RE: This Is What Happens When You Put An Idiot In Charge of a Complex System
July 28, 2018 at 3:32 pm
Of course, he had a whole party of fucking morons pushing this through.... but it is working out pretty much like the Dems said it would!
https://finance.yahoo.com/news/business-...04363.html
Fuck all republicunts.
https://finance.yahoo.com/news/business-...04363.html
Quote:Business tax payments plunge, while workers pay more
Quote:Workers are shouldering a rising share of federal revenue, while tax payments by businesses are plunging toward record lows.
Treasury Department data for the first half of 2018 show individual income tax receipts rose 8.1%, to $915 billion. Corporate income tax receipts fell 32.4%, to $100 billion. The sharp decline in corporate tax revenue is largely a result of the tax cuts President Trump signed into law at the end of 2017, which cut the top corporate rate from 35% to 21%.
Fuck all republicunts.