And Santa will deliver me a New Lexus.
Excuse me.. but I call BS....
The Senate Plan is smoke and mirrors... Seriously this sentence alone tells you the crap it is:
A couple earning $100,000, with $60,000 from wages, $25,000 in compensation from their non-corporate business, and $15,000 of business income, will see a tax cut of more than $2,850.
Why does it matter where or how their income came from??? The fact they are breaking it down that way is to sell the turd, because its a turd.
Take the house plan and vote these bums OUT.
A family of 4 earning 73k is middle class now?????? LOLOLOLOLOL
And that single homeowner in California making $135k will see a tax increase of at least $9,000.
Bull. Shit.
Under the republicrat progressive tax plan, my middle class tax liability doubles.
And between my wife and me, we make less than $90,000 a year.
In a west coast state, due to inflation and high income taxes, that is pretty much working poor territory.
I would be better off getting a minimum wage job, and filing for EITC, and would come out ahead financially.
Or even better, brush up on my spanglish, add an “ez” to my last name, and Oregon would literally be throwing cash at me.
BS. My taxes are going UP with this abortion of a bill. I swear, if this gets signed into law, I’ll do everything in my power to vote every single one of these bastards out. I don’t care if democrats get in there to replace them, the repubs deserve to have their asses kicked if they raise taxes on this many middle class families.
Its a suicide pact for the gop wing of the uniparty. They desperately want to lose in 2018.
Politics is a scam and were suckers for playing.
If the final bill does not get rid of the individual mandate then they can stick it all where the sun doesn’t shine.
What about a single man making $100,000?
Frankly, I’d rather have my liberty back.
A few extra dollars in my pocket means little when the albatross of tyranny remains around my neck.
And the poor single schlub, he has to pay for it all?
This post is like trying to heal the deaf and dumb...... :)
It's about a cabal of bankers and oligarchs like Mnuchin and Cohn (GOLDMANN SACHS TOO BIG TO FAIL BANKSTERS WHO ARE WRITING THIS BILL) who are hell bent on cutting the corporate rate to 20%, no matter what the consequences.
If they were smart, they would just cut the corporate tax rate and be done with it.
In 2016, corporations paid about 300 billion in corporate taxes , individual tax payers paid 1.6 TRILLION in income tax and 1.1 TRILLION in FICA and Medicaid.
The Government made about 900 billion in excise taxes, total tax receipts about 3.3 trillion.
Anybody who doesn't understand that corporate taxes are the SMALLEST portion of Federal Tax Revenues doesn't really have the facts necessary to weigh in on what these degenerate scumbags are up to.
I am all in for a lower corporate tax rate, but RAISING TAXES on working families to make up the difference and flat out lying about it is game changing.