Conservative Tax Cuts - you gotta be kidding me

[The Derp]

Do Conservatives seriously think that their budget-busting, deficit-expanding transfer of wealth from the 99% to the top has any chance of passing in this political environment? Never mind the fact that tax cuts never deliver on any of the promises made of them, never mind the fact that we just went through this 16 years ago with Bush the Dumber and 5 years ago with Brownback in Kansas, and never mind the fact that Conservative policy has been stuck in the same rut for 40 years, why would these tax cuts magically grow the economy when they didn't before?

About half of all people making under $100K will either see no change in their taxes, or an increase in their taxes because of the elimination of deductions. Meanwhile the top 0.1% will benefit the most from this tax plan, with the 1% also benefiting immensely, some of whom will see their taxes cut in half. To pay for tax cuts for the rich, the Conservatives are eliminating state & local tax deductions, capping mortgage interest deductions, eliminating grad school (re: STEM grad students) tuition deductions, eliminating student loan interest deductions, eliminating the child tax credit, eliminating EITC, eliminating the AMT, eliminating medical expense deductions, deductions for teachers who buy school supplies for their students, the adoption tax credit, etc.

There is nothing in this Conservative tax plan that benefits anyone other than the very rich and their pet corporations.

It also increases the deficit beyond 10 years which means it's either got to have an expiration date (thus eliminating the entire purpose of this thing) or it needs 60 votes in the Senate to pass. Since Conservatives only have a 52-48 majority (which could drop to 51-49 pending AL's Senate election), they simply lack the votes to pass this disaster.

There is no need or purpose for this tax cut. The only reason Conservatives are pushing this is because they want to take more for their rich corporate donors and give you the shaft.

 

[bendog]

Do Conservatives seriously think that their budget-busting, deficit-expanding transfer of wealth from the 99% to the top has any chance of passing in this political environment? Never mind the fact that tax cuts never deliver on any of the promises made of them, never mind the fact that we just went through this 16 years ago with Bush the Dumber and 5 years ago with Brownback in Kansas, and never mind the fact that Conservative policy has been stuck in the same rut for 40 years, why would these tax cuts magically grow the economy when they didn't before?

About half of all people making under $100K will either see no change in their taxes, or an increase in their taxes because of the elimination of deductions. Meanwhile the top 0.1% will benefit the most from this tax plan, with the 1% also benefiting immensely, some of whom will see their taxes cut in half. To pay for tax cuts for the rich, the Conservatives are eliminating state & local tax deductions, capping mortgage interest deductions, eliminating grad school (re: STEM grad students) tuition deductions, eliminating student loan interest deductions, eliminating the child tax credit, eliminating EITC, eliminating the AMT, eliminating medical expense deductions, deductions for teachers who buy school supplies for their students, the adoption tax credit, etc.

There is nothing in this Conservative tax plan that benefits anyone other than the very rich and their pet corporations.

It also increases the deficit beyond 10 years which means it's either got to have an expiration date (thus eliminating the entire purpose of this thing) or it needs 60 votes in the Senate to pass. Since Conservatives only have a 52-48 majority (which could drop to 51-49 pending AL's Senate election), they simply lack the votes to pass this disaster.

There is no need or purpose for this tax cut. The only reason Conservatives are pushing this is because they want to take more for their rich corporate donors and give you the shaft.

I don't think the tax cuts are conservative, but they're certainly republican, and polls show the plans are unpopular outside gop voters. But that's the point. The gop leadership figures that two things will be accomplished: Bannon can't primary them if they have tax cuts, muslim bans, Gorsuch, regulation cuts and an improving economy. And they can kill the mandate, which will kill Obamacare expansions of private insurance, but leave the budget buster Medicaid expansion, which policy wise is total bullshit, but it plays to the base.

And the gop leadership figures the numbers favor them in the general election.

 

[sartre play]

G.O.P ANNOUNCEMENT repeals individual mandate. major health care providers like Blue Cross come out against . will cause Medicare cuts of 25 billion.
any one have more info on why this wont hurt retired people?

 

[basquebromance]

BREAKING: Sen. Ron Johnson becomes 1st Senate Republican to say he will oppose tax plan, saying it unfairly benefits corporations more than other types of businesses. GOP can't lose more than 2 votes for the plan

(Johnson had—shall we say—an interesting journey on the Obamacare repeal bill, but was a yes in the clutch moments.)

 

[whitehall]

How do crazy angry lefties get away with the term "budget busting" when Barry Hussein busted the budget for eight years without offering the slightest incentive to businesses other than failing jokes like Solyndra?

 

[Norman]

Do Conservatives seriously think that their budget-busting, deficit-expanding transfer of wealth from the 99% to the top has any chance of passing in this political environment? Never mind the fact that tax cuts never deliver on any of the promises made of them, never mind the fact that we just went through this 16 years ago with Bush the Dumber and 5 years ago with Brownback in Kansas, and never mind the fact that Conservative policy has been stuck in the same rut for 40 years, why would these tax cuts magically grow the economy when they didn't before?

About half of all people making under $100K will either see no change in their taxes, or an increase in their taxes because of the elimination of deductions. Meanwhile the top 0.1% will benefit the most from this tax plan, with the 1% also benefiting immensely, some of whom will see their taxes cut in half. To pay for tax cuts for the rich, the Conservatives are eliminating state & local tax deductions, capping mortgage interest deductions, eliminating grad school (re: STEM grad students) tuition deductions, eliminating student loan interest deductions, eliminating the child tax credit, eliminating EITC, eliminating the AMT, eliminating medical expense deductions, deductions for teachers who buy school supplies for their students, the adoption tax credit, etc.

There is nothing in this Conservative tax plan that benefits anyone other than the very rich and their pet corporations.

It also increases the deficit beyond 10 years which means it's either got to have an expiration date (thus eliminating the entire purpose of this thing) or it needs 60 votes in the Senate to pass. Since Conservatives only have a 52-48 majority (which could drop to 51-49 pending AL's Senate election), they simply lack the votes to pass this disaster.

There is no need or purpose for this tax cut. The only reason Conservatives are pushing this is because they want to take more for their rich corporate donors and give you the shaft.

Taxes are transfer of wealth.

They cut taxes.

Transfers of wealth (or more accurately theft) has been reduced. You and everyone else should be happy.

 

[bendog]

Do Conservatives seriously think that their budget-busting, deficit-expanding transfer of wealth from the 99% to the top has any chance of passing in this political environment? Never mind the fact that tax cuts never deliver on any of the promises made of them, never mind the fact that we just went through this 16 years ago with Bush the Dumber and 5 years ago with Brownback in Kansas, and never mind the fact that Conservative policy has been stuck in the same rut for 40 years, why would these tax cuts magically grow the economy when they didn't before?

About half of all people making under $100K will either see no change in their taxes, or an increase in their taxes because of the elimination of deductions. Meanwhile the top 0.1% will benefit the most from this tax plan, with the 1% also benefiting immensely, some of whom will see their taxes cut in half. To pay for tax cuts for the rich, the Conservatives are eliminating state & local tax deductions, capping mortgage interest deductions, eliminating grad school (re: STEM grad students) tuition deductions, eliminating student loan interest deductions, eliminating the child tax credit, eliminating EITC, eliminating the AMT, eliminating medical expense deductions, deductions for teachers who buy school supplies for their students, the adoption tax credit, etc.

There is nothing in this Conservative tax plan that benefits anyone other than the very rich and their pet corporations.

It also increases the deficit beyond 10 years which means it's either got to have an expiration date (thus eliminating the entire purpose of this thing) or it needs 60 votes in the Senate to pass. Since Conservatives only have a 52-48 majority (which could drop to 51-49 pending AL's Senate election), they simply lack the votes to pass this disaster.

There is no need or purpose for this tax cut. The only reason Conservatives are pushing this is because they want to take more for their rich corporate donors and give you the shaft.

Taxes are transfer of wealth.

They cut taxes.

Transfers of wealth (or more accurately theft) has been reduced. You and everyone else should be happy.

Strictly speaking taxes are not a transfer of wealth if they go directly to paying for some govt function, such as DoD or DoS or DoJ, for examples.

Entitlement programs can be characterized as transfer programs, but with some of them like SS and Medicare the recipients paid in during years before they were eligible for benefits.

But all that is at best tangential to the question of whether the tax cut premised on spurring jobs with corp tax cuts and cuts for middle class workers was false advertising when looking at what the bills actually do.

 

[The Derp]

How do crazy angry lefties get away with the term "budget busting" when Barry Hussein busted the budget for eight years without offering the slightest incentive to businesses other than failing jokes like Solyndra?

Obama reduced the deficit by 2/3 from where your guy, Bush the Dumber, left it.

You're welcome.

 

[francoHFW]

Do Conservatives seriously think that their budget-busting, deficit-expanding transfer of wealth from the 99% to the top has any chance of passing in this political environment? Never mind the fact that tax cuts never deliver on any of the promises made of them, never mind the fact that we just went through this 16 years ago with Bush the Dumber and 5 years ago with Brownback in Kansas, and never mind the fact that Conservative policy has been stuck in the same rut for 40 years, why would these tax cuts magically grow the economy when they didn't before?

About half of all people making under $100K will either see no change in their taxes, or an increase in their taxes because of the elimination of deductions. Meanwhile the top 0.1% will benefit the most from this tax plan, with the 1% also benefiting immensely, some of whom will see their taxes cut in half. To pay for tax cuts for the rich, the Conservatives are eliminating state & local tax deductions, capping mortgage interest deductions, eliminating grad school (re: STEM grad students) tuition deductions, eliminating student loan interest deductions, eliminating the child tax credit, eliminating EITC, eliminating the AMT, eliminating medical expense deductions, deductions for teachers who buy school supplies for their students, the adoption tax credit, etc.

There is nothing in this Conservative tax plan that benefits anyone other than the very rich and their pet corporations.

It also increases the deficit beyond 10 years which means it's either got to have an expiration date (thus eliminating the entire purpose of this thing) or it needs 60 votes in the Senate to pass. Since Conservatives only have a 52-48 majority (which could drop to 51-49 pending AL's Senate election), they simply lack the votes to pass this disaster.

There is no need or purpose for this tax cut. The only reason Conservatives are pushing this is because they want to take more for their rich corporate donors and give you the shaft.

So what else is new LOL...

 

[francoHFW]

Do Conservatives seriously think that their budget-busting, deficit-expanding transfer of wealth from the 99% to the top has any chance of passing in this political environment? Never mind the fact that tax cuts never deliver on any of the promises made of them, never mind the fact that we just went through this 16 years ago with Bush the Dumber and 5 years ago with Brownback in Kansas, and never mind the fact that Conservative policy has been stuck in the same rut for 40 years, why would these tax cuts magically grow the economy when they didn't before?

About half of all people making under $100K will either see no change in their taxes, or an increase in their taxes because of the elimination of deductions. Meanwhile the top 0.1% will benefit the most from this tax plan, with the 1% also benefiting immensely, some of whom will see their taxes cut in half. To pay for tax cuts for the rich, the Conservatives are eliminating state & local tax deductions, capping mortgage interest deductions, eliminating grad school (re: STEM grad students) tuition deductions, eliminating student loan interest deductions, eliminating the child tax credit, eliminating EITC, eliminating the AMT, eliminating medical expense deductions, deductions for teachers who buy school supplies for their students, the adoption tax credit, etc.

There is nothing in this Conservative tax plan that benefits anyone other than the very rich and their pet corporations.

It also increases the deficit beyond 10 years which means it's either got to have an expiration date (thus eliminating the entire purpose of this thing) or it needs 60 votes in the Senate to pass. Since Conservatives only have a 52-48 majority (which could drop to 51-49 pending AL's Senate election), they simply lack the votes to pass this disaster.

There is no need or purpose for this tax cut. The only reason Conservatives are pushing this is because they want to take more for their rich corporate donors and give you the shaft.

Taxes are transfer of wealth.

They cut taxes.

Transfers of wealth (or more accurately theft) has been reduced. You and everyone else should be happy.

Are only cutting taxes on the very richest people, dupe.

 

[The Derp]

Taxes are transfer of wealth.

Yes, they are. And Conservatives are using taxes to transfer wealth to the top 1% for no other reason than to secure campaign donations. Not because they make economic sense (they don't). Not because they make fiscal sense (they don't). But only and exclusively because that's what their rich donors want. We know this because one of the Republicans even said it.

They cut taxes.

Which cuts revenue, which results in deficits. Your tax cuts create deficits. That's because tax cuts don't pay for themselves; never have and never will.

In fact, Bush's Tax Cuts lost jobs. Over 800,000 net private sector jobs were lost during the first four years of the Bush Tax Cuts (2001-2004), and over 400,000 net private sector jobs were lost after eight years of the Bush Tax Cuts.

Transfers of wealth (or more accurately theft) has been reduced. You and everyone else should be happy.

They're not reduced. Taxes for at least half of those who earn up to $100K a year will go up.

 

[NYcarbineer]

How do crazy angry lefties get away with the term "budget busting" when Barry Hussein busted the budget for eight years without offering the slightest incentive to businesses other than failing jokes like Solyndra?

No he didn't.

 

[The Derp]

I don't think the tax cuts are conservative, but they're certainly republican, and polls show the plans are unpopular outside gop voters. But that's the point. The gop leadership figures that two things will be accomplished: Bannon can't primary them if they have tax cuts, muslim bans, Gorsuch, regulation cuts and an improving economy. And they can kill the mandate, which will kill Obamacare expansions of private insurance, but leave the budget buster Medicaid expansion, which policy wise is total bullshit, but it plays to the base. And the gop leadership figures the numbers favor them in the general election.

It's not that the plans are even supported by GOP voters...they're supported by GOP donors.

 

[NYcarbineer]

The GOP tax plan includes the provision that the individual tax cuts expire after 10 years.

Why?

Because they had to make the bill comply with deficit limitations.

Now think about that. Isn't the GOP mantra that tax cuts INCREASE revenues??

lol

 

[Norman]

Do Conservatives seriously think that their budget-busting, deficit-expanding transfer of wealth from the 99% to the top has any chance of passing in this political environment? Never mind the fact that tax cuts never deliver on any of the promises made of them, never mind the fact that we just went through this 16 years ago with Bush the Dumber and 5 years ago with Brownback in Kansas, and never mind the fact that Conservative policy has been stuck in the same rut for 40 years, why would these tax cuts magically grow the economy when they didn't before?

About half of all people making under $100K will either see no change in their taxes, or an increase in their taxes because of the elimination of deductions. Meanwhile the top 0.1% will benefit the most from this tax plan, with the 1% also benefiting immensely, some of whom will see their taxes cut in half. To pay for tax cuts for the rich, the Conservatives are eliminating state & local tax deductions, capping mortgage interest deductions, eliminating grad school (re: STEM grad students) tuition deductions, eliminating student loan interest deductions, eliminating the child tax credit, eliminating EITC, eliminating the AMT, eliminating medical expense deductions, deductions for teachers who buy school supplies for their students, the adoption tax credit, etc.

There is nothing in this Conservative tax plan that benefits anyone other than the very rich and their pet corporations.

It also increases the deficit beyond 10 years which means it's either got to have an expiration date (thus eliminating the entire purpose of this thing) or it needs 60 votes in the Senate to pass. Since Conservatives only have a 52-48 majority (which could drop to 51-49 pending AL's Senate election), they simply lack the votes to pass this disaster.

There is no need or purpose for this tax cut. The only reason Conservatives are pushing this is because they want to take more for their rich corporate donors and give you the shaft.

Taxes are transfer of wealth.

They cut taxes.

Transfers of wealth (or more accurately theft) has been reduced. You and everyone else should be happy.

Are only cutting taxes on the very richest people, dupe.

They are cutting taxes from pretty much everyone who pays them. Of course, since you don't work (trolling on message boards isn't a job) and don't pay any I can see why you would complain.

Eh, guess you will have to find a job then.

 

[Meathead]

Do Conservatives seriously think that their budget-busting, deficit-expanding transfer of wealth from the 99% to the top has any chance of passing in this political environment? Never mind the fact that tax cuts never deliver on any of the promises made of them, never mind the fact that we just went through this 16 years ago with Bush the Dumber and 5 years ago with Brownback in Kansas, and never mind the fact that Conservative policy has been stuck in the same rut for 40 years, why would these tax cuts magically grow the economy when they didn't before?

About half of all people making under $100K will either see no change in their taxes, or an increase in their taxes because of the elimination of deductions. Meanwhile the top 0.1% will benefit the most from this tax plan, with the 1% also benefiting immensely, some of whom will see their taxes cut in half. To pay for tax cuts for the rich, the Conservatives are eliminating state & local tax deductions, capping mortgage interest deductions, eliminating grad school (re: STEM grad students) tuition deductions, eliminating student loan interest deductions, eliminating the child tax credit, eliminating EITC, eliminating the AMT, eliminating medical expense deductions, deductions for teachers who buy school supplies for their students, the adoption tax credit, etc.

There is nothing in this Conservative tax plan that benefits anyone other than the very rich and their pet corporations.

It also increases the deficit beyond 10 years which means it's either got to have an expiration date (thus eliminating the entire purpose of this thing) or it needs 60 votes in the Senate to pass. Since Conservatives only have a 52-48 majority (which could drop to 51-49 pending AL's Senate election), they simply lack the votes to pass this disaster.

There is no need or purpose for this tax cut. The only reason Conservatives are pushing this is because they want to take more for their rich corporate donors and give you the shaft.

Only a regressive tax structure could transfer wealth to the rich. Even a flat tax transfers wealth from rich to poor. Trump's plan is still a progressive tax.

You are simply an entitled ass.

 

[The Derp]

The GOP tax plan includes the provision that the individual tax cuts expire after 10 years.
Why?
Because they had to make the bill comply with deficit limitations.
Now think about that. Isn't the GOP mantra that tax cuts INCREASE revenues??
lol

Exactly. The fact that they sunset completely undermines the argument for them.

But that doesn't stop the know-nothings...they are dogmatic zealots.

 

[The Derp]

They are cutting taxes from pretty much everyone who pays them.

No, they're raising taxes because they're eliminating deductions. Half of all people who make under $100K will see their taxes increase. All to give the wealthy a tax cut they don't need, but have been donating to Conservatives to get. In fact, a Conservative even said that the only reason he's doing this is because his wealthy donors want it. Not his voters, his donors.

Conservatives don't give a shit about anyone except for the very rich who donate to their campaigns.

Of course, since you don't work (trolling on message boards isn't a job) and don't pay any I can see why you would complain. Eh, guess you will have to find a job then.

So this is a typical conservative propagandist tactic of projection. Clearly, this "Norman" troll is a propagandist paid to spread bullshit on the boards but wants everyone to think that all the people smacking him down are too.

They're not. You're the one being paid to think something. What a weak-willed pussy you are.

 

[Norman]

They are cutting taxes from pretty much everyone who pays them.

No, they're raising taxes because they're eliminating deductions. Half of all people who make under $100K will see their taxes increase. All to give the wealthy a tax cut they don't need, but have been donating to Conservatives to get. In fact, a Conservative even said that the only reason he's doing this is because his wealthy donors want it. Not his voters, his donors.

Ah, someone is getting their information from CNN.

Too bad for that clueless person.

 

[whitehall]

How could crazy angry border line psychotic lefties not be grateful that their own 401k's are secure and the DOW is in record territory in ten months while it stagnated under Hussein's inept leadership for eight years? Why don't angry lefties understand that most Americans are aware that the old myth of "republicans care only about the wealthy" doesn't work in the information age? Were democrats in a freaking coma when they couldn't see the hypocrisy of Hillary taking a quarter of a million dollars each for a half a dozen 15 minute mystery speeches to friendly Wall Street bankers while Obama was pretending that Wall Street was the enemy? How about Hillary and Hussein smooching it up with perhaps the biggest sexual abuser on the planet while pretending that the fat cat elitists in H'wood, who contribute only to democrats, are just working stiffs like the rest of us.