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whyamimrpink78
The Young Turks
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Comments by "whyamimrpink78" (@whyamimrpink78) on "Republicans Finalize Their 'F*ck Everyone Who Isn't Rich' Tax Bill" video.
TYT does their daily "We don't understand economics" videos.
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America was never a democracy. It is a democratic republic.
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If you support middle class deductions then you support deductions for the rich and the corporations where some corporations pay $0 and Warren Buffet pays less than his secretary. This tax plan reduces taxes for everyone while removing deductions. This does a couple things. 1. It simplifies the code which is needed 2. The deductions are no longer necessary as everyone's taxes are going down On that latter part, how many middle class Americans even knew what deductions they had?
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"Obviously you don't know your deductions" Actually I know about all of my deduction. I get a W2 and a 1099. I have my taxes down to where I pay very little in the end. Almost everything is an expense to my 1099 or school. For example, I took a trip to see the solar eclipse. I counted that trip, the food, gas, hotel, etc. as an education expense. Being a physical chemist I can justify it.
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Hal Jordan, KS is one state. How about you look at TX? Or how about you look at Connecticut as an example of how high taxes do not work? Or CA which has the highest income inequality in the nation. Keeping pointing at KS, I can bring up more examples to counter that.
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DucksDoctor, Cenk lied in this video. This tax bill cuts taxes in all tax brackets. The only information he is going out are the tax cuts for the rich, he never talked about other portions of the bill that cuts taxes for the poor and middle class. Cenk has many times simply told audience members to "look it up". He did a video on gun laws in this country and told people to "look it up". Meanwhile Steven Crowder did a rebuttal on it showing how wrong Cenk was. Whether Steven was correct or not, someone can "look it up" and find completely different results then what Cenk says.
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Trickle down economics is not even an economic term. It is a political phrase used by economic illiterates and politicians. Now which one are you?
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" If we tax the wealthy more, we can pay for all the stuff Bernie Sanders promised and more" Cruz did the math in a debate against Bernie and showed that was not true. When pressured Bernie admitted that he will have to tax everyone.
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" Please source that." Source what? It was in the debate. Watch the debate of Cruz vs Bernie on taxes. Cruz brought up a lot of numbers and Bernie never denied them. It took a guy from Denmark to finally get Bernie to admit he will have to raise taxes on everyone. In the healthcare debate Cruz laid out how much Bernie's plan will cost and showed how taxing the rich 100% will not pay for it. Bernie did not deny it.
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" Bernie never said it would be free. It’s not about free." He said he will just have to tax the rich. When pushed into a corner he finally admitted he will have to raise taxes on everyone. It took over over a year to admit it. "Collective bargaining for medical, and a future generation that is educated and not burdened with crushing debt are the things that will actually boost the economy." It isn't that easy. Being education does not mean being skilled What does a history or gender studies degree produce? As for bargaining, do you really think the government can bargain that well?
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They have different financial responsibilities. To you they have a lot of money, in reality they live a different lifestyle. If you were that rich you will see. For example, many rich people run charities and businesses. You only worry about paying for your rent
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Remember, Ana is better than you.
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They won't. Doing so will expose them as frauds.
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On the deductions, how many middle and lower class Americans even knew what deductions they had? I have talked to many college students that did not know they can write off textbooks they buy. Removing deductions and lowering the rate actually lowers the taxes for the middle class something TYT and their fans fail to realize.
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A54321, the left can't read bills. They just pass them to see what is in it. Just like Obamacare when Obama said people can keep their plans. After passing Obamacare we found out the reality.
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Kevin, they are cutting taxes in every tax bracket. Why don't you actually read the bill? Or are you the "pass to see what is in it" type?
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"Many people use tax guys who do the deductions for them" Which cost money.
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Chris, a tax cut is not a stimulus package. As for the rich keeping the money, under Obama you had the threat of high taxation and regulations, businesses did not want to invest.
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We had an economic boom under Reagan. If it weren't for Bush raising taxes and going to a dumb war we would have had boom until the early 2000s.
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" The lowest tax bracket right now is 10% the lowest bracket now will be 12% so that is immediately incorrect." They cut taxes for people by raising the lowest tax bracket to 12%. That means the lowest rate now covers more people. Do you even understand what is in the tax code? "There will however be middle class tax cuts, but they are only for a certain amount of time (10 years) then anyone making 75K or less will have higher taxes " And? That is 10 years from now when the economy will be different and we will have new politicians in congress and the white house. What's your point? "Such as a new tax on the stipend college students receive." That is not in this bill. However, I support that on the idea of simplifying the tax code, and it will actually increase my taxes. Amazing I can stick to my ideas and not be a hypocrite. Also, college students make up a small portion of the overall population. "They also plan to cut SS, medicare and medicaid which are incredibly popular programs across party lines. " The fact they are popular means nothing They are losing money. They need to be reform. I personally feel they should not exist as they are unconstitutional and we should work towards eliminating them over the years. "Arguing anything other than this bill being toxic (the only benefit has a built in time limit) is laughable. " That is not an argument. You are brushing aside legit counter points as you can't make one yourself. You say "SS is popular" ignores the fact that is losing money. And saying it is "popular" is a mob mentality. "Aside from that. I saw the debate where Cenk said, "look it up". It was a pathetic argument. However, I think that's more due to Cenk coming in as an unprepared individual and a poor debater. Rather than his arguments being flawed. But that's just my opinion." In that debate Matt Christiansen did "Google it" and posted a youtube video on it. I suggest you watch it. It makes Cenk look like a bigger idiot. His arguments are flawed.
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skovguy, there is a correlation between income and voting republican. There is also a correlation with income and intelligence. Intelligent people vote republican.
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