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Public opposition to tax bill grows as vote approaches

j-mac said:
I appreciate your response here. And although I disagree profoundly that putting more money back in my pocket is bad for me, and that mandating someone to purchase a product offered by a private company under the force of law, in the end we will have to see what transpires when upwards of 80% to 90% start seeing more in their take home pay as early as February.
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You're right about that. I think the immediate and temporary effects of the tax bill will provide an initial uptick in its favorability and in the Republican party's popularity. I hope that Americans have longer and clearer perspectives than that, though, and that they will consider the ultimate effects of the bill. Time will tell.
 
MateoMtnClimber said:
You're right about that. I think the immediate and temporary effects of the tax bill will provide an initial uptick in its favorability and in the Republican party's popularity. I hope that Americans have longer and clearer perspectives than that, though, and that they will consider the ultimate effects of the bill. Time will tell.
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They've got a steep uphill from here...Already there is talk about trying to make the cuts permanent, and on top of the they want to do infrastructure, and Entitlement reform...All badly needed, but after the previous administrations doubling of the national debt in two terms, something he claimed was "un American", we are going to have to use that credit card some more.
 
j-mac said:
They've got a steep uphill from here...Already there is talk about trying to make the cuts permanent, and on top of the they want to do infrastructure, and Entitlement reform...All badly needed, but after the previous administrations doubling of the national debt in two terms, something he claimed was "un American", we are going to have to use that credit card some more.
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I'm determined to get along with you more than I am determined to react to that bait. Happy New Year, j-mac.
 
Gaea said:
I'm going to be honest, tres. I find it baffling that you are criticizing the Republicans for writing a tax bill that massively benefits the rich... when every tax cut they've ever written has done this. (Well, at least in my lifetime.)

Well, that's not the part that confounds me. It's the part where you say that you want them to remain in power that really gets me.

Why? Cutting taxes on obscenely rich people is their modus operandus. And has been since Gingrich became the House Speaker.

If you don't think that they should be cutting taxes primarily on the oligarchs in our country, then, well, I hate to say it but you've become a RINO.
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Actually the Bush tax cuts didn't benefit the rich to this degree. I know it because my husband and I didn't benefit from it. And we are not rich. And the Reagan tax cuts also benefitted people other than the rich.

I am a RINO if by definition today's Republican Party is the party of Trump. I'm not part of the Trump Party and never will be.
 
tres borrachos said:
Actually the Bush tax cuts didn't benefit the rich to this degree. I know it because my husband and I didn't benefit from it. And we are not rich. And the Reagan tax cuts also benefitted people other than the rich.

I am a RINO if by definition today's Republican Party is the party of Trump. I'm not part of the Trump Party and never will be.
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The Bush tax cuts directed stunning tax benefits to high-income households over the last nine years:

If one adds up the average tax cuts that households with incomes between $200,000 and $500,000 received in each of the last nine years, the total exceeds $74,000.
The sum of the average annual tax cuts delivered to households with incomes between $500,000 and $1 million exceeds $189,000 over the last nine years.
The sum of the average annual tax cuts delivered to households with incomes over $1 million in each of the last nine years exceeds $1.1 million. The average tax cut these individuals received was more than $110,000 in each of these years.
[...]
The Tax Policy Center estimates show that in each of the years from 2004 to 2012, the Bush tax cuts boosted the after-tax incomes of high-income households by a much greater percentage than they did for low-income households.
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https://www.cbpp.org/research/bush-...nefits-to-wealthiest-americans-over-last-nine

The 2001 and 2003 tax cuts also phased out the estate tax, repealing it entirely in 2010.
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3-31-17tax-f1.png

https://www.cbpp.org/research/federal-tax/the-legacy-of-the-2001-and-2003-bush-tax-cuts

Bush's tax cuts ABSOLUTELY benefited the wealthiest Americans disproportionately.

That's not to say that the new tax bill doesn't demonstrate an even more stark difference - but the Bush tax cuts at least received bipartisan support (12 Dem senators voted for the 1st tax cut & 2 voted for the 2nd one)
 
j-mac said:
They've got a steep uphill from here...Already there is talk about trying to make the cuts permanent, and on top of the they want to do infrastructure, and Entitlement reform...All badly needed, but after the previous administrations doubling of the national debt in two terms, something he claimed was "un American", we are going to have to use that credit card some more.
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I agree, it is stupid but I agree.
We will have to see what happens with this infrastructure plan.

That is going to be a huge bill. What exactly it accomplishes I hope is something and not
Go to waste like all the money that was spent on those shovel ready jobs that didn't exist.
 
MateoMtnClimber said:
You're right about that. I think the immediate and temporary effects of the tax bill will provide an initial uptick in its favorability and in the Republican party's popularity. I hope that Americans have longer and clearer perspectives than that, though, and that they will consider the ultimate effects of the bill. Time will tell.
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The telling of time has already been told in the past. This tax plan gives crumbs to those with less and steak & lobster to the rich and corps. The usual trickle-down as in the past that have failed miserably and can't be shown by any data to have worked. It is obvious that those with more get more and those with less get less. We become more and more regressive, shifting wealth to the upper end away from the lower end of incomes. And you think that's good. It has NEVER trickled down. Never. Wages have not kept up with productivity for the last 40 years. So much for meritocracy. The American voter continues to be fooled into voting against their own best interests.
 
jonny5 said:
Polls are bull****.



They over sampled democrats, and WAY oversampled independents, who are typically liberals who dont want to be identified. And 1000 people certainly cant speak for the entire country. Meanwhile 50 million people voted for Republicans in the last election to do exactly what theyre doing.
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Yeah, right. Trump is considered the best president ever by a whopping majority of "real" Americans. And he also had the biggest inauguration turn out in history. He is single-handedly responsible for the rising stock market and has a big ol' button.

On average, the Liar-in-Chief tells 5.6 lies per day. Yet, there are some fools that still believe him.

President Trump has made 1,950 false or misleading claims over 347 days <snip>

https://www.washingtonpost.com/news/fact-checker/wp/2018/01/02/president-trump-has-made-1949-false-or-misleading-claims-over-347-days/?utm_term=.fd488c5b8a3b
 
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bluesmoke said:
The telling of time has already been told in the past. This tax plan gives crumbs to those with less and steak & lobster to the rich and corps. The usual trickle-down as in the past that have failed miserably and can't be shown by any data to have worked. It is obvious that those with more get more and those with less get less. We become more and more regressive, shifting wealth to the upper end away from the lower end of incomes. And you think that's good. It has NEVER trickled down. Never. Wages have not kept up with productivity for the last 40 years. So much for meritocracy. The American voter continues to be fooled into voting against their own best interests.
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You misunderstood my post. I think the tax bill is a disastrous public policy intended to consolidate wealth and power in the upper classes and incidentally, decimate the middle classes.
 
MateoMtnClimber said:
You misunderstood my post. I think the tax bill is a disastrous public policy intended to consolidate wealth and power in the upper classes and incidentally, decimate the middle classes.
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Thanks for correcting my misunderstanding. I would still have posted what I did, in support of your post, but without the "And you think that's good."
 
Captain America said:
Yeah, right. Trump is considered the best president ever by a whopping majority of "real" Americans. And he also had the biggest inauguration turn out in history. He is single-handedly responsible for the rising stock market and has a big ol' button.

On average, the Liar-in-Chief tells 5.6 lies per day. Yet, there are some fools that still believe him.

President Trump has made 1,950 false or misleading claims over 347 days <snip>

https://www.washingtonpost.com/news/fact-checker/wp/2018/01/02/president-trump-has-made-1949-false-or-misleading-claims-over-347-days/?utm_term=.fd488c5b8a3b
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I didnt claim any of that.
 
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