Posted on 12/01/2017 1:49:51 PM PST by mdittmar
Watch live as the United States Senate debates the GOP tax plan. A possible vote is expected later today. This is a developing story.
LIVE: U.S. Senate Debates Ahead of POSSIBLE VOTE on GOP TAX Plan Today
Ping.
Where is everybody, I expected tons of people to be in here ?
It’s an endless series of votes on meaningless amendments trying to delay though passage at this point now seems inevitable ... and Pence is supposedly on the way!
By my count it’s 51 with Corker voting no on final vote to send to conference.
Guess it’s just you & me. Been watching all day & thank God Trump delivered this huge cut for the middle class
I was on Youtube watching live, but hey it was great! Finally and that is a good Christmas Present to the USA!
Youve proven that you are ignorant about the US tax system. There is a 0% tax bracket NOW. It will be LARGER with the new bill.
0 to $45K is in the 12% bracket under the Senate plan. If you mean the first “X” dollars are not taxed because of deductions etc. and want to call that a bracket then go for it. But it is not.
Every accountant that I have known has referred to people who pay zero tax as being in the zero tax bracket. It is and has been standard language and an accurate portrayal of the situation for a reason. That, of course, doesnt accurately describe the people that GET MONEY BACK THAT THEY NEVER PAID IN...which happens too. And, unfortunately, will still happen.
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.