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re: What are y'all doing with your upcoming tax savings?
Posted on 12/20/17 at 9:42 pm to rintintin
Posted on 12/20/17 at 9:42 pm to rintintin
quote:
Also I'm willing to bet 99% of people don't know why the rate expires after 10 years. Hint: It's not because they didn't want to keep it in.
To try to make it budget neutral or at least more favorable. Same reason they added the individual mandate part.
Posted on 12/20/17 at 9:42 pm to rintintin
They could have kept individual rates the same and made some of the corporate provisions expire. They didn't want to keep it in.
You can argue about the trade offs, but they could have made the individual cuts permanent and chose not to.
You can argue about the trade offs, but they could have made the individual cuts permanent and chose not to.
Posted on 12/20/17 at 9:56 pm to Cocotheape
quote:
To try to make it budget neutral or at least more favorable. Same reason they added the individual mandate part.
Not exactly
quote:
You can argue about the trade offs, but they could have made the individual cuts permanent and chose not to.
Sure, they chose the corporate rates over the individual rates. And we can argue all day about which is more beneficial for the economy in the long run.
But what's not up for debate is all of this would be a moot point if at least some Democrats would've voted for the bill. Neither rate would expire. But out of pure spite not a single one voted to lower taxes for the majority of the country.
Posted on 12/20/17 at 10:11 pm to rintintin
"out of pure spite"
Yeah okay bro, Democrats didn't vote for a huge corporate tax cut only out of spite, not because it goes against party platform or anything. And politically, why support anything proposed by a Speaker and Senate majority leader no one likes, and a historically unpopular president? Give me a break...
I guess no Republicans voted for ACA out of pure spite as well? Didn't have anything to do with the party position on healthcare, just spite right?
Yeah okay bro, Democrats didn't vote for a huge corporate tax cut only out of spite, not because it goes against party platform or anything. And politically, why support anything proposed by a Speaker and Senate majority leader no one likes, and a historically unpopular president? Give me a break...
I guess no Republicans voted for ACA out of pure spite as well? Didn't have anything to do with the party position on healthcare, just spite right?
Posted on 12/20/17 at 10:56 pm to Cocotheape
That's a very disingenuous comparison, Healthcare vs taxes. It's not even comparable really .
Cutting taxes helps virtually everybody. They simply refused because it also helps corporations.
Name me a single demographic on the left that is negatively affected by this tax bill.
That's like saying I refuse to help my brother because it also helps my enemy.
That's a far cry from the ACA, which negatively affected many in the rights voter base.
Cutting taxes helps virtually everybody. They simply refused because it also helps corporations.
Name me a single demographic on the left that is negatively affected by this tax bill.
That's like saying I refuse to help my brother because it also helps my enemy.
That's a far cry from the ACA, which negatively affected many in the rights voter base.
Posted on 12/20/17 at 11:12 pm to rintintin
1. This tax bill affects healthcare
2. The government just gave a trillion dollars to corporations that Democrats could have given to their base instead.
3. This bill will have negative effects for wealthy people in states with high income taxes, primarily Democrats and the type that contribute as well.
2. The government just gave a trillion dollars to corporations that Democrats could have given to their base instead.
3. This bill will have negative effects for wealthy people in states with high income taxes, primarily Democrats and the type that contribute as well.
Posted on 12/21/17 at 1:03 am to GEAUXT
Buy a few beers and pour a little out for those that the Democrats said were going to die in the streets.
Posted on 12/21/17 at 4:31 am to Cocotheape
Take your crazy arse to the poli board.
Posted on 12/21/17 at 6:06 am to GEAUXT
Light more cigars with hunnerds.
Posted on 12/21/17 at 6:18 am to yellowfin
quote:
JBE doesn't have the backing in the state legislature to raise taxes
You think for one minute that they going to cut that 1 billion dollar short fall? Some one has to pay for bigger government spending. It's going to be middle class families again.
Posted on 12/21/17 at 6:26 am to Cocotheape
quote:
1. This tax bill affects healthcare
Eh, thats a stretch. It simply repeals a borderline unconstitutional mandate to buy something.
quote:
The government just gave a trillion dollars to corporations that Democrats could have given to their base instead.
Uh, they didn't "give" them anything. That's a huge flaw in your thinking. Letting people keep more of their money is not giving them money. What you mean is they could have taken more of everyone's money and redistributed it to others.
I'm sorry many democrats can't recognize the difference between being given handouts versus being able to actually keep more of their money.
quote:
3. This bill will have negative effects for wealthy people in states with high income taxes, primarily Democrats and the type that contribute as well.
I thought Democrats wanted wealthy people to pay more?
Posted on 12/21/17 at 6:56 am to rintintin
I'm wasting my time but:
So something that affects whether millions of people will have insurance, and the cost of the insurance with of the people who do have policies is a "stretch" to say affects healthcare? Okie dokie. This is not a referendum on whether ACA is good or not, Democrats obviously support it and aren't going to vote against it.
This simplistic line of thinking is usually delivered from people who start with the false premise that all taxes are bad. Sorry fake conservative, the government must be funded. If you want to cut spending, fine, but this bill didn't cut spending, it reduces tax revenues and increases the deficit.
Corporations pay less taxes than individuals and are doing well. This tax cut provides them an additional trillion dollars. Democrats don't agree with that. This isn't complicated to understand why they think this is a bad idea.
Not their base disproportionately. Dont be dumb
quote:
Eh, thats a stretch. It simply repeals a borderline unconstitutional mandate to buy something.
So something that affects whether millions of people will have insurance, and the cost of the insurance with of the people who do have policies is a "stretch" to say affects healthcare? Okie dokie. This is not a referendum on whether ACA is good or not, Democrats obviously support it and aren't going to vote against it.
quote:
Uh, they didn't "give" them anything. That's a huge flaw in your thinking. Letting people keep more of their money is not giving them money. What you mean is they could have taken more of everyone's money and redistributed it to others.
This simplistic line of thinking is usually delivered from people who start with the false premise that all taxes are bad. Sorry fake conservative, the government must be funded. If you want to cut spending, fine, but this bill didn't cut spending, it reduces tax revenues and increases the deficit.
Corporations pay less taxes than individuals and are doing well. This tax cut provides them an additional trillion dollars. Democrats don't agree with that. This isn't complicated to understand why they think this is a bad idea.
quote:
I thought Democrats wanted wealthy people to pay more?
Not their base disproportionately. Dont be dumb
This post was edited on 12/21/17 at 6:57 am
Posted on 12/21/17 at 7:20 am to Cocotheape
quote:
3. This bill will have negative effects for wealthy people in states with high income taxes, primarily Democrats and the type that contribute as well.
Why should states with low taxes have to subsidize states with high taxes? In the current tax system Texas is subsidizing California.
Posted on 12/21/17 at 7:39 am to Cocotheape
quote:
it reduces tax revenues
If history repeats itself like it has done every time we have had a tax cut then revenues will actually go up.
Posted on 12/21/17 at 7:54 am to jdeval1
quote:
Why should states with low taxes have to subsidize states with high taxes? In the current tax system Texas is subsidizing California.
If you are asking me personally, I don't think they should. Granted its more complicated than you've presented because the CA resident will likely have higher wages as well due to higher cost of living.
If you are asking why a Democrat congressman from California would support Texas subsidizing his constituents, I think that's quite obvious. It's a self interested vote, but that's how things have always worked.
Posted on 12/21/17 at 8:00 am to Cocotheape
And I'm wasting my time but.....
I'll concede on that point. Yes it absolutely affects healthcare. My point more pointed towards this bill repealing an already unconstitutional piece of that bill.
You can make those assumptions, but you'd be wrong about me. I fully understand taxes are necessary, as do most people who enjoy tax cuts. That's simply a straw man created by many liberals when people don't agree with raising taxes and spending money into oblivion. There's a HUGE difference between wanting tax cuts and not wanting any gov't. You seem like an intelligent person so it surprises me that you make that illogical leap.
Do you honestly think the gov't is going to all of a sudden cut spending when they are raking in record tax revenues? Perhaps it takes cutting those revenues first in order for them to realize spending needs to be reduced? Hopefully this will spur it.
This is simply false.
How is it their base disproportionately? And don't blame local taxes on the Fed gov't?
Btw, I'm not a "conservative" as you say. I've never voted Republican. Another wrong assumption.
quote:
So something that affects whether millions of people will have insurance, and the cost of the insurance with of the people who do have policies is a "stretch" to say affects healthcare? Okie dokie. This is not a referendum on whether ACA is good or not, Democrats obviously support it and aren't going to vote against it.
I'll concede on that point. Yes it absolutely affects healthcare. My point more pointed towards this bill repealing an already unconstitutional piece of that bill.
quote:
This simplistic line of thinking is usually delivered from people who start with the false premise that all taxes are bad. Sorry fake conservative, the government must be funded. If you want to cut spending, fine, but this bill didn't cut spending, it reduces tax revenues and increases the deficit.
You can make those assumptions, but you'd be wrong about me. I fully understand taxes are necessary, as do most people who enjoy tax cuts. That's simply a straw man created by many liberals when people don't agree with raising taxes and spending money into oblivion. There's a HUGE difference between wanting tax cuts and not wanting any gov't. You seem like an intelligent person so it surprises me that you make that illogical leap.
quote:
If you want to cut spending, fine, but this bill didn't cut spending, it reduces tax revenues and increases the deficit.
Do you honestly think the gov't is going to all of a sudden cut spending when they are raking in record tax revenues? Perhaps it takes cutting those revenues first in order for them to realize spending needs to be reduced? Hopefully this will spur it.
quote:
Corporations pay less taxes than individuals
This is simply false.
quote:
Not their base disproportionately. Dont be dumb
How is it their base disproportionately? And don't blame local taxes on the Fed gov't?
Btw, I'm not a "conservative" as you say. I've never voted Republican. Another wrong assumption.
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