GOP TAX PLAN

[scottw]

Originally Posted by Jim in CT

Nebe has said it would help him if he got to keep more of his income...Is he an evil plutocrat?

he's definitely an evil something or other...

what Wayne is saying is he trusts Trump and the Republican Senate and Congress to spend the money more wisely than America's evil, corrupt business Crooketeers.....I think in Seattle they were planning to also use the extra tax money to fund gender fluidity programs/seminars for the City's kindergartens(ok, I made that up...but it's entirely believable)

[wdmso]

Originally Posted by scottw

he's definitely an evil something or other...

what Wayne is saying is he trusts Trump and the Republican Senate and Congress to spend the money more wisely than America's evil, corrupt business Crooketeers.....I think in Seattle they were planning to also use the extra tax money to fund gender fluidity programs/seminars for the City's kindergartens(ok, I made that up...but it's entirely believable)

What I am saying if the car just needs tires why is the GOP looking at buying a new car and telling Americans were just getting new tires ?

[detbuch]

Originally Posted by wdmso

What I am saying if the car just needs tires why is the GOP looking at buying a new car and telling Americans were just getting new tires ?

If the car needs tires, why not get better tires for less money?

I like that. Comparing taxes to tires. Good one.

[wdmso]

Originally Posted by detbuch

If the car needs tires, why not get better tires for less money?

I like that. Comparing taxes to tires. Good one.

Like a tax return on a post card

[detbuch]

Originally Posted by wdmso

Like a tax return on a post card

OK . . . now comparing tires to postcards . . . falling a little bit off the edge here.

[wdmso]

"In 2019, those making less than $25,000 would get an average $50 tax reduction, or 0.3 percent of their after-tax income. Middle-income earners would get average cuts of $850, while people making at least $746,000 would get average cuts of $34,000, or 2.2 percent of income.
The center also said the Senate proposal would generate enough economic growth to produce additional revenue of $169 billion over a decade. That's far short of closing the near $1.5 trillion in red ink that Congress' nonpartisan Joint Committee on Taxation has estimated the bill would produce over that period."

[Jim in CT]

Originally Posted by wdmso

"In 2019, those making less than $25,000 would get an average $50 tax reduction, or 0.3 percent of their after-tax income. Middle-income earners would get average cuts of $850, while people making at least $746,000 would get average cuts of $34,000, or 2.2 percent of income.
The center also said the Senate proposal would generate enough economic growth to produce additional revenue of $169 billion over a decade. That's far short of closing the near $1.5 trillion in red ink that Congress' nonpartisan Joint Committee on Taxation has estimated the bill would produce over that period."

"Middle-income earners would get average cuts of $850"

Is that not a good thing?

"The center also said the Senate proposal would generate enough economic growth to produce additional revenue of $169 billion over a decade. That's far short of closing the near $1.5 trillion in red ink that Congress' nonpartisan Joint Committee on Taxation has estimated the bill would produce over that period."

And some other think tank said that Obamacare would save the average family $2,500 a year. Who believes these people?

But we need to cut wasteful spending to pay for this, no doubt.

Unemployment is down to a very low number. That has to have a positive impact, it cannot fail to do so.

The rich have more money invested in places to take advantage of things like this. When the stock market goes up, that will always help the rich more than it helps everyone else. It's not exactly "fair" or equitable, but it's not a bad thing, either.