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Related: About this forumWOW! Chuck Todd called out Republican failure on the infrastructure bill. The tax cut was a failure
Chuck Todd challenged Sen. Roger Wicker on Republican policy failures, including a tax cut that did not work, while GOP opposes the infrastructure bill.
https://egbertowillies.com/2021/04/04/wow-chuck-todd-called-out-republican-failure-on-the-infrastructure-bill-the-tax-cut-was-a-failure/
Hortensis
(58,785 posts)It succeeded in that big time. I didn't listen, but it sounds like Chuck Todd is up to his usual Republican-serving tricks, suggesting they meant the tax heist to fill the treasury instead of empty it.
WHITT
(2,868 posts)But then he had to reach to some obscure Cali poll about taxes, which has nothing to do with what Biden proposed.
The reality is the infrastructure part of the proposed legislation is popular, but when raising taxes on the Rich & Corporate is added, the polling takes off like a Saturn moon rocket.
multigraincracker
(32,736 posts)I'd make him explain the increase in income disparity between the very rich and the very poor as well as the middle class.
Break up the corps. and stop or make it illegal for them to buy back stocks. Economic growth after 1947 shows that there is no correlation between corporate income tax rates and growth.
LakeArenal
(28,861 posts)For whom was it working?
Stock market. Rich people.
Meanwhile cutting social programs to the bone. Not creating well paying jobs.
Ruining public education. Taking food stamps from the needy.
I really hate them. Thats a sad state of being.
DAngelo136
(265 posts)These people who speak on the Sunday news shows are NOT economists.
Nowhere is any data that correlates the raising of tax rates to job losses. Zero, zip, nada.
Not even their own "conservative" economists who cherry pick data can back those assertions.
Which is why, Chuck Todd's pushback was key here; it exposes the lie of Republican "voodoo economic" policy
and the premise that it's based on.
In fact, all of their economic theories are based on fakery and shills. And I am including von Mises, Hayek and Buchanan.
"Buchanan?" you say. Who's he?
Glad you asked.
Here's who he is and what he means to Republican economic policy:
And here he is explaining his radical economic theories:
Economists are NOT political theorists nor philosophers. Any time any one of them wanders from it you MUST push back, HARD. Especially, the right wingers.