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Reagan's policy adviser Bruce Bartlett two hours ago


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"Every Republican who pretends to be responsible is just a damned whore waiting for their price to be met."

 

Quoting Bernie: "It is without doubt that as soon as this tax legislation is passed, Republicans will rediscover their religion about the deficit and say we need “entitlement reform."

 

Bruce responds: "Bernie has it figured out. Do any other Democrats understand the Republican game of "starve the beast"?"

 

 

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1 hour ago, Craig234 said:

"Every Republican who pretends to be responsible is just a damned whore waiting for their price to be met."

 

Quoting Bernie: "It is without doubt that as soon as this tax legislation is passed, Republicans will rediscover their religion about the deficit and say we need “entitlement reform."

 

Bruce responds: "Bernie has it figured out. Do any other Democrats understand the Republican game of "starve the beast"?"

 

 

 

"starve the beast" is code for fk the less than wealthy
 

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15 minutes ago, PaintMyHouse said:

Let's do something radical called paying the bills.  No tax cut.

 

That's exactly what they don't want to do. They want to redistribute wealth to the top from everyone else, by tax cuts for the rich, then debt and cuts to programs.

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49 minutes ago, benson13 said:

Tramp is going to make a FORTUNE doing this....he knows exactly the devastating consequences of Failed gop Trickle Down....and doesn't give a Bad word

 

 

We are witnessing the biggest heist in U.S. history.

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Watching this s'hitstain CIRCLE JERK is as much fun as ANYONE could possibly have!!!

 

OTHER than your DEBUNKED BULLS'HIT, is this all you s'hitstains have?????

 

Because if it IS, it's so damn weak, you have NOTHING AT ALL!!!

 

So which one of you MORONS is the PIVOT MAN here???

 

ROFLMAO!!!!

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46 minutes ago, PaintMyHouse said:

The top has more than enough.  Raise their taxes, start paying the bills and paying down the debt.  TY.

 

And raising wages and stimulating the economy and investing in the American people with healthcare, education, infrastructure, science research and more.

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1 hour ago, PaintMyHouse said:

Let's do something radical called paying the bills.  No tax cut.

 

......Or, quite possibly.....something that's PROVEN TO WORK!!!!!!

 

Quote

 

"Not only was the entire national deficit eliminated, after raising taxes on the wealthy in 1993, but the economy grew so fast for the remainder of the decade, that many conservative economists thought that the Fed should raise the prime interest rate in order to slow it down."

 

http://www.kellysite.net/taxes.html

 

https://clintonwhitehouse5.archives.gov/WH/Accomplishments/eightyears-01.html

 

 

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1 hour ago, Craig234 said:

That's exactly what they don't want to do. They want to redistribute wealth to the top from everyone else, by tax cuts for the rich, then debt and cuts to programs.

 

.......Thus, taking MORE CA$H OUTTA OUR ECONOMY.....JUST TO PARK IT, OFFSHORE.

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OOPS!!!
 

So your CIRCLE JERK is about to come to a CRASHING HALT!!!

 

 

 

We'll get to the study mentioned in the headline shortly -- but first, it's already time for another tax reform fact check, necessitated by the Left's relentless machine of anti-reform propaganda and distortions.  On MSNBC, anchor Ali Velshi butchered the facts on the Congressional Budget Office's analysis of the projected impact of Senate Republicans' tax reform bill.  Here's the segment in which he disseminates, well, fake news, followed by an explanation of exactly how he misrepresented the CBO chart. Via the Free Beacon:

"More bad news from the Congressional Budget Office showing that by 2021, people making less than $30,000 a year are going to pay between $5,000 and $9,000 more in taxes. By 2027, those folks could see an increase of up to $16,000 in their taxes," [he says].  The chart is not, as Velshi claims, a hard dollar estimate of the increase or decrease in an individual's tax payment. Rather, the chart displays estimates of the cumulative revenue the federal government will reap (in millions of dollars) from all individuals in the highlighted income brackets compared to current rates. For instance, in the 2021 column, the chart lists the number 9,000. The number 9,000 is not $9,000; it represents $9,000,000,000. The chart's title clearly states the numbers in the columns are representations of millions of dollars, not single dollars. The accurate interpretation of the chart would be that, in 2021, the federal government will receive a collective increase in revenue of $9 billion from individuals in the $20,000 to $30,000 income bracket. Velshi's claim that "by 2021, people making less than $30,000 a year are going to pay between $5,000 and $9,000 more in taxes," is false.

That's a bad error, but isn't it still troublesome that the data he references estimates that the very lowest income groups would end up contributing more revenue (collectively) to the federal government, whereas that burden gets reduced for all other households making $40,000 or more annually?  Well, that might seem like a very serious problem if you were operating without context.  In reality, these fictional "tax increases" arise from the bill's repeal of Obamacare's individual mandate tax.  Just as people choosing not to purchase Obamacare plans that they don't want or can't afford is not "kicking them off of healthcare," people choosing to forego federal dollars in the form of Obamacare subsidies is not "raising taxes" on them.  Those are voluntary decisions.  Here are the real numbers

 

 


Reductions across the board, with the exception of a few income groups at the end of the budget window -- due to the on-paper expiration issue (another source of misleading demagoguery) we dealt with at length yesterday.  Here's more from National Review:

For more than a week now, some media outlets have been running wild with “distributional tables” from the Joint Committee on Taxation and the Congressional Budget Office claiming that — as a CNN headline last night put it, though the story itself was much better — “Poor Americans would lose billions under Senate GOP tax bill.” This is entirely an artifact of how the agencies approach the individual mandate, which the bill repeals. They think a lot of lower-income Americans won’t buy health insurance absent a requirement that they do so, and that as a result these individuals will get less in government subsidies. As Nicole Kaeding of the Tax Foundation put it, “Less of an advanceable refund from the Treasury results in the appearance of a tax increase.” She pointed out that the JCT itself had released a separate table that excluded the effects of repealing the mandate and showed, unsurprisingly, that all income groups got a tax cut. We now have such a table from the CBO as well. Through 2025, after which point the individual tax cuts expire (though they’ll likely be renewed by a future Congress), all income groups see a tax cut.

It's also worth recalling that CBO has routinely and vastly overestimated the power of the individual mandate tax, leading to scary-looking, inflated numbers that hurt Republicans during their failed 'repeal and replace' push. For example, great number of those who'd supposedly "lose coverage" with the mandate axed are...Medicaid recipients.  Medicaid is free to beneficiaries (but not taxpayers, obviously).  They're trying to tell us that people will give up free (if deeply substandard) coverage just because they're no longer required to hold it?  It's totally illogical. Meanwhile, feast your eyes on this infographic from the nonpartisan Tax Foundation, illustrating how various households would be be impacted by the Senate GOP tax reform package.  As you peruse these numbers, recall that the Left is screaming that these proposals are anti-middle class monstrosities:

SEN_TCJA_Amended_Vers_Filers.png


Quote: "Our results indicate a reduction in tax liability for every scenario we modeled, with some of the largest cuts accruing to moderate-income families with children."  The majority are automatic winners, as they're among the vast majority of all filers who take the (roughly doubled) standard deduction.  Every household profiled in the analysis gets a tax cut and an increase in after-tax earnings.  The smallest percentage cut and income boost goes to the richest couple.  Another busted narrative.

 Parting thought: Many lefties are dismissing the Tax Foundation analysis, complaining that the group is "nonpartisan in name only."  By that standard, the same could be said of the left-leaning Tax Policy Center, which...also found that Americans across all income groups, on average, would get a tax cut under the House-passed Republican bill.

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1 hour ago, benson13 said:

Tramp is going to make a FORTUNE doing this....he knows exactly the devastating consequences of Failed gop Trickle Down....

 

I wouldn't give him THAT MUCH credit.

 

All he does is task his accountant(s)/lawyer(s) with figuring-out how to skirt any-and-all laws.....the same way he's always taken-care-of-himself.

 

He's no businessman. He's an average, ordinary, garden-variety HU$TLER.

 

 

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1 minute ago, Phoenix68 said:

 

I wouldn't give him THAT MUCH credit.

 

All he does is task his accountant(s)/lawyer(s) with figuring-out how to skirt any-and-all laws.....the same way he's always taken-care-of-himself.

 

He's no businessman. He's an average, ordinary, garden-variety HU$TLER.

 

 

Oh, BECAUSE he uses EVERY POSSIBLE TAX DEDUCTION TO LEGALLY AVOID TAXES???

 

For the MORE REFINED AND EDUCATED, WE CALL THAT "SMART BUSINESS"!

 

For you sh'itstains, we call you IDIOTS!!!

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33 minutes ago, MidnightMax said:

Watching this s'hitstain CIRCLE JERK is as much fun as ANYONE could possibly have!!!

 

OTHER than your DEBUNKED BULLS'HIT, is this all you s'hitstains have?????

 

Because if it IS, it's so damn weak, you have NOTHING AT ALL!!!

 

So which one of you MORONS is the PIVOT MAN here???

 

ROFLMAO!!!!

 

9697475-large.jpg

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14 minutes ago, MidnightMax said:

 

Oh, BECAUSE he uses EVERY POSSIBLE TAX DEDUCTION TO LEGALLY AVOID TAXES???

 

For the MORE REFINED AND EDUCATED, WE CALL THAT "SMART BUSINESS"!

 

Riiiiiiiiiiiiiiiiiiiiight.....that's why he's keeping his tax-returns under lock-and-key.......he just doesn't feel like bragging about how great a businessman, he is, huh??

 

laughing-hard-smiley-emoticon.gif       rolling-on-the-floor-laughing-smiley-emo     laughing-smiley-face.gif

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5 minutes ago, Zaro said:

 

Go enroll at Trump University

Why would I do that? It was a scam. BTW what I said is complete fact. You cannot deny it in any way shape or form. I challenge you to prove we have not been taking in record tax revenue for much of the years after Bush's tax cuts. I believe the revenues started to come in about 3 years after it was passed. 

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5 minutes ago, Fallopian said:

Why would I do that? It was a scam. BTW what I said is complete fact. You cannot deny it in any way shape or form. I challenge you to prove we have not been taking in record tax revenue for much of the years after Bush's tax cuts. I believe the revenues started to come in about 3 years after it was passed. 

Look at this fool, he is troll. LMAO!

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9 minutes ago, Fallopian said:

Why would I do that? It was a scam. BTW what I said is complete fact. You cannot deny it in any way shape or form. I challenge you to prove we have not been taking in record tax revenue for much of the years after Bush's tax cuts. I believe the revenues started to come in about 3 years after it was passed. 

 

If you have kids, they will piss on your grave

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