Mnuchin says the middle class will see benefits from the tax bill "right away" - Face The Nation

[Donkees]

Published on Dec 17, 2017
Secretary of the Treasury Steven Mnuchin joins Face the Nation Moderator John Dickerson to discuss the final version of the GOP tax bill.

[onecaliberal]

1. I dont know how that fucker doesnt spontaneously combust.

[underpants]

2. You can see it but don't touch it yet peons

[femmedem]

4. According to the calculator I used, my taxes will go up about $370. I make $37,000 per year. n/t

[Hoyt]

6. If you made $37,000, I don't see how your taxes could go up unless you own a $5Million house

and somehow manage to pay tens of thousands in property taxes, you have a number of children (even then the child tax credit should offset), you have a very unique situation, or have a bunch of children.

Try these tax calculators --

https://www.nytimes.com/interactive/2017/12/17/upshot/tax-calculator.html?mtrref=www.google.com&gwh=987EA340ADCC531E33A4133D13DB3C33&gwt=pay

http://taxplancalculator.com/

https://www.calcxml.com/calculators/trump-tax-reform-calculator


Now, I agree there is plenty of junk in that tax plan that will "cost" us in the future, but most people won't understand that as long as they see some extra money in their paycheck.

[femmedem]

9. Thanks. One of your links showed a savings of about $350.

I'd used this: https://blog.taxact.com/tax-cut-jobs-act-calculator/

No kids, a house worth about $80,000.

[Hoyt]

10. Better than paying more. If this plan had really been fair, it would have been weighted a lot more

toward folks making less than $50,000 or so. But at least you aren't paying more directly.

We can only guess what impact of increased deficit/debt, repeal of ACA mandate in 2019, etc., has. Probably won't be good.

[democratisphere]

3. Mnuchin is a graduate of the drumpf University School of Lying and Bullsh't.

[safeinOhio]

5. If you can fill out your tax return on a post card,

how come H&R Block Inc. stock is going up and not down? Just asking.

[handmade34]

7. seriously?

oh my is he creepy

[Wellstone ruled]

8. One major thing that has not surfaced is,

401k and IRA contributions as well as Dispersal's. This must be those magic beans the Rethugs are talking about for all those Middle Class so called families. Case in point,only allowed to put in 24 hundred per year,were it used to be 64 hundred. Magical Family wealth increase==4 thousand dollars. You get it now? Bean Stalk Time!

[Miigwech]

11. 'Step inside folks, to see a real life talking, brainless, soulless,

arshole, all the way from Wall St, for your very entertainment'

[tomhagen]

12. Enjoy your $50 rebate. Mnuchin will his enjoy his Gold Plated Jets

[MiniMe]

13. People will start seeing the effect right away because they will play with the withholding tables

So you will see more money in your paycheck. It doesn't mean you owe less at the end of the year. Ronnie Raygun used that trick too.

[Plucketeer]

14. Gonna be interesting to hear the Trump faithful

when February comes and goes and they've got NOTHING that this ass hat predicts here. He needs to be force-fed hundred dollar bills, continuously - without anything to drink.

[turbinetree]

15. I wonder if Mnuchin has thousands of shares of stockes

Reckitt Benckiser, because the american middle class making less than $75,000 is going to need some, while him makes millions