Tax bill passed and headed for the president’s desk

Most Americans will save money under the tax bill that the Senate passed Tuesday night and the House passed Wednesday. The size of that benefit varies, but 80 percent of households will see some benefit.

Compared to other legislation of similar scope, including previous changes to the tax code, this bill moved through Congress at a breakneck pace. Republicans were eager to meet Trump’s deadline for a tax cut before the end of the year.

There’s been little time for anyone to understand what’s in the bill, much less how it will affect their own pocketbooks. It’s hard to blame ordinary Americans. Coverage of the bill has been negative.

Many people don’t understand the bill very well.

Though DEMOCRATS could not stop the bill, their messaging won the day. They were successfully able to convince the public that the bill was geared toward giving corporations a huge, permanent tax cut, while giving individuals only a temporary one; and that the benefits of the bill would accrue overwhelmingly to wealthy taxpayers. But it’s amazing that DEMOCRATS were able to hold the line, without a single member voting for a bill that would cut taxes for nearly all Americans.

Once people get in their head that a bill doesn’t help them, it’s surprisingly challenging to convince them otherwise. You won’t find a lot of people who remember Obama primarily as a tax cutter, and Obamacare only became "popular" when Republicans began attempting to repeal it.



https://www.theatlantic.com/politics/archive/2017/12/why-dont-63-percent-of-americans-realize-theyre-getting-a-tax-cut-for-christmas/548852/
 
The question is simple-minded & irrelevant.

You & ILA believe strongly in symbolism (at least selectively). I don't, at all. If either of you can show me how me sending my fairly paltry extra $$$ back to the gov't will change the generational responsibility for the cost, I'm all ears.

For the last fucking time tax cuts do not decrease tax revenue! Jesus!
 
Most Americans will save money under the tax bill that the Senate passed Tuesday night and the House passed Wednesday. The size of that benefit varies, but 80 percent of households will see some benefit.

Compared to other legislation of similar scope, including previous changes to the tax code, this bill moved through Congress at a breakneck pace. Republicans were eager to meet Trump’s deadline for a tax cut before the end of the year.

There’s been little time for anyone to understand what’s in the bill, much less how it will affect their own pocketbooks. It’s hard to blame ordinary Americans. Coverage of the bill has been negative.

Many people don’t understand the bill very well.

Though DEMOCRATS could not stop the bill, their messaging won the day. They were successfully able to convince the public that the bill was geared toward giving corporations a huge, permanent tax cut, while giving individuals only a temporary one; and that the benefits of the bill would accrue overwhelmingly to wealthy taxpayers. But it’s amazing that DEMOCRATS were able to hold the line, without a single member voting for a bill that would cut taxes for nearly all Americans.

Once people get in their head that a bill doesn’t help them, it’s surprisingly challenging to convince them otherwise. You won’t find a lot of people who remember Obama primarily as a tax cutter, and Obamacare only became "popular" when Republicans began attempting to repeal it.



https://www.theatlantic.com/politics/archive/2017/12/why-dont-63-percent-of-americans-realize-theyre-getting-a-tax-cut-for-christmas/548852/

Their messaging didn't win the day their MSM ministry of propaganda won the day, most people actually believe their taxes are going to be raised.
 
Their messaging didn't win the day their MSM ministry of propaganda won the day, most people actually believe their taxes are going to be raised.

As they will be when the sunset day arrives and the conservative budget talks return to deficits and debts
 
For the last fucking time tax cuts do not decrease tax revenue! Jesus!

Oh, so when was the last time someone cut a revenue source and money coming in remained the same?

And if your going to respond with the voodoo economics that an improved economy will make up the loss forget it
 
As they will be when the sunset day arrives and the conservative budget talks return to deficits and debts

You fucking morons really need to stop playing that card because it's going to backfire once the truth of the matter comes out.

They are set to expire because of the Senate Budget Rule known as the Byrd Rule (as in Hillary's mentor; Robert "sheets" Byrd) which requires 60 votes to make individual tax cuts permanent and therefore they are up for a revote in 2025 only because not even 10 Senate Democrats would cross the aisle to put more money into the hands of the lower and middle class, but just keep running with it see how far your inverse of the truth gets you asshole.
 
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Oh, so when was the last time someone cut a revenue source and money coming in remained the same?

And if your going to respond with the voodoo economics that an improved economy will make up the loss forget it

It has never stayed the same, it has always gone up!

Federal-Revenue-Tax-Brackets5.png
 
As they will be when the sunset day arrives and the conservative budget talks return to deficits and debts

So in seven years or whenever it is and peoples rates return back to today if they aren't extended and you think people are stressed about that today?
 
So in seven years or whenever it is and peoples rates return back to today if they aren't extended and you think people are stressed about that today?

Not only that, but in seven years when the conservatives return to the deficit/debt conversation the discussion of entitlements will resurface

As I said earlier, when the average Joe sees this April the peanuts he's getting compared to what the top profits he's going to start questioning the " biggest tax cut in history"
 
But you failed to supply either

Your graph is too simplistic, doesn't account for an array of contributing variables

http://www.politifact.com/punditfac...-tax-plan-prompts-question-can-tax-cuts-real/

http://www.econdataus.com/taxcuts.html

The secondary source is right in the link, the chart shows exactly what I claimed it did, tax cuts do not decrease tax revenue, that is not to say they cause tax revenue increases, though there is a strong correlation between the two.
 
Not only that, but in seven years when the conservatives return to the deficit/debt conversation the discussion of entitlements will resurface

As I said earlier, when the average Joe sees this April the peanuts he's getting compared to what the top profits he's going to start questioning the " biggest tax cut in history"

So you think people will be envious if those of a higher economic position keep more of the money they make? Envy is generally not a good trait but I can see it happening
 
Not only that, but in seven years when the conservatives return to the deficit/debt conversation the discussion of entitlements will resurface

As I said earlier, when the average Joe sees this April the peanuts he's getting compared to what the top profits he's going to start questioning the " biggest tax cut in history"

Holy fuckballs, lower and middle classes are getting a disproportionately higher share of the tax cut as a percentage they get less in real numbers because they pay less in real numbers.

Furthermore; as already stated they are set to expire because of the Senate Budget Rule known as the Byrd Rule (as in Hillary's mentor; Robert "sheets" Byrd) which requires 60 votes to make individual tax cuts permanent and therefore they are up for a revote in 2025 only because not even 10 Senate Democrats would cross the aisle to put more money into the hands of the lower and middle class.

That they are not permanent already has nothing to do with the bill, with the republicans, or with Trump, in fact the House Bill made them permanent which is why they had to change it and cast a 2nd vote so as to abide by the Senate rules so it could pass.
 
The secondary source is right in the link, the chart shows exactly what I claimed it did, tax cuts do not decrease tax revenue, that is not to say they cause tax revenue increases, though there is a strong correlation between the two.

Can"t access it via your link, and as I said, the graph is too simplistic, I provided two credible sources that negate the generalized conclusion you are attempting to establish
 
Oh, so when was the last time someone cut a revenue source and money coming in remained the same?

And if your going to respond with the voodoo economics that an improved economy will make up the loss forget it

Actually, when federal taxes are cut, revenue DOESN'T stay the same. It goes up. No voodoo economics required.

Look at this chart, and show us a single instance where a federal tax cut has "cost the government money".

http://www.taxpolicycenter.org/statistics/federal-receipt-and-outlay-summary
 
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