a criminal Congress. Banana Republic third world nation status here we come!

my boss, for instance, who thinks this tax plan is ridiculous and very much opposes it even though he would personally benefit by quite a bit, has already said that if it passes he'd probably set himself up as a pass-through entity like donnie, lowering his taxes even more.

that won't do anyone one bit of economic good, except that it will make a multi-millionaire even richer and deprive the government of much needed revenues at a time when the deficit is huge and the economy is doing fine.

i think this tax bill is full of unproductive incentives like that.

stupid on many levels.

ten more people to do .... something?

people hire when hiring turns a profit. what percentage of that profit the government takes doesn't change *whether or not* hiring is profitable, and therefore has little impact on the hiring decision.

like many companies, we will simply dividend out cash to shareholders.

shareholders, in turn, will do what they do when they get even more money, typically reinvest, quite likely overseas.


the idea that this will lead to more hiring is stupid, especially when we're near full employment.

My post was sarcasm. I still don't understand why the hands up CEOs about reinvestment that led to no hands did not get more airplay.

In some ways I think the resistance to the tax plan by the Democrats is cynical. If I had the resources, I could come up with a much better plan. Hell most of the posters on DU could as well.

The Democratic leadership likes being given a sword to use to acquire power in the next election. I just want decent governance.

The bigger the debt gets the faster the debt grows. Duh.

Til they pass his long awaited infrastructure bill equipped with provisions for southern border wall - and then gut SS+Medicare.

You think 2.2 Trillion is a lot of money.

I'm betting we end up at 4T when this is all over.

And then there will be no choice but for a democratic administration to raise taxes (doesn't matter on who) and the old favorite "tax and spend" and "blowing up the deficit" memes will quickly emerge from republican mouths.

No way to even talk about - health care, student loans, college tuition, SALT deductions, etc. They are baking this in so there is no way out. At least, no easy way.

That's what you get when 62 million Americans are so brainwashed that they voted for a misogynistic, ill-tempered, conman - who btw, is just as brainwashed by fox news as the rest of them.

any social program you can think of.

They want their Randian paradise of the 1% absolute rule over this country. You will be rich and free or poor and a slave, period.