Another big tax cut ?

https://www.businessinsider.com/trump-tax-cut-capital-gains-inflation-index-plan-2018-7

 

Trump and Ryan are discussing another big tax cut for the oppressed investor class.    Its not good enough that capital gains are already taxed less than paychecks.   The investor class needs even more money back.   Good thing Trump is looking out for the little guy.

 

There is no discussion of reconciling the bill in budget.     I'm sure the budget hawks in the GOP will object.

Things are always being discussed. Discussing is one thing - enacting is another. I prefer to wait til the FACTS are made apparent beford condemning anyone. In other words, more liberal bull from a liberal .

Tax cuts here again at targeted towards the rich we need a tax cut that will help the average American citizen 100%. We live in an America that the rich get richer and the poor get porrer.

"we need a tax cut that will help the average American citizen 100%."

 

46% don't pay taxes, kind of hard to give them a tax cut.


Pardon me!   Please go back and discuss the enacted policies of Alexandria Ocasio-Cortez

Originally posted by: tom

"we need a tax cut that will help the average American citizen 100%."

 

46% don't pay taxes, kind of hard to give them a tax cut.


Tom that's very insincere of you. If you recall, we just had a long discussion on how all Americans pay payroll taxes, gasoline taxes, sales taxes, state income taxes, local income taxes, property taxes if they own home and on and on. These taxes keep going up while federal income taxes and corporate taxes keep going down.

Originally posted by: Mark

Tom that's very insincere of you. If you recall, we just had a long discussion on how all Americans pay payroll taxes, gasoline taxes, sales taxes, state income taxes, local income taxes, property taxes if they own home and on and on. These taxes keep going up while federal income taxes and corporate taxes keep going down.


What is insincere is your attempt to show that paying other taxes negates the fact that 46% don't pay income taxes. Taxes that aren't being charged or collected can not be reduced. Period.

There’s Nothing insincere about it.   In the context of record income disparity republicans believe we should increase taxes on the impoverished and cut taxes for billionaires.   

Originally posted by: PJ Stroh

There’s Nothing insincere about it.   In the context of record income disparity republicans believe we should increase taxes on the impoverished and cut taxes for billionaires.   


Øbama's first executive order was to raise federal taxes on a pack of cigarettes by 62 cents a pack. THAT was a direct tax increase on impoverished people.

 

What income taxes do republicans want to raise on impoverished, or low income people?

If the Democrats are so concerned about taxes why are 9 of the 10 highest taxed states democratic?

 

And due to their pension liabilities on the verge of bankruptcy?

 

if you do business with Illinois you may have to wait a year to get paid. 

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