Current Events > Tax Bill considered "death to democrats" by conservative economist.

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_OujiDoza_
12/05/17 4:26:32 PM
#1:


https://t.co/x5iTojB2cj

nmOI4YK

Some of the biggest losers under the Republican tax overhaul include upper-middle class families in high-tax areas like New York City, graduate students, government workers and public school teachers.

The one thing they have in common? Theyre mostly Democrats.

President Donald Trump and GOP leaders have promised that the two main goals of a tax code revamp are to benefit middle-class families and to slash the corporate tax rate. But paying for those changes has come in large part at the expense of breaks that are important to residents of high-tax states, which tend to be Democratic.

Benefits used by universities and graduate students are also on the chopping block. And the repeal of the Obamacare individual mandate to buy insurance -- a centerpiece of Democrats biggest achievement in a generation -- is estimated to generate some $300 billion to pay for tax cuts.

Its death to Democrats, said conservative economist Stephen Moore, who advised Trumps campaign on tax policy.

They go after state and local taxes, which weakens public employee unions. They go after university endowments, and universities have become play pens of the left. And getting rid of the mandate is to eventually dismantle Obamacare, Moore said in an interview, arguing that it would accelerate a death spiral in the health-care laws marketplaces.

The tax overhaul represents the GOP-controlled Congresss best chance for a policy win this year and looms large in the 2018 congressional elections. Not a single Democrat voted for either the House or the Senate bill. No Democratic amendments were approved in committee or on the floor of either chamber and the final House-Senate joint product is all but guaranteed to come from Republicans-only negotiations.

Ideological Trophies

The people who are going get the most whacked by this are wealthy and upper-middle class people who live in big cities, said John Feehery, a GOP lobbyist and former communicator for House leadership. In other words, Democrats.

I dont think theres a conspiracy to go attack Democratic districts. But thats how the legislative process works -- if youre not going to participate in a game youre going to lose, he said. You need the revenue, and those constituencies are not really being represented because their representatives refused to participate.

Democratic lawmakers say they were shut out of a rushed process, with scant time to review last-minute changes. In a tweet shared more than 150,000 times, Montana Democratic Senator Jon Tester posted a video of himself describing his party as blindsided by the almost 500-pages of legislation provided by Republicans on Friday evening just hours before the bill passed.

This is just one big set of ideological trophies, Senator Ron Wyden, the top Democrat on the tax-writing Finance Committee, said after the vote.

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_OujiDoza_
12/05/17 4:26:50 PM
#2:


SALT Deductions

One of the most controversial measures in the House and Senate tax plans calls for repealing state and local tax deductions -- save for a $10,000 cap for property tax deductions. The benefit is most important for residents of high-tax states.

Conservatives say they hope the change will mean lower state taxes and smaller governments. One hopefully positive result of this legislation will be that state and local officials will be less eager to jack up the taxes on hard working Americans, Senator Ted Cruz of Texas said after the bill passed. He mentioned California, New Jersey and New York explicitly.

Democratic governors in those SALT-dependent states were furious about the provision -- New Yorks Andrew Cuomo called it political retaliation through the tax code.

In addition to hitting certain middle-class and upper-middle class families, the removal of the state and local tax break could hurt public sector jobs and programs. State and local deductions ease the burden of state taxes -- without the breaks, the taxes are politically harder to impose and maintain. Public employee unions, a robust Democratic constituency, rely on state taxpayers for jobs and pensions.

This is going to be a direct hit on us, said Peter MacKinnon, president of the Massachusetts-based SEIU Local 509.

For some Republicans, the union anger is a feature of the plan, not a bug. Given the high cost of unionized government employees in states like Illinois, the fact that government employee unions oppose reforms makes the need for them all the more clear, said Michael Steel, who served as a spokesman for former House Speaker John Boehner.

Policy Not Partisanship

House Ways and Means Chairman Kevin Brady says theres no effort to target Democrats, and the revenue offsets are about lowering rates for all Americans.

Chairman Brady has met repeatedly with Democrats in Congress and also union leaders and members about pro-growth tax reform. He always welcomed their ideas and their consideration during this process, Emily Schillinger, a spokeswoman for Brady, said in an email. "On SALT, the chairman has also said that he is working to lower taxes for Americans -- regardless of which state they live in. This tax reform issue is about policy -- not partisanship."

Several provisions in the tax bills could affect educational institutions. The plans call for a new levy of 1.4 percent on colleges annual investment income. Under the House version of the bill, U.S. schools with funds of more than $250,000 per student would be affected, but the Senate proposal raised that to $500,000.

A Cruz amendment added to the bill late would allow tax-advantaged contributions to 529 plans for private education and home-schooling expenses for K-12. The move could hurt public schools, according to the National Education Association, a teachers group that tends to back Democrats.

Expanding education tax loopholes in order for wealthy families to stash away money for religious school will hurt neighborhood public schools and students, said Lily Eskelsen Garca, NEA president.

Other measures in the House bill would eliminate deductions for student loans, treat graduate tuition waivers as taxable income, and prevent deductions for classroom expenses by public school teachers.

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_OujiDoza_
12/05/17 4:27:33 PM
#3:


Conservatives Win

Its not deliberate targeting so much as the people who are likely to vote for the bill arent going to the mat" for issues like SALT or public sector jobs and schools, said Rohit Kumar, a former deputy chief of staff to Senate Majority Leader Mitch McConnell who now oversees tax policy for Pricewaterhousecoopers LLP. So it becomes the path of least resistance.

Julia Lawless, a spokeswoman for Senate Finance Chairman Orrin Hatch, said Democrats had ample opportunity to offer input, file amendments and work to help shape the final product.

While Democrats are poised to lose, conservatives have been bolstered by some of the tax plans changes.

The Senate bill opens up the Arctic National Wildlife Refuge to drilling, something Senator Lisa Murkowski had pushed for and environmentalists have been battling for years. The House legislation repeals the 1954 Johnson amendment that prohibits tax-exempt nonprofits like churches from supporting or opposing political candidates -- a move welcomed by evangelicals.

The House bill also grants 529 tax breaks for parents of unborn children, a provision that reproductive-rights advocates fear will threaten legal abortion.

Reagan, Bush Cuts

The last major tax cuts -- in the 1980s under Ronald Reagan and early 2000s under George W. Bush -- were approved with bipartisan support. Until the ACA, which extended coverage to millions of Americans by imposing higher taxes on wealthy people and health industry groups, major legislation was often done with the backing of both parties.

Whatever their motives may be for particular provisions, Republicans are well-aware of their effects, said William Galston, a senior fellow in governance studies at the Brookings Institution.

One of the definitions of justice offered in Platos Republic is doing good to your friends and harm to your enemies, Galston said. I think its fair to say the Republican leadership takes that definition of justice very seriously.

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chill02
12/05/17 4:27:37 PM
#4:


tl;dr take that liberals
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Doom_Art
12/05/17 4:27:52 PM
#5:


Absolutely disgraceful
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K181
12/05/17 4:27:56 PM
#6:


Haha, that fire I started gave you third degree burns over 90% of your body and only 80% of my body. Sucks to be you.
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tremain07
12/05/17 4:28:05 PM
#7:


What the fuck is happening in this country? It's like the beginning of a dictatorship
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John_Galt
12/05/17 4:29:03 PM
#8:


Crush your enemies
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_OujiDoza_
12/05/17 4:30:45 PM
#9:


tremain07 posted...
What the fuck is happening in this country? It's like the beginning of a dictatorship

They don't even try to disguise their agenda anymore because they know the majority of Americans are legit just too stupid to question or even care enough to stop them.
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Miz_iZ_AwSOme_X
12/05/17 4:33:00 PM
#10:


lol Donald Trump's America in 2017. let's ruin millions of lives so we can hurt those damned liberals! while these conservative trolls who voted for this jackass will also suffer the same damn fate.

good work America. and God speed. I'm moving to japan.
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Damn_Underscore
12/05/17 4:33:41 PM
#11:


So do liberals like taxes or not?
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tremain07
12/05/17 4:35:25 PM
#12:


_OujiDoza_ posted...
tremain07 posted...
What the fuck is happening in this country? It's like the beginning of a dictatorship

They don't even try to disguise their agenda anymore because they know the majority of Americans are legit just too stupid to question or even care enough to stop them.

It's insane, they're actively trying to stamp Democrat supporters by making them too poor and stupid to vote, combine that with Devo's bullshit and it really seems like they just want the wealthy to prosper into family dynasties and royalty.
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I got nothing
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#13
Post #13 was unavailable or deleted.
southcoast09
12/05/17 4:37:29 PM
#14:


Trump did say that we'd get tired of winning... Im still up for another seven years of nonstop victory, though.
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_OujiDoza_
12/05/17 4:37:52 PM
#15:


Spooking posted...
since they're the ones paying for everything.


Imagine actually believing this.
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Mal_Fet
12/05/17 4:47:54 PM
#16:


_OujiDoza_ posted...
Spooking posted...
since they're the ones paying for everything.


Imagine actually believing this.

https://www.wsj.com/articles/top-20-of-earners-pay-84-of-income-tax-1428674384
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Duncanwii
12/05/17 4:49:57 PM
#17:


The worst part is Conservatives control the military so not even an uprising will work.
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_OujiDoza_
12/05/17 4:50:43 PM
#18:


Mal_Fet posted...
_OujiDoza_ posted...
Spooking posted...
since they're the ones paying for everything.


Imagine actually believing this.

https://www.wsj.com/articles/top-20-of-earners-pay-84-of-income-tax-1428674384

Hmmmm....
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Questionmarktarius
12/05/17 4:53:37 PM
#19:


Illinois is going to get fucked hard, if the local-taxes deduction gets killed.
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Darkman124
12/05/17 4:54:19 PM
#20:


John_Galt posted...
Crush your enemies


indeed. the tone is set.
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DragonGirlYuki
12/05/17 4:55:45 PM
#21:


Moving to small government is a good thing and cutting down on union waste too.
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Axiom
12/05/17 4:55:51 PM
#22:


So the country gets fucked so they can fuck the democrats. Wow
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#23
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FLUFFYGERM
12/05/17 4:57:24 PM
#24:


John_Galt posted...
Crush your enemies

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AmericaTheBrave
12/05/17 4:58:45 PM
#25:


FLUFFYGERM posted...
John_Galt posted...
Crush your enemies


So the complete and utter destruction of liberalism and Democrats is your goal. Thanks for confirming that.
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Questionmarktarius
12/05/17 4:59:59 PM
#26:


AmericaTheBrave posted...
FLUFFYGERM posted...
John_Galt posted...
Crush your enemies


So the complete and utter destruction of liberalism and Democrats is your goal. Thanks for confirming that.

Well... we've already heard the lamentations of their women.
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A_Good_Boy
12/05/17 5:01:27 PM
#27:


Questionmarktarius posted...
AmericaTheBrave posted...
FLUFFYGERM posted...
John_Galt posted...
Crush your enemies


So the complete and utter destruction of liberalism and Democrats is your goal. Thanks for confirming that.

Well... we've already heard the lamentations of their women.

We've heard the lamentations of conservative women as well... well, liberals have at least.
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Damn_Underscore
12/05/17 5:02:54 PM
#28:


What is wrong with getting rid of tax cuts for state and local taxes?

If states charge too much in taxes, they will have to reconsider how much they charge.
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Darkman124
12/05/17 5:03:39 PM
#29:


Damn_Underscore posted...
What is wrong with getting rid of tax cuts for state and local taxes?

"double taxation is wrong!"
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Questionmarktarius
12/05/17 5:04:26 PM
#30:


Damn_Underscore posted...
What is wrong with getting rid of tax cuts for state and local taxes?

Nothing. It never should have existed anyway.
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Makeveli_lives
12/05/17 5:09:09 PM
#31:


Spooking posted...
Maybe one should stop bashing the rich all the time since they're the ones paying for everything.

Bruh, are you not familiar with deductions? The rich are in a position to take advantage of the absolute most tax breaks out of any group in this country.
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Duncanwii
12/05/17 5:09:54 PM
#32:


CrimsonRage posted...
Duncanwii posted...
The worst part is Conservatives control the military so not even an uprising will work.


Can't have a military without soldiers and I doubt they'd all be united if it came to that.

The few soldiers who'd be on the fence won't put their livelihood and freedom on the line (since they would certainly be discharged and thrown in prison for desertion) to make a statement. We are screwed if that and martial law is declared.
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FLUFFYGERM
12/05/17 5:12:14 PM
#33:


Damn_Underscore posted...
What is wrong with getting rid of tax cuts for state and local taxes?

If states charge too much in taxes, they will have to reconsider how much they charge.


Nothing at all. Time for people to feel the full burden of their taxes, rather than have others subsidize them.
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Zeeak4444
12/05/17 5:13:06 PM
#34:


FLUFFYGERM posted...
Damn_Underscore posted...
What is wrong with getting rid of tax cuts for state and local taxes?

If states charge too much in taxes, they will have to reconsider how much they charge.


Nothing at all. Time for people to feel the full burden of their taxes, rather than have others subsidize them.


What a stupid statement but then again it is Proud we're talking about.
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Inferno Dive Dragoon
12/05/17 5:32:12 PM
#35:


And yet if I suggest a call for a civil war or revolution, to oust the American aristocracy, I'll be told I'm a fool and end up in Purgatory again.
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DragonGirlYuki
12/05/17 5:40:22 PM
#36:


You got a 5000 karma alt though.
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Duncanwii
12/05/17 5:41:24 PM
#37:


Inferno Dive Dragoon posted...
And yet if I suggest a call for a civil war or revolution, to oust the American aristocracy, I'll be told I'm a fool and end up in Purgatory again.

It wouldn't work anyway since an overwhelmingly large number of soldiers are Republican and won't fight Trump.
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Questionmarktarius
12/05/17 5:41:49 PM
#38:


Inferno Dive Dragoon posted...
And yet if I suggest a call for a civil war or revolution, to oust the American aristocracy, I'll be told I'm a fool and end up in Purgatory again.

The French Revolution did lead to Napoleon. The Russian Revolution ended up even worse.
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emblem boy
12/05/17 5:45:18 PM
#39:


Darkman124 posted...
Damn_Underscore posted...
What is wrong with getting rid of tax cuts for state and local taxes?

"double taxation is wrong!"


Are you saying a state tax could be considered double taxation? I don't think I'd agree with that.
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CarlGrimes
12/05/17 5:54:13 PM
#40:


Duncanwii posted...
The few soldiers who'd be on the fence won't put their livelihood and freedom on the line (since they would certainly be discharged and thrown in prison for desertion) to make a statement.

Remember when Redcoat George Washington stayed loyal to the British?

During the Revolution and Civil War there were plenty of soldiers that joined the rebellion. Why would that suddenly change now and every soldier becomes 100% loyal?
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creativerealms
12/05/17 6:08:41 PM
#41:


chill02 posted...
tl;dr take that liberals
Thing is we should be working together. You are not making your country stronger when you are screwing over half the people who live there.
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CADE FOSTER
12/05/17 6:11:54 PM
#42:


Conservatives are traitors but turn about is fair play gonna be fun in four years
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Tmaster148
12/05/17 6:13:10 PM
#43:


CADE FOSTER posted...
Conservatives are traitors but turn about is fair play gonna be fun in four years


Idk. Economy will likely crash if the tax cuts do pass through the house and it'll likely happen as the democrat president steps in so they'll just blame them and we repeat Bush/Obama all over again.
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Omega Hunter
12/05/17 6:21:09 PM
#44:


George Washington said that political parties would destroy this country. He was right and you are seeing the beginning of it. Everyone cares more about their team then their country and their team is Rs or
Ds. This system makes half the country your enemy its disgusting.
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Inferno Dive Dragoon
12/05/17 6:22:01 PM
#45:


DragonGirlYuki posted...
You got a 5000 karma alt though.


Doesn't mean I enjoy being locked out of one of my accounts.

Moreso than that though, I don't enjoy being caught in this pissing match between the left and right. I'm of the lower class and politically unaffiliated, so admittedly I don't put much trust in yuppie-ass Democrats to not screw me over if they were in charge. Hell, even assuming a war broke out, I'd rather they stayed on their side of the trench and I stayed on mine even if we're gunning for the same target.

Besides, I'm a white cis man, liberals think I'm icky and don't want me near them anyway.
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Doom_Art
12/05/17 6:22:47 PM
#46:


Omega Hunter posted...
George Washington said that political parties would destroy this country. He was right and you are seeing the beginning of it. Everyone cares more about their team then their country and their team is Rs or
Ds. This system makes half the country your enemy its disgusting.

Gee Iunno you don't see Dems intentionally pursuing policies to fuck over Republican districts.

Seems like one side is very much more the problem here.
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Tmaster148
12/05/17 6:26:46 PM
#47:


Omega Hunter posted...
George Washington said that political parties would destroy this country. He was right and you are seeing the beginning of it. Everyone cares more about their team then their country and their team is Rs or
Ds. This system makes half the country your enemy its disgusting.


Let's not forget that the founding fathers did design the EC system which has largely remained unchanged and is a big factor in why a two party system exists the way it does in the US.

Although I don't think they intended it to work out the way it did.
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Dragonblade01
12/05/17 6:29:39 PM
#48:


At this point, a part of me hopes that Trump fucks something up so colossal that the party system as we know it gets tossed out.

But the size that the fuck up would have to be is just as terrifying.
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Tmaster148
12/05/17 6:31:40 PM
#49:


Dragonblade01 posted...
At this point, a part of me hopes that Trump fucks something up so colossal that the party system as we know it gets tossed out.

But the size that the fuck up would have to be is just as terrifying.


It won't, because at worse Trump will destroy the GOP and another right wing party(that may even be more insane who knows) will replace them. Two party system is fundamental in how our voting system currently works and neither side will do anything, because when they have the power to do so they don't want to mess with the thing that they used to win.
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CADE FOSTER
12/05/17 9:59:06 PM
#50:


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