The GOP is counting on the trickle-down theory ...

[NanceGreggs]

... not in terms of American citizens reaping any benefits from giving billionaires tax breaks (which they know won’t happen), but in terms of their wealthy donors putting even more money into Republican campaigns in future.

But the same principle that results in failure for the citizenry applies to the Republicans’ hopes that they will be rewarded by a grateful monied class who, being made even richer by tax-cuts, will pour their increased profits into the coffers of the politicians who serve their interests.

Just as there is zero incentive for corporations to use their tax-breaks to expand their businesses and employ more American workers, there is zero incentive for wealthy donors to contribute more money to GOP politicians. They already know that Republicans will suck their dicks – so why pay more for a blow-job you know you’re going to get anyway?

There is also the fact that no matter how much money the rich-who-just-got-richer put into GOP campaigns, the voters who have had their taxes raised and their deductions eliminated will be unlikely to vote for the people who betrayed them – and all the money spent on dazzle-‘em-with-bullshit ads will fall on deaf ears.

The general consensus is that elected Republicans are “cashing out” now, ensuring their personal wealth has been assured by fellating the wealthy while lining their own pockets via the TaxScam bill they are celebrating tonight. Whether the corporations and wealthy Americans they’ve just enriched actually use their new-found riches to promote the Republican party is of no consequence to those who have now secured their personal fortunes, and could give a fuck less what happens to their party, or their country, when the shit hits the fan.

They’re sitting pretty, no matter what happens – and the American people being fucked is no longer of any concern.

[CentralMass]

1. Their definition of trickle down is pissing on our heads.

[RKP5637]

6. Trump had such a good time of it in Russia, he wants to share it. n/t

[CentralMass]

9. :-)

[applegrove]

2. Because corporations are bringing 2.5 Trillion back from international profits parked

overseas for years there will be a bigger bump to the economy than simple annual tax cuts. We should keep it in mind. That this repatriation of a decade of profits should not be seen in proving the trickle down rule.

[CentralMass]

10. That repatriated money isn't going to help our lot.

[applegrove]

11. 10 years of unrepatriated profits will bump the economy a little. We just need

to measure the bump and divide it by 10 to find out how annual tax cuts affect the economy.

[rzemanfl]

3. Finished second yet again Nance. K&R n/t

[NanceGreggs]

8. Psssst ...

We've got to stop meeting like this.

[Angry Dragon]

4. got this e-mail from Paul Ryan

Christmas is coming early for the American people.

Christmas is coming early for the American people.

Republicans made a promise to you that, if elected, we would pass historic tax reform, and put America back in the lead again. Today, Congress kept that promise by passing the Tax Cuts and Jobs Act. That means that a typical family of four making $73,000 will get a tax cut of $2,059 next year.

Big things like this cannot happen without an enormous team effort, and I want to thank President Trump and his administration for their help in getting historic tax reform across the finish line.

It's only been a few hours since the vote, and already, companies are announcing new investments and new raises for their employees.

AT&T is giving 200,000 employees a $1,000 bonus and investing $1 billion more in the U.S. economy.
Boeing is going to make a $300 million investment.
Wells Fargo and Fifth Third Bancorp are both hiking minimum wage pay to $15/hour.
Comcast just announced $1,000 bonuses to 100,000 non-executive employees.

This is only the beginning. Tomorrow at 11:30am ET, I will sign the Tax Cuts and Jobs Act and send it to the White House. Once the president signs it into law, American taxpayers will finally be able to keep more of their hard-earned money.

[NanceGreggs]

7. Paul Ryan is ...

... Eddie Haskell, had that character grown up to become a Republican politician.

"That's a lovely tax bill you've got there, Mr. Trump! I just can't stop admiring it!"

Recalling the photos he posed for when he was Romney's VP pick, I imagine he's banking on a gig with a boy-band as his next career move.

[RKP5637]

5. Kansas, the epicenter for trickle-down theory. Worked so great they're border bankrupt and a once

pleasant state has been systematically destroyed by Brownback and the Koch Brothers.

[DonCoquixote]

12. any wonder that Paul Ryan is talkign of leaving

We know he wants to take Koch Money and use it to become president. I dare say, as bad as trump is, he may very well be worse.

[BadgerKid]

13. Companies don't create jobs unless there's a market

and a reasonable shot at a profit. I think many Dems assume because companies have/get money that they ought to employee workers -- not gonna happen. If there were a mandate or program or simple expansion of a governmental services, that would create jobs. Since the Pubs are bent on shrinking goverment, this won't happen either.