I'm not sure how I feel about the impact on the deficit. I was a deficit hawk for a long time, but it's apparent that these jokers in this town are clever enough to kick this down the road far enough that my kids are probably safe from it..and probably grandkids, too. The ceiling may not cave in before global warming induced floods or Fatty Fat induced nuclear holocaust. National debt isn't keeping me up at night lately.
I'm more concerned that:
-this is being sold as something revolutionary and Reagan-esque - when in reality is is a couple cigars a month and maybe an extra trip to Cracker Barrel...it's ok for what it is, but stop the spin and just call it the Corporate Tax Cut
-that they didn't touch the hedge/real estate investment loophole
-that they never even tried to bring a single Dem into talks....granted, this might not have been possible in today's climate, but had they taken a little more time and actually tried to get something just a little bipartisan, they'd have gotten more political capital, even if at the expense of some of the blind-faith-base
-that while there's some cuts and changes, there wasn't ever any real stomach for anything resembling 'overhaul'. Start from scratch without any deductions and work from there. Loopholes all derive from deductions and credits - start with a blank page and create new, clean definitions for deductions that you want to carve out
-that they won't quit putting unrelated **** into tax and spend bills.....wtf does Alaska oil have to do with federal income taxes???
-that by the end of last week nearly every R could say with a straight face "don't worry about that deficit part; growth is going wipe that out"...like they actually fn believed it after saying it enough times...we are not ever going to have 7% growth and every fn one of them knows it
dstieger wrote:
