Sanders: Corporate taxes would go back up if Democrats retake Senate

[DonViejo]

Source: Politico

By MARTIN MATISHAK 12/17/2017 11:20 AM EST

Sen. Bernie Sanders said Sunday that corporate taxes would likely roll back up if Democrats retake control of the Senate in the 2018 midterm elections.

Congress is poised this week to pass a sweeping tax overhaul that would drop the corporate tax rate from 35 percent to 21 percent. But Sanders, an independent from Vermont who caucuses with the Democrats, said that would change under a Democratic majority. "Absolutely, yes. In my view, absolutely," he said on CBS' "Face the Nation."

"We’re going to take a very hard look at this entire tax bill and make it a tax bill that works for the middle class and working families, not for top 1 percent and large multinational corporations," he said.

Opponents of the bill, Sanders said, "did everything that we could" to stop it.

Read more: https://www.politico.com/story/2017/12/17/bernie-sanders-tax-bill-300456

[TomCADem]

1. This Is The Problem. Democrats Will Need To Spend Political Capital...

...merely to get back to where we were with President Obama. This is the fallacy of Susan Sarandon and other Trump is good for promoting revolution types. Yes, Democrats may someday retake Congress and the Presidency. But, by then, most of the work will be simply repairing damage. It will take years to rebuild the EPA. It will take years to rebuild the State Department. Qualified men and women are not going to just materialize.

[Mr.Bill]

2. Does he not think Trump (or any other republican president)

would veto this? We will need both houses of Congress and the White House to correct this mess, or a veto-proof majority in Congress.

[Squinch]

3. I'm still counting the ways that statement is a stupid one to have made.

[Me.]

7. Truly

But maybe the Cons haven't heard it and won't use it in 2018. Could he please be quiet, for once. And, btw, who put him in charge of determining the way ahead.

[BumRushDaShow]

4. Huh?

Last I heard, it takes 2 chambers to pass a bill and a President to sign it to make it law. And in this case, even if we retake both chambers, one needs 2/3rds to override what would be a certain veto.

[humbled_opinion]

5. Not a very smart thing to say

There is nothing that can be done about it until Democrats control the Presidency, now he is on the record advocating increased taxes, yes for corporations but it will be spun as he wants to undo GOP tax plan and raise everybody's taxes, hard to make this a 2018 or even 2020 platform especially if there is job growth and increased income. Raising taxes is not a winning strategy, ever.

[RainCaster]

8. What is smart is to make the GOP own the debt they left our grandchildren

Every single dollar needs to be accounted for and tied to the Republican Party. Every day. Never let anyone forget. Make it a stronger and more unrelenting statement than the Clinton Hatred Doctrine they have been pulling on the DNC for the last decade. Never let it end. This must be told for generations.

[Miigwech]

9. Sure ... and everyone gets a poney too

[alarimer]

10. They don't have the guts to actually do that, though.

We will see a return to the spineless Democrats of yore once they have actual power. "Keeping their powder dry" again for some day in the future.