Free Republic
Browse · Search
News/Activism
Topics · Post Article

The GOPe plan is deductible reform, not tax reform.
1 posted on 11/08/2017 2:27:43 PM PST by Oldeconomybuyer
[ Post Reply | Private Reply | View Replies ]


To: Oldeconomybuyer
President Donald Trump called from South Korea on Tuesday to share with Democrats what his accountant told him about the GOP tax measure, namely that he is "going to get killed in this bill."

 

Don't worry Mr. President. This tax reform bill hasn't got a snowball's chance. If you thought your TrumpCare plans got torpedoed by the Uniparty - just wait and see what they do to this tax measure proposal.

2 posted on 11/08/2017 2:38:14 PM PST by Responsibility2nd
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Oldeconomybuyer

the whole thing is bad optics.

they are doubling the standard deduction... but proposing to eliminate tons of deductable things to pay for that...

the problem is... all those things they are eliminating ... are popular... and everyone keeps forgetting about the doubling of the standard deduction.

they would be better just doubling the standard deduction and leaving all the other deductions alone, since most people will never get to use them anyway since taking the newly doubled standard deduction will be FAR more beneficial to them.


3 posted on 11/08/2017 2:38:36 PM PST by TexasFreeper2009
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Oldeconomybuyer

Looking at that title, it should make Demoncrats and #nevertrumpers all vote for the bill.

Smart thinking President Trump!

By the way, I am sick of hashtag everything. I wish it would go away.


4 posted on 11/08/2017 2:40:57 PM PST by dforest
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Oldeconomybuyer
If this tax bill ends up screwing the middle class, Trump is done, the Republicans are done, and Conservatism is done. We will revisit the cataclysms of 2006 and 2008. On the other hand, if Trump provides significant, clear, undeniable tax relief to the middle class as promised, the Democrats will be revisiting the cataclysm of 1860.
5 posted on 11/08/2017 2:44:40 PM PST by RC one (The 2nd Amendment is a doomsday provision, one designed for those exceptionally rare circumstances)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Oldeconomybuyer

With a world-famous, big family business, Trump’s not the best one to push through the estate tax. We’ve got better priorities than that too, as they already have a fairly high threshold on it and we do too much to stifle upward mobility by heavily taxing the income of those without assets and barely if at all taxing the substantial assets of those who didn’t earn them themselves — and get taxed for them that way.


6 posted on 11/08/2017 2:45:50 PM PST by 9YearLurker
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Oldeconomybuyer

You want to be popular with the people who elected you?

Tax the “non profit” foundations that the ultra-rich use to shield their wealth from taxes unto the N’th generation. Declare that non-profit investment income from endowments will be taxed at the corporate tax rate.


10 posted on 11/08/2017 2:54:03 PM PST by PapaBear3625 (Big governent is attractive to those who think that THEY will be in control of it.)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Oldeconomybuyer
"My accountant called me and said 'you're going to get killed in this bill.' The deal is so bad for rich people, I had to throw in the estate tax just to give them something."

Does he really think anyone, much less Democrat senators, is going to believe him?

13 posted on 11/08/2017 3:12:11 PM PST by DoodleDawg
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Oldeconomybuyer

First I want to know who your tax man voted for in 2016 .


18 posted on 11/08/2017 3:26:23 PM PST by Lionheartusa1 ()-: There is nothing DEMOCRATIC about the democrat party ,, stop using that term :-()
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Oldeconomybuyer

Cut the special interests, and simplify the tax filings. No one needs free medical racket insurance or to have their mortgage interest paid by Uncle Samantha. We don’t need to be rewarding outrageous debts that will not be paid off or ever increasing medical costs.


20 posted on 11/08/2017 5:03:45 PM PST by familyop ("Welcome to Costco. I love you." --Costco greeter in the movie, "Idiocracy")
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Oldeconomybuyer

If the GOP can’t agree on a tax plan, I can make it so simple. Simply lower the corporate income tax and lower the income tax across all income levels. Tax revenues will increase as the economy grows.

Don’t do anything else.


23 posted on 11/08/2017 7:58:51 PM PST by Crucial
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Oldeconomybuyer

Trump using reverse psyche on them - if they think it will “kill” him, they are more apt to vote for it and give us some form of middle class bennies and the actual reform.


24 posted on 11/09/2017 2:59:04 AM PST by trebb (Where in the the hell has my country gone?)
[ Post Reply | Private Reply | To 1 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson