Originally Posted by vegas1369
I think they are going to pass the tax bill somehow, for all the reasons you just described. TL;DR we should be so lucky that they dont.
I think they are going to pass the tax bill somehow, for all the reasons you just described. TL;DR we should be so lucky that they dont.
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
Tax bill is gonna pass.
why don't u guys try to figure this stuff out? politics is much easier when u can just play the race card immediately huh
https://twitter.com/twt/status/933674754187415552
Tax bill is gonna pass.
Flynn no longer sharing info with Trump lawyers
uh oh
big dick no longer reading yesterdays posts
UH OH
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
Been a very busy few days...I will catch up. Happy tg
El Gallo: Excusing his racism
FOUND SOMETHING FOR U
https://www.wonderbible.com/
So your defense is that Trump is just a senile idiot?
The fact remains that Trump was reading a post about what a massive racist he is, and then wanted to post MAKE AMERICA GREAT AGAIN as his reply.
Trump and Bannon's success has been based on reaching out to millions of people who were too dumb to grasp the Republican party's previously subtle racism.
So your defense is that Trump is just a senile idiot?
The fact remains that Trump was reading a post about what a massive racist he is, and then wanted to post MAKE AMERICA GREAT AGAIN as his reply.
No that's not a fact, it's a coincidence most likely. I don't remember him not tweeting MAKE AMERICA GREAT AGAIN on a holiday
the lack of definitive analysis of the tax plan is frankly astounding.
the only consistent theme about it is 'give corporations tax breaks and they will reinvest that money into worker salaries' but every single corporate rep anyone can find is telling anyone who will listen that any tax break generated funds are going to get immediately reinvested into the market, which is doubly hilarious considering exactly zero (0) working class americans benefit from those investments or the market itself.
beyond that everything is just musical chairs with various deductables being inflated / deflated like the Grand Ol Pedos are just playing a Times Square shell game with working class outrage, with a .1% tax break cherry on top because of course the only way to get Trump interested is to somehow offer him money.
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
Saying the GOP tax plan will cause businesses owners and corporations to reinvest money saved from tax cuts back into their businesses in the forms of higher salaries and more jobs as opposed to spending it in other areas, including on themselves, is wishful thinking at best and has never worked. It's amazing that people continue to fall for it. Actually, it's not amazing, it's just fucking sad.
re: analysis: i'd call this the IRS Dumb Down Tax act -- right now 70% of the returns filed are non-itemized short forms, the changes are expected to expand that percentage to over 90%...meaning there will be fewer workers needed to examine returns and computers can do a larger percentage by matching to W2, 1099's etc...indeed the government has decided to go dumb down after 15 years of understaffing IRS auditors and 8 years of preference for minority hiring and advancement policies under Obama...meanwhile, little is being done to address the "tax gap" caused by non-compliance arising mostly from self-employed business owners...it is estimated that 1 in 5 tax dollars are lost due to the gap
re: stock ownership: in 2013 80% of US stocks were owned by 10% of the public...while 35% of the public owned at least some when retirement funds are included in the ownership stats...
https://www.theglobalist.com/u-s-sto...owns-benefits/
Last edited by GrenadaRoger; 11-24-2017 at 10:06 AM.
(long before there was a PFA i had my Grenade & Crossbones avatar at DD)
re: stock ownership: in 2013 80% of US stocks were owned by 10% of the public...while 35% of the public owned at least some when retirement funds are included in the ownership stats...
https://www.theglobalist.com/u-s-sto...owns-benefits/
interesting! how much of trump's working class base benefit from a healthy market tho? i have no statistical evidence to back up what im about to say, so if im wrong mea culpa etc, but if i had to guess id say that the overwhelming majority of those public owned stocks & retirement funds are owned by people in coastal 'blue' enclaves with healthy tech sectors.
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
that is a hard one to figure...may be right because New York, Mass, Calif generally have more high income people...however, in major urban centers (New York City, Los Angeles, San Francisco) real estate is so damn expensive that home ownership represents a substantial percentage of wealth accumulated---most people in LA, SF are real estate rich and cash poor while in other parts of the country the reverse is true (a large percentage of wealth is held in financial investments)
interesting! how much of trump's working class base benefit from a healthy market tho? i have no statistical evidence to back up what im about to say, so if im wrong mea culpa etc, but if i had to guess id say that the overwhelming majority of those public owned stocks & retirement funds are owned by people in coastal 'blue' enclaves with healthy tech sectors.
(long before there was a PFA i had my Grenade & Crossbones avatar at DD)
For some strange reason we've been convinced that giving more to the rich, helps the poor.Saying the GOP tax plan will cause businesses owners and corporations to reinvest money saved from tax cuts back into their businesses in the forms of higher salaries and more jobs as opposed to spending it in other areas, including on themselves, is wishful thinking at best and has never worked. It's amazing that people continue to fall for it. Actually, it's not amazing, it's just fucking sad.
Does anyone actually buy this theory?... of course most will spend the extra money in a typically greedy manner, human nature and all.
Just have fox news say it a few times and it becomes a very easy sellSaying the GOP tax plan will cause businesses owners and corporations to reinvest money saved from tax cuts back into their businesses in the forms of higher salaries and more jobs as opposed to spending it in other areas, including on themselves, is wishful thinking at best and has never worked. It's amazing that people continue to fall for it. Actually, it's not amazing, it's just fucking sad.
From my personal perspective, and I say this as an employer who worked on the other side of the aisle the vast majority of my adult life and am inherently more generous with my staff than most... Cutting our taxes and improving our margins isn't going to trickle down to the employees, at least not in any sort of meaningful way. Will it allow for expansion and growth that will in turn lead to more jobs? Possibly, but that would mean a greater demand is created. Demand for goods and services isn't created by cutting taxes. All that happens is the rich get richer.
The only reason to cut taxes for businesses is to help them compete with other countries like China... But no matter how much taxes are cut, it won't change the fact that Chinese labor is a fraction of what American labor is, and that ain't changing anytime soon, if ever. We won't ever be able to compete with them. And if greater margins are created for businesses, well, to me all that means is rich people will be hoarding more cash in overseas bank accounts...
The only thing trickling down is the gizz...
wait have you been spelling jizz gizz ur whole life
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