General Discussion

Jack Valentino

(5,149 posts)

35. That's ONE part of the 2017 Trump tax bill that I agree with---

Wed Aug 27, 2025, 10:53 PM

Aug 2025

even though it was a 'sleeping pill' for those of us closer to the bottom,
so that we would complain less about the giveaway to billionaires...

Even so, the majority of Americans opposed that 2017 Trump tax bill...

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If YOU were in charge, how would you structure the taxing systems to be fair to everyone? [View all] DUU Aug 2025 OP

Reimpose the tax system from the late 90's WSHazel Aug 2025 #1

or reimpose the tax rates from the 1950's under Eisenhower, Jack Valentino Aug 2025 #33

Glibly, no more billionaires mr715 Aug 2025 #2

Progressive income tax, vat tax for public healthcare, applegrove Aug 2025 #26

Tax Laws JustAnotherGen Aug 2025 #3

56% on all income above $20,000 ? MichMan Aug 2025 #7

240k in today's dollars carpetbagger Aug 2025 #12

What i would do is set it at 150k, and anything below that is tax free Volaris Aug 2025 #15

Thanks JustAnotherGen, What in specific from 1956 tax code? DUU Aug 2025 #14

I think its funny so many MAGAs biocube Aug 2025 #17

Both of my grandfathers JustAnotherGen Aug 2025 #25

Transaction tax on certain loans Jerry2144 Aug 2025 #4

Generally, Ike's tax structure is the closest to my ideal Torchlight Aug 2025 #5

Remove the SS cap Freddie Aug 2025 #6

A message that will confuse Repubes LR3 Aug 2025 #8

First, collect all of the unpaid taxes. nt chowder66 Aug 2025 #9

I don't care if it's "fair" to billionaires n/t leftstreet Aug 2025 #10

Most billionaires no longer work haele Aug 2025 #16

Replace personal and corporate income tax Disaffected Aug 2025 #11

What's not to like? Chemical Bill Aug 2025 #37

They don't usually stick it under the mattress either. Disaffected Aug 2025 #48

How do you collect a progressive sales tax? MichMan Aug 2025 #49

The tax charged depends not on the individual purchaser Disaffected Aug 2025 #50

I can think of untaxed potential WarGamer Aug 2025 #13

That's a fair way to get money and doesn't directly impact even small time investors. haele Aug 2025 #19

How do you justify that on things like penny stocks? thatdemguy Aug 2025 #30

I'd make exceptions... WarGamer Aug 2025 #31

Not trying to be snarky, but what's fair? EdmondDantes_ Aug 2025 #18

10% flat tax bif Aug 2025 #20

Very regressive compared to even the BBB karynnj Aug 2025 #22

Good for the well healed, horrible for the remainder. Disaffected Aug 2025 #23

Yes WmChris Aug 2025 #29

Flat taxes are unfair to the poor, and a boon to the rich, Bif.... Jack Valentino Aug 2025 #34

That's much more painful for a single mother in a minimum wage job with two kids than Scrivener7 Aug 2025 #41

The first thing would be a national discussion karynnj Aug 2025 #21

The Standard Deduction was increased substantially in 2017 MichMan Aug 2025 #24

That's ONE part of the 2017 Trump tax bill that I agree with--- Jack Valentino Aug 2025 #35

It lowered taxes for many, if not most, who itemize as well SickOfTheOnePct Aug 2025 #44

If the 2017 law had done without lowering the rates at the top, karynnj Aug 2025 #46

Masters of war pay the most. GreenWave Aug 2025 #27

I have a few things to say that won't don't in the title bar. thatdemguy Aug 2025 #28

This message was self-deleted by its author DUU Aug 2025 #47

And remove SS cap. Sneederbunk Aug 2025 #32

I have not thought long and hard about this question but BlueSpot Aug 2025 #36

No state, local, property or sales taxes... Chemical Bill Aug 2025 #38

Graduated. No tax on poorest 10% and certainly 95% rate on that second billion an oligarch makes Scrivener7 Aug 2025 #39

More of a flat tax Johnny2X2X Aug 2025 #40

So that's a graduated tax. And I think that's the fairest answer. Scrivener7 Aug 2025 #42

Yeah Johnny2X2X Aug 2025 #43

I see your point, but it is a graduated rather than a flat tax. Scrivener7 Aug 2025 #45