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Trump’s treasury secretary: The tax cut ‘will pay for itself’

fmw said:
Tax reform is done in the congress. There is no bill yet.
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We know both that Congress passes the bill and that no bill has been introduced. That doesn't address that tax proposals are envisioned and developed by the Executive Branch and then sent to Congress as a proposal that Congress introduces, sends to committee, amends, etc. That's exactly how the Bush tax-cuts came to be.

Trump promised tax reform as one of his 100 day agenda items. It doesn't seem like he'll make his own goal -- but i am sure he'll move the goalpost as usual.
 
"Trump promised tax reform as one of his 100 day agenda items. It doesn't seem like he'll make his own goal -- but i am sure he'll move the goalpost as usual." M #401
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Trump has exposed himself as a pompous self-important buffoon.

Trump imagined himself so superior to the career professionals that have held presidential office that he could dance circles around them; that for example he could repeal and replace Obamacare with something better.
"President Trump will not rest, will not relax until we repeal & replace Obamacare." VP Pence
17/03/25 Charleston, WV

"We will have so much winning if I get elected, that you may get bored with winning." Republican leading presidential candidate Donald Trump - September, 2015

And the pizza de Renaissance:

“Nobody knew that healthcare could be so complicated.” President Trump
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What a BUFFOON !!
 
sear said:
Trump has exposed himself as a pompous self-important buffoon.
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I know that you will enjoy this read:

Living in the Trump Zone

28krugmanWeb-master768.jpg
 
The stage name of the boy in the foreground (B&W well noted) was Billy Mumy.
If he's still alive, his face is craggy, and he looks like a grandfather.
 
Critter7r said:
And i promise not to claim that its "blue to the core".

Sent from my SM-G360V using Tapatalk
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More head in the sand talk. You twisted the definition of "core". I never used the word "completely" like you claimed in another post. Continue on with your delusion that 2/3rd's of the states aren't severely red in color. The left would be wise to figure out where they went wrong because it is not voter turnout. It was not with the EC. It was not with Comey. It was not with the Russians. It wasn't even with nominating Hillary when it comes to all of those red states. Those 2/3rd's of red states had nothing to do with presidential election or the other things I already mentioned. If a heavy drinker refuses to acknowledge that they have a problem then they will be unable to fix it. Same here with the left who refuse to acknowledge they have a problem. They continue blaming everyone else but themselves. I'm for moderation on both sides and don't want any one party (even the GOP) to have total control. I want both of the extremist ends to become more moderate and that means I actually hope Democrats can learn from their mistakes but they don't seem to be.
 
MTAtech said:
We know both that Congress passes the bill and that no bill has been introduced. That doesn't address that tax proposals are envisioned and developed by the Executive Branch and then sent to Congress as a proposal that Congress introduces, sends to committee, amends, etc. That's exactly how the Bush tax-cuts came to be.

Trump promised tax reform as one of his 100 day agenda items. It doesn't seem like he'll make his own goal -- but i am sure he'll move the goalpost as usual.
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Obviously he doesn't control the congress. The promises are well meaning but the timing is out of his hands. Nothing new there.
 
Moderate Right said:
More head in the sand talk. You twisted the definition of "core". I never used the word "completely" like you claimed in another post.
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google the definituon of "to the core", please. Theres no other possible definition except "completely comprised of one thing". If a ball bearing is made of "steel to its core", that doesnt mean that 40% of it is copper. Please, buy a clue.

Continue on with your delusion that 2/3rd's of the states aren't severely red in color.
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i posted the breakdown. you are simply wrong. Unless you've changed the definition of "severely".

The left would be wise to figure out where they went wrong because it is not voter turnout. It was not with the EC. It was not with Comey. It was not with the Russians. It wasn't even with nominating Hillary when it comes to all of those red states. Those 2/3rd's of red states had nothing to do with presidential election or the other things I already mentioned. If a heavy drinker refuses to acknowledge that they have a problem then they will be unable to fix it. Same here with the left who refuse to acknowledge they have a problem. They continue blaming everyone else but themselves. I'm for moderation on both sides and don't want any one party (even the GOP) to have total control. I want both of the extremist ends to become more moderate and that means I actually hope Democrats can learn from their mistakes but they don't seem to be.
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You stand for nothing.

Sent from my SM-G360V using Tapatalk
 
fmw said:
Obviously he doesn't control the congress. The promises are well meaning but the timing is out of his hands. Nothing new there.
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How can you say that? Trump is the best deal maker that has ever lived -- just ask him. If he can't get Congress, of whom he is the leader of the party, how is he going to do anything?

Just admit it, Trump sold voters on a bill of goods. He's a fraud.
 
Critter7r said:
google the definituon of "to the core", please. Theres no other possible definition except "completely comprised of one thing". If a ball bearing is made of "steel to its core", that doesnt mean that 40% of it is copper. Please, buy a clue.



i posted the breakdown. you are simply wrong. Unless you've changed the definition of "severely".



You stand for nothing.

Sent from my SM-G360V using Tapatalk
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Like a true liberal, you're stuck up on technical definitions while I'm looking at the big picture. 2/3rd's of the states are red to the core. If you can't figure out what you're doing wrong, those states will continue to be red to the core and it doesn't mean a damn whether you want to argue about the definition.
 
MTAtech said:
How can you say that? Trump is the best deal maker that has ever lived -- just ask him. If he can't get Congress, of whom he is the leader of the party, how is he going to do anything?

Just admit it, Trump sold voters on a bill of goods. He's a fraud.
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I can say it because it is true - except for Trump haters like you.
 
fmw said:
I haven't seen any of that evidence. The real swamp is the U.S. Congress and he has no power to drain it. It is something we have to do. He has already taken some steps to drain what he has the power to affect.
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Apparently you consider a bunch of Wall Street billionaires to be draining the swamp it's not
 
fmw said:
What bill is that?
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Yes, I'm terribly sorry, I should have known one person would point out that there is merely a newly announced plan that the GOP has put together which will be the basis for a bill that was bought, paid for and is currently being sold by billionaires. Unless you think there will be no tax reform bill and the GOP led congress and executive branch is going to decide to tell us that their tax cut plan was a funny joke.
 
Moderate Right said:
Like a true liberal, you're stuck up on technical definitions while I'm looking at the big picture. 2/3rd's of the states are red to the core. If you can't figure out what you're doing wrong, those states will continue to be red to the core and it doesn't mean a damn whether you want to argue about the definition.
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It's funny how closely those locations (the deep red areas) correlate with uneducated, racist people.
 
Mustachio said:
It's funny how closely those locations (the deep red areas) correlate with uneducated, racist people.
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Opinion noted. It's funny how those deep blue city areas contain so many uneducated people and illegals and the poor.
 
Mustachio said:
Yes, I'm terribly sorry, I should have known one person would point out that there is merely a newly announced plan that the GOP has put together which will be the basis for a bill that was bought, paid for and is currently being sold by billionaires. Unless you think there will be no tax reform bill and the GOP led congress and executive branch is going to decide to tell us that their tax cut plan was a funny joke.
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That is lovely but the point was that you are seeing a plan that hasn't even begun the legislative process. It isn't worth the criticism and personal attacks you offer up.
 
Moderate Right said:
Opinion noted. It's funny how those deep blue city areas contain so many uneducated people and illegals and the poor.
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The deep blue city that I live in which ranks at or near the top in the nation for education, standard of living, education and income?
 
fmw said:
That is lovely but the point was that you are seeing a plan that hasn't even begun the legislative process. It isn't worth the criticism and personal attacks you offer up.
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That's fair, but it's also certainly fair to note that it's very, very clear that the Trump tax plan is to cater mostly to the rich. I support tax cuts and and legislation which supports small business, even on matters that other liberals would disagree (or strongly disagree) with. But I think the ideas - since you've writing pointed out the legislative process has yet to begin - are clear and can be discussed with some degree of certainty regarding what we'll see. Supporting small business and middle class/upper middle class families is a great tool the GOP uses to achieve their real goal of backing giant corporations and billionaires who get them elected. The DNC would win a lot of moderate voters over by embracing the wave of populism that Trump pretended to run on and Bernie Sanders actually ran on.
 
Mustachio said:
The deep blue city that I live in which ranks at or near the top in the nation for education, standard of living, education and income?
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Anecdotal. If liberals refuse my anecdotes I refuse yours.
 
Mustachio said:
That's fair, but it's also certainly fair to note that it's very, very clear that the Trump tax plan is to cater mostly to the rich. I support tax cuts and and legislation which supports small business, even on matters that other liberals would disagree (or strongly disagree) with. But I think the ideas - since you've writing pointed out the legislative process has yet to begin - are clear and can be discussed with some degree of certainty regarding what we'll see. Supporting small business and middle class/upper middle class families is a great tool the GOP uses to achieve their real goal of backing giant corporations and billionaires who get them elected. The DNC would win a lot of moderate voters over by embracing the wave of populism that Trump pretended to run on and Bernie Sanders actually ran on.
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No it is not clear. The top 20% of income earners pay 93% of the income tax. That makes it obvious that the middle class is the major beneficiary of what has been proposed.
 
fmw said:
No it is not clear. The top 20% of income earners pay 93% of the income tax. That makes it obvious that the middle class is the major beneficiary of what has been proposed.
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Every independent organization, such as the Tax Foundation, that has reviewed Trump's campaign tax plan has concluded that primarily slashes taxes on the well-to-do while throwing scraps to everyone else. The sketch released last week doesn't tell us any detail but does tell us that there will be fewer brackets and it would eliminate estate taxes, which only apply to rich people.
 
MTAtech said:
Every independent organization, such as the Tax Foundation, that has reviewed Trump's campaign tax plan has concluded that primarily slashes taxes on the well-to-do while throwing scraps to everyone else. The sketch released last week doesn't tell us any detail but does tell us that there will be fewer brackets and it would eliminate estate taxes, which only apply to rich people.
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I think the tax foundation is wrong. Sorry.
 
fmw said:
I think the tax foundation is wrong. Sorry.
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Goodness, the Trump plan cuts taxes on businesses (e.g. C Corporations) and pass through entities (e.g. Wall Street hedge funds) from a maximum of nearly 40% to 15%. How can it not primarily benefit the wealthy taxed at those top rates and who often if not nearly always have significant shares of their wealth in businesses, and from which they make their $millions or $billions?
 
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