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Do you think that the Trump Tax plan will help the middle class?

Yes
No
I have no idea



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1. Patricia Pomerleau CEOExpressSelect Member
     Forum Moderator
     (11/20/2017 8:33:03 PM)
     Message ID #294017

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There is a lot of debate about the Trump tax plan right now ranging from it's great as trickle down economics plan and will bring businesses and jobs back from overseas, to it's doing to only going to help the rich and screw the poor and middle class.

It's very clear that the Trump tax plan will help the wealthy as well as corporations. However, there is a heated discussion about this tax plan and it's affect on the middle class.

Rather than my trying to analyze this complicated and contencious matter, I will provide links to folks to have done a pretty good job in the analysis.

1) Trump's Tax Plan and How It Would Affect You: How the Senate Tax Bill Differs from the House Bill This group has charts that clearly outline the differences between the house and senate bills and the present tax tables. It's excellent and unbiased. http://snips.ly/V5418

2) Wilbur Ross, Commerce secretary: Trump’s Tax Plan: What It Does and Doesn’t Do http://snips.ly/P588

3) Is the Trump tax plan a big win for middle class? Not so much CNN Money http://snips.ly/7I371O

4) How the Trump Tax Cuts Would Reshape (and/or Break) Our Economy http://snips.ly/EU

5) Trump Tax Reform Calculator for 2018 (vs 2017) http://snips.ly/8J

Every day another item comes out that strikes another group. This week it was eliminating interest deduction on college loans--something that almost no one thinks is a good idea when there are new tax exemptions for private jets. Sort of head scratching. There is a chasm of differences between the house and senate plans. "Reconciliation" will be interesting.

So, what is your view of the Trump Tax plan. It is only going to benefit the rich and corporations or will it also help the middle class and how?


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2. Noel Meyer
     (11/26/2017 10:01:20 PM)
     Message ID #294025

This message is in response to Patricia Pomerleau ( message id #294017 )  Back To All Messages

1. Senator Hatch says he was offended when Democrats challenged the Trump tax bill. Says he came from the lower middle class. Well Hatch, you ain't poor now, nor have you been since you started your political career.

2. Trump's Administration is filled with millionaires, billionaires and the entitled who think they should have private jet travel on the taxpayer dime. They say they are for the middle class and that they hope the tax cuts will be re-introduced in 10 years when the bill says they will be phased out. Yet the corporate rates cuts are permanent, not to be phased out should the republicans lose power. How is that for a tax cut for the middle class?

3. As with the Bush tax cuts, jobs and industries are created due to demand, not tax cuts. A FAMILY gets an $800 tax savings yet the corporations get their permanent taxes cut almost in half on billions.
How is that for a tax cut for the middle class?

4. Trump campaigned against the $20 trillion debt BUT SAYS some hypothetical increase in the future will actually add money to the treasury. So the same corporations which hid their money overseas to avoid paying taxes on it will somehow bring that money back here to invest in 'jobs and new manufacturing jobs' instead of still hiding it overseas where they will not spend any money on taxing those profits only be allowed to make more money doing the same things they are doing now.

5. Trickle down did not create any more jobs under Bush than actual demand created. Clean energy is banned as fake news under Trump and China was given the opportunity to now lead in this area.

I don't believe in Trump. He lies 80% of the time. I don't believe in Republicans creating their own tax plan and passing only with their own party vote. It didn't work for the Republican only 'repeal and replace' and it isn't good for the middle class which will pay more to subsidize the very wealthiest with their permanent tax cuts ballooning both America's debt and deficits.

3. Noel Meyer
     (11/21/2017 3:58:32 AM)
     Message ID #294026

This message is in response to Patricia Pomerleau ( message id #294017 )  Back To All Messages

1. Senator Hatch says he was offended when Democrats challenged the Trump tax bill. Says he came from the lower middle class. Well Hatch, you ain't poor now, nor have you been since you started your political career.

2. Trump's Administration is filled with millionaires, billionaires and the entitled who think they should have private jet travel on the taxpayer dime. They say they are for the middle class and that they hope the tax cuts will be re-introduced in 10 years when the bill says they will be phased out. Yet the corporate rates cuts are permanent, not to be phased out should the republicans lose power. How is that for a tax cut for the middle class?

3. As with the Bush tax cuts, jobs and industries are created due to demand, not tax cuts. A FAMILY gets an $800 tax savings yet the corporations get their permanent taxes cut almost in half on billions.
How is that for a tax cut for the middle class?

4. Trump campaigned against the $20 trillion debt BUT SAYS some hypothetical increase in the future will actually add money to the treasury. So the same corporations which hid their money overseas to avoid paying taxes on it will somehow bring that money back here to invest in 'jobs and new manufacturing jobs' instead of still hiding it overseas where they will not spend any money on taxing those profits only be allowed to make more money doing the same things they are doing now.

5. Trickle down did not create any more jobs under Bush than actual demand created. Clean energy is banned as fake news under Trump and China was given the opportunity to now lead in this area.

I don't believe in Trump. He lies 80% of the time. I don't believe in Republicans creating their own tax plan and passing only with their own party vote. It didn't work for the Republican only 'repeal and replace' and it isn't good for the middle class which will pay more to subsidize the very wealthiest with their permanent tax cuts ballooning both America's debt and deficits.

4. Franke Price
     (11/21/2017 3:57:42 AM)
     Message ID #294265

This message is in response to Patricia Pomerleau ( message id #294017 )  Back To All Messages

Patricia,

In addition to the simple "yes/no" poll question, add context and be more constructive by asking "how" that answer is justified by the
respondents knowledge of the issue at hand. This would challenge us all to adopt a more holistic understanding of the implications. Of course this would require some critical thinking, which is sorely lacking in the discourse today.

It would also be interesting to index the responses by party.

Franke

5. Noel Meyer
     (11/27/2017 5:25:31 AM)
     Message ID #294266

This message is in response to Franke Price ( message id #294265 )  Back To All Messages

Franke-
"In addition to the simple "yes/no" poll question, add context and be more constructive by asking "how" that answer is justified by the
respondents knowledge of the issue at hand. This would challenge us all to adopt a more holistic understanding of the implications. Of course this would require some critical thinking, which is sorely lacking in the discourse today."


1. IN a perfect world your post is dead on, however America now exists in 'bizzaro' world of 'Fake News' and a President who covers his gaff's by saying, "Well that is what I heard" instead of showing any 'critical thinking' you mention.

2. In this world Americans believe in Angels and UFO's more than they know about the Constitutional workings of their government. Politicians play the voters (look at how the Russians 'played' social media in the 2016 election) and that is how the powerful 'control' this democracy/republic.

3. "add context and be more constructive by asking "how" that answer is justified by the respondents knowledge of the issue at hand." Franke- you might read D Robb's postings usually having supporting citations and compare it with those whose opinions never have such justifications. BTW - welcome to Patricia's forum.

4. "It would also be interesting to index the responses by party" No, not really. If anything the actions of either party fly in the face of their knowledge, reality and their defined mission statements.

6. Noel Meyer
     (11/27/2017 5:21:53 AM)
     Message ID #294267

This message is in response to Franke Price ( message id #294265 )  Back To All Messages

Franke-

You might find this interesting following your post on critical thinking -

https://www.youtube.com/watch?v=HDv-xG0GUms
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