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.
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.
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.
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.
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.
Does he really think anyone, much less Democrat senators, is going to believe him?
First I want to know who your tax man voted for in 2016 .
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.
If the GOP cant 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.
Dont do anything else.
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.