Posted on 10/30/2017 9:54:57 AM PDT by NaturalBornConservative
And around and around we go simply rearranging the deck chairs.
Careful, according to the Social Justice Warriors on Free Republic, only those “rich people” in California and New York get screwed by this plan.
They are likely to call you a whiner if you don’t agree with their hateful, and stupid, gibberish.
It lacks enough Republicans with the cajones to vote for it.
And what about charitable deductions? Eliminating them as a write off will destroy their ability to collect any donations.
And besides, they’re tired of “subsidizing” us anyway lol
“It lacks enough Republicans with the cajones to vote for it. “
I actually consider it a positive that Republicans may not vote for a TAX HIKE!
Charitable deductions remain.
But they are going after 401k limits, Mortgage Deduction and SALT deductions.
MASSIVE TAX HIKE ON THE MIDDLE CLASS!
Steve Forbes had a simple “post card” Form 1040. 20 some years ago. Simplify the process. Revenues will rise from such reform. Then cut the tax rate...
Is it really fair to post the whole article? You rob the author of most of the site traffic that would be generated by interested parties who want more info. That said great article & thanks for posting.
A year ago I was sure Steve Forbes would be a key part of President Trump’s economic team.
He would have been a great Veep, imo.
Don't snicker that is about enough for a cup of coffee every two weeks.
Noted.
This idiotic bill will raise taxes on the upper middle class. It is a ryan brady scam to help fund their donors big tax cut. Brady is a slimeball as traitorous as ryan. Both should be hanging from trees.
Actually, because they are also raising the bottom tax rate from 10% to 12%, that $165 of savings turns into a $20 tax hike.
LOL — If you’re not against the elimination of tax subsidies but think the elimination/reduction of subsidies is a good thing then you’re a Social Justice Warrior in your mind? Wow!
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Steve Forbes had a simple “post card” Form 1040. 20 some years ago. Simplify the process. Revenues will rise from such reform. Then cut the tax rate...
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There are those of us whom believe Fedzilla steals ENOUGH of our property. Two of the biggest CONS I can think of: 1) Still involuntary 2) Still doesn’t cover 100% of the public (use govt, PAY for govt).
No 16th and a NRST (nat. retail sales tax), the ONLY way to go.
I as well. Disappointed S. Forbes not given a greater role in the Trump Admin. At least in an advisory capacity. Oh well, there is still 7 years...//
Not opposed to the NRST. However, we just can’t get there from here. Would take years to explain it to most. We need tax reform now.
Subsidies?
Who is getting a subsidy?
These are called deductions so that people can pay less tax to the Feds.
You take those deductions away and they pay more tax.
Ergo, TAX INCREASE.
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