GOP Tax reform ready to pass by Christmas

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  1. jackclee lm profile image81
    jackclee lmposted 10 months ago

    The House and Senate has reconciled their differences on the tax reform bill.
    It is on the way to passing before Christmas break.
    What do you think of the new bill?
    Are you personally affected? Positively or Negatively?
    Will it help our country compete in a global market?
    With it make America Great?

    1. wilderness profile image98
      wildernessposted 10 months agoin reply to this

      Will have very little immediate effect on me.  Long term, though - I suspect the deficit is going to be far, far higher than projected.  Higher than it is now, in fact.

      1. jackclee lm profile image81
        jackclee lmposted 10 months agoin reply to this

        Since when a liberal democrat worry about deficits? When Barack Obama drove up the deficts from 10 trillion to 20 trillion... not one on either side of the aisle complained...

        1. profile image0
          ahorsebackposted 10 months agoin reply to this

          Time to pay for those free cell phones , bus rides to the polls , tripling  food stamp allocations  and
          wasted  highway stimulus  programs ,   Even Planned Parenthood had to sell fetus parts to supplement their income losses ,     

          China pwns us day in and day out .

        2. wilderness profile image98
          wildernessposted 10 months agoin reply to this

          Since a Republican suggests it.  sad

  2. profile image0
    ahorsebackposted 10 months ago

    Jack , Are you trying to inject reason into the fact that even the  Trump Obstructionists people will gain
    money from the Tax reforms AND you think they will acknowledge it ?

    1. jackclee lm profile image81
      jackclee lmposted 10 months agoin reply to this

      Tax reform is long over due. Even though I prefer the Fair Tax, this reform is better than none.
      I support it and hope all will see the benefits down the road.
      For those in Congress that worry about driving up the debt, Senator Corker, I am speaking to you directly and to some of my fellow Americans, stop spending and that should reduce the deficits and the debt.
      At a time where the IRS is collecting record revenue, we should be cutting taxes and reducing spending to reduce our deficits...and debt. The economy is growing thanks to business friendly reforms and the natural business cycle. Now is the time...

      1. wilderness profile image98
        wildernessposted 10 months agoin reply to this

        CBO projects the deficit to be around 170B, down from current 660B.

        1. jackclee lm profile image81
          jackclee lmposted 10 months agoin reply to this

          Yes, but since when have the CBO been right in their projections? The ACA being a prime example...

  3. profile image0
    ahorsebackposted 10 months ago

    China 'OWNS 'us day in and day out .

  4. profile image59
    MAGNUUMposted 10 months ago

    Do the math, your personal tax credit raised from $1200 to $2400 per dependent. Tax lowered from 25% to 10%. To any average wage earner that is part of the promise to Americans. Democrats in congress are running scared with threats of TA Relief allowing American workers to keep what is rightfully theirs. You never see them take a CUT in congressional pay or pay into S/S or medical benefits. Follow your money not the ten year plan of the two party system. What did you or most Americans get from Obama spending of 10+ trillion dollars in 8 years ?

    1. profile image0
      ahorsebackposted 10 months agoin reply to this

      Understand that liberals know all to well that the sacrifice of entitlement spending is imminent with tax cuts ,   THAT and only THAT  is the main concern always to that side of the political fence.

      Trump could in eight years totally eliminate the national debt ;
      AND what would liberals have to complain about then ,  No food stamps , No free health care ,  no low interest loans to default on ,   no subsidies to university systems that breed hatred , generational discourse and infantile ideologies.

 
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