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My point was, personal income rising is not negative. {nm}

Posted by: forlorne on Jun 13, 12:59 in response to Antibody's post Not that much more considering it went up $1.1T from 2014...

weirdly, even as corporations paid $90 billion less in taxes under the GOP tax scam bill, individual Americans paid $90 billion more professor zovek Jun 11, 10:24

Your typical misleading headline. Individuals paid less per person. More people working, more hours, and higher pay accounts for increase. {nm} PhoneHome Jun 11, 10:31

This was exactly how it was supposed to work. Booming economy means less tax per person, but more tax revenue. Awesome news! {nm} PhoneHome Jun 11, 10:33

Beyond the misleading headline: People not only paid less throughout the year, they got $12 Billion MORE in refunds. {nm} forlorne Jun 11, 11:48

Also: 65% had tax cut, 6% paid more (BTW, this 6% is high income people from high tax states). And yes, lower incomes got less cut because forlorne Jun 11, 11:50

Total personal income went up 1.4 TRILLION $. Try to spin that into something negative. {nm} forlorne Jun 11, 11:52

Where are you seeing $1.4T? I get 17.57 - 16.82 = $750B Antibody Jun 11, 13:43

2016 total=16.1T$, 2018 total=17.5T$ {nm} forlorne Jun 13, 08:34

Not that much more considering it went up $1.1T from 2014 to 2016, or $1.3T from 2009 to 2011 (Obama's first two years). {nm} Antibody Jun 13, 09:10

My point was, personal income rising is not negative. forlorne Jun 13, 12:59

Initially I thought Jimmy was just gullible. But it's become clear he's just a common troll repeating fabrications. Gets off on the reaction {nm} PhoneHome Jun 11, 15:21

families got a huge break with high deductions per each dependant..so go out and make babies!!! {nm} chipshot Jun 12, 10:10





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