Trump's tax bill permanently reduces corporate taxes

>Trump's tax bill permanently reduces corporate taxes
>individual taxes will be temporarily cut and go back up after 2025

Why is the government allowed to do this? Why is nobody talking about this?

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Fake news.

this leaf is so mad

>permanently
Until the dems take back power and reverse it.

Article I of the Constitution
>Being this new

Explain. Are corporate taxes and individual taxes treated differently under the constitution?

2025 is an eternity from now.

Trump is a neocuck, so are his supporters

Fake news
That’s due to ((((budget reconciliation)))
Placed by democraps

They are trying to sell it otherwise and it’s gonna blow up in there face with one tweet like always


It can be extended or just simply repealed

A

WUT I DOUT DIS IS WAZ4 MEEE

no more individual mandate
woo woo

1980s “””reform”””” on social security didn’t go into effect until 2000

WOOOO HIGHER PREMIUMS

>go back up after 2025

Geez, let the president after Trump worry about this.

>implying the dems will have the guts to raise taxes on everyone else

Well it's simple no one thinks I have they always think more positively and optimistically these here tax cuts for the individual but ultimately they don't think that it's temporary in any sense of the the word.

Even if this is bullshit your post that is it don't really matter cuz eventually the taxes will just go back up the same problem still persists even if this post is technically fake news

it will change again, just enjoy the extra cash now retards.

It basically sets a political trap for the future and allows for campaigning on extending the cuts.

Obviously you don't know that tax exists the fact that taxation exists in our country alone is enough to discredit your reply.

We could have bigger and permanent individual income tax cuts to the working and middle class if the tax plan had slapped a 90% tax on remittances. Prove me wrong shitskinhuggers.
Protip: you can't.

been reading about this for days. Haven't seen anyone answer this question. Lack of critical thinking makes people's mind shut down when they see their taxes are going down.

>canadian
>whining about trump

This place is trash.

you forgot a few words in your sentence(s).

BECAUSE BY 8 YEARS, WAGES WILL HAVE INCREASED ENOUGH DUE TO LESS BURDEN ON BUSINESS'.

It's not a tough thing to work out if you know some shit about economics, Trump is just trying to make sure the state can get the optimal tax rate in future. But OP is a butthurt faggot, so whatever

The sad thing is some people actually unironically think like this

Why the fuck are you spamming the board with this shit? why are you so angry that americans get to keep more money in their pocket after taxes? I know you are the obama leaf that has a mental illness but mods need to do something about you.

In 2025 bitcoin will be worth $2,000,000 each, so who cares. Just buy some crypto and you'll be fine.

because Sup Forums is retarded. is this news?

I am a fellow leaf and admit I am jelly. Meanwhile our Prime Cuck is giving extraordinary amounts of money away to single individuals for no fucking reason other than to virtue signal. I wish we had a Trump in Canada.

Nobody is talking about it because the senate has rules that prevent individual tax rates from being permanently put in place. The Byrd rules, proposed by Democratic Senator Robert Byrd. The reason nobody wants anyone to talk about the fact that Bernie Sanders used it to stall the vote and push it back to house using his rules.

Pic related is Robert Byrd. Imagine the stroke a Democrat would get upon google searching him.

Corporations should pay 0 taxes

It's probably so that in 10 years, they'll have a must-pass bill that they can tack a bunch of riders on since it'd be difficult to justify not voting for it at that point.

Because, they want to win re-election. Liberals buy votes with Dem programs and welfare while Republicans do it with tax cuts. All Democrats voted against the tax law and Republicans can site it when it is about to expire and voters look at a bigger tax bill coming at them.

So you can poach other countries corporations- forever. Sony sold it's original office where they made Walkman, they need a new base and that's only Sony.

Well, not for him.

this
faggot OP, of course they will get extended, the point is to make the Dems vote against them AGAIN and look like idiots. 2 birds with 1 stone.

Because corporations pay a majority of taxes.

>wanting to pay taxes twice so jews get a large pool of money to dip their nose in
start your own corporation and put your money in it faggot

They did it to slip the bill through reconciliation. If it increases the deficit by more than 1.5 trillion, then it cannot pass by a simple majority. I forget the rule that denotes this. They're allowed to do it because they have propaganda networks such as Fox News, Breitbart, etc to tell the right wing rubes what the Republicans want them to hear. As a result, the networks either ignore or call it "fake news" to cover the fact that this bill is a bunch of nigger shit.

>>individual taxes will be temporarily cut and go back up after 2025
so if a dem becomes pres?
gotcha

>puts it in the dems hands to cause even more taxational butthurt next term

checked, when people get a taste of lesser taxes it will be addictive to the point where they vote only for people who offer it
same for getting rid of illegals
once people realize just how truly "racist" they were by wanting their country to feel like home they will vote in favor of immigration control

Lower taxes are nice but the oncoming withdrawal symptoms with the threat of it going up can be killer.

>tax cuts


What is this?

>>individual taxes will be temporarily cut and go back up after 2025
because even in 2025, the democrats won't campaign to increase taxes retard, unless they are suicidal, so it'll be extended anyway.

It's amusing to see Americans in this thread shilling for a giant dildo up their asses.

I for one love the new tax bill. MAGA!

>democrats will be forced to approve it again or look like fucking assholes as taxes go back up and jobs siphon back over seas

LUL

60 votes in the Senate are needed for permanent cuts for individuals.

Below 60 votes in the Senate means tax cuts can only be temporary for individuals.

Hahahah holy crap am I literally seeing the actual law passed by congress being called "Fake news"

I don't like why the individual are not permanent but it will be electoral suicide to not make them permanent.

Coincidentally, 2024 will be an election year. So Pence can promise he will update the individual tax relief.

That's not how it works.

The tax cuts for individuals are temporary as part of the process to make it deficit neutral over ten years. Republicans could have made it the reverse, permanent individual tax cuts permanent, corporate tax cuts temporary, but the entire point of this bill is to give corporations a tax cut.

You seem to have forgotten that dems are not afraid of looking like assholes/idiots. The black and hispanic vote is in the bank. All the dems have to do is increase the "earned income" tax credit and decrease the tax credits for people who actually earn income and tell people that the other guys want to take away X and Y. That secures the white liberal vote.

Its really amazing how democrats have managed to bring blacks and hispanics, and especially mexicans under one roof. They use univision and pan hispanicism to brand everyone as (((latino))) so meximutts are grouped with dominicaniggers, even though mexicans, given power, would be way worse slave drivers than whites could ever be.

>> 7 years

Im so happy about Corp tax rate cuts.

they'll make the individual ones permanent

so they can reinvest in their companies, make more jobs, bring capital and factories back to the U.S. - how convenient you left that off the end of your statement shill

cause corporate taxes are double taxed moron, they tax the corp on their income, then tax you on your dividend income... they tax the same money twice

>corporations are bad
a fucking leaf
every time

>>individual taxes will be temporarily cut and go back up after 2025
fun fact.. if the bill got 60 votes the temp cut could have been written out. Dems are why its temporary.

They can do that or they can do a thousand other things with the extra money they pocket. If you wanted to ensure they bring back jobs tariffs would have been the best way to do that and that's what Trump ran on during the campaign. It would also help reduce the deficit rather than increase it.

>Going back up in 2025
He is really planning a second term and he is going to leave the dems (they are probably going to win after his second term) with the taxes going back up, this is some 27D forward interdimensional chess back gammon

Stick and carrot senpai.

Nigga what?
Bit coin fluxes up and down constantly its not a continuous upward motion.
The only time you should have jumped on bit coin was at the beginning.
If you missed that there is no point in jumping on. Won't be making any substantial gains to make it worth the trouble.

As far as I can tell the truth is that this won't make a huge difference, but it's at least a step in the right direction. It occurs to me that anyone who is against the tax cuts on the grounds that it will increase the deficit/debt likely thought that Obama's stimulus was a great idea. The stimulus was 831 billion dollars of debt spending, and Trump's tax plan could possibly create a 1 trillion dollar deficit as a result of loss of tax dollars. At the point that we're dealing with numbers that large, and this is in relation to a 20 trillion dollar debt, I have a hard time giving too much of a fuck over 170 billion as a difference. Taking into consideration the fact that none of the debt spending under Obama worked, and that a reduction in taxes is actually just the state saying you can keep some money that you earned I'm inclined to say that tax reduction is a better move.

As far as the rage over muh corporations, hasn't the complaint for years now been that they don't pay enough because there's too many loopholes and exemptions that allow them to skirt the 39%, almost entirely in some cases? If the rate is lowered to 22% (which is comparable to the Scandinavian "Socialist" countries millennial leftists like so much) and the code is simplified to reduce the amount of exemptions then isn't that a better alternative? It also directly incentivizes corporations to operate in the confines of the U.S. and reduces the chances of capital flight from large businesses.

The carrot is access to the largest consumer market in the world and that's plenty of carrot. This plan is just a re-hash of the failed globalist policies that lead to the destruction of the middle class but considering who his economic advisors are it's hardly surprising. People voted for Trump because he claimed to be competent in the understanding of economics and have new or different ideas.