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Old 11-27-2017, 02:05 PM
 
Location: Portland, Oregon
9,991 posts, read 16,658,941 times
Reputation: 6399

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Quote:
Originally Posted by nicet4 View Post
Good.

Why should someone in California purchasing a $2 million dollar home get a huge write off while someone like me could purchase the exact same home in Flyoverville for $150k only to end up with a much, much smaller write off insuring I would be paying higher taxes?

Can you explain to me where the fairness you speak of so often is in this scenario?

Because that is where high paying jobs are and where housing is scarce. Haven't Republicans ever heard of supply and demand? Such a 'leftist' theory.

I wish I could find a sound house for $150K in the cities on the west coast. They can be found in timber communities where, like in flyover country, jobs have evaporated.

There were times when flyover-ville had good paying jobs but the industries they depended on are shells of their former selves: Alcoa, US Steel and the like. There are some west coast producers who are closing WWII facilities that are now sitting on valuable real estate and increasing production in MS, KY and OH but they are speciality producers and not likely able to offer the number of jobs lost by the big boys. Fair, not by a long shot, but in a capitalist country that is what happens.

Last edited by Nell Plotts; 11-27-2017 at 02:25 PM..
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Old 11-27-2017, 02:12 PM
 
Location: Little Rock, AR
2,979 posts, read 920,099 times
Reputation: 1852
Quote:
Originally Posted by BajanYankee View Post
You guys are completely contradicting yourselves. First, you guys were saying that Democrats have never supported cutting taxes and always want to raise taxes. Now you're saying that Democrats were for corporate tax cuts all along until the GOP presented this tax plan in 2017.

Which is it? Democrats are either tax and spend liberals or they're not. Can't be both.
This was years ago, before they went off the deep end
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Old 11-27-2017, 02:36 PM
 
Location: Crooklyn, New York
28,252 posts, read 26,226,229 times
Reputation: 11706
Quote:
Originally Posted by ColoradoOnMyMind View Post
This was years ago, before they went off the deep end
Sorry, you'll have to refresh our recollections. When were Democrats crazy about tax cuts for corporations?

Is this part of the same alternate history where Republicans were for unions, against free trade and fighting offshoring like crazy?
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Old 11-27-2017, 02:50 PM
 
Location: Houston
5,412 posts, read 2,739,414 times
Reputation: 3362
I'm looking forward to seeing voters focus the wrath they will be feeling towards Trump and the GOP when things like this tax plan, net neutrality, etc. come to fruition next year during the midterms. I'm just thankful that most of this stuff will be reversed and/or discarded entirely by the new Democratic President/Congress in 2021. Fun times ahead!
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Old 11-27-2017, 02:58 PM
 
Location: Crooklyn, New York
28,252 posts, read 26,226,229 times
Reputation: 11706
Quote:
Originally Posted by ColoradoOnMyMind View Post
What's funny is many Dems were all for corporate tax cuts years ago, now they say it will cause the sky to fall. Jokers
When were the Democrats all for these corporate tax cuts again? Still waiting for a response. You went ghost on us.
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Old 11-27-2017, 03:05 PM
 
Location: Long Island, NY
19,717 posts, read 11,557,895 times
Reputation: 5611
Quote:
Originally Posted by DRob4JC View Post
I haven't followed this specific tax plan... but have a few comments on the OP.

1- People are not enriched by tax policy allowing them to keep more of their money. They are rich already.

2- Are spending cuts mentioned? When do we address this?

3- Because of the progressive tax system, you can't solely benefit the middle class without benefiting the upper class.

4- The top 20% of wage earners pay 95% of the taxes. How do the rich NOT benefit from tax reform when they are the ones paying the taxes?

Where is a good (hopefully non-partisan) write-up of the current plan?
Obama somehow was able to get tax cuts for the middle class while raising them on the rich.
One doesn’t put spending cuts in a tax bill.
Number 4 is dishonest . Writing a tax bill that in which most of the benefits go to the top enrich the rich.
The cob is the non partisan group.
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Old 11-27-2017, 03:21 PM
 
Location: Crooklyn, New York
28,252 posts, read 26,226,229 times
Reputation: 11706
Quote:
Originally Posted by MTAtech View Post
Obama somehow was able to get tax cuts for the middle class while raising them on the rich.
I don't know where this idea comes from that you can't cut taxes for the middle class without also cutting taxes for the rich. Hannity? Why does it defy the laws of physics to reduce tax rates on income between, say, $32,000 and $150,000 and raise rates on income between $500,000 and $1,000,000? Or lower rates in lower income brackets and raise the capital gains tax rate. There's no scientific law preventing Congress from not lowering taxes for rich people.
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Old 11-27-2017, 03:24 PM
 
Location: LEAVING CD
22,952 posts, read 22,528,268 times
Reputation: 15493
Quote:
Originally Posted by evilcart View Post
easy, because most people can see that THEY are getting scraps while corps and the rich are getting the main course.

the vast majority of americans get little , nothing or lose under this this tax plan. The top few percent get trillions. YES TRillions over the next 10 years. while the rest of us will make up the short falls.


NOTICE how Rs posting here avoid the data because it crushes their fake news that this tax plan helps anyone but the wealthy.

don't get sick don't retire under this new tax plan because if you do you it will cost you dearly.
Which version?
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Old 11-27-2017, 03:28 PM
 
Location: Boston
7,811 posts, read 2,272,799 times
Reputation: 5561
poor people don't pay taxes, how could any tax cut help them?
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Old 11-27-2017, 03:30 PM
 
Location: LEAVING CD
22,952 posts, read 22,528,268 times
Reputation: 15493
Quote:
Originally Posted by skeddy View Post
poor people don't pay taxes, how could any tax cut help them?
Higher EIC...
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