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Re :  Donnie's promised tax cuts "for all Americans" --

"You might be able to fool most of the people some of the time,
And some of the people most of the time..."      

It's not really Trumps plan, he just signed it. I doubt he has a clue what's in it.

But, about 90% of Americans will see a raise next month. I predict 99.9% will keep it and not insist on paying more.

Maddog wrote:It's not really Trumps plan, he just signed it.  I doubt he has a clue what's in it.  

But, about 90% of Americans will see a raise next month.  I predict 99.9% will keep it and not insist on paying more.  

He knows the tax breaks he got. The guy's as dumb as a stone, but he knows $$$. Look at the new tax advantages for real estate companies.

Original Quill wrote:

Maddog wrote:It's not really Trumps plan, he just signed it.  I doubt he has a clue what's in it.  

But, about 90% of Americans will see a raise next month.  I predict 99.9% will keep it and not insist on paying more.  

He knows the tax breaks he got.  The guy's as dumb as a stone, but he knows $$$.  Look at the new tax advantages for real estate companies.

Unless you are writing off local taxes and interest on the big houses.

Maddog wrote:

Original Quill wrote:

He knows the tax breaks he got.  The guy's as dumb as a stone, but he knows $$$.  Look at the new tax advantages for real estate companies.

Unless you are writing off local taxes and interest on the big houses.  

It's negligible for them. And mortgage interest? Pfft...the wealthy pay cash.

Original Quill wrote:

Maddog wrote:

Unless you are writing off local taxes and interest on the big houses.  

It's negligible for them.  And mortgage interest?  Pfft...the wealthy pay cash.

Guess How you describe wealthy.

Anyway, it was the folks in Cali bitching about not getting their write offs. It's because housing is so expensive there.

Maddog wrote:

Original Quill wrote:

It's negligible for them.  And mortgage interest?  Pfft...the wealthy pay cash.

Guess How you describe wealthy.

Geeze, it's not hard to locate them.  They are up there in that little, tiny sliver called the '1%'.  1% of all income earned.  1% of all property owned.  Control of all Republicans in Congress.  Capitalists when it comes to profits; socialists when it comes to risks.

Or, read the new Tax Act. Follow the flow of money...it leads directly into their wealthy pockets.

Original Quill wrote:

Maddog wrote:

Guess How you describe wealthy.

Geeze, it's not hard to locate them.  They are up there in that little, tiny sliver called the '1%'.  1% of all income earned.  1% of all property owned.  Control of all Republicans in Congress.  Capitalists when it comes to profits; socialists when it comes to risks.

Or, read the new Tax Act.  Follow the flow of money...it leads directly into their wealthy pockets.

OK, that would be everyone making about 350-400K and up.

I can assure you, most of them borrow money for houses.

Maddog wrote:

Original Quill wrote:

Geeze, it's not hard to locate them.  They are up there in that little, tiny sliver called the '1%'.  1% of all income earned.  1% of all property owned.  Control of all Republicans in Congress.  Capitalists when it comes to profits; socialists when it comes to risks.

Or, read the new Tax Act.  Follow the flow of money...it leads directly into their wealthy pockets.

OK, that would be everyone making about 350-400K and up.

I can assure you, most of them borrow money for houses.  

I don't think you can. And with this new tax law, I can assure you they are the only ones who can afford to eschew mortgages.

Original Quill wrote:

Maddog wrote:

OK, that would be everyone making about 350-400K and up.

I can assure you, most of them borrow money for houses.  

I don't think you can.  And with this new tax law, I can assure you they are the only ones who can afford to eschew mortgages.

All my clients are banks.

I know this shit.

Unlike you I don't make it up on the fly.

Maddog wrote:

Original Quill wrote:

I don't think you can.  And with this new tax law, I can assure you they are the only ones who can afford to eschew mortgages.

All my clients are banks.

I know this shit.

Unlike you I don't make it up on the fly.

No you don't.  You'd rather lie. You don't know shit about what will happen with this Tax Act…or you do, and you are just as willing to bullshit as the Republicans.  The Tax Act is designed with chutes and ladders, and all sorts of false traps.

The Federal IRS Code is fundamentally and deliberately progressive...remember, progressive income tax?  That means the wealthy pay incrementally more taxes as they have more...it hurts them less.

Heretofore, the only reason to have a mortgage for the wealthy was because of the tax advantage.  Cancel the deduction, then the wealthy will do away with the mortgage.  But who can do that among the poor and middle income families?  

Already increasing the deficit by $1.5-trillion, the Republicans looked for ways to make up for the shortfall created by the Tax cut for corporations.  They hit on the poor and middle-income families; they can't cast off their mortgages.  They are the ones hurt by loss of the mortgage deduction.  The wealthy just retire their loans.  It's Robin Hood in reverse: steal from the poor and middle-income folks, to give to the rich.

But you weren't going to mention that, were you?

Maddog wrote:

Original Quill wrote:

I don't think you can.  And with this new tax law, I can assure you they are the only ones who can afford to eschew mortgages.

All my clients are banks.

I know this shit.

Unlike you I don't make it up on the fly.

All your clients are banks ???

'Maddog Security & Contract Cleaning. Inc.'

WhoseYourWolfie wrote:

Maddog wrote:

All my clients are banks.

I know this shit.

Unlike you I don't make it up on the fly.

All your clients are banks  ???

'Maddog Security & Contract Cleaning.  Inc.'

Yes, I specialize in cleaning bank bathrooms because they are different than bathrooms in other buildings.

Original Quill wrote:

Maddog wrote:

All my clients are banks.

I know this shit.

Unlike you I don't make it up on the fly.

No you don't.  You'd rather lie.  You don't know shit about what will happen with this Tax Act…or you do, and you are just as willing to bullshit as the Republicans.  The Tax Act is designed with chutes and ladders, and all sorts of false traps.

The Federal IRS Code is fundamentally and deliberately progressive...remember, progressive income tax?  That means the wealthy pay incrementally more taxes as they have more...it hurts them less.

Heretofore, the only reason to have a mortgage for the wealthy was because of the tax advantage.  Cancel the deduction, then the wealthy will do away with the mortgage.  But who can do that among the poor and middle income families?  

Already increasing the deficit by $1.5-trillion, the Republicans looked for ways to make up for the shortfall created by the Tax cut for corporations.  They hit on the poor and middle-income families; they can't cast off their mortgages.  They are the ones hurt by loss of the mortgage deduction.  The wealthy just retire their loans.  It's Robin Hood in reverse: steal from the poor and middle-income folks, to give to the rich.

But you weren't going to mention that, were you?

No one can type so many words and still say nothing.

Maddog wrote:

Original Quill wrote:

No you don't.  You'd rather lie.  You don't know shit about what will happen with this Tax Act…or you do, and you are just as willing to bullshit as the Republicans.  The Tax Act is designed with chutes and ladders, and all sorts of false traps.

The Federal IRS Code is fundamentally and deliberately progressive...remember, progressive income tax?  That means the wealthy pay incrementally more taxes as they have more...it hurts them less.

Heretofore, the only reason to have a mortgage for the wealthy was because of the tax advantage.  Cancel the deduction, then the wealthy will do away with the mortgage.  But who can do that among the poor and middle income families?  

Already increasing the deficit by $1.5-trillion, the Republicans looked for ways to make up for the shortfall created by the Tax cut for corporations.  They hit on the poor and middle-income families; they can't cast off their mortgages.  They are the ones hurt by loss of the mortgage deduction.  The wealthy just retire their loans.  It's Robin Hood in reverse: steal from the poor and middle-income folks, to give to the rich.

But you weren't going to mention that, were you?

No one can type so many words and still say nothing.  

In other words, you concede that I'm right. OK...on to another thread.