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As Republicans push for second tax vote in Congress, Democrats say 'Let's see'
reuters ^ | 04/17/2018 | Amanda Becker

Posted on 04/18/2018 5:58:33 AM PDT by ChicagoConservative27

WASHINGTON (Reuters) - Republican leaders in the U.S. Congress are moving forward with a plan to vote before the 2018 midterm elections on a bill to make permanent the temporary individual tax cuts in their recent tax overhaul.

It is not yet clear, however, if the plan would pick up support from Democrats, whose votes would be needed to pass legislation in the Senate.

The Republican tax law, approved in December without Democratic support, permanently cut the top corporate rate to 21 percent from 35 percent and created a permanent deduction for pass-through businesses. It created lower rates and new credits for individuals, but those expire at the end of 2025.

Democrats have said the tax code rewrite favors businesses and the wealthy, and that working-class taxpayers will see little benefit in their paychecks.

The nonpartisan Congressional Budget Office said last week that the tax bill, as written, is projected to add $1.9 trillion to the national debt over the next decade.

“We fully intend to make these things permanent, and that’s something we’ll be acting on later this year,” House Speaker Paul Ryan told reporters on Tuesday, referring to the individual rates.

(Excerpt) Read more at reuters.com ...


TOPICS: Business/Economy; Culture/Society; Government; News/Current Events; US: Wisconsin
KEYWORDS: 2018election; 2020election; amandabecker; congress; democrats; election2018; election2020; incometaxes; paulryan; republicans; reuters; taxcutsandjobsact; taxreform; taxs; tcja; wisconsin

1 posted on 04/18/2018 5:58:33 AM PDT by ChicagoConservative27
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To: ChicagoConservative27

Democrats will never allow anyone to take their hands from less of your paycheck. Your money must be redistributed.


2 posted on 04/18/2018 6:02:30 AM PDT by Sasparilla ( I'm Not Tired of Winnings)
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To: ChicagoConservative27

Ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha

Debbie Wasserman Schultz was on Miami “news” YESTERDAY complaining that in FIVE YEARS the income tax rates go back up. Well, election rigging Deb, here is your chance to change that situation.

Let’s see how you care about your middle class constituents.


3 posted on 04/18/2018 6:16:30 AM PDT by SoFloFreeper
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To: ChicagoConservative27

Will Democrats vote to make tax cuts permanent?

Don’t count on it. Even though they know its an issue on which they’ve been hammered badly.


4 posted on 04/18/2018 6:24:54 AM PDT by goldstategop (In Memory Of A Dearly Beloved Friend Who Lives In My Heart Forever)
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To: AdmSmith; AnonymousConservative; Berosus; Bockscar; cardinal4; ColdOne; Convert from ECUSA; ...
Thanks ChicagoConservative27.

5 posted on 04/18/2018 6:37:28 AM PDT by SunkenCiv (www.tapatalk.com/groups/godsgravesglyphs/, forum.darwincentral.org, www.gopbriefingroom.com)
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To: ChicagoConservative27

“It is not yet clear, however, if the plan would pick up support from Democrats, whose votes would be needed to pass legislation in the Senate.”


All the more reason to force a vote. MAKE them choose between their far Left donors and the citizens of their states. Their big complaint is that the corporate rate cuts are permanent, but not those for people...well, OK, here’s your chance to fix that, Dimbulbs. YOU should be pushing for it, not Republicans, IF you actually gave a damn about fixing this issue.

Every day these people reveal more and more of whom they really are. I just wish that the Pubbies would stop helping them to cover those facts up near election time. Pick that rock up, Pubbies, and let’s see the roaches scurry away from the light.


6 posted on 04/18/2018 6:44:28 AM PDT by Ancesthntr ("The right to buy weapons is the right to be free." A. E. van Vogt)
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To: Ancesthntr

There is never a tax cut Democrats like.

Well here is an opportunity for the GOP to get Democrats to come up with one for which they will vote.

Like last time, it won’t happen - and they’ll scream at Republicans for tricking them into voting against tax cuts.

Same script with them every time.


7 posted on 04/18/2018 6:50:42 AM PDT by goldstategop (In Memory Of A Dearly Beloved Friend Who Lives In My Heart Forever)
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To: ChicagoConservative27

McConnell needs to go, plain and simple. He thinks he’s some kind of curator for the museum that was once the U.S. Senate.


8 posted on 04/18/2018 6:57:30 AM PDT by LIConFem (I will no longer accept the things I cannot change. it's time to change the things I cannot accept.)
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To: ChicagoConservative27

I have full confidence the Republicans can screw this up.


9 posted on 04/18/2018 7:56:31 AM PDT by libertylover (If people come here legally, they're immigrants; if they come here illegally, they're invaders.)
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To: ChicagoConservative27

NOTHING about taxes is EVER PERMANENT and that is one of the main problems about taxes that makes the trend for both taxes and spending to go UP.


10 posted on 04/18/2018 8:35:46 AM PDT by Sequoyah101 (It feels like we have exchanged our dreams for survival. We just have a few days that don't suck.)
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