Democrats are really hoping for a blue wave this November. That way, they can make a bigger fuss about President Trump’s tax cuts, which have put MORE money in the pockets of Americans. I know it has for me. From what I can tell, I’ll save a pretty penny this tax season, and that goes a LONG way.
It’s not “crumbs,” Pelosi. Sorry you’re so disconnected from the average American.
If Democrats ever gain back control, they WILL try to implement tax hikes. Just ask Sen. Elizabeth Warren. It’s basically her dream.
Check out this Q&A, via CNBC.
Q: If Democrats take the Congress, if you’re in the White House, or both, would you like to see these corporate tax cuts repealed?
A: Yeah, I really want to see them rolled back.
Q: Back to 35 percent?
A: Well, it’s not about the number. Here’s how I look at budgets and taxes are at the heart of this. A lot of people think they’re just numbers; they’re not. They are the expression of our values. The values of the Republican Party that passed those tax cuts are to give $1.5 trillion away to the richest Americans and the biggest corporations, and let everybody else pick up the crumbs.
I think the right way to think about this is that we need a budget, we need a tax bill that works for all of us. So what I’d like to see is I’d like to see us strengthen America’s middle class.
Um, it absolutely IS about the number, you flaming moron.
Also, thousands of dollars aren’t “crumbs.”
Q: What’s too high for the top personal rate?
A: It’s not about a number. That’s what negotiations are all about.
Notice how Democrats will NEVER say what’s “too much.” Wanna know why? Because if they actually said what they believed, everyone– even moderates– would run for the hills.
Q: Is 50 percent obviously too high?
A: That’s why you sit down and you negotiate over the numbers.
Notice that she didn’t say, “Yes. WAAYYYYY to high.”
Q: When George W. Bush was president, his team articulated the view that it was a matter of right and wrong that you shouldn’t have more than a third of your income taken. Do you feel similarly that it’s wrong for more than half of somebody’s marginal income to be taken?
A: Look, there was a time in a very prosperous America — an America that was growing a middle class, an America in which working families were doing better generation after generation after generation — where the top marginal rate was well above 50 percent.
Q: Ninety percent.
A: That’s exactly right. But for me, the heart of the question is that you’ve got to ask, “What constitutes a fair share in this economy?” It depends in part on what the economy is.
Q: It doesn’t strike you as obviously, “no, 90 percent, that’s ridiculous. Can’t be that”?
A: Ninety percent, yes; 90 percent sounds pretty shockingly high. But what I’m trying to get at is this is not about negotiating over specific numbers. It’s not about negotiating before you go into the negotiations.
Notice again that she didn’t say,” NEVER 90%. That’s atrocious. That’s THEFT!” She simply said it sounds “pretty shockingly high.” But does she personally think it’s too much? No. I don’t think she does. She’s just trying to hide her true feelings by spouting that “it’s not about numbers” crap.
No, Warren. It absolutely IS about numbers. Average Americans CARE ABOUT NUMBERS. We want to keep more of our own money.
Tax cuts work. They boost consumer confidence, and it creates a domino effect. We keep more of our own money, we buy more, invest more and take more risks. In turn, we (and by “we” I mean both individuals and private businesses) generate even MORE revenue and because of that, the government ends up getting MORE from us.
It’s happened in the past. It’s called Reaganomics. Look it up, Lizzy.