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global1

(25,215 posts)
Wed Sep 27, 2017, 09:34 PM Sep 2017

The Dems Need To Get In Front Of This Tax Reform Bill From Trump Immediately.....

they need to really push massive tax breaks and savings for the middle class - well beyond what the Repugs and Trump think that they are giving up to the middle class with their proposal.

This way they have a real negotiating stance against the Repugs. if the Dems don't do this they take the chance of the Repugs and Trump painting them into a corner that - the Dems don't want to give tax breaks to the middle class.

If the Dems push for massive tax breaks to the middle class - the Repugs won't be able to use that against them.

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The Dems Need To Get In Front Of This Tax Reform Bill From Trump Immediately..... (Original Post) global1 Sep 2017 OP
Many will vote for them hibbing Sep 2017 #1
Oh I'm sure weakass Gergen and Donna shaLayla will be boring everyone on the Sunday shows elehhhhna Sep 2017 #2
Be sure to frame it as Wealthcare Reform. Sneederbunk Sep 2017 #3
It's very easy to create a deficit neutral tax plan that benefits the middle and lower classes. LonePirate Sep 2017 #4

hibbing

(10,089 posts)
1. Many will vote for them
Wed Sep 27, 2017, 09:38 PM
Sep 2017

I've seen this movie before. Both parties serve their corporate masters.


Peace

LonePirate

(13,402 posts)
4. It's very easy to create a deficit neutral tax plan that benefits the middle and lower classes.
Wed Sep 27, 2017, 10:16 PM
Sep 2017

1. Eliminate the current lowest tax rate and bracket and/or sizably increase the standard deduction and personal exemption.
2. Eliminate the carried interest loophole.
3. Increase the capital gains tax rate for gains above $250,000.
4. Increase the estate tax.
5. Increase the AMT tax rate while adjusting the floor upward.
6. Increase the top tax rate.
7. Cap itemized deductions apart from charitable contributions.
8. Rework and restrict depreciation in corporate returns.
9. Overhaul/increase taxation on corporate executive pay and golden parachutes.
10. Tie corporate rate cuts to sustained and increased domestic employment (higher median wages and higher number of employees lead to lower rates).

If the Republicans want to wage class warfare that benefits the wealthy few at the expense of the other 90%, then we can play that game in reverse.

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