The GOP tax bill would collapse the current seven individual tax brackets into four: 12%, 25%, 35% and 39.6%. http://on.wsj.com/2zrtOQ6 pic.twitter.com/1jRiOhQwTx
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Many upper-income households could face a higher marginal tax rate under the bill, which pushes some from a 33% bracket into 35%.
You can follow our live coverage of the GOP tax bill here:http://on.wsj.com/2zr5D4n
Conveniently ignoring the top tax rate bracket. I used to read WSJ all the time, but your editorial board is forcing me to stop.
Without deductions, people end up paying more. OMG, GOP literally thinks we’re stupid.
And what about deductions?
Where's the offset? You can't reduce income and still expect to pay your bills. Let alone increase spending (military, infrastructure, etc)
Bullshit. Utter bullshit! Just lies.
The average savings include multi-millionaires. Meaning typical middle-class families will see nothing. GOP giving to the rich once again.
Not after they pay for the fake wars, and make up for the loss of social services, cuts in Medicare, Medicaid, education, etc. Still higher.
Medicaid has over 100 billion in annual fraud. It needs major reform.
Then reform it. Quit trying to kill it. Too many lives depend on it. Some of us see human life as worth more than dollar signs.
It doesn't touch the current insane spending. It makes small reductions to planned increases.
Like I said, reform it, quit trying to kill it. We know the game. What do you think will happen when the GOP agenda explodes the deficit?pic.twitter.com/W0WODgyv6t
Reducing future spending increases isn't "killing" anything. Why bother reforming when democrats equate spending with success?
You ignore the real effect of arbitrarily "reducing spending". How many sick and dead from lost access are worth your 0-growth ledger?
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