Every Leftist Voted Against Pro-Growth Middle Class Tax Cut [W:139]

[Checkerboard Strangler]

Wait. I thought cutting taxes for corporations was going to trickle down to the middle class?
This is just the last two weeks.
Nothing trickled down???
The smallest number (100) is $100,000,000 One hundred million.
Largest number (15,000) is 15,000,000,000 Fifteen billion.

Where's the trickle down?

 

[TobyOne]

Share buybacks are awesome.

Also, if you have a 401k or pension, buybacks are even more awesome and chances are the sustainability of your retirement is based on market returns.

Buy some stock, son. If you can't afford it at least be happy that you're city won't go bankrupt paying for pensions.

Wait. I thought cutting taxes for corporations was going to trickle down to the middle class?
This is just the last two weeks.
Nothing trickled down???
The smallest number (100) is $100,000,000 One hundred million.
Largest number (15,000) is 15,000,000,000 Fifteen billion.

Where's the trickle down?

View attachment 67226358

 

[jghiretire]

https://townhall.com/tipsheet/guybe...ajor-progrowth-middle-class-tax-cuts-n2424776

Every single Democrat who cast votes on the bill in both legislative chambers voted no. 'Resistance' now requires consigning your working class and middle-income constituents to higher tax burdens, apparently. Thanks to Democrats' unified failure, more than 80 percent of taxpayers will see an immediate cut...

That's what the left calls, "looking out for the little guy."

It's been a long time since the middle class got some relief from big govt oppressive taxes.

Whatever "relief" they get will be short lived - or the higher health care premiums will take care of that. Dems were not invited to participate in the bill - there was no discussion - no hearings - all done behind closed doors. IIRC it was over 1000 pages and they don't even know exactly what's in it or what it will do.

 

[jghiretire]

Now that the US corporate taxation is competitive with other world markets, will we see the 'Made in the USA' label march across the planet as it has in the past? US to become a major products exporter again?

One can only hope. In the mean time, these 2 companies are delivering good news, and there may be more to follow.

Just don't forget to enjoy your 'Armageddon', as Schumer and Pelosi have called it. If this is Armageddon, can we have more?

There's a myth that we weren't competitive due to taxes - a lot of corporations pay for less than the 21% anyway. But keep telling yourself Fox and Breitbart are telling the truth.

 

[Checkerboard Strangler]

Share buybacks are awesome.

Also, if you have a 401k or pension, buybacks are even more awesome and chances are the sustainability of your retirement is based on market returns.

Buy some stock, son. If you can't afford it at least be happy that you're city won't go bankrupt paying for pensions.

There's always one in every crowd:



Remember when 401k's tanked?
No thanks, the notion of "just trusting Wall Street" for my economic security is so far off the scale absurd it's funny, or would be.

 

[jghiretire]

I wonder if anyone has already addressed the fact that, later this spring, Ryan will jump out of his chair and exclaim,
"Oh my God, look at this enormous deficit, it's almost two trillion dollars!! We HAVE to cut Medicare and Social Security to PAY for all this SPENDING!"


So let's look at this token tax cut for the middle class with clear eyes, because when your parents or grandparents get their Social Security and Medicare cut,
or even taken away entirely, some of them will be moving in with you, and some will be moving into a cardboard box on Skid Row, and the rest of you who have been
paying into these programs your entire working life, are going to be labeled "moochers who expect free stuff or entitlements" and you will be scolded for having the temerity to dare ask for Medicare and Social Security, which is, of course, SOCIALISM.
Never mind that Paul Ryan's heroine enjoyed those entitlements herself.


"Yeah, she paid into it so she deserved it"
Damn right she did, and so has every other working American, so why aren't we at least getting what Ayn Rand deserved?
They're coming for your Medicare and your retirement money, count on it.
So this penny-ante dog and pony show about tax cuts is just more of the same crap Republicans have shoving down our throats for the last six decades.
It doesn't work, it has never worked and it never will work.
But that's not important to them. What is important to them is their "socialism for the wealthy", which is really what this tax bill is.
It is the largest upward redistribution of wealth from the backs of the poor in the modern era.
And, it's also a strictly punitive measure against blue states only. Imagine that!


And we know exactly how crappy their tax ideas are because we have Kansas as an example.


We really should be paying attention to CHIP right now...which was recently defunded.
If children start to die for lack of care for chronic conditions the GOP will be widely condemned, Even by a lot of Republican voters.

Want to bet they shut down the government over CHIP?? The GOP will say - we have no more money. Pro-life are they?? Fiscally conservative are they?? Not any more.

 

[Aristaeus]

So? I could care less about income inequality. The poor should be poor and the rich should be rich. But, the poor have continually gotten richer and their standard of living gets better and better. Who cares that rich get richer at a faster rate?

The French and Russian revolutions were mainly caused by huge income inequality, but hey, let's not learn anything from history. Reducing income inequality results in lower crime, happier people (including those who are richer), and less partisanship in society.

Repeated research has shoen that lowering income inequality is objectively good for society.

Also, the standard of living for the working and middle classes has basically stagnated for the past 30 years.

 

[Linc]

Want to bet they shut down the government over CHIP?? The GOP will say - we have no more money. Pro-life are they?? Fiscally conservative are they?? Not any more.

Sen. Collins sure got taken to the cleaners with McConnell's lying promises to her. She was too cowardly to show up today at Kim Jong trump's one-party rule ...

 

[Checkerboard Strangler]

Want to bet they shut down the government over CHIP?? The GOP will say - we have no more money. Pro-life are they?? Fiscally conservative are they?? Not any more.

---CHIP is the only reason my son survived.
Three open heart surgeries before the age of five.

 

[Checkerboard Strangler]

So? I could care less about income inequality. The poor should be poor and the rich should be rich. But, the poor have continually gotten richer and their standard of living gets better and better. Who cares that rich get richer at a faster rate?

The poor have gotten richer and their standard of living gets better and better?

http://nlihc.org/sites/default/files/oor/OOR_2017_Min-Wage-Map.pdf

Oh wait, I know, you're referring to the Heritage Foundation quip about how "there is no poverty in America because the poor have refrigerators."



Yeah, they have refrigerators! Wow, imagine that.



Let's just be clear about the definition of poverty here, because if you're going to frame it in terms like that, you're no longer talking about "the poor", because
The Heritage Foundation study justifies their argument based on ideas of poverty defined by emaciated children in third world countries who are starving.
Those are not "the poor", they are "the dying".



So if you really want to drop the bar that low, then you're really just saying, "Hey, America is wonderful because we don't have children dying in the streets from starvation."

100 percent wrong on every count. The standard of living is dropping for everyone, the poor, the working poor, the lower middle class and even the upper middle class.
We're working harder and longer, our purchasing power is smaller and smaller, and wages have been stagnant for a more than a generation.
An entire generation of children will not know what it means to work forty hours a week and be able to afford a roof, food, higher education, health care and a crappy car.
They'll know what it means to work 60 to 80 hours a week and barely get by with no health insurance, no higher education unless they agree to go further into crippling debt, no upward mobility and the prospect of one disappearing occupation after another.

If right wing economics are so great, then at the very least they should be enjoying at least the standard of living my parents enjoyed in the 1950's and 60's.
The right's been grinding away at common sense since 1980, it doesn't look like they're going to get it right anytime soon, not if the last forty or fifty years are any indication.

OMG that emaciated kid isn't poor!!! He owns CARDBOARD!!!!!

 

[SonOfDaedalus]

Trump ran against the elites then he gave them a tax cut. The OP is too brainwashed to realize he’s been conned.


Sent from my iPhone using Tapatalk

 

[haymarket]

Do you realize how many small business are corporations? Do you realize how many people these small home grown, home town corporations there really are? You have no idea. Your hate is predicated on facts that are not facts at all, just to small of an idea of who owns corps, and who they employ. Hundreds of thousands of Corps exist in America today. all of them will benefit from these corporate tax cuts. Every small town private Corporation will benefit.. Jobs will be created... Only a hand full of Corporations are publically traded and you have heard of...

Need more education?

Then why does over 80% of this tax cut benefit end up in the hands of 1% of the American people?

https://boingboing.net/2017/12/19/morning-in-america.html

The bill has been transformed in its reconciliation stage: earlier drafts gave huge returns to the rich, but the final goes even further: 83% of the benefits of this plan will go to the richest 1% of Americans. To pay for it, the GOP will cut Medicare, Social Security, education, healthcare, and basic assistance like food stamps.

By 2027, more than half of all Americans — 53 percent — would pay more in taxes under the tax bill agreed to by House and Senate Republicans, a new analysis by the Tax Policy Center finds. That year, 82.8 percent of the bill’s benefit would go to the top 1 percent, up from 62.1 under the Senate bill.

 

[tres borrachos]

Ummmmmmmmmmmmm. The tax cut benefits the middle class.

Yes, people will get a few hundred dollars a year to a couple of thousand dollars a year. What does that have to do with my post?

 

[CaptainCourtesy]

Moderator's Warning:

The personal crap stops now. Some have already received consequences. I will be happy to give out more.

 

[calamity]

Trump ran against the elites then he gave them a tax cut. The OP is too brainwashed to realize he’s been conned.


Sent from my iPhone using Tapatalk

He also ran against globalism, and from all indications, this tax cut actually encourages more off-shoring. Trump voters are a special kind of stupid.

 

[tres borrachos]

No I said emotions are for ladies.

Are you easily confused? Easily triggered? Maybe you should seek out some help for that. This time of the year, with the holidays and all can have detrimental effects on ones well being....

Why are emotions only for ladies?

 

[joG]

https://townhall.com/tipsheet/guybe...ajor-progrowth-middle-class-tax-cuts-n2424776

Every single Democrat who cast votes on the bill in both legislative chambers voted no. 'Resistance' now requires consigning your working class and middle-income constituents to higher tax burdens, apparently. Thanks to Democrats' unified failure, more than 80 percent of taxpayers will see an immediate cut...

That's what the left calls, "looking out for the little guy."

It's been a long time since the middle class got some relief from big govt oppressive taxes.

Every one of them? Now that is a lemming thing to do.

 

[poweRob]

Demand of course. with out demand there is no use for supply. I am in Ag and trade commodities. I get this, probably better than you might..

tax breaks free up money for demand. Supply and profits fallow.

Demand needs diversity. And that comes from the bottom of the economic scale not the top. If a rich person goes out and spends a million on a jet that money is centralized and effects very little. If a thousand middle class people each spend $1000 it has a much more diverse and greater effect on the economy.

You are here cheering supply-side economics while simultaneously telling me you know more about how demand is most important. Apparently, you don't.

 

[poweRob]

Why are emotions only for ladies?

Which is pretty funny considering I don't see ladies regularly do a shooting rampage murdering their boyfriends and/or spouses and co-workers simply because they got their feelings hurt.

 

[Winston]

Thanks Comrade. We note your addiction to other people's money.

Income redistribution, or a universal income is the way of the future.

 

[poweRob]

Thanks Comrade. We note your addiction to other people's money.

What do you think that extra $1 Trillion in deficit spending comes from? Is that your money or is that future money?

 

[Mason66]

You cannot provide irrefutable fact that the GOP tax plan will work as said. The tax plan is an illusion. Just one simple point of logic: Those making the most will get more than those making the least. Guaranteed by law. That's the match. And another thing: There are as many jobs available as there are unemployed. Business says they can't get qualified candidates to fill that gap. The only way Trump can increase job openings is to allow immigration. If not for immigration, the US population would be dropping. Not a good economic indicator.

To put the bolded sentence another way, the people paying the most taxes will see a break but the people that pay nothing will not.

Is there something wrong with that in your eyes?

If somebody pays nothing into the system, how can they pay less?

 

[ttwtt78640]

To put the bolded sentence another way, the people paying the most taxes will see a break but the people that pay nothing will not.

Is there something wrong with that in your eyes?

If somebody pays nothing into the system, how can they pay less?

By increasing the "safety net" benefits, of course. The trick is taking from those that have "too much" and giving to those that have "too little" but never counting what you gave as added income or what you took as reduced income - thus "income inequality" remains the same so you must redistribute even more to fix that.

 

[eohrnberger]

He also ran against globalism, and from all indications, this tax cut actually encourages more off-shoring. Trump voters are a special kind of stupid.

Companies are announcing major investments in infrastructure (AT&T, Comcast, Boeing).
I'm sure building out that infrastructure is going to be off-shored. :roll:
(Never mind that it's going to be built out here in the US and probably by a yet to be hired US based workforce, but why let facts interfere with your narrative?)

 

[Mason66]

By increasing the "safety net" benefits, of course. The trick is taking from those that have "too much" and giving to those that have "too little" but never counting what you gave as added income or what you took as reduced income - thus "income inequality" remains the same so you must redistribute even more to fix that.

Isn't that what happened with this bill?

The standard deductions have increased, have they not?