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Response to bluestarone (Original post)

Mon Jan 27, 2020, 11:46 AM

1. "Trump bought off McConnell and the rest of the GOP jury -- and hints at bigger tax cuts"

Follow the money on impeachment: Trump bought off McConnell and the rest of the GOP jury — and hints at bigger tax cuts


Republican senators are making millions off of Trump’s tax cuts — and will repay him by betraying their oath.

It’s long been obvious that Republican senators have little interest in serving as impartial jurors in the impeachment trial of Donald Trump. While there is a raft of motivations for such historic perfidy — with several GOP senators politically benefiting from some of the same corrupting influences — one under-examined, non-Russian reason is personal greed.

A new report reveals that the 2017 GOP tax law was rife with monumental self-dealing by rich GOP lawmakers who have since benefited bigly. According to a Center for Public Integrity analysis, several Republican members of Congress directly cashed in on the multibillion-dollar windfall from the corporate tax cuts the GOP pushed through on a party-line vote. With the lowest effective tax rate in the last 40 years, America’s largest corporations proceeded to pour $1 trillion not into increased wages for workers but buybacks of their own stocks, causing stock prices to soar. Coincidentally, many Republican lawmakers who voted for the largest tax cut signed into law by Trump personally owned some of the same stocks whose values significantly increased as a result.

At least seven Republican senators owned stocks in companies that spent billions on buybacks, resulting in great personal profit, according to the Center for Public Integrity. The report came on the same day that former New York Rep. Chris Collins, who was the first sitting GOP congressman to support Trump’s 2016 presidential campaign, was sentenced to 26 months in prison for insider trading.

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bluestarone Jan 2020 OP
LineNew Reply "Trump bought off McConnell and the rest of the GOP jury -- and hints at bigger tax cuts"
Miles Archer Jan 2020 #1
duforsure Jan 2020 #2
eleny Jan 2020 #3
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