#2826

RE: Die Trump Präsidentschaft

in Redakteure/Politiker/Parteien 08.12.2017 16:23
von Willie (gelöscht)
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Von einem "republikanischen" Kommentator. Enjoy.

The G.O.P. Is Rotting
A lot of good, honorable Republicans used to believe there was a safe middle ground. You didn’t have to tie yourself hip to hip with Donald Trump, but you didn’t have to go all the way to the other extreme and commit political suicide like the dissident Jeff Flake, either. You could sort of float along in the middle, and keep your head down until this whole Trump thing passed.

Now it’s clear that middle ground doesn’t exist. That’s because Donald Trump never stops asking. First, he asked the party to swallow the idea of a narcissistic sexual harasser and a routine liar as its party leader. Then he asked the party to accept his comprehensive ignorance and his politics of racial division. Now he asks the party to give up its reputation for fiscal conservatism. At the same time he asks the party to become the party of Roy Moore, the party of bigotry, alleged sexual harassment and child assault.

There is no end to what Trump will ask of his party. He is defined by shamelessness, and so there is no bottom. And apparently there is no end to what regular Republicans are willing to give him. Trump may soon ask them to accept his firing of Robert Mueller, and yes, after some sighing, they will accept that, too.

That’s the way these corrupt bargains always work. You think you’re only giving your tormentor a little piece of yourself, but he keeps asking and asking, and before long he owns your entire soul.

The Republican Party is doing harm to every cause it purports to serve. If Republicans accept Roy Moore as a United States senator, they may, for a couple years, have one more vote for a justice or a tax cut, but they will have made their party loathsome for an entire generation. The pro-life cause will be forever associated with moral hypocrisy on an epic scale. The word “evangelical” is already being discredited for an entire generation. Young people and people of color look at the Trump-Moore G.O.P. and they are repulsed, maybe forever. ....

... The reason, I guess, is that the rot that has brought us to the brink of Senator Roy Moore began long ago. Starting with Sarah Palin and the spread of Fox News, the G.O.P. traded an ethos of excellence for an ethos of hucksterism....

... Today’s tax cuts have no bipartisan support. They have no intellectual grounding, no body of supporting evidence. They do not respond to the central crisis of our time. They have no vision of the common good, except that Republican donors should get more money and Democratic donors should have less.

The rot afflicting the G.O.P. is comprehensive — moral, intellectual, political and reputational.
https://www.nytimes.com/2017/12/07/opini...is-rotting.html


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#2827

RE: Die Trump Präsidentschaft

in Redakteure/Politiker/Parteien 08.12.2017 16:33
von Willie (gelöscht)
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TRUMP’S GOLDEN RULE OF GOVERNING

... You probably do not recognize it as a metaphor for the presidency Trump is actually administering. But it is both things simultaneously. The only weak point in the analogy is that, back in 2013, the rest of us hundreds of millions of Americans didn’t have to inhabit the hotel suite with him.

It is well-documented that Trump is consumed by his vendetta against Barack Obama. “It’s his only real position,” one top European diplomat told Buzzfeed earlier this year. “He will ask: ‘Did Obama approve this?’ And if the answer is affirmative, he will say: ‘We don’t.'”

As recently as this summer, he was amplifying random twitter accounts, retweeting anything that painted him in a better light than his predecessor, including a days-old, unscientific Twitter poll.

His single-minded obsession with dismantling the Affordable Care Act isn’t an impulse that stems from some deeply held right wing ideology, but from his primitive desire to brutalize Obama, the person, in the public square. He sees the steady progress he’s made rolling back Obama-era regulations and administrative action not as policy changes that will serve the public interest, or as legacy burnishing accomplishments in their own right, but as his most proximate means of needling a defenseless nemesis. Of owning Obama. Nay, of pwning him. ....

A similar error has driven Trump to place America on a path to global isolation and possibly to war. As a presidential candidate Trump trashed the global powers agreement to denuclearize Iran. His position was as much a function of his grudge against Obama as of his membership in the Republican Party, but it had no basis whatsoever in the merits of the deal, which he did not understand at the time, and does not understand to this day. His decision to decertify the deal last week stems entirely from the humiliation he feels every 90 days when, by law, he must attest to whether the deal is in the national interest, and whether Iran is in compliance with it. Refusing serves the dual purpose of ending the shame he feels over having to personally validate something Obama did, and of peeing in a bed he imagines Obama still slumbers in. He does not grasp that it is actually our bed, and his job is to keep the bed unsoiled.

I could tell the same story about Trump’s EPA terminating the Clean Power Plan, Trump’s own decision to pull out of the Paris Climate Accord, Trump’s withdrawal from the Trans-Pacific Partnership, and even Trump’s reckless anti-diplomatic comments about North Korea. But you get the point. There is no unearthed proof that the compromising Moscow incident ever happened, but Trump’s conduct in office reflects the psychology that supposedly inspired it uncannily. It is the best reason to think the pee tape actually exists.

As long as Trump is president, America will be subject to government by pee-pee tape. He will eventually feel the splashback, but by then we will all be drenched.
https://crooked.com/article/trump-golden...rning-pee-tape/



zuletzt bearbeitet 08.12.2017 16:43 | nach oben springen

#2828

RE: Die Trump Präsidentschaft

in Redakteure/Politiker/Parteien 08.12.2017 16:34
von Willie (gelöscht)
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The Steele Dossier on Trump and Russia Is Looking More and More Real
When news surfaced at the beginning of the year that British intelligence agent turned private investigator Christopher Steele had compiled a report on Donald Trump’s ties to Russia, news reports immediately treated its findings as radioactive. The implications of Steele’s reporting were spy-movie-unreal: Trump was the subject of Russian financial and even sexual blackmail, and he and his advisers had been openly colluding with Moscow.

Two details in particular made the dossier seem suspect. First, its report that Trump had paid Russian prostitutes to urinate on a bed that had been used by Barack Obama. And second, the report alleged that Michael Cohen, a Trump crony with Russian contacts, had met in Prague with Russian intelligence officials. ....

... Most reporters have treated the say-so of Cohen, a Trump hanger-on laden with extremely shady associations, as implicitly more credible than the reporting of a British intelligence agent with years of expertise. That is probably a mistake.

And what about the bit about the prostitutes? The detail has been endlessly described as “salacious,” placing it in the category of National Enquirer–type gossip of dubious veracity. We don’t have any idea whether that detail is true. However, Brian Beutler made a fairly persuasive case that Trump has displayed during his presidency the exact same kind of pathological, self-destructive jealousy of Barack Obama (who had publicly humiliated Trump two years before the alleged incident).

As time goes by, more and more of the claims first reported by Steele have been borne out. In general, there is a split between the credibility afforded the dossier by the mainstream media and by intelligence professionals. The former treat it is gossip; the latter take it seriously. ..."
http://nymag.com/daily/intelligencer/201...-more-real.html



zuletzt bearbeitet 08.12.2017 16:43 | nach oben springen

#2829

RE: Die Trump Präsidentschaft

in Redakteure/Politiker/Parteien 08.12.2017 16:44
von Willie (gelöscht)
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#2830

RE: Die Trump Präsidentschaft

in Redakteure/Politiker/Parteien 12.12.2017 16:42
von Willie (gelöscht)
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The World Has Taken Trump’s Measure
From Asia to Europe, he has squandered America’s influence and moral authority.

Donald Trump campaigned on a pledge to make America great again. As president he is doing the opposite: He is making America smaller than at any time in the past 100 years.
https://www.wsj.com/articles/the-world-h...4&ad_id=6636272


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#2831

RE: Die Trump Präsidentschaft

in Redakteure/Politiker/Parteien 12.12.2017 18:56
von Willie (gelöscht)
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So sieht surrender to a foreign power and an abdication of responsibility aus:

Exclusive: Rex Tillerson, In Meeting With U.S. Diplomats, Says Russia ‘Interfered’ in Election
The secretary of state acknowledged Moscow’s 2016 interference. Then he continued to talk about cutting back on U.S. diplomacy.

https://www.thedailybeast.com/exclusive-...red-in-election



zuletzt bearbeitet 12.12.2017 19:35 | nach oben springen

#2832

RE: Die Trump Präsidentschaft

in Redakteure/Politiker/Parteien 13.12.2017 17:32
von Willie (gelöscht)
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‘Fake News,’ Trump’s Obsession, Is Now a Cudgel for Strongmen
President Trump routinely invokes the phrase “fake news” as a rhetorical tool to undermine opponents, rally his political base and try to discredit a mainstream American media that is aggressively investigating his presidency.

But he isn’t the only leader enamored with the phrase. Following Mr. Trump’s example, many of the world’s autocrats and dictators are taking a shine to it, too.

When Amnesty International released a report about prison deaths in Syria, the Syrian president, Bashar al-Assad, retorted that “we are living in a fake-news era.” President Nicolás Maduro of Venezuela, who is steadily rolling back democracy in his country, blamed the global media for “lots of false versions, lots of lies,” saying “this is what we call ‘fake news’ today.” ...
https://www.nytimes.com/2017/12/12/world...-dictators.html


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#2833

RE: Die Trump Präsidentschaft

in Redakteure/Politiker/Parteien 13.12.2017 17:41
von Willie (gelöscht)
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Yes, the Truth Still Matters
Of all the questions that the ascendancy of Donald Trump has raised — on the value of political experience in governing, on the fitness of business executives as government executives or the profile of the Republicans as defenders of the rich and the Democrats as the sentinels of the poor — none is as perplexing as perhaps the central question of the age:

Does the truth still matter?

... Mr. Trump has turned that accepted truth on its head, sowing doubts about the veracity of news reporting by promoting the notion that the mainstream media spews “fake news.” Employing an evocative, sinister phrase dating to the French Revolution and embraced by Lenin and his Soviet successors, he has declared that great portions of the press are the “enemy of the people.”

https://www.nytimes.com/2017/12/11/opini...-fake-news.html


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#2834

RE: Die Trump Präsidentschaft

in Redakteure/Politiker/Parteien 13.12.2017 17:45
von Willie (gelöscht)
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Will Trump's lows ever hit rock bottom?
With his latest tweet, clearly implying that a United States senator would trade sexual favors for campaign cash, President Trump has shown he is not fit for office. Rock bottom is no impediment for a president who can always find room for a new low.

A president who'd all but call a senator a whore is unfit to clean toilets in Obama's presidential library or to shine George W. Bush's shoes: Our view

https://www.usatoday.com/story/opinion/2...ates/945947001/


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#2835

RE: Die Trump Präsidentschaft

in Redakteure/Politiker/Parteien 15.12.2017 16:40
von Willie (gelöscht)
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Trump’s Numbers Near a Tipping Point
Things fell apart for Nixon when he dropped below 30 percent approval in his second term. Trump is getting there in his first year.

At 32 percent in the most recent Pew and Monmouth polls, he is perilously close to what most historians and political scientists say is a tipping point of 30 percent, below which a president can no longer effectively lead.
https://www.thedailybeast.com/trumps-num...a-tipping-point


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#2836

RE: Die Trump Präsidentschaft

in Redakteure/Politiker/Parteien 19.12.2017 10:24
von nahal | 24.451 Beiträge

A New York cosmetics executive who publicly alleged Donald Trump sexually assaulted her in the 1990s repeatedly solicited the future president to become his campaign makeup artist and to pitch her new product line in the months before her story roiled the 2016 race, according to the woman and her contemporaneous emails.

http://thehill.com/homenews/administrati...-before-her-sex


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#2837

RE: Die Trump Präsidentschaft

in Redakteure/Politiker/Parteien 19.12.2017 10:37
von nahal | 24.451 Beiträge

So ein Glück, dass dieser Verbrecher Obama nicht mehr im Amt ist !

"In its determination to secure a nuclear deal with Iran, the Obama administration derailed an ambitious law enforcement campaign targeting drug trafficking by the Iranian-backed terrorist group Hezbollah, even as it was funneling cocaine into the United States, according to a POLITICO investigation."

https://www.politico.com/interactives/20...-investigation/


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#2838

RE: Die Trump Präsidentschaft

in Redakteure/Politiker/Parteien 21.12.2017 12:31
von nahal | 24.451 Beiträge

"trickle down economics"

"American Businesses Announce Major Bonuses For Employees Because Of Trump Tax Reform"


https://www.dailywire.com/news/24926/ame...s-ryan-saavedra


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#2839

RE: Die Trump Präsidentschaft

in Redakteure/Politiker/Parteien 21.12.2017 13:18
von Maga-neu | 35.163 Beiträge

Zitat von nahal im Beitrag #2837
So ein Glück, dass dieser Verbrecher Obama nicht mehr im Amt ist !

"In its determination to secure a nuclear deal with Iran, the Obama administration derailed an ambitious law enforcement campaign targeting drug trafficking by the Iranian-backed terrorist group Hezbollah, even as it was funneling cocaine into the United States, according to a POLITICO investigation."

https://www.politico.com/interactives/20...-investigation/

Wow, das hätte sogar ich nicht gedacht. Egal, Obama ist der Gute und Trump ist der Böse.


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#2840

RE: Die Trump Präsidentschaft

in Redakteure/Politiker/Parteien 21.12.2017 13:20
von nahal | 24.451 Beiträge

"With the new law, families will be also able to withdraw up to $10,000 per year tax-free for elementary, high school or homeschool expenses."

https://www.forbes.com/sites/katiepf/201...s/#6a5d9615729a


Kein Wunder dass Willie-Boy still geworden ist.



zuletzt bearbeitet 21.12.2017 13:21 | nach oben springen

#2841

RE: Die Trump Präsidentschaft

in Redakteure/Politiker/Parteien 22.12.2017 21:49
von Willie (gelöscht)
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Zitat von nahal im Beitrag #2836
A New York cosmetics executive who publicly alleged Donald Trump sexually assaulted her in the 1990s repeatedly solicited the future president to become his campaign makeup artist and to pitch her new product line in the months before her story roiled the 2016 race, according to the woman and her contemporaneous emails.

http://thehill.com/homenews/administrati...-before-her-sex


A Running List Of The Women Who’ve Accused Donald Trump Of Sexual Misconduct
All their stories in one place.
https://www.huffingtonpost.com/entry/a-r...4b0162c043a7212

What Happened to the 19 Women Who Accused Trump of Sexual Misconduct
This post was originally published in November 2017. It has been updated with additional harassment claims and public statements from Trump’s accusers.
http://nymag.com/daily/intelligencer/201...t-accusers.html

The 22 women who have accused Trump of sexual misconduct
- At least 22 women have accused President Donald Trump of sexual misconduct between the 1970s and 2013.
- Renewed attention has been brought to the allegations amid a national conversation concerning sexual misconduct.
- Trump continues to deny all of the accusations, calling the women "liars."
http://www.businessinsider.com/women-acc...ct-list-2017-12

https://scontent-ort2-1.xx.fbcdn.net/v/t...7be&oe=5AB4BEE3


More than 50 people have faced consequences after sexual misconduct allegations. But not Trump.
More than a dozen women have accused him of harassment or other misconduct. He's still president.

Trump has been accused of sexual harassment, assault, or other misconduct by more than a dozen women, and has been caught on tape bragging that “when you’re a star,” women let you “grab ’em by the pussy.” Despite all this, he remains the country’s chief executive and commander-in-chief, and his press secretary has brushed aside the allegations against him by saying, “the people of this country, at a decisive election, supported President Trump.”

There are many reasons Trump hasn’t faced the same consequences as Weinstein and others, starting with the fact that Republicans in Congress — and voters — chose to support him despite women’s reports that he had harassed or assaulted them. Members of Congress criticized him, and a few even withdrew their endorsements, but House Speaker Paul Ryan and Senate Majority Leader Mitch McConnell ultimately stayed behind him, just as they do today.

It’s possible that this support could ebb. Trump’s lawyers are fighting a defamation lawsuit by Summer Zervos, who says Trump kissed and touched her without her consent in 2007 — her lawyers have subpoenaed all Trump campaign documents relating to “any woman alleging that Donald J. Trump touched her inappropriately.” If that suit makes it to the discovery phase, the American people could learn a lot more about the allegations against Trump.

Meanwhile, several women who say Trump harassed or assaulted them are calling for a congressional investigation into his behavior. They have been joined in their call by a group of Democrats in the House. “The #MeToo movement has arrived and sexual abuse will not be tolerated, whether it’s by a Hollywood producer, the chef of a restaurant, a member of Congress or the president of the United States,” said Rep. Lois Frankel (D-FL) earlier this month. “No man or woman is above the law.”
https://www.vox.com/identities/2017/12/2...p-the-reckoning



zuletzt bearbeitet 22.12.2017 22:28 | nach oben springen

#2842

RE: Die Trump Präsidentschaft

in Redakteure/Politiker/Parteien 22.12.2017 22:02
von Willie (gelöscht)
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Zitat von nahal im Beitrag #2838
"trickle down economics"

"American Businesses Announce Major Bonuses For Employees Because Of Trump Tax Reform"


https://www.dailywire.com/news/24926/ame...s-ryan-saavedra


Corporations Are Trying To Sell The GOP’s Narrative On Tax Cuts
Bonuses for workers are smart PR, but they don’t mean Republicans’ trickle-down fantasies are coming true.

...AT&T announced that it would give a one-time bonus of $1,000 to 200,000 workers. Its rival Comcast also promised a $1,000 bonus for 100,000 workers. Fifth Third Bancorp promised a $1,000 bonus for 13,500 employees, while raising its minimum wage to $15 an hour. Wells Fargo said it would raise its minimum wage to $15 an hour, too. Boeing announced a $300 million fund to be spent on training workers, upgrading facilities and matching workers’ charitable contributions....

While the employees getting these increases will undoubtedly be pleased, there are a few caveats that must be kept in mind.

First, many of these announcements refer to one-time bonuses, not permanent pay hikes. This is not what the GOP promised. The corporate tax cuts were made permanent on the grounds that companies needed the expectation of higher future after-tax profits in order to justify greater investment today. If the economy is following the course predicted by the Republicans, all these pay increases should be permanent, too.

The second caveat is that some of the increases may have little to do with the tax cut. They can be attributed instead to the tightening labor market, along with higher minimum wage laws. This is especially true of Wells Fargo, which is based in California. The state has already passed into law a $15 minimum wage, which is scheduled to be fully phased in by 2022.

Wells Fargo will be getting there a bit more quickly if it adopts its $15 minimum in 2018. It will also be applying that hike in parts of the country where the federal minimum wage of $7.25 an hour still sets the standard, but even in these other areas, a tightening labor market is putting upward pressure on wages. Last summer, Target announced that it would get to a minimum wage of $15 an hour by 2020. That announcement had no obvious connection to any expectation of a corporate tax cut.
https://www.huffingtonpost.com/entry/tax...kushpmg00000009

https://scontent-ort2-1.xx.fbcdn.net/v/t...fb5&oe=5AB71946

How the White House and Wells Fargo are trying to manipulate you, in one chart

Private Goldman Sachs report reveals what America’s biggest banks will get from GOP tax bill.

....On Wednesday, Wells Fargo announced it would be raising its minimum wage to $15 an hour — $1.50 more than its current floor. Advocates of the tax plan pointed to the raises as proof that Trump’s tax plan was already working to raise wages, but a spokesperson for the bank clarified Thursday that the wage increases were planned and not linked to the tax bill....

The raises — which, again, are not even specifically linked to the tax bill — will cost the bank approximately $80 million, a figure dwarfed by its $3.7 billion total savings, and Wells Fargo CEO Tim Sloan told CNN Money Tuesday that the bank also planned to invest in major share buybacks, a move that will enhance its shareholders’ wealth with no benefit to its wage-earning workers.

“Is it our goal to increase return to our shareholders and do we have an excess amount of capital? The answer to both is, yes,” Sloan said. “So our expectation should be that we will continue to increase our dividend and our share buybacks next year and the year after that and the year after that.”

None of the other banks included in the Goldman Sachs report — nor Goldman itself — has announced they will be using their tax cuts to increase wages.
...The savings also essentially mean that the Trump administration is reimbursing JP Morgan, Bank of America, and other banks for fines they were forced to pay during the Obama administration related to their role in the mortgage crisis ....

Many of the same middle class families who were victimized by Bank of America and others — those making raise between $40,000 and $50,000 a year — will see their taxes rise by more than $5 billion. 92 million families making $200,000 a year or less will see their taxes hiked over the next decade, and 13 million people will lose their health insurance.
https://thinkprogress.org/goldman-report...n-759ec84f8eee/



zuletzt bearbeitet 22.12.2017 22:29 | nach oben springen

#2843

RE: Die Trump Präsidentschaft

in Redakteure/Politiker/Parteien 22.12.2017 22:22
von Willie (gelöscht)
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Zitat von nahal im Beitrag #2840
"With the new law, families will be also able to withdraw up to $10,000 per year tax-free for elementary, high school or homeschool expenses."

https://www.forbes.com/sites/katiepf/201...s/#6a5d9615729a


Kein Wunder dass Willie-Boy still geworden ist.

The real cost of the Republican tax bill
Is Trump’s IRS really going to tighten the screws on giant new loopholes?

The tax law Republicans passed this week increases the deficit by $1.5 trillion inside the 10-year scoring window as assessed by conventional methods.

There are other models out there, like the Penn-Wharton Budget Model, that are considerably less enthusiastic about the growth-boosting effect of debt-financed tax cuts. They say the right number for revenue loss is between $1.9 trillion and $2.2 trillion — and between $900 billion and $1.2 trillion more than JCT thinks.
https://www.vox.com/2017/12/22/16812144/...s-cost-debt-irs

How Republicans misled the American public on their tax bill
From misleading statements to downright lies: three ways Republicans broke commitments on their tax bill.

And rather than granting a permanent tax cut to the middle class, the middle class gets a temporary one while corporations and the rich get the biggest benefits. An independent analysis shows that by 2027, 53 percent of taxpayers will see a tax increase — and 83 percent of the benefits will go to the top 1 percent.

Only time will tell if Republicans can deliver on their promise of unprecedented economic growth. But one thing is for certain: This tax law delivers on few of the commitments Republicans made to the American public.

This isn’t a middle-class tax cut — it’s a corporate tax cut
Top Republicans have been selling their tax bill — which gives corporations and businesses a massive tax cut, in addition to temporary changes for American individuals — as a middle-class tax cut.

An average American family of four will get keep an extra $2,059 of their income, House Speaker Paul Ryan has said in a tweet pinned to his Twitter feed.

While that’s true in the first year, the tax cut diminishes over time and ultimately disappears altogether in 2025, when Republicans sunset almost all the individual tax relief provisions. According to a new analysis from the Tax Policy Center, even when the bill offers an across-the-board tax cut, in the first years of its implementation upper-middle- and upper-class Americans would receive most of the benefits. Nearly two-thirds of the benefits go to the richest fifth of Americans in 2018, as Vox’s Dylan Matthews explained.

Even some Republicans are making the point. Rep. Mark Sanford (R-SC), who voted for the Republican tax plan, said the GOP isn’t telling the truth about what this tax bill is.
“Fundamentally the bill has been mislabeled,” Sanford told Washington Post reporter Erica Werner. “From a truth in advertising standpoint it would have been a lot simpler if we just acknowledged really on this bill, which is it’s fundamentally a corporate tax reduction and restructuring bill, period.”
https://www.vox.com/policy-and-politics/...l-promises-lies


4 winners and 4 losers from the Republican tax bill
Winners: tax accountants, Donald Trump, and corporate America.

On Friday, Donald Trump signed the Tax Cuts and Jobs Act into law, a $1.5 trillion proposal that gives corporations a massive permanent tax break, temporarily cuts rates for individuals, and repeals the Affordable Care Act’s individual mandate — a move that is estimated to leave 13 million fewer insured in the next 10 years.

Republicans haven’t let the fact that the bill is full of broken promises stand in the way of notching a legislative win by the year’s end. The final bill lowers the corporate rate from 35 percent to 21 percent, gives pass-through businesses like the Trump Organization a 20 percent tax deduction, increases the standard deduction, expands the child tax credit, and temporarily lowers individual rates across the board.

It’s a bill that by almost every official analysis overwhelmingly benefits America’s highest earners, and doesn’t do much to simplify the tax code. But as Republicans said, in the first year almost all Americans will see at least a marginal decline in their taxes.

Here are some of the major winners and losers from this GOP tax plan:

Winner: corporate America
A massive corporate tax cut has been the centerpiece of the Republican tax plan from the beginning. This bill permanently cuts the corporate tax rate from 35 percent to 21 percent to bring it closer to that of countries like Canada, which has a 15 percent corporate tax rate, or Ireland, which has a 12.5 percent rate.
Republicans also repealed the 20 percent corporate alternative minimum tax, which was set up in the current tax code to ensure that corporations paid at least some taxes.
The bill also changes tax provisions for American companies abroad: Corporations will no longer have to pay corporate taxes on money they claim to have earned abroad — a move that could encourage companies to keep income in foreign tax havens. Corporate income brought back to the United States will be taxed between 8 and 15.5 percent, instead of the current 35 percent.
The idea is that the lower tax rate will push corporations to invest more in the United State, raise wages, increase jobs, and unleash unprecedented economic growth.
“It’s in all of our best interest to have these tax cuts for corporations so that they will have more money to invest in their business and pay their workers,” Rep. Mike Conaway (R-TX) said.
By most analyses, this is largely a false promise. ....

Loser: individual taxpayers — in the long term
The tax cut for individuals will slowly decrease over time — and end altogether in 2025.
As Matthews explains, the thresholds for individual tax brackets are adjusted according to chained CPI, a lower measure of inflation than standard CPI, which is used currently. This will increase tax revenue over time by pushing people into higher tax brackets.
Then in 2025, the individual tax relief in the Republican tax bill expires altogether. This is due to a Senate budget rule that restricts the cost of the tax bill to $1.5 trillion. Republicans decided to sunset nearly all the individual tax cuts in order to make the corporate tax cuts permanent.
The result will be a tax increase in 2027 for more than half of all Americans — 53 percent, according to an analysis from the Tax Policy Center....

Loser: fiscal conservatism
The corporate tax cut, along with the bill’s other tax cuts, is expensive. The tax bill costs $1.46 trillion over 10 years — or roughly $1 trillion when adjusted for economic growth. Either way, it’s a substantial impact on the deficit.
You’d expect conservatives who have spent their careers decrying the dangers of the national debt to shudder at such an estimate. But not so much.
Fiscal conservatives and deficit hawks seem to have changed their tune, all in the name of massive tax cuts that would primarily benefit the wealthy. ...

Loser: Blue states
Twelve Republicans voted against the final tax bill in the House. Eleven of those 12 were Republicans from New York, New Jersey, and California — high-tax blue states that are disproportionately disadvantaged by this tax bill.
The defections stem from two major changes to the tax code, meant to help offset the cost of a massive tax break for corporations.

The bill changes the mortgage interest deduction, lowering the cap for newly issued loans to $750,000 from the current $1 million threshold. Those in the real estate industry say this would reduce the incentive to buy and build homes, which could affect lenders, construction companies, and real estate firms. It also disproportionately impacts states with higher home prices, like California, New York, and New Jersey.
Americans in Democratic-leaning states, which typically have higher income and property taxes, are also adversely affected by this bill’s new $10,000 cap on the state and local income and property tax deduction.
Republicans in support of the bill say neither of these changes will impact Americans because of the increased standard deduction, as people are less likely to itemize their deductions — but it was enough to lose the votes of 11 blue-state Republicans.

Winner: Tax accountants
Republicans passed a tax bill that does very little to actually simplify the tax code. Despite early efforts from the House, which passed a version of the tax bill that condensed the current seven tax brackets to four and cut many of the deductions — like those for teachers’ supplies and high medical expenses — the final draft of the tax bill does no such thing.

As Jim Tankersley wrote for the New York Times, this tax bill “creates as many new preferences for special interests as it gets rid of”:
It will keep corporate accountants busy for years to come. And no taxpayer will ever see the postcard-size tax return that President Trump laid a kiss on in November as Republican leaders launched their tax overhaul effort.

Loser: Obamacare marketplaces
The tax bill isn’t just a tax bill. It’s also a health care bill.

Republicans have agreed to repeal the Affordable Care Act’s individual mandate, which taxes Americans who don’t purchase health insurance. Republicans are calling it a blow to the “heart” of Obamacare, which they failed to repeal earlier this year.
The impact of repealing the individual mandate could be serious. The Congressional Budget Office estimates that it could leave as many as 13 million fewer insured over the next 10 years, and increase premiums by an average 10 percent over the next decade.
https://www.vox.com/2017/12/20/16790040/gop-tax-bill-winners



zuletzt bearbeitet 22.12.2017 23:00 | nach oben springen

#2844

RE: Die Trump Präsidentschaft

in Redakteure/Politiker/Parteien 22.12.2017 22:36
von Willie (gelöscht)
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Money Talks: Blackstone, Carlyle, KKR dial up donations to key GOP lawmakers as tax bill protects carried interest loophole
If you want to know how one of Wall Street’s biggest players managed to keep a massive and controversial loophole in the GOP tax bill, just follow the money.

The $2.5 trillion private equity business, comprised of Wall Street behemoths Blackstone Group (BX), Carlyle Group (CG) and KKR & Co. (KKR), funneled massive amounts of campaign cash into the coffers of Republican leaders in the House and the Senate as these same lawmakers voted for a tax bill that preserves the so-called carried interest loophole, campaign contribution documents reviewed by FOX Business show.

In 2017 alone, members of the three private equity firms gave a combined $1.31 million to GOP lawmakers in the House and the Senate, compared to just $438,000 to Democrats, documents show.
http://www.foxbusiness.com/politics/2017...t-loophole.html


Billionaire Koch Brothers Invest Millions More to Promote Tax Overhaul

Groups backing the Republican tax-overhaul plan invested tens of millions of dollars promoting the legislation only to see its popularity decline over time. That isn’t stopping one group of conservatives from investing millions more in marketing.

Conservative groups led by billionaire industrialists Charles and David Koch are beginning a multimillion-dollar public relations campaign to highlight the benefits of the freshly passed legislation.

The effort comes amid dismal polling for the tax legislation. A new Wall Street Journal/NBC News poll found that 41% of Americans surveyed viewed the bill as a bad idea, up from 35% in October.
That’s despite the Republican-aligned groups spending at least $30 million to market the bill as good for the middle class.
https://www.wsj.com/livecoverage/tax-bil...card/1513859346


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#2845

RE: Die Trump Präsidentschaft

in Redakteure/Politiker/Parteien 22.12.2017 22:45
von Willie (gelöscht)
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House Republicans Don’t Know Some Very Basic Facts About The Tax Bill They Wrote
It took us 18 tries to find a GOP congressman who could tell us the individual income tax brackets.
https://www.huffingtonpost.com/entry/hou...kushpmg00000009


After GOP tax bill passes, worker bonuses get headlines but the real money goes to stock buybacks
Trickle-down economics don't work.
https://thinkprogress.org/trump-tax-buybacks-5f9f78cf6e27/


You Cannot Be Too Cynical About the Republican Tax Bill
The rush to enact the tax bill was designed to mask — as a break for the middle class — what is in fact a $1.4 trillion package of benefits for key donors and lobbyists, the richest members of Congress, President Trump, his family and other families like his.

The speed from introduction to passage — seven weeks, with no substantive hearings — effectively precluded expert examination of the legislation’s regressive core, its special interest provisions and the long-term penalties it imposes on the working poor and middle class through the use of an alternative measure of inflation — the “chained CPI.”

Two days before Congress gave final approval, a group of 13 tax law experts released the most incisive critique of the tax bill to date, a 30-page document called “The Games They Will Play: An Update on the Conference Committee Tax Bill.”
The primary authors of the report — Ari Glogower, David Kamin, Rebecca Kysar, and Darien Shanske — describe the legislation as “a substantial blow to the basic integrity of the income tax” that will “advantage the well-advised in ways that are both deliberate and inadvertent.”
https://www.nytimes.com/2017/12/21/opini...l?smid=fb-share

https://scontent-ort2-1.xx.fbcdn.net/v/t...bed&oe=5AB69011
https://scontent-ort2-1.xx.fbcdn.net/v/t...cae&oe=5ABBF918
https://scontent-ort2-1.xx.fbcdn.net/v/t...655&oe=5AFD2A6C
https://scontent-ort2-1.xx.fbcdn.net/v/t...18e&oe=5ACB9FD4


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#2846

RE: Die Trump Präsidentschaft

in Redakteure/Politiker/Parteien 22.12.2017 22:55
von Willie (gelöscht)
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The GOP Tax Cuts Are Even More Unpopular Than Past Tax Hikes
About a third of voters currently support the Republican tax reform package, according to an average of five surveys released1 this month. In a Quinnipiac University survey, just 25 percent of voters approved of the plan. Surveys from ABC News/Washington Post, CNN, Morning Consult and YouGov put approval of the plan slightly higher, but all are still at 36 percent or lower. Meanwhile, an average of the five polls puts opposition at 46 percent.
https://fivethirtyeight.com/features/the...past-tax-hikes/

Americans have already made up their minds about the tax bill — and it looks brutal for the GOP
http://www.businessinsider.com/trump-gop...d-polls-2017-12

Most voters disapprove of GOP tax proposals, think they help the wealthy most, poll says
Most American voters — 52 percent — disapprove of the GOP proposals to overhaul the tax system, according to a Quinnipiac University poll released Wednesday. Only 25 percent of respondents approve of the Republican effort.
https://www.cnbc.com/2017/11/15/voters-d...-poll-says.html


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#2847

RE: Die Trump Präsidentschaft

in Redakteure/Politiker/Parteien 22.12.2017 23:05
von Willie (gelöscht)
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Republicans warn Trump of 2018 bloodbath
The White House knows the midterm election will probably be bad. Behind the scenes, top aides are scrambling to avoid the worst.

A few weeks before Alabama's special Senate election, President Donald Trump’s handpicked Republican National Committee leader, Ronna Romney McDaniel, delivered a two-page memo to White House chief of staff John Kelly outlining the party’s collapse with female voters.
The warning, several people close to the chairwoman said, reflected deepening anxiety that a full-throated Trump endorsement of accused child molester Roy Moore in the special election — which the president was edging closer to at the time — would further damage the party’s standing with women. ...

The backstage talks provide a window into how those closest to Trump are bracing for a possible bloodbath in the 2018 midterms, which could obliterate the Republican congressional majorities and paralyze the president’s legislative agenda. The potential for a Democratic wave has grown after Republican losses this fall in Virginia, New Jersey and Alabama, and as the president’s approval ratings have plummeted to the 30s. ...

Among GOP leaders, however, there is widespread concern heading into 2018. Senate Majority Leader Mitch McConnell (R-Ky.) has said privately that both chambers could be lost in November. House Speaker Paul Ryan (R-Wis.) has told donors that he fears a wave of swing district Republican lawmakers could retire rather than seek reelection.
https://www.politico.com/story/2017/12/2...-warning-312404


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#2848

RE: Die Trump Präsidentschaft

in Redakteure/Politiker/Parteien 22.12.2017 23:24
von Willie (gelöscht)
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Tax Cuts Buoy Republicans, but They’re Swimming Against an Undertow
The sweeping tax overhaul approved by Congress this week hands Republicans a long-sought achievement they believe will bolster their defenses in next year’s midterm campaign, but party officials concede the measure may only mitigate their losses in what is shaping up to be a punishing election year.

While the tax legislation is broadly unpopular as it reaches President Trump’s desk, the bill offers Republicans the sort of signature accomplishment they have been lacking to galvanize their demoralized donors and many of their voters.
Republican lawmakers, who spent much of this year forced to explain or defend Mr. Trump’s erratic behavior, now have an opportunity to go on the offensive with an issue that unites their increasingly fractious party. And they hope that up-for-grabs voters will reward them should the economy keep growing while their tax bills are falling....

...“Republicans have a big storm coming at them,” he added. “We just don’t know if it’s a bad wind storm or a Category Five hurricane.”
Mr. Trump has the lowest approval rating of any modern president this soon into his tenure, and midterm elections are inevitably referendums on the party that controls the White House. He is especially unpopular among women, who in this year’s statewide and special elections have overwhelmingly supported Democrats. According to a new NBC News-Wall Street Journal poll, 62 percent of female voters disapproved of Mr. Trump.
https://www.nytimes.com/2017/12/21/us/po...erms-trump.html


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#2849

RE: Die Trump Präsidentschaft

in Redakteure/Politiker/Parteien 22.12.2017 23:27
von Willie (gelöscht)
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Prosecutors Said to Seek Kushner Records From Deutsche Bank
Federal prosecutors in Brooklyn have sought bank records about entities associated with the family company of Jared Kushner, President Trump’s son-in-law and senior adviser, according to four people briefed on the matter.

In recent weeks, prosecutors from the United States attorney’s office in the Eastern District of New York subpoenaed records from Deutsche Bank, the giant German financial institution that has lent hundreds of millions of dollars to the Kushner family real estate business.
https://www.nytimes.com/2017/12/22/busin...6&rref=politics


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#2850

RE: Die Trump Präsidentschaft

in Redakteure/Politiker/Parteien 22.12.2017 23:42
von Willie (gelöscht)
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Big German Bank, Key to Trump’s Finances, Faces New Scrutiny
During the presidential campaign, Donald J. Trump pointed to his relationship with Deutsche Bank to counter reports that big banks were skeptical of doing business with him.

After a string of bankruptcies in his casino and hotel businesses in the 1990s, Mr. Trump became somewhat of an outsider on Wall Street, leaving the giant German bank among the few major financial institutions willing to lend him money.

Now that two-decades-long relationship is coming under scrutiny.

Banking regulators are reviewing hundreds of millions of dollars in loans made to Mr. Trump’s businesses through Deutsche Bank’s private wealth management unit, which caters to an ultrarich clientele, according to three people briefed on the review who were not authorized to speak publicly. The regulators want to know if the loans might expose the bank to heightened risks.

Separately, Deutsche Bank has been in contact with federal investigators about the Trump accounts, according to two people briefed on the matter. And the bank is expecting to eventually have to provide information to Robert S. Mueller III, the special counsel overseeing the federal investigation into the Trump campaign’s ties to Russia. ...
https://www.nytimes.com/2017/07/19/busin...w-scrutiny.html


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