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hill2016

(1,772 posts)

3. I guess

Reply to jmowreader (Original post)

Fri Jul 24, 2015, 07:42 PM

Jul 2015

you've never heard of AMT, Pease limits, Personal Exemption Phaseout, or you would have mentioned how your proposals would modify them.

1. How would this change the Social Security benefits for people who pay more now?

3. Are your tax brackets indexed for inflation?

7. Not even investment expenses and mortgage interest deductions?

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I have a pretty complex tax reform, but one that might work [View all] jmowreader Jul 2015 OP

Leave the two lowest brackets alone. LiberalAndProud Jul 2015 #1

The increase in standard deduction and the double deduction should compensate for that jmowreader Jul 2015 #8

I see some problems Warpy Jul 2015 #2

+10 million on every point. I've been pushing the tax on financial transactions for years riderinthestorm Jul 2015 #7

okay... jmowreader Jul 2015 #12

I guess hill2016 Jul 2015 #3

Especially the mortgage interest deduction. Can't kill that one. People would revolt. WillowTree Jul 2015 #5

The mortgage interest deduction would get better for the people most likely to revolt jmowreader Jul 2015 #10

If you say so. WillowTree Jul 2015 #13

interesting ideas taught_me_patience Jul 2015 #4

Address capital gains as well TexasBushwhacker Jul 2015 #6

The capital gains rate is definitely worth addressing jmowreader Jul 2015 #9

we're paid our ss check by the income we made, right? up to the cap? if people pay in unlimited cap Sunlei Jul 2015 #11