Posted on 11/05/2017 8:24:58 AM PST by ForYourChildren
“I don’t trust that money which is repatriated at 20% would be put to good use.”
It does not matter if it would or not.
No corporation is going to bring money home only to pay 20% for the privilege.
Repatriated money should be taxed at 5% MAX. Just enough to cover the admin fees.
Ya think?
bmp
> So its left to everyone else to simply rearrange who pays what <
Agree. And there is no incentive for Fed.gov to live within its means because they raise the debt ceiling like it’s another round of beers with the guys.
Tax policy should be based on how much is needed to run an efficient and effective government, not how do we fool enough people to keep the ponzie scheme alive.
We disagree. If that repatriated money is used to buy out competitors and/or to buy pols to pass laws that favor them, overall it does us little folk more harm than good.
Yep
Levin's endorsement comes five months after unequivocally stating, I am not voting for Donald Trump. Period.
These types of endorsements ARE NOT endorsements at all.
As of that date, he was still endorsing Cruz with no reservations.
Levin is dead to me.
I ignore the NeverTrumper Levin these days. I can never go back to listening to him. If he got Trump wrong, what else is he getting wrong?
True. However the biggest spending is in Social Security and Medicare.
As someone (like most) who has spent his entire working life being robbed of 15% of my pay for Social Security and Medicare, it's a little late to tell me that I have to suck it up. I'd much prefer that those who have disproportionately benefited from a skewed, low capital gains tax rate vs. income tax suck it up.
The only politically feasible way of solving this dilemma is to boost the long term growth rate of the US, which this plan is attempting to do. It doesn't do enough: business and capital gains taxes should be equalized so that real business is as profitable as Wall Street speculation. But it's a start.
No tax bill will past the Senate. Not ever a communists Democrat version then would only add to the debt. President Trump is in trouble unless he works hard on the 2018 primary and finish many GOPe and Democrats in the Senate.
He’s the guy who knows our post-constitutional government will slide into hard tyranny unless We the People take back our government through an Article V Convention of the States.
He allowed a 180 day review during which time his military commanders allowed Trannies to re-enlist.
I love Super Secret, Super Genius plans, they worked out really well for GW, who had hundreds of them.
Today’s Republican Party is the equivalent of the 1980’s Democrat Party. It was never into conservatism and never wanted to be. Reagan and conservative support was a means to an end for the Republican establishment. We were useful idiots keeping them in power.
The Republican senate will further screw up the tax cut and nothing will happen. The left aka the establishment does not want a tax cut or reform, it will die by the likes of McInsane or the Maine sisters of Moloch.
Wait for it to come out of the senate first.
“He’s the guy who knows our post-constitutional government will slide into hard tyranny unless We the People take back our government through an Article V Convention of the States.”
And I guess that he didn’t understand that Hillary would JAIL HIM the moment the convention started getting close to reality...understandable, considering how much he HATED Trump.
The only reason Ryan et al are doing this is because they have this ridiculous notion they have to “pay” for tax cuts.
The Left has them by the balls that “trickle down doesn’t work” and that any time we have a tax cut that is “has to be paid for”.
What a load of horse shit.
Reagan proved that tax cuts will stimulate the economy and the tax cuts will pay for itself ... IF they can keep from spending all the new money.
So the “Swamp” is ok with spending over a trillion dollars a year we do not have but is not ok with giving Americans BACK their own hardearned money.
Well - he did say the plan is 85% good and 15% bad - mainly slammed the RINOs for being toe-sucking RINOs worried about nuance over reality.
Trump has promised not to touch entitlements.
So...where does that leave us?
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