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I am putting forth the Jeff For Banks (jfb) Federal Income Tax system that is fair, easy, and balanced. Lest I hear from the Oracle of Omaha about how he pays a lower tax rate than his secretary, I have your fix Mr. Buffett. Poor Mitt had an effective tax rate of 17%. The jfb Federal Income Tax System. Jeff P.S.
We must also keep our focus on protecting the 2017 tax cuts and, as always, monitoring and confronting credit union overreach. Omaha, Neb. For instance, ICBA is calling for congressional hearings on the credit union tax exemption. Their insights are critical to the path we chart for this great industry.”.
This is because the economy has been gaining momentum, however modest, from the tax cuts and deregulation. As well as the economy has been doing from the momentum of tax cuts and reduced regulation, there are always looming issues. The economy has grown 2.2% Consider the trade wars and tariffs.
Today, the “Oracle of Omaha’s” net worth is almost $83B — making him the third wealthiest person in the world, after Jeff Bezos and Bill Gates. He preaches the importance of fiscal responsibility, and he still lives in the house he bought in Omaha for $31,000 in 1938. Two decades later, he was a billionaire.
No less than the Sage of Omaha thinks it might be. One potential salve for incomes would be the earned income tax credit, which Buffett has said would do relatively more to help average Americans in a capitalist system that he said works. Is the U.S. economy weaker than some of the data might show?
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