1 of 1- Goose
- Cogito ergo sum
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Trump calls tax plan 'a big, beautiful Christmas present' for US
Trump calls tax plan 'a big, beautiful Christmas present' for US
President Trump on Thursday hailed the Republican tax plan as a “big, beautiful Christmas present” for Americans, doubling down on his goal to sign it into law by year’s end.
“We’re working to give the American people a giant tax cut for Christmas,” he said at the White House. “We are giving them a big, beautiful Christmas present in the form of a tremendous tax cut.”
Trump repeated his false claim that the bill would deliver “the biggest tax cut in the history of our country.” That would be true if he was talking about corporate taxes, but not for the plan as a whole.
$1.5 TRILLION added to the deficit over 10 years.
Corporate rates fall from 35% to 20%.
Tens of millions in the middle class face a tax INCREASE as they lose the deductibility of state and local taxes.
People with estates worth over $11 million get a repeal of the estate tax.
Personal tax rate reductions expire after ten years, while corporate tax cuts are permanent.
80% of the cuts go to the top 1%.
Yea, Merry F*#@ing Christmas.
Last edited by Goose (11/21/2017 7:25 am)
We live in a time in which decent and otherwise sensible people are surrendering too easily to the hectoring of morons or extremists.
- Tarnation
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Re: Trump calls tax plan 'a big, beautiful Christmas present' for US
"A big, beautiful Christmas present"---so says Ebeneezer Grinch.
Coal in the stockings IS beautiful when you own the coal company.
Life is an Orthros.
- tennyson
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Re: Trump calls tax plan 'a big, beautiful Christmas present' for US
The "us" he referenced were the wealthy and businesses !
"Do not confuse motion and progress, A rocking horse keeps moving but does not make any progress"
- Just Fred
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Re: Trump calls tax plan 'a big, beautiful Christmas present' for US
We've seen this scam work over and over again during the last few decades. It's the 'Good Santa" vs the "Bad Santa" economic strategy. In a nutshell, this is how it works:
I give everyone a cash gift on the 'New Exchange' and throw it on the communal credit card. I'm the Good Santa.
When I leave the 'New Exchange', I hand the credit card over to Tennyson and say, "Well, Tenny, you take it from here ..... see ya."
But, now the credit card payment is due. But I'm gone, so Tennyson has to figure out a way to pay off the debt incurred from borrowing. Tennyson has to raise taxes to pay for what I did, and he becomes the Bad Santa.
It worked for Reagan. It worked for Bush. They were the Good Santas. Clinton and Obama become the Bad Santas.
- Goose
- Cogito ergo sum
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Re: Trump calls tax plan 'a big, beautiful Christmas present' for US
Just Fred wrote:
We've seen this scam work over and over again during the last few decades. It's the 'Good Santa" vs the "Bad Santa" economic strategy. In a nutshell, this is how it works:
I give everyone a cash gift on the 'New Exchange' and throw it on the communal credit card. I'm the Good Santa.
When I leave the 'New Exchange', I hand the credit card over to Tennyson and say, "Well, Tenny, you take it from here ..... see ya."
But, now the credit card payment is due. But I'm gone, so Tennyson has to figure out a way to pay off the debt incurred from borrowing. Tennyson has to raise taxes to pay for what I did, and he becomes the Bad Santa.
It worked for Reagan. It worked for Bush. They were the Good Santas. Clinton and Obama become the Bad Santas.
To be a true republican tax plan, you need to give me and Lager ten times as much as you give everyone else, and assure them that I will pass some of that money onto the rest of you.
We live in a time in which decent and otherwise sensible people are surrendering too easily to the hectoring of morons or extremists.
- •
Thread Starter- Just Fred
- Duke of Cortona
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Re: Trump calls tax plan 'a big, beautiful Christmas present' for US
To be a true republican tax plan, you need to give me and Lager ten times as much as you give everyone else, and assure them that I will pass some of that money onto the rest of you.
Silly me. I forgot about the 'Trickle Down' scam.