General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsWhile media focused on kavanaugh, the House GOP passed another $3.8 trillion taxcuts
adding more to the deficits and debt, but really no chance of even being voted on in the Senate. Election year gimmick BUT democrats need to pounce on the GOP's drive to cut social security, medicare and medicaid to pay for bigger yachts for the rich
https://www.cnbc.com/2018/09/28/house-passes-gop-bill-to-make-new-tax-cuts-permanent.html
Chickensoup
(650 posts)Hortensis
(58,785 posts)regardless.
Btw, in another 2 months or so our next annual transfer payment on the $1.6 trillion we're giving the wealthy comes due.
beachbum bob
(10,437 posts)working
LenaBaby61
(6,974 posts)Night & Day, round the clock, and also bring up the MASSIVE deficits thuglicans are running up.
Dems BETTER, or else
watoos
(7,142 posts)he is running up a trillion dollar a year deficit. When his tariffs hurt farmers he just printed out money and reimbursed them. The complicit M$M enables this bs to happen. Imagine if a Democratic president had done this?
Yeah I see these new tax cuts reduce capital gains taxes even more which means even less revenue and more deficit. Whatever happened to Trump's campaign promise of reducing the deficit to zero in one year? It is ballooning to a trillion dollars a year.
beachbum bob
(10,437 posts)NEW DEAL DAYS
LenaBaby61
(6,974 posts)Yep, drown the baby.
thuglican assholes 😒
turbinetree
(24,695 posts)Democracy in Chains
THE DEEP HISTORY OF THE RADICAL RIGHTS STEALTH PLAN FOR AMERICA
By NANCY MACLEAN
ABOUT DEMOCRACY IN CHAINS
Winner of the Lillian Smith Book Award
Winner of the Los Angeles Times Book Prize
Finalist for the National Book Award
The Nations Most Valuable Book
[A] vibrant intellectual history of the radical right.The Atlantic
This sixty-year campaign to make libertarianism mainstream and eventually take the government itself is at the heart of Democracy in Chains. . . . If youre worried about what all this means for Americas future, you should be.NPR
An explosive exposé of the rights relentless campaign to eliminate unions, suppress voting, privatize public education, stop action on climate change, and alter the Constitution.
Behind todays headlines of billionaires taking over our government is a secretive political establishment with long, deep, and troubling roots. The capitalist radical right has been working not simply to change who rules, but to fundamentally alter the rules of democratic governance. But billionaires did not launch this movement; a white intellectual in the embattled Jim Crow South did. Democracy in Chains names its true architectthe Nobel Prize-winning political economist James McGill Buchananand dissects the operation he and his colleagues designed over six decades to alter every branch of government to disempower the majority.
In a brilliant and engrossing narrative, Nancy MacLean shows how Buchanan forged his ideas about government in a last gasp attempt to preserve the white elites power in the wake of Brown v. Board of Education. In response to the widening of American democracy, he developed a brilliant, if diabolical, plan to undermine the ability of the majority to use its numbers to level the playing field between the rich and powerful and the rest of us.
Corporate donors and their right-wing foundations were only too eager to support Buchanans work in teaching others how to divide America into makers and takers. And when a multibillionaire on a messianic mission to rewrite the social contract of the modern world, Charles Koch, discovered Buchanan, he created a vast, relentless, and multi-armed machine to carry out Buchanans strategy.
Without Buchanans ideas and Kochs money, the libertarian right would not have succeeded in its stealth takeover of the Republican Party as a delivery mechanism. Now, with Mike Pence as Vice President, the cause has a longtime loyalist in the White House, not to mention a phalanx of Republicans in the House, the Senate, a majority of state governments, and the courts, all carrying out the plan. That plan includes harsher laws to undermine unions, privatizing everything from schools to health care and Social Security, and keeping as many of us as possible from voting. Based on ten years of unique research, Democracy in Chains tells a chilling story of right-wing academics and big money run amok. This revelatory work of scholarship is also a call to arms to protect the achievements of twentieth-century American self-government.
dlk
(11,566 posts)For their game plan, read Nancy McLean's well-researched book, "Democracy in Chains." It's all laid out in black and white.
zentrum
(9,865 posts)Each week presents a terrible Constitutional or moral crisis and is replaced by a new one one.
None of them are being dealt with effectively.
N_E_1 for Tennis
(9,722 posts)BumRushDaShow
(128,962 posts)Meaning this "story" is nothing but a showcase of yet another one of the House's "Squirrel!!!" moments, which are done to cause panic and distraction when in reality the actions are meaningless.
The point being - as long as the Senate D/R ratio is as close as it is, the bullshit that comes out of the House will never become law.
beachbum bob
(10,437 posts)BumRushDaShow
(128,962 posts)meaning that it did NOT require 60 votes to pass. This is how the ACA Pt. 2 got through when Democrats lost their 60 vote majority in the Senate in 2010. So that situation is not comparable to this one because use of "Reconciliation" is restricted to a max of 3 uses per year, meaning only once per each of those 3 eligible legislation types.
KY_EnviroGuy
(14,490 posts)They'll wave the flag of Democrat obstructionism all the way through mid-terms and beyond.
And, they will falsely claim the cuts were for the working class and small business....
BumRushDaShow
(128,962 posts)that said the IRS has started warning people that "they may be in for a big surprise" this coming tax season due to issues of tax-withholding - and notably that "retired" (likely voter) demographic who might not have had enough being withheld this past year. Meaning they may get hit with a huge "out of pocket" tax DUE when they file their 2018 returns.
So I don't think trying again is going to work because basically, this second go-around is only supposed to be making the current tax giveaway, "permanent" for the little guy, which had already been the default for the billionaires. So if passed, there won't be any immediate impact or change in their current rates after 2025 when the current tax breaks were set to expire.
You also still have the issue of the lack of state/local tax deductions for high-tax states (and some of those states have goodly numbers of Republicans like CT, NY, and NJ), so they are already swimming against some huge waves.
KY_EnviroGuy
(14,490 posts)Regarding the IRS, they may have been referring to this:
Retirees: Avoid a surprise tax bill; get enough tax taken out of pension payments; IRS Withholding Calculator can help
IR-2018-180, Sept. 7, 2018
Link: https://www.irs.gov/newsroom/retirees-avoid-a-surprise-tax-bill-get-enough-tax-taken-out-of-pension-payments-irs-withholding-calculator-can-help
(snips)
-----
The Tax Cuts and Jobs Act, enacted in December 2017, changed the way tax is calculated for most taxpayers including retirees. Among other reforms, the new law changed the tax rates and brackets, increased the standard deduction, removed personal exemptions and limited or discontinued certain deductions. As a result, many taxpayers may need to raise or lower the amount of tax they pay in during the year.
I'm sure when they speak of a "surprise" tax bill, they are not referring to a refund, yet they have the arrogance to still call it the "Tax Cuts" bill.
A more accurate descriptor would be the "American Wealth Upward Redistribution Bill".......
BumRushDaShow
(128,962 posts)would be for getting the withholding straight for 2019 in order to not get socked in 2020 when the 2019 taxes are filed. Whatever was taken out and possibly gummed up with this year's withholding, may give some a shock however when the 2018 tax year filing is worked on.
I am a retiree but worked for the federal government and OPM did supposedly change my withholding to be close to what it should be (I usually took out the max) but I'll find out soon enough when I get my 1099-R.
paleotn
(17,912 posts)Ilsa
(61,695 posts)Why should soldiers fight to protect a system that keeps 90% of the people suppressed, poor, undernourished, undereducated, without access to healthcare?
SansACause
(520 posts)From the link: "Friday's vote was 22-191..." First, that would indicate it was voted down. Second, where were the other 222 members? Maybe it was supposed to be 222-191?
BumRushDaShow
(128,962 posts)Here is the vote count (220 - 191) and roll call -
http://clerk.house.gov/evs/2018/roll414.xml
And the legislation itself -
https://www.congress.gov/bill/115th-congress/house-bill/6760
There were 3 Democrats who voted for it (Lamb, Rosen, Sinema) and 10 Republicans who voted against it (Donovan, Faso, Frelinghuysen, King (NY), Lance, LoBiondo, Rohrabacher, Smith (NJ), Stefanik, Zeldin).
I'm sortof shocked at Rohrabacher because maybe his will be a take-able seat then (if Mueller don't get him first).
joshcryer
(62,270 posts)Which would've brought 8 million seniors out of poverty.