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workinclasszero

(28,270 posts)
Fri Nov 17, 2017, 09:16 PM Nov 2017

'All Out Class War': GOP Bill Cuts Taxes for Private Jet Owners, Hikes Taxes on Students

'All Out Class War': GOP Bill Cuts Taxes for Private Jet Owners, Hikes Taxes on Students
Increasing taxes on those already drowning in student loan debt to give the rich a tax break denounced as "the height of Republican insanity"
byJake Johnson, staff writer


"Soaking broke-ass grad students to pay for a private jet subsidy. All-out class war on the 99 percent."

That was how one commentator described a pair of provisions buried in the GOP tax plan that passed the House on Thursday and is likely headed to the Senate floor for a vote as early as next week.

One provision—crammed in the middle of the latest version of the so-called "Tax Cuts and Jobs Act"—would provide a windfall to the wealthy few who own or lease private planes by exempting them from certain taxes related to "maintenance and support," "the hiring and training of pilots and crew," and "administrative services such as scheduling, flight planning, weather forecasting, obtaining insurance, and establishing and complying with safety standards."

Graduate students, however, would not fare so well if the GOP plan becomes law.

https://www.commondreams.org/news/2017/11/17/all-out-class-war-gop-bill-cuts-taxes-private-jet-owners-hikes-taxes-students
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'All Out Class War': GOP Bill Cuts Taxes for Private Jet Owners, Hikes Taxes on Students (Original Post) workinclasszero Nov 2017 OP
The theme of this tax plan is to reward the "winners" The_Casual_Observer Nov 2017 #1
Sure a two by four upside the head workinclasszero Nov 2017 #2
The Serf Act of 2017 Nevernose Nov 2017 #3
Eliminating the already paltry $250 deduction, for school supplies bought by teachers, to pay for Fred Sanders Nov 2017 #4
bait & switch party. more debt. therefore cut aid to those damned poors. pansypoo53219 Nov 2017 #5
Remember during the campaign, rusty fender Nov 2017 #6
The only time tRump told workinclasszero Nov 2017 #7
LOL exactly rusty fender Nov 2017 #8
Grrrr! smirkymonkey Nov 2017 #9
What everyone is missing from this scam...is the real scam. Xolodno Nov 2017 #10
Best info, it appears seniors will be paying an additional $250+ to 500+ a year with elimination of FreeStateDemocrat Nov 2017 #11
 

The_Casual_Observer

(27,742 posts)
1. The theme of this tax plan is to reward the "winners"
Fri Nov 17, 2017, 09:26 PM
Nov 2017

And penalize the "losers".
The belief is that the sucessful business people are the most valuable people in society and should be treated that way.
This is the way it is.

 

workinclasszero

(28,270 posts)
2. Sure a two by four upside the head
Fri Nov 17, 2017, 09:44 PM
Nov 2017

for the poor, sick, old and struggling. Some things never change.

The republicans can go to hell ASAP

Nevernose

(13,081 posts)
3. The Serf Act of 2017
Fri Nov 17, 2017, 09:48 PM
Nov 2017

Maybe we should just dispense with the formalities and swear fealty to the aristocracy up front. At least it would be more honest than this closet divine right of kings bullshit, right?

It’s just one more aspect of their whacko-fundamentalist religious lunacy.

Fred Sanders

(23,946 posts)
4. Eliminating the already paltry $250 deduction, for school supplies bought by teachers, to pay for
Fri Nov 17, 2017, 10:06 PM
Nov 2017

cheaper ownership, storage, fuel, flight crew etc. is class warfare on steroids.

All the spawn of Citizens United. Massive money in politics has led to exactly the massive corruption predicted.

Xolodno

(6,428 posts)
10. What everyone is missing from this scam...is the real scam.
Sat Nov 18, 2017, 04:35 AM
Nov 2017

This will not go into effect until 2019, that is, after the 2018 elections in which Dem's are likely to succeed. They won't have enough time to put a stop to this.

If we roll this back for 2020, then "Democrats raised your taxes!". If we don't, then deficits rise and its "Democrats are tax and spend liberals"...despite not taxing. They've conceded the next two battles...but preparing for well after that when memories start to "dim"

 

FreeStateDemocrat

(2,654 posts)
11. Best info, it appears seniors will be paying an additional $250+ to 500+ a year with elimination of
Sat Nov 18, 2017, 06:57 AM
Nov 2017

double personal exemption for over 65, nobody seems to understand that would be a hardship. Does anybody have definitive information about how the House bill will impact the elderly?

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