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TAX REFORM
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BigMark Offline
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Post: #15
RE: TAX REFORM

Oy vey, Bernie in my pocket Sanders.





11-25-2017 05:50 PM
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HairOfTheDog Offline
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Post: #16
RE: TAX REFORM

(11-25-2017 05:50 PM)BigMark Wrote:  Oy vey, Bernie in my pocket Sanders.

You named your pocket penis stimulator 'Bernie Sanders'?

[Image: tenor.gif?itemid=5175846]

Let's be clear.........that's ratha funny. But, it's weirder than the weirdest 1% man.





11-25-2017 07:56 PM
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Maggot Offline
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Post: #17
RE: TAX REFORM

I've been looking at a yearly budget from Washington and cannot find anything except for this:

Budget

I'm hoping it passes






11-25-2017 08:37 PM
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HairOfTheDog Offline
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Post: #18
RE: TAX REFORM

I thought you were very strongly against debt increase and deficit spending Mags.

Seems a lot of Republicans who raged against it in the past are now supporting it too, essentially claiming trickle down economics will spur enough growth to make up for it. That doesn't seem realistic to me based on history and the lack of specific details/evidence to support that claim.

But, there are still enough deficit hawks in Congress to make it unclear whether the current tax reform and budget proposals can be passed before Christmas. I hope the current proposals fail.

From what I can tell.........they don't help everyone, put seniors and low-income earners in a worse place after a few years, and they benefit the extremely wealthy much more than others.

The Senate Budget Committee is set to vote on the Republican tax plan this afternoon, ahead of a floor vote this week. If they pass it, they'll need to reconcile the differences in the House plan to come up with a consolidated bill for vote.

The nonpartisan Congressional Budget Office (CBO) has projected that the GOP tax plan would increase the federal deficit by more than $1.4 trillion over the next decade and that it would hurt low-to-middle-income people and benefit the wealthy. https://www.cbsnews.com/news/senate-budg...-tax-plan/





11-28-2017 11:52 AM
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Duchess Away
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Post: #19
RE: TAX REFORM

(11-28-2017 11:52 AM)HairOfTheDog Wrote:  Seems a lot of Republicans who raged against it in the past are now supporting it too


Oh look, there's that pesky hypocrisy again.






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11-28-2017 12:55 PM
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Maggot Offline
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Post: #20
RE: TAX REFORM

(11-28-2017 11:52 AM)HairOfTheDog Wrote:  I thought you were very strongly against debt increase and deficit spending Mags.

I am and very much so, though 1 trillion is not something to spill on the floor 19 trillion is mopworthy. This tax bill still has a ways to go with more pork flying than a pig in a blender but as in anything sacrifices need to be made.

LINK

I believe tax reform is brutally needed and much of the talk about the bottom line on tax reform comes from the hate trump crowd. but i do admit I have not read the entire thing because its really not ready to read yet, it's unfinished as of today. So unless you have a crystal ball its all up in the air.

I hope the Obamacare tax gets shelved but that may be asking to much from the bleeding hearts.






11-28-2017 12:55 PM
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HairOfTheDog Offline
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Post: #21
RE: TAX REFORM

I'm definitely a bleeding heart when it comes to health care accessibility and affordability at this point- especially in regards to seniors, vets, children, and people with pre-existing conditions.

And, I'm willing to pay the mandate tax to help keep the subsidies and Medicare/Medicaid funding in place.

Although I'd rather there be a single-payer public health care option (which would mean higher taxes), along with a private option for those who prefer it, that's not on the table now.





11-28-2017 01:29 PM
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pyropappy Offline
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Post: #22
RE: TAX REFORM

(11-28-2017 01:29 PM)HairOfTheDog Wrote:  I'm definitely a bleeding heart...

Lao Tzu wrote in Tao Te Ching: “Knowing others is intelligence; knowing yourself is true wisdom. Mastering others is strength;
mastering yourself is true power.”





11-28-2017 01:50 PM
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Maggot Offline
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Post: #23
RE: TAX REFORM

(11-28-2017 01:29 PM)HairOfTheDog Wrote:  I'm definitely a bleeding heart when it comes to health care accessibility and affordability at this point- especially when it comes to seniors, vets, children, and people with pre-existing conditions.

And, I'm willing to pay the mandate tax to help keep the subsidies and Medicare/Medicaid funding in place.

Although I'd rather there be a single-payer public health care option (which would mean higher taxes), along with a private option for those who prefer it, that's not on the table now.

Before Obamacare health care prices were climbing, seniors had medicare children in poverty stricken families had welfare and healthy kids insurance, vets had vet clinics(if they weren't so fucked up like they were) Nobody was refused health care at emergency rooms. Obama care came along when health insurance was climbing up to 170-180.00 per week for an employee based insurance. A minority did not have health insurance but could still get care through various programs available.
obama care just made it easier and cheaper by transferring the actual cost and real prices back to anyone that was working.
I don't like paying more taxes but I know its inevitable. Taking a gamble and rolling the dice with a tax that became a burden through taxable income and avoiding the reality of the law can today be compared to the current tax laws being voted on now.

I do not and never have thought the "tax" was "good" for very much except raiding the Seniors future social security and taking a chunk of their medicare and medicaid benefits, which if you hadn't noticed is taking a bigger bite out of workers paychecks each year as it gets eaten away by Obamacare recipients.






11-28-2017 01:55 PM
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Duchess Away
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Post: #24
RE: TAX REFORM



[Image: DPuh7dNWAAATdur.jpg:large]






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11-28-2017 06:48 PM
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Maggot Offline
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Post: #25
RE: TAX REFORM

I'm not understanding that chart. Are the negative numbers individual or across the board? First chart I've seen on the new tax reform. What were the allocations and changes last year from the same budget committee?






11-28-2017 07:57 PM
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Duchess Away
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Post: #26
RE: TAX REFORM

I don’t understand it either. That’s why I posted it without saying anything.






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11-28-2017 08:08 PM
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HairOfTheDog Offline
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Post: #27
RE: TAX REFORM

I don't know the date of the chart and whether it has been updated to include either the latest House or Senate proposals.

But, what it reflects is how much tax payers in each income group will contribute to the federal deficit over the next 10 years, assuming a tax reform bill is passed in 2018 (effects would start being realized in 2019).

People making $30,000 or less will be putting more money in the government's pocket from the start and increasingly so over time.

By 2027, everyone making less than $75,000 per year will be paying more to the government than they are now and everyone making over $75,000 will continue paying less to the government. There is no deficit by 2027 and a $40 million surplus, which is accomplished by taking much more from the lower income brackets to cover giving the upper ones so many breaks. That's my reading of that chart.

I'm gonna try to watch the CNN tax reform townhall in 35 minutes. Maybe it will clear some things up.





11-28-2017 09:29 PM
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Duchess Away
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Post: #28
RE: TAX REFORM

(11-28-2017 09:29 PM)HairOfTheDog Wrote:  I don't know the date of the chart


It was from yesterday. I saw it being discussed but I couldn't participate because I didn't understand it at all. I thought it was incredibly confusing.






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11-29-2017 05:09 AM
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