Debbie Wasserman Schultz gets blasted after swipe at GOP tax bill

[Ray From Cleveland]

Looks like mostly the rich suffered.



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Didn't the PROGS want "THE RICH TO PAY THEIR FAIR SHARE"?

Well, it sounds like Trump moved the tax code n that direction!

PROGS SHOULD BE SO HAPPY THAT THE RICH WILL PAY THEIR FAIR SHARE!

They should be, but you know how it goes with Democrats. When Democrats say they want Republicans to work with them, they mean do everything the Democrat way. There is no working with them.

This bill kept the inheritance tax although pushed the max up a bit. They got rid of the deduction restrictions on college loans. It includes money for alternative energy. They increased the Child Tax Credit. A brand new tax credit for non-child dependents like Senior Citizens, disabled children, and children over 17 years of age. Mortgage interest deductions have been removed for new loans over 750K, all existing mortgage loans are grandfathered in. They increased medical deductions. A CEO tax for those making over 1 million dollars who oversee nonprofit companies.

There are a ton of things in this bill that Democrats should be ecstatic about, but because it's been implemented by Trump and the Republicans, they are going to try and lie to the people only bringing up lower corporate tax rates.

 

[william the wie]

The problem for the Ds is that it is primarily their donors and MSM shills who are going to get hurt worst by the tax bill. Their political machines will also get hurt in the process of their Blue Wall crumbling.

 

[Ray From Cleveland]

The problem for the Ds is that it is primarily their donors and MSM shills who are going to get hurt worst by the tax bill. Their political machines will also get hurt in the process of their Blue Wall crumbling.

When people start seeing more in their paycheck and figure out why, the Democrats name will be mud to voters. Then add in the 6.5 billion people who got screwed in 2016 paying the Obama penalty that won't get screwed for this year, it's certainly a concern the Democrats should have.

 

[william the wie]

Blue State bankruptcies before the election are likely but not certain. So, far only CA and IL are in actual default and only IL has interstate defaults and those only to vendors. The wild card is what the impact that the tax bill will have on the capital markets in Chicago and NYC? I am not privy to that data but it is a matter of public record that the Chicago exchanges have back up plans in double digits and the NYC banks and exchanges are privy to the data. Between IL finances and the tax bill. Only in the case of the Chicago exchanges either not moving or moving towards NYC can state bankruptcies be delayed. Better data will become available only after the lawyers can model the effects of the tax bill on the capital markets and tell me three times computer systems give the same answers within the limits of error will a decision be made. That's all I know.

 

[Ridgerunner]

Seriously, where have you all been for the last years? When has any liberal said "Boy, I sure love that DWS!". "Never" would be the answer.