Are you concerned the tax bill is laden with loopholes for Wall Street's wealthiest?

*Let's say the flat tax is 30%. *Median house price is $220k. Assuming a 30 year mortgage at 5% with $0 down. That's about $1,200 a month. *Health insruance premiums are about $813 a month. Let's round up to $1,000. *I don't have car insurance statistics. I have 2 cars and pay $140/mo. One's old. So let's say 3 cars would be about $400 (or less) a month on car insurance. *Honda Civics are about $169/mo. So let's say 3 cars, about $600/mo. *Gas for card about $500/mo. *Utilities about $300/mo. *Food. Let's say $250/wk. So $1,000 per month .

So that's $5,000 per month. Please let me know if I'm missing any necessities. I've got shelter, food, utilities, transport, health insurance, car insurance. I'm not sure I'm missing anything.

If a family of 4 is making 100k a year, then their flat tax is 30k. Take home is 70k. That's $5,833.33 per month.

That leaves them with about $833.33 per month to save, or spend on other stuff. They could get rid of a car and decide to drive their kids around, or have them take the bus. That would increase this $833 number. Hardly paycheck to paycheck. And if a family of 4 making over 100k per year is living paycheck to paycheck, then they're living beyond their means.

Some states have the federal minimum wage of $7.25 per hour. I'm going to be very generous and say the average minimum wage is $10/hr. Two parents making that would be $41,600. Take away the flat tax rate of 30% leaves us with $29, 120 per year or $2,426 per month.

Its pretty easy to cut about $2,574 from that $5,000 from earlier. Get rid of 2 cars saves you about $1,000. Could save another $200 if you buy cheaper food. Live in a much much worse house and save another $500. Utilities wouldn't fluctuate that much, so let's just cut all the health insurance. So thats $2,700.

If you take a flat tax from a family making 200k+ a year, they'd barely notice. If you take a flat tax from a family making 100k+ a year, they don't get family vacation. If you take a flat tax from a family making minimum wage, they don't get health insurance.

If a family is living paycheck to paycheck that is not my problem.

I guess you just don't care about other Americans? That must be the only answer. They're not you. You don't know them. You just don't care about their lives.

/r/AskTrumpSupporters Thread Parent