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Home » CurrentEvents

Next stop...Tax Reform! October 20, 2017 5:05 pm hank

It looks like this will be the next GOP legislative offensive.

The one truly decent thing about Conservative philosophy is their unrestrained opposition to deficits and government spending. Of course, the new plan is going to saddle us with $1.5 Trillion in additional debt, even by Republican reckoning. Its not spending they’re cutting, its corporate taxes.

So its not high taxes the GOP despises, its high taxes on Republicans. Remember Cheney’s Law (or was it Rumsfeld): “There is no such thing as deficits.”? The debt will vanish as businessmen, freed from taxation and regulation will unleash their new gains into an orgy of investment which will stimulate the economy and bring in fresh revenues. (Nah, it won’t all go straight to profits, you Liberal cynics.) Isn’t that how it worked for Reagan, Bush, and Bush II? You know, the old trickle-down theory.

News of this imminent bonanza set the stock market into an orgasm of self-congratulation. And of course, the resulting crash, when it comes, as it inevitably must, will require drastic cutbacks in social spending, yielding even further savings.

They’re timing it so the apocalypse arrives in 2019, just before the election, leaving the next Democrat to clean up the mess. You have to admit, they’re getting pretty good at this.

  • And now, by hank 2017-10-21 16:18:48
    • Crowded with Quislings by ER 2017-10-22 09:01:45
      • And I got fooled by the greatest "frame" of all by Robert 2017-10-22 10:26:20
        • You're letting the right frame the discussion by Robert 2017-10-22 10:24:01
          • I'm doing that on purpose. by ER 2017-10-22 12:19:21

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