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To: nopardons
There are obviously winners and losers in the current tax code. The current winners are borrowers of large amounts of money and people who live in high tax states. The rest of us pay for those people, we are the losers. I am sort of in between, having enough deductions to make deducting my mortgage and state and local taxes worthwhile.

But here's the thing: I am willing to give up my tax deductions for a bill that lowers the corporate rate, because lowering the corporate rate helps everybody, not just me. Granted there is an argument that promoting home ownership helps society and the economy, but it also creates current winners and losers. Creating winners and losers in the tax code is generally bad for the economy, just like low interest rates are bad for the economy, just like welfare is bad for the economy. All of those are bad because they distort the economy.

459 posted on 11/03/2017 6:13:03 AM PDT by palmer (...if we do not have strong families and strong values, then we will be weak and we will not survive)
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To: palmer
Lowering corporate taxes, whilst STEALING money from others, to "pay for that"...helps NOBODY!

With less money, people, in this nation, won't be able nor willing to BUY stuff from these corporations!

Many things aren't a "zero sum game", but THIS is!

There are now FIVE different brackets, that we know of; not 3, not 4, but 5! Who knows what else is buried in this miasma?

There is also, now, we come to find out...a large RAISE in the amount paid to those who do NOT pay ANY Fed taxes at all!

Doesn't that make you feel all warm and fuzzy? /s

Stop "justice signaling" with your idiot claim that you are willing to give up your tax deductions for LARGE CORPORATIONS! CORPORATIONS DON'T PAY TAXES ANYWAY...THEY JUST RAISE THEIR PRICES AND/OR MOVE.

475 posted on 11/03/2017 3:29:23 PM PDT by nopardons
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