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Old 11-14-2017, 09:12 AM
 
15,366 posts, read 5,710,302 times
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Quote:
Originally Posted by Loveshiscountry View Post
Show proof of this.
The CBO scored the bill. It's easy to find. Do your own Googling.
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Old 11-14-2017, 09:14 AM
 
17,750 posts, read 19,791,121 times
Reputation: 7418
Raise taxes on 4% of population? Lower taxes on 96%? Win....
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Old 11-14-2017, 09:17 AM
 
2,112 posts, read 786,695 times
Reputation: 1184
Quote:
Originally Posted by evilnewbie View Post
Raise taxes on 4% of population? Lower taxes on 96%? Win....
Just because someones taxes is not being raised doesn't mean it's being lowered.
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Old 11-14-2017, 09:37 AM
 
5,214 posts, read 1,563,293 times
Reputation: 3042
Quote:
Originally Posted by evilnewbie View Post
Raise taxes on 4% of population? Lower taxes on 96%? Win....
According to an analysis by the New York Times, “roughly one-quarter of families in the middle class would see their taxes increase in 2018, by about $1,000 on average. By 2026, the share seeing an increase would rise slightly, to about one-third, and the average increase would rise to about $1,600.”

The richest Americans, this analysis found, are most likely to get cuts; 80 percent of them with annual income of $500,000 or more would, especially if their money comes from investments rather than a job.


Win?
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Old 11-14-2017, 11:19 AM
 
32,439 posts, read 16,612,446 times
Reputation: 17447
Quote:
Originally Posted by sware2cod View Post
Likely all of those that get tax hikes are Middle Class and Upper Middle Class.

100% of billionaires and large corporations will be getting huge tax cuts. On the backs of the Middle Class and Upper Middle Class.
Can't squeeze any more from the poor, but all those middle-class people have money that could belong to actual billionaires, and that just isn't natural.

Hey, GOP voters? Remind me again who's looking out for the middle class?
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Old 11-14-2017, 11:32 AM
 
524 posts, read 168,898 times
Reputation: 227
Quote:
Originally Posted by shaker281 View Post
The two are impossible to separate. Either you cut spending or raise revenue when faced with a deficit. Econ 101

Promising that tax cuts will pay for themselves amounts to a bald faced lie. Even in times of growth these cuts are admittedly going to raise the deficit. When we finally hit a period of recession it will be an even worse situation.

But, the real point is why should between 13.8 and 21.4 million households have to pay for tax cuts for the wealthy (who I hear are doing just fine) or corporate America (who are showing record profits and not raising wages)?
How do you explain Calvin Coolidge reducing the deficit billions of dollars during the roaring twenties?

If the American public were not so eager to buy what amounted to snake oil stock investments during that period with their extra savings, much of like what is happening now, do you think that the great depression would have happened?

It is actually much much worse now because of the compounding debt problem. The middle class is virtually broke because of usury.

The middle class is constantly trying to bite the hand that has fed them when to really change things they need to cut the hand off.

Last edited by Objective Detective; 11-14-2017 at 11:42 AM..
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Old 11-14-2017, 11:39 AM
 
32,439 posts, read 16,612,446 times
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Originally Posted by pghquest View Post
Just the other day they were crying it was gonna blow up the deficit.. now its gonna raise taxes...
Think. Think hard.
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Old 11-14-2017, 11:43 AM
 
3,988 posts, read 1,677,489 times
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Quote:
Originally Posted by Dane_in_LA View Post
Think. Think hard.
to be fair Trumspters can only conceive of a binary world, trying to understand nuance will make their heads explode.
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Old 11-14-2017, 11:55 AM
 
524 posts, read 168,898 times
Reputation: 227
Quote:
Originally Posted by Metsfan53 View Post
to be fair Trumspters can only conceive of a binary world, trying to understand nuance will make their heads explode.

Apparently, since FDR, the democrats need a really big government to care care of them because people are incapable of taking care of themselves without it.

Notice how many large scale recessions and wars happened after that. The public education system is a failure. The war machine is enabled by many people who join because they cant get decent jobs. The economy sucks.

Just as many "Trumpsters" could be labeled as leftists because they are tired of being puppets to bureaucratic waste that the democrats embrace.

Big bureaucracy progressive-ism is much more binary than small govt. progressiveness. This is a fact.
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Old 11-14-2017, 12:00 PM
 
Location: Florida
63,001 posts, read 34,311,857 times
Reputation: 10459
Quote:
Originally Posted by Loveshiscountry View Post
it's not a revenue problem, it's a spending problem,
How are they addressing the problem?
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