Jump to content
IGNORED

WorthyNews: Trump's new tax cut plan probably waits for 2019: lawmaker


WorthyNewsBot

Recommended Posts


  • Group:  Bots
  • Followers:  3
  • Topic Count:  39,879
  • Topics Per Day:  6.47
  • Content Count:  44,278
  • Content Per Day:  7.18
  • Reputation:   984
  • Days Won:  2
  • Joined:  06/06/2007
  • Status:  Offline

(Worthy News) - The U.S. House of Representatives’ leading lawmaker on taxes suggested on Sunday that a new tax cut plan touted by President Donald Trump was unlikely to see action in Congress before 2019, and then only if Republicans keep their majority in Nov. 6 elections.

“Really common sense tells you that this (Trump’s new tax cut plan) is something, that as the Republicans retain the House and the Senate, that will advance in the new Congress,” Representative Kevin Brady said on Fox News.

Brady was discussing a new 10 percent middle-class tax cut proposal that Trump began touting earlier this month. [ Source: Reuters (Read More...) ]

The post Trump's new tax cut plan probably waits for 2019: lawmaker appeared first on Worthy Christian News.

View the full article

Link to comment
Share on other sites

  • 2 weeks later...
Guest shiloh357

The Democrats will see to it that Americans get no further tax cuts and if they have anything to say about it, they want to raise taxes, kill jobs and add regulations and bring us back to the dismal job and economy numbers of the Obama industry.   Democratic policies depend on people being tied to and dependent on government programs, of having to live off of welfare, unemployment and food stamps.  

The Democrats are the party of slavery, poverty, racism, failure and oppression.  The Democrats are everything that is wrong with America and as a party are a national disgrace.

Link to comment
Share on other sites


  • Group:  Worthy Ministers
  • Followers:  29
  • Topic Count:  596
  • Topics Per Day:  0.08
  • Content Count:  56,061
  • Content Per Day:  7.55
  • Reputation:   27,806
  • Days Won:  271
  • Joined:  12/29/2003
  • Status:  Offline

It will be interesting to see if the Democrats kill that bill....    would be damaging for them in 2020....   and we do still have some time before the tax cuts expire....   it could be a good thing for us conservatives if they do kill it..

Link to comment
Share on other sites


  • Group:  Worthy Ministers
  • Followers:  18
  • Topic Count:  950
  • Topics Per Day:  0.35
  • Content Count:  13,545
  • Content Per Day:  5.02
  • Reputation:   9,035
  • Days Won:  6
  • Joined:  12/04/2016
  • Status:  Offline
  • Birthday:  03/03/1885

On 11/9/2018 at 3:18 PM, shiloh357 said:

The Democrats will see to it that Americans get no further tax cuts and if they have anything to say about it, they want to raise taxes, kill jobs and add regulations and bring us back to the dismal job and economy numbers of the Obama industry.   Democratic policies depend on people being tied to and dependent on government programs, of having to live off of welfare, unemployment and food stamps.  

The Democrats are the party of slavery, poverty, racism, failure and oppression.  The Democrats are everything that is wrong with America and as a party are a national disgrace.

 I sure agree with the emotions if not the facts. Somehow though; income has to exceed expense or the numbers have to be fudged, the books cooked. And even that fails eventually. Can't just have revenue (Taxes) cut without an increase in production and total tax revenue occurring to offset it, otherwise the country just goes bankrupt faster than it was already headed towards that event yet to come.  The claim is always made that the offsetting  new revenue will come about and all will be well. but i don't see it happening so far. Our financial comeuppance is approaching at a geometrically increasing speed. As one man the then  Fed chairman Alan Greenspan wisely said, we suffer from irrational  exuberance.

 I  think, - it is once again the appointed time for the shearing of the sheep. We are going to get clipped.

Edited by Neighbor
Link to comment
Share on other sites


  • Group:  Worthy Ministers
  • Followers:  29
  • Topic Count:  596
  • Topics Per Day:  0.08
  • Content Count:  56,061
  • Content Per Day:  7.55
  • Reputation:   27,806
  • Days Won:  271
  • Joined:  12/29/2003
  • Status:  Offline

On ‎11‎/‎9‎/‎2018 at 2:22 PM, PepperS said:

Why didn't this legislation pass when the republicans had both houses of congress?

The article says that a tax plan which passed in the house, which would have made the 2017 tax cuts permanent did not pass in the Senate. 

Now I understand why the president and congress were holding this out as a carrot to get votes. If they really cared more about people than about politics, the Senate would not have voted this legislation down.

 

That bill, which would make permanent individual tax cuts from Trump’s 2017 tax overhaul, has not passed the Senate, where Republicans have a narrow 51-49 majority. Brady said Sunday he thought Senate passage of that legislation, too, depended on the outcome of voting on Nov. 6.

 

because it takes more than a majority to pass most things in the senate....   while they do have the majority, they don't have the 60 votes to bring things to the floor for a vote....    so they really don't have full control of the Senate.

 

Link to comment
Share on other sites

  • Recently Browsing   0 members

    • No registered users viewing this page.
×
×
  • Create New...