Create Account


Board Performance Issues We are aware of performance issues on the board and are working to resolve them! The board may be intermittently unavailable during this time. (May 07) x


The Jungle is self-supported by showing advertisements via Google Adsense.
Please consider disabling your advertisement-blocking plugin on the Jungle to help support the site and let us grow!
We also show significantly less advertisements to registered users, so create your account to benefit from this!
Questions or concerns about this ad? Take a screenshot and comment in the thread. We do value your feedback.
This is why we need tax reform NOW!!!!!!

#44
(This post was last modified: 10-02-2017, 02:52 PM by HURRICANE!!!.)

(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.
Reply


Messages In This Thread
RE: This is why we need tax reform NOW!!!!!! - by HURRICANE!!! - 10-02-2017, 02:51 PM



Users browsing this thread:
3 Guest(s)

The Jungle is self-supported by showing advertisements via Google Adsense.
Please consider disabling your advertisement-blocking plugin on the Jungle to help support the site and let us grow!
We also show less advertisements to registered users, so create your account to benefit from this!
Questions or concerns about this ad? Take a screenshot and comment in the thread. We do value your feedback.


ABOUT US
The Jungle Forums is the Jaguars' biggest fan message board. Talking about the Jags since 2006, the Jungle was the team-endorsed home of all things Jaguars.

Since 2017, the Jungle is now independent of the team but still run by the same crew. We are here to support and discuss all things Jaguars and all things Duval!