Originally Posted by Guest

You can tell your children and grandchildren the jury is still out on whether tax cut will add to their debt but please don’t tell me that. That is one dumb jury if that is the case. Again Republicans are getting ready to pass a giant tax giveaway and will very soon after approve a even bigger spending bill that also will get pass down to your children and grandchildren, assuming you have them. If you don’t have children I understand your position and have no quarrel with you.

You get a $ trillion for the "poor".

They get a $ trillion for corporations.

In the end...they ALL get paid.

This tax bill is not for hardworking middle-class families. The real purpose of this GOP bill is to give huge tax cuts to multinational corporations and to make it easier for them to shift jobs overseas.

Millionaires on average will get an extra $69,660 boost. Those with less than $10,000 will get an extra $10.

Top 1% get 83% of the tax cuts. 60% will see tax increase in 10 yrs. Repeal of healthcare mandate means 13 million fewer people will have health ins & premiums will rise 10% more than predicted. + $1.5 Trillion added to the national debt.

Further, 14 GOP senators and Trump will personally enrich themselves if they vote for their tax bill tomorrow because of a last-minute real-estate tax break.

Many fear Republicans will turn to cutting Social Security, Medicare and Medicaid to offset upwards of $1 trillion in lost revenue for the tax bill.

Paul Ryan has been an advocate of cutting Social Security and Medicare so the tax bill maybe purposely designed by Republicans to explode the deficit. Then, when the deficit skyrockets, they will demand cuts to Medicare, Medicaid, Social Security and other safety net programs. Since many people blame the poor and minorities for the deficits, they may be able to get away with the slight of hand.

Analysis shows a second group getting a hike: low-to-middle income taxpayers that currently take very large deductions of any kind. Filers in this group won't benefit from the increased standard deduction, and they will get hurt by the removal of personal and dependent exemptions.

These taxpayers are rare but maybe not as rare as you think:

Elderly taxpayers, who can be on moderate fixed incomes, may use savings on medical expenses, which are partially deductible. And a married couple where one partner gets laid off may dip into savings to make mortgage interest or real estate tax payments, both deductible. The new tax bill removes these deductions.

Originally Posted by Guest

Many fear Republicans will turn to cutting Social Security, Medicare and Medicaid to offset upwards of $1 trillion in lost revenue for the tax bill.

Paul Ryan has been an advocate of cutting Social Security and Medicare so the tax bill maybe purposely designed by Republicans to explode the deficit. Then, when the deficit skyrockets, they will demand cuts to Medicare, Medicaid, Social Security and other safety net programs. Since many people blame the poor and minorities for the deficits, they may be able to get away with the slight of hand.

Well B...the "poor" cost us over a $ trillion every year. Free sh!t we give to them. They cost us $5,000,000,000 a MONTH...$60,000,000,000 a year in food stamps alone. How long can we afford to borrow over $1 trillion a year, 1/4 of the federal budget...$3,000 from EVERY man woman and child...to give free sh!t to poor people?

Cut medicaid...food and housing programs. And then we can solve TWO problems at once. The blacks needing jobs to survive...will force the Hispanics out taking their old jobs back. The jobs they quit for welfare. Because welfare pays better...up to $60,000 a year in benefits.