the politics of rewriting the tax code at midnight on a friday

SneekyNinja

Well-Known Member
many families that make more than $100,000 itemize.

child credit doubles to $2000, but begins to phase out when family AGI exceeds $110,000, or $75,000 for single peeps.

this tax bill is a burden to the middle class. it helps corporations and super wealthy and lower income now... and in a few years will hurt the low income and continue to help corporations and the super wealthy.


But most importantly, all that tax goodness you think you're getting, will be offset by sharp increases in family health insurance payouts. so ultimately it will be a net loss for most families.

The point of this tax bill was to stimulate corporations to bring their money back to the US, repeal Obamacare, and line the pockets of the super wealthy... because trickle down is a rock solid economic plan and has worked literally none times in the past. Literally none times. Not a once.
Didn't it legalize companies paying tax in the country of business and allowing them to repatriate those profits tax free?

That encourages companies to go abroad, not to stay here.

#lie-no: 891,421
 

see4

Well-Known Member
Didn't it legalize companies paying tax in the country of business and allowing them to repatriate those profits tax free?

That encourages companies to go abroad, not to stay here.

#lie-no: 891,421
One would think.

Time will tell. Repatriation of profits can lead to returning profits to US to expand the workforce domestically. Whether that is something that will happen remains to be seen. But very doubtful. Like you said, they will still take advantage of a cheaper workforce abroad and take advantage of returning those profits back to the US.
 

Jimdamick

Well-Known Member
This bitch Trump has been moaning about how much money this tax bill is going to cost him personally.

Well then, PROVE IT MOTHERFUCKER, and release your own tax returns.

Can you believe the balls on this guy?

It's mind boggling.
 

SneekyNinja

Well-Known Member
One would think.

Time will tell. Repatriation of profits can lead to returning profits to US to expand the workforce domestically. Whether that is something that will happen remains to be seen. But very doubtful. Like you said, they will still take advantage of a cheaper workforce abroad and take advantage of returning those profits back to the US.
Lol.

Optimist much?
 

UncleBuck

Well-Known Member
anyone who defends this bill as good is a cuck or a billionaire.

and we all know bugeye and twopump ain't rich.
 

twostrokenut

Well-Known Member
nope.

any tax breaks for citizens expire shortly.

the corporate tax breaks are permanent, may they trickle down as they always do
8 years. and you can just change the corp rate when you ditch the attitude and get some semblance of control back.
 

UncleBuck

Well-Known Member
8 years. and you can just change the corp rate when you ditch the attitude and get some semblance of control back.
why do you think they set any "tax breaks" for citizens to expire while making corporate tax breaks permanent?

who do you think will benefit from the repeal of the estate tax, tax breaks for private jet owners, golf course owners, and real estate moguls?

cuck
 

Justin-case

Well-Known Member
why do you think they set any "tax breaks" for citizens to expire while making corporate tax breaks permanent?

who do you think will benefit from the repeal of the estate tax, tax breaks for private jet owners, golf course owners, and real estate moguls?

cuck
Look on the bright side, you'll now be able to do your taxes on an old golf score card.
Winning!
 

twostrokenut

Well-Known Member
why do you think they set any "tax breaks" for citizens to expire while making corporate tax breaks permanent?

who do you think will benefit from the repeal of the estate tax, tax breaks for private jet owners, golf course owners, and real estate moguls?

cuck
look, i don't like trump-o-nomics. increasing military spending and lowering taxes is a recipe for disaster imho.

credit cards are already up 18% with the tax bill passage though....and your family stands to benefit from repeal of the estate tax and your family will receive a tax cut in the form of double deductions and child credit until your new girl is on grade 2 or 3.

if your point is that the tax cuts for under 100k aren't big enough and should be permanent then I agree.

this is not a pure trickle down attempt here, there's a trickle up side and this isn't a couple hundred bush stimulus check.

wells and quite a few others are already setting up employee bonuses and raising their min wages to 15/hr in charlotte with the passage of this bill.
 

UncleBuck

Well-Known Member
look, i don't like trump-o-nomics.
then why do you endlessly defend this stupid bullshit, cuck?

you never answered my question, either

who do you think will benefit from the repeal of the estate tax, tax breaks for private jet owners, golf course owners, and real estate moguls?

cuck
 

twostrokenut

Well-Known Member
then why do you endlessly defend this stupid bullshit, cuck?

you never answered my question, either

who do you think will benefit from the repeal of the estate tax, tax breaks for private jet owners, golf course owners, and real estate moguls?

cuck

you're obviously on a copy/paste mission, for that reason; I'm out.
 

Heil Tweetler

Well-Known Member
8 years. and you can just change the corp rate when you ditch the attitude and get some semblance of control back.
  • Former White House chief strategist Steve Bannon has reportedly considered running for president in 2020 if Donald Trump doesn't.
  • Bannon apparently pegs Trump's chances of serving the remainder of his term at just 30%.
  • Trump and Bannon have sometimes been at odds, but Bannon continues to publicly support the president and actively promotes their shared "America First" worldview.
 

twostrokenut

Well-Known Member
many families that make more than $100,000 itemize.

child credit doubles to $2000, but begins to phase out when family AGI exceeds $110,000, or $75,000 for single peeps.

this tax bill is a burden to the middle class. it helps corporations and super wealthy and lower income now... and in a few years will hurt the low income and continue to help corporations and the super wealthy.


But most importantly, all that tax goodness you think you're getting, will be offset by sharp increases in family health insurance payouts. so ultimately it will be a net loss for most families.

The point of this tax bill was to stimulate corporations to bring their money back to the US, repeal Obamacare, and line the pockets of the super wealthy... because trickle down is a rock solid economic plan and has worked literally none times in the past. Literally none times. Not a once.
my family insurance premium might go back to pre Obamcare rates? final answer?
 
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