Tax Reform

145791038

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  • josevolution
    josevolution Posts: 31,642

    House Republicans Pass Tax Bill

    No one seemed to care that the bill isn’t particularly popular.

    https://www.huffingtonpost.com/entry/house-passes-tax-reform_us_5a0dd657e4b0c0b2f2f8afe9?ncid=inblnkushpmg00000009
    that's just one of the things the GOP don't care about they stand behind child molesters a president who is also a sexual predator ...
    jesus greets me looks just like me ....
  • Has anyone asked Trump what’s in the bill? I’ll bet he can’t articulate and explain three major features of either the senate or house bill.
    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; 05/04/2024 & 05/06/2024, Vancouver, BC; 05/10/2024, Portland, OR;

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  • jeffbr
    jeffbr Seattle Posts: 7,177
    Has anyone asked Trump what’s in the bill? I’ll bet he can’t articulate and explain three major features of either the senate or house bill.
    The only way he'd be able to name 3 features would be if those features directly benefited him personally and he lobbied for them. I don't think there should be any tax reform legislation passed until Trump releases his returns so we can see how the reforms would directly affect him.
    "I'll use the magic word - let's just shut the fuck up, please." EV, 04/13/08
  • Bentleyspop
    Bentleyspop Craft Beer Brewery, Colorado Posts: 11,422
  • stuckinline
    stuckinline Posts: 3,406
    Ok, so junior may not be able to afford college, but companies that manage private jets will get a tax break. Got it.

    The latest version of the Senate Republican tax reform bill includes a break for companies that manage private jets.

    A measure in the Tax Cuts and Jobs Act would lower taxes on some of the payments made by owners of private aircraft to management companies that help maintain, store and staff those planes for owners.

    The language would exempt owners or leasers of private aircraft from paying taxes on certain costs related to the upkeep and maintenance of the jets, according to a description from the Joint Committee on Taxation.

    "Applicable services include support activities related to the aircraft itself, such as its storage, maintenance, and fueling, and those related to its operation, such as the hiring and training of pilots and crew, as well as administrative services such as scheduling, flight planning, weather forecasting, obtaining insurance, and establishing and complying with safety standards," it says.

    The measure is attracting attention following recent controversies involving Cabinet officials' use of private jets.

    Former Health and Human Services Secretary Tom Price resigned in September after it was discovered he spent more than $1 million on private and military flights at taxpayer expense.

    A recent probe by the inspector general for the Department of the Interior also found that Interior Secretary Ryan Zinke did not properly document his own privately chartered flights across the country, and that it is unclear whether his wife paid for her travel on the agency's flights.


  • josevolution
    josevolution Posts: 31,642
    I wanna hear the response from all the idiots who voted for the bafoon that will be affected by this brilliant huge tax break ...
    jesus greets me looks just like me ....
  • What’s the unemployment rate again? How many unfilled jobs are there? What happened to the T-party deficit hawks? Party without a soul.

    4 Republican Senators in Private Talks That Could Kill Current Tax Reform Bill - TIME https://apple.news/AtZyNrKM5SO-9sAV7ctndtg
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  • tbergs
    tbergs Posts: 10,410
    What’s the unemployment rate again? How many unfilled jobs are there? What happened to the T-party deficit hawks? Party without a soul.

    4 Republican Senators in Private Talks That Could Kill Current Tax Reform Bill - TIME https://apple.news/AtZyNrKM5SO-9sAV7ctndtg
    I guess it isn't this anymore

    Trump repeatedly claimed during the campaign that the federal government was understating the real unemployment rate.

    "Don't believe these phony numbers," Trump told supporters early last year. "The number is probably 28, 29, as high as 35 [percent]. In fact, I even heard recently 42 percent."

    Trump's nominee for treasury secretary, Steven Mnuchin, echoed that sentiment during his confirmation hearing.

    "The unemployment rate is not real," Mnuchin told the Senate Finance Committee. "I've traveled for the last year. I've seen this."
    It's a hopeless situation...
  • mrussel1
    mrussel1 Posts: 30,882
    What’s the unemployment rate again? How many unfilled jobs are there? What happened to the T-party deficit hawks? Party without a soul.

    4 Republican Senators in Private Talks That Could Kill Current Tax Reform Bill - TIME https://apple.news/AtZyNrKM5SO-9sAV7ctndtg
    This is my argument.  There are 6MM unfilled jobs in this country, mostly because we can't find qualified workers.  The whole concept that this will create jobs is ludicrous.  The second argument that employers will increase wages is ludicrous as well.  Those people have never worked in a big org or are intentionally lying.  Yes, end of year bonuses or merit may fatten up by a couple of basis points, but the vast majority will go to shareholders or PE owners.  That core mentality is completely ingrained in the business community.  $ goes up, not down.  
  • Halifax2TheMax
    Halifax2TheMax Posts: 42,262
    edited November 2017
    mrussel1 said:
    What’s the unemployment rate again? How many unfilled jobs are there? What happened to the T-party deficit hawks? Party without a soul.

    4 Republican Senators in Private Talks That Could Kill Current Tax Reform Bill - TIME https://apple.news/AtZyNrKM5SO-9sAV7ctndtg
    This is my argument.  There are 6MM unfilled jobs in this country, mostly because we can't find qualified workers.  The whole concept that this will create jobs is ludicrous.  The second argument that employers will increase wages is ludicrous as well.  Those people have never worked in a big org or are intentionally lying.  Yes, end of year bonuses or merit may fatten up by a couple of basis points, but the vast majority will go to shareholders or PE owners.  That core mentality is completely ingrained in the business community.  $ goes up, not down.  
    And the middle class gets it up the ass again. Anyone with kids approaching college age should be very concerned. What they want to do to higher education is criminal.

    A party without a soul.
    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; 05/04/2024 & 05/06/2024, Vancouver, BC; 05/10/2024, Portland, OR;

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  • rgambs
    rgambs Posts: 13,576
    Eliminating the mandate is the only sliver of hope in this tax bill for me personally.
    Our insurance this year is going to be 750$ a month for a 13,000$ deductible. 
    If I can opt out, I will.  
    Monkey Driven, Call this Living?
  • Go Beavers
    Go Beavers Posts: 9,561
    Getting rid of the mandate will drive healthcare costs up even more. People will opt out until they’re sick, and then opt in. 
  • Getting rid of the mandate will drive healthcare costs up even more. People will opt out until they’re sick, and then opt in. 
    Yup, people will be taking their $1,500 tax cut and getting a $2,000 health care increase.
  • Go Beavers
    Go Beavers Posts: 9,561
    Maybe in the future we’ll be able to drive without insurance and then buy a policy after we get in an accident. 
  • stuckinline
    stuckinline Posts: 3,406
    Getting rid of the mandate will drive healthcare costs up even more. People will opt out until they’re sick, and then opt in. 
    This whole healthcare mess is a big f-up. 
  • rgambs
    rgambs Posts: 13,576
    I understand all that in principle, but the mandate had zero effect on lowering or even stabilizing the rapidly increasing costs.
    It grew exponentially before the mandate, it grew exponentially after the mandate, and it will continue to do so whether the mandate stays or goes.
    Monkey Driven, Call this Living?
  • Go Beavers
    Go Beavers Posts: 9,561
    rgambs said:
    I understand all that in principle, but the mandate had zero effect on lowering or even stabilizing the rapidly increasing costs.
    It grew exponentially before the mandate, it grew exponentially after the mandate, and it will continue to do so whether the mandate stays or goes.
    I know. The mandate does nothing to control costs. I’m just saying costs should go up without it two fold: fewer people are paying money to insurance companies, and they end up paying more out. I suppose the companies will work toward being able to bounce people with pre-existing conditions, which I think is one of the criteria for making us great again. 
  • rgambs
    rgambs Posts: 13,576
    Why can't we just do the only thing that makes sense and implement single payer. :anguished:
    Monkey Driven, Call this Living?
  • Go Beavers
    Go Beavers Posts: 9,561
    rgambs said:
    Why can't we just do the only thing that makes sense and implement single payer. :anguished:
    We’re getting close to the tipping point and consensus as far as the public is concerned. The next level of resistance will be from all the people who have been making big cash and riding the gravy train for a long time. 
  • tbergs
    tbergs Posts: 10,410
    rgambs said:
    Why can't we just do the only thing that makes sense and implement single payer. :anguished:
    We’re getting close to the tipping point and consensus as far as the public is concerned. The next level of resistance will be from all the people who have been making big cash and riding the gravy train for a long time. 
    You mean like the current WH?
    It's a hopeless situation...