The Stupid Party finally did sumpin’ right! They passed the tax reform bill and gave Americans a nice tax cut in 2018. Yannow how I know this is a good bill? Because of how the left has gone totally batshit crazy.
Rosie O’Piggo tried to bribe two Republican senators by offering them $2 million apiece to vote against the bill. This happens to be illegal but if charges are brought against her she’ll get off by being declared mentally ill.
Paul Krugman is against it. Right off the bat that tells you it’s a good piece of legislation. Krugman, like many others on the left are moaning about how it will increase the deficit by more than $1 trillion over ten years. Holy crap! That’s about $100 billion a year. This gnashing of teeth and rending of garments is by the people who increased the debt by $10 trillion over 8 years! Also, Krugman wrote many times that the reason the porkulus failed was because it wasn’t large enough. He said it should have been at least $1 trillion more. So the guy who sez $1 trillion over ten years is bad is the same dude who wanted the deficit to be over $2 trillion in 2009.
Schmuck Schumer said the Republicans would “rue the day” they passed this bill. We’ll see as Republicans will run on letting people keep more of their money.
Pocahontas railed about how this was raiding the treasury. Remember, Dimocrats think all of the money belongs to the gummint so letting people keep more of their money is “raiding the treasury”.
Ex-Speaker Blinky said…. Oh who really gives a damn about what she said?
Just in time for Christmas, the new talking Dimocrat doll. Pull the string and it sez, “Tax cuts for the rich.”
Not a single Dimocrat voted for the bill. That officially makes them the party of high taxes.
Due to the corporate tax cuts, companies are already giving bonuses to employees.
Germany companies are worried.
As President Donald Trump trumpets progress on a massive tax cut for US companies, German firms are increasingly worried the reforms could put the country’s vaunted export economy at a disadvantage.
“The sharp reduction in the corporate tax rate will give the US a massive competitive advantage,” said Christoph Spengel, the corporate tax expert at the Center for European Economic Research in Mannheim. “Tax competition will get a new dimension with Europeans forced to compete among themselves.”
US companies are already talking about repatriating a lot of the money they had stashed overseas because of our high corporate tax rates. When they bring it back they will pay a one time tax of 15.5% instead of the previous 35%. That will only help our already growing economy.
Thank you President Trump. Thank you Stupid Party for finally accomplishing sumpin’ this year.
MAGA!