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LetMyPeopleVote

(145,481 posts)
Wed Jun 1, 2022, 10:00 AM Jun 2022

Manchin's complaints about GOP tax cuts were true, but incomplete

Manchin does a decent job attacking the GOP/TFG tax cuts



https://www.msnbc.com/rachel-maddow-show/maddowblog/manchins-complaints-gop-tax-cuts-true-incomplete-rcna30249?cid=sm_npd_ms_tw_ma

It’s no secret that Sen. Joe Manchin is Congress’ most conservative Democrat, but for all the talk about the senator effectively being a Republican, we’re occasionally reminded that when it comes to the GOP’s biggest issue, the West Virginian is not on the same page as his Republican colleagues.

Politico reported yesterday on “a fiery back and forth” between Manchin and Republican Sen. Roger Wicker during an event at the World Economic Forum in Davos.

Sen. Roger Wicker (R-Miss.) said protecting the 2017 law that revamped the nation’s tax code — along with maintaining the filibuster and boosting defense spending — would be core facets of the GOP agenda if they regain control of the Senate following the midterms. Manchin clapped back: “The cuts of 2017 was the only thing that every Democrat agreed was weighted unfairly — right, wrong or indifferent, that was our impression.”

According to the report, the Mississippi Republican responded, “You’ve just heard it: If Democrats continue in government, they’re likely to chip away at the most successful tax cut the United States has ever seen.”......
As for the tax breaks’ regressive nature, Manchin need not have stressed Democratic “impressions”: The 2017 package of tax breaks for the wealthy and large corporations mostly benefited the wealthy and large corporations.

Five years later, it’s a problem that Republicans can’t admit they were wrong about a costly mistake, but it’s just as big a problem that GOP policymakers are doubling down on their failure.
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Manchin's complaints about GOP tax cuts were true, but incomplete (Original Post) LetMyPeopleVote Jun 2022 OP
The tax cuts go away for most in 2025. jimfields33 Jun 2022 #1
And they'll blame it on the dems & the media will let them. -nt CrispyQ Jun 2022 #2

jimfields33

(15,908 posts)
1. The tax cuts go away for most in 2025.
Wed Jun 1, 2022, 10:29 AM
Jun 2022

Unfortunately the Rich keep theirs. Back to 6K standard deduction instead of the current 12K. Unless fixed, a ton of the population will see their taxes raised.

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