Atlasian Budget Congressional Committee

[Potus]

Let me also say that I support at least a $10,000 standard deduction. Really, $15,000 would be better so all full time minimum wage work would be tax exempt. The proposal should be revenue neutral when adjusting for the standard deduction component.

If the proposal still doesn't shake out toward neutrality after a hefty standard deduction, rate cuts should go toward the 15% and 20% brackets.

Also, I encouraged an investment income deduction before. I think $50,000 was probably much too small. There are a couple ways of to expand that and provide a more equitable treatment of investment. One is to just raise it from $50k. Probably at least in the upper hundreds of thousands.

Beyond that, the House GOP tax proposal from Better Way includes an exclusion for investment income of 50% while taxing capital gains at regular income tax rates. I like this approach.

[Blair]

Let me also say that I support at least a $10,000 standard deduction. Really, $15,000 would be better so all full time minimum wage work would be tax exempt. The proposal should be revenue neutral when adjusting for the standard deduction component.

If the proposal still doesn't shake out toward neutrality after a hefty standard deduction, rate cuts should go toward the 15% and 20% brackets.

I would support that; I was stupidly thinking about the fact in the UK income tax starts being paid at £10,000; which probably equals out to $14,000

[NeverAgain]

Okay, we will vote STV on the 5 proposals.

[  ] Proposal A - Riley
[  ] Proposal B - Pingvin
[  ] Proposal C - Hillary Clinton
[  ] Proposal D - Jeb Bush
[  ] Proposal E - NeverAgain

[LLR]

[4] Proposal A - Riley
[5] Proposal B - Pingvin
[2] Proposal C - Hillary Clinton
[3] Proposal D - Jeb Bush
[1] Proposal E - NeverAgain

[NeverAgain]

[1] Proposal E - NeverAgain
[2] Proposal C - Hillary Clinton
[3] Proposal A - Riley
[4] Proposal D - Jeb Bush
[5] Proposal B - Pingvin

[Prince of Salem]

[2] Proposal A - Riley
[3] Proposal B - Pingvin
[5] Proposal C - Hillary Clinton
[1] Proposal D - Jeb Bush
[4] Proposal E - NeverAgain

[NeverAgain]

Bumpadoodles.

[Blair]

1. Riley
2. NeverAgain
3. Hillary Clinton
4. Jeb Bush
5. Pingvin

[NeverAgain]

Bumpadoodles.

2 more days. Gunna PM some people in a minute.

[Unconditional Surrender Truman]

1. Riley

SPOOKY SOCIALIST!

[NeverAgain]

Kay guys. Since everyone that is supposed to be in the committee voted, I will close voting.

So my proposal wins (yay), as 2 first prefs for it, 1 2nd pref, and 1 4th pref.

Also, if anyone wants to join, you are FULLY welcome to. I am really hoping we can pass a Budget for the new President to sign on Day 1ish.