U.S. Senate passes Tax Reform Bill 51-49 (Corporate Profits, dollars, examples)

[BentBow]

If you don't want lower taxes, you can always donate to your favorite charity, to be back where you were.

[Quick Enough]

Originally Posted by Finn_Jarber

While Americans opposed it......

PLEASE ONLY speak for your self.

NO ONE gave the right to speak for me or millions of other Americans mo matter how influential you THINK you are!

[InformedConsent]

Originally Posted by Quick Enough

Pew is as biased as the day is long.

look at their methodology.

522 repubs polled
769 Dem/ind polled

So... WHY would a Dem-biased pollster report that Western European countries' middle class have a lower standard of living than the US middle class? How does that benefit the Dems, who are arguing for Euro-style social program benefits?

[Goodnight]

Originally Posted by InformedConsent

You are correct, but you're wasting your time. Most who would read what you've posted and object to it are financially illiterate and have a dearth of knowledge about economics.

Yes only those who believe in supply side economics are financially literate, we have so many great success stories in our history.

[InformedConsent]

Originally Posted by Goodnight

If you saw Trump's disclosure he owns hundreds of LLC's that will now get additional preferential tax treatment, particularly real estate. We don't exactly know he claims since we have not seen his taxes but he will benefit greatly. SALT is just one aspect and was previously limited through the AMT for those with large deductions, that is not the case on business holdings to any degree.

That will only help Trump if he personally has no income. Can you find any evidence that such is true?

[Quick Enough]

Originally Posted by Finn_Jarber

What is your opinion based on? Let me guess, you talked to your neighbor and brother-in-law, and they told you how most Americans feel.....yes?

"What is your opinion based on?"

Certainly NOT of polls PROVEN to be biased.

"Let me guess,"

You shouldn't.

I deal in FACTS not guesses.

[InformedConsent]

Originally Posted by cjseliga

If it makes anyone feel better, once the Dems have the "holy trinity", the presidency and a majority in the House and Senate, they can just pass their own bill and raise the corporate tax back to where it was or even higher and raise taxes on the rich!

Oh, please. Pelosi, Reid, and Obama couldn't even pass a bill adding LGBT as a protected class under the Federal Civil Rights Act.

[Quick Enough]

Originally Posted by InformedConsent

I'm not opposed to taxation. Just make it a flat tax rate. That eliminates the problem the economist noted in my post.

"Just make it a flat tax rate."

I prefer a national sales tax ONLY.

That way when drug dealers and crooks buy things the will START to pay taxes.

A flat tax only applies to those that FILE tax returns.

[Tonyafd]

Yes "tax reform" is passed.
Write your Congressional representative for your free tube of K-Y jelly so that you are ready for the cuts to Medicare and adjustments to the Social Security retirement age.

[rburnett]

Originally Posted by Quick Enough

History has shown that when taxes are DECREASED, revenues to the fed INCREASE and the deficit and debt go DOWN.

Can you provide any data on that?

The left always points to the Clinton presidency as an example of a tax increase and resulting in deficit reduction and surplus creation: The Budget and Deficit Under Clinton - FactCheck.org

I haven't seen any plans for a spending reduction from the republicans and there doesn't seem to be any consensus on weather this tax cut will truly be offset by economic growth. In fact, Trump has pushed for an increase in military spending. https://www.reuters.com/article/us-u...-idUSKCN1BT2PV