Here's How The GOP Is CHEATING You With The New Tax Bill

in #dtube6 years ago


In this Majority Report clip, David Dayen joins me to discuss the horrible GOP tax bill that's about to become law in America. Dayen and I discuss how this new tax code will incentivize Americans to game the tax system become corporations themselves. For those still uncertain of what happens when you cut taxes and increase spending look no further than what happened with Kansas under Sam Brownback where popular programs were cut after S-corp loopholes led to a huge deficit in the state budget.

Although states cannot have deficits, at the federal level "the deficit" is often the argument used to cut unwanted spending programs namely entitlements. Do you think we will benefit from the tax bill?


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Is Mega Vests a unit equivalent to 1 Sam Seder sweater vest?

they are money whores and the bastards of jezebel / i made a similar post, peace bro

Paul Ryan's dab is way better than @SamSeder's.

Get Tim Black to Steemit and take him down, again.

Dayen is a legend. That dude just don't stop investigating and writing. He makes coffee look like a depressant.

While I respect your intent to solve social problems, I disagree with your approach and methodology. Raising taxes (for anyone, rich or poor) reduces the natural ability of the free market to provide the best quality and quantity of goods and services (including labor) to where they are needed most. Government, by taxation, seeks to heal a wound, by inflicting some other wound (and always to the benefit of congressmen who are not reigned in by term limits).

I feel like you'd be doing more effective good by promoting things like term limits rather than doing what appears to be an attempt to eviscerate tax cuts largely because they were GOP crafted. I would support ANY party which sought to reduce government interference in the free market, reduce laws, reduce government itself, and allow natural good to emerge unfettered by regulation and legalized theft (taxation).

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You should definitely call the show.

Yes! @jbgarrison call into the Majority Report we're live at 12pm EST today Here's our number, hope to hear from you! 1 646 257 3920

blah blah ... there will never be any free markets until the mercantilist are all extinct and we're in a truly scientific civ ... as it is we have to fight to redistribute wealth or there will be 1,000 oligarchs over all... oh wait, there already are !

@clumsysilverdad, is it the mcercantilists... or the political organizations you fund with your tax money that subsidize and sustain those mercantilists? What is a corporation? Is it a person which can be good or evil, or rather is it the strawman created by the government to shelter and protect would-be evil doers? Blah blah is not the response I'm looking for, but your statement about mercantilists is worth addresssing.

i think we are saying some of the same things... i like libertarians in general, but they have this magic fairy belief that something is going to keep the environment-labor-nations clean and blissful on their own, it just doesn't happen like that unless those values are clearly enshrined by a progressive government... humans are lazy and dirty followers if not educated and instilled with worthy values

My belief hinges on the idea that if a person individually is capable of great evil... collectively, the evil far exceeds the sum of its constituents.

Quite interesting and educative content. Good one.

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