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GOP lawmaker to float bill for permanent individual tax rates
The Washington Times ^ | December 29, 2017 | Sally Persons

Posted on 12/29/2017 11:35:54 AM PST by jazusamo

Rep. Rodney Davis said Friday that he plans to introduce a bill to make the tax changes for individuals permanent.

“We’re going to introduce a bill to make them permanent and I hope that many of the Democrats who talk about making them permanent will join me in supporting this legislation,”

(Excerpt) Read more at washingtontimes.com ...


TOPICS: Business/Economy; Government; News/Current Events; Politics/Elections
KEYWORDS: individualtaxrates; permanent; repdavis; rodneydavis; taxcuts
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To: lightman
Restoration of full SALT deductability = GREAT.

With the raise in the standard deduction, and the lowering of the tax rates across the board, there is absolutely no reason to have SALT deductability.

21 posted on 12/29/2017 2:35:44 PM PST by Go Gordon
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To: jazusamo

Are these rates going to be tattoos or chips?

Do the legislators allow for individuals to control their income and accounting records?

Hourly billing is a game.....Just ask S.C. Mueller and friends.


22 posted on 12/29/2017 3:06:30 PM PST by ptsal ( Get your facts first, then you can distort them as you please. - M. Twain)
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To: ptsal

Ha!... What a windfall for Mueller when appointed, I wonder what percentage he’s giving Rosenstein.


23 posted on 12/29/2017 3:18:10 PM PST by jazusamo (Have YOU Donated to Keep Free Republic Up and Running?)
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To: lightman

no - getting rid of SALT is a good thing. I’d also prefer elimination of all deductions. Stop having the government “approve” things - have a standard deduction and cut tax rates across the board. Stop subsidizing stupid things (higher home prices, higher local/state taxes, etc).


24 posted on 12/29/2017 3:37:46 PM PST by rb22982
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To: plain talk

The corporate rates are permanent.


25 posted on 12/29/2017 3:38:15 PM PST by rb22982
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To: Go Gordon

Exactly - less than 10% of the country will be itemizing with the new bill and it would be barely more even with full SALT restoration. It just benefits the wealthy in very liberal states.


26 posted on 12/29/2017 3:39:14 PM PST by rb22982
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To: rb22982

Thanks.


27 posted on 12/29/2017 3:39:34 PM PST by plain talk
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To: jazusamo

Thanks for the ping Jaz.


28 posted on 12/29/2017 9:05:52 PM PST by GOPJ ( Peter Strzok effing 'elite' FBI assh*le: Fire & Policemen & traditional Americans shop at Walmart)
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