Current Events > What's do you think of Trump tax bill?

(+) Yeah! (+)

Do you think it will be good or bad for the country?
---

I think only time will tell.
---

When a tax cut is on the table, I support it. And if/when a spending cut is on the table, I'll support that as well.
---

Could be worse. I am so glad they failed to sneak in the death of the Johnson Amendment in there. They tried.
---

On one hand, I'm happy about less taxes, but they're going to come after social services that a lot of people depend on to make up for the cost.

Zeeak4444 posted...

I think only time will tell.

---

My sister is in the range where she sees her taxes increase from 33% to 35%, but she also makes 260k a year. My taxes and my parents taxes go down, as well as alot of people I know. I also think the business tax rate is too high. So for me i'm all for it as of right now.
---

Liberal media says everyone will get so poor that they wont live and the rich will keep so much money that they'll wash their asses with gold infused water

Conservative media says the middle class and poor will prosper like never before while the rich finally get their dues

I'll just say its in between and say no one's going to really notice outside of the extreme ends and then it gets reversed in a couple years
---

So far, so good. The plan seems solid and the middle class has been the federal government's piggyback since bill Clinton's welfare programs too effect. Trump says those are next to go.

Or nation doesn't have the money to buy smartphones for people who refuse to work. Plain and simple. That was a fuck-you to the working middle class. There are far too many welfare recipients in this country.
---

unsure, but i generally dont like the sound of tax cuts when we already have so much debt to deal with. that said i am getting back $1500. maybe ill invest that into more prepping, just in case.
---

Most parts of the individual taxes I'm fine with. It's the worry of if it's actually going to be temporary or if it gets renewed I'm curious about.

The corporate one, while I'm fine with lowering the percentage, I wish they'd actually worked on removing the tax deductions as well.

I also don't agree with removing the mandate. Seems like they want the program to implode on itself.

But really, I'm more worried about how they then decide to go after social services after all this.
---

Only fragments of it. The corporate tax cut is far too deep and was the bill's primary agenda. I actually sort of agree with dismantling Obamacare. Although I'm sure millions of people need it, I don't think anyone should be forced to pay higher taxes for not opting in. I would have imposed completely socialized healthcare instead. Yes, I realize that seems to contradict my previous point, but if everybody is paying for socialized healthcare regardless of their income, then it's not even going to be that expensive.

CableZL posted...

On one hand, I'm happy about less taxes, but they're going to come after social services that a lot of people depend on to make up for the cost.

Significant cuts are politically impossible. Welfare only ends through a crash landing when the US eventually can't keep borrowing money.
---

emblem boy posted...

I also don't agree with removing the mandate. Seems like they want the program to implode on itself.

Trump has literally said he's going to let that happen and blame the Democrats
---

I'll see more money out of it. I'm for that. I'm also not counting that this thing will last ten years in it's current form so I'm not really afraid on ten years from now.
---

Jiek_Fafn posted...

I'll see more money out of it. I'm for that. I'm also not counting that this thing will last ten years in it's current form so I'm not really afraid on ten years from now.

Yeah in ten years you can just blame the democrat in charge.
---

creativerealms posted...

Jiek_Fafn posted...

I'll see more money out of it. I'm for that. I'm also not counting that this thing will last ten years in it's current form so I'm not really afraid on ten years from now.

Yeah in ten years you can just blame the democrat in charge.

We see this time and time again. Democrats in power build the country up, republicans take over, send things into a downhill spiral, democrats resume power, and then are blamed for their predecessor's slow burn failures, thus reinstating republicans.
---

I'll have a decent tax cut and most of what the government does is garbage anyway so I don't care about their funding.
---

Nobody knows the answer to that since it's in the future, but we do know that it'll increase economic growth.

On a serious note, I don't think it's sustainable in its current form and that most cuts at the top end will be squandered.

It doesnt affect me at all, but I hope it somehow proves to be not bad...
---

luigi13579 posted...

On a serious note, I don't think it's sustainable in its current form and that most cuts at the top end will be squandered.

I think that's intentional. That money isn't just going to disappear. someone is going to pocket it.

DevsBro posted...

I'll have a decent tax cut and most of what the government does is garbage anyway so I don't care about their funding.

You mean most of organized society, the laws that shape it, literal infrastructure, and the increasingly weak legal protections that let you see justice against, say a drug company whose drugs poison their patience?

All that didn't just happen. The overwhelming majority of the amenities we enjoy are the product of our involvement in the social contract of government. In pooling our money and effort, we collectively built this. We should be more mindful of that before we pat ourselves on the back and condemn the intrinsic failure of our government.
---

The worst parts were removed at the last minute so it's bad but not that bad.
---

hollow_shrine posted...

luigi13579 posted...

On a serious note, I don't think it's sustainable in its current form and that most cuts at the top end will be squandered.

I think that's intentional. That money isn't just going to disappear. someone is going to pocket it.

Pocket it? What does that mean? Invest it? The economy cant develop and grow without investment.
---

The GOP managed to ram through a single piece of significant legislation in an entire year, and it's the most unpopular tax cut in American history. There have been tax hikes that were more popular than this.
---

it seems extremely promising
---

Very bad, not good.

It's not that lowering corporate or high income rates is inherently bad, it's that favoring them so much over anything else, and doing so right now when the economy absolutely does not need it, is nothing more than a gift to the rich that everyone else gets to pay for.
---