d2jsp
Log InRegister
d2jsp Forums > Off-Topic > General Chat > Political & Religious Debate > Trump Tax Plan Bulletpointed
Prev123412Next
Add Reply New Topic New Poll
Views: 2238Replies: 112Track Topic
Member
Posts: 66,069
Joined: May 17 2005
Gold: 17,384.69
#11
Sep 28 2017 02:14pm
middle classes destroyed :lol:
Member
Posts: 9,943
Joined: Mar 30 2010
Gold: 18,534.02
#12
Sep 28 2017 02:29pm
Quote (Saucisson6000 @ Sep 28 2017 03:14pm)
middle classes destroyed :lol:


Why do you say this? What about this tax policy makes you think problems for the middle class are coming?

Member
Posts: 51,279
Joined: May 26 2005
Gold: 4,400.67
#13
Sep 28 2017 03:06pm
nice plan, but this is the sunny side of it. what about the financing? closing some loopholes, boosting growth by a few % or that one-off repatriation tax wont come nowhere near financing this kind of massive tax cuts.
Member
Posts: 32,538
Joined: Dec 6 2007
Gold: 1,945.00
#14
Sep 28 2017 03:17pm
Can you explain your stance on the child tax credit? I'm garbage at tax stuff and I don't really understand.
Member
Posts: 63,030
Joined: Jul 15 2005
Gold: 152.00
#15
Sep 28 2017 04:51pm
Quote (Black XistenZ @ Sep 28 2017 05:06pm)
nice plan, but this is the sunny side of it. what about the financing? closing some loopholes, boosting growth by a few % or that one-off repatriation tax wont come nowhere near financing this kind of massive tax cuts.


Yeah it's either cut loads of expenditures (which based on our current leadership is likely to be things crucial to the well-being of the citizens) or the debt skyrockets. Or both.
Member
Posts: 61,376
Joined: Mar 14 2006
Gold: 10.77
#16
Sep 28 2017 05:25pm
Mostly doesn't look too bad. Oddly it seems to encourage welfare queens popping out babies and people being lazy and working less to take advantage of what amounts to universal income with those huge standard deductions.
Member
Posts: 33,509
Joined: Oct 9 2008
Gold: 2,617.52
#17
Sep 28 2017 05:33pm
GREAT AGAIN!
Member
Posts: 33,509
Joined: Oct 9 2008
Gold: 2,617.52
#18
Sep 28 2017 05:35pm
Quote (fender @ Sep 28 2017 03:08pm)
ofc both parties will get this done - because it means massive tax cuts for their donors and them, that is the whole point...

ofc it will significantly increase the deficit, but it's not like republicans ever actually cared about that - and ofc the middle class and poor households will be worse off, but that is pretty much expected from trump. i wonder where all the simple minded 'socialism doesn't work' idiots stand on the whole trickle down approach, which has a much worse track record...

but i see where the spin is going: focus on the (actually desireable and necessary) simplification of the tax code, and ignore the deficit and massive taxcuts for the rich... wonder what your "micro econ professor" has to say about the latter...



I love it when you pretend to understand economics. The laffer curve nearly always lowers the deficit.
Member
Posts: 11,264
Joined: Sep 8 2006
Gold: 0.00
#19
Sep 28 2017 05:49pm
Republicans slamming a tax cut first year of administration... just like the good ole days.

https://mobile.nytimes.com/2001/01/31/us/surplus-estimate-hits-5.6-trillion.html?referer=
Member
Posts: 33,509
Joined: Oct 9 2008
Gold: 2,617.52
#20
Sep 28 2017 06:21pm
Quote (Interesting @ Sep 28 2017 07:49pm)
Republicans slamming a tax cut first year of administration... just like the good ole days.

https://mobile.nytimes.com/2001/01/31/us/surplus-estimate-hits-5.6-trillion.html?referer=


With any luck Reps will shut down the government to make the Dems look bad for being obstructionists.
Go Back To Political & Religious Debate Topic List
Prev123412Next
Add Reply New Topic New Poll

© 2003-2024 d2jsp  Contact