Arizona decisions....

pgprescott

This chart says they stay the same @Hans61 We will see, I guess. 

http://www.businessinsider.com/tax-brackets-trump-tax-plan-chart-2017-9

pgprescott

Pot meet kettle again Nola. Durp Der durp. 

JohnInCarolina

From that bastion of liberalism, Forbes:

https://www.forbes.com/sites/beltway/2017/12/04/despite-changes-senate-tax-cut-still-mostly-benefits-business-and-high-income-households/

nolaegghead

Jesus.  

DoubleEgger

With nearly 45% of filers not paying a dime in federal income tax, it’s quite ironic when you hear about people not paying their fair share. 

pgprescott

Looks like we'll find out. 

JohnInCarolina

@DoubleEgger - they pay payroll taxes though, don’t they?  Were payroll taxes touched in this bill?  

You could argue that if you really want to help out the working poor, you’d find a way to reduce payroll taxes. 

pgprescott

@JohnInCarolina you think that’s better than the EITC? Really? 

nolaegghead

@DoubleEgger

https://youtu.be/nM7orhQIzKM

pgprescott

So, just as @DoubleEgger suggested, there is a huge amount that pay no federal income tax.  Any get returns that would make me blush on top of no pay in. That’s all well and good, but quit complaining about those who provide the tax money getting a cut. You can rationalize all you want. 

nolaegghead

@JohnInCarolina hey, trickle-down(leg) economics.  They threw a bone to the middle class, will jack up the total deficit by 5%.  Everyone wants a little money in their pockets and the trickle down is like the fantasy you buy with a lotto ticket.  This is the third iteration of this fantasy sale.  Vast majority of economists agree its a con, people will buy it every time.  Dammit, just when I paid that Nigerian prince guy, he got caught...

Hans61

Saves 3k, how much do you have to make before you get a real benefit?

JohnInCarolina

@nolaegghead - good video.  

DoubleEgger

Would any of you support a move to raise taxes by 10% on everyone? 

DoubleEgger

I think it boils down to the fundamental issue of how economic stimulus is provided. The Dems would rather the Feds dole out economic stimulus how they see fit and the GOP would rather have that power belong to the People through tax breaks.  

theyolksonyou

I would be interested in seeing govt spending held to something even close to the ROI requirements of a business. I'm open to interpretation of the requirements as different businesses have different requirements. 

nolaegghead

Bingo, yolk-Dawg (AKA theyolksonyou)

lousubcap

After having consumed a few shots of rocket fuel, I would again advocate the Steve Forbes concept of the flat tax and get rid of all the deduction loop holes (including the mortgage and charitable deductions sacred cows). The argument would move to "what constitutes income" especially related to capital gains and dividends but that's a whole lot simpler than now.  
Define income and then pick the number (generally agreed as somewhere in the 17-19% range) to at a minimum generate the same level of revenue as of  today.  No chance-too many lost jobs if it were to ever see the light of day.
Off soap-box and reentering earth's atmosphere after a short LEO ride.

DMW

@lousubcap - I'd give up deductions for 17-19% federal income tax rate.

nolaegghead

@lousubcap Must have been more than a few buckets of rocket fuel. 

That would pretty much destroy the economy and have a large percentage of the population living in city parks.  That's why it's relegated to the aluminum foil hat corners of the inter-webs. 

Next step would be civil war and probably split the country up into several smaller territories controlled by corporations and extremists. 

But hey, keep the hydrazine flowing!  Makes this place entertaining, and remember, never don't say what you think!

JohnInCarolina

This has got to be the dumbest administration in history.

nolaegghead

What.  The.  Fck?!

Could it be that Trump said, hey, let's say it's super dangerous and we aren't sure our Olympians will be "safe" enough to go!!!  Then we'll like say, yeah, it's safe!!! WIN WIN WIN!!!

HeavyG

Trumps boss Vlad told him that if his athletes can't go then ours can't either.

nolaegghead

Will I need a humidifier?  And some turquoise art?

HeavyG

Reuters is reporting that Al Franken will announce his resignation on Thursday.

So I guess we can expect Trump to also do the honorable thing in a few days right?

StillH2OEgger

Absolutely not! Showing no self awareness, however, he will surely tweet something derogatory about Franken that would more aptly describe his own situation or that of the honorable Roy Moore.

JohnInCarolina

@HeavyG - yep.  Don't forget about Blake Farenthold, whose situation is analogous to Conyers.  Somehow it's only the Democrat who is resigning.  

GATraveller

nolaegghead

@GayTraveller - and he be pointing out 80% of the G10 countries.

GATraveller

It's not accurate.....it just made me chuckle.