trump campaign:“President Trump’s campaign has been very clear for over a year that Project 2025 had nothing to do with the campaign, did not speak for the campaign, and should not be associated with the campaign or the President in any way.”
