Trump Regrets - Many Trump Supporters Are Angry About Their Tax Refunds

I think DonDiego's analysis is correct.    Most people did get a tax cut -  a very, very small one.    

Ever go to the casino for a promotion where you get to pull an envelope out of the barrel that has a random amount of slotplay in it from $5 to $1000.    The overwhelming majority get the $5.   Thats sorta how the Bush / Trump tax cuts work too.     They market the hell out of that $1000 bucks but thats not what you're gonna get.

In both the Bush/Trump tax cuts the big winners (corporations) did not pass their tax cut onto  workers as forecasted...nor did they use it for capital expenditures to grow.    They overwhelmingly used it for financial enginering of their stock.   

Bottom line:  Jamie Dimon got a new yacht and a vaction home in Tahiti..   As for the clerk at one of his branches?  She got enough to pay for her Netflix subscription.   Score !

(PS - her giant tax cut expires in 10 years because ...ya know...the people who legislated it are big deficit hawks.)

If you like your tax cut, you call keep your tax cut.  At least until the Dumocrats come for it.

"And Tom lives in high-tax NY for the same excuse as everyone else who lives there:   

His employer is not located in Tampa."

Neither is joe scarborough.  NBC is in Rock Center in NYC.  He had an opportunity to save on local taxes & he took advantage of it.

In terms of taxes it is a matter of math & scale.

If someone paid $4,000 in taxes and received a 10% cut they receive $400.  But if someone paid $20,000 in taxes and received a a 5% cut, they receive $1,000.

So why are you still there?

I think he should move to rural Alabama or Mississippi, so he could surround himself with like-minded individuals. If Tom wants a more sophisticated conservative location he could always try the paradise that is Kansas where one party Republican rule allowed them to enact every crazy conservative economic theory Tom loves. He could bask in the glory of the results on a daily basis.  Tom would quickly get in great shape there doing all that walking as they no longer have the funds to repair the roads. And if he has kids, he can home school them as they can't seem to find a way to fund the schools there either. Of course, he has to weigh that against the rustic charm of the open sewers and outhouses in Alabama and Mississippi. 

I'm sorry Mark I can't resist   "like". There,I created my own like button.

As usual when mark's original thread is proven wrong, he changes the subject

Mark and PJ are typical liberal naysayers - a tax refund is a refund. Of course they prefer the Democratic model of raising taxes to fund the illegals, the lazy, and generations of welfare recipiants who don't pay taxes but leech off of those who WORK and pay taxes. Maybe Mark should move to one of the Democratic controlled cities that have been ruined by Democratic rule, such as Detroit, Chicago, St. Louis, Philadelphia, Newark, Baltimore or Oakland, to name a few. There he  could surround himself with like minded people who only know how to complain.

This post is provided as a visual aide for David Miller's angry rant.

Poor old DonDiego does not understand precisely what PJStroh's chart means.

He recognizes right-off-the-bat that #1New Mexico, #2West Virginia, and #3Mississippi have lots of folks dependent on federal aid, . . . and #50New Jersey, #49North Dakota, and #48Connecticut have lots of high-income citizens.

What else is the chart showing ?

EDITED TO ADD

Will Amazon's decision today to not place a "second-headquarters" in New York City affect the chart ?