Senator Who Voted for Trump's $1.5 Trillion Tax Cut for the Rich Blocks $1,200 Stimulus Checks

originally posted by: Phage
a reply to: burdman30ott6

Because laws and stuff.

Can be changed and stuff... which is what the GOP did with the tax code 2 years ago.

a reply to: burdman30ott6

Can be changed and stuff... which is what the GOP did with the tax code 2 years ago.

And ballooned the deficit bigly. Which is a very Conservative thing to do, of course.

It probably increased political contributions though. And that's a good thing.

a reply to: burdman30ott6

Yeah.
We're f#cked.

Just trying to figure out the end game.

originally posted by: Phage
a reply to: burdman30ott6

Can be changed and stuff... which is what the GOP did with the tax code 2 years ago.

And ballooned the deficit bigly. Which is a very Conservative thing to do, of course.

The spending ballooned the deficit, not the reduction in taxes. I agree, spending should be cut to the bone, then start choosing limbs that can be done without and cut through a few of those bones as well. Neither party does well with that step, but at least the GOP gets half of the equation correct while the Democrats seem to only understand how to spend like teenagers with Dad's credit card and try to tax the bejesus out of the middle class and upper middle class to cover their redistributions.

www.businessinsider.com...-sheldon-and-miriam-adelson-gave-123244400-to-republican s-25

Seems like the Democrats see more billionaire campaign donations than the Republicans do. Have you known many wealthy people to kick themselves in the nuts for fun? How about blowing money on candidates that are actually going to flip you over and take more from you via higher taxes? The narrative that Democrats intend to tax the rich is a crock of liberal #. Ultimately, they increase the taxes on the middle class and the upper middle class and increase the marginal rate on the very wealthy while also providing plenty of loopholes that allow those billionaires to reduce their taxes considerably. The party then takes the earnings of America's middle class and uses them to feed their pool of kept voters who happily cast their votes for the Democrats tossing them crumbs from their feed trough.

a reply to: burdman30ott6

The spending ballooned the deficit, not the reduction in taxes.

Spending preceded the tax cut.
Cart before the horse. Doncha know?

The deficit ballooned. How very Conservative.
Two years of a Republican (not Conservative) president, House, and Senate. Oopsy.

originally posted by: DBCowboy
a reply to: burdman30ott6

Yeah.
We're f#cked.

Just trying to figure out the end game.

The end game may well need to be taking the warden behind the woodshed and beating him with a 2x4 in front of the guards until his skull is a pile of pink and red goo and then letting the guards know they'll get the same if they stick around much longer.

originally posted by: Phage
a reply to: burdman30ott6

The spending ballooned the deficit, not the reduction in taxes.

Spending preceded the tax cut.
Cart before the horse. Doncha know?

The spending wasn't agreed to by me, therefore they can take the bill for it, roll it into a tight cylinder, and shove it up their ass. Then the entire government can shove itself up the horse's ass and we can run it off the nearest cliff. We'd be better off at this point for certain.

a reply to: burdman30ott6

The deficit ballooned. How very Conservative.
Two years of a Republican (certainly not Conservative) president, House, and Senate. Oopsy.

originally posted by: Phage
I think the point was about deficits and "conservative" thinking.
It's OK to increase the deficit with a tax cut but not with pandemic relief?

Yeah I got a little bit out of the tax cut. I think the Kochs (and Trump) probly did a lot better with it.

Anyone here going to have to pay back their "bonus" for the cutback on FICA withholding? Or was your employer smart enough to figure out how stupid that was?

I get what you’re saying but many small businesses also benefited from it. The point of the tax cut was everyone got a slice and depending on your value in the game you got a certain kickback.

a reply to: Middleoftheroad

And some small companies benefited from the PPP program. But since it was not really well defined a lot of companies which didn't really need it ended up with free money.

And the deficit ballooned. Not a real Conservative approach.

originally posted by: Phage
a reply to: burdman30ott6

The deficit ballooned. How very Conservative.
Two years of a Republican (certainly not Conservative) president, House, and Senate. Oopsy.

The deficit ballooning is the present reality of US government. Unless and until the US defaults on it's debt and stands prepared to go toe to toe with any foreign entity that says "boo" about it the deficit will continue to balloon. That's what happens when your nation owes as much in interest as the US does after decades of failed tax and spend.

a reply to: burdman30ott6

The deficit ballooning is the present reality of US government.

So, cutting taxes is a Conservative approach to that?

That's what happens when your nation owes as much in interest as the US does after decades of failed tax and spend.

Yeah, well, mostly it's owed to US corporations and citizens (some to China) so it doesn't really matter. Right? The Fed can just keep printing more money to cover it.

a reply to: Phage

That doesn’t have anything to do with the tax cut. That’s all part of the coronavirus bailout. If Trump didn’t pass that what would be your response?

originally posted by: schuyler
Tax cuts for the rich? I got one, and I'm not rich. I know. Half the people pay no taxes at all. Everyone else is therefore rich.

Exactly!

If they tax the rich they raise prices and the consumer pays for the loss. No ifs ands or butts about that. Or they may just pack up and leave the country dragging their billions with them which is what I would do if I was rich and Biden's gang was out to take away my stuff. Democrats have this thing about going retroactive too, they want to back tax. I have seen that happen with things they passed in the past, usually only one year back or so maximum so far.

I can't believe that people are so blind they cannot see that the consumer always pays, and since the products imported are being imported by the rich, they will just raise prices on all the products to the retailers and wholesalers. They all add a percentage on and prices do go up way more.

Trickle down economics is real and anyone who says it isn't is an idiot or is paid to gather evidence that is not real. The consumer always pays for everything, every tax every worker pays while working on sales or delivery is part of the cost of the product.

Aides talked President Trump out of demanding $2,000 stimulus checks last night.

Would have blown up the negotiations: news.yahoo.com...

So why isn’t there a contingency of people of say like Ted Cruz, Rand Paul, maybe even Lindsey Graham...standing up an explainIng that no taxpayer dollars exist without the taxes paid by the payer. It is their money completely, not the government’s. There should be zero debate as to what the people can have unless they want the people to decide that the government gets none, ever again.

Republicans always pivot to deficit doom porn when they lose power. Same old story. Nothing new here.
When they’re in power, they’ll spend money like a college freshman with their first credit card.

And if you’re a working-class individual trying to get by? Fuhget about it.

originally posted by: carewemust
Aides talked President Trump out of demanding $2,000 stimulus checks last night.

Would have blown up the negotiations: news.yahoo.com...

Oh man do you need a few courses on economics.
And if you want I will for free give ya a few others?
And if ya want I can give ya Trumps Trump card if ya haven't figured that crap out yet?!

originally posted by: Southern Guardian
Not even remotely surprising anymore.

Wisconsin Sen. Ron Johnson, who voted for President Donald Trump's deficit-exploding tax cuts for the rich in 2017, blocked fellow Republican Sen. Josh Hawley's attempt Friday to pass legislation that would provide $1,200 direct payments to U.S. adults and $500 to children amid a devastating pandemic and ongoing economic collapse.

When Hawley of Missouri requested unanimous consent to pass the direct payments bill—which he introduced last week with Sen. Bernie Sanders (I-Vt.)—Johnson objected, delivering a rambling speech complaining about the rising deficit.

Source

We're suddenly concerned with deficits now when it comes to Americans in need? But had no hesitation voting in that mega tax cut that in partcontributed to the $3.1 trillion record deficit we reached a month ago? Not a peep from Rep Johnson? Meanwhile, we have people lining up at food banks, charities unable to keep up, with Christmas and winter upon us? And regardless of whether you believe that the Pandemic lockdowns are the cause, people are suffering. Putting aside the blame game, fellow Americans are in NEED. Yet it's a NO from the pro-life party? How many single parents and kids are suffering?

Does Johnson want to take credit for his support of major tax cuts?

A huge study of 50 years of tax cuts for the wealthy suggests 'trickle-down' economics makes inequality worse

You know what, maybe Americans don't need financial help? Maybe they can just live on anecdotal testimonies and ideological tripe for the rest of the holidays like some of us here?

I have a Grandson and a niece...Both are 19 years old and living at home...They don't pay a dime to live in their homes...

Whitmer made sure they were layed off due to the Chinese virus...They each received a 12 hundred dollar stimulus check and with the unemployment bonus made over 900 dollars per week...

The niece now has over 12 thousand of your dollars in the bank...

I hope you people are happy...I'm not...