Tag Archives: FACTOIDS

The Good & Bad of Trump’s Tax Cut

Seriously, I am just kidding, there’s nothing good about Trump and the GOP’s huge unfunded tax unless you’re a member of the super-duper jet club or America’s most exclusive country club crowd. If you’re just another working stiff in America, living from check to check and wondering how the hell your kids will be able to go to college without enslaving themselves in the life long debtors prison called student loans.

Whatever small gains you may experience from the tax cut will last for ten years or less. That’s because your cuts are temporary with a ten-year shelf life, after which, they expire. For that small percentage of America’s richest, the cuts are permanent and will just keep on giving. The new laws may make it easier for you to file but will do nothing to make it easier for you to meet your long-term obligations.
Continue reading The Good & Bad of Trump’s Tax Cut

Lance

ARMSTRONG: “A federal judge refused to throw out the U.S. government’s $100 million lawsuit against Lance Armstrong, meaning that the former cyclist will be going to court. Armstrong is being sued under the False Claims Act over his use of performance-enhancing drugs, which the government claims violated his contract with the Postal Service.”

Wash Pot

WASHINGTON BAD: Jeff Pence, the dude Trump is appointing to be weedbudthe next US Attorney General is not a pot friendly person. He has said in public that, “good people don’t use marijuana.” Well in the state of Washington pot sales in the 2nd quarter of 2016 reached $212 million compared to $249 million for alcohol sales.

Visit

$100,000: That’s the expected cost to NYC each time Trump goes motorcadehome for a visit. Since he plans to go home every weekend it becomes major dollars. Plus, each visit means a significant gridlock as his motor brigade travels to and from airports. Maybe this is why he only carried 10% of the city’s vote.