This week: Senate aims to kick off tax reform

[mystery-ak]

This week: Senate aims to kick off tax reform
By Jordain Carney - 10/16/17 06:02 AM EDT

Senate Republicans hope to get the ball rolling this week on tax reform, a key priority after their efforts to repeal ObamaCare collapsed earlier this year.

GOP lawmakers are expected to vote on the fiscal year 2018 budget, which paves the way for Republicans to pass tax reform by a simple majority and avoid a Democratic filibuster.

The resolution, which passed the Budget Committee along party lines earlier this month, will allow the tax plan to add up to $1.5 trillion to the deficit over a decade.

more
http://thehill.com/blogs/floor-action/scheduling/355411-this-week-senate-aims-to-kick-off-tax-reform

[RetBobbyMI]

First off, any plan to ADD significantly to the debt is a bad idea. Wrong move!

Secondly, with 100 Senators and with all of the committees and subcommittees they have, why can’t they do more than one thing at a time? Ineptitude is one answer.

[Hoodat]

First off, any plan to ADD significantly to the debt is a bad idea. Wrong move!

The only thing that adds to the debt is more spending.  I don't believe the tax bill addresses spending at all.

My only opposition to the tax proposal is the 0% bracket.   Eliminate the 0% bracket, and I will be on board.  Everyone earning income should be held accountable.  Everyone.

And while you're at it, get rid of all tax credits that exceed the amount of taxes due.  The IRS should never be in the income redistribution business.

[RetBobbyMI]

The only thing that adds to the debt is more spending.  I don't believe the tax bill addresses spending at all.

My only opposition to the tax proposal is the 0% bracket.   Eliminate the 0% bracket, and I will be on board.  Everyone earning income should be held accountable.  Everyone.

And while you're at it, get rid of all tax credits that exceed the amount of taxes due.  The IRS should never be in the income redistribution business.

I just responded to the last paragraph “The resolution, which passed the Budget Committee along party lines earlier this month, will allow the tax plan to add up to $1.5 trillion to the deficit over a decade.”

Agree with your other comments though.