Thread: SSOTT
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      03-20-2018, 10:04 AM   #352
bradleym
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These are projections, and I think the point is that Berkshire Hathaway will benefit in 2018 to the tune of 50% of its 2017 profit -- don't know if true, but that is the assertion.

The pie chart represents the 'amount of tax benefit' that goes to those groups, NOT the percentage of population in those groups.

Quote:
Originally Posted by Kidscollege$ View Post
Not sure how Trumps tax cuts gave him the profits in 2017, when they did not come into effect until 2018? Also, 16% of the country makes between $50k-$75k. Not exactly sure how the 2017 numbers are even available since taxes have been filed yet...

Here is some statistics. It appears the about only 40% make over $75k based on 2016 numbers. https://www.statista.com/statistics/...ome-in-the-us/
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