Author Topic: The 2025 Republican Wealth Bill is Much Worse Than 2017  (Read 831 times)

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Offline fohat.digs

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The 2025 Republican Wealth Bill is Much Worse Than 2017
« on: Wed, 02 July 2025, 11:28:43 »
The Great Republican Tax Scam of 2017 was just the warm-up act to this new abomination that we are facing.

This time, the working class, and its sub-order, the much-harder-working non-citizen class, will fare far worse than they did last time. And that is before you even start to factor in rampant inflation resulting from a variety of sources, not least the exponential increase of "private equity" taking over everything in sight, rapidly rising prices from mindless tariff wars and corporate greed, and last but not least, degradation of our environment in every category of measurement - which always impacts the lower economic classes far more than the wealthy.

Naturally, toilet-paper-for-tissue will likely chime in with some variation of the tired stale "same as it ever was" response, but anyone facing the imminent loss of job and/or health insurance and/or housing and/or standard of living and/or personal liberty can hardly fail to recognize that these are new and uncharted waters. And the final bulwark of the rule of law in our nation, the Supreme Court, has proven itself to now be as corrupt as the other "co-equal" branches of the Federal government.
"Starting in 2011, the deficits again started to shrink. During Obama’s term  the deficit was reduced by $900 Billion  before finally in 2015 the GOP managed to wrangle a “reconciliation” bill out of Obama where he again cut corporate taxes, as well as made permanent some of George W. Bush’s original tax cuts. This is the year everything reversed. Before this, under Clinton, Bush and Obama the deficit in almost every year was gradually decreasing. The balance we had of taxes and the economy was bringing the deficit down, the money coming in was slowly catching up with the money going out until 2015. Trump’s subsequent tax cut has continued the new trend even after the rest of Bush’s cuts have since expired. Obama had an average GDP of 2.3%, with 11.6 million jobs created and unemployment peaking at 10% in 2009, then falling to 4.3% in 2016. If we had continued on that downward deficit track, we would have again reached balance and another surplus in 2017-2018.
– Frank V Walton 2025-07-01

Offline fohat.digs

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Re: The 2025 Republican Wealth Bill is Much Worse Than 2017
« Reply #1 on: Wed, 02 July 2025, 14:08:07 »
"“THIS GROWTH has already begun at levels never seen before. Trillions of Dollars are now being invested into the USA, more than ever before. Likewise, hundreds of Billions of Dollars in Tariffs are filling up the coffers of Treasury. The Tariff money has already arrived and is setting new records! We are growing our way out of the Sleepy Joe Biden MESS that he and the Democrats left us, and it is happening much faster than anyone thought possible. Our Country will make a fortune this year, more than any of our competitors, but only if the Big, Beautiful Bill is PASSED! As they say, Trump’s been right about everything, and this is the easiest of them all to predict. Republicans, don’t let the Radical Left Democrats push you around. We’ve got all the cards, and we are going to use them. Last year America was a “DEAD” Nation, with no hope for the future, and now it’s the “HOTTEST NATION IN THE WORLD!” MAKE AMERICA GREAT AGAIN!

- DJ Trump 2025-07-01
"Starting in 2011, the deficits again started to shrink. During Obama’s term  the deficit was reduced by $900 Billion  before finally in 2015 the GOP managed to wrangle a “reconciliation” bill out of Obama where he again cut corporate taxes, as well as made permanent some of George W. Bush’s original tax cuts. This is the year everything reversed. Before this, under Clinton, Bush and Obama the deficit in almost every year was gradually decreasing. The balance we had of taxes and the economy was bringing the deficit down, the money coming in was slowly catching up with the money going out until 2015. Trump’s subsequent tax cut has continued the new trend even after the rest of Bush’s cuts have since expired. Obama had an average GDP of 2.3%, with 11.6 million jobs created and unemployment peaking at 10% in 2009, then falling to 4.3% in 2016. If we had continued on that downward deficit track, we would have again reached balance and another surplus in 2017-2018.
– Frank V Walton 2025-07-01

Online tp4tissue

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Re: The 2025 Republican Wealth Bill is Much Worse Than 2017
« Reply #2 on: Wed, 02 July 2025, 20:20:02 »
The problem isn't the bill.

If you think about it, "muri kha" has NEVER EVER been for the people.

If the idea is to bring back manufacturing, or near shoring, it will prop up the average living standards of the working class.

The problem is, that takes longer than 4 years.  If dvm p isn't emperor, it simply can't happen.


People associate fascism with the Nazis, and it's absolutely bad.  Well TECHNICALLLLLLY, fascism, is, PRIVATE CAPITAL -> PUBLIC/State profit Benefit.  Whereas, the form of capitalism we actually have today is,  PUBLIC Capital -> Private profit Benefits.

What the Nazis did wasn't pure fascism either, it was really just Capitalism.



But since it is unlikely 'Murik  ha can truly withstand the pressure of autocracy,  All of this is just virtue signaling and a waste of time.

Offline fohat.digs

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Re: The 2025 Republican Wealth Bill is Much Worse Than 2017
« Reply #3 on: Thu, 03 July 2025, 10:17:31 »
Here is a small commentary:

https://www.usatoday.com/story/news/politics/2025/07/02/senate-trump-tax-bill-surprises-legislation/84436000007/

Included is this typical morsel:

"Cheaper gun silencers

Republicans added a provision to the bill that would eliminate a nearly-century-old tax, now $200, for purchasing or making silencers, short-barreled rifles and shotguns, and other weapons. They also removed a requirement for gun owners to register their silencers.
"
"Starting in 2011, the deficits again started to shrink. During Obama’s term  the deficit was reduced by $900 Billion  before finally in 2015 the GOP managed to wrangle a “reconciliation” bill out of Obama where he again cut corporate taxes, as well as made permanent some of George W. Bush’s original tax cuts. This is the year everything reversed. Before this, under Clinton, Bush and Obama the deficit in almost every year was gradually decreasing. The balance we had of taxes and the economy was bringing the deficit down, the money coming in was slowly catching up with the money going out until 2015. Trump’s subsequent tax cut has continued the new trend even after the rest of Bush’s cuts have since expired. Obama had an average GDP of 2.3%, with 11.6 million jobs created and unemployment peaking at 10% in 2009, then falling to 4.3% in 2016. If we had continued on that downward deficit track, we would have again reached balance and another surplus in 2017-2018.
– Frank V Walton 2025-07-01

Offline fohat.digs

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Re: The 2025 Republican Wealth Bill is Much Worse Than 2017
« Reply #4 on: Thu, 03 July 2025, 10:38:15 »
Even better, Representative Jamie Raskin (D-Maryland) read aloud his Preamble to the proposed Republican bill:

"Mr. Speaker, I found a Preamble to this Big Ugly Bill.
We the billionaires, and our King, in order to deform and sicken our Union, establish injustice, ensure domestic servility, weaken our peoples defenses, undermine our general welfare, and reserve to ourselves and our posterity staggering debt servitude for eternity, do hereby instruct the Republicans in Congress to strip 17 million people of their healthcare, increase co-pays, premiums and deductibles for everyone else, cut 42 million people off of nutritional assistance, increase the national debt by 4 trillion dollars, trash renewable energy systems, increase our electric bills for the carbon kings, all to weaken and destroy the Constitution of the people of these United States of America. Please include this Preamble in the legislative record. I yield back.
"


https://www.youtube.com/watch?app=desktop&v=_jzfjtVkX9o
« Last Edit: Thu, 03 July 2025, 10:42:39 by fohat.digs »
"Starting in 2011, the deficits again started to shrink. During Obama’s term  the deficit was reduced by $900 Billion  before finally in 2015 the GOP managed to wrangle a “reconciliation” bill out of Obama where he again cut corporate taxes, as well as made permanent some of George W. Bush’s original tax cuts. This is the year everything reversed. Before this, under Clinton, Bush and Obama the deficit in almost every year was gradually decreasing. The balance we had of taxes and the economy was bringing the deficit down, the money coming in was slowly catching up with the money going out until 2015. Trump’s subsequent tax cut has continued the new trend even after the rest of Bush’s cuts have since expired. Obama had an average GDP of 2.3%, with 11.6 million jobs created and unemployment peaking at 10% in 2009, then falling to 4.3% in 2016. If we had continued on that downward deficit track, we would have again reached balance and another surplus in 2017-2018.
– Frank V Walton 2025-07-01

Offline fohat.digs

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Re: The 2025 Republican Wealth Bill is Much Worse Than 2017
« Reply #5 on: Thu, 03 July 2025, 13:59:22 »
It Is Done.

All that is left now is the  FAFO  fallout.
"Starting in 2011, the deficits again started to shrink. During Obama’s term  the deficit was reduced by $900 Billion  before finally in 2015 the GOP managed to wrangle a “reconciliation” bill out of Obama where he again cut corporate taxes, as well as made permanent some of George W. Bush’s original tax cuts. This is the year everything reversed. Before this, under Clinton, Bush and Obama the deficit in almost every year was gradually decreasing. The balance we had of taxes and the economy was bringing the deficit down, the money coming in was slowly catching up with the money going out until 2015. Trump’s subsequent tax cut has continued the new trend even after the rest of Bush’s cuts have since expired. Obama had an average GDP of 2.3%, with 11.6 million jobs created and unemployment peaking at 10% in 2009, then falling to 4.3% in 2016. If we had continued on that downward deficit track, we would have again reached balance and another surplus in 2017-2018.
– Frank V Walton 2025-07-01

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Re: The 2025 Republican Wealth Bill is Much Worse Than 2017
« Reply #6 on: Thu, 03 July 2025, 16:28:44 »
What we'll have now is kleptocracy like rvss.

It was already mostly that, but now it will be slightly worse, because EVEN-dumber people are in control.

Offline noisyturtle

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Re: The 2025 Republican Wealth Bill is Much Worse Than 2017
« Reply #7 on: Thu, 03 July 2025, 16:45:26 »
What is really a shame is the heavy damage from this will not kick in for a couple years, and by that time the Dems will have surely taken back the House with all this corruption and racism going on, so they will get the blame from the stupids for millions of Americans getting their healthcare axed. Sick and disgusting game, playing with people's lives. They truly do not give a **** about poor and middle class, and any non-white male.

Miller needs to go back to the smeghole he crawled out of. He needs to straight up not exist anymore.

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Re: The 2025 Republican Wealth Bill is Much Worse Than 2017
« Reply #8 on: Thu, 03 July 2025, 18:56:40 »
NT needs to stop reading mainstream media. That is not what's happening AT ALL.

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Re: The 2025 Republican Wealth Bill is Much Worse Than 2017
« Reply #9 on: Fri, 04 July 2025, 05:51:35 »
It Is Done.

All that is left now is the  FAFO  fallout.

Yep, this one is gonna be nasty too. Although it falls in line with what the wealthy want. They could literally care less if the fallout of them "protecting" their wealth literally destroys the earth itself, they got doomsday bunkers they have to figure out a way to use anyways...

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Re: The 2025 Republican Wealth Bill is Much Worse Than 2017
« Reply #10 on: Fri, 04 July 2025, 22:24:42 »
Doomsday bunkers don't work.

The problem is the "Wealthy" aren't much smart than the average.  They're only slightly smarter, + the luck in their corner.



Even with that luck, our species cognition is 5-10 years. No one has a 100 year plan, and yet all the problems humanity faces require 100-1000 year solutions.

It takes 10,000 years to reverse 4m of sea level rise, AT, PRE-Industrial Co2 levels.


That is to say, it's pretty much over.

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Re: The 2025 Republican Wealth Bill is Much Worse Than 2017
« Reply #11 on: Sat, 05 July 2025, 08:35:40 »
Doomsday bunkers don't work.

The problem is the "Wealthy" aren't much smart than the average.  They're only slightly smarter, + the luck in their corner.



Even with that luck, our species cognition is 5-10 years. No one has a 100 year plan, and yet all the problems humanity faces require 100-1000 year solutions.

It takes 10,000 years to reverse 4m of sea level rise, AT, PRE-Industrial Co2 levels.


That is to say, it's pretty much over.


Wasn't arguing that they'll work or are the play to save themselves, just saying what the uber wealthy are probably thinking.

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Re: The 2025 Republican Wealth Bill is Much Worse Than 2017
« Reply #12 on: Sat, 05 July 2025, 08:36:10 »
Whoops my pressed the wrong thing on my phone & accidently quoted myself...
« Last Edit: Sat, 05 July 2025, 08:37:49 by Rob27shred »

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Re: The 2025 Republican Wealth Bill is Much Worse Than 2017
« Reply #13 on: Sat, 05 July 2025, 09:04:16 »
They're not thinking. But thinking isn't the problem.

They have a set of requirements as figureheads of "a system" of encumbrance.

The system "rewards" growth,  is "blind" to energy costs, and completely disregard "ecological damage", which by definition is uncounted and therefore invisible to "the economy".


There is only 1 outcome to this system, As is.

A living tree
A living whale
Clean Air

None of these things are priced for.  So we live now at the tail end of a dead planet, a dead ocean, and unbreathable pollution.

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Re: The 2025 Republican Wealth Bill is Much Worse Than 2017
« Reply #14 on: Sat, 05 July 2025, 09:50:32 »
They're not thinking. But thinking isn't the problem.

They have a set of requirements as figureheads of "a system" of encumbrance.

The system "rewards" growth,  is "blind" to energy costs, and completely disregard "ecological damage", which by definition is uncounted and therefore invisible to "the economy".


There is only 1 outcome to this system, As is.

A living tree
A living whale
Clean Air

None of these things are priced for.  So we live now at the tail end of a dead planet, a dead ocean, and unbreathable pollution.


You really got a flair for the dramatic you know that TP... Honestly you are dead wrong here, sure we're definitely not doing our due diligence as humans to protect Earth but think about all the planet & life has survived before we were even close to evolving. If they can survive massive meteoroid impacts, flood basalts, the complete chemical remake of the atmosphere, etc. I think it'll do just fine with whatever we can throw at it. The planet & life itself will be around long after we've wiped ourselves out. I am not condoning the damage we have done to the planet & it's ecosystems that are currently around, but I am pointing out the fact that you are grossly overstating what the fall out of humans on this planet will be. At this point we really don't know how much or how little of climate change is due to our activities, we just know we're contributing to the changes we are seeing. Let's not forget even right now we're still technically at the end of the last ice age & Earth has been historically way hotter than it is right now, that the oxygen we breathe was an extinction level event for most life on the planet when it was made by the first life that used photosynthesis, etc. I honestly doubt we could do enough damage before wiping ourselves out to effect the planet & life on it for more than a few hundred years.

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Re: The 2025 Republican Wealth Bill is Much Worse Than 2017
« Reply #15 on: Sat, 05 July 2025, 09:57:36 »
Crossing ecological boundaries isn't Instant-Death.

It's a growing agony when the system we're used to falls apart.

Energy prices will be between 6-10x what it is now.  The entirety of the current accounting system which counts land assets will fail.

Most of us will live like peasants. The middle class will be desolved.

Air conditioners will exist, but the vaste majority will not be able to afford running them.

This is not dramatic, this is within a 30 year projection.  The EROI of oil which underpins modern society has reduced rapidly. 2.5x the wells, but our production rate is still falling.



We are very near the end.

Offline fohat.digs

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Re: The 2025 Republican Wealth Bill is Much Worse Than 2017
« Reply #16 on: Sat, 05 July 2025, 10:14:59 »

the system we're used to falls apart.


This is the crux of the matter.

A meter of sea level rise will severely disrupt modern civilization as we know it. A few degrees of warming will turn vast swaths of farm land into desert.

Our planet will have a very difficult task supporting 8 billion people.

"Starting in 2011, the deficits again started to shrink. During Obama’s term  the deficit was reduced by $900 Billion  before finally in 2015 the GOP managed to wrangle a “reconciliation” bill out of Obama where he again cut corporate taxes, as well as made permanent some of George W. Bush’s original tax cuts. This is the year everything reversed. Before this, under Clinton, Bush and Obama the deficit in almost every year was gradually decreasing. The balance we had of taxes and the economy was bringing the deficit down, the money coming in was slowly catching up with the money going out until 2015. Trump’s subsequent tax cut has continued the new trend even after the rest of Bush’s cuts have since expired. Obama had an average GDP of 2.3%, with 11.6 million jobs created and unemployment peaking at 10% in 2009, then falling to 4.3% in 2016. If we had continued on that downward deficit track, we would have again reached balance and another surplus in 2017-2018.
– Frank V Walton 2025-07-01

Online Rob27shred

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Re: The 2025 Republican Wealth Bill is Much Worse Than 2017
« Reply #17 on: Sat, 05 July 2025, 10:21:45 »
Crossing ecological boundaries isn't Instant-Death.

It's a growing agony when the system we're used to falls apart.

Energy prices will be between 6-10x what it is now.  The entirety of the current accounting system which counts land assets will fail.

Most of us will live like peasants. The middle class will be desolved.

Air conditioners will exist, but the vaste majority will not be able to afford running them.

This is not dramatic, this is within a 30 year projection.  The EROI of oil which underpins modern society has reduced rapidly. 2.5x the wells, but our production rate is still falling.



We are very near the end.


That's my point exactly WE are at risk, not the planet or life itself.

Offline Leslieann

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Re: The 2025 Republican Wealth Bill is Much Worse Than 2017
« Reply #18 on: Sat, 05 July 2025, 10:22:03 »
The problem is the "Wealthy" aren't much smart than the average.  They're only slightly smarter, + the luck in their corner.

Not any smarter at all just better educated. It's just easier to seem smart when you have money, especially in the U.S..
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Online tp4tissue

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Re: The 2025 Republican Wealth Bill is Much Worse Than 2017
« Reply #19 on: Sat, 05 July 2025, 10:46:40 »
The problem is the "Wealthy" aren't much smart than the average.  They're only slightly smarter, + the luck in their corner.

Not any smarter at all just better educated. It's just easier to seem smart when you have money, especially in the U.S..

General intelligence is highly hereditary, which is why it's one of the traits women are extremely sensitive to in selection.

We are NOT born all the same. The distribution is also very different between different races/ geographical regions.

That is not to say, a less intelligent person is less important.

Suppose you need a soldier,  A highly intelligent/empathetic person would make a crap soldier because he would hesitate to kill someone.

Whereas, a low intelligence/psychotic person would have no trouble at the task.

Throughout the evolutionary epoch, a BALANCE of traits and distributions is what ensures survival.

There are no singular trait or combination of traits which excel at every niche. Adaptation is required.


LLann is talking about academic performance, while it is correlated with Intelligence, test beating can be trained, so it's not universally indicative of high intelligence.

 

Offline noisyturtle

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Re: The 2025 Republican Wealth Bill is Much Worse Than 2017
« Reply #20 on: Sat, 05 July 2025, 13:12:20 »
People overlook how many ultra-wealthy come from very wealthy families. No regular person is going to be able to take out a million $$ loan in their 20s/30s, you need to have a cosigner. Their definition of bootstraps is having had a Summer job once at 16, paying your way into an Ivy League school, then having daddy pay for their first business loan.

Offline fohat.digs

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Re: The 2025 Republican Wealth Bill is Much Worse Than 2017
« Reply #21 on: Sat, 05 July 2025, 13:59:31 »

how many ultra-wealthy come from very wealthy families.


The ultra-wealthy squeal bloody murder about inheritance taxes, they call them "death taxes" when those taxes are actually the least painful and "easiest" to pay of all taxes (particularly when the "floor" is set high, today I think it is about the first $2 Million that is not taxed at all). Kind of like how payroll taxes come out of your check before you ever see the money - make it simple.

Of course, inheritance and capitol-gains taxes were first on the chopping block under Reagan, and every other Republican since.
"Starting in 2011, the deficits again started to shrink. During Obama’s term  the deficit was reduced by $900 Billion  before finally in 2015 the GOP managed to wrangle a “reconciliation” bill out of Obama where he again cut corporate taxes, as well as made permanent some of George W. Bush’s original tax cuts. This is the year everything reversed. Before this, under Clinton, Bush and Obama the deficit in almost every year was gradually decreasing. The balance we had of taxes and the economy was bringing the deficit down, the money coming in was slowly catching up with the money going out until 2015. Trump’s subsequent tax cut has continued the new trend even after the rest of Bush’s cuts have since expired. Obama had an average GDP of 2.3%, with 11.6 million jobs created and unemployment peaking at 10% in 2009, then falling to 4.3% in 2016. If we had continued on that downward deficit track, we would have again reached balance and another surplus in 2017-2018.
– Frank V Walton 2025-07-01