Stealing from the poor and making them pay it back ... Trump's tax plan in a nutshell.

[L. Coyote]

This is what they are proposing in fact, taking TRILLIONS $$$$$$$$$$$ out of the US Treasury for the very rich and making We the People pay it back later and pay interest to them meanwhile.

This plan is an outright theft, stealing health care, stealing infrastructure, stealing the FUTURE. This is corruption of democracy by the rich and powerful.

And Trump gets his BILLION $$$$ bonus (tax break) for sitting on his ass tweeting hatred and playing 100 days of golf.

[True_Blue]

1. This is the greatest theft in American history!

[L. Coyote]

6. Agreed. It will impact a generation, infrastructure, education, poverty, hunger, healthcare.

This is how you break up a country ans steal everything, one step at a time.

[L. Coyote]

2. Bloomberg Blasts Harmful GOP Tax Bill: We CEOs Dont Need The Money

https://www.bloomberg.com/view/articles/2017-12-15/this-tax-bill-is-a-trillion-dollar-blunder

This Tax Bill Is a Trillion-Dollar Blunder
Congress and President Trump put politics ahead of smart reform.
by Michael R. Bloomberg -- Dec 15, 2017

Last month a Wall Street Journal editor asked a room full of CEOs to raise their hands if the corporate tax cut being considered in Congress would lead them to invest more. Very few hands went up. Attending was Gary Cohn, President Donald Trump's economic adviser and a friend of mine. He asked: "Why aren't the other hands up?"

Allow me to answer that: We don't need the money.

Corporations are sitting on a record amount of cash reserves: nearly $2.3 trillion. That figure has been climbing steadily since the recession ended in 2009, and it's now double what it was in 2001. The reason CEOs aren't investing more of their liquid assets has little to do with the tax rate.

CEOs aren't waiting on a tax cut to "jump-start the economy" -- a favorite phrase of politicians who have never run a company -- or to hand out raises. It's pure fantasy to think that the tax bill will lead to significantly higher wages and growth, as Republicans have promised. Had Congress actually listened to executives, or economists who study these issues carefully, it might have realized that.

Instead, Congress did what it always does: It put politics first. .................

[smirkymonkey]

3. +1000

[L. Coyote]

4. Make #Corkerkickback Trend

Of course, this has nothing to do with benefiting Donald Trump and family, they have no interest in real estate ....

Link to tweet

LOL - Corker Starting to Sweat... Add Your Tweet, Make #Corkerkickback Trend.
By durrati ---- Dec 18, 2017

Lil Bob Corker is starting to sweat as details of the #Corkerkickback, and how it benefits Corker personally, start to come out in the media.

As The Hill reports….

“Sen. Bob Corker (R-Tenn.) sent a letter on Sunday to Sen. Orrin Hatch (R-Utah) asking how a provision that would potentially benefit real estate moguls, including Corker, made it into the final version of the Republican tax-reform bill.

“Because this issue has raised concerns, I would ask that you provide an explanation of the evolution of this provision and how it made it into the final conference report,” Corker wrote.

The International Business Times reported Saturday that a provision added during the reconciliation process allows owners of income-producing real estate to take advantage of a 20-percent deduction for "pass-through" entities. The Senate version of the tax bill included rules that allowed the deduction to be claimed only by businesses that pay their employees significant wages. .............

.................

Link to tweet

Link to tweet

Link to tweet

Link to tweet

[L. Coyote]

5. What Brought Bob Corker To Back GOP Tax Bill?