LOL! Where else are they going to dump their money - the democrats?!
Wealthy contributor's lust for control of Washington won't end because tax 'reform' ends. Maybe there will be a pullback if they can't bilk more money out of congress, but they'll hardly stop since they have been largely successful so far.
I'm a bit puzzled why these guys would talk about their big contributors getting pissed off in public. The only ones who really care I would think are in their own ranks. Does this really help them even with the GOP base? I wouldn't think so, it just makes them come across as (even more than we already figured) corrupt.
I get the point, we'll put all ethical concerns about Political Donations and PAC's aside.
Basically the donors are saying if you can't get this done just like you failed on healthcare, why am I throwing good money after bad results. I may as well hold on to my money or donate to a Democrat and hopefully get better results.
I get the point, we'll put all ethical concerns about Political Donations and PAC's aside.
Basically the donors are saying if you can't get this done just like you failed on healthcare, why am I throwing good money after bad results. I may as well hold on to my money or donate to a Democrat and hopefully get better results.
It would be sad if Democrats took the money, considering the strings attached.
Or their worst nightmare: pump it into primary challengers.
A nice thought, but money is like heroin to a politician, just look at the GOP.Take it one time just to rip them off...
That's a few blocks from where we will be staying in a couple months so I've added it to the list along with Saffron and Rose ice cream in Westwood. On the LA theme, where be a good used CD store in LA if world music were desired? Also, any instrument stores that might sell decent new or used ouds and/or parlor guitars?go to tacos por favor in santa monica. Get the hard tacos and make sure to grab the red sauce.
I'm a bit puzzled why these guys would talk about their big contributors getting pissed off in public. The only ones who really care I would think are in their own ranks. Does this really help them even with the GOP base? I wouldn't think so, it just makes them come across as (even more than we already figured) corrupt.
A nice thought, but money is like heroin to a politician, just look at the GOP.
Change individual income tax brackets: There are seven brackets in today's individual tax code: 10%, 15%, 25%, 28%, 33%, 35%, 39.6%.
The Senate bill will call for seven brackets but changes them to: 10%, 12%, 22.5%, 25%, 32.5%, 35% and 38.5%. It was not immediately clear how much of one's income would apply to each of those rates.
The House bill, by contrast, only calls for four brackets: 12%, 25%, 35% and 39.6%.
Here's the Senate's revision. Eh. Eventually they'll rework it enough that there won't be any changes to the existing tax code and everybody will be happy. Or it will just die like their Obamacare Repeal™.
http://money.cnn.com/2017/11/09/news/economy/senate-republican-tax-bill/index.html
I read this afternoon that they were originally going to eliminate all state and local tax deductions (including real estate), but it seems they let up on the real estate tax and are allowing itemizing up to $10,000. That alone probably would have killed it.
The proposed tax brackets look weird...
That's a few blocks from where we will be staying in a couple months so I've added it to the list along with Saffron and Rose ice cream in Westwood. On the LA theme, where be a good used CD store in LA if world music were desired? Also, any instrument stores that might sell decent new or used ouds and/or parlor guitars?
Here's the Senate's revision. Eh. Eventually they'll rework it enough that there won't be any changes to the existing tax code and everybody will be happy. Or it will just die like their Obamacare Repeal™.
http://money.cnn.com/2017/11/09/news/economy/senate-republican-tax-bill/index.html
I read this afternoon that they were originally going to eliminate all state and local tax deductions (including real estate), but it seems they let up on the real estate tax and are allowing itemizing up to $10,000. That alone probably would have killed it.
The proposed tax brackets look weird...
Well, kiss the alt-right good bye in supporting this.
http://www.breitbart.com/big-govern...-small-businesses-lower-rate-for-top-earners/
This isn't horrible. It's wonderful. The mid-term campaign slogans are writing themselves. "The GOP. We just can't govern".Also I'm making the call at this point: The tax reform bills (as they stand, unless they COMPLETELY revise them in full) will flop just like the obummercare repeals did. This is freaking horrible. I'm all for getting rid of deductions, but not as a trade-off for helping the rich by repealing the estate tax.
I'm not even in favor of the estate tax, it's just the fact that they are trading off an upper middle class deduction in favor of helping out the uber-upper-class.
Also I'm making the call at this point: The tax reform bills (as they stand, unless they COMPLETELY revise them in full) will flop just like the obummercare repeals did. This is freaking horrible. I'm all for getting rid of deductions, but not as a trade-off for helping the rich by repealing the estate tax.
I'm not even in favor of the estate tax, it's just the fact that they are trading off an upper middle class deduction in favor of helping out the uber-upper-class.
This isn't horrible. It's wonderful. The mid-term campaign slogans are writing themselves. "The GOP. We just can't govern".
Or they'll pass something close and the upper middle class will get to wake up next year with their big deductions suddenly gone, after years of being told to vote R or else their taxes will go up.
haha