So much for significant tax relief to the majority of American tax payers by the GOP.

https://finance.yahoo.com/news...-hike-134052392.html

Trump told lawmakers in a meeting on Tuesday not to let the SALT deduction or differences over social safety-net cuts impede the measure. But afterward members of warring factions told reporters they were still dug in in opposing the bill unless their changes are made.

Trump urged Republicans from New York and other high-tax states to wait to try to raise the SALT limit further until after Congress is done with the tax legislation, the official said, a proposal that is likely to draw backlash from SALT lawmakers who see the president’s “one big, beautiful bill” as their sole shot to address a political priority that dates to 2017.

Another source is reporting President Trump told NY GOP Congressman, “Just drop it.”

What happened to not racing overtime and tips?

Oh, President Trump ran on increasing the SALT exemption significantly.

The Dems in the Senate just passed a bill exempting tips as income for tax purposes.

quote:

Originally posted by LHeym500:
The Dems in the Senate just passed a bill exempting tips as income for tax purposes.

Yes, the dems did vote, in a rare near unanimous Senate vote to do so, and the bill is sent to the house. Which has structural issues of genesis

Yep, unanimous vote; no filibuster; and the bill was introduced in January by Sen. Ted Cruz, R-Texas; and a bipartisan group of co-sponsors including Nevada's two Democratic senators, Jacky Rosen and Catherine Cortez Masto.


Give the devil his do. I’ll give it to Sen. Cruz too. Now, watch the House GOP not vote on it. Worse, watch it get voted down.

Great, call all of our income over minimum wage “tip income”…

Income is income. The rates are supposed to take your relative amount into consideration.

The multi-national corporations and investment class folks you advocate for get plenty of exemptions.

I’m all for this. Instead of trying to balance the budget in poor people. Let us do what President Trump said during his debate w HRC, and fix the tax code so his class pays a more then single digit percentage.

No, what the GOP will do led by the House is give those more tax insulation while exploding the deficit, and shifting more burden to everyone else.

So you don’t see this as being yet another way folks will get around paying?

If this goes through, fine, so be it.

My tipping will go down substantially.

I see it as average, Lowe income fold receiving tax relief that better served then more tax breaks to the economic class who is insulated from engaging in supporting our collective state.

It is not lower wage folks getting too much stuff that is causing our economic concerns.

It is the same problem that caused the French Revolution. Certain class of citizens being insulated from tax while the rest struggle to meet tax burden and daily necessities.

Both things President Trump has made worse with his economic policies.

My tipping will go up.