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applegrove

(118,749 posts)
Sun Dec 17, 2017, 08:51 PM Dec 2017

Its Not Tax Reform

https://politicalwire.com/2017/12/17/not-tax-reform/

"SNIP.........

New York Times: “The Republican tax bill does not pass the postcard test. It leaves nearly every large tax break in place. It creates as many new preferences for special interests as it gets rid of. It will keep corporate accountants busy for years to come. And no taxpayer will ever see the postcard-size tax return that President Trump laid a kiss on in November as Republican leaders launched their tax overhaul effort. This was not the grand simplification of the code that Republicans promised when they set out to eliminate tax breaks and cut the number of tax brackets as they lowered rates.”

“As their bill tore through Congress, their ambitions fell to the powerful forces of lobbying and the status quo. Killed tax breaks returned to life. New ones sprung up beside them. A plan for three individual tax brackets became five, and finally eight. … What emerged on Friday, in the final product agreed to by Republican members of a House-Senate conference committee, was a bill that layers new tax complexities upon businesses large and small, and which delivers a larger share of benefits to corporations and the rich than to the middle class.”

..........SNIP"
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Its Not Tax Reform (Original Post) applegrove Dec 2017 OP
This is what has been angering me to no end.... Ferrets are Cool Dec 2017 #1

Ferrets are Cool

(21,109 posts)
1. This is what has been angering me to no end....
Sun Dec 17, 2017, 09:02 PM
Dec 2017

this is NOT NOT NOT a tax reform bill....its a tax give-away bill for the rich. If it looks like a duck, call it a fucking duck.

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