Read Entire 1097 Page GOP Tax Bill-Part 1-Raw Reactions-Bob Davis Podcast 688

Both houses of congress have now passed the 2017 Tax Cuts and Jobs Bill. After four hours and near blindness, I finished all one thousand plus pages. Every citizen should read this bill. In Read Entire 1097 Page GOP Tax Bill-Part 1-Raw Reactions-Bob Davis Podcast 688.

Big Little Reforms

Especially relevant is the public relations effort by republicans to convince voters this is a ‘sweeping’ reform of the US tax Code. In fact it is an amendment to a budget bill that further amends the 1987 Tax Reform Act.

Everyone Loves Or Hates

Moreover, if you read the bill, you should almost have a copy of the 1986 Tax Reform Act handy. Both sides of the so called political divide are touting how great this legislation is, or how it will end the world as we know it.  I’ll give you some details in Read Entire 1097 Page GOP Tax Bill-Part 1-Raw Reactions-Bob Davis Podcast 688.

Please Hold For Your Tax Attorney

Truth is if you are in business you’re still going to need an accountant and tax attorney advise you. Some businesses will see their taxes increase. Some individuals will see their taxes increase. Sure, the standard deduction has been doubled and tax rates reduced…but…

It Might Be Good…Then Again

There will be fewer deductions and thus fewer ways to legally reduce exposure to taxation. Depending on your specific situation you might see an increase or decrease in your overall tax. I explain some of this in Read Entire 1097 Page GOP Tax Bill-Part 1-Raw Reactions-Bob Davis Podcast 688. In addition, listen to my tax reform podcast to understand the political game going on under the guise of fixing the tax code.

Never Underestimate The Power of Free Beer

There are scores of pages concerning craft beer, wine and spirits. Guess all those receptions with free hootch for members must have worked! Finally there are lots and lots of new rules regarding businesses of all kinds.

Beware of Congressmen Bearing Cool Sounding Jargon

When congressmen and senators go out among the people and talk about all they have accomplished, you’re going to hear the words ‘pass-through’ and ‘average american will save’ such and such a lot. What does it all mean? Find out in Read Entire 1097 Page GOP Tax Bill-Part 1-Raw Reactions-Bob Davis Podcast 688.

More Government Control

In conclusion my final reaction is the sadness I feel that our federal government controls so much of what we do as citizens through the mechanism of taxation. Republicans who campaigned on a tax cut have certainly paid off on that promise, at least until 2025, but at what price. That is the 1.2 trillion dollar question. President Trump signed the bill into law Friday afternoon.

Sponsored by Ryan Plumbing and Heating of Saint Paul and Reliafund Payment Processors

Read Entire 1097 Page GOP Tax Bill-Part 1-Raw Reactions-Bob Davis Podcast 688

Will 1968 Unrest Shockwaves Echo In 2018-Podcast 670

Every now and then it’s necessary to break it down. Why does a long time political observer and analyst find it more difficult to talk about politics these days? In Will 1968 Unrest Shockwaves Echo In 2018-Podcast 670.

Rhetorical Partisans

Some say the US hasn’t been this politically divided since 1968. At least in 1968 we were fighting about specific issues. It seems to me we’re fighting over a person in the present time frame.

Demanding Loyalty

Attack Trump. Defend Trump. At any cost. Ideas and principles aren’t important. Commentators are running for office, under the employ of some partisan organization, or supporting a person or point of view. Will 1968 Unrest Shockwaves Echo In 2018-Podcast 670.

Garbage In Garbage Out

Social media, the Internet and so called news sites spew a constant stream of invective, misinformation and outright lies. They are so busy predicting the future they put Tarot Card Readers and Astrologists to shame.

Read It and Weep

Denying our freedom to choose what we think about an issue based on facts, in the quest to demand loyalty is the height of folly. In Will 1968 Unrest Shockwaves Echo In 2018-Podcast 670. We end up shouting at each other; partisan mobs, not an informed electorate.

Sponsored by Reliafund and Ryan Plumbing and Heating of Saint Paul

Will 1968 Unrest Shockwaves Echo In 2018-Podcast 670

 

Podcast 574-Bob Davis Podcasts Radio Show-53

Podcast 574-Bob Davis Podcasts Radio Show-53. What local TV stations are calling a blizzard has turned out to be some wind and snow flurries in Minneapolis and Saint Paul, setting the tone for this week’s radio show. Not content with predicting the weather incorrectly, the media has now taken to telling people the Electoral College is going to vote for someone other than the president elect. If that isn’t shocking enough, look how quickly the media has shifted from getting the outcome of the election wrong, to telling everyone just what kind of administration the president-elect will have. It isn’t shocking to conclude most of the pundits and prognosticators will probably be wrong in these new assumptions as well. Suddenly the so called ‘experts’ have rediscovered the Electoral College in the United States. Since we don’t report on news, or report on issues anymore the Electoral College has now become the dark and sinister force that is about to put the ‘wrong’ person in the White House. To define wrong, just insert any derogatory term you can think of. Don’t worry about proving any of them. In this show I am not going to define the Electoral College. If you don’t know what it is or how it is supposed to work, I’m not going to do your homework for you. Look it up yourself. Read the constitution and draw your own conclusions. In Podcast 574-Bob Davis Podcasts Radio Show-53, I will tell you why it is very unlikely the Electoral College is going to pull some kind of sophomoric temper tantrum or switch, or under vote to throw the election to a republican congress. This is par for the course in America, where any kind of media just continues to fail to do it’s job or do any kind of job. A media that got the election wrong because many on air felt the need to endorse a candidate early on in the primary races and their judgement was flawed from that moment. A media that got the election wrong because people on the air and in management made conclusions about polls that they could not make. All of them ignored the state by state situation and the closeness of the races in key states. Now suddenly they’re authorities on the constitution and the electoral college and they’re going to tell us what will happen next. Change is in the air in the United States. Change is apparent throughout the political spectrum. What it all means remains to be seen. Political junkies trapped in the roach motel of political coverage just can’t get let go of it. Maybe the people thinking about turkey and college football this weekend have the best approach. Sponsored by Ryan Plumbing of Saint Paul and Hydrus.