When nyt admits it’s fake news 🤦‍♂️

Twitter Oomnj
Apr 15 54 Comments

🙏🙏 thank you President Trump for giving the middle class a tax cut 🙏🙏

> To a large degree, the gap between perception and reality on the tax cuts appears to flow from a sustained — and misleading — effort by liberal opponents of the law to brand it as a broad middle-class tax increase.

https://www.nytimes.com/2019/04/14/business/economy/income-tax-cut.html

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TOP 54 Comments
  • Google Mr. Glass 
    This is dumb. Yes, the middle class got a few dollars back. Why are the super rich and large corporations getting massive tax cuts? That's the real problem here and it's predictable that conservatives are trying to hide behind the fact that the middle class are getting a few more dollars back.
    Apr 15 5
    • Twitter Oomnj
      OP
      Well if you pay way more in taxes, then the tax cut is going to save you more in terms of absolute dollar amount
      Apr 15
    • Google Mr. Glass 
      Lol, way to miss the point. Typical.
      Apr 15
    • Intel Who.Dis
      @Oomnj keep your head in the sand
      Apr 15
    • Intel dhrhrjfk
      Ha! You think it's the same percentages and the rich only got the same percentage back and hence their dollar amounts are larger? First off..... That's not true. But I'm curious... Even if that was true, do you think that the same percentages should be applied across the board?
      Apr 15
    • The reality is that “the super rich” by-and-large have very little taxable income and are paying effective rates in the 1X% range. What Trump did with marginal rates will have little to no effect on them.

      Re: corporate taxes, study an economics text book. There is no such thing.
      Apr 15
  • Intel Who.Dis
    So why is a tax cut good for the continuity of my government and society? Why is this a good decision?

    I don’t want a few more dollars while I shell out $200 every 6 months to fix my alignment from the potholes.

    I don’t want a few more dollars if there are people in my society that don’t have food.

    I don’t want a few more dollars if I don’t want to walk the streets and parks at night because of a homeless epidemic.
    Apr 15 4
    • Amazon StartNew
      You know that those pot holes are the responsibility of your local government right? Being uninformed isn't cute
      Apr 15
    • Intel Who.Dis
      Sure, the decision to build an interstate highway was made federally and then the maintenance was dumped onto local governments. Does that make sense?

      Who has better resources to address the problem? Should the local government be allowed to toll an interstate highway?
      Apr 15
    • Twitter Oomnj
      OP
      Your issue is with spending priorities not lack of tax revenue. We need responsible spending, I don’t think anyone disagrees with it, raising taxes does not lead to better spending
      Apr 15
    • Amazon StartNew
      @Oomnj how dare you say that our government doesn't spend wisely?!
      Apr 15
  • So to be clear you are saying any pro republican articles or pro trump articles in ny times are not fake news but everything else is ? Typical ..
    Apr 15 2
    • Amazon StartNew
      Concentrate on this one for now
      Apr 15
    • Twitter Oomnj
      OP
      This is the fake news:

      “To a large degree, the gap between perception and reality on the tax cuts appears to flow from a sustained — and misleading — effort by liberal opponents of the law to brand it as a broad middle-class tax increase.”

      NYT itself comes under liberal opponents mentioned in that sentence, hence it was spreading fake news about the tax bill before and is now admitting it
      Apr 15
  • Microsoft
    🐙M🐙

    Microsoft

    BIO
    🐙
    🐙M🐙more
    My taxes went down by about $100

    The Koch Brothers’ taxes went down by about $1 billion.

    So I think I’ll keep opposing it
    Apr 15 6
    • Google Mr. Glass 
      This guy gets it.
      Apr 15
    • Compass 905
      This.
      Apr 15
    • Twitter Oomnj
      OP
      Just means they were paying way more in taxes than you were
      Apr 15
    • Compass 905
      Troll in the Dungeon!!!
      Apr 15
    • BlackRock xis
      Yes, thats the psychological issue that the article refers at the end.
      Apr 15
    • Amazon 737max💥
      Their RATE went down more, so no, it's not a psychological issue. The tax bill primarily benefited the ultra rich.
      Apr 15
  • Dropbox systest
    Mainstream media on both sides of the aisle are both guilty of this. There’s no moderate news source any more.
    Apr 15 5
    • Twitter Oomnj
      OP
      Yeah - but you can’t compare random misleading blogs to the NYT, which classified itself as a Pulitzer winning unbiased source of neutral journalism.

      I couldn’t care less if NYT shills for the DNC, or the communist party, as long as they classify themselves as such
      Apr 15
    • Microsoft gfba68
      The NYT does not shill for the DNC
      Apr 15
    • Twitter Oomnj
      OP
      I said I couldn’t care less *if* they do
      Apr 15
    • BlackRock xis
      Mainstream media can only talk subjectively about certain arguments. Do you blindly believe what people tell you ?
      Just show me the data and I will interpret it myself.
      Apr 15
    • Microsoft gfba68
      Okay it's nice you don't care. But they don't, for the record
      Apr 15
  • BlackRock xis
    tldr; Democrats won the perception war this time.

    Summary:
    last year’s tax cuts showed up mostly in the form of lower withholding from workers’ paychecks. A few extra dollars in a biweekly paycheck proved easy to miss. Moreover, as taxpayers filed their returns, many found they were due smaller refunds than in the past, which may have further skewed perceptions of the law.

    Surveys consistently show that what bothers Americans most about the tax system is not that they pay too much but that they think corporations and the wealthy pay too little.
    Apr 15 5
    • Uber domin8
      Democrats = winning!!!
      Apr 15
    • Twitter Oomnj
      OP
      Agreed!
      Apr 15
    • BlackRock xis
      Since you expressed it like FLT, let me give you something to think:

      Is = is assignment or equality check , if it’s equality is it reference equality or value equality. Is ! Factorial or Not.
      And is it duck typing, looks like winning, walks like winning, so must be winning.
      Apr 15
    • Uber domin8
      Blackrock, you just had a stack overflow. Please reprogram yourself.
      Apr 15
    • Dropbox systest
      This analysis is correct. People don’t care about their withholdings, they care about their tax refunds.
      While Trump lost out on this one, he probably doesn’t care as long as corporate taxes got cut.
      Apr 15
  • Coinbase hBpg61
    The middle class got a few dollars per paycheck, and then many received way less refund or even had to pay with their return. That doesn’t help the economy because this tax bill did not factor in spending habits of the middle class. The folks that received the biggest tax cuts will not be putting that back into the economy soon, because as Warren Buffett says, 1000 people will spend $1,000 more efficiently than 1 person $1,000,000. Moreover, the deficit (and the debt) is getting blown out of the water, and who best to get saddled with that than the GenX-ers and Millennial when they retire? So yeah, this tax bill is batting a 1000 when it comes to tonedeaf, shortsighted economic policy.
    Apr 15 0
  • Snapchat AlexHeath
    You’re missing the point. The increased deficit is going to eat those tax cuts for lunch.
    Apr 15 0
  • Tableau Ydobon
    Personally, my taxes went up. And taxes will go up on the middle class in a few short years, since they had to raise taxes on everyone else to pay for this bill. Not to mention that all of this is on the national credit card, adding $200 billion to the deficit every year.

    Even worse, we got almost no long-term sustainable investments from this tax bill. Nor did employees get much of anything. It almost all went to stock buybacks, artificially inflating the market.

    Worst of all, we are massively building up the deficit while the economy is booming. What will you do when it tanks?

    Short term gain leading to long term pain. This was an incredibly shortsighted and foolish bill that we will be paying for for years
    Apr 15 3
    • Google Mr. Glass 
      But according to OP, since the middle class is temporarily getting a few dollars back, this was a brilliant move.
      Apr 15
    • Jet.com / Other
      gtfoorgtfo

      Jet.com Other

      PRE
      Starbucks
      gtfoorgtfomore
      Same with climate change - our kids are going to have to deal with a bigger mess
      Apr 15
    • Microsoft do kkd pee
      ^^ Same with global cooling, now warming. Endless hysteria ...
      Apr 15
  • Jet.com / Other
    gtfoorgtfo

    Jet.com Other

    PRE
    Starbucks
    gtfoorgtfomore
    Where is fake news? What is fake exactly? What is news?
    Apr 15 1
    • Clover Health sinkinship
      I'll do you one better: Why is news?
      Apr 15
  • Uber gRtV35
    Apr 15 0
  • Coinbase hBpg61
    You debunked yourself in your post. That’s hard to do. Congrats.
    Apr 15 0
  • Uber domin8
    Tax cut is a fake news. It's a tax hike, where people need to pay taxes on taxes now. Not a single socialist came up with this. We now have a gaping hole in the budget and national debt is exploding. All the money are going to the welfare programs for military contractors.
    Apr 15 4
    • Amazon StartNew
      The money is also going towards entitlements - you missed that little point
      Apr 15
    • Uber domin8
      Nobody is entitled for a fake job at some military contractor.
      Apr 15
    • Amazon StartNew
      Agreed. Both expenditures need to be revisited and and significantly cut
      Apr 15
    • Uber domin8
      👍
      Apr 15
  • Microsoft gfba68
    I've never seen a liberal brand it as a middle class tax increase. This is a motivated op-ed
    Apr 15 4
    • Intel Who.Dis
      Breitbart and FOX branded the “liberal message” as a “middle class increase”
      Apr 15
    • Microsoft gfba68
      Yes, so maybe the story is that Breitbart lies. Even the article that complains doesn't link to any instances of this.
      Apr 15
    • That's been the common talking point here. The ignorance among seemingly smart people is astounding.
      Apr 15
    • Microsoft gfba68
      What has been the common talking point here? That liberals brand it as a middle class tax increase? I don't think I've seen a single person say that
      Apr 15
  • Amazon / Project
    Ken M

    Amazon Project

    BIO
    TPM
    Ken Mmore
    I am not rich but did not get a tax cut due to SALT limitations. I guess it’s all how you define middle class and rich.
    Apr 15 0