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Serious Inquiries Only

SIO94: Do We Really Need A Tax Cut?

Serious Inquiries Only

Thomas Smith

News, Atheism, Skepticism, Democrat, Left, Liberal, Politics, News Commentary, Progressive, Religion

4.61K Ratings

🗓️ 16 November 2017

⏱️ 64 minutes

🧾️ Download transcript

Summary

A House vote on the new Republican Tax Bill is happening as early as today, so I reluctantly have decided to take a peek into Paul Ryan's deepest fantasies. I cover some of the low-lights, and then talk about putting the Bill and income inequality into historical context. Do we really need a tax cut right now? Paul Ryan Explains Himself; Biggest Tax Cut Ever?; 538 on House Reps Who Could Cause Trouble; Blue States Hit Harder; NYT Breakdown of House Bill; Dem Medium Post on the Bill; Grad School Students Are Screwed; Bartlett Adapted Testimony on Trickle Down; Republicans May Cut Entitlements; Why Aren't Hands Up?; Income Inequality Factsheet; Historic Tax Rates; NYT Opinion on Paradise Papers Leave Thomas a voicemail! (916) 750-4746, remember short and to the point! Support us on Patreon at: patreon.com/seriouspod Follow us on Twitter: @seriouspod Facebook: https://www.facebook.com/seriouspod For comments, email [email protected]

Transcript

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0:00.0

You're listening to serious inquiries only. Oh, Hello and welcome to Serious Inquiries only. This is episode 94. I'm your host Thomas Smith. Well I didn't put this and bill that's going through there's well there's two there's one in the house

0:43.2

there's one developing in the Senate but the house bill the tax reform bill is going

0:49.3

to be voted on as early as as you're hearing this it It could be Thursday, could be later, but they suspect it might get a vote as early as Thursday.

0:57.6

So I think it's really important to talk about it, talk about what's going on.

1:01.2

I also want to take a look at the question of do we even

1:04.9

need a tax bill? Do we need a tax cut? And if so, who needs a tax cut? I've done some

1:11.8

research on some of the historical context around that

1:15.0

and I think it'll be interesting to take a look at

1:17.5

and ask the question, you know, what is the big problem right now

1:21.7

in terms of taxes? What is the big problem right now in terms of taxes what is the big problem in terms of

1:24.8

income inequality what do those claims look like what does the context look like and

1:29.0

I think it's I think it's going to reveal quite a bit about this tax bill.

1:33.2

So that's what I plan to do.

1:34.6

Gonna look at the bill,

1:35.3

gonna look at a few of the highlights,

1:36.6

there's a lot in it,

1:37.4

not obviously not gonna just read the whole thing,

1:39.3

but there's some highlights, some low lights,

1:42.1

and a bit of the historical context we find ourselves in.

1:45.7

So that's my plan.

1:46.5

Let's get to it. Right, so why do we need a tax cut? Why do Republicans want a tax cut?

1:59.4

Well, I thought we'd take it from the horse's mouth. That horse being Paul Ryan. He for now anyway

...

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