Trump wants a tax break....

Bob001

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theprestige said:
This seems like the same criticism that gets leveled against every right wing administration's tax proposals. And probably several from the left as well.

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The accusation should be judged on it's specific merits, and not if it's been lain against others, no?
 
theprestige said:
This seems like the same criticism that gets leveled against every right wing administration's tax proposals. And probably several from the left as well.

ETA: Ah, here we are:

http://www.reuters.com/article/us-obama-estatetax-idUSTRE6B664X20101207


https://mobile.nytimes.com/2012/12/...-plan-would-spare-many-affluent-families.html

http://nypost.com/2014/10/12/obamas-4-trillion-gift-to-the-rich/
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Perhaps so. Perhaps many or most such plans benefit the wealthy more.

Does that mean that benefiting the wealthy disproportionately isn't a legitimate complaint about a given tax plan? Hell, maybe Obama's tax plan was ****. Maybe that was worth discussing at that time, but we're discussing the current one, aren't we?
 
theprestige said:
This seems like the same criticism that gets leveled against every right wing administration's tax proposals. And probably several from the left as well.
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Probably? You really think so?

If there's one thing which distinguishes left from right it's that the left favour progressive taxation while the right favour regressive taxation - ideally, no taxation on the rich at all because they buy everything they want and do such a great job creating the wealth which makes them rich. Which, of course, means the left are against wealth, but that's the left for you.

I don't think the left has ever suggested reducing inheritance tax, let alone eliminating it. The left is more likely to eliminate inheritance.
 
tyr_13 said:
The accusation should be judged on it's specific merits, and not if it's been lain against others, no?
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It's a question of level of effort. Do I really need to investigate the merits of every presidential tax plan? Especially against such a commonplace complaint?

Bob001 posted a bunch of headlines, but so what? Such headlines are a dime a dozen. If what we're seeing is the status quo, why should I care?

Tax law is decided by Congress, anyway.

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theprestige said:
This seems like the same criticism that gets leveled against every right wing administration's tax proposals.
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In your own words, could you describe the specific criticism to which you are referring? I'd like to see just how far you're attempting to move the goal posts.
 
Trump tax plan for 'average Americans' would mainly help richest 1%, study finds
https://www.theguardian.com/us-news/2017/sep/29/trump-tax-plan-benefit-richest-1-percent

Donald Trump’s “once-in-a-lifetime” plan to cut taxes for “average Americans” would mainly benefit the richest 1% and deliver only modest cuts for most US households, according to an independent analysis released on Friday.

Trump announced a radical overhaul of the US tax system on Wednesday, claiming the plan would bring relief to middle-class households. But according to a study released by the Urban-Brookings Tax Policy Center, the average cut to most households would be just $1,700 by 2027 – and one in four households would actually pay more tax.

Households making more than about $900,000 a year, however, would see their taxes drop by more than $200,000 on average.
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Typical Guardian sleight-of-hand : that's $200,000 over ten years, which is only $20,000 a year, which is like nothing when you're pulling that kind of wedge.

To the average hard-working family, $170 every Xmas makes all the difference.
 
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phiwum said:
Perhaps so. Perhaps many or most such plans benefit the wealthy more.

Does that mean that benefiting the wealthy disproportionately isn't a legitimate complaint about a given tax plan? Hell, maybe Obama's tax plan was ****. Maybe that was worth discussing at that time, but we're discussing the current one, aren't we?
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It's like the story of 'the boy who cried wolf', only there really was a wolf almost every time.

theprestige said:
It's a question of level of effort. Do I really need to investigate the merits of every presidential tax plan? Especially against such a commonplace complaint?

Bob001 posted a bunch of headlines, but so what? Such headlines are a dime a dozen. If what we're seeing is the status quo, why should I care?

Tax law is decided by Congress, anyway.

This signature is intended to irradiate people.
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In other words, you have no idea of the veracity of the claim, but choose to ignore it while stating that you choose to ignore it.

And those are links, not just headlines. The articles in them have reasoning and numbers to back up that reasoning.

And Congress is controlled by Trump's party.
 
Bob001 said:
Trump's tax plan, despited claims of his minions, would be mostly a gift to the richest, including himself.
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This is a lie. The president said his tax reform proposal -- and this is an exact quote -- "is not good for me. Believe me."
 
Cain said:
This is a lie. The president said his tax reform proposal -- and this is an exact quote -- "is not good for me. Believe me."
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Two possibilities:

1. Trump is telling the truth because he doesn't pay any taxes anyway, or

2. He will be seeing a lot more income but it will be exhausting for him to figure out how to spend it all. After you spend your first $100,000,000 in a year you have to be very creative to find anything else to buy. And then the next year you have to do it all over again. Do you think that's easy!?!
 
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Cain said:
This is a lie. The president said his tax reform proposal -- and this is an exact quote -- "is not good for me. Believe me."
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“Believe me” is a sure sign 45 is telling the truth. He is the hardest working, most honest, healthiest, most popular, largest crowd gathering man ever to hold office, after all.
 
TheSupermeerkat said:
“Believe me” is a sure sign 45 is telling the truth. He is the hardest working, most honest, healthiest, most popular, largest crowd gathering man ever to hold office, after all.
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You left out that he is the smartest guy in the room, has great words, the best ideas, hires the best people, will stay in the White House instead of going out to play golf like Obama, will fix healthcare his first day in office, and will release his taxes as soon as they aren't under audit.
 
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