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

Podcast 607-Twila Brase-CCHF-ObamaCare Repeal-Real ID

Top issues in the coming weeks. Real ID. Repealing ObamaCare. President of the Citizens Council for Health Freedom Twila Brase joins The Bob Davis Podcast Radio Show 68 this week in Podcast 607-Twila Brase-CCHF-ObamaCare Repeal-Real ID. Your issue is health care and privacy? Twila Brase is a nationally recognized expert on these issues.

Real ID

Minnesota Republicans have once again proved themselves to be slaves of the Chamber of Commerce or ‘The Chambers Of Italian Fascism‘. Republican legislators are pushing Real ID. Real ID is a national ID Card. “You won’t be able to get on an airplane without one”. “You won’t be able to visit your sons and daughters on military bases without one”. “48 states have already approved Real ID”. Not True. Twila lays out the real deal in Podcast 607-Twila Brase-CCHF-ObamaCare Repeal-Real ID.

ObamaCare Repeal. Maybe.

Since 2010 repealing the ACA has been the centerpiece of the GOP campaigns. Republicans control Congress and the Executive Branch. Suddenly they’re singing a new song. Repeal. Maybe. Repair. Reform. Twila lays out the complex effects of ObamaCare. She’ll tell you why tax credits and maintaining medicaid benefits won’t fix it. The culprits are Managed Care and government regulation.

Breaking Their Promise

Promises on the campaign trail. Demands to repeal ObamaCare. Now its more complicated than they thought. Now Republicans have a secret plan to ‘fix’ it. Broken promises can be a tough sell come election day. Longer it takes. Closer we get to election 2018. The more wobbly they get. President Trump included.

Sponsored by Ryan Plumbing and Heating of Saint Paul, X Government Cars and Hydrus Performance.