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BREAKING: US Senate Passes Historic Tax Reform Package, 51-49
Townhall.com ^ | December 2, 2017 | Guy Benson

Posted on 12/02/2017 1:37:52 AM PST by Kaslin

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To: Dusty Road

Fair tax will NEVER happen. There are too many Special Interests who have literally bought Congressional Votes to maintain the existing Income Tax Code.


201 posted on 12/02/2017 7:03:11 AM PST by Old Retired Army Guy
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To: Jarhead9297

How much of this disparity of taxes sent to the fed gov vs tax money returned to these states is due to the small, but very impactful, number of super rich who live in these states? High taxes on the rest are just that, high taxes. Somehow these states keep voting in liberal leaders, much to the frustration of us conservatives.


202 posted on 12/02/2017 7:04:43 AM PST by Freee-dame (Best election ever.)
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To: Jarhead9297

So did you mean “shoulder”?

Also, it isn’t really surprising that high population states send more total dollars than low population states.


203 posted on 12/02/2017 7:05:05 AM PST by MileHi (Liberalism is an ideology of parasites, hypocrites, grievance mongers, victims, and control freaks.)
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To: SkyPilot

The medical expense itemized deduction hasn’t gone away. It has actually been liberalized — at least for two years. The threshold for the deduction of those expenses has been reduced from 10% of income to 7.5% of income.


204 posted on 12/02/2017 7:05:32 AM PST by House Atreides (BOYCOTT the NFL, its products and players 100% - PERMANENTLY)
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To: doosee

Can anybody explain truly what the pass-through is that is what affects me the most. I feel like the raising of the brackets makes this all OK because I look at it in where I am text at 39.6% now for 70,000 in income that actually moves way up and 70,000 Would be taxed at 24% so that is a pretty significant reduction if you look at the splits on the brackets however the pass-through is a big concern to me because at first it was 25% and now it seems that you’re allowed to deduct 23% and the rest gets taxed that your normal tax rate so I’m a little confused


205 posted on 12/02/2017 7:05:52 AM PST by genxer
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To: TheStickman

I agree with your premise. Let the entities tax individually. And see JarHeads response to my post 171.

Conservative? JH is the “conservative” response. But, then you get into a discussion of the “true” definition of a conservative and people starting to measure their appendage.


206 posted on 12/02/2017 7:06:18 AM PST by Texaspeptoman (Even canabels... get feed up with people sometimes.)
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To: SkyPilot

Difference between state and fed taxes. Not a ‘double’ tax.


207 posted on 12/02/2017 7:08:06 AM PST by Jane Long (Praise God, from whom ALL blessings flow.)
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To: Dusty Road

Stop the SALT and we’ll see if your right. Watch the net income of people in those states drop due to paying their own taxes instead of putting that burden on the rest of us and it’s a game changer. I’m getting closer and closer to 70 and I tire of supporting others who’ve made bad decisions in their lives. Don’t like paying state taxes then get out of that state. End of story!


Amen.


208 posted on 12/02/2017 7:09:39 AM PST by Jane Long (Praise God, from whom ALL blessings flow.)
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To: Kaslin
Every Republican voted yes, except for Tennessee's Bob Corker.

He needs a blanket party.

Democrats uniformly voted no.

Real RATs DON'T cut taxes.

(enemies of the American People)

209 posted on 12/02/2017 7:10:49 AM PST by ROCKLOBSTER (RATs, RINOs...same thing)
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To: familyop
Maine's Susan Collins that mirrors the House-passed SALT (state and local tax deduction) compromise."

Blanket party.

210 posted on 12/02/2017 7:12:13 AM PST by ROCKLOBSTER (RATs, RINOs...same thing)
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To: SkyPilot

We should switch to a small flat tax (e.g., 10%), forget about revenue neutrality, remove withholding, and remove *every* deduction. 10%, period.


211 posted on 12/02/2017 7:13:04 AM PST by dinodino
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To: deport
Sen. Bob Corker, R-Tenn., was the only lawmaker to cross party lines, joining the Democrats in opposition.

An anti-Trump badge of honor for him no doubt.

Marsha Blackburn will be a welcome relief.

212 posted on 12/02/2017 7:13:29 AM PST by mac_truck (aide toi et dieu t'aidera)
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To: Old Retired Army Guy

(Fair tax will NEVER happen. There are too many Special Interests who have literally bought Congressional Votes to maintain the existing Income Tax Code.).............

I know it but they can not stop my dreams of a better world.


213 posted on 12/02/2017 7:13:53 AM PST by Dusty Road (")
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To: Texaspeptoman

I’ve never been interested in the “who’s more conservative” BS. That’s schoolyard stuff, IMO.

I have no issues with JH’s ideas he posted to you.

I just find it odd to see so many complaining about achieving what I’ve always thought conservatives always wanted because it causes them personal pain. To think the US tax system can be altered in any fashion in a way that doesn’t cause pain to some is just not realistic, IMO.


214 posted on 12/02/2017 7:14:19 AM PST by TheStickman (#MAGA all day every day!)
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To: momincombatboots
When their six kids have grown, they will just love subsidizing, or will they?

Those six kids will each have six kids we will subsidize.
And each of those will have six, who will have six, who will have six......

And, within a few generations the USA will be the third world hell hole the Dems have been hoping for.

215 posted on 12/02/2017 7:17:18 AM PST by Skooz (Gabba Gabba we accept you we accept you one of us Gabba Gabba we accept you we accept you one of us)
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To: Jarhead9297

Can you or have you ever posted anything good about our president?

You have blinders on.

Do both of us a big favor don’t ping me with your tired Never Trump BS.

Please ping me when you post your good thoughts about the constitution and the inner workings of congress.


216 posted on 12/02/2017 7:17:49 AM PST by Grampa Dave (The fastest way to drain the DC swamp is to simply expose it! Sunlight does aid in evaporation!)
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To: semantic

Gee I always remember it the easy way. Ending in ol the o stands for office and ending in al the a stands for cash.


217 posted on 12/02/2017 7:17:54 AM PST by eastforker (All in, I'm all Trump,what you got!)
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To: mac_truck

He be gone or so he says. But he can be a thorn until that happens...

Corker has indicate he will retire at the end of 2018.

snip
Sep 26, 2017 ... Tennessee Republican Sen. Bob Corker said Tuesday he will
retire at the end of 2018.

http://www.cnn.com/2017/09/26/politics/bob-corker-not-seeking-re-election/index.html


218 posted on 12/02/2017 7:21:04 AM PST by deport
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To: Skooz
Those six kids will each have six kids we will subsidize. And each of those will have six, who will have six, who will have six......





"...and so on...and so on...and so on......."

219 posted on 12/02/2017 7:21:23 AM PST by dfwgator
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To: TheStickman

Most do not understand that the global socialists have structured the tax system to benefit everyone in some way.

Reform of any kind will mean some will lose those benefits they think are so valuable.

In truth, those benefits are hollow nothings that should never have existed in the first place if the constitution was honored.

But this is why simplifying the tax code is becoming more and more difficult, even for self-identified conservatives.


220 posted on 12/02/2017 7:21:29 AM PST by Erik Latranyi (The largest and most dangerous hate-group in the US is now the Democratic Party)
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