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Re: The Senate tax bill is, at root, a middle-class tax hike to pay for a tax cut for the wealthy.

By: keystone in FFFT3 | Recommend this post (0)
Tue, 21 Nov 17 8:56 PM | 21 view(s)
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Msg. 38639 of 65535
(This msg. is a reply to 38638 by clo)

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Good Morning Clo!

That defines revolting.

A government that taxes the poor to subsidize the wealthy will fail. We are confirming a tax system where only those subject to mandatory withholding are paying their fair share.

It is obvious that reform of the income tax system must begin with realistic minimum taxes on the wealthy, and progressive rates where the wealthy pay more and more.

If we do not use our tax system to expand the so-called middle class, what the hell are they doing in Washington?

How can anybody honestly consider financing the interest payments made by Donald Trump and denying this to a middle class homeowner? These morons will destroy the housing market in Boston, DC, New York and California.

I do not believe that the Republicans in the Senate will approve of this lunacy.


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The above is a reply to the following message:
The Senate tax bill is, at root, a middle-class tax hike to pay for a tax cut for the wealthy.
By: clo
in FFFT3
Tue, 21 Nov 17 8:45 PM
Msg. 38638 of 65535

The Senate tax bill is, at root, a middle-class tax hike to pay for a tax cut for the wealthy.

98% of households making $5+ million get a tax cut.
27% of household making $30k-$100k get a tax cut.

New analysis just out:

http://www.taxpolicycenter.org/sites/default/files/publication/148831/2001605-distributional-analysis-of-the-tax-cuts-and-jobs-act-as-passed-by-the-senate-finance-committee_1.pdf


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