Do you think Trump's tax proposal will pass?

[Anonymous]

In 2009 as the global economic situation was in crisis, almost every Republican in Congress opposed a $787 billion stimulus plan in the midst of an economic crisis because they said it would cause a dangerous increase in the federal debt.

Nine years later, almost every Republican in Congress supports a tax plan that is projected to cause an even larger increase in the federal debt

more than $1,000,000,000,000
(that’s a trillion dollars in new debt)

and guess who will benefit the most

Shameful

[Anonymous]

From The Post's Editorial Board: "They either do not care about the debt or they are so deluded by wishful thinking and fantasy economics that they should not be running a gas station, let alone the country."

Spot on!

Someone needs to start a viral social media campaign with this exact quote! We need t-shirts and car magnets ASAP.

It's time to launch a mutiny.

[Anonymous]

Anonymous wrote:In 2009 as the global economic situation was in crisis, almost every Republican in Congress opposed a $787 billion stimulus plan in the midst of an economic crisis because they said it would cause a dangerous increase in the federal debt.

Nine years later, almost every Republican in Congress supports a tax plan that is projected to cause an even larger increase in the federal debt

more than $1,000,000,000,000
(that’s a trillion dollars in new debt)

and guess who will benefit the most

Shameful

That's a solid body blow for which there is little retort.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:The 2018 election is going to be a bloodbath for the GOP crime syndicate.

I don't know, dude. Now their handful of Trillionaire Oligarch Overlords have even more money to use to fuck up our elections.

They’ll just bribe the left next time and you suckers will be appeased. It’s a rigged game.

No, we won't. The Democrats actually do try to solve problems. They have a big money problem, but they've been willing to address campaign finance reform and other sources of big money.

You partisan hacks are such dummies. Bankers, insurers and pharm became richer than God under Obama. Our plutocracy is rigged on both sides; they literally laugh at hoi polloi shilling for Ds and Rs as if it matters.

THIS! This partisan bickering is the modern roman circus to delude the voter. The voter gets all excited -- when my party wins, things will be better and honest (!). BS. you live in a plutocracy. Your vote "matters" a little and not more. Venezuela still has democratic institutions, too, we just acklowedge they don't run the country.

[Anonymous]

Right? Why bother having a democracy at all? Let's just have a thieving kakistocracy of oligarchs like Russia.

[Anonymous]

The Tax bill has a provision that provides for a 100% corporate deduction for automation.

In other words, when the factory floors are fully transformed to replace humans with robots, the companies will be able to deduct 100% of the cost.

Meanwhile, the humans will not have access to decent jobs, education or healthcare.

The GOP is setting up for the dystopian future.

[Anonymous]

Anonymous wrote:The Tax bill has a provision that provides for a 100% corporate deduction for automation.

In other words, when the factory floors are fully transformed to replace humans with robots, the companies will be able to deduct 100% of the cost.

Meanwhile, the humans will not have access to decent jobs, education or healthcare.

The GOP is setting up for the dystopian future.

I went to the Burger King on Shady Grove Rd and they have tablets for ordering (ie: automation). It’s not just factories that are automating jobs away. When Amazon sells an Android tablet for 50 bucks, humans making $1/hr are more expensive. Add in 100% deductions and expect every place to have this.

[Anonymous]

Anonymous wrote:The Tax bill has a provision that provides for a 100% corporate deduction for automation.

In other words, when the factory floors are fully transformed to replace humans with robots, the companies will be able to deduct 100% of the cost.

Meanwhile, the humans will not have access to decent jobs, education or healthcare.

The GOP is setting up for the dystopian future.

The Washington Post had an article last week predicting that 1/3 of the US workforce is at risk of losing their jobs to automation. This tax bill will speed that up. I am not sure businesses will be doing a ton of investment spending but to the extent they do robots are likely to be a growth area

Also iIF you have a big increase in investment spending in the short term you will not see a fall in employment as you will need people to make the robots and there will be a multipliers effect. In the short run there are likely to be benefits to the labor market but given that we are now at full employment this additional spending is very likely to cause inflation. The impact of inflation will be worsened by the GOPs adoption of chained CPI in the tax code which will move middle class families into higher marginal tax brackets more quickly

This is likely to cause the Fed to increase interest rates which will affect every family which needs to borrow to buy a home a car or send their kids to college and every business that is not currently sitting on millions or billions of profits


Also if the government is borrowing a trillion dollars over and above the half trillion a year they are currently scheduled to borrow even without the tax bill this will cause crowding out which means higher interest rates

The tax bill robs from the future to give a sugar high in the short term. The deficits will make spending on research, education, workforce training, infrastructure etc much more difficult
Finally given that businesses have been sitting on record profits without doing investment spending and their signals that they intend to use their windfall for stock buybacks and dividends we are more likely to see a stock market bubble Couple that with financial deregulation including a potential politicization of the federal reserve and there is a real risk of a financial crisis. This time though we will not have as many tools to use to dig ourselves out between high national debt and a potentially weakened Fed

Perhaps this is why economists (me included) have been virtually unanimous in expressing serious misgivings about this bill

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:The 2018 election is going to be a bloodbath for the GOP crime syndicate.

I don't know, dude. Now their handful of Trillionaire Oligarch Overlords have even more money to use to fuck up our elections.

They’ll just bribe the left next time and you suckers will be appeased. It’s a rigged game.

No, we won't. The Democrats actually do try to solve problems. They have a big money problem, but they've been willing to address campaign finance reform and other sources of big money.

You partisan hacks are such dummies. Bankers, insurers and pharm became richer than God under Obama. Our plutocracy is rigged on both sides; they literally laugh at hoi polloi shilling for Ds and Rs as if it matters.

THIS! This partisan bickering is the modern roman circus to delude the voter. The voter gets all excited -- when my party wins, things will be better and honest (!). BS. you live in a plutocracy. Your vote "matters" a little and not more. Venezuela still has democratic institutions, too, we just acklowedge they don't run the country.

Russian or stupid. I'll go with stupid here.

There are in fact differences in how Democrats vs Republicans govern. Democrats respect rule of law, for one thing. Republicans gave us a rapist money launderer who commit treason and the GOP thinks it's just ducky so long as they can keep stealing from 99% of us. Blow your faux wokeness out your butt.

[Anonymous]

The filthy rich puppet masters who control your fav liberals want this too , hence why it will pass. Then your fav liberals will go on TV and pretend there was nothing they could do.

Stop being so gullible.

[Anonymous]

Democrats need to win more seats in 2018. Democrats offered 64 amendments to the Senate tax bill and only one passed (the one which refused to carve out an exemption for the Heritage Foundation trustee and Erik Prince alma mater religious university that would be subject to the new university endowment tax). That was the only one which attracted enough republican votes to actually pass.

[Anonymous]

Anonymous wrote:

Anonymous wrote:The Tax bill has a provision that provides for a 100% corporate deduction for automation.

In other words, when the factory floors are fully transformed to replace humans with robots, the companies will be able to deduct 100% of the cost.

Meanwhile, the humans will not have access to decent jobs, education or healthcare.

The GOP is setting up for the dystopian future.

I went to the Burger King on Shady Grove Rd and they have tablets for ordering (ie: automation). It’s not just factories that are automating jobs away. When Amazon sells an Android tablet for 50 bucks, humans making $1/hr are more expensive. Add in 100% deductions and expect every place to have this.

You have to order from a kiosk at the McDonalds near Dulles Mall, too.

And this isn't surprising. When a person's job requires such minimal skill that a 6th grader could do it (press your selections on a screen and swipe your card for payment) companies will just have their own customers do it.

[Anonymous]

With all of the people coming to this forum from all over the country and world, I think we need to put that energy directly into peaceful agitation. I hope Jeff won't delete this, but listed below are the email and physical addresses of the folks that are doing this to America. They need to be held accountable.

I did not put in the Congress's email addresses because I really think they are even more hopelessly bought and sold than the Senate and almost too crazy to listen or care.

CUT AND PASTE your Senator's phone # or click on the link marked "email" address and let them know what you think. These link email addresses go DIRECTLY to the senators email. Not a web page. I don't care if you are in a Red state or a Blue State. The long-range impact of this tax cut will NOT trickle down to you. Please tell them that you're not going to let them raid state and local funds to pay their fat cat donor's CEO salaries. Because that is what they are a fixin' to do.


Alexander, Lamar - (TN) Class II
455 Dirksen Senate Office Building Washington DC 20510
[phone]
Contact: Click Here To Email Me


Barrasso, John - ( WY) Class I
307 Dirksen Senate Office Building Washington DC 20510
[phone]
Contact: Click Here To Email Me


Blunt, Roy - (MO) Class III
260 Russell Senate Office Building Washington DC 20510
[phone]
Contact: Click Here To Email Me


Boozman, John - (AR) Class III
141 Hart Senate Office Building Washington DC 20510
[phone]
Contact: Click Here To Email Me


Burr, Richard - (NC) Class III
217 Russell Senate Office Building Washington DC 20510
[phone]
Contact: Click Here To Email Me


Capito, Shelley Moore - (WV) Class II
172 Russell Senate Office Building Washington DC 20510
[phone]
Contact: Click Here To Email Me



Cassidy, Bill - (LA) Class II
520 Hart Senate Office Building Washington DC 20510
[phone]
Contact: Click Here To Email Me

Cochran, Thad - (MS) Class II
113 Dirksen Senate Office Building Washington DC 20510
[phone]
Contact: Click Here To Email Me

Collins, Susan M. - (ME) Class II
413 Dirksen Senate Office Building Washington DC 20510
[phone]
Contact: Click Here To Email Me


Corker, Bob - (TN) Class I
425 Dirksen Senate Office Building Washington DC 20510
[phone]
Contact: Click Here To Email Me

Cornyn, John - (TX) Class II
517 Hart Senate Office Building Washington DC 20510
[phone]
Contact: Click Here To Email Me


Cotton, Tom - (AR) Class II
124 Russell Senate Office Building Washington DC 20510
[phone]
Contact: Click Here To Email Me

Crapo, Mike - (ID) Class III
239 Dirksen Senate Office Building Washington DC 20510
[phone]
Contact: Click Here To Email Me

Cruz, Ted - (TX) Class I
404 Russell Senate Office Building Washington DC 20510
[phone]
Contact: Click Here To Email Me

Daines, Steve - (MT) Class II
320 Hart Senate Office Building Washington DC 20510
[phone]
Contact: Click Here To Email Me


Enzi, Michael B. - (WY) Class II
379A Russell Senate Office Building Washington DC 20510
[phone]
Contact: Click Here To Email Me

Ernst, Joni - (IA) Class II
111 Russell Senate Office Building Washington DC 20510
[phone]
Contact: Click Here To Email Me


Fischer, Deb - (NE) Class I
454 Russell Senate Office Building Washington DC 20510
[phone]
Contact: Click Here To Email Me

Flake, Jeff - (AZ) Class I
413 Russell Senate Office Building Washington DC 20510
[phone]
Contact: Click Here To Email Me


Gardner, Cory - (CO) Class II
354 Russell Senate Office Building Washington DC 20510
[phone]
Contact: Click Here To Email Me


Graham, Lindsey - (SC) Class II
290 Russell Senate Office Building Washington DC 20510
[phone]
Contact: Click Here To Email Me

Grassley, Chuck IA) Class III
135 Hart Senate Office Building Washington DC 20510
[phone]
Contact: Click Here To Email Me


Hatch, Orrin G. - (R - UT) Class I
104 Hart Senate Office Building Washington DC 20510
[phone]
Contact: Click Here To Email Me


Heller, Dean - ( NV) Class I
324 Hart Senate Office Building Washington DC 20510
[phone]
Contact: Click Here To Email Me


Hoeven, John - (ND) Class III
338 Russell Senate Office Building Washington DC 20510
[phone]
Contact: Click Here To Email Me

Inhofe, James M. - (OK) Class II
205 Russell Senate Office Building Washington DC 20510
[phone]
Contact: Click Here To Email Me

Isakson, Johnny - (GA) Class III
131 Russell Senate Office Building Washington DC 20510
[phone]
Contact: Click Here To Email Me

Johnson, Ron - (WI) Class III
328 Hart Senate Office Building Washington DC 20510
[phone]
Contact: Click Here To Email Me


Kennedy, John - (LA) Class III
383 Russell Senate Office Building Washington DC 20510
[phone]
Contact: Click Here To Email Me


Lankford, James - (OK) Class III
316 Hart Senate Office Building Washington DC 20510
[phone]
Contact: Click Here To Email Me


Lee, Mike - (UT) Class III
361A Russell Senate Office Building Washington DC 20510
[phone]
Contact: Click Here To Email Me


McCain, John - (AZ) Class III
218 Russell Senate Office Building Washington DC 20510
[phone]
Contact: Click Here To Email Me


McConnell, Mitch - (KY) Class II
317 Russell Senate Office Building Washington DC 20510
[phone]
Contact: Click Here To Email Me


Moran, Jerry - (KS) Class III
521 Dirksen Senate Office Building Washington DC 20510
[phone]
Contact: Click Here To Email Me

Murkowski, Lisa - (AK) Class III
522 Hart Senate Office Building Washington DC 20510
[phone]
Contact: Click Here To Email Me


Murray, Patty - (WA) Class III
154 Russell Senate Office Building Washington DC 20510
[phone]
Contact: Click Here To Email Me


Paul, Rand - (KY) Class III
167 Russell Senate Office Building Washington DC 20510
[phone]
Contact: Click Here To Email Me

Perdue, David - (GA) Class II
455 Russell Senate Office Building Washington DC 20510
[phone]
Contact: Click Here To Email Me


Portman, Rob - (OH) Class III
448 Russell Senate Office Building Washington DC 20510
[phone]
Contact: Click Here To Email Me


Risch, James E. - (ID) Class II
483 Russell Senate Office Building Washington DC 20510
[phone]
Contact: Click Here To Email Me

Roberts, Pat - (KS) Class II
109 Hart Senate Office Building Washington DC 20510
[phone]
Contact: Click Here To Email Me

Rounds, Mike - (SD) Class II
502 Hart Senate Office Building Washington DC 20510
[phone]
Contact: Click Here To Email Me

Rubio, Marco - (FL) Class III
284 Russell Senate Office Building Washington DC 20510
[phone]
Contact: Click Here To Email Me


Sasse, Ben - (NE) Class II
136 Russell Senate Office Building Washington DC 20510
[phone]
Contact: Click Here To Email Me


Scott, Tim - (SC) Class III
717 Hart Senate Office Building Washington DC 20510
[phone]
Contact: Click Here To Email Me


Shelby, Richard C. - (AL) Class III
304 Russell Senate Office Building Washington DC 20510
[phone]
Contact: Click Here To Email Me


Strange, Luther - (AL) Class II
326 Russell Senate Office Building Washington DC 20510
[phone]
Contact: Click Here To Email Me

Sullivan, Dan - (AK) Class II
702 Hart Senate Office Building Washington DC 20510
[phone]
Contact: Click Here To Email Me


Thune, John - (SD) Class III
511 Dirksen Senate Office Building Washington DC 20510
[phone]
Contact: Click Here To Email Me

Tillis, Thom - (NC) Class II
185 Dirksen Senate Office Building Washington DC 20510
[phone]
Contact: Click Here To Email Me

Toomey, Patrick J. - (PA) Class III
248 Russell Senate Office Building Washington DC 20510
[phone]
Contact: Click Here To Email Me


Wicker, Roger F. - (MS) Class I
555 Dirksen Senate Office Building Washington DC 20510
[phone]
Contact: Click Here To Email Me


Young, Todd - (IN) Class III
400 Russell Senate Office Building Washington DC 20510
[phone]
Contact: Click Here To Email Me

[Anonymous]

LOL< the GOP inadvertantly eliminated ll corporate deductions in the bill.

[Anonymous]

Anonymous wrote:The filthy rich puppet masters who control your fav liberals want this too , hence why it will pass. Then your fav liberals will go on TV and pretend there was nothing they could do.

Stop being so gullible.

Actually no. Each and every Democrat in the Senate voted against Trumpcuts.