2017 GOP Tax Cut & Jobs Act: Republican majorities to vote on extension in 119th Congress before expiration on 12/31/25

The Fukin Prophecy

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Black America would be more effected though so no thanks
I wouldn't say more effected...

It's definitely a double edged sword though...

Stupid people only learn through pain and suffering which is why we need that recession...Think of it as a cleansing which is badly needed in that part of the country...

It's either that or civil war...Either way middle Amerikkkan and bible belt CACs have to die for this country to progress...
 

Mantis Toboggan M.D.

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This shyt is infuriating, I want to start a family in the next few years but it’s like what’s the point with evil fukkers like this trying to ruin everything. I need to find a different country to dip to once I get my career in order.
Toronto seemed nice when I visited in August. I’d look there.
 

NY's #1 Draft Pick

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Thanks to everyone that has contributed to this thread. The discussion between everyone has helped me understand what exactly is happening. Continue the dialogue I enjoy hearing the fact and what your opinions are about this. Save up for the next recession though brehs and brehettes.
@Arianne Martell can you please explain why to divest in your isp, 401 k etc?
 

Mantis Toboggan M.D.

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I wouldn't say more effected...

It's definitely a double edged sword though...

Stupid people only learn through pain and suffering which is why we need that recession...Think of it as a cleansing which is badly needed in that part of the country...

It's either that or civil war...Either way middle Amerikkkan and bible belt CACs have to die for this country to progress
...
It’s a sad and cruel statement, but it’s true. Extend it to all middle aged white people really. My parents are almost guaranteed to lose their jobs, lose their home in my dad’s case, and certainly go bankrupt again. In spite of this, they blindly support the party and blame whoever they’re told to blame. You ever play the Halo games on Xbox? It’s like trying to cure a flood infection. There’s no way to do it while saving the host.
 

NY's #1 Draft Pick

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It’s a sad and cruel statement, but it’s true. Extend it to all middle aged white people really. My parents are almost guaranteed to lose their jobs, lose their home in my dad’s case, and certainly go bankrupt again. In spite of this, they blindly support the party and blame whoever they’re told to blame. You ever play the Halo games on Xbox? It’s like trying to cure a flood infection. There’s no way to do it while saving the host.
:dwillhuh: Breh can’t you talk any sense into them?
 

tru_m.a.c

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I wouldn't say more effected...

It's definitely a double edged sword though...

Stupid people only learn through pain and suffering which is why we need that recession...Think of it as a cleansing which is badly needed in that part of the country...

It's either that or civil war...Either way middle Amerikkkan and bible belt CACs have to die for this country to progress...
Bro we are always the hardest hit in any economic downturn: “The depression brought everybody down a peg or two. And the Negro had but few pegs to fall.”
 

Arianne Martell

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House Martell #SnakeGang #Targset
Tell me more?

Thanks to everyone that has contributed to this thread. The discussion between everyone has helped me understand what exactly is happening. Continue the dialogue I enjoy hearing the fact and what your opinions are about this. Save up for the next recession though brehs and brehettes.
@Arianne Martell can you please explain why to divest in your isp, 401 k etc?

We all know this “tax cut” is for the wealthy and corporations of this country

They all have their money tied up to the stock market and b/c of this it will performs well and in turn increase their fortunes

I’m telling my people to Set up a Vanguard account and buy large, mid, and small stock indexes and to put their money there instead of a IRA or money market account making bullshyt money. Keep adding money and leave it alone.

For instance, my retirement account I have it semi conservative while my vanguard account is all risky to benefit it from these times we are living ....this is a big leap for me cause I’m risk adverse but after my loss due to the housing crash, I have skin in the game


Of course this is not going to last forever so I plan to pull my money back once I see a 20% loss or even less lol...

Ride the wave
 

DPresidential

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Did anyone do the calculations?

I'm still trying to understand why most people won't be getting a tax cut next year.

From the Tax Policy Center, which is the institution that is cited when these discussions are had on taxes, almost all tax payers will be getting tax cuts.

I see the concern about the 2027 tax increases but, from what I understand, that's predictable since most of the tax provisions would expire in 2025. This doesn't mean that those provisions won't be there, though, right? Isn't that something that if the tax plan is going in a good direction, those provisions, like many temporary provisions before it, would be renewed?

Distributional Analysis of the Conference Agreement for the Tax Cuts and Jobs Act

I am simply trying to understand this. Not making a concrete statement in support or against. Just a taxpayer trying to wrap my head around this shyt. Brehs are talking like it's apocalypse now. I need to understand.
 
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King Static X

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6 Reasons for Progressives to Stop Worrying and Love the GOP Tax Scam

This is a good read
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Mantis Toboggan M.D.

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:dwillhuh: Breh can’t you talk any sense into them?
I try plenty. I provide legal documents, primary sources, public information, and total breakdown of how vile this party has become over the last 55 years. They listen and it seems like they get it and they examine what I say with genuine willingness to listen. Then they change the channel back to fox and forget everything I just said moments earlier. Fox has them convinced that people with an education are the ones out of touch with what’s good for the common American and has them so terrified of everything that my mother has even said she doesn’t mind signing away her freedoms under the constitution if that’s what it takes to keep her safe like that’s ever worked in any nation in human history. By the end of the conversations I feel like tony soprano after his last visit to uncle June, leaving with the :francis: as I get into the car to drive home
 
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