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To: IWONDR
but i know as a middle class taxpayer and a former member of a math honor society, that either of these tax bills are bad news for the average taxpayer.

Did you crunch the numbers yourself former math honor society person? It seems like you are believing stuff that probably originates with Democrat propagandists. There are people calling talk shows with false talking points who I think are working for Democrat connected groups.

According to this article, in 2018 over 80% of taxpayers earning between $25,000 and $307,900 get a cut under the House Tax Bill. Of those who don't get a cut, most of those in the lower income range don't get an increase either. So it's not that 20% pay more.

It does increase taxes to a higher number of middle class tax payers by 2027 (those earning between $25,000 and $307,000) - about 30% - assuming nothing changes.

I believe that the biggest benefit to the nation is the corporate tax cuts. They would significantly boost economic growth.

94 posted on 11/15/2017 8:31:25 PM PST by lasereye
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To: lasereye
What you wrote is utter, unalloyed B.S. and in spades!

You accuse others of falling for/using DEM talking points, when YOU are using a crap article.

And FYI...those who earn $25,000 a year, for a couple, are just about at the poverty level; hardly "middle class".

102 posted on 11/15/2017 9:28:28 PM PST by nopardons
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To: lasereye
I believe that the biggest benefit to the nation is the corporate tax cuts. They would significantly boost economic growth.

That's only helpful if the greedy vermin in the C-level suites don't hoard all of the economic growth for themselves and the other high earners.

Used to be (even allowing for hedonic improvements, lower standard of living in general, and so forth) an average American could get a high school degree, get a regular job, and afford a middle class lifestyle for a 4-person family, including car and house. One one income, possibly supplemented by a wife working part time.

Now, with the advent of two income families, easy credit, and inflation, you need two full-time workers to make a go of it. And it takes longer to get established enough to buy a house.

GDP growth has outpaced population growth in real terms: but the upper income levels have outpaced everyone else, and disproportionately, too, in terms of accrued wealth.

105 posted on 11/15/2017 9:32:43 PM PST by grey_whiskers (The opinions are silly those of the author and are subject to change without notice.)
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To: lasereye

I talked with my accountant over the first few proposals. Most taxpayers will see a tax hike. Most small businesses are going to be slammed.

Go look into it. This is a tax hike


155 posted on 11/16/2017 4:22:45 PM PST by redgolum
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