Posted on 11/01/2017 6:49:55 AM PDT by rktman
Republicans in Congress are postponing the roll out of their tax reform bill until at least Thursday. Kevin Brady, Chairman of the House Ways and Means Committee, says there are too many issues that need to be resolved before details of the plan can be discussed.
Politico:
Some details of the bill started leaking out Tuesday after Speaker Paul Ryan briefed conservative leaders on text that had been finalized. The proposal, sources in the meeting said, would lower the corporate tax rate to 20 percent, meeting their initial goal. They’ve also decided to keep the current top 39.6 percent tax rate on the wealthiest individuals — though they have not settled on which incomes would be hit by that rate.
(Excerpt) Read more at americanthinker.com ...
Congress is not the home of the brave, that’s for sure.
The repubs will blow it.
Guaranteed.
We all know it.
Personally -I don’t care to come up with an extra $3-5k by April in “tax relief”.
Sheesh!
Primary them all.
I can understand. They don’t want to spoil their unblemished record of doing absolutely nothing.
WE NEED A THIRD PARTY.
We can’t let the Dems gain seats. Defeat RINOs by getting on board with Bannon and voting for alternative candidates in the primaries, then Real Republicans in the general election.
The question is why he's still Speaker of the House.
The Congressional GOP Establishment does not intend to do anything on taxes, do they?
Oh, some individual Republicans may be all fired up, but is is something like urinating into the wind. The sea level will not change one whit.
Neither will the swamp level.
Steve Bannon may succeed in unseating as many as a third of the Republicans in the primaries. But they are giving him an enormous boost in that effort.
They’ve looked at 401(k), they’ve talked about social security bit can’t bring themselves to consider limiting immigration or getting rid of carried interest. Maybe the Dems are right, they give no voice to those who don’t have their own lobbyist. Neither do the Dems though so where does that leave the people?
So as I have been a good man, saving for my own retirement for 30 years dutifully and with much sacrifice, I now will enjoy a 30 percent tax increase in this tax relief plan? Go @uck yourselves republicans.
It all boils down to everything you earn is theirs. What you get to keep is theirs. What you may earn in the future is theirs. What you get to keep is theirs to decide.
Brady is a fine guy, an honest guy, and too dumb to be put in charge of something as complicated as Tax Reform.
They SHOULD have come with something very simple and relatively small. Cut corporate tax rate to 27% close a loophole or two, create a middle class tax cut to reward the Trump Democrats in the upper midwest, clock the whole package in at 1.5 trillion over ten years, and then you’re done.
Instead they have 30 rates going down, 20 rates going up, and everyone is looking to see whether they win or lose, and a LOT of Republican voters are going to see that they will lose. People making between 200k and 500k lose.
Either way, he has to go!!!!
Exactly! When it is complicated you know that the lobbyists are writing it.
“We gave them the house, senate and white house and this is the thanks we get?”
The GOP has been completely exposed as nothing more than a face of the uniparty. It’s real agenda is big government socialism and globalism. It allows the Democrat Party to lead on social and economic issues while pretending to be a voice of opposition. Once in power, Republicans use the system to sustain the Democrat programs while continuing to profess opposition.
Three issues brought the Republican party in 2016 to power in both houses of Congress and the executive branch. They were 1) Effective immigration and border control, 2) End to Obamacare, 3) Tax simplification and reform.
The party has failed on all three issues.
Failure deserves to be punished.
This is GOOD NEWS!
Many of the rumored negative items are being quashed and the result will be better for most tax paying Americans.
Per FoxBiz interview w congress-critter.
They are doing the exact same thing they did with the Healthcare bill. Trump should have had his people written it and then yelled and screamed at anyone who was against it until it becomes unpopular to be against it and they go with the wind. That’s how you have to govern when the entire Congress is against you. You may not get it passed in the end but at least people know where YOU stand and we can deal with the rest of the pukes at the ballot box.
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