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Old 11-02-2017, 08:51 AM
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Rajoo Rajoo is offline
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The Republican Tax Plan Is Chaos and Suicide

The Republican Tax Plan Is Chaos and Suicide All at Once
Quote:
The only things one can be sure of regarding whatever it is that the Republican congressional majorities come up with for a tax plan is that it will shove more of the nation’s wealth upwards, that the math will be mostly magical thinking, and that there will be various strategies employed to keep the country from noticing these first two characteristics.
and,
Quote:
Look at this mess. Speaker Paul Ryan, the zombie-eyed granny starver from the state of Wisconsin, who is perhaps the worst legislative politician since the Five Minutes of Bob Livingston passed into history, desperately needs this win. Passage of this tax bill is the only reason he’s put up with the antics out of Camp Runamuck at the other end of Pennsylvania Avenue. But, unfortunately, those pesky 2018 midterms have put the gallows in everyone’s eyes, especially Ryan’s.
Yes, as Trump has promised, the tax cuts will be huge but preferably no one will know who will pay for it. Another GOP train wreck in the making? One hopes not unless the bill self destructs. Good news is that Trump will be away and hopefully he will take his Tweeter with him.

http://www.esquire.com/news-politics...chaos-suicide/
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Old 11-02-2017, 09:57 AM
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Paul Ryan is an evil dude so hopefully he did not make a pact with the devil? that is about the only way I see this rich persons benefit passing on to the orange one's desk after the senate creeps get their hands on it? I hope...
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Old 11-02-2017, 12:46 PM
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Quote:
Originally Posted by Rajoo View Post
The Republican Tax Plan Is Chaos and Suicide All at Once


and,


Yes, as Trump has promised, the tax cuts will be huge but preferably no one will know who will pay for it. Another GOP train wreck in the making? One hopes not unless the bill self destructs. Good news is that Trump will be away and hopefully he will take his Tweeter with him.

http://www.esquire.com/news-politics...chaos-suicide/
It's a train wreck the republicans will ignore until the next democrat is in office and then they will blame that democrat, just like they did with Bush and his recession, his failure to protect americans on 9/11 and his wars of profit.
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Old 11-02-2017, 01:15 PM
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Quote:
Originally Posted by Rajoo View Post
The Republican Tax Plan Is Chaos and Suicide All at Once

and,

Yes, as Trump has promised, the tax cuts will be huge but preferably no one will know who will pay for it. Another GOP train wreck in the making? One hopes not unless the bill self destructs. Good news is that Trump will be away and hopefully he will take his Tweeter with him.

http://www.esquire.com/news-politics...chaos-suicide/
I read Charles Pierce faithfully. Dude has a way with words.
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Old 11-02-2017, 08:28 PM
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Watching Liz Warren shred the Repube tax bill on The News Hour. She's always a pleasure to watch expose their lies.
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Old 11-02-2017, 08:43 PM
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One good way to understand what’s going on with this latest exercise in financial misdirection is to notice that this plan will tax the interest payment on one student’s loans, but that it may no longer tax another student’s multibillion-dollar inheritance.

http://www.esquire.com/news-politics...ican-tax-plan/
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Old 11-06-2017, 07:29 PM
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This cartoon explains how the Republican tax bill makes Donald Trump richer

Quote:
This cut is a change in how “pass-through” businesses are taxed. These are businesses that can bypass corporate taxes and instead pay taxes like individuals. It was designed to benefits small business owners.

But here’s the issue: The Trump Organization is a pass-through business — but it is not a small business. It owns hotels, resorts, golf courses, and much more; in fact, it’s the 48th-largest private company in the US, and brought in $9.5 billion in revenue last year. Yet the way the Trump Organization is structured makes its taxes very different than a typical corporation.
https://www.vox.com/policy-and-polit...-trump-cartoon
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Old 11-11-2017, 12:03 PM
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I simply do not understand why so many Republicans support this tax cut for the wealthy unless most of them don't pay taxes.
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Old 11-11-2017, 01:04 PM
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I think if the GOP is actually stupid enough to get rid of the deductions for state and local taxes for those homeowners who itemize on their income taxes it will hand back both houses to the Democrats.

Trump/GOP is trying to hurt blue states that are wealthy by hitting the middle class with such measures. They probably are thinking that no one in such as states as New York and California who own homes votes for Trump/GOP anyway.

No one in red states and the rust belt itemize and own homes? Is it that bad out there?

This is not a good thing.
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Old 11-11-2017, 01:11 PM
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Quote:
Originally Posted by icenine View Post
I think if the GOP is actually stupid enough to get rid of the deductions for state and local taxes for those homeowners who itemize on their income taxes it will hand back both houses to the Democrats.

Trump/GOP is trying to hurt blue states that are wealthy by hitting the middle class with such measures. They probably are thinking that no one in such as states as New York and California who own homes votes for Trump/GOP anyway.

No one in red states and the rust belt itemize and own homes? Is it that bad out there?

This is not a good thing.
Thanks and a very good answer Robbin and make sense.
Guess I belong in that category with two mortgages and other deductions that I need.
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