A historic disaster is coming for the US from the tax bill

Craig234

Verified User
There are some big events in our country's history.

FDR did a lot of things right - he eliminated elder poverty (before Social Security, 90% of elders were in poverty); he regulated Wall Street, ending the constant pattern of bank crashes (for the first time, bank crashes ended for 50 years, until Reagan d-regulated the industry and we had the S&L crash). He raised taxes enough to pay our bills, and inequality plummeted.

Reagan gave the country a hatred for its own government, its first huge peacetime deficits, de-regulation of Wall Street, and the flattening of wages while the rich skyrocketed in wealth for decades, restoring great inequality.

That inequality - which has largely destroyed the functioning of democracy and threatens democracy - is our country's biggest problem and needs to be reversed. This tax bill does exactly the opposite, worsening the inequality, another wealth transfer of trillions to the top and gutting of the spending that benefits the American people.

Things are on the wrong direction without this bill. They're on a far worse direction with this bill.

This is a historic moment the way the sinking of the Titanic was a historic moment for ships. The utter corruption that has taken over the Republican Party is about to greatly harm the American people for years or decades to come.

This is the worst bill in decades, and that's saying a lot. Right-wingers, don't bother drooling idiocy in this thread with your ignorant or dishonest denials.
 
the repubican party will be hated world wide after this trumpy thing


that bill will be reversed very very soon if they manage to pass it
 
the repubican party will be hated world wide after this trumpy thing


that bill will be reversed very very soon if they manage to pass it

It won't matter that they're hated worldwide. They've taken the money and the power.

It won't be reversed for a long time to come. That would require Democrats to get the House, the Senate, and the White House.
 
Next year is an election year


the republicans are going to be dirt for aiding trump all the way


it will be reversed and likely not inforced
 
LOL dump aint going to prison.

Prison isn't for his kind.

He may be impeached, but that's about it.

I do hope your right though


With as much crime as your fellow blacks commit, one could say it is for them.
 
There are some big events in our country's history.

FDR did a lot of things right - he eliminated elder poverty (before Social Security, 90% of elders were in poverty); he regulated Wall Street, ending the constant pattern of bank crashes (for the first time, bank crashes ended for 50 years, until Reagan d-regulated the industry and we had the S&L crash). He raised taxes enough to pay our bills, and inequality plummeted.

Reagan gave the country a hatred for its own government, its first huge peacetime deficits, de-regulation of Wall Street, and the flattening of wages while the rich skyrocketed in wealth for decades, restoring great inequality.

That inequality - which has largely destroyed the functioning of democracy and threatens democracy - is our country's biggest problem and needs to be reversed. This tax bill does exactly the opposite, worsening the inequality, another wealth transfer of trillions to the top and gutting of the spending that benefits the American people.

Things are on the wrong direction without this bill. They're on a far worse direction with this bill.

This is a historic moment the way the sinking of the Titanic was a historic moment for ships. The utter corruption that has taken over the Republican Party is about to greatly harm the American people for years or decades to come.

This is the worst bill in decades, and that's saying a lot. Right-wingers, don't bother drooling idiocy in this thread with your ignorant or dishonest denials.

What a bunch of nonsense. If democrats are so good for income inequality, why did it only get worse under O'Bama?
 
There are some big events in our country's history.

FDR did a lot of things right - he eliminated elder poverty (before Social Security, 90% of elders were in poverty); he regulated Wall Street, ending the constant pattern of bank crashes (for the first time, bank crashes ended for 50 years, until Reagan d-regulated the industry and we had the S&L crash). He raised taxes enough to pay our bills, and inequality plummeted.

Reagan gave the country a hatred for its own government, its first huge peacetime deficits, de-regulation of Wall Street, and the flattening of wages while the rich skyrocketed in wealth for decades, restoring great inequality.

That inequality - which has largely destroyed the functioning of democracy and threatens democracy - is our country's biggest problem and needs to be reversed. This tax bill does exactly the opposite, worsening the inequality, another wealth transfer of trillions to the top and gutting of the spending that benefits the American people.

Things are on the wrong direction without this bill. They're on a far worse direction with this bill.

This is a historic moment the way the sinking of the Titanic was a historic moment for ships. The utter corruption that has taken over the Republican Party is about to greatly harm the American people for years or decades to come.

This is the worst bill in decades, and that's saying a lot. Right-wingers, don't bother drooling idiocy in this thread with your ignorant or dishonest denials.

How convenient of you to forget the Financial Services Modernisation Act, signed by Bill Clinton, which repealed Glass-Steagall and deregulated the market allowing so many casino banks to operate.
 
What a bunch of nonsense. If democrats are so good for income inequality, why did it only get worse under O'Bama?

Wow, you are terribly ignorant about this. You don't look at one presidency - Obama was president with the Reagan and Bush tax cuts for the rich largely in place. The trends are far longer-term.

Look at this for all you need to know - how everyone shared in the growth before Reagan, and all of it goes to the top ever since:

https://www.cbpp.org/sites/default/...lic/atoms/files/10-24-17pov.png?itok=wAexWmRm


And look at this pretty picture: how inequality plummeted after FDR until Reagan and then shot back up to record highs where it is now. This bill will greatly make it yet higher.

http://radioopensource.org/wp-content/uploads/2014/04/Graph-1.png
 
Wow, you are terribly ignorant about this. You don't look at one presidency - Obama was president with the Reagan and Bush tax cuts for the rich largely in place. The trends are far longer-term.

Look at this for all you need to know - how everyone shared in the growth before Reagan, and all of it goes to the top ever since:

https://www.cbpp.org/sites/default/...lic/atoms/files/10-24-17pov.png?itok=wAexWmRm


And look at this pretty picture: how inequality plummeted after FDR until Reagan and then shot back up to record highs where it is now. This bill will greatly make it yet higher.

http://radioopensource.org/wp-content/uploads/2014/04/Graph-1.png

The only ignorance on display here, is your own. Your graphs may be cute, but in and of themselves, they demonstrate nothing. Correlation doesn't necessarily equate to causation. Furthermore, virtually no semblance of the Reagan tax cuts exist today. I noticed you conveniently left out the Clinton tax cuts. ;)
 
The only ignorance on display here, is your own. Your graphs may be cute, but in and of themselves, they demonstrate nothing. Correlation doesn't necessarily equate to causation. Furthermore, virtually no semblance of the Reagan tax cuts exist today. I noticed you conveniently left out the Clinton tax cuts. ;)

You can't even understand that you're ignorant.

As for your other point - the Clinton tax cuts are part of the problem. They were done in the spirit of Reaganism, with full Republican support. But Clinton also raised taxes on the rich, with zero Republican votes, as EVERY Republican GUARANTEED total DOOM for the economy - and proved utterly that the Republican ideology is wrong when the economy did the opposite of what they said.

Tax cuts for the rich - Reagan's legacy - are still very much in place and about to be much more.
 
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