Buying Votes: House Republicans roll out election-year tax cut plan

[spanone]

WASHINGTON (Reuters) - Republicans in the U.S. House of Representatives unveiled an election-year tax plan on Tuesday that is unlikely to become law but could energize party voters this autumn by promising permanent tax cuts for individuals and most business owners

Days before lawmakers head home for five weeks of summer campaigning before the Nov. 6 congressional elections, House Ways and Means Committee Chairman Kevin Brady rolled out a “Tax Reform 2.0” proposal that would also expand savings opportunities for families and workers while expanding write-offs for start-up businesses.

“This is an excellent first step,” Brady, a Republican, told reporters after showing the plan to members of his party.

House Republicans plan three pieces of legislation covering permanence, savings and business in hopes of reaping some success in the Senate. Other ideas, including a measure to protect capital gains on business investments from inflation, are also under discussion.

https://www.reuters.com/article/us-usa-tax-republicans/house-republicans-roll-out-election-year-tax-cut-plan-idUSKBN1KE2LN

[exboyfil]

1. And Sonny Perdue is passing

out checks to the farmers. Doublethink.

[dalton99a]

2. Republican fiscal responsibility

as usual

[spanone]

3. that's all they ever have...tax cuts.

nothing else....ever.

[beachbum bob]

4. Hammer on exploding the debt...hammer big...but hammer

With the cuts to social security, Medicare, Medicaid

Hammer hammer hammer.

[aquamarina]

5. Yeah, I got an

Email last week from the OC Russian Dana Rorhrbacher telling me he is proposing a bill that would double what’s left of the SALT deduction from $10,000 to $20,000 to help homeowners like me who were screwed by their repuke tax “reform” billl. The smell of repute desperation is a beautiful thing. Dems ought to bottle it.