MovieChat Forums > Politics > Adam Schiff got it right ...

Adam Schiff got it right ...


Republicans passed a $2 trillion tax cut for billionaires and corporations.
And now they’re refusing to pay for it.

Screw the US economy and buy the whole frickin country from under our feet, meanwhile no safety net or health care - forcing everyone to work for nothing. The Republican vision is evil incarnate.

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The Republican Party just wants to rule and not be subject to the same laws as the rest of us.

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Pure hysterics and hyperbole. The gov't wastes money like there's a never ending supply of it and Schiff is a first class piece of shit.


"forcing everyone to work for nothing"

Seriously? Who is forcing everyone to work for nothing? We can't get you worthless fucks to work at all.

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😆😆😆😆

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Republicans passed a $2 trillion tax cut for billionaires and corporations.
And now they’re refusing to pay for it.


Maybe wipe yourself off with some toilet paper and see who is what?

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Talk about hysterics. Your response was non-responsive. Almost satirical.

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The debt ceiling brinksmanship is a really bad strategy by the Republicans. They should implement their budget cutting when they have the authority to implement their agenda. The Republicans could gain seats if they focused on the border and crime BUT their debt ceiling hostage taking shows that they are incapable of governing. The Republicans are going to own a default since Trump publicly stated that he would rather default NOW rather than later.

https://www.cbpp.org/blog/5-reasons-house-republicans-should-stop-using-debt-ceiling-as-a-bargaining-chip

https://www.thedailybeast.com/how-trumps-call-for-debt-default-could-bite-gop-in-the-ass

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Yep ... he knows his GOP buds have default in store ....
screwing over the whole country, and then they can come in and buy it up from under our feet. The only invasion America has ever really faced, from treasonous Republicans dancing to the tunes of corrupt plutocrat globalists.

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FAKE

Biden’s false claim that no one but the rich got Trump’s tax cuts

https://www.washingtonpost.com/politics/2019/05/01/bidens-false-claim-that-no-one-rich-got-trumps-tax-cuts/

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True ... some people got tax cuts too ... but the huge bulk went to the billionaires.
That Right-wing nonsense is an lame attempt to lie based on superficial appearance.
Taxes in America and all Western democratic countries have always been progressive.
In America they are already almost a flat tax, especially when you count these tax cuts.

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There are rich democrats too.

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Mostly establishment Democrats. What is your point? It's not all Right-wing nuts? Maybe, possibly, but it is the Right-wing that has been mobilized to pull it all off.

Would you say that Right-wingers are against a Progressive tax? Seems to me that most of them are.

Most Left-wing comments and pundits I see are constantly railing for higher and more progressive taxes.

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You do realize that democrats and republicans equally get rich from the laws they pass. Congress pass over $8t in Stimulus and Bills in 2020 and 2021. Where did all that money go?

Congress is a gravy train of free money. They can even pass new bills to give themselves raises.

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Everybody I know paid less in taxes. You probably did too, if you even have a job.

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God you are thick in the brain ... working people get a couple hundred back or some small pittance, the super-rich get huge amounts ... like the amounts we are talking in the budget deficit. It's money the majority of them don't need, or even use, or miss, versus rent, food, medicine, childcare or kids needs.

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Sorry but that's just not true.

Not to mention that the people you're demonizing have been paying DOUBLE their "fair share" for 100yrs.

Money they don't need??? Who the fuck are you to say that? How fascist of you.

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Everybody who understands the tax cuts know this is true.

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You haven't the slightest clue what you're talking about.

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The Republican don't care about the debt - they want to lower taxes for their wealthy donors. If spending is cut to lower the deficit in order to get the debt ceiling raised, the Republicans will next push for more tax cuts that balloon the deficit again. It's what they have been doing for decades

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This country and her people mean nothing to the super-rich, and the Republican party are their army.

They have spies in the Democrats, but most of the fighting is done by Republicans.

They cut wages so tax base shrinks, the cut taxes for billionaires, and then they claim we are in default, crash the country like it has never been before, and take over by force.

The Right-wing are fascists on the order of the Nazi party in Germany, and they have the smartest, greediest, most vicious people working for them that hate America. Listen to them talk.

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You are obviously not paying attention. Big donors are at work in BOTH parties. You act like democrats are righteous in that regard but that's a total fallacy. Hell, all of congress is in the pocket of big pharma. George Soros a conservative? Hell no. THAT is the type of billionaire you should be afraid of.

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Democrats tax and spend. Republicans cut taxes (especially for the rich) and spend.

Tax cuts that fuel today's deficits translate into tax increases for future generations.

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Just what Schiff said:
Republicans passed a $2 trillion tax cut for billionaires and corporations.
And now they’re refusing to pay for it.

They gave $2 trillion dollars to billionaires and corporations.
They buy government bonds, raise interest rates and now we are paying them
interest on the money we gave them on top of it.

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Economics, it's a thing. Stop peddling lies.

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The Republicans want tax cuts for everyone who pays taxes. DemoKKKrats say they are raising taxes on the wealthy but in reality the corporations will just raise their prices so the middle and lower classes end up paying for it. The DemoKKKrats don’t give a good fuck about the middle and lower classes.

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Logic from someone who never had an economics class .... but who needs and economics class when your wired into the Right-wing echo chamber.

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Actually I have had an economics class and you don’t know what you’re talking about. When you raise taxes on the wealthy you are really raising taxes on the middle and lower income brackets. You know the people you claim to have a monopoly of compassion for. Educate yourself.

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That's the BS Republican view of economics that no economist subscribes to ... AKA Reaganomics. Pull your head out of ... the 80's, and wipe yourself off, you stink.

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Now you’re appealing to popularity which is a logical fallacy, numb nuts. And “NO ECONOMIST” subscribes to it. So now you have to cite every single economist in the world and determine that they all agree that lower taxes are bad. Good luck with that, dingleberry.

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Why do you always have to come back with a lame comeback showing what a puts you are. I guess you are modeling good Republican behavior for schmucks.

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LOL all I did was ask you to back up your own premise which you clearly cannot and now you’re trying to chickenshit your way out of admitting you lied.

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Why would corporations sell a good or service for a price lower than what the marketplace is willing to pay? Aside from constraint of trade?

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They dictate the prices, the marketplace has to pay them or be out of essential goods and services. The wealthy don't pay tax increases, middle and lower classes do.

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What if Coca Cola demanded tomorrow $6 each 12-ounce can?

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Look up "price schedule" ... the demand curve at a given price.

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If Coca-Cola along with all of the other corporations had their taxes hiked by Diaper Joe then they would probably raise their prices as well.

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If corporations can recover every cent of every type of tax they pay by raising prices, why would they object to paying higher income taxes?

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Because the idea is to keep prices low, low prices and low taxes help the economy. I'm sure they don't like raising their prices but in the end it hurts the middle and lower classes exponentially more than the wealthy. You know the people your cult claims to have a monopoly of compassion on.

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I heard you the first three times.

The price of any good or service will be whatever the market will bear. There ain't no such thing as altruism.

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Clearly you didn't because you still don't seem to be able to grasp basic economics.

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"They dictate the prices, the marketplace has to pay them or be out of essential goods and services."

Pick one stupid argument and stick to it.

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Ummm corporations literally decide how much they are going to charge, dingleberry. If they get tax hikes then to maintain their profits they have to raise their prices. Please tell me you’re trolling me, I can’t believe anyone could possibly be this stupid.

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The market is fluid and never really settles to
complete equilibrium - it is always in flux. People
have to pay whatever gas costs to get to work and
move around, but at a certain point it will take
down the economy.

Almost all the economics ever spoken about in the
media is simplified beyond the point of being relevant,
because the variables are so numerous there is not
mathematics complex enough to describe it.

There was a good radio show on taxation on the other
day talking about the Laffer curve, which was a
bullshit idea by Reagan ass-kisser Arthur Laffer
where he put together a framework for tax cuts based
on the idea that at 0% tax rate you get no revenue,
and at 100% tax rate you get no revenue, so somewhere
in the middle there is a sweet spot that maximizes
taxes.

JFK cut the high tax rates in the 90% rates because
they did not work, so Reagan tried using this logic
to cut taxes on the rich in the 80s. They ran computer
models that were cooked to try to justify a lower
tax rate, but all the models said that there would
be a revenue shortage. Reagan and his advisors then
cooked the model, FAKED IT, and told Congress that
the maximizing rate was much lower than the actual
model.

Result was massive deficits. They were liars back
then and they are liars now. Without the Bush and
Trump tax cuts there would be no problem with the
deficit because it would disappear over time as we
eventually paid it off. They want to keep those
deficits because it is a way of forcing Americans
when they pay taxes to pay private taxes to those
who have massive amounts of cash with nothing to
invest in. So they put it in government debt bonds
and you and I pay them interest on the money they
then spend for military, energy, pharma, etc.

It is completely rigged, and like the war in Ukraine,
it is a fake lie that people have accepted because
they don't know any better. And the solution to this
for the rich is to screw the media and cripple the
schools. Meanwhile China anreven Russia churn out
smarter more able citizens than the US. And we
complain we are losing in the world. Wake the F up.

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"JFK cut the high tax rates in the 90% rates"

When did this happen?

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The United States Revenue Act of 1964 (Pub. L. 88–272), also known as the Tax Reduction Act, was a tax cut act proposed by President John F. Kennedy, passed by the 88th United States Congress, and signed into law by President Lyndon B. Johnson. The act became law on February 26, 1964.

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Yes, the conservatives never talk about the side of the Laffer Curve where rates are too low. They only talk about the side when rates are too high and Mitt Romney's dividend checks are just going to stay in bed.

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It's total BS ... the mathematical modeling they did always showed that the tax rates were too low, but they did it anyway. It shows this country has been screwing over workers for 40 years, and explains why we are the worst off citizens in the Western world.

Also explains why the Right-wing had to take over the schools and the media to get stupid Americans to not question.

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