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Thread: Id rather drink weed killer than not pass this bill.

  1. #31
    Thought Provocateur NightSwimmer's Avatar
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    Quote Originally Posted by Goofball View Post
    The ATM needs to go.
    Yeah. I'm sure it's cost you billions in lost tax loopholes.
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  2. #32
    Veteran Member carpe diem's Avatar
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    Quote Originally Posted by the watchman View Post
    so who would benefit from getting rid of the estate tax the most?
    Who benefits and who does not benefit have NOTHING to do with the simple fact that this money WAS taxed and is being taxed again. Everyone should see what is inherently wrong with this...

    The left has this thing about always being "concerned" about what others receive or gain...as if it bears upon their lives in any manner what so ever. Spoiled brats whining about what others have and making claims about what they THINK someone else deserves.

  3. #33
    Veteran Member HenryPorter's Avatar
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    Quote Originally Posted by Spookycolt View Post
    There is no huge tax break for the rich, those are liberal lies.
    No, you're lying. It at best is a clever charade but it's wealth transfer from the middle to the rich pure and simple. T hat is the only Rerpublican agenda.
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  4. #34
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    Quote Originally Posted by carpe diem View Post
    Who benefits and who does not benefit have NOTHING to do with the simple fact that this money WAS taxed and is being taxed again. Everyone should see what is inherently wrong with this...

    The left has this thing about always being "concerned" about what others receive or gain...as if it bears upon their lives in any manner what so ever. Spoiled brats whining about what others have and making claims about what they THINK someone else deserves.
    I'm not like that at all. I'm quite confident that I deserve more than do you.
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  5. #35
    told you so Amelia's Avatar
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    Quote Originally Posted by Singularity View Post
    The bill contains a cut for pass-through firms to 25% down to 40% and ends the alternative minimum tax. It's a huge tax break for the rich. That's going to be millions for some people.

    Meanwhile, it cuts out the deductions for teachers who buy school supplies for their classrooms.
    Last edited by Amelia; 9th November 2017 at 08:00 AM.

  6. #36
    Veteran Member Moorhuhn Wanted Champion Hollywood's Avatar
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    Quote Originally Posted by Spookycolt View Post
    There is no huge tax break for the rich, those are liberal lies.
    All kinda' depends on the definition of "huge", doesn't it?
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  7. #37
    told you so Amelia's Avatar
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    Quote Originally Posted by Singularity View Post
    Anyway, this boondoggle is likely dead, they might be able to get some bipartisan fixes passed but that well is also kinda poisoned after all the work that was put in to Alexander-Murray only to have the president unilaterally kill it. Tuesday's election leaves blue state Republicans scared shitless, and they alone decide whether there's a working majority or not. They're not going to pass SALT deduction repeal, and probably not mortgage deduction repeal, and without that the bill runs smack into the deficit ceiling of $1.5 trillion.

    The 2018 election is now a choice between a Republican coalition that can't functionally get anything done, and a Democratic-led one that also will not get anything done (because Trump will veto everything they pass out of pique if nothing else) but will at least be able to deny funding for Trump's worst excesses and investigate him freely.

    This is about the size of it.

  8. #38
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    Quote Originally Posted by Goofball View Post
    The ATM needs to go.
    The problem is that many people do not understand that the mechanics of the AMT does not impact the evil 1%ers. The group impacted most by the AMT are what I guess some would label the upper middle class. I am not rich by most fiscal definitions and I assure that I am not a member of the 1% club, but the AMT impacts me so I don't get the full use of the exemptions and deductions available. At the minimum, the mechanics of the AMT must be revisited and adjusted so that it will not harm upper middle class Americans, assuming that the perception is it should target the 1% club, which it certainly does not do in its current form. The AMT applies to ordinary income the income from capital gains receives a varying treatment, which is where the 1% club lives.
    Last edited by TheWahoo; 9th November 2017 at 08:07 AM.
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  9. #39
    Veteran Member Moorhuhn Wanted Champion Hollywood's Avatar
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    Quote Originally Posted by Spookycolt View Post
    I wasn't addressing the article, I was addressing your comments which are part of the OP.
    Then maybe you sould make your comments more clear.

  10. #40
    Veteran Member Moorhuhn Wanted Champion Hollywood's Avatar
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    Quote Originally Posted by Spookycolt View Post
    And how many people fall into that category lol.

    I can tell you this, its certainly not the rich dude who kind of has to die to get that tax break.
    "Rich dudes" tend to leave rich families behind. Duuuuuh....
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