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Thread: Pelosi: GOP tax proposal 'the worst bill in the history' of Congress

  1. #61
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    Re: Pelosi: GOP tax proposal 'the worst bill in the history' of Congress

    Quote Originally Posted by MTAtech View Post
    My premise is that the Republican tax pitch is self-contradictory, as it tries to have it both ways on the question of middle-class taxes.

    The comromise bill, as written, tries to be long-run deficit-neutral -- allowing use of the Byrd rule to allow passage by 51 votes by offsetting huge corporate tax cuts with higher taxes on individuals, so that by 2025 half the population, and most of the middle-class, would see taxes go up. But those tax hikes are initially offset by a variety of temporary tax breaks.

    Republicans are simultaneously arguing that those tax breaks won’t actually be temporary, that future Congresses will extend them. But they also need to assume that those tax breaks really will expire in order to meet their budget numbers. So the temporary tax breaks need, for political purposes, to be both alive and dead, like Schrödinger's cat.

    So, either they won't be cut in the future, leaving the middle class with higher taxes OR they will be extended, leaving the nation with a massive addition to the debt -- and that debt will be used by conservatives to cut Medicare, Social Security and Medicaid.
    You may be correct on some points. Time will tell.

    There are many other programs that Congress could cut or deduce besides the three you named.

    You do realize that the US has been spending more than it brings in as far as revenue for years. Even if the tax bill never gets signed, the US still borrows to pay the bills. I would prefer we get back to a more realistic National budget. That means many programs would have to be reduced or eliminated. Or I guess Congress could increase taxes along with spending cuts.
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    Re: Pelosi: GOP tax proposal 'the worst bill in the history' of Congress

    This tax bill is a means to an end. It has always been the Speaker's and others in the Republican party's goal to reduce entitlements and add to the wealth of those who strive every damn day to rig the system.

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    Re: Pelosi: GOP tax proposal 'the worst bill in the history' of Congress

    Quote Originally Posted by Parrish View Post
    This tax bill is a means to an end. It has always been the Speaker's and others in the Republican party's goal to reduce entitlements and add to the wealth of those who strive every damn day to rig the system.
    You must be referring to the people who actually provide jobs for those in our ranks who are not motivated enough to be a private business man. In America we are able to get out of bed, work smart, and create a means of earning a living. Most people out there, maybe even you, are to lazy to make that happen for themselves. They are not leaders, but fallowers. They will live happily from pay check to pay check, yet bitch about the so called wealthy they work for. JMHO

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    Re: Pelosi: GOP tax proposal 'the worst bill in the history' of Congress

    Quote Originally Posted by Blkdirt Farmer View Post
    You must be referring to the people who actually provide jobs for those in our ranks who are not motivated enough to be a private business man. In America we are able to get out of bed, work smart, and create a means of earning a living. Most people out there, maybe even you, are to lazy to make that happen for themselves. They are not leaders, but fallowers. They will live happily from pay check to pay check, yet bitch about the so called wealthy they work for. JMHO
    Oh my, you sound like an angry fallower (sic)..

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    Re: Pelosi: GOP tax proposal 'the worst bill in the history' of Congress

    I'd love for someone to stand in the well and state how much each Senator and Congressperson who supports the tax bill, as well as their donors, will personally gain from kickbacks, new brackets, special tax treatment and provisions.

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    Re: Pelosi: GOP tax proposal 'the worst bill in the history' of Congress

    Quote Originally Posted by Parrish View Post
    I'd love for someone to stand in the well and state how much each Senator and Congressperson who supports the tax bill, as well as their donors, will personally gain from kickbacks, new brackets, special tax treatment and provisions.
    The GOP Tax Bill Was Manifestly Corrupt Long Before the ‘Corker Kickback’
    Two weeks later, Republican leaders in the House and Senate unveiled their final, consensus tax-cut legislation. The bill was nearly identical to the one Corker had voted against, except that it added even more money to the deficit — and included a special tax break for real-estate investors that would increase Bob Corker’s personal income by up to $1.2 million a year.
    ...
    Wisconsin senator Ron Johnson said — publicly and repeatedly — that he would vote against the Senate bill unless it provided a larger tax break to pass-through businesses, like the one that his family owns.
    "I never meant to say that the Conservatives are generally stupid. I meant to say that stupid people are generally Conservative. I believe that is so obviously and universally admitted a principle that I hardly think any gentleman will deny it." --J.S. Mill

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