Tax bill pros and cons?

[IceSpear]

What's the best argument to use to encourage my friends not to support this tax plan?

Lie about it by claiming it only helps the rich.

Yeah, only 99% of it helps the rich.

[IceSpear]

What's the best argument to use to encourage my friends not to support this tax plan?

Lie about it by claiming it only helps the rich.

Yeah, only 99% of it helps the rich.

Then why does even the left-leaning Tax Policy Center admit that 80% of households will see a tax cut (averaging almost $1,600 per household) and that only 5% of households will see their tax liability increase by more than $10?

I didn't say it ONLY helps the rich. But between massively lowering the corporate tax rate, lowering the top bracket tax rate, scaling back the estate tax, and the individual cuts having an expiration date, the rich will be reaping the vast majority of the benefits. The fact that a tiny portion of the lost revenue will be temporarily devoted to appeasing the little people hardly changes that fact.

[IceSpear]

You must be logged in to read this quote.

Well god forbid that a tax cut actually benefit those individuals who pay taxes.

The top 5% of households already pay 59% of all federal income taxes despite making less than 35% of all income. 

The bottom 50% of households doesn't even pay 3% of income taxes.

There's no way to cut taxes that benefits the middle and lower classes when these income categories aren't even paying taxes to begin with.

So then you admit the bill will mostly help the rich, which is exactly what I said, and which was supposedly a "lie."

"Of course the wealthy are the ones benefiting from the estate tax change, lower and middle classes don't have an estate!" Yes, which is exactly why it's a benefit for the rich only, just like the vast majority of the bill!

Your rebuttal may be correct. But we're not arguing on whether to spend $1.5 trillion cutting taxes for rich people or poor people. We're arguing about whether or not to cut taxes at all, and if so, to whom and how much lost revenue is acceptable. Needless to say, I disagree with the GOP bill on all those aspects, which answered with, respectively: "Yes, almost entirely the uber wealthy, and having as much discretion as a drunken sailor."

[IceSpear]

You must be logged in to read this quote.

Well god forbid that a tax cut actually benefit those individuals who pay taxes.

The top 5% of households already pay 59% of all federal income taxes despite making less than 35% of all income. 

The bottom 50% of households doesn't even pay 3% of income taxes.

There's no way to cut taxes that benefits the middle and lower classes when these income categories aren't even paying taxes to begin with.

Well then, the GOP probably shouldn't of sold it as a "middle class tax cuts," with a repeal of the "death tax" to help "family farmers." According to Trump, it's "the biggest tax cuts for the middle class ever."

Frankly I could care less about the tax cuts bill itself. My problem with this scam is that it won't do jack shít to improve the economy and it will explode the deficit...all from a party of hacks that's been shutting down the government since Gingrich  was speaker over "reigning in these tax and spend Democrats who run up the debt."

Yes, if we're all going to be honest, let's trade: Dems can stop saying this will increase most people's taxes if the GOP stops acting like this is anything other than a giveaway to the rich.