Current Topics
Utah Senator Orrin Hatch ... The elephant in the room.
by Buzzard's Roost
0 seconds ago
The Passing Parade: Obituaries: 2018
by Jeffery J. Haas
Today at 06:24 PM
TRUMP 2020!
by Ujest Shurly
Today at 05:19 PM
Clint Walker - "Cheyenne" turns 90 today
by Ken Condon
Today at 05:03 AM
The End of the Independent Judiciary
by NW Ponderer
05/22/18 02:28 PM
The Democratic Plan
by rporter314
05/22/18 10:42 AM
Round Table for May, 2018
by pondering_it_all
05/22/18 08:57 AM
Are we at War with Iran?
by pdx rick
05/22/18 04:04 AM
Time check in
by chunkstyle
05/21/18 01:36 PM
What it will take to curb the President
by Ujest Shurly
05/20/18 08:41 PM
A Thought
by jgw
05/15/18 06:42 PM
States and campaign finance
by jgw
05/13/18 06:08 PM
The Mob Boss with Pardon Power
by pondering_it_all
05/11/18 09:35 PM
Richard Painter Switches from GOP to DFL in Senate Run
by pondering_it_all
05/11/18 05:58 AM
Federalist Society Promotes Drug Use
by NW Ponderer
05/10/18 06:54 PM
Bernie's got unions backs
by chunkstyle
05/10/18 03:23 AM
Democratic Purity
by pdx rick
05/09/18 04:42 AM
Playin' Doctor
by pondering_it_all
05/08/18 02:35 AM
What is it with John Kerry Negotiating with the Enemy?
by Jeffery J. Haas
05/07/18 09:13 PM
University of Florida Apologizes After Black Graduates Were Manhandled at Commen
by Golem
05/07/18 07:41 PM
Forum Stats
6248 Members
58 Forums
16271 Topics
280215 Posts

Max Online: 294 @ 12/06/17 12:57 AM
Google Adsense
Page 1 of 2 1 2 >
Topic Options
#304049 - 11/21/17 08:34 PM more help for the middle class
jgw Offline
member

Registered: 05/22/06
Posts: 1937
Loc: Port Angeles, WA

Top
#304051 - 11/21/17 10:47 PM Re: more help for the middle class [Re: jgw]
Jeffery J. Haas Offline


Pooh-Bah

Registered: 08/03/04
Posts: 13121
Loc: Whittier, California
Student loan interest will no longer be deductible but expensive PRIVATE SCHOOL tuition WILL BE.
_________________________
"He wakes up in the morning, ****s all over Twitter, ****s all over us, ****s all over his staff, then hits golf balls."
---Congressman Peter King

Top
#304057 - 11/22/17 07:46 PM Re: more help for the middle class [Re: jgw]
jgw Offline
member

Registered: 05/22/06
Posts: 1937
Loc: Port Angeles, WA
Don't leave out the dispensations for them that have private jets.

Top
#304097 - 11/24/17 09:10 PM Re: more help for the middle class [Re: jgw]
pondering_it_all Offline
veteran

Registered: 02/27/06
Posts: 7565
Loc: North San Diego County
Funny thing. Getting rid of the mortgage interest deduction and almost doubling the standard deduction is great for us: We paid off our mortgage with a small inheritance, so we would not be itemizing for the first time in decades. We have no kids, so the per-kid deduction they are getting rid of has no effect on us. No student loan (or any other loan) interest. No other big deductions to lose.

We make out like bandits, but I still think it hurts the country. The abrupt changes will make some economic activities unfeasible, so it will be very disruptive. Probably end up raising the deficit and inflation, and end up driving us into recession. The exact opposite of what Yellen has been trying to do.

Top
#304125 - 11/26/17 04:23 PM Re: more help for the middle class [Re: jgw]
NW Ponderer Offline
Moderator
Carpal Tunnel

Registered: 09/09/11
Posts: 15953
There are ways to fix the tax code that would actually do three main things: increase wages/create jobs, reduce the debt, stimulate the economy - oh, and reduce income disparity to boot. But the goop has no interest in doing those things.
_________________________
A well reasoned argument is like a diamond: impervious to corruption and crystal clear - and infinitely rarer.

Here, as elsewhere, people are outraged at what feels like a rigged game -- an economy that won't respond, a democracy that won't listen, and a financial sector that holds all the cards. - Robert Reich

Top
#304129 - 11/26/17 05:12 PM Re: more help for the middle class [Re: NW Ponderer]
pdx rick Offline
Member
Carpal Tunnel

Registered: 05/09/05
Posts: 40878
Loc: Puget Sound, WA
Originally Posted By: NW Ponderer
There are ways to fix the tax code that would actually do three main things: increase wages/create jobs, reduce the debt, stimulate the economy - oh, and reduce income disparity to boot. But the goop has no interest in doing those things.

Feel like running for Office? smile
_________________________
Contrarian, extraordinaire



Top
#304131 - 11/26/17 05:38 PM Re: more help for the middle class [Re: pondering_it_all]
Greger Offline

Pooh-Bah

Registered: 11/24/06
Posts: 13939
Loc: Florida
Quote:
Probably end up raising the deficit and inflation, and end up driving us into recession.

If there is any way out of this mess it's probably through a massive recession. As long as the economy stays strong and unemployment low Republicans will literally get away with murder.
_________________________
"Be yourself; everyone else is already taken." Oscar Wilde

Top
#304135 - 11/26/17 08:59 PM Re: more help for the middle class [Re: jgw]
pondering_it_all Offline
veteran

Registered: 02/27/06
Posts: 7565
Loc: North San Diego County
Interesting how their policies drive us to just the kind of boom/bust economic swings that put Democrats in charge. But if that homeostatic effect was not there we would probably just have one political party!

Top
#304137 - 11/26/17 10:19 PM Re: more help for the middle class [Re: Greger]
pdx rick Offline
Member
Carpal Tunnel

Registered: 05/09/05
Posts: 40878
Loc: Puget Sound, WA
Originally Posted By: Greger
...As long as the economy stays strong and unemployment low Republicans will literally get away with murder.

Then there is really no reason to raise taxes on the middle-class and raise the deficit one trillion dollars to give Corporate America a tax break. smile
_________________________
Contrarian, extraordinaire



Top
#304140 - 11/27/17 05:42 AM Re: more help for the middle class [Re: pdx rick]
Jeffery J. Haas Offline


Pooh-Bah

Registered: 08/03/04
Posts: 13121
Loc: Whittier, California
Originally Posted By: pdx rick
Originally Posted By: Greger
...As long as the economy stays strong and unemployment low Republicans will literally get away with murder.

Then there is really no reason to raise taxes on the middle-class and raise the deficit one trillion dollars to give Corporate America a tax break. smile


Sure there is!
Don't you realize that all the CON-servitards will develop amnesia and blame the 1.5 trillion dollar increase on the Democrats?
_________________________
"He wakes up in the morning, ****s all over Twitter, ****s all over us, ****s all over his staff, then hits golf balls."
---Congressman Peter King

Top
Page 1 of 2 1 2 >

Who's Online
0 registered (), 24 Guests and 1 Spider online.
Key: Admin, Global Mod, Mod
Newest Members
TrentonP, Nosf50, erumonej, Jensen Breck, Albertapkr
6248 Registered Users
A2