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The bottom 95% got 1.4% cuts or less, top 5% got over 2x

Posted on: January 27, 2025 at 10:34:22 CT
SparkyStalcup MU
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that rate.

40% of all tax savings went to the top 5%, with abot half of that going to the top 1%

Only 18.7% went to the bottom 60%.

So yes, all income did get some relief (although very small for folks <100k in income). This amount was not large enough to be stimulative.
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Why was there (essentially) no inflation during the entire - Spanky KU - 1/27 09:56:52
     The economy recovered very slowly from the 2008 recession - SparkyStalcup MU - 1/27 10:20:56
          The 2008 recession ended in June 2009. The Fed continued - Spanky KU - 1/27 11:00:07
               there was inflation - Seagull MU - 1/27 11:12:17
                    You do realize that the argument is that Money supply - Spanky KU - 1/27 11:20:10
                         Sparky is a Keynesian. - pickle MU - 1/27 11:34:45
                              Nope. I am asking for an explanation on why - Spanky KU - 1/27 12:01:14
                                   well, you’re wrong and an idiot (nm) - pickle MU - 1/27 12:27:49
                                        Keep avoiding answering.. I am not wrong - Spanky KU - 1/27 13:11:50
                                             Trump printed $6 trillion causing inflation(nm) - TigerMatt KC - 1/27 15:49:38
                                   if there was an increase in money supply, by definition, - Seagull MU - 1/27 12:03:43
                         I just told you (nm) - Seagull MU - 1/27 11:26:03
          Trump's tax cuts cut taxes for every group - 4TigersinMichigan MU - 1/27 10:27:11
               Posted in the wrong place - Spanky KU - 1/27 11:17:23
               The bottom 95% got 1.4% cuts or less, top 5% got over 2x - SparkyStalcup MU - 1/27 10:34:22
                    Those who pay the most get the most - 4TigersinMichigan MU - 1/27 11:13:29
                    You can't give tax cuts to people who don't pay any - RHAYWORTH MU - 1/27 10:56:47
                         SS is a tax, idiot(nm) - meatiger MU - 1/27 14:26:23
                              Meated that one . - RHAYWORTH MU - 1/27 15:59:21
                         SS is a tax to fund current receipients - Seagull MU - 1/27 10:59:20
                              Correct - Wildcat KSU - 1/27 11:00:40
                    Let's hope they do it again - Wildcat KSU - 1/27 10:44:10
          RE: The economy recovered very slowly from the 2008 recession - sarasotatiger MU - 1/27 10:24:52
     RE: Why was there (essentially) no inflation during the entire - sarasotatiger MU - 1/27 10:06:33
          and yet there wasn’t. - Spanky KU - 1/27 11:00:54




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