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Thread: Trump Tax Reform

  1. #31
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    Quote Originally Posted by kmoney View Post
    I wonder if the GOP will give up on their tax reform as easily as they did on the healthcare bill.

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    Quote Originally Posted by kmoney View Post
    I wonder if the GOP will give up on their tax reform as easily as they did on the healthcare bill.
    Maybe you haven't heard, Trumpcare is alive and well and so is tax reform
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  3. #33
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    Tax Reform heats up in DC
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  4. #34
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  5. #35
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    The new Tax reform will make taxes simplified, most people will be able to file their own taxes on a single page. Big cuts on the way, but not for the rich. Say good bye to places like H & R Block. Americans spend about 6 billion per year on tax help.
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  6. #36
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    Quote Originally Posted by Foxfire View Post
    Are you ceding such massive power to the dems that they needn't even control a single branch of government in order to hold sway?

    Or are you castigating those who do hold the reins of power yet fail to achieve their ends?
    The republicans are so used to being obstructionists, that they are completely unable to get anything done. It goes without saying that a party in control of the presidency and both houses of Congress should have no trouble passing anything they want.

    But the republican party has retreated from the American people. Bills, instead of being openly debated and worked out by our elected representatives, are now designed in secret by a few old men who then expect everyone else to do their bidding.

    And they are baffled when it doesn't work.

    It's time for change.
    Let's say that I suffer from a delusion. I will call this delusion "Fact-check Syndrome." I respond by citing facts.

    Most people online don't want to be corrected. They do not care about anything that does not agree with them.

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    Quote Originally Posted by WonderfulLordJesus View Post
    In conclusion, it's my decided opinion that even having an economic theory starts with learning to use a calculator and the meaning of positive and negative numbers. Somebody knowing how to add and subtract would be good for the country. I also believe Mr. Trump declared bankruptcy, what, four times was it, which is still another subject with some tangential implications its own? Pardon me if I'm not exactly filled with all the hopeium that's driving the DOW to new highs.

    I almost forgot! Using new money from somebody else, to pay old debt, is generally called a Ponzi scheme.
    You have some good points.
    Let's say that I suffer from a delusion. I will call this delusion "Fact-check Syndrome." I respond by citing facts.

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    Quote Originally Posted by patrick jane View Post
    Maybe you haven't heard, Trumpcare is alive and well

    GOP gives up on voting on Obamacare repeal, but bipartisan approaches remain stalled

    https://www.usatoday.com/story/news/...vote/99573690/

    and so is tax reform
    Let's say that I suffer from a delusion. I will call this delusion "Fact-check Syndrome." I respond by citing facts.

    Most people online don't want to be corrected. They do not care about anything that does not agree with them.

  10. #39
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    I don't really understand why they want to collapse some of the brackets. To me more brackets are better because they will be more specific to the level of income people are making. Sure it's simpler but it seems like there are better ways to simplify.

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  12. #40
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    Quote Originally Posted by The Barbarian View Post

    GOP gives up on voting on Obamacare repeal, but bipartisan approaches remain stalled

    https://www.usatoday.com/story/news/...vote/99573690/



    We'll see six months from now, baby genius.
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    Quote Originally Posted by patrick jane View Post
    The new Tax reform will make taxes simplified, most people will be able to file their own taxes on a single page. Big cuts on the way, but not for the rich. Say good bye to places like H & R Block. Americans spend about 6 billion per year on tax help.
    Buying the propaganda again I see. I will let you answer yourself.

    Quote Originally Posted by patrick jane View Post
    We'll see six months from now, baby genius.
    Contrary to what many Americans seem to think, the document we now call "the Constitution" and the Declaration of Independence are not pretty much the same thing or "connected in spirit," or "two sides of the same coin." The two documents were written by two different groups of people at two different times to accomplish two totally different goals.

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    Quote Originally Posted by drbrumley View Post
    Buying the propaganda again I see. I will let you answer yourself.
    Nothing makes you happy dr.
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  15. #43
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    His plan, what I like and dislike.

    Getting rid of the estate tax is great.

    Cutting the corporate tax is good, should be 0%. but any cut is better than none.

    Doubling the standard deduction is very good.

    Eliminating the deduction for the state and local taxes..bad idea.
    Contrary to what many Americans seem to think, the document we now call "the Constitution" and the Declaration of Independence are not pretty much the same thing or "connected in spirit," or "two sides of the same coin." The two documents were written by two different groups of people at two different times to accomplish two totally different goals.

  16. #44
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    Quote Originally Posted by patrick jane View Post
    We'll see six months from now, baby genius.
    The problem is, they have until the 30th of September to pass the bill on a straight majority vote. After that, it won't be possible.

    So it's dead for the foreseable future.
    Let's say that I suffer from a delusion. I will call this delusion "Fact-check Syndrome." I respond by citing facts.

    Most people online don't want to be corrected. They do not care about anything that does not agree with them.

  17. #45
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    Quote Originally Posted by drbrumley View Post
    His plan, what I like and dislike.

    Getting rid of the estate tax is great.

    Cutting the corporate tax is good, should be 0%. but any cut is better than none.

    Doubling the standard deduction is very good.

    Eliminating the deduction for the state and local taxes..bad idea.
    It's the usual problem. Cutting taxes is popular. But ballooning the deficit is poisonous; it's a huge delayed tax increase, to be paid down the road.

    And while the corporate tax is too high, the experiment in Kansas showed that cutting business taxes won't necessarily cause businesses to employ more people. And that is what causes the huge budget shortfall in Kansas.

    The other approach, as you suggest, would be to somehow raise taxes on someone by eliminating substantial deductions to pay for it. Under Trump's plan, the wealthy and powerful would get a huge cut, and the middle class would be expected to pay for it.
    Let's say that I suffer from a delusion. I will call this delusion "Fact-check Syndrome." I respond by citing facts.

    Most people online don't want to be corrected. They do not care about anything that does not agree with them.

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