Republican reforms caused the Great Recession under Bush.
.@BowlesSimpson: "This country critically needs tax reform to improve economic growth. But higher levels of debt will crowd out productive investment, slow wage growth and ultimately undo any gains from reform."http://wapo.st/2AknO9E?tid=ss_tw&utm_term=.3b48ca8dbb77 …
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This Bill doesn’t take more than a high school level of understanding of economics to know why it’s a disaster. Why are Republicans pushing for it now and not working to build a better Bill. Why does it have to be right now? That’s the question we should be asking.
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Before Dems Take back the House in 2018 and they loose their chance to pay back their donors for 8 years of donations.
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I’ve also run the numbers as 2 working professionals: we pay MORE in federal taxes due to the SALT loss & likely lose property value. This
#taxscam really hammers those of us working hard in a typically Republican voting cohort. This is conservative, it’s just bad policy.Thanks. Twitter will use this to make your timeline better. UndoUndo
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So you’re saying this bill isn’t a good idea
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Yep. And those CEOs who have been asked about whether or not they will invest those tax savings in their businesses mostly say they won't. They will pass them onto their investors or keep them.
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The GOP will steal from Social Security and Medicare to "cut" the deficit. In the end it will be a theft from these funds to give to the largest corporations and wealthiest.
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Fortunately, they're tripling taxes on the next leaders in STEM with the
#gradstudenttax... that'll keep the deficit down :/ - 1 more reply
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