Discussion Topic |
|
This thread has been locked |
Gary
Social climber
Desolation Basin, Calif.
|
|
|
Jan 24, 2018 - 07:32am PT
|
Sounds like Trump's tax cuts are a home run.
"Deficits don't matter."
|
|
10b4me
Mountain climber
Retired
|
|
|
Jan 24, 2018 - 07:37am PT
|
Sounds like Trump's tax cuts are a home run.
and some thought Nero was good for the Roman Empire.
|
|
Craig Fry
Trad climber
So Cal.
|
|
|
Jan 24, 2018 - 08:11am PT
|
Sounds like Trump Tax's cuts made Paul Ryan a rich man
He's the Koch Brother puppet in charge of keeping the masters happy
Paul Ryan Collected $500,000 In Koch Contributions Days After House Passed Tax Law
That’s peanuts compared with what the Koch brothers will save.
https://www.huffingtonpost.com/entry/koch-paysout-to-ryan-after-taxlaw_us_5a63ce41e4b0dc592a09697c
Just days after the House passed its version of the federal tax law slashing corporate tax rates, House Speaker Paul Ryan collected nearly $500,000 in campaign contributions from billionaire energy mogul Charles Koch and his wife, according to a recent campaign donor report.
Koch and his brother David spent millions of dollars to get the tax law passed and are spending millions more in a public relations campaign in an attempt to boost support for the law, The Wall Street Journal reported.
Koch Industries, one of the largest private corporations in the nation, operates refineries and manufactures a variety of products. The new tax law — which slices corporate tax rates from 35 percent to 21 percent, slashes estate taxes and includes a special deduction for oil and gas investors — is expected to save the Koch brothers and their businesses billions of dollars in taxes.
Just 13 days after the tax law was passed, Charles Koch and his wife, Elizabeth, donated nearly $500,000 to Ryan’s joint fundraising committee, according to a campaign finance report filed Thursday.
Five other donors, including billionaire businessmen Jeffery Hildebrand and William Parfet, each contributed $100,000 in the last quarter of 2017, according to the records.
man these Republicans are idiots, they vote for this sh#t and are happy about it
they vote to rob their own pockets and health so the rich can have more
mind boggling
We could have had Medicare for all if it wasn't for the Republican rule, they are killing us with their greed
|
|
August West
Trad climber
Where the wind blows strange
|
|
|
Jan 24, 2018 - 10:19am PT
|
I don't care if some billionaire gets millions in tax breaks. I am going to save about $3500 in taxes this year.
What about the hundreds of thousands of employees getting $1k bonuses because of this? What about the infusion of foreign money coming into our economy instead of the constant flow out?
You guys are something else.
But one thing is true: These days there’s a lot of cross-border investment. In particular, as Steven M. Rosenthal of the Tax Policy Center notes — in a paper I found revelatory — around 35 percent of U.S. equities are now owned by foreigners, triple the level during the Reagan years.
What this means is that around 35 percent of a tax cut from an administration that proudly uses the slogan “America first” — $700 billion over the next decade — wouldn’t even go to Americans. Instead, it would be a windfall to wealthy foreigners, who would probably gain a lot more from the tax cut than U.S. workers. Oh, and it makes all that talk about allies not paying their “fair share” sound kind of silly, doesn’t it?
https://www.nytimes.com/2017/10/26/opinion/trump-taxes-wealthy-foreigners.html
So you get a $3500 savings that expires in a few years. But those cuts for the billionaires don't expire.
And of course, it won't matter if the tax cut, that mostly goes to the wealthy increases the debt by a trillion dollars or so. Nobody ever has to pay that money off, right? The republicans would never use the debt as an excuse to slash social security or medicare, or slash funding for social program or slash funding for national parks, or slash...
Hey, the R's threw the working stiffs a bone that they can chew on for a year or two. They should be thankful.
|
|
monolith
climber
state of being
|
|
|
Jan 24, 2018 - 10:49am PT
|
I wouldn't put much confidence in Jody's ability to make a fair tax comparison.
|
|
Ken M
Mountain climber
Los Angeles, Ca
|
|
|
Jan 24, 2018 - 03:44pm PT
|
I don't care if some billionaire gets millions in tax breaks. I am going to save about $3500 in taxes this year.
What about the hundreds of thousands of employees getting $1k bonuses because of this? What about the infusion of foreign money coming into our economy instead of the constant flow out?
Except that your $3500 comes from where? It comes from the gov't borrowing money to pay it. your team is dedicated to borrow and spend, exploding the deficit, then complaining that dems can't spend any money on infrastructure because they made your taxes too high.
|
|
Norton
climber
The Wastelands
|
|
|
Jan 24, 2018 - 05:13pm PT
|
Trump’s approval plummets in Michigan, key swing state
Voters in the key swing state that Trump unexpectedly won in 2016 now overwhelmingly disapprove of his performance after his first year in office, according to a new poll.
Trump's approval rating in the Great Lake States has dropped to 39.5 percent while his disapproval rating has risen to 54 percent. Women in Michigan voiced the loudest opposition, with 66 percent saying they "strongly" disapprove of Trump and 39 percent giving his first year in office an "F" grade.
"His approval ratings are terrible, it's that simple," Rich Czuba, who completed the study and founded the Glengariff Group, told The Detroit News. "We are the bellwether state at this point. Michigan is going to reflect what is occurring nationally."
|
|
Norton
climber
The Wastelands
|
|
|
Jan 24, 2018 - 05:18pm PT
|
LOL! Seriously!? You are so wrong. That money comes from MY hard-earned money that they will no longer be taking from me. Why is cutting spending so hard for you libs to understand? If they didn't spend so much, they wouldn't have to take so much. No, that is MY money that I am keeping more of.
Jody, Jody, Jody
you are embarrassing yourself again
try to follow this simple concept - when taxes are cut that same money does not come into the Federal revenue stream anymore
that missing money results in both the Deficit and National Debt growing larger
the non partisan CBO has stated that the loss of tax revenue will add 1.5 trillion dollars to the national debt
really Jody, stick to commenting only about retired police leasure activities, you are way out of your league on anything requiring fact (truth)
|
|
Contractor
Boulder climber
CA
|
|
|
Jan 24, 2018 - 05:31pm PT
|
Jody-So what, I'll just fight harder to make my tax cut permanent. I am not jealous of what someone else gets, I'll just work harder to get what they have. Jody, Trump will never give someone of your means a permanent tax cut- he needs you to pay for his tax cut.
I estimate, combined with your pension, you'll need to install approximately 127,000 cat doors a year to qualify for Trumps permanent, corporate tax cuts.
|
|
John M
climber
|
|
|
Jan 24, 2018 - 05:38pm PT
|
Jody wrote,
Why is cutting spending so hard for you libs to understand?
A tax cut is not cutting spending. Why is that so hard to understand? Cut the military 40% and you might be on to something. Until spending is actually decreased, then the tax cut is just increasing the national debt and putting your friends and family further into debt.
|
|
Bruce Morris
Trad climber
Soulsbyville, California
|
|
|
Jan 24, 2018 - 05:48pm PT
|
I am going to save about $3500 in taxes this year.
What about the hundreds of thousands of employees getting $1k bonuses because of this?
That's chump change. Now, a $10K bonus every quarter, that makes sense.
|
|
Fritz
Social climber
Choss Creek, ID
|
|
|
Jan 24, 2018 - 08:37pm PT
|
Ah Jody! You are so happy with your $3,500 tax cut, which is likely a big exaggeration.
Per your latest defensive whining:
Why is me keeping more of MY money so wrong? You folks really do need to get a clue. The simple solution is cutting spending. You folks say I am clueless in this when it is you folks who are in lala land.
Give me a tax cut...cut spending. Very simple. Sorry you libs can't grasp that concept.
It sounds like you have a guilty conscience about your Republicans fuking America, so the rich & corporations will keep donating to the Republican party with their extra-wealth, thanks to the Republican tax-cut, while our national deficit goes up more & the poor get fuked some more.
And yes! Your tax-cut does go away in 2025, but corporations and the very rich, keep their tax cuts.
Enjoy, while the America I love suffers, thanks to those tax-cuts.
|
|
rottingjohnny
Sport climber
Sands Motel , Las Vegas
|
|
|
Jan 24, 2018 - 08:52pm PT
|
Jody...Nothing wrong with that at all but keep your eye on the money Trump launders without paying taxes..
|
|
John M
climber
|
|
|
Jan 24, 2018 - 08:52pm PT
|
Not if they cut spending. Sheesh you libs love to spend.
Its your party that is in control. Why haven't they cut spending?
[Click to View YouTube Video]
Let me know when they are ready to cut the military.
|
|
Reilly
Mountain climber
The Other Monrovia- CA
|
|
|
Jan 24, 2018 - 10:56pm PT
|
Let me know when any party machina is ready to cut the military.
The “any party” clause is key. Dems are too chicken sh!t to vote agin the Pentagon,
especially if it will cost jobs in their district or state. We know why Repubs won’t.
It takes two to tango.
|
|
Bruce Morris
Trad climber
Soulsbyville, California
|
|
|
Jan 25, 2018 - 12:01am PT
|
Face it: the American economy has been dependent on defense spending to maintain employment since the Japanese bombed Pearl Harbor on Dec. 7th, 1941. Nobody's gonna vote to cut military spending because that means going back to the Great Depression. I've worked in a defense plant on top-secret microwave antennas to confuse enemy radar. That's where the good times roll and the benefits are ladled out. Working conditions are pure socialism without any glance at the profit motive. No hassles at all, like in a place where you have to make a profit. No tension. Everyone cooperates. Cutting back military spending just ain't gonna happen anytime soon. And now we have North Korea to worry about too. Personally, I'd like to see people studying more useless things like Etruscan pottery shards and Abstract Expressionist art. That's where I want to money to go. The pursuit of the useless. Better than paying for some dumb f_ck prison guard.
|
|
Ken M
Mountain climber
Los Angeles, Ca
|
|
|
Jan 25, 2018 - 01:39am PT
|
I never said it was. How could you have gotten that idea? Take a breath and try to comprehend here. I said cut taxes and cut spending to "pay for it".
But I've seen no significant cuts. I don't think you actually support cuts, but only support the gov't borrowing to pay you more money. You are interested in GETTING America, without PAYING for America.
I think the budget deficit will be there this year and next, and the debt will continue to increase. It has only gone down in our lifetimes under a democrat.
|
|
Gary
Social climber
Desolation Basin, Calif.
|
|
|
Jan 25, 2018 - 07:04am PT
|
Ken, everybody wants government services, they just don't want to pay for them.
|
|
Pennsylenvy
Gym climber
A dingy corner in your refrigerator
|
|
|
Jan 25, 2018 - 07:46am PT
|
Jody,
not so sure about the YOUR freeking money idea: your money is under one of the shells on the table in front of you. The government is the one whom put the money there. It's NOT your money so much as you think. They(1%) pull the strings on the economy. How would you do in another depression when the gub takes away your pension? We are pawns,owned by the 1%. JMO
To the many of the I have mine folks..... it's not inconceivable that they are not coming for it, and it's NOT going to be through higher taxes; It's going to be through predatory economics made possible thru associated predatory deregulation. They're coming for your money too.
|
|
Craig Fry
Trad climber
So Cal.
|
|
|
Jan 25, 2018 - 08:04am PT
|
The difference between a liberal and a conservative is that liberals want to live in "We" society, the conservatives only care about a "me" society
There is no room for a "we" society if the Government can't fund it because of the tax cuts
|
|
|
SuperTopo on the Web
|
Let us know!