One Political Plaza - Home of politics
Home Active Topics Newest Pictures Search Login Register
Main
It's all turning to crap
Page <prev 2 of 9 next> last>>
Aug 20, 2019 19:38:48   #
Liberty Tree
 
Lonewolf wrote:
I do not want anyone hurt but Trump's been over his head since day one!
He's already a a failure and not even a electable all he has is a space and that's not enough


You do not care who gets hurt as long as you can blame Trump.

Reply
Aug 20, 2019 20:04:45   #
Blade_Runner Loc: DARK SIDE OF THE MOON
 
emarine wrote:
The IRS collects tax... The CBO reviews tax policy...
Doesn't matter who slices up that pie, it's gonna cost us big time.

Democrats Call for Trillion Dollar Tax Hike

Senate Democrats are proposing one trillion dollars in higher taxes over the next ten years including a nearly $600 billion income tax increase, a business tax increase, an increase to the death tax, and a capital gains tax increase.

These proposed tax increases would wipe out the benefits of tax reform, which include larger paychecks, salary bonuses, pay raises, increased employee retirement contributions, and utility rate cuts.

The Senate Democrat plan calls for raising the income tax rate to 39.6 percent and increasing the Alternative Minimum Tax (AMT) to pre TCJA levels, meaning millions of Americans would have to again pay this tax. According to 2015 IRS data, over 900,000 taxpayers in California and 500,000 taxpayers in New York paid the AMT prior to passage of the TCJA, which dramatically increased the threshold at which this tax applied.

Democrats also propose an $83 billion increase to the death tax. This tax increase would disproportionately fall on family-owned businesses and suppress jobs and wages. 76 percent of Americans support full, permanent repeal of the Death Tax, according to a poll by NPR.

In addition, the proposal calls for increasing the corporate tax to 25 percent. Including state corporate tax rates, this would cause the U.S. rate to rise to 29 percent, above the worldwide average rate of 23 percent and the industrial average of 24 percent.

Finally, Democrats propose a tax increase on carried interest capital gains. A carried interest capital gains tax increase would reduce investment and savings and damage economic growth at a time when the economy is beginning to grow at 3 percent or higher.

Democrats have claimed that the Tax Cuts and Jobs Act (TCJA) passed by Republicans in December was irresponsible because it would increase the deficit. Now, they are proposing to undo these tax cuts to finance more wasteful spending, proving they are not truly concerned about the deficit.

Regardless, tax reform is working. The law has resulted in 90 percent of Americans receiving more money in their paycheck and has resulted in at least four million workers receiving bonuses. Millions more have received salary increases, increased retirement benefits, and lower utility costs. The Senate Democrat tax hike proposal would wipe out these benefits.

Reply
Aug 20, 2019 20:15:20   #
emarine
 
Blade_Runner wrote:
Doesn't matter who slices up that pie, it's gonna cost us big time.

Democrats Call for Trillion Dollar Tax Hike

Senate Democrats are proposing one trillion dollars in higher taxes over the next ten years including a nearly $600 billion income tax increase, a business tax increase, an increase to the death tax, and a capital gains tax increase.

These proposed tax increases would wipe out the benefits of tax reform, which include larger paychecks, salary bonuses, pay raises, increased employee retirement contributions, and utility rate cuts.

The Senate Democrat plan calls for raising the income tax rate to 39.6 percent and increasing the Alternative Minimum Tax (AMT) to pre TCJA levels, meaning millions of Americans would have to again pay this tax. According to 2015 IRS data, over 900,000 taxpayers in California and 500,000 taxpayers in New York paid the AMT prior to passage of the TCJA, which dramatically increased the threshold at which this tax applied.

Democrats also propose an $83 billion increase to the death tax. This tax increase would disproportionately fall on family-owned businesses and suppress jobs and wages. 76 percent of Americans support full, permanent repeal of the Death Tax, according to a poll by NPR.

In addition, the proposal calls for increasing the corporate tax to 25 percent. Including state corporate tax rates, this would cause the U.S. rate to rise to 29 percent, above the worldwide average rate of 23 percent and the industrial average of 24 percent.

Finally, Democrats propose a tax increase on carried interest capital gains. A carried interest capital gains tax increase would reduce investment and savings and damage economic growth at a time when the economy is beginning to grow at 3 percent or higher.

Democrats have claimed that the Tax Cuts and Jobs Act (TCJA) passed by Republicans in December was irresponsible because it would increase the deficit. Now, they are proposing to undo these tax cuts to finance more wasteful spending, proving they are not truly concerned about the deficit.

Regardless, tax reform is working. The law has resulted in 90 percent of Americans receiving more money in their paycheck and has resulted in at least four million workers receiving bonuses. Millions more have received salary increases, increased retirement benefits, and lower utility costs. The Senate Democrat tax hike proposal would wipe out these benefits.
Doesn't matter who slices up that pie, it's gonna ... (show quote)





So you approve corporate welfare over a balanced budget … then trumps your man... trump wouldn't be talking about a middle class payroll tax cut if his tax plan was fair to begin with ...

Reply
 
 
Aug 20, 2019 20:30:56   #
roy
 
Liberty Tree wrote:
You do not care who gets hurt as long as you can blame Trump.


Well lets look at small farmers that provide a lot of food,many going bankrupt,because they dont see any of the billions of the help money.But exactly who does it help? Of couarse it helps the big corprate farms take over a little more of our food production with their posion.xAnd yes these corprate farms are raking ing millions,which they dont need,but thats the republican way.And yes trump mite get relected in 2020,but by 2021 there is going to be a recession like we have not seen. Heres word of advice if you have a 401 and you are anywhere close to retirement get you money out.Because if you dont your going to lose it . This recession we will see in 2021,will be when you see the poor getting poorer,the middle class whats left of it joining the poorer class,and if your a senior citizen you better look out.Tell me im a crazy liberal but wait and see what happens.But this is what always happens with a republican admin. They have not learned their lesson yet.But in 2024 there will be a complete take over by democrates like it or not.

Reply
Aug 20, 2019 22:25:01   #
Mikeyavelli
 
emarine wrote:
No... trump is still going to giveaway taxpayers funds to wealthy Corporate interests instead of investment in our nations people... in trumpville nothing changes ...


Did you ever think of becoming a wealthy corporate interest, whatever the hell that means, and get some of this money? Or maybe you prefer to be the ultimate loser and cry jealousy?

Reply
Aug 20, 2019 23:07:12   #
emarine
 
Mikeyavelli wrote:
Did you ever think of becoming a wealthy corporate interest, whatever the hell that means, and get some of this money? Or maybe you prefer to be the ultimate loser and cry jealousy?




Wealth is just a frame of mind once you've achieved more than you require... go count your dividends mike before you can't ...

Reply
Aug 20, 2019 23:28:48   #
acknowledgeurma
 
Liberty Tree wrote:
You liberals do.

And just where did you acquire your mind reading abilities?

Reply
 
 
Aug 21, 2019 06:16:45   #
America 1 Loc: South Miami
 
Lonewolf wrote:
You must know talk is cheap no of that's going anywhere


Is anyone better at the cheap talk?
Covers most every post from Lonesome.
Same nonsense daily.

Reply
Aug 21, 2019 07:41:55   #
sabath
 
Liberty Tree wrote:
You are hoping the economy collapses just so you can blame Trump. You do not care who gets hurt. You hate Trump and America. you really are pathetic.

Reply
Aug 21, 2019 08:22:54   #
Mikeyavelli
 
emarine wrote:
Wealth is just a frame of mind once you've achieved more than you require... go count your dividends mike before you can't ...


Even The Great Obama couldn't diminish my portfolio. He tried, but it never got destroyed.

Reply
Aug 21, 2019 09:38:47   #
Mike Papa
 
Why dont you take your crayons draw us a picture.

Reply
 
 
Aug 21, 2019 11:31:00   #
Patriot1
 
What hole are you hiding in?

Reply
Aug 21, 2019 12:20:11   #
Michael Rich Loc: Lapine Oregon
 
Patriot1 wrote:
What hole are you hiding in?


Who!

Reply
Aug 21, 2019 12:38:47   #
woodguru
 
Lonewolf wrote:
I do not want anyone hurt but Trump's been over his head since day one!
He's already a a failure and not even a electable all he has is a space and that's not enough


Rolling back emissions on cars is a great example of a truly epic degree of stupidity.

Reply
Aug 21, 2019 14:43:29   #
kemmer
 
Liberty Tree wrote:
You are hoping the economy collapses just so you can blame Trump. You do not care who gets hurt. You hate Trump and America. you really are pathetic.

“...hate Trump and America...”
It’s grotesque how trumpanzees portray Trump as America incarnate.

Reply
Page <prev 2 of 9 next> last>>
If you want to reply, then register here. Registration is free and your account is created instantly, so you can post right away.
Main
OnePoliticalPlaza.com - Forum
Copyright 2012-2024 IDF International Technologies, Inc.