They had no clue what they just passed.
https://www.huffingtonpost.com/entry/house-republicans-tax-brackets-brady_us_5a3a74b8e4b0b0e5a79ec354?pu9
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Itās always one of those questions like which came first, chicken or egg whether the Repuglics are more evil than they are incompetent or if they are more incompetent than they are evil.
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I did some quick math for my own situationā¦ Iām getting a $300 tax cutā¦ a whopping $11 more in my paycheck each month.
When people donāt get a huge windfall in their pocketbooks, but see CEOs get huge pay raises and tax breaks, Repubs will regret their backslapping grandstanding today.
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Donāt worry, Donny. Iām preparIng my own victory lap when you resign in disgrace, are impeached, stroke out, or die in office.
Iāll buy champagne and toast your misery, you worthless corrupt pig.
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Itās like being a parasite that kills the host but knows itās going to kill the host and doesnāt care because maybe the whole situation will just kind of blow over by election day because the host is too stupid to know itās dead.
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Trump taking his victory lapā¦
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We can but hope.
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Not bad! You can get a day or so of hospice for that. Not one of the nicer ones, but hey, you should have worked harder.
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We have to run this as a class warfare campaign. The Republicans declared war on wage earners and homeowners. Those are the two groups which get hurt the most in this bill, while the country is saddled with debt, higher interest rates, higher health care premiums and an economy that will start to flatten out (just like it did in the Bush years). The market too will flatten out and essentially stagnate (just like the Bush years). This tax cut was baked into 2017ās gains. Now with economic fundamentals having shifted in a bad direction with this shitty fiscal policy and a recently tightening monetary policy (which will get tighter as the Fed raises short term rates and long-term rates start to rise), we may feel a pinch in hiring and overall activity beginning in the middle of 2018.
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Coincidentally enough thatās been my plan for retirement since 2008.
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I just hope Robert Mueller drops another bombshell on Friday afternoon to ruin this SOB Christmas.
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Amen.
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That is a pathetically small amount of money. $11 does not fill a car with gas. Yes, I think they will regret this tax cut for the wealthy bill. Also, with the loss of the individual mandate, higher health insurance premiums will negate any benefit for the average tax payer. IMO the rates will be raised in both employer plans and on the individual market. They -Repubs- are dicking with one sixth of the economy. Trump has called it a repeal of the ACA.
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And then the first day possible we impose taxes on the rich that even Leninās ghost would say were maybe a little harsh until we yelled at him to shut up and stay the fuck out of it.
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Ooo - thatās so good because Iāve said for years that it makes no sense that these people who constantly push the Free Market economy - Capitalism to the nth degree - are bent on destroying the one thing that makes it work - a middle class with money to spend.
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No it does not. Gooses and golden eggs. Thereās no lack of metaphors for the ways short-sighted greed will trip itself up.
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For the most part, Iām pleased with how the Democrats (or activist groups) are framing a couple things in current events while theyāre in the news. But I think weāre missing an opportunity to highlight a couple things, and I donāt think class warfare is exactly it.
(1) Republican MoCs are all coin-operated by a small number of mega-donors (so, a little different from class warfare because the private jet tax credits accidentally hit some billionaires who arenāt GOP mega-donors); and
(2) This thing a conman once said that, historically, the economy does better under Democrats (before he smelled weakness and registered as a Republican so that he eventually could win a major partyās nomination for president).
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Hereās a little present - you may have seen it already, donāt know, but @austin_dave gave it to me on another thread and itās a nice pick me up:
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Hereās an interesting side note from The Atlantic and several other media outlets.
āDespite the GOPās rush to pass its $1.5 trillion āChristmas gift,ā the president might wait to enact the landmark bill until early January to put off automatic cuts to Medicare and other programs the law would trigger.ā
https://www.theatlantic.com/politics/archive/2017/12/why-trump-wont-be-signing-his-tax-cuts-right-away/548906/
The Republicans have to play another game with the usual process in order to push back the sequester cut consequences of what theyāve accomplished so people wonāt realize it or feel the impact until later.
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I have not read it yet but my husband noted on our morning walk that single payer may look more and more attractive to more and more people.
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