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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:

 
 
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Old 08-08-2019, 08:08 AM   #1
Got Stripers
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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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Old 08-08-2019, 08:37 AM   #2
Jim in CT
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Originally Posted by Got Stripers View Post
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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how did the tax cut effect republicans and democrats differently?
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Old 08-08-2019, 09:42 AM   #3
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Originally Posted by Jim in CT View Post
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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Old 08-08-2019, 09:50 AM   #4
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capping the SALT deductions hurt the blue "donor" states much more than the red "hands out" states
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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Old 08-08-2019, 11:26 AM   #5
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Originally Posted by Jim in CT View Post
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.
This makes absolutely no sense at all.
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Old 08-08-2019, 12:20 PM   #6
Jim in CT
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This makes absolutely no sense at all.
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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Old 08-08-2019, 02:21 PM   #7
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Originally Posted by Jim in CT View Post
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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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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