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Subject: "The new tax bill ELIMINATES casualty deduction from wildfires" Previous topic | Next topic
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GrannycSat Dec-09-17 07:04 PM
Member since Apr 27th 2002
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"The new tax bill ELIMINATES casualty deduction from wildfires"
Edited on Sat Dec-09-17 07:04 PM by Grannyc

          

CLAIM

The Tax Cuts and Jobs Act of 2017 calls for eliminating or severely curtailing the personal casualty deduction for losses from wildfires and other natural disasters.

RATING

TRUE

< https://www.snopes.com/tax-bill-deduction-losses-wildfires/ <

  

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RE: The new tax bill ELIMINATES casualty deduction from wildfires, Grayfox2, Dec-09-17 07:29 PM, #1
All those cuts will mean-we only have to borrow 1.5 Trillion, Grannyc, Dec-10-17 01:01 PM, #2
RE: The new tax bill ELIMINATES casualty deduction from wildfires, freemars2258, Dec-11-17 05:07 AM, #3
      Stokely Carmichael and LBJ after the MLK assassination. , DavidLind, Dec-12-17 06:51 PM, #5
           LOL n t , Grannyc, Dec-13-17 08:11 PM, #6
We already knew the bill was insane., MadSatyrist, Dec-12-17 04:40 AM, #4

Grayfox2Sat Dec-09-17 07:29 PM
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"RE: The new tax bill ELIMINATES casualty deduction from wildfires"
In response to Reply #0


          

Apparently only a handful of people put this monstrosity together and looks like the first order of business was to cut taxes for the most wealthy and when it was pointed out what a deficit it would accrue they started to eliminate all sorts breaks for ordinary people and it still will break the bank so to speak.

  

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GrannycSun Dec-10-17 01:01 PM
Member since Apr 27th 2002
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"All those cuts will mean-we only have to borrow 1.5 Trillion"
In response to Reply #1


          

Amazing!

  

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freemars2258Mon Dec-11-17 05:07 AM
Member since Oct 08th 2002
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"RE: The new tax bill ELIMINATES casualty deduction from wildfires"
In response to Reply #1


          

I don't know if I would even call them people.
Seems like it was just a handful of lobbyists.

I don't remember who said it,
If you could throw every lobbyist out of Washington, it would still take 20 years to clean up the mess they made.

  

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DavidLindTue Dec-12-17 06:51 PM
Member since May 15th 2002
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"Stokely Carmichael and LBJ after the MLK assassination. "
In response to Reply #3


          

LBJ was laying in bed depressed as hell after the MLK assassination. The two weeks after his murder, this nation was tearing apart at the seams. There were fires started by rioting in over 100 cities. America had not been in such a conflicted situation since the American Civil War.

As LBJ flicked from one news channel to another news channel, it was all depressing. He came upon an interview with Stokely Carmichael, whereupon the young black activist threatened to go uptown to K Street(where all of the high dollar lobbyists reside) and start burning down buildings over there.

LBJ perked up and said, "Goddamn!! I'd kinda like to see that! ".

Gallows humor from 1968.

  

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GrannycWed Dec-13-17 08:11 PM
Member since Apr 27th 2002
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"LOL n t "
In response to Reply #5


          

LOL

  

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MadSatyristTue Dec-12-17 04:40 AM
Member since May 14th 2002
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"We already knew the bill was insane."
In response to Reply #0


          


If it passes, every Democrat will be running on repeal of the bill.

************************************************************

Delusions, errors and lies are like huge, gaudy vessels, the rafters of which are rotten and worm-eaten, and those who embark in them are fated to be shipwrecked. Buddha

  

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