Trump fans and tax reform

Again why don't you inform them they are getting the shaft by their own local elected officials? Why bring Trump into a problem they created..

 

You have it backwards. Trump wants to remove those deductions to fund the tax benefit for people living in states with low or non-existent state taxes, which, BTW, happen to be red states for the most part. So, the blue states are funding the benefit for his supporters in the red states.

Often, stupid people think the majority of people are as stupid as they are. This stunt is so transparent a blind man can see it. Congress will change that structure. There are a lot of Republican lawmakers from those blue states. Their constituents are not going to pay for the tax benefits going to Trump's base.

 

Do you have a reading problem? Can you read the title of this thread? We are talking about Trump's tax reform plans.

Did you vote for Trump? That explains it. Geez!

 

So you want to punish the states that didn't take the Obama care bait to fund those that did..gottcha and Trump is reversing it.

 

Yea and you are hop scotching over the main problem like a good lefty.

 

It's not our problem people in blue states voted for high taxes, it's theirs

 

Well, I don't know that the 1% will make that much. If you are taxed at 39.5% on a million dollars of taxable income, you pay $395,000. If you're taxed at 35%, you save $45,000.

But be that as it may, now you see why I define myself as a conservative by my own definition of the word, and I often don't identify with "Republicanism", and I remain an Independent.

 

I get it. You are one of the few refreshing posters who can look at issues from both sides of the coin. Unfortunately, we don't have more of them on this forum, and in society in general. The art of moderation seems to be lost these days, everyone seems to swing to the extremes. And I admit, I fall in the hyperpartisan trap too, more often than I like.

 

Trump's former senior advisor, Steve Bannon, has declared war on every Republican incumbent in Congress except Ted Cruz. Of course, this would include Senate Majority Leader Mitch McConnell, who will have a leading role in any tax reform bill.

Prior to Monday's 45-minute press conference with McConnell, Trump had this to say about Bannon. Trump said Monday he can understand why his former top advisor Steve Bannon called for "a season of war" on the GOP establishment.

"I’m not going to blame myself. I’ll be honest, they [McConnell's Senate] are not getting the job done," Trump told reporters. "I can understand where Steve Bannon is coming from," Trump said.

During the press conference minutes later, Trump had this to say about McConnell. "My relationship with this gentleman is outstanding [and] has been outstanding." Trump said.

McConnell replied, "I think what the President and I would both like to say to you today, contrary to what some of you may have reported, we are together totally on this agenda to move America forward." Did McConnell mean the comments from Trump reported moments earlier?

In response to a reporter's question, Trump proceeded to rub salt in the wound. "Well, I have a very good relationship, as you know, with Steve Bannon. Steve has been a friend of mine for a long time. I like Steve a lot. Steve is doing what Steve thinks is the right thing." McConnell could only stand there as Trump praised the man who wants end his career.

Regarding the four dead green berets killed in Niger, Trump said, “The traditional way, if you look at President Obama and other presidents, most of them didn't make calls. Lot of them didn't make calls. I like to call when it's appropriate, when I think I'm able to do it. They have made the ultimate sacrifice. So generally I would say that I like to call.”

Multiple sources pointed out that was a vicious lie about a former President. One reporter call him on it. Trump muttered, “I don’t know if he did [call the families] no, no. I was told that he didn’t often, and a lot of presidents don’t write letters. I do a combination of both. Sometimes it’s a very difficult thing to do but I do a combination of both. President Obama I think probably did sometimes and maybe sometimes he didn’t, I don’t know, that’s what I was told. All I can do is ask my generals. Other presidents did not call, they’d write letters. And some presidents didn’t do anything but I like, when I can, the combination of a call and also a letter.”

In other words, Trump's press conference was a disaster. It will probably be another eight months before he holds another. Clearly, he was not in control and that is unacceptable to him. He may not hold another press conference as long as he is President.

The other conclusion one reaches. When it comes to making statements, Trump cannot be trusted.

 

I don't think any states should be punished by a tax reform proposal.

Blue states like CA and N.Y. provide more income to the federal government than red states. Blue states are less dependent on the federal government. Blue states take care of their own better than red states.

Tell me something. Why do you wish to punish blue states? I know the answer to that one. You live in a red state. Your state needs help from the blue states and you resent that.

 

Once again I will post this for the hundrth time, red states have military bases and national laboratory's like Los Alamos that's included in those skewed numbers..

 

And so do blue states. Do you have idea how many military bases are located in CA alone? Probably more than South Carolina, North Carolina, Georgia, Alabama, and Mississippi combined. Your point? What skewed numbers?

Los Alamos is located in New Mexico. New Mexico is a blue State.

Face it, the blue states which contribute more to our country in terms of the economy and federal tax dollars are financing the tax benefits that will be received by people like you, people who live in red states. That is Trump's plan, and it won't see the light of day. As usual his foolish strategy -- reward those who voted for him, make those who voted against him pay -- is transparent.

And somehow with a really weird twist of logic you want to blame the blue states because of their success.

 

I don't believe you. I live in CA, and the deduction is not that great. In CA, the rate is 7.5%. In New York, most people pay 6.65%

If your brother isn't paying any federal income tax, it is because he doesn't make enough money. Not because he pays state income tax. Also, your brother can't be paying both N.Y. and Connecticut state income taxes. Are confusing income tax with sales tax?

 

Hey, if any of you want to read more of his fiction, check on Amazon.com for the book titled The Bode Testament.

 

I sold a home to Anthony Washington, then playing as a starter for the Washington Redskins and since he lived and worked in Maryland for much of the year, he declared and paid income taxes to Maryland. Anthony finished the season and later as he came to CA, CA went after him and punished him. He had no income in CA but they still killed him.

 

We in CA shut down so many military bases it is hard to recall any other than Camp Pendleton or the navy base by San Diego.

Face it, you favor blue states and red states disgust you.

 

It is poorly thought out to demand Trumps tax returns. By Federal laws, he has the right of privacy on tax returns.

Were I to publish some of my clients tax returns, I by law can be prosecuted to the fullest.

 

We've kind of gotten away from what this thread is all about. It is time to review the situation.

How many senior citizens on this forum support Trump? Better yet, how many senior citizens on this forum who consider themselves members of the middle class and who live in New York, California, Connecticut, Wisconsin, New Jersey, Illinois, Maryland, or Minnesota still support Trump? Those are the states with the highest state income taxes. If you live in any one of those states, you may want to re-examine your position.

During the election campaign, I had a few friends who supported Trump. I urged them they were voting against their own interests. That is even more true today. Allow me to explain.

Trump has promised that his tax reform proposals are designed to benefit the middle class. Because his proposals lack a great deal of specifics -- for example, what are income levels of his three tax brackets? -- we don't really know that for sure. But let us assume that is true, but will this benefit all the members of the so-called middle class as he intends?

The millions of senior citizens, middle class type, living in the aforementioned states should consider this. Most people know that in Trump's plan there will be no deduction for state income taxes. That alone is huge.

Seniors, obviously, have significantly more health issues than younger people, millions with serious health issues. Of course, that applies to all senior citizens regardless of where they live. For those on Obamacare insurance premiums are going up and up as is out-of-pocket expenses. What is less known is this:

Trump's tax reform plan eliminates the medical deduction.

His plan is not law, yet, and many of his ideas may end up on the cutting room floor once Congress gets to work on tax reform. That is not the point. The point is, what are Trump's objectives? Who does he want to benefit from his tax reform proposals? Who has he deemed will pay for the benefits accrued by others?

The answer to the last question: Middle class senior citizens living in those eight states, some of the most populous states in the country. Trump plans to reward the rural and southeastern states for their vote.

There is one other major difference between senior citizens and junior citizens. Senior citizens vote.

They don't have anything else to do.

 

Hey, Robert, thanks for the plug.

It's historical fiction, actually, about a disastrous naval battle no one has heard of involving the U.S. fleet.

 

Damn right. they are responsible for Trump, who is rapidly becoming a laughing stock. He takes away the insurance subsidies that helped the less fortunate buy health insurance. Now he is endorsing a Democratic plan to restore the insurance subsidies.

Typical Trump. He wants it both ways. He takes away the subsidies because that is what he promised his base. Now he wants to restore them because he doesn't want anyone mad at him.

Like I said, a laughing stock.

 

Robert, we were talking about Trump's tax returns. Every President for the past 40 years has provided his tax returns ... except Trump! The poster was wondering how anyone could trust Trump on tax reform. Will his plan be self-serving?

It is interesting speculation.

 

Ha!

From the 1970's until 2003, my dad lived in Connecticut and worked in NYC. He paid Connecticut state income taxes, New York State income taxes, and NYC income taxes. Oh ... and federal income taxes.

 

No it isn't. The repeal of the inheritance tax is all the proof anyone needs. That isn't designed to help the middle class who probably rarely leaves a Five plus million estate.

 

Sorry but those who really care about America aren't laughing.

 

Let's say your dad made $100,000 working in N.Y. Let say he is not working in Conn. Are you telling me he paid Conn. and N.Y. states taxes on the N.Y. income, the $100,000?

If so, he needed an accountant ... bad.