Seems like this is the end game for the Republicans.
Start off by giving massive tax breaks to the super wealthy donors, written by lobbyists for the donors. Make sure it increases the deficit. Those billionaires got jets to upgrade! ✔️
Next, complain about deficit spending. Instead of requiring the extremely wealthy to pay, or slashing our military budget (bigger than 8 biggest countries’ COMBINED), suggest drastic cuts to programs that benefit the poor (Social Security, Medicare, Medicaid), including veterans, senior and children. Those mooches gotta work! —Coming 🔜
Next...what are we going to do with all these sick, malnourished and dying poor people? They could be processed into pet food for the wealthy. Or fertilizer? There must be some other uses. 🔚
Seems like this is the end game for the Republicans.
- Microsoft / Product KarsamoreCan't eat them.. Think of all the chemicals they ingest from McDonald's...
- Yeah, Trump won because Clinton depressed Democratic voter turn out. Her campaign’s strategy internally was to go after moderate Republicans. Early in the campaign her team PROMOTED trump in the media because they thought it would hurt Jeb or whoever they thought a real contender might be.
It was an out of touch and strategic calculation that backfired because going after moderate Republicans (who ended up voting for their party anyway, meant that the campaign had to equivocate on issues important to regular liberal voters.
Obama offered hope (regardless if you think he delivered or not) and got big turn-outs. Trump got less votes than McCain or Romney I think.
So blaming 3rd party voters is simple scapegoating and illogical. Besides, to me it’s not voting purity, it’s voting for a different kind of politics altogether. HRC would advance a status quo that I am opposed to even though I’m also opposed to Trump. If the DNC didn’t spend the last 8 years keeping gitmo, the war on terror, and deportations going while bailing out the banks - then I might be willing to take them at their word when they claim to be on our side.
- @Johmy Trump got more votes than McCain and Romney: 62.9M vs 59.9M and 60.9M respectively. Hillary's policy platform was actually quite liberal and included many of Bernie's ideas. This was one reason why she couldn't peel off enough Republicans to win. Many who voted against Trump during the primary were open to Hillary, but ultimately her ultra liberal platform and nonstop identity politics were deal breakers.
- Amazon, yes you’re right. Earlier reports In the days after the election put him at less.
At any rate Hilary lost the votes that Obama received - it was a referendum on the Dems last 8 years and Clinton’s inability to motivate a positive agenda.
Trump and Clinton ran campaigns based on the unpopularity of their opponent.
The difference was that Hilary was seen as an equivocator on liberal issues and couldn’t inspire the Obama voters. Trump could rally a small but solid and passionate base of middle class resentment and pull in Republicans who just hated Clinton.
In an age of polarization, the DNC are playing to the center and that’s a loosing strategy for them and bad for the rest of us as the far right tries to grow their influence in the mainstream right.
- Where are these massive tax breaks?
Show us what someone earning $10M pays under today's plan versus the new plan.
- Well we got rid of coverage of cancer treatment in Medicare. We will basically just let the expensive old people die off early and let the medical industry fleece the their money.
It’s a start I guess. The main course will be privatization of Medicare and social security. Then The middle class will be in the soup.
- Dude, I’m so sorry about your dad. Not trying to imply our healthcare system is good to begin with. I watched both my grandparents lose everything to the healthcare industry once they started getting sick. Their home, their pension, social security. Everything. Hospitals took it all.
But this slow and gradual chipping away or healthcare in this country needs to stop. Were the richest country in the history of the world. Nobody should have to make a decision between financial ruin and healthcare.
If you’re not at the table, you’re on the menu. Come 2025, the menu will be social security and Medicare.
- The bottom 45% pay no federal income tax. The top 20% pay about 90%. Plus, many at the bottom still get tax subsidies (welfare) paid by the middle and top income earners. Do your homework and stop listening to crazy Bernie.
- Of course it mathematically makes sense that the bulk of the tax dollars come from the top 20% of earners. They achieve this with a 25-35% tax rate, because of their higher income. Also don’t forget the AMT.
I remember in a post where I said the free market wasn’t perfect. It’s not perfect in that great success (Silicon Valley) can push out the still-successful-but-less-so. Everything goes to the highest bidder, even basic things, are priced strictly on demand and not on their actual value.
I’ll take that 2 bed / 1 bath and move it to rural NC on the same size lot. I bet you it won’t be worth $1.5M there. The house and property isn’t WORTH that price. It’s a measure of someone will give up to live in that particular area. Make no mistake, I don’t want to Robin Hood everything to the guys living in RVs, I’m just making an observation.
Also, I see what’s being said about the working poor. At a specific income range, the tax makes the difference between covering basic expenses and not being able to. That band is simply a characteristic of our current tax scheme. And it sucks for whomever falls in that range, you’re so close, yet so far away.
I’m not showing sympathy for those who’ve racked up frivolous revolving debt, but I am aware there’s only so much you can cut back before you start having to make sacrifices that cause some serious concern in states where the poverty line seems to fall nowhere near the cost of living:
1.) Sacrificing living independently because an aging studio apartment is 2-3x what your full time income at 2-3x the minimum wage supports with NO debt.
2.) Sacrificing eating entire food groups because of the cost of fresh fruits, vegetables, and unprocessed meats is too great to include daily.
3.) Choosing between having insurance and not being able to make the copay, or paying cash and not being able to afford the penalty.
I understand there is not going to be any sweeping tax relief that just eliminates all income tax up to 80k, which is what it sounds like some people are asking for. Not so long as there continues to be so many refundable tax credits on top of our existing standard deduction.
Any major city is hard to buy into when you are coming from a smaller area, lower salary, and less opportunity. I have never had to swim against a current so strong as when I moved to Bay Area. Truly an eye opener.
I guess we’ll see where this all goes in a year or two.
- Poor people need jobs, not food stamps. That's why Trump won the election.
- 1) How is it easy to get out of a recession, period? It requires borrowing and tax cuts. That’ll increase debt. That’s why Roosevelt and Bush also had nasty numbers
2) How does every conversation that’s critical of our *current* president devolve into shitting on Obama? Get a grip
- This is A Modest Proposal: https://en.m.wikipedia.org/wiki/A_Modest_Proposal
- I spent several hours going over the tax bill and reviewing different angled articles of it, and it seems on average that every income bracket received a tax break. Initially everybody is about the same, but in 10 years there’s a clear bias towards the wealthy. But what is the problem? I for one am happy to receive a tax break, I don’t understand the resentment.
- You don’t prove your theory by taking the data that jives well with it and ignoring the rest (that’s called cherry picking and it is an unethical practice). You prove it by showing that it holds good for every single data point. I’m pretty confident you have not done that
It’s so easy to blame the poor and say they are lazy and want freebies from the government.
Have you ever thought that the government polices giving more to the rich and less to the poor is what’s actually hurting this country? Do you realize that most government policy is based on what the rich want? I guess you don’t!
You seem to be one of those who thinks that the poor can do more with less while the rich can do more if they have more. If that was the case there would be no poor people however we know that that’s not true so your hypothesis doesn’t hold (in other words you don’t know what you are saying)
- The rich pay more in taxes than the wealth they have, by percentages. The problem is parenting, not how much Bezos is making in stocks. If people wanted to do well, they’d do it. I myself am a testament to that, so it kills me to see people spend their limited pay checks on garbage shit they don’t need. Temporary joy in exchange for no growth down the road.
The only thing I had growing up that the majority of my peers didn’t have was parents that were driven to allow me to do better than them. They weren’t rich, they were quite poor, we ate at soup kitchens and I went to some of the worst public schools in the country.
But you know what? My parents didn’t tolerate bad scores. They didn’t tolerate me not applying for every possible scholarship I could find. If there was something untouched and my parents found out, I’d get my ass whooped. Never ever pass up potential growth opportunities.
And that, my friends is why the majority of my peers didn’t grow. They didn’t give a fuck about saving money. It was all about instant joy. Debt for TVs, drugs for highs. And now that I’ve worked my ass off all my life to get to what many would see as a privileged position, I need to step back and pay to subsidize the living of many people that just don’t give a damn about bettering themselves? It’s criminal.
Obviously there are people struggling to get by, and not everyone was born with amazing parents, but the fact that I was able to maneuver through the bullshit of life to get to where I am is evidence that it IS possible.
- Your turnaround is commendable however you can’t compare your life with others and say that if I can do it so can they. Luck is also a factor and that is something you should consider (lucky to have parents who pushed you, lucky to get breaks that help start your career and so on).
This has nothing to do with subsidizing things for the poor. It has everything to do with giving them a little push to get started. The tax system is supposed to be tiered so that the poor pay less as a percentage of income and the rich pay the most.
A government is supposed to serve its people, not squeeze them so hard they can hardly breathe. Only those who don’t care do those uncaring things
- The rich pay by far, not even close, the most taxes. Additionally, half the country doesn’t even pay fed income taxes. And, what they do pay as far as state and local taxes go (assuming they’re buying just necessities to get by), is virtually nothing as well.
Unless you’re born with mental or physical challenges, you shouldn’t need handouts from the government beyond what everyone normally gets (shitty k-12 education, no sales tax on milk and bread, roads to walk on, etc). The government shouldn’t be there to catch every single mistake people make because they’ll never learn and they’ll fall into a repeating cycle of staying the status quo and pushing the government for more freebies. Part of the reason large cities that have been historically represented by the left continue to fail is that people don’t change if you keep giving them things that incentivize little change. To overcome the government incentives to stay where you are, you have to have good parents that show you there’s more than what the government has to offer. Breaking the reliance on government has been my single most proud achievement of my life.
- Microsoft / Eng Oh seesthe Dead Kennedys song on this topic was called Kill the Poor. At last we have more room to play.
- Can’t you see the new laws which would make children financially responsible for their parents, and parents’ debts?
- Facebook / Eng unicorn-The whole premise of OP’s post is false. Majority of people earning over 1M will pay 100s of thousands more in states with income tax or high property values. In CA the federal tax goes up by 4.4 to 6% depending on your income just due to the loss of state income tax deduction. The majority of the real tax cut goes to corporations on assumption that they will reinvest (unclear to me).
Any time you claim that D’s or R’s are somehow a good party, you lose all credibility. Both parties are build on using divisive issues to sway uneducated voters not on any sort of attempts to make things better
- I’ve never really been a fan of tax deductions. I think everyone should pay the same percent with no “loopholes”.
As far military spending, I think they see it as the founding fathers identifying a “common defense” as one of the only things the feds should do. Most everything else handled by the state, 10th amendment and all.
It is kind of funny to see the general left up in arms about deficit growth while basically silent over incredible growth the last several years. Surely a bit hypocritical?
- But the right is also the side of big business, and most cases they’ll take deficit increase to spur economic activity, as clearly democrats do as well (bailing out big name companies). Where was the concern of spending when Obamacare was signed? Surely no one thought that was going to slightly increase the deficit?
- Another legislative possibility for Koch United: bring back debtors prisons and pass laws requiring labor in the jail (voluntary of course...if the prisoners want to eat.) The poor will be deep in debt without entitlement programs so they’ll have no choice. Bring back the chain gangs!
- Microsoft DyXO40How has voting democrats for decades been working for the poor? Oh right they just keep getting poorer.
- Selective sampling there Section X.
The Reagan economy was a one-hit wonder. Yes, there was a boom in the mid-1980s, as the economy recovered from a severe recession. But while the rich got much richer, there was little sustained economic improvement for most Americans. By the late 1980s, middle-class incomes were barely higher than they had been a decade before — and the poverty rate had actually risen.
- With adequate profit, capital is very bold. A certain 10 per cent. will ensure its employment anywhere; 20 per cent. certain will produce eagerness; 50 per cent., positive audacity; 100 per cent. will make it ready to trample on all human laws; 300 per cent., and there is not a crime at which it will scruple, nor a risk it will not run, even to the chance of its owner being hanged.
- 44% don't pay federal tax at all. How do you expect them to get a break on tax reform?
- Where is this figure from? Are you talking about income tax?
44% don’t file Income tax returns - that means both people who owe money and people who have tax money owed to them. If they are working some money is being paid each paycheck.
Regardless, tax cuts generally mean, on the state and local level anyway, that cities find the funds other ways: parking tickets, higher fares or fees for formerly subsidized public services like transportation, more sales taxes and “sin” taxes. Schools get defunded and parents take their kids to private schools or the Public school which now asks parents to pay for more supplies and help with fund raising.
The gap created by tax breaks for companies and high income earners is filled with fees from middle and low-income earners.
Tax the rich and fund education, public transport and low income housing and all of our lives will be better. Give corporate tax breaks and they will just sit on the money if the economy is bad and there’s nothing to invest in while services and the majority of the population suffer.