Republicans rally for a ‘comeback,’ push $1.4 trillion tax cut through House

by
November 17, 2017

Congress_Taxes_37271.jpg-c0df9_c0-0-4594-2678_s885x516With spines stiffened by a presidential pep talk, House Republicans easily approved a $1.4 trillion tax cut Thursday, taking the first big step toward a decades-overdue overhaul that Republicans hope will send the economy soaring and win back wavering voters.

Desperate for a legislative win, Republicans brushed aside Democrats’ warnings that the bill will be seen as a sop to the wealthy instead of the boost to the middle class that President Trump promised.

“America needs a comeback,” said House Majority Leader Kevin McCarthy, California Republican. “This is your comeback.”

The 227-205 vote marks the first major step, but Republicans still have a number of hills to climb. The Senate plans to pass its own version after Thanksgiving, and then the measures need to be squared with each other.

4 Comments - what are your thoughts?

  • chw2000 says:

    You are truly one of the dumbest posters here. You cry about the top 1% and yet they pay 39% of all federal taxes! The top 10% pay over 70% of all federal taxes and there are 45.5% of households that pay NOTHING! I suspect you’re one of those 45.5% because you’re to dumb to even have an income. You’re a typical liberal left wing democrat ass hole! Try learning some FACTS instead of the liberal “talking points”! You’re a complete ass hole!

    1. bobnstuff says:

      So you like the fact that most of the tax cuts go to the very rich? Trump’s family will save a billion dollars and the guess Trump will save $22 million per year even though he said he would be paying more taxes. I guess when you don’t understand taxes you will except anything your people feed you. If you are lucky the very rich might let you go through the trash looking for crumbs.

    2. Pete says:

      The stuff part signifies ears stuffed in a body orifice. Muck migration to brain (very short distance) provides for a crappy thought process.

  • bobnstuff says:

    We need real tax reform and there is some good things in this bill but there is a lot of give a way to the top 1% and not enough for the middle class. There is a little help for small business but not even close to the give a way for big corporations. The real problem is the fact that they are once again planing to spend more then they take in and the only way not to do this is to cut back on Social Security and Medicare. Does anyone believe we are giving people more money then they need on social security or giving to much healthcare on medicare? The republicans are rushing this bill through so the voters will have time to forget about it when elections come around. Do you think that they should rush one of the major bills through, it’s four hundred pages long and only been one the floor for two weeks. This bill needs to even the playing field for everyone, make the tax code simpler but not bust the bank. This present bill doesn’t do any of that. Does anyone remember what we were promised this bill would be?

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