Not to mention that 4K is over eight years.

Post #421,026 by mmoffitt 10/25/17 8:16:01 AM 10/25/17 8:16:01 AM Reply	Not to mention that 4K is over eight years. And other fantasies... At the same time, though, Hassett said that merely cutting the corporate tax rate to 20 percent “would boost wage growth almost fourfold,” from about 0.6 percent a year to as much as 2 percent. As a result, it would “provide up to $7,000 of additional income over the medium term,” he said in his speech. https://www.bloomberg.com/news/articles/2017-10-11/trump-is-said-to-tout-4-000-worker-benefit-in-tax-sales-pitch Riiight. Corporations always share their gains with employees in a manner that resembles fairness. bcnu, Mikem It's mourning in America again.
Post #421,027 by Another Scott 10/25/17 8:24:59 AM 10/25/17 8:24:59 AM Reply	There was an NPR report about this yesterday. It was fairly in-depth on the radio, but it was another example of what I find infuriating about so much of the news - there wasn't enough information for me to look at the original sources without additional searching. The web page on the story is much, much better, but still a bit too "both sides have a point"-ish for my taste. The point of this gutting of the corporate tax code is to enrich Donnie and others who set up weird corporate structures to avoid paying taxes. That is all. Real corporations have all kinds of deductions and the rest to reduce their corporate taxes already. (Of course, there are mom-and-pop businesses who do have real issues with the tax code, but anything the Teabaggers and Donnie want isn't going to help them.) Cheers, Scott.
Post #421,029 by mmoffitt 10/25/17 8:47:01 AM 10/25/17 8:47:01 AM Reply	This is going to be a bigger heist than what was done in the 1980's. bcnu, Mikem It's mourning in America again.
Post #421,034 by a6l6e6x 10/25/17 5:01:14 PM 10/25/17 5:01:14 PM Reply	GHW Bush had a name for it while running against Reagan in the GOP primary in 1980. VOODOO economics! Of course he had to eat those words while being Reagan's VP and Reagan doubled the national debt. Alex "There is a cult of ignorance in the United States, and there has always been. The strain of anti-intellectualism has been a constant thread winding its way through our political and cultural life, nurtured by the false notion that democracy means that "my ignorance is just as good as your knowledge." -- Isaac Asimov
Post #421,039 by boxley 10/25/17 6:30:31 PM 10/25/17 6:30:31 PM Reply	and from the numbers it looks like Donnie is set to do it again "Science is the belief in the ignorance of the experts" – Richard Feynman
Post #421,046 by mmoffitt 10/26/17 8:26:26 AM 10/26/17 8:26:26 AM Reply	And worse. To borrow a phrase, I am stunned, stunned that to this day Republican Tribe members insist that Reagan gave us "Morning in America" in the form of "economic revival" when he was the man who took the world's leading creditor nation and turned it into the world's leading debtor nation. Quelle Suprise! The wealthy stop paying their fair share in taxes and the government goes into debt. Who knew that would happen? Incredibly, the world's leading debtor nation, in the face of Reaganism AND the outcome of "The Kansas Experiment" is doubling down. I really hope my kids leave this nation of lunatics. bcnu, Mikem It's mourning in America again.

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