Do you think Trump's tax proposal will pass?

[Anonymous]

Here's the flip side of the argument....an open letter from 137 economists, praising what the bill will do for the economy and describing the competitive advantage we have lost over previous administrations' unwillingness to bring about tax reform (for the past 30 years):

I'm actually surprised CNBC was willing to print this.

https://www.cnbc.com/2017/11/29/137-economists-support-gop-tax-reform-bill-in-open-letter-commentary.html

[Anonymous]

Anonymous wrote:Here's the flip side of the argument....an open letter from 137 economists, praising what the bill will do for the economy and describing the competitive advantage we have lost over previous administrations' unwillingness to bring about tax reform (for the past 30 years):

I'm actually surprised CNBC was willing to print this.

https://www.cnbc.com/2017/11/29/137-economists-support-gop-tax-reform-bill-in-open-letter-commentary.html

The economists signing that letter--at least the recognizable ones, of whom there are very few, most are from third-tier universities--are not from "across the ideological spectrum" but rather identified as conservatives.

You could also consider,the Urban-Brookings Tax Policy Center recently concluded that the House bill would end up lifting the country’s gross domestic product by just 0.3 percent in 2027. The University of Pennsylvania’s Penn Wharton Budget Model is slightly more optimistic, but not by much: It expects the House bill to increase G.D.P. by 0.4 percent to 0.9 percent cumulatively after 10 years and pegs the Senate bill’s impact at 0.3 percent to 0.8 percent.
These estimates are a far cry from Mr. Trump’s prediction that economic growth could rise a full percentage point a year, or more than 10 percent over a decade.

All for the bargain price of 1.5 trillion in lost tax revenues that our children will have to repay.

[Anonymous]

The Democrats should grow a pair and so they will not cooperate with talks to keep the government open if this bill is passed. You don't beat the schoolyard bully by being nice.

[Anonymous]

Meant say they will not cooperate

[Anonymous]

Anonymous wrote:Even Trump's senior economic adviser thinks "the individual side of the GOP tax plan never should have happened and threatens to “hurt a lot of different people. When you end the state and local deduction, because rates are still relatively high, you are going to hurt a lot of different people. So the internal logic was not good and this is not a true tax reform bill.” Does ANYONE like this tax plan? Because right now, it's as popular as cholera.

https://www.politico.com/story/2017/11/29/trump-tax-reform-kudlow-194187?lo=ap_b1

He also says something like, "It's the GOP's turn to try something, so we'll do supply-side tax cuts, and if in 3-4 years they don't work, we'll try something else."

Now that's responsible policy, particularly when supply-side tax cuts have previously been implemented and failed....

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:There is no anti-deficit faction in the Senate. The deficit is just something Senators cluck about when the other side is in control.

Deficit will surely come up when they refuse to Renew the CHIP program

I don't understand Republicans. They're pro-life and all about protecting unborn babies, but once the kids are born, they just **** all over them.

Hint: they don't give a sh#t about other peoples' kids at all. Abortion, religion, etc are all just useful wedge issues to get working classes to side with policies that help inherited wealth at the expense of the middle class.

Despite all our education, the vast knowledge attainable via the internet, and miraculous technological breakthroughs, we STILL have folks getting hung up on tribalist wedge issues and supporting politicians who want to destroy their economic security. The wealthy have been doing this for millennia and workers are still too dumb to see them for the con artists they actually are.

This is the clearest summation of American political history I have ever read. Well done.

+1

[Anonymous]

Anonymous wrote:The Democrats should grow a pair and so they will not cooperate with talks to keep the government open if this bill is passed. You don't beat the schoolyard bully by being nice.

Well what they should do is say to the business/Chamber of Commerce lobbyist. All these “tax cuts” will be rolled back and made retroactive. So don’t spend the money.

[Anonymous]

Corker, Collins and Johnson are on board now so it looks like it will pass.

[Anonymous]

Anonymous wrote:Corker, Collins and Johnson are on board now so it looks like it will pass.

Absurd.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Even Trump's senior economic adviser thinks "the individual side of the GOP tax plan never should have happened and threatens to “hurt a lot of different people. When you end the state and local deduction, because rates are still relatively high, you are going to hurt a lot of different people. So the internal logic was not good and this is not a true tax reform bill.” Does ANYONE like this tax plan? Because right now, it's as popular as cholera.

https://www.politico.com/story/2017/11/29/trump-tax-reform-kudlow-194187?lo=ap_b1

He also says something like, "It's the GOP's turn to try something, so we'll do supply-side tax cuts, and if in 3-4 years they don't work, we'll try something else."

Now that's responsible policy, particularly when supply-side tax cuts have previously been implemented and failed....

The article also talks about his major cocaine addiction and alcohol abuse leading to the loss of his career. And this is Trump's star adviser.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Corker, Collins and Johnson are on board now so it looks like it will pass.

Absurd.

Mainers need to get on the phone and call Collins. This isn't going to benefit most people there.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Corker, Collins and Johnson are on board now so it looks like it will pass.

Absurd.

Mainers need to get on the phone and call Collins. This isn't going to benefit most people there.

I hate to say it but given what happened yesterday I think all three will fall in line.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Corker, Collins and Johnson are on board now so it looks like it will pass.

Absurd.

Mainers need to get on the phone and call Collins. This isn't going to benefit most people there.

+1

[Anonymous]

"And according to NBC's own analysis, the House tax plan that passed two weeks ago could save Trump and his family more than $1 billion."

The potential benefits not just to the president but to some Cabinet members is an underreported aspect of this plan.

[Anonymous]

Just terrible. But I guess this is what America wants: the filthy rich to be richer off the backs of the middle class.

The GOP will finally kill the middle class,