Who should pay the cost?

[radical right]

We need to rebuild Houston, Florida and Puerto RIco.

Tax cuts won't pay for it.

Even you know they will by increasing revenues because the economy is growing.

How are the economies in the places hit by hurricanes?

 

[Frankeneinstein]

so it is your contention that if these tax cuts go through those places will not get rebuilt...and unlike houston and florida, puerto rico will not suffer from these tax cuts, they will be paying every single cent of their taxes so no need to worry about them

The people and businesses in those devastated places will have more deductions from property loss than from a tax cut.

If you suffer damage to your home or personal property, you may be able to deduct the losses you incur on your federal income tax return. Here are 10 tips you should know about deducting casualty losses: Casualty loss. You may be able to deduct losses based on the damage done to your property during a disaster.Sep 21, 2017

Top 10 Tips for Deducting Losses from a Disaster | Internal Revenue Service

They need federal grants, loans, and infrastructure repair. They already have the tax deduction. If anything Trumps tax cut will eliminate the property damage deduction.

you are intentionally being vague i the hopes you can cover your tracks, here is why
deduct from what, their taxes? if they don't pay those taxes in the first place they will not only save that money but have it even when disaster does not strike....and again you avoid the question that will expose you...are you contending that if these tax cuts go through those places will nt get rebuilt? and why did you include puerto rico, trump is not going to devestate them by cutting their taxes, he is going to let them pay every cent of their taxes, the lucky ducks...can you at least acknowledge trump is not giving PR a tax cut?, maybe compliment him for that?

 

[radical right]

you are intentionally being vague i the hopes you can cover your tracks, here is why
deduct from what, their taxes? if they don't pay those taxes in the first place they will not only save that money but have it even when disaster does not strike....and again you avoid the question that will expose you...are you contending that if these tax cuts go through those places will nt get rebuilt? and why did you include puerto rico, trump is not going to devestate them by cutting their taxes, he is going to let them pay every cent of their taxes, the lucky ducks...can you at least acknowledge trump is not giving PR a tax cut?, maybe compliment him for that?

The average disaster victim is probably looking at a $50,000 property loss, which would cut their taxes by $10,000 for several years (remember Trumps 10 years of paying no fed income tax due to a nearly $1 billion business loss)

While the Trump tax cut would cut them $4,000, and eliminate most deductions.

 

[Frankeneinstein]

you are intentionally being vague i the hopes you can cover your tracks, here is why
deduct from what, their taxes? if they don't pay those taxes in the first place they will not only save that money but have it even when disaster does not strike....and again you avoid the question that will expose you...are you contending that if these tax cuts go through those places will nt get rebuilt? and why did you include puerto rico, trump is not going to devestate them by cutting their taxes, he is going to let them pay every cent of their taxes, the lucky ducks...can you at least acknowledge trump is not giving PR a tax cut?, maybe compliment him for that?

The average disaster victim is probably looking at a $50,000 property loss, which would cut their taxes by $10,000 for several years (remember Trumps 10 years of paying no fed income tax due to a nearly $1 billion business loss)

While the Trump tax cut would cut them $4,000, and eliminate most deductions.

so the problem is trumps cut does not cut their taxes enough? the 4000 would be for life, while the deduction would be for a couple of years, and none of this affects PR which you are intentionally ignoring, trump is sparing them any kind of tax cut so they should be just fine, why are you not admitting this?

 

[radical right]

so the problem is trumps cut does not cut their taxes enough? the 4000 would be for life, while the deduction would be for a couple of years

They ould probably get a $10,000 tax cut from causality losses for the first three years, vs a $4,000 tax cut only guaranteed for the next three years.

Just like George H.W. Bush said "read my lips, no new taxes" only to raise taxes, those cuts aren't guaranteed beyond the current congress.

 

[Tehon]

We need to rebuild Houston, Florida and Puerto RIco.

Tax cuts won't pay for it.

Even you know they will by increasing revenues because the economy is growing.

How are the economies in the places hit by hurricanes?

Hurricanes are a stimulus to the economy.

 

[miketx]

If Trump is going to make Mexico pay for the wall to keep out Mexicans.
Why doesn't Trump make the Russians pay the cost to keep out Russian hackers? Including the cost of the investigations.

What hacking is this? Can you prove it this time?

 

[Frankeneinstein]

so the problem is trumps cut does not cut their taxes enough? the 4000 would be for life, while the deduction would be for a couple of years

They ould probably get a $10,000 tax cut from causality losses for the first three years, vs a $4,000 tax cut only guaranteed for the next three years.

Just like George H.W. Bush said "read my lips, no new taxes" only to raise taxes, those cuts aren't guaranteed beyond the current congress.

so you disagree with the tax cuts because they are not big enogh or long enough correct> and yes, HW lied about the new taxes and was promptly removed from office by the voters and the polls had him at a 90% approval rating during his early presidency...now will you address the PR and how it is a good thing they are not getting a tax cut?

 

[Carl in Michigan]

Trump wants to spend $1.5 trillion on taxcuts for the rich, but not $1 trillion on infrastructure

Obama scammed us out of a trillion "for infrastructure", remember?

 

[radical right]

If Trump is going to make Mexico pay for the wall to keep out Mexicans.
Why doesn't Trump make the Russians pay the cost to keep out Russian hackers? Including the cost of the investigations.

What hacking is this? Can you prove it this time?

Trumps department of homeland security told 21 states the russians tried to hack their election systems. If you want to keep your head in your ass, you can ignore it.

 

[miketx]

If Trump is going to make Mexico pay for the wall to keep out Mexicans.
Why doesn't Trump make the Russians pay the cost to keep out Russian hackers? Including the cost of the investigations.

What hacking is this? Can you prove it this time?

Trumps department of homeland security told 21 states the russians tried to hack their election systems. If you want to keep your head in your ass, you can ignore it.

But Trump didn't say it, so can you prove it or not?

 

[radical right]

Trumps department of homeland security told 21 states the russians tried to hack their election systems. If you want to keep your head in your ass, you can ignore it.

But Trump didn't say it, so can you prove it or not?

Trump lies.

DHS does its best to only tell the truth They testified under oath to it being true.

 

[Markle]

How are the economies in the places hit by hurricanes?

They haven't hurt the overall economy which has the last quarter being adjusted UP to 3%. That must sting.


Ramping Up: GDP Hits 3.0% In Advance Q3 Estimate
ED MORRISSEYPosted at 9:21 am on October 27, 2017

Real gross domestic product (GDP) increased at an annual rate of 3.0 percent in the third quarter of 2017 (table 1), according to the “advance” estimate released by the Bureau of Economic Analysis. In the second quarter, real GDP increased 3.1 percent. …

The increase in real GDP in the third quarter reflected positive contributions from personal consumption expenditures (PCE), private inventory investment, nonresidential fixed investment, exports, and federal government spending. These increases were partly offset by negative contributions from residential fixed investment and state and local government spending. Imports, which are a subtraction in the calculation of GDP, decreased (table 2).

The deceleration in real GDP growth in the third quarter primarily reflected decelerations in PCE, in nonresidential fixed investment, and in exports that were partly offset by an acceleration in private inventory investment and a downturn in imports.

Ramping up: GDP hits 3.0% in advance Q3 estimate - Hot Air

 

[frigidweirdo]

If Trump is going to make Mexico pay for the wall to keep out Mexicans.
Why doesn't Trump make the Russians pay the cost to keep out Russian hackers? Including the cost of the investigations.

Hey, how about this. The American people voted for Trump, how about THEY PAY for the costs.

 

[Markle]

Trumps department of homeland security told 21 states the russians tried to hack their election systems. If you want to keep your head in your ass, you can ignore it.

So, your point being?

 

[radical right]

If Trump is going to make Mexico pay for the wall to keep out Mexicans.
Why doesn't Trump make the Russians pay the cost to keep out Russian hackers? Including the cost of the investigations.

Hey, how about this. The American people voted for Trump, how about THEY PAY for the costs.

I still think we cold trade off sanctions for cash, and we would only need a couple of billion to cover our costs.

 

[radical right]

Trumps department of homeland security told 21 states the russians tried to hack their election systems. If you want to keep your head in your ass, you can ignore it.

So, your point being?

He claimed there was no hacking.