WakeandBake
Well-known member
Palma’s giddiness over this shitty governing is everything that is wrong with America.
Palma’s giddiness over this shitty governing is everything that is wrong with America.
I'm serious, dude's paying my student loans. Also, again its somewhat amusing that saving 90% of the country money is shitty legislation. Odd that message isn't resonating at the ballot box.
50% of the country. And only 30% of those making between $30K and $100k
this is nine kinds of false, what kinda fakenews are you digesting these days. yeesh. Pretty sure those numbers you are referring to are 10 years down the road after all the cuts expire (At which point they'd just re-up)
That's what the bill does man, not my fault they wrote it that they. They didn't have to.
I'm serious, dude's paying my student loans. Also, again its somewhat amusing that saving 90% of the country money is shitty legislation. Odd that message isn't resonating at the ballot box.
It's not saving money. We will just have to pay for more of various goods and services that our taxes would typically pay for.
It helps people immensely for 10 years then punts it to congress 10 years from now to continue the lower rates. They had to structure it that way because for some reason democrats won't vote for the rates to be permanent. Apparently helping 90% of their constituents is bad politics according to democrats. Odd, really.
Perhaps they object to giving 95% of the people crumbs, in order to pay for larger cuts for the super wealthy.
Again, you referring to a couple hundred bucks a month as crumbs might just be why the average joe thinks you're an elitist jerk from DC. There are people to which that amount of money matters, and it's most of the country.
It helps people immensely for 10 years then punts it to congress 10 years from now to continue the lower rates. They had to structure it that way because for some reason democrats won't vote for the rates to be permanent.
A couple hundred a month??? Paul Ryan was recently bragging it would save a hypothetical family $700 a year. Or less then $60 a month.
This is what they call being generous.
Again, they did not have to structure it that way. They could have given bigger, permanent tax to the lower and middle class. But they prioritized huge permanent cuts for corporations and the wealthiest Americans. And since we still have to, you know, pay for stuff, they had to make the middle class tax cuts temporary (but keep permanent things that actually raise taxes on the middle class, like chained-CPI). That basically leaves us with two options.
1. We take the bill for what the text says, a tax increase for half of Americans overall, and two thirds of Americans in the middle quintile of income, while giving over 60% of the total savings to the top 1% (40% of the savings to the top 0.1%).
2. We pretend that the tax cuts will continue after they expire and prove the Republicans who were screaming about the deficit are all full of shit. Dramatic increases in the debt suppresses GDP and most likely result in cutting services (they are already talking about doing this "next") that are disproportionately used by the lower and middle classes.
Either way, the bill sucks.
probably yes but we will say yes.