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Old 11-30-2017, 07:55 AM   #1
2MuchMark
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The new Tax reform Bill

Watch this amazing video about the new tax reform bill.



What do you think ?
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Old 11-30-2017, 08:06 AM   #2
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Any company in any country can deduct moving/outsourcing expenses.
No person in no country can deduct his moving expenses.

But yeah, this is scandalous!
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Old 11-30-2017, 10:55 AM   #3
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if corporations are people as outlined by the constitution and the supreme court that means people are corporations. So if both party's are the same legal definition one of the 2 are getting screwed. One is being over taxed or one is being under taxed.
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Old 11-30-2017, 10:59 AM   #4
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Once again they seem to be voting on a bill where they have no idea what they are voting on. It's insane how they make laws in Congress.
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Old 11-30-2017, 11:01 AM   #5
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This bill is the ultimate Republican ass fuck they've always been wanting to give to "the little people". Enjoy it.

If there's any silver lining, it's the possibility the Republicans will help impeach Trump after they get this tax cut, which is all they wanted from his presidency.
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Old 11-30-2017, 11:15 AM   #6
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Can you think of any reason why the US should continue to have the highest corporate tax rate in the world?
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Old 11-30-2017, 11:59 AM   #7
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Can you think of any reason why the US should continue to have the highest corporate tax rate in the world?
It doesn't need to be as high as it is. But if it's officially 35 then that means they pay 15. So when it's 20 they'll pay...less than 10? Is that ok with you? Let's just make it zero if that will make you happy.

Anyway, the bill isn't just about that. There's a ton of stuff in there to fuck us all over for a long time. It's not just about corporations. While we're on that subject, why does big business need such a break? They're doing great.

You're a fucking moron.
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Old 11-30-2017, 02:59 PM   #8
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I love how Marco Rubio is now saying structural changes (meaning cuts and retirement age increases) will be need to be made to Social Security and Medicare to address the deficit due to the tax cuts. Heaven forbid they maybe don’t cut corporate taxes quit so much, after all what is wrong with raising the Social Security retirement age to 68 or more (it’s currently 67).
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Old 11-30-2017, 03:05 PM   #9
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Their corporate masters have threatened to cut off funds if they don't pass some kind of tax cuts for them. They expect a return on the money they give these guys. So much for chump being for the working man, but the cultist can't see past chump's nut sack

as for high tax rate. That's only on paper. with loop holes they pay nothing near that, but keep believing the bullshit. Don't forget those loop holes will still be in place.
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Old 11-30-2017, 03:08 PM   #10
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Originally Posted by mineistaken View Post
Any company in any country can deduct moving/outsourcing expenses.
No person in no country can deduct his moving expenses.

But yeah, this is scandalous!
Not true, i deducted $12,000. Moving expenses when i went from California to Maine it was accepted and i received a refund check.
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Old 11-30-2017, 03:15 PM   #11
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Meanwhile in the OP's native Canuckistan:

Bill Morneau?s father sold 200K shares in family company days before tax changes announced

Bill Morneau, for those that don't know, is a Liberal MP and Finance Minister of the federal government.

But the OP has too much Trump on the brain to notice all the corruption and bad governance going on in his own country.




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Old 11-30-2017, 03:15 PM   #12
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Not true, i deducted $12,000. Moving expenses when i went from California to Maine it was accepted and i received a refund check.
True. I've done the same thing 3 times moving cross country & once internationally.
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Old 12-01-2017, 04:33 AM   #13
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Not true, i deducted $12,000. Moving expenses when i went from California to Maine it was accepted and i received a refund check.
https://www.taxact.com/tax-informati...oving-expenses

Fuck yes, I needed more deductions this year! First I have heard of this...Thanks!
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Old 12-01-2017, 11:27 AM   #14
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Can you think of any reason why the US should continue to have the highest corporate tax rate in the world?
It does not have the highest corporate tax rate. Just another one of the Donald's lies.
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Old 12-01-2017, 11:31 AM   #15
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Any company in any country can deduct moving/outsourcing expenses.
No person in no country can deduct his moving expenses.

But yeah, this is scandalous!
An individual could, under qualifying circumstances, deduct his moving expense but if this bill is passed that will no longer be the case. Educate yourself.
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Old 12-01-2017, 12:45 PM   #16
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Meanwhile in the OP's native Canuckistan:

Bill Morneau?s father sold 200K shares in family company days before tax changes announced

Bill Morneau, for those that don't know, is a Liberal MP and Finance Minister of the federal government.
Yes, and it was a dick move.

Quote:
Originally Posted by EonBlue View Post
But the OP has too much Trump on the brain to notice all the corruption and bad governance going on in his own country.
Not at all.

The difference my friend, is that the bill in the US looks like it's going to fuck millions and millions of people over. The bill was written in haste, has not been put up for debate, etc. If you are interested in paying only your fair share in taxes and not more, wouldn't you like to at least look into it a little more before its too late?
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Old 12-01-2017, 01:28 PM   #17
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The difference my friend, is that the bill in the US looks like it's going to fuck millions and millions of people over. The bill was written in haste, has not been put up for debate, etc. If you are interested in paying only your fair share in taxes and not more, wouldn't you like to at least look into it a little more before its too late?
There are millions and millions of people getting fucked over right here at home - in Ontario especially. Companies are leaving Ontario in droves with many to most heading for the US. And with a 32% increase in labour costs only a month away, many more are bound to leave.

Go ahead and hate on Trump all you want. The US will survive Trump. But Canada isn't going to survive it's current leadership.

And admit it - if a Conservative Finance Minister did what Morneau did and a Conservative PM backed him like Trudeau did you would be posting all kinds of shit about it. But because it's your golden boy and his Liberals you can barely muster a shoulder shrug.



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