Trump tax plans could exempt 93 million Americans from income taxes

[Harpy Eagle]

MSN

Donald Trump's tax reform ideas could leave roughly 93.2 million Americans, or just under half of the U.S. electorate, off the hook for at least part of their income taxes.
Trump has proposed eliminating taxes on tips and Social Security benefits, and has also said he would think about exemptions for firefighters, police and military personnel.(and Veterans)
These exemptions are part of Trump's larger vision to transition away from the income tax system and replace it with the revenue he expects to generate from his hardline tariff proposals.

A couple of questions come to my mind.

First, those on the right often complain about people not paying any taxes, i.e. not having any skin in the game. How do you all feel about this?

Second, is the purpose of the hardline tariffs to bring jobs back or to create an non-ending alternative revenue stream for the government?

 

[Crepitus]

A deficit exploding proposition.

 

[Independent thinker]

MSN

Donald Trump's tax reform ideas could leave roughly 93.2 million Americans, or just under half of the U.S. electorate, off the hook for at least part of their income taxes.
Trump has proposed eliminating taxes on tips and Social Security benefits, and has also said he would think about exemptions for firefighters, police and military personnel.(and Veterans)
These exemptions are part of Trump's larger vision to transition away from the income tax system and replace it with the revenue he expects to generate from his hardline tariff proposals.

A couple of questions come to my mind.

First, those on the right often complain about people not paying any taxes, i.e. not having any skin in the game. How do you all feel about this?

Second, is the purpose of the hardline tariffs to bring jobs back or to create an non-ending alternative revenue stream for the government?

What happened to Trump only gives the rich tax cuts?

 

[DakotaKai_fan20]

Well The Bahamas have zero income tax. It could work here too.

 

[Harpy Eagle]

What happened to Trump only gives the rich tax cuts?

What happened to you answering a question...oh wait you have never done that.

never mind, carry on

 

[Independent thinker]

What happened to you answering a question...oh wait you have never done that.

never mind, carry on

Thanks for admitting that Trump tax cuts aren't just for the rich.

 

[1srelluc]

Sounds cool to me.

How many times must I be taxed for the sweat of my brow only to have it given to the most undeserving both here and abroad?

About time we had a POTUS looking out for us.

 

[Missourian]

MSN

Donald Trump's tax reform ideas could leave roughly 93.2 million Americans, or just under half of the U.S. electorate, off the hook for at least part of their income taxes.
Trump has proposed eliminating taxes on tips and Social Security benefits, and has also said he would think about exemptions for firefighters, police and military personnel.(and Veterans)
These exemptions are part of Trump's larger vision to transition away from the income tax system and replace it with the revenue he expects to generate from his hardline tariff proposals.

A couple of questions come to my mind.

First, those on the right often complain about people not paying any taxes, i.e. not having any skin in the game. How do you all feel about this?

Second, is the purpose of the hardline tariffs to bring jobs back or to create an non-ending alternative revenue stream for the government?

Servers will still pay some taxes on their actual income...the part that's paid by the actual employer.

I'm not the employer...if I give you money, it's a gift, not a wage.

Social Security...if you're getting it, you've already paid taxes for 20-40 years.

If you're getting paid from tax revenue...what's the point in taxing that. We've already paid that money in AS tax.


If you're engaged in a dangerous public service job that is already funded BY taxpayer funds...the government already got theirs.

...but, I'd have to hear more about this one to get on board.

The other two I'm all for.

Second.

Either way it generates revenue.

Tariffs or creating new higher wage jobs here.

It's win/win.

 

[fncceo]

Donald Trump's tax reform ideas could leave roughly 93.2 million Americans, or just under half of the U.S. electorate, off the hook for at least part of their income taxes.

Don’t tease me.

 

[Concerned American]

First, those on the right often complain about people not paying any taxes

I guess your selective memory forgot the uproar that was generated by the left due to the Trump tax cuts. You people couldn't tell the truth if your life depended on it.

 

[Concerned American]

What happened to you answering a question...oh wait you have never done that.

never mind, carry on

What happened to you telling the truth? Oh never mind. Carry on.

 

[GMCGeneral]

Servers will still pay some taxes on their actual income...the part that's paid by the actual employer.

I'm not the employer...if I give you money, it's a gift, not a wage.

Social Security...if you're getting it, you've already paid taxes for 20-40 years.

If you're getting paid from tax revenue...what's the point in taxing that. We've already paid that money in AS tax.


If you're engaged in a dangerous public service job that is already funded BY taxpayer funds...the government already got theirs.

...but, I'd have to hear more about this one to get on board.

The other two I'm all for.

Second.

Either way it generates revenue.

Tariffs or creating new higher wage jobs here.

It's win/win.

The other thing to consider is that the Heels Up Standard Deductible for married-filing jointly goes down from $30K to 12K.

 

[Seymour Flops]

MSN

Donald Trump's tax reform ideas could leave roughly 93.2 million Americans, or just under half of the U.S. electorate, off the hook for at least part of their income taxes.
Trump has proposed eliminating taxes on tips and Social Security benefits, and has also said he would think about exemptions for firefighters, police and military personnel.(and Veterans)
These exemptions are part of Trump's larger vision to transition away from the income tax system and replace it with the revenue he expects to generate from his hardline tariff proposals.

A couple of questions come to my mind.

First, those on the right often complain about people not paying any taxes, i.e. not having any skin in the game. How do you all feel about this?

Second, is the purpose of the hardline tariffs to bring jobs back or to create a non-ending alternative revenue stream for the government?

Who would those proposals allow to be “people not paying any taxes?”

I would oppose people not paying any taxes, other than the dependent class, but the proposals you describe would not create such non-taxpayers.

 

[Admiral Rockwell Tory]

MSN

Donald Trump's tax reform ideas could leave roughly 93.2 million Americans, or just under half of the U.S. electorate, off the hook for at least part of their income taxes.
Trump has proposed eliminating taxes on tips and Social Security benefits, and has also said he would think about exemptions for firefighters, police and military personnel.(and Veterans)
These exemptions are part of Trump's larger vision to transition away from the income tax system and replace it with the revenue he expects to generate from his hardline tariff proposals.

A couple of questions come to my mind.

First, those on the right often complain about people not paying any taxes, i.e. not having any skin in the game. How do you all feel about this?

Second, is the purpose of the hardline tariffs to bring jobs back or to create an non-ending alternative revenue stream for the government?

Taxing SS benefits and government employees is taxing them to pay their taxes. Why not just eliminate income taxes as massive pay raise? Now, we tax people's paychecks to turn right around and pay them with the same money.

Tariffs are a win-win solution. Increased protection for products or an increased revenue stream for the government.

 

[Maxdeath]

So you have someone just barely getting by on social security. Part of that goes to pay Medicare. So of course make it harder on the seniors to pay taxes on social security.
Some people barely make it on low pay and tips so of course we need to tax tips. Make it harder to get by.
I have no problem with taxing money that is taken from IRAs or other subsidies.
I have no problem if we give fireman, police and others a better tax break.
But I am sure you can find those that want to hurt everyone but themselves with higher taxes

 

[Dont Taz Me Bro]

Trump has proposed eliminating taxes on tips and Social Security benefits, and has also said he would think about exemptions for firefighters, police and military personnel.(and Veterans)

I'm fine with not taxing Social Security benefits. That's never made any sense to me. The other proposals I oppose.

 

[Dont Taz Me Bro]

Servers will still pay some taxes on their actual income...the part that's paid by the actual employer.

Which is next to nothing.

 

[IM2]

What happened to Trump only gives the rich tax cuts?

Thats not really a cut.

 

[IM2]

Who would those proposals allow to be “people not paying any taxes?”

I would oppose people not paying any taxes, other than the dependent class, but the proposals you describe would not create such non-taxpayers.

And what exactly is the depenent class? CEOS who get corporate welfare? Farmers who get subsidies? Landowners of National preserved land?

 

[IM2]

The other thing to consider is that the Heels Up Standard Deductible for married-filing jointly goes down from $30K to 12K.

Who is heels up? Stormy Daniels?