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(The Hill)   The tax reform deadline just slipped by the GOP   ( thehill.com) divider line
    More: Fail, Tax, tax reform, Progressive tax, Corporate tax, Taxation, tax changes, Income tax, United States Senate  
•       •       •

2779 clicks; posted to Politics » on 20 Apr 2017 at 12:22 PM (26 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



48 Comments     (+0 »)
 
View Voting Results: Smartest and Funniest
 
2017-04-20 09:18:55 AM  
Can you blame them? I mean, they're hamstrung by liberal majorities in the House and Senate right? And besides, it will all be vetoed by Barack "3rd Term" Obama anyway. so it's not their fault.
 
2017-04-20 09:27:44 AM  
Sshh. Don't tell them. Let them believe they did it. Ditto for health insurance reform. Use fake news to our advantage during this regime.
 
2017-04-20 10:08:07 AM  
"Highly aggressive to not realistic" is a good description of this entire administration.
 
2017-04-20 10:14:44 AM  
Who set this deadline?

Also, it is no surprise that the GOP can't govern their way, successfully, out of paper bag right now.
 
2017-04-20 10:36:35 AM  

LadySusan: Sshh. Don't tell them. Let them believe they did it. Ditto for health insurance reform. Use fake news to our advantage during this regime.


That's not a bad idea.

"Trump's health care reform is a huge success!  And the taxes?  THE BEST!"
 
2017-04-20 11:02:08 AM  
img.fark.net
 
2017-04-20 11:31:03 AM  
Oh no! THIS time was the time the Holy Job Creators were TOTALLY going to use their tax cuts to hire 400 million people! Darn the luck!
 
2017-04-20 12:01:36 PM  
This is really no big deal.  Trump and the GOP are just getting the incompetence and failure out of the way early - you gotta go with your strengths.
 
2017-04-20 12:09:41 PM  

LadySusan: Sshh. Don't tell them. Let them believe they did it. Ditto for health insurance reform. Use fake news to our advantage during this regime.


"Sure, sounds good to you now, but that's how you get a zombie apocalypse. ", those were my prophetic words 3 years ago, before the zombies voted for the orange menace.
 
2017-04-20 12:31:21 PM  
If you don't have a budget, you don't need taxes.
 
2017-04-20 12:32:27 PM  

palelizard: If you don't have a budget, you don't need taxes.


I think Illinois & Pennsylvania have been doing that for awhile now
 
2017-04-20 12:33:13 PM  
God, the brain trust from that article is enough to bankrupt King Midas: Arthur Laffer (Kansas), Steve Forbes (FLAT TAX!!!), Kudlow (I did so much cocaine in 80s I got fired. The 80s FFS), and Stephen Moore (tax cuts always pay for themselves).
 
2017-04-20 12:34:52 PM  
Why does every farking news site feel the need for autoload, autoplay videos with farking sound.  Why is this such a major movement in the media?  Who the fark thinks this is a good idea?
 
2017-04-20 12:38:31 PM  
Why don't they just write reformed in red crayon on a piece of construction paper and have 45 sign it?

Their base won't know the difference.
 
2017-04-20 12:39:39 PM  

Satanic_Hamster: Why does every farking news site feel the need for autoload, autoplay videos with farking sound.  Why is this such a major movement in the media?  Who the fark thinks this is a good idea?


The same idiots that thought pop up ads were a good idea.
 
2017-04-20 12:41:17 PM  
I don't understand this very well. If the corporate taxe rate is cut from 35% to 20% doesn't the goverment lose a huge amount of income? The article says that the GOP had plans to offset the loss with import tariffs but speculates that won't happen. Where is the shortfall accounted for? Slashing government programs and waiting for that money to trickle down?

Serious question!
 
2017-04-20 12:42:38 PM  

palelizard: If you don't have a budget, you don't need taxes.


If you believe the government is useless, it doesn't need to accomplish anything.
 
2017-04-20 12:43:35 PM  

ohdontbeshy: I don't understand this very well. If the corporate taxe rate is cut from 35% to 20% doesn't the goverment lose a huge amount of income? The article says that the GOP had plans to offset the loss with import tariffs but speculates that won't happen. Where is the shortfall accounted for? Slashing government programs and waiting for that money to trickle down?

Serious question!


Where all GOP spending increases or tax cuts come from: deficits.
 
2017-04-20 12:44:46 PM  

Satanic_Hamster: Why does every farking news site feel the need for autoload, autoplay videos with farking sound.  Why is this such a major movement in the media?  Who the fark thinks this is a good idea?


I called this in '95. They're trying their damnedest to turn the Web into TV.
 
2017-04-20 12:45:57 PM  

ohdontbeshy: I don't understand this very well. If the corporate taxe rate is cut from 35% to 20% doesn't the goverment lose a huge amount of income? The article says that the GOP had plans to offset the loss with import tariffs but speculates that won't happen. Where is the shortfall accounted for? Slashing government programs and waiting for that money to trickle down?

Serious question!


You see, when you lower the corporate tax rate the corporations get more money to spend on making more money, and when they make more money they make so much money that even being taxed at the lower percentage makes more money for the government, plus everybody has more money and they're happier because like the saying goes - more money, fewer problems.
 
2017-04-20 12:46:23 PM  

ohdontbeshy: I don't understand this very well. If the corporate taxe rate is cut from 35% to 20% doesn't the goverment lose a huge amount of income? The article says that the GOP had plans to offset the loss with import tariffs but speculates that won't happen. Where is the shortfall accounted for? Slashing government programs and waiting for that money to trickle down?

Serious question!


I'm guessing this is why Ryan is pushing for "healthcare reform" again, on top of the tax reform deadline. They want to pay for tax cuts by taking medication and food away from poor children.
 
2017-04-20 12:46:28 PM  
Who could have guessed that (insert bigly phenomenal campaign promise) would be so difficult?
 
2017-04-20 12:47:24 PM  

Satanic_Hamster: Why does every farking news site feel the need for autoload, autoplay videos with farking sound.  Why is this such a major movement in the media?  Who the fark thinks this is a good idea?


Advertising where they get paid per impression?
 
2017-04-20 12:47:48 PM  

ohdontbeshy: I don't understand this very well. If the corporate taxe rate is cut from 35% to 20% doesn't the goverment lose a huge amount of income? The article says that the GOP had plans to offset the loss with import tariffs but speculates that won't happen. Where is the shortfall accounted for? Slashing government programs and waiting for that money to trickle down?

Serious question!


Yes
 
2017-04-20 12:49:09 PM  

ohdontbeshy: I don't understand this very well. If the corporate taxe rate is cut from 35% to 20% doesn't the goverment lose a huge amount of income? The article says that the GOP had plans to offset the loss with import tariffs but speculates that won't happen. Where is the shortfall accounted for? Slashing government programs and waiting for that money to trickle down?

Serious question!


"Milo chortled proudly. "I don't buy eggs from Malta," he confessed... "I buy them in Sicily at one cent apiece and transfer them to Malta secretly at four and a half cents apiece in order to get the price of eggs up to seven cents when people come to Malta looking for them." ...
"Then you do make a profit for yourself," Yossarian declared. "Of course I do. But it all goes to the syndicate. And everybody has a share. Don't you understand? It's exactly what happens with those plum tomatoes I sell to Colonel Cathcart." "Buy," Yossarian corrected him. "You don't sell plum tomatoes to Colonel Cathcart and Colonel Korn. You buy plum tomatoes from them." "No, sell," Milo corrected Yossarian. "I distribute my plum tomatoes in markets all over Pianosa under an assumed name so that Colonel Cathcart and Colonel Korn can buy them up from me under their assumed names at four cents apiece and sell them back to me the next day at five cents apiece. They make a profit of one cent apiece, I make a profit of three and a half cents apiece, and everybody comes out ahead."
 
2017-04-20 12:51:06 PM  
Gonna be hard with a 8-5 Monday through Friday President.
 
2017-04-20 12:52:05 PM  
Repeal Obamacare day 1

Has a plane to defeat ISIS in 30 days

Tax reform by August
 
2017-04-20 12:53:32 PM  

stuhayes2010: Gonna be hard with a 8-5 Monday through Friday President.


Friday? Trump only puts in a half day Thursday before jetting off to Florida.
 
2017-04-20 12:53:38 PM  
In a New York Times op-ed on Wednesday, Steve Forbes, Larry Kudlow, Arthur Laffer and Stephen Moore - cofounders of the Committee to Unleash Prosperity1 and advisers to Trump's campaign - argued that a business-only tax cut bill would be the easiest way for Trump to score a legislative achievement early in his presidency2.

1. Republicans continue to give organizations and bills that are terrible a name that is the opposite of whatever it is for.

2. Ah, yes.  If we can't help everyone, then at least serve the poor businesses and corporations before the people of the country.
 
2017-04-20 12:54:23 PM  
Thank you for all the responses. Ugh that shiat is grim.
 
2017-04-20 12:59:58 PM  

phamwaa: I called this in '95. They're trying their damnedest to turn the Web into TV.


Which is a dumb strategy.  People's ability to block things is much, much greater on computer.
 
2017-04-20 01:07:08 PM  

ohdontbeshy: Thank you for all the responses. Ugh that shiat is grim.


No no no. It'll totally work this time. Because Steve Forbes has really good lobbyists and believes in magic.
 
2017-04-20 01:12:00 PM  

Satanic_Hamster: Why does every farking news site feel the need for autoload, autoplay videos with farking sound.  Why is this such a major movement in the media?  Who the fark thinks this is a good idea?


If you use Chrome, try this. Works pretty well.
 
2017-04-20 01:14:39 PM  

LouDobbsAwaaaay: ohdontbeshy: I don't understand this very well. If the corporate taxe rate is cut from 35% to 20% doesn't the goverment lose a huge amount of income? The article says that the GOP had plans to offset the loss with import tariffs but speculates that won't happen. Where is the shortfall accounted for? Slashing government programs and waiting for that money to trickle down?

Serious question!

I'm guessing this is why Ryan is pushing for "healthcare reform" again, on top of the tax reform deadline. They want to pay for tax cuts by taking medication and food away from poor children.


Or they just won't pay for any of it because deficits don't matter when Republicans are in charge.
 
2017-04-20 01:14:44 PM  
Of course these financial and corporate elites would prefer Trump prioritize corporate tax reform, as it benefits them while shifting even more of the burden for our debt and deficit onto the working class.

It's also worth mentioning that their suggestion also demonstrates the hypocrisy of financial "conservatives", who suggest coupling the tax break with an increase in spending on infrastructure (which business is greatly reliant upon for profits), in order to garner Democratic support. Yet we have a deficit, so where will such spending pull funding from? The debt, and under a regressive regime, ultimately the working class will foot the bill. This suggestion is in no way fiscally conservative. It's closer to classical liberalism, but with any consideration of the quality of labor standards and working class earnings dismissed.

Back to TFA; They might even be correct in their statement that such tax reform will benefit the market. But what does market growth mean to the average American? Not very much.

Aside from the majority of retirement systems being lashed to the market (to coerce market subservience and reliance from the working class), the fundamental truth is that market growth predominately benefits the highest income earners.

Tax reform is needed, so long as we continue to operate this command based market economy, but it is capital gains tax which needs reform, and not in the direction Trump and his elitist ilk would support.

The left must push for change at all levels of government. We need to be forming community based organizations which can pressure law-makers. We need agitation.
 
2017-04-20 01:17:58 PM  

phamwaa: Satanic_Hamster: Why does every farking news site feel the need for autoload, autoplay videos with farking sound.  Why is this such a major movement in the media?  Who the fark thinks this is a good idea?

I called this in '95. They're trying their damnedest to turn the Web into TV.


I still would rather read a news story than watch it.  There's never been a more in-depth video than the actual text.  And I read like a speed demon - it saves me time to read.  Text news FTW!
 
2017-04-20 01:20:31 PM  

HMS_Blinkin: Or they just won't pay for any of it because deficits don't matter when Republicans are in charge.


"Reagan proved that deficits don't matter (when we're in charge)" -- Dick Cheney

It's not as if slashing and burning the safety net is going to save any money to begin with. But it's an easy way to do something awful while claiming you're doing it for not-awful reasons. If they could figure out how to argue that denying black people the right to vote saves money, they'd roll that into their "tax reform" too.
 
2017-04-20 01:20:34 PM  

Satanic_Hamster: phamwaa: I called this in '95. They're trying their damnedest to turn the Web into TV.

Which is a dumb strategy.  People's ability to block things is much, much greater on computer.


I snapped today too.  Chrome has an html 5 auto play blocker yo
https://chrome.google.com/webstore/detail/disable-html5-autoplay/efdh​o​aajjjgckpbkoglidkeendpkolai?hl=en
 
2017-04-20 01:24:04 PM  

Nadie_AZ: Who set this deadline?

Also, it is no surprise that the GOP can't govern their way, successfully, out of paper bag right now.


They are a wet sack full of crazy over there.
 
2017-04-20 01:42:03 PM  

Mr. Coffee Nerves: Oh no! THIS time was the time the Holy Job Creators were TOTALLY going to use their tax cuts to hire 400 million people! Darn the luck!


All of them in the coal industry!!
 
2017-04-20 01:44:28 PM  
Instructions to stop autoplay in Firefox, seems to stop most anyway:

1. Enter about:config in the address bar
2. Search for media.autoplay.enabled and toggle to "false"

Other good addons: ublock origin, paywall-pass, privacy badger, HTTPS everywhere
 
2017-04-20 02:21:29 PM  
 From clown show to total train wreck in 100 days or less. Winning.. "POS"
 
2017-04-20 02:36:40 PM  
"Republicans need to act with some degree of urgency. The financial markets and American businesses are starting to get jittery over the prospect that a tax cut won't get done this year," the campaign advisers wrote. "A failure here would be negative for the economy and the stock market and could stall out the 'Trump bounce' we have seen since the president's election."

loyalkng.com
 
2017-04-20 02:55:07 PM  
I went to my local town hall last night for Rep. Darin LaHood and the idiot claims that corporate taxes and EPA regulations were responsible for our local industry, Caterpillar, losing over $30 billion in the last few years.  This is how out touch with reality these people are and yet they create the laws that govern our nation.

I'm glad I'm not in that 72% of people who voted for him.
 
2017-04-20 07:22:59 PM  

ohdontbeshy: I don't understand this very well. If the corporate taxe rate is cut from 35% to 20% doesn't the goverment lose a huge amount of income? The article says that the GOP had plans to offset the loss with import tariffs but speculates that won't happen. Where is the shortfall accounted for? Slashing government programs and waiting for that money to trickle down?

Serious question!


They aren't even import tariffs, they are a HUGE sales tax on consumers. TO pay for a huge tax cut to businesses and wealthy individuals. How they think they can slip a 20% tax on pretty much everything you buy through unnoticed amazes me. Their contempt for their own constituents is astonishing.
 
2017-04-21 12:57:17 AM  

Nadie_AZ: Who set this deadline?

Also, it is no surprise that the GOP can't govern their way, successfully, out of paper bag right now.


img.fark.net
 
2017-04-21 01:49:17 AM  
Deadline schmedline.  All Deadbeat Donny needs to do is send out a few tweets and it's a done deal.
 
2017-04-21 10:48:56 AM  

Marcus Aurelius: LadySusan: Sshh. Don't tell them. Let them believe they did it. Ditto for health insurance reform. Use fake news to our advantage during this regime.

That's not a bad idea.

"Trump's health care reform is a huge success!  And the taxes?  THE BEST!"


You betcha! Obamacare defeated and replaced with the Republican's much better ACA.
 
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