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bdamomma

(63,799 posts)
Fri Nov 1, 2019, 02:50 PM Nov 2019

ARTICLE GOP Tax Scam 2.0': Warnings as Trump pushes another round of tax cuts

https://www.alternet.org/2019/11/gop-tax-scam-2-0-warnings-as-trump-pushes-another-round-of-tax-cuts-ahead-of-presidential-election/?utm_source=&utm_medium=email&utm_campaign=2862&recip_id=21760&list_id=2

Snip of article:

Sparking warnings that the Republican Party is preparing another massive gift for the rich and corporations, the Washington Post reported Thursday that President Donald Trump is “agitating to announce a new tax cut proposal heading into the 2020 election.”

According to the Post, the tax cut discussions are being led by National Economic Council director Larry Kudlow, a “Wall Street cheerleader” and fervent believer in the discredited idea of trickle-down economics.

“The early-stage discussions reflect Trump’s desire to refocus the economic narrative amid some signs of a slowing economy,” the Post reported.

Fight for $15 tweeted in response to the Post‘s story that “Trump gave away over a trillion dollars in tax cuts to corporations and billionaires and economic growth slowed to a putter.”

“But they’re hoping to rob as much as they can from the state coffers while they have the chance,” the group tweeted, adding the hashtag #GOPTaxScam 2.0.





They will keep on taking for themselves and fuck everyone else. McConnell just loves this. They are only thinking about their own wealth and power, and all of us be damned. VOTE HIM OUT.
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ARTICLE GOP Tax Scam 2.0': Warnings as Trump pushes another round of tax cuts (Original Post) bdamomma Nov 2019 OP
and another caravan from Mexico should be getting her around October of 2020 world wide wally Nov 2019 #1
Indeed gratuitous Nov 2019 #4
Prelude to a shutdown? eleny Nov 2019 #2
How do they plan on getting it passed in the House? Rstrstx Nov 2019 #3

gratuitous

(82,849 posts)
4. Indeed
Fri Nov 1, 2019, 04:36 PM
Nov 2019

I wonder whatever happened to that tax cut Trump was promising in the days before the 2018 election? Oh, it was going to be big, everyone would benefit, and all that "blue wave" nonsense could just stop.

I googled "2018 trump talks up tax cut before election." A gratifying slate of stories, some straight reporting that Trump was promising a tax cut, but several more saying that any talk of a tax cut before the election was a steaming pile of Trump.

Naturally, in the year since then, the media haven't been reporting Trump's bogus promise. So maybe the administration is thinking that people have totally forgotten how Trump tried to game the election and deceive the citizenry in 2018? Wrong.

Rstrstx

(1,399 posts)
3. How do they plan on getting it passed in the House?
Fri Nov 1, 2019, 04:23 PM
Nov 2019

Sounds like they want to use it as a wedge issue, which would be difficult if it's only for the 1%.

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