Tax Cuts for Billionaires Is Top Priority

Friday, January 17, 2025

Scott Bessent outlined his plan to enrich the rich and screw the poor during his confirmation hearing before the Senate Banking ... When asked about whether he would renew Trump's tax breaks for billionaires and corporations, he called them the most important economic issue today.

Posted by Nixon at 10:31 PM | 20 COMMENTS | permalink

Bernie Sanders: You don't think we should change the federal minimum wage of $7.25 an hour? Trump Treasury Secretary Nominee Scott Bessent: No

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-- MeidasTouch (@meidastouch.com) January 16, 2025 at 1:54 PM

Comments

Day care costs? Nope

Health care costs? Nope

Grocery prices? Nope

Housing costs? Nope

Anyone that voted for felon47 thinking he was going to address those issues...your dummy sign is on crooked.

#1 | Posted by Nixon at 2025-01-17 09:00 AM

These Clowns are still pretending that Tinkle Down economics ever actually worked, which even it's most famous proponents admitted that it never did years ago.

But of course their low info Base will believe anything they say.

#2 | Posted by Corky at 2025-01-17 10:26 AM

Tax Cuts for Billionaires is Top Priority

Always has been. Anyone who thought otherwise is willfully ignorant.

#3 | Posted by qcp at 2025-01-17 10:51 AM

"Watch Your Wallets!"

www.youtube.com

1 min 44 secs

#4 | Posted by Corky at 2025-01-17 11:23 AM

Funny how we must be wealthy, though middle class, as those cuts lowered us from the 24% tax bracket to the 22% bracket. Of course there are many dems here who claim they did not benefit. so I imagine that most of those have such slow income that they do not pay federal income taxes, sot of course they did not benefit from them.

Do hope that the cuts are renewed as preferential keeping more of our incomes rather than the govt taking it, an as usual/in so many cases, wasting it

#5 | Posted by MSgt at 2025-01-17 05:55 PM

BREAKING: MSNBC Suddenly Terrified of Oligarchy! 16K views 10 hours ago

Ed Schultz exposes what happened during Bernies presidential announcement near 8:40.

The Chris Matthews montage around 14:00 is enraging.

The MSM are squarely in the oligarchy tool chest, just like their entire guest rotation.

#6 | Posted by redlightrobot at 2025-01-18 12:01 AM

Tax Cuts for Billionaires Is ONLY Priority

#7 | Posted by ClownShack at 2025-01-18 12:03 AM

Don't forget, Trump made out like a bandit when he bankrupted those casinos, and I am sure he has a plan to loot the treasury, sell of the national forests, invade some poor little nation to distract folks, and then walk away leaving a battered bankrupt nation and a lot of us at the bottom of the pyramid shattered.

#8 | Posted by Hughmass at 2025-01-18 07:21 AM

Now that the billionaires will be able to afford hamburger, I am sure that they will allow some to trickle down to MAGA, who will have to compete with dogs to lick it off the floor.

#9 | Posted by Zed at 2025-01-18 08:26 AM

I fully support.

#10 | Posted by fresno500 at 2025-01-18 09:05 AM

- 24% tax bracket to the 22% bracket.

Yeah. that's almost as good as the 0 to 8 percent effective rate your Oligarch Masters pay.

#11 | Posted by Corky at 2025-01-18 09:23 AM

Biden Warns of "Oligarchy" in America as Billionaires Flock to Trump Inauguration: A Closer Look 1,099,451 views 1 day ago

Bernie's montage says it all.

Joe Biden to rich donors: "Nothing would fundamentally change" if he's elected Published June 19, 2019 5:00PM (EDT)

Former Vice President Joe Biden assured rich donors at a ritzy New York fundraiser that "nothing would fundamentally change" if he is elected.

Biden told donors at an event at the Carlyle Hotel in Manhattan on Tuesday evening that he would not "demonize" the rich and promised that "no one's standard of living will change, nothing would fundamentally change," Bloomberg News reported.

#12 | Posted by redlightrobot at 2025-01-18 12:57 PM

This will be the 6th time the GOP has done this since Reagan and the birth of
Trickle Down Economics...

Anyone else feel that piss trickling down on them yet. Because that is the only thing to trickle down on the Middle Class
from the wealthy...

And when will the stupid arsed redneck whites of this country learn? NEVER!!

How dumb is this country again?!
Fricking Retarded!!!

#13 | Posted by earthmuse at 2025-01-18 11:05 PM

Why is no one addressing the fact that low-income earners pay virtually nothing when compared to their peers in European countries?

#14 | Posted by madbomber at 2025-01-19 05:19 AM

Why is no one addressing the fact that low-income earners pay virtually nothing when compared to their peers in European countries?

Posted by madbomber at 2025-01-19 05:19 AM | Reply

Maybe because in European countries it seems to me that the lower income earners pay more in income taxes than they do here in America because they know that they are taken care of during their time of need. Compared to here in the states. It seems to me that lower income earners here in America have to foot the bill for more things than they do in Europe so they need more money to do so. I don't know just spot balling it.

#15 | Posted by LauraMohr at 2025-01-19 05:42 AM

#15

You're not wrong, but try selling increased taxes on lower and middle-class income earners in the U.S. Even if it comes with expanded benefits. It's likely that some of the strongest opposition would come from progressives.

#16 | Posted by madbomber at 2025-01-19 01:47 PM

My Norwegian counterparts like their system, or at least seem to prefer it over the US system. And they're not stupid. They're all senior military officers.

#17 | Posted by madbomber at 2025-01-19 01:50 PM

"Do hope that the cuts are renewed as preferential keeping more of our incomes rather than the govt taking it, an as usual/in so many cases, wasting it"

Yeah! on things like Medicaid for poor children. Food assistance for low income families. OMG! Has America alwaya been so full of such nasty, selfish people? I think I know the answer to that but I had hoped we were improving. Obviously not!

#18 | Posted by danni at 2025-01-20 08:42 AM

-Has America alwaya been so full of such nasty, selfish people?

How much more do you want to pay in taxes?

#19 | Posted by eberly at 2025-01-20 09:18 AM

There can't be Oligarch tax cuts unless there are cuts to SS and Medicare... so the working poor to middle class will suffer so the very rich can take more vacations and own more junk.

#20 | Posted by Corky at 2025-01-20 09:47 AM

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