https://www.politico.com/news/2025/03/12/gop-considers-writing-off-tax-cuts-00227219It’s the accounting maneuver that could break the Senate, upend the federal budget process and explode the national debt.That’s according to critics of a fiscal tactic that congressional Republicans are now seriously considering as they struggle to figure out how to deliver on all of President Donald Trump’s policy demands.Adopting the “current policy baseline,” as it’s called, could be the only way for the GOP to make Trump’s 2017 tax cuts permanent and avoid painful cuts to federal programs, as well as pile on new income tax exemptions for tips, overtime and Social Security. Trump is expected to discuss the move with members of the tax-writing Senate Finance Committee at a White House meeting Thursday.If lawmakers adopt the change, it would essentially make it appear as though extending current tax rates, set to expire at the end of the year, would cost nothing rather than the roughly $4 trillion over 10 years that nonpartisan scorekeepers estimate.
But while some Republicans argue that continuing current tax rates shouldn’t be counted toward the deficit, critics of the maneuver — including prominent GOP budget experts — say that it would be a recipe for disaster, a fiscal Pandora’s box that once opened could be used to forever excuse huge ongoing deficits.“I would caution my friends, my Republican friends and senators up there, be careful about this,” said Bill Hoagland, the former GOP staff director for the Senate Budget Committee. “Someday you may be in the minority.”The tactic is so tempting because it would solve a very difficult political problem for Republicans. Budget hawks in the House who do not want the party-line domestic policy bill adding to federal deficits want to ensure that planned tax cuts are closely tied to the amount of spending cuts Republicans can achieve.Even then, the $4.5 trillion upper limit the House put on tax cuts does not leave enough room for a permanent extension of expiring tax cuts, in addition to all the other tax-related asks Trump has made.For instance, adding on Trump’s other tax-related asks, such as income tax exemptions for overtime, tips and Social Security benefits, could add up to another $5 trillion, according to the nonpartisan Committee for a Responsible Federal Budget.Critics say members of either party could use the maneuver to disguise trillions of spending through tax policies. Democrats argue that if Republicans move forward, they would be doing away with decades of precedent — and reneging on decades of anti-deficit rhetoric — to enact tax cuts for the wealthy.
>>1391616Where would they even get the money for this from? Print it and fuck over the US dollars value? Go even further into debt while we're burning bridges with our allies?No taxes seems really nice until all of a sudden you have no public services either, and everything costs 50% more because Trump for some reason thought the tariffs would outweigh tax even though that's literally impossible under current and near-future manufacturing.
>>1391616The tried and true republican strategy. If you don't measure it, it doesn't exist.
I learned that taxes are bad from Democrats who don't want additional taxes on foreign goods.
>>1391631Regressive taxes are bad. Taxing the shit out of people that can afford it is good actually. We need to go back to a 91% top tax rate for the wealthiest Americans. That shit's what got our highways, bridges, and dams built.
>>1391632is that why democrat phill murphy of nj is taxing bowling and laser tag?>>1391631dems like to tax Americans, not multinational corporation or foreigners
>>1391616tax cuts don't cost anything. that's like saying not robbing a bank costs money
>>1391634It used to be a neocon Reagan-era thing to say tax cuts don't cost any money. Trump pretends to not be a neocon.
>>1391633>He still thinks tariffs are a tax on foreignersMan, that's weird how my taxes lowered but the price of buying things increased so much I actually have to lose more of my paycheck each month than before.
Democrats are so fucking retarded. Tex cuts do not "cost" anything. It's not their money, it belongs to the tax payers
>>1391648Anon you know tax money is spent by the government for public resources right? Either we lose those resources because of this, or they have to be funded through some other way.It's not like they'd be willing to cut their own salaries to do this. For fucks sake, did you miss the part where the founding fathers said the "without representation" part after "No taxation"?
>>1391649>It's not like they'd be willing to cut their own salaries to do this.Ohhh noooooo, not the poor heckin government salarinos! How will they manage to stay wealthy with only their insider trading portfolios to support them?
>>1391650Not only are they not going to give up their own salaries to do this, because then it'd be too obvious they've all been insider trading, but I'm pretty sure even if they did it wouldn't pay for this.
>>1391652>Not only are they not going to give up their own salaries to do thisLast I checked they're public "servants". We'll simply make them.
>>1391655Oh I wish we could lol.
>>1391661We can anon. They have names and addresses just like everyone else.
>>1391616Cooking the books has bipartisan support.If you try to claim Biden wasnt lying about the numbers too I'll spit in your face.
>>1391678>le both sides
Will tRump bankrupt America in 4 short years?
>>1391655>We'll>>1391661>we>>1391662>Welel
>>1391652Who is insider trading? WTF are you talking about?
>>1391735He's talking about politicians who have advanced/insider knowledge of planned or potential future legislation who trade stocks using that knowledge.Nancy pelosi is one of the more prolific ones, she's had bouts of making large purchases of Nvidia prior to releasing legislation that would impact their stock prices
>>1391737Yes but that's like 5 government employees out of 4 million. Is there some massive insider trading problem I'm not aware of?
>>1391740Every person in congress benefits from this knowledge.
>>1391741Not every person in Congress owns stock or other securities.
>>1391741But only the left, like Nancy Pelosi, took advantage of it. Really makes you think
>>1391747your handlers think for you, shill
>>1391747This is incorrect and the poster knows it's incorrect.
>>1391649Tax cuts don't cost anyone. They should be accompanied by spending cuts. Taxes are already way too high. Income and property tax are two of the most regressive taxes in existence. Tranny shit is not funding public resources
>>1391747>someone think of all the poor, honest GOP congresscritters!Its hard to think about something that doesn't exist. Just because Republicunts are fine with their reps committing crimes doesn't mean they aren't crimes.
>>1391754Where do you people get this shit from?
>>1391744Only most of them
>>1391766its only a crime if it gets prosecuted, Democrats are literally committing arson right now on tesla cars and its fine because no one's arresting them.
>>1391835>no one's arresting themFunny way of saying they haven't been caught yet.
>>1391836jan 6 is now objectively not a crime now that they've all been pardonned. so yeah its not a crime if no one's willing to prosecute them.
>>1391836funnier way of saying those imaginary crimes don't exist
>>1391835This is true
>>1391840Find a single source saying so
>>1391655>We'll simply make themhow do you propose that? a strongly-worded letter?
>>1391870A source claiming "Democrats are literally committing arson right now on tesla cars and its fine because no one's arresting them."? Are you serious?https://apnews.com/article/tesla-dealership-shooting-oregon-elon-musk-782907d226f22d5dc583d3abeefd34e2Here's two shootings and multiple firebombings
>>1391616How is it a tax cut if it's just continuing the current tax plan?
>>1391637they literally don't cost anything, how does not robbing someone cost anything? >>1391646not everything is inelastic. the issue with putting tax on oil like brandon did was everyone needs oil to go to work and to ship goods. you don't need to buy fucking avocados so the growers will eats some or all the tariff to try to maintain sales
>>1391649>Anon you know tax money is spent by the government for public resources right?its literally not. it goes to some politician's donor's pocket to buy drugs and child prostitutes
the shill is projecting again
>>1391936we already confirmed all the democrat posters are paid shills out of a call center in calcutta
>>1391963who is "we"?
>>1391922Doesn't say anything about democrats
>>1391875It's telling how the poster you're replying to uses "We'll" to refer to DOGE. They've self-inserted themselves into the DOGE team with Bigballs the Broccoli head.
