Tax Reform

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  • JC29856
    JC29856 Posts: 9,617
    edited December 2017
    Halifax2TheMax said:
    JC29856 said:
    Halifax2TheMax 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!
  • Halifax2TheMax
    Halifax2TheMax Posts: 43,311
    JC29856 said:
    Halifax2TheMax said:
    JC29856 said:
    Halifax2TheMax 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?
    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; 05/03/2025, New Orleans, LA;

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  • JC29856
    JC29856 Posts: 9,617
    Check your paychecks and pay vouchers in 2 months! We all better off when we all better off! 
  • Go Beavers
    Go Beavers Posts: 9,689
    JC29856 said:
    Check your paychecks and pay vouchers in 2 months! We all better off when we all better off! 
    Free stuff!!
  • Kev - Coat and Keys
    Kev - Coat and Keys Earth Posts: 357
    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.
  • mcgruff10
    mcgruff10 New Jersey Posts: 29,237
    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......
  • brianlux
    brianlux Moving through All Kinds of Terrain. Posts: 43,813
    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
    "It's a sad and beautiful world"
    -Roberto Benigni

  • bootlegger10
    bootlegger10 Posts: 16,301

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

  • brianlux
    brianlux Moving through All Kinds of Terrain. Posts: 43,813
    The year 2018 is going to be interesting.   But aren't they all these days?
    "It's a sad and beautiful world"
    -Roberto Benigni

  • Thirty Bills Unpaid
    Thirty Bills Unpaid Posts: 16,881
    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!"
  • JC29856
    JC29856 Posts: 9,617
    Vote
    https://www.nytimes.com/interactive/2017/12/19/us/politics/tax-bill-senate-live-vote.html
    (notice a vote from someone that "resigned" 2 weeks ago!)

    Analysis
    http://www.taxpolicycenter.org/feature/analysis-tax-cuts-and-jobs-act




  • MayDay10
    MayDay10 Posts: 11,900
    cant wait to hand my 'windfall' of $30 a week straight to Spectrum Cable.
  • mrussel1
    mrussel1 Posts: 31,020
    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.  
  • tbergs
    tbergs Posts: 10,513
    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...
  • JC29856
    JC29856 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!
  • Kat
    Kat Posts: 4,987
    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
  • JC29856
    JC29856 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
  • Halifax2TheMax
    Halifax2TheMax Posts: 43,311

    "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; 05/04/2024 & 05/06/2024, Vancouver, BC; 05/10/2024, Portland, OR; 05/03/2025, New Orleans, LA;

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  • mrussel1
    mrussel1 Posts: 31,020
    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.  
  • Bentleyspop
    Bentleyspop Craft Beer Brewery, Colorado Posts: 11,673
    Halifax2TheMax said:

    "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

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