Chuck and Nancy wrong again....as usual

Ask Chuck Schumer (D-NY), Elizabeth Warren (D-Ma) or Bernie Sanders (I-Vt) what they think about the Trump administration's plan to reform our tax system and they will to a man/woman assert with absolute conviction and authority that it is merely a tax cut for the richest 1% of American fat cats, and that the middle class will suffer terrible.  Nancy Pelosi (D-Ca) in fact calls it 'Armageddon.'

Once Donald Trump signed the tax reform package laid on his desk on Dec 21, 2017, about twenty huge (or as The Donald would say, 'yuge') corporations announced bonuses, raises and employee benefits effective immediately.  These companies include Boeing, Comcast, Wells Fargo, 5/3rd Bank among others.  Behavior that was completely opposite the bogus claims of Chuck, Nancy, Pochahontas and Crazy Bernie.  They couldn't have been more wrong.

Their underlying assumption for thinking this way is that when Americans are allowed to keep more of their money, rather than give it to the government via confiscatory taxation, these greedy Americans will just sit on the money, and keep it in bags lining their hallways, much like Scrooge McDuck (see photo).  Rather than reinvesting into their businesses, they would simply do swan dives into the deep piles of money, and wallow around in the gobs of cash, making 'money angels' by waving their arms and feet in the piles of dough.

This is how Democrats view American capitalists; greedy pigs that simply want as much money as possible and to hell with everybody else, let them eat cake.  This is demonstrably not true.  Although there are a certain percentage of corporations that will use the additional funds that they don't send in to Uncle Sugar to buy back stock, or issue dividends to share holders, or yes, line the hallways of their mansions with bags of money like Scrooge McDuck.  There are some of those types out there, nobody can deny that.

But the majority of Americans who work hard will take this additional money they find in their pockets at the end of the tax year and use it to expand their businesses, hire people, buy plants and equipment.

The Scrooge McDucks of this country, while out there,  are a tiny minority of businesses, and not the majority as Chuck and Nancy claim.  The cut from 35% to 21% in the corporate rate will generate an enormous amount of economic activity, not just go into money bags lining the mansion hallways of the fat cats.

This is a primary difference between the conservative view of Americans and the pessimistic liberal view.  I prefer to think of my fellow capitalists as entrepreneurs, and not as Scrooge McDucks.

No more subsidizing liberalism with new tax reforms

I am quite tired of supposed rock-ribbed Republicans in high tax states (California, New York, New Jersey, Massachusetts..et al) getting in front of any microphone they see and whining about the proposed elimination of the deduction of state and local taxes (SALT) from their federal returns.  Darrell Issa (R-CA) and Peter King (R-NY) are crying foul that the proposed reforms will negatively effect their citizens in these high tax states.

Well duh.  Congressmen Issa and King: fight for your constituents and convince them that lower state and local taxes will benefit them, rather than ignoring this federal welfare that sucks off of the rest of us outside of your districts.  Use this tax hike for the benefit of your state in the long run: lay this increase directly at the feet of those who created it in the first place: liberal local Democrats.  Run on this as a platform for change.  Elect Republicans to reverse these high tax conditions.  

Whining about getting rid of the SALT deductions so that your voters can continue to sponge off of their neighboring states is is not a conservative position.  This is not why Republicans are elected - to preserve the subsidization of liberalism.

Voters in these liberal states elect local and state officials who jack up taxes.  These scalawag politicians, however, insist to their constituents that these higher taxes will not affect them, owing to the ability to write them off on their 1040 form.  This is true.  The end result is that this practice is simply mooching off of the rest of the nation; exactly what all liberal politicians run on and are elected and re-elected on.

This is tax welfare, given to liberal state elected officials in return for their local votes.  Enough of this.  If your states vote to jack up state and local taxes, then live with it.  Suck it up.  You voted for it, and don't expect the rest of us to pay for it.

These 'conservative' politicians are assholes.  Start behaving like Republicans and not like jerks.