Author Topic: Ted Cruz on Tax Reform  (Read 1360 times)

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Offline Sanguine

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Ted Cruz on Tax Reform
« on: September 27, 2017, 06:51:25 pm »
I heard this this morning on the drive in and was struck by the clear coherence of the arguments.

Cruz on taxes: Needs to be an unapologetic, serious tax cut  http://video.foxbusiness.com/v/5590435931001/?#sp=show-clips

Cruz: Use tax reform to repeal Dodd-Frank   http://video.foxbusiness.com/v/5590433501001/?#sp=show-clips

« Last Edit: September 27, 2017, 07:00:44 pm by Sanguine »

Offline RoosGirl

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Re: Ted Cruz on Tax Reform
« Reply #1 on: September 27, 2017, 06:56:54 pm »
Your second link is incorrect I think.

Offline Sanguine

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Re: Ted Cruz on Tax Reform
« Reply #2 on: September 27, 2017, 07:00:58 pm »
Your second link is incorrect I think.

LOL.  Yes, it was.

Offline RoosGirl

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Re: Ted Cruz on Tax Reform
« Reply #3 on: September 27, 2017, 07:03:42 pm »
:)

I'm using FireFox and I can't get the Fox videos to play.

Offline Bigun

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Re: Ted Cruz on Tax Reform
« Reply #4 on: September 27, 2017, 07:04:01 pm »
What we need is a tax code that does not lend itself to politicization!  Unlike the Marxist income tax we currently abide!
« Last Edit: September 27, 2017, 07:06:13 pm by Bigun »
"I wish it need not have happened in my time," said Frodo.

"So do I," said Gandalf, "and so do all who live to see such times. But that is not for them to decide. All we have to decide is what to do with the time that is given us."
- J. R. R. Tolkien

Offline Sanguine

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Re: Ted Cruz on Tax Reform
« Reply #5 on: September 27, 2017, 07:06:08 pm »
:)

I'm using FireFox and I can't get the Fox videos to play.

I am too, and they are playing.  Do you have flash blocked?

Offline KingsX

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Re: Ted Cruz on Tax Reform
« Reply #6 on: September 27, 2017, 07:06:14 pm »



Don't be fooled by the GOP's doubling the standard deduction...
they also plan to eliminate personal exemptions and the extra
standard deduction for seniors.


Offline Sanguine

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Re: Ted Cruz on Tax Reform
« Reply #7 on: September 27, 2017, 07:07:15 pm »


Don't be fooled by the GOP's doubling the standard deduction...
they also plan to eliminate personal exemptions and the extra
standard deduction for seniors.

I don't trust them any farther than I could throw @Bigun!

Offline Bigun

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Re: Ted Cruz on Tax Reform
« Reply #8 on: September 27, 2017, 07:09:08 pm »
I don't trust them any farther than I could throw @Bigun!

LOL!  Not very far then!
"I wish it need not have happened in my time," said Frodo.

"So do I," said Gandalf, "and so do all who live to see such times. But that is not for them to decide. All we have to decide is what to do with the time that is given us."
- J. R. R. Tolkien

Offline KingsX

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Re: Ted Cruz on Tax Reform
« Reply #9 on: September 27, 2017, 07:09:22 pm »



Any minute Trump will be speaking about the GOP tax cuts for the wealthy...
and of course the stock market is going up... they love it.


Offline RoosGirl

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Re: Ted Cruz on Tax Reform
« Reply #10 on: September 27, 2017, 07:11:51 pm »
I am too, and they are playing.  Do you have flash blocked?

I didn't think so.

Offline Bigun

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Re: Ted Cruz on Tax Reform
« Reply #11 on: September 27, 2017, 07:12:13 pm »


Any minute Trump will be speaking about the GOP tax cuts for the wealthy...
and of course the stock market is going up... they love it.

I'm all for the markets going up!  What I'm against is retaining a tax system endorsed by Karl Marx himself and calling that "Reform"!
"I wish it need not have happened in my time," said Frodo.

"So do I," said Gandalf, "and so do all who live to see such times. But that is not for them to decide. All we have to decide is what to do with the time that is given us."
- J. R. R. Tolkien

Offline KingsX

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Re: Ted Cruz on Tax Reform
« Reply #12 on: September 27, 2017, 07:18:33 pm »

I'm all for the markets going up!  What I'm against is retaining a tax system endorsed by Karl Marx himself and calling that "Reform"!



The DEVIL is in the details we are not being told... like how the GOP plans to eliminate personal exemptions and the extra senior standard deduction. That plus increasing the lowest rate from 10% to 12% will throw many of the non-rich under the bus.



Offline Sanguine

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Re: Ted Cruz on Tax Reform
« Reply #13 on: September 27, 2017, 07:24:13 pm »

The DEVIL is in the details we are not being told... like how the GOP plans to eliminate personal exemptions and the extra senior standard deduction. That plus increasing the lowest rate from 10% to 12% will throw many of the non-rich under the bus.

I happen to think that the federal government shouldn't even know how much we make. 

Offline KingsX

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Re: Ted Cruz on Tax Reform
« Reply #14 on: September 27, 2017, 07:54:56 pm »


Trump just said the new GOP standard deduction will be  $12,000 single / $24,000 couple...
that is NOT doubling the current 2017 standard deduction of $6350 single / $12,700 couple
or the projected 2018 standard deduction which is $6500 single /  $ 13,000 couple

Trump failed to mention the GOP plan to eliminate personal exemptions and extra senior deduction.


Offline Bigun

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Re: Ted Cruz on Tax Reform
« Reply #15 on: September 27, 2017, 08:40:50 pm »
I happen to think that the federal government shouldn't even know how much we make.

And I could not agree with you more!  888high58888
"I wish it need not have happened in my time," said Frodo.

"So do I," said Gandalf, "and so do all who live to see such times. But that is not for them to decide. All we have to decide is what to do with the time that is given us."
- J. R. R. Tolkien

Offline Elderberry

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Re: Ted Cruz on Tax Reform
« Reply #16 on: September 27, 2017, 08:51:38 pm »

Trump just said the new GOP standard deduction will be  $12,000 single / $24,000 couple...
that is NOT doubling the current 2017 standard deduction of $6350 single / $12,700 couple

Sounds like he rounded up from 1.9 to 2(double) How many significant digits do you think he can handle?

Offline KingsX

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Re: Ted Cruz on Tax Reform
« Reply #17 on: September 27, 2017, 09:03:11 pm »

Sounds like he rounded up from 1.9 to 2(double) How many significant digits do you think he can handle?



lol 

Don't let Trump's sometimes goofy manner fool you... he knows exactly what he is doing.

Trump did not say whether or not  this arbitrary $12000/$24,000 standard deduction will the adjusted annually for inflation. Maybe it will be like Reagan's 1983 "tax cut" that turned out to be a new tax on Social Security based on an arbitrary $25,000 income that was NOT set up to be adjusted for inflation and is now a burden to all seniors.



« Last Edit: September 28, 2017, 09:58:41 pm by KingsX »

Offline libertybele

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Re: Ted Cruz on Tax Reform
« Reply #18 on: September 27, 2017, 10:44:47 pm »


Don't be fooled by the GOP's doubling the standard deduction...
they also plan to eliminate personal exemptions and the extra
standard deduction for seniors.

Do you have a link to provide with this information?
I Believe in the United States of America as a Government of the people, by the people, for the people; whose just powers are derived from the consent of the governed; a democracy in a republic; a sovereign nation of many sovereign states; a perfect union one and inseparable; established upon those principles of freedom, equality, justice and humanity for which American patriots sacrificed their lives and fortunes.  I therefore believe it is my duty to my country to love it; to support its Constitution; to obey its laws to respect its flag; and to defend it against all enemies.

Offline libertybele

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Re: Ted Cruz on Tax Reform
« Reply #19 on: September 27, 2017, 10:46:01 pm »

Trump just said the new GOP standard deduction will be  $12,000 single / $24,000 couple...
that is NOT doubling the current 2017 standard deduction of $6350 single / $12,700 couple
or the projected 2018 standard deduction which is $6500 single /  $ 13,000 couple

Trump failed to mention the GOP plan to eliminate personal exemptions and extra senior deduction.

Good grief ... yes, you've posted this before, but do you have a link that substantiates what you are claiming?
I Believe in the United States of America as a Government of the people, by the people, for the people; whose just powers are derived from the consent of the governed; a democracy in a republic; a sovereign nation of many sovereign states; a perfect union one and inseparable; established upon those principles of freedom, equality, justice and humanity for which American patriots sacrificed their lives and fortunes.  I therefore believe it is my duty to my country to love it; to support its Constitution; to obey its laws to respect its flag; and to defend it against all enemies.

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Re: Ted Cruz on Tax Reform
« Reply #20 on: September 27, 2017, 10:50:43 pm »
I happen to think that the federal government shouldn't even know how much we make.

 :amen:

Offline Right_in_Virginia

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Re: Ted Cruz on Tax Reform
« Reply #21 on: September 27, 2017, 10:54:51 pm »

Trump just said the new GOP standard deduction will be  $12,000 single / $24,000 couple...
that is NOT doubling the current 2017 standard deduction of $6350 single / $12,700 couple
or the projected 2018 standard deduction which is $6500 single /  $ 13,000 couple

Trump failed to mention the GOP plan to eliminate personal exemptions and extra senior deduction.

Where are you cutting (and pasting) your posts from?  Is it another forum?  @KingsX

Offline truth_seeker

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Re: Ted Cruz on Tax Reform
« Reply #22 on: September 27, 2017, 11:16:27 pm »
Good grief ... yes, you've posted this before, but do you have a link that substantiates what you are claiming?
Johnny come lately disruptor.
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Offline RoosGirl

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Re: Ted Cruz on Tax Reform
« Reply #23 on: September 27, 2017, 11:20:17 pm »
Johnny come lately disruptor.

You're more of a "disruptor" than s/he's been.  S/he's just repeating himself.

Offline corbe

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Re: Ted Cruz on Tax Reform
« Reply #24 on: September 27, 2017, 11:55:55 pm »

Ted Cruz tweetstorms on new tax reform proposal…

The Right Scoop    Sep. 27, 2017 4:57 pm by The Right Scoop


Ted Cruz just went on one of the longest tweetstorms I’ve ever seen him write, all on this new tax proposal.

Read all his tweets below:


Quote
Ted Cruz
 ✔  ‎@tedcruz 

The priorities laid out today to reform our country’s broken, burdensome tax code are incredibly encouraging.

3:19 PM - Sep 27, 2017


Ted Cruz
 ✔  ‎@tedcruz 

 Replying to @tedcruz

There are numerous positive elements in the current outline for which I have long advocated...

3:19 PM - Sep 27, 2017

<..snip..>

Read more: http://therightscoop.com/ted-cruz-tweetstorms-on-new-tax-reform-proposal/#ixzz4tvVDI2TH
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