Pelosi rails against 'scam' GOP tax reform plans

[DonViejo]

Source: The Hill




BY JOSH DELK - 11/09/17 07:03 PM EST

House Minority Leader Nancy Pelosi (D-Calif.) called Republicans' tax reform plan a "scam" on Thursday, hours after the Senate released its version of the bill that would eliminate key deductions for homeowners.

“At every stage, the GOP tax scam grows more generous for multi-national corporations and more destructive toward American workers and middle class families. The Senate bill confirms it," said Pelosi in a statement, jabbing at Republicans for the plan's corporate tax deductions.

The Senate legislation has the same basic framework as the House bill: It cuts the corporate tax rate to 20 percent, establishes a lower tax rate for pass-through businesses and cuts individual rates. But in a big shift with the House bill, it would delay the corporate tax cut for one year, to 2019.

Pelosi also jeered at Republicans for trying to vote on the bill, which would "totally destroy" an entire tax deduction that she said would harm their own voter base.

Read more: http://thehill.com/blogs/blog-briefing-room/359721-pelosi-house-and-senate-tax-reform-plans-are-a-scam

[jimmil]

1. Big business rarely pays taxes...

They collect them however...

[kyburbonkid]

2. Let the tax package die. It's a better alternative than to pass this turd.

The HB is a horrid piece of crap. The SB is a disaster. I like the status quo over the $1.5Trillion additional debt.

[still_one]

3. The reason they are delaying the corporate 20% tax cut until after 2019 is because it would increase

the deficit big time, and they hope to con the voters until after the 2018 election

It may not happen, but if anyone deserves to be thrown out of Congress it is these republican vermin

[BigmanPigman]

4. How long is the GOP going to try to re-sell Trickle Down Economics?

I guess they think that the people who realized that Reagan was full of shit with his grand plan are beginning to get older and have dementia.

[hibbing]

5. I hate the phrase "tax reform"

Just like the corporate media called it "health care reform".


Peace

[Astraea]

6. Does this bill also eliminate the estate tax?

Or increase the max before it can be taxed?

[wishstar]

7. It does not eliminate the estate tax but doubles the max before taxation

[Astraea]

8. that still chaps my ass

but I'm ready to smack someone if that gets repealed.

[Bengus81]

9. Delay the Corporate cuts till 2019---Bawhahahhaaaaaa!!!

They know this next version of the Gov Brownback tinkle down disaster has to be delayed until after the election. Then?? Who cares,by the time the smoke clears and the GULLIBLE wake up all those rich fuckers will be setting on a beach earning 20%.

[Maxheader]

10. Unfortunately,

trickle down seems to be an easy policy to legislate, in some states.
Especially when those states republicans rule the capital. In kansaas,
the great experiment that brownback tried damn near bankrupt the
state.