wait, he wants to get rid of exemptions? wow,, and also, most single moms make under 30k, so under the current system , your scenario , the mom gets like 6-8k in EITC , which i dont think they are cutting

of course they are cutting the earned income tax credit.


thats a poor person tax credit.


they are cutting everything except Mortgage interest, and doubling the standard deduction.


that was my understanding 4 months ago, and I haven't read anything that changes that.

it seems like the poorest of the poor wont be affected too much. but as usual, it will hit the middle class and lower middle class the hardest.

its really just class warfare, as it always has been by the republican party.

Thank goodness the mortgage interest deduction on second homes still stands. That will be a welcome relief for economically anxious rust-belters.

Sizzler,

Only up to $1 million. Clearly limited to middle class vacation home owners.

I have no idea what they mean by "get rid of all deductions except mortgage and charity"

Like that can be applied to such a broad or narrow definition depending on the scope they want to take.

Coal miners have a summer homes right?

Not really?

I mean, if words have meaning and stuff.

So you're probably right given who we are dealing with here.

Lol them crying about unelected judges while trump yells "wait for the Supreme Court to show you".

i dont think they can do that,, makes no sense . Ill read over the bulletpoints in a little

Every news outlet should get ahold of those 2 pages of tax returns and do nothing but slowly explain the AMT to people and how Trump would have paid a whopping 3% in taxes that year without it.

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Be sure to catch Postcards from the Edge Former Democracy starring Shirley Maclaine this summer!

meanwhile

U.S. Immigration and Customs Enforcement (ICE) established the Victims of Immigration Crime Engagement (VOICE) Office to acknowledge and serve the needs of crime victims and their families who have been impacted by crimes committed by removable criminal aliens.

you may remember VOICE from fascism class.

also meanwhile,

sounds like AHCA is getting passed Frday

We pretty much knew this on election day. It was just a matter of how long it would take.

Just through the house I assume? Going to probably need a lot of reworking to get through the Senate.

Say it ain't so. I didn't think this was possible with all the Republican disagreement and those town halls.

Dopes will still happily point out that means Trump paid ~$4.5 million in taxes, which is a very tremendous amount of money, just unbelievably large, yuge even.
Assuming they found a way to please the Freedom Caucus without pushing out more moderate Rs.

Bingo. Ben Stein was honest enough to admit that he is for some income redistribution to make it less likely he will be mugged on the street. But the fact is that most wealthy people who profess to be liberal share this thought secretly. They may have a little empathy for the poor but only to the point where it doesn't affect their lifestyle. (Furthermore most of the poor would have this attribute the moment they got money. Many do even before they get money. The twoplustwo type liberals are probably no more than 25% of the population.)

Wheat,

Are you having a sad that you have $10,000,000+ in assets? I mean that sound like one of them good problems.

Should be Victims of Immigration and Customs Enforcement imo

Just leaving this here

http://www.vox.com/2017/4/25/1542998...ahca-amendment

sounds pretty straight forward to me.

No

state and local tax deduction
sales tax deduction.
gambling losses deduction
unreimbursed employee expenses
gambling losses
medical losses
stolen property losses
personal property taxes

im sure i forgot one or two.

Not assets. Net worth.

Trump's big success is redefining what America is about and what our principles are going to be going forward.

America's borders matter. Immigration is a good thing but WE will have it on our terms, we have the right to control our borders.

America will act like a superpower again. Our general impotency is over and the rest of the world is beginning to understand that now.

America will have strong economic growth and that means sometimes competing directly with foreign competitors. And reforming economic policy and taxation to spur that growth.

etc.

Trump's success is in restoring what America stands for, getting over the malaise of the past ten years.

We know you and others are against principles like those listed above, but we don't care about what you anti-Trumpers want. Making America strong domestically and internationally is what most of us want. A good strong America should be the Normal.