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Started By
Message
Senate Releases Tax Bill Text in ‘Unusually Fast’ March to vote
Posted on 11/21/17 at 11:59 am
Posted on 11/21/17 at 11:59 am
quote:
Drudge Report @Drudge Report
Senate Releases Tax Bill in 'Unusually Fast' March to Vote...
LINK
quote:
Tax Cuts and Jobs Act.pdf
This post was edited on 11/21/17 at 12:08 pm
Posted on 11/21/17 at 12:01 pm to cajunangelle
Gotta move fast before Loosephobic roy moore costs a vote.
Posted on 11/21/17 at 12:06 pm to HailHailtoMichigan!
Now we need lawyers to read all of this Tax Cuts and Jobs Act.pdf
Posted on 11/21/17 at 12:12 pm to HailHailtoMichigan!
quote:
‘‘(A) MARRIED INDIVIDUALS FILING JOINT
6 RETURNS AND SURVIVING SPOUSES.—The fol-
7 lowing table shall be applied in lieu of the table
8 contained in subsection (a):
‘‘If taxable income is: The tax is:
Not over $19,050 .......................... 10% of taxable income.
Over $19,050 but not over
$77,400.
$1,905, plus 12% of the excess over
$19,050.
Over $77,400 but not over
$140,000.
$8,907, plus 22% of the excess over
$77,400.
Over $140,000 but not over
$320,000.
$22,679, plus 24% of the excess over
$140,000.
Over $320,000 but not over
$400,000.
$65,879, plus 32% of the excess over
$320,000.
Over $400,000 but not over
$1,000,000.
$91,479, plus 35% of the excess over
$400,000.
Over $1,000,000 ............................ $301,479 plus 38.5% of the excess
over $1,000,000.
Posted on 11/21/17 at 12:14 pm to cajunangelle
Move fast before the public knows what's in it.
Posted on 11/21/17 at 12:15 pm to The Spleen
quote:Details of the senate tax bill have been known for almost 2 weeks. This is just a formal release.
Move fast before the public knows what's in it.
Posted on 11/21/17 at 12:15 pm to cajunangelle
so 6 brackets? Like I expected, this is not reform. frick them if they try to call it that. This is just moving the sidelines around.
Posted on 11/21/17 at 12:25 pm to TigerFanatic99
So they just made their own plan, who cares about Trump's tax plan, amirite?
Did they at the fricking least sneak in removing the Ocare mandate?
Did they at the fricking least sneak in removing the Ocare mandate?
Posted on 11/21/17 at 12:46 pm to The Spleen
quote:
Move fast before the public knows what's in it
We have to pass it before we know what's in it...
The way the left passed Obamacare...?
Posted on 11/21/17 at 1:08 pm to cajunangelle
quote:
Did they at the fricking least sneak in removing the Ocare mandate?
Rush said something last week about Turtleman attaching making the subsidy legal to the bill.
Posted on 11/21/17 at 1:24 pm to cajunangelle
I’m curious what the conference bill will end up being.
I’m taking a guess that the Senate tries to ram their version through instead of compromising with the House.
I’m taking a guess that the Senate tries to ram their version through instead of compromising with the House.
Posted on 11/21/17 at 1:27 pm to TigerFanatic99
quote:
so 6 brackets? Like I expected, this is not reform. frick them if they try to call it that. This is just moving the sidelines around.
They're relying on Trumpsucking sycophants to rally behind it he says so. Thats exactly what will happen of course.
Posted on 11/21/17 at 1:57 pm to TigerFanatic99
quote:
so 6 brackets? Like I expected, this is not reform. frick them if they try to call it that. This is just moving the sidelines around.
This doesn't bother me. The number of brackets is waaaay down on my list of issues that need reforming.
Posted on 11/21/17 at 2:06 pm to TigerFanatic99
quote:
so 6 brackets? Like I expected, this is not reform. frick them if they try to call it that. This is just moving the sidelines around.
Honestly, the # of brackets is just for show. It really doesn't matter one way or the other. The complexity is in the deductions.
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