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beachbum bob

(10,437 posts)
Sat Sep 29, 2018, 07:05 AM Sep 2018

While 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
23 replies = new reply since forum marked as read
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While media focused on kavanaugh, the House GOP passed another $3.8 trillion taxcuts (Original Post) beachbum bob Sep 2018 OP
+1000 Chickensoup Sep 2018 #1
Thanks. Not good idea to turn our backs on these thieves, Hortensis Sep 2018 #2
this why democratic candidates must use GOP taxcuts against them all the time...and its beachbum bob Sep 2018 #3
"Democratic candidates must use GOP taxcuts against them all the time." LenaBaby61 Sep 2018 #6
The economy under Trump is booming because watoos Sep 2018 #4
its the reason to CUT SS, Medicare and Medicaid, been the wet dream of conservatives since the beachbum bob Sep 2018 #5
Massive Deficits It's the reason for thuglicans to CUT SS, Medicare and Medicaid. LenaBaby61 Sep 2018 #7
These right wing assholes have been attacking society ever since ....................... turbinetree Sep 2018 #8
The GOP Will Not Stop their March toward Dismantling Our Democracy and Oligarchy dlk Sep 2018 #9
They've made us numb. zentrum Sep 2018 #10
K&R N_E_1 for Tennis Sep 2018 #11
"but really no chance of even being voted on in the Senate" BumRushDaShow Sep 2018 #12
this is true except when its not, hence the last taxcut that WAS approved by the senate beachbum bob Sep 2018 #13
Note that the last bill was done by RECONCILIATION BumRushDaShow Sep 2018 #14
Yes, but just wait. They always have a sinister motive. KY_EnviroGuy Sep 2018 #17
Well I literally just heard a business report on my local news radio station this morning BumRushDaShow Sep 2018 #19
Thanks for sharing that info, and good point about the state taxes. KY_EnviroGuy Sep 2018 #20
Yes and what you posted BumRushDaShow Sep 2018 #21
DOA in the Senate. paleotn Sep 2018 #15
I wouldn't fight for the US if they succeeded in creating a rightwing nirvana. Ilsa Sep 2018 #16
Something's odd about this story. SansACause Sep 2018 #18
Yes - that is a "lack of hiring an editor" problem BumRushDaShow Sep 2018 #22
But Obama proposed chained CPI. joshcryer Sep 2018 #23

Hortensis

(58,785 posts)
2. Thanks. Not good idea to turn our backs on these thieves,
Sat Sep 29, 2018, 07:22 AM
Sep 2018

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.

LenaBaby61

(6,974 posts)
6. "Democratic candidates must use GOP taxcuts against them all the time."
Sat Sep 29, 2018, 08:01 AM
Sep 2018

Night & Day, round the clock, and also bring up the MASSIVE deficits thuglicans are running up.

Dems BETTER, or else

 

watoos

(7,142 posts)
4. The economy under Trump is booming because
Sat Sep 29, 2018, 07:54 AM
Sep 2018

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)
5. its the reason to CUT SS, Medicare and Medicaid, been the wet dream of conservatives since the
Sat Sep 29, 2018, 07:55 AM
Sep 2018

NEW DEAL DAYS

LenaBaby61

(6,974 posts)
7. Massive Deficits It's the reason for thuglicans to CUT SS, Medicare and Medicaid.
Sat Sep 29, 2018, 08:07 AM
Sep 2018

Yep, drown the baby.

thuglican assholes 😒

turbinetree

(24,695 posts)
8. These right wing assholes have been attacking society ever since .......................
Sat Sep 29, 2018, 08:11 AM
Sep 2018

Democracy in Chains
THE DEEP HISTORY OF THE RADICAL RIGHT’S 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 Nation‘s “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 you’re worried about what all this means for America’s future, you should be.”—NPR

An explosive exposé of the right’s relentless campaign to eliminate unions, suppress voting, privatize public education, stop action on climate change, and alter the Constitution.

Behind today’s 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 architect—the Nobel Prize-winning political economist James McGill Buchanan—and 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 elite’s 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 Buchanan’s 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 Buchanan’s strategy.

Without Buchanan’s ideas and Koch’s 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)
9. The GOP Will Not Stop their March toward Dismantling Our Democracy and Oligarchy
Sat Sep 29, 2018, 08:14 AM
Sep 2018

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)
10. They've made us numb.
Sat Sep 29, 2018, 08:37 AM
Sep 2018

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.

BumRushDaShow

(128,962 posts)
12. "but really no chance of even being voted on in the Senate"
Sat Sep 29, 2018, 08:46 AM
Sep 2018
WHICH SHOULD BE THE BOTTOM LINE

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.

BumRushDaShow

(128,962 posts)
14. Note that the last bill was done by RECONCILIATION
Sat Sep 29, 2018, 09:05 AM
Sep 2018

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)
17. Yes, but just wait. They always have a sinister motive.
Sat Sep 29, 2018, 09:55 AM
Sep 2018

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)
19. Well I literally just heard a business report on my local news radio station this morning
Sat Sep 29, 2018, 10:07 AM
Sep 2018

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)
20. Thanks for sharing that info, and good point about the state taxes.
Sat Sep 29, 2018, 10:50 AM
Sep 2018

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)

This is the second in a series of four news releases aimed at helping taxpayers pay the right amount of tax and avoid an estimated tax penalty. During this series, the IRS is highlighting resources and tools available to taxpayers to help avoid a surprise at tax time. This is part of the Paycheck Checkup campaign to encourage people to check their tax situation as soon as possible.
-----
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)
21. Yes and what you posted
Sat Sep 29, 2018, 10:59 AM
Sep 2018

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.

Ilsa

(61,695 posts)
16. I wouldn't fight for the US if they succeeded in creating a rightwing nirvana.
Sat Sep 29, 2018, 09:31 AM
Sep 2018

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)
18. Something's odd about this story.
Sat Sep 29, 2018, 10:00 AM
Sep 2018

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)
22. Yes - that is a "lack of hiring an editor" problem
Sat Sep 29, 2018, 11:18 AM
Sep 2018

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).

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