Sunday, January 28, 2018

Kansas Experiment Redux: Koch Bros Back Prez Trump Tax Cut Agenda With Big Bucks

The legacy of supply-side economics in the Sunflower State ended the career of an unpopular politico and set off a bitter education battle . . . Here's a preview of round 2:

Industrialists Charles and David Koch to spend $20 million to promote Trump tax overhaul

The political network backed by conservative industrialists Charles and David Koch plan to spend $20 million to promote the tax overhaul recently signed into law by President Donald Trump. The investment marks an early focus of the Koch brothers' 2018 political strategy.

24 comments:

Anonymous said...

The robber barons are making out unbelievably well on this tax cut while the proletariat is fooled into happiness over the peanuts on their paycheck they'll be getting. Yeah, we're all get to a little raise while CEO pay has increased 587% on the last 30 years. Tac cits never pay for themselves and we'll all pay for it somehow. I bet Congress goes after Social Security and Medicare next year when the trickle-down once again fails to produce any jobs. Have you noticed all the companies that gave bonuses also laid off people? Wal-Mart was bragging about the measly bonuses they were giving out while laying off 9500 employees less than two weeks ago with more layoffs expected. Quit being fooled by the shiny object over here while they ass rape you from behind.

Anonymous said...

7:25

Hey moron, if I get 20% more of my check to take home, I can fix my car.

That is real to me.

Anonymous said...

When hedge fund owner and 1 percenter George Soros donates millions to liberal causes does kmbc write an article about that?

Anonymous said...

Liberals just can't stand it that the tax cut is already working.
The first commenter is factually wrong. All companies giving bonuses are not laying off people. Secondly, he calls the bonuses measly. I bet the people getting an unexpected bonus of $1,000 or more aren't complaining about it.Plus, Apple is investing $350 billion back into the economy specifically because of the tax cuts. Finally, the economy is much better with Trump instead of Obama. Unemployment and the gdp are better and African American unemployment is at it's best since world war two.

Anonymous said...

The first commenter gives the game away by referring to us as "proletarians." The rest of the post is just standard Marxist bullshit.

Anonymous said...

Trump has done more for me in one year than Odummy did in eight years.

Anonymous said...

No, what’s real to you is you are a loser. The right counts on you to continue to keep them in power. I’m sorry you made poor life decisions that you don’t have enough money to fix your car, but you need to educate yourself instead of eating all that right-wing shit that’s shoved down your throat. Otherwise you will always be where you are now.

Anonymous said...

Ha! You are just parroting Fox News talking points. You are so wrong you just made a fool of yourself. Apple is not going to invest that money into the economy you idiot. They are going to spend most of it on stock buy backs! Tell me genius, who sees that benefit? Yes, those companies are laying off their employees. You know in today’s world, there is a thing called the internet? Seriously you can look that shit up! Go ahead, we’ll wait.....there. Told you. Lastly the stock market still hasn’t gone up as much as it did in Obama’s first year...look that up too dummy we’ll wait. Jesus you are willfully ignorant and that’s worse than being a dumb-ass.

Anonymous said...

^^^Truth hurts doesn’t it?

Anonymous said...

^^^^If that’s true, you are one seriously fucked up indivdual!!!

Silvestor orgalthorp said...

I have 25000 in a Charles Schwann account
On Friday , in one day, it went up $1171.00
That is the definition of a growing economy
If the Koch brothers helped do that, then I say thank you Koch brothers

Anonymous said...

^^^ It's "Charles Schwabb" dumbass!

Why don't you take a look back at what the Stock Market did in 1987, following the Reagan "Tax Cuts" and all the regulations that were repealed. The Market went insane from January to September, then (and inevitably) there was a crash that did more damage to the Economy than the Hoover Crash in 1929 did.

This Market is just another con to suck all the 401k money out of Bonds and into Stocks so it can flow into the Market Makers hands when the drop hits.

If you have a profit, take it - remember that "Money isn't Money until it's Money". Otherwise, wait, grin and groan. Maybe you'll be able to console yourself with the thought that "A Fool and his Money were damn lucky to get together in the first place"!

Anonymous said...

^^^Jesus Silvestor I seriously doubt you have any money, but it’s obvious you don’t know that markets operate independently of the president otherwise you would temper that for this talk of the eco my, that market under Trump still hasn’t gone up as much as it did under Obama. How do you explain that dummy? You don’t. It’s foolish for any president to tie himself to the market because they always correct. Now Trump owns the inevitable decline that is coming when the Fed raises rates three times this year. I mean I am assuming you know about that, but I could be wrong because your post was dumb as shit!!!!!

Anonymous said...

You think you're getting 20% more on your check? You have no idea what you're talking about. You are getting nowhere near that.

Anonymous said...

The CEO of Home Depot already admitted they are going to use the tax break to buy back stocks and enrich himself, the executives, and the board even more. Look it up, it was on TV. That $1000 bonus will be only about 650. Maybe someone can afford to put tires on their 15 year old car. The Walmart 1000 bonus is going to only people that have worked there I think 25 years. If it isn't that it's 20 years. Stop being fooled.

Anonymous said...

11:41 - It's "Schwab," dumbass.

12:20 - A stock buyback will only enrich the CEO, executives and board members to the extent that they own shares of stock in the corporation. And in that case, they will not be any more enriched than any other stockholder. A CEO's primary goal is to create and maintain wealth for its shareholders, and that's what a buyback does.

Retro ROCKER said...

7:25 YOU ARE NOT THE SHARPEST KNIFE IN THE DRAWER. I WILL NOT GIVE YOU A THIRTY MINUTE,SEMINAR ON HOW A,TAX BREAK HELPS EVERY ONE I WILL LET MY FELLOW COMMENTERS,WEIGH IN. .

Anonymous said...

^^^^Oh Jesus Christ you really are dumb as shit! This tax break does nothing but enrich the 1%! Despite decades of proof that trickle-down economics don’t work, the GOP can always count on sucka’s like you to eat their shit. What the govt just did was take wealth from the bottom of the tax bracket and distribute it up to the top. You can look this shit up if you don’t believe me. Meanwhile, drop your pants again and bend over because your overlords are about to fuck you in the ass again dummy. I can’t figure out how lemmings can stay so ignorant in this day and age.

Anonymous said...

Nope. Check back into reality. Take home pay increases, corporations issuing bonuses, gdp doing well, Dow expanding, black unemployment lieset since '72.

But hey, you've always got that pussy hat.:) Go scream at the sky sweetie.

Anonymous said...

Ha ha ha. The black unemployment statistic is a lie....look it up granny, have one of your kids explain how the com outer works...we’ll wait...did you find it? See, you also willingly eat what your overlords tell you. Quit watching Fox or your day room privileges will be lost. Copy nanny? Now go make a sandwich!

Anonymous said...

Not actually a rebuttal; but of course facts are not the thing on the left. Enjoy your plate of hate! The rest of us will enjoy.:)

Anonymous said...

^^^You were told to make a sandwich! Now scram Maudie!

Anonymous said...

The tax scheme increases tax on millions in the middle class.

If this tax plan was so great, the Cuck Bros wouldn't have to spend $20 million to make propaganda about it.

Anonymous said...

The typical working and middle class filers will get screwed.

A single taxpayer will see their standard deduction rise from $6,500 to $12,000. At the same time, the personal exemption of $4,150 is gone.

Read that again. Your deductions are not doubling like the GOP always brags. Look at your tax form this year and compare to the new law.

2017 = SD $6,500 + Personal Exemption $4,150 = $10,650 in total deductions.
2018 = SD $12,000. That's it.

A whopping $1,350 of additional income will be exempt from the 10% tax rate, totaling a savings of $135 per filer. For the year. $2.60 per week in your paycheck.

That won't even cover higher gas prices. The GOP if fucked trying to defend this piece of shit law.