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global1

(26,090 posts) Sat Mar 29, 2025, 03:25 PM Mar 29

Would Trump Actually Give Tax Cuts For The Rich If.....

our economy would go into a recession?

Could he actually justify that?

4 replies

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Would Trump Actually Give Tax Cuts For The Rich If..... (Original Post) global1 Mar 29 OP

The tax cuts trump is pushing are merely extension of cuts that existed throughout Biden's term. Silent Type Mar 29 #1

The rich will get their tax cuts no matter how bad the economy. Irish_Dem Mar 29 #2

Tax cuts for the rich are always the oligarchic GOP's response to anything, so yeah. Beartracks Mar 29 #3

It's not tax cuts they want. It's the dismantling of regulations. haele Mar 29 #4

Silent Type

(8,935 posts)

1. The tax cuts trump is pushing are merely extension of cuts that existed throughout Biden's term.

Reply to global1 (Original post)

Sat Mar 29, 2025, 03:35 PM

Mar 29

If they were brand new or in addition to previous tax cuts, not sure Congress would be as receptive.

Irish_Dem

(67,813 posts)

2. The rich will get their tax cuts no matter how bad the economy.

Reply to global1 (Original post)

Sat Mar 29, 2025, 03:39 PM

Mar 29

They helped rig the election, they want their reward.

Beartracks

(13,850 posts)

3. Tax cuts for the rich are always the oligarchic GOP's response to anything, so yeah.

Reply to Irish_Dem (Reply #2)

Sat Mar 29, 2025, 03:46 PM

Mar 29

It's their hammer, and all problems look like nails to to Republicans.

Budget deficit? Tax cuts for the rich!
Budget surplus? Tax cuts for the rich!
Recession? Tax cuts for the rich!
Bull market? Tax cuts for the rich!

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haele

(14,111 posts)

4. It's not tax cuts they want. It's the dismantling of regulations.

Reply to global1 (Original post)

Sat Mar 29, 2025, 03:52 PM

Mar 29

Tax cuts are the shiney distraction for people who actually pay taxes.
The Rich generally don't pay taxes, they pay accountants about 2% of what they would have paid in taxes to make sure they don't pay anything but perhaps capital gains, VAT or sales tax no matter what.
Even if this country went to a VAT, they'll find a way not to pay.

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