Trump Tax Reform Thread
Forums:
Because it's more important than Ann Coulter trolling.
Goals for Tax Reform
- Grow the economy and create millions of jobs
- Simplify our burdensome tax code
- Provide tax relief to American families-especially middle-income families
- Lower the business tax rate from one of the highest in the world to one of the lowest
Individual Reform
- Tax relief for American families, especially middle-income families:
- Reducing the 7 tax brackets to 3 tax brackets of 10%, 25% and 35%
- Doubling the standard deduction
- Providing tax relief for families with child and dependent care expenses
- Simplification:
- Eliminate targeted tax breaks that mainly benefit the wealthiest taxpayers
- Protect the home ownership and charitable gift tax deductions
- Repeal the Alternative Minimum Tax
- Repeal the death tax
- Repeal the 3.8% Obamacare tax that hits small businesses and investment income
Business Reform
- 15% business tax rate
- Territorial tax system to level the playing field for American companies
- One-time tax on trillions of dollars held overseas
- Eliminate tax breaks for special interests
Process
Throughout the month of May, the Trump Administration will hold listening sessions with stakeholders to receive their input and will continue working with the House and Senate to develop the details of a plan that provides massive tax relief, creates jobs, and makes America more competitive-and can pass both chambers."
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Top of Page Bottom of Page PermalinkFull Name: Across
For some reason I picture you
For some reason I picture you as Alex P Keaton when I see your posts.
Top of Page Bottom of Page PermalinkFull Name: _
Thanks.
Thanks.
Top of Page Bottom of Page PermalinkFull Name: Hitchhiker awaiting "true call"
Cheeks! Where you gonna go
Cheeks! Where you gonna go with your extra money?
We're going to Disneyland!
Top of Page Bottom of Page PermalinkFull Name: Across
The scenes with mainly Alex
The scenes with mainly Alex and Mallory's boyfriend Nick were always the funniest, IMO.
Top of Page Bottom of Page PermalinkFull Name: Across
Disneyland sounds like hell
Disneyland sounds like hell on fire to me.
I'm going to play poo 100 dollah for cheap laughs in an upscale and notoriously uptight community down here with my tax break.
Top of Page Bottom of Page PermalinkFull Name: aiq
The only people getting extra
The only people getting extra money are trumps pals.
Top of Page Bottom of Page PermalinkFull Name: ________
Where is the data that tax
Where is the data that tax cuts create revenue?
Top of Page Bottom of Page PermalinkFull Name: aiq
That revenue is at the top of
That revenue is at the top of the beanstalk.
Reagan redux. Rich get richer and debt blows up...with no services to show for it.
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>> Where is the data that tax
>> Where is the data that tax cuts create revenue?
Depends on who you give the tax cuts to.
Top of Page Bottom of Page PermalinkFull Name: ________
So there is none
So there is none
Top of Page Bottom of Page PermalinkFull Name: The Sound of Steam and Caffeine
This so-called plan is DOA.
This so-called plan is DOA.
Top of Page Bottom of Page PermalinkFull Name: _
http://www.economist.com
http://www.economist.com/blogs/democracyinamerica/2010/12/tax_cuts
Top of Page Bottom of Page PermalinkFull Name: ________
I just subscribed to the
I just subscribed to the economist. Looking forward to my first one,
Top of Page Bottom of Page PermalinkFull Name: nebulous nelly
....
Top of Page Bottom of Page PermalinkFull Name: Highnote
I'm tired of winning.
I'm tired of winning.
Top of Page Bottom of Page PermalinkFull Name: aiq
This is it, just like ender's
This is it, just like ender's OP. This is literally the "plan". Trump style, one page, bulleted talking points.
The press briefing was hilarious. Particularly when the press started asking for numbers...
But then the press is the enemy.
Top of Page Bottom of Page PermalinkFull Name: El Nino
>>> Where is the data that
>>> Where is the data that tax cuts create revenue?
>>Depends on who you give the tax cuts to.
But we all know how this story is going to end
Treasury Secretary Steven Mnuchin said on Thursday the Trump administration’s goal in tax reform is a middle-class tax cut, but he couldn’t guarantee one.
Top of Page Bottom of Page PermalinkFull Name: The Sound of Steam and Caffeine
This will never happen. Trump
This will never happen. Trump simply wanted to say he released his tax reform plan in the first 100 days as he promised. This plan looks like it might have been scribbled on the back of a napkin, with no hard numbers and the potential to bankrupt the country. This is just a wish list of things that would benefit him personally (like repealing the Alternative Minimum Tax).
It will be just like all his other silly and impossible plans (build a wall, ban Muslims, repeal and replace ACA with something better): it will fade away to nothing. He does not understand policy or how to build consensus.
Top of Page Bottom of Page PermalinkFull Name: That’s Nancy with the laughin’ face
Exactly
Exactly
More productive to troll Ann coulter
Top of Page Bottom of Page PermalinkFull Name: Kenny
In other news, it's pretty
In other news, it's pretty evident we'll never see Trump's tax returns as Mnuchin said Trump has "given more financial disclosure than anybody else". Which I guess would be true unless you include every...body...else...
Top of Page Bottom of Page PermalinkFull Name: That’s Nancy with the laughin’ face
new Trump speak, same as the
new Trump speak, same as the old new speak.
Top of Page Bottom of Page PermalinkFull Name: good at drinking water
What a clown show.
Mnuchin seems well placed as a member of the clown show.
"It's not about tax cuts for the rich. It is about growth!"
Top of Page Bottom of Page PermalinkFull Name: good at drinking water
p.s. the proposal? It's a
p.s. the proposal? It's a joke, even by clown show standards.
Top of Page Bottom of Page PermalinkFull Name: Sigmund
It'll be easy!
It'll be easy!
Fuckin shithead
Top of Page Bottom of Page PermalinkFull Name: aiq
Mnuchin straight tripping.
Mnuchin straight tripping.
https://www.nytimes.com/2017/04/27/us/politics/individual-business-tax-w...
Top of Page Bottom of Page PermalinkFull Name: The Sound of Steam and Caffeine
I almost feel sorry for these
I almost feel sorry for these people. Almost.
Trump's Tax Plan is "Absurd"