Since that calls out “State or local income taxes” wouldn’t that mean property taxes are ok?
Who gives a fuck? The point is that the claimed aim of the tax breaks was to benefit the middle class with jobs and wage hikes was a total lie from the start.
One of your fellow travelers posted a link to an editorial that claimed that paying down debt was hoarding.
Not a single person in this thread is willing to disavow said article. Why is that?
Why is it not hoarding? What’s your definition of hoarding?
Since you didn’t read the article:
All that money does not enter the economy which is the claimed reason for the tax bill.
You stimulate the economy by putting money into the hands of as many consumers as you can.
Yay! I’m a fellow traveler!
D’anconia, the hoarding talked about in the article indicates that money from tax cuts for the wealthy and for corporations remain strictly in the hands of corporations and the wealthy. They do not spend it on infrastructure, wage increases, and increased hiring, at least in this current economic climate. There’s simply no need for the first and last, and no incentive other than niceness for increasing wages. That had been the public rationale for these tax cuts, and its bloody nonsense.
Kind of like your microscopic focus on the concept of hoarding, as a desperate diversionary method.
It’s time for me to go see The Last Jedi, so carry on, all.
Keeping unnecessary stuff for yourself. Paying back debt doesn’t qualify.
But what is unnecessary? Like, keeping Internet access for your own use would qualify as hoarding?
Why do any of us have to disavow something we didn’t write nor post? :dubious:
Internet access is not necessary. Is it useful? Yes. Is it entertaining? Sometimes. But not necessary.
BTW, paying down debt is not hoarding.
Why did he or she link to it then?
So is reducing debt a necessity for a corporation?
How about for a government?
Reducing debt is usually a good idea, but it depends on the situation. Sometimes debt is cheaper.
I owe you money. I pay you back. In what universe is that hoarding?
Exactly.
Is adding $1.5 trillion to the government debt cheaper than… something?
If ever anyone deserved that sentiment, it’s her…
I had to Google to make sure “fuck your feelings” was not a direct quote from Ann Coulter. And if so, how many times she said it.
Didn’t find that exact wording though for Coulter (“screw your feelings” did come up though.)
…on the other hand, apparently Milo Yiannoupoulous seems to be known for the phrase. Birds of a feather I guess.
In the MPSIMS thread, Bone quoted the following section from the bill regarding limitations on deductibility of other taxes.
I have a question for tax attorney types.
Do lines 6-7 and lines 15-20 mean, for example, if I own a vacation home or a golf course in Scotland, I can fully deduct real estate taxes on that property (instead of limiting the deduction to $10,000)?
Here are links to the tax code being changed:
Well, how else are we going to maintain the worst income inequality since the fall of the Roman Empire?
C’mon, we have a reputation to maintain here.
In the universe where that money was made available to you by keeping it out of the treasury, where it could have helped 9 million kids in working families with wages too low to afford health insurance. Some of whom will die.And also, you’re the employer who refuses to raise wages so those kids’ parents can afford health insurance. Or offer it as a benefit to them, for working for you. Even though you suddenly have way more money than you did the year before.
You know… this universe.