Jump to content

Republican Tax Plan (a nothingburger with cheese)


Tiberius

Recommended Posts

Business Insider reports:

After the passage of the Tax Cuts and Jobs Act (TCJA) in the Senate, Republicans like McConnell are still claiming that the bill is a “revenue neutral tax reform bill.” The problem: No major analysis of the bill agrees with them.

McConnell’s comments echoed those from other Republican lawmakers and Trump administration officials. Treasury Secretary Steven Mnuchin, for one, has repeatedly claimed that the TCJA would actually decrease the deficit.

But not a single major analysis of either the House or Senate TCJA projects that the bill would end up being revenue neutral.

Link to comment
Share on other sites

On ‎12‎/‎5‎/‎2017 at 8:37 AM, Nanker said:

British taxation was one of the key reasons for the Revolutionary War. 

It's the people's money, people. 

It's the coercive governments that take it from us. 

The Left won't stop at taxing income, and a VAT won't make income taxes disappear. It'll just be an add-on.

They covet personal wealth and that is key to their thinking and emotions.

One day they will confiscate your IRAs and 401k, etc. and give you Government Bonds in return.

 

What a country! 

 

“The difference between death and taxes is death doesn't get worse every time Congress meets.” Will Rogers

 

Dear God....Federal taxes in this century haven't been lower in 70 years....and that time period has been evenly split between GOP and DEM governance

 

What time period of taxation do you want to go back to?

Link to comment
Share on other sites

53 minutes ago, baskin said:

 

Dear God....Federal taxes in this century haven't been lower in 70 years....and that time period has been evenly split between GOP and DEM governance

 

What time period of taxation do you want to go back to?

That's a red herring.

 

First of all, historical tax rate norms have nothing to do with their morality.  For the overwhelming majority of human history various forms of slavery and hard castes were the accepted norm.  Does that mean we should return to the policy of those time periods?

 

Second, your argument leaves out the effective rates of actual taxes paid during those eras, in which the tax code was very different, allowing for all manner of deductions.

Link to comment
Share on other sites

unless you are working in the field of economics or taxes and making $100,000 minimum at it annually, you really have nothing useful to say about tax policy or the effect of an incoming Tax Bill

 

oh never mind, go ahead and boil your bottoms...

 

Edited by row_33
Link to comment
Share on other sites

14 minutes ago, row_33 said:

unless you are working in the field of economics or taxes and making $100,000 minimum at it annually, you really have nothing useful to say about tax policy or the effect of an incoming Tax Bill

 

oh never mind, go ahead and boil your bottoms...

 

Speaking from the perspective of the person you just described, I'd say those are lousy qualifiers.

Link to comment
Share on other sites

Why do we need a tax cut again? Remember, this tax cut is being done simply to pay off Republican donors. The best politicians money can buy 

 

 

The Bureau of Labor Standards reports, “The unemployment rate held at 4.1 percent in November, and the number of unemployed persons was essentially unchanged at 6.6 million. Over the year, the unemployment rate and the number of unemployed persons were down by 0.5 percentage point and 799,000, respectively. . . . The number of long-term unemployed (those jobless for 27 weeks or more) was essentially unchanged at 1.6 million in November and accounted for 23.8 percent of the unemployed. Over the year, the number of long-term unemployed was down by 275,000.”

Link to comment
Share on other sites

Without seemingly any self-awareness, WaPo is asking "How did Republicans make their tax bill so darn unpopular?"

 

My guess would be weeks worth of (deliberately?) misleading headlines and framing probably played a role, just a guess.

 

DQydP16VwAAM0BQ.jpg

Link to comment
Share on other sites

11 minutes ago, B-Man said:

Without seemingly any self-awareness, WaPo is asking "How did Republicans make their tax bill so darn unpopular?"

 

My guess would be weeks worth of (deliberately?) misleading headlines and framing probably played a role, just a guess.

 

DQydP16VwAAM0BQ.jpg

Oh, it's the medias fault for reporting the truth. For quoting the CBO, for showing independent analysis, for actually looking at the numbers, how dare they!! 

 

Oops, I forgot, the CBO in your view is just another organization out to screw the poor suffering wealthy people. Idiot! 

Link to comment
Share on other sites

31 minutes ago, Tiberius said:

Oh, it's the medias fault for reporting the truth. For quoting the CBO, for showing independent analysis, for actually looking at the numbers, how dare they!! 

 

Oops, I forgot, the CBO in your view is just another organization out to screw the poor suffering wealthy people. Idiot! 

th?id=OIP.EQRGGtsZN4JJMBjdB_oyPwEgDY&pid

Link to comment
Share on other sites

22 minutes ago, Tiberius said:

So, did you out say you are starting to believe DR's deep state nonsense? 

oNay, Iyay idnday'tay atsay atthay, youyay yinglay acksay ofyay eptileray itshay. Iyay aidsay Iyay'may eepingkay anyay openyay indmay utbay eeingsay DRay'say ointpay.

  • Haha (+1) 1
Link to comment
Share on other sites

3 minutes ago, row_33 said:

DR adds a good service here and Tibs is the shiftless brother-in-law who won't get a job and complains about the wine you serve hosting your Christmas and Thanksgiving dinners for 30 family member

 

 

Really though, Boone's Farm?

  • Haha (+1) 1
Link to comment
Share on other sites

The smell of typical GOP failure is in the air 

 

Quote

 

Top congressional Republicans, racing to hammer out a final tax agreement by the end of the week, have yet to make any breakthroughs on a range of key issues.

House and Senate negotiators bounced proposals back and forth over the weekend, but said Monday that they still had to find compromises on where to set the corporate tax rate, how to treat millions of businesses that aren’t set up as corporations and how much of a deduction to allow for state and local taxes.

 

https://www.politico.com/story/2017/12/11/treasury-tax-cuts-republican-plan-217504

Link to comment
Share on other sites

×
×
  • Create New...