Median household income in the U.S. is about $59,000, not $100,000, and most people don’t own their own business. So what Cornyn is really showing is that people who are better off than average are more likely to get something from this plan. And even Cornyn’s happy couple could end up worse off under the GOP plan, especially if they live in a state/city where they are hit hard by the fact that they can no longer deduct their state and local taxes.
5 Likes
Then when you add in the $4,000 raise they will receive because of the corporate tax cut, and the 20% exclusion from taxable income when they convert their non-corporate business to a pass through entity they can more then cover the increase in their health insurance premium. So much winning.
2 Likes
OT, but HAHAHAHAHAHAHAAHAHA oh man it’s driving them crazy…
1 Like
“If you don’t want Children to have cancer, don’t have Children” says some Republican somewhere.
1 Like
Do we have to remind some that his letter is sarcasm?
1 Like
The nanny, because, surely, the couple will pass on a portion of the tax savings in the form of a wage increase (until 2027, anyway).
1 Like
Derschowitz…I’m at my wits’ end with this fucker…
http://www.foxnews.com/transcript/2017/12/18/dershowitz-calls-for-rosenstein-to-recuse-himself.html
He’s so full of shit I can’t even stand it. Talks nonsense about transition documents turned over to GSA being personal and it violating “civil liberties” for them to be treated as public documents even though there were literally signed agreements to the contrary. The absurdity never stops with this guy.
8 Likes
Speaks for itself…
4 Likes
That would take the courage to DO something NOW rather than waiting for things to continue on the horrendous path they are currently in expectation of great gains in the 2018 midterms.
For those who will remind me that they are the minority party; as far as I am concerned, our airwaves should be bombarded with the reality of what is happening. Our elected officials could be out there leading the complaints.
That would be doing something.
Really?
Sounds like the same old government. I thought Republicans were supposed to be different.
Missed deadlines, botched numbers, shrugs for answers, higher taxes, pork for their buddies…
Conservatism is just a scam dressed up in perpetual war.
“P.S. If you wanted us to care about you, you should have stayed in your mother’s womb.”
5 Likes
Folks here (you included with this zinging statement) are so much better at ads than the DNC. That sentence should have been running nonstop on TV, in the papers, online, etc. No elaborate music or celebrity spokesmen or anything else would have been required.
1 Like
Hats off to the Republicans for pulling off such a massive heist, plus bonus points for characterizing it to the victims as a “Christmas present.” That in itself is cynical, but what follows, step two in the plan to loot the country, is the full-scale retrenching on financial markets with the popping of the current asset bubble. About 2/3 of the dot-com bubble losses, over $1.5 trillion in 2001 dollars, were allocated to foreign investors. I suspect some foreign investors will also get wiped out this time around but a lot of the losses will also be allocated to the government through placing privately incurred debt and losses on the public ledger. Kind of a hybrid of the 1999 and 2008 financial crises.
The current legislation is euphemistically named “The Tax Cuts and Jobs Act of 2017”!
Why, when it expropriates so much wealth up or out of the country? We have creative people posting at TPM and I can think of better names such as the “Bend Over, Hold Your Ankles and Smile Act of 2017”. But that’s thin gruel, where is ralph_vonholst when we need him?
I want my senator to punch Orrin Hack.
He wants television appearances and the chance to defend Donnie in court. The Trump administration is a bonanza for lawyers.
I’m sure he was equally indignant on behalf of FBI agent Strzok when his text messages were leaked to the public, after he’d been removed from Mueller’s investigation since (why this isn’t mentioned every time this matter’s brought up I don’t fking understand) JULY,
3 Likes
SNORT< Cornyn’s idea of a typical married couple among “the little people”. Someone should ask him on camera, “Senator, what is the average price for a gallon of milk in a grocery store?”
1 Like
Waiting for legal expert to cross examine Hannity in the docket…waiting, waiting. Oh, and Rush, too.
I believe the official position of the Republican party is “if poor kids really wanted health care they would have made sure to have rich parents.”
1 Like