Garrick A. McFadden, Esq. Profile picture
Husband, Father, Son, Brother, Democrat, Christian, Friend, Attorney & #USCTrojan, views are my own.
15 Dec 17
If you want to play along, here is the actual Full Text of Tax Plan aka #GOPTaxScam I am going to start reading and commenting follow if you want thread 1/? docs.house.gov/billsthisweek/…
If you acquire a new home, you can only deduct $750,000 in interest, compared to $1,000,000.00 before. This could impact many homes in California, NY, and in a lot of urban areas that vote Democrat. #TrumpTax Plan 2/?
The #StudentLoan interest deduction will remain. Because they did not repeal all of the #EstateTax they just raised the exemption from 5 million to 10 million. #GOPTaxPlan 3/?
Read 15 tweets
2 Dec 17
I feel like this is an episode of #RickandMorty, but we have to do a sequel to first #TwitterStorm now with 280 characters. I will be going through this #GOPRiot where they loot middle-America. So the thread begins here. 1/?
Not that the #GOP cares about #DACA or #undocumented families. But they use #SEC11022 to not allow undocumented parents to receive a tax credit for their children. These is cruel unjust and unAmerican. 2/?
#Sec11023 With the language to repeal the #JohnsonAmendment contained in the house amendment they have allowed an increase of cash contributions to #Charity as a means to funnel the money to #GOP candidates in a tax free fashion. This is not what Jesus would do or want. 3/\?
Read 17 tweets
2 Nov 17
This former tax attorney is about to go on a #twitterstorm about this #BillionairesFirst tax program & how it is contrary to our values 1/12
#BillionairesFirst tax plan eliminates the adoption deduction. There are 125K adoptions a year that cost about 20K a year. 2/12
#Sec1308 eliminates the deduction of medical expenses. Until #MedicareForAll we need this deduction. 19% of Americans used this in 2015 3/12
Read 12 tweets