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Congress authorizes spending, just FYI. Why do you think Rand Paul was raving at his own party for authorizing spending which will add $10 trillion to the debt?
"for authorizing spending which will add $10 trillion to the debt?"
What are you going to say when that does NOT happen?
Keep in mind the left said the SAME thing for the W. Bush tax cuts and the debt went DOWN after it took affect.
Trump continues to tout this is the biggest tax cut in history. Either he is misinformed or is lying.
It's the 8th largest tax cut in US history. It's the first major tax cut since 1981, when the Democrats held the majority.
It's the first tax package in history that has been passed with zero votes from the minority party.
There is likely no Congress Critter who has read the entire bill. Congress critters are not tax experts. More than 2000 lobbies, employing more than 6000 lobbiests have influenced the bill. Congresd has to pass it to read it.
There will be intended and unintended consequences, good, bad and ugly.
NO ONE gave the right to speak for me or millions of other Americans mo matter how influential you THINK you are!
Dear Not quick enough,
The majority of Americans are opposed to the tax cut and the resulting rise in the deficit. Majority rule is how Democracies are supposed to work. Billionaires got a permanent tax cut. Yours is temporary. Got it?
Our taxes have an end date, corporations don't. Someone has to pay for the deficit so I guess it falls on the middle class. That's not winning to me. I'm sure democrats will fix this in the next election.
Tax cuts don't have to be "paid for" as the Democrats always like to claim, because the increased economic activity results in more revenue, not less ...just as we saw during the Reagan Administration, when revenue to the Federal Government doubled.
But Democrats always have to find an excuse to be against tax cuts, like calling them "tax cuts for the rich." The simple truth is that Democrats don't like cutting taxes. Period.
Trump continues to tout this is the biggest tax cut in history. Either he is misinformed or is lying.
It's the 8th largest tax cut in US history. It's the first major tax cut since 1981, when the Democrats held the majority.
It's the first tax package in history that has been passed with zero votes from the minority party.
There is likely no Congress Critter who has read the entire bill. Congress critters are not tax experts. More than 2000 lobbies, employing more than 6000 lobbiests have influenced the bill. Congresd has to pass it to read it.
There will be unintended consequences, good, bad and ugly.
Trump is what actors call ad libbing. The facts are irrelevant. He doesn't know them and doesn't care.
You are very astute in your recognition of unintended consequences. In the early nineteen eighties interest rates were in the teens. Could you imagine what payments on the debt would be if today's rates only doubled?
Well then it's up to the party in power to extend it just as they did with the Bush tax cuts even though Democrats claimed and b*tched for years that the Bush tax cuts was only for the rich.
They always say that. It's a built in mantra. They don't know anything else. They only want to increase taxes so they can spend more on aid to illegal immigrants and "refugees."
Yes "tax reform" is passed.
Write your Congressional representative for your free tube of K-Y jelly so that you are ready for the cuts to Medicare and adjustments to the Social Security retirement age.
Bout time!!
That can has been kicked down the road for 90 years.
Finally, not trying the same thing over and over, expecting different results.
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