The unintended consequences of the GOP's Tax Cuts for the rich.

[miketx]

One of the unintended consequences are all these right wingers saying the most bizarre things.. They are celebrating, uh, what are they celebrating? It's hard to know exactly.

Even if we 'splained it to you in one and two syllable words you wouldn't understand, at least that's the lie you would use to explain your refusal too.

 

[busybee01]

Well, you might have a point about the infrastructure bill. From what I gather though; and I've been following U.S politics very closely over the last 2+ years since I started reaching out to your government, is that Trump will be looking for partnerships in development. This probably means private businesses taking on some of the costs of infrastructure development, how exactly that looks I don't know.

As for people losing healthcare, he is just relieving the system of those who do not want to be in Obamacare. Primarily younger, healthier people, who can still qualify for insurance elsewhere.

Businesses are not leaving, on the contrary. You can expect a massive injection of private capital when the tax rate drops. A great deal of this money will be put to use, more than usual rather than buybacks or dividends because the return on investment is higher in a booming economy, more disposable income to be spent by citizens and fought for by businesses. So, winning businesses will expand, win marketshare and set themselves up for long term success, losing companies will play it safe, stagnate and not compete.

This Bill has some weaknesses, I think lower rates for the middle class would have been more ideal, but $2k a year savings for a family is a big deal. Especially when this is returned at tax time. I also think the write offs for Cali and NY should have been taken away altogether, as it were, the highest earning homeowners in these states will be hit hardest. A win/win for democrats who think they should pay more, right?

As for Cali and NY, what can one say? They cannot expect the rest of America to fund their socialism. Socialism is only beneficial to those with access to government. Cronies. They now have to decide, many millions for sanctuary cities and boondoggles, or try and balance the budget. Respect the taxpayer or businesses will leave.

God Bless America. Get 'er done Trump!

Healthy people will leave the exchanges which means premiums will go up. That means many people who want insurance will be forced to drop it because it will be too expensive. The CBO projects a 10% increase in premiums which will belong to Republicans. If those healthy people get sick, they will be looking to get a insurance policy to pay for it.

Businesses have been coming back to this country since Obama has been President. That shows that the US has advantages for businesses no matter whether the President is Trump or Obama.

The fact is that the upper middle class will be paying more in taxes. California and NY pay a great deal in taxes to the federal government yet they get back less than $1 for every $1 they contribute. Red states get more than $1 back for every $1 they contribute. Maybe states should be allowed to keep more of that money. You are nothing but a hatemonger. You are a SOCIALIST!!

 

[ThunderKiss1965]

Ah, where to begin?

First, there will never be an infrastructure bill. That's gone.

With over a trillion in new debt added, even the thought of any infrastructure investment is over. Gone. Kaput.

Millions will lose healthcare, the cost will go up for everyone else, this will spark a new recession. One that will be much harder to get out of.

The lack of any infrastructure investment will make it harder to get out of the recession.

With a new recession and the lack of infrastructure, more business will leave America to produce and sell elsewhere.

There will be new marches and probably riots.

What's coming won't be pretty. Not to anyone except Putin.

How does infrastructure investment solve a recession ?

 

[Remodeling Maidiac]

Ah, where to begin?

First, there will never be an infrastructure bill. That's gone.

With over a trillion in new debt added, even the thought of any infrastructure investment is over. Gone. Kaput.

Millions will lose healthcare, the cost will go up for everyone else, this will spark a new recession. One that will be much harder to get out of.

The lack of any infrastructure investment will make it harder to get out of the recession.

With a new recession and the lack of infrastructure, more business will leave America to produce and sell elsewhere.

There will be new marches and probably riots.

What's coming won't be pretty. Not to anyone except Putin.

A recession you say? That's the same stupid shit you predicted would happen if Trump won the election. Of course it never happened and you left the board like a whipped puppy only to return months later under a new user name.

How bout when your prediction fails again you stay gone this time?

 

[deanrd]

Well, you might have a point about the infrastructure bill. From what I gather though; and I've been following U.S politics very closely over the last 2+ years since I started reaching out to your government, is that Trump will be looking for partnerships in development. This probably means private businesses taking on some of the costs of infrastructure development, how exactly that looks I don't know.

As for people losing healthcare, he is just relieving the system of those who do not want to be in Obamacare. Primarily younger, healthier people, who can still qualify for insurance elsewhere.

Businesses are not leaving, on the contrary. You can expect a massive injection of private capital when the tax rate drops. A great deal of this money will be put to use, more than usual rather than buybacks or dividends because the return on investment is higher in a booming economy, more disposable income to be spent by citizens and fought for by businesses. So, winning businesses will expand, win marketshare and set themselves up for long term success, losing companies will play it safe, stagnate and not compete.

This Bill has some weaknesses, I think lower rates for the middle class would have been more ideal, but $2k a year savings for a family is a big deal. Especially when this is returned at tax time. I also think the write offs for Cali and NY should have been taken away altogether, as it were, the highest earning homeowners in these states will be hit hardest. A win/win for democrats who think they should pay more, right?

As for Cali and NY, what can one say? They cannot expect the rest of America to fund their socialism. Socialism is only beneficial to those with access to government. Cronies. They now have to decide, many millions for sanctuary cities and boondoggles, or try and balance the budget. Respect the taxpayer or businesses will leave.

God Bless America. Get 'er done Trump!

You said: You can expect a massive injection of private capital when the tax rate drops.

You have to know that was the save exact thing that was said after the massive deficit creating Bush Tax Cuts for the Rich.
And it didn't happen.

The definition of insanity is doing the same thing over again and expecting different results.