We’ll dig through the tax reform details as they become available. However, pragmatic #MAGA Trump supporters would be wise not to get too far out in advance of supporting this GOPe tax reform package yet.
Posted on 09/27/2017 12:58:39 PM PDT by Sub-Driver
Drudge rips Trump tax plan: Difference between Dems and GOP is an 'illusion'
By Josh Delk - 09/27/17 12:16 PM EDT
The Drudge Report's Matt Drudge sent out a rare tweet Wednesday morning criticizing the GOP for making concessions to Democrats on taxes and health care, saying there is no longer an "illusion" of difference between the two major parties.
"First keep Obamacare, now raise taxes on top earners? At least illusion there is difference between parties is finished once and for all!" Drudge said, taking aim at proposals in the new GOP tax plan.
The website also led with a scathing headline: "More Betrayal Republican Plan to Raise Taxes."
Republicans Wednesday unveiled their framework for a major tax overhaul, which includes big cuts to corporate taxes and lowering individual tax rates, and completely nixing the estate tax.
But the plan also says that "an additional top rate may apply to the highest-income taxpayers to ensure that the reformed tax code is at least as progressive" as the current one.
It also would raise the lowest individual tax bracket from 10 to 12 percent, while nearly doubling the standard tax deduction.
Drudge's tweet also bashes Republicans for another recent failure at repealing ObamaCare, a major GOP campaign platform, with party leaders in Congress deciding not to vote on the latest bill proposed by Sens. Lindsey Graham (R-S.C.) and Bill Cassidy (R-La.).
(Excerpt) Read more at thehill.com ...
People like Drudge sabotaged the ACA repeal because it wasn’t pure enough, and now whine because Trump has to pass something with 60 votes, meaning it won’t be the type of tax reform he wanted but still better than what we have now.
One of Drudge’s close friends is Anne Coulter, so I believe that’s also influenced him.
I don’t see that in the article but we will have to see all the pluses and minueses. But the article does say THIS
“Republicans Wednesday unveiled their framework for a major tax overhaul, which includes big cuts to corporate taxes and lowering individual tax rates, and completely nixing the estate tax.”
... which sounds good to me.
I accidentally typed www.echochamber.com into my browser and ended up at the Liberty Daily. Imagine that?
Why would you post this if you were comfortable with the 70% of the $7 trillion going to top earners?
Was it intended to be a happy moment? I didn't read it that way.
If I had been addressing it, I'd have said $7 trillion will be an amazingly catalytic thing for our economy.
I wouldn't have touched on who gets what.
Maybe you were addressing someone who was complaining they were in a top bracket and would be getting taxed more, which I may have missed.
The Republican leadership really managed this situation well. /s
Can it get any worse?
Just an alternative - they link to many articles.
They weren't much of an echo chamber on the Strange / Moore race as they were supporting Moore as opposed to Trump / Strange.
There's always DU, if you prefer.
Getting rid of deductions is a HUGE reform. I happen to think it’s not going to happen but the money in Washington could largely dry up without deductions. The well connected have all sorts of deductions because they are explicitly written in by the politicians who get lobbied heavily for it. If that didn’t exists that would be a huge win and a major reform. That shouldn’t be in doubt.
Keep your eye on the ball. The overall goal is to cut taxes, cut regulations, cut government, secure the borders, rebuild the military and to make America stronger, better, greater and more competitive again. Reagan didn’t get there right away either, but his policies created a boom that lasted a couple of decades. Like Reagan, Trump is also going to have to battle a hostile congress and he’s going to need our support to move his overall agenda. We can repeal Obamacare and cut the taxes and cut the government and make America stronger and make the economy boom again, but we’re gonna have to continue electing conservatives to the congress to make it happen. Don’t fret the top earners. Their fortunes will rise with the economy. We’ll all be better off in a booming economy. Never surrender, never retreat! Damn the torpedoes and the alligators, drain the swamp! MAGA!
We’ll dig through the tax reform details as they become available. However, pragmatic #MAGA Trump supporters would be wise not to get too far out in advance of supporting this GOPe tax reform package yet.
WATCH: Paul Ryan, Mitch McConnell hold news briefing on tax reform
The reason for caution is quite simple. Notice the players, the key constructionists. These are the exact same Decepticons who constructed the TPP (Trans Pacific Partnership) trade deal, and who operate in DC on behalf of their multinational corporate sponsors and benefactors. Each individual representative within this press conference are the EXACT SAME members who constructed TPP and pushed Trade Promotion Authority (TPA) to ensure its legislative passage.
On the broad overview so far – it would appear the Decepticons are following their traditional UniParty playbook. Meaning they are following the road-map that continues the status quo by announcing a program not structurally established to meet the guidelines of the Trump MAGA agenda; at least as it was initially described. Much like the ruse with Obamacare repeal and replacement efforts the GOPe often do this intentionally.
Here’s the bitter pill of DC based reality on these types of issues.
CTH accepts things as they are, as they present themselves to be.
If you remember Paul Ryan and Ted Cruz teaming up to design the legislative pathway for TPA (the roadmap) which facilitated TPP (the legislative passage), you will remember their joint op-ed in the Wall Street Journal. [Their later denials were pure politics] Today’s announcement has the same branding and multinational organizational fingerprints. They group involved are following the UniParty lobbying process.
By now everyone is familiar with the reason why Trump-Agenda legislation never came to fruition. The campaign platform of candidate Donald Trump ran directly into the reality of the DC-based UniParty.
Lobbying groups write legislation, not political representatives. There simply is no lobbying group, the actual engineers within the administrative state who construct legislation, for the Trump-Agenda.
This simple truth behind DC operations is why federal legislation has been an ongoing nine month exercise in futility. Everything is essentially staged UniParty operations designed to give the appearances of something, but yet retain the modern swamp construct. An encapsulated version might be: “everything is designed to fail.”
Status quo or the inability of the administrative state to generate change, which by its very nature is adverse to the interests of the swamp, is not a flaw in the legislative system, it is a feature. Distracting ‘loggerheads’ is inherent within the legislative design.
Once we fully accept this truism, we begin to understand why status-quo is the outcome and can see how everything else is a distraction intended to avoid the electorate catching on.
CTH has been watching each specific example, and the nuance within it, as expressed within this approach for almost a decade. Much like the GOPe “splitter strategy, it takes a while to see, but the pattern is clear and not accidental.
Accepting this uncomfortable reality is what helps people understand why “Republican Controlled Committees” are investigating a republican president (Trump).
President Trump is not a third-party figure in Washington DC, he actually represents the 2nd party; a challenge to the Uniparty apparatus. This makes President Trump an existential threat to the entire construct of the administrative state.
Secondly, the professionally republican, the establishment per se’, genuinely don’t care if they lose control of congress in either the House (Ryan) or Senate (McConnell). There is nothing worrisome about GOPe losing status because there is only one party in Washington DC, the “UniParty”, with two caucuses: Democrats and Republicans.
The out-flowing legislation from the administrative state (UniParty Congress) doesn’t change when either of the two caucus members are in leadership. The legislation is the same. That’s why with control of the House and Senate President Obama rarely had to veto bills and the GOPe delivered on DC priorities. Think: “Corker/Cardin” for Iran deal; think “TPA” for TPP passage; think “Omnibus” for all Obama spending, etc.
Republicans controlling the House and Senate delivered on DC priorities; and when they couldn’t they changed the rules process to allow the DC priorities to pass with less support. Here’s where you remind yourself of *Republican* senate legislation that flipped the 60 votes for approval into 60 votes needed for denial, and passage was then possible with 40 votes (democrats). The various bill passages give the illusion of “only democrats” passing the bills, but the reality of republicans (who are in control) changing the rules shows their unity in ideological alignment with the underlying legislation.
When you understand this process we begin to see the schemes with greater clarity. UniParty republican leaders don’t want to be in legislative control when they have a republican president. It makes being a UniParty member awkward, albeit not impossible, to hide.
Additionally there’s more affluence available from the minority position. When you are in the minority the party in the DC lobbyists need your support for Majority Party UniParty constructs. The lobbyists pay for this support.
When a party is in the majority, and you are a member within that majority, your vote position is essentially pre-determined. Ergo your vote is less valuable to lobbyists. When you are in the minority and the majority lobbyists need your vote of support, your vote is more valuable. This reality is how you make money in DC. Remember, lobbyists write the legislation – politicians are paid to support and sell that legislation.
Lobbyists create the legislative product. Politicians are the sales force. We focus on switching out the sales people without ever considering the product remains the same.
A minority position representative can make a lot more money selling his or her vote because it’s not an expectation to support the lobbying construct like it is for the representative in the majority.
See how that works?
You can simply make more money from lobbyists in the minority; and the perks between ‘minority’ or ‘majority’ are not that much different.
In the majority you make money by selling your committee outcomes. If you are on valuable committees you make more money. If you are a majority chairperson of a committee you can make way more money from lobbyists.
Summary: As a representative in the minority you make money from multiple lobbyists on lots of legislation. As a representative in the majority less people make money because only the key committee heads are valuable to the lobbying groups. More people can make more money when in the minority. That’s why the republican wing of the UniParty are not adverse to losing their majority status.
Lastly, when you understand this process you begin to see why Multinational Banking interests and Multinational Corporate interests, ie. “The Lobbyists”, are in full control.
The two-party political apparatus is an optical game to give voters the illusion of choice. The reality is that both UniParty caucuses, Republicans and Democrats, all support the legislative interests of their leadership within the Administrative State, the lobbyists.
BS. Trump’s plan lowers taxes on corporations to 20% and small businesses to 25%. The highest rate would come down from 39% to 35%.
yep
I stopped reading Drudge when Charlottesville happened.
“Make America Hate Again” - that headline on Drudge was the last time I visited his web site.
That’s what I’ve been saying. I could give a crap about cuts. I want change. Period.
The Democrats have the balls to pass out and out change legislation. They can raise taxes as high as they want. The Republicans don’t have the guts to legislate real change. They just tinker around the edges of everything the Democrats have done.
Getting rid of deductions will almost certainly mean more money will be collected from the “well connected”. All those deductions are put there by congress as pay offs. The Drudge types want to close there eyes to this because they want this bill to fail.Getting rid of deductions gets rid of power from Congress and that is ALL good
And cater to the Democrats' demands that sunset provisions be included. (TEMPORARY cuts.)
Yeah - I need to bookmark that other site on my phone.
Not really. The president proposes getting rid of the death tax, doubling the standard deduction, and just making the whole process simpler.
Drudge is holding a grudge and I wish he would knock it off.
Conservatism is not really good for America
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