#TrumpTaxCuts

Hi, everybody!👋😎

Have You ever think how much money will You save if suddenly once upon a time the Government desides to eliminate revenue ir income taxes?🤔

Well, if You assume 20-40% income tax in different countries, average salary 32-10858 USD per month appropriately and 10 working months, then reserving that money for savings, You maybe become a dollar millionaire in a short time:

10x32x20%=64 USD per year in pessimistic varriant (not so much) and

10x10858x(20...40)%=21716...43432 USD per year

which means You will become a dollar millionaire in 23 years.

But if You use different methods to increase the savings via bank deposits or bonds, stocks, real estate, etc. You will achieve the 100M goal in a much more shorter time.

And recently U.S. President said the U.S. may reduce or even eliminate federal income taxes (30% of income) once the new tariff regime is fully in place!!!☝️😉

This could reshape the economic landscape... but how real is this???🤔 and what a consequences can be after it???🤔

IMHO, it is not realistic, because it will affect not only on U.S. economics but also on global one bringing to unhealthy competition, new waves of migration to the "shiny city on the hill" USA with a new issues: demographic, political, economical and other...

Good luck!😎👍