BILLINGSGATE POST: President Trump revealed today that he would build the wall by taxing the imputed income of mothers who stay at home to care for their children. Citing a study by Harvard economists who evaluated what a "full-time-stay-at-home" mother would make if she were paid for her labors, President Trump said that their estimate of $134,120 gross income seemed fair.
This amount would currently put them in the 25% Federal Tax Bracket. However, with standard deductions, the percentage would be closer to 17%. Based on the above gross imputed income, this would have these mothers pay a Federal Income Tax of approximately $22,800 each.
At today's White House briefing, beleaguered spokesman Sean Spicer was asked why the President has backed down on his vow to make Mexico pay for the wall. Spicer replied by saying that Trump had grown weary of hearing disgruntled mothers complain that they were unappreciated for doing their household duties; including cooking, cleaning, van driving, providing psychological support for their children and performing various sex acts on their husband.
"The genius of this tax is that it automatically gives full employment status to millions of people who are currently listed as 'unemployed.' And by forcing taxes to be paid on their imputed income of $134,200, it will increase tax revenue by approximately $1,000,640,100,000 a year, as determined by the non-partisan Congressional Budget Committee. This will be more than enough to pay for the wall. It is highly unlikely that the imputed income of grandparents who care for their grandchildren will be taxed."