GOP – Taxes and History

I have a simple question, one I would ask my children in a situation where facts stated are proven wrong—

If this is innocent, why do you feel you have to lie?

There is a pattern:

  • Ronald Reagan and George Bush Sr. Introduced “trickle down economics,” giving all the money to the richest people, telling the rest of us the money would be invested in jobs and the economy then trickle down to us…and everyone would be fat and happy. Instead it led to the collapse of S&L, resulting in a $500 billion bailout, and a record deficit.
  • Democrat Bill Clinton stepped in, increased corporate taxes and taxes on the wealthy, which is why they hated him, but he turned our federal “deficit” into a surplus.
  • George W Bush was (kind of but not really) elected. He took the surplus he was left with and gave tax cuts to corporations and billionaires, and initiated oil wars under false pretenses. We watched Wall Street and greedy CEO’s stuff their pockets and jump with their golden parachutes as the economy collapsed, leading to a $1 trillion bailout, and the end result was a new record deficit.
  • Democrat Barack Obama raised corporate taxes and taxes on billionaires, added restrictions against predatory lenders in order to prevent another such collapse, and the economy recovered. While we weren’t left with a surplus, we did have the largest deficit cut in history.

Donald J (ackass) tRump is attempting to keep the pattern going. One of his first presidential orders was to remove the restrictions that had been put in place to prevent corporate giants and banks from repeating history.

Now he is pushing a tax plan that will increase the national deficit $1.5 trillion. His tax plan takes money meant for healthcare, for children, and the elderly, and gives it to people who already own the bulk of the economy. Thees are the same people who hide their money offshore in places like the Cayman Islands as to not pay taxes. This tax plan is blatant if you look at it. The numbers Orin Hatch and Paul Ryan give as examples are wrong, yet they spew indignation when Democrats point that out and state the truth. This is the rich pillaging the economy… again.

This bill might start with meager decrease in taxes for some, but over time increase for the middle-class from 12 percent to 25 percent. Additionally, any tax cut you may have gained will be spent on healthcare premium increases, and cuts in coverage.

Despite what they say, with this bill, in 2027 a family with children with an income of $40-50K will have a $240 TAX INCREASE
A childless single person w/no kids with an income of $1,000,000+ will receive a $188,770 TAX CUT.

Paul Ryan is using examples in his tax talk which imply the middle class are those who earn an annual income of $450,000.
According to ‘Business Insider,’ the media. Household income in the United States is $52,250.

According to the Associated Press, a non partisan assessment shows the GOP Tax plan will ultimately raise taxes on 50% of Americans.

I was raised knowing the GOP works for “the man” – the Mercer’s, Koch brothers, several Russian oligarchs, and the like, who have a vested interest in our healthcare system and banks- they own the GOP. How they manipulate so many to believe otherwise is astounding. Unless you are wealthy you are not benefitting from a republican leadership and you are doing us all a disservice by voting with the GOP. Open your history books! You are being manipulated by fear and racism. The GOP’s hands are in your pockets.

The Republican Party is currently defending a pedophile, whose predilection is such common knowledge he is banned from a mall in his home state of Alabama, because they need his vote for another tax cut for corporations and billionaires to start this cycle again.

They call themselves the party of “family values”…a family of grifters perhaps.

**CALL your Senators today at: (202) 224 – 3121 Tell them to vote no to this tax bill.

________________________

<a href=”https://dailypost.wordpress.com/prompts/nest/”>Nest</a&gt;

Tax Bill Moves to Senate

GOP Tax Scam has passed in the House of Representatives, and now moves on to the Senate.

This is great news for the 1% wealthiest, and Corporate America. This is bad news for everyone else. Regardless of what Orin Hatch, GOP President pro tempore of the United States Senate, says this is a gift for the wealthy. Not sure if you buy that? This tax bill allows a tax deduction for owners of private jets.

At the same time, it no longer allows teachers to deduct the school supplies they purchase with their own money… but corporations will continue to deduct the cost of their office supplies.

Healthcare… It feels like we just had this argument…because we did. We are having it again because the tax plan has an Affordable Care Act defunding clause, much like the Trumpcare plan which was voted down in the senate several weeks ago.

Alaska Senator Lisa Murkowski, was one of three GOP Senators who saved American healthcare by voting NO, against party lines, to the Graham/Cassidy healthcare bill, which would have resulted in— millions of Americans losing healthcare, a rise in premiums with less coverage for everyone else, and the re-introduction of pre-existing condition exclusions.

That was THEN, this is NOW. While we have supposedly left healthcare alone and moved onto “tax cuts,” the GOP slipped the same healthcare cuts into this tax bill.

A Wall Street investor was quoted in VF magazine likening the GOP Tax bill to a Ponzi scheme. How is that? Like the Ponzi scheme— fraudulent investment operation where profit is generated for older investors through revenue paid by new investors, rather than from legitimate business activities or profit of financial trading— this tax bill will offer tax-relief for multinational corporations and the wealthiest Americans which will be paid for by revenue from tax increases and cuts in healthcare benefits for the not so wealthy, both rising as levels of poverty do.

Taxes may go down modestly for some middle class families at first, but the increase in insurance premiums and the decrease in what insurance will cover will more than negate any middle class tax cut. Additionally, the rich man’s tax cut includes drastic cuts to benefits like Healthcare, Medicare, Medicaid, Social Security.

Let’s go back to Lisa Murkowski. She hasn’t decided how she will vote with regards to this GOP tax bill/ healthcare repeal.

What’s different NOW is this bill has in it other items in it that Murkowski wants, specifically to put an end to Alaska’s Arctic National Wildlife Refuge, or ANWR, so as to open it up to oil and gas drilling. Screw the poor, screw the middle class, screw the environment…she wants oil. It is possible this mandate was thrown in there for Murkowski? Yes.

This tax bill has specific mandates intended to entice several wavering GOP Senators, and the mandates have nothing to do with taxes.

The senate is divided Republicans 52-48 Democrats. Two republicans voting no will force a tie which will be broken by Vice President Pence- we know how that will go. It will take a NO vote from three GOP Senators to kill this tax bill, and that only if every Democratic Senator votes no.

Regardless of the applauds Murkowski received in airports after killing the Graham/Cassidy healthcare bill, I think we can expect Murkowski to go for the oil…

If this bill passes in the Senate we can expect insurance premium increases next year as shown on the chart below.

We can expect funding cuts which will lead to benefit cuts to Social Security, Medicare, and Medicaid. These benefits will be reduced regardless of the fact that— since your first day on your first job, you have been paying into these programs for your future use.

The savings garnered from these cuts will be passed the wealthiest among us, a trillion dollar tax cut for corporate giants and the wealthiest 1%, paid for by everyone else.

Donald Trump will benefit hugely, as will Steve Mnuchin, Bob Mercer, and the majority of Trump’s cabinet.

The entire GOP senate has a personal interest in seeing this tax bill pass. They have been on the receiving end of donations from those who would benefit, and they have been warned the money they’ve become accustomed to receiving in the form of campaign donations will be cut off.

GOP members who vote yes are voting to take healthcare away from millions to give money to individuals. They choose to do this in order to continue receiving “donations” from their billionaire donors.

CALL ALL Senators today at: (202) 224 – 3121 Tell them to vote no to this tax bill.

____________________________

<a href=”https://dailypost.wordpress.com/prompts/mushroom/”>Mushroom</a&gt; <a href=”https://dailypost.wordpress.com/prompts/particular/”>Particular</a&gt;

Wealth Gap and Tax Cuts — A Poem

In the United States the richest 

1% of the population hold

38.6% of the wealth…what’s best 

Compared to a decade ago 

~

Back before the 2007 recession

That same top group held 33.7% 

Know that, and I’ll ask you a question

Do they need a tax cut of even a cent?

~

Consider– That 1% group at the top 

Have more than we 90% at back of the line

Money never “trickles down”–so stop

Believing it as your wealth declines

~

As you struggle to pay for food and rent

Know the gap: between 10% wealthiest

And the middle class is over 1000%

1000 more for the top 1%… greed at it’s best 

~

When they take tax cuts for themselves soon

And rob us of our health care

Steal retirement pensions and 401Ks

Think about those CEOs who dare

~

To earn in a single hour

What their average employee 

Néophytes with no earning power

Must work over a month to see

~

When you pull out your credit card to buy

Your groceries for the week

Remember the tax cut the GOP try

To give the rich– whose donations they seek

Owed by we fools the 90% who pay tax

73% of the debt, the nations bank notes

Those whores who won’t guard our backs

Know their names when you cast your votes

____________________

<a href=”https://dailypost.wordpress.com/prompts/neophyte/”>Neophyte</a&gt;

Tired of All This Winning? I Am.

First let me say I am disappointed there were no new arrests made on Friday by Bob Mueller. I apologize for expressing my anticipation and excitement at conjecture made by those who claim to have friends on the inside. The twitter buzz was off, and although I hope not by too many days, I will never repeat my mistake by saying as much…after that last sentence. 
To my long suffering fellow Americans I am inclined to say– the best things in life are worth waiting for, patience is a virtue, good things come to those who wait…and all that jazz. 
Now that I’ve scraped the egg substitute off my vegan face I can move on.

With Halloween just having passed, the answer to the following question should come easy: What does fear sound like? 

Chattering teeth, screams, knees knocking together… 

Yes, all that can be heard coming from the Oval Office, but additionally we may add the GOP the voices rising in discontent. Voices of those whose continued attempts to obstruct the Mueller investigation have become tiresome. 

Matt Gaetz of Florida, Andy Biggs of Arizona, and Louie Gohmert of Texas have called on Special Prosecutor Robert Mueller III to step down from the Trump/Russia investigation. Their reason? Hillary Clinton and uranium… amazing.

Moving on, the Republican tax bill is just that- it will come in the form of a bill to middle and low income taxpayers, and in form of direct deposit to the wealthy. The benefits of the bill seem to be form fitted for Trump’s beautiful chocolate cake loving fat ass. (Body shaming a body shamer is okay.)

Listed are five examples of changes we can expect: 

  1. Lowly teachers are singled out in this attack. Most teachers in this country which does not value education, example- Betsy Devos is our Secretary of education, are forced to spend their own hard earned money on classroom supplies– due to a lack of government funding. Teachers will no longer be allowed to claim the cost of said items as a tax deduction. Education is Trump’s enemy because the majority of his base are happily uneducated. Uneducated people are easier to manipulate.
  2. That $10 Starbucks gift card you received at work for a job well done…taxes will be due on that by April 15th. 
  3. First premiums for substandard health insurance become impossible to afford, then medical bills are no longer a tax deduction. For major medical costs, anything over 7.5% of your adjusted gross income is no longer tax deductible. This is a direct attack on lower income Americans because, at their income level, 7.5% will be exceeded with one hospital visit. 
  4. This bill eliminates state and local tax deductions- Residents of high tax states like Illinois, California and New York may want to consider a move.
  5. Corporate tax rates are cut to 20%… because CEO’s have to eat too.

This tax bill adds $1.5 trillion to the current deficit of $20 trillion. 
The phrase “the devil is in the details” must hold true here, because there are no details in the bill.  This is essentially a request to sign a blank check to be filled in, by white coller criminals, at a later date.
Speaking of the prince of darkness, Paul Ryan is up for re-election in 2018. How many times does he have to show us his lack of conscience before we recognize him for the used car salesmen he should be? I am considering a move to Wisconsin so I can vote against him, and I encourage all my readers to do the same. 
Tired of all this winning? I am.
____________________________

<a href=”https://dailypost.wordpress.com/prompts/proxy/”>Proxy</a&gt;

American Cacophony

Trump’s tweets, their tenor—Te Deum trilling offbeat tambourine 

The tone deaf GOP’s decline bellows “lowest ratings ever seen”

Score for Sarah Sanders solo sycophantic syncopation 

Her words ring false in resonance- that’s her chosen occupation

EPA is a-cappella as earth descends adagio

Pence preludes irrelevance with overused off key vibrato  

Tillerson sings the emperor-moron wears no clothes— new or old

Congress Democrats Republicans their music’s bought and sold

Paul Ryan’s rhythm is all wrong what’s playing isn’t tax reform 

Mitch McConnell stands mute behind him a maestro who misinforms 

Does Niger Trump Benghazi? John Kelly’s rising tempo intermezzo

Putin’s interlude, the chorus cries an overture crescendos

Billionaires steal 4 trillion, an ensemble, savant Trump’s inside job

Mysoginists and racists, take healthcare- with the help of Russian mobs

U.S. political programs lack all acoustic harmony

Be afraid— until 2018 this is our Cacophony

Tax Cuts for the Wealthy Approved by GOP Senate

We Americans are easily distracted by Trump’s three ring circus, myself included, and that is when the GOP takes the opportunity to strike. 

The GOP does not work for the American majority, they work for the extremely wealthy, and the corporate giants of America. 

This past week, while master illusionist Trump was tweeting about uranium, Mitch McConnell and Paul Ryan were at work again. They work for a small faction of the population who in fact own the GOP. 

The GOP heavy Senate approved the tax bill on Friday voting along party lines— 

51 Republicans votes yes, 
49 Democrats votes no. 

The yeas have it. 

Billionaires win again. Who?

The Koch brothers own the GOP, the GOP control Congress, and this is their tax plan. 

Who are the Koch Brothers? Charles and David Koch own Koch Industries, the second-largest privately run business in America— among other things, the Koch brothers control 4000 miles of pipeline, they own oil refineries in Texas, Alaska, and Minnesota. The Koch brothers net worth increased by $12 billion last year bringing their total net worth to $80 billion…they don’t want to pay taxes, and they don’t want you to have health insurance.

Let’s not forget Trump’s benefactor Robert Mercer, he doesn’t like to pay taxes either, and he has an ongoing six billion dollar dispute with the IRS.

Republicans want to keep control of the House in 2018, so they’re offering up what they say is “tax cuts for everybody.” In reality, this tax cut is for corporate giants and billionaires, like the Koch brothers, and Robert Mercer, many of whom, with all the added loopholes, will end up paying no Federal taxes. 

Paul Ryan promises the middle class will see “significant tax cuts.” As we learned when we read Paul Ryan’s healthcare plan— Paul Ryan is a liar. This tax code is the counterpart to his healthcare plan. 

What we can expect with this tax plan— regardless of what Paul Ryan says, many middle class families will see an increase in their taxes, for example, standard deduction families take for each child will be capped. A family with three children will pay more. Small businesses will not benefit from the special deductions designed for the big guys either.

Remember the presidential debates when Clinton accused Trump of not paying taxes for the past twenty years? His response was “That makes me smart.” 

Trump has demonstrated, on a daily basis, he isn’t the smartest guy in any room he occupies…by any stretch of the imagination. He can’t string a simple sentence together that would get past a third grade teacher without red slashes and circles. He is in fact, like his oil friend Secretary of State Rex Tillerson says, a f*c*ing moron. (Not my words🤐.) You don’t have to be smart to hire an accountant who knows how to work a system set up to work in your favor.

Tax laws are already rigged for the wealthy and for corporate America, and this new GOP tax code adds 4 trillion dollars to the deficit and cuts funding to Medicare and Medicaid

“We have a once in a lifetime opportunity to replace America’s failing tax codes,” ~Senate Majority Leader Mitch McConnell 

We are supposed to believe Mitch McConnell, the co-creator (along with Paul Ryan,) of the American Healtc Care Act? I don’t think so. 

This new tax plan adds 4 trillion to the deficit, and still cuts Medicare and Medicaid funding. How is that possible? It is possible because billionaires will receive a get out of taxes free card. 

With this rewritten GOP tax law, richest Americans pay lower tax rates than middle class families. 

“This nasty and backwards budget greenlights cuts to Medicare and Medicaid in order to give a tax break to big corporations and the wealthiest Americans,” ~ Senate Minority Leader Chuck Schumer, D-N.Y.

Trump promised to eliminate tax credits and deductions for large corporations who hide money in the Cayman Islands, and for “smart” billionaires to take deductions. 

This tax bill is choc-full-o loopholes for billionaires. It will help multinationals ship jobs overseas, and corporate giants will still be allowed to hide money in the Cayman Islands.

Meanwhile small businesses pay in full.

Again, this plan ADDS 4 TRILLION to the deficit, yet cuts funding for Medicare and Medicaid.

It is time to fight back…AGAIN.

_______________________

<a href=”https://dailypost.wordpress.com/prompts/expect/”>Expect</a&gt;