President Ronald Reagan with Democrats:
Charles Rangel, Robert Byrd, Dan Rostinkowski
Republicans Jack Kemp, Bob Dole, Strom Thurmond
THIS IS WHAT TAX REFORM LOOKS LIKE
As another Lame Cherry exclusive in matter anti matter.
The Lame Cherry exclusively published on his a year ago in what needed to be accomplished on Tax Reform and I repeat this in a new post, as all of us are being played again by Paul, as in Paul Ryan, as that is what Donald Trump calls him, as what is appearing now from Congress is elimination of all tax deductions and increasing taxes on EVERYONE, beyond the Obama super tax increases of that 8 year dictatorship.
As they prepare to unveil their own sweeping tax plan, Senate Republicans are revisiting key provisions of the GOP House proposal, including possibly eliminating property tax deductions as well as state income tax deductions, increasing the size of child-care credits, offering more help to small businesses and having corporate tax cuts phase in or expire, according to those familiar with the negotiations.
The final outline of the Senate plan, scheduled to be released Thursday, remained a work in progress, officials cautioned.
So you get this the child tax deduction is NOT FOR AMERICANS, it is for these goddamn breeder Muslims and Mexicans that Mr. High Rise is dumping into America in greater than Obama levels. In other words, Donald Trump is not having these foreigners pay any taxes and rewards them for fucking to pop out replacements for you.
The answer to this farce by Trump, Ryan and McConnell is THE TAX REFORM ACT OF 1986.
As you get lied to all the time American Patriots in President Ronald Reagan and Senator Jack Kemp wrote a tax bill that does everything Donald Trump claims he wants done. All that Donald Trump has to do is make this known, force Paul Ryan and Mitch McConnell to submit this same bill which created 30 years of economic prosperity in America until that old deep state money whore bastard who built communist China in George H. W. Bush repealed it all and robbed every one of you of your American Dream.
The top tax rate for individuals for tax year 1987 was lowered from 50% to 38.5%.[3] Many lower level tax brackets were consolidated, and the upper income level of the bottom rate (married filing jointly) was increased from $5,720/year to $29,750/year. This package ultimately consolidated tax brackets from fifteen levels of income to four levels of income.[4] The standard deduction, personal exemption, and earned income credit were also expanded, resulting in the removal of six million poor Americans from the income tax roll and a reduction of income tax liability across all income levels. The higher standard deduction substantially simplified the preparation of tax returns for many individuals.
For tax year 1987, the Act provided a graduated rate structure of 11%/15%/28%/35%/38.5%. Beginning with tax year 1988, the Act provided a nominal rate structure of 15%/28%/33%. However, beginning with 1988, taxpayers having taxable income higher than a certain level were taxed at an effective rate of about 28%. This was jettisoned in the Omnibus Budget Reconciliation Act of 1990, otherwise known as the "Bush tax increase", which violated his Taxpayer Protection Pledge.
Everything has already been written and proven to work. All that needs to be done is submit it, pass it and Donald Trump to sign it. All we get though is Donald Trump led around by dictator Xi of Peking and more of these goddamn lies from these conglomerate Nazi in Congress.
If you are taking these tax negotiations for real, you are a fool, a bleating tard that it would insult a sheep to call you one.
Homo Hannity and all of this mic head shit should be demanding that the Reagan Taxes be passed again, but they are not, and they are all lying to you bleaters in giving you no direction as none of you have any sense.
Hey America is falling apart, but I'm gone to China
to be led around by a dictator of billions as that is what matters.
I'll leave things to McConnell and Ryan.
Nuff Said
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