The Tax Bill

K: now I can’t help it if you aren’t smart enough to see this massive redistribution of wealth,
for what it is… it won’t create jobs, it won’t increase the economy, it won’t help
the middle class in any way, shape or form and it will help turn American into the
the hot mess that is Kansas… and Kansas was destroyed by massive tax cuts
and now its pretty much a hell hole…it will take them years to get Kansas
back to a functional state…

Kropotkin

Actually, Kansas does not have its own reserve currency, or even its own currency at all for that matter, so it isn’t that great of a comparison. Like I said, this will just end up being more monetized debt if they do not cut spending as well. Unless the U.S. loses their reserve status, that still won’t cause economic collapse, but it WILL hurt poor people a lot more than rich people because the poor are the most affected by inflation.

One question I have on this - How does the national debt effect me (the individual)? The national debt has grown my whole life, yet I am profoundly unaware of how the increasing number (supposedly negatively) effects me. The answer to this would go towards taking a comprehensive look at the tax bill.

Because at a certain point the monetary system collapses and everybody loses all their monetary gains or abilities.

I’m so glad corporations are getting the most tax cuts and credits. I’m fully waiting for trickle down all over my face. I think I will try to bring an umbrella just in case.

That’s hilarious. Think about what you said for a bit. I’m sure you have in the past, but obviously it didn’t do you any good.

The so called middle class only “keeps a greater percentage of their money” if you ignore all the social programs that will be affected by reduced funding when these tax cuts inevitably fail to produce enough revenue to fund them. Then they get to spend that money on overpriced garbage internet, awful healthcare, etc.

The rich get to take their tax cuts and dump it back into politics to further secure their oligarch status.

Well for one thing, governments rely on the ability to utilize credit. Taxes are slow, and spending is fast. Unless you want to run a big surplus of cash just sitting in some government bank (super ineffecient), you have to run some kind of debt to spend money freely. On the other hand, interest kills.

The upper middle class and the wealthy of the United States have been screwing over the poor working class for decades that does all the physical laboring, once you kill the golden goose that no longer lays any golden eggs this country is toast. Foreign immigration and outsourcing jobs isn’t going to cut it anymore especially when you have no tax base to fund even the most basic public services of society including the government itself. If you kill the consumer you have no consumerism economy, no service economy, and no market system.

What really upsets me about these conversations is that nobody talks about the working class anymore, it’s always about the middle class (managerial class) and the wealthy (corporate production owners). I for one don’t give a damn about the middle class or the wealthy who have been stealing from the American working class for decades. (Since the 1960’s) It is the majority of low income working class Americans that outnumber both the middle class and the wealthy but there is not a single politician that represents it where that is the most outrageous facet in all of this. The working class is the majority of the population!

When will American politicians represent the population majority of low income members of the working class? You can ignore the elephant in the room for only so long at your own peril but soon reality will have its day in the sun where no matter of denial or obstruction will hinder any of that. Keep in mind we are dealing with forty five years of stagnant wages for the working class in this country and if you think you can ignore or imagine that away out of sight you’re delusional.

In many ways the wealthy class has preyed upon the middle class but the only thing both groups can agree on is preying upon or carving up the working class amongst themselves. (Fuck the middle class and the upper ruling class also!) (Fuck them both!)

This tax bill is a huge benefit to wealthy corporate business owners and the managerial middle class (middle men) where as usual the working class is left in the cold with nothing once again. A great day of reckoning will eventually come where a decimated working class will retaliate for the years of economic bondage and slavery it has been put into the last fifty years. There’s a reason why most of the working class doesn’t believe in politics, politicians, or the government anymore and this sentiment isn’t going to go away either as its livelihood is being stripped away with every year. If anybody tries to increase the taxes on an already burdened lower working class while giving tax cuts to both the middle and upper classes that will finally be the lit of this fuse to what otherwise will be an explosive situation. Since this country is ruled by morons who are only concerned with their own avarice and selfishness I have no doubt whatsoever that fuse will be lit eventually.

You just listed a whole bunch of things the tax bill isn’t, but what you didn’t do is explain in any way, shape, or form how it is amounts to ‘wealth redistribution to the wealthy’. Could it be that this is just a DNC talking point and we aren’t supposed to think about it too much?

Of course people talk about the working class. The DNC has been screaming at them and calling them racist misogynists for a year straight because they voted the wrong way. Where have you been? Anyway, I’m still waiting to hear how a tax cut is ‘wealth redistrubition’ to the rich. That IS the comment you replied to.

Its a fairy tale go and think one party is better then any other, or to think that one party prganization or another is ahead of looting the treasury. Holding Trump to the acid test of financial benefits , is like saying that not all of it is about the money, and the difference with Trump is , that his actions unabashedly reveal the reason for America First: , an honest purvayance of what world Capitalism is all about. Its time! Lets be honest to ourselves.

How can you like Trump and not like Trickle down economics?

Most Trump voters just like how he talks in short phrases and keeps it simple. And how he says America is/will be great or otherwise dogs on the rest of the world. Not because of their thoughts on the tax code.

Given that money is coming out of social programs and going to the rich, yes, that’s redistribution.

Neither the republicans or democrats work for the working class for anybody that thinks so is an idiot. Politicians from both parties work for Wall street and themselves only. One only need to look at the numbers since the 1970’s to understand that nobody gives a damn about the working class in this country. It is wealth redistribution to rich, one only need to compare individual or family tax benefits with that of corporate benefits.

Trickle down economics isn’t just limited to republicans as democrats have their own variety.

We live under corporate serfdom and this will only get worse with time.

Seriously?

Is that a trick question?

No.

Everyone gets breaks, but Socialists always want for happy people to be made unhappy. So it is not enough for a Socialist to see poverty alleviated, also wealth must be destroyed. But it is never enough - when they have murdered everyone who had a good life, they still stand there cursing and blaming all that was good before they came in, blaming it for their wretchedness, their unhappiness.

It takes a human brain to be so thoroughly wretched and wicked as a Socialist can be. So many errors made at once! Truly miraculous evil.