What I miss most about Carter was the 13% Unemployment and the 21% home loans.
Well, you can thank Nixon, Ford, and shitty Conservative Fed policy that began in the early 70's.
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What I miss most about Carter was the 13% Unemployment and the 21% home loans.
Well, you can thank Nixon, Ford, and shitty Conservative Fed policy that began in the early 70's.
And it punishes Blue States for daring to have services Red States can't pay for..so there's that!!
Does the huge font make up for the shortcomings your post?
Take California, yep, they give away and commit to BILLIONS/TRILLIONS in giveaways for which they are DEEPLY in debt. While they are deeply in debt, they are going ahead with a useless trillion dollar highspeed rail system. The price of which skyrockets every time they have a new estimate.
We in Florida have all the necessary safety nets but we wisely passed on Obama's offer to chip in a few billion if we also built a worthless highspeed rail. Our government employee retirement plan is well funded. California is trillions in debt. How is theirs doing?
What?All Democrats need to stand on soap boxes and proudly repeat your view the middle class does need need any more of their hard earned income in their pockets.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.
And it punishes Blue States for daring to have services Red States can't pay for..so there's that!!
Does the huge font make up for the shortcomings your post?
Take California, yep, they give away and commit to BILLIONS/TRILLIONS in giveaways for which they are DEEPLY in debt. While they are deeply in debt, they are going ahead with a useless trillion dollar highspeed rail system. The price of which skyrockets every time they have a new estimate.
We in Florida have all the necessary safety nets but we wisely passed on Obama's offer to chip in a few billion if we also built a worthless highspeed rail. Our government employee retirement plan is well funded. California is trillions in debt. How is theirs doing?
I'm not going to do the California thing one more time..I live in Idaho...I'm just pointing out what everyone knows..that the Blue states will be adversely affected..and that warms the cockles of the right's hearts. Admit it or not.
Truthfully, I doubt that this bill is going to pass, now that they've proposed eliminating the Obamacare mandate. The same people that killed the ACA will kill the tax bill...which is good..because i was kinda for it..until it was revealed that the corporate tax cuts were permanent..and the individual cuts temporary. Oh, and when I learned that mandatory Medicare cuts would be implemented..because more was going out..and the revenue coming in would not make up the difference.
Just too much underhanded BS..by the Repubs...for me to stomach.BTW..kinda blind..thus the large font..sorry.
And it punishes Blue States for daring to have services Red States can't pay for..so there's that!!
Does the huge font make up for the shortcomings your post?
Take California, yep, they give away and commit to BILLIONS/TRILLIONS in giveaways for which they are DEEPLY in debt. While they are deeply in debt, they are going ahead with a useless trillion dollar highspeed rail system. The price of which skyrockets every time they have a new estimate.
We in Florida have all the necessary safety nets but we wisely passed on Obama's offer to chip in a few billion if we also built a worthless highspeed rail. Our government employee retirement plan is well funded. California is trillions in debt. How is theirs doing?
I'm not going to do the California thing one more time..I live in Idaho...I'm just pointing out what everyone knows..that the Blue states will be adversely affected..and that warms the cockles of the right's hearts. Admit it or not.
Truthfully, I doubt that this bill is going to pass, now that they've proposed eliminating the Obamacare mandate. The same people that killed the ACA will kill the tax bill...which is good..because i was kinda for it..until it was revealed that the corporate tax cuts were permanent..and the individual cuts temporary. Oh, and when I learned that mandatory Medicare cuts would be implemented..because more was going out..and the revenue coming in would not make up the difference.
Just too much underhanded BS..by the Repubs...for me to stomach.BTW..kinda blind..thus the large font..sorry.
Anyone can adjust the size of their text on their computer. If that were true, you could not read the posts on this forum.
We're supposed to believe you? You jest.
I don't know where to start with this. First of all, you apparently don't know what a Conservative is. At this time, Conservatives have very little power in the GOP. IT's predominately establishment Republicans and Nationalist-Populists who control the agenda. Conservative voices have been relegated to the back seat for now.
How do crazy angry lefties get away with the term "budget busting" when Barry Hussein busted the budget
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.
At this point, anyone still believing trickle down bullshit is either a complete imbecile, or a propagandist.
Having clarified that major error, I can tell you that MOST Conservatives aren't pleased with either the House or Senate tax plan. However, it's not for the same cockamamie reasons you leftards are opposed. You see, all you are doing is parroting what you've heard on TV from your mentors on the left. You have not one clue about which you speak. You're basically a borderline retard who relies on someone else to tell you what to think.
These "deductions" you are all now whining and moaning about, are precisely what you called "loopholes" just a few years ago, and claimed the tax code was full of these and it advantaged the wealthy over the 99%. Now that Republicans are proposing eliminating them, you've suddenly became in favor of them! For instance, they proposed a cap on mortgage interest deduction... so that, you know, "evil rich people" who live in million-dollar mansions, can't claim but so much of their interest-- but suddenly, that's a BAD thing! And it's mostly the upper middle class who itemize deductions anyway. The lower middle and poor will generally take the standard deduction, which is to be DOUBLED!
TThen you just roll into outright lies and falsehoods about EIC. It's actually being expanded. So your entire rant is full of absolute bullshit... from the understanding of what Conservatism is to the actual bill being proposed by feckless Republicans who probably won't get it passed, even without the 60-vote requirement.
I don't know where to start with this. First of all, you apparently don't know what a Conservative is. At this time, Conservatives have very little power in the GOP. IT's predominately establishment Republicans and Nationalist-Populists who control the agenda. Conservative voices have been relegated to the back seat for now.
No they haven't. The only distinction between all these groups is the volume and rancor at which they convey their message. All of them believe the same stupid shit. Some of them are just more overt about their bigotry and idiocy than others, but when it comes down to it, they're all the same people. For fuck's sake, the "Conservative" pick from Trump to head the DoT was Bush the Dumber's DoT secretary.
The definition of what a "Conservative" is changes depending on how your individual argument is faring on a message board. According to you people, everyone is a Conservative up until you decide they aren't. And you only decide they aren't because you don't want to impugn the already tainted label of "Conservative" with the failures that come from Conservative policy. For instance, Conservatives 100% supported Bush the Dumber for his 8 years. It was only after the wreckage that Conservatives suddenly started saying Bush wasn't one of them. Only after Conservative policies erased a surplus, quagmired us in two unwinnable wars of occupation, collapsed the economy, lost jobs, and doubled the debt did Conservatives cast Bush the Dumber out. But while he was pushing those disastrous policies Conservatives were behind him 100%.
So you can try to make a semantic argument over the definition of "Conservative", moving those goalposts so you don't have to be held to account for the failures of your belief system, but I'm not going to let you make such a silly argument. Conservatives supported and elected Bush. Conservatives supported and elected Trump. You own both. Deal with it.
Eliminating state tax deductions evens the playing field among the states
All taxpayers pay generally the same amount of state taxes regardless of where they reside.
States with an income tax have the benefit of a deduction not available to the residents in states without an income tax. So overall I pay the same amount of taxes in a state with an income tax but I get nothing to deduct.
"Trickle down" is exactly how all free market capitalist systems work.
The problem is, what YOU favor could be aptly called "trickle up" economics. Whereby, we all collectively give over our earnings to the Big Government Nanny State who then disperses what it deems we need. This system generally ends with thousands lined up in front of an open ditch awaiting a bullet to the back of the head.
Again, you're just plain wrong
Conservatives certainly didn't support Bush or his policies
, in fact, that's where the Tea Party started! Bush and his father weren't Conservatives. It was Bush Sr. who coined the phrase "voodoo economics" to describe Reagan's economic policies and he did everything he could to undermine those policies as president. Dubya was a social conservative populist. His economic principles and policies were not conservative.
So what is it about this tax plan you don't like, precisely? You don't say. As usual, when it comes to depth the Conservative comes up real shallow. I don't expect you guys to make thoughtful, supported arguments about anything. They're always emotional arguments with you people. There's no economic or fiscal benefit to these tax cuts. Even the CEO's say that cutting corporate taxes isn't going to spur them to invest in their companies, and this was made hilariously clear just a couple days ago when Gary Cohn, your guy Trump's chief economic adviser, asked a room of CEO's to raise their hands if they would "invest" in their companies if those companies got a tax cut. The overwhelming majority of those CEO's didn't raise their hands....the video from the WSJ is painful if you're a Conservative married to trickle down dogma. How very humiliating. But not unexpected. Of course a business isn't going to hire people just because they got a tax cut. And anyone with even cursory knowledge of economics would know that.
The elimination of individual deductions is why taxes for at least half of those making up to $100K will go up. BTW - the Conservatives didn't eliminate deductions for corporations...for instance, in this Conservative tax plan, an elementary school teacher wouldn't be able to deduct supplies (pens, pencils, paper, general stuff) for their students, yet corporations would be able to deduct those exact same supplies for themselves. This was also made hilariously clear (and painful) during the House Congressional Committee's hearings (more video). So the only "loopholes" you guys want to eliminate are those that help the middle class. You keep all those same loopholes for corporations. Just curious, why?
No, it's not being expanded. It's being eliminated and replaced with a doubling of the standard deduction. But that doubling of the standard deduction isn't going to cover the loss of deductions for individuals like the medical cost deductions, mortgage interest deductions, state and local tax deductions, student loan interest deduction, child tax credit, adoption tax credit, and dozens and dozens of other deductions the middle class needs. However, no deductions have been eliminated for corporations, which is puzzling. How come?
Okay.. So, the past 10 years or so, you've all been telling us that CEOs are evil rich bastards who don't give a damn about anyone but themselves, lining their pockets with million dollar bonuses and golden parachutes on the backs of their poor workers who they pay slave wages to--- Now, all of a sudden, they are the bellwether on who we need to listen to regarding tax policy?
Why would a corporate CEO want to change US tax policy to open up more competition in the marketplace? And why would a liberal want to listen to what a CEO wants? Your rhetoric has become so convoluted you aren't making any sense.
You think opposing the bailout retroactively means you opposed the things that caused the bailout?
Seems like Conservatism has an identity crisis...or you do. I doubt you can even explain your positions and policies. All you do is make knee-jerk reactions to things and then try to revise history to pretend you didn't.
Most school teachers don't itemize deductions...Most US taxpayers use the standardized deduction. It's only the wealthy and upper middle class who itemize deductions, which you previously decried as "loopholes" that gave them an unfair advantage over the 99%. So again, you are contradicting your past rhetoric here. Either you want to eliminate "loopholes" (i.e.; tax deductions) or you don't.
they take the standard individual deduction which is doubled under the new plan.