Pub Senators will save millions with "pass-through" tax cuts.

Penelope

Diamond Member
Jul 15, 2014
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Republican Senators Will Save Millions With Special Real-Estate Tax Break

In all, 14 Republican senators (see list below) hold financial interests in 26 income-generating real-estate partnerships — worth as much as $105 million in total. Those holdings together produced between $2.4 million and $14.1 million in rent and interest income in 2016, according to federal records.

IBT first reported on the tax carve-out, which allows investors in “pass-through” entities, including real-estate partnerships such as LLCs and LPs, with few employees to deduct part of their income that passes through those partnerships. In response to IBT’s reporting, Republican Sen. Bob Corker, who owns up to $35 million in “pass-through” real-estate interests, claimed he did not know of the carve-out when he announced his support for the legislation on Friday, after previously casting the only Republican vote against the bill in the Senate, which did not then include the provision.

Republican Senators Will Save Millions With Special Real-Estate Tax Break
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Corker said he didn't know, what a liar. I am sure some Dems own a lot of real estate as well, but you don't see them voting for this bill. This bill is the opposite of Robin Hood.
 
Those damned rich people ...

Elect uneducated homeless people to Congress!

:laugh:
 
...and you think D senators won't also benefit hugely....LMFAO.
 
Class warfare is the epicenter of left wing hate and psychosis.
Democrat Voters hate rich people and the Democratic Party is run by rich people. lol
Democrat Voters think that they are being oppressed by rich people because rich people won't give them their money.
If the Democrats don't like the Tax Reform bill they should just not take any of their tax deductions.
 
Republican Senators Will Save Millions With Special Real-Estate Tax Break

In all, 14 Republican senators (see list below) hold financial interests in 26 income-generating real-estate partnerships — worth as much as $105 million in total. Those holdings together produced between $2.4 million and $14.1 million in rent and interest income in 2016, according to federal records.

IBT first reported on the tax carve-out, which allows investors in “pass-through” entities, including real-estate partnerships such as LLCs and LPs, with few employees to deduct part of their income that passes through those partnerships. In response to IBT’s reporting, Republican Sen. Bob Corker, who owns up to $35 million in “pass-through” real-estate interests, claimed he did not know of the carve-out when he announced his support for the legislation on Friday, after previously casting the only Republican vote against the bill in the Senate, which did not then include the provision.

Republican Senators Will Save Millions With Special Real-Estate Tax Break
----------------------------------------------------------------------------------

Corker said he didn't know, what a liar. I am sure some Dems own a lot of real estate as well, but you don't see them voting for this bill. This bill is the opposite of Robin Hood.

Thank you. There is no doubt Corker is a liar, and the Republican Caucus in Congress has lied about "reform" for months. It is not reform by any stretch of the imagination, it is one more example of the right doing what they blame the left does.

Funny thing is, it only takes a minute to understand the D's want our nation's wealth to spread to the many, and the R's want it to provide most to the few, and claim some of it will trickle down to some of the many.
 
...and you think D senators won't also benefit hugely....LMFAO.

They may, but did they vote for it?

No, by automatic response.

Upon what will the Democrats base their 2018 campaigns? Should prove interesting.

Time will tell. Expect a sea change in Congress in November of '18, if things remain the same.

If the D's provide a platform which is pragmatic and includes more cost-benefits than cost-deficits, fixes what hasn't worked in the PPACA / Obamacare and quells the war drums, the D's will prevail in legislatures around the nation & in The Congress.
 
...and you think D senators won't also benefit hugely....LMFAO.

They may, but did they vote for it?

No, by automatic response.

Upon what will the Democrats base their 2018 campaigns? Should prove interesting.

Time will tell. Expect a sea change in Congress in November of '18, if things remain the same.

Oh I do. Democrats will still be whining about their "war on women", class inequality and the poor illegals while the economy soars.

There will never be so many deaf ears.

Have you perused financial forecasts of late?
 
Republican Senators Will Save Millions With Special Real-Estate Tax Break

In all, 14 Republican senators (see list below) hold financial interests in 26 income-generating real-estate partnerships — worth as much as $105 million in total. Those holdings together produced between $2.4 million and $14.1 million in rent and interest income in 2016, according to federal records.

IBT first reported on the tax carve-out, which allows investors in “pass-through” entities, including real-estate partnerships such as LLCs and LPs, with few employees to deduct part of their income that passes through those partnerships. In response to IBT’s reporting, Republican Sen. Bob Corker, who owns up to $35 million in “pass-through” real-estate interests, claimed he did not know of the carve-out when he announced his support for the legislation on Friday, after previously casting the only Republican vote against the bill in the Senate, which did not then include the provision.

Republican Senators Will Save Millions With Special Real-Estate Tax Break
----------------------------------------------------------------------------------

Corker said he didn't know, what a liar. I am sure some Dems own a lot of real estate as well, but you don't see them voting for this bill. This bill is the opposite of Robin Hood.
Democrat senators of course will not take this deduction out of honor & protest....:rolleyes-41:

Why do you think Trump has over 500 companies.
matt 15:26-27
 
Democrat senators of course will not take this deduction out of honor & protest....:rolleyes-41:

Idiot-gram

See below for the definition of an idiot-gram.
Is this the only insult you can think of? You use this dumbass term every time you're embarrassed by another poster.
Perhaps you should Google some new insults libwit.

You know what's better than verbal insults? Making another poster look so stupid that they leave a thread without a peep. Kind of like I've done to you two days in a row now.

It's been an official libtard smackdown around here lately.
 
Republican Senators Will Save Millions With Special Real-Estate Tax Break

In all, 14 Republican senators (see list below) hold financial interests in 26 income-generating real-estate partnerships — worth as much as $105 million in total. Those holdings together produced between $2.4 million and $14.1 million in rent and interest income in 2016, according to federal records.

IBT first reported on the tax carve-out, which allows investors in “pass-through” entities, including real-estate partnerships such as LLCs and LPs, with few employees to deduct part of their income that passes through those partnerships. In response to IBT’s reporting, Republican Sen. Bob Corker, who owns up to $35 million in “pass-through” real-estate interests, claimed he did not know of the carve-out when he announced his support for the legislation on Friday, after previously casting the only Republican vote against the bill in the Senate, which did not then include the provision.

Republican Senators Will Save Millions With Special Real-Estate Tax Break
----------------------------------------------------------------------------------

Corker said he didn't know, what a liar. I am sure some Dems own a lot of real estate as well, but you don't see them voting for this bill. This bill is the opposite of Robin Hood.

You were down when o was fleecing trillions out of the taxpayers through ocare and stimulus and greasing the pockets of his buds. You'll excuse us while we laugh at your indignant concerns as they fall on deaf ears.
 
Democrat senators of course will not take this deduction out of honor & protest....:rolleyes-41:

Idiot-gram

See below for the definition of an idiot-gram.
Is this the only insult you can think of? You use this dumbass term every time you're embarrassed by another poster.
Perhaps you should Google some new insults libwit.

You know what's better than verbal insults? Making another poster look so stupid that they leave a thread without a peep. Kind of like I've done to you two days in a row now.

It's been an official libtard smackdown around here lately.

WC is the parrot hack. Hes the pull string doll where you get the same message over and over again.
 

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