Tag Archive for tax cuts

Sinking The Middle Class

The news is out on the Trump’s tax cuts and…surprise, surprise – refunds for the middle class are down and it appears the tax cuts only benefited the top 1% percent of Americans. But how can this be? American CEO/Dictator Donald Trump promised that every one would benefit. Could it be that Trump lied? Given that he’s gone over the 10, 000 lie mark just over two years into his presidency, YES, OF COURSE HE LIED!!!

We’ve commented before about how poor people view themselves as temporarily embarrasses millionaires and are cajoled into voting against their own self-interests by right wing propagandists, like Fox News, blaming everyone else but the real culprits (plutocratic capitalists) for their conditions. The scapegoats are always the same: minorities, people of color and people of different religions other than christianity – you know, people who are ‘different’. So these right wing, racist, conservative christians, although they are in the same boat financially as blacks, hispanics, other non-whites, Muslims, Hindus, Buddhists and atheists, will support politicians who create laws and policies that decimate the middle class and make their own lives even tougher. For example, the Trump administration has destroyed consumer protection regulations which make it harder for Americans to stand up for their rights and easier for corporations to do whatever the hell they want with no repercussions. With higher insurance premiums and no voice to change them, we’re all getting screwed. But it doesn’t matter to the racist Trump supporters, because at least non-whites are not becoming better off than them. So much winning. . . for corporations and plutocrats!

Trump supporters, despite being in the same boat financially as non-whites, amazingly vote against their own self interest for Republican lackeys who adopt laws and policies which reward plutocrats handsomely while simultaneously sinking the middle class.
Trump supporters, despite being in the same boat financially as non-whites, amazingly vote against their own self interest for Republican lackeys who adopt laws and policies which reward plutocrats handsomely while simultaneously sinking the middle class.

Ryan The Rat Jumps Ship

Paul Ryan made big news recently by announcing that he will not be seeking re-election for his congressional seat, thus ending his reign of mediocrity as Speaker of the House. Of course, this is after he emphatically denied rumors he was going to resign. We’ve had nothing but contempt for this Ayn Rand acolyte ever since he was Spiff Romney’s vice-presidential choice back in 2012. Go ahead: check our archives. Now, claiming that he wants to ‘spend more time with his family’, it’s obvious that he wants to jump clear of the exploding clusterf*ck that is the Trump administration, which he supported despite weak and ineffectual statements to the contrary.

Ryan proudly claims that he’s achieved what he wanted to do so it’s time to go home. But his dubious achievement is a tax cut which will only benefit the wealthiest Americans, add 1.9 trillion dollars to the deficit and burden most Americans in the future with the bill that they really can’t afford. This from a supposed fiscal hawk who cried and whined that Obama was adding to the deficit with Obamacare and then when Republicans seized power, they immediately augment it. So between Bush’s idiotic war in Iraq and Trump’s tax cuts, we’re talking close to four trillion dollars added to the deficit by Republicans, who are supposed to be the masters at fiscal responsibility. What a bunch of hypocrites!

Paul Ryan has been nothing but a lackey for the plutocrats of corporate America. We here at the Bucket would just like to say good riddance and don’t let the door hit your greedy, feckless ass on the way out.

Speaker of the House and Ayn Rand acolyte, Paul Ryan, plans to jump off the GOP sinking ship now that he's achieved his dream of giving plutocrats a huge tax break while burdening America with debilitating debt for decades to come

Speaker of the House and Ayn Rand acolyte, Paul Ryan, plans to jump off the GOP sinking ship now that he’s achieved his dream of giving plutocrats a huge tax break while burdening America with debilitating debt for decades to come.

Making Those Poor Plutocrats Richer

As expected, the Republican corporate lackeys passed their ugly tax bill early Saturday morning by a 51-49 vote much to the delight of their plutocrat benefactors. This tax cut plan, which benefits mostly the 1%ers, including America’s CEO/Dictator, Donald Trump, is being negatively received by mostly everyone. It also cuts the corporate tax rate from thirty-five percent to a mere twenty percent. But despite all the crowing by Republican corporate lackeys, the bill doesn’t stand up to scrutiny, which is one reason why they’re trying to jam it through. But the GOP had to also act quickly on the tax cut bill because Trump may not be available for much longer with Michael Flynn pleading guilty of lying to the FBI on Friday, and Trump tweeting that he knew Flynn lied which means he admits to obstruction of justice. Hence, another reason for rushing even though it was mostly unreadable (see Montana Senator Jon Tester’s video noting the shoddiness of the rewrites).

What’s astonishing is that there are people, a.k.a Trump supporters, a.k.a. rubes, who still believe the myth of trickle down economics. When the rich get money, they don’t let it leave their greedy little hands. They’re not going to invest it; they keep it or spend it on their favorite people; themselves. To illustrate this point, Iowa senator Chuck Grassley stated “I think not having the estate tax recognizes the people that are investing, as opposed to those that are just spending every darn penny they have, whether it’s on booze or women or movies.” Yeah, what about buying food, clothing, health care and the necessities of life, which are becoming more expensive thanks to the out of control greedy assholes like Grassley and his fellow Republicans in this country. We like the Young Turks commentary on this colossal jackass. But this is indicative of how all Republicans think of the middle class and poor. If we were Iowans who were among the 99%, we’d start a torch and pitchfork parade to Grassley’s farm for some up close and personal explanations and to possibly explain to Mr. Grassley how compassion for your fellow human beings actually works.

Some clueless Trump supporters, a.k.a. rubes, still believe that the plutocrats who own the Republican Party and will benefit the most from Trump's tax cuts, are actually going to let money trickle down to them.

Some clueless Trump supporters, a.k.a. rubes, still believe that the plutocrats who own the Republican Party and will benefit the most from Trump’s tax cuts, are actually going to let money trickle down to them.