Good News From Tax Bill

The vast majority of Americans are not going to feel this tax cut. The median household income in America is $57k. That amounts to about $25 a pay check while Wells Fargo gets a billion dollars a year and Donald Trump gets $11 million.
 
Stenny Hoyer was on CNBC this morning. Looked like he had pulled an all-nighter. Tried to put the "tax cuts for the rich" spin on it. In the end he said he agreed with the corp tax cuts. It was so much fun watching him.
 
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Top Republicans are already talking about cutting Medicare and Social Security next


House Speaker Paul Ryan and other top Republican leaders, fresh off a tax bill that is estimated to add at least $1 trillion to the national debt, are already sounding the alarm about an out-of-control deficit problem. Their targets for closing the gap include Social Security, Medicare, and food stamps.

“We're going to have to get back next year at entitlement reform, which is how you tackle the debt and the deficit,” Ryan said on a talk radio show. One of his top spending appropriators echoed the sentiment.

“If someone wants to get serious about debt, come talk to me about entitlements," Rep. Tom Cole (R-OK) told CNBC. "Tax cuts produce growth; entitlement spending doesn't.”

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That's the talking point!
The R's are going to have to manufacture some real racial anxiety to get those cuts through the base.
 
Arnie said:
Stenny Hoyer was on CNBC this morning. Looked like he had pulled an all-nighter. Tried to put the "tax cuts for the rich" spin on it. In the end he said he agreed with the corp tax cuts. It was so much fun watching him.
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Well, at least corporate America has you as a cheerleader, a one time bonus soon for you too I guess.

Oh, and where is the whining about 'our children will pay for the debt' crap we heard during the Obama years?
 
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