2020 Election Thread

[3rdside]

I’d include myself in that dataset! That might sound a little condescending otherwise …

none of us on here ever sound condescending.

lol

[Mori Chu]

[Superbone]

Tell me something I don't know. In other news, Chris Wallace is moving from Fox to CNN.

[Nodack]

Longtime anchor Brian Williams leaving NBC after 28 years
Williams will sign off at the end of the year with “28 years, 38 countries, 8 Olympic games, 7 presidential elections, half a dozen presidents, a few wars and one SNL" under his belt.
https://www.nbcnews.com/news/us-news/lo ... s-rcna5042
Williams, 62, hosted his last episode of his nightly MSNBC Show “The 11th Hour,” giving viewers a piece of his mind about the future of the country, and vowing to return to the public eye in some capacity.

“I’m not a liberal or a conservative. I’m an institutionalist. I believe in this place and in my love of country. I yield to no one. But the darkness on the edge of town has spread to main roads,” Williams said.

“Grown men and women who swore an oath to our Constitution, elected by their constituents … have decided to join the mob and become something they are not,” he continued.

Williams didn’t elaborate, but added, “That should scare you to no end.”

[Mori Chu]

Hey, Republicans think doing this is really bad, right?

[In2ition]

We should prosecute all those that have done that with top secret and official business.

[Indy]

Hey, Republicans think doing this is really bad, right?

Only when women do it.

[Mori Chu]

Now they've been reading texts showing that several Fox News hosts were texting back-and-forth with Meadows and the White House all during 1/6, saying it looked bad for them (GOP) and urging Trump to do something ... But then when he didn't, they gleefully went on their shows that night and said Antifa caused the riot.

[Mori Chu]

[Mori Chu]

Boebert tried to tell the rioters how to find Pelosi during 1/6. I think she may be in trouble.

[Indy]

I don't think the Dems are going to do much of anything. They continue to bring stuffed animals to a gun fight.

Every single one of them should be using their staff to be on every single tv outlet, every print outlet, and major online outlets to talk about what they are finding. You beat this drum every hour of every day. Every floor speech you give should be accompanied by something like "and unlike my colleagues from across the aisle, I don't support insurrection and have never violated my oath to defend the constitution." Instead we get snippets here and there on twitter.

[Nodack]

Yeah, the Dems aren’t very good at messaging at all.

[Indy]

Yeah, the Dems aren’t very good at messaging at all.

Part of it is because there aren't billions and billions and billions to be made by private 'investors' by messaging for them. The Murdock family has made billions, and then avoided hundreds of millions in taxes by convincing people a trillion dollar tax give away was good. There isn't a benefit for extremely rich people to promote something similar on the other end of the political spectrum. So the politicians have to do it themselves, and that isn't something politicians are practiced/trained at doing, much less the lack of capital.

[In2ition]

Yeah, the Dems aren’t very good at messaging at all.

Part of it is because there aren't billions and billions and billions to be made by private 'investors' by messaging for them. The Murdock family has made billions, and then avoided hundreds of millions in taxes by convincing people a trillion dollar tax give away was good. There isn't a benefit for extremely rich people to promote something similar on the other end of the political spectrum. So the politicians have to do it themselves, and that isn't something politicians are practiced/trained at doing, much less the lack of capital.

What are you speaking about here?

[Indy]

It doesn't take much google time to find articles explaining how the Murdoch family has been using tax loopholes they advocated for to skirt taxes everywhere they do business, including the US.

[In2ition]

I don't like Murdoch, so I could care less if you bash him. Go ahead and bash away, and beat that dead horse. Does he own every media outlet? If not, how much of the media does he control?

As far as the "trillion dollar tax give away", I'm pretty sure that it benefited the middle and working class. I know that I benefited from it, as part of the middle class. In fact, the IRS data is showing that.


The Hill
IRS data proves Trump tax cuts benefited middle, working-class Americans most
Justin Haskins, Opinion Contributor - Dec 4
https://www.msn.com/en-us/news/politics ... ar-AARsJrs

President Biden and congressional Democrats' Build Back Better (BBB) Act is now in the hands of the Senate. That legislative body's 50-50 partisan split will undoubtedly make the bill's passage difficult.

In order for BBB to become law, Democratic Senate leadership will need to convince moderates such as Sens. Kyrsten Sinema (D-Ariz.) and Joe Manchin (D-W.Va.) that the legislation's $2.4 trillion price tag can be offset by expanding the IRS and its enforcement efforts while imposing substantial tax reform measures.

Congressional Democrats have argued that one of the best ways to pay for the legislation is to raise taxes on wealthy households, which, according to many on the left, have benefited disproportionately and unfairly from the 2017 tax reform law passed by Republicans and signed by former President Trump. The latest data, however, proves that this claim is pure mythology.

Income data published by the IRS clearly show that on average all income brackets benefited substantially from the Republicans' tax reform law, with the biggest beneficiaries being working and middle-income filers, not the top 1 percent, as so many Democrats have argued.

Spoiler: show/hide

A careful analysis of the IRS tax data, one that includes the effects of tax credits and other reforms to the tax code, shows that filers with an adjusted gross income (AGI) of $15,000 to $50,000 enjoyed an average tax cut of 16 percent to 26 percent in 2018, the first year Republicans' Tax Cuts and Jobs Act went into effect and the most recent year for which data is available.

Filers who earned $50,000 to $100,000 received a tax break of about 15 percent to 17 percent, and those earning $100,000 to $500,000 in adjusted gross income saw their personal income taxes cut by around 11 percent to 13 percent.

By comparison, no income group with an AGI of at least $500,000 received an average tax cut exceeding 9 percent, and the average tax cut for brackets starting at $1 million was less than 6 percent. (For more detailed data, see my table published here.)https://www.heartland.org/publications- ... come-taxes

That means most middle-income and working-class earners enjoyed a tax cut that was at least double the size of tax cuts received by households earning $1 million or more.

What's more, IRS data shows earners in higher income brackets contributed a bigger slice of the total income tax revenue pie following the passage of the tax reform law than they had in the previous year.

In fact, every income bracket with filers earning $200,000 or more increased its tax burden in 2018 compared to 2017, and every income bracket with a top limit lower than $200,000 paid a smaller proportion of the total personal tax revenue collected.

That means that Republicans' tax reform law resulted in the tax code becoming slightly more progressive - the exact opposite of what Democrats have claimed over the past four years.

The IRS data further shows that the tax reform law - which included a variety of business tax cuts, including a large reduction in the corporate income tax rate - spurred economic mobility.

Every income bracket with a top level lower than $25,000 experienced a reduction in its number of filers, and every income bracket above $25,000 increased in size, with the biggest gains occurring in the brackets with a floor of at least $100,000.

The fact is, Republicans' 2017 tax reform law did exactly what was promised: It lowered taxes for all income groups, provided the greatest benefits for middle-income households, and spurred economic growth that helped reduce poverty and improve prosperity.

It would be a grave mistake for Democrats to eliminate key parts of this important legislation.

Justin Haskins (Jhaskins@heartland.org) is director of the Socialism Research Center at The Heartland Institute and the co-author, with Glenn Beck, of the forthcoming book "The Great Reset: Joe Biden and the Rise of 21st Century Fascism."

[In2ition]

As far as politicians benefiting from their position, it doesn't seem likely to change any time soon. That is the message.

[Indy]

You are smarter than to take the twisted stats from Glen Beck's co-author. 9% of a billion dollars is a lot more than 20% of 50k.

[In2ition]

Yes, I wish I would have gotten 9% of a billion dollars cut off my own taxes. That would have been outstanding. I would be getting paid for yrs and yrs on those tax cuts, haha.

[In2ition]

In the spirit of money. This was interest-ing.
Who was dumb enough to actually think it was "transitory" to begin with?