XPost: alt.radio.talk, alt.politics.usa, alt.fan.rush-limbaugh
XPost: alt.politics.republicans, us.taxes
On 11/02/2017 09:05 PM, Ubiquitous wrote:
On Thursday’s Mark Levin show, The Republican tax reform plan is 85%
good but the whole theory behind it is somewhat schizophrenic. There
are tax cuts, but the elimination of some tax deductions and tax
credits are effectively a tax increase for some people. There should
be no increase in taxes for anybody.
They are shifting taxes which is always the case.
If you have no increase then it's an increase on the next generation
that will be forced to pay a tax to pay the debt.
They need to cut social programs and cut taxes the same amount, that
will increase GDP. Shifting taxes will maybe create some better
efficiency but in the end, what it was supposed be was a net ZERO
increase and thereby it will be a net zero cut. Tax cuts that shift
taxes is OK but it won't get us out of this stagnation funk.
--
That's Karma
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