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You are here: MacNN Forums > Community > MacNN Lounge > Political/War Lounge > Paul Ryan uses $1.50 paycheck increase to brag about tax bill

Paul Ryan uses $1.50 paycheck increase to brag about tax bill
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The Final Dakar
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Feb 3, 2018, 07:19 PM
 
This is how either out of touch or heartless Ryan is: He thinks a $1.50 more every week (That's $72) justifies a 1.5T tax bill.



He got ratio'd so hard he deleted the damn thing. He then followed it up with this:
https://twitter.com/PRyan/status/959519794138509312
“I have heard time and again that the middle class is getting crumbs, but I’ll take it!”
"I'll take the crumbs!" says starving man.
"I'm such a good person," Paul Ryan thinks to himself and he throws crumbs on his way to cash a $500,000 check from the Kochs.

Fun math: https://twitter.com/mattyglesias/sta...47540886827008
$1.50 a week for 52 weeks equals $78 per year, times 125 million workers that equals $9.75 billion a year.
$9.75 b x 10 years = 97.5 billion.
Round that up to 100 billion, and subtract that from 1.5 trillion and you're left with...
1.4 trillion.
     
subego
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Feb 3, 2018, 10:10 PM
 
This is one I’ll give the press for not sensationalizing enough.

From the headlines, I came away with the impression it was per hour.


Math note: high school isn’t 52 weeks.
     
turtle777
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Feb 4, 2018, 01:57 AM
 
Originally Posted by subego View Post
Math note: high school isn’t 52 weeks.
They still get paid, right ?

-t
     
subego
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Feb 4, 2018, 02:34 AM
 
I was assuming not, but could certainly be wrong.
     
andi*pandi
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Feb 4, 2018, 07:24 PM
 
Some teachers can either choose to just get paid during the school year or have the paychecks prorated for the summer months, smaller paychecks year-round. Depends on your ability to budget, and expectations for summer jobs, I expect.

Also: whoopdefricking woo $1.50 a week. I think I lost money with this tax cut. I am by no means rich.
     
Doc HM
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Feb 5, 2018, 10:23 AM
 
I have several very wealthy clients. There ability to understand how normal people live daily and the pressures of living on limited income is essentially zero. Zip. Nada. They are (mostly) nice guys, not rampant evil moustache twirling poor haters etc, but they basically have zero connection to the world everyone else lives in. And by zero I mean absolutely completely utterly and all encompassingly zero.

Sadly these are often the same people who end up making or advising on government policy.
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Laminar
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Feb 5, 2018, 12:42 PM
 




/r/theydidthemath verified the last one - the stated tax benefit to the Kochs comes out to $27 mil/week.
     
The Final Dakar  (op)
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Feb 5, 2018, 02:01 PM
 
Jesus, I thought it was hyperbole
     
Laminar
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Feb 6, 2018, 11:32 AM
 
https://americansfortaxfairness.org/...w-helped-pass/

Consider the source, but their numbers are in plain view.

The Koch groups spent over $20 million promoting the tax bill that ultimately became law, according to a fact sheet they provided to the Wall Street Journal. Their efforts included town halls, door-to-door canvassing, and television ads—not to mention direct lobbying—in favor of the tax cuts. Now that the bill is law, they’ve pledged to spend millions more promoting it to the public in an effort to protect the members of Congress who voted for it.
     
Doc HM
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Feb 7, 2018, 12:29 PM
 
Ah Trickle down.
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Doc HM
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Feb 7, 2018, 12:34 PM
 
http://www.bbc.co.uk/programmes/b09pl66b

Possibly not available to outside UK people, but BBC radio 4 programme on the effects of the £500 billion QE experiment over here which (according to the UK governments own statistical sources) has resulted in around 0.8% of the money actually reaching productive areas of the economy.

So that's nice. At least 0.8% of half a trillion is something right.
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