The Trump Tax Plan (as being actually written by GOPers in Congress) is being done purely as a give-away. Under the current plan going through the Senate, there are no program cuts included, just an authorization to go another $1.5T into debt over the next decade in order to give 80% of that to the most wealthy Americans in tax cuts [1].
So if rather than bankrolling already fabulously rich people, we said, “Well, if we can afford to go $1.5T further into debt, what could we do with that money instead?”
This article has some very intriguing suggestions, such as a package of …
- End homelessness in the United States ($20B/yr);
- pass Trump’s original infrastructure plan ($1T);
- then give every single American about 90 bucks a year ($300B).
Yeah, I like the sound of that much better than helping Ivanka and Donald Jr and the other Trump kids inherit a billion dollars more by repealing the estate tax [2], and other Donations to the Rich.
So can we have that conversation instead?
——
[1] I have no doubt that, once the tax cuts are passed, Congressional Republicans will be shocked, shocked, at how much worse the budget deficit has become, forcing them to start cutting more social safety net programs as part of some economic emergency. But, for the moment, they are trying not to appear like soulless monsters (again).
We'll make it up in volume!
Well Senator why don't you look in your own back yard? The governor of your state got taxes lowered to draw businesses back to the state and I don't hear you complaining about that! You actually have a supply side Democrat in the control of your state! The last one know that is one of them is JFK! Hypocrite!!!!! Retire you are out of touch with reality!
+Joseph Kavusak What are you going on about?
Talking about Senator Schumer
Take your false equivalence and shove it up your a**, Joseph.
The math is wrong. With the $300 billion left over, you could give every American 900 (nine hundred) bucks, not 90 (ninety) bucks.
It's jokes like this that keeps people in poverty
+David Jao You're right; that should be $90/yr for the ten year period.
+Melinda Blakely What joke are you referring to, Melinda?