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Welcome to the Hardcore Husky Forums. Folks who are well-known in Cyberland and not that dumb.

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  • doogiedoogie Member Posts: 15,072
    So, you just read the headline?

    "It takes a great deal of imagination — and likely no small amount of partisanship — to argue that a provision that has been public for over a month," debated on the House floor and included in a House-passed bill "is somehow a covert and last-minute addition to the conference report," Hatch said.

  • 2001400ex2001400ex Member Posts: 29,457
    doogie said:

    So, you just read the headline?

    "It takes a great deal of imagination — and likely no small amount of partisanship — to argue that a provision that has been public for over a month," debated on the House floor and included in a House-passed bill "is somehow a covert and last-minute addition to the conference report," Hatch said.

    Except it hasn't been a provision for a month. Did YOU read the whole article?

    House and Senate negotiators finalized the tax bill last week and included a version of the provision to benefit the real estate industry in the form of pass-through companies, which are businesses in which the profits double as the owners' personal income.

    These types of companies can reduce their taxable income by 20 percent, but the Senate bill had only permitted them to do so if they paid wages to workers. The final bill enables the deduction for owners of certain kinds of property as well, a tax break that would presumably help Trump, Kushner and other officials and policymakers with real estate holdings.
  • RaceBannonRaceBannon Member, Swaye's Wigwam Posts: 105,793 Founders Club
    Lot of folks have real estate holdings
  • KaepskneeKaepsknee Member Posts: 14,885
    edited December 2017

    Lot of folks have real estate holdings

    Hondo does not.

    But below is what raises his ire.


    David Kamin, a law professor at New York University and former Obama administration official, said the tax break could create an incentive for companies to hold more property and assets while employing fewer workers.

    Here in the real world employers will hire people because there is work to be done. If there isn't work, they won't hire, which is a distinct and marked difference from Obamanomics, which hired people just for the hell of it.
  • RaceBannonRaceBannon Member, Swaye's Wigwam Posts: 105,793 Founders Club
    He has a lease to own deal on the patch of dirt where his burger wagon is
  • 2001400ex2001400ex Member Posts: 29,457
    salemcoog said:

    Lot of folks have real estate holdings

    Hondo does not.

    But below is what raises his ire.


    David Kamin, a law professor at New York University and former Obama administration official, said the tax break could create an incentive for companies to hold more property and assets while employing fewer workers.

    Here in the real world employers will hire people because there is work to be done. If there isn't work, they won't hire, which is a distinct and marked difference from Obamanomics, which hired people just for the hell of it.
    Look at that, you and I agree. Businesses and business owners don't look at their taxes when deciding whether to hire people.
  • TierbsHsotBoobsTierbsHsotBoobs Member Posts: 39,680
    salemcoog said:

    Lot of folks have real estate holdings

    Hondo does not.

    But below is what raises his ire.


    David Kamin, a law professor at New York University and former Obama administration official, said the tax break could create an incentive for companies to hold more property and assets while employing fewer workers.

    Here in the real world employers will hire people because there is work to be done. If there isn't work, they won't hire, which is a distinct and marked difference from Obamanomics, which hired people just for the hell of it.
    Helps Trump voters IMO
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