Enjoy your tax cuts that phase out
This is a big win for "his team", don't you get it?Sad. You trashed Trump in this post more than an illegal alien killer. You truly do have TDS.
Not a final bill yet and this is one of the reasons.This is another lie. They don't just automatically phase out, regardless. The only way they'll be allowed to phase out is if greedy Democrats are in power and purposely allow them to.
Obama signed a law extending all of the Bush tax cuts for two years in 2010 and almost all of them indefinitely in 2013. The big features of Bush’s plans – the 10 percent tax bracket, across-the-board rate cuts, more generous estate-tax exemptions and equal standard deductions for married couples and two individuals – are now locked into U.S. law.
Try again.
It's a stumbling block for a reason and of course if passed, yes it's possible and currently designed that way, 2027. lolTry again, what? You're talking in absolutes when it's not a given that they are going phase out, only a possibility. They don't phase out no matter what, nothing can be done about it. They have to be allowed to phase out.
The plan is for Congress to reimplement them when the time comes. That's why it matters who's in power. A Republican majority isn't going to allow them to phase out.
Overcome by record profits and frozen wages. I follow the markets fairly closely. The truth is there is wage inflation in places like China so some have already decided to come back. This is classic republican spin for corporate welfare. Drain the swamp!! What a freakin' joke!
Not a final bill yet and this is one of the reasons.
They extended the Bush tax cuts. Try again.
http://www.kentucky.com/news/politics-government/article44550042.html
Yes, possible. You're posting like it's a forgone conclusion that they automatically phase out, no ifs, ands or buts. Like I said, that's a lie.yes it's possible
That's how it's currently written. Anything to the contrary is a complete fabrication. As are eliminating state/local tax deductions and mandatory FIFO with regards to capital gains taxes no matter how long you've been investing in a security. Why TF do you think it's stalled all of a sudden? Your people don't like some of these provisions.Yes, possible. You're posting like it's a forgone conclusion that they automatically phase out, no ifs, ands or buts. Like I said, that's a lie.
This paragraph makes absolutely zero sense and sums up most of your posts. Just like fuzz, your posts are mainly regurgitated, nonsensical talking points that you heard on CNN.
I realize you guys tend to think 1% - 2% growth is normal, but it's not. Far from it, actually. No matter how well the economy is starting to do, it can still do much better.
This is like saying Curry shouldn't try to better his jumper because he's already shooting so well. How retarded is that?
Please. If our allies are alienated because they can't handle savage, third world peasants possibly getting the fragile feelings hurt, then f*** 'em. If Muzzies don't want to be called out for their behavior then maybe they should act accordingly.
Europe, and the rest of the world, can bend over to appease the radical shit stains, but thankfully Trump won't, and in case you missed it, that was one of the main reasons he won. Most in this country are perfectly fine with calling a spade a spade, including military/law enforcement all over the Muslim world.
Yeah, it was Trump that sat back and watched NoKo develop a nuclear capability. Your slip is showing, James.
In my opinion, corporate income taxes should be zero. Politicians have done a good job selling poorly educated voters on the idea that what corporations pay in taxes offsets what we would otherwise have to pay in taxes as individuals. The problem is corporations pass through the taxes in the price of their products. They don't actually pay taxes. We pay them when we purchase their products. Corporations cannot operate in the long run at a loss. They have to recover all their expenses, including taxes, through the price of their products. All that is being accomplished with corporate income taxes is that we have no idea what percentage of our income actually goes to taxes because some of it is hidden in the price of products and services we buy. This allows politicians to raise taxes without getting the push back from citizens they would get if those taxes were directly taken out of our pay.Do you not understand WHY the corporate tax is being lowered?
They’re overcoming the tax by moving factories out of the country. Do you know who that hurts while the company still makes a profit, and the govt still gets the tax money?
Only your fellow citizens, so you go ahead with your tantrum while grown folk go about trying to help citizens.
The rest of your post are emotional ramblings.
This would be incredible.
That's how it's currently written.
It gets closer and closer every day IMO. Events like today are making it close to inevitable.There will be a civil war. I have zero doubts. It will happen in Europe and here. It's inevitable.
Put your pointy hat on already.
Huh? You people think that giving more concessions to the corporation benefits workers in jobs and wages. Will Rodgers called it Trickle Down during the Hoover administration.Record profits don’t mean squat to the American worker if the company is making those profits by using foreign workers.
Wages are frozen because manufacturing job losses are being replaced by service sector jobs that simply don’t pay as much.
Jesus Christ, it isn’t rocket science. The Dems are opposing this because they know it’ll work, and only further their loss of blue collar voters.
I am with you except for the notion that politicians are raising corporate taxes. That would be a death sentence for any pol and is why the corporate tax rate has steadily declined for decades to the lowest level it's ever been in the US. This is what they never tell us in this race to the bottom.In my opinion, corporate income taxes should be zero. Politicians have done a good job selling poorly educated voters on the idea that what corporations pay in taxes offsets what we would otherwise have to pay in taxes as individuals. The problem is corporations pass through the taxes in the price of their products. They don't actually pay taxes. We pay them when we purchase their products. Corporations cannot operate in the long run at a loss. They have to recover all their expenses, including taxes, through the price of their products. All that is being accomplished with corporate income taxes is that we have no idea what percentage of our income actually goes to taxes because some of it is hidden in the price of products and services we buy. This allows politicians to raise taxes without getting the push back from citizens they would get if those taxes were directly taken out of our pay.
I think any hidden taxes like this should be eliminated altogether. If we could easily tell what we are paying in total taxes it would create a check against government spending. With hidden taxes, it reduces that check by allowing government to raise taxes in areas where citizens don't realize it affects them. In my mind, this is poor public policy and only benefits politicians.
A side benefit would be that business would be much more competitive operating in this country which would create jobs.
They don't pay taxes anyways. Are they they expecting them to be given even more low income bonuses and get twice as much back?
Therein lies the sticking point for republicans. What if it's necessary to end in 2027 and they can't be extended? Iow, what if the budget is pure shit as it often is with govt budgets and projections? The idea that there is no guarantee to be extended, irks republicans so it's stalled without a vote since they can't win right now.Again, that's a lie. The phase out is not guaranteed (unless Democrats are in power). It's a safety measure to make the budget math work. When the time comes, if it's not necessary, they do not have to be phased out. You claiming it's guaranteed is the only fabricating taking place.
What if it's necessary to end in 2027 and they can't be extended?
Huh? You people think that giving more concessions to the corporation benefits workers in jobs and wages. Will Rodgers called it Trickle Down during the Hoover administration.
WTF Bill? There is so much corporate profit that is contrary to that belief but you sheeple keep buying that line over and over and over.
Let me be clear. Operation expense or wages is the number 1 highest cost to a business. With record corporate profit as witnessed by a long bull market economy, we've had plenty of time for rising wages or repatriation of foreign assets or factories built here instead of overseas. We're just not seeing enough of it as compared to executive bonus pay, stock buybacks and dividends. This leads to the largest disparity of wealth in human history as history repeats itself over and over and over again.
YOU'RE the actor, the defender, the politician. I'm pointing out how it'sThis country hardly ever goes an entire decade without revisiting its tax policy. There's a better chance they get renewed/adjusted well before '27 even gets here, especially if Trump wins another term.
Again, you acting like they're guaranteed to phase out is a lie. You sound like a woman, guaranteeing/complaining about something she thinks, could, eventually, possibly, maybe happen a decade from now.
The idea was moving them overseas would lead to higher wages for the jobs here. This hasn't happened in 40 years Bill. Why would more concessions in the form of lower taxes change this mindset?I completely agree with your last paragraph. You cannot replace manufacturing workers with service sector workers and expect wages to increase.
Profits are high and CEO’s are getting ridiculous payouts and golden parachutes because they have moved the labor to third world countries. So how do you even the playing field where American workers with higher wages can compete with third world workers?
You can either levy tariffs on imports, or lower taxes. They ain’t coming back on their own if we keep doing the same ol same ol.
The scenario you provide only benefits the Govt, and the companies. High taxes, offshore factories. That means more And more people dependent on the Govt, you cool with that? That isn’t freedom.
Wouldn' lower taxes invite more foreign industry here.....which would be more jobs. Regardless the govt needs less money in its hands..periodThe idea was moving them overseas would lead to higher wages for the jobs here. This hasn't happened in 40 years Bill. Why would more concessions in the form of lower taxes change this mindset?
Anyway good nite Dude. Sleep well.
I'm pointing out how it's
WRITTEN
The lie comes straight from you that democrats are holding up this legislation
It could happen in 2027 but it's not GUARANTEED to happen.
Yes, because their rich donors want a tax break. Republicans have already told us why they are doing it.Do you not understand WHY the corporate tax is being lowered?
They’re overcoming the tax by moving factories out of the country. Do you know who that hurts while the company still makes a profit, and the govt still gets the tax money?
Only your fellow citizens, so you go ahead with your tantrum while grown folk go about trying to help citizens.
The rest of your post are emotional ramblings.
Yeah, I'm sure it's as accurate as the millions of illegal voters b.s. Only people caught voting illegally were Trump voters
I love how a pedophile thinks he's got Christian values. That dude is nothing but a fraud. HIm and all other pedophile protectors down in Alabama.
2017...keeps topping itself as dumbest year ever
"Judge Roy Moore shoots Jimmy Kimmel" would be one helluva headline