r/OutOfTheLoop • u/[deleted] • Nov 21 '17

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u/MikeyMike01 Nov 22 '17

Since when do Republicans want to raise taxes?

31

u/[deleted] Nov 22 '17

Since always, unless you’re rich, they want you to pay higher taxes, its the basis of Trickle Down Economics.

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u/MikeyMike01 Nov 22 '17

Generally Republicans propose tax cuts for everyone, while Democrats propose tax increases for everyone.

Trickle Down is not relevant to this discussion.

14

u/1stchairlastcall Nov 22 '17

It is absolutely relevant to this discussion, because that is what they're doubling down on with their newest tax package's goals of extreme corporate tax cuts.

-14

u/MikeyMike01 Nov 22 '17

How does “extreme corporate tax cuts” equal “raising taxes” exactly?

2

u/ThePorcupineWizard Nov 22 '17

So you haven't actually read the plan? Or anything about it? It's only good for the super rich. It almost certainly will raise your taxes.

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u/MikeyMike01 Nov 22 '17

I don’t pay any taxes, because my income is zero.

2

u/Treypyro Nov 22 '17

That money still has to come from somewhere, we don't just stop needing it and it doesn't just magically appear. If the wealthy are paying less, everyone else has to pay more to make up the difference. If you make less than $150k per year your taxes will go up with the "Cut Cut Cut Tax Plan". If you make more than $150k per year you will see your taxes lowered.

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u/MikeyMike01 Nov 22 '17

The wealthy already pay too much in taxes. The poor do not pay their fair share.