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	Comments on: Why Raise Taxes on the Top 10% &#8211; Instead Support Job Creation with a Doable 10% 10-Year Consumer Tax Cut.	</title>
	<atom:link href="https://thyblackman.com/2026/01/22/why-raise-taxes-on-the-top-10-instead-support-job-creation-with-a-doable-10-10-year-consumer-tax-cut/feed/" rel="self" type="application/rss+xml" />
	<link>https://thyblackman.com/2026/01/22/why-raise-taxes-on-the-top-10-instead-support-job-creation-with-a-doable-10-10-year-consumer-tax-cut/</link>
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		<title>
		By: Pelvo White, Jr.		</title>
		<link>https://thyblackman.com/2026/01/22/why-raise-taxes-on-the-top-10-instead-support-job-creation-with-a-doable-10-10-year-consumer-tax-cut/comment-page-1/#comment-723625</link>

		<dc:creator><![CDATA[Pelvo White, Jr.]]></dc:creator>
		<pubDate>Sat, 24 Jan 2026 17:49:28 +0000</pubDate>
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					<description><![CDATA[This is a masterful work. I applaud your efforts.I think, through your simplification of data presentation, shines much light on the working of our taxation process. At this point, I am not convinced that our tax preparers are accurately using our 1040 tax forms, and their accompanying schedules accurately in order to benefit blacks who are in legitimate business. The IRS encourages the tax payer to utilize their tax forms, and schedules legally to get their deserved  tax credits, and refunds.]]></description>
			<content:encoded><![CDATA[<p>This is a masterful work. I applaud your efforts.I think, through your simplification of data presentation, shines much light on the working of our taxation process. At this point, I am not convinced that our tax preparers are accurately using our 1040 tax forms, and their accompanying schedules accurately in order to benefit blacks who are in legitimate business. The IRS encourages the tax payer to utilize their tax forms, and schedules legally to get their deserved  tax credits, and refunds.</p>
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		<title>
		By: James Davis		</title>
		<link>https://thyblackman.com/2026/01/22/why-raise-taxes-on-the-top-10-instead-support-job-creation-with-a-doable-10-10-year-consumer-tax-cut/comment-page-1/#comment-723612</link>

		<dc:creator><![CDATA[James Davis]]></dc:creator>
		<pubDate>Sat, 24 Jan 2026 15:46:43 +0000</pubDate>
		<guid isPermaLink="false">https://thyblackman.com/?p=138003#comment-723612</guid>

					<description><![CDATA[Trump announced measures in recent weeks that could modestly benefit consumers, if they go into effect.


1) A 10% cap on credit-card rates. Doing this essentially makes more money available to Consumers to spend.  

2) The use of tariff revenue to fund a $2,000 one-year Consumer Tax Cut.

3.) The banning of large and institutional investors from buying large tracts of single-family homes, which should reduce rents as many of these homes are rented out, many times at a higher rate than the prevailing rental rates. 


However, 5 huge Tax Cuts, by Republican administrations to the wealthy, since 1986 have powered and enhanced the top 10%-20% economically but has never resulted in the millions of Jobs promised to American voters.


“Even swap ain’t no swindle.”

A Direct Consumer Tax Cut to the bottom 70%-80% has proven to be an efficient engine of millions of Jobs, as illustrated by the article. Why?! Rich people spend tax cut money differently, then the bottom 70%-80%. The bottom 70%-80% spend money on products, and services. Look at what is happening around you, as the top 10%-20% spend Trump’s $3.4 trillion Tax Cut. Investment markets have reached multiple new highs, while the bottom 70%-80% is experiencing inflation, affordability issues and layoffs.


Band aids such as the 3 measures mentioned above aren’t the solution. As stated above, “Even Swap ain’t No Swindle” – Give the bottom 70%-80% a real tax cut, just like was given to the top 10%-20%, as he stated in his promotion of the OBBB - “The One Big Beautiful Bill delivers the largest tax cut for working-and middle-class Americans in history.”


A 10 year 10% $25,000 Boomer Consumer Tax Cut “trumps” all 3 of those half measures!  Honor and respect fellow Americans for having some brains, when it comes to the economy and tax cuts.]]></description>
			<content:encoded><![CDATA[<p>Trump announced measures in recent weeks that could modestly benefit consumers, if they go into effect.</p>
<p>1) A 10% cap on credit-card rates. Doing this essentially makes more money available to Consumers to spend.  </p>
<p>2) The use of tariff revenue to fund a $2,000 one-year Consumer Tax Cut.</p>
<p>3.) The banning of large and institutional investors from buying large tracts of single-family homes, which should reduce rents as many of these homes are rented out, many times at a higher rate than the prevailing rental rates. </p>
<p>However, 5 huge Tax Cuts, by Republican administrations to the wealthy, since 1986 have powered and enhanced the top 10%-20% economically but has never resulted in the millions of Jobs promised to American voters.</p>
<p>“Even swap ain’t no swindle.”</p>
<p>A Direct Consumer Tax Cut to the bottom 70%-80% has proven to be an efficient engine of millions of Jobs, as illustrated by the article. Why?! Rich people spend tax cut money differently, then the bottom 70%-80%. The bottom 70%-80% spend money on products, and services. Look at what is happening around you, as the top 10%-20% spend Trump’s $3.4 trillion Tax Cut. Investment markets have reached multiple new highs, while the bottom 70%-80% is experiencing inflation, affordability issues and layoffs.</p>
<p>Band aids such as the 3 measures mentioned above aren’t the solution. As stated above, “Even Swap ain’t No Swindle” – Give the bottom 70%-80% a real tax cut, just like was given to the top 10%-20%, as he stated in his promotion of the OBBB &#8211; “The One Big Beautiful Bill delivers the largest tax cut for working-and middle-class Americans in history.”</p>
<p>A 10 year 10% $25,000 Boomer Consumer Tax Cut “trumps” all 3 of those half measures!  Honor and respect fellow Americans for having some brains, when it comes to the economy and tax cuts.</p>
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