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The Shocking Math of the Republican Tax Plan
Topic Started: Nov 19 2017, 09:11 AM (567 Views)
The Inquisitor
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Robert Stout
Nov 19 2017, 04:47 PM
A real tax cut would allow me to buy a good used private aircraft.............. :nana:
B-17 or a B-29?....
Edited by The Inquisitor, Nov 19 2017, 06:08 PM.
Warning....Leftist's Post Here....Take Precautions
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Coast2coast

Republicans are not fooling anyone including themselves but they want a victory and whatever damage it will cause and whatever wool they can pull over their rabid base who are willing to be conned to make it happen they are going to do.

The sun-setting stunts alone they are admitting is a stunt for passage.

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The Inquisitor
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Coast2coast
Nov 19 2017, 06:48 PM
Republicans are not fooling anyone including themselves but they want a victory and whatever damage it will cause and whatever wool they can pull over their rabid base who are willing to be conned to make it happen they are going to do.

The sun-setting stunts alone they are admitting is a stunt for passage.

A tax cut worked for JFK, Reagan & Slick.... :oyvey
Warning....Leftist's Post Here....Take Precautions
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Attaburnsinhell

The Inquisitor
Nov 19 2017, 06:58 PM
Coast2coast
Nov 19 2017, 06:48 PM
Republicans are not fooling anyone including themselves but they want a victory and whatever damage it will cause and whatever wool they can pull over their rabid base who are willing to be conned to make it happen they are going to do.

The sun-setting stunts alone they are admitting is a stunt for passage.

A tax cut worked for JFK, Reagan & Slick.... :oyvey
When Kennedy cut taxes, the top rate was 72%, there was plenty of room to do that. Now it's bare bones, every tax cut results in higher deficits and debt. The interest costs on that debt negates more than is taken in generated revenue, so the debt just keeps piling up
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George Aligator
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Attaburnsinhell
Nov 20 2017, 06:22 AM
The Inquisitor
Nov 19 2017, 06:58 PM
Coast2coast
Nov 19 2017, 06:48 PM
Republicans are not fooling anyone including themselves but they want a victory and whatever damage it will cause and whatever wool they can pull over their rabid base who are willing to be conned to make it happen they are going to do.

The sun-setting stunts alone they are admitting is a stunt for passage.

A tax cut worked for JFK, Reagan & Slick.... :oyvey
When Kennedy cut taxes, the top rate was 72%, there was plenty of room to do that. Now it's bare bones, every tax cut results in higher deficits and debt. The interest costs on that debt negates more than is taken in generated revenue, so the debt just keeps piling up
You are quite correct about tax cuts raising the debt. The hidden solution is for corresponding cuts in Social Security and Medicare. Nobody in DC takes the growth rate solution seriously. It is going to be a big gulp for conservative deficit hawks to swallow this latest tax plan but the GOP has its back to the wall: they haven't delivered a dime to their billionaire donors and patience has run out. Either the big money boys get their tax cuts or the checkbooks slam shut on 2018. Ouch!
Conservatism is a social disease
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Attaburnsinhell

George Aligator
Nov 20 2017, 11:00 AM
Attaburnsinhell
Nov 20 2017, 06:22 AM
The Inquisitor
Nov 19 2017, 06:58 PM
Coast2coast
Nov 19 2017, 06:48 PM
Republicans are not fooling anyone including themselves but they want a victory and whatever damage it will cause and whatever wool they can pull over their rabid base who are willing to be conned to make it happen they are going to do.

The sun-setting stunts alone they are admitting is a stunt for passage.

A tax cut worked for JFK, Reagan & Slick.... :oyvey
When Kennedy cut taxes, the top rate was 72%, there was plenty of room to do that. Now it's bare bones, every tax cut results in higher deficits and debt. The interest costs on that debt negates more than is taken in generated revenue, so the debt just keeps piling up
You are quite correct about tax cuts raising the debt. The hidden solution is for corresponding cuts in Social Security and Medicare. Nobody in DC takes the growth rate solution seriously. It is going to be a big gulp for conservative deficit hawks to swallow this latest tax plan but the GOP has its back to the wall: they haven't delivered a dime to their billionaire donors and patience has run out. Either the big money boys get their tax cuts or the checkbooks slam shut on 2018. Ouch!
The biggest donors demanding this tax cut are the Koch brothers

These two psychos are the sons of the founder of the John Birch Society and have adapted his views to Ayn Rand Objectivism. Their libertarian based belief is to create Galt's Gulch by totally destroying the American commie socialist system of social security, medicare and pretty much the entire New Deal, and they're spending their inherited fortune to install an ultra rightwing congress to get it done

The American public are the guinee pigs for this dystopian experiment. If it goes through it will plunge the country into a state of prolonged depression
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BuckFan

estonianman
Nov 19 2017, 02:40 PM
BuckFan
Nov 19 2017, 01:59 PM
estonianman
Nov 19 2017, 01:29 PM
BuckFan
Nov 19 2017, 12:43 PM
The complaint is that this is a typical GOP tax plan - cut taxes for the rich and raise them on the poor.

How about a tax plan that really is innovative. Significantly cut taxes on the poor and middle class and raise taxes on the rich to pay for it. That will provide an immediate stimulus to the economy because the poor and middle class will immediately spend that extra money since they live paycheck to paycheck. That money will immediately be spent in the consumer economy which is the real engine that drives our economy.
The rich already pay the majority of the taxes.

What you are describing is what France did - causing every rich person to emigrate.
France seems to have plenty of rich people and home to many of the playgrounds of the rich.
TAKE YOUR PICK
And one of the countries they are moving to is the United States ... seems our taxes are not high enough to deter that.
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BuckFan

Attaburnsinhell
Nov 20 2017, 06:22 AM
The Inquisitor
Nov 19 2017, 06:58 PM
Coast2coast
Nov 19 2017, 06:48 PM
Republicans are not fooling anyone including themselves but they want a victory and whatever damage it will cause and whatever wool they can pull over their rabid base who are willing to be conned to make it happen they are going to do.

The sun-setting stunts alone they are admitting is a stunt for passage.

A tax cut worked for JFK, Reagan & Slick.... :oyvey
When Kennedy cut taxes, the top rate was 72%, there was plenty of room to do that. Now it's bare bones, every tax cut results in higher deficits and debt. The interest costs on that debt negates more than is taken in generated revenue, so the debt just keeps piling up
And Reagan had to raise taxes after his cut.
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thoughtless
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George Aligator
Nov 19 2017, 10:23 AM
It is hard to see how this latest bit of legislative goulash is going to slide past Senate Republicans. The Kochs, the Mercers and the other GOP donors have laid it on line: no tax cut for billionaires means no money for the 2018 elections. Along with the low approval of the GOP, a cutoff of money would spell a Democratic wave and the almost certain impeachment of Trump before 2020. It is beginning to look like the end of the trail for the conservative movement begun by Ronald Reagan. Robert Stout will probably continue to post here but his shot at governor of Arizona will be gone forever.
It's ironic that the Citizens United court decision has Republican's caught between a rock and a hard place.

I've you're a Republican that wants to stay in office, you may have to choose between alienating the billionaires that pay for your campaign, or the folks that would vote for you. You can't please both.
Without geometry, life is pointless.
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nNeo

thoughtless
Nov 20 2017, 01:51 PM
I've you're a Republican that wants to stay in office, you may have to choose between alienating the billionaires that pay for your campaign, or the folks that would vote for you. You can't please both.
So you please the donors, then lie to the voters that it's for their own good. Fox and Limbaugh have your back, and will swear it's the right thing to do. MAGA (millionaires are getting ahead).
“Strong people don’t need strong leaders.”
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Robert Stout
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Attaburnsinhell
Nov 20 2017, 12:53 PM
George Aligator
Nov 20 2017, 11:00 AM
Attaburnsinhell
Nov 20 2017, 06:22 AM
The Inquisitor
Nov 19 2017, 06:58 PM
Coast2coast
Nov 19 2017, 06:48 PM
Republicans are not fooling anyone including themselves but they want a victory and whatever damage it will cause and whatever wool they can pull over their rabid base who are willing to be conned to make it happen they are going to do.

The sun-setting stunts alone they are admitting is a stunt for passage.

A tax cut worked for JFK, Reagan & Slick.... :oyvey
When Kennedy cut taxes, the top rate was 72%, there was plenty of room to do that. Now it's bare bones, every tax cut results in higher deficits and debt. The interest costs on that debt negates more than is taken in generated revenue, so the debt just keeps piling up
You are quite correct about tax cuts raising the debt. The hidden solution is for corresponding cuts in Social Security and Medicare. Nobody in DC takes the growth rate solution seriously. It is going to be a big gulp for conservative deficit hawks to swallow this latest tax plan but the GOP has its back to the wall: they haven't delivered a dime to their billionaire donors and patience has run out. Either the big money boys get their tax cuts or the checkbooks slam shut on 2018. Ouch!
The biggest donors demanding this tax cut are the Koch brothers

These two psychos are the sons of the founder of the John Birch Society and have adapted his views to Ayn Rand Objectivism. Their libertarian based belief is to create Galt's Gulch by totally destroying the American commie socialist system of social security, medicare and pretty much the entire New Deal, and they're spending their inherited fortune to install an ultra rightwing congress to get it done

The American public are the guinee pigs for this dystopian experiment. If it goes through it will plunge the country into a state of prolonged depression
The original members of the John Birch Society now have Medicare and are collecting Social Security....Their targets for social change are now less ambitious.......... :oyvey
Jesus can raise the dead, but he can't fix stupid
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thoughtless
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Robert Stout
Nov 19 2017, 04:47 PM
A real tax cut would allow me to buy a good used private aircraft.............. :nana:
If the senate bill gets passed, the plane will be tax deductible.
Without geometry, life is pointless.
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Robert Stout
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The Inquisitor
Nov 19 2017, 06:08 PM
Robert Stout
Nov 19 2017, 04:47 PM
A real tax cut would allow me to buy a good used private aircraft.............. :nana:
B-17 or a B-29?....
I was thinking something along the lines of a Cessna 150............ :dunno:
Jesus can raise the dead, but he can't fix stupid
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