2017 GOP Tax Cut & Jobs Act EXTENDED via Trump’s One Big Beautiful Bill Act (OBBA). Signed Into Law On July 4, 2025

Gus Money

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Perspective | I’m a Depression historian. The GOP tax bill is straight out of 1929.
When Bill Clinton proposed a modest increase in the top marginal tax rate in his 1993 budget, every Republican voted against it. Trickle-down economists proclaimed that it would lead to economic disaster. But the tax increase on the wealthy was followed by one of the greatest periods of prosperity in American history and resulted in a budget surplus. When the Republicans came back into power in 2001, the administration of George W. Bush pushed the opposite policies, which had invariably produced calamity in the past. Predictably, that happened again in 2008.

:francis:
 
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Blackfyre

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The fact that McCain is basically a dead man walking and plans to screw this many people on the way out is astounding. Does he not care that this would be what he’s remembered for?
Apparently, this is the way of the maverick. :yeshrug:
 

FAH1223

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NY's #1 Draft Pick

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They are voting whether to send the senate gop tax reform bill back to the finance committee.

So far 24 yes and 19 no
 

Arianne Martell

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