RE: How Fucked Up Are Trumptards?
August 7, 2018 at 1:58 pm
(This post was last modified: August 7, 2018 at 2:09 pm by John V.)
(August 7, 2018 at 1:56 pm)Shell B Wrote: Why isn't it an option? I don't care which side does it.
Er, because neither side has shown any inclination to do so.
Dems' plan from March:
https://www.democrats.senate.gov/imo/med...20Plan.pdf
Quote:In order to pay for this historic level of investment, we will repurpose some federal
revenues spent in the Tax Cuts and Jobs Act of 2017 that benefited only wealthy individuals and
corporations. Specifically, the proposal returns income and estate taxes on high-income earners
and the wealthy to 2017 law. It also closes the carried interest loophole and modestly increases
the corporate tax rate from 21 to 25 percent.
Wow, they'd let corporations keep a 10% break from the former rate of 35%. What's up with that?
They'd increase the top rate by 2.6% - back to where it was. Hey Khem, is that taxing the hell out of someone?