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The Senate passed its tax reform bill in the early hour of Saturday morning, following a day full of Republican leaders making changes to bring enough members on board and a long night full of heated rhetoric on both sides of the aisle. The vote was 51-49, mostly along party lines. Sen. Bob Corker of Tennessee was the only Republican to vote against the bill, citing concerns about growing the deficit.
originally posted by: CB328
This is horrible for America. How they hell could anyone be stupid enough to believe this is needed when the corporations already have 85% of the money?
This is going to be terrible for America as real people will have even less money and rights than we have now.
originally posted by: MiddleInsite
a reply to: Vector99
Nobody can say. No one has had a chance to read the whole thing. They were scribbling changes to it after midnight last night. Do YOU REALLY know what's in it? Have you read it? And how many Senators do you think read that two inch thick bill last night?
originally posted by: Vector99
originally posted by: intrptr
Lees tax for the rich, more debt for everyone else.
Care to elaborate? Or just another drive-by comment?
originally posted by: ATSAlex
I just read the main points in the fake news network and even as negative as they wanted to portray it, it will benefit me more, thank you Mr. President!!!
I suggest everyone take a very close look and see exactly how YOU will end up fiscally instead of listening to the FAKE NEWS given out by the libtard media...
originally posted by: TrueBrit
a reply to: FatSoldier
While you may be correct that other nations have had more reform over the same period, the TYPE of reform and the AIMS of those reforms that have been enacted by other nations, are more important than the NUMBER of changes made, by a very long chalk.
For example, tax reform in and of itself, does not mean "We need to push more money up the chain", which is what is going to happen as a result of the changes made in the measure we are discussing here. Many tax reforms in other nations come with enforcement changes, which benefit the treasury of nations, and the people on whose behalf the nation is being run, by tightening the rules surrounding how corporations are to pay, what they are to pay, and when they are to pay their taxes. By making small changes, often, nations can ensure that all their citizens are capable of surviving those changes, whether those changes are designed to artificially make a nations businesses more successful (the only result of which being, that the majority of people, who occupy the lower end of the economy get screwed harder), or whether those changes are designed to ensure that if a person has work, that work pays, regardless of what end of the market you happen to occupy.
The point of the matter is this. Tax reform was certainly needed, but its very unlikely that an honest, fair, and realistic observation of its effects going forward, will prove that THIS tax reform has had positive effects for the only people in a country who really matter, those being the great mass of the people, as opposed to rarefied groups within it.
That a five hundred page scribbled document was dumped on the floor just hours before a vote to guarantee they wouldn't have time to review it all?
Or that all the democrats voted against it
I guarantee this, not one of your average workers paychecks will reflect less tax taken out
taxes at point of sale will not go down "by Christmas" either.
But do tell 'fly by responder' , when was the last time your taxes went down?