(10-02-2017, 02:01 PM)flsprtsgod Wrote:

(10-02-2017, 10:45 AM)HURRICANE!!! Wrote: This needs to occur ---- there's no way that a person making $750k or more per year should be getting a tax cut.

"Also, the drop in the top rate to 35% from 39.6% may not stick. The framework gives tax legislators the "flexibility" to add a fourth rate above 35% to ensure reform keeps the tax code at least as progressive as the current system."

Yes, yes they should.

Disagree.  What you don't see is the fact that someone making $1m+ per year is making a killing on stock options, bonuses, and most likely is itemizing their deductions to the extent they are paying less of a tax rate than the average Joe making $100k per year.  There are a lot of tax shelters in place (e.g. home office, ways to report losses from investments, etc.) that the multi-millionaires are already taking advantage of without having to lower their starting rate.

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