General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsSo let me get this straight, the US Congress is going to pass a bill that will give millionaires
and billionaires trillions of dollars in tax cuts, while decimating the social safety nets from 99% of the country. Explain to me how transferring trillions of dollars to the wealthiest of the wealthy will stimulate the economy. This "experiment" has been tried before and it has only accomplished making the 1% wealthier and creating larger government deficits and debt. Yet once again we are going to go down this fucking road.
Enough is enough. When are the republicans actually start understanding economics 101. Ayn Randian Economics is not economics. It is only a fucking fantasy.
Next to be decimated will be social security, medicare, medicaid, 401K and 403 savings plans, and pensions.
FUCK THE REPUBLICANS.
Eliot Rosewater
(31,096 posts)In that they worry about taxing the estates of billionaires, they actually do. They think it is unfair.
And if we are gonna be that dumb, we are gonna get hurt REAL bad.
Not picking on Walmart greeters, my point is hard working people doing honorable jobs working their asses off are voting FOR this madness.
madinmaryland
(64,920 posts)when it has no affect on them. Working for an engineering firm, it really bothers them that it affects billionaires (who they think are actual job creators) will have their children pay taxes on inheritances over $10million. It has no affect on the any of the folks in my company, including all of the principals and the president. NEVER.
Eliot Rosewater
(31,096 posts)a sensible estate tax, average people will be harmed exponentially.
Irish_Dem
(45,619 posts)Angry Dragon
(36,693 posts)Blaukraut
(5,689 posts)This tax cut is deliberately designed to blow up the deficit so when Democrats are back at the helm, the Republicans can scream for spending cuts because...deficit. Their ultimate goal IS to end/privatize SS, Medicare, and Medicaid or kill them altogether.
madinmaryland
(64,920 posts)It will not end well if they accomplish their goal. It will make the Great Depression look like a 1" speed bump. That is when the Democratic Party will need another FDR.
guillaumeb
(42,641 posts)This tax bill fulfills that want.