Trump, House Republicans to talk tax cuts at White House

[Snellius]

Source: Reuters

Trump and congressional Republicans have hailed the deep tax cuts passed in December as critical to U.S. economic growth, though Democrats have called them a giveaway to corporations and the wealthy that will run up deficits for years to come.

Ways and Means Republicans are pursuing a legislative package, dubbed “tax reform 2.0,” that would make permanent $1.1 trillion in tax cuts for individuals, families and private businesses that were approved on a temporary basis in December. Those cuts are set to expire in 2025.

Trump has also said he is considering cutting the U.S. corporate income tax rate to 20 percent from 21 percent.

The new House legislation is seen as an attempt to appeal to Republican voters ahead of the Nov. 6 mid-term election in which Democrats are seeking to seize control of Congress from Trump’s party. Many Republican House incumbents are on the defensive against Democrats.

Read more: https://www.reuters.com/article/us-usa-trump-lawmakers/trump-house-republicans-to-talk-tax-cuts-at-white-house-idUSKBN1K72AN

[Dave Starsky]

1. Tax Cuts: The Solution to Everything

People not buying enough? Tax cuts.
Stock market falling? Tax cuts.
Inflation out of control? Tax cuts.
Gas too expensive? Tax cuts.
Groceries too expensive? Tax cuts.
Unemployment too high? Tax cuts.

Seems like we've been using tax cuts as a solution for everything for a while, and it flat out doesn't work.

[sandensea]

5. They do wonders for your economy - if you're a Caribbean laundromat.

The Cayman Islands' infamous Ugland House - home to almost 20,000 corporations.

[Dave Starsky]

6. And there you have it.

That is where the money goes.

[sandensea]

7. No wonder Paulie Singer dropped out of the NeverTrump train.

Those tax cuts practically saved his Caymans laundry, NML, from insolvency.

Well, that and the Argentine taxpayers.

[turbinetree]

2. Not happening assholes..............you are enabling a traitor and you are traitors for letting him

get away with being a traitor.......................TICK TOCK MOTHER FUCKERS


https://www.democraticunderground.com/10142111540

[duforsure]

3. More tax cuts for the wealthy and less for Medicaid , Medicare, and Social Security.

Absolutely will help retake both the House and the Senate. He's nuts if he thinks people will vote for them doing this now. Mine is ted cruz, and he has to go, he'll vote for anything for the wealthy , and nothing for health care.

[turbinetree]

8. Mine is one Andy Harris.............a doctor no less................

Solution:

https://jessecolvin.com/


&

https://benjealous.com/

[mahatmakanejeeves]

4. Back to business as usual. Let's let bygones be bygones. NT

[paleotn]

9. Yea, like the last one went over so well.

[lordsummerisle]

10. Please

please tell me this is from The Onion....

[GeorgeGist]

11. Trump has been remarkably successful ...

at BANKRUPTCY.

[Mc Mike]

12. Back to working on the repugs' 'important' issues.

Don't worry about putin taking the country over, repugs.

Maybe they can pass a special taxcut geared toward russkie oligarchs.

[Astraea]

13. fiscal conservatives my ass