GOP tax bill doomed by 'class warfare' tactics—Commentary

Posted by $ nickursis 7 years, 5 months ago to Government
68 comments | Share | Flag

This article actually illustrates the real issue at hand: "With Republicans like this, who needs Democrats"? If they want to keep Shillery out of the next run, and themselves all out of jail on faked charges, they better dump McConnell and Ryan and find a couple of semi honest creatures that will at least do a "little" something for people. Right now, it is almost like the acceleration seen in the last half of AS, when the looters start to loose all their opportunities to rip everyone else off....


All Comments


Previous comments...   You are currently on page 3.
  • Posted by $ 7 years, 5 months ago in reply to this comment.
    CG, I wish being a registered republican meant I got a dividend for each lie and criminal act, I would not have to work any more......Looking like asses is a politicans DNA trait, not a party item.
    Reply | Permalink  
  • Posted by $ 7 years, 5 months ago in reply to this comment.
    CBJ, thank you, this argument has been raging around what different tax cuts mean and to whom they serve in another thread. You point sums up the situation perfectly. There is no tax cut when they manipulate the rules for one group or another with no cuts in spending, it is all smoke and mirrors.
    Reply | Permalink  
  • Posted by $ CBJ 7 years, 5 months ago in reply to this comment.
    The “Obama deficit reduction” is completely bogus, since the base year occurred at the height of the financial crisis when the deficit had tripled from the year before. The average deficit for the four years preceding the crisis was $285 billion. The average deficit for the past four years has been nearly double that amount, at $547 billion, and continues at approximately that rate.

    And it is certainly possible to simplify the tax code without raising anyone’s taxes. Eliminating some taxes outright while lowering the remaining tax rates will accomplish this goal. Any tax plan that raises taxes for some while lowering taxes for others is a redistribution scheme and deserves to be “torpedoed”.

    As for “because it's borrowed, it's a tax for someone else in the future,” the best short-run solution would be to begin issuing pure “unbacked” fiat money to fund the deficit, rather than going further into debt. The inflationary impact of unbacked dollars would be no different than the inflationary impact of the same amount of debt-backed dollars, and such a policy would call a halt to the increase in the national debt and its crushing $400+ billion in annual interest payments. See www.fixourmoney.com .
    Reply | Permalink  
  • Posted by CircuitGuy 7 years, 5 months ago in reply to this comment.
    They're trying to do a tax cut and simplification. It's an unfair standard for "simplification" to say no one's taxes can go up. Part of simplifying things means some people's taxes go up or down. To me the complaint that some people's taxes went up is a way of politically torpedoing the plan. Because there's a cut aspect to it, it's a net decrease in taxes. BTW, because it's borrowed, it's a tax for someone else in the future.

    If I were in charge of it, I would want to see the deficit decrease at the same rate as while Obama was president, roughly 100 billion a year. I'd also want to pass the tax cut and simplification. That would mean closing some bases, not doing some next-generation fighter planes, closing prisons, reducing funding of cities and states, and so on-- nothing radical, but enough to cover 100 billion in deficit reduction plus 100 billion in tax reduction. In the future, you could do another round of tax cuts, a straight cut where everyone's goes down, but you'd have to have another debate on which programs to cut.

    My suggestion would not be politically feasible because while everyone wants to cut, gov't they want to cut only "waste", i.e. things that in no way benefit them.

    I predict they'll not be able to pass tax simplification. They don't even pretend to want to slow the growth in gov't. All that's left is to increase borrowing and do an across-the-board cut guaranteed to cut all tax-payers taxes. Even that is hard to pass because people say it only provides a small cut to middle-class families, and it's hard politically to say, "middle-class families don't pay that much now." They condemned Romney for saying it. "How can you say that. These are hardworking people-- soldiers, nurses, teachers, and so on.." He wasn't saying they're bad people, just stating that they don't pay much in taxes, so a tax cut won't affect them that much.

    I wish being registered Democrat meant I got a dividend when Republicans make themselves look like asses. But I get nothing out of it. So I hope they manage to cut taxes, simplify them, and in my dreams cut the deficit. I don't see it happening.
    Reply | Permalink  
  • Posted by $ CBJ 7 years, 5 months ago
    Every "tax cut" plan presented so far raises taxes on some people to "pay for" lowering other people's tax bills. An honest tax cut would require Congress to start with the existing system, and lower (or eliminate) specified federal taxes, without raising any other tax rates to "pay for" the overall drop in government revenue.
    Reply | Permalink  
  • Posted by $ allosaur 7 years, 5 months ago in reply to this comment.
    That'll also work.
    Me dino originally wrote, "Hopping grasshoppers!"
    Then me dino decided I could do better than that.
    Reply | Permalink  
  • Posted by LibertyBelle 7 years, 5 months ago
    Well, I found the process confusing.I did hear some-
    thing about repeal of the individual mandate in Oba-
    macare the other day, but if they pass the rest of the bill, I'm not sure that even then it would be worth it.
    Perhaps in the primaries, somebody could get some of these people out by pulling a Dave Brat, as was done in Virginia; I don't know what else will work.
    I don't think big government can be made cheap. What I want is abolition of government departments. Sure, go try to get integrity from politicians.
    Reply | Permalink  
  • Posted by term2 7 years, 5 months ago
    Both the repubs and the democrats ARE the swamp. Trump is not part of the swamp, and they both HATE him to the max for standing for draining of these sweat dealing swamp.
    Reply | Permalink  
  • Posted by walkabout 7 years, 5 months ago
    After the War between the States, the Congress of the United States passed 3 amendments to the Constitution in an effort to end the vestiges of "the Peculiar Institution." 50 years later another congress reinstated SLAVERY by passing the 16th Amendment allowing the government to have the legal right to the work product of anyone in the country they chose to steal from. Initially they promised no one but the very rich would ever pay the Income Tax and that no one would ever pay more than a percentage or two. So much for the promises of the new Masters. It is critical that the 16th Amendment be repealed (it would be nice if the 17th and the 26th were repealed too). While many schems for taxing Americans can and have been dreamed up, the FairTax is, in my opinion, the best. It completely and honestly untaxes the poor, it encourages investment and independence and it limits how much money the government can collect in taxes by tying taxation to economic success -- so when Congress commits stupid and hurts the economy it quickly impacts tax revenues. Passing the FairTax Act (H.R. 25) would create record growth in the American Economy "as far as the eye can see." Any, tinkering with the current system of enslavement only limits the damage and will quickly be undone (as was the so-called Reagan tax plan. FairTax returns the power to the people where it belongs.
    Reply | Permalink  
  • Posted by $ blarman 7 years, 5 months ago in reply to this comment.
    No question that there are enough looters in government - and in both parties. I'd like to think that the concentration is higher in the Democratic Party simply due to their party platform, but the unfortunate reality is that if you look at the voting, there are plenty of looters in the Republican Party as well.
    Reply | Permalink  
  • Posted by $ allosaur 7 years, 5 months ago in reply to this comment.
    Oh, you must be referring to what the Republicans has been blaming the Jackass Party for doing for decades.
    Do as I say, not as I do? Hopping thunder lizards! Me dino thought only the Jackasses did that.
    Say, wait, I know, maybe me dino shouldn't capitalize (j)ackass anymore like when I write "the Jackass Party."
    On this board me dino should strive to be objective and acknowledge reality by spreading the jackasses around to both parties.
    After all, J is J just like A is A, don't y'all know.
    Reply | Permalink  
  • Posted by $ blarman 7 years, 5 months ago
    Best line of the whole article: "But as everyone who balances their own business or household budget knows, the best way to cut deficits is to cut spending. And the Republicans simply won't do it."
    Reply | Permalink  
  • Posted by $ 7 years, 5 months ago in reply to this comment.
    Exactly Dino, they are sneaky creatures that keep biting over and over, yet the victims seem immune to the pain.
    Reply | Permalink  
  • Posted by $ allosaur 7 years, 5 months ago in reply to this comment.
    Sheeple peasants must like the water moccasins me dino lost count of killing while growing up in the Deep South. I've only been able to kill them when they fully expose themselves on land where they look fatter and uglier compare to most other snakes.
    That's why cottonmouths prefer to lurk unseen below the surface of fresh water. Water that conceals them with weeds and lily pads is all the better for those sneaky snakes.
    Every once in a while you can see one poke its head above the surface to look around. Unlike most water snakes, a cottonmouth will make a ripple as it submerges.
    In a way that's how you can by their actions perceive a RINO for what that sneaky evil creature really is.
    Never mind the sweet nothings that come from that pretty cotton mouth when it is to be reelected . . . again, again and again.
    Reply | Permalink  
  • Posted by $ allosaur 7 years, 5 months ago
    Just another dreary day with slimy RINOs sloshing around a swamp they now own but dearly want to keep crony status quo.
    ~slosh, slosh, slosh~
    Here those creepy critters come, there they slime off to go.
    Despair all ye taxpayers who prop up this mucky wasteland of woe.
    Reply | Permalink  

  • Comment hidden. Undo