Random Politics & Religion #29: Hypocrisy Edition

Not this ***again...

DON'T YOU RAGE-SHAME ME!

Don't call me bro, chief.

Not this ***again...

that was half my fault...

chanti has a friend the size of Andre the Giant and I was asking her if her friend ever had her thyroid checked... before I could ask about her pituitary gland... it triggered some long dormant damp 'there is no such thing as hyperthyroidism' rant in Remo...

We weren't talking about your average walmart fatty in this case... but my brief medical curiosity in gigantism was quickly drowned out and I quit caring about it....

Das a huge ***^^

It's not a zero-sum game. Economic improvement can make up the difference.

Let's look at the track record shall we?

St. Ronald the president gave us the wealthy the biggest tax cut in history and had a recession. The economy recovered only after he raised taxes.

GHW Bush raised taxes and kicked off the explosive growth of the '90s that Clinton credit for.

GWB gave the savings that had accrued during the Clinton years away to the donor class in, you guessed it, another tax cut. The economy stagnated and then imploded.

Fortunately for the economy it looks like this tax cut is going the way of repeal and replace.

Shoring up their good ol lie about "trickle down economics never worked" is a harder and harder job for them every day.

Libs having another bad day

According to this new tax plan, anything less than 450k/yr is low-middle income. Fuzzy maths.

What does Papa Johns do with politics? We order them all the time and I've never seen or heard anything remotely political about it.

WTF are you talking about?

https://www.thebalance.com/trump-s-tax-plan-how-it-affects-you-4113968
...

http://thehill.com/policy/finance/358425-read-the-house-gops-429-page-tax-bill




Page 18:
RATE THRESHOLDS DEFINED
.—For purposes of this subsection—
...

B) 20-PERCENT RATE THRESHOLD

The 20-percent rate threshold shall be—

(i) in the case of a joint return or surviving spouse, $479,000 1/2 such amount in the case of a married individual filing a separate return

Page 19

(ii) in the case of an individual who
is the head of a household (as defined in section 2(b)), $452,400,

(iii) in the case of any other individual (other than an estate or trust), $425,800, and

(iv) in the case of an estate or trust,
$12,700

Low middle class made out the best with the middle class doing well and the minimal pay class still doesn't pay taxes.

https://www.thebalance.com/trump-s-tax-plan-how-it-affects-you-4113968

Trump's tax reform plan would help the wealthy more than the middle class. Once all the deductions and exemptions are factored in, the poorest fifth of the population receives a tax break of 0.5 percent to 0.2 percent. They were better off under Trump's Five-Part Plan, where they received a 0.6 percent boost.

The tax break improves for each income level. The top 1 percent would get an 8.5 percent break. That's better for them than Trump's Five-Part plan, which gave a 6.5 percent break. This favoritism to the wealthy is why Trump's tax plan increases the debt so much. The most affluent Americans contribute the lion's share to total tax revenues.

More than a third of taxpayers already have incomes that fall below their standard deduction and personal exemptions. They wouldn't benefit at all from the Framework plan, according to New York University law professor Lily Batchelder.

The Framework hurts parents of school-age children because they lose the personal exemption for each child. That means almost 10 million parents will see their taxes increase.

The Framework doesn't mention the head of household filing status. But Trump's earlier plan eliminated it. That would hurt single-parent families.

Will Trump's Tax Cuts Work?

The administration is relying on supply-side economics. That theory advocates giving tax cuts to businesses so they can create jobs. It worked during the Reagan administration because the highest tax rate was 70 percent. According to the Laffer Curve, that's in the prohibitive range. That's when taxes are high enough that cuts can boost the economy out of debt. But the 2017 tax rates are half what they were in the 1980s. For that reason, trickle-down economics no longer works.

No matter how low taxes are, corporations won't add jobs to build products until they see demand for them. That's why it makes economic sense to give the most significant tax cuts to the poor and middle class. They are more likely to spend every dollar they get. The wealthy use tax cuts to save or invest. It helps the stock market but doesn't drive demand. Once demand is there, then businesses create jobs to meet it. That's the best way for tax cuts to create jobs.

What does Papa Johns do with politics? We order them all the time and I've never seen or heard anything remotely political about it.

This week on "Why Do You Only Care About This Just Now?", after months of public figures staging left-wing protests, Kojo decides that the only one to get mad at is the CEO of a pizza chain who is concerned about how said protests are affecting his sales.

You been living in a bubble for the last 8 years or so? He was a huge vocal opponent of the ACA because it would bankrupt him or something. Even though somebody mathed it out and came up with the figure of raising his pizzas 25 cents would healthcare for his workers.