cold iron Loc: White House

Democrats Release Tax Hike Plan
Hold onto your wallet.

https://www.forbes.com/sites/ryanellis/2018/03/09/democrats-release-tax-hike-plan/#48ea7e187b9e



They will tell you will like it, lol.

https://www.washingtonexaminer.com/democrats-tax-cuts-are-unpopular-and-should-be-lifted-to-pay-for-infrastructure/article/2650925

Super Dave Loc: Realville, USA

Just before an e******n.

This proves that Democrats support taxgetters over taxpayers.

cold iron Loc: White House

Looks to me they don't give a crap about our country.

Super Dave Loc: Realville, USA

The only thing new is that they don't even bother to pretend to care.

pafret Loc: Northeast

Tax cuts have not created jobs, primarily because they have been in effect for too short a time. They have raised wages and put money in workers pockets via bonuses and that money will be spent and stimulate demand for more goods and services, which in turn will create jobs. Increasing taxes and taking money away from those who are paying these increased wages and bonuses will depress demand since it won't be repeated.

Citing infrastructure is just as dishonest as saying something is necessary for children. Infrastructure takes about ten years in planning before a shovel full of dirt is moved and a tax increase now will be dissipated and not used for that purpose. It is the all-purpose excuse, fund the infrastructure. The Democrats wouldn't recognize an infrastructure if it bit them on the posterior. They spent most of their time in office blocking the only significant infrastructure project waiting for approvals to complete, the Keystone Pipeline.

If there was any interest in doing something about our decayed infrastructure, planning would have been going on continuously. The Department of the Interior instead of being focused on Federal Parks and Reserves should have been tasked with maintaining a data-base of each Bridge, Airport, Highway and Rail System in the nation. The U.S. Department of the Interior is a Cabinet-level agency that manages America's natural and cultural resources. The Secretary of the Interior heads the department, which employs 70,000 people, including expert scientists and resource-management professionals, in nine technical bureaus and various offices.

They have the sk**ls and expertise needed and their recommendations as to which infrastructure project should take precedence can be accompanied with detailed plans for remediation. These recommendations can then be introduced in funding bills such that there is no ongoing political-babble about massive changes to tax structure for phantom projects. Eight years ago, it was g***n e****y and we see what throwing money down that rat-hole got us.

Bad Bob Loc: Virginia

Cold Iron there is no need now for you to post your crazy stuff, the Sicilianthing is back.

permafrost Loc: Minnesota

I was pretty much with you, right up to your last sentence.. Oh well..

Yes, maintenance seems to be something everyone loves to let slide down the road.. Even in private business..

I once worked for a little RR. when ever budgets were made and had to be met. the cuts were made to maintenance..

The RR was sold, a number of consolidations later. the rail line was declared unusable and abandoned.. Now, for billions more it may be upgraded for light rail t***sportation..

Up keep of infrastructure should be treated as you say and be ongoing with money and projects in every budget..

It is should not be a political issuer to blame on the other party, which ever one that may be..

JFlorio Loc: Seminole Florida

They and their supporters believe government bureaucrats can spend our money better than we can. They've always believed this. Just shocked they finally admit it.

1969skoops

PAFRET, as far as I'm concerned everything you just said, is right on. To add to your last sentence only on the left can spending billion of dollars on g***n e****y that did not work, be a great success!!

permafrost Loc: Minnesota

You do realize that the Forbes article is an opinion piece and each point in that article is subject to several counter arguments which are not mentioned..

ONly in the last line is it mentioned that the limited tax reduction on the working class is temporary..

Super Dave Loc: Realville, USA

"Limited" tax reduction? You mean we still have to pay taxes?

LOL

As you know, but don't mention because of your need to mislead, the teampoary measure of (how long? Was it 8 years) was necessary because of silly parliamentarian rules and can be extended as easily as the Bush Tax Cuts were extended at Obama's request when he was POTUS.

But go on telling us how you support giving Iran pallets of cash to support terrorism but think Americans don't pay enough in taxes.

permafrost Loc: Minnesota

If it is so easy to make the temporary cuts permanent... why were none of the tax cuts for the rich made temporary?????

Those pallets of cash which bother so much have be explained dozens of times.. The reason, the ownership, the when and the why..

All of that over and over... If you are still at a loss.... Look back at my old posts or do a quick internet search and you will find dozens of articles..

If, as I suspect, you do not want to do any of that... Sleep with your bad thought and maybe if you wake tomorrow it will all have been a bad dream for you..

Super Dave Loc: Realville, USA

You don't know much about the legislative process.

The bulk of the tax cuts went to the "Non-Rich", therefore it was necessary to post them with a 10 year-or-less cap because the GOP doesn't have a super-majority of seats and Democrats would not allow a simple-majority v**e to pass that included, as was their right under congressional rules.

Thus endeth the lesson

If you haven't noticed, the Buffoon Pelosi is trying to walk-back her insane "Crumbs" comments. Perhaps you should stop digging too.

permafrost Loc: Minnesota

you don`t know much about basic math...

In order to meet reconciliation goals... ONe billion $ from the middle class are has no more weight then one billion $ from the rich corporations.

Absolutely no reason at all to put all the short term cuts on the middle class.. It accomplished nothing that the same amount of temporary cuts on the rich would not have done..

It is the fact that down the road, they intend for the middle class to pay for the gift to trump and his ilk..



https://www.huffingtonpost.com/entry/permanent-tax-cuts-corporations_us_5a0cbbcce4b0c0b2f2f78bea



WASHINGTON ― Republicans say their tax reform bill will benefit middle-class families. But the new version of their legislation in the Senate actually lets almost all of the individual income tax cuts expire in 2025.

Meanwhile, the heart of the plan ― a reduction in the top corporate tax rate from 35 percent to 20 percent ― would still be permanent in the Senate bill.

The last-minute change, unveiled by Senate Finance Committee Chairman Orrin Hatch (R-Utah) Tuesday night, was made to comply with Senate rules that forbid certain legislation from adding to the federal budget deficit after 10 years. Those rules, dictated by a process known as reconciliation, would allow Republicans to pass their bill with a simple majority instead of with 60 v**es.

In short, Republicans were forced to alter the bill in order to more easily pass their tax cuts. In doing so, however, they weakened the talking point that the plan would primarily benefit the middle class.

Democrats were quick to cite the change as evidence of a double standard.

“Nothing highlights what this plan is truly all about more than the fact that its tax cuts for massive corporations are permanent, while the middle class gets crumbs that last only a few years,” Sen. Patty Murray (D-Wash.) said in a statement.

Republicans countered by arguing that individuals and corporations alike could receive a permanent tax cut if Democrats agreed to work with them outside the reconciliation process.

“There’s a simple solution. If our Democratic colleagues work with us to get 60 v**es,” Sen. John Cornyn (R-Texas) said during a Finance Committee markup hearing on Wednesday, “we could make it permanent.”

In reality, though, Republicans never attempted to work in a bipartisan fashion on tax reform in the first place. They similarly eschewed trying to reach a bipartisan consensus on health care this summer. In that effort, they failed to bring 50 Republican senators on the same page to repeal Obamacare.

So why do corporations deserve a permanent tax cut under the Senate bill, but individuals do not?

Republican senators on Wednesday said the problem stemmed from the rules they’d imposed on themselves at the beginning of the process. Others insisted that cutting corporate taxes would benefit individuals in the long run anyway.

“Let me correct one thing,” Sen. David Perdue (R-Ga.) told HuffPost. “Individuals own corporations. So the best benefit that I can give the American worker is to make an American corporation competitive with the rest of the world. That’s what this is about.”

Sen. Tim Scott (R-S.C.) argued that permanent tax cuts would indirectly benefit consumers by lowering prices, increasing employee wages and encouraging investment.

“To try to create an argument between two sides of the ledger, when in fact the only side that pays the tax is the individual, is at least insincere, if not just completely wrong,” Scott told HuffPost.

Asked why middle-class families would only get temporary tax relief under this bill, Sen. Lindsey Graham (R-S.C.) said it’s “probably [because of] the way the rules are.”

Sen. Jerry Moran (R-Kansas) said he hoped individuals and corporations would both receive a permanent tax cut, but he didn’t have an answer as to “why there would be a disparity between” the two groups in the Senate bill.

The GOP’s efforts to pass tax reform hit a speed bump Wednesday afternoon after Ron Johnson became the first Republican senator to publicly announce his opposition to the current Senate bill. The Wisconsin Republican said the legislation unfairly benefits corporations more than other types of businesses.

“If they can pass it without me, let them,” Johnson said in an interview with The Wall Street Journal. “I’m not going to v**e for this tax package.”

Johnson similarly opposed the effort to repeal Obamacare early on, though he ultimately v**ed for a bill to rescind the law.

Sen. Bob Corker (R-Tenn.), who is being closely watched over his concern about the enormous cost of the bill, argued Wednesday that businesses deserve a permanent tax cut because they generate economic growth.

“The personal side, candidly, does not,” Corker told reporters.

Corker, who is not seeking re-e******n next year, brushed off concerns about the political implications of making tax cuts temporary for the middle class.

“But I understand,” he added, “what the other side is going to do with that. They’ve already given me their slogan, and I understand it’ll be messaged in a very different way on the other side.”

Super Dave Loc: Realville, USA

No Dumblestillskin, you can't spam your way out.

The corporate taxes ARE MOSTLY PAID BY LOW-MIDDLE CLASS AMERICANS.

Sorry, H**e-Americans Boy... Dem be de facts.