Drudge Retort: The Other Side of the News
Friday, December 15, 2017

Paul Waldman, Washington Post: Want to know what Republican values are? Look at the choices they're making in their tax bill. Later today, Republicans will unveil their final tax bill as they frantically attempt to rush it through Congress before too much opposition has a chance to build. When they do, they'll offer the same bogus lines we've been hearing for months about how if we all squeeze our eyes shut and promise to believe, the bill will shower riches not upon its actual beneficiaries -- corporations and the wealthy -- but struggling middle-class Americans. You can feel free to ignore all that rhetoric, not only because it's absurd but also because it isn't the point. Instead, the best way to understand this bill may be to focus on this question: What values are being expressed by the choices Republicans are making?

Advertisement

Advertisement

More

Alternate links: Google News | Twitter

The first value is the one lying at the heart of all Republican tax policy: The rich are just better than the rest of us. They're more noble, more deserving, more worthy of consideration and help.

When Republicans speak of tax "relief," it is the wealthy whose burdens are being lifted. So it is with this cut, which not only has multiple provisions explicitly benefiting the wealthy, like a reduction in the top income tax rate and a doubling of the inheritance tax exemption, but also phases out many of the cuts that benefit those at lower incomes, so that with each passing year its benefits flow more to the top.

Comments

Admin's note: Participants in this discussion must follow the site's moderation policy. Profanity will be filtered. Abusive conduct is not allowed.

Ask any poor, dumb rwinger who votes for more tax cuts for the wealthy and the corporations than he does for himself. Of course rich people are better than him, but they promise they will Tinkle Down on him!

But they never ever do.

#1 | Posted by Corky at 2017-12-15 04:32 PM | Reply

Per the article ...

This is from a party that loves to deliver stern lectures to poor people who rely on public assistance on how their meager benefits need to be cut so that they'll fully appreciate "the dignity of work."

So this bill is what we've got, and what they're almost certain to pass next week.

It shows who they are, and if they think voters aren't going to understand, they're going to be in for a surprise.


I understand.

But the problem is 'We The People' don't understand tax cuts as a whole.

Yet 'We The People' keep voting for these lying douchebags who only kow-tow to their billionaire donors who benefit from all the free taxpayer money these tax cuts represent.

People need to vote each and every election -- not just when someone like Trump comes along, each and every election everyone needs to vote.

#2 | Posted by PinchALoaf at 2017-12-15 05:08 PM | Reply

Janet Yellen "My colleagues and I are in line with the general expectation among most economists that the type of tax changes that are likely to be enacted would tend to provide some modest lift to GDP growth in the coming years," Yellen said at her final news conference as the Fed's leader.

#3 | Posted by DavetheWave at 2017-12-15 07:05 PM | Reply | Funny: 1

...and they are winning. This is what happens when the goodie-goodie-two-shoes take on the deplorables.

#4 | Posted by bayviking at 2017-12-16 06:27 AM | Reply

If your Senator or Rep is someone who just flushed you down the drain, let him or her know how you feel.

You won't do that, of course. You're probably too lazy to take the time ... or you think other people are already doing it ... or you think you're not important enough, or too young, or tooo old, or not the right color ... or that politicians are going to do whatever they want so why bother.

Although you won't ever talk to your Senator or Rep in person, someone in those offices is keeping track of the pro and con phone calls. Since you aren't a billionaire and can't buy off your Senator or Rep to do your bidding, you vote is your only weapon. If you don't use it, you're the enabler ~ exactly like those other enabled that you complain about.

So get off your duff and start raising bloody hell.

#5 | Posted by Twinpac at 2017-12-16 06:54 AM | Reply

I did let them know how I feel. I congratulated them for getting this far and encouraged them to vote yes next week.

The only thing going down the toilet are the Dems in the next election.

The hysteria over this is so fervent because the Dems know this will spur the economy and people vote with their pocket books.

The problem is people who believe their BS.

#6 | Posted by sawdust at 2017-12-16 08:11 AM | Reply | Funny: 2

The hysteria over this is so fervent because the Dems know this will spur the economy and people vote with their pocket books.

The problem is people who believe their BS.

#6 | POSTED BY SAWDUST

The problem is you.

Republicans admitted that these tax cuts are for their political donors.

Corporations are already making record profits. And if we use the stock market as a barometer, the stock market is doing great. If we use unemployment numbers as a barometer, unemployment is low ...

So where's the justification of redistributing free taxpayer money to people who don't need the free ----? There is no justification.

Meanwhile that trillion and half bucks could've been used on things that benefit us all, like infrastructure, education and healthcare -- instead the Republicans you put in office are doing everything in their power to steal your retirement, take away your healthcare, and ensure you drive over crappy roads and bridges, and that your children and grandchildren end up as uneducated rubes.

But hey, at least you didn't vote for Hillary!

Pathetic

#7 | Posted by PinchALoaf at 2017-12-16 10:21 AM | Reply | Newsworthy 5

Republicans you put in office are doing everything in their power to steal your retirement, take away your healthcare, and ensure you drive over crappy roads and bridges, and that your children and grandchildren end up as uneducated rubes.
#7 | Posted by PinchALoaf

"uneducated rubes" are more likely to vote for Rs. Those rubes will also be saddled with a huge national debt. But they'll be OK with that.

#8 | Posted by SomebodyElse at 2017-12-16 10:30 AM | Reply

SAWDUST

By acturial standards, how much long do you have to live?

Whatever it is, cut that in half.

#9 | Posted by Twinpac at 2017-12-16 12:42 PM | Reply

The problem is people who believe their BS.
#6 | POSTED BY SAWDUST

The self-retorting retort of the week.

#10 | Posted by TFDNihilist at 2017-12-16 01:32 PM | Reply | Newsworthy 3

Advertisement

Advertisement

"The hysteria over this is so fervent because the Dems know this will spur the economy and people vote with their pocket books"

The rich buy politicians with their pocket books, and you'd like those purchases to be made on a tax-preferred status.

#11 | Posted by snoofy at 2017-12-16 01:35 PM | Reply | Newsworthy 1

The problem is people who believe their BS.

#6 | Posted by sawdust

YOu're right. YOURE the morons who beleive the BS. All the smart people say this is a tax cut for the rich. The world's most famous liar says it's a tax cut for the middle class.

You listen to the liar because youre a chump.

#12 | Posted by SpeakSoftly at 2017-12-16 07:08 PM | Reply

If most people have any sense they will use their tax cut to buy down their substantial debts. But a larger paycheck should provide some short term benefit designed to help Republicans from 2018-2024, which was the point of making them temporary.

The stock market bubble is not a reflection of technological innovation, increased market share, or economic growth. It is a product of Federal reserve policy, which provides essentially free money to credit worthy Corporations which they use in stock buyback programs. These stock buybacks raise stock prices and trigger executive performance bonuses.

BLS economic reports are all based on "adjusted" numbers, which get "readjusted" a quarter later.

Current actual numbers are available at: www.shadowstats.com

CPI according to BLS: 2% CPI according to shadowstats: 6%
Unemployment according to BLS: 4.7% Unemployment according to shadowstats: 22%

What accounts for these differences? One example is all the people who are now collecting Social Security disability payments, because they cannot find a job that pays more or provides health insurance. If our Government dealt with its citizens honestly, Trump would never have ascended to the Presidency.

Regardless how money is distributed, at the end of the day, bookkeeping tricks mean less than real wealth production. Our GDP fails to distinguish between new wealth and speculation, which enriches one person by robbing another. On top of that unearned income in this country enjoys a lower tax rate than earned income for a long time, a trend which Republicans are accelerating.

Regardless which candidate you choose, the same detrimental trends persist, at a slower but steady rate under Democrats. Policy changes and economic impacts have a substantial time lag between cause and effect, blurring the public's understanding.

#13 | Posted by bayviking at 2017-12-17 08:46 AM | Reply | Newsworthy 1

The problem is people who believe their BS.

#6 | POSTED BY SAWDUST

I'm curious what you'll say when the economy tanks in a year or two because, you know, it has every other time supply side was implemented.

You'll probably still be glad to be getting an extra $40 a month from you "tax cut", won't you?

#14 | Posted by jpw at 2017-12-17 03:16 PM | Reply

I'm curious what you'll say when the economy tanks in a year or two because, you know, it has every other time supply side was implemented.

You'll probably still be glad to be getting an extra $40 a month from you "tax cut", won't you?

#14 | Posted by jpw

So........... tell me where socialism or a government controlled economy has worked.

#15 | Posted by Sniper at 2017-12-17 04:45 PM | Reply | Funny: 1

Show me where I stated that as true.

#16 | Posted by jpw at 2017-12-17 05:14 PM | Reply

,i>So........... tell me where socialism or a government controlled economy has worked.
#15 | Posted by Sniper

Wow, just wow.
Before I post a list of some of the most prosperous Socialist nations, I ask you to think about what successful unregulated/Libertarian/Free Market nations have ever been viable? There are none now and I am hard pressed to think of any.

Some extremely viable Socialist Nations...
Denmark
Finland
Netherlands
Canada
Sweden
Norway
New Zealand
Belgium

lots more where that came from.

#17 | Posted by TFDNihilist at 2017-12-17 07:45 PM | Reply | Newsworthy 1

I would venture to say that Democratic Socialism is probably the most successful form of Government ever invented.

#18 | Posted by TFDNihilist at 2017-12-17 07:47 PM | Reply | Newsworthy 1

#17 | Posted by TFDNihilist

Snippy's a moron. Don't waste your time.

#19 | Posted by Angrydad at 2017-12-17 09:54 PM | Reply | Newsworthy 2

Comments are closed for this entry.

Home | Breaking News | Comments | User Blogs | Stats | Back Page | RSS Feed | RSS Spec | DMCA Compliance | Privacy | Copyright 2018 World Readable

Drudge Retort