“So much for simplification. Pathetic.”
that’s what some of us have been saying for weeks.
But the GOP led with a major marketing campaign, starting with the “red states subsidizing the blue state taxpayers” and that’s been the party line.
At least 1/2 of all folks here on FR are echoing that lie. They don’t have any individual knowledge of any of it, most don’t even pay income taxes due to their level of income, retirement status or whatever.
They are in the 47% and are quite anxious to “stick it to those rich blue states” and make ‘em pay.
A brilliant PR campaign by the Chamber of Commerce and the GOP. I have to hand it to them.
The real problem is a moral one: the government assumes it’s THEIR money, not ours. Otherwise, they would be factoring in ways to balance on the spending side, not trying to “pay” for the cuts by effectively raising the marginal rate on some.
Having the 12% bracket only go up to $45,000 for individuals will not cut it. A real break would run it up to the FICA income cap. And no 35% and 39.6% f*** the rich rates. That way, the simplification and goodie elimination (which I would like to support, by the way) wouldn’t cause a riot at the polls next year.
Sadly, an awful lot of posters to the tax threads, have no idea what they’re talking about re taxes and what was and is in this Bill; they also are the DOGS IN THE MANGER who want to “stick it to the rich/stick it to EVERYONE who live in a “BLUE STATE”...forgetting/ignoring that many Conservatives earn more than they do and/or live in blue states and post here.
“most don’t even pay income taxes due to their level of income, retirement status or whatever.”
I think you need to chill. You’re making a lot of assumptions about people just because they disagree with you. I don’t suppose you really know the financial status of most of us, and you certainly know nothing about me. And your assumptions are quite insulting.