What our politicians can still not get along even on something that will help people? Who would have ever thought that would happen. There is a reason I remember that saying by mark twain, "A politician and a baby need to be changed often, often for the same reason."
I love reading Mark Twain and Ben Franklin. They were incredibly smart people who could coin a phrase that was both easy to understand and oh so true. As far as the Democrats and Republicans agreeing, they couldn't agree water is wet even if you threw them all in, how are they going to agree to something as complicated as this. Given my druthers I'd pick two at random, as long as one was McConnell. And one was Pelosi, march then out in front of Congress and tar and feather them. Then I'd look at the other 533 members and say this is what's going to happen to you if you can't figure out how to get along and how to compromise. Go in there… you have two hours.
Let's talk about Trump's tax plan. Trump's plan is advertised - mostly by Trump - as great for the middle class. Nothing could be further from the truth. Source 4i.
Here are 15 provisions buried in the fine print of the tax bill that could affect you. College sports boosters, elementary school teachers, people with major medical bills and tornado victims would all lose tax breaks under provisions included in the 429-page tax cut bill House Republicans rolled out Thursday. In fact, there are scores of benefits in the tax code that would be eliminated or become harder to claim as Congress tries to make taxes lower for more people. Ref. USAToday.
Republican House Members Think a $450K Salary is Middle Class By Nicole Goodkind. Republicans issued a fact sheet about their new tax cut plan that referred to Americans earning $450,000 a year as "Low- and middle-income. Source 3x.
Poor Americans would lose billions of dollars worth of federal benefits under the Senate GOP tax bill, according to a new Congressional Budget Office report. Many of the folks who would forgo coverage would have lower or moderate incomes and would have qualified for Medicaid or federal help paying their premiums or out-of-pocket health expenses, CBO found. Ref. CNN.
Senate Republicans kick off debate on tax overhaul but major questions remain. The Senate voted along party lines Wednesday to begin debate on a sweeping Republican tax overhaul plan, setting the stage for a contentious floor fight even as GOP negotiators were still haggling over major changes behind closed doors. The biggest sticking point is a push from Republican deficit hawks to include a "Trigger" in the legislation that would automatically increase taxes or cut spending if the bill doesn't spark enough economic growth enough to make up for the revenue lost by cutting taxes. It is not yet clear how the final bill will address that concern. Ref. USAToday.
The whole tax problem is over blown and its because campaign promises are trying to override reason. In the end I hope they able to balance things so we don't end up in a worst mess than we are in right now.
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