GOP's Cheez Doodle tax reform: all puff, color and air

[corbe]

GOP's Cheez Doodle tax reform: all puff, color and air

By Martin Sullivan, opinion contributor — 09/27/17 05:00 PM EDT 

We’re really making progress; or at least that’s the impression White House officials would like you to think with the release of their tax reform framework.

We’re going to have a 35-percent top individual rate ... but it might be higher.

We’re going to have 12-, 25-, and 35-percent brackets ... but we don’t know where the breakpoints will be.

We’re going to increase the $1,000 child credit ... but we don’t know by how much.

We’re going to let multinationals bring $3 trillion of foreign earnings back home ... but we don’t know what tax rate we will charge them for the privilege.

We’re going to have expensing ... but we not sure for how long or what investment qualifies.

Lastly, there is going to be a lot of economic growth that will help pay for the plan ... but we don’t know by how much because we don’t yet have a specified tax plan, and we don’t even know which economic model to use.

<..snip..>

http://thehill.com/opinion/finance/352752-gops-cheez-doodle-tax-reform-all-puff-color-and-air

[dfwgator]

[roamer_1]

Puffy Cheetos used to be one of my favorite things...
But some time ago, the ones in the bottom of the bag always have this nasty, rancid oil gank in em.
Can't eat em anymore.

[corbe]

   Never experienced that @roamer_1 but it sounds like someone was peeing in your bag of Cheetos while you weren't looking. I always put the cap back on my unattended beer bottle in some of the places I hang, I trust no one except:



 

[RoosGirl]

I would be pretty confident that Ted would not pee in my cheese doodles or my beer.  But it doesn't matter too much because I don't eat/drink either.   ^-^

[RoosGirl]

I do like his tax plan though!  Too bad it would never pass.

[Fishrrman]

I posted the major details of the plan here:
http://www.gopbriefingroom.com/index.php/topic,283127.0.html

[Mom MD]

In other words give those who don't pay tax a bigger refund on the taxes they don't pay and stick it to those of us who actually pay tax.   Got it.

[Right_in_Virginia]

Republicans want tax reform about as much as they want to repeal Obamacare.

[Oceander]

Republicans want tax reform about as much as they want to repeal Obamacare.

In other words, Trump wants tax reform about as much as he wanted to repeal Obamacare, which is to say not at all.