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Trump’s tax proposal won’t actually help the middle class.
Washington Post ^ | 19 Oct 17 | By Catherine Rampell

Posted on 10/21/2017 1:59:09 PM PDT by SkyPilot

President Trump campaigned on helping the little guy. His latest tax proposal, he says, is about helping the middle guy.

“It’s a middle-class bill,” Trump promised an audience of truckers last week.

Other administration officials and House Speaker Paul D. Ryan (R-Wis.) have also claimed that their primary objective in reconfiguring the tax code is to help the middle class, not the wealthy.

(Excerpt) Read more at washingtonpost.com ...


TOPICS: Business/Economy; Constitution/Conservatism; Extended News; News/Current Events
KEYWORDS: congress; gop; middleclass; tax; trump; trumptaxcuts; trumptaxplan
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To: SkyPilot

BTW - What tax bracket will you be in under the new proposal?

Oh, that’s right. You don’t know because it hasn’t been determined. But you know you are going to get screwed, all so evil businesses can grow!

What is conservative about hating business and free enterprise? How have you been on FR so long and still want to punish job creators?


21 posted on 10/21/2017 2:18:51 PM PDT by Mr Rogers (Professing themselves to be wise, they became fools)
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To: Mr Rogers
I find the communist idea that business is bad and deserves confiscatory taxes so politicians can buy things for their voters....repulsive.

Hear hear!

All conservatives should embrace two very important and powerful truths:

1. Wealth is not evil.

2. The most powerful of corporations can't arrest you and throw you in prison, or a mental institution. Government can.

This pervasive idea of the "eeeeevil corporation" in our society is a Leftist fiction and should find no place in conservative dialog.

22 posted on 10/21/2017 2:19:22 PM PDT by TChris ("Hello", the politician lied.)
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To: SkyPilot

Speculation.

Will be good to see the schedules etc.

5.56mm


23 posted on 10/21/2017 2:20:49 PM PDT by M Kehoe
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To: Mr Rogers
This endorsement brought to you by a guy who voted for Ted Cruz in the primary...

Before or after he had sex with Amanda Carpenter?


24 posted on 10/21/2017 2:20:53 PM PDT by SkyPilot ("I am the way and the truth and the life. No one comes to the Father except through me." John 14:6)
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To: M Kehoe
Speculation. Will be good to see the schedules etc. 5.56mm

No, it isn't speculation. The tax amendment to stop the GOP from taxing the rest of us was defeated last week. Look it up.

And 5.56 mm has nothing to contribute to the argument. You would be advised to remove it from your posts.

25 posted on 10/21/2017 2:23:06 PM PDT by SkyPilot ("I am the way and the truth and the life. No one comes to the Father except through me." John 14:6)
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To: dhs12345

being taxed twice on the same money doesn’t seem fair.....In PA You get taxed at least THREE times on some purchases. For instance, a bottle of wine or liquor is taxed for the Johnstown flood rebuilding in the 1800’s 0r early 1900’s. That is added to the price of the original purchase so you pay 6% state tax on the liquor PLUS the JT tax.


26 posted on 10/21/2017 2:23:17 PM PDT by Safetgiver (Islam makes barbarism look genteel.)
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To: SkyPilot

I don’t want to pay to subsidize Ivanka’s Women Who Work initiatives.


27 posted on 10/21/2017 2:23:49 PM PDT by Kalamata (Inside Every Liberal is a Totalitarian Screaming to Get Out - D. Horowitz)
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To: SkyPilot; All
Surely this tax bill is fully compliant with Congress’s constitutional Article I, Section 8-limited powers. (sarc)

Patriots need to make sure that there are plenty of Trump-supporting, state sovereignty-respecting patriot candidates on the primary ballots and pink-slip career lawmakers by sending patriot candidate lawmakers to DC on election day 2018.

28 posted on 10/21/2017 2:24:06 PM PDT by Amendment10
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To: I want the USA back

The media is out to get Trump. They don’t seem to care how this “tax cut” proposal is not a tax cut.


29 posted on 10/21/2017 2:24:18 PM PDT by SkyPilot ("I am the way and the truth and the life. No one comes to the Father except through me." John 14:6)
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To: dhs12345
Then again, being taxed twice on the same money doesn’t seem fair.

Only 30% of tax payers itemized deductions. So 70% are taxes twice on the same money. Only the wealthier citizens who live in high tax states benefit from this deduction in the first place.

Oh, and tax preparation businesses.

They benefit as well.

30 posted on 10/21/2017 2:24:45 PM PDT by Harmless Teddy Bear (Not a Romantic, not a hero worshiper and stop trying to tug my heartstrings. It tickles! (pink bow))
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To: gop4lyf
he wants to double the standard deduction. That would help my middle class family immensely.

Until you eliminate the deductions they take away. Higher math is difficult, but it must be used.

31 posted on 10/21/2017 2:25:22 PM PDT by SkyPilot ("I am the way and the truth and the life. No one comes to the Father except through me." John 14:6)
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To: SkyPilot

“Before or after he had sex with Amanda Carpenter?”

Don’t know that he did, but you seem to be someone consumed with envy. Envy of any successful person. Envy of businesses. Envy of Ted Cruz’s sex life (YGBSM!) And envy of people who live in freer states. And, I suspect, gross envy on Donald Trump.

Grow up, boy! Stop wallowing in your pity party, and take charge of your life. Find work with a private business, maybe. Who knows, you might even be able to find a pretty woman who will have you!

But stop shoving the commie lie that business is bad, and wealth evil. Let go of your inner Marx. Find some Reagan inside of you! Come on, try!


32 posted on 10/21/2017 2:25:49 PM PDT by Mr Rogers (Professing themselves to be wise, they became fools)
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To: SkyPilot

Methinks we are wound too tight.

Breath...

5.56mm


33 posted on 10/21/2017 2:25:54 PM PDT by M Kehoe
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To: SkyPilot

The media is very comfortable with reporting their views of something that doesn’t exist.
And idiots are comfortable with accepting what they’re told by the media.

When there’s real information to make conclusions upon I’ll be interested in how any changes affect people.


34 posted on 10/21/2017 2:26:14 PM PDT by mrsmith (Dumb sluts: Lifeblood of the Media, Backbone of the Democrat/RINO Party!)
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To: Mr Rogers
To: SkyPilot If businesses in America grow, why do you think that is bad?

I am all for business to grow. I am against screwing 44 million middle class Americans to pay for their tax relief as it destroys others.

Is that so hard to understand?

35 posted on 10/21/2017 2:27:14 PM PDT by SkyPilot ("I am the way and the truth and the life. No one comes to the Father except through me." John 14:6)
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To: Safetgiver

No wonder many PA people travel to DE to make their purchases!


36 posted on 10/21/2017 2:27:38 PM PDT by Kalamata (Inside Every Liberal is a Totalitarian Screaming to Get Out - D. Horowitz)
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To: mrsmith
You can Google the bill. You can also Google the latest news on it.

It is what it is.

37 posted on 10/21/2017 2:28:57 PM PDT by SkyPilot ("I am the way and the truth and the life. No one comes to the Father except through me." John 14:6)
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To: SkyPilot
I am all for business to grow. I am against screwing 44 million middle class Americans to pay for their tax relief as it destroys others.

Is that so hard to understand?

You're just spouting the Socialist Left's propaganda for them. That's what's hard to understand.

Tax cuts for one group do NOT "screw" another group. Look back to the 80's for some tax cut history under Reagan. Tax cuts help EVERYONE. Every. Single. Time.

38 posted on 10/21/2017 2:29:55 PM PDT by TChris ("Hello", the politician lied.)
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To: SkyPilot

It’s all speculation.
Like this.


39 posted on 10/21/2017 2:29:58 PM PDT by mrsmith (Dumb sluts: Lifeblood of the Media, Backbone of the Democrat/RINO Party!)
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To: SkyPilot

>>A real middle-class tax plan would likely include a large expansion of the earned income tax credit.

For decades the EITC has supplemented lower-income people’s pay through a tax refund. It’s pro-work, because it increases the payoff from holding down a job. <<

The EITC is an illegal direct transfer of funds from the productive to the pockets of the unproductive. It rewards sloth (that is “just making it and if I advance I lose money”).

ANY tax break is going to — hang on to your hats, folks! — help PEOPLE WHO PAY TAXES!!

From http://econostats.org/who-funds-the-federal-government-2/:


Overall, for 1979, including Social Security payments, for every $1.00 earned:

The lowest income quintile paid 7.5 cents to the federal government;
The second lowest income quintile paid 14.5 cents to the federal government;
The middle quintile paid 19 cents to the federal government;
The second highest income quintile paid 21.5 cents to the federal government;
The highest income quintile paid 27.1 cents to the federal government; and,
The top 1 percent paid 35.1cents to the federal government.

Says it all.


40 posted on 10/21/2017 2:30:01 PM PDT by freedumb2003 (Every Californian who supported "sanctuary state" has blood and ashes on his/her hands)
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