Wisconsin

TexasTowelie

(112,848 posts) Fri Jul 7, 2017, 03:29 PM Jul 2017

Ryan doubles down on tax, health care reform

RACINE — U.S. House Speaker Paul Ryan doubled down on his commitment to tax, welfare and health care reforms during a visit to a Racine business Thursday afternoon.

“Our job and our goal is to get tax reform done in 2017, so that when we roll into a new year in 2018 we roll into having a new tax code,” Ryan said. “If we allow manufacturers or businesses to write off 100 percent of the costs of their equipment, then they’ll buy more equipment, they’ll put more people to work, do more expansions.”

Ryan visited Burlington Graphic Systems, 2600 Chicory Road, a company specializing in printing for businesses and manufacturers.

The event — which included a ribbon-cutting for the company’s newest addition — was closed to the public.

Read more: http://www.kenoshanews.com/news/local/ryan-doubles-down-on-tax-health-care-reform/article_6e2faa3e-e6f3-5e1b-b3d2-a0ce948e9e66.html

6 replies

= new reply since forum marked as read

Highlight:

Ryan doubles down on tax, health care reform (Original Post) TexasTowelie Jul 2017 OP

They can already write off their equipment, it's called depreciation. Any tax breaks those The_Casual_Observer Jul 2017 #1

And sometimes they double-dip. By donating depreciated equipment LuvLoogie Jul 2017 #2

And that money goes to the Barrett Auto Auction in Las Vegas. The_Casual_Observer Jul 2017 #3

Ryan, you dipshit, you can roll right off the planet. Fucker. CurtEastPoint Jul 2017 #4

Write off 100% of their cost? Why can't I write off 100% of my cost of sinkingfeeling Jul 2017 #5

Man, I don't even live there but I hope the Dem construction worker wins the next election. BigmanPigman Jul 2017 #6

The_Casual_Observer

(27,742 posts)

1. They can already write off their equipment, it's called depreciation. Any tax breaks those

Reply to TexasTowelie (Original post)

Fri Jul 7, 2017, 03:42 PM

Jul 2017

business owners get will go towards a new boat, vacations to Vienna, collectibles and so on. It's always that way.

LuvLoogie

(7,092 posts)

2. And sometimes they double-dip. By donating depreciated equipment

Reply to The_Casual_Observer (Reply #1)

Fri Jul 7, 2017, 03:59 PM

Jul 2017

For a market value charitable contribution.

The_Casual_Observer

(27,742 posts)

3. And that money goes to the Barrett Auto Auction in Las Vegas.

Reply to LuvLoogie (Reply #2)

Fri Jul 7, 2017, 04:00 PM

Jul 2017

CurtEastPoint

(18,691 posts)

4. Ryan, you dipshit, you can roll right off the planet. Fucker.

Reply to TexasTowelie (Original post)

Fri Jul 7, 2017, 04:08 PM

Jul 2017

sinkingfeeling

(51,513 posts)

5. Write off 100% of their cost? Why can't I write off 100% of my cost of

Reply to TexasTowelie (Original post)

Fri Jul 7, 2017, 05:05 PM

Jul 2017

my home, car, and eating expenses?

BigmanPigman

(51,717 posts)

6. Man, I don't even live there but I hope the Dem construction worker wins the next election.

Reply to TexasTowelie (Original post)

Sat Jul 8, 2017, 12:02 AM

Jul 2017

However, all Ryan needs to do is punch out a reporter with glasses in front of witnesses and he'll get re-elected.

Reply to this discussion

Kick in to the DU tip jar?

This week we're running a special pop-up mini fund drive. From Monday through Friday we're going ad-free for all registered members, and we're asking you to kick in to the DU tip jar to support the site and keep us financially healthy.

As a bonus, making a contribution will allow you to leave kudos for another DU member, and at the end of the week we'll recognize the DUers who you think make this community great.