How much is that estate tax cut going to benefit you? The one for heirs who inherit more than 5mm dollars?
Funny thing about the estate tax — — it’s even unpopular among poor people. It simply doesn’t sound FAIR to tax that dollar twice, or to penalize somebody who is inheriting money.
It’s going to skyrocket the debt, reminding the nation that the GOP is the party of fiscal irresponsibility — with an added bonus of shining the shoes of their 1% masters, not the working people, as it adds a trillion to the debt.
Although I would prefer we not raise the debt at all, let’s not be overly dramatic. Adding a trillion over 10 years increases the debt by only 20% over what is already baked in. Hardly “skyrocketing.”
You are practically doing the bidding of the 1% masters. They don’t create jobs when they invest their money in treasuries.
Two points there. ONE is that those 1% people (90% of that 1% are people who make a lot of money, but still work for a living) aren’t out of alignment with the rest of the the citizens. Except for that top 1/10th of 1%, if it benefits the 1%, it benefits the rest of us. The trick is to make that balance more in favor of the 99%, sure, but if you HURT that 1%, you’re going to hurting everyone.
TWO is that although you’re correct that an investment in T’s doesn’t create jobs, nobody really argued that it would this time around. The jobs creation part of the tax overhaul is in the corporate tax reform, not the individual.
This isn’t a jobs creation bill. You want that, you need a progressive President who cares about working class people.
We;ll see pigs flying first. “Progressive” and “cares about working class people” are mutually exclusive, since progressive policy suggestions would all damage the economy. There’s really only one way to help masses of working class people, and that’s plenty of good jobs paying good wages.
A paycheck is always better than a welfare check, after all.
I’m supposed to take it that it is good when we endure this humiliation of a president, making an incoherent spectacle on the national stage, so he and other billionaires can give their kids money for no work with no taxes.
Again, two things. ONE is that a presidency is an opus of work. Nobody bats a thousand. And although Mr. Trump has had his share of missteps, all in all, I am not disappointed in him in the least, and I’m certainly not “humiliated.”. I am more optimistic about America than I have been since the dot-com bust.
TWO is simply this: Why do you CARE how one tenth of one percent of the population passes down their money? That’s about 180,000 people, you understand. Sounds control-freakish to me.
Bunch of freeloading inheritors — getting inheritance money for no work, and paying no taxes on it — while the roads, the police, the military, and the schools are paid for by working class tax dollars.
You’re a little nuts, you know. That one-tenth of one percent that has you so enraged pays about 27% of all US income taxes, IIRC.
Is that the narrative which you bought?
I don’t do narratives. I study data and DESTROY narratives.