There will be no tax cuts...the market will crash..Trumps fault..bet on it
I do bet on it. I have said from the get go, the day after Trump won, that the REAL battle was afoot and that Trump needed to be prepared. I can’t blame Trump for believing that once he won the election the GOP would finally line up behind him. But he was foolish for thinking so.
The Senate is broken as an institution. Trump needs to hit the rally circuit NOW and start blasting the Senate as obstructionist. He needs to blast it as an institution as a whole, not just the GOP. When Dirty Harry Reid ran the place NOTHING got through there. Mitch is marginally better.
The Senate has become the haven for the status quo DC set.
“There will be no tax cuts...the market will crash..Trumps fault..bet on it”
That’s the GOP’s intent. They are #resisting Trump as hard or harder than the demoncrats. They want him to fail so the corrupt swamp can go back to business as usual.
Most Repuki ‘congressmen’ voted for that treasonous harpy, hillary. 80-90% range. I would stake my life on it.
“There will be no tax cuts...the market will crash..Trumps fault..bet on it”
from what i read these tax cuts are like obamacare: all smoke and mirrors. first they double the standard deduction to $12K or $24K, but then they eliminate the personal deduction of $4050 per person. then all the deductions that the average middle class American can take are being capped or eliminated. and if you take the standard deduction, you can’t itemize can you? so, how is this a good deal for average jane and joe taxpayer?
even older taxpayers on social security or other fixed income will have their extra deduction removed.
just like obamacare, where the young and healthy are picking up the tab for the high risk enrollees, it looks like the average taxpayer is picking up the tab for all the other real cuts in tax rates for the wealthy that are being championed in both proposals.
it’s funny, how the government under obama could just find $500 million for solyndra or $150 billion for Iran without the CBO sticking their 2 cents in, but for some reason the CBO has to have their say when the deductions for the middle class are supposedly going to bankrupt the economy?
http://www.steverichardsoncpa.com/the-proposed-new-tax-law/