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Started By
Message
Rand doesn't like the tax plan
Posted on 10/2/17 at 2:10 pm
Posted on 10/2/17 at 2:10 pm
This is the analysis he refers to LINK
Between this and Corker insisting that the plan not add one dollar to the deficit Mitch has his work cut out for him
14
Posted on 10/2/17 at 2:12 pm to Iosh
Posted on 10/2/17 at 2:12 pm to Iosh
(no message)
This post was edited on 1/10/21 at 6:18 pm
Posted on 10/2/17 at 2:16 pm to Iosh
The tax policy center is a leftwing think tank, is it not?
Also, where are they getting the numbers that 30% of the middle class is getting an increase in taxes?
Also, where are they getting the numbers that 30% of the middle class is getting an increase in taxes?
Posted on 10/2/17 at 2:20 pm to HailHailtoMichigan!
I suspect I'll be one seeing my taxes go up.
Posted on 10/2/17 at 2:22 pm to Iosh
Rand shouldn't trust the Tax Policy Center. Bunch of lefties posing as centrists. If that same info comes out of Heritage or Cato then he can believe it.
Posted on 10/2/17 at 2:23 pm to HailHailtoMichigan!
quote:
Also, where are they getting the numbers that 30% of the middle class is getting an increase in taxes?
Without seeing the details if you go from 7 tax brackets to 3, then some will see taxes go up and others will see them go down. There is a net gain to 70% of the middle class.
Not defending the plan but 30% seeing a tax increase is completely plausible given the reduction in the overall number of tax brackets.
Posted on 10/2/17 at 2:31 pm to HailHailtoMichigan!
quote:"I know you linked the source but please read it for me and then vomit it into my helpless baby bird brain"
Also, where are they getting the numbers that 30% of the middle class is getting an increase in taxes?
Posted on 10/2/17 at 2:32 pm to Iosh
Lol @ the Tax policy center and Rand
Posted on 10/2/17 at 2:33 pm to Iosh
I agree 100% with Rand - this bill is complete shite
Posted on 10/2/17 at 2:34 pm to Iosh
Reading through the analysis and I think this is where Rand is getting pissy.
Though, the analysis did mention something about not including dynamic feedbacks--not sure what that is in relation to the analysis--to revenue.
quote:
In 2018, about 12 percent of taxpayers would face a tax increase of roughly $1,800 on average. More than a third of taxpayers making between about $150,000 and $300,000 would pay more, mainly because most itemized deductions would be repealed
quote:
By 2027, taxes would rise for roughly one-quarter of taxpayers, including nearly 30 percent of those with incomes between about $50,000 and $150,000 and 60 percent of those making between about $150,000 and $300,000. The number of taxpayers with a tax increase rises over time
Though, the analysis did mention something about not including dynamic feedbacks--not sure what that is in relation to the analysis--to revenue.
Posted on 10/2/17 at 2:34 pm to SDVTiger
I've about had it with Rand Paul. Strike that, I HAVE had it with Rand Paul.
Posted on 10/2/17 at 2:35 pm to Jake88
My taxes would go up SEVEN percent from what I've seen. That's like $12,000 fricking dollars - enough to make me not #MAGA if it happens. I'm trying not to overreact yet
Posted on 10/2/17 at 2:35 pm to Iosh
What the frick is wrong with you today and these ad attacks on me?
Posted on 10/2/17 at 3:11 pm to HailHailtoMichigan!
You were kind of a bitch before the election, but ever since the election its like you go out of your way to try and impress Trumpkins.
Newsflash, they do not accept cucks.
Newsflash, they do not accept cucks.
Posted on 10/2/17 at 3:16 pm to SirWinston
quote:
My taxes would go up SEVEN percent from what I've seen. That's like $12,000 fricking dollars - enough to make me not #MAGA if it happens. I'm trying not to overreact yet
Here's a harsh reality, if you make so much money that your taxes would go up $12K under this plan (and clearly there are folks like this) then tough shite, you can afford to pay more.
Posted on 10/2/17 at 3:17 pm to Iosh
Is there anything Rand DOES like?
Posted on 10/2/17 at 3:18 pm to SirWinston
I've not wanted to look because I suspect it'll be different in the end. As I said in another thread, it's going to piss off many professionals.
Posted on 10/2/17 at 3:18 pm to JayDeerTay84
quote:
Is there anything Rand DOES like?
An actual Obamacare repeal and legitimate tax relief.
The nerve of that a-hole just amazes me.
Posted on 10/2/17 at 3:20 pm to HeyHeyHogsAllTheWay
quote:
then tough shite, you can afford to pay more.
Please tell me who "deserves" my hard earned money. This is a bullshite Bernie bro talking point
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