Lake Martin Topics: Real estate - The Future?
(Lake Martin Specific)
111,142 messages
Updated 4/25/2024 2:43:12 AM
Lakes Online Forum
83,602 messages
Updated 4/25/2024 2:40:42 AM
Lakes Online Forum
5,193 messages
Updated 4/3/2024 3:47:36 AM
(Lake Martin Specific)
4,169 messages
Updated 4/16/2024 3:16:57 AM
Lakes Online Forum
4,169 messages
Updated 4/15/2024 11:05:05 PM
Lakes Online Forum
4,260 messages
Updated 3/24/2024 9:24:45 AM
Lakes Online Forum
2,976 messages
Updated 3/20/2024 11:53:43 PM
(Lake Martin Specific)
169 messages
Updated 5/31/2023 1:39:35 PM
Lakes Online Forum
98 messages
Updated 4/15/2024 1:00:58 AM
|
|
|
|
Name:
|
MartiniMan
-
|
Subject:
|
Real estate - The Future?
|
Date:
|
11/3/2017 3:54:39 PM
|
|
Here is the problem for the House in getting any tax cuts through the Senate. Because they have to use the reconcilation process which is immune to filibuster the tax plan has to be revenue neutral. So because of Dems and RINOs in the Senate they have to giveth and taketh away. Having said that, I suspect this change will not make the final cut which means they will have to make changes elsewhere to make up for that lost revenue. Suffice to say that this is just the opening shot with lots to happen before it becomes law. But anyone that thinks there will be a perfect bill with lots of goodies is folling themselves. It has to be revenue neutral or the Dems/RINO's will kill it in the Senate.
Another missing piece is the repeal of the individual mandate and add-on capital gains tax under Obamacare. That would have easily passed in the House but would have died in the Senate. If somehow the Senate were to pass a reconciled bill with both of those repealed it would pass the House in an instant....but they were wise to leave it out for now.
|
|