You may only post in this thread if an abomination like the GOP tax bill wouldn't have a chance of getting passed in...

You may only post in this thread if an abomination like the GOP tax bill wouldn't have a chance of getting passed in your country

>voted to cut taxes and create jobs
Voted for more deficit spending*

Republicans are Conservatives when out of power and Keynesians when in.

They're hiding an extra 1.5 trillion in debt on counting the middle class tax breaks as if they would expire but they're gambling no future congress will allow that to happen and screw ordinary people. Meanwhile they ade the corporate tax cuts ironclad permanent. It's 3 trillion dollars more in debt, not for healthcare or infrastructure, but to provide a tax cut for the rich.

Well done America.

first of all our debt percentage is not that high, 2nd our corporate tax is high as fuck in america , it needs to get lower its fucking 39%

35

brainlet

>our debt percentage is not that high
Well, not to worry, your cortporate tax rate is 20% now, congratulations, I'm sure stockholders will overwhelmingly vote to re-distribute their extra money amongst workers or that they will selflessly re-invest expecting lower returns.

You're absolutely correct, what would third worlders like me know about government mismanagement.

I support the tax plan, it's got a lot of corporate welfare but it also does stuff to help middle class like tax breaks for people with kids under 17, also punishes blue states which is cool, I also save a little bit of money as well. I'm glad Trump has a W and hopefully we can move on to other stuff like infrastructure and immigration

yeah yeah 20% was too much but it had to be lower should've been 30%
its 39 with the state tax
>also punishes blue states which is cool
kys edgy retard

Costal elite (jew) detected

our corporate tax rates are actually on par with most other countries now. people always want lower tax rates for themselves yet they never want the rich to have them or else its just "a tax break for the rich" or whatever narrative is pushed even though the top bracket already pays like 80% of the tax in this country.

>Costal elite (jew) detected

We're about to commence a trade war with China. Business has to be lucrative af.

>Costal elite (jew) detected
kys again , we are the people getting jewed

>tfw country has taxes lower than the new tax bill but we have no deficit

There's a fuck load of deductions. The effective tax rate for the highest bracket is about 20% IIRC

...

>wanting taxes

Great politics thread
If only there was a board dedicated to politics discussions.

even the effective us corporate tax rate is higher than most effective foreign rates

dude trickledown lol

Uh, sweaty...

Reminder that a big part of Keynes' ideas about the role of government spending in stimulating the economy is that you claw back any resulting deficit during the good times, so that the money you spend in the future will essentially have already been "bought". A tax-and-spend approach, if you like. Deficit spending over the entire cycle isn't Keynesian at all.

What does it even matter anymore? Treasury notes are still being bought up faster than we can issue them. The amount of wealth held by the US government alone is insane. We can continue borrowing at insanely low rates almost indefinitely.

RMB isn't allowed to float and can't be easily converted, the Euro fell off balance sheets when the EU authorities decided to bail-in using secured deposits, the Yen isn't at the table because the Japanese don't want to play the currency game, and all the other Anglo states' currencies have too low a market capitalization to act as a reserve currency.

>screw ordinary people

Only unproductive people get screwed under God Emperor Donald Trump

All of this is absolutely true which is why your politicians can afford to continue to be retarded
At some point however the wheels are going to fall off, and an actual sovereign debt crisis in the US will suck for everyone but especially you seppos.

Nobody pays that

Nah, we can pretty much continue to be retarded forever. We have food, we have fuel, we have resources, and we have a large labor pool. We're one of the least integrated economies in the world as a percentage of GDP and most of our 'international' trade is with other countries in North and Central America.

>more deficit spending
wat? is this true?
are republicans right wing socialists?

I CANT INTO ECONOMICS

Neoliberalism is over for at least a generation man. It and neoconservativism will be dusted off in the 2030s when the Neo-Ottoman Empire and Japan get uppity and the US decides to stop being insular again.

Wonder what Lenin would think of the modern left

>Destroying the environment for higher profit margins
>sanity

>Macron & Trudeau
What are their achievements?