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Exclusive: Trump, GOP to cut top individual rate to 35%, Corporate tax rate from 35% to 20%.
Axios ^ | 09/23/2017 | Jonathan Swan

Posted on 09/24/2017 10:16:17 AM PDT by SeekAndFind

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1 posted on 09/24/2017 10:16:17 AM PDT by SeekAndFind
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To: SeekAndFind

Sounds good. This should make people like Matt Drudge and Jamie Dimon (EO for JP Morgan-Chase) happy.


2 posted on 09/24/2017 10:20:16 AM PDT by lee martell
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To: SeekAndFind

Not impressed.


3 posted on 09/24/2017 10:21:21 AM PDT by SgtHooper (If you remember the 60's, YOU WEREN'T THERE!)
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To: SeekAndFind

Congress is going to do something?

I’ll believe it when it’s done.


4 posted on 09/24/2017 10:21:22 AM PDT by SaxxonWoods (CNN IS ISIS.)
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To: SeekAndFind

Pathetic, measly rate cuts.


5 posted on 09/24/2017 10:23:00 AM PDT by Arthur McGowan (https://youtu.be/IYUYya6bPGw)
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To: SeekAndFind

How about tying the corporate tax rate cut to the abandonment of worker visas and offshore technology teams?


6 posted on 09/24/2017 10:23:26 AM PDT by a fool in paradise (Did Barack Obama denounce Communism and dictatorships when he visited Cuba as a puppet of the State?)
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To: SeekAndFind

If slavery involves the theft of 100% of the value of your labor,
the GOP thinks you should be 35% enslaved.


7 posted on 09/24/2017 10:26:26 AM PDT by aMorePerfectUnion
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To: SeekAndFind

McCain or Cruz will kill it.


8 posted on 09/24/2017 10:30:27 AM PDT by Basket_of_Deplorables (Drone Soros and sons!!!)
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To: Arthur McGowan

On the contrary, it’s an amazing cut for the people who matter. It won’t cut much from bureaucrats and administrators who pull in $600k/year to sit on a diversity board, but successful small business owners (who actually contribute to the economy) will see a top rate reduction from 40% down to 25%. That’s substantial.

As the sole proprietor of a successful small business I’m very excited. Not that I believe the cut will actually pass (given recent history), but it’s definitely not a pathetic cut.


9 posted on 09/24/2017 10:31:50 AM PDT by fluffy
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To: Basket_of_Deplorables

RE: McCain or Cruz will kill it.

Why specifically these two?


10 posted on 09/24/2017 10:32:25 AM PDT by SeekAndFind
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To: SgtHooper

RE: Not impressed.

What would you prefer?


11 posted on 09/24/2017 10:34:22 AM PDT by SeekAndFind
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To: Arthur McGowan

RE: Pathetic, measly rate cuts.

What should it be to not be pathetic/measly?


12 posted on 09/24/2017 10:34:57 AM PDT by SeekAndFind
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To: SeekAndFind
The current seven income tax brackets collapsed to three, as part of simplification. (Axios hasn't obtained the other two rates.)

We can confirm, too, WashPo's reporting that Republicans plan to double the standard deduction — a boost for the middle class and a key component of simplification.


Those two points, assuming the "other two rates" present a decrease in rate for the average Joe (yours truly), have me interested.
13 posted on 09/24/2017 10:36:29 AM PDT by LostInBayport (When there are more people riding in the cart than there are pulling it, the cart stops moving...)
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To: SeekAndFind

I have changed my libertarian opinion on tax rates. It seems the oligarchs have been causing too much mischief with their billions.

Because of this the top bracket should be 75%.


14 posted on 09/24/2017 10:37:01 AM PDT by sevlex
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To: SeekAndFind

How bout we divide by 10 and get it down to 3.5%.

Better yet, just kill the disgusting tribute to the government-bankster class called the “income tax” and go back to equalizing tariffs and straight excise taxes.

That will make them pay attention and make sure the business conditions are good or else they won’t make a damn thing.

Like the rest of us.


15 posted on 09/24/2017 10:37:21 AM PDT by Regulator
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To: SeekAndFind

If that’s it, I’m not impressed.


16 posted on 09/24/2017 10:38:49 AM PDT by Jonny7797
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To: SeekAndFind

Tax those NFL, NBA, and liberal celebrities 80 percent watch them cry like lil p*ssies


17 posted on 09/24/2017 10:38:55 AM PDT by Sarah Barracuda
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To: SeekAndFind

It’s certainly a start IF true

Axios is a useless source


18 posted on 09/24/2017 10:39:59 AM PDT by Nifster (I see puppy dogs in the clouds)
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To: SeekAndFind

Until McCain, Rand Paul, Collins, Murcowski, Cruz, Lee, et all say it is not good enough for them and kill tax cuts.


19 posted on 09/24/2017 10:40:19 AM PDT by conservative98
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To: SeekAndFind
Trump, GOP to cut top individual rate to 35%, Corporate tax rate from 35% to 20%.

This is one step that will work and even start to draw in the crony capitalist Fascist corporation that have gone over to the Rats and RINOs. They will get on board for the money.

20 posted on 09/24/2017 10:40:32 AM PDT by Navy Patriot (America returns to the Rule of Law)
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