Posted on 11/12/2017 4:31:47 AM PST by Kaslin
The TRUTH is that the GOP has squandered their opportunity
to help Americans, but only HELPED THEMSELVES,
as they kept ObamaCARE, kept spending high, and
continued to cover every scandal from the IRS to Benghazi.
Americans HATE THE ever-lying, dastardly GOP.
Odd that this tax expert doesn’t mention loss of personal/dependent exemptions.
He might have - as there seem to be certain gaps in the article toward the end where the authors subject is simply referred to as “this” - leave one wondering what he is writing about exactly. Could be that some editor inadvertently cut parts that should not have been cut.
Maybe, but the libertarians and rats are worse, amd worse yet is the old media empire run by the rats.
I just checked, its the entire article
So in other words this tax plan favors corporations and the wealthy at the expense of middle-class taxpayers. Tell us something we don’t already know.
“standard deduction is doubled to $24,000”
This is wrong. The number is for married couples!
Ten (10) percent. NO DEDUCTIONS,no loopholes. Good enough for God. Good enough for GOP!
Typical of the GOPeers supporting the individual side of the “reform”.
My fear is that the GOPe will help get rid of the deductions and then the Dems will come in and raise the rates.
Or how a family of four will see their taxable income INCREASE.
my personal calc is about 4000 more per year in taxes. if passes done as a republican voter
This is not a tax cut plan. It’s a tax “reform” plan and whether you’ll win or lose depends on where you are. Corporations and the lower middle class win. The poor stay about the same. I’m fine with it as is because I appear to win slightly. But the devil is in the details.
From a political perspective, this tax plan is poison. The fact that the plan cuts corporate taxes at the cost of other taxpayers is ready made for opposition ads. But that’s probably a feature. It’s obvious that the gop faction of the uniparty is desperately trying to lose the next election. They thirst for minority status where they don’t actually have to lead.
Politics is a scam and we’re suckers for playing.
We need to hold Pryno and Ditch to a promise to enact common sense, comprehensive spending control.
Trump should veto the bills as proposed.
If this passes, the Democrats will sweep in and win the House and Senate. Sooner or later they will have veto-proof majorities and they will import millions of drug gangsters and jihadists as new “citizens.” Your Second Amendment rights and First Amendment rights (especially when it comes to religion) will be violated. The GOPe has to know this. They must want to lose.
Yeah, the 24,000 is for married couples, but a single homeowner has to pay the same property taxes, and the new deduction wouldn’t cover it.
I never “deduction envy” was such a huge problem.
Yes I had checked also - what was written was deleted by the Townhall’s editor (not you) was what I was trying to say.
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.