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‘An utter disgrace’: GOP stimulus plan would cut taxes for corporations while denying benefits to poorest

 
Anonymous Coward
User ID: 78491784
United States
03/20/2020 01:23 PM
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‘An utter disgrace’: GOP stimulus plan would cut taxes for corporations while denying benefits to poorest
“Heartless,” “cruel,” and “appalling” were just some of the adjectives progressive critics and analysts used late Thursday to describe the Senate GOP’s newly unveiled trillion-dollar economic stimulus package which—by design—would completely deny direct cash payments to the poorest Americans while cutting taxes for corporations, dishing out tens of billions in bailout funds to major industries, and restricting paid leave benefits that were just signed into law this week.

“The Senate GOP package is an utter disgrace,” tweeted Richard Trumka, president of the AFL-CIO. “It gives free money to corporations, ignores the health crisis, and does nothing to keep people working or help the unemployed. The labor movement will oppose this Main St. bailout of Wall St. with everything we have.

“I don’t know how else to describe this but wantonly wicked. The poorest get zero; low-income households get half of what middle-income households get; and a kid counts for 40% of an adult.”
—Daniel Hemel, University of Chicago Law School

The Republican plan, released as the economic fallout from the coronavirus outbreak continues to worsen, would provide means-tested cash payments of up to $1,200 per adult and $500 per child, with the precise amount dependent upon 2018 tax filings.

“Taxpayers with little or no income tax liability, but at least $2,500 of qualifying income, would be eligible for a minimum rebate check of $600 ($1,200 married),” the Republican proposal states. “Qualifying income includes earned income, as well as Social Security retirement benefits and certain compensation and pension benefits paid to veterans.”

Observers were quick to point out a gaping hole in the Republican plan: Adults with no qualifying income would get nothing.

While skimping on aid low-income Americans, the Republican proposal—formally known as the Coronavirus Aid, Relief, and Economic Security (CARES) Act—contains generous gifts for big corporations and billions in relief for industries hit hard by the coronavirus crisis, including $50 billion for airlines.

The 247-page Republican legislation, Iincludes a raft of temporary changes to the tax code that would reduce the tax liability of large corporations, many of them overriding provisions in the 2017 tax overhaul that were meant to raise revenue to offset corporate rate cuts.”

[link to www.rawstory.com (secure)]
Jake

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03/20/2020 01:23 PM
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Re: ‘An utter disgrace’: GOP stimulus plan would cut taxes for corporations while denying benefits to poorest
fake news
Revelation 18:23
For they were great men of the earth, by their Pharmaceuticals were all nations deceived!
Anonymous Coward
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03/20/2020 01:24 PM
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Re: ‘An utter disgrace’: GOP stimulus plan would cut taxes for corporations while denying benefits to poorest
get a job loser
Anonymous Coward
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03/20/2020 01:25 PM
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Re: ‘An utter disgrace’: GOP stimulus plan would cut taxes for corporations while denying benefits to poorest
get a job loser
 Quoting: Anonymous Coward 39516942


Just got laid off from my job because of this, asshole.
Anonymous Coward (OP)
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03/20/2020 01:26 PM
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Re: ‘An utter disgrace’: GOP stimulus plan would cut taxes for corporations while denying benefits to poorest
fake news
 Quoting: Jake


Exactly which part do you claim is "fake news"?

The GOP plan is accurately quoted.
Anonymous Coward
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United States
03/20/2020 01:33 PM
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Re: ‘An utter disgrace’: GOP stimulus plan would cut taxes for corporations while denying benefits to poorest
The article is correct in describing the checks.

Also, you receive the full benefit of $1200 (filing single) or $2400 (filing jointly) if you had income of $75,000 (filing single) or $150,000 (filing jointly).

That means a guy filing jointly making $150,000 would get the full $2400, while a single minimum wage guy gets $600.

How could anyone think that's fair?
Anonymous Coward
User ID: 39516942
United States
03/20/2020 01:34 PM
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Re: ‘An utter disgrace’: GOP stimulus plan would cut taxes for corporations while denying benefits to poorest
get a job loser
 Quoting: Anonymous Coward 39516942


Just got laid off from my job because of this, asshole.
 Quoting: Anonymous Coward 78657458


sure you did
FeedYourHead

User ID: 77416429
United States
03/20/2020 01:35 PM

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Re: ‘An utter disgrace’: GOP stimulus plan would cut taxes for corporations while denying benefits to poorest
fake news
 Quoting: Jake


Exactly which part do you claim is "fake news"?

The GOP plan is accurately quoted.
 Quoting: Anonymous Coward 78491784


Thats just the problem....as always, it's not

Last Edited by FeedYourHead on 03/20/2020 01:36 PM
Ask Alice when she's 10ft tall
Anonymous Coward
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03/20/2020 01:39 PM
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Re: ‘An utter disgrace’: GOP stimulus plan would cut taxes for corporations while denying benefits to poorest
The poor contribute dick to the economy, good for Trump.
Anonymous Coward
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United States
03/20/2020 01:51 PM
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Re: ‘An utter disgrace’: GOP stimulus plan would cut taxes for corporations while denying benefits to poorest
The poor contribute dick to the economy, good for Trump.
 Quoting: Anonymous Coward 78657412


You mean the people earning minimum wage who work hard and serve you at restaurants, clean your hotel rooms, stock the toilet paper at Walmart, pick your vegetables, do laundry at hospitals AND pay taxes?

Those people?

Sorry, GOP Senators decided they don't need a check.
Anonymous Coward
User ID: 78657412
United States
03/20/2020 02:01 PM
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Re: ‘An utter disgrace’: GOP stimulus plan would cut taxes for corporations while denying benefits to poorest
The poor contribute dick to the economy, good for Trump.
 Quoting: Anonymous Coward 78657412


You mean the people earning minimum wage who work hard and serve you at restaurants, clean your hotel rooms, stock the toilet paper at Walmart, pick your vegetables, do laundry at hospitals AND pay taxes?

Those people?

Sorry, GOP Senators decided they don't need a check.
 Quoting: Anonymous Coward 78432205


bsflag
Anonymous Coward
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United States
03/20/2020 02:15 PM
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Re: ‘An utter disgrace’: GOP stimulus plan would cut taxes for corporations while denying benefits to poorest
The poor contribute dick to the economy, good for Trump.
 Quoting: Anonymous Coward 78657412


You mean the people earning minimum wage who work hard and serve you at restaurants, clean your hotel rooms, stock the toilet paper at Walmart, pick your vegetables, do laundry at hospitals AND pay taxes?

Those people?

Sorry, GOP Senators decided they don't need a check.
 Quoting: Anonymous Coward 78432205


bsflag
 Quoting: Anonymous Coward 78657412




Exactly which part of that do you believe is BS?

You made the statement that "the poor contribute dick to the economy."
Anonymous Coward
User ID: 74575913
United States
03/20/2020 02:21 PM
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Re: ‘An utter disgrace’: GOP stimulus plan would cut taxes for corporations while denying benefits to poorest
The poor contribute dick to the economy, good for Trump.
 Quoting: Anonymous Coward 78657412


You mean the people earning minimum wage who work hard and serve you at restaurants, clean your hotel rooms, stock the toilet paper at Walmart, pick your vegetables, do laundry at hospitals AND pay taxes?

Those people?

Sorry, GOP Senators decided they don't need a check.
 Quoting: Anonymous Coward 78432205


bsflag
 Quoting: Anonymous Coward 78657412




Exactly which part of that do you believe is BS?

You made the statement that "the poor contribute dick to the economy."
 Quoting: Anonymous Coward 78432205


Don't expect any legitimate response. They will just call you a libtard or something or , like you've observed ,just post a gif
Anonymous Coward
User ID: 78657412
United States
03/20/2020 02:22 PM
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Re: ‘An utter disgrace’: GOP stimulus plan would cut taxes for corporations while denying benefits to poorest
The poor contribute dick to the economy, good for Trump.
 Quoting: Anonymous Coward 78657412


You mean the people earning minimum wage who work hard and serve you at restaurants, clean your hotel rooms, stock the toilet paper at Walmart, pick your vegetables, do laundry at hospitals AND pay taxes?

Those people?

Sorry, GOP Senators decided they don't need a check.
 Quoting: Anonymous Coward 78432205


bsflag
 Quoting: Anonymous Coward 78657412




Exactly which part of that do you believe is BS?

You made the statement that "the poor contribute dick to the economy."
 Quoting: Anonymous Coward 78432205

tard
Anonymous Coward
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United States
03/20/2020 02:22 PM
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Re: ‘An utter disgrace’: GOP stimulus plan would cut taxes for corporations while denying benefits to poorest
...


You mean the people earning minimum wage who work hard and serve you at restaurants, clean your hotel rooms, stock the toilet paper at Walmart, pick your vegetables, do laundry at hospitals AND pay taxes?

Those people?

Sorry, GOP Senators decided they don't need a check.
 Quoting: Anonymous Coward 78432205


bsflag
 Quoting: Anonymous Coward 78657412




Exactly which part of that do you believe is BS?

You made the statement that "the poor contribute dick to the economy."
 Quoting: Anonymous Coward 78432205


Don't expect any legitimate response. They will just call you a libtard or something or , like you've observed ,just post a gif
 Quoting: Anonymous Coward 74575913


sherlock
Anonymous Coward
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03/20/2020 03:03 PM
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Re: ‘An utter disgrace’: GOP stimulus plan would cut taxes for corporations while denying benefits to poorest
fake news
 Quoting: Jake


That's quite the statement in response to OP'S factual quote, coming from a guy who routinely posts false information and has earned the moniker "jake news".
Anonymous Coward
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United States
03/20/2020 03:04 PM
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Re: ‘An utter disgrace’: GOP stimulus plan would cut taxes for corporations while denying benefits to poorest
...


You mean the people earning minimum wage who work hard and serve you at restaurants, clean your hotel rooms, stock the toilet paper at Walmart, pick your vegetables, do laundry at hospitals AND pay taxes?

Those people?

Sorry, GOP Senators decided they don't need a check.
 Quoting: Anonymous Coward 78432205


bsflag
 Quoting: Anonymous Coward 78657412




Exactly which part of that do you believe is BS?

You made the statement that "the poor contribute dick to the economy."
 Quoting: Anonymous Coward 78432205

tard
 Quoting: Anonymous Coward 78657412


So that's your reply?

Very convincing.
Anonymous Coward
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United States
03/20/2020 03:26 PM
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Re: ‘An utter disgrace’: GOP stimulus plan would cut taxes for corporations while denying benefits to poorest
startrk-bs
Anonymous Coward
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03/20/2020 03:34 PM
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Re: ‘An utter disgrace’: GOP stimulus plan would cut taxes for corporations while denying benefits to poorest
The poor contribute dick to the economy, good for Trump.
 Quoting: Anonymous Coward 78657412


Spoken like Jesus Christ himself!
TGus

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03/20/2020 03:34 PM
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Re: ‘An utter disgrace’: GOP stimulus plan would cut taxes for corporations while denying benefits to poorest
Corporations are the life-blood of America. Anyone who says otherwise is a Communist.
Anonymous Coward
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03/20/2020 03:35 PM
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Re: ‘An utter disgrace’: GOP stimulus plan would cut taxes for corporations while denying benefits to poorest
startrk-bs
 Quoting: Anonymous Coward 75643965


Exactly which part of OP's post is bullshit?
Anonymous Coward
User ID: 78096437
Canada
03/20/2020 03:37 PM
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Re: ‘An utter disgrace’: GOP stimulus plan would cut taxes for corporations while denying benefits to poorest
Corporations are the life-blood of America. Anyone who says otherwise is a Communist.
 Quoting: TGus


and most of you think the NWO is yet to happen. The world has been under a corporate one world government for a few decades now. that's what globalization is.
Anonymous Coward
User ID: 58281306
United Kingdom
03/20/2020 03:38 PM
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Re: ‘An utter disgrace’: GOP stimulus plan would cut taxes for corporations while denying benefits to poorest
The poor contribute dick to the economy, good for Trump.
 Quoting: Anonymous Coward 78657412


Spoken like Jesus Christ himself!
 Quoting: Anonymous Coward 78096437


And I suppose that Jesus would side with the ingrates who complain that someone else got more free shit than they did.
norespect
Seeker 2

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03/20/2020 03:39 PM
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Re: ‘An utter disgrace’: GOP stimulus plan would cut taxes for corporations while denying benefits to poorest
“Heartless,” “cruel,” and “appalling” were just some of the adjectives progressive critics and analysts used late Thursday to describe the Senate GOP’s newly unveiled trillion-dollar economic stimulus package which—by design—would completely deny direct cash payments to the poorest Americans while cutting taxes for corporations, dishing out tens of billions in bailout funds to major industries, and restricting paid leave benefits that were just signed into law this week.

“The Senate GOP package is an utter disgrace,” tweeted Richard Trumka, president of the AFL-CIO. “It gives free money to corporations, ignores the health crisis, and does nothing to keep people working or help the unemployed. The labor movement will oppose this Main St. bailout of Wall St. with everything we have.

“I don’t know how else to describe this but wantonly wicked. The poorest get zero; low-income households get half of what middle-income households get; and a kid counts for 40% of an adult.”
—Daniel Hemel, University of Chicago Law School

The Republican plan, released as the economic fallout from the coronavirus outbreak continues to worsen, would provide means-tested cash payments of up to $1,200 per adult and $500 per child, with the precise amount dependent upon 2018 tax filings.

“Taxpayers with little or no income tax liability, but at least $2,500 of qualifying income, would be eligible for a minimum rebate check of $600 ($1,200 married),” the Republican proposal states. “Qualifying income includes earned income, as well as Social Security retirement benefits and certain compensation and pension benefits paid to veterans.”

Observers were quick to point out a gaping hole in the Republican plan: Adults with no qualifying income would get nothing.

While skimping on aid low-income Americans, the Republican proposal—formally known as the Coronavirus Aid, Relief, and Economic Security (CARES) Act—contains generous gifts for big corporations and billions in relief for industries hit hard by the coronavirus crisis, including $50 billion for airlines.

The 247-page Republican legislation, Iincludes a raft of temporary changes to the tax code that would reduce the tax liability of large corporations, many of them overriding provisions in the 2017 tax overhaul that were meant to raise revenue to offset corporate rate cuts.”

[link to www.rawstory.com (secure)]
 Quoting: Anonymous Coward 78491784


They get nothing because they are not working thus not affected by a labor shortage. Plus I think we should lessen their benefits until the producers (contributors) are back in full swing.
Seeker 2
Seeker 2

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03/20/2020 03:43 PM
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Re: ‘An utter disgrace’: GOP stimulus plan would cut taxes for corporations while denying benefits to poorest
The article is correct in describing the checks.

Also, you receive the full benefit of $1200 (filing single) or $2400 (filing jointly) if you had income of $75,000 (filing single) or $150,000 (filing jointly).

That means a guy filing jointly making $150,000 would get the full $2400, while a single minimum wage guy gets $600.

How could anyone think that's fair?
 Quoting: Anonymous Coward 78432205


The article is correct in describing the checks.

Also, you receive the full benefit of $1200 (filing single) or $2400 (filing jointly) if you had income of $75,000 (filing single) or $150,000 (filing jointly).

That means a guy filing jointly making $150,000 would get the full $2400, while a single minimum wage guy gets $600.

How could anyone think that's fair?
 Quoting: Anonymous Coward 78432205

Because the income a minimum wage person would be approximately 600 and the wage a couple making a 150k would be 2400. You get what you pay in taxes. It’s this really hard to figure out.
Seeker 2
TGus

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03/20/2020 03:52 PM
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Re: ‘An utter disgrace’: GOP stimulus plan would cut taxes for corporations while denying benefits to poorest
Corporations are the life-blood of America. Anyone who says otherwise is a Communist.
 Quoting: TGus


and most of you think the NWO is yet to happen. The world has been under a corporate one world government for a few decades now. that's what globalization is.
 Quoting: Anonymous Coward 78096437


Are you aware that the vast majority of corporations are small businesses?
Anonymous Coward
User ID: 78230471
United States
03/20/2020 04:10 PM
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Re: ‘An utter disgrace’: GOP stimulus plan would cut taxes for corporations while denying benefits to poorest
“Heartless,” “cruel,” and “appalling” were just some of the adjectives progressive critics and analysts used late Thursday to describe the Senate GOP’s newly unveiled trillion-dollar economic stimulus package which—by design—would completely deny direct cash payments to the poorest Americans while cutting taxes for corporations, dishing out tens of billions in bailout funds to major industries, and restricting paid leave benefits that were just signed into law this week.

“The Senate GOP package is an utter disgrace,” tweeted Richard Trumka, president of the AFL-CIO. “It gives free money to corporations, ignores the health crisis, and does nothing to keep people working or help the unemployed. The labor movement will oppose this Main St. bailout of Wall St. with everything we have.

“I don’t know how else to describe this but wantonly wicked. The poorest get zero; low-income households get half of what middle-income households get; and a kid counts for 40% of an adult.”
—Daniel Hemel, University of Chicago Law School

The Republican plan, released as the economic fallout from the coronavirus outbreak continues to worsen, would provide means-tested cash payments of up to $1,200 per adult and $500 per child, with the precise amount dependent upon 2018 tax filings.

“Taxpayers with little or no income tax liability, but at least $2,500 of qualifying income, would be eligible for a minimum rebate check of $600 ($1,200 married),” the Republican proposal states. “Qualifying income includes earned income, as well as Social Security retirement benefits and certain compensation and pension benefits paid to veterans.”

Observers were quick to point out a gaping hole in the Republican plan: Adults with no qualifying income would get nothing.

While skimping on aid low-income Americans, the Republican proposal—formally known as the Coronavirus Aid, Relief, and Economic Security (CARES) Act—contains generous gifts for big corporations and billions in relief for industries hit hard by the coronavirus crisis, including $50 billion for airlines.

The 247-page Republican legislation, Iincludes a raft of temporary changes to the tax code that would reduce the tax liability of large corporations, many of them overriding provisions in the 2017 tax overhaul that were meant to raise revenue to offset corporate rate cuts.”

[link to www.rawstory.com (secure)]
 Quoting: Anonymous Coward 78491784


They get nothing because they are not working thus not affected by a labor shortage. Plus I think we should lessen their benefits until the producers (contributors) are back in full swing.
 Quoting: Seeker 2



What kind of fucking justification is that for giving the poorest people who were making minimum wage and will have difficulty putting food on the table a fraction of what somebody making ten times as much money?
Anonymous Coward
User ID: 78103944
Italy
03/20/2020 04:52 PM
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Re: ‘An utter disgrace’: GOP stimulus plan would cut taxes for corporations while denying benefits to poorest
“Heartless,” “cruel,” and “appalling” were just some of the adjectives progressive critics and analysts used late Thursday to describe the Senate GOP’s newly unveiled trillion-dollar economic stimulus package which—by design—would completely deny direct cash payments to the poorest Americans while cutting taxes for corporations, dishing out tens of billions in bailout funds to major industries, and restricting paid leave benefits that were just signed into law this week.

“The Senate GOP package is an utter disgrace,” tweeted Richard Trumka, president of the AFL-CIO. “It gives free money to corporations, ignores the health crisis, and does nothing to keep people working or help the unemployed. The labor movement will oppose this Main St. bailout of Wall St. with everything we have.

“I don’t know how else to describe this but wantonly wicked. The poorest get zero; low-income households get half of what middle-income households get; and a kid counts for 40% of an adult.”
—Daniel Hemel, University of Chicago Law School

The Republican plan, released as the economic fallout from the coronavirus outbreak continues to worsen, would provide means-tested cash payments of up to $1,200 per adult and $500 per child, with the precise amount dependent upon 2018 tax filings.

“Taxpayers with little or no income tax liability, but at least $2,500 of qualifying income, would be eligible for a minimum rebate check of $600 ($1,200 married),” the Republican proposal states. “Qualifying income includes earned income, as well as Social Security retirement benefits and certain compensation and pension benefits paid to veterans.”

Observers were quick to point out a gaping hole in the Republican plan: Adults with no qualifying income would get nothing.

While skimping on aid low-income Americans, the Republican proposal—formally known as the Coronavirus Aid, Relief, and Economic Security (CARES) Act—contains generous gifts for big corporations and billions in relief for industries hit hard by the coronavirus crisis, including $50 billion for airlines.

The 247-page Republican legislation, Iincludes a raft of temporary changes to the tax code that would reduce the tax liability of large corporations, many of them overriding provisions in the 2017 tax overhaul that were meant to raise revenue to offset corporate rate cuts.”

[link to www.rawstory.com (secure)]
 Quoting: Anonymous Coward 78491784


They get nothing because they are not working thus not affected by a labor shortage. Plus I think we should lessen their benefits until the producers (contributors) are back in full swing.
 Quoting: Seeker 2



What kind of fucking justification is that for giving the poorest people who were making minimum wage and will have difficulty putting food on the table a fraction of what somebody making ten times as much money?
 Quoting: Anonymous Coward 78230471


hesright

And they vote.
Anonymous Coward
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03/20/2020 06:00 PM
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Re: ‘An utter disgrace’: GOP stimulus plan would cut taxes for corporations while denying benefits to poorest
Under the proposal, most taxpayers would receive between $600 and $1,200 ($2,400 for a married couple) based on their 2018 income and taxes. People owing little or no income tax would get the minimum rebate of $600 if they had at least $2,500 in income from earnings, Social Security, or veterans’ benefits in 2018. People with less than $2,500 of qualifying income would get nothing. Payments would rise by $500 for each child and be phased out at higher income levels.

Take two families of four, with incomes of $35,000 and $150,000. Both families have two children, who receive $500 each. The adults, however, are treated very differently.

Each adult in the higher-income family gets $1,200, for a total of $3400.

Each lower-income adult receives just $600 for a total of $2200.

This means the less financially vulnerable family gets $1,200 more than the family that has a tougher time making ends meet. (See chart.)

[link to www.cbpp.org (secure)]

Does that sound fair to you?
Ken4767

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03/20/2020 07:05 PM
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Re: ‘An utter disgrace’: GOP stimulus plan would cut taxes for corporations while denying benefits to poorest
Gregory Mannarino is right: the US has gone full National Socialist
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Anonymous Coward
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03/21/2020 05:22 PM
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Re: ‘An utter disgrace’: GOP stimulus plan would cut taxes for corporations while denying benefits to poorest
Call me crazy but I just don’t think corporate tax cuts and no strings attached industry bailouts are where we should be putting our money right now.





GLP