I don't have a lot to write about at the moment, so I just want to take this chance to remind everyone that the last time a Republican was president he lowered taxes on corporations and the rich and raised taxes on the middle class. This chart shows the combined effect of the Trump tariffs and the 2017 tax bill:
I used the 2025 estimates for the impact of the 2017 tax bill.
Time period? Is that projected for future years, or historical for 2018 or 19?
Delete the comment--my goof.
Well of course he did, although this was as much Mitch McConnell great achievement as it was Trump's. Thanks, Kentuckians!
And now Republicans want to keep the IRS from going after billionaire tax scofflaws citing a made-up crock of a non-scandal from back in the Obama days (https://talkingpointsmemo.com/prime/irs-lois-lerner-enforcement-bipartisan-infrastructure). The shamelessness of these people continues to amaze...
Right. IRS is police for rich ppl. Republicans are all in on defunding the police.
If you do a chart like this for every president going back to Harding a general trend may emerge.
Yabbut something something growth something investment something something jaaaabs!
And the fact that that the McConnell/Trump tax giveaway to corporations and the wealthy yielded no significant growth in jobs or investment is just biased Deep State something something prove anything with statistics something librul media something.
Also something something my hard-earned tax dollars something giveaways to those people something lazy welfare something, which is why *I'm* not as rich as I should be, so the fact that I didn't get any tax cuts (more likely had total taxes raised) is really the Democrats' fault.
That kind of reply is so 2010.
Republicans of today have a much simpler answer: Fake news. Trump didn't raise your taxes, he cut them. Vaccines are dangerous, COVID isn't. Black is white. Up is down.We have always been at war with Eastasia.
For better or worse, general populace does not parse tariffs as a tax on themselves.
OT:
Mention has been made previously of ShureStahle, who commented on Kevin Drum's items at MoJo, not being quite as visible on jabberwocking.
Just noticed his disparaging remarks about Democrats on The Washington Post site. He seems not to understand that Democrats don't always have the power to overturn every nasty measure & tactic of 21st-century Republicans. Of course, we have people like that here, too.
Study finds surprising source of social influence,
https://www.eurekalert.org/pub_releases/2021-07/uop-sfs071921.php
It seems to me wingnuts have been working on exactly this for decades.
Just FYI, Biden hasn't rescinded most of the tariffs, including Canadian wood. They complained about the de facto raised taxes on the middle class but they haven't done squat to cut them.