Thursday, January 25, 2018

Debbie Wasserman Schultz poo-poos the thousand bucks tax savings

Former disgraced DNC head and current Florida congresswoman Debbie Wasserman Schultz joined another Democratic brain trust, Nancy "Dancing Hands" Pelosi, to poo-poo the $1,000 tax savings that resulted from the  Trump tax reform legislation.

An echo-chamber liberal audience at Florida Atlantic University watched Pelosi double down on her recent minimization of the cash bonuses given out by many companies such as Disney, AT&T, Comcast, Verizon, Wal-Mart, Wells Fargo, Fiat Chrysler, Southwest Airlines, Home Depot, Apple and Boeing.

The event was sponsored by a group called Not One Penny. Wasserman Schultz, who appeared with Pelosi, asserted that a thousand dollars doesn't go "very far for almost anyone."

She downplayed the impact that the bonuses and wage increases will have on middle-class families.

"Frankly, if you look at the bonuses, which I haven't heard of a corporate bonus more than $1,000 so far--which by the way is taxed, so it's not $1,000--and then you spread $1,000 over the course of a year, to think of about how much that is, of course they get it all at once. But I'm not sure that $1,000 (which is taxed, taxable) goes very far for almost anyone."

So the party that loves to tax is using the tax differential for the bonus to illustrate how little $1,000 is for "middle-class families."

Wasserman Schultz's net worth is around $972,000. 

Nancy Pelosi's net worth is $196 million on a $193,000 senator's salary. 

Why would they consider a thousand bucks significant for the average American? They are as out of touch with Americans as Harvey Weinstein.

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