Trump’s Tax Cuts Aren’t For You | Soshal Network, Social Circle Connection

Trump’s Tax Cuts Aren’t For You

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Basically all of Trump's tax cuts go to the top 1%. Cenk Uygur and John Iadarola, hosts of The Young Turks, talk about. Tell us what you assume in the comment section below.

" According to the Tax Policy Center, the cuts that Team Trump included in their bullet-point rundown last April can cause a loss of earnings in between $3.4 trillion as well as $7.8 trillion over 10 years. To which will those benefits go? We'll provide you two assumptions, but you'll only require one. Right here's Vox:

The bundle, the TPC finds, would extremely help the wealthy. Consisting of the tax walkings [like getting rid of individual exceptions and various other common reductions], the general strategy would certainly provide the ordinary family members gaining under $25,000 each year a $40 tax cut, or a 0.3 percent boost in after-tax revenue. The leading 0.1 percent, making above $3.4 million a year, would certainly get an ordinary tax obligation cut of $937,700, or a 13.3 percent increase in after-tax revenue.

But wait, hasn't already Group Trump pitched their tax strategy as an advantage for the middle and also lower ranks that "isn't regarding a dramatic cut in taxes for the well-off," as Treasury Assistant Steven Mnuchin claimed in April? …" *.

Find out more right here:.

Hosts: Cenk Uygur, John Iadarola.

Cast: Cenk Uygur, John Iadarola.

***.

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Youthful Turk (n), 1. Young dynamic or anarchical participant of an establishment, movement, or political event. 2. A young adult that rebels versus authority or societal assumptions.( American Heritage Thesaurus).

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66 comments

  1. Posted by JoJo, at Reply

    Stupid people voting against their economic interest is the reason they get away with this.

    • Posted by 888strummer, at Reply

      Trump’s proposal is to DOUBLE the STANDARD DEDUCTION. This will give the average middle class tax payer an average of $1,500 to $2,000/year in extra take home pay. It helps EVERY tax payer greatly. How is this voting against one’s self interest?

  2. Posted by DeadlyNyghtShayde, at Reply

    At this point.. How are Trump supporters still a thing?

    • Posted by Joker, at Reply

      +DeadlyNyghtShayde To spite liberals

    • Posted by Abdul Majeed, at Reply

      Because Donald Trump is not only making America great again, but he is making the whole world great again! He is a hero in Saudi Arabia, unlike the najis dog Obama before him. Mr. Trump is on our side and is supporting Saudi economically and militarily and on our side against the majusi Iranian fire worshippers, and with his help our brave Mujahidin will cleanse the Muslim lands by getting rid of all Persian fire worshippers and every majoos Shi’a, every Nazarene, every yahud and every kufr, we will have their heads chopped off, take their women for pleasure and wipe them out just as we did in the al-Qadisiyyah battle by the brave mujahidin of Rashidun with the guidance of Rasul Allah (peace be upon him)

    • Posted by Johnny the Boy, at Reply

      They aren’t, they are just a boogeyman you TYT regressives made up. Never heard you cucks talk about ‘Obama Supporters’ after he was in office, or ‘Bush Supporters’. It’s just a label you TYT SJWs throw onto anybody that disagrees with you.

    • Posted by OutlawRebel117, at Reply

      DeadlyNyghtShayde Stupidity and a stubbornness to not admit they were wrong.

  3. Posted by Jeri Kourkoumelis, at Reply

    A cuck is someone who puts another’s interests before that of themselves and their loved ones. This is why Trump did so well in the general election. He called Jeb, Marco-bot and so on, puppets of their donors and he was correct. Now though it has become clear of who the naked emperor truly cares about. Who is the cuck? What have they won? The SJW are worse than ever. Not only haven’t they shut up but they are literally rioting. TYT = heroes of Homeric proportions.

    • Posted by Jeri Kourkoumelis, at Reply

      +The Federalist  Link me one video or article where they do.

    • Posted by The Federalist, at Reply

      Jeri Kourkoumelis Man you’re desperate with defending these clowns, sad!

    • Posted by Jeri Kourkoumelis, at Reply

      +The Federalist  I accept your concession.

  4. Posted by Fried, at Reply

    Trump Supporter: “TYT im SICK of ur LIES!”
    Logical Person: “What lies”
    Trump Supporter: “all of them!”
    Logical Person: “give us one lie please, also give us a source”
    Trump Supporter: “FAKE NEWS!!!”

    • Posted by World Supporter, at Reply

      chris grammatica everything you don’t

    • Posted by chris grammatica, at Reply

      World Supporter What philosophy books have you read

    • Posted by Fried, at Reply

      He doesnt know how to read. If you were to ask him why he still supports the republican party, hes gana start babbling bullshit

    • Posted by Fried, at Reply

      Trump wants to cut 800bill and give it to the top 1% and then cut programs like education and healthcare to make up for that 800bil. How is that logic exactly?

  5. Posted by David Bower, at Reply

    The only example of trickle down economics working is by giving more money to the richest people means more donations for thier cronies in politics.

    • Posted by Lorna G, at Reply

      I deleted my comment. I was not trying to insult you. I agree with your original comment. I simply wanted you to be mindful of my advice in the future so as not to give ammunition to others who disagree with you and may use something like that against you. My apologies if you took it the wrong way.

    • Posted by David Bower, at Reply

      No need to apologise and I wasn’t offended. I just felt I needed to explain myself. I’m more comfortable with maths than language. Although I understand what words mean I can be very hit and miss when it comes to writing them. I’ve also corrected the original comment.

    • Posted by The One, at Reply

      America itself is the greatest example of trickle down economics. From inception until the 20th century it managed to become the richest and freest place in the world without an income tax – which only started as it exists today in 1913.

  6. Posted by DarkMinion, at Reply

    “Fake news! Trump give me huge tax cuts! Great tax cuts! Clean tax cuts! We don’t want communism! Me no want Healthcare! We winning too much!” – trumptard

    • Posted by Latesha H, at Reply

      best comment I’ve seen today 👍

  7. Posted by Dog's Ballocks, at Reply

    Something has to give. These tax cuts are going to explode the deficit. The Republicans are going to strain the economy to the point of failure. Soon there will be nothing left to redistribute.

    • Posted by lyni50, at Reply

      Dog’s Ballocks The federal deficit is too small. That’s exactly why private debt is too high!! The federal government creates the currency. The private sector doesn’t!! “Private” debt is the big bubble issue!! #MMT

  8. Posted by Brandon Jackson, at Reply

    To all TYT fans and “red pillers” , please understand that these “anti sjw” and “skeptics” on youtube are not intellectuals, they are idiots who are no better then the mainstream media. They make money off of being shock jocks and making videos about nonexistent sjw boogeyman making you believe that SJW were the biggest threat to the world. They supported Donald Trump for 2 years all in the name of fighter SJW.s and paid little to no attention on his policies. Now Donald is about to pass disaster tax cuts that will cause another great recession, and all they have to say is “well at least we pissed off college kids”

    • Posted by Joker, at Reply

      +Brandon Jackson The worst part is their followers are convinced that they liberated themselves from mainstream media matrix and they don’t realize how much they are brainwashed themselves.

    • Posted by Private Potato, at Reply

      Liberals going crazy since Trump too smart for them. Now they are attacking each other, Gay Agenda vs BLM. smh

    • Posted by WavyCrokket, at Reply

      100% spot on! The skeptic anti social justice crowd is very dangerous with there rhetoric.

  9. Posted by INDIVIDUAL, at Reply

    MAGA = MANIPULATED AND GULLIBLE AMERICANS

    • Posted by David Warschauer, at Reply

      INDIVIDUAL make America grovel again

    • Posted by OutlawRebel117, at Reply

      INDIVIDUAL

      Morons
      Are
      Governing
      America

  10. Posted by Frank08046, at Reply

    Dumbass trumpkins support tax cuts that harm them 100%.

    • Posted by SuperQuackDuck, at Reply

      Not 100%. Just 95%.

    • Posted by Frank08046, at Reply

      That 5% is easily convinced that it’s the lord’s will for them to suffer.

  11. Posted by Victor Torres, at Reply

    Our government believes in socialism for the rich and capitalism for the poor.

    • Posted by Galva Tron, at Reply

      Victor Torres factz

  12. Posted by burtosis, at Reply

    I’m in the top 5% and these cuts piss me off as much as that steaming pile of a senate healthcare bill does. WTF is wrong with people needing that extra beach house and yacht while the majority of people are suffering and dying needlessly.

    • Posted by Joan Robinson, at Reply

      Let’s just say this one person did that, but the majority of the rest of the sociopaths did what they always do. They buy luxury items, put the money in tax shelters here or abroad, use the money to buy up shares in their own companies, speculate in the financial markets, etc. We have been doing this for decades now and the economy and our society is crumbling, we are creating an oligarchy too. So, this one person does that, what is the societal impact? Next to nothing, because we are talking about a systems analysis on the macro impact of these type of tax cuts, not what one out of a hundred of the rich do with that extra damn money.

    • Posted by burtosis, at Reply

      Donating to a charity isn’t likely to be as efficient as or help the large number of people that affordable yet comprehensive health insurance or fair taxation will. That said if I do get a cut from either I will.

  13. Posted by Leanne Sawka, at Reply

    THE TRUMP’S ARE SOME OF THE MOST DISGUSTING PEOPLE IN THIS WORLD….

    • Posted by Ororo Munroe, at Reply

      Leanne Sawka can you give me fact?

    • Posted by James Eslick, at Reply

      Here’s a fact. Leanne Sawka is pathetic. MAGA!

    • Posted by Marcos Danilo, at Reply

      just look at anything they did, if the stealing from kids with cancer is not disgusting enough, i really dont know what is considered disgusting to you.

      well, there was that pee incident as well, if you need a literal disgusting.

    • Posted by Radwar99, at Reply

      Ororo Munroe, Well let’s see, I’ll give you 3 quick examples which are fact.
      You just recently learned that Trump Jr. colluded with Russia.
      Google “Eric Trump foundation” and have fun learning about how he shifted Kids-Cancer Charity Money Into his business, something that was demanded by the dad himself.
      Ivanka Trump uses cheap labor in China to make shoes for her company. Workers are forced to work long hours at $1 an hour. I guess that the “bring jobs back to America” Trump likes to boast about doesn’t include his family.

      And here’s what Trump said live on Howard Stern’s radio show.
      “I did try and f*** her,” Trump said. “She was married. I moved on her very heavily. In fact, I took her out furniture shopping. … I moved on her like a b***h, but I couldn’t get there and she was married.”

      “I’m automatically attracted to beautiful — I just start kissing them. It’s like a magnet. Just kiss. I don’t even wait,” Trump said. “When you’re a star, they let you do it. You can do anything. Grab ’em by the p***y. You can do anything.”

      Have a nice day, puppet.

      “I could stand in the middle of 5th Avenue and shoot somebody and I wouldn’t lose voters” – Donald Trump

      “I love the poorly educated” – Donald Trump

      “I don’t stand by anything” – Donald Trump

      Even Trump admits his supporters are mindless puppets.

  14. Posted by Twostones00, at Reply

    It was the Bush tax cuts that gave us a 20 Trillion dollar debt. Tax cuts always add to the debt. We need tax increases on the top 5%, NOT tax cuts.

    • Posted by R Taylor, at Reply

      But the working class and middle class aren’t billionaire donors who decide what government policy is. If you make them richer and more comfortable eventually, by some form of magic the money ends up with the poor people, so make the rich richer, everyone gains… bigly.

  15. Posted by Seigmoraig, at Reply

    What do these people need ALL THAT MONEY FOR. We need to open rehab clinics for rich old men who have almost everything in the world and won’t stop until they have it all

    • Posted by bluKnight43, at Reply

      Seigmoraig my friend if greed had its limits we’d already be living in a utopia

    • Posted by Seigmoraig, at Reply

      Agreed, but this is gone from simple greed to crimes against humanity level

  16. Posted by tony james, at Reply

    For info in Scandinavia:
    “Nordic countries give their populations freedom from the market by using capitalism as a tool to benefit everyone whereas in the United States neoliberal politics puts the foxes in charge of the henhouse, and capitalists have used the wealth generated by their enterprises (as well as financial and political manipulations) to capture the state and pluck the chickens.”
    Just an eloquent way of saying your being screwed.

    • Posted by Nancy Mesek, at Reply

      tony james The Nordic countries should be running the EU. Make Copenhagen the Capital of Europe. None of this Brussels/Strasberg bullshit.

    • Posted by mark krul, at Reply

      Some of the “Nordic ” countries, Sweden in particular, are starting to re-think they’re socialism…why you ask…because they let in so many refugees and gave them lavish benefits without asking them to ADD something of value to the economy (cause that would be racist y’know) and now they have a bankrupt system. My country, Canada, is on the same trajectory unfortunately. So whenever you hear the young turds prattle on about the Canadian system, know that they don’t know what they are talking about.

    • Posted by tony james, at Reply

      mark krul
      Give them a chance and they will contribute to society as millions of immigrants have done to the US and Canada. The important thing for this to succeed is a level playing field not built on bigotry, racism and scare mongering but inclusion.
      I read yesterday that Maryam Mirzakhani has just died, she was an outstanding mathematician and a Fields medal winner, she was also an Iranian immigrant to the US.
      I understand your issues of people taking but not contributing, I’ve got no time for scroungers but from what I’ve seen the desire to work from these groups is strong, infact the danger is they can be exploited by unscrupulous employers. These same employers then use their labour to drive down wages, you can see why Republican businessmen on the border with Mexico are against the wall….

  17. Posted by Supralobe, at Reply

    Pigs get slaughtered. These companies will have no customers once they finish eroding the middle class.

    • Posted by أفلاك الأفكار, at Reply

      That’s why they’re pushing for universal basic income lol. This way Uncle Same pays their customers to be able to continue buying their stuff

  18. Posted by g br, at Reply

    So the guy working at Mcdonalds making $14,000 a year gets an extra 40 bucks. The guy earning 3 million a year probably half corrupt, gets 1 million who doesn’t need it. GOP has to go in 2018, vote them out, plainly.

    • Posted by Secret lemons, at Reply

      Tara Conley if you’re making a career at McDonald’s, chances are you fucked up in life.

    • Posted by Secret lemons, at Reply

      g br maybe the guy making 3million a year probably earned it. Why do liberals hate people who hard in school?

    • Posted by Mc Lovin, at Reply

      ^ most liberals are lazy tards who dream of living in a communistic country who will take care of their every needs so long as they not only hand over their freedom but also the freedoms of their family and neighbors.

      +Tara Conley
      Fact of life. Blame government over-regulations for this bad economy. Or you think it’s the CEO (who’s actually the one giving out jobs in the first place) who’s to blame for you not having your perfect dream job? 2/10 argument I can’t even believe I replied to you.

  19. Posted by sailormanariel, at Reply

    Don’t forget Reagan. He made massive tax cuts and after 8 years of Reagan the stock market crashed, the housing market crashed and the banks failed. And remember the 12 years of Republican presidents Harding, Coolidge, and Hoover. They made massive tax cuts and the stock market crashed, the housing market crashed, and the banks failed. We got the Great Republican Depression. Republicans get in and the economy crashes. That is etched in stone.

    • Posted by BFT_Neelix, at Reply

      Celso Junior, Nope it wasn’t, and the economy is not like driving a forklift that turns on a time, its like steering a ship, and it started to get bad right around that period and has been trending down for the working class ever since, primarily because as Cenk has said many times, it was in the late 70s when Nixon appointed 4 SCOTUS judges who ruled on cases which basically put our democracy up for sale to corporations. That’s the mark in history, and Reagan was the first president to take those principles that corporations wanted to benefit them and put it into overdrive and give those policies a name.

    • Posted by madmarvin99, at Reply

      vietnam war dung brain started the downhill not carter

    • Posted by Raizhen010, at Reply

      Uh no. Revenue collapsed under Reagan’s tax cuts to the point where he had to raise taxes twice.

    • Posted by mark krul, at Reply

      Remember when 40 million people in the union of soviet SOCIALIST republics were sent to camps to be worked to death by their own government? Remember when Chairman Mao starved 45 million of his own people to death from 1958 to 1962 by depriving them of grain, just so he could brag that socialism produced more grain than capitalist countries? Why are you so foolish in not knowing the real history of what Bernie Sanders and others like him stand for??? You are WARNED!

  20. Posted by Harold Jennings, at Reply

    Trump supporters are stupid. Go get a brain.

    • Posted by sylvester stallone 18446, at Reply

      Harold Jennings obama’s supporters are gay