This infuriates me more than anything else, but the Republicans were very clear on their intentions and were elected democratically.
It sucks that we don’t have a legit opposition party that actually cares about the poor and working class.
During the campaign Trump repeatedly said he wouldn’t mess with Medicare, Medicaid, or Social Security. Towards the end of the campaign he stopped saying Medicaid. But just last week he was asked about cuts and said he wouldn’t touch Medicaid.
I guess it’s all true because Congress is going to cut all three.
A bunch of trump admin people wrote project 2025 with the heritage foundation. Trump himself is a well known liar and was under criminal prosecution.
We knew it would be tax cuts for the richest, again. At this point its still surprising that people are dumb enough to believe his words over his actions…
The amount of people I know that said they were voting Trump for “economic reasons” is far too high.
I know they make less money than I do, so they’re definitely not the ones benefitting from Trumps economic plans. The absolute buffoons.
What the fuck did people think would happen to all the cost savings that doge is supposedly doing? You think that money was just going to sit in government bank accounts or something?
Some, forget which other than Meidas Touch, said that was exactly what the “cuts” were going to do, pay for Trumps tax breaks
‘Want to be slightly richer, while we speed run a revolution?’
Who could have possibly foreseen this hilariously predictable outcome?!
“Well the 60yr old man that blew his body out working hard jobs to raise his family that are now unable to buy homes despite graduating college with tech degrees, can just rejoin the work force with his withering body and broken psyche.” -Evil probably
America will get what they voted for. Fucked.
I didn’t vote for this everyone needs to stop putting us in a box…many of us did not want this and we’re stuck with these jerks. Alot of Americans are good people we just got taken over. America needs help from other countries.
I’m an American who works primarily with Canadians. Their opinions are very eye opening.
The nuance you’re missing is based in American exceptionalism. You are no different than a Russian citizen, stuck under a government you/I hate. Focus on what you and your family can control.
Yes.
Your internal team sports are not owed consideration by other peoples affected by the actions of the USA on the international stage.
I think everyone here would agree that most Americans don’t care who the Russian soldier voted for without all that freedom nor could even name the opposition parties let alone their overall platforms in most of the world.
America is doing this. A purposeful second time. The parties are the internal machinations.
There is a significant chance of invasion. The USA is dead to me. It’s people made a choice. Cold Vietnam or Guerrilla Austria? Time will tell.
Yes?
Most of us fucking hate it. And I fear we may become the next fascist superpower.
Our internal politics are probably more important than the entirety whatever country you live in. We spend way too much on our military for you not to pay attention.
I personally will never support any sort of invasion and won’t give a shit if our soldiers die because of it. Wish the rest of the country would get on board.
Removed by mod
I have no sympathy for anyone who ever voted Trump, but the point has to be made that until voting is mandatory and they actually hold genuine primaries that allow voters to have a say, it’s taking things too far to blame every American for this outcome. The last few presidential elections have been laughably thin pretenses of democracy.
Time to fuckin do something
Well, he promised tax breaks. If anyone had the illusion that this would benefit lower income brackets, then congratulations: you have officially become senile. Because it follows the same path he did with the last tax breaks: More money for the rich, less for the rest.
Everyone in America is a temporarily embarrassed millionaire/billionaire. This tax breaks will surely benefit me some day
Everyone has equal freedom to be rich, so these tax breaks actually benefit everyone while food stamps only benefit the true leeches of society! /s
A rising tide lifts all boats. Not really on me if you didn’t buy your own boat.
*inherit your
yachtboatI love that metafor. Very fitting for the current times.
MAGA will blame this on Democrats.
It is on the Democrats, they are also on team kleptocrat. It’s past time to wake up!
Whatevs…. Democrats lost the election and Congress. It’s team fascists now. But sure, gripe about the people who very specifically didn’t do this shit.
Dems lost due to their inability to rally the voters. 8 million stayed home because dems doubled down on their typical bullshit to protect their own status quo rather than fight for the working class. Failure to recognize this brought us here and until we can call it what it is were gonna stay here.
I understood the dem line on things, yet i voted to not make things significantly worse.
If only non-voters understood what they allowed.
Clearly that wasn’t enough. So perhaps people should not be discouraged to beat the Democratic party into shape so that hopefully next time around they do more instead of less than enough. Because if the Democrats change nothing and win by default next time due to the Republican clown car running off the cliff, we’re gonna be playing the same game again in the next-next election. And the ratchet clicks to the right a few more notches.
They will understand too late, as usual.
The irony of people that have been letting the Democrats get away with complacency for decades being all “you’ll find out…”
They’re an ineffective out of touch party because you keep letting them get away with “vote blue no matter who” as their only cohesive strategy.
If you joined the left in pushing back on the Democrat ratchtet effect many elections ago, we wouldn’t be here. The second best time is now.
Keep voting blue no matter who. In 8 years when they parade the Trump family around in front of you as allies against the current Republican you’ll be chastising us for not supporting Trump’s party. It happened with Bush and Cheney.
What an amazing thing to say to someone else. No arguments at all honestly. Maybe tell it to Greg Proops, he still likes Biden.
This is specifically why they lost the election. What benefit is there for you to defend it? Because of that, we’re currently stuck with Trump, remember?
This is about extending Trump’s existing tax cuts. Cuts that were not cancelled by Biden throughout his mandate. So sure, they didn’t enact them but they did inact on them once they had the power.
How was Biden going to cancel an act of Congress?
You should probably be asking Biden then,
(Sep 10, 2020) Joe Biden pledges to roll back Trump’s corporate tax cuts on ‘day one,’
Democratic presidential candidate Joe Biden pledged in a CNN interview (transcript) on Thursday to undo President Donald Trump’s corporate tax cuts on “day one” of his presidency. But it may be difficult for Biden to stick to that ambitious timeline since overhauling the tax code requires Congress to act.
(March 22, 2021) Why Biden won’t be able to totally undo Trump’s tax cuts
President Joe Biden got almost everything he wanted with his $1.9 trillion economic rescue plan. Biden campaigned on hiking the corporate rate from 21% to 28%. Prominent business groups are warning against the effort to roll back the 2017 Trump tax cuts, which lowered the corporate rate from 35%. Wall Street, however, is hardly freaking out about the potential of unwinding the Trump tax cuts. “Equities appear to be pricing optimism around infrastructure spending but little concern about tax hikes,” Goldman Sachs strategists wrote. Rick Rieder, BlackRock’s chief investment officer, "the US economy can “definitely” withstand higher corporate taxes. I think 21% is too low,” Goldman Sachs expects Biden’s next fiscal plan will include at least $2 trillion in infrastructure spending and could reach $4 trillion if it also funds healthcare, education and other initiatives.
(September 13, 2021) Democrats Hope To Undo Many Trump Tax Cuts To Fund Biden’s $3.5 Trillion Budget Plan
Democrats hope to unwind many of the tax cuts Republicans enacted under former President Donald Trump as a way to pay for the majority of the $3.5 trillion spending bill. House Ways and Means Committee Chairman Richard Neal, D-Mass., released details Monday of a plan that includes increasing the top corporate tax rate to 26.5%, up from the current rate of 21%. Leaders such as House Speaker Nancy Pelosi, D-Calif., call the bill an effort at transformational change. At an event last week in Connecticut, Pelosi said the legislation working through Congress now “is about a vision for our country that is transformative, that frees people to reach their aspirations without concern that their children or their parents or their disabled relative are not cared for.”
(Aug 11, 2022) Democrats ran on undoing Trump’s tax cuts for the rich. But they’re here to stay.
The 2017 Republican tax cuts survived a Democratic-controlled House, Senate, and White House largely intact — and they’re likely here to stay. Top Democrats conceded they fell short of their original ambitions, citing the need to muster unanimity in a caucus that spanned the ideological spectrum from progressives to fiscal moderates. “In these kinds of debates, you always kind of set out where you want to go,” Sen. Ron Wyden, chair of the Finance Committee, told Insider. “When you’re looking for 50 votes, you don’t get everything you want.”
(June 18, 2024) Biden ramps up push to end Trump’s tax cuts for the wealthy, highlighting the choice in the 2024 election
“If Trump gets elected, he’ll cut taxes for him and his rich friends at the expense of working families. We can’t let that happen,” Biden said last week on social media. Biden’s recent budget and a memo Thursday by top Biden economic adviser Lael Brainard laid out the White House’s vision for bringing in new revenue: raise the corporate tax from 21% to 28%.
Sen. Elizabeth Warren, D-Mass., said in a speech Monday: “The 2025 tax fight will create a huge opportunity to break with decades of tax-cutting political orthodoxy and reshape the tax code to reflect our nation’s values by raising taxes on the wealthy. That’s what Americans across the country are demanding, that’s what Joe Biden is running on, and that’s a big reason why Joe Biden will win in November. Next year, we must raise taxes on giant corporations and billionaires.”
tl;dr
- Corporate tax dropped from 35% to 21% by Trump in 2017 (TCJA)
- Biden campaigns “Day 1!” corporate tax 21% to 28% (2020 election)
- 2021, eh maybe we’ll do 26.5%
- 2022, Shit! Sorry guys, we aren’t a cohesive bunch (but student loans are next, we promise)
- 2024, Elect Biden! We will raise taxes to 28%! (not the original 35%)
I read the comments above, I saw @[email protected] with 18 upvotes and 1 downvote. I was confused and decided to look up an article so I’m not just blindly tucking something false into the back of my head (conservative relatives and area, I have to have my shit together when I’m talking in public around here).
I just spent the last 2 hours, for you beautiful fuckers, going down all these rabbit holes and reading article after article and constructing this timeline instead of making fried rice. Please don’t be like ModestMeme and at least put one singular link up if you’re trying to declare something as factual. You might find in your search that you were misinformed and let everyone know for the love of god. We need to keep our facts and shit together so we can all push forward together without misconstruing how we got here in the first place.
Holy fucking receipts mackerel! Well done. This is going into my archive for future reference. 🙏
On a less exciting note, this perfectly demonstrates how the ratchet works. Republicans take a step benefiting the owner class, then Democrats plan to undo it but somehow fail keeping a veneer of plausible deniability. Rinse and repeat while the working class gets poorer and poorer.
Didn’t Democrats hold the house and senate for 2 years?
Gestures wildly at the Trump administration
I don’t see the point in hungrily gobbling down the cocks of people who enables fascism. It’s their failures that lead us here.
Silly me. I thought it was the fascists and all the arseholes who voted for the fascists that caused the fascism. I didn’t realise it was the people who provided the alternative to the fascists that actually caused the fascism.
If you really want to actually blame something other than the fascists, then your electoral system is about 99% responsible for the current fascist shit storm.
You’re making this out to be as if what the alternative is offering to voters doesn’t matter.
I will never understand the mental gymnastics you people do to come to the conclusion that the democrats are totally blameless for our current situation.
It’s similar to the mental gymnastics people do to place the blame on the losers and not the people actually enacting the changes.
you must be one of the green voters!
That’s $4.5 trillion that will trickle down to all of us, any day now, just you wait, and wait, and wait, and wait, and wait…
I don’t know what to think about that. I don’t think that low income Republican voters will feel the face eating of the leopards they voted for as what it is.
And I’m not even American, but I can see that this exact same thing is going to happen here in Europe/Germany as well. People will vote for the extreme right parties that have all their propaganda on how they are going to give money to the small people and make the country more secure - and at the same time their political programs and past behavior screams “we will give tax cuts mainly to the ultra rich and never cared about the low income people”.
And they still get voted for. We just love us some good old fashioned fascism. Maybe I need to change my mindset and just be like “let’s gooooo”
Left parties are also to blame for this. I always vote for the left party but lately I am not OK with about 70% of their agenda.
A rising number of people are concerned about immigration but left parties just ignore that and pushes for more immigration.
Immigration causes lot of issues. You see many immigrants pick pocketers in touristic areas, you hear a lot of crime cases involving immigrants, many prostitutes are immigrants and are exploited. It is maybe few but why adding more crimes when we already have enough of it.
Many immigrants rely on welfare and are eligible as some immigrants do not allow their wives to work and having multiple children is a norm. Left parties always vote against any restrictions.
They push salaries down and causes unemployment. Many do not want to work on underpaid jobs like in restaurants. But immigrants are OK to take those jobs and push salaries down.
So people see that left parties are doing nothing for this, left parties do not want upset their base which contain a lot of people from immigration. So people go to right and far right parties.
Is this satire or is your brain really like this.
I mean people feel this. Not think it. We need to listen to these concerns and talk about 93-98% tax rates for the wealthiest, individuals and corps.
Good morning everyone!
Is this a new, shorter style season or an OG 15 week The Apprentice season?
AI is looping You’re_Fired.DALL-X.quicktime.mov and everyone else has been fired by mid season or flailing to compete offscreen every episode.
There’s a laugh track and commercials.
Maybe a shortened season without writers during the strike. Pretty sure we’ll see Snooki in a cabinet position before it’s all said and done.
