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Tax deal

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Comments

  • 2001400ex
    2001400ex Member Posts: 29,457

    I don't get hung up on penalizing people for being successful. The amount of taxes paid by high-wage earners that flow to low-income earners, combined with the taxes that low-income earners never pay...I would be more interested in closing loopholes in the tax code. As a principle I don't believe that some rich person should have their income redistributed to me for no reason other than they've accumulated wealth.

    Agree with that, but that's how this bill is sold. That the wealthy and corporations will share the tax cut with the middle class. Which of course is a lie.

    As to your other point. That's the other fallacy, the tax cut will grow the economy. If you give most of the tax cut to the middle class, then yes the economy will grow. But most of the tax cut is going to the wealthy and corporations (which are owned by the wealthy, with the middle class ownership a small fraction and mostly in retirement plans). If the point of the tax cut was there is to much money coming into the government, then I'm all for cutting taxes on the wealthy because they pay the most.

    Either way, Republicans get to own this.
  • 2001400ex
    2001400ex Member Posts: 29,457

    Shut the fuck up hondo. Get a new playbook

    Didn't think you had anything meaningful to add.
  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 116,050 Founders Club
    The GOP will own the recovery. The politics of envy are old and mold

    Fuck off
  • 2001400ex
    2001400ex Member Posts: 29,457

    The GOP will own the recovery. The politics of envy are old and mold

    Fuck off

    Recovery from what? I'm hearing the stock market is at all time high and unemployment is near historical lows.
  • doogie
    doogie Member Posts: 15,072
    I'm going to bookmark hondos latest hypothetical family situation for later
  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 116,050 Founders Club
    I knew you didn't have anything to add
  • Kaepsknee
    Kaepsknee Member Posts: 14,919
    edited December 2017

    I knew you didn't have anything to add

    I just didn't think it would be so soon.
  • Kaepsknee
    Kaepsknee Member Posts: 14,919
    2001400ex said:

    2001400ex said:

    Sledog said:

    Hondo likes taxes, the more the better. It's odd he doesn't fill in the donation line on the tax form though.

    Please to be explaining how this tax cut will benefit the middle class.
    I have done the math on this tax cut via about 12 different online sources and all show me benefiting. I am middle class.
    Ok cool. You get a $40 tax cut. I will be about a wash (I have $20k in deductions, but lose the $12k in personal exemptions, taxable income will be higher but at a lower rate). But the dude making $600k a year gets $5,000. And apple gets billions.

    Explain how the wealthy and corporations getting tax cuts will benefit the middle class. That's the point I'm getting at.
    You should probably start a Boycott of Apple products then. I'm sure you'll make a yuge impression with your curly fry customers.
  • 2001400ex
    2001400ex Member Posts: 29,457
    salemcoog said:

    2001400ex said:

    2001400ex said:

    Sledog said:

    Hondo likes taxes, the more the better. It's odd he doesn't fill in the donation line on the tax form though.

    Please to be explaining how this tax cut will benefit the middle class.
    I have done the math on this tax cut via about 12 different online sources and all show me benefiting. I am middle class.
    Ok cool. You get a $40 tax cut. I will be about a wash (I have $20k in deductions, but lose the $12k in personal exemptions, taxable income will be higher but at a lower rate). But the dude making $600k a year gets $5,000. And apple gets billions.

    Explain how the wealthy and corporations getting tax cuts will benefit the middle class. That's the point I'm getting at.
    You should probably start a Boycott of Apple products then. I'm sure you'll make a yuge impression with your curly fry customers.
    I'm thinking about it. The iPhone X is essentially my first Apple product. And I'm about to throw it out the window. Not because of taxes. Maybe I can throw it in the deep fryer. Throw that up on YouTube and profit.
  • PurpleThrobber
    PurpleThrobber Member Posts: 48,808 Standard Supporter
    2001400ex said:

    2001400ex said:

    Sledog said:

    Hondo likes taxes, the more the better. It's odd he doesn't fill in the donation line on the tax form though.

    Please to be explaining how this tax cut will benefit the middle class.
    I have done the math on this tax cut via about 12 different online sources and all show me benefiting. I am middle class.
    Ok cool. You get a $40 tax cut. I will be about a wash (I have $20k in deductions, but lose the $12k in personal exemptions, taxable income will be higher but at a lower rate). But the dude making $600k a year gets $5,000. And apple gets billions.

    Explain how the wealthy and corporations getting tax cuts will benefit the middle class. That's the point I'm getting at.
    There is no middle class anymore.