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Lituya
Mountain climber
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Dec 20, 2017 - 05:04pm PT
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Indignación de la semana! Last week, net neutrality; this week, tax reform. Will all the Chicken Littles take Christmas week off? Stay tuned.
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stevep
Boulder climber
Salt Lake, UT
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Dec 20, 2017 - 06:02pm PT
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The question isn't if the sky is going to fall. It's not.
But the rich, who were already doing very well, are going to keep increasing that wealth gap. So they don't really need the cut. And most mainstream economists don't think this is really going to boost the economy all that much...they don't feel it was needed at all. All it's really going to do is boost the top of the ladder in exchange for more debt. Trump didn't even get rid of the the big giveaway to hedge funders as he campaigned he would.
If he really wanted to boost the economy and middle class, a massive infrastructure program would have been a better way to do it.
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Splater
climber
Grey Matter
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Dec 20, 2017 - 06:04pm PT
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Trickle Downer fanboi posts hourly swamp creature assault on the mainstream. As usual, the purpose is to hand over as much as possible to the kleptocracy despite a healthy economy and already record breaking inequity, in order that the hypocrite sacred cows can hide away when the eventual debt burden crush arrives.
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monolith
climber
state of being
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Dec 20, 2017 - 07:01pm PT
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How will Trump fund his massive infrastructre rebuild?
With more debt of course.
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Contractor
Boulder climber
CA
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Dec 20, 2017 - 07:15pm PT
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How will Trump fund his massive infrastructre rebuild? Toll roads and privatization pork.
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Kalimon
Social climber
Ridgway, CO
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Dec 20, 2017 - 07:28pm PT
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Trickle Downer fanboi posts hourly swamp creature assault on the mainstream. As usual, the purpose is to hand over as much as possible to the kleptocracy despite a healthy economy and already record breaking inequity, in order for the hypocrite sacred cows can hide away when the eventual debt burden crush arrives.
Yes, the American public has allowed themselves to be swindled once again in the name of pure evil greed. The wealthy in this country have an insatiable fixation with their own self gratification . . . unfortunately they must consume the well being of the general populace to sustain their nefarious appetites.
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zBrown
Ice climber
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Dec 20, 2017 - 08:13pm PT
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Kalimon
Social climber
Ridgway, CO
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Dec 20, 2017 - 08:41pm PT
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Bwaaahaaaa the Joker indeed! Gotham City is in peril folks, you gonna let someone else decide your fate for their own avarice? Same as it ever was just set in current context.
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Kalimon
Social climber
Ridgway, CO
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Dec 20, 2017 - 10:15pm PT
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People weren't going to vote for Hillary in general . . . she did not make them feel comfortable. The fact that they chose the extremely uncomfortable candidate is a real contradiction, but not surprising given that Hillary did not inspire confidence.
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Sierra Ledge Rat
Mountain climber
Old and Broken Down in Appalachia
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Dec 21, 2017 - 06:39am PT
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According the calculator, my individual taxes will increase by almost $2,000 per year.
But with the loss of my self-employed business deductions, my increase will skyrocket an additional $5,000 per year.
That means my total tax increase will be almost $7,000 per year. That's $583 fewer dollars per month in my paycheck.
But I am relieved that owners of private jets will get a big tax break.
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Bad Climber
Trad climber
The Lawless Border Regions
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Dec 21, 2017 - 11:16am PT
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Wow, xCon, being something of a d#ck is just reflexive to you. Why is that?
Here's a quote from the article:
In the hours after Congress approved the GOP tax cut plan, a handful of companies jumped to announce plans to share some of the proceeds on their employees and spend on infrastructure. Boeing was first out of the gate, followed by AT&T, which said it would give more than 200,000 unionized employees a special bonus of $1,000 once the tax bill is signed. The company also said it would increase its capital expenditures by $1 billion.
Both Fifth Third Bancorp and Wells Fargo followed, saying they would raise their minimum wage to $15 an hour. Fifth Third said it would also give workers a bonus, and Wells Fargo said it would give $400 million to community and nonprofit organizations next year.
BAd
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Gary
Social climber
Desolation Basin, Calif.
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Dec 21, 2017 - 01:44pm PT
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Wow! $15 per hour!!!111 That's what I'm talkin' about!
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