Democrats’ plan to tax the rich and corporations begins to take shape: Trump’s 2017 tax cuts expire next year, opening a window for Democrats to rewrite the tax code if they win control of Washington.

silence7@slrpnk.net to politics @lemmy.world – 342 points –
Democrats’ plan to tax the rich and corporations begins to take shape
washingtonpost.com
18

So vote

You can do more than that:

  • Check your registration. Do it now. Do it few more times between now and November.
  • Volunteer. There is nothing quite like talking to people.
  • Donate. Campaigns run on money, and Trump has been raising more than Biden.

It's also worth paying attention to races further down the ballot; There are lists of close house and close senate races as well as a ton of competitive seats in state legislatures.

I realize I'm immature but I can't help but laugh at the table heading of 'Solid D'.

Looking at the house races is kinda crazy, I didn't realize things were going to be so close there this election.

I don't know about the first link, but from headlines you are talking about adelson, federalist society, koch and uline... You're representing as "they've already started" but along with the mercers, these are the oligarchs that have been finding trump's entire political career and a long history of bullshit prior to him as well.

There is no "started" here. Same cabal working to dismantle democracy for decades.

while it should have been a walk in the park, that "if" is starting to seem extremely tenuous at the moment

Vote vote vote!

well, that would be illegal, but i will vote once on every open issue and every candidate put before me, as I always do

I'll eat my shoe if they do anything of real note

it'll be better than not doing anything but not much

I'll believe it after it's happened and has overcome the Supreme Court when the inevitable lawsuits sweep in.

Excellent! I like this idea so much. To show my support I will not vote! (/s)

They won't do shit. Fuck the democrats.

But I'll vote for them over the literal fascists (Trump). Watch your fucking back in 2028, though.

You can't say it with all that umpfh if you're actually paying attention. It's more accurately, "they'll do more than I expected, but they won't do enough, even with the clear mandate to do so".

You're either not paying attention or taking a lot of progress for granted when making the initial statement.

You're second half of the statement is correct though, we vote as adults to hopefully salvage democracy enough to be able to retain the use of it to challenge and push a functioning, rational person to actual progressive outcomes. Biden administration in a second term, with no professional work (or likely that much life) ahead of him, has the potential (talking potential) to do some amazing, "fuck it" things in pure pursuit of a lasting legacy with generations to come - Expanding the Supreme Court, Actual debt reform, Medicare for all, full legalization, "ma bell" style monopoly breakup of a giant tech conglomerate or several. Who knows where he could be encouraged to go with a nothing left to lose term and a strong vocal, public in the streets pushing him with protest and threatening his last chance to seal his legacy as a "president on money" sort of POTUS. Coin flip on if any actually meaningful change, but the great news is that if the coin lands on tails, we're not living the Handmaid's Tale first hand.

This is the best summary I could come up with:


Senate Finance Committee Democrats met Thursday to discuss President Donald Trump’s 2017 Tax Cuts and Jobs Act, portions of which expire in 2025.

Pressure is already mounting from the party’s left flank to insist on sharp increases in the corporate tax rate and on the highest individual earners — and not to agree to any compromise with Republicans otherwise.

In the House, some top lawmakers are reevaluating past tax-and-spending bills that prioritized broad short-term investments that have since expired, demanding instead that Democrats focus on bringing in more revenue from major corporations and the rich that can permanently fund a limited number of high-impact social programs.

Trump, meanwhile, told business leaders this month that he hopes to cut corporate taxes to 20 percent, according to two people familiar with his remarks who spoke on the condition of anonymity to discuss a private meeting.

In the Senate, their odds are worse, but recent polls show vulnerable Democratic incumbents in Ohio, Montana, Pennsylvania, Nevada and a challenger in Arizona outperforming expectations.

“There simply is no reason we can look at our economy right now and justify tax cuts for millionaires,” Daniel Hornung, deputy director of the White House National Economic Council, said Monday at the left-leaning Washington Center for Equitable Growth.


The original article contains 1,227 words, the summary contains 209 words. Saved 83%. I'm a bot and I'm open source!

It's very unlikely they'll control the Senate. I don't even think they'll control the presidency.

I mean, they also could have done that this year, or 3 years ago, if they'd had control of Washington. You can actually change any laws you want when you control the lawmaking bodies.

Ah, the old 'carrot on a stick' method. That'll win voters for sure!