GOP tax plan to rasie the tax rate on the poorest taxpayers
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  GOP tax plan to rasie the tax rate on the poorest taxpayers
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Author Topic: GOP tax plan to rasie the tax rate on the poorest taxpayers  (Read 298 times)
Gass3268
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« on: September 26, 2017, 11:32:56 AM »
« edited: September 26, 2017, 12:00:27 PM by Gass3268 »

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Also in the GOP tax plan:

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mvd10
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« Reply #1 on: September 26, 2017, 11:36:24 AM »

It wouldn't raise taxes on the poorest taxpayers because the standard deduction also would go up... And the 12% bottom rate already was in the House GOP tax plan from June 2016, so it isn't new.
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Sprouts Farmers Market ✘
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« Reply #2 on: September 26, 2017, 11:36:29 AM »
« Edited: September 26, 2017, 11:42:09 AM by Sprouts Farmers Market ✘ »

lol at the totally false headline. Many more will be paying no tax as one would expect. The 2% bracket rise is effectively to collect more from the middle class at someone else's expense. The accurate criticism is that is lowers taxes for the highest bracket which will be detrimental to our services for the poor.
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swf541
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« Reply #3 on: September 26, 2017, 11:41:17 AM »

lol at the totally false headline. Many more will be paying no tax as one would expect. The 2% bracket rise is effectively to collect more from the middle class at someone else's expense. The accurate criticism is that is lowers taxes for the highest bracket which will be detrimental for our services for the poor.

100% agreed
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Gass3268
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« Reply #4 on: September 26, 2017, 11:45:32 AM »

Still horrible optics that will become a key talking point against it.
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Nyvin
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« Reply #5 on: September 26, 2017, 11:46:23 AM »

The accurate criticism is that is lowers taxes for the highest bracket which will be detrimental to our services for the poor.

This is the bigger news for the tax plan.
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President Punxsutawney Phil
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« Reply #6 on: September 26, 2017, 11:49:10 AM »

lol at the totally false headline. Many more will be paying no tax as one would expect. The 2% bracket rise is effectively to collect more from the middle class at someone else's expense. The accurate criticism is that is lowers taxes for the highest bracket which will be detrimental to our services for the poor.
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mvd10
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« Reply #7 on: September 26, 2017, 03:24:02 PM »

I doubt there will be anything spectacular in the press conference. They'll talk about which taxes they're going to cut and how it will help everyone without talking about how they're going to pay for it. It actually makes sense because it's better to delay that until the last possible moment. You don't want a 3-month anti-tax reform campaign from wealthy special interests, it's better to keep them in suspense. But we've already had like 10 of these useless press conferences.
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