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vt90

Joined: 12/12/98 Posts: 38191
Likes: 12777


Actually they don't as far as their personal taxes go ...


If they hold significant shares in their companies then their wealth will increase if the stock goes up because of the cut in corporate tax rates. But that also helps all of the other shareholders so it isn't limited to the wealthy.

And the top .1 percent and probably down to at least the top 5 percent will pay more in taxes than they used to.

(In response to this post by VTSnake)

Posted: 02/12/2019 at 2:15PM



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Current Thread:
 
  
CPA: What % of your clients are actually paying more? -- VaAkita 02/12/2019 12:10PM
  Yes 80 percent paid less in taxes -- capitals1 02/12/2019 1:12PM
  You don't sound snarky. -- MP4VT2004 02/13/2019 12:50AM
  I understand your premise -- RTFC 02/13/2019 10:19AM
  That's not how I understood it -- RTFC 02/12/2019 4:26PM
  Sorry, I didn't explain it very well. -- MP4VT2004 02/13/2019 12:57AM
  Media spinning it ** -- DaveVT 02/12/2019 12:36PM

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