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We the people have absolutely no say on this December 17, 2017

Posted by hslu in Congress, 美國, Democracy, Election, US Government, 民主.
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Just like when Democrats were in charge after Obama was in the WH, the Republicans own all four branches of the government.

Democrates’s Reid and Pelosi used their majority positions and fuzzy math to pass the Obamacare with no input from the Republicans or the people.

Now, McConnell and Ryan take a page from Democrats’ playbook and fuzzy math to push the tax reform through the Congress without consultation from the Democrats and the people.

Sound familiar? 

Yes.

And were the people informed on the deficits the bill will generate in the future?

Not just the next decade. 

I want to know what’s going to happen in the next 20, 30 or 50 years.

The US calls this democracy but it can’t even convince American people to trust the products coming out of the failed process.

公說公有理,婆說婆有理 December 3, 2017

Posted by hslu in Congress, 美國, Economics, Election, Taxes, Trump, US Government.
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This is the oroblem with economics: no one has any clue as to what’s going to happen in ten years with the new tax reform bill.

Democrats say: $500 billion, $1 trillion or $1.5 trillion deficit added to the national debt in 10 years with the rob-the-poor-and-soak-the-rich tax plan.

Republicans say: revenue neutral, beyond revenue neutral or 3+% annual GDP growth from the historical and boldest re-write of the tax code ever.

The schmos: Is there anything we can do?

Trump: Four more years! Four more years!

National Debt:

@ 2017/12/03, 20:10:28

Not quite, Trump November 29, 2017

Posted by hslu in Culture, 美國, 川普.
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The eyes of the world now turn to Matt Lauer.

Not tax reform.

Both are lying about the ‘friends’ part October 16, 2017

Posted by hslu in Congress, 美國, Politics, Trump, US Government, 川普.
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As for passing the tax reform bill before the end of the year, we’ll see about that in about 75 days.

Source: CNBC

名嘴和美國政治 October 15, 2017

Posted by hslu in Congress, 美國, Democracy, Election, Globlization, Islam, Liberal Media, Middle East, Muslim, Politics, Racial Bias, Russia, Taxes, Trump, U.S. Foreign Policy, US Government, 川普.
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臺灣的政治,社會的輿論,人民的想法和朝代(中央和地方)的變遷被電視上的名嘴操縱,掌控。這些人爲他們的政治理念在電視臺的節目中大放厥詞,打擊政府,攻擊個人,企圖左右地方和中央選舉的結果。無知的百姓很容易被這些人影響,而政府的政策就被這些人綁架了。

美國一樣也有名嘴:無線電臺保守派政治論壇節目主持人(在過去,自由派的政治論壇節目幾乎沒辦法生存),電視臺新聞節目主持人,週末和夜晚新聞節目的主持人和網路上保守派,激進派和自由派的護衛者。

Steve Bannon (班農) 就是一個典型的例子。

他說話頭頭是道,口無遮攔,極會罵人。他對美國在世界上的霸權有無比堅定的信念。他堅絕反對貿易全球化,反伊朗,反蘇俄,反北韓,反中國,反歐盟,反美國的盟友用美國錢。他主張在邊界築圍牆把中南美洲的違法移民擋在牆外。他反對有些穆斯林國家的阿拉伯人來美國,厭惡共和黨中反對川普的參議員和眾議員,反對現有的共和黨體系,也強烈的反民主黨的政治立場。

他在川普的小圈圈裏位高權重,深得川普長久的信任。可是在川普進白宮以後,他跟川普的女兒,女婿和其他顧問,部長不和,最後不得以被川普解僱。可是他在無官一身輕的情況之下,威脅共和黨參,眾議員,打擊在明年美期中要競選連任的議員。

其實,他威脅現任參議院首領 McMconnell,和即將退休的參議員 Corker 的真正目的,是恐嚇其他共和黨參議員,要他們三緘其口,不可以公開批評或反對川普,要這些人爲共和黨和川普推行的稅改政策投下贊成的一票。

現在,共和黨的52個參議員中只有三,四個參議員敢對川普和共和黨的稅改提案有任何異議。他們也極有可能會投反對票。除了 Corker 和生癌症的 McCain  以外,川普還需要擔心緬因州的 Collins 和阿拉斯加的 Murkowski 參議員很可能會反對共和黨和稅改政策。

川普知道這個道理。班農當然也知道這個道理。所以,班農的責任就是儘量打擊 McConnell 和 Corker,殺一儆百,告訴其他的共和黨參議員,你們最好乖乖的通過共和黨提出來的稅改政策,不然下一個目標就是反對稅改政策的共和黨參議員了。

共和黨在美國的眾議院有壓倒的多數,許多眾議員也不敢公開反對川普,因為川普的鐵票可能高達 30%,甚至 35% 的選民。如果眾議員公開反對川普,那他們競選得連任的機會就不大了。

這是美國民主政治黑暗的一面。許多中國人,尤其是年輕的中國人,包括臺灣的年輕人在內,以為美國的民主政治是世界上至高無上,最純潔,最公平的治國標準。沒人一票多麼神聖阿! 他們那裏知道美國的民主政治實際上早就被有錢人和有特殊要求的團體綁架了。

Medicare is under the knife. Again! October 5, 2017

Posted by hslu in Congress, Debt and deficit, Democracy, Obamacare, Politics, Taxes, Trump.
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Reid, Pelosi and Obama took $716 billion from Medicare in 2012 to pay for Obamacare. AARP did very little to prevent it becoming the law of the land. Now, the program is blowing up in the market place and is adding trillions to the national debt.

This time around, it’s Republican’s turn to make a deep cut, about $500 billions, to the Medicare budgets because the Republican controls all three branches of the American government. 

Source: Vox

Source: Flipboard

In addition to Medicare, Medicaid is on the chopping blocks too. Budgets for Medicaid will be cut by roughly $1 trillion. 

Source: Flipboard

To get money to pay for Republican’s tax cut, it means that something else from the federal government’s budget has to be slashed to make the tax cut legislature revenue neutral. Budgets for Medicare and Medicaid are just two of the tens, if not hundreds, of federal programs to be cut by the Republican’s tax reform.

Well, more details of the tax reform plan will come out in the next few weeks. No matter what kind of bill the House ends up with, it is a done deal because Democrat is totally out-numbered and out-maneuvered. Democrat in the Senate is hopeless to prevent this from becoming law in the Senate but several Republican senators may be able to make the damage to Medicare budget as little as possible.

We’ll just have to wait to see what happens next in the Congress. Not much we the tax payers can do now because it’s democracy.

Let the fight begin September 28, 2017

Posted by hslu in Congress, 美國, Economics, Taxes, Trump.
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The fight is on tax reform proposed by the Republicans and endorsed by Trump.

The new proposal calls for roughly doubling of the standard deduction which in essence eliminates many tax payers’ incentive to itemize (schedule A). Deductions on medical expenses including health insurance payment, lab, test and doctor fees, medicines and other costs, probably will be gone. 

Mortgage interest deduction will be gone too for some tax payers because their itemized deductions will be lower than the standard deductions. As such, even the new plan calls for retention of mortgage interest deductions, this deduction is basically eliminated for most tax payers.

Well, none of this new rules on deductions will affect me but I’ll be happy to take the doubling of the standard exemption starting with the 2017 tax return.

However, I don’t think Republican’s tax reform proposal will be revenue neutral. Where will the new revenue come ftom to offset the tax cuts for higher income and the super-rich tax payers? Don’t forget the corporate income tax will be cut by roughly 42%, from ~35% to 20%? On top of that, the death tax will be eliminate too.

I know that Republican will rely on a bigger pie to collection more taxes because tax reform, Republican will argue, will grow the economy which will provide a bigger tax base to collect federal tax from.

Conservatives are seriously f%&¥#* by Trump September 13, 2017

Posted by hslu in Congress, 美國, Democracy, Economics, Election, Health Insurance, Military, Obamacare, Politics, Trump, US Government.
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Trump pushed Mitch and Paul under the Chuck-Nancy bus and, with a sneer on his face, folded his arms and declared that he was the boss whether they liked it or not.

All the sudden, thanks to Trump’s betrayal, Republicans was royally f%&¥#* from behind, couldn’t utter a word of rejection and lost all chips on the table to deal with the Democrats.

Trump ran as a Republican not because he was one but because it was convenient for him. He couldn’t run as a Democrat against Hillary because she was favored to win the election before the electiin got started. Don’t forget Trump gave Schumer a lot of money over the years too.
As for tax reform, Democrats will push for no tax breaks for the top 10% and any tax cut has to be revenue neutral. Corporate tax reform (e.g., decrease corporate tax rate to 15% level) will face an uphill battle too because the current personal tax rate is higher than the proposed corporate tax rate. If the new corporate tax rate is indeed lower after the reform, people will form corporates and report their incomes as a corporate instead of a person.

Besides, revenue neutral under any scenario is almost impossible considering all the welfare obligations of the federal government. On top of that, defense spending increae sought by Trump and Republicans, Trump’s beautiful wall, hurricane relief fundings and more troops to Afghanistan are hot items on Democrat’s rejection list. The fact that Republican can’t get 60 votes on Senate for any subject spells trouble for Republican’s effort before it begins.

No tax reform legislature this year. Repeal and replace Obamacare is almost dead after seven years. If the Republican can get tax reform early next year, look for a new speaker in the house and a new majority leader in the Senate after 2018 mid term election.

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