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

I have no idea

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1. Noel Meyer
     (12/2/2017 6:18:48 PM)
     Message ID #294615

This message is in response to Scott Walker ( message id #294613 )  Back To All Messages

"Mueller is a Comey side kick, and is sucking up Americas tax money and making a mockery of the law."

Look at Trump's tax bill sucking up America's money to allow the rich and corporations to become even richer - where are the jobs? Jobs = DEMAND and the middle Class get pennies while the rich and corporations get billions.

As for "mockery of the law" look to Trump again - conflicts of interest, nepotism, scandals, bigoted racial tweets, Trump's presidency is a mockery of American law and customer.

2. Thomas C CEOExpressSelect Member
     (12/2/2017 6:40:31 PM)
     Message ID #294618

This message is in response to Noel Meyer ( message id #294615 )  Back To All Messages

You need to specifically elaborate on that one, what do you mean sucking up Americans money.

Don't understand what ou are talking about

And BTW ABC had to retract their Flynn story, it was made up

3. Noel Meyer
     (12/3/2017 7:31:38 AM)
     Message ID #294630

This message is in response to Thomas C ( message id #294618 )  Back To All Messages

"what do you mean sucking up Americans money."

Remember the trigger? IF the economy does not grow magically as proposed, if the deficit is as economists projects, the tax cuts for the middle class will be reviewed and spending will be cut, but not the corporate tax cuts. So the corporate tax cuts are permanent, and military spending is off limits so aid to dependent children, unemployment safety nets all the social entitlements will be cut sucking up all that spending to keep the tax cuts for the rich.

4. Thomas C CEOExpressSelect Member
     (12/3/2017 7:55:09 AM)
     Message ID #294635

This message is in response to Noel Meyer ( message id #294630 )  Back To All Messages

Agreed. But CBO projections are based upon a 1.9% annual growth rate. A rather robust number under Obomanomics given the high taxes, excessive mandates, terrible trade policies, and open borders for masses of low killed workers.

However that number is historically low, from WW2 up to Obama the number is 3.4%. At 2.6% this tax reform is revenue neutral.

I'm normally not a betting man without a golf club in my hand, but the bar is set very low and the odds are pretty good.

If you look at Simpson-Bowles the major differences are treating all capital gains as ordinary income, and the phase out of the ESI tax exclusion.

I would be hesitant to bet against America at this point in history. But here in this forum there are many rooting for failure.
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