Posted on 11/15/2017 2:12:50 PM PST by Coronal
The gop faction of the uniparty is bound and determined to lose in 2018. They yearn for the days of old as a minority party. They never had to actually lead, just split up their share of the loot.
Politics is a scam and we’re suckers for playing.
No they wont get anything passed. But they’re not stupid. Evil, scheming, amoral pieces of trash. But not stupid. The gop faction of the uniparty is trying to lose the 2018 election by any means necessary.
Politics is a scam and we’re suckers for playing.
Why is it a phony reason? Senator Johnson actually ran a business before becoming a Senator and is probably one of the more savvy Senators in office today.
If he’s concerned about the impact on small businesses of this tax bill, as currently structured, then owners of small businesses will very likely learn that they have a problem with it too. Better that they learn it today than after it’s passed.
This scumbag POS got elected as a “Tea Partier”. Back in 2010 these opportunist POS’es knew which way the wind was blowing so they got on board.
I’d rather call you on it. Why is Senator Johnson’s claim “completely false.”
Because I’m betting he knows exactly what he’s talking about and that as a result small business owners will find they have a problem with the bill as structured.
They give with one hand & take with the other .
In our case - they’ll take more than they give
Sen. Johnson raises valid points here, but anyone in business who is in a high tax bracket surely has the resources to conduct business as a corporation instead of as a sole proprietor or partnership.
I am a life long bookkeeper-—someone please explain to me what a ‘non-corporation’ is.
Are they talking about a ‘partnership?
A self employed person? on Schedule C on the 1040?
What?
Another worthless politician.
I own a business that reports its net income on a “Schedule C”. That net income is a component of my Adjusted Gross income on page 1 of my 1040.
If our “goal” is to tax “business income” at 20%, why not simply:
1. delete all Schedule C income from our calculation of “Adjusted Gross Income” on page 1,
2. calculate the tax due on the remaining components of AGI and then
3. add a tax computed at 20% of “Schedule C” as an “additional tax” on page 2 of my 1040?
Won’t that get us to our “goal”?
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.