The American Human: GOP Finally Has the Math! Permanent Tax Cuts for the Rich and Corporations, Tax Hikes for the Middle Class (Bonus! Dump 15 Million's Healthcare)

Wednesday, November 15, 2017

GOP Finally Has the Math! Permanent Tax Cuts for the Rich and Corporations, Tax Hikes for the Middle Class (Bonus! Dump 15 Million's Healthcare)

To make the big ticket items in the Tax Cuts and Jobs Act permanent (and affordable to the budget), most of the individual (and paltry) cuts for the middle class expire within the ten-year window. What horrifying gall.

By phasing out what helps the poor, working, and middle classes within the ten-year window in order to pass the bill under reconciliation rules that allow a simple (Republican) majority, it allows the bill to make permanent the large tax cuts for the rich. The graph above tells it all. What a travesty.

For words to tell the story, read this, this, and this.

And check out this tweet and its thread:

Words fail me re. the depravity of taking away 15 million people's health insurance (and causing huge premium rises for millions more), just to fund the grotesque passthrough travesty. No decent human being could possibly support this.
— Daniel Shaviro (@DanielShaviro) November 15, 2017

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My General Principles

1. Civilized societies require the rule of law.
2. Science is my preferred method for examining and understanding reality.
3. Religion is superstition.
4. An educated society is a healthy society.
5. Democratic governments are by their very nature socialist.
6. Market economies are by their very nature capitalist.
7. Markets are not (entirely) efficient or rational and thus require regulation.
8. Don’t confuse politics with public policy.
9. Civil discourse requires rational argument, even if yelling or stomping your feet or name-calling is more fun.
10. If you consider making stuff up a viable tactic, you are disallowed from civil discourse.
11. Puritanism is America’s original sin.
12. Income redistribution is good for society, hoarding is not.
13. Everybody, from time to time, needs help.

About the American Human

The American Human is written by Calvin Ross, a retired teacher who at various points in life has been a musician, woodworker, restaurateur, narrator, English teacher in Japan, novelist, technology journalist, and private tutor to Japanese children here in the U.S.

Happily residing in the wine country of Sonoma County north of San Francisco, Calvin has lived in the Philippines, the Netherlands, and the aforementioned Japan, as well as in Chicago, Colorado, Georgia, and many different towns in California, including, of all places, the Mojave Desert.

Calvin, you may note quickly, is a liberal progressive who doesn't think being called a socialist is all that bad, especially since he sort of would like living in Denmark if it weren't so cold. He blogs because he can.