Posted on 10/02/2017 5:57:59 PM PDT by Mariner
Because their joy over this closed deduction surely cannot be related to their hatred for CA and NY commies.
The only plausible explanation is their resentment and hatred of those that make enough money to itemize.
See the chart in the article.
Moron.
IMO < anything that cuts off former tax credits, is a mistake.
We want to add to former deductions, not subtract them.
The idea is to put as much money as possible into the private sector to jump start the economy.
Investments, increased sales, increased work force, massive new tax revenues for the federal government, that is the goal.
Whittling little parts of the increased private sector money, does not serve us well reaching the desired goal.
This shouldn’t be an us against them situation folks. We want everyone to get tax cuts. That way the economy will get the maximum boost.
I am of the opinion that the states should decide for themselves how best to collect tax revenue to pay their federal tax bill.
Use representative apportionment - divide the previous year’s spending by the number of senator and representatives to get to a per senator and per representative cost. That cost is then calculated by the number of senators and representatives for an individual state. That tax bill for the state must be paid from state tax revenues before the state can spend money on state salaries or other state programs.
States are then free to decide for themselves how to collect taxes.
That’s crap. Get rid of all the deductions. Get a flat tax and I’ll file on a single page.
I’ve believed for many years any benefit provided by your employer or your business be included as income including heath benefits, gym, golf clubs etc etc
No deductions except standard and single or family and a flat tax, maybe progressive with 3 levels.
All income including capital gains should be income.
I want my tax return 1 page front only and legible enough that normal people can fill it out themselves.
You guys just have trouble with the truth.
As all social justice warriors do.
I’m baffled as to how you have survived here as long as you have.
A journalist for Yahoo with no known credentials except he worked in DC reporting on defense.....you bet that’s my go to guy
“All income including capital gains should be income.”
That’s because you’re a commie with deep resentment toward those who have earned enough to be comfortable.
“A journalist for Yahoo with no known credentials except he worked in DC reporting on defense.....you bet thats my go to guy”
It’s apparent you didn’t read the article nor view the chart.
Actually, I earned more than enough to retire at 46, 15 years ago and still being blessed with an outstanding life and am very comfortable.
Trust me each night as I ask God to forgive me for my sins I always thank gracefully for the life I’ve been given. Especially having grown up in a large inner city Irish Family.
God truly is fabulous I assure you, you 20 year troll.
First the Communists slap high tax rates on high incomes. Forever after, all attempts to reduce those exorbitant rates are “tax cuts for the rich.”
And the Commies always discuss tax reductions entirely in terms of how much the government is “giving” people by reducing tax rates.
Heck, I LIKE subsidizing everyone- including the rich!
“My money belongs to everyone.” That’s my motto.
For you to call me a troll is prima facie evidence you are stupid.
Complications in the tax code cost billions of dollars in effort, documentation, calculations, and just plain money. And the idea is NOT to “put money into the economy.” You could do that with helicopters. What produces more wealth-production is low marginal tax rates.
The tax code should require the absolute minimum in record-keeping and every other kind of cost.
Tax rates should be low, lower, and lowest.
Trump should be demanding a maximum income tax rate of 20% or even less.
Why can’t Trump bring back the 9/9/9 plan?
“Morons with no core principals if they are on favor of double taxation because they think it hits democrat and those making over $100k the most.”
I don’t believe them to be morons, necessarily.
Mostly I believe them smart and calculated in their pursuit of Social Justice.
yea OK, Mom says after all these years you need to move.
Moving will not solve my tax problem.
Ending this talk of ending SALT will.
Assets sold need to be adjusted for the (actual, real) inflation (tax) provided by the Feds over the period the asset was held. Anything else is THEFT!
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