Vox - How Trumps tax cuts could wind up hurting most Americans

[TomCADem]

Democrats need to start tying Republican racist acts, like the ending of DACA, with the simultaneous announcement of programs that hurt ordinary Americans to benefit the rich. The key is that Trump has mastered the Republican art of giving working class whites a scapegoat and validating and encouraging racist and sexist ideas in return for tax cuts for the rich and benefits cuts for the working class. In other words, the white working class males get to feel like the master race, but they pay for this feeling of exclusivity with their health care and and other benefits.

https://www.vox.com/policy-and-politics/2017/8/17/16162096/trump-tax-cuts-pay-for-spending-cuts

We don't know a lot of details about President Trump's tax plan, but we do know it's expensive, in terms of lost revenue for the federal government. Paying for it could very well mean cutting programs that Americans rely on, leaving most of the country worse off than before the tax cuts.

The independent, nonpartisan Tax Policy Center estimated last month that the cuts Trump has proposed — including slashing the corporate tax rate from 35 to 15 percent, getting rid of the estate tax, and cutting the top rate for individuals from 39.6 percent to 35 percent — would cost as much as $7.8 trillion over 10 years. And they’re overwhelmingly targeted at rich Americans and corporations.

* * *
Republicans could change other tax provisions to fund the rate cuts, but the Tax Policy Center estimated a few options that the Trump team has hinted they might include, like eliminating all tax deductions except on charitable giving and mortgage interest, and found that including them only brings the total cost of the tax cuts down to $3.5 trillion.

That leaves spending cuts as the last viable option to fund the tax plan — an option favored by conservatives in the House, at least. There’s a problem with that plan, though, which the TPC highlights in a new study: Those spending cuts could result in the overall tax plan hurting the vast majority of Americans, to benefit the rich. The cuts, as it is, don’t do much for anyone but the rich, but on their own they don’t hurt the middle class. If they’re funded by spending cuts, they will.

[sharedvalues]

1. Bannon called Ryan

a “limp-d–k m——-r who was born in a petri dish at the Heritage Foundation".

That's about right. Ryan is an intellectual juvenile whose only goal is to make rich people richer.

[TomCADem]

2. It is the Faustian Bargain. Rich People Underwrite Racist Politicians...

...Racist Politicians get the middle class and working class whites to go along with cuts to their benefits to finance tax cuts for the rich in order to validate their sense of racial superiority and fears of immigrants, minorities and Muslims.

[sharedvalues]

3. You've described the GOP coalition since 1972.

Perhaps we can hope that Donald Trump has broken the GOP by saying out loud what establishment republicans feared only to dogwhistle until 2015.

Now everyone knows the GOP is the party of racists.

[TomCADem]

4. Except That It Use To Be Somewhat Subtle With Well Known Code Words...

...Trump just rolls out the Neonazis, which is close to how Hitler came to power in Germany. The industrialists thought that they could ultimately control Hitler, and thought he was merely a useful idiot who could vanquish communists in Germany. But, in the end, the Nazis ended up consolidating absolute control of Germany.

Likewise, some big business Republicans think that Trump is merely a useful idiot who will sign legislation placed on his desk. However, ultimately, he could drag the U.S. into a devastating war.

[sharedvalues]

5. Oh yeah - if Dems don't win in 2018 we will be living in an autocracy

But if Dems can mobilize and win in 2018 we may be able to break the back of the GOP and their billionaire donors who are destroying the country.

Yes the 2018 election is important