Opinion of GOP tax plan

[OSR stands with Israel]

http://money.cnn.com/2017/09/27/news/economy/tax-reform-framework/index.html

I say Lean FF , as while I dislike the fact that local and state tax deductions will be eliminated I really like the the Businesses side of the tax reform , and the fact that they will keep mortgage deduction is good .

[mvd10]

Meh, lean FP provided that it's mostly paid for by reducing/repealing tax breaks. It's a shame they won't touch the mortgage interest deduction though.

[heatcharger]

http://money.cnn.com/2017/09/27/news/economy/tax-reform-framework/index.html

I say Lean FF , as while I dislike the fact that local and state tax deductions will be eliminated I really like the the Businesses side of the tax reform , and the fact that they will keep mortgage deduction is good .

So was fiscal responsibility a facade for you all this whole time? Not only is this not actually paid for, but eliminating local deductions, which essentially keeps the mortgage interest deduction only for people with high charitable deductions or million-dollar homes is a giant give away for really rich people. As is repealing the estate tax. As is cutting the corporate tax without an increase in the capital gains tax and/or creating higher graduate tax brackets.

Republicans are clearly not serious about using tax reform to spur economic growth -- it's all about soaking the rich even more.

[Alabama_Indy10]

It's the GOP tax plan, I'm sure it will be voted HP on this forum.

[Fight for Trump]

http://money.cnn.com/2017/09/27/news/economy/tax-reform-framework/index.html

I say Lean FF , as while I dislike the fact that local and state tax deductions will be eliminated I really like the the Businesses side of the tax reform , and the fact that they will keep mortgage deduction is good .

So was fiscal responsibility a facade for you all this whole time?

Yes. He literally knows nothing about anything.

[OSR stands with Israel]

http://money.cnn.com/2017/09/27/news/economy/tax-reform-framework/index.html

I say Lean FF , as while I dislike the fact that local and state tax deductions will be eliminated I really like the the Businesses side of the tax reform , and the fact that they will keep mortgage deduction is good .

So was fiscal responsibility a facade for you all this whole time? Not only is this not actually paid for, but eliminating local deductions, which essentially keeps the mortgage interest deduction only for people with high charitable deductions or million-dollar homes is a giant give away for really rich people. As is repealing the estate tax. As is cutting the corporate tax without an increase in the capital gains tax and/or creating higher graduate tax brackets.

Republicans are clearly not serious about using tax reform to spur economic growth -- it's all about soaking the rich even more.

Um no the corporate/small buisness  tax rate is too high  currently meaning that if you cut taxes you will get more revenue in the long run through economic growth(especially the tax cut on small businesses).
Also in the tax plan they will impose a minimum foriegn tax to disincentive companies from moving their profits to offshore havens .

[Grumpier Than Uncle Joe]

FP