| If so what taxes are still on the table? I mean anyone have any ideas what would still be on the table to pay for the human infrastructure 3.5t bill? It would prob be like a 2t bill if they agree, but would step up basis come back into it? No joke I stand to inherit money. I don’t care about anything you soak the rich idiots think. I just want to know what taxes are still feasible. They should pass the 1.2t infrastructure alone, but all these progressive fks are whining they’ll tank that without the other, so what’s in it? Does it usher in socialism in perpetuity through couched language? I hate trump ans McConnel but at least they weren’t trying to screw everyone by taxing them to death out of “fairness”. |
| A rising tide lifts all boats. Including yours, OP. |
| I highly doubt that stepped up basis comes back. However nobody, including Sinema, has any idea what Krysten wants. |
I mean, does it, tho? How are higher taxes lifting my boat? I’m all for reallocating funding toward public schools, programs to teach financial literacy, climate change, but at what point is just giving out a child tax credit in perpetuity helpful? Shouldn’t we just institute UBI, a flat tax and a VAT…the democrats want to shoe horn in coded language for perks that won’t go away and to get them re-elected. |
Agree. It is not at all clear that what the Democrats are proposing will lift any boats. In fact, it seems more likely that this bill is a torpedo that is going to sink a lot of boats, with the question being how many. It's basically $3.5T worth of the Democratic Party's pet projects. I also find their constant argument that they are going to make the "rich" pay their "fair share" grating. Although I consider myself fortunate to have a HHI over $400K, I would not consider myself rich, but I do already pay a substantial amount in taxes every year (much more than lower income people do). |
| It makes be very nervous that we have only 2 humans protecting the country from insanity. |
| I'm mystified by Sinema. Manchin makes some sense. He's from a very red state and needs to show separation from the party to get enough votes to win. He's also historically been pretty conservative. But Sinema is from a state that is strongly trending blue. Her campaign specifically promoted a bunch of the items that are in the reconciliation bill. That's what she won on. She used to be a Green Party activist! And now her support among democrats in Arizona is in the tank. If she sinks the reconciliation bill, she is guaranteed a strong primary challenge that she will almost certainly lose. It's baffling. |
| Sinema was one of those astroturf "green party" members funded by the Koch's. So she essentially won the Dem nomination under false pretenses and is now cashing in. Her net worth has raised $750,000 since she was sworn in. |
Cool. I like her. Fk raising taxes. |
Usually people in these types of jobs/roles are motivated by money, power, or both. This article, which is admittedly an opinion piece, suggests that power--in the form of attention--is what motivates her. https://slate.com/news-and-politics/2021/04/kyrsten-sinema-ring-message.html "...her weirdo politics, which have drastically changed over the years and don’t seem to coalesce into any discernible, deeply-held ideology at all." "Since the Democrats took control of all three branches of government in January, Sinema has relished her new role as one of just a few Democrats standing in the way of an ambitious progressive wish list." "Sinema is behaving like a drama-seeking celebrity caught in a cycle of clap-backs, not like a senator who has the power to block, or implement, policies that would improve the lives of millions." ..."a suggestion that Sinema is as motivated by spite and ego as her most insufferable Republican counterparts." |
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This. So scary. If people think inflation doesn’t matter and/Or doesn’t hurt the poor…..please stay strong Joe & Krysten!!! |
Perhaps she understands that voting for this nonsense will undermine the dollar, fuel inflation, and perversely encourage drug addicts to have 12 kids for the checks. Maybe she is doing something very difficult:following her conscience under immense pressure to do otherwise. |
Lol, the reconcilliation bill is revenue neutral. It's not inflationary and things like letting medicare negotiate drug prices, community college/child care/preK, and middle class tax cuts would lower costs for everyone. Now, not raising the debt ceiling on the other hand... |
Undermine the dollar? That's hilarious. Defaulting on our debt would be the single most destructive thing for the dollar in our entire history. |