I'd rather have had true reform, bit this is a step in the right direction. GOP gets a win in Trump's first year, taxpayers all get to keep more of their money. Hopefully trump can get the GOP in order and push true tax reform through in the next couple years
(12-02-2017 08:43 PM)200yrs2late Wrote: I'd rather have had true reform, bit this is a step in the right direction. GOP gets a win in Trump's first year, taxpayers all get to keep more of their money. Hopefully trump can get the GOP in order and push true tax reform through in the next couple years
(12-02-2017 08:43 PM)200yrs2late Wrote: I'd rather have had true reform, bit this is a step in the right direction. GOP gets a win in Trump's first year, taxpayers all get to keep more of their money. Hopefully trump can get the GOP in order and push true tax reform through in the next couple years
in the complex economic/tax based system we ALL currently reside within, it has to staRt somewheRe....it is only then when one is able to begin refining and whittle as a TEAM to the desired outcome that will positively economically impact the largest possible percentage.....it's a six-sigma concept....
otherwise, just screw the USD and go Star Trekking w/o the advantages that long distant future tech affords in the hollywood=deadwood expanse of space that cannot survive based on 8 mind numbingly/damaging/wasted yeaRs....
if I'm still alive and that version ends up winning (line 1b)???? I'll take a selfie as I piss, poo, and puke on Roddenberry's utopian/conceptual socialistic grave on my way to #costa
#babystepscanclimbamountain
#dipshitescandestroyinasingleleap
(This post was last modified: 12-02-2017 09:10 PM by stinkfist.)
(12-02-2017 08:43 PM)200yrs2late Wrote: I'd rather have had true reform, bit this is a step in the right direction. GOP gets a win in Trump's first year, taxpayers all get to keep more of their money. Hopefully trump can get the GOP in order and push true tax reform through in the next couple years
so the idea is to let people now have more money in their pockets so their children and grandchildren can pay for it. Thanks GOP!
Funny, I never heard that from you as The Obama whitehouse was deficit spending more than all other presidencies combined.......but now it's important? What a surprise.
(12-02-2017 08:43 PM)200yrs2late Wrote: I'd rather have had true reform, bit this is a step in the right direction. GOP gets a win in Trump's first year, taxpayers all get to keep more of their money. Hopefully trump can get the GOP in order and push true tax reform through in the next couple years
so the idea is to let people now have more money in their pockets so their children and grandchildren can pay for it. Thanks GOP!
yep that it's.....
time to start a sticky the dippo economic policy for future reference......
there's a reason it was called "pin the tail on the donkey" back in my day.....
being out of the loop, my guess today is that would racist unless it had DJT's face on the ass......
good luck with your esoteric and 'eccentric' fools gold......here's hoping you're proficient at hand-to-hand combat.....I highly recommend taking classes if you're not....
(12-02-2017 08:43 PM)200yrs2late Wrote: I'd rather have had true reform, bit this is a step in the right direction. GOP gets a win in Trump's first year, taxpayers all get to keep more of their money. Hopefully trump can get the GOP in order and push true tax reform through in the next couple years
so the idea is to let people now have more money in their pockets so their children and grandchildren can pay for it. Thanks GOP!
Funny, I never heard that from you as The Obama whitehouse was deficit spending more than all other presidencies combined.......but now it's important? What a surprise.
(12-02-2017 08:43 PM)200yrs2late Wrote: I'd rather have had true reform, bit this is a step in the right direction. GOP gets a win in Trump's first year, taxpayers all get to keep more of their money. Hopefully trump can get the GOP in order and push true tax reform through in the next couple years
so the idea is to let people now have more money in their pockets so their children and grandchildren can pay for it. Thanks GOP!
Funny, I never heard that from you as The Obama whitehouse was deficit spending more than all other presidencies combined.......but now it's important? What a surprise.
It's silly season.
on top of all the subsidies, the need a few more of these too....
(12-02-2017 09:46 AM)cb4029 Wrote: I see people celebrating, but do any of you know any specifics of what they passed? Maybe you are the lemmings you appear to be. When this plan fails, will you blame the Democrats?
In what way can a tax cut fail? Programs objectives fail, taxes are tangible, not programs with objectives.
Sent from my SM-G955U using Tapatalk
The Bush tax cuts were a failure. Remember that. It crashed the market.
(12-02-2017 08:49 PM)Mr_XcentricK Wrote: so the idea is to let people now have more money in their pockets so their children and grandchildren can pay for it. Thanks GOP!
And you bitched about the debt doubling under Obama exactly how many times?
(12-02-2017 09:21 AM)bullet Wrote: My top priorities were:
1) make the corporate tax rate competitive (20-25%) so we don't bleed jobs.
2) get rid of AMT
3) get rid of phase outs like with itemized taxes (just a hidden higher marginal tax on middle class)
4) raise the floor for the estate tax (its not a priority to totally eliminate it as the House did)
5) Eliminate most of the special breaks on the AMT form
We got 1 and 3. Haven't heard enough to know about 4 and 5 yet.
Wasn’t the base line for the AMT raised pretty significantly though?
I recall when that was first put in place, snatched up a lot of people, not necessarily “rich”. Then it was raised to a point where it didn’t affect nearly as many people, I think that’s what they’ve done here as well.
No?
It still impacts a lot of people. Basically double income professional couples. For us, we had a lot of one time stock gains two years ago and it didn't impact us (but the Obamacare taxes were nasty). Last year, with none of the one time gains, it basically wiped out the benefit of our only preference item-state and local taxes. That, coupled with the higher standard deduction, are why eliminating state and local tax deductions isn't as big a deal as it is made out to be.
If you are in the top bracket, you have to really have massive preferences for it to make any impact. If you aren't in the top bracket, then that 28% AMT can make a difference.
Ah, Gotcha. Wasn’t really thinking about investment (stock) income, only wages.
Don’t get me wrong, 28% of a haircut on anything is simply state sponsored theft IMO.
All the more reason we need deep and very real across the board draining of the swamp, to the tune of 10+% annual for 2-3 yrs, at least.
All this talk about deficits, debt, taxes etc. We DONT have a taxing problem, we have a spending problem.
This bloated, unaccountable federal gubment gets plenty of money from us every year. Stop blowing it all...
(12-02-2017 08:49 PM)Mr_XcentricK Wrote: so the idea is to let people now have more money in their pockets so their children and grandchildren can pay for it. Thanks GOP!
And you bitched about the debt doubling under Obama exactly how many times?
But but but Obama tried to rob us of more of our own meager left over scraps to pay it.
/
**** GOP tax reform passes the senate ****
![[Image: fora-dana19.gif]](http://adriaticmedianethr.files.wordpress.com/2016/08/fora-dana19.gif)
