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

Skip to comments.

McConnell 'misspoke' on claim that no one in middle class would get tax increase
The Hill ^ | November 10, 2017 | BY JORDAIN CARNEY

Posted on 11/10/2017 12:56:39 PM PST by Oldeconomybuyer

Senate Majority Leader Mitch McConnell (R-Ky.) is walking back his claim that no middle class Americans will see a tax increase under the Senate GOP plan.

"I misspoke on that. You can't guarantee that absolutely no one sees a tax increase," McConnell told The New York Times on Friday.

McConnell added that "what we are doing is targeting levels of income and looking at the average in those levels and the average will be tax relief for the average taxpayer in each of those segments."

(Excerpt) Read more at thehill.com ...


TOPICS: Business/Economy; Constitution/Conservatism; Government; News/Current Events
KEYWORDS: budget; swamp; taxes
Navigation: use the links below to view more comments.
first previous 1-2021-4041-46 next last
To: Diana in Wisconsin
It always AMAZED me that people REJOICED over getting a Tax Refund, and how they were going to spend it and treat themselves with it!

These same people think that the government sends a bigger gift (refund) to rich people than to them and are not happy about it.

Some Republican congress critters and pundits are still saying "give people back more of their money" instead of "let people keep more of their own money." Words mean something. The title EITC is another misnomer. It is a welfare payment, not a refund.

People also call their EBT payments their "paycheck." It should be titled: Thank you very much Taxpayers card.

21 posted on 11/10/2017 2:16:44 PM PST by Freee-dame (Best election ever.)
[ Post Reply | Private Reply | To 18 | View Replies]

To: Night Hides Not
Chamber of Commerce gets a tax break, paid for by Main Street.

That's the most succinct description I've seen of this tax plan. Well stated.

22 posted on 11/10/2017 2:17:40 PM PST by Windflier (Pitchforks and torches ripen on the vine. Left too long, they become black rifles.)
[ Post Reply | Private Reply | To 13 | View Replies]

To: Oldeconomybuyer

Just more Turtle rear output.

Just put the guy on a post.


23 posted on 11/10/2017 2:18:41 PM PST by Paladin2 (No spelchk nor wrong word auto substition on mobile dev. Please be intelligent and deal with it....)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Oldeconomybuyer

Where is the common sense, comprehensive spending reduction?


24 posted on 11/10/2017 2:19:22 PM PST by Paladin2 (No spelchk nor wrong word auto substition on mobile dev. Please be intelligent and deal with it....)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Oldeconomybuyer
You can't guarantee that absolutely no one sees a tax increase,"

Next week it'll be "You can't guarantee that absolutely most people won't see a tax increase..."

25 posted on 11/10/2017 2:20:34 PM PST by DoodleDawg
[ Post Reply | Private Reply | To 1 | View Replies]

To: Oldeconomybuyer

Socialism, communism or liberalism it’s all the same for all troubles. Lower the bar to the lowest common denominator. Third world status for all. Well all but the ruling class.


26 posted on 11/10/2017 2:25:47 PM PST by enduserindy ( I always smile when my competition doubles down on stupid.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: HarleyLady27

Lol!! Spot on!!

I wish that could be tweeted to McConJob, since his DC voicemail box is full :-)


27 posted on 11/10/2017 2:28:49 PM PST by Jane Long (Praise God, from whom ALL blessings flow.)
[ Post Reply | Private Reply | To 8 | View Replies]

To: Alberta's Child

Why are the Repubics destroying themselves? They have a senate majority to pass this bill. Now the Turtle says some middle class will see a tax increase????? Throw the bums out!!!!!


28 posted on 11/10/2017 2:34:35 PM PST by MGunny
[ Post Reply | Private Reply | To 3 | View Replies]

To: Oldeconomybuyer

Large families will pay more taxes...I did some figuring when it first was announced they were upping the standard deduction, but doing away with dependent deductions.

Now maybe they’ve worked this out, and changed it up, but this original statement meant anyone with more than 3 kids would pay more taxes.

Now approx $12000 for a family deduction, plus $4K for every person/dependent, so a family of free gets $32000 deduction.

New proposal, the $24,000 standard deduction, but no personal deductions. Hopefully they’ll realize this.

I know the child credit increases $600 per kid, and there’s a big difference between a credit and a deduction and my mind can’t wrap itself around that
right now :)

But it’s not just kids that are added to your income tax as dependents. We took care of my MIL in our home and since we were supporting her, she was a dependent as well.

I hope it’s all been resolved, and who knows what the bill will look like when the two bills are “merged” but to tout savings for middle class and then noticed the
dependent problem, I was really disappointed. Now we’re empty nesters, but I knew many in our younger years and the families had 5 or 6 kids. I don’t know if there are a log of larger families these days, but they’d be hit hard.


29 posted on 11/10/2017 2:50:22 PM PST by Dawn53Fl
[ Post Reply | Private Reply | To 1 | View Replies]

To: Oldeconomybuyer

Anyone presently in the 25% bracket in a state with high income tax rates who pays more than $10,000.00/year in property taxes will have a Federal Income Tax INCREASE.

Static rate + fewer deductions = higher taxes.

The GOP may as well kiss the rustbelt goodbye—forever.


30 posted on 11/10/2017 3:05:09 PM PST by lightman (ANTIFA is full of Bolshevik.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: SkyPilot

Ping.


31 posted on 11/10/2017 3:05:58 PM PST by lightman (ANTIFA is full of Bolshevik.)
[ Post Reply | Private Reply | To 30 | View Replies]

To: caligatrux

We need common sense, comprehensive spending control.


32 posted on 11/10/2017 3:21:02 PM PST by Paladin2 (No spelchk nor wrong word auto substition on mobile dev. Please be intelligent and deal with it....)
[ Post Reply | Private Reply | To 5 | View Replies]

To: Oldeconomybuyer

I am upper middle class (barely). I live in California and will definitely get a tax increase. The value of my home will be going down too.


33 posted on 11/10/2017 3:34:43 PM PST by willk (everyone)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Oldeconomybuyer; lightman; Mariner; nopardons
http://nymag.com/daily/intelligencer/2017/11/trumps-tax-bill-is-an-attack-on-vulnerable-house-gopers.html

If they pass this bill, it's bye bye GOP majority in the House of Representatives.

34 posted on 11/10/2017 3:36:52 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)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Night Hides Not

But think of all the jobs it will create for h1b visa holders. Heck there will be so many jobs companies refuse to give Americans, they’ll have to pass comprehensive immigration reform to meet the demand.


35 posted on 11/10/2017 3:41:35 PM PST by Yogafist
[ Post Reply | Private Reply | To 13 | View Replies]

To: SkyPilot

They can be primaried and replced with a MAGA candidate.


36 posted on 11/10/2017 3:45:55 PM PST by central_va (I won't be reconstructed and I do not give a damn.)
[ Post Reply | Private Reply | To 34 | View Replies]

To: wattojawa

Ping.


37 posted on 11/10/2017 5:46:26 PM PST by lightman (ANTIFA is full of Bolshevik.)
[ Post Reply | Private Reply | To 34 | View Replies]

To: Freee-dame

Exactly!


38 posted on 11/10/2017 6:34:21 PM PST by Diana in Wisconsin (I don't have 'Hobbies.' I'm developing a robust Post-Apocalyptic skill set!)
[ Post Reply | Private Reply | To 21 | View Replies]

To: SkyPilot

I look at the data, combined with what we know about net donor states and wonder how anyone can believe support for these Republican plans is anything but class warfare.

Every Congressional district in America has some taxpayers who make use of the SALT deductions, and while some will drop off with the increased standard deduction, very, very few will drop off if their income is over $100k.

Yet I’ve seen several dozen right here on Free Republic who still want to “stick it to those blue states”. And every state in the union, every single congressional district, red or blue, are taking these deductions because they have middle class income, a mortgage and therefore; significant state and local taxes.

When the income tax was first passed in 1913, taxing those monies which were used to pay other taxes was considered a moral issue. Something even the Progressives of the era would not propose.

Now we have a bunch of Social Justice Warriors on Free Republic, many who have probably never itemized a return in their adult lives, demanding these tax plans go forward.

They should now understand, if they are paying attention and not ignoring the data, that it would be their last hurrah at the political level.

There would never be another Republican majority in either House of Congress.

And Trump would be lucky to survive until the 2020 election.

Still, somebody is going to post after this one saying I’m just trying to protect the commies in California.


39 posted on 11/10/2017 7:00:12 PM PST by Mariner (War Criminal #18)
[ Post Reply | Private Reply | To 34 | View Replies]


40 posted on 11/11/2017 4:26:06 AM PST by SunkenCiv (www.tapatalk.com/groups/godsgravesglyphs/, forum.darwincentral.org, www.gopbriefingroom.com)
[ Post Reply | Private Reply | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-4041-46 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

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