Gorka Posted April 17, 2019 Report Share Posted April 17, 2019 Monday marked first April 15 under the Trump tax cuts, and we survived. Monday is the first Tax Day under the new Republican tax bill passed in December 2017, and the results are not what Democrats and their media apparatus predicted. 1. 10,000 People Will Be Killed Every Year Economist and former Treasury secretary Larry Summers wrote in a Washington Post op-ed that “the conclusion would follow that the tax bill would result in 10,000 extra deaths per year.” On CNBC’s “Squawk Box,” he explained why he thought the bill was “very dangerous.” “When people lose health insurance, they’re less likely to get preventive care, they’re more likely to defer health care they need, and ultimately they’re more likely to die,” he said. 2. The Tax Bill Is ‘Akin To Rape’ Bruce Bartlett, a writer and former Treasury official, said the bill would not create a single job, that Republicans want the poor to pay more taxes to force them to work more, and that the bill is “really akin to rape.” 3. ‘Armageddon’ and the Worst Legislation Ever Considered By Congress Speaker of the House Nancy Pelosi, who was minority leader at the time the bill was passed, said the tax reform bill was “the worst bill in the history of the United States Congress.” When a reporter asked her later about her hyperbolic descriptions, she replied, “No, it is the end of the world. The debate over health care is life and death. This is Armageddon.” 4. Grad Students Will Have to Quit Doctorate Programs When graduate students were told their tuition waivers for working as teaching assistants and researchers would become taxable, they calculated that their taxes would increase by 61 percent. As she started to do the math, tears welled up. ‘I would have to drop out,’ she said. ‘If this tax bill passes, I can’t support anyone, I can’t even support myself.’ 5. America Is Dead At least, according to Kurt Eichenwald. America died tonight. Economic suicide adopted to feed the insatiable greed of donors, who have been refusing to dole out $ to GOP until they got their tax cuts. Voters fooled by propaganda and tribal hatred. Millenials: move away if you can. USA is over. We killed it. 6. Republicans Want to Kick the Poor, Middle Class In the Face Washington Post columnist Catherine Rampell described the ways Republicans are using higher taxes to “plan to punish the poor and middle class.” I used to think the Republican Party’s obsession with top-heavy tax cuts was about pleasing wealthy donors and maybe also fulfilling some misguided Randian fantasy. If the poor and middle class happened to be collateral damage, so be it. But it’s starting to look like shafting the little guy has become a feature, not a bug, of the GOP’s budget-busting tax plan. The left-leaning Tax Policy Center reported that 91 percent of middle-class taxpayers are getting a tax cut this year. 7. Most People Are Getting Bigger Paychecks. Here’s Why That’s Bad Rick Newman at Yahoo Finance wrote about a looming “tax surprise” in 2018, without ever explaining why giving the government a smaller interest-free loan with every paycheck might be better than a fat refund. The TCJA lowered the overall tax burden for about two-thirds of workers, leaving a majority with slightly larger paychecks. But a quirk could leave some taxpayers with an unhappy surprise as they file their 2018 returns this year, and find that the refund they were expecting is smaller than before. Some people accustomed to a refund could even end up owing money, instead. 8. New Yorkers Allege All Americans Will Suffer The day before the tax bill was signed in December 2017, protesters staged a “die-in” on Wall Street, near the New York Stock Exchange. One protester laying on the ground held a sign in the shape of a gravestone that read, “RIP/tax scam helped the rich/not me.” “If we don’t stop this, we, the young people, are not going to have a future,” the protester, Nova Felder, told City and State New York. A number of New York community leaders participated in the protests, too. “All of us will suffer as a result of those who care more about corporations than they do about the people,” said New York City Public Advocate Letitia James. 9. An Endless, Global Recession “We are very probably looking at a global recession, with no end in sight,” wrote New York Times columnist Paul Krugman. “I suppose we could get lucky somehow. But on economics, as on everything else, a terrible thing has just happened.” H/t to David Harsanyi. Link to comment Share on other sites More sharing options...
calfoxwc Posted April 17, 2019 Report Share Posted April 17, 2019 the socialist party of fear, lies, attempted soft coup, attempted tyranny, and God hating, baby murdering, soak workers with high taxes to buy radical dem votes from the poor, class envy warfare, racial warfare, and political warfare. Just going to hell the bunch of em. Link to comment Share on other sites More sharing options...
Clevfan4life Posted April 17, 2019 Report Share Posted April 17, 2019 i just read the firstbone and realized ut was ususl tripe and troll. Just fyi, the ACA is still up and running. Im pretty sure Summers was referring to ehat would happen if the ACA was dismsntled thtough trumps tax plan. which it wasnt. Link to comment Share on other sites More sharing options...
TexasAg1969 Posted April 17, 2019 Report Share Posted April 17, 2019 No source? Link to comment Share on other sites More sharing options...
Gorka Posted April 17, 2019 Author Report Share Posted April 17, 2019 1 hour ago, TexasAg1969 said: No source? Surely you didn't doubt these were legit? https://thefederalist.com/2019/04/15/9-apocalyptic-lies-fed-to-americans-about-the-republican-tax-bill/ Link to comment Share on other sites More sharing options...
Gorka Posted April 18, 2019 Author Report Share Posted April 18, 2019 5 hours ago, Clevfan4life said: i just read the firstbone and realized ut was ususl tripe and troll. Just fyi, the ACA is still up and running. Im pretty sure Summers was referring to ehat would happen if the ACA was dismsntled thtough trumps tax plan. which it wasnt. An explanation from Summers himself: http://larrysummers.com/2017/12/04/34153/ Face it, all 9 are factual. You ain't spinning out of this one. Link to comment Share on other sites More sharing options...
Clevfan4life Posted April 18, 2019 Report Share Posted April 18, 2019 1 hour ago, Gorka said: An explanation from Summers himself: http://larrysummers.com/2017/12/04/34153/ Face it, all 9 are factual. You ain't spinning out of this one. ill give u one opportunity to re examine ur argument before i casually dismiss it like an adult dismisses a child who comes to.him with a preposterous idea. And ill be using ur link...... to be clear this is NOT discussion sbout whether i beleive summers is right or wrong about his claim of 10,000 people will die. This is about are we smart enough and critical thinking adults who can properly parameterize someone else's argument whether we agree with the conclusion or not.. ☕ Link to comment Share on other sites More sharing options...
calfoxwc Posted April 18, 2019 Report Share Posted April 18, 2019 11 hours ago, TexasAg1969 said: No source? you never use any sources at all when you slur PRes Trump. you don't even give reasons why you say the slurs, either. you don't realize that??? Link to comment Share on other sites More sharing options...
Westside Steve Posted April 18, 2019 Report Share Posted April 18, 2019 11 hours ago, TexasAg1969 said: No source? No source? There's a link on every one of the bullet points. WSS Link to comment Share on other sites More sharing options...
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