this post was submitted on 22 May 2025
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politics

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(page 2) 50 comments
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[–] Archangel1313@lemm.ee 12 points 12 hours ago (2 children)

That's what they said about his last tax bill.

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[–] conditional_soup@lemm.ee 48 points 18 hours ago* (last edited 18 hours ago) (3 children)

I really want this to be it. I want a big enough mass of freak conservative boomers to die off of old age and for the republicans to finally push everyone else hard enough that this country finally fucking snaps and swings left so hard that Reagan's grave belches black smoke for a month. I hope we swing left so hard that all the Fox News assholes run bawling off to Russia, all the neoliberal dickheads move to their neoliberal paradise of [some offshore oil rig], and we end up fixing all kinds of shit that's been broken for basically my entire life.

I know it won't; we'll just get a bunch of working class republicans standing around the wreckage and mumbling "can you imagine how much worse it would have been under Biden?" to each other.

[–] leadore@lemmy.world 23 points 17 hours ago* (last edited 17 hours ago) (5 children)

I want a big enough mass of freak conservative boomers to die off of old age and for the republicans to finally push everyone else hard enough that this country finally fucking snaps and swings left so hard that Reagan’s grave belches black smoke for a month.

Look at Mike Johnson's face--he's not dying for a long long time. Get over the idea that evil people are all old and you just need to wait for them to die, it's not going to happen. New evil ones are born every day, they exist in every generation, they've been with us forever and will be with us forever.

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[–] aesthelete@lemmy.world 15 points 15 hours ago
[–] blakenong@lemmings.world 58 points 21 hours ago (16 children)

And yet we get banned for talking about the solution.

[–] bishbosh@lemm.ee 14 points 20 hours ago (1 children)

Well that's the power of federation.

[–] blakenong@lemmings.world 2 points 10 hours ago (2 children)

Except… when most of the action happens in one spot.

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[–] capital_sniff@lemmy.world 3 points 18 hours ago (3 children)

We get banned for talking about increasing taxes on the wealthy through like progressive tax policy?

[–] blakenong@lemmings.world 3 points 10 hours ago

Sweet summer child, that won’t happen. It’s far more likely that we just kill them all before those things get voted in.

[–] TheShadow277@slrpnk.net 23 points 18 hours ago (1 children)

Asking the rich to be less rich doesn't seem to be working so well to me.

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[–] SoftestSapphic@lemmy.world 15 points 18 hours ago (1 children)

So how do we increase taxes on them when they control all our politicians?

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[–] Sunschein@lemmy.world 169 points 1 day ago (2 children)

And it's behind a paywall. Chef's kiss.

[–] takeda@lemm.ee 102 points 1 day ago (7 children)

The Largest Upward Transfer of Wealth in American History

House Republicans voted to advance a bill that would offer lavish tax cuts for the rich while slashing benefits for the poor. By Jonathan Chait House Speaker Mike Johnson Kevin Dietsch / Getty May 22, 2025, 9:21 AM ET

House Republicans worked through the night to advance a massive piece of legislation that might, if enacted, carry out the largest upward transfer of wealth in American history.

That is not a side effect of the legislation, but its central purpose. The “big, beautiful bill” would pair huge cuts to food assistance and health insurance for low-income Americans with even larger tax cuts for affluent ones.

Hakeem Jeffries, the House minority leader, warned that the bill’s passage, by a 215–214 margin, would mark the moment the Republicans ensured the loss of their majority in the midterm elections. That may be so. But the Republicans have not pursued this bill for political reasons. They are employing a majority that they suspect is temporary to enact deep changes to the social compact.

The minority party always complains that the majority is “jamming through” major legislation, however deliberate the process may be. (During the year-long debate over the Affordable Care Act, Republicans farcically bemoaned the “rushed” process that consumed months of public hearings.) In this case, however, the indictment is undeniable. The House cemented the bill’s majority support with a series of last-minute changes whose effects have not been digested. The Congressional Budget Office has not even had time to calculate how many millions of Americans would lose health insurance, nor by how many trillions of dollars the deficit would increase.

The heedlessness of the process is an indication of its underlying fanaticism. The members of the Republican majority are behaving not like traditional conservatives but like revolutionaries who, having seized power, believe they must smash up the old order as quickly as possible before the country recognizes what is happening.

House Republicans are fully aware of the political and economic risks of this endeavor. Cutting taxes for the affluent is unpopular, and cutting Medicaid is even more so. That is why, instead of proudly proclaiming what the bill will accomplish, they are pretending it will do neither. House Republicans spent months warning of the political dangers of cutting Medicaid, a program that many of their own constituents rely on. The party’s response is to fall back on wordplay, pretending that their scheme of imposing complex work requirements, which are designed to cull eligible recipients who cannot navigate the paperwork burden, will not throw people off the program—when that is precisely the effect they are counting on to produce the necessary savings.

The less predictable dangers of their plan are macroeconomic. The bill spikes the deficit, largely because it devotes more money to lining the pockets of lawyers and CEOs than it saves by immiserating fast-food employees and ride-share drivers. Massive deficit spending is not always bad, and in some circumstances (emergencies, or recessions) it can be smart and responsible. In the middle of an economic expansion, with a large structural deficit already built into the budget, it is deeply irresponsible.

In recent years, deficit spending has been a political free ride. With interest rates high and rising, the situation has changed. Higher deficits oblige Washington to borrow more money, which can force it to pay investors higher interest rates to take on its debt, which in turn increases the deficit even more, as interest payments (now approaching $1 trillion a year) swell. The market could absorb a new equilibrium with a higher deficit, but that resolution is hardly assured. The compounding effect of higher debt leading to higher interest rates leading to higher debt can spin out of control.

House Republicans have made clear they are aware of both the political and the economic dangers of their plan, because in the recent past, they have repeatedly warned about both. Their willingness to take them on is a measure of their profound commitment.

And while the content of their beliefs can be questioned, the seriousness of their purpose cannot. Congressional Republicans are willing to endanger their hold on power to enact policy changes they believe in. And what they believe—what has been the party’s core moral foundation for decades—is that the government takes too much from the rich, and gives too much to the poor.

[–] jayambi@lemmy.world 56 points 1 day ago (2 children)

By reading this, i had two thoughts:

  1. Someday soon, America will burn.

  2. The rest of the world should make a Blacklist of all those criminals who are robbing the working class so they cannot go anywhere exept from burning in the hell they created.

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[–] billbasher@lemmy.world 25 points 21 hours ago

Wow. Fuck these republicans and fuck the people that voted for them

[–] Goretantath@lemm.ee 33 points 23 hours ago

It also has a bit where judges cant hold people in contempt anymore.

[–] goldenquetzal@lemmy.world 14 points 23 hours ago

Hakeem Jeffries and anyone else thinking we are ever going to have fair elections again are Fing morons.

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[–] unhrpetby@sh.itjust.works 5 points 21 hours ago (3 children)

Disable JavaScript to bypass.

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[–] Sanctus@lemmy.world 101 points 1 day ago (1 children)

Our country is being robbed, our futures stolen

[–] My_IFAKs___gone@lemmy.world 25 points 23 hours ago (1 children)

The floodwaters can only be dammed so long before breaking free. Whether that happens via controlled release of pressure or a disastrous blow out is up to the people with the regulatory power. Their failure to address the tide can only end in their painful ruin. For their sake, they better have fast legs if they don't grow some hearts.

[–] Sunflier@lemmy.world 8 points 23 hours ago (1 children)

It's less that the regulators are failing to do their jobs and more that regulators are being given toddlers' first toolset to do the job that requires some high end tools.

[–] My_IFAKs___gone@lemmy.world 8 points 22 hours ago

Sorry, my intent was to apply the label of "regulator" to the publicly elected officials and ghouls controlling the course of this legislation (i.e. regulating society). I are engineer, so sometimes I mix my lingo and analogies.

[–] Kyrgizion@lemmy.world 34 points 1 day ago* (last edited 1 day ago) (1 children)

The largest upward transfer of wealth in history... so far.

Not counting the ones during Covid or 2008.

[–] SreudianFlip@sh.itjust.works 6 points 16 hours ago* (last edited 16 hours ago) (1 children)

Everyone seems to forget the Libor scam/conspiracy. Trillions.

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[–] SanicHegehog@lemm.ee 22 points 1 day ago
[–] SCmSTR@lemmy.blahaj.zone 15 points 23 hours ago

This bill also fully bans Medicaid Gender Affirming Care, adults and all.

[–] GlendatheGayWitch@lemmy.world 4 points 18 hours ago (2 children)

Haven't we seen this headline a few times already? I feel like this was a point made after 2008 and covid lockdown at least.

[–] Zenith@lemm.ee 6 points 15 hours ago (1 children)

That was when he was doing the PPP loans and required them to be untraceable, at the time it was the biggest transfer of wealth, this apparently does even more and goes even further

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[–] aesthelete@lemmy.world 4 points 15 hours ago

It was true then and it's true now.

[–] Vanilla_PuddinFudge@infosec.pub 17 points 1 day ago (10 children)

Guess I'll give up on everything, not have any kids and shoot myself at age 60,... unironically. I have the gun already.

[–] takeda@lemm.ee 32 points 1 day ago (3 children)

This is not end of the world, history is full of bad moments and we got out of them.

We need people to join protests to help change things, not kill themselves. If we accept that we have no power, we will have no power.

https://www.mobilize.us/indivisible/

https://fiftyfifty.one/

https://maydaymovementusa.org/

[–] Sunflier@lemmy.world 11 points 23 hours ago (3 children)

Are we beyond the point of protests yet? Our politicians are actively taking affirmative steps to avoid listening to them.

[–] in4apenny@lemmy.dbzer0.com 2 points 6 hours ago

Did anyone protest when Philadelphia police dropped bombs on their own city in 1985 to kill black people? Didn't think so.

[–] supersquirrel@sopuli.xyz 8 points 21 hours ago

Are we beyond the point of protests yet?

Very close to it, in some places tragically far past it already.

[–] Auli@lemmy.ca 4 points 21 hours ago* (last edited 20 hours ago)

We have been far past that point for a long while but nobody cares.
Peaceful weekend protests might make people feel like they're doing something but are not successful. You have to disrupt the economy for people to notice general strikes massive protests.

[–] Vanilla_PuddinFudge@infosec.pub 12 points 1 day ago* (last edited 1 day ago) (2 children)

Oh I will, all the way up to age 60. I'm not going to wait quietly for old age. I have lots of time to flick off conservatives.

But do I actually have any hope at all?

nope!

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[–] ludicolo@lemmy.ml 4 points 21 hours ago* (last edited 21 hours ago)

That is such a funny fucking joke you made there old buddy old pal. "We got out of them" no we didn't you fool do you see where we are now?? This has been a build up of events that have happened before. Ignoring that is just plain ignorant and dangerous to the situation at hand, we got here because we never truly "got out of them".

By all means fight the good fight and keep your friends, families, and neighbors safe. However, we need to stop placating people with this rhetoric.

[–] BrianTheeBiscuiteer@lemmy.world 20 points 23 hours ago

You could do so much more good with that gun.

[–] Sunflier@lemmy.world 17 points 23 hours ago

That's most millenial Americans' retirement plans.

[–] Kyrgizion@lemmy.world 8 points 1 day ago

I have given up on the idea of retirement or security/safety in my lifetime a loooong time back. We live in the worst possible type of dystopia, a world where "evil" won long ago, and has had ample time and opportunity to sink its claws into every aspect of our lives, forever.

And the worst part is that most people won't even believe it. In fact, almost a majority seem to relish it somehow. Like they want the world to be as terrible as it can possibly be, even for themselves.

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[–] altphoto@lemmy.today 0 points 11 hours ago

I can also play that! The most majestic! An incredible opportunity. A friend in need. News you can! Flying around! It was tasty with some. It will never! Not like that anyway.

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