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Senate Dems propose tax cut rollback to pay for infrastructure

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posted on Mar, 11 2018 @ 10:22 PM
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originally posted by: DBCowboy
a reply to: crtrvt

So we (the little people) won't get taxes more.

We'll just lose our jobs or get paid less because you'll be raising taxes on our bosses and company owners.


Love your plan!

Has it ever occurred to you that government spends our money poorly?

Perhaps if they spent our money wisely, they wouldn't need to take so much.


Just a thought. . . .



Has it ever occurred to you that job loss is the free market at work, and perhaps you should have gone into something more profitable/stable?



posted on Mar, 11 2018 @ 10:23 PM
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a reply to: Aazadan

So you also ignore the poor spending by government and endorse raising taxes.



posted on Mar, 11 2018 @ 10:35 PM
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originally posted by: cynicalheathen

I'm about as "average" as I can be. My gross income is $5,500 above my state's median income. When the tax cuts hit, I saw a $35 per bi-weekly paycheck increase. My wife saw a $19 per bi-weeekly check increase. I can do simple math.


So you bring in about $60k. An extra 1400 is 2%, and you got it as a bonus not as a raise. Furthermore it expires for you after just a couple years. Cost of living is 3.5% per year. Congratulations, you lost purchasing power on this.

If you're not getting a minimum of a 6% raise every single year you're effectively going backwards.



posted on Mar, 11 2018 @ 10:36 PM
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originally posted by: DBCowboy
a reply to: Aazadan

So you also ignore the poor spending by government and endorse raising taxes.






Poor spending could be fixed, get rid of our current contract/bid system and replace it with something that makes more sense. As it is though, it still spends money better than individuals can.



posted on Mar, 11 2018 @ 10:38 PM
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a reply to: Aazadan


We'll just have to agree to disagree.



posted on Mar, 11 2018 @ 10:43 PM
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originally posted by: Jubilation T Cornpone
I would hardly call an extra $200 in my account each month from the Trump tax cuts ($2,400 per year) a "nothing tax cut" as some on here are alluding. I don't know where some of you come from, but that is a significant increase in take home pay.

As a poster above said, if you aren't seeing anything like that in your own paycheck, you should probably talk to your employer. Because THEY are screwing you over. Not Donald Trump.


$2400 a year is approximately the price of a starbucks coffee every single day. It's not significant unless you're poor. But if you're poor you didn't get $2400 in the first place.

What are you going to do with that $2400? You should be saving it given the average Americans savings, but if you do that it doesn't go through the economy working it's magic.



posted on Mar, 12 2018 @ 12:37 AM
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really, people still really need to have it explained to them that ANY raise in taxes is MORE money to the govt. Thats it, if your for it, cool, but dont act like its not more money going to the govt. We should be trying to have a MODERN and EFFICIENT govt right? So that means it should take as little money as possible to run if we are aiming for modern efficiency. If your ok with raising ANY taxes, then dont deny it. But personally, I dont care if they are raising taxes that would affect mostly inmates. I wouldnt vote for it. All Americans are equal in my eyes. I dont buy into this new class society bull#.
The govt should start learning how to be efficient like everyone else in 2018. Tech has come a long way. They shouldnt need more money. As far as corporations and the wealthy people around the world controlling most of the money. Its always been like that. Welcome to life on earth as we have always known it.



posted on Mar, 12 2018 @ 05:57 AM
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originally posted by: DBCowboy
www.msn.com...


Senate Democrats on Wednesday proposed undoing some of the tax cuts in the law President Trump signed in December in order to pay for a $1 trillion infrastructure plan.
"Rather than cutting existing infrastructure projects to pay for a paltry program, we want to roll back the Republican tax giveaways to big corporations and the wealthy and invest that money instead in job-creating infrastructure," Senate Minority Leader Charles Schumer (D-N.Y.) said at a news conference.
Democrats have been talking in recent weeks about their desire to repeal parts of the new tax law that benefit wealthy individuals and corporations if they take back control of Congress. The plan announced Wednesday provides details about what changes Democrats would make to the law.

Senate Democrats are proposing reinstating a top individual tax rate of 39.6 percent, which was lowered to 37 percent under the new law. They also say they want to increase the corporate tax rate from 21 percent under the new law to 25 percent. The corporate tax rate under the old code was 35 percent.


Apparently, democrats think that raising taxes, having us have less of our money, would increase job growth.


I've not been a big fan of republican politicians. But the democrats are openly saying that you should not have the "crumbs" that the tax break has given you.


Like I've been saying, the democrat platform for 2018 is;
Raising taxes
Banning firearms
Open borders
Censoring free speech


Yeah those DEMs just don't understand how to spend money they don't have. Only the GOP understands how to create huge deficits.

Oh, and unless you are a criminal or wife beater, you can keep your guns.

Open border? When is Trump going to get that money from Mexico to build the wall. What is the problem? Write the invoice and serve Mexico.

Free speech? It seems you have no problem spewing your thoughts.



posted on Mar, 12 2018 @ 08:01 AM
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a reply to: Aazadan

$2400 a year is approximately the price of a starbucks coffee every single day. It's not significant unless you're poor.

keep that line up
it will prove to be the most successful gop midterm ad

$2400.00 may not be significant to you....

www.gobankingrates.com...

According to a 2017 GOBankingRates survey, more than half of Americans (57 percent) have less than $1,000 in their savings accounts.

$2400.00 is very significant to many, no matter the elitest party line.



posted on Mar, 12 2018 @ 08:55 AM
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originally posted by: shooterbrody
a reply to: Aazadan

$2400 a year is approximately the price of a starbucks coffee every single day. It's not significant unless you're poor.

keep that line up
it will prove to be the most successful gop midterm ad

$2400.00 may not be significant to you....

www.gobankingrates.com...

According to a 2017 GOBankingRates survey, more than half of Americans (57 percent) have less than $1,000 in their savings accounts.

$2400.00 is very significant to many, no matter the elitest party line.
WOOT! I gave up starbucks over 2 years ago for this reason What a waste of money and I easily found a better way to spend $5 than on a cup o mud



posted on Mar, 12 2018 @ 09:04 AM
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a reply to: xuenchen

Tomorrow will be another indicator. Special election in PA.
Let's see if it goes the blue way the last few have.



posted on Mar, 12 2018 @ 09:07 AM
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a reply to: ketsuko

Yeah I'm in that group everyone says will benefit from this. So it's all good for me. I'm retired.
Nothing to say about my actual post?



posted on Mar, 12 2018 @ 09:12 AM
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a reply to: shooterbrody

Let's play favoritism and benefit my family above everything.
Open your eyes dude. It's one for all and all for Trump.who am I kidding. You won't see that. Love is blind.



posted on Mar, 12 2018 @ 09:14 AM
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originally posted by: Sillyolme
a reply to: ketsuko

Yeah I'm in that group everyone says will benefit from this. So it's all good for me. I'm retired.
Nothing to say about my actual post?


I love the spin!

"Everyone" will benefit from having less money and fewer jobs!

YAY Democrats!





posted on Mar, 12 2018 @ 09:37 AM
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originally posted by: Sillyolme
a reply to: shooterbrody

Let's play favoritism and benefit my family above everything.
Open your eyes dude. It's one for all and all for Trump.who am I kidding. You won't see that. Love is blind.

Which part exactly is "favoritism"?
Or are you now advocating for a completely socialist system?
You have pointed out here, many times, your small business expertise and pulling yourself up by your bootstraps. Now, when your business is sold, you advocate more taxes? Or was your family not "above everything" when you were working?

townhall.com...



Eighty percent of Americans are going to benefit from this legislation, including 91 percent of those who are considered middle class in this country.

Again I will ask you which part exactly is "favoritism"?

As far as your trump jabs...this wasn't an executive order, it was a bill passed by the house and senate. The gop owns this much more than trump does. All he did was sign it. At least he was smart enough to sign it.
Good luck trying to beat up the electorate with a tax bill that actually worked out for the middle class.



posted on Mar, 12 2018 @ 09:47 AM
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originally posted by: shooterbrody
a reply to: Aazadan

$2400 a year is approximately the price of a starbucks coffee every single day. It's not significant unless you're poor.

keep that line up
it will prove to be the most successful gop midterm ad

$2400.00 may not be significant to you....

www.gobankingrates.com...

According to a 2017 GOBankingRates survey, more than half of Americans (57 percent) have less than $1,000 in their savings accounts.

$2400.00 is very significant to many, no matter the elitest party line.


People are bad at saving, increasing their income won't lead to more savings. Feel like addressing the part where a $2400 savings requires one to be making about $250k per year? Do you think $2400 is a significant change in purchasing power to someone with that much income? At the median income of $50k you get $570 which is $11 per week.
edit on 12-3-2018 by Aazadan because: (no reason given)



posted on Mar, 12 2018 @ 09:52 AM
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originally posted by: shooterbrody
Good luck trying to beat up the electorate with a tax bill that actually worked out for the middle class.


$11 per week is working out for the middle class?



posted on Mar, 12 2018 @ 09:57 AM
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originally posted by: Aazadan

originally posted by: cynicalheathen

I'm about as "average" as I can be. My gross income is $5,500 above my state's median income. When the tax cuts hit, I saw a $35 per bi-weekly paycheck increase. My wife saw a $19 per bi-weeekly check increase. I can do simple math.


So you bring in about $60k. An extra 1400 is 2%, and you got it as a bonus not as a raise. Furthermore it expires for you after just a couple years. Cost of living is 3.5% per year. Congratulations, you lost purchasing power on this.

If you're not getting a minimum of a 6% raise every single year you're effectively going backwards.




Just crumbs, right nancy?

You gonna give him that 6% every single year?

Why not 10%?

That's better than 6%.

Fool.




posted on Mar, 12 2018 @ 09:58 AM
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a reply to: Aazadan




People are bad at saving, increasing their income won't lead to more savings.

None of that is actually the governments business.
It was only to point out that most americans don't even have 1k saved, so you saying $2400 is nothing but a cup of coffee a day is ridiculous.
Instead of realizing this you double down by crapping on someone who makes $50k per year, and by the same survey does not have 1k in savings, who will get back $570. To that person the $570 is most likely significant.
But you keep on telling them that it is not.



posted on Mar, 12 2018 @ 09:58 AM
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a reply to: DBCowboy

It's strange seeing so called Conservatives so gun-ho about deficit spending.







 
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