The economy is weakened because of the pandemic, which the republicans made so much worse by ignoring it as long as they could. Of course, the massive tax cuts for the people who should pay the most and the increased spending they did didn’t help any.
Seriously? THAT’s what you got? (sighs). The economy needs people spending money to buy goods and services. Guess who spends the least amount per $ of income? Yep: The obscenely rich. Guess who Biden’s talking about taxing. Yep.
No worries unless your income is over $400,000. No one else will see their taxes raised. No one. Time to roll back the corporate welfare and tax giveaways Trump gave to the few richest elites at the top.
The amount of Trump’s welfare plan for rich people was $1.9 trillion, just the amount to pay for real needed rescue relief for the middle class.
TrumpubliQans are only looking out for their rich donors and special interests.
Hey, Lazy Lisa! Remember when (two or three weeks ago) you were condemning Biden over the loss of 2-3000 short term jobs from cancelling the Keystone pipeline. Turns out he saved more than TEN TIMES AS MANY permanent jobs in the airline industry alone in that COVID bill (that you hated about a week ago). Who taught you economics? Wile E. Coyote?
This cartoon will not age well. Most experts agree that Obama’s biggest mistake in relief plans was that he didn’t go big enough. Even so, he ushered in the longest period of sustained growth in the nation’s history. Democrats will lead us out of the covid/economy morass once again.
The 2017 tax cut did little for the REAL economy; companies used it to buy back their own stock, just like their CEOs said they would which just heated up the stock market. There are people struggling to pay bills and trying to support their families, they will SPEND the money which helps the REAL economy. Economists estimate that there will be at least $2 of economic benefit will be created by each dollar in the Covid bill.
If Trump & the GOP Leadershit hadn’t bestowed a $1.9 TRILLION tax break on the 1% wealthy & corporations and, in the wake of 1%’s bought-and-paid-for gift, lied repeatedly to the 99% that the Covid-19 virus would “miraculously” disappear one fine day, we would not be in the midst of political & economic chaos last equaled in the wake of the Civil War.
Every single setback with which we the 99% must deal every single day is a product of the wanton disregard imposed by Trump and the GOP Leadershit on our democracy, our republic, and our nation.
More that 500,000 Covid-19 deaths are at THEIR door; those dead following the Trump/GOP Leadershit countenanced insurrection at our nation’s capitol are at THEIR door; the border disruption is a direct product of the Trump/GOP Leadershit DELIBERATE mishandling of our immigration policies and procedures rather than reforming and improving our immigration policies WITH THE INTENT of causing the very chaos we’re now experiencing.
Not to see the trail of the Trump/GOP Leadershit’s grotesquely arrogant & wilful gutting of federal agencies WITH THE INTENT to bring about our current border chaos is an utter abandonment of common sense.
Those who supported Trump and the GOP Leadershit in 2016 and in 2020 are individually and severally responsible for each and every one of those deaths mentioned above as well as for injuring, perhaps lethally, our democracy, our republic, and our nation.
To remain America, we must tolerate their presence, but, unless we’re fools with death wishes for ourselves, our children, our grandchildren, and for our posterity, WE MUST NEVER, EVER TRUST THEM AGAIN. NEVER.
The first tax hike will be the bomb the republicans planted.
Republicans planted a time bomb in their tax cut bill that will actually raise most people’s taxes: economist
On Saturday, writing for The New York Times, Nobel Prize-winning economist Joseph Stiglitz warned that many people’s taxes are about to go up.But it’s not because Joe Biden’s campaign plan raises taxes, as President Donald Trump has repeatedly and falsely claimed. It’s because the Tax Cuts and Jobs Act — the controversial tax cut bill passed by Republicans on a party-line vote in 2017 — has a provision that will start slowly raising taxes next year. And ultimately, Stiglitz warned, many low and middle income people will actually pay more than they did before the bill passed in the first place.
“President Trump and his congressional allies hoodwinked us,” wrote Stiglitz. “The law they passed initially lowered taxes for most Americans, but it built in automatic, stepped tax increases every two years that begin in 2021 and that by 2027 would affect nearly everyone but people at the top of the economic hierarchy. All taxpayer income groups with incomes of $75,000 and under — that’s about 65 percent of taxpayers — will face a higher tax rate in 2027 than in 2019.”
“For most, in fact, it’s a delayed tax increase dressed up as a tax cut,” wrote Stiglitz. “How many times have you heard Trump and his allies mention that? They surmised — correctly, so far — that if they waited to add the tax increases until after the 2020 election, few of the people most affected were likely to remember who was responsible.”
Starting next year, “The C.B.O. and Joint Committee estimated that those with an income of $20,000 to $30,000 would owe an extra $365 next year — these are people who are struggling just to pay rent and put food on the table,” wrote Stiglitz.
“Read my lips,” promised candidate George Herbert Walker Bush. “No New Taxes!” Regrettably, the run-away inflation, the oil embargos (real and threatened), and other goodies resulting from his predecessor’s “Trickle Down Theory” all combined to make him break that promise. As a result, he was the last Republican one-term president up until Donald Trump, that is. It’s an interesting dichotomy when you think about it: the former was ousted for doing the right thing at the right time, the latter for doing nothing at all and stating loud and clear “I take no responsibility.”
Just what is the democrats “pay their fair share” percentage? This percentage is a moving target for those of us that work harder and longer to make more income to only see that with all our efforts, we have to pay a higher percentage than someone that only wants to earn just enough to get by. Then this slacker says I have to pay more in a higher fair share income tax rate. Well, by earning more I pay more in income tax – period.Sure businesses have overhead and costs that reduce the net profits. Should a business pay a tax on total income before overhead and costs? NO.Envy is what the democrats preach with the “pay their fair share” to get votes and create more hate for those of us the put more time, energy, and knowledge to increase our income. There should be a base income deduction before each of us pay the same tax rate. That would be FAIR.
And what was the tax rate when we had the booming 50s and 60s? The right want to set back the social agenda clock to that time, let’s do it with the tax rates on the 1%ers and corporations.
Once again, Lisa, hits the target. You are a fool if you think the tax hikes will not trickle down to the middle class by way of increases in the cost of products and services, less full time, good paying, with benefit package jobs, less opportunity for small business entrepreneurs, etc… The ultra rich stay rich because they can afford to move their money and operations out of the country, leaving the gap for the middle class to pay. The destruction of our economy paves the way to socialism, it can’t be introduced into a thriving economy. Open your eyes, please!
Lisa, of course, if lying. That said, interestingly, there is an ancient Arabic saying: “The poor pay twice.” Why? Because they can’t afford quality and therefore must buy replacements for necessary items more often. And I agree that it’s high time that the extremely wealthy began paying their fair share of taxes, unlike us peasants who can’t afford a CPA to hide our money for us. Anyway, we need it all to live on, so there’s none to hide.
Biden talks about raising taxes – mainly on the rich. Some of the rich have even previously said that they would be willing to pay higher taxes.
Trump lowered taxes (mostly for the rich) claiming it would create an economic boom and provide an average $4000 raise for households – neither of which happened. Businesses mostly bought back their own stocks (increasing executives’ wealth) instead of building up their facilities or giving worker raises, and the pandemic soured most of what economic growth did occur. Like Reagan, Trump could not get trickle down to work.
Conservatives are now squawking about the national debt again… got to pay that off somehow, and taxes is a major tool. With the previous four year’s policies not solving that problem, it’s time for a change.
We JUST PASSED a massive stimulus, and we inherited a tremendous deficit from Trump, and they’re ALREADY complaining about tax hikes? Call it fiscal responsibility.
Ah Geez, those deep-pocketed Repulsican Family supporters might actually have to dig deep into their vaults of CORRUPTION and actually pay their fair share of taxes. I will try not to drown in my tears of sympathy.
Read a little more widely Lisa. The top three happiest countries, Norway, Denmark and Iceland, are all among the highest taxed countries in the Organization for Economic Cooperation and Development (OECD), in terms of total tax revenue as a percentage of GDP. The widely enjoyed social benefits residents get in exchange for their taxes, such as universal health care, access to education and subsidized parental leave, could have something to do with the “strong social foundations” touted by Sachs. https://www.cnbc.com/2017/08/09/the-happiest-countries-in-the-world-also-pay-a-lot-in-taxes.html
I’m 63, middle class who received a tax break under Trump but now my tax preparer has warned me that I’m looking at a big tax jump under the biden plan. FYI for all those good folks who are receiving Social Security, biden voted twice to tax SS benefits. Just a tidbit of information.
LMAO! Oh look, it’s the Conservative fearmongering talking point. Any tax hike on the extremely wealthy is going to destroy the economy. Just like the 90% marginal tax rate on the wealthy of the mid 20th century did to America…oh wait….it brought economic boom until Reagan’s GOP introduced Trickle Down corruption.
Say What Now‽ Premium Member about 3 years ago
Lisa’s lame attempt to divert attention from the good things the dems are doing.
RAGs about 3 years ago
The economy is weakened because of the pandemic, which the republicans made so much worse by ignoring it as long as they could. Of course, the massive tax cuts for the people who should pay the most and the increased spending they did didn’t help any.
Concretionist about 3 years ago
Seriously? THAT’s what you got? (sighs). The economy needs people spending money to buy goods and services. Guess who spends the least amount per $ of income? Yep: The obscenely rich. Guess who Biden’s talking about taxing. Yep.
DD Wiz Premium Member about 3 years ago
No worries unless your income is over $400,000. No one else will see their taxes raised. No one. Time to roll back the corporate welfare and tax giveaways Trump gave to the few richest elites at the top.
The amount of Trump’s welfare plan for rich people was $1.9 trillion, just the amount to pay for real needed rescue relief for the middle class.
TrumpubliQans are only looking out for their rich donors and special interests.
Democrats are looking out for real Americans.
Judge Magney about 3 years ago
Hey, Lazy Lisa! Remember when (two or three weeks ago) you were condemning Biden over the loss of 2-3000 short term jobs from cancelling the Keystone pipeline. Turns out he saved more than TEN TIMES AS MANY permanent jobs in the airline industry alone in that COVID bill (that you hated about a week ago). Who taught you economics? Wile E. Coyote?
Patjade about 3 years ago
Good Lord, Lisa! What are you smoking these days?
walfishj about 3 years ago
And “they” are coming for your guns and we will have socialized medicine. Sounds great!
LookingGlass Premium Member about 3 years ago
Liesa and her ilk are nothing but a bunch of cerebral Lilliputians!!
admiree2 about 3 years ago
Lisa, you need to get that side business of motivational speaking with available merch up and running.
Working Title:
How to think and act shamelessly while being hypocritical, false, misleading, and just plain intentionally wrong!
pc368dude about 3 years ago
This cartoon will not age well. Most experts agree that Obama’s biggest mistake in relief plans was that he didn’t go big enough. Even so, he ushered in the longest period of sustained growth in the nation’s history. Democrats will lead us out of the covid/economy morass once again.
I’ll be back to remind thee of this.
Durak Premium Member about 3 years ago
Lyin’ Lisa!
Or is she merely forgetful? Those Trump tax cuts were only temporary. Except for the ones the wealthy got, they made sure to make those permanent.
Nantucket Premium Member about 3 years ago
The 2017 tax cut did little for the REAL economy; companies used it to buy back their own stock, just like their CEOs said they would which just heated up the stock market. There are people struggling to pay bills and trying to support their families, they will SPEND the money which helps the REAL economy. Economists estimate that there will be at least $2 of economic benefit will be created by each dollar in the Covid bill.
imbas5511 about 3 years ago
Lisa, right on again. Democrat politicians have only one plan, make themselves rich, bankrupt everyone else.
julie.mason1 Premium Member about 3 years ago
That roller will come in handy for the upgrades in the national infrastructure that are desperately needed.
cocavan11 about 3 years ago
If Trump & the GOP Leadershit hadn’t bestowed a $1.9 TRILLION tax break on the 1% wealthy & corporations and, in the wake of 1%’s bought-and-paid-for gift, lied repeatedly to the 99% that the Covid-19 virus would “miraculously” disappear one fine day, we would not be in the midst of political & economic chaos last equaled in the wake of the Civil War.
Every single setback with which we the 99% must deal every single day is a product of the wanton disregard imposed by Trump and the GOP Leadershit on our democracy, our republic, and our nation.
More that 500,000 Covid-19 deaths are at THEIR door; those dead following the Trump/GOP Leadershit countenanced insurrection at our nation’s capitol are at THEIR door; the border disruption is a direct product of the Trump/GOP Leadershit DELIBERATE mishandling of our immigration policies and procedures rather than reforming and improving our immigration policies WITH THE INTENT of causing the very chaos we’re now experiencing.
Not to see the trail of the Trump/GOP Leadershit’s grotesquely arrogant & wilful gutting of federal agencies WITH THE INTENT to bring about our current border chaos is an utter abandonment of common sense.
Those who supported Trump and the GOP Leadershit in 2016 and in 2020 are individually and severally responsible for each and every one of those deaths mentioned above as well as for injuring, perhaps lethally, our democracy, our republic, and our nation.
To remain America, we must tolerate their presence, but, unless we’re fools with death wishes for ourselves, our children, our grandchildren, and for our posterity, WE MUST NEVER, EVER TRUST THEM AGAIN. NEVER.
suzalee about 3 years ago
He needs to reinstate that tax cut for the rich that Trump and the GOP granted to them
Masterskrain Premium Member about 3 years ago
More LIES from Lyin’ Lisa.
Radish the wordsmith about 3 years ago
The first tax hike will be the bomb the republicans planted.
Republicans planted a time bomb in their tax cut bill that will actually raise most people’s taxes: economist
On Saturday, writing for The New York Times, Nobel Prize-winning economist Joseph Stiglitz warned that many people’s taxes are about to go up.But it’s not because Joe Biden’s campaign plan raises taxes, as President Donald Trump has repeatedly and falsely claimed. It’s because the Tax Cuts and Jobs Act — the controversial tax cut bill passed by Republicans on a party-line vote in 2017 — has a provision that will start slowly raising taxes next year. And ultimately, Stiglitz warned, many low and middle income people will actually pay more than they did before the bill passed in the first place.
“President Trump and his congressional allies hoodwinked us,” wrote Stiglitz. “The law they passed initially lowered taxes for most Americans, but it built in automatic, stepped tax increases every two years that begin in 2021 and that by 2027 would affect nearly everyone but people at the top of the economic hierarchy. All taxpayer income groups with incomes of $75,000 and under — that’s about 65 percent of taxpayers — will face a higher tax rate in 2027 than in 2019.”
“For most, in fact, it’s a delayed tax increase dressed up as a tax cut,” wrote Stiglitz. “How many times have you heard Trump and his allies mention that? They surmised — correctly, so far — that if they waited to add the tax increases until after the 2020 election, few of the people most affected were likely to remember who was responsible.”
Starting next year, “The C.B.O. and Joint Committee estimated that those with an income of $20,000 to $30,000 would owe an extra $365 next year — these are people who are struggling just to pay rent and put food on the table,” wrote Stiglitz.
Alberta Oil Premium Member about 3 years ago
In Lisa’s la la land nothing needs to be paid for.
A# 466 about 3 years ago
Stick it to the greedy rich bastards this time. And stick it to them real good, too.
Bookworm about 3 years ago
“Read my lips,” promised candidate George Herbert Walker Bush. “No New Taxes!” Regrettably, the run-away inflation, the oil embargos (real and threatened), and other goodies resulting from his predecessor’s “Trickle Down Theory” all combined to make him break that promise. As a result, he was the last Republican one-term president up until Donald Trump, that is. It’s an interesting dichotomy when you think about it: the former was ousted for doing the right thing at the right time, the latter for doing nothing at all and stating loud and clear “I take no responsibility.”
codak about 3 years ago
remove the tax exemption from municipal bonds
DatsunMan about 3 years ago
Just what is the democrats “pay their fair share” percentage? This percentage is a moving target for those of us that work harder and longer to make more income to only see that with all our efforts, we have to pay a higher percentage than someone that only wants to earn just enough to get by. Then this slacker says I have to pay more in a higher fair share income tax rate. Well, by earning more I pay more in income tax – period.Sure businesses have overhead and costs that reduce the net profits. Should a business pay a tax on total income before overhead and costs? NO.Envy is what the democrats preach with the “pay their fair share” to get votes and create more hate for those of us the put more time, energy, and knowledge to increase our income. There should be a base income deduction before each of us pay the same tax rate. That would be FAIR.
rmfrye Premium Member about 3 years ago
And what was the tax rate when we had the booming 50s and 60s? The right want to set back the social agenda clock to that time, let’s do it with the tax rates on the 1%ers and corporations.
cdbro about 3 years ago
Once again, Lisa, hits the target. You are a fool if you think the tax hikes will not trickle down to the middle class by way of increases in the cost of products and services, less full time, good paying, with benefit package jobs, less opportunity for small business entrepreneurs, etc… The ultra rich stay rich because they can afford to move their money and operations out of the country, leaving the gap for the middle class to pay. The destruction of our economy paves the way to socialism, it can’t be introduced into a thriving economy. Open your eyes, please!
davidthoms1 about 3 years ago
How does increasing taxes on people earning more than $400,000 a year do anything bad to the economy? Might hurt the Mercedes dealers a little.
gcottay about 3 years ago
At least this a good old political lie rather than Lisa’s hate theme.
casonia2 about 3 years ago
Lisa, of course, if lying. That said, interestingly, there is an ancient Arabic saying: “The poor pay twice.” Why? Because they can’t afford quality and therefore must buy replacements for necessary items more often. And I agree that it’s high time that the extremely wealthy began paying their fair share of taxes, unlike us peasants who can’t afford a CPA to hide our money for us. Anyway, we need it all to live on, so there’s none to hide.
ferddo about 3 years ago
Biden talks about raising taxes – mainly on the rich. Some of the rich have even previously said that they would be willing to pay higher taxes.
Trump lowered taxes (mostly for the rich) claiming it would create an economic boom and provide an average $4000 raise for households – neither of which happened. Businesses mostly bought back their own stocks (increasing executives’ wealth) instead of building up their facilities or giving worker raises, and the pandemic soured most of what economic growth did occur. Like Reagan, Trump could not get trickle down to work.
Conservatives are now squawking about the national debt again… got to pay that off somehow, and taxes is a major tool. With the previous four year’s policies not solving that problem, it’s time for a change.
waltkamp about 3 years ago
Get back to me in a year and tell me how unemployment and the stock market are doing.
VadimUzdensky1 about 3 years ago
We JUST PASSED a massive stimulus, and we inherited a tremendous deficit from Trump, and they’re ALREADY complaining about tax hikes? Call it fiscal responsibility.
rs0204 Premium Member about 3 years ago
Unless you make $400,000 or above, you have nothing to worry about.
GiantShetlandPony about 3 years ago
Work harder and longer, the rich don’t want to pay taxes or pay you more.
kentmarx36 about 3 years ago
Ah Geez, those deep-pocketed Repulsican Family supporters might actually have to dig deep into their vaults of CORRUPTION and actually pay their fair share of taxes. I will try not to drown in my tears of sympathy.
Jimathai Premium Member about 3 years ago
Lisa’s daily lie
tauyen about 3 years ago
look at the bright side – Lisa isn’t in a policy making position
grumpypophobart about 3 years ago
Read a little more widely Lisa. The top three happiest countries, Norway, Denmark and Iceland, are all among the highest taxed countries in the Organization for Economic Cooperation and Development (OECD), in terms of total tax revenue as a percentage of GDP. The widely enjoyed social benefits residents get in exchange for their taxes, such as universal health care, access to education and subsidized parental leave, could have something to do with the “strong social foundations” touted by Sachs. https://www.cnbc.com/2017/08/09/the-happiest-countries-in-the-world-also-pay-a-lot-in-taxes.html
lucky_irishman5 about 3 years ago
I’m 63, middle class who received a tax break under Trump but now my tax preparer has warned me that I’m looking at a big tax jump under the biden plan. FYI for all those good folks who are receiving Social Security, biden voted twice to tax SS benefits. Just a tidbit of information.
ndblackirish97 about 3 years ago
LMAO! Oh look, it’s the Conservative fearmongering talking point. Any tax hike on the extremely wealthy is going to destroy the economy. Just like the 90% marginal tax rate on the wealthy of the mid 20th century did to America…oh wait….it brought economic boom until Reagan’s GOP introduced Trickle Down corruption.
rasjoy about 3 years ago
One of the few times that the responses <though disagreeing , are mostly cival-maybe there’s hope for us after all!