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Keyword: taxshiftpimp

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  • Democrats Erupt In Anger After ‘Corrupt’ Tax Bill Passes The Senate

    12/02/2017 4:54:36 PM PST · by Libloather · 63 replies
    Huffpost ^ | Carla Herreria
    **SNIP** Many Democratic senators said they weren’t able to read the entire draft of the tax rewrite, which contained handwritten notes and crossed-out pages, ahead of the vote. Others promised they would keep fighting against the bill, which still needs to be reconciled with the House version before it becomes law. "This Congress doesn’t work for working families,” Sen. Elizabeth Warren (D-Mass.) tweeted early Saturday morning. “It works for corporate lobbyists & campaign donors in backroom deals & 1:30 a.m. votes.” She added, “This corruption is hollowing out America’s middle class & tearing down our democracy.”
  • No tax cuts for working class families? Don't let the democrats and lib media fool you.

    12/02/2017 2:44:33 PM PST · by Jim Robinson · 147 replies
    https://freerepublic.com/senate/taxcalcs.pdf ^ | Dec 2, 2017 | by Jim Robinson
    <p>I calculated federal income taxes for two hypothetical working class couples filing jointly under the new senate proposal compared to current law, taking the standard deduction in each case (see the pdf at source).</p> <p>The first working class family has a combined income of $100,000 and if my calculations are NOW correct would owe $10,948 in federal income taxes under current law with an effective tax rate of 10.9%.</p>