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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. D Robb
     (11/28/2017 6:55:05 AM)
     Message ID #294323

This message is in response to Thomas C ( message id #294319 )  Back To All Messages

Thomas, you canít cover up the reality that economists overwhelmingly say this bill will NOT help the economy and will blow up the deficit. The Treasury was supposed to come out with their analysis, but they would have no choice but to echo the conclusions of the economists.
Trying to belittle the critics just emphasizes the reality that you donít have the facts on your side. Every comprehensive analysis has come to the conclusion that it is a big give-a-way to corporations and the rich (both of which are doing very well without it) and a huge take-a-way from the middle class and poor. That is reality which you cannot dispute so your only counter argument is that everyone else doesnít know what they are talking about. It wonít work.

2. Thomas C CEOExpressSelect Member
     (11/28/2017 10:27:30 AM)
     Message ID #294329

This message is in response to D Robb ( message id #294323 )  Back To All Messages

"the objective of tax reform should be to enhance prospects for increased economic growth and household incomes. We agree with this objective, which is consistent with the traditional norms of public finance going back to Adam Smith. We believe that the reforms embodied in the House and Senate Finance bills would achieve this objective. The increased growth, in turn, would lead to greater taxable income and federal tax revenues, which would reduce the static cost of lost federal tax revenue from the reform."

-WSJ

This is from a letter written to treasury by some real economists from Stanford, Harvard, Princeton, Columbia

Which is a whole lot more credible than your "pundit economists"

PS Krugman doesn't count, he was fired from both Enron and Princeton...

3. D Robb
     (11/28/2017 5:07:51 PM)
     Message ID #294331

This message is in response to Thomas C ( message id #294329 )  Back To All Messages

Definitely a weasel-worded endorsement that damns with faint praise for a flawed tax reform bill that blows a hole in the deficit and heavily favors the WSJ readership. We are supposed to have confidence in this over the clear, factual analysis of the CBO?

4. D Robb
     (11/28/2017 10:52:35 AM)
     Message ID #294360

This message is in response to Thomas C ( message id #294329 )  Back To All Messages

The NYT has an article on the bait and switch tax plan described in the WSJ letter that Thomas copied and pasted into the forum. It doesnít describe either the House or the Senate bill. It is an ideal, revenue neutral plan which the GOP tax reform bills are not. To read about the deception in detail, go here.
https://twitter.com/jasonfurman
https://www.nytimes.com/newsletters/2017/11/28/opinion-today?nlid=79290124

5. Thomas C CEOExpressSelect Member
     (11/29/2017 4:38:31 AM)
     Message ID #294370

This message is in response to D Robb ( message id #294360 )  Back To All Messages

Both NYT articles from Tuesday are nefarious and very dishonest.

The first s based upon an unknown Liberal trained associate professor who claims 70% of income pass thrus are part of the 1%. A ridiculous claim. Most of the 1% rely on unearned income. That part is obvious

The second part is the individual cuts will expire due to the Senate rules but can be over ridden by Congress as the Bush cuts were.

But readers get sucked in.

None of you people file as a corporation, and up to a month ago had never heard of an income pass-through corporation.

Amazing. Robb-Meyer & Company truly have no idea what they are talking about.

CEO Express????? More like old codger unexpressed.

6. Noel Meyer
     (11/29/2017 5:56:50 AM)
     Message ID #294371

This message is in response to Thomas C ( message id #294370 )  Back To All Messages

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

Nice post Thomas C a.k.a. the Hawk -

The question is Do you think that the Trump Tax plan will help the middle class? which you did not discuss and yet your post dealt with 'senate rules' and None of you people file as a corporation which is the crux of the Trump tax bill reforms - that corporations not the middle class get PERMANENT tax cuts of 15% on billions while tax payers get what $800 savings only for 10 years off taxes of $60-65K that is not going to help the middle class.

"But readers get sucked in. " Amazing. So many real economists say the Tax bill is only for the rich and benefits corporations and should be passed so new jobs would be created yet the bill cuts taxes permanently for both with nothing tied to actual job creation.

YOU YOURSELF posted that employees and new plants took money from corporations away from the rich and were in someway bad things, the very reasons Republicans to readers the bill should be passed.

While I am not an economist, you are a liar, distorter of facts, fake news sucking readers into your argument with no citations supporting your opinions, with no experts supporting your delusions.

7. Thomas C CEOExpressSelect Member
     (11/29/2017 5:52:24 AM)
     Message ID #294405

This message is in response to Noel Meyer ( message id #294371 )  Back To All Messages

It will.

The majority of the middle class works for a sub-s corp, not a c-corp. In the public section it is far different. Government fails, and they are rewarded with pay raises.

Under Obamanomics they got hammered. Why? No more OT. Time and one half. Dried up, gone.

Please don't call me a liar. You and I come from different worlds. That is not being a "liar". My experiences are far different than yours. Liberals have a hard time accepting that.

8. Noel Meyer
     (11/29/2017 5:22:00 AM)
     Message ID #294373

This message is in response to Thomas C ( message id #294370 )  Back To All Messages

Chris Wallace of Fox News challenges Mick Mulvaney on Trump tax bill helping anyone but the rich.

https://www.youtube.com/watch?v=5S-_VqEgVvc


Dynamic scoring sounds more and more like believing in unicorns and magic.

9. Noel Meyer
     (11/29/2017 10:20:29 AM)
     Message ID #294374

This message is in response to Thomas C ( message id #294370 )  Back To All Messages

Actual CEO's admit that with new tax cuts, no re-investment into companies and no new hires, no new jobs will be created.

https://www.youtube.com/watch?v=S3bCZrMdgFI

10. Thomas C CEOExpressSelect Member
     (11/29/2017 10:03:09 AM)
     Message ID #294411

This message is in response to Noel Meyer ( message id #294374 )  Back To All Messages

CurmudgeonExpress.com


Liar???


What happened to the moderator???
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