Shocker: Democrats’ predictions about the GOP tax cut are coming true

Discussion in 'Economy' started by deanrd, Mar 8, 2018.

  1. deanrd
    Offline

    deanrd Gold Member

    Joined:
    May 8, 2017
    Messages:
    13,108
    Thanks Received:
    1,739
    Trophy Points:
    290
    Ratings:
    +11,127
    Shocker: Democrats’ predictions about the GOP tax cut are coming true

    When Republicans put together their tax bill last year, it was not much of a surprise to see that its centerpiece was a gigantic corporate tax cut, lowering the statutory corporate rate from 35 percent down to 21 percent. This cut accounted for about $1 trillion of the bill’s total $1.5 trillion cost, but Republicans said it really wasn’t about helping corporations at all.

    No, the real target was the workers: Corporations would take the money and use it to create new jobs and raise the wages of those working for them, as trickle-down economics did its magical work.

    Democrats, on the other hand, said it was a scam.

    --------------------

    This is the my favorite part:

    ------------------

    If you’re a Republican, you look at this news and say, “So what?” Everything’s working out great: You got your tax cut, corporations and the wealthy are swimming in money, and the next time you take control of government you’ll do it all over again. Sure, Democrats will squawk, and all their criticisms and predictions will turn out to be right. But it hasn’t stopped you in the past, and it won’t in the future.
     
    • Winner Winner x 3
    • Funny Funny x 2
  2. EdwardBaiamonte
    Offline

    EdwardBaiamonte Platinum Member

    Joined:
    Nov 23, 2011
    Messages:
    31,399
    Thanks Received:
    1,295
    Trophy Points:
    1,080
    Ratings:
    +4,117
    obviously true since, low or high, corporations pass on their tax cost, like the cost of any raw material, in the price of their products. Customers actually pay the tax.

    We have the tax only to pander to the pure and perfect ignorance of liberals who think corporations can be made to pay their fair share!!
     
    • Winner Winner x 1
  3. JGalt
    Offline

    JGalt Platinum Member

    Joined:
    Mar 9, 2011
    Messages:
    10,379
    Thanks Received:
    2,170
    Trophy Points:
    380
    Location:
    North
    Ratings:
    +14,435
    It's bad enough that the hack piece you quoted was from the Washington Post, but seriously, Paul Waldman?

    He's a leftist clown. A buffoon. Waldman has nothing but utter contempt and hatred for anyone and everyone who has conservatives principles.

    Fer Christ's sake, Waldman is even a senior fellow with the radical unhinged left-wing organization Media Matters.
     
    • Funny Funny x 1
    • Winner Winner x 1
  4. Pete7469
    Offline

    Pete7469 Gold Member

    Joined:
    Mar 23, 2013
    Messages:
    15,779
    Thanks Received:
    3,347
    Trophy Points:
    280
    Location:
    The Real World
    Ratings:
    +18,103
    LOL...

    Another Deanturd troll thread...

    They somehow keep breaching new levels of absolute stupidity....

    At least they finally stopped bitching about Bush so far this week.



     
    • Funny and Agree!! Funny and Agree!! x 2
    • Agree Agree x 1
    • Funny Funny x 1
    • Winner Winner x 1
  5. Toddsterpatriot
    Offline

    Toddsterpatriot Diamond Member

    Joined:
    May 3, 2011
    Messages:
    40,041
    Thanks Received:
    5,043
    Trophy Points:
    1,830
    Location:
    Chicago
    Ratings:
    +19,517

    When Republicans put together their tax bill last year, it was not much of a surprise to see that its centerpiece was a gigantic corporate tax cut, lowering the statutory corporate rate from 35 percent down to 21 percent.

    Fuck yeah!!!
     
  6. deanrd
    Offline

    deanrd Gold Member

    Joined:
    May 8, 2017
    Messages:
    13,108
    Thanks Received:
    1,739
    Trophy Points:
    290
    Ratings:
    +11,127
    And what did you get?

    Oh, yea, nothing. And that's all you will ever get. Nothing.
     
    • Agree Agree x 1
  7. C_Clayton_Jones
    Offline

    C_Clayton_Jones Diamond Member

    Joined:
    Apr 28, 2011
    Messages:
    45,750
    Thanks Received:
    9,847
    Trophy Points:
    2,030
    Location:
    In a Republic, actually
    Ratings:
    +28,949
    Conservative economic dogma, the definition of insanity: doing the same thing over again expecting different results.
     
  8. Toddsterpatriot
    Offline

    Toddsterpatriot Diamond Member

    Joined:
    May 3, 2011
    Messages:
    40,041
    Thanks Received:
    5,043
    Trophy Points:
    1,830
    Location:
    Chicago
    Ratings:
    +19,517
    Stock buy backs and higher dividends......straight to my bottom line!!!
     
    • Winner Winner x 1
  9. Toddsterpatriot
    Offline

    Toddsterpatriot Diamond Member

    Joined:
    May 3, 2011
    Messages:
    40,041
    Thanks Received:
    5,043
    Trophy Points:
    1,830
    Location:
    Chicago
    Ratings:
    +19,517
    Because corporate tax rates have been cut repeatedly.

    DERP!
     
  10. deanrd
    Offline

    deanrd Gold Member

    Joined:
    May 8, 2017
    Messages:
    13,108
    Thanks Received:
    1,739
    Trophy Points:
    290
    Ratings:
    +11,127
    You're hilarious. Most stockholders don't live in trailers.

     

Share This Page