Open letter from 137 Economists on Tax Reform Bill MERGED (Schumer, market, country)

[L8Gr8Apost8]

Originally Posted by Toyman at Jewel Lake

Attached are two tax plan calculators, one (top) based on the Republican tax plan-the other based on current tax law. Become educated-don't just paste liberal talking points. Take the 2 minutes and run your own numbers.

https://www.calcxml.com/calculators/...orm-calculator

https://www.moneyhelpcenter.com/taxe...ax-calculator/

Based on these, do you pay more or less, and how much?

When was that first calculator published? I think it's out of date.

[moneill]

Originally Posted by Toyman at Jewel Lake

The truth isn't exactly something the left, especially those in media, are known for.

As The White House announced yesterday that it doesn't matter if the President retweets fake videos.

[michiganmoon]

If this is accurate...


Current Plan $17,078
Trump's Plan $13,150

Our Savings $3,928

[ahzzie]

Originally Posted by Frank DeForrest

Its the price we pay for living in a civilized society (so we're told), now all the sudden you got a problem with them?

But we were told they were going down. You're saying they aren't going down???

[okcthunder1945]

Originally Posted by workingclasshero

the millennials are bigger than the boomers

Correct, but millennials aren't about to be receiving SSN and Medicare causing govt spending to increase.

[Mathguy]

I go from about 17k in tax to about 12k in tax. (I'm widowed, file head of household)

My home is paid off so I don't itemize anymore which is likely the biggie.

I don't know if I support this, just laying out the facts.

[moneill]

Yeah this is the plan from a month ago.Anybody got updates as to the changes being made tonight and where's the calculator for that.

[odanny]

Originally Posted by G1..

.....thanks to trump and the GOP.Are you happy ?

Yes or No.

You should have made it a public poll. I want to see the usual suspects who said yes.

[workingclasshero]

Originally Posted by okcthunder1945

Correct, but millennials aren't about to be receiving SSN and Medicare causing govt spending to increase.

but the boomers are putting off retiring


and as the boomers retire... about 9000k per day

.........................there are about 14,000 18-21 yr olds per day ENTERING the workforce to pay for the boomers retiring.....in the end...the SS/MC pot should be growing

[okcthunder1945]

Originally Posted by Wapasha

Show me the Medicare and SS cuts in this tax bill.

They are worried it will be part of the mandatory spending cuts triggered to make this revenue neutral.

https://www.cnbc.com/2017/11/30/aarp...troubling.html

AARP cited the Congressional Budget Office's finding that the bill would trigger automatic funding cuts of $136 billion next year, $25 billion of which would be from Medicare, unless Congress separately took action to prevent that.