Trump and the tax code simplification

[showa58taro]

Few early thoughts, which we can flesh out as the actual plan fills in with Congress

It seems to be aimed at fucking over small businesses, the poor, and the people who care about the environment exceptionally well. It’s epic for the wealthy and billionaire class. It will be a windfall for investors and shareholders which will serve a massive one-off dividend.

It then falls apart on any level of detail which seems typical Trump. It’s hard to agree or object to a plan with this many blank spaces and missing pieces. It seems almost certain to explode the deficit. Rand Paul will be pleased.

[Jmac Attack]

My God.....is this guy out of touch, or what? Lmao


https://www.yahoo.com/news/millionaire- ... 53877.html

[Foo]

My God.....is this guy out of touch, or what? Lmao


https://www.yahoo.com/news/millionaire- ... 53877.html

If you do not want a tax cut, take it anyway and send it to me. I will make great use of it.

[Jmac Attack]

My God.....is this guy out of touch, or what? Lmao


https://www.yahoo.com/news/millionaire- ... 53877.html

If you do not want a tax cut, take it anyway and send it to me. I will make great use of it.

Never said I won't take it. I haven't even commented on his plan as I want to see the details. That guy though, is way out of touch though. I mean, he understands rich people, sure.

[Foo]

My God.....is this guy out of touch, or what? Lmao


https://www.yahoo.com/news/millionaire- ... 53877.html

If you do not want a tax cut, take it anyway and send it to me. I will make great use of it.

Never said I won't take it. I haven't even commented on his plan as I want to see the details. That guy though, is way out of touch though. I mean, he understands rich people, sure.

I know that GardenVarietyDemocrat.com is going to push negativity about everything these people try to do, but follow me for a moment.

If you have even a little additional money and you need a new car, does that help? If you are looking at a car, and the payment was $80 a month less, might that help you afford it? Ever know someone who buys a used car, but it is "new" to them? Might some extra money they get to keep that they earned help them?

I know because this guy is successful it means you must hate on him and try to tear him down, but maybe listen for a moment to people who are trying to help you instead of people who want to gin up news stories.

[Jmac Attack]

My God.....is this guy out of touch, or what? Lmao


https://www.yahoo.com/news/millionaire- ... 53877.html

If you do not want a tax cut, take it anyway and send it to me. I will make great use of it.

Never said I won't take it. I haven't even commented on his plan as I want to see the details. That guy though, is way out of touch though. I mean, he understands rich people, sure.

I know that GardenVarietyDemocrat.com is going to push negativity about everything these people try to do, but follow me for a moment.

If you have even a little additional money and you need a new car, does that help? If you are looking at a car, and the payment was $80 a month less, might that help you afford it? Ever know someone who buys a used car, but it is "new" to them? Might some extra money they get to keep that they earned help them?

I know because this guy is successful it means you must hate on him and try to tear him down, but maybe listen for a moment to people who are trying to help you instead of people who want to gin up news stories.

I know poor people who are out of touch too. See, this is why it is hard to even have a conversation with you. I don't begrudge those who are rich. You obviously do not get me, at all. You're the opposite. If someone is rich, they get a pass and shouldn't be scrutinized, and poor people suck. Christ, you probably think Trump built his businesses from the ground up, lmao. You probably think I have no rich friends. The ones I do have, are still in touch with reality. This guy.......I thought it was funny. Meh.

[Jmac Attack]

Someone making $100,000 a year can afford an actual new car, btw. Lmao. Yeah, $1000 does help with the payments. I am not a dipshit. But you think a family making $100,000 a year are driving $2500 cars from buy here pay here lots? Lulz.

[Tiggnutz]

I would rather see companies expand because larger tax breaks for lower and middle classes have enabled people to spend more on their product. I have more faith in this than counting on growth from larger tax breaks for the top.

[showa58taro]

I would rather see companies expand because larger tax breaks for lower and middle classes have enabled people to spend more on their product. I have more faith in this than counting on growth from larger tax breaks for the top.

Well this is a sentiment I can get on board with.

[Tiggnutz]

I would rather see companies expand because larger tax breaks for lower and middle classes have enabled people to spend more on their product. I have more faith in this than counting on growth from larger tax breaks for the top.

Well this is a sentiment I can get on board with.

Seems like common sense to me.

[showa58taro]

I would rather see companies expand because larger tax breaks for lower and middle classes have enabled people to spend more on their product. I have more faith in this than counting on growth from larger tax breaks for the top.

Well this is a sentiment I can get on board with.

Seems like common sense to me.

Not to conservatives. Or to whoever drew up this tax plan.

[Tiggnutz]

I would rather see companies expand because larger tax breaks for lower and middle classes have enabled people to spend more on their product. I have more faith in this than counting on growth from larger tax breaks for the top.

Well this is a sentiment I can get on board with.

Seems like common sense to me.

Not to conservatives. Or to whoever drew up this tax plan.

Never believed in the "trickle down" theory, not everyone invests extra money into business. I don't consider it greedy either if you own a business it's up to you how much you invest into it. It's just far more likely that when people in lower economic brackets get money they spend it strengthening the economy.

[showa58taro]

I would rather see companies expand because larger tax breaks for lower and middle classes have enabled people to spend more on their product. I have more faith in this than counting on growth from larger tax breaks for the top.

Well this is a sentiment I can get on board with.

Seems like common sense to me.

Not to conservatives. Or to whoever drew up this tax plan.

Never believed in the "trickle down" theory, not everyone invests extra money into business. I don't consider it greedy either if you own a business it's up to you how much you invest into it. It's just far more likely that when people in lower economic brackets get money they spend it strengthening the economy.

I’ve seen enough companies and corporations to know what drives them. It is not putting profits back into the economy.

[Tiggnutz]

I would rather see companies expand because larger tax breaks for lower and middle classes have enabled people to spend more on their product. I have more faith in this than counting on growth from larger tax breaks for the top.

Well this is a sentiment I can get on board with.

Seems like common sense to me.

Not to conservatives. Or to whoever drew up this tax plan.

Never believed in the "trickle down" theory, not everyone invests extra money into business. I don't consider it greedy either if you own a business it's up to you how much you invest into it. It's just far more likely that when people in lower economic brackets get money they spend it strengthening the economy.

I’ve seen enough companies and corporations to know what drives them. It is not putting profits back into the economy.

Profit drives them and I'm fine with that investors and stockholders want returns on their investment. CEO's making millions of dollars doesn't bother me either it's no different than paying an elite pitcher or quarterback millions of dollars it's perceived value to the company.

[Foo]

Someone making $100,000 a year can afford an actual new car, btw. Lmao. Yeah, $1000 does help with the payments. I am not a dipshit. But you think a family making $100,000 a year are driving $2500 cars from buy here pay here lots? Lulz.

$100,000 is not that much for a family depending on where you live especially. Taxes, mortgage, kids school.

Plus some people simply make different choices with their money. One person may choose to invest that money and stick with a cheap car, you know, so they can retire some day.

[Foo]

I would rather see companies expand because larger tax breaks for lower and middle classes have enabled people to spend more on their product. I have more faith in this than counting on growth from larger tax breaks for the top.

Well this is a sentiment I can get on board with.

Seems like common sense to me.

Not to conservatives. Or to whoever drew up this tax plan.

Never believed in the "trickle down" theory, not everyone invests extra money into business. I don't consider it greedy either if you own a business it's up to you how much you invest into it. It's just far more likely that when people in lower economic brackets get money they spend it strengthening the economy.

I’ve seen enough companies and corporations to know what drives them. It is not putting profits back into the economy.

Where do you put your extra money? Back into the economy in some way, right.

The corporate tax rate is for competiveness and to keep the money from being channeled to countries with better rates.

[Foo]

My God.....is this guy out of touch, or what? Lmao


https://www.yahoo.com/news/millionaire- ... 53877.html

If you do not want a tax cut, take it anyway and send it to me. I will make great use of it.

Never said I won't take it. I haven't even commented on his plan as I want to see the details. That guy though, is way out of touch though. I mean, he understands rich people, sure.

I know that GardenVarietyDemocrat.com is going to push negativity about everything these people try to do, but follow me for a moment.

If you have even a little additional money and you need a new car, does that help? If you are looking at a car, and the payment was $80 a month less, might that help you afford it? Ever know someone who buys a used car, but it is "new" to them? Might some extra money they get to keep that they earned help them?

I know because this guy is successful it means you must hate on him and try to tear him down, but maybe listen for a moment to people who are trying to help you instead of people who want to gin up news stories.

I know poor people who are out of touch too. See, this is why it is hard to even have a conversation with you. I don't begrudge those who are rich. You obviously do not get me, at all. You're the opposite. If someone is rich, they get a pass and shouldn't be scrutinized, and poor people suck. Christ, you probably think Trump built his businesses from the ground up, lmao. You probably think I have no rich friends. The ones I do have, are still in touch with reality. This guy.......I thought it was funny. Meh.

I don't demonize success because I am not a liberal slapdick. You think I am difficult because I do not agree. The people you call conservatives you know are probably RINOs or something. They tell you things you like to hear or that they think will not offend you.

[Tiggnutz]

I would rather see companies expand because larger tax breaks for lower and middle classes have enabled people to spend more on their product. I have more faith in this than counting on growth from larger tax breaks for the top.

Well this is a sentiment I can get on board with.

Seems like common sense to me.

Not to conservatives. Or to whoever drew up this tax plan.

Never believed in the "trickle down" theory, not everyone invests extra money into business. I don't consider it greedy either if you own a business it's up to you how much you invest into it. It's just far more likely that when people in lower economic brackets get money they spend it strengthening the economy.

I’ve seen enough companies and corporations to know what drives them. It is not putting profits back into the economy.

Where do you put your extra money? Back into the economy in some way, right.

The corporate tax rate is for competiveness and to keep the money from being channeled to countries with better rates.

I think you can lower both corporate and individual tax rate but I want more for the bottom on individual

[Foo]

I would rather see companies expand because larger tax breaks for lower and middle classes have enabled people to spend more on their product. I have more faith in this than counting on growth from larger tax breaks for the top.

Well this is a sentiment I can get on board with.

Seems like common sense to me.

Not to conservatives. Or to whoever drew up this tax plan.

Never believed in the "trickle down" theory, not everyone invests extra money into business. I don't consider it greedy either if you own a business it's up to you how much you invest into it. It's just far more likely that when people in lower economic brackets get money they spend it strengthening the economy.

I’ve seen enough companies and corporations to know what drives them. It is not putting profits back into the economy.

Where do you put your extra money? Back into the economy in some way, right.

The corporate tax rate is for competiveness and to keep the money from being channeled to countries with better rates.

I think you can lower both corporate and individual tax rate but I want more for the bottom on individual

For the average family, must of the savings will come from raising the exception amount so you do not pay taxes on the first dollars you earn every year. I think they were talking like $24k for a married couple.

You can't really lower the rate for the lowest earners any more because they do not pay as it is. You can put more people into that category to lower what they pay though.

[showa58taro]

I would rather see companies expand because larger tax breaks for lower and middle classes have enabled people to spend more on their product. I have more faith in this than counting on growth from larger tax breaks for the top.

Well this is a sentiment I can get on board with.

Seems like common sense to me.

Not to conservatives. Or to whoever drew up this tax plan.

Never believed in the "trickle down" theory, not everyone invests extra money into business. I don't consider it greedy either if you own a business it's up to you how much you invest into it. It's just far more likely that when people in lower economic brackets get money they spend it strengthening the economy.

I’ve seen enough companies and corporations to know what drives them. It is not putting profits back into the economy.

Where do you put your extra money? Back into the economy in some way, right.

The corporate tax rate is for competiveness and to keep the money from being channeled to countries with better rates.

Not in my experience. No.

And if that was the case then 2 things are going to fuck that plan. The territorial tax and the pass through rate.