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Senate Tax Trigger Would Allow for $350 Billion Increase, Sources Say [Flake-Corker poison pill]
via Twitter ^ | 11/29/2017 | Erik Wasson

Posted on 11/29/2017 8:04:17 AM PST by GIdget2004

Edited on 11/29/2017 12:23:58 PM PST by Jim Robinson. [history]

Follow the link to Bloomberg via twitter.

https://www.bloomberg.com/news/articles/2017-11-29/senate-tax-trigger-is-said-to-allow-for-350-billion-increase


See also: https://freerepublic.com/focus/f-news/3609027/posts


TOPICS: Cheese, Moose, Sister
KEYWORDS: corker; fakemedia; fakenews; fakesources; flake; libtardpropaganda; poisonpill; senatetaxplan; taxtrigger; tds
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To: SkyPilot

I contend that an automatic tax increase is unconstitutional.

And absolutely STUPID fiscal policy.


21 posted on 11/29/2017 9:56:57 AM PST by Mariner (War Criminal #18)
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To: SkyPilot
This “backstop trigger” is a baked in tax increase on top of the tax increase we get after they rape almost every deduction in the Tax Code we currently have.

If it's in the final version then I don't see the bill passing the Senate much less the House. If it's removed I expect Corker and Lankford to vote against it.

22 posted on 11/29/2017 10:00:49 AM PST by DoodleDawg
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To: SkyPilot; All

Every year, our Federal Government spends about $3.8 trillion dollars. That’s about equal to the total GDP of Germany. Triple the size of the GDP of Russia, Brazil, and many others. It’s staggering how much our Federal Government taxes, borrows, and spends.

Yet, with GOP control of Congress there isn’t even a whisper of spending restraint. Zero, zip, nada.

What to we get? Deduction Reform being peddled as Tax Reform. Time-barred rate reductions, backstops that raise taxes if certain factors change. It’s truly pathetic.

Spit.


23 posted on 11/29/2017 10:15:57 AM PST by Oldeconomybuyer (The problem with socialism is that you eventually run out of other people's money.)
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To: Oldeconomybuyer
Twenty years ago it was spending half that.

People need to know the facts and understand that Goldman Sachs too big to fail banksters (Cohn and Mnuchin)are the ones writing this depraved bill.

Give the corporations the 15% tax cut to stimulate business and the economy, but NOWAY IN HELL should they be engineering a PERMANENT RIP OFF of the MIDDLE CLASS to finance their schemes!!!.


24 posted on 11/29/2017 10:33:59 AM PST by Rome2000 (SMASH THE CPUSA-SIC SEMPER TYRANNIS-CLOSE ALL MOSQUES)
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To: GOPJ

PASS THE TAX BILL...

MCCAIN WON’T HAVE ANYONE SHOW UP FOR HIS FUNERAL IF HE’S FLAKES OUT ON THIS VOTE.

NO MORE QUISLINGS.

He’ll need very good drainage


25 posted on 11/29/2017 10:48:18 AM PST by butlerweave
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To: butlerweave

I don’t know why we think 3 Republicans will NOT vote for this.

McCain, Susan Collins are two. Who’s the other Benedict Arnold going to be?


26 posted on 11/29/2017 10:52:42 AM PST by skinndogNN
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To: butlerweave

If he votes against this bill I would suggest the top of a wind swept hill...


27 posted on 11/29/2017 12:22:41 PM PST by GOPJ (https://www.reddit.com/r/StumpSheet/comments/6ec3z1/fake_hate_crimes_official/)
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To: GIdget2004; youngidiot; C19fan; grania; lodi90; txrefugee; wiseprince; GOPJ; ...

See also: https://freerepublic.com/focus/f-news/3609027/posts


28 posted on 11/29/2017 12:32:46 PM PST by Jim Robinson (Resistance to tyrants is obedience to God!)
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To: Jim Robinson

Thanks for that ping.


29 posted on 11/29/2017 12:41:57 PM PST 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: Jim Robinson

Whenever Bob Corker and Jeff Flake are involved it’s ‘red flags’ everywhere... don’t trust those two. Thanks for the ping.


30 posted on 11/29/2017 12:44:26 PM PST by GOPJ (https://www.reddit.com/r/StumpSheet/comments/6ec3z1/fake_hate_crimes_official/)
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To: Oldeconomybuyer

They’re not even talking about passing EVerify. That would raise wages of US citizens, increase consumer spending, and enlarge the tax base.


31 posted on 11/29/2017 1:07:35 PM PST by grania (Deplorable and Proud of It!)
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