Senate passes sweeping climate bill that attacks inflation

[Missouri_Mike]

Yeah, the repub party screwed over those with diabetes when they removed the price freeze on insulin. But....that is what they do.

How do you do a price freeze during 10% inflation? They will just stop making it. Which surely will be better for diabetics. We’re you in the same economics class as Caesar Chavez and AOC?

 

[22lcidw]

The MAGA cult is upset because the 1%ers did not get a hand out, like they did in the trump years.

To me it's the peasants that did not get a tax cut out of this. Special interest won again. We are worth about 10% less than last year and more than that since the installation of Biden. What happened to you guys? You always spouted about the importance of the working man. And the truth is you are good only to approved groups. The anti-white crap is disgusting. There are many people who worked like jackasses in their life who are white. And they are taking the brunt of this globalist destruction.

 

[JimH52]

Feel free to post the actual passed portion.

https://www.washingtonpost.com/business/how-the-15percent-us-minimum-corporate-tax-would-work/2022/08/05/5f8754ba-14cf-11ed-8482-06c1c84ce8f2_story.html

 

[bripat9643]

102 billion dollars isn't "nada" stupid.

That amount is total bullshit. It's based on phony accounting.

 

[expat_panama]

Dimm's are economic dolts getting free license to pick the average citizen's pocket under this bill.

Maybe I should be the first to admit that I way over simplified the history there, but I got pissed when I saw the made up story about the supposed "drop" in receipts.

Back in '08, the candidate Obama was specifically asked why should he raise corporate income taxes if the raise would lower revenue, and his reply was "it's a question of fairness". I can sort of respect the logic, it's consistent. Like, it's ok to lower receipts so long as we're sticking it to the rich fat cats.

We got to respect the logic even while we don't respect the thinking.

 

[pknopp]

https://www.washingtonpost.com/business/how-the-15percent-us-minimum-corporate-tax-would-work/2022/08/05/5f8754ba-14cf-11ed-8482-06c1c84ce8f2_story.html

I know how it would work. That is from two days ago. That is not what passed.

 

[JimH52]

I know how it would work. That is from two days ago. That is not what passed.

Then Google it.....

 

[pknopp]

Then Google it.....

I noted the last I saw..........you said it was in there. It's up to you to back that up.

 

[Freedomisneverfree]

How stupid does anyone have to be to believe that anything in this bill will have any effect other than to make inflation even worse?

HORRENDOUS decision with almost a TRILLION MORE Dollars added to the recession and sad economy. ONLY an idiot like Biden would do MORE financial destruction to our country.

 

[Jim H - VA USA]

Senate OKs sweeping bill lowering drug prices and promoting clean energy, setting up major Biden win

After a year of negotiations on President Joe Biden's domestic agenda, Democrats passed legislation tackling climate, taxes and health care.

www.usatoday.com

So Biden gets a big win. How will FOX news make this bad news?

 

[gmeyers1944]

Are you a corporation?

Are you rich?

No?

Then you ain't gonna get taxed any more than you are already

One thing you need to realize. Corporations don't pay taxes! You pay the corporation's taxes when you buy what they sell. You don't get taxed any more but you have to deal with higher prices to pay for the corporation's taxes!

 

[Lesh]

These fucking wing nuts know less about this than they knew about the Burn Pit Bill and oppose it for the same fucking reason

They've been told to

 

[MarcATL]

Senate OKs sweeping bill lowering drug prices and promoting clean energy, setting up major Biden win

After a year of negotiations on President Joe Biden's domestic agenda, Democrats passed legislation tackling climate, taxes and health care.

www.usatoday.com

So Biden gets a big win. How will FOX news make this bad news?

What's "sweeping" about it?

 

[Lesh]

One thing you need to realize. Corporations don't pay taxes! You pay the corporation's taxes when you buy what they sell. You don't get taxed any more but you have to deal with higher prices to pay for the corporation's taxes!

That's corporate propaganda. They pay good money to feed you that shit

 

[JimH52]

I noted the last I saw..........you said it was in there. It's up to you to back that up.

Go Fish!

 

[basquebromance]

on climate, this is not exactly a solution as big as the problem...we need a solution as big as the gigantic problem

 

[JimH52]

These fucking wing nuts know less about this than they knew about the Burn Pit Bill and oppose it for the same fucking reason

They've been told to

They Google repub party talking points.

 

[Toddsterpatriot]

Back in '08, the candidate Obama was specifically asked why should he raise corporate income taxes if the raise would lower revenue, and his reply was "it's a question of fairness". I can sort of respect the logic, it's consistent. Like, it's ok to lower receipts so long as we're sticking it to the rich fat cats.

That was in regard to capital gains taxes, not corporate taxes.
Any time you can stick it to the rich by collecting less taxes, morons will say yes.

 

[gmeyers1944]

That's corporate propaganda. They pay good money to feed you that shit

You don't need to be a genius to figure out that when expenses go up, (taxes are an expense) prices need to go up or you go out of business! Calling the truth propaganda doesn't make it so!

 

[gmeyers1944]

That was in regard to capital gains taxes, not corporate taxes.
Any time you can stick it to the rich by collecting less taxes, morons will say yes.

That makes no sense at all!