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Survey: What Bothers Americans About The Federal Tax System?

Discussion in 'BBS Hangout: Debate & Discussion' started by Carl Herrera, Dec 22, 2017.

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  1. Carl Herrera

    Carl Herrera Member

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    I find this interesting in explaining the unpopularity of the GOP tax plan. The strategy, used by the GOP in the GWBush years, of giving a little tax cut to the middle class to sell a big tax cut to the rich, is no working as a PR strategy. Neither is the poor-blaming (Romney's 47%). More people are onto their game now.
     
    #1 Carl Herrera, Dec 22, 2017
  2. TheRealist137

    TheRealist137 Member

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    I think it's more about the fact that trickle down economics NEVER works and this tax plan will just set up another economic downturn, like the Bush tax cuts did and all other ones before it. The Rs signed the country up for failure.
     
    #2 TheRealist137, Dec 22, 2017
  3. DonnyMost

    DonnyMost Member

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    The entire Trump agenda seems to be giving Americans pretty much everything they never asked for.

    It's going to play excellently in 2018-2020.
     
    #3 DonnyMost, Dec 22, 2017
  4. Invisible Fan

    Invisible Fan Member

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    By then, the Dims will be in power and fatten the beast!

    TAX AND SPEND! TAX AND SPEND!
     
    #4 Invisible Fan, Dec 22, 2017
    CometsWin likes this.
  5. Amiga

    Amiga Member

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    Sounds about right.
     
    #5 Amiga, Dec 22, 2017
  6. Carl Herrera

    Carl Herrera Member

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    Depends on which Americans you are talking about, and what they ask for from Trump.

    Those who didn't vote for him won't like what he delivered. Those among his voters who did so hoping for economic populism will be disappointed. Those who voted for him mostly hoping for xenophobia and racism and someone to lash out on TV and Twitter against libruls, Muslims, Mexicans, etc will be plenty happy
     
    #6 Carl Herrera, Dec 22, 2017
  7. DonnyMost

    DonnyMost Member

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    Oh yes, they're plenty happy.

    However, they're not what got Trump elected.

    What got Trump elected was Democratic apathy and disaffected independents.

    Everything Trump has done has reflected poorly with independents and has extremely energized Democratic voters.

    All Republicans have to do to get in power is just hope most people stay home on election day.

    That isn't going to happen in 2018, and definitely not in 2020.
     
    #7 DonnyMost, Dec 22, 2017
  8. Carl Herrera

    Carl Herrera Member

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    Well, Trump's approval rating shows he's lost many of the non-deplorables who voted for him, and there is no Hillary Clinton for Trump to target.
     
    #8 Carl Herrera, Dec 22, 2017
  9. TheresTheDagger

    TheresTheDagger Member

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    Maybe because people have been completely misled by our own media and the left on corporate tax policy?

    https://taxfoundation.org/corporate-income-tax-rates-around-the-world-2017/

     
    #9 TheresTheDagger, Dec 22, 2017
  10. TheRealist137

    TheRealist137 Member

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    #10 TheRealist137, Dec 22, 2017
    Rashmon likes this.
  11. superfob

    superfob Mommy WOW! I'm a Big Kid now.

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    #11 superfob, Dec 22, 2017
  12. TheresTheDagger

    TheresTheDagger Member

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    Effective rate of course. But I'm sure that nowhere else in the world do company's lobby governments for "special breaks" (insert major eye roll here).

    Meanwhile, what I think you're getting at here is "special breaks" for those that are able to lobby congress for provisions that allow them to get out of paying taxes. No argument here. THAT is a problem that both parties partake of to get campaign contributions. It has been a problem that has been in place since we started taxing as policy to raise revenue for the Federal government. And so far, we can't seem to legislate that away as efforts such as Campaign Finance Reform being called unconstitutional by the Supreme Court have shown. I don't know if there will ever be a legislative 'fix' for that.
     
    #12 TheresTheDagger, Dec 22, 2017
  13. superfob

    superfob Mommy WOW! I'm a Big Kid now.

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    So what part of "people have been completely misled by our own media and the left on corporate tax policy" is true?
    If the effective rate is what matters, and the public is quite aware that statutory rate means jack ****, wouldn't the survey hold true that majority of Americans think corporations and the rich don't pay their fair share?
     
    #13 superfob, Dec 22, 2017
  14. TheresTheDagger

    TheresTheDagger Member

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    They've been misled into thinking that their is a legislative way to fix this issue. Their isn't.

    And we can't even vote out the legislators who passed these provisions as most of it was done years if not decades ago. The only thing we can do is continue to pressure our politicians ON BOTH SIDES OF THE AISLE to eliminate these special provisions. But I seriously doubt that ever happens.
     
    #14 TheresTheDagger, Dec 22, 2017
  15. Amiga

    Amiga Member

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    Notice the question is "some", not "all" or even "most".

    I can both agree that corp rate should be lowered, and that the system is being gamed by some, especially those at the top.
     
    #15 Amiga, Dec 22, 2017
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  16. Phillyrocket

    Phillyrocket Member

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    Which is a helluva lot better than the GOP strategy of borrow and spend.
     
    #16 Phillyrocket, Dec 22, 2017
  17. TheresTheDagger

    TheresTheDagger Member

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    100% agree.
     
    #17 TheresTheDagger, Dec 22, 2017
  18. CometsWin

    CometsWin Breaker Breaker One Nine

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    Maybe you're just ignorant of the fact tax rate is irrelevant and that the effective tax rate is what actually matters. Really, is that difficult to comprehend? Why perpetuate the lie? Really, why?

    Do you know that this tax bill actually encourages companies to move overseas? Do you know that corporations were having record profits before their tax rate was lowered? Do you know that it's demand that drives jobs, not corporate rates? Do you know that lower corporate tax rates don't increase demand? Can you explain how eliminating the estate tax is not just a giveaway to millionaires? Can you explain why investment income being taxed at a lower rate than income is good for anything? Do you know that trickle down doesn't work? And on and on.
     
    #18 CometsWin, Dec 22, 2017
    Last edited: Dec 22, 2017
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  19. crash5179

    crash5179 Member

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    I didn’t vote for Trump but I love this tax plan. It binefits pretty much everyone by lowering rates across the board. Dropping the corporate tax rate to 21% is going to return jobs to this country that had been leaving and increase coorperate employees compensation.
     
    #19 crash5179, Dec 23, 2017
  20. crash5179

    crash5179 Member

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    You’re theory is not off to a great start.

    http://www.businessinsider.com/trum...unce-special-bonuses-pay-hikes-2017-12/#att-1

    Companies like Boeing & AT&T are already announcing plans to give back to their workforce, grow their inferstructure and add jobs.
     
    #20 crash5179, Dec 23, 2017
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