Redwingtom
Freaking Lunatic

Posts: 60,888
Joined: Dec 2003
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I Root For: B-G-S-U !!!!
Location: Soros' Basement
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RE: Question for those crying about the tax plan
(12-04-2017 12:41 PM)Bull_Is_Back Wrote: (12-04-2017 12:34 PM)Redwingtom Wrote: Seriously? You haven't heard one complaint about the projected 1T to 1.5T hole in the deficit?
I ignored those talking points given the dems ignored 10T of new debt under Obama..
Quote:It's closer to 5 years for lower income folks.
Fine, let's give you five years. You don't think there will be changes to the tax code in the next five years?
Quote:And it's not just some people, it's a LOT of people! Pretty much everyone earning under 75K a year will have a tax increase by 2027
Hey it's 2017, that means 2027 is 10 years away, not five. Pick something and go with it... Just put your talking points in some kind of sensible order, would you..
Dude, in 5 years lower income folks are expected to start seeing tax increases. By 10 years, those up to 75k will see them.
It's not a one or the other thing. And it's not a ******* talking point. It's an analysis of the bill by the JCT.
Quote:President Trump and Republican lawmakers have been heralding their bill as a win for hard-working Americans, but the JCT report casts doubt on that claim. Tax increases for households earning $10,000 to $30,000 would start in 2021 and grow sharply from there, JCT found. By 2027, most Americans earning $75,000 a year or less would be forced to pay more in taxes, while people earning more than $100,000 a year would continue to pay less. The report generated intense debate on Capitol Hill.
https://www.washingtonpost.com/news/wonk...ed010285ee
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| 12-04-2017 12:49 PM |
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