>

Lower taxes for the rich. Let's not kid ourselves.
…for the rich tho >

This is why they are so desperate for a “culture war” issue >


Cultural populism may help win elections, but once in power the GOP tends to prioritize regressive economic policy. 

The entire GOP strategy in a single compound sentence. >

They borrow more money to pay for their tax breaks too.  Trump borrowed $8 Trillion in 4 years.
Republicans continue to sell out this country. >

But not for those who actually need lower taxes. >

Their most recent tax bill cut taxes for pretty much everyone >

Middle class taxpayers got a temporary cut. It's over now. >

Those cuts don’t expire until 2025. Btw, that’s for all individuals, not just the middle class >

But the corporate breaks are permanent. >

Most corporate cuts are temporary. A couple are permanent, but are offset with permanent corporate tax increases. Past 2027, there isn’t a net tax cut anymore >

Source? >

Here’s the cost by provision
And here’s the expirations
All corporate cuts except for the domestic rate and AMT expire >

Oh wait... you mean like tax cuts... like every republican ever? >

What a stupid headline. The GQP is always about lower taxes for the wealthy and corporations but now for the vast majority. Their 2017 GOP Tax Scam was touted originally as tax reform. It ended up being yet another upward wealth transfer in a series begun in the early 1980’s.
This is, of course, from a rag by the rich written for the rich. It’s credo is “I got mine, screw you, losers.” Imagine Bloomberg running for President as a Democrat. He might be socially liberal but he’s as greedy as any fascist/libertarian Republican. >

The 2017 bill was tax reform, and it was pretty solid. It also cut taxes for the majority of people >

No. The only people that got a lasting benefit were the richest 10%, while the rest of us now have to pay their bills. Why not have everyone contribute? Billionaires should have some skin in the game. >

Again, that’s not true >

The top 10% of Americans has the lowest effective rate of anyone, since the Trump exemptions passed. This is all public knowledge, but most people don’t care. >

You’re thinking of a true tax rate. The top 10% have the highest effective tax rates, and it’s not even close >

No, they have the highest “published” rate. Unfortunately in reality it all gets refunded plus more. The tax code is written by and for billionaires. For example, Musk claims he pays a lot of taxes, but after kickbacks from the government he’s profiting in the billions just from the tax code. >

For the rich. >

Paid for by the… >

Everybody else >

Nailed it. >

Nails made by slave prisoners >

Slave prisoners in private prisons. >

... so the same old dumb regressive ideas. >

Which is why US had $30T in Reaganomics debt.   The Laffer Curve nonsense never worked.
Clinton raised taxes after Reaganomics, economy boomed and US ran budget surpluses for the first time in decades. >

Wut... Something dreamed up in 1974 over a 3 martini lunch by Rumsfield, Cheney, and Laffer on a cocktail napkin isn't the basis for modern macroeconomics? >

It's way worse than that. >

Bloomberg.com is attempting to wash trump stench off republicans >

Finish the sentence, f or then rich