Saturday, December 23, 2017

Fun with Numbers, Christmas Edition

Republicans know that many of their voters ended their educations in high school, and don't understand any math more complex than first-grade arithmetic. That's why they're making a big deal out of the number 1,610. That's the average dollar amount of the income tax cuts effective in 2018, according to GOP con artists. All those Billy Bobs and Molly Sues in Red State America are already planning how they'll piss away their windfalls at Walmart.

A closer look at the numbers behind the other numbers:
  • People with incomes of 1,000,000-plus will receive an average cut of 69,660.00 annually.
  • People with incomes between 50,000 and 75,000 will receive an average cut of 870.00 annually.
The millionaires get an average tax reduction of about 3.3 percent, and the middle class gets an average reduction of 1.6 percent. Even better, it's possible that middle class taxpayers will see their tax cuts swallowed up by increased health insurance expenses. When that axe falls, I hope it falls hardest on people who voted for Donnie Dribble and congressional Republicans.

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KEY FACT

Dedicated to Jim Ferguson. If you don't know who Jim Ferguson is, you (a) haven't seen The Missouri Breaks, or (b) have an inadequate ability to fully assimilate movie trivia.