GOP tax bill doomed by 'class warfare' tactics—Commentary
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....
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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 .
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.
Me dino originally wrote, "Hopping grasshoppers!"
Then me dino decided I could do better than that.
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.
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.
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.
~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.