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Dec 2 2017 07:19am
Quote (cambovenzi @ Dec 2 2017 02:06pm)
If you feel like leaving your krugman safe space i recommend this podcast

http://contrakrugman.com/


More chance of utd winning the league than me clicking that link matey
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Dec 2 2017 07:20am
Quote (balrog66 @ Dec 2 2017 08:04am)
Why are things like this in a fucking tax bill?

https://twitter.com/TitusNation/status/936736961145876485


the ACA mandate is a tax.
whats included in the bill about 'abortion' is actually about how unborn children are treated for beneficiary purposes.

but yeah creating mega bills and sticking things in bills and making them about more than a narrow thing is now regular practice.
its a comprehensive tax and jobs act.

titus is an emotionally compromised leftist not reporting objectively. he 'debated' steven crowder once and it was a mess. you can check out that video if you want to see the type of person we are dealing with.

Quote
More chance of utd winning the league than me clicking that link matey

safespace94

This post was edited by cambovenzi on Dec 2 2017 07:25am
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Dec 2 2017 07:29am
Quote (cambovenzi @ Dec 2 2017 01:20pm)
the ACA mandate is a tax.
whats included in the bill about 'abortion' is actually about how unborn children are treated for beneficiary purposes.

but yeah creating mega bills and sticking things in bills and making them about more than a narrow thing is now regular practice.
its a tax and jobs act.

titus is an emotionally compromised leftist not reporting objectively. he debated steven crowder once and it was a mess. you can check out that video if you want to see the type of person we are dealing with.


safespace94


I don't care about the person tweeting. What he said is more important than who said it.

I care about the process. Honestly this kind of politics sounds like it's done in authoritarian states like China or Russia.

It's what you get with single-party rule.
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Dec 2 2017 07:32am
Quote (balrog66 @ Dec 2 2017 08:29am)
I don't care about the person tweeting. What he said is more important than who said it.

I care about the process. Honestly this kind of politics sounds like it's done in authoritarian states like China or Russia.

It's what you get with single-party rule.


what is said is bullshit. he said it because he is hysterical and detached from reality and is big on condemning people and running with leftist narratives without bothering to look into the facts.

he also said the tax bill is a 'fukn coup'. a tax bill. that was voted on by a majority of senators and reps. is a a sudden, violent, and illegal seizure of power from a government.
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Dec 2 2017 07:36am
Quote
SEC. 1202. CONSOLIDATION OF EDUCATION SAVINGS RULES.
(a) No New Contributions To Coverdell Education Savings Account.—Section 530(b)(1)(A) is amended to read as follows:


“(A) Except in the case of rollover contributions, no contribution will be accepted after December 31, 2017.”.

(b) Limited Distribution Allowed For Elementary And Secondary Tuition.—

(1) IN GENERAL.—Section 529(c) is amended by adding at the end the following new paragraph:


“(7) TREATMENT OF ELEMENTARY AND SECONDARY TUITION.—Any reference in this subsection to the term ‘qualified higher education expense’ shall include a reference to expenses for tuition in connection with enrollment at an elementary or secondary school.”.

(2) LIMITATION.—Section 529(e)(3)(A) is amended by adding at the end the following: “The amount of cash distributions from all qualified tuition programs described in subsection (b)(1)(A)(ii) with respect to a beneficiary during any taxable year, shall, in the aggregate, include not more than $10,000 in expenses for tuition incurred during the taxable year in connection with the enrollment or attendance of the beneficiary as an elementary or secondary school student at a public, private, or religious school.”.

(c) Rollovers To Qualified Tuition Programs Permitted.—Section 530(d)(5) is amended by inserting “, or into (by purchase or contribution) a qualified tuition program (as defined in section 529),” after “into another Coverdell education savings account”.

(d) Distributions From Qualified Tuition Programs For Certain Expenses Associated With Registered Apprenticeship Programs.—Section 529(e)(3) is amended by adding at the end the following new subparagraph:


“(C) CERTAIN EXPENSES ASSOCIATED WITH REGISTERED APPRENTICESHIP PROGRAMS.—The term ‘qualified higher education expenses’ shall include books, supplies, and equipment required for the enrollment or attendance of a designated beneficiary in an apprenticeship program registered and certified with the Secretary of Labor under section 1 of the National Apprenticeship Act (29 U.S.C. 50).”.

(e) Unborn Children Allowed As Account Beneficiaries.—Section 529(e) is amended by adding at the end the following new paragraph:


“(6) TREATMENT OF UNBORN CHILDREN.—

“(A) IN GENERAL.—Nothing shall prevent an unborn child from being treated as a designated beneficiary or an individual under this section.

“(B) UNBORN CHILD.—For purposes of this paragraph—

“(i) IN GENERAL.—The term ‘unborn child’ means a child in utero.

“(ii) CHILD IN UTERO.—The term ‘child in utero’ means a member of the species homo sapiens, at any stage of development, who is carried in the womb.”.


do you believe that is some crazy abortion policy that has no business in an Act like this?"
or are pro baby killing activists just triggered because they used those terms and its not some crazy chinese style authoritarian measure?

This post was edited by cambovenzi on Dec 2 2017 07:37am
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Dec 2 2017 07:37am
Quote (cambovenzi @ Dec 2 2017 01:32pm)
what is said is bullshit. he said it because he is hysterical and detached from reality and is big on condemning people and running with leftist narratives without bothering to look into the facts.

he also said the tax bill is a 'fukn coup'. a tax bill. that was voted on by a majority of senators and reps. is a a sudden, violent, and illegal seizure of power from a government.


Address the points in the tweet I quoted with sources please, thank you.

Quote
The Senate tax bill includes a provision that explicitly allows parents to use tax-free college savings plans, known as 529s, for a “child in utero.” According to the measure, “an unborn child means a child in utero.” People can already use the college savings accounts for children they do not yet have. But the current law does not specifically refer to an “unborn child.”

Why it’s included: Including the language is a victory for the pro-life movement. It has angered critics who say Republicans are using the tax bill to protect the views of abortion opponents.


Quote
Ending the individual mandate

Senate Republicans inserted a measure in their tax bill that would eliminate the Affordable Care Act’s mandate that most Americans have health insurance or pay a penalty. The Supreme Court upheld the mandate and other parts of former President Barack Obama’s signature health law in 2012, ruling that Congress had authority to impose the penalty through its taxation powers. In other words: The court’s decision effectively defined the penalty as a form of taxation.

Why it’s included: Eliminating the mandate would generate $338 billion in savings on health care subsidies, funding Republicans are counting on to help pay for the rest of their tax plan. But scrapping the mandate would also have a huge impact on health care. The Congressional Budget Office estimated that 13 million people could lose their health insurance by 2027, and it could also increase premiums and spur insurers to offer cheaper, less effective plans.


Quote
Oil and gas drilling in Alaska

The Senate tax bill would open part of Alaska’s Arctic National Wildlife Refuge, or ANWR, to oil and gas exploration. The proposal, crafted by Senate Energy and Natural Resources Committee Chair Lisa Murkowski, R-Alaska, would allow oil and gas drilling on a 1.5 million acre coastal plain within the nearly 20 million-acre refuge.

Why it’s included: It would raise a projected $2 billion in revenue over a decade for Alaska and the federal government. Republican and Democrats in Alaska have called for drilling in the refuge for decades. But proposals to drill there have long been opposed by Democrats and environmental groups.


Tax bill without the scribbles here:
https://www.vox.com/2017/12/1/16724800/senate-tax-bill-text

This post was edited by balrog66 on Dec 2 2017 07:38am
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Dec 2 2017 07:39am
Tax plan fucks over anybody doing a graduate degree. Massively weakens our position as a science powerhouse. Tuition waivers will count as income, huge tax increase on our future scientists who only make about 15k a year as it is.
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Dec 2 2017 07:47am
Code
The Senate tax bill includes a provision that explicitly allows parents to use tax-free college savings plans, known as 529s, for a “child in utero.” According to the measure, “an unborn child means a child in utero.”

yes, thats what it means in real life too.

Quote
It has angered critics


boo fuckin hoo.
Quote

aca mandate repeal


yes repealing a tax belongs in a tax reform bill. do you disagree?
aside from leftists loving obamacare whats the problem with it being in the bill on principle?
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Dec 2 2017 07:49am
Quote (cambovenzi @ Dec 2 2017 07:47am)
Code
The Senate tax bill includes a provision that explicitly allows parents to use tax-free college savings plans, known as 529s, for a “child in utero.” According to the measure, “an unborn child means a child in utero.”

yes, thats what it means in real life too.



boo fuckin hoo.


yes repealing a tax belongs in a tax reform bill. do you disagree?
aside from leftists loving obamacare whats the problem with it being in the bill on principle?


Unless it also removes the order not to reject applicants over preexisting conditions it literally destroys our entire insurance industry.
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Dec 2 2017 07:53am
Ill sum it up for you. Tax cuts for the rich, crush the poor, punish women and spit on democracy. Typical Republican plan.

Also the mandate was corporate welfare anyway so I dont give a damn about it. Tax me on a public option not on a private "option"
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