{"id":30462,"date":"2017-11-28T13:32:04","date_gmt":"2017-11-28T21:32:04","guid":{"rendered":"http:\/\/www.politicsplus.org\/blog\/?p=30462"},"modified":"2017-11-28T13:32:04","modified_gmt":"2017-11-28T21:32:04","slug":"tax-scam","status":"publish","type":"post","link":"https:\/\/www.politicsplus.org\/blog\/2017\/11\/28\/tax-scam\/","title":{"rendered":"Tax Scam!"},"content":{"rendered":"<p><font color=\"#0000ff\">One of the stories still dominating the news is the last push by the Republican Party to steal $billions from poor and middle classes and give it billionaires and their giant corporations.&#160; It just passed out of the Senate Finance Committee a few minutes ago, and it is now free for a final vote in the Senate, perhaps on Thursday.&#160; If this passes, you&#8217;re going to need a chastity belt for your butt.&#160; Paul Krugman calls it a tax scam.<\/font><\/p>\n<blockquote>\n<p><img loading=\"lazy\" decoding=\"async\" title=\"1128tax_scam_protest\" style=\"border-left-width: 0px; border-right-width: 0px; background-image: none; border-bottom-width: 0px; float: none; padding-top: 0px; padding-left: 0px; margin-left: auto; display: block; padding-right: 0px; border-top-width: 0px; margin-right: auto\" border=\"0\" alt=\"1128tax_scam_protest\" src=\"https:\/\/www.7thstep.org\/blog\/wp-content\/uploads\/2017\/11\/1128tax_scam_protest.jpg\" width=\"700\" height=\"366\" \/><\/p>\n<p>Donald Trump likes to declare that every good thing that happens while he\u2019s in office \u2014 job growth, rising stock prices, whatever \u2014 is the biggest, greatest, best ever. Then the fact-checkers weigh in and quickly determine that the claim is false.<\/p>\n<p>But what\u2019s happening in the Senate right now really does deserve Trumpian superlatives. The bill Republican leaders are trying to ram through this week without hearings, without time for even a basic analysis of its likely economic impact, is <strong>the biggest tax scam in history<\/strong>. It\u2019s such a big scam that it\u2019s not even clear who\u2019s being scammed \u2014 middle-class taxpayers, people who care about budget deficits, or both.<\/p>\n<p>One thing is clear, however: One way or another, the bill would hurt most Americans. The only big winners would be the wealthy \u2014 especially those who mainly collect income from their assets rather than working for a living \u2014 plus tax lawyers and accountants who would have a field day exploiting the many loopholes the legislation creates&#8230; [<em>emphasis added<\/em>]<\/p>\n<\/blockquote>\n<p><font color=\"#0000ff\">Inserted from &lt;<a href=\"https:\/\/www.nytimes.com\/2017\/11\/27\/opinion\/senate-tax-bill-scam.html\" target=\"_blank\">NY Times<\/a>&gt;<\/font><\/p>\n<p><font color=\"#0000ff\">Paul Krugman goes on to evaluate the scam in detail.&#160; Please click through to read the rest.<\/font><\/p>\n<p><font color=\"#0000ff\">Chris Hayes also covered this story with David Kay Johnston and others.<\/font><\/p>\n<p><font color=\"#0000ff\"><iframe loading=\"lazy\" height=\"500\" src=\"http:\/\/player.theplatform.com\/p\/7wvmTC\/MSNBCEmbeddedOffSite?guid=n_hayes_hgoptaxplan_171127\" width=\"635\" scrolling=\"no\"><\/iframe><\/font><\/p>\n<p><font color=\"#0000ff\">Let me reiterate&#160; when the tax cuts tank the economy, as they surely will, Republicans will expect the middle class and poor, YOU and ME, to pay for it.<\/font><\/p>\n<h1 align=\"center\"><font color=\"#0000ff\"><font style=\"font-weight: bold\">RESIST THE REPUBLICAN REICH!!<\/font><\/font><\/h1>\n","protected":false},"excerpt":{"rendered":"<p>One of the stories still dominating the news is the last push by the Republican Party to steal $billions from poor and middle classes and give it billionaires and their giant corporations.&#160; It just passed out of the Senate Finance Committee a few minutes ago, and it is now free for a final vote in <a href='https:\/\/www.politicsplus.org\/blog\/2017\/11\/28\/tax-scam\/' class='excerpt-more'>[&#8230;]<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-30462","post","type-post","status-publish","format-standard","hentry","category-politics","category-5-id","post-seq-1","post-parity-odd","meta-position-corners","fix"],"_links":{"self":[{"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/posts\/30462","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/comments?post=30462"}],"version-history":[{"count":0,"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/posts\/30462\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/media?parent=30462"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/categories?post=30462"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/tags?post=30462"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}