Posted on 12/26/2017 9:35:36 AM PST by Kaslin
Just before the Tax Cuts and Jobs Act of 2017 passed last week, House Minority Leader Nancy Pelosi told us what she thought of the bill in the proverbial "no uncertain terms."
In this holy time, the moral obscenity and unrepentant greed of the GOP tax scam stands out even more clearly...This GOP tax scam is simply theft, monumental, brazen theft from the American middle class and from every person who aspires to reach it. The GOP tax scam is not a vote for an investment in growth or jobs. It is a vote to install a permanent plutocracy in our nation. They’ll be cheering that later. It does violence to the vision of our Founders. It disrespects the sacrifice of our men and women in uniform, who are a large part of our middle class and to whom we owe a future worthy of their sacrifice. And it betrays the future and betrays the aspirations of our children. It demands, it morally demands a no vote from every member of this house of the people.
In this holy time, the moral obscenity and unrepentant greed of the GOP tax scam stands out even more clearly...
This GOP tax scam is simply theft, monumental, brazen theft from the American middle class and from every person who aspires to reach it. The GOP tax scam is not a vote for an investment in growth or jobs. It is a vote to install a permanent plutocracy in our nation. They’ll be cheering that later. It does violence to the vision of our Founders. It disrespects the sacrifice of our men and women in uniform, who are a large part of our middle class and to whom we owe a future worthy of their sacrifice. And it betrays the future and betrays the aspirations of our children. It demands, it morally demands a no vote from every member of this house of the people.
Over the last decade or so, American politics has had something of a role reversal. The Democrats have increasingly become the Party of the Rich -- Silicon Valley, Hollywood, media, a good swath of Wall Street -- making Pelosi's statement and similar remarks made by Schumer particularly absurd. Moreover, it is well known -- but not well known enough yet -- that what Pelosi said was a straight-out lie. Guy Benson explained it well.
Throughout this debate, we've shared data-driven analyses from three separate nonpartisan organizations: The Joint Committee on Taxation (JCT), which is an official Congressional scorekeeper, the Tax Foundation (which leans to the right), and the Tax Policy Center or TPC, (which leans to the left). In spite of the deceptive rhetoric flying around social media and the airwaves, all three outfits agreed that the GOP proposal would, on average, reduce the tax burdens of every income group in America.
More than 80% of Americans are getting tax cuts averaging out to $1600 per annum (chump change to Pelosi, but real money to middle class Americans) with only an estimated 5% seeing their taxes go up -- all of whom are in the top brackets and many of whom live in New York and California. It's Silicon Valley, Hollywood, media, and Wall Street again. No wonder they're upset.
The Democrats are depending on the public never figuring this out. That is what is known at Belmont Park, Caesar's Palace and similar venues as a "sucker bet." Even though the Republicans are some of the worst communicators in the history of politics, and even though the media will never stop their drumbeat, checks will arrive on payday starting February 2018 and they will have numbers on them, bigger numbers than they had before.
People will see those checks (or account transfers) with their own eyes and their lives will actually change for the better. The polls -- fostered by the most nauseating partisan propaganda, plus the fact that half the country doesn't pay income taxes at all anyway -- will also start to change.
Of course, the media will then yell and scream (already are) that these cuts expire in six or seven years, even though these same "journalists" will not deign to explain why that's so -- assuming they're smart enough to know the Senate rules -- or to admit that the cuts can be extended at the time of expiry and in all probability will be.
Meanwhile, lower corporate tax rates will stimulate billions in American company profits repatriating to this country to be used for the "jobs and growth" about which Pelosi was so allegedly skeptical. (She was probably panicking it would be true.)
What Schumer, Pelosi and their (also rich) media claque are relying on is nothing less than the failure of America. If the average American gets screwed, then they win. When that same average American starts to figure out the game they're playing on them, those average Americans (i. e. voters) are likely to be angry, very angry.
The Democrats are depending on the public never figuring this out. That is what is known at Belmont Park, Caesar's Palace and similar venues as a "sucker bet." Even though the Republicans are some of the worst communicators in the history of politics, and even though the media will never stop their drumbeat, checks will arrive on payday starting February 2018 and they will have numbers on them, bigger numbers than they had before.
People will see those checks (or account transfers) with their own eyes and their lives will actually change for the better. The polls -- fostered by the most nauseating partisan propaganda, plus the fact that half the country doesn't pay income taxes at all anyway -- will also start to change.
Of course, the media will then yell and scream (already are) that these cuts expire in six or seven years, even though these same "journalists" will not deign to explain why that's so -- assuming they're smart enough to know the Senate rules -- or to admit that the cuts can be extended at the time of expiry and in all probability will be.
Meanwhile, lower corporate tax rates will stimulate billions in American company profits repatriating to this country to be used for the "jobs and growth" about which Pelosi was so allegedly skeptical. (She was probably panicking it would be true.)
What Schumer, Pelosi and their (also rich) media claque are relying on is nothing less than the failure of America. If the average American gets screwed, then they win. When that same average American starts to figure out the game they're playing on them, those average Americans (i. e. voters) are likely to be angry, very angry.
Targeting the rich? Start with the hypocritical, liberal Hollywood types and technocrats, then we can talk.
I kept experiencing deja vu while reading this article.
To better ones life economically one needs to bring more money in and/or spend less, and invest effectively. A growing and vibrant economy is one of the biggest determinants of whether there are opportunities to increase ones income. Thus, the cut in the corporate tax rate is the most important tax cut of all. We need to out-compete the rest of the world if our goal is to maintain one of the highest qualities of life in the world. You can't achieve that by suppressing entrepreneurial activity and the growth of American-based industry. There are other important determinants of socioeconomic mobility, and with almost all (if not all) of these the left and their Democratic party support policies that diminish the ability of individuals to ‘climb the ladder’.
It is called mirror reading. It works like this. No matter how far down the page one reads the words, sentences and paragraphs repeat themselves endlessly. It is a literary device for those who read without comprehension.
Party of the Reich....
That too.
“...liberal Hollywood types and technocrats...”
They’re not the problem.
It’s the people who vote for them that’s the problem.
(Scu&bags do vote for scu&bags you know.)
IMHO
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