More importantly: Call both of your senators, and tell them emphatically to vote NO on this monstrous thing, and encourage every one you know to do the same. They need to know that we're watching how every one of them votes on this, and that we're going to be voting them out if they don't represent those of us who elected them in the first place.
The number for the Senate/Congressional switchboard is (202) 243-3121, they'll connect you to your senators' offices.
Most of the tax laws described in this section are ones that I have not had experience of personally. That probably tells you - among other things, that I do not have a big personal business interest in the Virgin Islands! :)
But your summary of what's contained in this section does make it pretty clear what sort of person does get some huge tax benefits out of these tax law provisions.
It's certainly not [normal] individuals, or people running small businesses.
Something else that I was struck by in this section is the provision in 111004, relating to section 250 of the tax code - in which the deduction for intangible income derived from *overseas* is at 50% vs. 37.5% in the US.
For all of Trump's noise about providing incentives to bring business back *into* the US, this is completely contradictory to that.
I will share it. Goodnight 😴😘 🌙
Don’t despair. We’re not going to let them off the hook :)
Thank you
More importantly: Call both of your senators, and tell them emphatically to vote NO on this monstrous thing, and encourage every one you know to do the same. They need to know that we're watching how every one of them votes on this, and that we're going to be voting them out if they don't represent those of us who elected them in the first place.
The number for the Senate/Congressional switchboard is (202) 243-3121, they'll connect you to your senators' offices.
Fell on deaf ears.
Thank you.
Thank you so much for your time and efforts. 🥰
Thank you for reading!
You are most welcome.
Thanks.
It is and will always be the “Disgusting Abomination”.
Nailed it❤️
Sadly, this is the name Elon gave the bill. It really is the most descriptive.
Thank you.
You are welcome.
Thank you.
Most of the tax laws described in this section are ones that I have not had experience of personally. That probably tells you - among other things, that I do not have a big personal business interest in the Virgin Islands! :)
But your summary of what's contained in this section does make it pretty clear what sort of person does get some huge tax benefits out of these tax law provisions.
It's certainly not [normal] individuals, or people running small businesses.
Something else that I was struck by in this section is the provision in 111004, relating to section 250 of the tax code - in which the deduction for intangible income derived from *overseas* is at 50% vs. 37.5% in the US.
For all of Trump's noise about providing incentives to bring business back *into* the US, this is completely contradictory to that.
Welcome to yet more lies from Trump.
Thank you… looks like a tax evasion wish list was granted for the wealthy.
Most Welcome.
Thank you! 🙏
You are most welcome.
Susan Collins is a waste of human life just like the entire republican congress.
Thank you for posting the pieces of this horrific bill for us ❤️
Thank you.