Trump may unveil 'middle-income' tax plan next year

[left-of-center2012]

U.S. President Donald Trump said on Thursday his administration may unveil a tax overhaul plan aimed at middle-income households next year, amid the 2020 presidential election.

“We’ll be announcing it sometime in the next year. It’ll be a very, very substantial tax cut for middle-income folks who work so hard. And we’ll look forward to that. We’re going to work on it altogether,” Trump told Republican lawmakers, without providing any additional details. “Donald Trump is doing so much for middle-income folks, but no one talks about it.”

Trump has said his administration was considering potential tax cuts, seeking to play down market anxieties over a possible recession.

In 2017, Trump passed a tax overhaul passed by the Republican-led Congress benefiting corporations and the upper income.

https://www.reuters.com/article/us-usa-economy-tax/trump-says-he-will-unveil-middle-income-tax-plan-in-2020-idUSKCN1VY017

[ProudMNDemocrat]

1. Election scam in order to get re-elected.....

Trump lies so much. This is just another one.

[spanone]

2. Buying Votes.

[bluestarone]

10. So TRUE!

Should be illegal in an election year!

[CousinIT]

3. Oh they'll CUT middle income taxes. Mostly SOCIAL SECURITY.

Which will DEPLETE the trust fund. Which will result in CUTS to payouts and the system falling short even SOONER.

People, they're trying to BREAK SOCIAL SECURITY - basically to DEFUND it via "middle class tax cuts"

Oh. HELL. NO!

[TruckFump]

12. I hear you totally.

Social Security was to be a safety net for Seniors. It simply is not...and if MF45 gets a go at a supposed Middle Class tax break, IMO, us Seniors can kiss our Social Security good-bye.

[ooky]

22. Democrats should be driving this point home as hard as Republicans are driving

the socialism rhetoric.

[TruckFump]

23. The Socialism name calling is silly IMO.

The "socialism" BS really gets to me. ANYTHING that benefits the public in general and controls the evil forces found in government and industry that rides over the individual, well, all of that could be called "socialism" because it does not allow government and corporations to screw anything and everyone.

[Blue_true]

28. Look, republicans ARE going to call us socialists. Being all pissy about them doing that

accomplishes NOTHING. What we must do is relentlessly explain why what we are proposing IS how America became great. We can't get into long word salad explanations that leave people confused, we must talk in plain language and explain in detail how we will accomplish our goals, and our numbers MUST be capable of standing up to close scrutiny.

[ooky]

32. The Republican's socialism rhetoric is a boogeyman. It is intended to scare

ignorant people, particularly old ignorant people who are afraid it means the ghost of evil Nikita is coming to "bury them".

Those same old people love their social security. We need to scare them every day with the truth, that if Trump is re-elected his goal is to take it away from them.

[ooky]

4. At this point in time I can't imagine anyone stupid enough to believe this.

[The Velveteen Ocelot]

8. Unfortunately, the MAGA cult believes everything he says.

Fortunately, their numbers seem to be dwindling.

[Blue_true]

29. Their numbers seem to be dwindling, but Trump will dig up a new hate target

to get their blood boiling again. And we will see the abundant "Blacks for Trump" (on the vehicles of White people), "Muslims for Trump", "LGBTQ for Trump" stickers. It will all be bullshit, but if it can convince that Surburban mom in a swing state that maybe she is wrong about him, those things accomplish what they set out to accomplish.

[JHB]

24. I can imagine about 33% of Americans who are dumb enough to believe it.

Believing it "owns the libs", don'tcha know.

[0rganism]

26. 1/3 of the country

sorry but we are that stupid
oh yeah, don't forget the 1/6 - 1/5 of the country who knows it's bullshit and support it anyway

[ooky]

33. I don't believe they are really that stupid. I mean, that is really, really

really stupid, to actually believe that. I think most of them know it's bullshit and don't care.

[struggle4progress]

5. "Hah! I distracted you with more noise! This is fun!"

[at140]

6. I can use a tax cut but not by increasing the national debt!

Donny wants lower interest rates so that his leveraged businesses will pay less.
His tax cut last year benefited him 1000,000 times more than it benefited me.

[PJMcK]

7. Don't hold your breath

Trump has often declared that something would happen and then, pfft, nothing.

He's so transparent that I'm baffled how anyone could trust a word out of his pie-hole.

[Blue_true]

30. As long as I have known of him, he has done that.

Put on a grand show, talk big about how wonderful what he is bring will be, start cheating people right out of the gate, fail and leave behind people holding the bag.

[brewens]

9. That can't happen without also giving the wealthy a bigger tax cut, which really works out

to be no tax cut at all. The people at the top gain more and it widens the income gap.

[ScratchCat]

11. Hidden in this fake announcement

Is the admission that his previous tax plan didn't help the middle class. Too bad someone couldn't have called him on that live on tv.

[Johonny]

13. LOL, he promised the last one would be a middle class tax plan... *ing liar

[Takket]

14. i wouldn't put it past him to propose ending income tax all-together

he'll do anything to get re-elected even if it means destroying the country because he knows the instant he loses the shield of the presidency he is going to be arrested.

[ScratchCat]

15. Trump Knows

That Barr is the only person who will not let SDNY indict him on Campaign Finance charges and that SDNY ise set to unveil the indictment the minute a new AG is installed. That much is 100% obvious based upon the charging documents for Cohen and Trumps insistence that Barr and nobody but Barr be AG.

[pwb]

17. Im waiting for him to declare he is a democrat to win.

.

[ooky]

16. Of course this is another lie, but I would like to see the House

pass a bill with a tax cut for the non-wealthy paid for with a repeal of the 2017 tax scam and get it in front of voting Americans, so they can feel and touch what is actually possible if they elect democrats in a sweeping 2020 victory. Already set to go to a Democratic Senate and POTUS that will sign it into law.

[Quemado]

18. Another false hope for his minions.

He'll probably break any promises he makes.

[ReformedGOPer]

19. He said the same thing in late October, 2018.

How'd that work out?

[JDC]

20. More "we're looking at it very strongly" BS

[SWBTATTReg]

21. Of course, sure. Where the one that you promised in the last election, you moron? NT

[smirkymonkey]

25. Bullshit!

[Blue_true]

27. Leopards and con artists never change their spots, they just figure out another was to disguise. nt

[Bengus81]

31. And if retired most will get......NOTHING

In fact when some of it is used to GUT Social Security retired people will get LESS than nothing.