Tax Reform

[Spider]

[Kane]

George the elder was responsible - have to give him that one.

[Spider]

[John Galt]

[Kane]

Then they need to make current reforms revenue neutral - for reals. Instead we have this shit;

https://www.washingtonpost.com/business ... 8ff4502fe3

Delaying the corporate tax rate cut until 2019.

http://www.taxpolicycenter.org/publicat ... s-act/full

Aften ten years the "reform" would net virtually no change in after tax income for those making less than $55,000. On top of that, a full 25% of tax filers would see a tax increase relative to current law by 2027.

[Kane]

This bill is just so garbage. Removing the one time deduction for adopting a child? That saves the US $300 million? That's worth this?

[John Galt]

last time there was reform it took years. its complicated and should take compromise. you're only calling it shit because they are trying to ram through the latest iteration or whatever

[Kane]

Well yeah, it goes directly to your point regarding any conversation about what government programs should stay and what should go. There is no discussion under way, the most specific reasoning given by the GOP for the need of this tax reform bill is that they'll lose their donors if they don't get it passed. Lindsay Graham said exactly that.

That's a good enough reason for me to object to this bill in its totality because it appears to be as slipshod as the way in which it's being pushed through congress.

[Saz]

[Spider]