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originally posted by: BubbaJoe
originally posted by: Teikiatsu
I'm voting for Trump because I believe he will downsize government, reduce overall spending, and reduce regulations.
I have no illusions about Trump's constitutional knowledge. It ain't much.
I like his list of judicial nominees.
After that, I like that the cocktail Republican establishment hates him.
What regulations do you want removed, or agencies?
You want us to go back to the 1900's with no environmental regs, no health regs?
Seriously what do you consider less regulation?
Slavery back would probably suit you best, but that, even the Donald, can't do.
originally posted by: ValentineWiggin
a reply to: Annee
Yes, she also mentions childcare. However, I think Donald Trump's plan is laid out more concretely.
-Hillary
She said that as President she would look for responsible ways to do even more than the great start we’ve seen from the Obama administration – whether it’s providing tax cuts to new parents or grants to states targeted for infants and toddlers.
Trump
Americans will be able to take an above-the-line deduction for children under age 13 that will be capped at state average for age of child, and for eldercare for a dependent. The exclusion will not be available to taxpayers with total income over $500,000 Married-Joint /$250,000 Single, and because of the cap on the size of the benefit, working and middle class families will see the largest percentage reduction in their taxable income. The childcare exclusion would be provided to families who use stay-at-home parents or grandparents as well as those who use paid caregivers, and would be limited to 4 children per taxpayer. The eldercare exclusion would be capped at $5,000 per year. The cap would increase each year at the rate of inflation.
The Trump Plan would offer spending rebates for childcare expenses to certain low-income taxpayers through the Earned Income Tax Credit (EITC). The rebate would be equal to 7.65 percent of remaining eligible childcare expenses, subject to a cap of half of the payroll taxes paid by the taxpayer (based on the lower-earning parent in a two-earner household). This rebate would be available to married joint filers earning $62,400 ($31,200 for single taxpayers) or less. Limitations on costs eligible for exclusion and the number of beneficiaries would be the same as for the basic exclusion. The ceiling would increase with inflation each year.
All taxpayers would be able to establish Dependent Care Savings Accounts (DCSAs) for the benefit of specific individuals, including unborn children. Total annual contributions to a DCSA are limited to $2,000 per year from all sources, which include the account owner (parent in the case of a minor or the person establishing elder care account), immediate family members of the account owner, and the employer of the account owner. When established for children, the funds remaining in the account when the child reaches 18 can be used for education expenses, but additional contributions could not be made.
To encourage lower-income families to establish DCSAs for their children, the government will provide a 50 percent match on parental contributions of up to $1,000 per year for these households. When parents fill out their taxes they can check a box to directly deposit any portion of their EITC into their Dependent Care Savings Account. All deposits and earnings thereon will be free from taxation, and unused balances can rollover from year to year.
Hillarys paragraph was the most specific detail I could find. Most everything else I could see was non specific to her actual plan. Please share if I have overlooked something.
( posting from my phone so this might not be the most well formatted reply )
( I added the paragraph spacing to the quote from trumps website because my phone jumbled it all together)
originally posted by: hutch622
a reply to: MrSensible
When i saw the thread title i thought the challenge would be something like recite the alphabet or count to ten . After all they are a bunch of deplorables .
Before we get started, let me just say that I'm voting for Superman in this election.
originally posted by: BubbaJoe
originally posted by: JinMI
a reply to: BubbaJoe
Exactly my point. You, me and I would assume most of ATS spends a very large chunk of their income for mostly sustaining reasons, if not all. Leaves very little room to have money for a retirement plan or investments. But oh hey, as long as were buying overpriced junk, corporations are happy. Banks are happy.
I am not happy.
I am not happy either, and I live a relative frugal life. Trump wants to give tax breaks to millionaires and billionaires, let wallstreet take the american public for a ride. He represents everything I have fought against in my life. I do not like Hillary either, so writing my dog in for Prez.
I will pay a lot of attention to the down ballot elections as my local politicians affect my life, far more than the national ones.
originally posted by: BubbaJoe
originally posted by: ketsuko
a reply to: Vector99
1% economic growth is bad. That's about what we've been averaging. That comes on top of a massive job loss. So lots of folks lost jobs and then we haven't been gaining them faster than we've been gaining new workers.
That's bad.
If we don't change that, the economy will bottom out because we keep subsidizing the ones who can't find work off the backs of the ones who are working. How long do you think working families and businesses can keep addiing extra, unproductive mouths to their bills before they are out of job or out of business? It's a death spiral.
That's Obama.
No that is Bush, I think Obama's job numbers have grown almost every month. This recession wasn't Obama, we can lay this one at Bush's feet.
originally posted by: Vector99
originally posted by: BubbaJoe
originally posted by: ketsuko
a reply to: Vector99
1% economic growth is bad. That's about what we've been averaging. That comes on top of a massive job loss. So lots of folks lost jobs and then we haven't been gaining them faster than we've been gaining new workers.
That's bad.
If we don't change that, the economy will bottom out because we keep subsidizing the ones who can't find work off the backs of the ones who are working. How long do you think working families and businesses can keep addiing extra, unproductive mouths to their bills before they are out of job or out of business? It's a death spiral.
That's Obama.
No that is Bush, I think Obama's job numbers have grown almost every month. This recession wasn't Obama, we can lay this one at Bush's feet.
While you won't get disagreement from me you also won't get Obama praise from me. Any asshole in the office at the time would have achieved the same result.
But yes, Bush absolutely left a destined to fail economy to Obama. So there is that.
originally posted by: Vector99
a reply to: Teikiatsu
So disliking one shltty outcome over another makes me that way. Got it.
I won't be voting again this year by the way, and literally could not give a damn about who is elected.
originally posted by: BubbaJoe
Douche weasel much, I do taxes for a living, you have no idea what you are talking about...blah, blah, blah...
originally posted by: Teikiatsu
originally posted by: Vector99
a reply to: Teikiatsu
So disliking one shltty outcome over another makes me that way. Got it.
As I recall, our back'n'forth concerned the source of the problem, not the outcome.
I won't be voting again this year by the way, and literally could not give a damn about who is elected.
That is your choice. I am voting for the person who makes me least want to become a prepper.