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Valued Social Butterfly
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Re: The GOP Tax Cut Scam

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Message 191 of 209

NOTHAPPENING,  Our national debt is over 100% of GDP.  Why are we not paying it down BEFORE a tax cut is given?  Cutting taxes has NEVER increased tax revenue, even if it had, taxes are already low enough to start involving the law of diminishing returns into the calculations.  So, in 8 years, who is really going to end up paying for these cuts?

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Trusted Social Butterfly
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The GOP Tax Cut Scam

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Message 192 of 209

NH said, "Please provide a link to document "your claim" that the Trump tax plan cuts $400 billion from Medicare funds."

 

It's a fair question, but how come NH never provided a link to prove his bogus claim that Obamacare cut $700 Billion from Medicare?  Why is he suddenly so adamant about proof?

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Valued Social Butterfly
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Re: The GOP Tax Cut Scam

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Message 193 of 209

@mandm84 wrote:

The $400 BILLION cut from Medicare from the Greed driven Republican Leadership should speak volumes come election time and this was only the start of stabbing OUR Senior's and Disabled in their already struggling backs.

There are no moderate Republicans with any voice left in Congress and the Billionaire Donors basically run the GOP.


Please provide a link to document "your claim" that the Trump tax plan cuts $400 billion from Medicare funds.

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Valued Social Butterfly
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Re: The GOP Tax Cut Scam

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Message 194 of 209

The $400 BILLION cut from Medicare from the Greed driven Republican Leadership should speak volumes come election time and this was only the start of stabbing OUR Senior's and Disabled in their already struggling backs.

There are no moderate Republicans with any voice left in Congress and the Billionaire Donors basically run the GOP.

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Trusted Social Butterfly
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Re: The GOP Tax Cut Scam

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Message 195 of 209

dvmpop:  Reagan has to raise taxes???? He lowered taxes (top tax rate went from 70% to 28%) and tax revenue subsequently went up. 

 

Wrong. There's no evidence that withstands scrutiny that revenue went up, and it's a fact that it made the deficit rise significantly enough that Reagan raised taxes 11 times trying to repair the damage.

https://www.usatoday.com/story/opinion/2017/09/27/tax-cut-fever-republican-supply-side-theory-hogwas...

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Re: The GOP Tax Cut Scam

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Message 196 of 209

Olderscout66: Republicans see the Uberrich as the Horses that pull the rest of society along, and they justify shoveling as much corn into the horse as possible because if they feed it enough, some will pass thru and allow the sparrows (us in the 99%) to feed at the other end.

 

 

That's the truth. I wonder why they're satisfied with the droppings?

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Re: The GOP Tax Cut Scam

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Message 197 of 209

gruffstuff: 

I believe if not for Social Security, Medicare, Medicaid, Unemployment, food stamps, and their extensions, all the things Republicans despise, we would now be entering the second decade of the second Great Depression.

 

I think the people crowing over their 401-Ks now would instead be crying over them.

 

The value of the social safety net in preventing or mitigating economic collapse is always overlooked and hardly ever talked about.

 

 

Great points. I understand people griping about taxes and always wanting to pay less, but I can't figure out how people who claim to love American believe we should be modeled on a Lord of the Flies system where it's survival of the fittest and to "H" with the weakest. Unless they just aren't bright enough to foresee that living in a dystopian hellscape would be bad for them too?

 

 

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Valued Social Butterfly
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Re: The GOP Tax Cut Scam

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Message 198 of 209

@dvmpop wrote:

Reagan has to raise taxes???? He lowered taxes (top tax rate went from 70% to 28%) and tax revenue subsequently went up. 

More facts... with Reagan's tax cuts, a larger proportion of taxes was paid by those in the top brackets than before the tax cuts despite the dramatic cut in marginal rates. I'd like to know where you got your information.


Sorry, but that is not correct.  Reagan cut taxes and then had to raise them in 1982, 1984, 1985, 1986 and 1987 because the debt was blowing up.  Tax revenue did not increase because of supply side economics, it increased through natural growth due to population increase and inflation.  Reducing the tax rates at the top to stimulate the economy has simply never worked.

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Re: The GOP Tax Cut Scam

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Message 199 of 209

Reagan has to raise taxes???? He lowered taxes (top tax rate went from 70% to 28%) and tax revenue subsequently went up. 

More facts... with Reagan's tax cuts, a larger proportion of taxes was paid by those in the top brackets than before the tax cuts despite the dramatic cut in marginal rates. I'd like to know where you got your information.

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Re: The GOP Tax Cut Scam

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Message 200 of 209

Republicans see the Uberrich as the Horses that pull the rest of society along, and they justify shoveling as much corn into the horse as possible because if they feed it enough, some will pass thru and allow the sparrows (us in the 99%) to feed at the other end.

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