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If the standard deduction is decreased (as the article

Posted on: June 30, 2020 at 12:36:05 CT

ummmm MU

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intimates), then individual taxes will go up for many people.

And this is setting aside the fact that it is people that ultimately pay corporate taxes too.

Edited by ummmm at 12:36:48 on 06/30/20

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Shutdowns, recession, unemployment. Biden's answer? - hefeweizen MU

- 6/30 12:06:07

Wonder what Trump will propose - meatiger MU - 6/30 12:37:11

You'll know in his next tweet... - Logan BAMA - 6/30 12:49:32

RE: You'll know in his next tweet... - meatiger MU - 6/30 12:53:48

I read recently that deficit spending in the last 90 days - ummmm MU - 6/30 12:49:04

The drunkest of drunken sailors - meatiger MU - 6/30 12:53:20

It's indefensible for anyone who wants to claim to be for - ummmm MU - 6/30 12:54:41

RE: It's indefensible for anyone who wants to claim to be for - meatiger MU - 6/30 12:56:26

I don't think they make that claim any longer - ashtray UF - 6/30 12:56:06

did you read it? - MrBlueSky MU - 6/30 12:21:03

corporate taxes are taxes? (nm) - 90Tiger STL - 6/30 12:31:38

Do you think raising corporate tax rates is not going - Spanky KU - 6/30 12:25:12

MBS knows tariffs on foreign goods raises consumer prices - 90Tiger STL - 6/30 12:32:26

like printing trillions of dollars and causing inflation? (nm) - ashtray UF - 6/30 12:27:10

So that doesn't count as raising taxes? (nm) - Sal MU

- 6/30 12:24:58

it does (nm) - MrBlueSky MU - 6/30 12:26:42

No, because only billionaires are subject to the corporate - ummmm MU - 6/30 12:26:20

Did you read it? - ummmm MU - 6/30 12:22:47

I think it will be reversed regardless - DC Jayhawk KU - 6/30 13:43:48

Yes, he did talk about that - MrBlueSky MU - 6/30 12:23:45

The standard deduction is itself capped. The question is - ummmm MU - 6/30 12:25:31

Is that right? - MrBlueSky MU - 6/30 12:26:17

“Lol”? - MIZ45 MU - 6/30 12:35:15

Lol - Panthera MU - 6/30 12:34:14

Yes.. so raising taxes. (nm) - TigerMatt STL - 6/30 12:33:08

I know - MrBlueSky MU - 6/30 12:35:03

of course it will impact the individual (nm) - Sal MU

- 6/30 12:37:20

lol what happens if the standard deduction goes down?(nm) - Ragnar Danneskjold MU

- 6/30 12:37:07

If the standard deduction is decreased (as the article - ummmm MU - 6/30 12:36:05

That is right. What's so funny? (nm) - ummmm MU - 6/30 12:27:10

DLB's plans for a 2nd term: - TigerJackSwartz MU

- 6/30 12:12:01

A lot of people don't know that experience is a very - FIJItiger MU

- 6/30 12:25:36

Except when its a Democrat running - BigDave MU - 6/30 13:32:17

Just think only 4.5 more years(nm) - DollarSigns MU - 6/30 12:18:11

Maybe you'll have six miles of new areas with border wall - TigerJackSwartz MU

- 6/30 12:21:18

That will be great(nm) - DollarSigns MU - 6/30 13:20:12

I'll take rambling over higher taxes. Wouldn't you? (nm) - ummmm MU - 6/30 12:13:52

It isn't a binary choice (nm) - TigerJackSwartz MU

- 6/30 12:14:53

lol @ you (nm) - 90Tiger STL - 6/30 12:33:18

My statement is indeed a binary choice. - ummmm MU - 6/30 12:16:01

Well then of course, if the only consideration and choice - TigerJackSwartz MU

- 6/30 12:19:51

You're the one that inserted Trump's rambling statement - ummmm MU - 6/30 12:21:26

correct - TigerJackSwartz MU

- 6/30 12:22:44

Then you shouldn't be surprised by my posts - ummmm MU - 6/30 12:23:32

I didn't say a massacre, fyi (nm) - TigerJackSwartz MU

- 6/30 12:34:49

You're likely to get both with basement boy(nm) - Ragnar Danneskjold MU

- 6/30 12:15:45

He's thinking out loud again.(nm) - glue MU - 6/30 12:13:13