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You forget that with even less Federal dollars coming back local real estate taxes will be going up. Thanks again GOP.
With less Federal tax dollars coming back State taxes will be going up.
States and counties have to pay their bills. With lower Federal tax dollars you will see a rise in their taxes.
Thanks again GOP
The tax cuts will result in increased Federal revenue. It always works that way. Why, you ask? Simple. More jobs equals more taxpayers paying taxes. More businesses increasing profits, means more corporate taxes despite lowering the tax rate. The U.S. will now be competitive with our foreign competition, meaning jobs won't be lost to foreign countries.
I could never understand why Democrats can't understand that, even when we have historical evidence that it works.
Raising taxes does not improve the economy. It stifles it. That was the mistake Obama made. There was no "recovery," unless you call < 3% growth a "recovery."
I think it depends on how they voted. Some of the blue state republicans voted no on the tax bill. I think in general, they will have a rough time. A lot of Trump voters in blue states are getting screwed and seem rather nonplussed about how that could possibly happen.
I don't think it's going to matter how they voted themselves. It's their party that targeted blue states. In fact, the larger cities in Texas (also blue) will be penalized as well, since property taxes are so high, with as much as 20% exceeding the $10K annually put in the GOP tax bill.
We'll see if they do - California, New York and New Jersey will be hit the hardest by the GOP Tax Plan and between the three states, they have 28 Republicans that may be kicked to the curb because of this. Add Illinois, that's another 7, Virginia another 7, it starts adding up. Their party literally voted to use the tax plan to target blue states and colleges.
We'll see if they do - California, New York and New Jersey will be hit the hardest by the GOP Tax Plan and between the three states, they have 28 Republicans that may be kicked to the curb because of this. Add Illinois, that's another 7, Virginia another 7, it starts adding up. Their party literally voted to use the tax plan to target blue states and colleges.
Seems to me those states have been passing the tax burden to other states.
We all play by the same rules. Maybe they will take a look at how they tax on the state level.
zero, once they see how much money they be saving, the Republican will properly pick up seats
If so, that would certainly be unusual. The party holding the White House has lost seats in 20 of the 22 mid-term elections since 1934. The more likely question is whether the R’s lose a few seats but retain control, or are buried under a D wave.
What does a blue state Republican do when their party just created a one party tax plan designed to target blue states and colleges? Do they tell the blue state "Sorry, but re-elect me so I can make it even worse"?
Really looking forward to seeing Republicans in blue states trying to run for re-election after this.
MY representative from Congress voted against Trump's plan despite being Republican. So did many others in NJ and other typically blue states because it hurts us, and they aren't too stupid OR too partisan to see through that.
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Quote:
Originally Posted by nononsenseguy
The tax cuts will result in increased Federal revenue. It always works that way. Why, you ask? Simple. More jobs equals more taxpayers paying taxes. More businesses increasing profits, means more corporate taxes despite lowering the tax rate. The U.S. will now be competitive with our foreign competition, meaning jobs won't be lost to foreign countries.
I could never understand why Democrats can't understand that, even when we have historical evidence that it works.
Raising taxes does not improve the economy. It stifles it. That was the mistake Obama made. There was no "recovery," unless you call < 3% growth a "recovery."
If the Laffer Curve is correct, then why did the Gipper have to raise taxes multiple times?
I would ask you, how many seats have the Democrats lost since Obamacare was passed, a "one party health insurance plan," that was a total failure, and one that no one could afford?
People aren't going to vote against there increased income. The economy is booming. Why would they want to go back to Obama's policies? The Democrats voted against their own constituents best interests.
The bill is unpopular, this is a terrible legislation as anyone can see. This is going to be a hit for republicans explaining this next November.
We'll see if they do - California, New York and New Jersey will be hit the hardest by the GOP Tax Plan and between the three states, they have 28 Republicans that may be kicked to the curb because of this. Add Illinois, that's another 7, Virginia another 7, it starts adding up. Their party literally voted to use the tax plan to target blue states and colleges.
A Republican in a Blue state is likely in a fairly safe district (unless his district gets diddled around, but that's not for a few more years) so it may not have any impact.
Using Andy Harris in Maryland, he won't be replaced by a Democrat.
MY representative from Congress voted against Trump's plan despite being Republican. So did many others in NJ and other typically blue states because it hurts us, and they aren't too stupid OR too partisan to see through that.
But their party - the Republican Party - passed it. If they had elected a Democratic representative, that Democrat could have stopped it. That is KEY. It doesn't matter if the Blue state Republican voted against the tax bill, the Republican majorities in all three branches resulted in the targeting of blue states and colleges. Re-electing those Republicans only allows them to continue targeting blue states.
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