And here are CEOs openly admitting they won't take the additional earnings from the lower tax rate and pay US workers more:
http://thehill.com/policy/finance/36044 ... ore-if-tax
Tax Reform
Re: Tax Reform
by spacemonkey » Wed Nov 15, 2017 12:26 pm
The hardest part of doing nothing is knowing when your done.
- spacemonkey
- Governor
- Posts: 5718
- Joined: Mon Aug 27, 2012 10:54 am
- Location: cyberspace
- Gender:
- Has thanked: 73 times
- Been thanked: 296 times
Re: Tax Reform
by spacemonkey » Thu Nov 30, 2017 12:38 pm
The main people that will benefit will be the corporations viewed as people.
The hardest part of doing nothing is knowing when your done.
- spacemonkey
- Governor
- Posts: 5718
- Joined: Mon Aug 27, 2012 10:54 am
- Location: cyberspace
- Gender:
- Has thanked: 73 times
- Been thanked: 296 times
Re: Tax Reform
by Winchester » Thu Nov 30, 2017 2:33 pm
Not really.
One concern I have with the C corps, and I can't find an answer anywhere is are they planning on getting rid of the 15% bracket and only having say a 20% bracket? If so this will this will increase the tax on a shitpile of small C corps with taxable income of under $50,000... not unlike the individual income tax side.
One concern I have with the C corps, and I can't find an answer anywhere is are they planning on getting rid of the 15% bracket and only having say a 20% bracket? If so this will this will increase the tax on a shitpile of small C corps with taxable income of under $50,000... not unlike the individual income tax side.
-
Winchester - Governor
- Posts: 5872
- Joined: Sun Aug 19, 2012 12:07 pm
- Gender:
- Has thanked: 822 times
- Been thanked: 853 times
Re: Tax Reform
by fstarcstar » Thu Nov 30, 2017 9:46 pm
We all have to remember one thing, this is about the income tax. All of us on here generally know that the poor and lower middle class hardly pay any income taxes at all. Any changes at all for the income tax is going to benefit the wealthy.
-
fstarcstar - Governor
- Posts: 2616
- Joined: Sat Aug 18, 2012 4:47 pm
- Gender:
- Has thanked: 130 times
- Been thanked: 155 times
Re: Tax Reform
by Winchester » Thu Nov 30, 2017 10:10 pm
-
Winchester - Governor
- Posts: 5872
- Joined: Sun Aug 19, 2012 12:07 pm
- Gender:
- Has thanked: 822 times
- Been thanked: 853 times
-
fstarcstar - Governor
- Posts: 2616
- Joined: Sat Aug 18, 2012 4:47 pm
- Gender:
- Has thanked: 130 times
- Been thanked: 155 times
Who is online
Users browsing this forum: No registered users and 187 guests