On Wednesday, December 13, 2017 at 2:48:43 PM UTC-5, Ed Pawlowski wrote:
On 12/13/2017 12:37 PM, philo wrote:


As a Democrat, there is little Trump has proposed that I agree with, but
can go along with his views on the estate tax.

That said, a tax plan that increases the deficit is a very poor idea.

I always thought of Republicans as fiscally conservative.

Times sure have changed.

The tax code needs change but I'm not sure this is the right one for the
same reason. If you want to cut tax income, you should also cut
spending. We can run our household at a deficit for a year or two, but
eventually it causes big problems.

Also remember the personal tax break we may get is temporary and will
expire



+1

And we can't see what the impact to trump's taxes will be, because he won't release them. IDK what the final bill has, but the house bill has a 25% rate for subchapter s corp income that is passed through to the owners. That would take Trump from the 40% bracket to 25% because that's how most of his business is organized.





Even more troubling is the "Russia is our good buddy" syndrome.

We can be friendly, but not lower our standards to do so. Putin must be
so happy watching.

Exactly. The Russians are getting exactly what they want.