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GOP chairman releases year-end tax package
The Hill ^ | 11/26/18 | Naomi Jagoda

Posted on 11/26/2018 8:59:44 PM PST by yesthatjallen

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1 posted on 11/26/2018 8:59:44 PM PST by yesthatjallen
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To: yesthatjallen
What a joke.

Welcome to gridlock.

If gridlock lasted until eternity, it would not be long enough.

These bastiges give kabuki a bad name.

2 posted on 11/26/2018 9:15:09 PM PST by onona (It is often wise to allow a person a graceful path.)
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To: yesthatjallen

The Republican HOR never represented us. We wanted infrastructure, an end to globalist adventurism, a balanced budget, and secure borders, with an end to cheap labor competition for US jobs. They’re still working on a tax bill that probably has more benefits for deep-pocket donors than for us little folk.


3 posted on 11/26/2018 9:21:12 PM PST by grania ("You don't give power to an angry left wing mob")
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To: yesthatjallen

If they had doubled the SALT Deduction to $20,000 from the current $10,000 that was part of the Tax Reform Bill, we may still have some of those lost Blue State Congressional Seats.

My “former” Congressman Dana Rohrabacher made the proposal but it was never acted upon. Now a Rat has his Seat.

Just sayin’.


4 posted on 11/26/2018 9:25:44 PM PST by Kickass Conservative (Democracy, two Wolves and one Sheep deciding what's for Dinner.)
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To: AdmSmith; AnonymousConservative; Arthur Wildfire! March; Berosus; Bockscar; cardinal4; ColdOne; ...
It does not, however, include some of the parts of the 2.0 package that Democrats found most objectionable — such as those to make the individual tax cuts in the GOP's 2017 tax law permanent or to create universal savings accounts.

5 posted on 11/26/2018 9:34:59 PM PST by SunkenCiv (and btw -- https://www.gofundme.com/for-rotator-cuff-repair-surgery)
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To: yesthatjallen

If they were even going to even bother with legislation they should have made permanent the tax cuts already passed. They had two years with all three branches of government and the tax cuts is about all they accomplished ... and that will expire.


6 posted on 11/26/2018 9:36:37 PM PST by plain talk
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To: yesthatjallen

K-Bray is a deep state swamp rat with a DUI. He’ll get nothing done.


7 posted on 11/26/2018 9:56:42 PM PST by mindburglar (I like spelling it Lazers. It looks cooler.)
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To: yesthatjallen

A day late and a dollar short!!

Wasn’t Brady part of the Ryan-Boehner gang??


8 posted on 11/26/2018 10:14:26 PM PST by ZULU (Jeff Sessions should be tried for sedition.)
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To: yesthatjallen

No mention of the 10% middle class tax cut from “2.0” either


9 posted on 11/27/2018 12:45:40 AM PST by newzjunkey (Are we tired of winning yet?)
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To: yesthatjallen

Tax breaks for horseracing and motor sports???


10 posted on 11/27/2018 2:48:08 AM PST by 9YearLurker
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To: Kickass Conservative

That definitely should have been phased out, rather than done so severely.


11 posted on 11/27/2018 2:48:55 AM PST by 9YearLurker
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To: Kickass Conservative

The effects of the limitations to $10,000 of SALT (State and Local Taxes - including real estate tax) will be felt in a big way starting in February when people start doing their taxes.

Although it will hit blue states the hardest, the depth of the pain is not yet appreciated.

In places where there are high real estate and income taxes (NY, NJ, Calif), a 3% reduction in federal taxes will not come close to negating the loss of SALT. This could accelerate the huge migration from these states and to low tax states like FL and TX, end up turning those Red / Purple States Blue.

I’m in a NYC Suburb and housing has already been hit pretty hard by people anticipating this change. Come April, it will get much, much worse.

I know; hits the “rich”. Guess what, when the rich leave, it hurts everyone.


12 posted on 11/27/2018 3:01:01 AM PST by dan on the right
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To: dan on the right
Funny how the argument is always to reverse President Trump's limitation of the SALT deduction, but never for the blue states to maybe cut their punitive SALT.

If NY and NJ weren't smothering their citizens under a mountain of taxes to begin with, then the President's tax cuts and loophole closures wouldn't be an issue.

13 posted on 11/27/2018 3:07:35 AM PST by Sirius Lee (In God We Trust, In Trump We MAGA)
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To: yesthatjallen

After seeing hall of famer joe namath on a commercial for medicare supplement.. ww need to re- visit fraud waste and abuse and stop the special interest tax breaks for a period of time. We have some serious debt and some serious IRS problems if hall of famers are on the public dole.


14 posted on 11/27/2018 3:52:23 AM PST by momincombatboots (How many vetoed spending dollars with chuck n Nancy without wall funding?)
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To: Kickass Conservative

Forget SALT relief there are more important matters to be tended to “horse racing, motor sports and renewable energy” tax breaks. Good grief.


15 posted on 11/27/2018 4:43:58 AM PST by hardspunned
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Comment #16 Removed by Moderator

To: grania

Any thing that hits my 2 annuities small as they are is BAD. That is my retirement money since SS is not livable on. Worked hard to save that money. NO I won’t let you take it to fund Freeloaders. Especially with DEMS in charge.

Better stick to finding the next USSC justice. This is going to be a CAT FIGHT.

John Paul Stevens reveals he decided to retire from Supreme Court after mini-stroke while giving dissent

https://www.foxnews.com/politics/john-paul-stevens-decided-to-retire-from-supreme-court-after-mini-stroke-citizens-united-dissent?fbclid=IwAR0iQ8uOTfItVg2HEpBsF9PCcalJfd2qoGqzAbVgmKIyNOsqJUqp2Gjx2lI


17 posted on 11/27/2018 5:12:09 AM PST by GailA (Wife of RET. SCPO, GET OVER IT, DONALD TRUMP IS PRESIDENT!)
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To: hardspunned

They’ve already proved Wind Power is a Fraud.


18 posted on 11/27/2018 5:14:32 AM PST by GailA (Wife of RET. SCPO, GET OVER IT, DONALD TRUMP IS PRESIDENT!)
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To: Kickass Conservative

East coaster here. They screwed us with SALT. The rest of the country does not understand the cost of living here. The cost to buy a home or the taxes we pay. At least in CA your property taxes stay same if you don’t sell


19 posted on 11/27/2018 5:17:25 AM PST by gcparent (Justice Brett Kavanaugh)
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To: dan on the right

Housing at all time high. If you are in a good neighborhood you have a pending sale in 3 weeks. Everyone wants our schools.

Republicans lost Long Island thanks to SALT. If you had money you paid your property and school taxes before 12/31/17


20 posted on 11/27/2018 5:26:21 AM PST by gcparent (Justice Brett Kavanaugh)
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