Senate releases tax proposal

[Political Junky]

Just saw this online.

Senate releases tax proposal

The Senate tax proposal is out, along with a Joint Committee on Taxation analysisestimating it will add $1.495 trillion to the deficit over the next decade.

What we're watching: Member reaction. The Senate can only afford to lose two GOP votes to pass the bill.

 

[Dale Smith]

Just saw this online.

Senate releases tax proposal

The Senate tax proposal is out, along with a Joint Committee on Taxation analysisestimating it will add $1.495 trillion to the deficit over the next decade.

What we're watching: Member reaction. The Senate can only afford to lose two GOP votes to pass the bill.

1.45 Trillion fiat federal reserve debt notes? Obviously you have no idea as to how debt is "money" and "money" is debt. Do you know that USA.INC owes 20 plus TRILLION dollars ??? 90 percent of which is owed to the foreign owned Federal Reserve bank and their subsidiaries like the International Monetary Fund, the Bank For International Settlements and the Global Bank that produce fiat currency by keystrokes on a computer? Let me put it all in perspective.........you would have to stack 100 "dollar" Federal Reserve notes one on top of the other for 68 miles in order to reach the "One Trillion dollar" mark. USA. INC owes that and the banking oligarchs pledged your labor as collateral to this bankrupted entity.

Here is a quote from the diary of Woodrow Wilson concerning the conversation with Colonel Edward Mandell House, an agent for the Rothschild banking empire......""Very soon, every American will be required to register their biological property (that's you and your children) in a national system designed to keep track of the people and that will operate under the ancient system of pledging. By such methodology, we can compel people to submit to our agenda, which will affect our security as a charge back for our fiat paper currency. Every American will be forced to register or suffer NOT being able to work and earn a living. They will be our chattels (property) and we will hold the security interest over them forever, by operation of the law-merchant under the scheme of secured transactions.

Americans, by unknowingly or unwittingly delivering the bills of lading [Birth Certificate] to us will be rendered bankrupt and insolvent, secured by their pledges. They will be stripped of their rights and given a commercial value designed to make us a profit and they will be none the wiser, for not one man in a million could ever figure our plans and, if by accident one or two should figure it out, we have in our arsenal plausible deniability. After all, this is the only logical way to fund government, by floating liens and debts to the registrants in the form of benefits and privileges. This will inevitably reap us huge profits beyond our wildest expectations and leave every American a contributor to this fraud, which we will call “Social Insurance.”[Social Security} Without realizing it, every American will unknowingly be our servant, however begrudgingly. The people will become helpless and without any hope for their redemption and we will employ the high office [presidency] of our dummy corporation [US] to foment this plot against America." -- Colonel Edward Mandell House

 

[Penelope]

How could a married couple pay 10% on 19 grand if the standard deduct is 24 grand?

WHAT’S IN THE SENATE BILL: The Senate would include seven individual brackets with these taxable income thresholds for married taxpayers filing jointly: 10 percent, up to $19,050; 12 percent, $19,050 to $77,400; 22.5 percent, $77,400 to $120,000; 25 percent, $120,000 to $290,000; 32.5 percent, $290,000 to $390,000; 35 percent, $390,000 to $1 million; and 38.5 percent, $1 million and up. The top bracket would be a reduction from the current highest rate of 39.6 percent. The thresholds would be adjusted for inflation based on chained CPI, a formula that would subject more income to higher tax rates than under the regular consumer price index.

Everything You Need to Know About the Senate GOP Tax Proposal