Safer for whom? Originally Posted by Yssup Riderdominion and soros.

Let them keep setting the precedent that this sort of behavior is acceptable. When they fuck up 2022 and 2024, they'll get absolutely steamrolled and we'll undo all their shit with the same disregard that they did to us. Originally Posted by GastonGlockReplace ''us'' as Democrats, and change the years to 2018 and 2020, and your narrative works. You sort of forgot how Trump, and Congressional Republicans during Obama's terms, pulled the same power grab moves. Trump's tax cut got zero Democrats.. Remember? How about Merrick Garland blocked for SC consideration?
Yesterday Biden walked back his promise to Progressives that their "wish list" reconciliation bill had to pass or he'd veto the infrastructure bill. However, Pelosi hasn't changed her position. She's insisting that the Senate pass both the infrastructure and reconciliation bills before the House will take up either. So nothing has really changed. Elizabeth Warren, a bellwether for progressives, is saying she won't vote for an infrastructure bill unless it's assured there will be substantial expenditures for child care, green energy, etc., and higher taxes on people who make a lot of money.Just remember as long as none of the Republicans sign on to that atrocity of a bill, Manchin can be a "minority of ONE" and still stop the bill. 49-51 is still a LOSS for tax and spend Dims.
Manchin was on This Week on ABC this morning. Bernie Sanders, who chairs the Senate Budget Committee, wants a 6 trillion reconciliation bill. Manchin said we could only afford 1 or 1.5 trillion. Hopefully he'll get his way. But he's part of a minority among the 50 Democratic Senators and Kamala Harris, who will be making that decision.
Manchin also said he "only" wants to raise the federal corporate tax rate to 25% and long term capital gains rate to 28%. This is good in that Biden's higher preferred rates would make the headline rates, including state income tax, on corporate taxes and on capital gains + dividends the highest in the developed world. But if we go to where Manchin says he wants ago we'd still have higher maximum rates than the majority of other countries. Originally Posted by Tiny
Just remember as long as none of the Republicans sign on to that atrocity of a bill, Manchin can be a "minority of ONE" and still stop the bill. 49-51 is still a LOSS for tax and spend Dims.I agree with that. Under the Gambler plan, as an owner of a C corporation you’d be paying a tax of 28% on income that stays in the business, and another 20% on anything you pull out in dividends or on the capital gain if you sell out. That’s more than enough.
Personally I could live with a Corporate tax of 25%, but NOT a Cap Gains tax of 28%, We need to roll back the Obama Care tax and get Cap Gains back DOWN to 20% not increase it to 28% Originally Posted by GaGambler
Yesterday Biden walked back his promise to Progressives that their "wish list" reconciliation bill had to pass or he'd veto the infrastructure bill. However, Pelosi hasn't changed her position. She's insisting that the Senate pass both the infrastructure and reconciliation bills before the House will take up either. So nothing has really changed. Elizabeth Warren, a bellwether for progressives, is saying she won't vote for an infrastructure bill unless it's assured there will be substantial expenditures for child care, green energy, etc., and higher taxes on people who make a lot of money.
Originally Posted by Tiny