$1.5 Trillion GOP Tax Cut Thread

[Person Man]

I love how the Republican logic on this devilish bill is "we need to pass this horribly unpopular bill now or we'll get destroyed in the midterms!"

They are either delusional or have resigned themselves to their fate in 2018 (AKA getting blown the **** out.)

At first glance, you would expect politicians to realize that passing an unpopular bill that is extremely easy for their political opponents to attack them on would lead to ruin in the midterms. However, I think we're looking at this wrong. Republicans know this bill isn't popular, and at least some of them probably know this bill won't lead to magic growth like they keep saying over and over again. Rather, what they all know is that this is a bill their donors want. This bill will pay back those conservative donors for all the money they have donated to Republican campaigns and thensome, and in order to keep getting donations, Congressional Republicans know they need to pass this.

So they know it's unpopular and likely to hurt them, but they think raking in enough campaign donations can stave off losing control of either chamber. It's very silly if you ask me. They should ask Democrats if money saved them in a bad political environment.

Haha as if donors were actually not going to fund Republicans regardless. They should also take note of how Democrats raised tons of money in 2010 and look how that went.

Most of them probably believe what they're saying. There is a reason they got into politics in the first place. And this bill does have some redeeming qualities (20% corporate tax rate + territorial taxation).

Obamacare was the same exact deal. They couldn't get everything they needed to make it work, but it was a substantial policy change. Maybe about half of what they needed to solve their problem. It was initially unpopular and it was something that united the opposition.

[junior chįmp]

Goodbye 80 House seats you cucks

[Yank2133]

I love how the Republican logic on this devilish bill is "we need to pass this horribly unpopular bill now or we'll get destroyed in the midterms!"

They are either delusional or have resigned themselves to their fate in 2018 (AKA getting blown the **** out.)

At first glance, you would expect politicians to realize that passing an unpopular bill that is extremely easy for their political opponents to attack them on would lead to ruin in the midterms. However, I think we're looking at this wrong. Republicans know this bill isn't popular, and at least some of them probably know this bill won't lead to magic growth like they keep saying over and over again. Rather, what they all know is that this is a bill their donors want. This bill will pay back those conservative donors for all the money they have donated to Republican campaigns and thensome, and in order to keep getting donations, Congressional Republicans know they need to pass this.

So they know it's unpopular and likely to hurt them, but they think raking in enough campaign donations can stave off losing control of either chamber. It's very silly if you ask me. They should ask Democrats if money saved them in a bad political environment.

Haha as if donors were actually not going to fund Republicans regardless. They should also take note of how Democrats raised tons of money in 2010 and look how that went.

Most of them probably believe what they're saying. There is a reason they got into politics in the first place. And this bill does have some redeeming qualities (20% corporate tax rate + territorial taxation).

Obamacare was the same exact deal. They couldn't get everything they needed to make it work, but it was a substantial policy change. Maybe about half of what they needed to solve their problem. It was initially unpopular and it was something that united the opposition.

It is actually not similar to the ACA.

The ACA at least helped reduce a significant problem (uninsured rate). The GOP tax plan doesn't do anything helpful. It won't improve economic growth at all.

Also, Obama and D's were betting on long-term effects of ACA (and seeing how popular the ACA is right now, they were correct). The GOP is offering no long-term benefits, the tax cuts for the middle class expire at the end of the decade. On top of that, the public doesn't buy the GOP's nonsense when it comes to trickle down economics.

If Republicans think this bill will save them in the future, then they are delusional.

[swf541]

I love how the Republican logic on this devilish bill is "we need to pass this horribly unpopular bill now or we'll get destroyed in the midterms!"

They are either delusional or have resigned themselves to their fate in 2018 (AKA getting blown the **** out.)

At first glance, you would expect politicians to realize that passing an unpopular bill that is extremely easy for their political opponents to attack them on would lead to ruin in the midterms. However, I think we're looking at this wrong. Republicans know this bill isn't popular, and at least some of them probably know this bill won't lead to magic growth like they keep saying over and over again. Rather, what they all know is that this is a bill their donors want. This bill will pay back those conservative donors for all the money they have donated to Republican campaigns and thensome, and in order to keep getting donations, Congressional Republicans know they need to pass this.

So they know it's unpopular and likely to hurt them, but they think raking in enough campaign donations can stave off losing control of either chamber. It's very silly if you ask me. They should ask Democrats if money saved them in a bad political environment.

Haha as if donors were actually not going to fund Republicans regardless. They should also take note of how Democrats raised tons of money in 2010 and look how that went.

Most of them probably believe what they're saying. There is a reason they got into politics in the first place. And this bill does have some redeeming qualities (20% corporate tax rate + territorial taxation).

Obamacare was the same exact deal. They couldn't get everything they needed to make it work, but it was a substantial policy change. Maybe about half of what they needed to solve their problem. It was initially unpopular and it was something that united the opposition.

It is actually not similar to the ACA.

The ACA at least helped reduce a significant problem (uninsured rate). The GOP tax plan doesn't do anything helpful. It won't improve economic growth at all.

Also, Obama and D's were betting on long-term effects of ACA (and seeing how popular the ACA is right now, they were correct). The GOP is offering no long-term benefits, the tax cuts for the middle class expire at the end of the decade. On top of that, the public doesn't buy the GOP's nonsense when it comes to trickle down economics.

If Republicans think this bill will save them in the future, then they are delusional.

[mvd10]

I'm sure everyone's favorite RINO is jizzing up a storm right now. After all, tax cuts for the wealthy is basically the only reason s/he's a Republican.

It's better than being a Republican because you just hate the blacks

[Matty]

Dwarven dragon, please give us an updated whip count

[mvd10]

It's good to note that Johnson owns (owned?) a pass-through business that would benefit from a further cut to the pass-through rate. He also has stakes in several other pass-through businesses. Conflict of interest? He did get what he wanted in the end.

[Santander]

I'm sure everyone's favorite RINO is jizzing up a storm right now. After all, tax cuts for the wealthy is basically the only reason s/he's a Republican.

It's better than being a Republican because you just hate the blacks

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[mvd10]

I'm sure everyone's favorite RINO is jizzing up a storm right now. After all, tax cuts for the wealthy is basically the only reason s/he's a Republican.

It's better than being a Republican because you just hate the blacks

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The corporate tax cut will attract companies, spur investment and create thousands of jobs for minorities. Trump loves minorities and minorities will love Trump after they get their big fat TRUMP paycheck next year . Democrats oppose corporate tax cuts because they help minorities. SAD!

[IceSpear]

I'm sure everyone's favorite RINO is jizzing up a storm right now. After all, tax cuts for the wealthy is basically the only reason s/he's a Republican.

I'd be surprised if he loved this bill. I think he's more a Republican for historical and personal reasons. "Party of Lincoln, born and raised Republican, etc." It's more of an identity and culture thing. Kind of like the inverse of those "My grandpappy would hit me with a coal shovel if I ever voted Republican" right wingers that used to dominate West Virginia, but have finally either died or switched parties once the Democrats had the nerve to betray them and elect a darkie I mean uhh...economic anxiety! Yeah, that's it.

[Badger]

I'm sure everyone's favorite RINO is jizzing up a storm right now. After all, tax cuts for the wealthy is basically the only reason s/he's a Republican.

It's better than being a Republican because you just hate the blacks

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The corporate tax cut will attract companies, spur investment and create thousands of jobs for minorities. Trump loves minorities and minorities will love Trump after they get their big fat TRUMP paycheck next year . Democrats oppose corporate tax cuts because they help minorities. SAD!

Why do you have a blue avatar again? Clearly you don't drink the kool-aid on trickle-down and white-grievance, so I'm genuinely puzzled.

Not all Republicans are Trumpists. (Most, sadly, but not all).

[Green Line]

How will this affect me?  Is there a calculator?

I like the idea that the cuts will automatically expire if the revenue doesn't materialize.  Now THAT is the kind of thinking we need in congress.

[Hindsight was 2020]

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https://twitter.com/christinawilkie/status/935637329062055936

[Esteemed Jimmy]

Did anyone seriously believe that Ron Johnson of all people would vote no? lol

[GeorgiaModerate]

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https://twitter.com/christinawilkie/status/935637329062055936

Kennedy certainly has a way with words:

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[Dr. Arch]

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https://twitter.com/christinawilkie/status/935637329062055936

Kennedy certainly has a way with words:

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Then he better drink it in open congress as he hackishly votes for it and screws over his constituents.

[Attorney General, Senator-Elect, & Former PPT Dwarven Dragon]

Senate adjourned for the night. Motion to Proceed is apparently tomorrow, amendment votes to follow

[GlobeSoc]

The shuffling of republicans into and out of the no column for this bill is one of the more interesting aspects of the action surrounding this bill.

[Attorney General, Senator-Elect, & Former PPT Dwarven Dragon]

The non-partisan Joint Congressional Committee on Taxation will release a report on the bill potentially as soon as tomorrow evening. Unlike the CBO, it will consider how much enonomic growth is likely to result from the bill and how this will affect the Bill's effect on the deficit.

[The Other Castro]

Does this bill still have some big hoops to go through before becoming a reality? Yes
Does it have a much greater chance of passage than healthcare reform ever had? Yes

Right now, I think we're looking at some kind of tax bill becoming law. Maybe not the draft currently up for debate, but something.

[IceSpear]

How exactly can one keep an "open mind" about something you'd rather drink weed killer than do?

[The Other Castro]

How exactly can one keep an "open mind" about something you'd rather drink weed killer than do?

He can hold his opinions on something until it becomes a problem for Senate leadership affecting passage, after which he will suck it up and find some justification for it.

[junior chįmp]

The shuffling of republicans into and out of the no column for this bill is one of the more interesting aspects of the action surrounding this bill.

It's a tactic to confuse the voting Public. They can also say come election time " but but I objected to it!"

[KingSweden]

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https://twitter.com/christinawilkie/status/935637329062055936

Kennedy certainly has a way with words:

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His quote about not voting for Brett Talley was something, too

[Statilius the Epicurean]

Did anyone seriously believe that Ron Johnson of all people would vote no? lol

Voting it out of committee doesn't necessarily mean he'll vote yes on the final bill. McCain voted for the MTP on Obamacare repeal and then switched his vote to kill it. Who knows how the last-minute negotiations and amendments to this thing will end up.