>>THIS WEEK, SENATE REPUBLICANS ARE PLANNING TO HOLD A VOTE ON
THEIR TAX REFORM BILL.
IT'S BEEN A BIT SINCE WE HAD A SHOW SO WHY
DON'T WE SEE WHAT THE CHANCES ARE OF GETTING THAT PASSED.
THERE IS A NEW CBO REPORT AND THERE HAD BEEN A FEW NONPARTISAN
ANALYSES OF THE TAX BILL, IT'S JUST GETTING WORSE AND WORSE.
TURNS OUT IT WILL ULTIMATELY RAISE TAXES BY 2027 ON MORE THAN
HALF THE COUNTRY.
THIS TAX CUT BILL WILL RAISE TAXES ON HALF OF
YOU, AT THE VERY LEAST, WATCHING THIS VIDEO, POSSIBLY MORE.
SPECIFICALLY --
>>REMEMBER, THIS IS A TAX CUT BILL --
>>SO IF YOU MAKE MORE THAN THAT YOU MIGHT AT LEAST BREAK EVEN
FOR A WHILE.
THE COUNTRY WILL PROBABLY END UP GOING BANKRUPT
BUT YOU WILL BE OKAY FOR A BIT.
IF HOWEVER YOU MAKE AS MUCH AS
THE VAST MAJORITY OF THIS COUNTRY DOES, YOU WILL BE
SCREWED IN JUST A FEW YEARS.
HOWEVER --
>>I WASN'T REALLY DOUBTING THAT FROM THE BEGINNING.
>>THIS IS AMAZING, THIS IS THE MOST LITERAL WEALTH
REDISTRIBUTION I'VE EVER SEEN IN MY LIFETIME OF COVERING
POLITICS, BUT THEY ARE REDISTRIBUTING THE WEALTH FROM
THE POOR AND THE CLASS TO THE TOP.
IT'S THE MOST BRAZEN THING
EVER SEEN, AND THAT'S WHY THE STOCK MARKET IS BOOMING, AMONG
THE REASONS WHY, AND WHY A LOT OF THE CORPORATE CEOS AND
BACKERS, ETC., HAVEN'T BACKED AWAY FROM TRUMP.
IT DOESN'T
MATTER IF HE THOUGHT THERE WERE SOME GOOD PEOPLE ON THE NEO-NAZI
SIDE, ALL THE TERRIBLE THINGS HE'S DONE, HIS OBVIOUS,
OVER-THE-TOP INCOMPETENCE -- NOTHING MATTERS.
THEY ARE LIKE,
YES, THE MIDDLE CLASS, GIVE ME THEIR MONEY, I WANT TO
REDISTRIBUTE WEALTH.
THIS IS CLASS WARFARE.
RIGHT FROM THE
BEGINNING ANALYSTS SAID ONE THIRD OF THE MIDDLE CLASS WOULD
IMMEDIATELY GET TAX INCREASES, AND BY THE WAY, I SHOULD
APOLOGIZE -- THEY ALWAYS CALLED IT TAX REFORM, AND I SAID CALL
IT WHAT IT IS, IT ISN'T TAX REFORM, IT'S TAX CUTS FOR THE
RICH.
AND BY THE WAY, 80% OF THE CUTS GO TO THE TOP 1%.
80% TO
THE TOP 1%.
BUT IT TURNS OUT I WAS WRONG, IT ISN'T JUST TAX
CUTS, THERE IS ALSO TAX INCREASES, SO IT COULD
FAIRLY BE CALLED TAX REFORM.
>>OR JUST WEALTH REDISTRIBUTION.
>>THIS IS THE WAY IT WORKS.
MAINLY IT'S CORPORATIONS GETTING
A TAX CUT, FROM 35 TO 20%.
OR IF YOU RUN A BUSINESS THAT'S A
PASS-THROUGH BUSINESS LIKE DONALD TRUMP DOES YOU ARE
GETTING A MASSIVE TAX CUT.
IF YOU ARE ALREADY A
MULTIMILLIONAIRE OR BILLIONAIRE YOU GET A GIGANTIC TAX CUT IN
THE ESTATE TAX, ETC.
IN ORDER TO PAY FOR THAT, EVEN BEFORE YOU
GET INTO DEEP CUTS THEY WILL HAVE TO MAKE LATER TO SOCIAL
SECURITY, MEDICARE, MEDICAID, ETC., WHAT ARE YOU GOING TO DO?
NUMBER ONE, YOU WILL RUN UP A GIANT DEFICIT.
AT A MINIMUM IT
IS $1.5 TRILLION THEY WILL ADD TO THE DEFICIT.
REPUBLICANS
ADMIT THAT.
SO IF YOU ARE A REPUBLICAN AND YOU LIKE THIS
PLAN YOU ARE NEVER ALLOWED TO SAY YOU LIKE BALANCED BUDGETS.
YOU WANT TO TALK ABOUT OBAMA PHONES?
THIS IS TRUMP YACHTS TO THE RICH AND CORPORATIONS.
>>THE YACHTS PROBABLY HAVE PHONES, TO BE FAIR.
>>THEY NEVER CARED ABOUT THE DEFICIT, IT WAS ALWAYS TO SERVE
THEIR RICH DONORS.
SECONDARILY, ONCE YOU GET PAST 10 YEARS, A
THIRD OF THE MIDDLE CLASS GETTING TAX INCREASES TO PAY FOR
TAX CUTS FOR THE RICH?
NOT NEARLY ENOUGH.
AFTER THE 10
YEARS, EVERYONE, ALMOST EVERYONE UNDER $75,000, AS JOHN
EXPLAINED, YOUR TAXES GO UP, YOUR INCOME AND YOUR SERVICES GO
DOWN, SO YOU HAVE TO BEAR THE BURDEN OF ALL THE CORPORATE TAX
CUTS AND THE TAX CUTS TO THE BILLIONAIRES.
IT'S INSANE.
THIS
IS THE GREATEST ROBBERY IN AMERICAN HISTORY.
IF YOU ARE ONE
OF THOSE FOLKS -- BY THE WAY WHETHER YOU ARE ON THE RIGHT OR
LEFT AND YOU THOUGHT THE SYSTEM WAS RIGGED, THIS IS EXACTLY HOW
IT IS RIGGED.
THEY HAVE PRIVATE FINANCING OF ELECTIONS, AND THEN
THE POLITICIANS WORK FOR THE PEOPLE WHO FINANCE THEIR
ELECTIONS, WHICH ARE PRIVATE INTERESTS.
DID YOU FINANCE THEIR
ELECTIONS?
NO, SO THEY DON'T WORK FOR YOU, THEY WORK FOR THE
PEOPLE WHO SIGN THEIR CHECKS.
THEY GO THANK YOU FOR THOSE
DONATIONS, NOW HERE ALL THE GOODIES YOU WANT.
THEN WE WILL
TURN AROUND AND GO, RIGGED?
WHAT DO YOU MEAN?
PEOPLE ARE SAYING
THE POLITICIANS MIGHT WORK FOR THEIR DONORS?
WELL, WE DON'T
ALLOW THOSE PEOPLE ON TV, WE DON'T TALK ABOUT THAT ON TV
BECAUSE SOME OF THE MONEY GOES TO TV.
THIS IS HOW IT IS RIGGED,
AND THIS IS HOW THEY WILL ROB YOU BLIND.
THIS IS WHY WE NEED A
POLITICAL REVOLUTION, BECAUSE AS LONG AS THEY KEEP WORKING FOR
THEIR DONORS THEY WILL KEEP ON ROBBING YOU.
THIS IS JUST THE
MOST SPECTACULAR CASE OF IT.
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