Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search
6 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
 

Hoyt

(54,770 posts)
1. Its not a good tax bill, but most of middle class will see more money in their paycheck.
Sun Dec 17, 2017, 11:32 PM
Dec 2017

I’d find another way to attack the tax plan, because it sure will look like a tax cut to most who don’t think beyond pay day. It’s not a fair or good tax cut long-term, but it sure will look like one.

House of Roberts

(5,169 posts)
3. They can muck around with the withholding tables,
Mon Dec 18, 2017, 01:30 AM
Dec 2017

and make people THINK they got a tax cut. You fill out a new W4, use the same number of exemptions, and see more money for the same hours and wage. You won't realize the truth until you file your taxes in 2019, after the 2018 election.

 

Hoyt

(54,770 posts)
6. For most people under $150,000 or so, they will get more in paycheck monthly and will
Mon Dec 18, 2017, 02:30 AM
Dec 2017

still be positive after reconciling with 2019 tax return.

Attacking it that way is like telling some white wing ignoramus that global warming exists white it’s a new low in his area. Better find another way to attack this plan, like calling it climate change rather than global warming.

doc03

(35,336 posts)
4. I agree Democrats better find another way to attack the tax plan. I figured my
Mon Dec 18, 2017, 01:42 AM
Dec 2017

taxes out for next year and I will save $72 per month and I am middle class. I think Democrats should have pounded on the deficit in my
opinion. There was a huge deficit built in every year from the Bush tax cuts and this adds $1.5 trillion more.
I don't know the numbers but I am guessing with the Bush tax cuts and these tax cuts the debt has to increase
at least $6 to 8 trillion the next ten years.

RainCaster

(10,874 posts)
5. This is a TRILLION AND A HALF in debt brought to you by the GOP
Mon Dec 18, 2017, 01:45 AM
Dec 2017

That's all it is. Say it loud and long. Never forget it.

Latest Discussions»General Discussion»WE know.