2017 "Tax Reform": They'll Screw This Up Too, Right? - Page 28 - Politics and Economics

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2017 "Tax Reform": They'll Screw This Up Too, Right?

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11-02-2017 , 10:32 AM

#676

Riverman

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Yes it is. It's an abomination.

11-02-2017 , 10:38 AM

#677

Namath12

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Homebuilder stocks tanking on tax bill news for you short sellers out there, go get dat MONEY

11-02-2017 , 10:50 AM

#678

Zimmer4141

Wet

Join Date: Oct 2005 Posts: 33,667

This bill is basically a giant FU to anybody living in a major city

11-02-2017 , 10:52 AM

#679

raradevils

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Quote:

Originally Posted by Zimmer4141

This bill is basically a giant FU to anybody living in a major city

Vote republican next time obviously....

11-02-2017 , 11:06 AM

#680

TiltedDonkey

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Join Date: Sep 2013 Posts: 2,975

Go **** yourself.

11-02-2017 , 11:16 AM

#681

Huehuecoyotl

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For a plan to simplify the tax plan this is complex as hell.

11-02-2017 , 11:17 AM

#682

otatop

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Quote:

Originally Posted by Riverman

Yes it is. It's an abomination.

Imagine for a moment you care more about getting an extra $38 a week than you do about literally any other human being's rights and it becomes a pretty good bill.

11-02-2017 , 11:17 AM

#683

TheHip41

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Quote:

Originally Posted by TiltedDonkey

Go **** yourself.

2nd

11-02-2017 , 11:18 AM

#684

Namath12

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yup

11-02-2017 , 11:19 AM

#685

Zimmer4141

Wet

Join Date: Oct 2005 Posts: 33,667

Quote:

Originally Posted by raradevils

Vote republican next time obviously....

So we're now governed by a bunch of racketeering mobsters?

Better vote for us or you're not gonna like it... Is literally the opposite of how Democracy is supposed to work.

11-02-2017 , 11:24 AM

#686

Huehuecoyotl

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The GOP plan for defending the tax bill?

Lie

Quote:

The playbook is pretty straightforward: Deny the most potent attacks are true.

Is this just a tax cut for wealthy people? “No.”

Most of the cuts will go to the wealthy! “That’s just not true.” (A Tax Policy Center analysis of an earlier Republican outline found “those with the very highest incomes would receive the biggest tax cuts.”)

It’s an attack on the middle class! No, it’s “a direct and immediate boost for middle-income Americans who have been struggling to get by.”

https://www.vox.com/policy-and-polit...-counterpoints

Or simply deny reality in the face of ideology

Quote:

Republicans really want to cut the corporate tax rate. It’s the centerpiece of every plan they have released, and they’ve spent weeks floating wildly unpopular ways to pay for it.

There’s just one problem: It’s really unpopular — even among Republican voters.

Just 60 percent of registered voters think corporations pay “too little” in taxes, according to a September poll from Morning Consult and Politico, surveying a little under 2,000 Americans. A more recent Morning Consult and Politico survey from October found only 39 percent of Americans think it should be part of the tax plan — with 59 percent of Republican voters supporting it. Another poll from Pew Research Center showed that 53 percent of Republicans think corporate tax rates should either be raised or stay the same.

But confronted with these numbers, House and Senate Republicans seemed unfazed.

“Who cares?” Rep. Chris Collins (R-NY) said before I had a chance to say what the polls showed.

Others said they didn’t believe the numbers.

“I don’t believe that poll,” Rep. Greg Walden (R-OR) said. “I don’t believe it. It’s in all of our best interest to have these tax cuts for corporations...”

https://www.vox.com/policy-and-polit...-tax-cut-polls

11-02-2017 , 11:25 AM

#687

Namath12

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^^^ Little Marco clearly got the memo

PUTUS and I agree: More money for working families does not help working families

11-02-2017 , 11:32 AM

#688

MyrnaFTW

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there is no chance this passes at its current proposal

11-02-2017 , 11:37 AM

#689

Chippa58

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The average family saves $1,182 under this plan. Ha. That should make America pretty great again.

11-02-2017 , 11:48 AM

#690

maulaga58

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Join Date: Apr 2011 Posts: 2,048

Is their anyone besides corporation that will benefit even 1 dollar with this bill?

11-02-2017 , 11:50 AM

#691

Zimmer4141

Wet

Join Date: Oct 2005 Posts: 33,667

Just don't think there's any chance this passes.

Think of all of the GOP Congresscritters in districts that are relatively well off suburbs of big cities. Those people are the ones that get hit pretty damn hard by this bill and they're gonna put up a fight.

11-02-2017 , 11:54 AM

#692

ecriture d'adulte

Pooh-Bah

Join Date: Jan 2017 Posts: 5,920

Quote:

Originally Posted by Namath12

yup

That’s looking at it wrong. Just among people who have heard of “the recent tax proposal from republicans” close to 60% either support it or don’t know if they support it. I don’t know what percentage said they haven’t heard of it, but it only adds to the 60% that support or don’t know. You can easily pass it without a major backlash just due to apathy/indifference.

11-02-2017 , 11:58 AM

#693

jsb235

old hand

Join Date: Sep 2011 Posts: 1,407

Quote:

Originally Posted by Chippa58

The average family saves $1,182 under this plan. Ha. That should make America pretty great again.

At the same time, the richest 1 percent, and really the richest .01 percent, are going to save billions. I just watched the press conference, and it was all "middle class" this and "working families" that. But, in reality, the tax plan is nothing more than a massive windfall for rich people and corporations, which are already sitting on record levels of cash.

All this will do is make income inequality an even bigger problem and balloon the deficit. What a terrible day.

11-02-2017 , 12:04 PM

#694

DudeImBetter

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Quote:

Originally Posted by Chippa58

The average family saves $1,182 under this plan. Ha. That should make America pretty great again.

Mean family or median family?

11-02-2017 , 12:15 PM

#695

Chippa58

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Join Date: Feb 2011 Posts: 2,259

Quote:

Originally Posted by DudeImBetter

Mean family or median family?

May have missed it, but I don't recall them going there. Just average. So everybody will think it means them.

11-02-2017 , 12:16 PM

#696

TheHip41

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It “nearly” doubles the standard deduction. Up to 12,000. From 6,350.

Not even getting that.

11-02-2017 , 12:17 PM

#697

maulaga58

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Join Date: Apr 2011 Posts: 2,048

That 1182 is misleading from what I read on the buisness journal web sites with details they are retroactively applying it to this year Many americans are going to know when they file this year and actually get less or pay more depending on your income bracket. this could potentially be political suicide for the republican party.

11-02-2017 , 12:25 PM

#698

eyebooger

Join Date: May 2010 Posts: 58,700

Quote:

Originally Posted by maulaga58

this could potentially be political suicide for the republican party.

All of the racism and sexism and nepotism and corruption and war mongering and about a billion other things are a-okay. But goddammit don't make me pay $100 more in taxes.

11-02-2017 , 12:26 PM

#699

00cooler00

old hand

Join Date: Oct 2010 Posts: 1,810

Quote:

Originally Posted by TheHip41

It “nearly” doubles the standard deduction. Up to 12,000. From 6,350.

Not even getting that.

People are so dumb they will think that is a good thing. Mind you they eliminated any personal exemptions. So actually people who don’t itemize are getting even less offsets. I don’t know how it pairs up with the change in rates but I’m sure it’s not good.

11-02-2017 , 12:29 PM

#700

maulaga58

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Join Date: Apr 2011 Posts: 2,048

Quote:

Originally Posted by eyebooger

All of the racism and sexism and nepotism and corruption and war mongering and about a billion other things are a-okay. But goddammit don't make me pay $100 more in taxes.

Many republicans think at this basic level

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