OMB director: Tax reform looks weaker with Democrats on it

[turbinetree]

Source: The Hill

The White House budget director on Wednesday said tax reform looks "weaker" with Democrats on it.

During an interview on "Fox & Friends," Mick Mulvaney was asked if he thinks Republicans can get tax reform passed without needing the Democrats' votes.

"You have a choice. You can either try and do it with 50 votes in the Senate, using what's called budget reconciliation or 60 votes in the Senate without," he said.

"But my gut is that a tax bill looks a lot weaker — a lot less likely to get us to 3 percent economic growth — if we've got 8, 10, 12, 14 Democrats on it."
Mulvaney said tax reform is necessary to get the American economy back at 3 percent economic growth.

Read more: http://thehill.com/policy/finance/344910-omb-director-tax-reform-looks-weaker-with-democrats-on-it

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Hey Dickhead, trickle down economics does not work, let me repeat this again trickle down economics does not work

Just look no further than your henchmen and woman in Kansas, and WisCONsin, what do you have to say about this. It has never helped in economic growth, never, so for you to say the democrats will make it weaker, your BS does not hold water, when a "republican" puts forth this plan, the economy goes into the toilet, look no further there zippy on 2001 thru 2007 under Bush a f*cking republican, and 750 billion and tax payer bailouts and thousands still living on the streets because of your republican economic BS


F*CK YOU Zippy

[awesomerwb1]

1. Weren't Dems praising this POS

during and after confirmation hearings?

Are Dems ever going to stop being so naive? They should come out and say what turbinetree posted over and over and over. "It has been proven that trickle down economics does not work and what's going to happen is that it's going to tank the economy and yet again it will be the Democrats who will have to clean up the mess like we did in XXXX and XXXX and XXXX". Or something like that.

[turbinetree]

2. Our party has always had to clean up after these jerks get done with whatever they do

and then we get blamed, not anymore.

This needs to be thrown right back into there face, look further than this $1.6 billion price tag for the wall and an increase of over 50 billion for the military, while we have tax bill on credit for being in Afghanistan that is costing us over 200 million a day, while the Chinese is going into Afghanistan, and making the country an alliance for the natural resources, what the hell is wrong with this picture.

We are being "forced" to pay for something that makes this right wing fascist republicans feel good and it can be used against human beings on both sides of the border and has a election stunt and my taxes are going to pay for it more, than some jerk that use to be a CEO of Best Buy that has a house down in Naples that is over 45,000 square feet in land mass, and to top it all off he has to declare that he is down there 181 days and pays property tax that is nothing.

[awesomerwb1]

3. I agree....

You and I and many others know it. It's the people in leadership who need to come out and train the troops to be on message. I'm not holding my breath.

[lark]

4. There are national models as well, the results from the BFEE and Raygun tax cuts.

Each of those times, the economy tanked badly and deficits soared. Lowering tax rates only causes money to leave the US, it does not result in new jobs, history has proven this over and over and over. Repugs have long ago mastered the art of the big and enduring lie. The lie they have used relentlessly for 30 years is that tax cuts generate job growth when they do exactly the opposite. When the working class has more money, they spend it and businesses get richer. They don't care about businesses succeeding, only about their own $$. However, lowering tax rates on the rich has become almost a religious dogma to the right because it is their std. justification for their self-serving tax cuts. Congress is made up of millionaires, so they and their masters, the donor class, have decided the best way to enrich themselves is to take $ from the poor and send it overseas. That's all this is. Of course, hurting the poor and working class is also something they love, they just don't ever tell the truth about the real aims.

[turbinetree]

5. Yepper, spot on

Good reply I am reading the Framer Coup right now and it was mentioned on how the Constitution which was ratified by wealth, and the framers worried about the lower "class" getting involved

[ProfessorGAC]

6. On That Topic

I wrote a paper back in the 90's while pursuing an MBA. The paper was an econometric model of the myth of reaganomics and how they actually failed to accomplish anything.

The economists on LaSalle liked it so much i won an award for it. (No big money or anything) And that crowd was massively dominated by randians, and cato-ites, and members of the Heartland Institute. Super libertarian, and even they couldn't find fault with it.

And here we are 25 years later pretending that this silly idea actually will work.

[turbinetree]

8. Congratulation, why are you not on TV to debunk this stuff

trickle down does not and will not work, its the what is mine theory and I am not going to give you mine theory

[ProfessorGAC]

9. Krugmann Has Been Saying It For 25 Years

And he does appear on TV. It's gospel at this point to that crowd.

And let's face it, they have been better at branding because they have people voting against their own interests with bad ideas that have been proven not to work; and we had idiots all over the country not liking Obamacare but loved their ACA coverage.

[turbinetree]

10. Point well taken the semantics

again congratulations

[Hestia]

7. I'm trying to find Fareed Zakaria's 7.30.17 broadcast, in which he gets into the magical 3%

growth that the 'cons always tout and which has never existed in real life. It's a number they pull out of thin air in order to get everyone dazzled, thinking of all that money they are going to make. In the past 15 years, our GDP has grown 1.9%, which is realistic and not out of control.

He also explains how Mnuchen got a $3 Trillion mistake on the budget.