Reasonable
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- Feb 9, 2017
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But but but Trump said heāll lose a lot of money with this tax bill.
How many trump whores have you heard call him out on this lie?
'It just seems wrong.' GOP rep admits tax scam he voted for rips off working people
- Thread starter ScienceRocks
- Start date
How many trump whores have you heard call him out on this lie?
Reasonable
Gold Member
- Feb 9, 2017
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- #82
This fraud believes the governmentās take on this bill.
The federal government.
No really.
Reasonable
Gold Member
- Feb 9, 2017
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- #83
Remember when the GOP called themselves the party of fiscal responsibility?
I know... that was a long time ago.
Itās now gimme gimme gimme... **** everyone else.
Well...in the end..I think it is just old-fashioned greed...The fact that it is billed as a stimulus...by the same people who will tell about how this economy is the best in thirty+ years--is very telling---it is a fact, however..that most politicians in Congress..even the Democratic ones..will do very well indeed from this bill:
Opinion | Passing Through to Corruption
"Unless something drastic happens, this will be the week Republicans ram through a tax cut that adds more than a trillion dollars to federal debt while undermining health care for millions. They will do so by violating all previous norms for major legislation, having held not a single hearing and rushed to a vote before the new senator from Alabama could be seated.
The question is, why are they doing this? For this bill isnāt just a policy crime; it also seems to be a political mistake. It will, however, be good, one way or another, for the bank accounts of quite a few Republican members of Congress. Is that why it will pass?
About the politics: Normally, politicians willing to add a trillion dollars to the debt can hand out enough goodies to make their plans popular, at least for a while. The George W. Bush tax cuts heavily favored the rich over the middle class, but they contained enough clear middle-class tax cuts to have broad public approval, at least at first.
This bill, however, faces heavy disapproval. Ordinary voters may not be able to parse all the details, but they have figured out that this bill is a giveaway to corporations and the wealthy that will end up hurting most families. This negative view isnāt likely to change.
Nevertheless, Republicans have persisted. Why?
One answer may be that they really believe that tax cuts will unleash a huge economic boom. Thereās almost complete consensus among experts that it will do no such thing ā but the G.O.P. has been waging war on expertise in all fields. (Among the terms reportedly banned by the Centers for Disease Control and Prevention are āevidence basedā and āscience based.ā)
So you get people like the Republican congressman who told CNBCās John Harwood that his colleagues told him there are models predicting huge gains (there arenāt), that he doesnāt know what those models are, but that he trusts his partyās line."
Raw bribery probably isnāt the issue, although insider trading based on close relationships with companies affected by legislation may be a much bigger deal than most realize. But the revolving door is an even bigger deal. When members of Congress leave their positions, voluntarily or not, their next jobs often involve lobbying of some kind. This gives them an incentive to keep the big-money guys happy, never mind what voters think.
One perverse effect of this incentive is that recent G.O.P. electoral losses may have strengthened the partyās determination to do unpopular things. Suppose you represent a mildly Republican-leaning district in, say, California or New York. Given what looks like a building Democratic wave, your odds of keeping that seat next year look low whatever you do ā so itās time to focus on pleasing your future employers on K Street.
And when it comes to the Senate, bear in mind that many senators are personally wealthy, meaning that they might be swayed by policies that enhance their personal fortunes. Which brings us to the āCorker kickback.ā
Senator Bob Corker, citing concerns about the deficit, was the only Republican to vote against the Senate version of the tax bill. Now, however, he says he will vote for a final version that is no better when it comes to fiscal probity. What changed?
Well, one thing that changed was the insertion of a provision that wasnāt in the Senate bill: Real estate companies were added to the list of āpass-throughā businesses whose owners will get sharply lower tax rates. These pass-through provisions are arguably the worst feature of the bill. They will open the tax system to a huge amount of gaming, of exploiting legal loopholes to avoid tax."
Opinion | Passing Through to Corruption
"Unless something drastic happens, this will be the week Republicans ram through a tax cut that adds more than a trillion dollars to federal debt while undermining health care for millions. They will do so by violating all previous norms for major legislation, having held not a single hearing and rushed to a vote before the new senator from Alabama could be seated.
The question is, why are they doing this? For this bill isnāt just a policy crime; it also seems to be a political mistake. It will, however, be good, one way or another, for the bank accounts of quite a few Republican members of Congress. Is that why it will pass?
About the politics: Normally, politicians willing to add a trillion dollars to the debt can hand out enough goodies to make their plans popular, at least for a while. The George W. Bush tax cuts heavily favored the rich over the middle class, but they contained enough clear middle-class tax cuts to have broad public approval, at least at first.
This bill, however, faces heavy disapproval. Ordinary voters may not be able to parse all the details, but they have figured out that this bill is a giveaway to corporations and the wealthy that will end up hurting most families. This negative view isnāt likely to change.
Nevertheless, Republicans have persisted. Why?
One answer may be that they really believe that tax cuts will unleash a huge economic boom. Thereās almost complete consensus among experts that it will do no such thing ā but the G.O.P. has been waging war on expertise in all fields. (Among the terms reportedly banned by the Centers for Disease Control and Prevention are āevidence basedā and āscience based.ā)
So you get people like the Republican congressman who told CNBCās John Harwood that his colleagues told him there are models predicting huge gains (there arenāt), that he doesnāt know what those models are, but that he trusts his partyās line."
Raw bribery probably isnāt the issue, although insider trading based on close relationships with companies affected by legislation may be a much bigger deal than most realize. But the revolving door is an even bigger deal. When members of Congress leave their positions, voluntarily or not, their next jobs often involve lobbying of some kind. This gives them an incentive to keep the big-money guys happy, never mind what voters think.
One perverse effect of this incentive is that recent G.O.P. electoral losses may have strengthened the partyās determination to do unpopular things. Suppose you represent a mildly Republican-leaning district in, say, California or New York. Given what looks like a building Democratic wave, your odds of keeping that seat next year look low whatever you do ā so itās time to focus on pleasing your future employers on K Street.
And when it comes to the Senate, bear in mind that many senators are personally wealthy, meaning that they might be swayed by policies that enhance their personal fortunes. Which brings us to the āCorker kickback.ā
Senator Bob Corker, citing concerns about the deficit, was the only Republican to vote against the Senate version of the tax bill. Now, however, he says he will vote for a final version that is no better when it comes to fiscal probity. What changed?
Well, one thing that changed was the insertion of a provision that wasnāt in the Senate bill: Real estate companies were added to the list of āpass-throughā businesses whose owners will get sharply lower tax rates. These pass-through provisions are arguably the worst feature of the bill. They will open the tax system to a huge amount of gaming, of exploiting legal loopholes to avoid tax."
ScienceRocks
Democrat all the way!
- Thread starter
- Banned
- #85
They have always been the party of the rich and corporations. They supported the outsourcing and offshoring all along as they ripped down the unions.
Now they're no longer happy with corporations going to other countries...They want to turn the goddamn peasants into serfs right here at home.
buckeye45_73
Lakhota's my *****
- Jun 4, 2011
- 33,888
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Only if you itemize, which you agreed that poor and middle income people don't do it. too much time and money to do all that. the less deductions the better, if we have a tax rate, we should pay the rate......stop with all the loopholes and bullshit
buckeye45_73
Lakhota's my *****
- Jun 4, 2011
- 33,888
- 7,486
- 1,130
wrong, we hated unions because they were lazy entitled people who didn't want to work.
As for the offshore shit, that's your global new world order and free trade, that the republicans and democrats made happen.
We said nope, we tried it, it failed.......thank you for backing the Trumpster
OnePercenter
Gold Member
- Apr 10, 2013
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In Nevada, 99.6% of those making 645K or more receive a tax cut, and 82% of those making 50K or less receive a tax cut.
"Those people" after January 1, 2018, create a corporation that buys their house. They pay the corporation rent, making them eligible for renters credit in California.
Pay is handled by filing as independent contractors.
OnePercenter
Gold Member
- Apr 10, 2013
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The issue is the Republican tax plan.
OnePercenter
Gold Member
- Apr 10, 2013
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Thank you. That proves my point that American workers don't make enough money.
imawhosure
Platinum Member
- Apr 25, 2015
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Yep, and we got a twofer------------->a tax plan, AND repeal of the incompetent mandate at one time. Efficiency, efficiency-) Wait until we get the wall, AND the elimination of chain migration at the same time, lol. Most of the leftists will need digitalis to wake up the next morning!
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