Steve Bannon Goes Rogue On Tax Cuts, Nobody Cares.

THIS IS A STORY ABOUT REPUBLICAN
TAX HIKES, IT HAS A SIGNIFICANT TWIST.
FIRST LET'S SHARE THE
STANDARD STUFF.
LATELY THE TRUMP CABINET OTHERWISE KNOWN AS THE
SWAMP HAS SAID THEY WOULD REDUCE TAXES MASSIVELY FOR THE RICHEST,
AND FOR CORPORATIONS.
THAT IS NOT SURPRISING, BUT I WILL GIVE
YOU THE DEPTHS.
GARY COHN WHO IS A TOP ECONOMIC ADVISOR FOR
DONALD TRUMP AND STEVE MNUCHIN WHO IS HIS TREASURY SECRETARY
ARE NOT LYING, AXIOS EXPLAINS.
I SUSPECT THAT WOULD
BE TRUE OF SOME BUT NOT ALL.
A 20 POINT DROP WHICH IS TAKING
AWAY MORE THAN 50% OF THE TAXES THAT COME FROM CORPORATIONS.
OF
COURSE CORPORATIONS WILL SIGN ON TO THAT.
GIVE EVERYTHING TO THE
POWERFUL WHO ARE YOUR DONORS.
I LOVE THAT, I HAVE TOLD YOU THIS
1000 TIMES.
THE REASON I KNOW IS FROM A MEMO UNCOVERED FROM THE
NIXON ERA.
ROOM REPUBLICANS ARE IN OFFICE THEY SAY DEFICITS
DON'T MATTER.
REMEMBER DICK CHENEY SAID THAT.
THEY RUN UP
DEFICITS LIKE CRAZY.
AS SOON AS THEY ARE OUT OF OFFICE THEY SAY
OH MY GOD, THE DEFICITS WHAT IF YOU DONE.
UNDER REPUBLICANS YOU
SPEND MORE AND CUT TAXES, THAT GIVES EVERYTHING THEY WANT TO
THEIR DONORS PLUS A COULD IMPROVE THE ECONOMY, THEN YOU
MAKE THE DEMOCRATS SPEND LESS AND THE ECONOMY DOES WORSE.
THAT
DOESN'T TURN OUT TO BE TRUE ANYWAY BECAUSE THEIR TAX CUTS
HURT THE ECONOMY.
HERE THEY ARE, AND IMMEDIATELY THEY ARE LIKE
DEFICITS?
WHO CARES.
GOLDMAN SACHS NEEDS TO MAKE SOME MONEY,
SON.
COHN WHO WAS THE PRESIDENT OF GOLDMAN SACHS BEFORE HE TOOK
THE JOB AS TOP ECONOMIC ADVISOR TO TRUMP –
SO THEY ARE IN A
PANIC.
THERE IS A TWIST COMING, HOLD FOR IT.
THAT IS AMAZING,
HERE IS A FORMER PRESIDENT OF GOLDMAN SACHS – HIS ONLY GOAL IS
TO CUT CORPORATE TAXES WHICH WOULD APPLY TO GOLDMAN SACHS.
HE
IS SO BRAZEN ABOUT IT.
IF THAT DOESN'T HAPPEN I LEAVE
INSTANTLY.
AMAZING.
EVEN MORE AMAZING IS THE TWISTED.
GET A
LOAD OF THIS.
WHAT?
STEVE BANNON WANTS TO RAISE TAXES ON THE
RICH.
FASCINATING.
UNDERSTAND IT IS A BIT OF A TRICK.
THEY WON'T
DO IT BECAUSE THAT IS NOT HOW REPUBLICANS WORK.
IT IS A SMART
MOVE BY BANNON.
IT ACTUALLY WON'T AFFECT THAT MANY PEOPLE.
WHEN THEY LOWER TAXES ON CORPORATIONS, THAT
IS THE
BIGGEST THING THEY WANT.
FOR EXAMPLE DONALD TRUMP DOESN'T PAY
ANY REGULAR INCOME TAXES, HE ONLY DOES THE PAST DUE STUFF.
SO
IT HAS GREAT OPTICS.
THAT WOULD BE AMAZING OPTICS FOR THE
REPUBLICAN PARTY.
AT THE SAME TIME IT ACTUALLY DOES NOT HIT
YOUR DONORS THAT MUCH.
THAT IS WELL PLAYED, BUT LUCKILY
REPUBLICANS ARE COMING IN SAYING-.
>> IT IS NOT GOING ANYWHERE, IT'S A DISTRACTION AND IT
IS UNFORTUNATE BECAUSE IT IS A CRUEL JOKE ON MIDDLE INCOME
PEOPLE TO THINK THAT KILLING THEIR JOBS HELPS THEM.
>> WE GIVE ALL THE MONEY TO THE RICH – AND THEN AFTERWARDS IT
MIGHT TRICKLE DOWN ON YOU.
ACTUALLY IT TURNS OUT IT DOESN'T
FOR EXAMPLE GEORGE BUSH DID $2.1 TRILLION IN TAX CUTS UNDER
GEORGE W. BUSH.
HOW DID THAT WORK OUT?
IN EIGHT YEARS HE ONLY
CREATED A LITTLE BIT OVER 1 MILLION JOBS WHEREAS BARACK
OBAMA WHO RAISED TAXES CREATED 15 MILLION JOBS.
THAT MISS ABOUT
GIVE EVERYTHING TO THE RICH AND GIVE THEM TAX CUTS, AND AT THE
END IT WILL CREATE JOBS, IT'S JUST NOT TRUE.
IT IS NOT BACKED
UP BY ANY OF THE FACTS.
DOES IT MATTER, THE REST OF THE SWAMP
ARE TELLING BANNON DON'T YOU DARE.
SO BANNON WILL LIKELY LOSE
THIS FIGHT ALTHOUGH IT IS A CRAFTY MOVE ON HIS PART.

Steve Bannon Goes Rogue On Tax Cuts, Nobody Cares.

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