The GOP Is Proposing a 250 Percent Tax Hike on Millions of Americans

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The GOP Is Proposing a 250 Percent Tax Hike on Millions of Americans
By David Cay Johnson / DC Report November 2, 2017, 1:28 PM GMT


The GOP just declared war on the strivers who start their own businesses.
Or to put it another way: The nice young couple who just opened their own independent coffee shop around the corner will likely be hit with a huge tax increase—as much as 250%—while the corporation that operates thousands of coffee shops all around the world is getting its taxes cut 43%.

The complicated new bill (remember when the GOP promised tax simplicity?) also lavishes federal tax favors on rich individuals and on those who live in low tax states.

No wonder the GOP developed the nearly 500-page tax bill in secret. Had the public’s business been conducted in public, this bill simply would not exist. But it may become law because, if there is anything we know about Washington in the age of Trump, it is that our elected leaders don’t listen to us, they listen to the political donor class, and in Trump’s case, to those advisers he says reside in his head.

The GOP Is Proposing a 250 Percent Tax Hike on Millions of Americans

Good god! Trump lied to you about going after the big cheating big business and supporting small businesses. This is all you need to know.
 
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The GOP Is Proposing a 250 Percent Tax Hike on Millions of Americans
By David Cay Johnson / DC Report November 2, 2017, 1:28 PM GMT


The GOP just declared war on the strivers who start their own businesses.
Or to put it another way: The nice young couple who just opened their own independent coffee shop around the corner will likely be hit with a huge tax increase—as much as 250%—while the corporation that operates thousands of coffee shops all around the world is getting its taxes cut 43%.

The complicated new bill (remember when the GOP promised tax simplicity?) also lavishes federal tax favors on rich individuals and on those who live in low tax states.

No wonder the GOP developed the nearly 500-page tax bill in secret. Had the public’s business been conducted in public, this bill simply would not exist. But it may become law because, if there is anything we know about Washington in the age of Trump, it is that our elected leaders don’t listen to us, they listen to the political donor class, and in Trump’s case, to those advisers he says reside in his head.

The GOP Is Proposing a 250 Percent Tax Hike on Millions of Americans

Good god! Trump lied to you about going after the big cheating big business and supporting small businesses. This is all you need to know.

Will we be paying taxes as high as for Obamacare?
 
The gop only cares about the GE's, Apples and walmarts! they don't care about your little business grumps...They couldn't care less about you.
I don't need them to care about me. I just need politicians to stay the fuck out of my way and let me apply my trade without their interference.
 
The GOP Is Proposing a 250 Percent Tax Hike on Millions of Americans
By David Cay Johnson / DC Report November 2, 2017, 1:28 PM GMT


The GOP just declared war on the strivers who start their own businesses.
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The GOP Is Proposing a 250 Percent Tax Hike on Millions of Americans

Good god! Trump lied to you about going after the big cheating big business and supporting small businesses. This is all you need to know.

The OP's link is from ALTERNET.ORG. That is all you need to know, in order to evaluate its credibility.
 
The GOP Is Proposing a 250 Percent Tax Hike on Millions of Americans
By David Cay Johnson / DC Report November 2, 2017, 1:28 PM GMT


The GOP just declared war on the strivers who start their own businesses.
Or to put it another way: The nice young couple who just opened their own independent coffee shop around the corner will likely be hit with a huge tax increase—as much as 250%—while the corporation that operates thousands of coffee shops all around the world is getting its taxes cut 43%.

The complicated new bill (remember when the GOP promised tax simplicity?) also lavishes federal tax favors on rich individuals and on those who live in low tax states.

No wonder the GOP developed the nearly 500-page tax bill in secret. Had the public’s business been conducted in public, this bill simply would not exist. But it may become law because, if there is anything we know about Washington in the age of Trump, it is that our elected leaders don’t listen to us, they listen to the political donor class, and in Trump’s case, to those advisers he says reside in his head.

The GOP Is Proposing a 250 Percent Tax Hike on Millions of Americans

Good god! Trump lied to you about going after the big cheating big business and supporting small businesses. This is all you need to know.

Nice link. Got anything written by someone that just might be sane?
 
should we ask Wikileaks for confirmation?

Raising taxes on the smallest businesses while giving the Big Boys a tax rate cut from 35% to 20% only makes sense if you negotiate in secret and you only allow into the room lobbyists hired by those who can afford to buy high-priced influence peddlers.
 
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The GOP Is Proposing a 250 Percent Tax Hike on Millions of Americans
By David Cay Johnson / DC Report November 2, 2017, 1:28 PM GMT


The GOP just declared war on the strivers who start their own businesses.
Or to put it another way: The nice young couple who just opened their own independent coffee shop around the corner will likely be hit with a huge tax increase—as much as 250%—while the corporation that operates thousands of coffee shops all around the world is getting its taxes cut 43%.

The complicated new bill (remember when the GOP promised tax simplicity?) also lavishes federal tax favors on rich individuals and on those who live in low tax states.

No wonder the GOP developed the nearly 500-page tax bill in secret. Had the public’s business been conducted in public, this bill simply would not exist. But it may become law because, if there is anything we know about Washington in the age of Trump, it is that our elected leaders don’t listen to us, they listen to the political donor class, and in Trump’s case, to those advisers he says reside in his head.

The GOP Is Proposing a 250 Percent Tax Hike on Millions of Americans

Good god! Trump lied to you about going after the big cheating big business and supporting small businesses. This is all you need to know.


Bullshit, they're cutting the top marginal rate for those folks from near 40% to 25% or possibly less. Maybe you should stay away from those alt left lie sites.


.
 
What you should be pissed about is the SALT deductions, they benefit the rich a lot more than anyone else.


.
 
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Got my self out of the market soon as it got level. too old to wait for a turn around with the next down turn.
 
The GOP Is Proposing a 250 Percent Tax Hike on Millions of Americans
By David Cay Johnson / DC Report November 2, 2017, 1:28 PM GMT


The GOP just declared war on the strivers who start their own businesses.
Or to put it another way: The nice young couple who just opened their own independent coffee shop around the corner will likely be hit with a huge tax increase—as much as 250%—while the corporation that operates thousands of coffee shops all around the world is getting its taxes cut 43%.

The complicated new bill (remember when the GOP promised tax simplicity?) also lavishes federal tax favors on rich individuals and on those who live in low tax states.

No wonder the GOP developed the nearly 500-page tax bill in secret. Had the public’s business been conducted in public, this bill simply would not exist. But it may become law because, if there is anything we know about Washington in the age of Trump, it is that our elected leaders don’t listen to us, they listen to the political donor class, and in Trump’s case, to those advisers he says reside in his head.

The GOP Is Proposing a 250 Percent Tax Hike on Millions of Americans

Good god! Trump lied to you about going after the big cheating big business and supporting small businesses. This is all you need to know.


Alternet? Lol. I own two companies and my effective tax rate would drop.
 
The GOP Is Proposing a 250 Percent Tax Hike on Millions of Americans
By David Cay Johnson / DC Report November 2, 2017, 1:28 PM GMT


The GOP just declared war on the strivers who start their own businesses.
Or to put it another way: The nice young couple who just opened their own independent coffee shop around the corner will likely be hit with a huge tax increase—as much as 250%—while the corporation that operates thousands of coffee shops all around the world is getting its taxes cut 43%.

The complicated new bill (remember when the GOP promised tax simplicity?) also lavishes federal tax favors on rich individuals and on those who live in low tax states.

No wonder the GOP developed the nearly 500-page tax bill in secret. Had the public’s business been conducted in public, this bill simply would not exist. But it may become law because, if there is anything we know about Washington in the age of Trump, it is that our elected leaders don’t listen to us, they listen to the political donor class, and in Trump’s case, to those advisers he says reside in his head.

The GOP Is Proposing a 250 Percent Tax Hike on Millions of Americans

Good god! Trump lied to you about going after the big cheating big business and supporting small businesses. This is all you need to know.


How long did you have to search for a site that agreed with your position? And then, after you found one, you come on here trumpeting like it is great shakes, lol.

I do not know how much you know about science, but from your posts, I DO know how much you know about economics. ABSOLUTELY, NOTHING! You phony-baloney!
 

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