Michael Linden is a Fellow at the Roosevelt Institute and the Policy and Research Director at the Hub Project, a progressive organization that works to reform the tax code to benefit all Americans instead of just a few of the wealthy
For the benefit of scale, here it is with months added:
I mean....they're going to fix all this stuff and then pass it, folks
I expect so too because they already got their feet in the door, but they're going to have to redo a bunch of math in the process, all while it polls worse and worse.
The CEO of one of the nation’s largest coal companies ripped the Senate tax-reform bill, saying late changes to the bill would “wipe out” coal mining jobs.
Robert Murray, founder and CEO of Murray Energy, said Tuesday that the tax hike on coal mining firms that would result from the changes would cancel out progress that President Trump has made on reviving the coal industry, according to CNN.
“We won’t have enough cash flow to exist,” Murray told CNNMoney. “This wipes out everything that President Trump has done for coal.”
But keeping the alternative minimum tax, and the imposition of new limits on the interest deductions that businesses can mark off, would cost Murray Energy $60 million in taxes, Murray told CNN.
This is hilarious.
Just something on background, that always makes me laugh.
This is the same Robert Murray, of Murray Energy, that's suing John Oliver and HBO/Last Week Tonight for libel.
Eat at Arby’s, Bob. Kiss my ass.
FTFY
How's that different from what I wrote?
Thatsthejoke.jpg
:P
Battlenet ID: MildC#11186 - If I'm in the game, send me an invite at anytime and I'll play.
If it takes long enough, theoretically we could only need Collins or Flake to flip. I dunno how quickly Jones could be seated if he wins that race.
As late as McConnell can possibly arrange.
Wait.
He gets to control this?
Is this going to be another Supreme Court fucking appointment where he's just going to ignore that it's supposed to happen?
Look at the bullshit they pulled when the Dems were trying to assemble their supermajority by seating Al Franken, and that was when the Pubs were in the minority.
If it takes long enough, theoretically we could only need Collins or Flake to flip. I dunno how quickly Jones could be seated if he wins that race.
I think it's very optimistic to expect Doug Jones to win.
Optimistic, but special election turnout with a scandal plagued candidate is almost entirely unpredictable. It's definitely possible, which is why they are rushing this.
Self-righteousness is incompatible with coalition building.
If it takes long enough, theoretically we could only need Collins or Flake to flip. I dunno how quickly Jones could be seated if he wins that race.
I think it's very optimistic to expect Doug Jones to win.
Optimistic, but special election turnout with a scandal plagued candidate is almost entirely unpredictable. It's definitely possible, which is why they are rushing this.
True, but between an accused child molester and a *shudder* democrat, I think most Alabamans will find the choice obvious.
@realDonaldTrump I'm the most Senior member of Senate Finance Comm I was dropped as Conferee So I won't be in front line fighting for what u and I believe to cut taxes
@realDonaldTrump I'm the most Senior member of Senate Finance Comm I was dropped as Conferee So I won't be in front line fighting for what u and I believe to cut taxes
While I do get his point, I'm glad his fee-fee's are hurt. Fuck him, and every one of these assholes that voted for this abomination, and now have to scramble to fix the very problem that could have been avoided by not trying to jam this through in the cover of the night.
Wouldn't have happened if you'd used regular order, treated the Democrats as the opposition and not the enemy, and worked towards making a tax plan that wasn't just a giveaway to the rich, that you'd be fine with the public seeing and weighing in on.
If it takes long enough, theoretically we could only need Collins or Flake to flip. I dunno how quickly Jones could be seated if he wins that race.
I think it's very optimistic to expect Doug Jones to win.
Optimistic, but special election turnout with a scandal plagued candidate is almost entirely unpredictable. It's definitely possible, which is why they are rushing this.
True, but between an accused child molester and a *shudder* democrat, I think most Alabamans will find the choice obvious.
The fact that this race is so close in Alabama of all places, suggests that it’s not so obvious.
As a side note, Republicans plan to use the tax plan as a reason why people shouldn't be on welfare anymore.
Other House Republicans similarly argued that there would be “no excuses” for poor Americans to need welfare once economic growth took hold.
“Once we light this economy up, my brother, there’s going to be jobs for everybody. So there will be no excuses for anyone who can work to sit at home and not work,” Rep. Clay Higgins (R-La.) said. “If we pass tax reform, we have to have welfare reform. When you have a vibrant economy, there’s no reason for Americans to suffer on welfare.”
As a side note, Republicans plan to use the tax plan as a reason why people shouldn't be on welfare anymore.
Other House Republicans similarly argued that there would be “no excuses” for poor Americans to need welfare once economic growth took hold.
“Once we light this economy up, my brother, there’s going to be jobs for everybody. So there will be no excuses for anyone who can work to sit at home and not work,” Rep. Clay Higgins (R-La.) said. “If we pass tax reform, we have to have welfare reform. When you have a vibrant economy, there’s no reason for Americans to suffer on welfare.”
As a side note, Republicans plan to use the tax plan as a reason why people shouldn't be on welfare anymore.
Other House Republicans similarly argued that there would be “no excuses” for poor Americans to need welfare once economic growth took hold.
“Once we light this economy up, my brother, there’s going to be jobs for everybody. So there will be no excuses for anyone who can work to sit at home and not work,” Rep. Clay Higgins (R-La.) said. “If we pass tax reform, we have to have welfare reform. When you have a vibrant economy, there’s no reason for Americans to suffer on welfare.”
That quote might be the most delusional thing I've seen on the bill this week.
I was about to suggest that it wasn't delusional, it was intentionally misleading, but then I saw that it came from House republicans, so yeah, it's delusion.
As a side note, Republicans plan to use the tax plan as a reason why people shouldn't be on welfare anymore.
Other House Republicans similarly argued that there would be “no excuses” for poor Americans to need welfare once economic growth took hold.
“Once we light this economy up, my brother, there’s going to be jobs for everybody. So there will be no excuses for anyone who can work to sit at home and not work,” Rep. Clay Higgins (R-La.) said. “If we pass tax reform, we have to have welfare reform. When you have a vibrant economy, there’s no reason for Americans to suffer on welfare.”
Hooray for not understanding the underlying issues that face your economy
Or anything about the economy really. The guy is acting like we've got 10% U3 or something.
You know what's great...i don't know what that means, but like a cinnamon toast crunch commercial, even I can see that our lack of jobs is not due to a lack of money in the upper strata of our economy.
I would like someone to ask (on the senate floor) exactly what the number is. What is the amount of wealth that the rich and the corporations need before the other 95% start seeing it?
ButtersA glass of some milksRegistered Userregular
I wish more people would understand that nobody thinks welfare is great or that being on welfare is great. What welfare is better than is the alternative which is poor children starving to death in the streets.
I wish more people would understand that nobody thinks welfare is great or that being on welfare is great. What welfare is better than is the alternative which is poor children starving to death in the streets.
There's lots of people who literally believe no one has ever starved in the US.
and prior to SS elder homelessness never happened because families all took in their parents
@realDonaldTrump I'm the most Senior member of Senate Finance Comm I was dropped as Conferee So I won't be in front line fighting for what u and I believe to cut taxes
He can use his newfound free time to spend his money on booze, women, and movies.
As a side note, Republicans plan to use the tax plan as a reason why people shouldn't be on welfare anymore.
Other House Republicans similarly argued that there would be “no excuses” for poor Americans to need welfare once economic growth took hold.
“Once we light this economy up, my brother, there’s going to be jobs for everybody. So there will be no excuses for anyone who can work to sit at home and not work,” Rep. Clay Higgins (R-La.) said. “If we pass tax reform, we have to have welfare reform. When you have a vibrant economy, there’s no reason for Americans to suffer on welfare.”
As a side note, Republicans plan to use the tax plan as a reason why people shouldn't be on welfare anymore.
Other House Republicans similarly argued that there would be “no excuses” for poor Americans to need welfare once economic growth took hold.
“Once we light this economy up, my brother, there’s going to be jobs for everybody. So there will be no excuses for anyone who can work to sit at home and not work,” Rep. Clay Higgins (R-La.) said. “If we pass tax reform, we have to have welfare reform. When you have a vibrant economy, there’s no reason for Americans to suffer on welfare.”
Hooray for not understanding the underlying issues that face your economy
Or anything about the economy really. The guy is acting like we've got 10% U3 or something.
Or that welfare even exists anymore. TANF has been a thing since before I could work. Plus, you don't have welfare for when the economy is running hot, you have it for when it inevitably stumbles. Automatic stabilizers are important because Andrew Mellon was wrong.
+12
Options
daveNYCWhy universe hate Waspinator?Registered Userregular
As a side note, Republicans plan to use the tax plan as a reason why people shouldn't be on welfare anymore.
Other House Republicans similarly argued that there would be “no excuses” for poor Americans to need welfare once economic growth took hold.
“Once we light this economy up, my brother, there’s going to be jobs for everybody. So there will be no excuses for anyone who can work to sit at home and not work,” Rep. Clay Higgins (R-La.) said. “If we pass tax reform, we have to have welfare reform. When you have a vibrant economy, there’s no reason for Americans to suffer on welfare.”
Hooray for not understanding the underlying issues that face your economy
Or anything about the economy really. The guy is acting like we've got 10% U3 or something.
You know what's great...i don't know what that means, but like a cinnamon toast crunch commercial, even I can see that our lack of jobs is not due to a lack of money in the upper strata of our economy.
U3 is the standard unemployment number. BLS publishes U1-U6, each category covering more people. U4-U6 covers unemployed people plus various flavors of underemployeed.
Main thing is that the unemployment rate in the US was 4.1% in October. That doesn't mean great jobs, just that there are jobs. 4.1% is rocking close to full employment, which is why the fed has been raising interest rates and why this idiot congresscritter is so freaking wrong about how tax reform will generate heaps of jobs so that people won't have to sit at home or whatever the hell he's gibbering about.
Shut up, Mr. Burton! You were not brought upon this world to get it!
alot of the workforce participation drops was people in their 50s and 60s who lost jobs in 2008. No one wants to hire people that old so they end up just riding out the last few years until they get Medicare and SS
Posts
Michael Linden is a Fellow at the Roosevelt Institute and the Policy and Research Director at the Hub Project, a progressive organization that works to reform the tax code to benefit all Americans instead of just a few of the wealthy
For the benefit of scale, here it is with months added:
Spoilered for zomg huge, legible version:
They will pass something. But it's starting to look like they won't get nearly as strong a bill as they wanted.
The harder the rain, honey, the sweeter the sun.
Yeah but they won't be able to do it under the cover of darkness without anyone knowing what they are doing before it is too late.
they just donated $170,000 to the campaign of a child molester
they don't care who knows what they're doing or why
I expect so too because they already got their feet in the door, but they're going to have to redo a bunch of math in the process, all while it polls worse and worse.
fair point
I love that the red appears to actually be hand written instead of typed as well.
And unlike the tax bill, one can actually read it!
Imagine that.
http://alexanderlozada.com/iasip/?IlRoZSBHYW5nIFJld3JpdGVzIFVTIFRheCBDb2RlIg==
Thatsthejoke.jpg
:P
Battlenet ID: MildC#11186 - If I'm in the game, send me an invite at anytime and I'll play.
As late as McConnell can possibly arrange.
Wait.
He gets to control this?
Is this going to be another Supreme Court fucking appointment where he's just going to ignore that it's supposed to happen?
Look at the bullshit they pulled when the Dems were trying to assemble their supermajority by seating Al Franken, and that was when the Pubs were in the minority.
I think it's very optimistic to expect Doug Jones to win.
Optimistic, but special election turnout with a scandal plagued candidate is almost entirely unpredictable. It's definitely possible, which is why they are rushing this.
True, but between an accused child molester and a *shudder* democrat, I think most Alabamans will find the choice obvious.
Wouldn't have happened if you'd used regular order, treated the Democrats as the opposition and not the enemy, and worked towards making a tax plan that wasn't just a giveaway to the rich, that you'd be fine with the public seeing and weighing in on.
The fact that this race is so close in Alabama of all places, suggests that it’s not so obvious.
https://www.washingtonpost.com/news/wonk/wp/2017/12/06/house-republicans-welfare-restrictions-are-needed-for-the-economy-to-grow/
Hooray for not understanding the underlying issues that face your economy
Or anything about the economy really. The guy is acting like we've got 10% U3 or something.
I was about to suggest that it wasn't delusional, it was intentionally misleading, but then I saw that it came from House republicans, so yeah, it's delusion.
You know what's great...i don't know what that means, but like a cinnamon toast crunch commercial, even I can see that our lack of jobs is not due to a lack of money in the upper strata of our economy.
I'd be interested in the answer
There's lots of people who literally believe no one has ever starved in the US.
and prior to SS elder homelessness never happened because families all took in their parents
He can use his newfound free time to spend his money on booze, women, and movies.
Steam ID XBL: JohnnyChopsocky PSN:Stud_Beefpile WiiU:JohnnyChopsocky
Higgins is an accelerationist?
Sort of. A lot of people are underemployed or left the work force.
But not as many as he thinks.
Or that welfare even exists anymore. TANF has been a thing since before I could work. Plus, you don't have welfare for when the economy is running hot, you have it for when it inevitably stumbles. Automatic stabilizers are important because Andrew Mellon was wrong.
U3 is the standard unemployment number. BLS publishes U1-U6, each category covering more people. U4-U6 covers unemployed people plus various flavors of underemployeed.
Main thing is that the unemployment rate in the US was 4.1% in October. That doesn't mean great jobs, just that there are jobs. 4.1% is rocking close to full employment, which is why the fed has been raising interest rates and why this idiot congresscritter is so freaking wrong about how tax reform will generate heaps of jobs so that people won't have to sit at home or whatever the hell he's gibbering about.
If you create a bunch of tech jobs that require advanced education, you can't just stick a laid off factory worker in there.