Home Forums Hunting & Shooting Hunter's Campfire So, the Repub Tax Plan will only cut business taxes

in C corps and not on small business S Corps? And at the same time it would cut the throats of small businesses by dropping the deductions for state and local taxes. YGBSM.

So, the rinos truly are trying to throw the mid terms to the dimocraps in order to save the swamp.

that's my take......this fuggin tax caper is starting to smell a lot like Obama Care.

And McConnell says he really cant guarantee all middle class tax payers a tax cut. The swamp is after Roy Moore and Trump, and seemingly acting confident.

Yep, FG, designed to screw the taxpayer in order to sabotage Trump.

Fireballz say's "take one for the team, and do what's best for your country...quit whining ya little biitch".

The tax "plan" needs more work, to realistically help more people....pulling local tax and medical off the deductions is a big hit.

This isn't the "Tax Cut" that was originally discussed.

It's the RINO Saboteur version.

Anyone with half a brain knows that there's NO corporate tax anyway. Any tax monies they pay come from what they recover from regular folks in price increases.

Trump doesn't have to sign it........

I doubt he has anything to sign...

The usual crowd will block anything useful.


Besides that.... Anyone that believes that politicians would give us a truly useful tax cut, that may inhibit big government growth, please raise your hands...

And then McConnell and Ryan will say they sent him a great tax bill.

I normally don't read the NYTimes with any seriousness, but if it links properly, this is one you should read.


https://www.nytimes.com/2017/11/10/us/politics/senate-tax-bill.html

i am so sick of hearing the msm and their pundits talking about how much the tax cut will "cost." get a life, it's a rate reduction to reduce individual/corporate taxes. it's a gain, not a cost. but the media says the gov't is paying a cost. how much more misinformation and propaganda can we stand?

This plan is Ryan's love child, he's been carrying it around for a year...they will ram it in front of Trump, and he'll have to chose between the lesser of 2 evils.

Left or Right Obama Care or Tax Reform it's the same old chit.....the rich and poor will benefit while the working stiff foots the bill.

Sabotaging Trump and saving the swamp is just a bonus.

And to be honest......I truly think Trump could give a chit about the rest of it as long as corporate rates.get lowered.

They sure are trying awful hard to fugg this up.

No question this new tax scam will add to the deficit. I have to wonder if there is anyone left out there interested in stepping up and paying off the debt that has been run up over the last 30 years.

Any one left out there who feels any qualms about leaving our kids to struggle under a mountain of dept?

Rand Paul and a couple of others like Mike Lee do but the fire will just write em off as a kooks and Mormons..

Other than that...no.....

Why cut corporate taxes? Simple. Corporations don't really pay taxes. They collect them from their customers and pass the money on to the government. You pay them every time you buy a hamburger or a set of tires. It's simply a method of concealing the taxes, so people don't realize what they are actually paying.

That shell game works well enough, as long as the rates are pretty much in line with what the rest of the world is doing. As it is, ours are not. That forces the big international corporations to move jobs offshore, and it makes our products uncompetitive in the world market.

Cutting the corporate tax rate to 20% may be the single most important financial thing the government can do for the voters, though it's hard to convince the voters that is true.

It will result in the repatriation of billions of dollars held offshore, and it will create an influx of American jobs.

It's not the voters vs. the corporations. Both voters and corporations win with that cut.

As for the loss of some deductions, it's not that big a deal. The personal exemption is set to double. That's just a simplification: higher personal deduction, loss of some itemized deductions.

Loss of the deduction for state and local taxes is probably a good thing. As it is, that deduction takes some of the sting out of very high taxes in some blue states, and allows those state governments to get away with what they are doing. In effect, it's transferring money from the federal government to irresponsible state governments. So if you live in Texas, Utah, or other financially responsible state, you should be cheering at that prospect. Let those states bear their own tax burden, and let the peasants revolt in those states, and elect more fiscally responsible officials. As it is, your tax dollars are shielding those officials from the consequences of their folly.

Will the cuts increase the deficit? Maybe yes, maybe no. Short of doing something sensible like reducing spending, cutting taxes will stimulate the economy and may actually result in higher tax revenues.

You're a whack job. Leave me out of your bizarre sickness.

absolutely true in my understanding. but, the average joe that has listened to the msm day in and day out believes we're giving the corporates a windfall. nothing could be further from the truth but try to convince a welfare or near welfare individual that truth.

a factor is static versus dynamic analysis of the tax cut impacts. each side has an argument, but the dynamic one is more appropo in view.

I'm pretty much set for life and near the end of it so this caper won't effect me in the least however it plays out but I would like to see the "working" middle class get more of a break while this 'Corporate Tax Cut Miracle' materializes.