Day: January 11, 2023

Are House Republicans Idiots?

My first thought is ….yes….but then I have never trusted the GOP.

But I guess I need to quantify my answer.

It appears that the House GOP has zeroed in on the deficit (something they do every time they are in control but never succeed) and in this era they are at it again.

Their answer to the deficit is to close down the IRS and eliminate the income tax….

Republicans in the House of Representatives will vote on a bill that would abolish the Internal Revenue Service (IRS), eliminate the national income tax and replace it with a national consumption tax.

Fox News Digital has learned that the House will be voting on Georgia Republican Rep. Buddy Carter’s reintroduced Fair Tax Act that aims to reel in the IRS and remove the national income tax, as well as other taxes, and replace them with a single consumption tax.

The vote on the bill was made as part of the deal between House Speaker Kevin McCarthy, R-Calif., and members of the House Freedom Caucus and was pushed forward in his quest for the gavel last week.

“Cosponsoring this Georgia-made legislation was my first act as a Member of Congress and is, fittingly, the first bill I am introducing in the 118th Congress,” Carter said in a press release exclusively obtained by Fox News Digital.

“Instead of adding 87,000 new agents to weaponize the IRS against small business owners and middle America, this bill will eliminate the need for the department entirely by simplifying the tax code with provisions that work for the American people and encourage growth and innovation,” Carter continued.

“Armed, unelected bureaucrats should not have more power over your paycheck than you do,” he added.

“As a former small business owner, I understand the unnecessary burden our failing income tax system has on Americans,” said Rep. Jeff Duncan, R-S.C., in a statement. “The Fair Tax Act eliminates the tax code, replaces the income tax with a sales tax, and abolishes the abusive Internal Revenue Service. If enacted, this will invigorate the American taxpayer and help more Americans achieve the American Dream.”

https://www.foxnews.com/politics/house-republicans-vote-bill-abolishing-irs-eliminating-income-tax

This is not going to work…..the wealthy still get off scott free on taxes…..

I have a few suggestions to fight our deficit…..

1–Reduce defense budget by 1/3

2–Reduce foreign aid by 1/3

3–Design a tax structure that includes all people including corporate income

4–A fee on stock trades over $1 million.

5–A real program that would find and return hidden assets in offshore accounts.

One finally question for Republican voters….

When will Republican voters figure out how badly they’re getting screwed by Republican politicians?

When will Republican voters figure out how badly they’re getting screwed by Republican politicians?

https://www.rawstory.com/gop-voters-2659070034/

Good question that deserves an immediate answer.

House Republicans are set to vote on the Fair Tax Act introduced by Rep. Earl L. “Buddy” Carter (R-GA) which seeks to eliminate all personal and corporate income taxes, the death tax, gift taxes, and the payroll tax while also eliminating the need for the Internal Revenue Service, according to a release.

What Happened: First introduced toCongress in 1999 by former Georgia Congressman John Linder, the Fair Tax would repeal the current tax code and replace it with a single national consumption tax that “is pro-growth and allows Americans to keep every cent of their hard-earned money.”

“Instead of adding 87,000 new agents to weaponize the IRS against small business owners and middle America, this bill will eliminate the need for the department entirely by simplifying the tax code with provisions that work for the American people and encourage growth and innovation,” said Carter. “Armed, unelected bureaucrats should not have more power over your paycheck than you do.”

The Deal: According to Fox News, which first reported the story, the vote on the bill was made as part of the deal between House Speaker Kevin McCarthy (R-Calif.), and members of the House Freedom Caucus and was pushed forward in his quest for the position last week.

“As a former small business owner, I understand the unnecessary burden our failing income tax system has on Americans. The Fair Tax Act eliminates the tax code, replaces the income tax with a sales tax, and abolishes the abusive Internal Revenue Service. If enacted, this will invigorate the American taxpayer and help more Americans achieve the American Dream,” said Rep. Jeffrom their mouths is pure horse manuref Duncan, also one of the original co-sponsors of the bill.

Almost every word coming from their mouths is pure horse manure…..and yet there will be cheers for their forward thinking (that is sarcasm in case you missed it)

I Read, I Write, You Know

“lego ergo scribo”

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Repubs Moves As Predicted

It is a well known fact that Repubs hate the idea of Social Security and Medicare and they attempt to de-fund as soon as they are in control of the House and 2023 is no exception….

House Republicans are making clear that they intend to seek cuts to entitlement programs like Social Security and Medicare with their new majority in the 118th Congress.

Their plans to target health care programs follow demands from a group of conservatives that helped elect House Speaker Kevin McCarthy (R-Calif.) over the weekend. Those far-right lawmakers have sought across-the-board spending cuts in order to tackle the growing national debt.

But the narrow House GOP majority ― McCarthy can afford to lose just four votes on any bill ― is far more divided on cuts to defense spending than for entitlement programs.

“I’m all for a balanced budget, but we’re not going to do it on the backs of our troops and our military,” Rep. Michael Waltz (R-Fla.), a former Army Green Beret, said Monday during an interview on Fox Business. “If we really want to talk about the debt and spending, it’s the entitlements programs.”

As part of his list of concessions to conservatives, McCarthy reportedly agreed to cap spending for the next year at fiscal 2022 levels, which would amount to over $130 billion in cuts from last month’s $1.7 trillion government funding bill.

Republicans don’t plan to alter benefits for current Social Security and Medicare recipients, according to Rep. Chip Roy (R-Texas).

“What we have been very clear about is, we’re not going to touch the benefits that are going to people relying on the benefits under Social Security and Medicare,” Roy said Sunday on CNN’s “State of the Union.” “But we all have to be honest about sitting at the table and figuring out how we’re going to make those work, how we’re going to deal with defense spending and how we’re going to deal with nondefense discretionary spending.”

The Republican Study Committee proposed a budget for fiscal 2023 that would gradually increase the eligibility ages for Social Security and Medicare, and change the Social Security benefit formula for people 54 and younger, while not changing it for people closer to receiving benefits.

Democrats are likely to oppose those changes, as well as any cuts to Social Security and Medicare, and an ensuing standoff could result in another government shutdown. The 2018-2019 lapse in federal funding lasted 35 days after a fight over former President Donald Trump’s border policies and immigration.

https://www.huffpost.com/entry/social-security-medicare-cuts-republicans_n_63bc41fbe4b0b2e15069b0ae

Seniors really should pay attention before they throw away their votes for those that will do them the most damage.

But will they?

Be Smart!

Learn Stuff!

I Read, I Write, You Know

“lego ergo scribo”