always liked Paul Krugman.
I'd like to meet him someday if I could.
They want to put your children and your children's children in poverty for generations to come.
"So this isn’t just ordinary class warfare; it’s class warfare aimed at perpetuating inequality into the next generation. Taken together, the elements of both the House and the Senate bills amount to a more or less systematic attempt to lavish benefits on the children of the ultra-wealthy while making it harder for less fortunate young people to achieve upward social mobility."
"Top-down class warfare, coupled with false claims to be cutting taxes on the middle class, has been standard G.O.P. operating procedure for a long time."
"Tax breaks that phase in or out to make the 10-year budget impact look smaller? Check.
Misleading examples and calculations to give the false impression of a tax cut for the middle class? Check. Pretending that tax cuts come free, that they won’t eventually have to be offset by cuts to popular programs? Check, again
"But there are also some new aspects to this latest money grab. This time around, much more clearly than before, the goal seems to be to favor wealth, especially inherited wealth, over work. And buried in the legislation are multiple measures that would make it much harder for the children of the middle and working classes to work their way up."
"The prime example is the way G.O.P. plans would eliminate or sharply reduce taxes on inherited wealth, which currently apply only to a tiny number of huge estates. Yes, Republicans are still pretending that this is about helping small family businesses and family farms, but at this point that’s a sick joke: The best estimates suggest that only around 80 — eight-zero — of such businesses and farms pay any estate tax each year. This is about making wealthy heirs even wealthier — full stop."
"the House bill doesn’t just raise taxes on many middle-class families: It selectively raises taxes on families with children. In fact, half — half! — of families with children will see a tax hike once the bill is fully phased in."
"Suppose that a child from a working-class family decides, despite limited financial resources, to attend college, probably taking out a loan to help pay tuition. Well, guess what: Under the House bill, that interest would no longer be deductible, substantially raising the cost of college."
"What if you’re working your way through school and your employer contributes toward your education expenses? The House bill would make that contribution taxable income."
"What if your parent is a university employee, and you get reduced tuition as a result? That tuition break becomes taxable income. So would tuition breaks for graduate students who work as teaching or research assistants."
"So what we’re looking at here are a variety of measures that will close off opportunities for children who weren’t clever enough to choose wealthy parents."
"Meanwhile, funding for the Children’s Health Insurance Program, which covers more than eight million children, expired a month and a half ago — and so far, Republicans have made no serious effort to restore it. This is surely the shape of things to come: If tax cuts pass, and the deficit explodes, the G.O.P. will suddenly decide that deficits matter again and will demand cuts in social programs, many of which benefit lower-income children."
Nicholas was on K-CHIP when we were eligible.
How many of these fucking right wing reactionaries do you think ever even met a person whose child was on a state insurance plan?
But we got our guns and were gonna eliminate abortion right?
It's what I've been trying to tell people for years, those two issues are merely smokescreens so they can screw you and your family over in the manner just described above.
Sickening that they even attempt to do it, more sickening because people allow it to happen.
Billionaires gonna help the working class.
Why on earth would anybody ever start to believe that?
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