BILLINGSGATE POST: House Minority Leader Nancy Pelosi told Joe Scarborough and his nodding accomplice, Mika, that the Republicans will attempt to balance the budget by taxing the imputed income of mothers who stay at home to care for their children. Citing a study by the Congressional Budget Committee who evaluated what a "full-time-stay-at-home" mother would make if she were paid for her labors, Congressman Paul Ryan said that their estimate of $134,120 gross income seemed fair.
Ryan said that 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 White House Press Secretary Sarah Huckabee Sanders was asked if the President would sign this bill. Sanders replied by saying that the President 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.
Sanders: "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."