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Giantone · 07-31-2018, 09:09 PM

I wonder who this will help???

https://www.yahoo.com/news/m/1d4ab23...-a-%24100.html

According to independent analyses, Trump's plan would mainly benefit wealthy Americans, who make up a larger portion of asset sales. The Penn-Wharton Budget Model estimated that the change would cut taxes by $102 billion over 10 years, with 97.5% of the benefit from capital-gains inflation indexing going to the top 10% of income earners. In fact, according to its estimate, 63% of the benefit would go to just the top 0.1% of income earners.

07-31-2018, 09:09 PM	#1072
Giantone Gamebreaker Join Date: Apr 2006 Posts: 14,433	Re: When is Enough ,Enough? I wonder who this will help??? https://www.yahoo.com/news/m/1d4ab23...-a-%24100.html According to independent analyses, Trump's plan would mainly benefit wealthy Americans, who make up a larger portion of asset sales. The Penn-Wharton Budget Model estimated that the change would cut taxes by $102 billion over 10 years, with 97.5% of the benefit from capital-gains inflation indexing going to the top 10% of income earners. In fact, according to its estimate, 63% of the benefit would go to just the top 0.1% of income earners. __________________ ....DISCLAIMER: All of my posts/threads are my expressed typed opinion and the reader is not to assume these comments are absolute fact, law, or truth unless otherwise stated in said post/thread.