Republican Tax Plan Revealed

[Mittens]

To be honest, protesting these tax cuts would have been futile to begin with. Donors>Constituents. That's how the US works these days.

Protesting them would've at least prompted a reaction. The same way it did back when the AHCA was being passed.

But noooo, clearly the internet is much more important than a tax bill that basically achieves the same thing as the AHCA if not worse.

[Wyrt]

And yet people allegedly voted for Trump so he'd drain the swamp. So much swamp draining.

I continue to be baffled by how easy it is to manipulate large chunks of the population.

It's because people are hurting. Wages have stagnated. Health insurance is expensive. Lots of people are underemployed.

Unfortunately they're looking for scapegoats in all the wrong places. Maybe one day they will see it's the corrupt politicians that are screwing them over, not the immigrants.

Draining the swamp is good, but it's not going to happen with Trump. It probably isn't even possible to happen without a revolution, preferably a non-violent revolution. The entire system is beyond saving, needs to be purged and rebuilt.

[Glnger]

can't wait for this to be Democrats fault in 5 years or so

also prepare for having to "reorganize" (make cuts to) social security, medicaid and medicare when this tax plan fails to deliver the promised growth... too bad that will again be the Democrat's fault, because Dem's will probably be in control in 2020 and the Republicans will again obstruct and play the blame game long enough for dumbasses to forget just how fucking horrible the national Republican party is, and on and on we go.

They want to turn the entire country into Kansas, upward wealth distribution and as soon as the obvious shortfalls happen take money from schools and social programs instead of the people that benefited from creating the shortfall in the first place.

https://en.wikipedia.org/wiki/Kansas#Taxes

Starting in 2013, Governor Sam Brownback's "ambitious tax overhaul" trimmed income tax, eliminated some corporate taxes, and created pass-through income tax exemptions, but led to years of budget shortfalls, culminating in a $350 million budget shortfall in February 2017. During his campaign for the 2010 election, Brownback called for a complete "phase out Kansas's income tax".[61] From 2013 to 2017, 300,000 businesses were considered to be pass-through income entities and benefited from Brownback's complete tax exemption. His tax reform "encouraged tens of thousands of Kansans to claim their wages and salaries as income from a business rather than from employment."[58] There was an increase in job growth "following enactment of the tax cuts."[61]

Under Brownback, in January 2013, the "largest tax cut" in Kansas state history took effect. He cut the income tax rate and eliminated some corporate taxes. He added a penny to the sales tax to offset the loss to state revenues but that was inadequate. Deficits mounted. By April, Brownback wanted to cut taxes even again. He made more cuts to education and some state services to offset lost revenue.[62] The economic growth that he anticipated never materialized. Brownback argued that it was because of "low wheat and oil prices and a downturn in aircraft sales."[61] In the summer of 2016 S&P Global Ratings downgraded Kansas' credit rating.[59] In February 2017, S&P lowered it to AA-.[59]

[Wyrt]

There were a ton of special interest groups that came out against the Republican's healthcare "reform". For this tax bill there was virtually no outcry from these groups, despite the fact that the Obamacare mandate was a part of it.

Of course. Liberal groups and politicians are also corrupt. It all needs to be purged.

[Wyrt]

The Republicans literally just raised taxes on the middle class, lol.

I can see Democrats raising taxes on the wealthy after this, but that's not going to be that unpopular.

No, no, the Republicans will frame the 15% increase on the wealthy(to get it back to current rate) as a 15% increase in taxes to everyone.

[Paranoid Android]

can't wait for this to be Democrats fault in 5 years or so

also prepare for having to "reorganize" (make cuts to) social security, medicaid and medicare when this tax plan fails to deliver the promised growth... too bad that will again be the Democrat's fault, because Dem's will probably be in control in 2020 and the Republicans will again obstruct and play the blame game long enough for dumbasses to forget just how fucking horrible the national Republican party is, and on and on we go.

They want to turn the entire country into Kansas, upward wealth distribution and as soon as the obvious shortfalls happen take money from schools and social programs instead of the people that benefited from creating the shortfall in the first place.

https://en.wikipedia.org/wiki/Kansas#Taxes

I had a couple posts of pork and tax breaks to specific people and organizations. Blatant corruption. Now will these be included in the end bill. Who knows.

I think the approach from the Democrats is out of their playboy. LIE. In every incoming commercial say that this certain person or organization got a tax break and you did not. Who cares about truth.

[Deleted]

McCain is truely a man of no conviction or principles.

This is literally class warfare.

[GreenGoldSharpie]

can't wait for this to be Democrats fault in 5 years or so

also prepare for having to "reorganize" (make cuts to) social security, medicaid and medicare when this tax plan fails to deliver the promised growth...

Honey, they're not even waiting for that. It's up on the docket next. In an election year, no less. Expect a lot of subtle "welfare queen" chatter.

[Poopymonster]

McCain is truely a man of no conviction or principles.

This is literally class warfare.

His loyalty is solid. You couldn't buy that man or his vote. But you could rent it for a while at a remarkably cheap rate.

[Travis B]

It's amazing how some people who will be personally screwed by this tax plan applaud it so heartily. They are so focused on the GOP putting hundreds of dollars in their front pocket with one hand that they ignore how the GOP is taking thousands of dollars out of their back pocket with the other hand.

I'm not sure if it's stupidity or blind party loyalty or what.

[tyrlaan]

It's amazing how some people who will be personally screwed by this tax plan applaud it so heartily. They are so focused on the GOP putting hundreds of dollars in their front pocket with one hand that they ignore how the GOP is taking thousands of dollars out of their back pocket with the other hand.

I'm not sure if it's stupidity or blind party loyalty or what.

It's the culmination of the successful right-wing propaganda machine. The long play of Fox News and its ilk has allowed the GOP to pass a steaming turd like this while their supporters gleefully cheer them on.

[Travis B]

A tiny bit of good news. That provision introduced by Pat Toomey that was specifically designed to help that one conservative college has just been defeated in a 52 - 48 vote against it (all Democrats all along with 4 Republicans):

http://www.post-gazette.com/news/nat...s/201712020126

[beanman12345]

I like how there were virtually no protests to this. Guess the are worn out coz Trump was an asshole on twitter. #distraction

There were protests. https://m.youtube.com/watch?v=uJiQsvDqiQE gets good about 6 minutes in.

[Arvei]

A tiny bit of good news. That provision introduced by Pat Toomey that was specifically designed to help that one conservative college has just been defeated in a 52 - 48 vote against it (all Democrats all along with 4 Republicans):

http://www.post-gazette.com/news/nat...s/201712020126

Thank goodness. That provision was appalling and reeks of blatant corruption to say the least. I'm voting straight blue in 2018 (not like it'll matter much in my state), we can't allow these crooks to keep attempting to pass crap like this.

[Lenonis]

There is a small, but veeery small, hope that the house and Senate will not find a way to agree to a joint bill. I don't have high hopes for that and expect that some form of the current abomination will make it to Trump's desk.

It really is unfortunate how many people who this will hurt. And how, ironically, a large group of those people are Trump supporters. Pity they'll never realize the knife that's just been inserted into their back.

[Travis B]

It really is unfortunate how many people who this will hurt. And how, ironically, a large group of those people are Trump supporters. Pity they'll never realize the knife that's just been inserted into their back.

Oh they'll realize it a few years from now, and then accuse the Democrats of being the ones who planted it there.

[Lenonis]

Oh they'll realize it a few years from now, and then accuse the Democrats of being the ones who planted it there.

Yeah, that's true. however that's not going to be a huge part of the population. Just the 20-30% that's a lost cause. The "even if Trump did collude with Russia I'll still support him" and the "even if Moore did rape underage girls he's better than a democrat" group. Those folks we'll never get to flip to blue -- and they aren't worth the time to talk to.

[Breccia]

Well, that was 100% expected. The next step is to wrangle the special pet projects required by Collins, Daines, Murkowski, etc. into a version the House will accept.

[Kujako]

A tiny bit of good news. That provision introduced by Pat Toomey that was specifically designed to help that one conservative college has just been defeated in a 52 - 48 vote against it (all Democrats all along with 4 Republicans):

http://www.post-gazette.com/news/nat...s/201712020126

They still making student loan interest and scholarships taxable? Cause that's more or less the end of higher education for most middle and lower class folk.

[Casterbridge]

They still making student loan interest and scholarships taxable? Cause that's more or less the end of higher education for most middle and lower class folk.

This is what I'm trying to find out, I still don't understand the logic of introducing it in the first place, it has almost no upsides and is going to hurt a lot of people in the long run, hell it's going to hurt the US directly, and yet I can find very little noise about it.