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Political Threads This section is for Political Threads - Enter at your own risk. If you say you don't want to see what someone posts - don't read it :hihi: |
08-08-2019, 08:08 AM
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#1
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Ledge Runner Baits
Join Date: Oct 2000
Location: I live in a house, but my soul is at sea.
Posts: 8,396
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The hard core republicans stick with him because they see the writing on the wall, their party is shrinking and loosing its identity. His supporters will let him get away with anything, they will let him f*ck the environment, they don’t care he has treated our long time enemies better at times than our long time allies. They apparently don't care that Trump has failed on his two big campaign promises, to build the Mexican paid for wall and eliminate Obamacare. He promised to drain the swamp, yet he has filled what small percentage of cabinet posts he can fill with some of the most poorly qualified people ever. He ranted while campaigning that Obama spent too much time golfing, yet he has spent an obscene amount of time at his resorts, costly us millions and making his family money. His family and their businesses continue to profit while he is president, probably one of his key motivations to run in the first place, matters little to him it’s not allowed. Rule of law means nothing to him, BUT he is seen by his party as their best chance of hanging in for another term.
The shrinking party, the fact he gave the rich white republicans a major tax cut and was able to get judges seated they approve of, is why they hang tough and bite their tongues.
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08-08-2019, 08:37 AM
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#2
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Registered User
Join Date: Jul 2008
Posts: 20,429
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Quote:
Originally Posted by Got Stripers
The hard core republicans stick with him because they see the writing on the wall, their party is shrinking and loosing its identity. His supporters will let him get away with anything, they will let him f*ck the environment, they don’t care he has treated our long time enemies better at times than our long time allies. They apparently don't care that Trump has failed on his two big campaign promises, to build the Mexican paid for wall and eliminate Obamacare. He promised to drain the swamp, yet he has filled what small percentage of cabinet posts he can fill with some of the most poorly qualified people ever. He ranted while campaigning that Obama spent too much time golfing, yet he has spent an obscene amount of time at his resorts, costly us millions and making his family money. His family and their businesses continue to profit while he is president, probably one of his key motivations to run in the first place, matters little to him it’s not allowed. Rule of law means nothing to him, BUT he is seen by his party as their best chance of hanging in for another term.
The shrinking party, the fact he gave the rich white republicans a major tax cut and was able to get judges seated they approve of, is why they hang tough and bite their tongues.
Posted from my iPhone/Mobile device
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how did the tax cut effect republicans and democrats differently?
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08-08-2019, 09:42 AM
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#3
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Registered User
Join Date: Jul 2004
Posts: 10,200
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Quote:
Originally Posted by Jim in CT
how did the tax cut effect republicans and democrats differently?
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capping the SALT deductions hurt the blue "donor" states much more than the red "hands out" states
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08-08-2019, 09:50 AM
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#4
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Registered User
Join Date: Jul 2008
Posts: 20,429
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Quote:
Originally Posted by PaulS
capping the SALT deductions hurt the blue "donor" states much more than the red "hands out" states
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so within a blue state, how does it impact republicans and democrats differently?
you’re wrong on the math. before salt taxes were capped, those in blue ( high tax) states had larger federal income tax deductions than someone in a red ( low tax states). so if i live in SC, i paid a higher federal tax rate then someone exactly like me who lives in CT. The people in low tax states were subsidizing people in high tax states. it’s not fair to them.
i got slammed by that salt cap. absolutely slammed. but it’s not unfair. Why should
someone in SC pay a higher federal rate, simply because CT is run by tax and spend
liberals?
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08-08-2019, 11:26 AM
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#5
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Registered User
Join Date: Nov 2003
Location: RI
Posts: 21,182
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Quote:
Originally Posted by Jim in CT
you’re wrong on the math. before salt taxes were capped, those in blue ( high tax) states had larger federal income tax deductions than someone in a red ( low tax states). so if i live in SC, i paid a higher federal tax rate then someone exactly like me who lives in CT. The people in low tax states were subsidizing people in high tax states. it’s not fair to them.
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This makes absolutely no sense at all.
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08-08-2019, 12:20 PM
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#6
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Registered User
Join Date: Jul 2008
Posts: 20,429
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Quote:
Originally Posted by spence
This makes absolutely no sense at all.
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a vague insult from YOU? get outta here.
before the salt caps, two
identical people ( same income, mortgage, other deductions, similar in every way except state taxes) paid very different federal income tax rates. because the person in a high tax rate got a large federal deduction for his high state taxes, not available to the person in a low tax state. so the person in the low tax state paid
much more in federal income tax, than they’d pay ( all other things being equal) in a high tax state.
it’s pretty simple and obvious, take off the tin foil hat for a second.
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08-08-2019, 02:21 PM
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#7
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Registered User
Join Date: Nov 2003
Location: RI
Posts: 21,182
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Quote:
Originally Posted by Jim in CT
a vague insult from YOU? get outta here.
before the salt caps, two
identical people ( same income, mortgage, other deductions, similar in every way except state taxes) paid very different federal income tax rates. because the person in a high tax rate got a large federal deduction for his high state taxes, not available to the person in a low tax state. so the person in the low tax state paid
much more in federal income tax, than they’d pay ( all other things being equal) in a high tax state.
it’s pretty simple and obvious, take off the tin foil hat for a second.
Posted from my iPhone/Mobile device
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Depending on income the variation in the effective federal tax rate for individuals could very well be negligible. The big factor here you're omitting is that the states targeted by the GOP tax plan have significantly more wealthy people who pay a lot more in taxes. So the low tax states aren't subsidizing the high tax states, it's actually the other way around.
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