House GOP pushing a new round of tax cuts that would cost $2 trillion over 10 years!

[FAH1223]

In banana republics, this is known as a "piñata": the party in power, about to be disposed, uses its lame-duck period to give away as much stuff as possible to its few remaining supporters. It serves two purposes: cement their loyalty, and leave as little as possible behind for their successors to work with.

 

[radio rahiem]

If this passes, may this country burn in hell.

 

[Jhoon]

If this passes, may this country burn in hell.

Let them pass it. My dreams of 95% tax cuts are close to coming pass. These rich people are going to have to pay.

 

[BigMoneyGrip]

They cashing out and bouncing in November

 

[Slim]

Related: Federal deficit soars 32 percent to $895B

 

[greenvale]

I work for one of the Big4 accounting firm. On our internal website a while ago they tried to pass the tax cuts off as a good thing... as if we don’t know any better

 

[DEAD7]

 

[88m3]

the backlash was going to be serious enough against the first one this is going to be interesting

 

[Jhoon]

the backlash was going to be serious enough against the first one this is going to be interesting

Maybe the backlash won’t be harsh since this tax cut is for them.

The party of fiscal governance.

 

[Secure Da Bag]

Well this may force Congress to finally get rid of all the tax loopholes, tax credits, tax deductions for businesses and rich people.

 

[tru_m.a.c]

I work for one of the Big4 accounting firm. On our internal website a while ago they tried to pass the tax cuts off as a good thing... as if we don’t know any better

I wouldn't be surprised. Leadership is republican at most of these firms.

 

[King Kreole]

Fatally wound the beast

 

[Robbie3000]

Related: Federal deficit soars 32 percent to $895B

It’s going to hit a trillion by years end. In a healthy economy.

Let that sink in.

 

[Robbie3000]

Well this may force Congress to finally get rid of all the tax loopholes, tax credits, tax deductions for businesses and rich people.

Come on fam. The plan has been to starve the federal government and then come after people’s entitlements.

 

[Secure Da Bag]

Come on fam. The plan has been to starve the federal government and then come after people’s entitlements.

Look, breh. I can sit here in despair or at least try to find a silver lining. I choose the latter.