Biden infrastructure/tax increase megathread

[BigSerg]

Obamacare 2.0
https://twitter.com/PollsandOdds/status/1456083725578604546?s=20

[SteveRogers]

Obamacare 2.0
https://twitter.com/PollsandOdds/status/1456083725578604546?s=20

Literally a push poll.

[GM Team Member and Deputy PPT WB]

Obamacare 2.0
https://twitter.com/PollsandOdds/status/1456083725578604546?s=20

This question is more loaded than the baked potato I had last night

[jojoju1998]

Obamacare 2.0
https://twitter.com/PollsandOdds/status/1456083725578604546?s=20

WE HATE SOCIALISM ! BUT DON'T LET THE GOVERNMENT TAKE AWAY MY MEDICARE !

That's America right now.

[American2020]

https://twitter.com/djrothkopf/status/1456279886339977217

[MR DARK BRANDON]

https://twitter.com/djrothkopf/status/1456279886339977217

Let’s hope that house regressives don’t f this up

[BigSerg]

https://twitter.com/RNCResearch/status/1455926946974535684?s=20

[MillennialModerate]

https://twitter.com/RNCResearch/status/1455926946974535684?s=20

Do now suburban white voters in Georgia

“Trump turned me into a Democrat”

[LabourJersey]

https://twitter.com/RNCResearch/status/1455926946974535684?s=20

Yes, because things were so great in November 2020...

[😥]

https://twitter.com/JakeSherman/status/1456347392102604800?t=PJ90p6u7uBTw0tuZs_A...

[VBM]

https://twitter.com/NewDay/status/1456244440482394124

What a piece of sh**t

[roxas11]

https://twitter.com/RNCResearch/status/1455926946974535684?s=20

Yes, because things were so great in November 2020...

In November 2020 unemployment was at 6.7 percent and covid cases did not hit its peak until January when the US was at 300,0000 new cases

Under Biden unemployment dropped to 4.8 percent and covid cases have massively declined around the country. Yet all of that progress under Biden can be completely ignored since a lot of people in this country will simply say inflation is up and therefore things are worse than ever

Don't be surprised when you see some people even claim that things are worse now than it was during the great depression lol

Now of couse that is ridiculous and not even close to being true but as george carlin famously said....

[MillennialModerate]

https://twitter.com/NewDay/status/1456244440482394124

Manchin is still so extremely delusional that he thinks "regular order" is a thing in the senate or that the GOP has any intention to get stuff accomplished. We can get to regular order by nuking the filibuster, but he doesn't want to do this either.

Reality is that beyond his delusion he doesn't even want stuff done because his fossil fuel donors don't want Biden's reforms passed. He's their useful idiot who still thinks it's the good old days where you have compromises and major bills pass with 70 votes or more.

It's just frustrating to see how we blow the (likely) only trifecta we got in this decade by such an attitude.

It’s so refreshing to see a reporter at least challenge Manchin on some of these points.

Anyway - if it was possible to get paid leave as a stand alone Bi-partisan bill… that would be AMAZING for Biden. It would show that under Dem control not one but two major Bi-partisan bills were passed. But of course we know the GOP would never ever ever vote for such a plan

[President Johnson]

https://twitter.com/djrothkopf/status/1456279886339977217

The question is how long it would last then. But I hope he can get this done now and the public option next year.

[jaichind]

So the SALT CAP increase from 10K to 72K is in the bill ?  Wow.  This does not make sense.  The group that will benefit from this is really the AGO $400K-$1million crowd.  For the $5 million AGI gang, this benefit is fairly tiny and will really not change their behavior.

So this
a) Crosses the Progressive red line of giving a tax cut to a higher income bloc
b) Does not really solve the problem of high-income groups migrating from blue states to red states and blowing up the fiscal situation in high tax blue in the long run

So this is the worse of both worlds for the Dems.  The only explanation is a handful of Dem House members from high-income districts mostly in CA NY NJ CT etc have a lot of doners from the $400K-$1 million gang and feel they have to deliver for their doners.

PS.  Does a quick calculation show that the Dems want to retroactively give me an extra $20K for the 2021 tax year.  I guess I will take it even as I think this entire exercise is just stupid.  I will always take free cash.

[gerritcole]

Libs have an unstable coalition, a handout to their high earners won’t help them with lower income voters

[compucomp]

So the SALT CAP increase from 10K to 72K is in the bill ?  Wow.  This does not make sense.  The group that will benefit from this is really the AGO $400K-$1million crowd.  For the $5 million AGI gang, this benefit is fairly tiny and will really not change their behavior.

So this
a) Crosses the Progressive red line of giving a tax cut to a higher income bloc
b) Does not really solve the problem of high-income groups migrating from blue states to red states and blowing up the fiscal situation in high tax blue in the long run

So this is the worse of both worlds for the Dems.  The only explanation is a handful of Dem House members from high-income districts mostly in CA NY NJ CT etc have a lot of doners from the $400K-$1 million gang and feel they have to deliver for their doners.

PS.  Does a quick calculation show that the Dems want to retroactively give me an extra $20K for the 2021 tax year.  I guess I will take it even as I think this entire exercise is just stupid.  I will always take free cash.

I think it's bizarre that you think this makes no sense. The incomes you're talking about are upper middle class in the NYC area, which I'm sure you know, and so there are quite a few of them. This will help many people who were totally ripped off by the Trump tax law and actually had their taxes raised. Sure, you can argue these people don't need the help, but they are now part of the core of the Democratic party and likely were a big source of funds for ActBlue and other Dem PACs. Meanwhile it excludes the super high earners (like Trump) who are very few in number and really don't need the tax break. I think this is the best way to go about changing the SALT cap, redress the injustice done by Trump upon the upper middle class in NY/NJ/IL/CA and reward a sizable bloc of your supporters while not rewarding the super rich.

[jaichind]

So the SALT CAP increase from 10K to 72K is in the bill ?  Wow.  This does not make sense.  The group that will benefit from this is really the AGO $400K-$1million crowd.  For the $5 million AGI gang, this benefit is fairly tiny and will really not change their behavior.

So this
a) Crosses the Progressive red line of giving a tax cut to a higher income bloc
b) Does not really solve the problem of high-income groups migrating from blue states to red states and blowing up the fiscal situation in high tax blue in the long run

So this is the worse of both worlds for the Dems.  The only explanation is a handful of Dem House members from high-income districts mostly in CA NY NJ CT etc have a lot of doners from the $400K-$1 million gang and feel they have to deliver for their doners.

PS.  Does a quick calculation show that the Dems want to retroactively give me an extra $20K for the 2021 tax year.  I guess I will take it even as I think this entire exercise is just stupid.  I will always take free cash.

I think it's bizarre that you think this makes no sense. The incomes you're talking about are upper middle class in the NYC area, which I'm sure you know, and so there are quite a few of them. This will help many people who were totally ripped off by the Trump tax law and actually had their taxes raised. Sure, you can argue these people don't need the help, but they are now part of the core of the Democratic party and likely were a big source of funds for ActBlue and other Dem PACs. Meanwhile it excludes the super high earners (like Trump) who are very few in number and really don't need the tax break. I think this is the best way to go about changing the SALT cap, redress the injustice done by Trump upon the upper middle class in NY/NJ/IL/CA and reward a sizable bloc of your supporters while not rewarding the super rich.

It makes no sense because the $400K-$1million AGI gang is not that mobile and is unlikely to be able to move to a low-tax red state WHILE they are actually making this income.  It is the $5 million gang that is far more mobile with the nature of their work.  I agree it makes sense from an electoral politics point of view in those few districts.  The main risk for the Blue states the SALT cap created is more the $5 million AGI and above gang are now more likely to move AND the state finances are very dependent on revenue from that group.  NJ is most likely the most vulnerable.   

[Vaccinated Russian Bear]

So the SALT CAP increase from 10K to 72K is in the bill ?  Wow.  This does not make sense.  The group that will benefit from this is really the AGO $400K-$1million crowd.  For the $5 million AGI gang, this benefit is fairly tiny and will really not change their behavior.

So this
a) Crosses the Progressive red line of giving a tax cut to a higher income bloc
b) Does not really solve the problem of high-income groups migrating from blue states to red states and blowing up the fiscal situation in high tax blue in the long run

So this is the worse of both worlds for the Dems.  The only explanation is a handful of Dem House members from high-income districts mostly in CA NY NJ CT etc have a lot of doners from the $400K-$1 million gang and feel they have to deliver for their doners.

PS.  Does a quick calculation show that the Dems want to retroactively give me an extra $20K for the 2021 tax year.  I guess I will take it even as I think this entire exercise is just stupid.  I will always take free cash.

I think it's bizarre that you think this makes no sense. The incomes you're talking about are upper middle class in the NYC area, which I'm sure you know, and so there are quite a few of them. This will help many people who were totally ripped off by the Trump tax law and actually had their taxes raised. Sure, you can argue these people don't need the help, but they are now part of the core of the Democratic party and likely were a big source of funds for ActBlue and other Dem PACs. Meanwhile it excludes the super high earners (like Trump) who are very few in number and really don't need the tax break. I think this is the best way to go about changing the SALT cap, redress the injustice done by Trump upon the upper middle class in NY/NJ/IL/CA and reward a sizable bloc of your supporters while not rewarding the super rich.

It makes no sense because the $400K-$1million AGI gang is not that mobile and is unlikely to be able to move to a low-tax red state WHILE they are actually making this income.  It is the $5 million gang that is far more mobile with the nature of their work.  I agree it makes sense from an electoral politics point of view in those few districts.  The main risk for the Blue states the SALT cap created is more the $5 million AGI and above gang are now more likely to move AND the state finances are very dependent on revenue from that group.  NJ is most likely the most vulnerable.   

Hehe, yeah.

https://twitter.com/StevenTDennis/status/1456007142847258627

[compucomp]

So the SALT CAP increase from 10K to 72K is in the bill ?  Wow.  This does not make sense.  The group that will benefit from this is really the AGO $400K-$1million crowd.  For the $5 million AGI gang, this benefit is fairly tiny and will really not change their behavior.

So this
a) Crosses the Progressive red line of giving a tax cut to a higher income bloc
b) Does not really solve the problem of high-income groups migrating from blue states to red states and blowing up the fiscal situation in high tax blue in the long run

So this is the worse of both worlds for the Dems.  The only explanation is a handful of Dem House members from high-income districts mostly in CA NY NJ CT etc have a lot of doners from the $400K-$1 million gang and feel they have to deliver for their doners.

PS.  Does a quick calculation show that the Dems want to retroactively give me an extra $20K for the 2021 tax year.  I guess I will take it even as I think this entire exercise is just stupid.  I will always take free cash.

I think it's bizarre that you think this makes no sense. The incomes you're talking about are upper middle class in the NYC area, which I'm sure you know, and so there are quite a few of them. This will help many people who were totally ripped off by the Trump tax law and actually had their taxes raised. Sure, you can argue these people don't need the help, but they are now part of the core of the Democratic party and likely were a big source of funds for ActBlue and other Dem PACs. Meanwhile it excludes the super high earners (like Trump) who are very few in number and really don't need the tax break. I think this is the best way to go about changing the SALT cap, redress the injustice done by Trump upon the upper middle class in NY/NJ/IL/CA and reward a sizable bloc of your supporters while not rewarding the super rich.

It makes no sense because the $400K-$1million AGI gang is not that mobile and is unlikely to be able to move to a low-tax red state WHILE they are actually making this income.  It is the $5 million gang that is far more mobile with the nature of their work.  I agree it makes sense from an electoral politics point of view in those few districts.  The main risk for the Blue states the SALT cap created is more the $5 million AGI and above gang are now more likely to move AND the state finances are very dependent on revenue from that group.  NJ is most likely the most vulnerable.   

I'm pretty sure this was very low on the list of considerations for both Trump and the Democrats when changing the SALT deduction and the electoral politics were by far the main consideration. Trump basically treated this group like a disfavored minority group to be singled out and oppressed because he knows they hate him and voted heavily against him.

[Vaccinated Russian Bear]

So the SALT CAP increase from 10K to 72K is in the bill ?  Wow.  This does not make sense.  The group that will benefit from this is really the AGO $400K-$1million crowd.  For the $5 million AGI gang, this benefit is fairly tiny and will really not change their behavior.

So this
a) Crosses the Progressive red line of giving a tax cut to a higher income bloc
b) Does not really solve the problem of high-income groups migrating from blue states to red states and blowing up the fiscal situation in high tax blue in the long run

So this is the worse of both worlds for the Dems.  The only explanation is a handful of Dem House members from high-income districts mostly in CA NY NJ CT etc have a lot of doners from the $400K-$1 million gang and feel they have to deliver for their doners.

PS.  Does a quick calculation show that the Dems want to retroactively give me an extra $20K for the 2021 tax year.  I guess I will take it even as I think this entire exercise is just stupid.  I will always take free cash.

I think it's bizarre that you think this makes no sense. The incomes you're talking about are upper middle class in the NYC area, which I'm sure you know, and so there are quite a few of them. This will help many people who were totally ripped off by the Trump tax law and actually had their taxes raised. Sure, you can argue these people don't need the help, but they are now part of the core of the Democratic party and likely were a big source of funds for ActBlue and other Dem PACs. Meanwhile it excludes the super high earners (like Trump) who are very few in number and really don't need the tax break. I think this is the best way to go about changing the SALT cap, redress the injustice done by Trump upon the upper middle class in NY/NJ/IL/CA and reward a sizable bloc of your supporters while not rewarding the super rich.

It makes no sense because the $400K-$1million AGI gang is not that mobile and is unlikely to be able to move to a low-tax red state WHILE they are actually making this income.  It is the $5 million gang that is far more mobile with the nature of their work.  I agree it makes sense from an electoral politics point of view in those few districts.  The main risk for the Blue states the SALT cap created is more the $5 million AGI and above gang are now more likely to move AND the state finances are very dependent on revenue from that group.  NJ is most likely the most vulnerable.  

I'm pretty sure this was very low on the list of considerations for both Trump and the Democrats when changing the SALT deduction and the electoral politics were by far the main consideration. Trump basically treated this group like a disfavored minority group to be singled out and oppressed because he knows they hate him and voted heavily against him.

Of course, it was pretty high on the list. Your post also suggests, you think, Trump wrote the bill/SALT or something. Electoral politics? Eh, no. Offset tax cuts + make "millionaires" move + good selling message (f**k rich Dems), yes.

Btw, $1+ mln earners probably don't even vote that much.

[Attorney General & PPT Dwarven Dragon]

FLOOR SCHEDULE UPDATE – VOTES POSSIBLE IN THE HOUSE TONIGHT
FLOOR UPDATE: NOV 4, 2021 - 6:08 PM
LEADER'S FLOOR UPDATE

The House is now in recess subject to the call of the Chair.

Members are advised that additional votes are possible tonight.  Members will be given at least one-hour's notice of when to return to the Floor for votes.

Members are further advised that the Rules Committee is expected to meet tonight to advance the Build Back Better Act.  The House may take additional votes tonight on the Senate Amendment to H.R. 3684 – Infrastructure Investment and Jobs Act and the Build Back Better Act.

[jaichind]

I'm pretty sure this was very low on the list of considerations for both Trump and the Democrats when changing the SALT deduction and the electoral politics were by far the main consideration. Trump basically treated this group like a disfavored minority group to be singled out and oppressed because he knows they hate him and voted heavily against him.

But doing this falls into Trump's trap of the great White vote swap: Metropole managerial class whites for Midwest blue-collar whites.  The 2017 tax change of the SALT cap was a move of genius as it creates a line mine for the Dems to touch and accelerate this swap. 

BTW, I do not agree with this Trump strategy. I continue to believe that the GOP can build a coalition centered around Whites of all types which is a superset of the Romney and Trump White votes.  But if that is the strategy then the SALT cap clearly helps on that strategy.

[Lief 🗽]

lmao
https://twitter.com/hjessy_/status/1456377016647921668?s=21

[Torie]

Is the public square utterly broken, or am I missing something? I was in law school with Thomas Jefferson, and really don't recall anything like this - by that I mean utter spin rather than substance.