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Tax Policy Center confirms GOP tax bill poor stimulus, ... - 12/3/2017 8:37:31 AM   
Musicmystery


Posts: 30259
Joined: 3/14/2005
Status: offline 		A brutal new analysis shows the GOP tax bill would do little for US economic growth
Business Insider

The Tax Policy Center released an analysis of GOP tax bill's economic impact. The TPC found that the bill would only boost GDP by 0.7% in 2018, well short of growth promised by Republicans. The bill would also add $1.23 trillion to the federal deficit over 10 years, even when adding in new revenue from economic growth. A new analysis from a nonpartisan thank tank showed that the Republican tax plan would do little to boost economic growth and would cause the federal deficit to balloon.

Read the full story:
https://amp.businessinsider.com/trump-gop-tax-reform-bill-analysis-economic-growth-2017-12
Profile   Post #: 1
RE: Tax Policy Center confirms GOP tax bill poor stimul... - 12/3/2017 8:45:18 AM   
BoscoX


Posts: 11227
Joined: 12/10/2016
Status: offline
"A brutal new analysis"

Pig whistle for all the Trump haters

Couldn't you find a more biased article?


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Thought Criminal

(in reply to Musicmystery)
Profile   Post #: 2
RE: Tax Policy Center confirms GOP tax bill poor stimul... - 12/3/2017 8:54:46 AM   
Musicmystery


Posts: 30259
Joined: 3/14/2005
Status: offline 		Way to ignore the data.

But sure. Google it and you’ll find dozens of dire analyses.

Btw, this is Congress hating. As usual, Trump didn’t actually do anything behind Tweeting hate.

I am so pissed at the Democrats...and still the GOP is determined to be far worse.

(in reply to BoscoX)
Profile   Post #: 3
RE: Tax Policy Center confirms GOP tax bill poor stimul... - 12/3/2017 8:56:41 AM   
bounty44


Posts: 6374
Joined: 11/1/2014
Status: offline 		just a quick smattering...

quote:

"The ‘Tax Policy Center Betrays Its Bias By Making Premature Guesses Based On Partisan Assumptions"


https://www.republicanleader.senate.gov/newsroom/research/tax-policy-center-premature-guesses-based-on-partisan-assumptions

quote:

Marc Sumerlin and Noah Williams write that the Brookings Institution’s Tax Policy Center uses outdated economic models to serve...
The Partisan Tax Policy Center


https://www.wsj.com/articles/the-partisan-tax-policy-center-1457132750

quote:

The news media have long promoted left-leaning tax analysis by dressing up liberal tax groups as “nonpartisan.” Most recently, print media and the networks have appealed to the liberal Tax Policy Center (TPC) to criticize President Donald Trump’s tax plan.


https://www.newsbusters.org/blogs/business/aly-nielsen/2017/10/05/media-wrongly-label-liberal-tax-policy-center-98-percent

quote:

The Tax Policy Center’s $5 Trillion Blunder: “Nonpartisan” nonsense


https://www.cato.org/blog/tax-policy-centers-5-trillion-blunder-nonpartisan-nonsense

quote:

Trump adviser accuses Tax Policy Center of bias. ... “This is a left-leaning center that produces analyses that favor Democratic tax-and-spend programs


http://thehill.com/policy/finance/300888-trump-adviser-accuses-tax-policy-center-of-biased-analysis

quote:

Kevin Hassett spanks the Tax Policy Center on taxes and growth ... Trump's tax cuts are not hand-outs to the rich, as the redistributionist Democratic left argues


https://www.cnbc.com/2017/10/07/kudlow-kevin-hassett-spanks-the-tax-policy-center.html





(in reply to BoscoX)
Profile   Post #: 4
RE: Tax Policy Center confirms GOP tax bill poor stimul... - 12/3/2017 9:05:35 AM   
Nnanji


Posts: 4552
Joined: 3/29/2016
Status: offline
quote:

ORIGINAL: Musicmystery

Way to ignore the data.

But sure. Google it and you’ll find dozens of dire analyses.

Btw, this is Congress hating. As usual, Trump didn’t actually do anything behind Tweeting hate.

I am so pissed at the Democrats...and still the GOP is determined to be far worse.


Data? Let’s see, $1.23 trillion is a ballon to a $20 trillion debt and $10 trillion wasn’t a ballon to a $10 trillion debt? Even if the Left Leaning center is right, where were they nine years ago?

(in reply to Musicmystery)
Profile   Post #: 5
RE: Tax Policy Center confirms GOP tax bill poor stimul... - 12/3/2017 9:07:24 AM   
BoscoX


Posts: 11227
Joined: 12/10/2016
Status: offline
quote:

ORIGINAL: Musicmystery

But sure. Google it and you’ll find dozens of dire analyses.




Right - there's no shortage of howlers out there pretending to be journalists

What else is "news"

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Thought Criminal

(in reply to Musicmystery)
Profile   Post #: 6
RE: Tax Policy Center confirms GOP tax bill poor stimul... - 12/3/2017 9:10:55 AM   
Musicmystery


Posts: 30259
Joined: 3/14/2005
Status: offline
quote:

ORIGINAL: Nnanji


quote:

ORIGINAL: Musicmystery

Way to ignore the data.

But sure. Google it and you’ll find dozens of dire analyses.

Btw, this is Congress hating. As usual, Trump didn’t actually do anything behind Tweeting hate.

I am so pissed at the Democrats...and still the GOP is determined to be far worse.


Data? Let’s see, $1.23 trillion is a ballon to a $20 trillion debt and $10 trillion wasn’t a ballon to a $10 trillion debt? Even if the Left Leaning center is right, where were they nine years ago?

A mere 5%.

Hell, hardly noticeable.

Maybe we should double down, right?

(in reply to Nnanji)
Profile   Post #: 7
RE: Tax Policy Center confirms GOP tax bill poor stimul... - 12/3/2017 9:11:37 AM   
BoscoX


Posts: 11227
Joined: 12/10/2016
Status: offline
quote:

ORIGINAL: Nnanji

Data? Let’s see, $1.23 trillion is a ballon to a $20 trillion debt and $10 trillion wasn’t a ballon to a $10 trillion debt? Even if the Left Leaning center is right, where were they nine years ago?


Exactly - where were the same howlers with their "dire" "brutal" analysis as Obama and his minions were gleefully doubling the debt

_____________________________

Thought Criminal

(in reply to Nnanji)
Profile   Post #: 8
RE: Tax Policy Center confirms GOP tax bill poor stimul... - 12/3/2017 9:12:40 AM   
Musicmystery


Posts: 30259
Joined: 3/14/2005
Status: offline
quote:

ORIGINAL: BoscoX


quote:

ORIGINAL: Musicmystery

But sure. Google it and you’ll find dozens of dire analyses.




Right - there's no shortage of howlers out there pretending to be journalists

What else is "news"

Now that you’ve offered your rebuttal to a single adjective, try moving on to a few more words. Ask your tutor for help.

(in reply to BoscoX)
Profile   Post #: 9
RE: Tax Policy Center confirms GOP tax bill poor stimul... - 12/3/2017 9:13:37 AM   
BoscoX


Posts: 11227
Joined: 12/10/2016
Status: offline
quote:

ORIGINAL: Musicmystery


quote:

ORIGINAL: Nnanji


quote:

ORIGINAL: Musicmystery

Way to ignore the data.

But sure. Google it and you’ll find dozens of dire analyses.

Btw, this is Congress hating. As usual, Trump didn’t actually do anything behind Tweeting hate.

I am so pissed at the Democrats...and still the GOP is determined to be far worse.


Data? Let’s see, $1.23 trillion is a ballon to a $20 trillion debt and $10 trillion wasn’t a ballon to a $10 trillion debt? Even if the Left Leaning center is right, where were they nine years ago?

A mere 10%.

Hell, hardly noticeable.

Maybe we should double down, right?


Must be the new math in your special ed class...? Doubling is the new 10%?

_____________________________

Thought Criminal

(in reply to Musicmystery)
Profile   Post #: 10
RE: Tax Policy Center confirms GOP tax bill poor stimul... - 12/3/2017 9:25:28 AM   
Musicmystery


Posts: 30259
Joined: 3/14/2005
Status: offline 		Find someone who can explain to you what “double down” means.


(in reply to BoscoX)
Profile   Post #: 11
RE: Tax Policy Center confirms GOP tax bill poor stimul... - 12/3/2017 9:36:46 AM   
bounty44


Posts: 6374
Joined: 11/1/2014
Status: offline
quote:

ORIGINAL: BoscoX
Must be the new math in your special ed class...? Doubling is the new 10%?


I think by "doubling down" he's just referring to doing something over again that was bad the first time around.

on the charge of "ignoring the data"---if one doesnt agree with the premises from which the data are given birth, then I wonder how much worth there is in discussing the numbers.

its not the data per se that needs discussed, its rather the underlying assumptions.

(in reply to BoscoX)
Profile   Post #: 12
RE: Tax Policy Center confirms GOP tax bill poor stimul... - 12/3/2017 9:36:48 AM   
Marini


Posts: 3629
Joined: 2/14/2010
Status: offline
quote:

ORIGINAL: Musicmystery

A brutal new analysis shows the GOP tax bill would do little for US economic growth
Business Insider

The Tax Policy Center released an analysis of GOP tax bill's economic impact. The TPC found that the bill would only boost GDP by 0.7% in 2018, well short of growth promised by Republicans. The bill would also add $1.23 trillion to the federal deficit over 10 years, even when adding in new revenue from economic growth. A new analysis from a nonpartisan thank tank showed that the Republican tax plan would do little to boost economic growth and would cause the federal deficit to balloon.

Read the full story:
https://amp.businessinsider.com/trump-gop-tax-reform-bill-analysis-economic-growth-2017-12



I can't believe this tax bill was passed!
What a sad situation for most people.
Unbelievable

_____________________________

As always, To EACH their Own.
"And as we let our own light shine, we unconsciously give other people permission to do the same. "
Nelson Mandela
Life-long Democrat, not happy at all with Democratic Party.
NOT a Republican/Moderate and free agent

(in reply to Musicmystery)
Profile   Post #: 13
RE: Tax Policy Center confirms GOP tax bill poor stimul... - 12/3/2017 9:39:03 AM   
bounty44


Posts: 6374
Joined: 11/1/2014
Status: offline
quote:

ORIGINAL: Marini
I can't believe this tax bill was passed!
What a sad situation for most people.
Unbelievable


marini, being that the republicans are saying this is going to help most people, im going to suggest youre missing something, or there are just wildly differing notions of what "help" means.

(in reply to Marini)
Profile   Post #: 14
RE: Tax Policy Center confirms GOP tax bill poor stimul... - 12/3/2017 9:41:10 AM   
Nnanji


Posts: 4552
Joined: 3/29/2016
Status: offline
quote:

ORIGINAL: Musicmystery

quote:

ORIGINAL: Nnanji


quote:

ORIGINAL: Musicmystery

Way to ignore the data.

But sure. Google it and you’ll find dozens of dire analyses.

Btw, this is Congress hating. As usual, Trump didn’t actually do anything behind Tweeting hate.

I am so pissed at the Democrats...and still the GOP is determined to be far worse.


Data? Let’s see, $1.23 trillion is a ballon to a $20 trillion debt and $10 trillion wasn’t a ballon to a $10 trillion debt? Even if the Left Leaning center is right, where were they nine years ago?

A mere 5%.

Hell, hardly noticeable.

Maybe we should double down, right?

Apparently that’s your opinion, or at least was while the previous administration was 100% doubling down. It’s funny how you can use your sarcasm...wait not funny haha...to chastise the mote in someone’s eye.

(in reply to Musicmystery)
Profile   Post #: 15
RE: Tax Policy Center confirms GOP tax bill poor stimul... - 12/3/2017 9:57:54 AM   
Musicmystery


Posts: 30259
Joined: 3/14/2005
Status: offline
quote:

ORIGINAL: bounty44

quote:

ORIGINAL: Marini
I can't believe this tax bill was passed!
What a sad situation for most people.
Unbelievable


marini, being that the republicans are saying this is going to help most people, im going to suggest youre missing something, or there are just wildly differing notions of what "help" means.


Or that, as actual math shows, GOP is lying.

Hell, they could barely pass it even in power.

(in reply to bounty44)
Profile   Post #: 16
RE: Tax Policy Center confirms GOP tax bill poor stimul... - 12/3/2017 10:00:01 AM   
Musicmystery


Posts: 30259
Joined: 3/14/2005
Status: offline
quote:

ORIGINAL: Nnanji


quote:

ORIGINAL: Musicmystery

quote:

ORIGINAL: Nnanji


quote:

ORIGINAL: Musicmystery

Way to ignore the data.

But sure. Google it and you’ll find dozens of dire analyses.

Btw, this is Congress hating. As usual, Trump didn’t actually do anything behind Tweeting hate.

I am so pissed at the Democrats...and still the GOP is determined to be far worse.


Data? Let’s see, $1.23 trillion is a ballon to a $20 trillion debt and $10 trillion wasn’t a ballon to a $10 trillion debt? Even if the Left Leaning center is right, where were they nine years ago?

A mere 5%.

Hell, hardly noticeable.

Maybe we should double down, right?

Apparently that’s your opinion, or at least was while the previous administration was 100% doubling down. It’s funny how you can use your sarcasm...wait not funny haha...to chastise the mote in someone’s eye.

1) you totally making up my views
2) so you feel deficits don’t matter. I disagree.

(in reply to Nnanji)
Profile   Post #: 17
RE: Tax Policy Center confirms GOP tax bill poor stimul... - 12/3/2017 10:27:28 AM   
Nnanji


Posts: 4552
Joined: 3/29/2016
Status: offline
quote:

ORIGINAL: Musicmystery


quote:

ORIGINAL: Nnanji


quote:

ORIGINAL: Musicmystery

quote:

ORIGINAL: Nnanji


quote:

ORIGINAL: Musicmystery

Way to ignore the data.

But sure. Google it and you’ll find dozens of dire analyses.

Btw, this is Congress hating. As usual, Trump didn’t actually do anything behind Tweeting hate.

I am so pissed at the Democrats...and still the GOP is determined to be far worse.


Data? Let’s see, $1.23 trillion is a ballon to a $20 trillion debt and $10 trillion wasn’t a ballon to a $10 trillion debt? Even if the Left Leaning center is right, where were they nine years ago?

A mere 5%.

Hell, hardly noticeable.

Maybe we should double down, right?

Apparently that’s your opinion, or at least was while the previous administration was 100% doubling down. It’s funny how you can use your sarcasm...wait not funny haha...to chastise the mote in someone’s eye.

1) you totally making up my views
2) so you feel deficits don’t matter. I disagree.

I totally think the deficit matters. Well, to be honest, I did until I became a non-working drudge on society. (On SS) Now I’m all for the liberal tax and spend to make us poor deserving s people happy and warm and fuck the next generations having to pay for it. I’m totally with you now and as I go through the last stages of my life I’ll have the totally selfish attitude of gimme now fuck the future that liberals have spouted for my entire productive life. But, in this instance your argument is fallacious because the deficit you’re pontificating about(which you would have cheered had the previous administration implemented it) is totally fake news. So, as usual, you got nothing.

(in reply to Musicmystery)
Profile   Post #: 18
RE: Tax Policy Center confirms GOP tax bill poor stimul... - 12/3/2017 11:08:31 AM   
Musicmystery


Posts: 30259
Joined: 3/14/2005
Status: offline 		1) again, just making up my views. Against it when Reagan did it, against it when Bush II did it, against it when Bush Lite did it.
2) so, you weren’t concerned when the deficit rose in the previous administration? Huh. Interesting.

(in reply to Nnanji)
Profile   Post #: 19
RE: Tax Policy Center confirms GOP tax bill poor stimul... - 12/3/2017 11:23:00 AM   
Musicmystery


Posts: 30259
Joined: 3/14/2005
Status: offline 		Our saving grace is this: The House and Senate passed different versions of the bill. That is not allowed. Before a bill can go to the White House to be signed, the EXACT SAME VERSION must pass the House and the Senate.

Since the House originated this one, and passed their version first, the Senate now has to send their version back to the House who will then call a CONFERENCE COMMITTEE. This is where the differences between the House and Senate versions are theoretically ironed out until there is one bill with language the House and Senate can agree on.

So the version that comes out of Conference Committee must be voted on AGAIN!
https://m.dailykos.com/stories/2017/12/2/1720394/-Civics-101-Republicons-applauded-like-they-did-something-but-this-is-NOT-OVER-NEXT-STEPS-HERE

(in reply to Musicmystery)
Profile   Post #: 20
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