re: Ryan's Tax Plan

Yes but. That income could pass through to 39.6%. Hardly fair even after factoring in double taxation on c-corps. Especially when pass through employs more people and creates more jobs in the aggregate.

But go back to Ryan's complete elimination of most itemization for the average guy. 1500 one time capital loss? The 3% rate reduction that most middle class earners are going to get isn't going to be a reduction in their tax liability.

People have no idea what they're favoring here. I have no issue with the cut for the wealthy, my issue is this is an increase for a large number of middle class wage earners.

Will Ryan perform another Microsoft Power Point Presentation on Tax Reform?

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I'm for tax cuts, not tax increases.

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Deficit be damned?

I would guess if the choice is middle class wage growth with a very slight tax increase vs no growth and a tax cut, most would far prefer the former. Maybe I'm wrong though.

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Having said al of this, I don't believe it is the will of the American people to reduce entitlement spending.
No will of American people = no deficit reduction. So I prefer to concentrate on things that might actually happen rather that what I wish would happen, but will not happen.

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We cannot cut out way out of deficits, much less out of a $20Tn debt. We have to grow the economy.

Further, your argument against tax but for entitlement cuts seems paradoxical. ITvsEntitlement sums are negative for 4th and 5th quintile workers. Entitlement cuts for that group would be more impactful than any proposed tax increase.

Both of these plans will be PR disasters.

Helps the ultra-wealthy WAY too much at the expense of the true middle class. While the estate/gift/GST tax isn't a huge revenue raiser, eliminating those while at the same time significantly reducing the highest marginal income tax rates will be seen as Trump and the elites f*cking the average family making $100-200K right up the a$$.

Neither plan will pass as is. Trump's is more politically palatable with respect to the middle class. The closer Trump's plan gets to Ryan's plan, the less likely anyone will see any meaningful tax relief. To Trump's credit, he has distanced himself from some of Ryan's more liberal positions.

Whatever it takes I guess. Disappointing on so many levels. Mostly the complete lack of Republican Legislative leadership.

First off, I can barely even understand that post. Request you revise so it is clear where you are quoting and where you are answering.

I can see however that you are claiming that the combo of all Trump's current tax & spending proposals put together result in smaller deficits than the sum of Ryan's. And I call bullshite. Also request you either link that, or explain it precisely. I'd really like to see where you factor everything in, as you've said you have done.

Also request that you learn the meaning of "deflect". Reminder: you were the one who immediately went with the "did you then move onto Ryan's spending proposal" as your first response to what I said about deficits resulting from the tax plans. Using your definition, that's the biggest deflection in the thread so far.

Also let me make plain that I am not arguing to support the House's plan.

I would also point out that, as you may have noticed, you won't get much traction crying on behalf of itemizers and just characterizing that as "the average person". Only like 1/3 of households even itemize.

I do notice that we agree on the likely path of government spending, especially given Trump's victory. You note that the people don't want it cut, yet you also argue that the more conservative approach to the budget is to reduce tax revenues with a straight face. Neither approach is sufficiently "conservative" IMV, but Trump's is easily worse.

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Ryan's more liberal positions

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Which ones?

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Won't Dems fillbuster it?

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Since the ACHA was sidelined, the GOP will be able to use reconciliation for taxes.