The GOP Engaging in Sleight of Hand with Their Tax Cut Bill, Once Again

[Indeependent]

Tell us why the Feds should allow those who pay state taxes a deduction? Did the Feds force the states to tax you?

Because that part of your income stream that is taken away by taxation is no longer a part of your income by definition.

We dont voluntarily pay state taxes like we do when paying the IRS, in case you have not heard.

Huge disagreement. Forcing the Blue Wall into default is the only way to discredit the progressive movement effectively. Such a comeuppance has been needed for a long time.

Because Corporate America exists for the good of the nation!
It exists to make a profit.
It needs to be governed.
But I'm not claiming either side is doing a good job.
Too many write-offs, too much running operations from other nations, too much hiring non-citizens.
And lots of people living off the fat claiming it's good for the USA!

 

[WillowTree]

Exactly! A fair flat tax on absolutely everyone and every source of income. No exceptions. No exemptions. No excuses

Why do you think taxing charitable donations is 'fair'?

No exceptions! The only way to stop the punishing calls for tax increases by one group for another is a fair flat tax. You think the dems will be screaming for tax increases when they and their constituency are paying the exact same rate the rest of us pay? No exceptions, no exemptions, no excuses.

 

[danielpalos]

The focus should be on corporate taxes, which are amongst the highest in the world, compared to the middle class taxes, which are amongst the lowest in the world.

Trump will sign this tax bill, as he should. The burdens on companies have become excessive.

Trump made as one of his biggest pledges to cut taxes on Middle Class America.

In 1950 there was two corporate tax dollars to every individual tax dollar.

Today there is only ONE corporate tax dollar for every three individual tax dollars.

It is the middle class that is languishing without a significant increase in pay since 1970, not the fucking corporations.

Right wing health care reform would have been a, done deal, if the right had Any Thing more than, Nothing but Repeal.

 

[Penelope]

I don't know what net of benefits mean, but back this up?
Nearly half of American households do not pay federal income taxes net of benefits, which includes a big chunk of the middle class.

I'm sorry.

It's now 45%.

On Tuesday, The Tax Policy Center, a joint effort by the Urban Institute and the Brookings Institution, said the number of households that don't pay federal income taxes fell to 45.3 percent.​

77.5M households don't pay federal income taxes

Those are not, by a functional definition the Middle Class.

Those are poverty class people who are making up more and more of the working class.

Also the Earned Income Credit and Child Care Credit is a huge tax cut for a family that use a daycare (and small daycares are getting away with murder with tax deductions) Many households also have disabled people , those in college, or Seniors that have low fixed income. Some are unemployed due to lay offs as well.

 

[Penelope]

Exactly! A fair flat tax on absolutely everyone and every source of income. No exceptions. No exemptions. No excuses

Why do you think taxing charitable donations is 'fair'?

No exceptions! The only way to stop the punishing calls for tax increases by one group for another is a fair flat tax. You think the dems will be screaming for tax increases when they and their constituency are paying the exact same rate the rest of us pay? No exceptions, no exemptions, no excuses.

If you are going to do that, then every state needs to have the same taxes, sales, property, state (or not) local, etc. We can't all live in Tx and Wyoming or Florida.

 

[WillowTree]

Exactly! A fair flat tax on absolutely everyone and every source of income. No exceptions. No exemptions. No excuses

Why do you think taxing charitable donations is 'fair'?

No exceptions! The only way to stop the punishing calls for tax increases by one group for another is a fair flat tax. You think the dems will be screaming for tax increases when they and their constituency are paying the exact same rate the rest of us pay? No exceptions, no exemptions, no excuses.

If you are going to do that, then every state needs to have the same taxes, sales, property, state (or not) local, etc. We can't all live in Tx and Wyoming or Florida.

Then you must implore YOUR state to drop it’s state income tax.

 

[JimBowie1958]

Why do you think taxing charitable donations is 'fair'?

No exceptions! The only way to stop the punishing calls for tax increases by one group for another is a fair flat tax. You think the dems will be screaming for tax increases when they and their constituency are paying the exact same rate the rest of us pay? No exceptions, no exemptions, no excuses.

So your goal is not to put into effect fair and effective tax policy, but to bring our system of government into bankruptcy?

Well, thanks for playing!

 

[JimBowie1958]

If you are going to do that, then every state needs to have the same taxes, sales, property, state (or not) local, etc. We can't all live in Tx and Wyoming or Florida.

Damn, Penelope! great couple of posts.

Now I have to take back all the horrid things I have said about you!

lol

 

[WillowTree]

Why do you think taxing charitable donations is 'fair'?

No exceptions! The only way to stop the punishing calls for tax increases by one group for another is a fair flat tax. You think the dems will be screaming for tax increases when they and their constituency are paying the exact same rate the rest of us pay? No exceptions, no exemptions, no excuses.

So your goal is not to put into effect fair and effective tax policy, but to bring our system of government into bankruptcy?

Well, thanks for playing!

Horseshit. Just think. With my plan the 47% who do not pay taxes now will join the rest of us patriots and our load should be shared. Don’t you agree?

 

[Dont Taz Me Bro]

The focus should be on corporate taxes, which are amongst the highest in the world, compared to the middle class taxes, which are amongst the lowest in the world.

Trump will sign this tax bill, as he should. The burdens on companies have become excessive.

I would have preferred to see the corporate rate reduced to 15%, but 20% is still a significant improvement.

 

[Indeependent]

The focus should be on corporate taxes, which are amongst the highest in the world, compared to the middle class taxes, which are amongst the lowest in the world.

Trump will sign this tax bill, as he should. The burdens on companies have become excessive.

I would have preferred to see the corporate rate reduced to 15%, but 20% is still a significant improvement.

And employing US citizens...even the ones who are too stupid to be alive and must be replaced by The Best & The Brightest.