The GOP just dug its grave. And Trump still won't have his fucking wall. Seems the days of the middle-aged, uneducated white male are coming to an end.
Cheeto's Reverse Robin Hood "Tax plan" : Even Worse Than You Thought.
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Eat Us And Smile
Cenk For America 2024!!
Justice Democrats
"If the American people had ever known the truth about what we (the BCE) have done to this nation, we would be chased down in the streets and lynched." - Poppy Bush, 1992Comment
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Assuming that the 2018 midterm elections can overcome both the Kristopher K. Kobach voter suppression database AND the tendencies of the SHAFTA Tommy Perez types to run shitty Republican lite candidates, do you REALLY expect the likes of Cuck Schumer & Jellyfish Pelosi to reverse the tax cuts for the rich when they take over Congress.
Clinton had 8 years to reverse the Reagan tax cuts. He made one slight adjustment to the highest tax bracket.
Obama had 8 years to reverse the even more extreme Chimp tax cuts. He actually allowed the right wingers to RENEW them, even though Chimpy himself only intended them to be "temporary".
The Wall $treet fake "Democrats" aren't going to do shit.Eat Us And Smile
Cenk For America 2024!!
Justice Democrats
"If the American people had ever known the truth about what we (the BCE) have done to this nation, we would be chased down in the streets and lynched." - Poppy Bush, 1992Comment
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Assuming that the 2018 midterm elections can overcome both the Kristopher K. Kobach voter suppression database AND the tendencies of the SHAFTA Tommy Perez types to run shitty Republican lite candidates, do you REALLY expect the likes of Cuck Schumer & Jellyfish Pelosi to reverse the tax cuts for the rich when they take over Congress.
Oh, and your bigoted Bernie brats are? With what? Your anti-Wall Street rhetoric? Don't lose hope slave FORD a major economic collapse is on its way and many of the Hillary and Trump clan are going to die because of it. I'm fine with that. Less of them in the world, the better.Comment
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Eat Us And Smile
Cenk For America 2024!!
Justice Democrats
"If the American people had ever known the truth about what we (the BCE) have done to this nation, we would be chased down in the streets and lynched." - Poppy Bush, 1992Comment
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Yeah, I'm sure he is. But he lives in a Red State, that takes welfare from the vastly more productive Blue States, that will lose out in this bill. If you have money in a Blue State, you get fucked and simply your money is being transferred to an entrepreneur in a Red State...
I also have mentioned to those on both coasts complaining about their sky-high SALT (State & Local Taxes)... you elected those local greedy bastards that raised your taxes over and over and over again... and now you're crying because the federal government won't cut you breaks for your poor local voting and governing decisions. Boo-fucking-hoo... you got what you voted for do something about it!! Trust me, and my state takes no welfare from yours nor benefits to any greater degree based on Federal spending... we just manage our local spending more wisely."If you want to be a monk... you gotta cook a lot of rice...”Comment
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(31st in case you are wondering where the US is)
Last edited by Seshmeister; 12-21-2017, 08:34 AM.Comment
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I also have mentioned to those on both coasts complaining about their sky-high SALT (State & Local Taxes)... you elected those local greedy bastards that raised your taxes over and over and over again... and now you're crying because the federal government won't cut you breaks for your poor local voting and governing decisions. Boo-fucking-hoo... you got what you voted for do something about it!! Trust me, and my state takes no welfare from yours nor benefits to any greater degree based on Federal spending... we just manage our local spending more wisely.Last edited by Nickdfresh; 12-21-2017, 12:29 PM.Comment
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Eat Us And Smile
Cenk For America 2024!!
Justice Democrats
"If the American people had ever known the truth about what we (the BCE) have done to this nation, we would be chased down in the streets and lynched." - Poppy Bush, 1992Comment
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Trump may celebrate his tax giveaway – but politically it could cost him dear
Trump may celebrate his tax giveaway – but politically it could cost him dear
Jonathan Freedland
This bill stinks – the men behind it will benefit from it personally. But once it’s passed, the president is just that little bit less useful to Republicans
‘Donald Trump’s tax ‘reform’ is, in fact, a massive gift to the rich and super-rich.’ Photograph: Jim Lo Scalzo/EPA
Wed 20 Dec ‘17 06.49 EST
Last modified on Wed 20 Dec ‘17 15.48 EST
Donald Trump is set to close this most turbulent year with his first big win. Today, barring a last-minute hitch, both houses of the US Congress will send the president a tax reform bill that he will sign with full ceremony. He’ll lavish praise on himself and say he’s making good on his promise to make America great again. Or as he put it via Twitter: “Biggest Tax Cuts and Reform EVER passed. Enjoy, and create many beautiful JOBS!”
The bill he’ll sign today is indeed the most substantial overhaul to the US tax system since Ronald Reagan’s tax cuts of 1986. Still, Trump and his fellow Republicans should pause before they knock back too much pre-Christmas champagne. This could be a victory that comes back to haunt them.
For this bill hands the Democrats just the ammunition they need for their campaign to win back control of Congress in next November’s midterm elections. It’s unpopular – opposed by 55% of US voters, and supported by just 33% of them – and with good reason.
For this tax “reform” is, in fact, a massive gift to the rich and super-rich. By 2027, 83% of its benefits will go to the richest 1%. Sure, low-income Americans will see a modest improvement in their finances: the poor will save around $60 a year. But the big bucks go to those who already have the biggest bucks.
The mega corporations stand to gain the most, as their taxes fall from 35% to 21%. Republicans are trying to cast this as help for “America’s families and small businesses”, as if the chief beneficiaries will be the Mom and Pop who run the neighbourhood general store. But the reality is that Republicans are paying back the mighty plutocrats who have been bankrolling them for years. Admire the candour of congressman Chris Collins, who last month said of tax cuts, “My donors are basically saying, ‘Get it done or don’t ever call me again.’”
Senate approves most drastic changes to US tax code in 30 years
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The stink coming off this bill is even more direct. The men who wrote, passed and will sign it will benefit from it personally. There are tax breaks for real estate tycoons in there, which will further enrich the likes of Senator Bob Corker and one Donald J Trump.
All Democrats need do next November is set those facts against Trump’s 2016 campaign talk, in which he promised to fight for the little guy even at his own expense. “It’s going to cost me a fortune,” he said of his tax plan back then. But it was all a trick. He took the votes of those left behind, and has used them to make himself and his pals even richer.
And they will be the ones to feel the cost. Because you cannot reduce the amount coming into the public coffers by $1.5tn without cutting the amount coming out. There will now be even less money to spend on those who need it. Witness the health programmes for poor children cut for lack of congressional funding on the very day those same Republican congressmen and senators increased to $22m the amount a wealthy couple can leave to their children without paying a cent in inheritance tax.
Perhaps that moral shame doesn’t bother most Republicans. But the party did once pride itself on its fiscal conservatism. They can surely never make that boast again, not when they have passed a measure that will balloon the deficit by a trillion or more. They want to keep spending, including hundreds of billions on defence, even as they bring in so much less.
The right like to say that cutting taxes actually generates more revenue, because people are incentivised to work harder and earn more. But that is one hypothesis that does not need to be tested yet again. We know from the Reagan years, when the deficit mushroomed, that it’s nonsense. It gives magical thinking a bad name.
Trump will brag and crow, but there is a danger here for him too. Passing this tax cut has been the driving mission of the likes of House speaker Paul Ryan for decades. It’s why they’ve tolerated the daily outrages committed by Trump: they were ready to swallow anything for the sake of having someone at that Oval Office desk who would sign their tax bill. Once he’s done it, his usefulness diminishes. Should the Russia probe gather pace, should Trump’s poll numbers go even deeper underwater, then the passing of these tax cuts will lead some Republicans to conclude that he is no longer indispensable.
So let Trump and the Republican party have their celebration today. They may have reason to regret it tomorrow.
• Jonathan Freedland is a Guardian columnistLast edited by Nickdfresh; 12-21-2017, 05:31 PM.Comment
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Holy shit! Only Americans have such amazing freedoms, the rest of the world looks on in amazement.
(31st in case you are wondering where the US is)
https://www.cnsnews.com/commentary/d...verall-freedom"If you want to be a monk... you gotta cook a lot of rice...”Comment
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