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Whitehouse Admits Tax Plan Saves Trump,Tens Of Millions Year

bobknight33 says...

I have yet to see any video of Democrats saying they will benefit from the tax cuts. Democrats just say its Armageddon and its not. Lets be real. They will benefit, just like Trump.

Trump is kicking ass, making America greater this year even being dogged every day.

Hillary would not even come close.

Be thankful for you 12 / 24 k base of non taxable income. Better than keeping records all year then having to prove you are worthy of the deduction.

Stop being such a sore loser.

"and every American citizen because it bankrupts the nation" ? Where were you the last POTUS / house /senate added 10 Trillion of actual debt added.
Come on newt I know we are both biased but at least be fair.

The vase majority of Americans will benefit.

newtboy said:

Bullshit....they were asked and they answered honestly that they'll save millions per year, said repeatedly and clearly it helps the rich, and they're rich.
Trump and Republicans just flatly lied about the bill.
He just lied, blatantly, daily, about tax law that affects us all....lied about who it benefits (him) and who it hurts (anyone making under $150k, and every American citizen because it bankrupts the nation) and you ignore it? Be assured I'll bring this up the next 3 dozen times you complain about liberals being less than perfectly truthful.

Damn straight members would have voted against it....because it's a horrific swindle that will bankrupt us quickly....I know that makes you happy, Dimitri, but Americans are pretty pissed.

He wouldn't be damned if he had signed the law he claimed it was, he's damned because he's a consummate, pathological liar. You are damned because you support that no matter what the lie is.

My holiday was tarnished by a big orange baby and his cadre of anti American idiots destroying my country's finances and likely starting a class war. It will only be great again when we eat the rich (or force feed them to their families)....I don't think that will take 3 years at this point if things continue on this road to bankruptcy. $1.5 TRILLION to the DEFICIT...that's $15 TRILLION in 10 years for one person's gain (anyone else that gains is coincidental, this was written specifically to benefit Trump and his family.). You can't ever complain that liberals or democrats are financially irresponsible again....never. You support lying to the country so your guy can bankrupt the country for personal gain. No patriotic American would do that. If you aren't Russian trying to harm America, you're almost certainly a traitorous moron. I see no other possibility.

How tax breaks help the rich

drradon says...

An extraordinarily simplistic and misleading discussion of tax laws. They very cleverly point out the disparity between the benefits of tax deductions between those with annual incomes over $400K and those below, but neglect to mention what fraction of the total tax payments each group provides.

Also suffers from the implied perspective that all the money actually belongs to the government and it's the government's right and duty to determine how much of it you get to have...

How tax breaks help the rich

newtboy says...

As they mentioned, Warren Buffett famously bragged for years that he pays less in taxes than his secretary. The rich get such value on deductions, loopholes, capital gains rates, etc. that they can avoid taxes overall.
I'm in the bottom 20%...my uncle Sam has never even sent me a birthday card, he sure hasn't ever paid me a dime of assistance. Has Trump ever taken public funds for his projects? Hmmmm.

Another fail, Dimitri.

bobknight33 said:

The rich might get better value on their deductions but they still get soaked more in taxes overall.


The top-earning 1 percent of Americans will pay nearly half of the federal income taxes for 2014
Top 20% of Earners Pay 84% of Income Tax
And the bottom 20%? They get paid by Uncle Sam.

How tax breaks help the rich

bobknight33 says...

The rich might get better value on their deductions but they still get soaked more in taxes overall.


The top-earning 1 percent of Americans will pay nearly half of the federal income taxes for 2014
Top 20% of Earners Pay 84% of Income Tax
And the bottom 20%? They get paid by Uncle Sam.




enoch (Member Profile)

radx says...

Counterpunch ran a rant by John Steppling yesterday, titled The Magic Liberal.

As you can deduct from the title, the author takes aim at liberals, with focus on their public reaction to Comey's defenestration and their sudden love affair with institutions (law enforcement/intelligence agencies) that have proven time and time again to be an enemy of the public.

Check out this (admittedly rather long) snippet:

And so we return to the firing of James Comey. And this story has less to do with the Trump’s motivations and the fact that Comey probably needed to be fired (though not because of anything to do with Russia Gate) than it does with the sudden open embracing of throughly corrupt and compromised institutions.

I’ve had people tell me the integrity of the Judiciary in peril. One wonders how such sentences can be uttered with a straight face. I have read people writing of the attack on Democracy signaled by Comey’s firing. What can that possibly mean to anyone who says it? The anti democratic actions of Obama over 8 years seems to pass unnoticed. What was NDAA? Obama expanded surveillance, prosecuted whistleblowers and expanded military tribunals. And this just scratches the surface. What was TTP for that matter?

And yet, if you can find me a liberal willing to actually debate this, I will clean your house for a year, free.

No, the New Victorian, the american white educated liberal is in crises. He or she is in a panic over Trump not because they fear global conflagration or nuclear annihilation, but because their Yoga class might get cancelled. They are forever aggrieved over the violation of feelings — of selected vulnerable groups. This never includes the poor, Arabs, Communists or Africans. Well, ok, on occasion it does include Africans but only in very broad abstract ways (i.e. when George Clooney argues for saving South Sudan or whateverthefuckever it was he was on about).

The adoration of the White Helmets, a proven group of psychopathic jihadist mercenaries is a perfect example. The White Helmets fit the white paternalist narrative. It is a form of colonial logic. The subaltern needs rescue. And its just so wonderful that some clearly teachable Arabs can help themselves with the rescue. Lets give them an Oscar. The style codes are what matters here.

No single terror attack in US by countries on Trump ban list

bcglorf says...

@enoch,

neo-conservatives
I've said in a couple other threads if I was American I'd have(very sadly mind you) voted for Hillary. Not sure, but that should really lay the neo-con thing to bed right there. Doesn't mean I won't agree with them if they notice the sky looks rather blue...

the MCA of 2006 and the NDAA of 2012
I don't base or form my morality around American law, so when and how it's deemed lawful or not for an American president to order something doesn't change my opinion one inch on whether the act is good or bad. Sure, it deducts a lot of points when a President breaks laws so that factors in, but if it's legal for a president to shoot babies we're all still gonna call it immoral anyways, right?

you find that it is the region,the actual soil that a person is on that makes the difference between legal prosecution..and assassination.
Between act of war, or peace time legal prosecution with proper due process.

this is EXACTLY what happened with afghanistan in regards to osama bin laden.
and BOTH times,the US state department could not provide conclusive evidence that either bin laden,or awlaki had actually perpetrated a terrorist act.


Sorry, but regarding Bin Laden that's a lie. The US state department held a trial and convicted Bin Laden already back in the 90s. The Taliban refused to extradite him then, and demanded they be shown evidence. They were shown the evidence and declared that they saw nothing unIslamic in his actions. Clinton spent his entire presidency back and forth with them, even getting a unanimous order from the UN security council demanding Bin Laden's extradition.

Smugly claiming that the US refused to provide any evidence to the Taliban because they were being bullies is ignoring reality. after spending several years getting jerked around by the Taliban claiming each new act of war launched from their territory wasn't their fault nor bin Laden's fault left a less patient president after 9/11...

now,is hannity guilty of incitement?
should he be held accountable for those shot dead?
by YOUR logic,yes..yes he should.

Can't say I'm very familiar with Hannity because I avoid Fox news at all costs.
Did he praise the killings afterwards and declare the shooter a hero like Anwar?
Did he council before hand in his books that killing those people was moral or just or religiously blessed like Anwar did?
Did he personally meet with and council/mentor the shooter before hand at some point as well, like Anwar did?

I have to ask just so we really are comparing apples to apples and all. If the answers are yes(and from Fox I suppose I can't completely rule that out just out of hand), then yeah, he's as guilty as Anwar.

now what if hannity had taken off to find refuge in yemen?
do we send a drone?


If he goes to Yemen we just laugh at our good fortune that he decided to kill himself for us.

To your point, if he finds a similar independent state to continue promoting and coordinating attacks as part of an effective terrorist unit killing new civilians every week then yes, bombs away.

Now if either he or Anwar remained in the US you arrest them and follow all due process. Oh, and to again shake the neo-con cloud you don't get to torture them by calling it enhanced interrogation, it's still a war crime and you should lock yourself up in a cell next door.

My whole thing is that setting up a state within a state and waging war shouldn't just be a get out of jail free card under international law. Either the 'host' state is responsible for the actions or it is not. If responsible, then like in Afghanistan it initiated the war by launching the first attacks. If not responsible, then it's declared the state within a state to be sovereign, and other states should be able to launch a war against the parasitic state, as has been happening with Obama's drones in tribal Pakistan.

Obamacare in Trump Country

newtboy says...

Um, deductibles are way up from 100%? The uninsured had a 100% deductible, the insured had a steadily rising deductible before the ACA. It's true, cost and deductible have gone up....just as they have since the insurance industry began.
The true fix is single payer, where you remove the useless insurance industry that does nothing but raise cost and get in the way of treatment (all the talk of death panels back in the day, what do you think insurance adjusters that deny treatment are?). Without the insurance industry we instantly save 10-20% on healthcare, remove numerous roadblocks to treatment, and offer everyone good healthcare, saving more by keeping people healthier. Yes, some people's taxes would rise, others not, but overall it would be a HUGE savings that only costs us red tape.

bobknight33 said:

Cheep for the poor and not that affordable for for what you get. Not to mention deductibles are way higher under the current plan.

I don't know the true fix but this current plan is not working.

Obamacare in Trump Country

bobknight33 says...

We took a gamble on Obama and his plan and it is collapsing under its own weight.

Cheep for the poor and not that affordable for for what you get. Not to mention deductibles are way higher under the current plan.

I don't know the true fix but this current plan is not working.

To be sure Obama wants a singer payer plan and the AFA is suppose to collapse so the next democrat ( Hillary) would finish the deal. But she lost .

Obamacare in Trump Country

TheFreak says...

Holy cow!

So anyone with a history of having health insurance over the past decades knows the pain of annual rising costs and plan changes that offer less and less coverage.

But here we have people newly signed up on health care through the ACA, who experience rising costs and deductibles for the first time and believe it's because the program is no good.

It never even occurred to me that all the pre-existing problems in the health insurance industry would be viewed as unique to ACA.

We are ALL unhappy with what's been happening to our health insurance for the past couple of decades...you're experiencing the same pain we've all been dealing with for long before the ACA was created. This didn't start the day you first qualified for health insurance. How did the message get so mixed up?

And wtf!
You've never had a car...here's a car.
"The cost of gas keeps going up....the car you gave me is horrible."

Obamacare in Trump Country

MilkmanDan says...

Trump said he will "repeal Obamacare and replace it with something amazing".

These people bought into that. The average sifter (myself included) did not.

However, as someone who wants to see health care improve in the US, I think that a Trump presidency is likely to lead to things getting better (long term). Even if he massively screws up. Actually, sorta especially if he massively screws up.

These people had deductibles in the multiple thousands of dollars range. With a median family income of $16k per year. According to CNN, the premium for the standard package will be $296 per month on average. So for the people in the video, they'd pay about 20-25% of their yearly income on premiums, with another 12-15% out of pocket before they hit their deductible for any needed care. Sure, some insurance is better than no insurance, but these people have been living dangerously with no insurance for a LONG time. Thirty plus percent of your yearly wages vs rolling the dice? A bunch are gonna roll the dice.

So, option A -- a miracle occurs, and Trump actually follows through and replaces Obamacare with something that actually is better. My money isn't on this one, but if he pulls it off more power to him.

Option B -- the people in the video are right, and Trump and the GOP will lose interest in actually repealing the ACA when they realize that they are going to have a hard time actually making something better. I don't think this one is likely either, because I don't think they really give a shit. But you never know. This one would represent a slow stagnation and likely eventual death for the ACA (without any intervention in 2018 or 2020) as more and more people decide to roll the dice and go back to living uninsured.

Option C -- whatever "plan" Trump and the Republican Congress come up for to "replace" the ACA with is a trainwreck. The people in the video that did benefit from the ACA get screwed, at least short term. But the thing is ... "fool me once". Some of them would be pissed, and wouldn't forget. Some would blame Trump and the GOP. Some would remember Trump's answer to Kathy in the video -- that the ACA isn't perfect, but it could be improved. But that her Senator (a Republican) isn't talking about doing that, he's talking about dumping it.

Maybe a bunch of people get fooled again, and eat up whatever excuses Trump, the GOP, and Fox News feed them. But some will remember. And it doesn't take a whole lot to shift the balance of power -- popular vote totals are often just a few percentage points apart. I think it will be extremely hard for the GOP to avoid a major shakeup in midterms and/or 2020.

Rigging the Election - Video II: Mass Voter Fraud

heropsycho says...

Ohhhh, so you just reassert your point about Democrats never backing down, but Republicans do without any factual basis whatsoever! What a novel losing debate strategy!

Obamacare isn't perfect and needs to be fixed or replaced with something better. Not the Trumpian "something great" if it should be replaced, but something that is well thought out and addresses what Obamacare couldn't accomplish if the entire premise is systemically not going to work.

Did you see what I did there? I *gasp* recognize that sometimes things don't work! OMG! IT'S AMAZING!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

I also didn't say it's a "fucking disaster", because it isn't. If it were that, explain how the uninsured rate has dropped very significantly. It was never going to achieve 100% insurance rate. The only way that happens is with single payer.

Here's how stupid you are. You don't seem to understand that if Obamacare isn't the answer, you're just making single payer universal health care more likely to be enacted. The American people are not going to go back to being denied coverage because of a pre-existing condition. They're just not gonna. Obamacare is the least left policy you could possibly enact that would help control costs and decrease the number of people who are uninsured.

You can scream to the top of your lungs, but Obamacare was enacted to remedy real problems. I'm even sympathetic to the argument that those were real problems, but Obamacare isn't the answer, but if you're going to make that argument, you have to propose something that has historical precedent and rationale to solve those problems. And you simply don't have one.

So again, keep struggling in the quicksand until it swallows you whole, and single payer is enacted.

Your evidence about health insurance premiums is anecdotal, and quite frankly, you don't seem to understand that your numbers and description of what happened to her is absolutely ridiculous. You don't get on medicaid because your insurance premiums go up under Obamacare. You qualify for Medicaid because of a lack of income.

Secondly, the claim is absolutely ridiculous that her premiums went up that much. For data we have available, *unsubsidized* premiums for the lowest cost silver plans for data we have in the Obamacare exchanges was $257 a month for a single person.

http://kff.org/health-reform/issue-brief/analysis-of-2017-premium-changes-and-insurer-participation-in-the-affordable-care-acts-health-insurance-marke
tplaces/

If she qualifies for Medicaid, then surely she could go on a silver plan in the Obamacare exchanges and come out likely paying less. Oh, and, on top of that, she would EASILY qualify for federal subsidies if she qualified for medicaid.

Oh, and btw, without Obamacare, if health care companies decided to raise those premiums just to price gouge, what protection would she have? Not much. Obamacare insures that you can only take in so much that isn't spent on health care.

Your story is completely utterly full of crap on so many levels, it's clear you made it up.

I'm dismissing all your numbers are being unsubstantiated bullshit. Have premiums gone up? Sure have. Were they going up before Obamacare? Yep! There's a healthy debate about how much Obamacare is contributing to premium increases. Obamacare isn't perfect. I'm happy to discuss rationally what could be done to improve Obamacare, or another plausible alternative. But not with you, since you pull numbers out of your ass that easily are completely debunked.

BTW, FYI, Obamacare was not intended to lower premiums nor to completely eliminate the number of uninsured. It was to control costs in all forms and reduce the amount of uninsured, as well as reform the health care system to eliminate problems like being denied coverage because of pre-existing conditions, people having to declare bankruptcy due to medical bills, etc.

Some of its goals it succeeded in, and some not so much. That's a fair assessment at this point. Medical related bankruptcies have not declined. Being denied coverage due to a pre-existing condition has been eliminated. Premiums have gone up, but we simply don't have enough data to determine if they've slowed or accelerated since Obamacare was implemented. If you go by the immediate years after Obamacare was fully implemented, they slowed.

http://healthaffairs.org/blog/wp-content/uploads/Adler_Exhibit1.png

More recently, they've accelerated. It's important to note that health care costs are not solely determined by premiums alone. It's interesting you cherry picked premiums only to prove costs haven't been controlled because premiums are your best case to make that point. Copays, coinsurance, deductibles, prescription drugs, all those play a role. IE, if the average American pays more in premiums but less everywhere else, it's possible the net average is lower for total costs paid for health care.

These are complex topics that have no room for bringing in rose colored ideologically tinted lenses to force the outcome to be "a fucking disaster", where you'll bring in anecdotal evidence, some of which is completely utterly made up.

Just how far are you willing to make stuff up? Hillary Clinton, according to you, has never in the last 40 years done anything substantially positive.

REALLY?! Look, I understand not necessarily wanting her to be President. OK, fine. But that claim is absolutely ridiculous. Over $2 billion has been raised by the Clinton Foundation, and over 90% of that has gone to charitable work according to independent studies. Before you go down the path of "paid access", blah blah blah, even if that were true, the reality is $1.8 billion went to charitable works around the world through the Clinton Foundation Hillary Clinton helped to create and run.

That's not substantial?!?!

Dude, just stop. The only people who believe that BS are people within your bubble. You're not convincing anyone else who didn't already think Hillary Clinton personally killed Vince Foster. You're just making people like me think you're a complete loon.

bobknight33 said:

Democrats Don't back down. Republicans are.

Obamacare is a fucking disaster and need to be scrapped.

My sisters premiums went from 400 to 1500$/month and she was forced onto medicade because of this.

My brothers went from 250$ to 600/month.

Both are single without kids.

My CEO work for for OBAMA and got a setaside from this disaster. My rates have stayed nearly the same.

Its purpose was to lower rates and cover everyone. Nether of this occurred.



You want a known crook with a 40 years of scandal after scandal. She has yet to create anything positively substantial of all her years of service. Even her / husbands charity is fraught with scandal.

You are a stupid fool to even consider such a person.

Even the Mafia looks up to the Clintons and wonder in amazement of how to get away with all the shit they do.

Why Home Ownership is Actually a Terrible Investment

drradon says...

Adam really does ruin everything - in this case, it's his credibility.

There are many reasons home ownership is better than renting - not the least being that you have far more flexibility in your lifestyle than a renter would. And while you are paying off a mortgage (which, in part, is subsidized by the mortgage deduction on your income tax) you are building equity and paying off the bank with progressively "inflated" dollars over the life of the mortgage (that's why they charge "interest"). The rents go up with the inflation, the mortgage payment doesn't (unless you are fool enough to buy into an adjustable rate mortgage). In the end, if you are careful and smart about when and where you buy, the home is nominally worth more than you paid (in inflated dollars - and possibly in constant dollars) and that value can be recovered if and when necessary. Renting, you walk away with a bunch of receipts...

Of course, if you are lazy and irresponsible in when and where you buy and how you maintain the home, then you could again walk away with nothing...

The EpiPen and What's Wrong with American Healthcare

brycewi19 says...

This is the time of the year when I have to renew my kid's prescription. I friggin' hate September because most of that cost falls on me because of my deductible.

I friggin' hate Epipen. Yet I need it just in case my kid goes in to anaphylactic shock. This company has my family and many other families by the balls.

Nephelimdream (Member Profile)

poolcleaner says...

neighbors
no one loves you like He loves you
and no one cares like He cares
neighbors
let us join today in the holy love of god and Money
because neighbors
no one loves you like He loves you
and what better way to show your love than to dig deep into your pockets
dig real deep until it hurts
alleviate your guilt
free yourself once again
because he gave to you brothers and sisters
please give a 10 25 or 50 dollar tax deductible donation
and i assure you your modest pledge will be used to censor tv and radio
ban questionable books and contribute to many other godly services
no longer will young christian Americans hedonisticly indulge in masochistic submission to rhythmic music
for with your monetary support there is no end to what we can achieve in this country

Nephelimdream said:

You hate to love the love you hate?
(and thanks, clicking on your profile is going to make me have Bad Religion stuck in my head the rest of the night)

Is Most Published Research Wrong?

dannym3141 says...

"As flawed as our science may be, it is far and away more reliable than any other way of 'knowing' that we have."

I'm going to be polite and assume you have narcolepsy and just happen to fall asleep during the bits that challenge your own viewpoint.

The theory about global warming may yet prove to be untrue - that i cannot deny; some other as yet unknown factor may be found. But the likelihood that thousands of scientists have p-hacked and fudged their way to a false positive in this case is more like 10 sigma.

In the past I have always told you - do not listen to 'a' scientist because one scientist could be a liar. Listen to many, many scientists.

Global warming isn't a pop-science article one small group put together, nor is this video the only argument you need to deny the theories of gravity, relativity or the spherical earth. Perhaps the tinfoil hat was rustling during the important final part of the video but if the alternative method of deduction is 'some crap bob heard on youtube' then I think i'll take my chances with the scientists.

bobknight33 said:

Well that pretty much makes the global warming myth just that a myth.



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