Skip navigation

Daily Archives: November 11th, 2017


Apparently the Dupublican congressional leaders  had an epiphany The two leaders (?) are both now recanting the hype over the tax issue. They now recognize that their plan will not help the middle class (revelation?). The tax issue has been examined by many and yet these neer do wells kept insisting that this was good for us. Again I refer to pre WWII Germany, the Hitler regime, lie, lie,lie until people believe the lies. We all feel that the Government no matter who is President keeps many things from us. Yet we still elect and re-elect the same folks over and over, “therein lies the rub”! We have ignored their machinations for so long that they feel untouchable and we allowed it. Now we have a megalomaniacal Titular head of Government who cannot string 2  intelligible (informed or uninformed) words together without a writer. We have heard about tax reforms and tax cuts from both houses and  TOTUS for the better part of a year, now we see that the so called reforms and cuts do not and will not benefit the very people who elected them to office. An election based on the so far unfulfilled promises to get us a better deal. It is now clear as glass that these promises are impractical and unobtainable without hurting the working class of America financially and by extension the economy. The wake up alarm has been sounded and the administration is still trying to silence it with even more lies and deceit. How long will we stand for it? Article below tells more

McConnell Joins Ryan in Walking Back False Promise on Tax Bill

Steven T. Dennis

11/10/2017

 

(Bloomberg) — The top Republicans in the House and Senate have now walked back false promises about their tax bills’ impact on the middle class.
Senate Majority Leader Mitch McConnell acknowledged to The New York Times Friday he erred when he said in an MSNBC appearance last week that “nobody in the middle class is going to get a tax increase.”
Now the Kentucky Republican says every income group would see a tax cut — on average.
“You can’t guarantee that absolutely no one sees a tax increase,” he told the newspaper.
McConnell joins House Speaker Paul Ryan of Wisconsin in walking back their statements on taxes. Ryan had said in a radio interview Wednesday, “So actually, even though there’s a lot of false information out there, everybody gets a tax cut.”
That statement was false, as there are millions of people who would face higher tax bills from the loss of deductions like the one for state and local taxes, which is rolled back in the House bill and eliminated entirely in the Senate bill.
A day later, Ryan’s language changed.
“At every income level, there is a tax cut for the average family,” Ryan said in a statement Thursday, citing a study by the Joint Committee on Taxation.
AshLee Strong, a Ryan spokeswoman, told The Washington Post that he misspoke.
(Updates with quote from Donald Trump in ninth paragraph.)
To contact the reporter on this story: Jason Kotuku’s in Singapore at jkoutsoukis2@bloomberg.net.
To contact the editors responsible for this story: Rosalind Mathieson at rmathieson3@bloomberg.net, Daniel Ten Kate at dtenkate@bloomberg.net.
©2017 Bloomberg L.P.

Please Donate

%d bloggers like this: