Trump wants 15% corporate tax rate even if it means massive debt (elect, retirements)
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Lets stick to reality instead of fantasy. You know thats not happening. So answer this question. You OK with this?
I am OK with anything that starves the government of funding. The government is operating outside its scope and needs to be reigned in. If it ain't enumerated in the Constitution, it should be cut.
Go ahead, Democrat politicians. Tell your voters you are against them getting a big fat refund or having not learned anything at all from the 2016 election that jobs were the Number 1 issue. And Republicans on Capitol Hill, you better not bleep this up.
What big fat refund???? As far as I can tell eliminating all deductions except for mortgage interest and charitable deductions won't help most of the people who currently itemize. Or maybe you are privy to information that no one else knows about?
Trump is showing his true colors by favoring the constituent groups he really cares about - the extremely wealthy class and business. He could care less for all the little people that voted for him. They will soon lose their healthcare, breathe polluted air, drink bad water, and end up getting the short end on these tax breaks.
It looks like we're going to get Trickle Down II - the Revenge of Reagan! I can just hear the Republicans screaming in a couple of years that they have to cut social programs (Social Security, Medicare, and Medicaid) ...after their big military spending buildup and their corporate tax cut, because there isn't any money left!
How about we cut the military budget to where it is equal to the next three highest military budgets of other countries, instead of the top 17? We'd have enough left over to do single payer health care.
Also that 35% corporate tax rate is a joke! With all of the loopholes, the average is about half of that rate! How do you think companies like GE end up paying 0%? I hear a lot about dropping the rate ...but closing all of those loopholes you could drive a truck through ...not so much!
That right there is their endgame.
It's exactly why Kansas and other states are starving public education, etc.
They are creating the failures so that they can then argue for closures, more cuts due to lack of performance and the rest.
They don't care about deficits or debt. What they do care about is making sure that all available monies stay in the hands of the top .5%
It's all a big circle-jerk to reward their cronies over and over and over again.
I am OK with anything that starves the government of funding. The government is operating outside its scope and needs to be reigned in. If it ain't enumerated in the Constitution, it should be cut.
so you hate our Military.? You just said you are in favor of starving the gov, thus you hate the military, education, roads and bridges. good for you at least you are being honest and telling us how you hate America.
Right now, it's a $2500 tax credit/year for years 1 through 4 of college.
This means some lower income people will no longer be able to afford college. Students will have larger college loans to cover the $2500/year extra they will have to pay for each year of college.
It's exactly why Kansas and other states are starving public education, etc.
They are creating the failures so that they can then argue for closures, more cuts due to lack of performance and the rest.
They don't care about deficits or debt. What they do care about is making sure that all available monies stay in the hands of the top .5%
It's all a big circle-jerk to reward their cronies over and over and over again.
you are exactly correct.
And the thing is , it actually works, but only when they have democrats running at least one branch. The problems the Republicans have is that the have the majority in all branches .
The republicans now have no cover for depriving their own voters. They purposely block funding, they purposely degrade services, redirect social safety net monies away from the poor ...
but now how do they blame the dems if the school has no money and so on...
Trump's tax page, is just more proof of the gross incompetence of the entire republican team. Ryan and trump clearly did not even collaborate on the tax cut, nobody in gov believes it has a snowballs chance of passing and nobody believes it is a serious attempt at tax reform.
removing "death" tax rewards only those with large estates in the tens of millions of dollars.
Removing AMT (alt min tax) rewards only those with high incomes and clever accountants
reducing "pass through" rewards LARGE business owners and the wealthy. (drops their tax from 39% to 15%)
Reducing capital gains taxes, reducing corp taxes....
It is a bonanza for those with high net worth and a large amount of investments. the entire Tax page is aimed at Reducing taxes on passive incomes, high net worth investors etc.
This tax "idea" is a massive middle finger to middle america.
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