6d ago

GOP Proposes $4.5 Trillion Tax Giveaway to the Rich While 'Ransacking' Food Stamps and Medicaid

www.commondreams.org GOP Proposes $4.5 Trillion Tax Giveaway to the Rich While 'Ransacking' Food Stamps and Medicaid | Common Dreams

"House Republican leadership put a giant bullseye on Medicaid, with the intent to strip Americans of their healthcare benefits to pay for tax cuts for billionaires and big corporations."

News @lemmy.world

return2ozma @lemmy.world

6d ago

GOP Proposes $4.5 Trillion Tax Giveaway to the Rich While 'Ransacking' Food Stamps and Medicaid

www.commondreams.org /news/house-budget-resolution

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MAGA will blame this on Democrats.
- It is on the Democrats, they are also on team kleptocrat. It's past time to wake up!
  
  Whatevs…. Democrats lost the election and Congress. It’s team fascists now. But sure, gripe about the people who very specifically didn’t do this shit.
  
  Dems lost due to their inability to rally the voters. 8 million stayed home because dems doubled down on their typical bullshit to protect their own status quo rather than fight for the working class. Failure to recognize this brought us here and until we can call it what it is were gonna stay here.
  
  I understood the dem line on things, yet i voted to not make things significantly worse.
  If only non-voters understood what they allowed.
  
  They will understand too late, as usual.
  
  The irony of people that have been letting the Democrats get away with complacency for decades being all "you'll find out..."
  They're an ineffective out of touch party because you keep letting them get away with "vote blue no matter who" as their only cohesive strategy.
  If you joined the left in pushing back on the Democrat ratchtet effect many elections ago, we wouldn't be here. The second best time is now.
  Keep voting blue no matter who. In 8 years when they parade the Trump family around in front of you as allies against the current Republican you'll be chastising us for not supporting Trump's party. It happened with Bush and Cheney.
  
  What an amazing thing to say to someone else. No arguments at all honestly. Maybe tell it to Greg Proops, he still likes Biden.
  
  Perhaps I misinterpreted your comment in this thread, I'm addressing the people that keep picking on voters that couldn't stomach voting for genocide or more of the same from the Democratic party. Liberals are making bigger enemies of leftists than they are of conservatives.
  
  Clearly that wasn't enough. So perhaps people should not be discouraged to beat the Democratic party into shape so that hopefully next time around they do more instead of less than enough. Because if the Democrats change nothing and win by default next time due to the Republican clown car running off the cliff, we're gonna be playing the same game again in the next-next election. And the ratchet clicks to the right a few more notches.
  
  Who is this we? Because you seem to get it. Most of Lemmy does. So the issue isn't we. Unless one is willing to primary their local democratic leader, there is little we can do other than rally others to vote and vote blue.
  However, most of what I see on Lemmy are people rallying against democratic leaders. It's doom and gloom. No real solutions.
  So we Lemmy users have our own issues to recognize and reconcile. Pointing the blame outward is one of them. Anyone pointing out this issue of ours tends to get downvote so we Lemmy users aren't ready to be part of the solution with no signs of that changing anytime soon
  
  I see it as griping about how they have proven time and again to not be the "good guys" people want them to be. Yes, the GOP is a monstrosity, but democrat leadership doesn't want equality very badly, either. So yeah, I'll sling a little mud in that direction as well.
  Its not even worth my time to critique the GOP. Irredeemable hoarders and haters.
  
  This is specifically why they lost the election. What benefit is there for you to defend it? Because of that, we're currently stuck with Trump, remember?
  
  This is about extending Trump's existing tax cuts. Cuts that were not cancelled by Biden throughout his mandate. So sure, they didn't enact them but they did inact on them once they had the power.
  
  How was Biden going to cancel an act of Congress?
  
  You should probably be asking Biden then,
  (Sep 10, 2020) Joe Biden pledges to roll back Trump's corporate tax cuts on 'day one,'
  Democratic presidential candidate Joe Biden pledged in a CNN interview (transcript) on Thursday to undo President Donald Trump's corporate tax cuts on "day one" of his presidency. But it may be difficult for Biden to stick to that ambitious timeline since overhauling the tax code requires Congress to act.
  (March 22, 2021) Why Biden won’t be able to totally undo Trump’s tax cuts
  President Joe Biden got almost everything he wanted with his $1.9 trillion economic rescue plan. Biden campaigned on hiking the corporate rate from 21% to 28%. Prominent business groups are warning against the effort to roll back the 2017 Trump tax cuts, which lowered the corporate rate from 35%. Wall Street, however, is hardly freaking out about the potential of unwinding the Trump tax cuts. “Equities appear to be pricing optimism around infrastructure spending but little concern about tax hikes,” Goldman Sachs strategists wrote. Rick Rieder, BlackRock’s chief investment officer, "the US economy can “definitely” withstand higher corporate taxes. I think 21% is too low,” Goldman Sachs expects Biden’s next fiscal plan will include at least $2 trillion in infrastructure spending and could reach $4 trillion if it also funds healthcare, education and other initiatives.
  (September 13, 2021) Democrats Hope To Undo Many Trump Tax Cuts To Fund Biden's $3.5 Trillion Budget Plan
  Democrats hope to unwind many of the tax cuts Republicans enacted under former President Donald Trump as a way to pay for the majority of the $3.5 trillion spending bill. House Ways and Means Committee Chairman Richard Neal, D-Mass., released details Monday of a plan that includes increasing the top corporate tax rate to 26.5%, up from the current rate of 21%. Leaders such as House Speaker Nancy Pelosi, D-Calif., call the bill an effort at transformational change. At an event last week in Connecticut, Pelosi said the legislation working through Congress now "is about a vision for our country that is transformative, that frees people to reach their aspirations without concern that their children or their parents or their disabled relative are not cared for."
  (Aug 11, 2022) Democrats ran on undoing Trump's tax cuts for the rich. But they're here to stay.
  The 2017 Republican tax cuts survived a Democratic-controlled House, Senate, and White House largely intact — and they're likely here to stay. Top Democrats conceded they fell short of their original ambitions, citing the need to muster unanimity in a caucus that spanned the ideological spectrum from progressives to fiscal moderates. "In these kinds of debates, you always kind of set out where you want to go," Sen. Ron Wyden, chair of the Finance Committee, told Insider. "When you're looking for 50 votes, you don't get everything you want."
  (June 18, 2024) Biden ramps up push to end Trump's tax cuts for the wealthy, highlighting the choice in the 2024 election
  “If Trump gets elected, he’ll cut taxes for him and his rich friends at the expense of working families. We can’t let that happen,” Biden said last week on social media. Biden’s recent budget and a memo Thursday by top Biden economic adviser Lael Brainard laid out the White House’s vision for bringing in new revenue: raise the corporate tax from 21% to 28%.
  Sen. Elizabeth Warren, D-Mass., said in a speech Monday: “The 2025 tax fight will create a huge opportunity to break with decades of tax-cutting political orthodoxy and reshape the tax code to reflect our nation’s values by raising taxes on the wealthy. That’s what Americans across the country are demanding, that’s what Joe Biden is running on, and that’s a big reason why Joe Biden will win in November. Next year, we must raise taxes on giant corporations and billionaires.”
  tl;dr
  Corporate tax dropped from 35% to 21% by Trump in 2017 (TCJA)
  Biden campaigns "Day 1!" corporate tax 21% to 28% (2020 election)
  2021, eh maybe we'll do 26.5%
  2022, Shit! Sorry guys, we aren't a cohesive bunch (but student loans are next, we promise)
  2024, Elect Biden! We will raise taxes to 28%! (not the original 35%)
  I read the comments above, I saw @ModestMeme@lemm.ee with 18 upvotes and 1 downvote. I was confused and decided to look up an article so I'm not just blindly tucking something false into the back of my head (conservative relatives and area, I have to have my shit together when I'm talking in public around here).
  I just spent the last 2 hours, for you beautiful fuckers, going down all these rabbit holes and reading article after article and constructing this timeline instead of making fried rice. Please don't be like ModestMeme and at least put one singular link up if you're trying to declare something as factual. You might find in your search that you were misinformed and let everyone know for the love of god. We need to keep our facts and shit together so we can all push forward together without misconstruing how we got here in the first place.
  
  Holy fucking receipts mackerel! Well done. This is going into my archive for future reference. 🙏
  On a less exciting note, this perfectly demonstrates how the ratchet works. Republicans take a step benefiting the owner class, then Democrats plan to undo it but somehow fail keeping a veneer of plausible deniability. Rinse and repeat while the working class gets poorer and poorer.
  
  Yeah, I made sure to present the tax numbers because it's a two step back, one step forward as always. It might not even matter though. Still got ModestMeme and others defending the situation. I'm just so fucking flabbergasted. Like if they're working for them I get it, some random person just deciding that no matter what they say it's not their fault? And they don't understand how people could vote for Trump?!?
  
  Unfortunately, that seems to be the process. You make arguments, hope it gets someone's brain gears turning a bit. Maybe next time around they do or say something different. One doesn't deprogram from any single online comment. I'm pretty sure that a few years ago I'd have thought and said what ModestMeme did.
  
  The President can’t write a law or simply decree a law to be over. That’s up to Congress. Not the President.
  Congress did indeed have a couple years of the slimmest margin of Democratic control. But Democrats aren’t all the same. There is a range of ideology and ultimately they’re not in lock step with each other. And in some cases, they behave not strictly as a Democrat normally would behave, or as those here on Lemmy want them to behave. Joe Manchin, Krysten Sinema, and those in the so-called Blue Dog Coalition. Russian asset Tulsi Gabbard was another “Democrat” from this time period who wasn’t as left wing as we wished for…
  You can blame the broad range of “Democrats” all you want. You can view a president as having direct control over law all you want. But that doesn’t account for individual differences within a party that with such a slim margin, can derail national progress. Vote. Every election. Especially the small ones. Good candidates start at the local level.
  
  Jesus ModestMeme..... I think your stupidity broke my brain
  The President can’t write a law or simply decree a law to be over. That’s up to Congress. Not the President.
  You can view a president as having direct control over law all you want.
  > BIDEN: No, no, no, no, I'd make the changes on the corporate taxes on day one.
  IT"S A MOTHER FUCKING TRANSCRIPT OF HIS EXACT WORDS!!! HE"S THE PRESIDENTIAL NOMINEE REPRESENTING THE DNC AS A WHOLE!!
  This is the exact problem people have with the democratic party that you just seem to hand wave away. They're saying whatever shit they want and NOT FOLLOWING THROUGH BECAUSE IT WAS A HOLLOW PROMISE THEY LIED ABOUT AND NEVER SHOULD HAVE SAID!!
  
  https://www.aclu.org/news/privacy-technology/what-is-an-executive-order-and-how-does-it-work#%3A%7E%3Atext=Statutes+have+to+be+passed%2Cspending%2C+and+certain+war+powers.
  Biden can ask of Congress anything on day one -as any president can- but he can not write a law. You can take Biden’s words to mean that he himself was going to decree a change to the tax code or you can accept that his words were confined to his executive powers to ask Congress to do this.
  I don’t know why sooo many people confuse the power of the president with that of a dictator. If a president can decree a law then why the fuck do we have a Congress?!
  
  Ok the link didn’t load as expected… Fourth paragraph is the relevant part on law. The rest of the article is pretty interesting as well.
  
  Didn't Democrats hold the house and senate for 2 years?
  
  Isn't it strange how that keeps happening?
  It's almost like the Democrats are controlled opposition? Especially with their recent gripes about the RaDiCaL lEfT asking them not to confirm Marco Rubio on the first vote nearly unanimously. And do things like, quorum counts. To slow the wheels of authoritarianism.
  It literally reads like they don't even pay attention to their jobs in any real way. Like the whole job is getting elected and everything that comes after is just not getting caught.
  
  If you call Manchin and Sinema democrats
  
  I do and I think the party has tools to whip them into shape if they wished to. E.g. threatening to do their job by investigating the conflict of interest issues of Manchin's wife. Or paying them off. You know, if they wanted to I'm sure they could have found options. The Republican party demonstrated a few of those for whipping their own. But I think a much more plausible explanation is that the vast majority of owner class donors to the Democratic party were happy with them failing to whip Manchin and Sinema into voting with the party.
  
  Gestures wildly at the Trump administration
  
  I don’t see the point in hungrily gobbling down the cocks of people who enables fascism. It’s their failures that lead us here.
  
  Silly me. I thought it was the fascists and all the arseholes who voted for the fascists that caused the fascism. I didn't realise it was the people who provided the alternative to the fascists that actually caused the fascism.
  If you really want to actually blame something other than the fascists, then your electoral system is about 99% responsible for the current fascist shit storm.
  
  You're making this out to be as if what the alternative is offering to voters doesn't matter.
  
  All I'm seeing is people basically make the argument "The Jews are responsible for Nazi Germany!" Like, I'm one of the people the regime wants to "eradicate from public life. No exceptions" and I did my damnedest to support Harris, tried to warn everyone, did my best, and now all I hear is how it's my fault I did this. It's victim blaming by garbage people who I used to really give a fuck about. What even is the point anymore? At least the suffering I'll go through won't just be me alone. I can die knowing the suffering is coming for them and their families too. They certainly deserve it as much as I do.
  
  I will never understand the mental gymnastics you people do to come to the conclusion that the democrats are totally blameless for our current situation.
  
  It's similar to the mental gymnastics people do to place the blame on the losers and not the people actually enacting the changes.
  
  I don't know why this is heavily downvoted. The DNC leadership will benefit from the social safety nets being destroyed along with republicans. Shitty candidates with shitty platforms is as good as endorsing fascists.
  Downvote me too, if you must. The underlying problem of only having two viable parties will persist.
  Bernie was my guy, but had he won, he wouldnt rule through executive order and would have faced opposition from "both sides"
  
  My god, the downvotes on your comment show just how many on the left are just as ignorant as the MAGA's. Neither party represents the american people anymore. They both serve their capitalist sponsors. The only difference between the GOP and Dems, is that the Dems pretend to care while doing nothing to undue the 30 years of unrestricting capitalism "At least we arnt assholes like the GOP", and the GOP are glaringly transparent about how they dont give 2 fucks about us and just say "Hey you, stupid fucking yokel, that minority group its trendy to hate this decade is the reason you're not a billionaire"
  Its a choice between Capitalism Turbo Yeehaw Edition Made with 100% more Freedom!, and Homemade Free Range Organic Capitalism 💞
  But as long as you keep getting conned into voting for wedge issues while never demanding anything else, you keep the system working as intended.
  
  Yep. Dems conned the voters into thinking the short game was the long game and keep harvesting the dividends, laughing harder than the Reps, all the way to their offshore accounts.
  
  you must be one of the green voters!

159 comments