HOW MUCH IS A TRILLION DOLLARS
astonishing; incomprehensible; what does it really mean? is it really debit. What is the vallue of the assets that back it up? What if we cancelled the debt?
astonishing; incomprehensible; what does it really mean? is it really debit. What is the vallue of the assets that back it up? What if we cancelled the debt?
The Democrats argue the new tax plan benefits the rich. In % terms it benefits the middle class. In absolute dollar terms it benefits the rich because they pay 95% of the taxes. Listen to Sandra Huckabee and study the table below to see what is really happening.
NOTE WELL: under of the old tax plan, the top bracket paid 60% of the beer bill. Under the trump plan, the top tax bracket pays 62.5% of the bill bill. and remember if the top tax bracket beer drinker quiits and goes overseas, the the remaining 9 beer drinkers on have $30, not enough to pay the bill.
Notes on Colin Powell:
David Rubenstein, founder of the Carlyle Group ($174b in assets), hosts the Sunday morning TV show: Peer to Peer Interview on Bloomberg News. He interviewed Colin Powell on 12/3/2017.
It was a clarifying interview, since Powell is usually misquoted, taken out of context. and certainly mischaracterized by the fake news media. My take-aways: