Republicans unveil tax plan, call for doubling deduction and cutting rates

Fox News ^ | Sept 27, 2017

[arrogantsob]

There is no doubling of the mortgage interest deduction.

[arrogantsob]

This not a BUDGET it is a TAX BILL, geez.

[arrogantsob]

What “personal deductions” would raise your taxes that much?

[arrogantsob]

A massive sales tax would do nothing but tank the economy.

[arrogantsob]

Elimination of state and local tax deductions will never get through and shouldn’t it is a throw away in negotiations.

[arrogantsob]

Homes sold are not all new. In Chicago the average price for a sale in a good neighborhood does not exceed 270,000

[arrogantsob]

Can capital losses still be chargeable to gross income?

[eartick]

AND like I said to the person that CANNOT comprehend I will say it again.

Where are they cutting SPENDING you fricking IDIOT!!!!!!!

[TexasGator]

Read my post.

[raiderboy]

Well thank you. So many are painfully ignorant.

[arrogantsob]

You are too dumb to be on Free Republic since you don’t understand the difference between a TAX bill and a BUDGET.

TAX bills determine HOW money is raised for the government. BUDGETS describe WHAT the money raised by the TAX bill is to be spent. They are two different things unrelated to each other. Any cuts will be in the BUDGET not in the TAX bill.

The budget comes later. Is that simple enough for you?

[eartick]

I say again.....where are the spending cuts??????

[arrogantsob]

You can’t possibly be this dense. Cuts would come in a BUDGET not a TAX bill. It has been repeatedly explained to you but you either refuse to listen or cannot grasp the obvious.