Analysis of Trump''s Tax Plan
Analysis of Trump''s Tax Plan
Skip to about 4 minutes in, the host asks the guy to name ONE loophole this is eliminating for corporations and he can't. Eventually he just flat out admits "the point is for corporations to pay less." This tax plan is a naked hand out to corporations and the Republican parties top donors. They don't care how unpopular it is (30% approval, lower even than Trumps), they're prepared to sell out the American people to their donors.
Originally posted by Nephthys
YouTube videoSkip to about 4 minutes in, the host asks the guy to name ONE loophole this is eliminating for corporations and he can't. Eventually he just flat out admits "the point is for corporations to pay less." This tax plan is a naked hand out to corporations and the Republican parties top donors. They don't care how unpopular it is (30% approval, lower even than Trumps), they're prepared to sell out the American people to their donors.
If Corp taxes go down by 14%, that's going to leave a hole that needs to be filled, as the government runs on money. The middle-class will be the ones to mostly refill that hole, likely along with the cutting back of social programs, medicare, medicaid, social security. Which is essentially stealing money, as people pay into [some of] those programs.
Wouldn't be surprised if we're in another recession/crash in 2-3 years, after the bill passes. #maga
Originally posted by Emperordmb
Here's an idea... why not cut government spending? Why does this not cross the minds of people complaining about the deficit in Trump's tax plan? Stop pouring inordinate amounts of money into entitlement programs.Edit: Not social security though since people have paid into it
Such as? The military? Or?
Originally posted by DarthSkywalker0
The spending on the military is significantly less than the spending on social programs. You seem to be conflating discretionary spending with mandatory spending. You have to take an aggregate of the two to find the total fiscal bill.[IMG]https://lh3.googleusercontent.com/-KY3YqFOTgT0/WjgGP8zCHfI/AAAAAAAAEBQ/Agf-swXNpqYaXE_5bh-P9Wgg23MISKXPQCL0BGAYYCw/h819/2017-12-18.png[/IMG
But, what we are also forgetting is the fiscal gap created by social programs. To ascertain this fiscal gap, we must simply look to the work done by Laurence Kotlikoff. The fiscal gap is $210 trillion according to Congressional Budget Office's July 2014 Alternative Fiscal Scenario extended on an infinite horizon. This method is endorsed by 17 Nobel Laureates in economics and over 1200 Ph.D. economists from MIT, Harvard, Stanford, Chicago, Berkeley, Yale, Columbia, Penn, and lesser known universities and colleges around the country. Medicare, Medicaid, and social security are going to continue racking up debt every year.
I considering healthcare and social security "mandatory spending", cos people need to live and they're entitled to their own money.
Originally posted by Emperordmb
Bu-bu-but Repulicans are driving up the debt! People not wanting to cram money into entitlement programs are just a bunch of selfish rich pricks... right? I mean it's not like anything objectively bad could come out of this much government spending.
Tell me again how you're a Democrat?
What exactly do you consider an "entitlement program"?
Originally posted by Robtard
And now you're?
Maybe this post from another thread will clarify things:
Originally posted by Emperordmb
Party: Independent **** the Democrats and **** the RepublicansPolitical ideology: Classical liberalism- individualist (**** identity politics and identitarian movements), economically right-wing (used to be economically left wing, but I could no longer square compelled wealth redistribution with my principles), free-speech absolutist (**** hate speech laws), interest in defending life liberty and property, pro-life (life of mother>life of fetus>liberty of mother to get an abortion), pro-gun rights, pro-drug legalization (especially weed and psychedelics), pro-free trade, etc.
Political pundits: Ben Shapiro, Sargon of Akkad, Jordan Peterson
Vote in 2016: I voted for Clinton... I regret that after realizing how awful she was. If I could go back in time I wouldn't have voted for either since my vote as a Texan didn't really do anything, and both suck.
Originally posted by Robtard
Also: