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Originally posted by @kmax87There are no tax cuts for the Middle Class?
[b]Lie #7: It’s a big tax cut for the middle class
See Lie #6 above. All the big provisions benefit the rich, not the middle class. What’s left is mostly small change – and some of it, like ending deductibility of state and local taxes and other deductions, actually raises taxes on a substantial number of middle-class Americans.
In total, by ...[text shortened]... a few, and/or Trump will invent some new ones. But I hope this ends up being a useful reference.[/b]
From what I hear, there are. What I object to is that some of these provisions will begin to phase out in 10 years or so.
As for the rest, how would not taxing the top 1% or taxing them 100% change anything for the poor?
Originally posted by @whodey"As for the rest, how would not taxing the top 1% or taxing them 100% change anything for the poor?"
There are no tax cuts for the Middle Class?
From what I hear, there are. What I object to is that some of these provisions will begin to phase out in 10 years or so.
As for the rest, how would not taxing the top 1% or taxing them 100% change anything for the poor?
Exactly...these blind followers cant seem to see the poor remain poor under dem control too.
Playing a shell game with them and they fall for it every time.
Originally posted by @whodeyYou can overcomplicate things by saying the federal budget is nothing like your family budget, but if you constantly spend more than your income, then you go further and further into debt. Now if by introducing a whole bunch of tax cuts you increase the budget deficit by 1.5 Trillion dollars, then you would think that pretty soon Congress will cutting all sorts of programs that give more people a seat at the table. And its that simple. Take away the responsibility from those who are doing very well out of the system, to contribute by giving proportionally more back into the system, and over time, the system will grind to a halt and be a liability to even those who now currently benefit.
There are no tax cuts for the Middle Class?
From what I hear, there are. What I object to is that some of these provisions will begin to phase out in 10 years or so.
As for the rest, how would not taxing the top 1% or taxing them 100% change anything for the poor?
The same economics that Paul Ryan and Co would have you believe is best for the country, was the same recipe for disaster that America embraced during the 1920's, which ended up being the biggest bust the world economy has ever experienced when everything hit the fan in 1929.
Maybe it has to happen again before people are absolutely convinced never to trust the snake oil mantra of low taxing, smaller government trickle down voodoo economics. Ask the people of Kansas what they think of trickle down economics!
Originally posted by @kmax87you have mentioned three things that haven't had time to be realized. Intellectually dishonest.
Mexico will pay for the wall.
Repeal and replace will give everyone better health care than they have under the Affordable Health Care Act.
The middle classes will be better off under his Tax Plan.
There's three lies without even thinking. You been asleep or just tuned into Fox and conservative radio all day?
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Originally posted by @mott-the-hoopleWe await your equally detailed dismissal of Krugman.
you have mentioned three things that haven't had time to be realized. Intellectually dishonest.
Originally posted by @mott-the-hoopleThat must make for many a quiet day in Hoopleville.
Your man is safe...I do not reply to C&Ps of biased blogs.
Originally posted by @mott-the-hoopleYou are part of the 47%.
The tax plan and the middle class...results in time for Christmas...UNLESS of course you are a 47%er.
https://www.forbes.com/sites/laurengensler/2017/12/20/att-gives-1000-bonuses-us-employees-tax-reform/#64f0313b7d61
Originally posted by @mott-the-hoopleYou said you were retired, which most likely means you don't pay federal income taxes.
Ah...you know my finances? LOL idiot!
Originally posted by @kazetnagorraI don't know where you get your info but I wish you were right. My wife and I have four sources of income. I will have to pay income taxes this year. Not sure how the new tax code is going to affect me yet, but from what I have researched it looks to help me quite a bit.
You said you were retired, which most likely means you don't pay federal income taxes.
Originally posted by @mott-the-hoopleWait for the corresponding GOP cuts in senior-oriented entitlement programs and/or the economic effects of federal borrowing, induced by the tax bill, before you decide that you have benefitted financially.
I don't know where you get your info but I wish you were right. My wife and I have four sources of income. I will have to pay income taxes this year. Not sure how the new tax code is going to affect me yet, but from what I have researched it looks to help me quite a bit.