General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsRepublicans are really raking me over coals with their tax proposals
They are going to remove tax deferment for 401k contributions and also remove deductions for mortgage interest and local taxes.
http://www.businessinsider.com/kevin-brady-401k-retirement-savings-trump-tweet-tax-reform-2017-10
They are stealing from the middle class to fund the tax cuts for the super rich.. I cannot believe this shit they are trying to pull off.
We need to land up in Washington with pitchforks
elehhhhna
(32,076 posts)And so they plan on killing everybody's retirement plans and crashing the housing market wow.I would bank on the banks stopping this bullshit in its tracks.
This will throw the country into a recession and stop consumer spending over night
gratuitous
(82,849 posts)Republicans blaming Americans for being so irresponsible and not saving enough for their retirement, and if you have to work until you drop dead, well, that's your own fault. And, the wealthy need another round of tax cuts.
The_Casual_Observer
(27,742 posts)This is the same course of events as with the Obamacare repeal, all smoke & mirrors.
marybourg
(12,631 posts)deduction. Those of us with an elder family member in assisted living, or a disabled child needing expensive care are going to be paying for Trump's kids' inheritances.
democratisphere
(17,235 posts)Senator and the WH with phone calls. SUPER RESIST !
Kablooie
(18,634 posts)They wet themselves with excitement when the government takes money from their pocket and gives it to the excessively wealthy.
It's their dream come true and the purest expression of Republican values.