(12-02-2017 08:36 AM)JDTulane Wrote:  Passed aroundobpy hours before hand with hand written ******* notes i n some of the margins. A ******* disgrace.

What’s your objection?

Were ANY of the socialist left gonna vote for it if they waited til Monday tea at noon to vote?

What? Spell it out.

Bitching just to *****, I’ll bet.

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.

(12-02-2017 08:36 AM)JDTulane Wrote:  Passed aroundobpy hours before hand with hand written ******* notes i n some of the margins. A ******* disgrace.

That's why the bill was passed. "We needed to see what was in it."

(12-02-2017 09:04 AM)JMUDunk Wrote:  

(12-02-2017 08:36 AM)JDTulane Wrote:  Passed aroundobpy hours before hand with hand written ******* notes i n some of the margins. A ******* disgrace.

What’s your objection?

Were ANY of the socialist left gonna vote for it if they waited til Monday tea at noon to vote?

What? Spell it out.

Bitching just to *****, I’ll bet.

dunno.....after tea and crumpets comes the siesta....

then it moves to hobnobbing with celebs/lobbyists/slush funded aides and a nice 10 hr nights rest before ogling the mika squirm/joe goon festival.....

rinse and repeat, and it's just another day riding the socialist train.....

I don't know a dippo that understands hard work through sweat equity......never have.....

(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.

If you only get 1 of 3 it would be enough. Just dhad something.

I’m so sick of every piece of legislation having to be perfect for all sides. Means more gridlock and nothing ever happens.

The enemy of Good is Great.

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?

(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?

(12-02-2017 09:44 AM)stinkfist Wrote:  

(12-02-2017 09:04 AM)JMUDunk Wrote:  

(12-02-2017 08:36 AM)JDTulane Wrote:  Passed aroundobpy hours before hand with hand written ******* notes i n some of the margins. A ******* disgrace.

What’s your objection?

Were ANY of the socialist left gonna vote for it if they waited til Monday tea at noon to vote?

What? Spell it out.

Bitching just to *****, I’ll bet.

dunno.....after tea and crumpets comes the siesta....

then it moves to hobnobbing with celebs/lobbyists/slush funded aides and a nice 10 hr nights rest before ogling the mika squirm/joe goon festival.....

rinse and repeat, and it's just another day riding the socialist train.....

I don't know a dippo that understands hard work through sweat equity......never have.....

Damn, man.

And you’re talking Costa?!?

Siesta comes after tequila or mezcal, al pine and a con leche.

Ain no damn tea and crumpets. That’s when you go on out and start a futbol fight


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(12-02-2017 09:52 AM)JMUDunk Wrote:  

(12-02-2017 09:44 AM)stinkfist Wrote:  

(12-02-2017 09:04 AM)JMUDunk Wrote:  

(12-02-2017 08:36 AM)JDTulane Wrote:  Passed aroundobpy hours before hand with hand written ******* notes i n some of the margins. A ******* disgrace.

What’s your objection?

Were ANY of the socialist left gonna vote for it if they waited til Monday tea at noon to vote?

What? Spell it out.

Bitching just to *****, I’ll bet.

dunno.....after tea and crumpets comes the siesta....

then it moves to hobnobbing with celebs/lobbyists/slush funded aides and a nice 10 hr nights rest before ogling the mika squirm/joe goon festival.....

rinse and repeat, and it's just another day riding the socialist train.....

I don't know a dippo that understands hard work through sweat equity......never have.....

Damn, man.

And you’re talking Costa?!?

Siesta comes after tequila or mezcal, al pine and a con leche.

Ain no damn tea and crumpets. That’s when you go on out and start a futbol fight


Sent from my iPhone using Tapatalk

lol.....that was the point (sorry forgot that winky thingy).....we're talking about the dippo's economics, so I figured that was implied....

they're still looking for the keys to the horse and buggy.....

and you know I'm well trained in the land of 100% agave.....

#greenstreethooligans

(12-02-2017 08:36 AM)JDTulane Wrote:  Passed aroundobpy hours before hand with hand written ******* notes i n some of the margins. A ******* disgrace.

I'd democrats did it itvwoyld be called attention to detail, working hard, going the extra mile. Come on man

(12-02-2017 08:36 AM)JDTulane Wrote:  Passed aroundobpy hours before hand with hand written ******* notes i n some of the margins. A ******* disgrace.

Yes, you are. I mean, I keep asking you to dazzle the board with your theory that 10 months = a full calendar year and you either can't, or won't.

(12-02-2017 10:02 AM)shere khan Wrote:  

(12-02-2017 08:36 AM)JDTulane Wrote:  Passed aroundobpy hours before hand with hand written ******* notes i n some of the margins. A ******* disgrace.

I'd democrats did it itvwoyld be called attention to detail, working hard, going the extra mile. Come on man

It would be passed by parliamentary maneuver.

(12-02-2017 08:36 AM)JDTulane Wrote:  Passed aroundobpy hours before hand with hand written ******* notes i n some of the margins. A ******* disgrace.

Just pretend that they made a bet to wait until Monday and then decided to welsh on it... I'm sure you'd be more comfortable with that.

(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.

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Still has to pass reconciliation fyi.

The bottom line is that this is a corporate cut. Individual rates aren't going up unless you live in a high tax state and can't deduct that anymore, but for the most part you're seeing slight changes across the board. We desperately need corporate reform, so while imperfect this plan is probably the most I could've hoped for out of the GOP.

Alt-leftists this morning




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(12-02-2017 09:48 AM)JMUDunk Wrote:  

(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.

Tax reform, great economy and booming stock market. That’s why Democrats are flipping out and pulling out things like Mike Flynn to muddy the waters.

(12-02-2017 10:24 AM)EverRespect Wrote:  

(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.

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The Bush tax cuts were a failure. Remember that. It crashed the market.

(12-02-2017 11:20 AM)cb4029 Wrote:  

(12-02-2017 10:24 AM)EverRespect Wrote:  

(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.

They crashed the market? Please explain because I thought loose credit and mortgage bundling fraud crashed the market. I am open to explanation, just don't see how you get to that conclusion. I do recall the tax cuts expiring and losing about $40/paycheck which was very painful to Xers early in their careers and not living with parents.

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