Posted on 11/15/2017 2:12:50 PM PST by Coronal
Ron Johnson on Wednesday became the first Republican senator to express opposition to the GOP tax bill currently working its way through the Finance Committee.
The Wisconsin senator said he's worried the bill would put non-corporations at a disadvantage to C corporations when it comes to benefitting from the new 20 percent tax rate, a worry he first raised in October before the bill was unveiled.
"These businesses truly are the engines of innovation and job creation throughout our economy, and they should not be left behind," Johnson said in a statement. "Unfortunately, neither the House nor Senate bill provide fair treatment, so I do not support either in their current versions."
He added, though, that he hopes to work with colleagues to be able to support the final bill.
Republicans can only lose two votes in the Senate and still pass tax legislation without Democratic help.
(Excerpt) Read more at washingtonexaminer.com ...
This is a twelve years war folks.
I have laughed at this kabuki theater from the start. The Republicans in the Senate did to Trump what they are doing to Moore. Rather than say they would expel Trump if elected, they instead decided that they would simply kill his agenda. With Healthcare it was Murkowski, Collins, Paul and ultimately McCain who killed that bill. This time the new designee is Ron Johnson.
One “principled” guy and now we just need two more to just say no, because, they just say no.
Regardless, this was the desired outcome from the get go. Those speculating about passing this or anything should know one thing. The Senate will pass nothing, nada, zilch.
There will be no tax cuts...the market will crash..Trumps fault..bet on it
Implement common sense, comprehensive Spending Control.
Funny, Bill Cassidy and Tim Scott were all over talk radio today telling us that this bill had been whipped and that it should pass. I didn’t think I could despise the Republican Party and Mitch McConnell any more than I already do.....but I do.
I do bet on it. I have said from the get go, the day after Trump won, that the REAL battle was afoot and that Trump needed to be prepared. I can’t blame Trump for believing that once he won the election the GOP would finally line up behind him. But he was foolish for thinking so.
The Senate is broken as an institution. Trump needs to hit the rally circuit NOW and start blasting the Senate as obstructionist. He needs to blast it as an institution as a whole, not just the GOP. When Dirty Harry Reid ran the place NOTHING got through there. Mitch is marginally better.
The Senate has become the haven for the status quo DC set.
On issue after issue, the House/Senate GOP fails to “nail down” their people, before leaking or making public their bills.
I guess that is how business is now done, in the age of instant-everything.
If one doesn’t get their way, they walk out of a supposedly confidential proceeding and start leaking away.
This was how teens and liberals were a few years ago, but now it is Republicans too.
Quote: “Funny, Bill Cassidy and Tim Scott were all over talk radio today telling us that this bill had been whipped and that it should pass.”
LOL, just like Graham’s healthcare bill had been whipped. Nah, this is the kabuki theater that goes on.
There is NOTHING that the Senate will pass for Trump with the exception of judicial nominees and I suspect that even that is coming to a brutal end.
What a phony reason to oppose. He’s being blackmailed.
It feels like the republican senators are all in the democrat camp. They are either bought or blackmailed. Investigate the republican senators!
Thats McConnells plan...have his corrupt RINOs do the old tag team routine taking turns killing bills that advance Trumps agenda. The designated bill killer always has a righteous reason to give for the no vote.
“There will be no tax cuts...the market will crash..Trumps fault..bet on it”
That’s the GOP’s intent. They are #resisting Trump as hard or harder than the demoncrats. They want him to fail so the corrupt swamp can go back to business as usual.
Most Repuki ‘congressmen’ voted for that treasonous harpy, hillary. 80-90% range. I would stake my life on it.
Article on this issue:
https://taxfoundation.org/corporate-rate-pass-through-rate-parity/
(Wow, and that’s just background.)
But it doesn’t look like a big deal to me.
What an ass. Obviously he knows nothing about economics
“There will be no tax cuts...the market will crash..Trumps fault..bet on it”
from what i read these tax cuts are like obamacare: all smoke and mirrors. first they double the standard deduction to $12K or $24K, but then they eliminate the personal deduction of $4050 per person. then all the deductions that the average middle class American can take are being capped or eliminated. and if you take the standard deduction, you can’t itemize can you? so, how is this a good deal for average jane and joe taxpayer?
even older taxpayers on social security or other fixed income will have their extra deduction removed.
just like obamacare, where the young and healthy are picking up the tab for the high risk enrollees, it looks like the average taxpayer is picking up the tab for all the other real cuts in tax rates for the wealthy that are being championed in both proposals.
it’s funny, how the government under obama could just find $500 million for solyndra or $150 billion for Iran without the CBO sticking their 2 cents in, but for some reason the CBO has to have their say when the deductions for the middle class are supposedly going to bankrupt the economy?
http://www.steverichardsoncpa.com/the-proposed-new-tax-law/
Call the scumbag on this...completely false!!! Just an excuse to vote no and screw Trump!
Another self-important asshat feigning principles in order to thwart POTUS’ agenda.
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