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LovingA2andMI

(7,006 posts)
Wed Sep 27, 2017, 12:16 PM Sep 2017

Those Fine Details....Student Loans Deductions

To America's Student Loan Debtors....

With Cheeto's "Tax Cut" The Ability To Deduct The Interest On Your Student Loans Will Disappear. -- Call your Congressperson and Senator NOW if you disagree with eliminating this important deduction on your tax return.

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Eliot Rosewater

(31,106 posts)
1. 60 million Americans voted so the rich would pay no taxes and they, the voters
Wed Sep 27, 2017, 12:28 PM
Sep 2017

would pay ALL the taxes.

Middle class republicans want to pay MORE in taxes, who woulda thunk it!

lark

(23,065 posts)
2. It also elliminates the mortgage interest exemption!
Wed Sep 27, 2017, 12:39 PM
Sep 2017

This is a huge deal for home owners who aren't part of the 1% and Dems need to advertise this to death. They want to eliminate deductions for state income taxes because that hits blue states the hardest, but this will totally antagonize the red middle class who voted for him overwhelmingly because it will hit hardest in the low income states where home ownership is more common than in urban areas. Of course, he and Repugs in general don't really care about helping their poor and middle class voters, just the rich. The others they think they can sway with their lies, but once the tax bill hits, it's game over for these asses.

n2doc

(47,953 posts)
3. They want to eliminate the property tax deduction as well
Wed Sep 27, 2017, 12:41 PM
Sep 2017

Really screwing homeowners and providing a strong impetus for people to try and force those takes down, which will screw public schools and municipalities.

customerserviceguy

(25,183 posts)
5. Its not going to go through
Wed Sep 27, 2017, 01:33 PM
Sep 2017

They cannot get all 52 GOP Senators to agree on anything, except Gorsuch, and that was in the "honeymoon" period, which is now long gone over.

It will be another almost year and a half of gridlock.

Johonny

(20,820 posts)
7. I can't see how there will be another health care bill vote because this tax plan sucks
Wed Sep 27, 2017, 02:08 PM
Sep 2017

and is about to dominate the political news.

Xolodno

(6,384 posts)
8. Something I always tell my GOP friends...
Wed Sep 27, 2017, 02:11 PM
Sep 2017

Sure, Republicans don't raise taxes...and even lower them. But only after they eliminate all your deductions.

It's their slow crawl to their goal of a flat tax.

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