Trump Pre-Fails His Tax Plan

[NRaleighLiberal]

Source: TPM and AP

By JOSH MARSHALL Published APRIL 9, 2017, 8:34 PM EDT

According to the AP, President Trump is ditching his tax plan and starting the search for a tax plan he can pass.

Read more: http://talkingpointsmemo.com/edblog/trump-pre-fails-his-tax-plan

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Link in above article - http://talkingpointsmemo.com/news/trump-goes-back-to-drawing-board-tax-plan

I wish he would pre-fail his whole "presidency"

[dalton99a]

1. Eliminating the payroll tax will kill Social Security

[groundloop]

2. I imagine he ran his businesses the same way.... (hence 6 bankruptcies)

He just keeps jumping around from one hair brained scheme to the next, with a few cruise-missiles thrown in as a distraction.

WORST PRECEDENT EVER!!!

[Beartracks]

3. Put that way, sounds like someone just doing get-rich-quick schemes.

Coincidence? I think not.

============================

[George II]

4. If he's looking for a tax plan that works, he should give Hillary Clinton a call.

[OrwellwasRight]

5. pre-fail his whole "presidency"

[PoliticAverse]

6. First congressmember that says "pays for itself" loses. n/t

[iluvtennis]

7. LMBO...what an ass Dumpty is. nt

[JHan]

8. So much winning!!

[tclambert]

13. He got tired of winning a long time ago.

Back in his teens, I think.

[Solly Mack]

9. Trump has been a pre-fail since conception.

Which was more an act of an oopsie than anything.

[Tanuki]

10. Just like healthcare....he doesn't care what's in the bill;

he just wants a ceremony.

[Beartracks]

11. Pre-fails? What a time-saver! n/t

[janterry]

12. Good

keep on winning, Trump!

[turbinetree]

14. This is not some take home pay income, you have to pay a tax on this "earned income" at the end of

the year on your Federal and State taxes this is just BS, it's not going into your retirement fund, they want to strangle your "social security " fund. The same ass**** that don't pay into social security after they now make $122,500.01, this is just plain BS


"This approach would give a worker earning $60,000 a year an additional $3,720 in take-home pay, a possible win that lawmakers could highlight back in their districts even though it would involve changing the funding mechanism for Social Security, according to the lobbyist, who asked for anonymity to discuss the proposal without disrupting early negotiations."





Whatever your salary is after you make over $24,000.00 your tax bracket is 25% and if you make over $50,000.00 your tax bracket goes from 28% to 33% that you have to pay in "ALL taxes, (state and federal), and if you live in some states that have a state tax of 6% for example.

As for your Social Security that you will get when you retire if and when if they haven't turned it into vouchers, which this is BS if all where to read between the lines.

Your Social Security is NOT taxed on that retirement income from the state when you collect social security, you are taxed on the income for 15% from the federal government again it's earned income, that is a federal law, you are already saving depending on your tax bracket over 15 to 20% in taxes.
Your company supplied pension is taxed at both the state and federal rate, even the worthless 401k's that are running around now, so the wall street's jerk's get your money and play around with it on the hedge fund, that are funding the fat cat right wing fascists to stay in power, and they in turn get to off shore your money and they get a tax break screwing you and everybody else, and then to to top it all off they want to get 25% tax break on earnings.

So this "idea" that is coming from this illegitimate corrupt sexual; predator white house, is being worked behind the scene with that Ayn Rand puke ass**** Eddie Munster Paul Ryan and the Ways and Means Kevin Brady to screw you.

This is nothing more than a f***Ing shell game to go back to the 1920's prior to the enactment of the Social Security Plan