Tax Reform

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  • JC29856JC29856 Posts: 9,617
    edited December 2017
    JC29856 said:
    Where’s Sister Sarah? Where’s Sister Sarah and the T-Party? Where’s their outrage at the $1,000,000,000,000,000 increase in the deficit? Oh yea, shiny objects and NOBAMA.
    Im guessing Palin and Feinstein are huddling
    Like everything else, you’d be wrong.
    Okay, maybe but I think both have made appointments with their tax attorneys to tax plan on their disappearing mortgage interest deductions.
    Scratch that also, they dont have mortgages on any of their homes. Polar Opposites at the Common workplace!
  • JC29856 said:
    JC29856 said:
    Where’s Sister Sarah? Where’s Sister Sarah and the T-Party? Where’s their outrage at the $1,000,000,000,000,000 increase in the deficit? Oh yea, shiny objects and NOBAMA.
    Im guessing Palin and Feinstein are huddling
    Like everything else, you’d be wrong.
    Okay, maybe but I think both have made appointments with their tax attorneys to tax plan on their disappearing mortgage interest deductions.
    Scratch that also, they dont have mortgages on any of their homes. Polar Opposites at the Common workplace!
    Bernie’s shady land deal got you down?
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  • JC29856JC29856 Posts: 9,617
    Check your paychecks and pay vouchers in 2 months! We all better off when we all better off! 
  • Go BeaversGo Beavers Posts: 8,586
    JC29856 said:
    Check your paychecks and pay vouchers in 2 months! We all better off when we all better off! 
    Free stuff!!
  • The rich get richer.
    And the poor will get their chance to elect people who want to make the rich even richer still.
    What a world.
  • mcgruff10mcgruff10 New Jersey Posts: 27,739
    edited December 2017
    We are screwed in New jersey.  To fund the tax reductions, the legislation took aim at the federal deduction for state and local taxes, a mainstay of the internal revenue code since the first income tax.
    The deduction was capped at $10,000, less than half the average $21,720 New Jersey taxpayers currently claim.
    federal deficit over $1.5 trillion over ten years...how the fuck could anyone vote for this?

    Post edited by mcgruff10 on
    I'll ride the wave where it takes me......
  • brianluxbrianlux Moving through All Kinds of Terrain. Posts: 40,592
    edited December 2017
    About as well put as any description I've read yet is this from Mr. James Howard Kunstler in his blog yesterday:

    "The Tax “Reform” bill working its way painfully out the digestive system of congress like a sigmoid fistula, ought be re-named the US Asset-stripping Assistance Act of 2017, because that’s what is about to splatter the faces of the waiting public, most of whom won’t have a personal lobbyist / tax lawyer by their sides holding a protective tarpulin during the climactic colonic burst of legislation."
    Post edited by brianlux on
    “The fear of death follows from the fear of life. A man [or woman] who lives fully is prepared to die at any time.”
    Variously credited to Mark Twain or Edward Abbey.













  • bootlegger10bootlegger10 Posts: 15,489

    Senate approves.  House will-revote today and Donnie will sign.

  • brianluxbrianlux Moving through All Kinds of Terrain. Posts: 40,592
    The year 2018 is going to be interesting.   But aren't they all these days?
    “The fear of death follows from the fear of life. A man [or woman] who lives fully is prepared to die at any time.”
    Variously credited to Mark Twain or Edward Abbey.













  • You get what you ask for.

    You elected a narcissistic, greedy, corrupt, lying, woman abusing fraud.

    What did you expect?
    "My brain's a good brain!"
  • MayDay10MayDay10 Posts: 11,604
    cant wait to hand my 'windfall' of $30 a week straight to Spectrum Cable.
  • mrussel1mrussel1 Posts: 28,600
    MayDay10 said:
    cant wait to hand my 'windfall' of $30 a week straight to Spectrum Cable.
    I believe another poster in the Republican thread called the windfall "exponential".  I think he's confusing exponents with basis points.  
  • tbergstbergs Posts: 9,195
    mrussel1 said:
    MayDay10 said:
    cant wait to hand my 'windfall' of $30 a week straight to Spectrum Cable.
    I believe another poster in the Republican thread called the windfall "exponential".  I think he's confusing exponents with basis points.  
    Most people will be handing those savings over to their ISP so they can maintain their download speeds and streaming services due to the death of Net Neutrality. That and every other thing we're getting fucked on by this Admin, but sure drink some more kool-aid and believe this is the best tax plan ever. Ignorance truly is bliss.
    It's a hopeless situation...
  • JC29856JC29856 Posts: 9,617
    mrussel1 said:
    MayDay10 said:
    cant wait to hand my 'windfall' of $30 a week straight to Spectrum Cable.
    I believe another poster in the Republican thread called the windfall "exponential".  I think he's confusing exponents with basis points.  
    Agree, call me a conspiracy theorist but is it a coincidence that just when the tax cuts take effect in Feb to put more money in our pockets so too will the Net Neutrality fees kick in! Imagine a pay per post fee here, that $30 is gone in no time!
  • KatKat There's a lot to be said for nowhere. Posts: 4,769
    Joy Reid‏ Verified account  @JoyAnnReid . 17 hours ago
    I had a Republican source tell me quite plainly: @BobCorker and other Republicans
    don't care what Americans say. They are "cashing out." That's what this GOP tax bill is about.
    Falling down,...not staying down
  • JC29856JC29856 Posts: 9,617
    Kat said:
    Joy Reid‏ Verified account  @JoyAnnReid . 17 hours ago
    I had a Republican source tell me quite plainly: @BobCorker and other Republicans
    don't care what Americans say. They are "cashing out." That's what this GOP tax bill is about.
    sounds like they know its coming next election
    one good thing: the repeal of the health insurance mandate
  • "Republicans will rue the day that they pass this tax bill because it's so unfair to the middle class," Senate Minority Leader Chuck Schumer, D-N.Y., said Tuesday. "It so blows a hole in our deficit, it so threatens Social Security, Medicare and Medicaid. They will rue the day."

    Graphic showing which income groups benefit most from the GOP tax bill 2018 vs 2027
    09/15/1998 & 09/16/1998, Mansfield, MA; 08/29/00 08/30/00, Mansfield, MA; 07/02/03, 07/03/03, Mansfield, MA; 09/28/04, 09/29/04, Boston, MA; 09/22/05, Halifax, NS; 05/24/06, 05/25/06, Boston, MA; 07/22/06, 07/23/06, Gorge, WA; 06/27/2008, Hartford; 06/28/08, 06/30/08, Mansfield; 08/18/2009, O2, London, UK; 10/30/09, 10/31/09, Philadelphia, PA; 05/15/10, Hartford, CT; 05/17/10, Boston, MA; 05/20/10, 05/21/10, NY, NY; 06/22/10, Dublin, IRE; 06/23/10, Northern Ireland; 09/03/11, 09/04/11, Alpine Valley, WI; 09/11/11, 09/12/11, Toronto, Ont; 09/14/11, Ottawa, Ont; 09/15/11, Hamilton, Ont; 07/02/2012, Prague, Czech Republic; 07/04/2012 & 07/05/2012, Berlin, Germany; 07/07/2012, Stockholm, Sweden; 09/30/2012, Missoula, MT; 07/16/2013, London, Ont; 07/19/2013, Chicago, IL; 10/15/2013 & 10/16/2013, Worcester, MA; 10/21/2013 & 10/22/2013, Philadelphia, PA; 10/25/2013, Hartford, CT; 11/29/2013, Portland, OR; 11/30/2013, Spokane, WA; 12/04/2013, Vancouver, BC; 12/06/2013, Seattle, WA; 10/03/2014, St. Louis. MO; 10/22/2014, Denver, CO; 10/26/2015, New York, NY; 04/23/2016, New Orleans, LA; 04/28/2016 & 04/29/2016, Philadelphia, PA; 05/01/2016 & 05/02/2016, New York, NY; 05/08/2016, Ottawa, Ont.; 05/10/2016 & 05/12/2016, Toronto, Ont.; 08/05/2016 & 08/07/2016, Boston, MA; 08/20/2016 & 08/22/2016, Chicago, IL; 07/01/2018, Prague, Czech Republic; 07/03/2018, Krakow, Poland; 07/05/2018, Berlin, Germany; 09/02/2018 & 09/04/2018, Boston, MA; 09/08/2022, Toronto, Ont; 09/11/2022, New York, NY; 09/14/2022, Camden, NJ; 09/02/2023, St. Paul, MN;

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  • mrussel1mrussel1 Posts: 28,600
    JC29856 said:
    Kat said:
    Joy Reid‏ Verified account  @JoyAnnReid . 17 hours ago
    I had a Republican source tell me quite plainly: @BobCorker and other Republicans
    don't care what Americans say. They are "cashing out." That's what this GOP tax bill is about.
    sounds like they know its coming next election
    one good thing: the repeal of the health insurance mandate
    Yes, because a pool of older, sicker Americans is a great financial risk for insurance companies.  
  • BentleyspopBentleyspop Craft Beer Brewery, Colorado Posts: 10,524

    "Republicans will rue the day that they pass this tax bill because it's so unfair to the middle class," Senate Minority Leader Chuck Schumer, D-N.Y., said Tuesday. "It so blows a hole in our deficit, it so threatens Social Security, Medicare and Medicaid. They will rue the day."

    Graphic showing which income groups benefit most from the GOP tax bill 2018 vs 2027
    https://youtu.be/sFbaZkpue0Y
  • CM189191CM189191 Minneapolis via Chicago Posts: 6,786
    “The entire purpose of this is to lower middle class taxes.” — House Speaker Paul D. Ryan (R-Wis.)

    “Primarily, and priority number one, is middle-class Americans.” — White House press secretary Sarah Huckabee Sanders

    “The theme behind this bill is to get middle-class tax relief for most people in the middle class.” — Senate Majority Leader Mitch McConnell (R-Ky.) on Fox News on Tuesday

    While talking about the corporate tax rate being cut from 35 percent to 21 percent, Trump said, “That's probably the biggest factor in our plan.”

    :angry:
    WI 6/27/98 WI 10/8/00 MO 10/11/00 IL 4/23/03 MN 6/26/06 MN 6/27/06 WI 6/30/06 IL 8/5/07 IL 8/21/08 (EV) IL 8/22/08 (EV) IL 8/23/09 IL 8/24/09 IN 5/7/10 IL 6/28/11 (EV) IL 6/29/11 (EV) WI 9/3/11 WI 9/4/11 IL 7/19/13 NE 10/09/14 IL 10/17/14 MN 10/19/14 FL 4/11/16 IL 8/20/16 IL 8/22/16 IL 08/18/18 IL 08/20/18 IT 07/05/2020 AT 07/07/2020
  • cincybearcatcincybearcat Posts: 16,072
    This tax plan was always about the corporate rate 1st and foremost.  And that's not really a bad thing at all.  I'm just pissed it was rushed as I was hoping for actual tax reform....making everything easier...and a tax plan that didn't add so much to the deficit.  

    I'm a big fan of keeping the $ I make and believe there are too many people paying for too many others that aren't.  But I'm confused about how you can pass a tax plan that adds so much $ to the debt...makes no sense to me.  Not in this economy.
    hippiemom = goodness
  • This tax plan was always about the corporate rate 1st and foremost.  And that's not really a bad thing at all.  I'm just pissed it was rushed as I was hoping for actual tax reform....making everything easier...and a tax plan that didn't add so much to the deficit.  

    I'm a big fan of keeping the $ I make and believe there are too many people paying for too many others that aren't.  But I'm confused about how you can pass a tax plan that adds so much $ to the debt...makes no sense to me.  Not in this economy.
    BS has a trickle down theory he’d like to explain to you.
    09/15/1998 & 09/16/1998, Mansfield, MA; 08/29/00 08/30/00, Mansfield, MA; 07/02/03, 07/03/03, Mansfield, MA; 09/28/04, 09/29/04, Boston, MA; 09/22/05, Halifax, NS; 05/24/06, 05/25/06, Boston, MA; 07/22/06, 07/23/06, Gorge, WA; 06/27/2008, Hartford; 06/28/08, 06/30/08, Mansfield; 08/18/2009, O2, London, UK; 10/30/09, 10/31/09, Philadelphia, PA; 05/15/10, Hartford, CT; 05/17/10, Boston, MA; 05/20/10, 05/21/10, NY, NY; 06/22/10, Dublin, IRE; 06/23/10, Northern Ireland; 09/03/11, 09/04/11, Alpine Valley, WI; 09/11/11, 09/12/11, Toronto, Ont; 09/14/11, Ottawa, Ont; 09/15/11, Hamilton, Ont; 07/02/2012, Prague, Czech Republic; 07/04/2012 & 07/05/2012, Berlin, Germany; 07/07/2012, Stockholm, Sweden; 09/30/2012, Missoula, MT; 07/16/2013, London, Ont; 07/19/2013, Chicago, IL; 10/15/2013 & 10/16/2013, Worcester, MA; 10/21/2013 & 10/22/2013, Philadelphia, PA; 10/25/2013, Hartford, CT; 11/29/2013, Portland, OR; 11/30/2013, Spokane, WA; 12/04/2013, Vancouver, BC; 12/06/2013, Seattle, WA; 10/03/2014, St. Louis. MO; 10/22/2014, Denver, CO; 10/26/2015, New York, NY; 04/23/2016, New Orleans, LA; 04/28/2016 & 04/29/2016, Philadelphia, PA; 05/01/2016 & 05/02/2016, New York, NY; 05/08/2016, Ottawa, Ont.; 05/10/2016 & 05/12/2016, Toronto, Ont.; 08/05/2016 & 08/07/2016, Boston, MA; 08/20/2016 & 08/22/2016, Chicago, IL; 07/01/2018, Prague, Czech Republic; 07/03/2018, Krakow, Poland; 07/05/2018, Berlin, Germany; 09/02/2018 & 09/04/2018, Boston, MA; 09/08/2022, Toronto, Ont; 09/11/2022, New York, NY; 09/14/2022, Camden, NJ; 09/02/2023, St. Paul, MN;

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  • unsungunsung I stopped by on March 7 2024. First time in many years, had to update payment info. Hope all is well. Politicians suck. Bye. Posts: 9,487
    Finally winning.
  • mrussel1mrussel1 Posts: 28,600
    unsung said:
    Finally winning.
    Yeah, we're winning and our kids are losing.  Our grandchildren are losing bigly.  What a tremendous day.  
  • unsungunsung I stopped by on March 7 2024. First time in many years, had to update payment info. Hope all is well. Politicians suck. Bye. Posts: 9,487
    Kids have been losing since 1917.  Now it bothers you? 
  • unsung said:
    Kids have been losing since 1917.  Now it bothers you? 
    Tell that to the BOOMERS.
    09/15/1998 & 09/16/1998, Mansfield, MA; 08/29/00 08/30/00, Mansfield, MA; 07/02/03, 07/03/03, Mansfield, MA; 09/28/04, 09/29/04, Boston, MA; 09/22/05, Halifax, NS; 05/24/06, 05/25/06, Boston, MA; 07/22/06, 07/23/06, Gorge, WA; 06/27/2008, Hartford; 06/28/08, 06/30/08, Mansfield; 08/18/2009, O2, London, UK; 10/30/09, 10/31/09, Philadelphia, PA; 05/15/10, Hartford, CT; 05/17/10, Boston, MA; 05/20/10, 05/21/10, NY, NY; 06/22/10, Dublin, IRE; 06/23/10, Northern Ireland; 09/03/11, 09/04/11, Alpine Valley, WI; 09/11/11, 09/12/11, Toronto, Ont; 09/14/11, Ottawa, Ont; 09/15/11, Hamilton, Ont; 07/02/2012, Prague, Czech Republic; 07/04/2012 & 07/05/2012, Berlin, Germany; 07/07/2012, Stockholm, Sweden; 09/30/2012, Missoula, MT; 07/16/2013, London, Ont; 07/19/2013, Chicago, IL; 10/15/2013 & 10/16/2013, Worcester, MA; 10/21/2013 & 10/22/2013, Philadelphia, PA; 10/25/2013, Hartford, CT; 11/29/2013, Portland, OR; 11/30/2013, Spokane, WA; 12/04/2013, Vancouver, BC; 12/06/2013, Seattle, WA; 10/03/2014, St. Louis. MO; 10/22/2014, Denver, CO; 10/26/2015, New York, NY; 04/23/2016, New Orleans, LA; 04/28/2016 & 04/29/2016, Philadelphia, PA; 05/01/2016 & 05/02/2016, New York, NY; 05/08/2016, Ottawa, Ont.; 05/10/2016 & 05/12/2016, Toronto, Ont.; 08/05/2016 & 08/07/2016, Boston, MA; 08/20/2016 & 08/22/2016, Chicago, IL; 07/01/2018, Prague, Czech Republic; 07/03/2018, Krakow, Poland; 07/05/2018, Berlin, Germany; 09/02/2018 & 09/04/2018, Boston, MA; 09/08/2022, Toronto, Ont; 09/11/2022, New York, NY; 09/14/2022, Camden, NJ; 09/02/2023, St. Paul, MN;

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  • rgambsrgambs Posts: 13,576
    unsung said:
    Kids have been losing since 1917.  Now it bothers you? 
    One trick pony lol
    The Fed The Fed The Fed!

    You've got more boogeymen than a Halloween party.
    Monkey Driven, Call this Living?
  • Go BeaversGo Beavers Posts: 8,586
    This tax plan was always about the corporate rate 1st and foremost.  And that's not really a bad thing at all.  I'm just pissed it was rushed as I was hoping for actual tax reform....making everything easier...and a tax plan that didn't add so much to the deficit.  

    I'm a big fan of keeping the $ I make and believe there are too many people paying for too many others that aren't.  But I'm confused about how you can pass a tax plan that adds so much $ to the debt...makes no sense to me.  Not in this economy.
    Is it a problem for you that a lot of people are paying more in taxes than you are?
  • rgambsrgambs Posts: 13,576
    We will be getting a decent tax break in this deal.  
    Yippee.  Not. 

    We will get pennies today while they rob us of dollars tomorrow when they raid our SS and Medicare.
    The money people save in tax cuts will never add up to what they will be losing, and that's not even considering the economic crash that will surely follow.
    Monkey Driven, Call this Living?
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