[LostPassword]

They should keep their confidence quiet until it’s done. Once they go public, McCain takes it as a challenge and knows he’ll get even more of Chuckie’s approval when he stops it.

[Lou L]

ens. Bob Corker, R-Tenn., and Jeff Flake, R-Ariz., the last two senators who need to get on board. The GOP can pass the legislation even if both senators oppose it over budget deficit concerns.

Wait, is McCain on board? Color me stunned.

[House Atreides]

“...they would back the bill after securing further tax relief for pass-through businesses...”
********************************************************
I’m having difficulty following this.

Let’s see, “regular” corporations will have their income taxed at 20%. When those “regular” corporations pay dividends to their shareholders that dividend income will AGAIN be taxed at the personal income tax rates (up to 39%). So the dividend income to owners of “regular” corporations is, in essence, TAXED TWICE — with the 2nd tax bite of that apple being up to 39%.

But “pass-through” businesses will have their income ONLY TAXED ONCE and the net effect of the legislation is that the “personal income” from “pass-through entities” will taxed at a rate below 30% max. If that understanding is correct, high income earners from professional entities such as law firm partners are going to make out like bandits compared to individuals who get their income as “employees”. I’m not sure I like such preferential treatment.

[Scotswife]

McCain can’t stand Trump.
His support for this garbage bill ought to give everyone reason to pause.

[SunkenCiv]

Thanks GonzoII.

On Friday morning, Senate Majority Whip John Cornyn, R-Texas, called holdout Sens. Bob Corker, R-Tenn., and Jeff Flake, R-Ariz., the last two senators who need to get on board. The GOP can pass the legislation even if both senators oppose it over budget deficit concerns.

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[Beatthedrum]

Hard to hear Franken & Menendez casting votes on the floor of the senate. Both bastards need to be thrown out of the senate

[Crucial]

This tax bill could be better but I think it will turn out to be a net positive.