HumanTon
1782
He hadn’t been paying his campaign staff for a while so yeah, no surprise.
I will miss Rick Perry, or at the very least his media agency.
Here is Proven Leadership from 2011.
If Michael Bay made campaign ads, they’d probably look a lot like that.
Thanks for the support Donald!
Some of the comments in that tweet.
One says need Donald because they are tired of uneducated men running the country.
Uneducated?
That’s a troll presidential candidate retweeting a troll who tricked him into RTing the British Leader of The Opposition being trolled by another troll for not knowing who Corybn is.
Twitter encapsulated in a link.
Timex
1787
Apparently trump just keeps retweeting pictures of people he doesn’t recognize.
Chris Moody
Jul 20
Chris Moody @moody
Mr. @realdonaldTrump, that is a photo of Jeffrey MacDonald, a convicted murderer. pic.twitter.com/vG9A57XtVL
JeffL
1788
However, he did rip into Trump into his bowing out speech. First time and probably last I give him a slight tip of the hat.
Daagar
1789
This made me literally laugh out loud. To keep from crying, because of how true it is. Especially a few days later after the whole headset kerfluffle. You’ve summed up everything.
Pyperkub
1790
In other news, 538 takes a look at Jeb’s tax plan:
He wants to cut the income tax rate and eliminate the estate tax and the alternative minimum tax — all policies that would benefit mostly the wealthiest Americans. At other times, he sounds like a populist, calling for the closing of loopholes that benefit corporations and hedge fund managers. And at others, he sounds like a policy wonk, arguing to shift tax policy in a way that encourages companies to build rather than borrow.
It is a proposal, in other words, that takes on all of Bush’s various opponents at once. In its broad themes, it is a response to Hillary Clinton’s claim in a speech in July that the “defining economic challenge of our time” is raising incomes for working Americans. Instead, Bush argues that the defining challenge is increasing overall economic growth
If I had a dollar for every politician who says that they will offset tax cuts by “closing loopholes”, I could probably pay off the national debt. It never happens without creating new loopholes.
ShivaX
1791
That’s what happens when you let the people you’re trying to close the loopholes on write the new rules - they just make new loopholes.
Desslock
1792
Loopholes are a feature, not a bug, when you have a system like ours that uses tax rates to promote socially desirable behavior. There’s always a way to technically comply with the goal in a manner that broadens its usage.
Of course a flat tax would solve that problem, but it’s politically impossible to sell, since politicians like using the tax code for social engineering and to reward supporters, and the concept has been poisoned through ignorance in US, despite success in Eastern Europe and elsewhere.
Jeb’s tax plan is certainly ambitious though, and has largely been received positively by economists: http://www.forbes.com/sites/peterjreilly/2015/09/13/jeb-bush-tax-plan-could-disrupt-real-estate-and-small-business/
Treating different types of income more consistently would certainly reduce one form of current loophole, on interest income: http://www.nationalreview.com/article/423823/bush-tax-plan-good-start
Alstein
1793
You could also use no deductions for anything and a progressive rate, but then you still get into problems of what is actually income.
If you combine that with a minimum guaranteed income, you get what I would find ideal.
Jeb’s plans , like most Republicans, looks like redistribution towards the wealthy. The plutocrat class loves that. I think the real conservatives are realizing they’ve been taken for a ride (just gotta convince the Trump supporters somehow that the supply-siders have somehow hijacked Reagan’s message for their own ends- and that True Reagan is to share the wealth somehow)
No, man, it’s easy, see, there’s one page of the tax code that’s just “Section XIIV: Loopholes”, that lists them all, and you just change that page. Then, everybody pays all their taxes.
Honestly, I’m surprised nobody has bothered to do it before. Probably just because they’re in the pocket of Big Welfare Queen.
Telefrog
1795
In Trump-related news, Arnold Schwarzenegger is the new Celebrity Apprentice host.
"After leaving the show to run for political office, Donald made it clear that he wanted ‘The Celebrity Apprentice’ to be able to continue to raise millions of dollars annually for worthy causes, and now NBC and I have found an amazing new leader to do just that,” said Burnett. “Gov. Schwarzenegger will use his vast and highly successful business, political and media experience to drive this hit franchise to new heights.”
I approve, but only if instead of “You’re Fired”, he just uses a broad an increasingly obscure array of action movie death quips.
“Remember how I promised to fire you last? I lied.”
“Remember when I said I’d fire you last? I lied.”
“Do you recall the time I mentioned you would be the last to be let go? I may have prevaricated.” Or something like that.
My hiking group can’t do its regular Tuesday night hike on Mt. McCoy because you could hit the Reagan Library (site of a republican presidential debate) with a shoulder mounted missile from the peak.
True story.
Pyperkub
1801
Yglesias checks in:
“Restoring the right to rise in America requires accelerating growth, and that can’t be done without a complete overhaul of the U.S. tax code.”
And yet, the tax program contains the following provisions:
A family with $500,000 in taxable wage income will get a larger tax cut than a family with $50,000 in taxable wage income. A family with $5 million will get an even bigger one.
Heirs to multimillion-dollar fortunes will receive a large tax cut.
A multinational company that shift profits to foreign subsidiaries will be able to permanently avoid paying taxes on those profits
A multination company that engaged in past profit shifting to defer paying corporate income tax will be rewarded for its bad behavior with a retroactive tax amnesty.
A person who owns so much stock that he has maxed out his existing tax-advantaged saving accounts will get a tax cut.
None of this is shocking stuff, of course. It’s widely held Republican doctrine that the executives and owners of large business enterprises and their heirs are overtaxed in the United States. But this simply underscores the fact that there is no distinctive “right to rise” policy agenda in the Jeb Bush playbook. Like Mitt Romney and like his brother, Jeb believes a big problem in the United States is that the take-home pay of the top 1 percent of the population is too low…
…Jeb Bush’s tax program is a big deal
The plan, as currently released, is not sufficiently detailed to permit credible independent scoring. But even four economists handpicked by Bush’s team to analyze it say that under standard methods it would reduce federal revenue by about $3.4 trillion over its first 10 years. That’s trillion with a T. Which is to say that if you had a stack of a billion dollars, you would need to add 3,399 more billion-dollar stacks to equal the cost of this program.
Over $300 billion a year to be closed with “loopholes”. And of course, the biggest tax cuts and amnesty programs are for the people/instruments making the most use of those loopholes currently.
