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JohnnyRingo

(18,696 posts)
Tue Mar 10, 2020, 06:11 PM Mar 2020

So now they want a payroll tax cut.

If it causes such economic wonders, why didn't they do it the first time? Instead, the working class was ignored to give cuts to the Mar a Lago class. Apparently you can't cut a tax base of zero.

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So now they want a payroll tax cut. (Original Post) JohnnyRingo Mar 2020 OP
tax cut pamdb Mar 2020 #1
I watched part of the presser mindem Mar 2020 #2
I started a similar thread saying the same thing, gab13by13 Mar 2020 #11
to spend on what? ibegurpard Mar 2020 #3
And trump wants to make it permanent spanone Mar 2020 #4
No problems, just put an equal tax on the top 1%. OnDoutside Mar 2020 #6
we know that won't happen spanone Mar 2020 #7
Exactly, but put it back to him. OnDoutside Mar 2020 #8
It will just add fuel to the argument for cutting Medicare and Social Security. kentuck Mar 2020 #5
Exactly, gab13by13 Mar 2020 #12
They are using the opportunity to break out the knives misanthrope Mar 2020 #14
Read Naomi Klein's Shock Doctrine malaise Mar 2020 #9
Yep. I thought there would be more posts on DU about how Klein's Dark n Stormy Knight Mar 2020 #16
Same here but there is so much going on malaise Mar 2020 #17
Electioneering for Dummies maxsolomon Mar 2020 #10
All they have to do is give people the choice, gab13by13 Mar 2020 #13
Tortoise and the Hare maxsolomon Mar 2020 #15

pamdb

(1,333 posts)
1. tax cut
Tue Mar 10, 2020, 06:13 PM
Mar 2020


If, god help us, the big orange pustule on the buttocks of humanity does get elected, I can bet that within a month he'll say, "sorry, we can't do that tax cut because, gee, we have
to pay for the coronavirus",

mindem

(1,580 posts)
2. I watched part of the presser
Tue Mar 10, 2020, 06:15 PM
Mar 2020

and it came out that Drumph wants to make the payroll tax cut permanent - in other words, gut Social Security. Kudlow's response was that we have a "bold" president. Any democrat that supports this needs to have their ass kicked.

gab13by13

(21,508 posts)
11. I started a similar thread saying the same thing,
Tue Mar 10, 2020, 07:00 PM
Mar 2020

Having 0 payroll taxes will cost 1+ trillion dollars. Someone tell me with a straight face that Republicans are going to pay back that 1+ trillion dollars from the general fund.

I will help you kick ass. Social Security works, giving it to Wall Street would certainly kill it.

kentuck

(111,111 posts)
5. It will just add fuel to the argument for cutting Medicare and Social Security.
Tue Mar 10, 2020, 06:18 PM
Mar 2020

That's where the money comes from.

gab13by13

(21,508 posts)
12. Exactly,
Tue Mar 10, 2020, 07:03 PM
Mar 2020

When president Obama did it he replaced the tax cut from the general fund. I watched the press conference and I heard no mention of replacing the money to Social Security or Medicare. The amount lost for having a 0 payroll tax is 1+ trillion dollars, no way Republicans are going to pay that back from the general fund.

misanthrope

(7,436 posts)
14. They are using the opportunity to break out the knives
Tue Mar 10, 2020, 07:17 PM
Mar 2020

and start hacking at the social safety net. They will spin anything as an excuse to further advance their dream of making the U.S. resemble lawless states like Somalia.

Dark n Stormy Knight

(9,776 posts)
16. Yep. I thought there would be more posts on DU about how Klein's
Tue Mar 17, 2020, 03:05 PM
Mar 2020

shock doctrine & disaster capitalism play into this.

These are the perfect conditions for governments and the global elite to implement political agendas that would otherwise be met with great opposition if we weren’t all so disoriented. This chain of events isn’t unique to the crisis sparked by the coronavirus; it’s the blueprint politicians and governments have been following for decades known as the “shock doctrine,” a term coined by activist and author Naomi Klein in a 2007 book of the same name.


The shock really is the virus itself. And it has been managed in a way that is maximizing confusion and minimizing protection. I don’t think that’s a conspiracy, that’s just the way the U.S. government and Trump have utterly mismanaged this crisis. Trump has so far treated this not as a public health crisis but as a crisis of perception, and a potential problem for his reelection
.
https://www.vice.com/en_us/article/5dmqyk/naomi-klein-interview-on-coronavirus-and-disaster-capitalism-shock-doctrine

maxsolomon

(33,473 posts)
10. Electioneering for Dummies
Tue Mar 10, 2020, 06:56 PM
Mar 2020

Now Dems have to be the big meanies who don't want to balloon the Deficit. No fun! I hate taxes! Waaa.

gab13by13

(21,508 posts)
13. All they have to do is give people the choice,
Tue Mar 10, 2020, 07:05 PM
Mar 2020

Do you want to have 500 - 600 extra dollars this year at the expense of losing Social Security and Medicare?

maxsolomon

(33,473 posts)
15. Tortoise and the Hare
Tue Mar 10, 2020, 07:32 PM
Mar 2020

I thought Repukes were super concerned with the Deficit and Debt, but that was just when a black guy was Presidenting.

They're only concerned with Trump now. They're his creatures.

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