Skeptical on the tax cut by Trump

[JustRalph]

Originally Posted by linrom1

Why is this a problem? Of course if one eliminated all tax on super wealthy than it would be great?

No skin in the game

[chadk66]

Originally Posted by FantasticDan

Wow, just a couple days ago you said you re-did them and would save $5K. Can't wait to check back with you this weekend when you'll be saving $8K!

that was a quick go over. I spent more time on it and I had messed up on one deduction. Like it more everyday.

[chadk66]

Originally Posted by Burls

No FEDERAL tax.
But they pay PAYROLL tax, SALES tax, etc.

payroll tax is federal tax

[JustRalph]

Originally Posted by chadk66

payroll tax is federal tax

That’s what I thought........they don’t pay federal

[JustRalph]

http://www.washingtonexaminer.com/th...rticle/2643536

Best for rich?

I still think it dies.....Rubio going to take it down

[Lemon Drop Husker]

Well, according to the never lying CNN the blue states of California, New York, Illinois, etc., are some of the biggest benefactors of this tax bill if you truly are middle class.

http://www.cnn.com/2017/12/13/politi...ill/index.html

[Lemon Drop Husker]

Originally Posted by JustRalph

http://www.washingtonexaminer.com/th...rticle/2643536

Best for rich?

I still think it dies.....Rubio going to take it down

Struggling to find it getting through the Senate.

[zico20]

Originally Posted by Lemon Drop Husker

Well, according to the never lying CNN the blue states of California, New York, Illinois, etc., are some of the biggest benefactors of this tax bill if you truly are middle class.

http://www.cnn.com/2017/12/13/politi...ill/index.html

I played with that calculator they provided. The biggest beneficiaries are people who have two or more kids. It doesn't seem to matter what income bracket you are in as far as what percent you are going to get reduced. Kids are the number one selling point to this tax plan.

[forced89]

Originally Posted by JustRalph

I still don’t think this is going to happen. Somebody is going to muck this up...

I tend to agree. Too many moving parts...

[Lemon Drop Husker]

Originally Posted by zico20

I played with that calculator they provided. The biggest beneficiaries are people who have two or more kids. It doesn't seem to matter what income bracket you are in as far as what percent you are going to get reduced. Kids are the number one selling point to this tax plan.

Shouldn't they be?

Isn't the American Dream owning your own home, with a family of 2 or more kids, being able to afford well for your family and give forth a same or better dream/life for your children in the future?

[Clocker]

Originally Posted by Lemon Drop Husker

Isn't the American Dream owning your own home, with a family of 2 or more kids, being able to afford well for your family and give forth a same or better dream/life for your children in the future?

If two people make the same wage and one is single and the other has two kids, why should the one with two kids get a tax break? Why should the single guy subsidize the married guy's "American Dream"?

Look at the facts. The guy with two kids is using a lot more government services than the single guy, but paying a smaller share of the costs. Or no share at all if his two kids puts him into the category that pay no federal taxes. How is that the "American Dream"?

[Lemon Drop Husker]

Originally Posted by Clocker

If two people make the same wage and one is single and the other has two kids, why should the one with two kids get a tax break? Why should the single guy subsidize the married guy's "American Dream"?

Look at the facts. The guy with two kids is using a lot more government services than the single guy, but paying a smaller share of the costs. Or no share at all if his two kids puts him into the category that pay no federal taxes. How is that the "American Dream"?

You are arguing against a single guy with no kids.

[Lemon Drop Husker]

Originally Posted by Lemon Drop Husker

You are arguing against a single guy with no kids.

For the greater good.

[JustRalph]

Originally Posted by zico20

I played with that calculator they provided. The biggest beneficiaries are people who have two or more kids. It doesn't seem to matter what income bracket you are in as far as what percent you are going to get reduced. Kids are the number one selling point to this tax plan.

Keep it down, you will ruin the GOP Rep!

[Clocker]

Originally Posted by Lemon Drop Husker

For the greater good.

This argument is usually focused on education. It is debatable in theory, but a failure in practice. Much of that failure falls on the federal government, which has turned the public schools into day care centers providing safe spaces that turn kids into snowflakes, protected from the real world.

Decisions about, and funding for, education belong at the local level. That gives parent a greater role in the education of their children, and gives non-parents the option of considering local taxes in the decision as to where to live.

And I would also point out that there is nothing in the Constitution that suggests a role for federal involvement in education.