It’s Tax Cut Tuesday and Nobody Is Happy?

Rush Limbaugh.com ^ | December 19, 2017 | Rush Limbaugh

[robroys woman]

Well, it passed the house. I was not concerned about that. It’s the senate that makes me nervous.

[LostInBayport]

So what is stopping Doug Emerson from making an $8,000 contribution to St. Jude’s, Sloan-Kettering, the Shriner’s or any other worthy medical cause of his choice?

Doug is the type of person that ascribes mythic-level wisdom to government in spite of overwhelming evidence that it is heavily populated with greedy, inept idiots that would never survive in the private sector (for reference, see Sheila Jackson-Lee and Joe Biden). He wants to government to spend his $8,000 for him because on some level he has faith they will make the better choice. Doug is a dolt.

I know liberals like this. They are also atheists, and whether they realize it or not they have filled that gap with government. Sad, really.

[Sa-teef]

the House minutes ago passed the reconciliation tax bill.
Now on to the Senate.

[robroys woman]

All I care about is that it is eliminating the individual mandate on obamacare.

[proxy_user]

Of course the 22 million taxpayers who will have to pay more are against it. Why is everyone so surprised at this?

These people are conveniently located in major media centers, so of course we’re going to hear lots of complaining.

[ExSES]

I am certain that you will drastically increase your charitable giving as a result?

[ExSES]

Oops..., make that HE not you!

[WilliamIII]

Millions of people - mostly upper middle and many of them Republicans - will have to pay more in taxes because state and local deductions are eliminated. Why shouldn’t they complain? The GOP claims to be the small govt party, but it’s raising taxes on many people - including many Republicans!!!!

[Spok]

Liberals are free to pay all the taxes they want. Don’t they know that?

[ichabod1]

The fake news is scary because of the fear that the politicians will hold it up as evidence for some communistic act, like changing a vote.

[ichabod1]

They want to TAKE social security and turn it into a government benefit.

[Grampa Dave]

“Any noticeable tax break I can get will make me happy.”

Living in Californicator land, if we break even, I will be happy. However, that is our choice to stay here. It would be nice not to keep all the receipts for the deductibles.

Our family CPA keeps telling one of our younger adult relatives that he and we will not need his services after this year.

He has told us to opt for the reverse mortgage and just go for the standard deduction.

My wife is finally starting to warm up to a reverse mortgage to eliminate our monthly mortgage and second.

[DoughtyOne]

I agree, and that’s part of the intent to be sure.

[xzins]

And lower taxes on corporations and businesses will mean our products will be more competitive because they’ll be able to lower prices due to lower expenses from taxes. Increased business will lead to more hiring and greater job security. And we are getting a tax decrease.

That’s a three-fer for the middle class.

[proxy_user]

I was hoping they’d keep the prices the same and give out the additional profits as dividends to the stockholders.

There may be some of that.

[xzins]

makes products less competitive against foreign competition

[Angels27]

Don Lemmon likes him some white meat

[xzins]

I’m sure there will be some of that money dedicated to increasing dividends.

[Drago]

I’m indifferent towards it....picking “winners & losers” isn’t good (corp. vs. personal & “SALT” vs. no SALT, just reduce tax table rates for all)...increased welfare thru “refundable tax credits” not good (just eliminate all tax credits and reduce tax table rates for all)...increasing the standard deduction, not good for charitable giving, once again eliminate all deductions, simplify the tax code and reduce tax table rates to compensate for no deductions. They had a chance for actual tax “reform”, but chose to rearrange the deck chairs (and still no balanced/surplus budget proposed with full funding of Obamacare also coming this week with another “continuing resolution”).

[Truth29]

"Millions of people - mostly upper middle and many of them Republicans - will have to pay more in taxes because state and local deductions are eliminated. Why shouldn’t they complain? The GOP claims to be the small govt party, but it’s raising taxes on many people - including many Republicans!!!!"

And some of them are FReepers. The SALT limitation is severe enough to more and offset the lowered tax rates in many cases.