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Senate Republican tax plan may eliminate property tax deductions and delay corporate cut
The Los Angeles Times ^ | November 8th, 2017 | Lisa Mascaro and Jim Puzzanghera

Posted on 11/08/2017 7:28:05 PM PST by Mariner

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To: Mariner

Corporate tax cuts are the key to this package and the economy. Without that the entire package is next to useless. I hope Trump tells them to go to hell and campaign against them in their primaries.


141 posted on 11/09/2017 3:45:49 PM PST by Sam Gamgee
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To: Mariner

That’s actually not a bad idea. Even if it ends up at 25%, give the Dummies a little of something.


142 posted on 11/09/2017 3:52:14 PM PST by Sam Gamgee
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To: Mariner

Partner, the Senate Republican plan is DOA we hope. These idiots are led by a Never Trumper named McConJob.

President Trump will not sign on to a bill where we delay the corporate Tax cut to 20%. Yes, we wish it had been 15% but we will take 20%.

We all know that 90% of the Income Taxes collected by the IRS comes from 10% of the highest income earners in the country.

We do not like the House plan of having another rate instead of just 3 tax rates.

Yes, I agree with ya on the top 10% income earners will see higher tax rates with the House plan.

We can start with this plan since it will create economic growth and this will mean more jobs.

Someone told me what a 1% economic growth gives to the country as far as private sector jobs. I just do not remember that number right now.

Cutting spending will be the next No. 1 priority, since The America Hating, Imposter hired so many folks into gov'mint jobs.

143 posted on 11/09/2017 6:18:15 PM PST by TheConservativeTejano
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To: DannyTN

The initial tariff was a Revenue tariff designed to fund the government at a time when the nation had no money supply. Protection of war industries was also a goal.

The US is demonstrating the “Export Cycle” wherein a country creates a new industry and remains the sole source for it for a period of time. Then economics and the cost of labor dictate that the production of the good seeks the lowest cost producer. First American industry moves production offshore. Then the technique for that production becomes widespread and new industries arise in the foreign country to produce it.

This is inevitable and starts all over again with new commodities.

We lead the world in innovation and one of the reasons is there is no protection of obsolescent industries by a tariff. With a level playing field we can compete with anyone. Escaping competition leads to stagnation then regression.

This does not even address the massive growth of federal power and the fact that Congress sets the tariff rates. Open the floodgates for even more corruption than there already is as industries lobby for favorable treatment by the tariff.


144 posted on 11/09/2017 6:38:50 PM PST by arrogantsob (Check out "Chaos and Mayhem" at Amazon.com)
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To: stockpirate
They refuse to cut spending.

'cause its their money dontcha know?

145 posted on 11/10/2017 5:53:45 AM PST by Don Corleone (.leave the gun, take the canolis, take it to the mattress.)
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