Skip to comments.Fact-Checkers: Democrats Just Keep Lying Hysterically About Tax Reform
Posted on 12/07/2017 8:36:28 AM PST by Oshkalaboomboom
This reality, and the resulting assignment of an avalanche of 'Pinocchios,' comes as no surprise to our readers -- who've been kept abreast of Democrats' never-ending onslaught of falsehoods, misinformation, fear-mongering and distortions about the GOP's tax reform bill. Fact-checkers have been working overtime to correct the record in an exhausting game of anti-lie whack-a-mole, with the Washington Post's team dishing out 11 Pinocchios to three top Democrats on the ridiculous ""private jet tax break" fairly tale alone. This nonsense is still floating around, promoted by the DNC chairman:
Tom Perez @TomPerez #GOPTaxScam philosophy: Let's end tax benefits for colleges and students and give a tax break to private jet owners. Seriously. http://wapo.st/2mzg3JH
Opinion | The destructive part of the Republican tax bill youre not paying attention to Financially undermining universities and their independence would be destructive to the future well-being of the nation.
Actually, no; not seriously. A Senate Democrat promulgated the same lie, adding "you can't make this stuff up." Actually, you can; he just did. In case you missed it, here is the reality, as relayed by the office of the liberal Democrat who's pushed for this idea:
Did you hear the one about the private jet deduction in Senate Republicans tax bill? Theres less to it than thatand its backed by one of the most liberal Democrats in the Senate. The provision attempts to ensure an excise tax for commercial airline flights isnt imposed on private flights operated through management companies...This provision in no way cuts taxes for private jet owners, said Jennifer Donohue, a spokeswoman for [Sen. Sherrod] Brown (D-OH). It simply clarifies what the law already saysthat service companies made up of mechanics and service workers dont pay ticket taxes, because they dont sell tickets. Mr. Browns home-state colleague, Republican Rob Portman, wrote the amendment that got the provision into the Senate bill. This bipartisan proposal clarifies the intent of the law and stops a specific IRS abuse when the agency chose to ignore the law, said Kevin Smith, a spokesman for Mr. Portman.
WaPo's fact-checkers slapped Sen. Kamala Harris with 'Three Pinocchios' for regurgitating this story, adding a fourth pinocchio for Perez and Merkley over their additional claim that the nonexistent "tax break" was being financed by slashing healthcare and education funding. We've already tackled some of the unhinged hyperbole coming from top Democrats and liberals about a bill that reforms the tax system and cuts taxes for the vast majority of Americans. It's an world-ending "armageddon" that will kill kill kill, they say (narrator: it's not, and it won't). Paul Ryan's office has put out a blog post rounding up some of the most risible examples of Democrats' rhetorical excesses(including references to neo-Nazi's and rape), and CATO's Michael Tanner delves deeper into the absurdity. He reminds us that the US federal government does not have a revenue or taxation problem. It has a spending problem:
Start with the debt. It is wonderful that Democrats, who previously considered the national debt somewhere below lawn mold on their list of priorities, have now been reborn as deficit hawks. And there is reason to be concerned that the tax bill will add to the debt. But to keep things in perspective: Under current law, the federal government is expected to collect $43 trillion in taxes over the next ten years, while spending $53 trillion. That will increase the national debt to $30 trillion by 2028. If this tax bill passes, the federal government will collect $42 trillion in taxes over the next ten years, while spending $53 trillion. That will increase the national debt to $31 trillion by 2028. Worse? Absolutely, like a drunk asking for one more drink. But it would be nice if everyone got this worked up about the first $30 trillion. In fact, even after this tax cut, the federal government will be collecting 17.6 percent of GDP in taxes, more than the post-war average of 17.4 percent. The problem is that we will be spending 22.2 percent of GDP, considerably more than the 20.3 percent that weve averaged since World War II. We dont tax too little we spend too much.
Correct, and it's going to get a lot worse. Meanwhile, the actual mechanics of enacting tax reform continue to grind forward, with the House voting earlier this week (after a bit of drama) to send their bill to a conference with a Senate. The upper chamber did the same yesterday. There are some substantive differences between the two pieces of legislation that need to be reconciled -- or "mixed," as the president says -- and Business Insider has a handy primer on the main discrepancies. Some are more significant than others, but none seems insurmountable, especially because Senate Republicans were the first ones to repeal Obamacare's individual mandate tax in their bill (which could have been seen as a 'poison pill' if the sequencing were reversed). I suspect that BI's useful summary is also correct that the finalized legislation that will bounce back to each body for final passage will more closely resemble the Senate's version than the House's, due to the vote margins and dynamics in each chamber. I'll leave you with the the latest from Nancy Pelosi, who is apparently unaware that the human life on earth is already literally over due to tax reform and the expected recision of President Obama's "net neutrality" internet regulations:
Chad Pergram @ChadPergram Pelosi on concealed carry reciprocity bill: This radical Republican bill is a direct threat to public safety. 12:43 AM - Dec 7, 2017
Doesn't she realize that (a) there will be no more "states" in which reciprocity could be applied and (b) people will need guns to shoot zombies in the GOP's post-apocalyptic hellscape? Keep your talking points straight, Nance. By the way, here's an instance of a "good guy with a gun" stopping a crime, which gun opponents like to pretend doesn't really ever happen -- even though it does, including preventing and ending mass shootings:
Carl Willis @CarlWillisWSB Dawson County Sheriff believes man who attacked deputy was trying to take his gun. A witness stopped the attack by shooting the suspect at least once. 12:32 AM - Dec 6, 2017
But I heard it will cause actual Armageddon!
According to Democrats the Earth will literally open up and start eating people.
Just like what has happened after every other Republican proposal to try to reign-in out-of-control government spending.
Remember when we all died?
Yep - Pelosi called it Rambalambadingdong - or Armageddon...I get the two confused sometimes....
Well it sure is working with the Dems I know.
Well, looks like the US is on track to owe $100,000 for every man, woman and child in the country and, probably actually three times that for every tax payer.
I see Jimmy Carter style price inflation in our future. Monetizing that debt is the only answer. Well, that or all-out war. I vote for the former.
Unfortunately, it will be the later. A Swamp Rat will get in right as the hot potato drops into someones lap. And choose war instead of paying the piper.
Why do Democrats insist their voters not get the benefits of tax reductions?
How does that work?
Where does the coronation take place?
shut up :P
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