SORRY BUDDY BUT IT SEEMS YOU HAVE BEEN MISLED
(1)
Firstly I sincerely hope that you do well.
I don’t care who you voted for; you’re not my enemy.
(2)
The reality of the free market suggests that you will not
see a spike in your compensation due to the election of
any president.
The cold hard fact is that employers shall always pay you
as less as they can in order to minimize their expenses.
Employers will always charge as much as they can for
their products and services as consumers are willing to
pay, in order to maximize their profits.
(3)
So where does the president come into the picture?
The president’s job is to make sure that policy and laws are
managed well and that everything continues to run smoothly.
When everything runs smoothly, people become comfortable
and they feel secure and, as a consequence, they spend
more money on stuff that they don’t need but that makes them
happy. This keeps employers happy and their businesses
stable. It’s a win-win for everybody.
Obama did this wonderfully btw, by implementing Dodd-Frank
legislation after the Great Recession that he inherited from
Bush in 2008.
(4)
Trump said that he would lower taxes for the middle class
[that’s you] by 35%.
However, an analysis of his tax plan shows that it would
actually increase taxes for some middle class workers:
https://www.yahoo.com/finance/news/middle-class-trump-plan-mean-tax-increase-153628510--finance.html
(5)
Issuing huge tax-cuts is a big mistake.
If it becomes known that on June 1st everybody shall have
20% more money in their pocket the consequence shall
simply be that sellers, of everything, shall increase their
prices by 20% because they know you have more income
and it won’t hurt you to spend it; and you WILL spend it.
You may say that this is just theory.
Well it isn’t; it actually happened in the US.
President Reagan issued large tax-cuts and what I said
above that would happen, actually happened.
The middle class didn’t get to hold onto that money.
The rich were not about to let this happen.
Watch the link below – it is very easy to understand.
http://www.youtube.com/watch?v=z5CCRI1vdwE
Finally another downside of massive tax-cuts is the
inevitable increase in the National Debt.