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Marco Rubio Emerges as Wild Card Amid Tax Conference Deliberations

Posted on 12/10/17 at 9:14 am
Posted by OleWarSkuleAlum
Huntsville, AL
Member since Dec 2013
10293 posts
Posted on 12/10/17 at 9:14 am
quote:

Sen. Marco Rubio tweeted Friday morning that there are "going to be problems" if the congressional committee working to better align companion tax proposals passed by the House and Senate in recent weeks dings the child tax credit that the Florida Republican has vehemently supported.

Specifically, Rubio warned against GOP leadership weakening the credit, which in the Senate bill sits at $2,000. House lawmakers signed off on a weaker $1,600 credit. He also hit out at the idea that Republicans chosen to go to conference would cut corporate tax rates without making the child tax credit "refundable for working families."

Rubio had originally pushed for an amendment – alongside Sen. Mike Lee, R-Utah – that would have made the child tax credit refundable by slightly raising the proposed corporate tax rate from 20 percent to 20.94 percent. That measure was attacked by Democrats and Republicans and ultimately failed to make its way into the Senate's final bill.

But the onetime presidential hopeful appears to be digging his heels in as lawmakers from the House and the Senate work to get on the same page – all while keeping lawmakers in the upper chamber happy, given their narrow 52-48 majority in which just three dissenting Republicans would kill the bill.


LINK

Once again Marco is the only person in Congress looking out for us little people in the eyes of the government. He is the only person to stand up for not only what he believes in but also what is right. Both parties in Congress are shameless in their trampling over the American people to further their own gains. Luckily for us we have Marco willing to fight the uphill battle in our stead.

Posted by LSURussian
Member since Feb 2005
126962 posts
Posted on 12/10/17 at 9:16 am to
Posted by WPBTiger
Parts Unknown
Member since Nov 2011
31095 posts
Posted on 12/10/17 at 9:32 am to
quote:

Marco Rubio Emerges as Wild Card


Posted by Bourre
Da Parish
Member since Nov 2012
20280 posts
Posted on 12/10/17 at 9:36 am to
You lose all credibility when you claim Marco is the only one who does this or that.
This post was edited on 12/10/17 at 9:43 am
Posted by udtiger
Over your left shoulder
Member since Nov 2006
98888 posts
Posted on 12/10/17 at 9:38 am to
Refundable tax credits are a fricking travesty.

If your tax liability zeroes out, that should be it.

Period.
Posted by LSURussian
Member since Feb 2005
126962 posts
Posted on 12/10/17 at 9:39 am to
quote:

You loose all credibility
Posted by OleWarSkuleAlum
Huntsville, AL
Member since Dec 2013
10293 posts
Posted on 12/10/17 at 9:41 am to
quote:

Refundable tax credits are a fricking travesty.

If your tax liability zeroes out, that should be it.

Period.


Awesome please instruct me on how I can zero out my payroll tax liability...TIA
Posted by Bourre
Da Parish
Member since Nov 2012
20280 posts
Posted on 12/10/17 at 9:44 am to
Lol, I edited it but my point still stands
This post was edited on 12/10/17 at 9:46 am
Posted by DaGarun
Smashville
Member since Nov 2007
26185 posts
Posted on 12/10/17 at 9:52 am to
quote:

Awesome please instruct me on how I can zero out my payroll tax liability...TIA


Payroll taxes are for programs you will (theoretically) benefit from directly. Not the equivalent of refundable income tax credits, imo. Everyone should have to pay them
Posted by OleWarSkuleAlum
Huntsville, AL
Member since Dec 2013
10293 posts
Posted on 12/10/17 at 10:02 am to
quote:

Payroll taxes are for programs you will (theoretically) benefit from directly. Not the equivalent of refundable income tax credits, imo. Everyone should have to pay them


quote:

DaGarun


How’s socialism treating you?
Posted by LSURussian
Member since Feb 2005
126962 posts
Posted on 12/10/17 at 10:04 am to
quote:

Payroll taxes
quote:

How’s socialism treating you?
Swing and a miss!
Posted by Jjdoc
Cali
Member since Mar 2016
53473 posts
Posted on 12/10/17 at 10:10 am to
President Trump.



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