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#304049 - 11/21/17 08:34 PM more help for the middle class
jgw Offline
enthusiast

Registered: 05/22/06
Posts: 2253
Loc: Port Angeles, WA

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#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: 13505
Loc: Whittier, California
Student loan interest will no longer be deductible but expensive PRIVATE SCHOOL tuition WILL BE.
_________________________
"The Left ones think I'm Right, the Right ones think I'm wrong."
Leon Russell - Magic Mirror"
https://www.youtube.com/watch?v=L-H1iQ5Y6Eg

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

Registered: 05/22/06
Posts: 2253
Loc: Port Angeles, WA
Don't leave out the dispensations for them that have private jets.

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#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: 8167
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.

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#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: 16459
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

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#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: 41100
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
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#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: 14495
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

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#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: 8167
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!

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#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: 41100
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



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#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: 13505
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?
_________________________
"The Left ones think I'm Right, the Right ones think I'm wrong."
Leon Russell - Magic Mirror"
https://www.youtube.com/watch?v=L-H1iQ5Y6Eg

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