To me, it’s starting to look like the fix is in. I welcome opposing evidence and opinions, tho.
If they end up passing what looks like will be a tax increase for a lot of folks without much money, maybe they’ll suffer for their fuckupery? But perhaps I underestimate mental faculties of many of the folks who voted them in.
I don’t know what you mean by “the fix is in”? Do you mean that they seem likely to pass some form of tax reform legislation?
It will be Obama’s fault. He fucked the economy up SO much, that even the great savior’s tax cuts can’t save it.
First question: how important is the child tax credit and why should it be increased? I have no children and so have no direct experience with this.
Second question: why in the fuck should anyone care what Ivanka Trump has to say about taxes? When did she become a fucking tax expert?
I’m having my first child in March, so I’ll go with “very important” and “because tax cuts are great”.
They’re going to pass something that looks like it, because it’s their last chance to go back to The Base and show they’ve done something this year. What that thing exactly *is *just isn’t important to them.
In a surprise to precisely no one, it turns out that self-important politicians don’t often care about the details / minutiae. Shocker.
This time, they don’t even care about the broad outlines. Note the lack of any, other than the feeling that they need to do to the entire country and its economy what they did to Kansas.
Here’s what I don’t understand, though: all the discussion has been about eliminating the state income tax deduction only. I’m not against eliminating SALT in principle, but if only income deductions are eliminated, it seems like an obvious fuck you to blue states.
I live in Florida, where we only have sales taxes, and calculating the deduction requires to much time and effort that we don’t even bother unless we bought a home or several cars or something.
It makes more sense if you look at how states with income taxes voted last fall.
The proposal thus far is to eliminate all personal deductions other than mortgage interest and charitable donations. So that’s all of SALT, not just income tax.
And what do you mean “to much time and effort”? Sure, you could save every receipt. Or just use the tables in Schedule A.
That’s not really unique to “this time” either. And I don’t see what Trump’s proposal has to do with Kansas, but I’d love for you to flesh out the details for me here. How do you see them as similar?
Does this mean that you would advocate for a tax system similar to the one we had in 1984? With fourteen or fifteen brackets going up to a 50% tax rate? The current proposal in question seems to be a clear step away from the system from 1984.
Im sure there is a great deal of sleight of hand going on with any published figures. I would like to ask you a question though; do you think any tax expense a corporation is burdened with is NOT at least partly passed onto the consumer? Lets assume corporation tax is increased to 50% tomorrow; do you really believe the corporation will be willing to take that entire tax hit without passing some onto the consumer?
Greater costs lead to greater prices at the till. It doesn’t really matter if that cost is labelled as corporation tax or sales tax. It will be paid for, in the most part, by ordinary citizens.
Yet you chose to dismiss “details” without noticing there aren’t any yet.
You can’t really be uninformed aboutthe Brownback Administration and its demonstration of how massive tax cuts create Utopia. We need more of that, don’t we?
There is some information about Trump’s proposed tax plan. I don’t know if you’d prefer to call those pieces of information “details” or “principles” or a “broad outline” or something else. It would be silly to claim that we don’t know anything about what Trump’s tax plan would look like, agreed? I’d also agree it would be silly to claim that we know everything Trump’s tax plan would do, because clearly some of the details are missing.
I understand that Kansas enacted some tax cuts. Liberals seem to think it’s been the death knell for Kansas. What do those tax cuts, and Trump’s proposal, have in common? Is it really just as shallow as them both being tax cuts?
Yes, it would save him a ton, whatever it is, but we won’t know until he releases his tax returns as promised. As for what Congress would pass, we have no idea because Trump is telling them to do all the work and figure it all out for him.
What do *you *think they’ve achieved there? Or are you content to simply dismiss factuality as just another liberal thing, as you’re doing here?
Given that the same ideology is in effect in today’s national GOP as in Brownback’s Kansas, the answer is pretty much Yes. Do you have some fundamental differences to point out for us?
Did you even hear of the Conservative Dawn in Kansas before today? :dubious: One might have thought Hannity & Co. would be crowing about it nonstop. Odd, that, huh?
That’s all I needed to know. Thanks.
No. I’d prefer a flat tax.