We told you so: Entitlement "reform" next on the GOP agenda

I can't wait until they start killing grandma!

 

Just like there were when Clinton signed off on Welfare reform in the late 90's. Women and children were starving in the street - NOT.

 

Not even. It is fully funded until 2034...when most of the baby Boomer will be gone.

And at that point it will be able to meet 75%of existing obligations with no changes at all. Raising the payroll cap would make it 100% solvent pretty much forever.

I've been hearing this same crap for decades and it's conservative bullshit

 

I believe you

 

The bottom falling out is never better than steady mediocre growth.

 

The standard deductions are doubled. Amazing how the left forgets to include that in their "analysis".

And yes - some (~ 7%) of the top 15% would pay more due to the extremely high state and local and property taxes in the states in which they live.

 

That's a case for not reforming SS ?? You are kidding me. But why are you satisfied with the current system in which 3 workers support every retiree when private account could deliver ~ 5% return, provide life insurance, and be transferrable to beneficiaries ?? It's clear where the BS comes from - worship of the state.

 

And why did the bottom fall out in 2008 ?? Government policies and regulations. That had nothing to do with supply side economic policies which provide ~ 4% real gdp growth.

 

Too late - Paul Ryan pushed her off a cliff. That's an illustration of the sophisticated illiberal progressive thought process.

 

I do not need to do homework. It is up to the seller to show how their product is good.
If the R plan is so good, they would explain it and show us how good it will be.
Put the numbers out there for several different scenarios.

 

I might be.
I put the question out yesterday morning. And had no replies. Until yours.

 

To some extent.
And to some, relaxing of Depression era policies and regulations that were implemented to avoid another great depression.
Odd, how less than a decade after the relaxing of those policies, we had the bottom fall out.

 

LACK of government regulations. Even Greenspan admitted that

 

And the personal exemptions, going away.
Amazing how you didn't include that. But why would you. And yes, the personal exemption, for most, is less than the doubling of the standard deduction.

Yes, this tax plan is out to punish blue states and secondary education. That is well known.
Yet not usually included in discussions.
Students will be taxed on stipends and other school funding.

 

They're less than doubled (as the rate is increased). For most people in the 40-60K range it will mean very little change and certainly not much if any tax cut.

For those who own a home and itemize it will be a tax increase if you have any appreciable state/local taxes or medical bills.

Turns out this "simplification"is more complicated than the old system

 

We don't live in a world onto ourselves. World events dictate many of the fall and rise of markets and economic good times and low points. Right now we are in an exuberant market cycle because the outlook is for greater prosperity and the consumer is showing strong confidence in their own situations. This could end tomorrow if a catastrophic event were to happen, not unlike 9/11. Mediocre growth does not allow for financial offsets of inflation, reduction of debt or accumulation of a nest egg for hard times.

 

You can’t it - I rest my case.

 

If it's not welfare then what is it?

 

And what policies and regulations are those ?? Please don’t embarrass yourself by claiming that Glass-Steagall had anything to do with it.

 

That’s ridiculous - what are those regulations ??

 

High tax rate states and high tuition colleges. Why are they so high ??

 

The simplification is in the corporate tax system. And everyone will benefit from the economic growth.

 

Glass-Steagall. How's that?
Don't worry though.

 

So you have nothing.

 

Who said anything about high tax states or high tuitions?