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<blockquote data-quote="Benben" data-source="post: 3152412" data-attributes="member: 25133"><p>So he says. The dude lies an average of 3 times a day! Anything that comes out of his mouth, off twitter, or outta the mouth of his harpy Sarah Huckabee Sanders has a 50% chance of being a lie.</p><p></p><p></p><p></p><p>Tax Reform is now limited to only increasing the Fed Deficit $1.5 trillion <strong>AND</strong> getting passed by a simple majority (50 votes + Pence.) That is why Monday's vote was the important first step. For them to wack the Estate Tax AND collapse the tax brackets down to 3 (getting rid of the top bracket=4.9% tax break for the rich) they have to offset that lost revenue to stay inside $1.5 trillion. By lowering the maximum amount put into a 401K that is tax deductible to $2400 They can count the taxes from the other $16,000 as revenue for offset.</p></blockquote><p></p>
[QUOTE="Benben, post: 3152412, member: 25133"] So he says. The dude lies an average of 3 times a day! Anything that comes out of his mouth, off twitter, or outta the mouth of his harpy Sarah Huckabee Sanders has a 50% chance of being a lie. Tax Reform is now limited to only increasing the Fed Deficit $1.5 trillion [B]AND[/B] getting passed by a simple majority (50 votes + Pence.) That is why Monday's vote was the important first step. For them to wack the Estate Tax AND collapse the tax brackets down to 3 (getting rid of the top bracket=4.9% tax break for the rich) they have to offset that lost revenue to stay inside $1.5 trillion. By lowering the maximum amount put into a 401K that is tax deductible to $2400 They can count the taxes from the other $16,000 as revenue for offset. [/QUOTE]
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