DelMarVa's Premier Source for News, Opinion, Analysis, and Human Interest Contact Publisher Joe Albero at alberobutzo@wmconnect.com or 410-430-5349
DelMarVa's Premier Source for News, Opinion, Analysis, and Human Interest Contact Publisher Joe Albero at alberobutzo@wmconnect.com or 410-430-5349
14 comments:
Looks pretty damn simple to me. Why would anyone not want this bill to pass?
Because it is skewed towards the wealthy (again).
Once again, 1112, GET YOUR GD HEAD out of the DEMOCRAT Stew. Quit being a minion. Learn History. This very thing worked very well for both Reagan and JFK.
How's that Koolaid, dude?
11:12...Please explain - using real economic accepted methods- why this is skewed toward the wealthy?
The 'wealthy' already pay a majority of the taxes, so how on Earth would a tax reduction NOT somehow affect them?
If you think that the government can handle your earning better than you can; send them a check.
The major premise of this tax cut is to help CORPORATIONS hire more people and/or invest more in capital improvements. It is a PROVEN economic theory that really works, despite what non-educated reporters tell you on CNN.
no, it won't be perfect, but I really don't see how this is a tax break for the 'wealthy'. The estate tax elimination?? There shouldn't be one anyway. We get taxed our whole lives, then more when we die. Why should someone have to sell their family business because the owner dies?
BTW...define wealthy. Is it someone who earns more than you? More than $100k, $250k, $1m???
Would this be in effect fot 2017 filings?
The only thing I see skewed toward the wealthy is the elimination of the estate tax. First, this should have been eliminated long ago as you paid tax on the income you used to buy the property, as well as property taxes ever since. Second this will benefit the socialite inheriting Daddy's $6 million and the farmers son inheriting 1000 acres equally.
11:25AM: Word on the Street is they are trying to make it retroactive to this year in order to bring quick relief. Don't know if it will fly or if legit but still looking into it.
Will keep you posted.
11:25, I wonder the same thing. It would be a big help as I had unexpected income and would get punished under the current tax law.
AComeHere: The estate tax should've never been implemented in the first place. Another great Obama idea that has been quashed in into dust! Think of all the businesses that have had to close because of the Estate Tax because the kids couldn't afford the 'assessed taxation' on said businesses.
what are the income levels per bracket?
What about capital gains (long/short term)?
Out tax system is a joke! I agree with having a flat tax, and eliminating the complicated tax system we have. That way EVERYONE PAYS their proportiant amount of taxes.
11:14 Thank you. A voice of reason amongst the voices of stupidity 🙌🏻
When will We All Learn ?? Any bill past by The Republicans ..( at least so far ) ..The Democrats will automatically Strike Down ! .. Happens Every Dang Time !!!
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