KANSAS CITY CONGRESSMAN CLEAVER SHARES DISAPPOINTMENT IN TODAY'S GOP CORPORATE TAX BREAK BILL VOTE!!!
Update . . . They'll have to vote again tomorrow because of procedural screw-up.
Local reaction to BIG GOP WIN from Kansas City's top elected official . . . Highlights of local impact belong to TKC:
Congressman Cleaver Released the Following Statement Regarding the Passage of the GOP Tax Bill
(Washington, D.C.) – Today, Congressman Emanuel Cleaver, II voted in opposition to the Conference Report on H.R. 1 – the GOP Tax Bill.
“Today, Republicans in Congress voted to pass their tax bill which was written in secret and rushed through the House and Senate without any public hearings. This tax hike, wrapped in a bow and advertised as a gift for the American people, is a scam and middle class and poor families will pay the price. The bill will raise taxes on 86 million middle-class households and provide 83% of tax cuts to the wealthiest Americans.
In our state alone, Missouri will lose $500 million to $1 billion in state revenue. That impacts the quality of education our students receive, the amount of money we have to repair our roads and bridges, and on and on. In addition, because this tax bill repeals the individual mandate, it will increase health care costs for Missouri residents and cause 13 million people to lose health insurance.
I’m disappointed that Republicans’ first priority is tax breaks for the wealthy and corporations, rather than reauthorizing the Children’s Health Insurance Program (CHIP), funding community health centers, passing the DREAM Act, and providing disaster relief funding.”
Congressman Emanuel Cleaver, II (D-MO)
Fifth District of Missouri
#############
Developing . . .
The real reaction will be 2018 midterms. Here's hoping that the stock market and bitcoin stay roaring or there will be a lot of disappointed voters.
ReplyDeleteNot true the tax bill will help everyone. Cleaved why don't you pay back the loan on the bankrupt car wash and shut up.
ReplyDeleteI do not own a jet, Stock or commercial real estate.
ReplyDeleteIt does not HELP me.
ReplyDeleteButthurt sore loser Democrat snowflake melting down...again!
Liar,liar,liar. Cleaver is a liar.
ReplyDeleteNote that ALL demoncrats voted against giving you a tax cut.
ReplyDeleteWasn't Obamacare done the same way, behind closed doors and in secret? Got to pass it to know what's in it.
ReplyDeletethe tax bill is not perfect but it has a lot of good features.
ReplyDeleteone is that middle class people will finally catch a break.
You didn't read it that close did you
ReplyDeleteCleaver is feeding you a bunch of BULL. He is not an economist. If people have more money in there pocket many of them will spend it or save it.If they feel good about the economy they will keep the economy going. Some politicians want to scare you especially the uneducated. They need the votes. If the economy is smoking hot going into the next election. The Democrats will loose,
ReplyDeleteHasn't worked the three earlier times it was tried, thirty six years of not only failing to stimulate the economy and create jobs but creating severe economic disruptions every time!
ReplyDeleteGee, maybe it'll work this time though, right?
Cleaver all bent claiming this bill was done in secret meetings. Like I am sure if this indeed happen that Cleaver isn't guilty of the same. With Cleaver it's ok when he does it but if someone else does he gets bent and butthurt.
ReplyDelete7:22 THE unemployment rate is 4.5 percent. Those who want to work are working and people vote,with there pocket books. The G.F.P.WILL CLOSE AT THE END OF THE YEAR AT AROUND 4.5,PERCENT.
ReplyDeleteSorry typo that's G.D.P.
ReplyDeleteYes devaluation of the U.S. Dollar (I.E. "Inflation") is also a common thread after the past GOP Tax Cuts too.
ReplyDeleteThe devaluated had an estimated devalued dollar of 33 cents after the 1981-83 Reagan Tax Cuts and their 1987 Depression (sorry, typo, Recession) compare to its 1980 value.
If you cut taxes (Govt. Revenues), you HAVE to cut spending, but the GOP Congressional Majority and the White House have already announced plans for massive Defense spending (Navy and Air Force only, cuts to the Army budget). Reagan and Congress kept the economy propped up after 1983and tripled the Deficit.
Samey-samey in both the Bush (Elder and Lesser) administrations and slumps.
8:28 Your theory is based on a zero sum paradigm and leaves out myriad variables, but, whatever..., people are going to believe what they want.
ReplyDeleteThe results will be hard to deny.
Boom times are here to stay, for a while.
At least until there is more demographic change and Progressive Parasites who "vote for a living" suck the air out of the economy again, as happened when Obama was ruining and running the economy.
Anyone who believes the "stimulus" theory about this law is betting that the lessons of the past are all wrong. They would have to believe that the Great Depression did not happen. Likewise, the tax cut of the 1980's would have to have worked instead of failing. They would have to believe that Laffer Curve economics works, in spite of overwhelming evidence to the contrary. They would have to believe that corporations are more concerned about the common welfare than about profit.
ReplyDeleteThere must be a high percentage of respondents who have incomes over $400,000 a year. Either that or they are foolish.
The Tea Party got fucked in bigly way.
ReplyDeleteAt least $1.5 trillion of new debt.
Our tax dollars going straight to Wall Street bankers and multinational corporations. Why? To reward their years of shipping jobs overseas and tax dodging.
Not sad. Betrayed.
Sam Brownback's failed experiment now gets a chance to go nationwide.
ReplyDeleteBorrow, borrow, borrow and spend is great again.
We can't wait for those big raises from these generous corporations.
ReplyDeleteI'm sure Trump will throw a few billion from his real estate LLCs windfall to the peasants.
Where do I sign up for my tax free trust fund?
Welcome to the Trump depression.
ReplyDeleteThis is certainly not tax simplification. There will still be 70,000 pages of tax code, and now add even more loopholes.
ReplyDeleteAccountants and lawyers will be fully employed to help business owners setup shell LLCs needed to launder their money as pass-throughs that will reduce their rates from 39.6% to 25%.
Income is income. Business owners should pay from the same tax schedule as employees. Instead, the GOP is again picking winners and losers, and those that work for a living are the losers. Trump's "populism" is dead. I didn't realize that when Trump said he was helping the forgotten men, he was actually talking about CEOs.
Trump did win big, but not as president. The winner is his family's net worth. For the rest of his cult followers, I hope you can stretch that extra average of $17 a week to cover increased health care costs and inflation. Unless you are one of the really unlucky ones that lost deductions and is stuck with a tax increase. Everyone can get ready for the Social Security and Medicare cuts.
MAGAed right in the ass.
Emanuel, spending on such projects as the 18th and Vine district fuels these Republicans sentiment to downsize government and reduce spending. I am a life long Democrat and I am amazed at the wasteful spending of Kansas City.
ReplyDeleteWell now we all know what aunt Esther without the wig thinks LMAO . This dumbass needs to go away but his voting base seems incapable of cognitive thought so that is very unlikely.
ReplyDelete9:22, it takes a special talent to get so much wrong in one post. The Great Depression was not caused by an attempt to stimulate the economy through tax laws, the Laffer Curve is a mathematical measure not an economic theory, the 1980s reduction in tax rates did in fact result in more tax revenues, and corporations are in business to sell things at a profit and are not social welfare agencies.
ReplyDeleteOther than those, nice post.
Only democrats voted against giving you a tax break.
ReplyDeleteI got a thousand bucks that says Cleaver, the con man, won't be donating his tax break to the Federal Government. He damn sure did not demonstrate a knowledge of taxation effects when he was mayor.
ReplyDeleteCongressman Carwash just needs to shut the fuck up and pay his taxes.
ReplyDelete