; Republicans rushing to fleece the country, to give more cash to the top 0.1% - Page 23

Page 23 of 25 FirstFirst ... 132122232425 LastLast
Results 331 to 345 of 369
  1. #1

    Default Republicans rushing to fleece the country, to give more cash to the top 0.1%

    Joint Committee on Taxation just finished analyzing the tax bill, and says that even if Republicans' claims regarding the economic growth it will spur prove to be true, the bill will still add $1 Trillion to the national debt. Tax cuts for the rich and corporations that are making more money than ever, will cost all of us $1 Trillion. And you cons like to cry about "redistribution of wealth".

    https://www.nytimes.com/2017/11/30/u...T.nav=top-news

    Republicans are so anxious to pay off their rich donors, that they'll drive the country into debt by another $1 Trillion, just so the richest wall streeters and Paris Hilton, and Ivanka Trump can be more wealthy and pay less taxes. And the burden of all this - on middle class America.

    What a con job, and you Trump voters ate it all up!

  2. Sponsored Links


  3. #331
    Join Date
    Dec 2010
    Location
    Atlanta, GA
    Posts
    17,874
    Rep Power
    13

    Default

    Quote Originally Posted by JayJay View Post
    You ran businesses, you said. Tell me...when would you hire new people? What conditions had to be fulfilled?
    It's pretty simple. You hire more when the market demand for your products and services outstrips the ability of you current workforce to supply it. Cash on hand is pretty irrelevant to this determination.
    Last edited by southernmoderate; December 6th, 2017 at 11:28 am.

  4. Sponsored Links


  5. #332
    Join Date
    Aug 2011
    Location
    The State of Independence
    Posts
    18,410
    Blog Entries
    4
    Rep Power
    16

    Default

    Quote Originally Posted by MarkyS View Post
    Middle class Americans with tax cuts will have more money to spend. The standard deduction boost ALONE is going to create demand like we have seen in decades.



    M
    At the same time the standard deduction is being doubled, the personal exemption is being taken away. Additionally, many itemized deductions are being taken away.

    Those eliminations combined for many middle class folks makes the doubles standard deduction a LESSER AMOUNT than what they used to be able to deduct.

    Resulting in HIGHER TAXES for those middle class folks.

    There are a LOT of middle class folks that fall into this category.
    • The unexamined life is not worth living.
    • Wisdom is knowing how little we know.
    • The arguments stay the same...only the sides making those arguments change.


  6. Sponsored Links


  7. #333
    Join Date
    Aug 2011
    Location
    The State of Independence
    Posts
    18,410
    Blog Entries
    4
    Rep Power
    16

    Default

    Quote Originally Posted by MarkyS View Post
    I've run several businesses so yeah, I know how business works and how jobs are created, having created them.


    You just take it on faith that it will be a disaster, because it's "your side" saying it will.


    This is a tax plan that is largely designed by a businessmen for businessmen with the intent on growing the economy. And that is what it will do.



    M
    Iím taking nothing on faith.

    Iím listening to what CEOs SAID THEY WOULD DO with the largesse.

    Money in businessí hands DO NOT, BY THEMSELVES, create growth and jobs.

    You ran businesses, you said. Tell me...when would you hire new people? What conditions had to be fulfilled?
    • The unexamined life is not worth living.
    • Wisdom is knowing how little we know.
    • The arguments stay the same...only the sides making those arguments change.


  8. Sponsored Links


  9. #334
    Join Date
    Aug 2011
    Location
    The State of Independence
    Posts
    18,410
    Blog Entries
    4
    Rep Power
    16

    Default

    Quote Originally Posted by MarkyS View Post
    I've run several businesses so yeah, I know how business works and how jobs are created, having created them.


    You just take it on faith that it will be a disaster, because it's "your side" saying it will.


    This is a tax plan that is largely designed by a businessmen for businessmen with the intent on growing the economy. And that is what it will do.



    M
    Iím taking nothing on faith.

    Iím listening to what CEOs SAID THEY WOULD DO with the largesse, couple with my understanding that there are so many ways to get a return on money without stimulating the economy ONE IOTA.

    Money in businessí hands DO NOT, BY THEMSELVES, create growth and jobs.

    You ran businesses, you said. Tell me...when would you hire new people? What conditions had to be fulfilled?
    • The unexamined life is not worth living.
    • Wisdom is knowing how little we know.
    • The arguments stay the same...only the sides making those arguments change.


  10. Sponsored Links


  11. #335
    Join Date
    Aug 2011
    Location
    The State of Independence
    Posts
    18,410
    Blog Entries
    4
    Rep Power
    16

    Default

    Quote Originally Posted by southernmoderate View Post
    It's pretty simple. You hire more when the market demand for your products and services outstrips the ability of you current workforce to supply it. Cash on hand is pretty irrelevant to this determination.
    Not according to MarkyS.

    Apparently, with his businesses, as soon as he had cash on hand, he hired people.

    Such a stand-up guy.
    • The unexamined life is not worth living.
    • Wisdom is knowing how little we know.
    • The arguments stay the same...only the sides making those arguments change.


  12. Sponsored Links


  13. #336
    Join Date
    Dec 2010
    Location
    Atlanta, GA
    Posts
    17,874
    Rep Power
    13

    Default

    Quote Originally Posted by JayJay View Post
    Not according to MarkyS.

    Apparently, with his businesses, as soon as he had cash on hand, he hired people.

    Such a stand-up guy.
    Yep, which means either he's likely either lying about actually understanding/running a business or his businesses failed because he was a terrible manager of them.

  14. Sponsored Links


  15. #337
    Join Date
    Jul 2010
    Location
    SoCal
    Posts
    14,230
    Blog Entries
    1
    Rep Power
    11

    Default

    Quote Originally Posted by JayJay View Post
    I find it extremely funny that for every other program, cuts are seen as a good thing because ďtheyíre bureaucratic and inefficient and wastefulĒ.

    But talk about cutting the military and suddenly itís ďThey need every penny! Itíll DEVASTATE OUR DEFENSES IF WE CUT MILITARY FUNDING!Ē
    This is going to offend some people; I don't like doing that; it's just the nature of the dynamics.

    That of which you complain is the product of the right's habit of making religion of themselves and their sentiments. It is they who are the patriots ... the defenders of Christmas, the moral high ground, the flag and the Constitution.

    And don't you dare suggest that the genius who was Thomas Jefferson was also a slave-owning hypocrite who forced sexual favors from black women.
    Trump's "Personal Vietnam", he boasted about dodging STDs while many of his peers fell wounded, and dead, on foreign soil. What a guy; humble too. - BC

  16. Sponsored Links


  17. #338

    Default

    Ahhhhhhhh the left wing talking points are out in force today.

  18. Sponsored Links


  19. #339
    Join Date
    Aug 2011
    Location
    The State of Independence
    Posts
    18,410
    Blog Entries
    4
    Rep Power
    16

    Default

    Quote Originally Posted by Gooddad409 View Post
    Ahhhhhhhh the left wing talking points are out in force today.
    AD1BA5C7-58DB-4146-A07A-FB7953DF991C.jpg
    • The unexamined life is not worth living.
    • Wisdom is knowing how little we know.
    • The arguments stay the same...only the sides making those arguments change.


  20. Sponsored Links


  21. Likes bullseyelqcs liked this post
  22. #340

    Default

    Quote Originally Posted by JayJay View Post
    Ok.

  23. Sponsored Links


  24. #341
    Join Date
    Apr 2012
    Location
    San Diego
    Posts
    3,576
    Rep Power
    6

    Default

    Quote Originally Posted by wiley8425 View Post
    What's to discuss? As with most of the legislation these days, this bill was written mostly by Lobbyists. Best government money can buy.
    Based on your response, we should not be paying for administrative personel for our congress critters. It's part of their job to write these bills. If they are just going to accept what the lobbyists write for them, we can get that work done for free.

  25. Sponsored Links


  26. #342
    Join Date
    Apr 2012
    Location
    San Diego
    Posts
    3,576
    Rep Power
    6

    Default

    Quote Originally Posted by MarkyS View Post
    They free up money for R & D, growth and hiring, of course. They also incentivise businesses to STAY in the United States, instead of flee to lower-tax venues. That secures existing jobs we might otherwise lose.

    Lastly, they attract foreign companies to invest and build here - again, in lieu of other, higher-tax venues.


    M
    What is the basis for your conclusions? CEO's of many major corporations are already on record stating that they are not going to use their tax savings to hire more people.

    How do you know that the new tax plan offers an incentive for businesses to STAY in the US? Was there some study on what the tax rates need to be in order for this incentive to work? Or are you just saying that we reduced the tax rate and now they will stay? Is there some formula that says a 20% tax rate keeps these companies here? Has anyone associated with writing this bill provided any research to say that this is exactly what we need to do in order to keep companies hear and draw foreign corporations to do more business here?

    Are you just basing your conclusions on what the GOP has told you will happen? Is their any reasoning or science behind these conclusions?

  27. Sponsored Links


  28. #343
    Join Date
    Jul 2004
    Location
    Vancouver, WA
    Posts
    19,077
    Rep Power
    18

    Default

    Quote Originally Posted by kingarthur65 View Post
    Based on your response, we should not be paying for administrative personel for our congress critters. It's part of their job to write these bills. If they are just going to accept what the lobbyists write for them, we can get that work done for free.
    Or we could push harder to do away with lobbying and make our Congress critters actually do what they were elected to do in the first place.
    "Michael Moore is a fat lazy bastard who needs his ass kicked." - Dennis Miller



  29. Sponsored Links


  30. #344
    Join Date
    Dec 2012
    Location
    California
    Posts
    6,263
    Blog Entries
    2
    Rep Power
    6

    Default

    Quote Originally Posted by wiley8425 View Post
    Or we could push harder to do away with lobbying and make our Congress critters actually do what they were elected to do in the first place.
    I notice that SOME of the Congresscritters who are criticizing the plan are also part of the 1%. Bernie Sanders, Nancy Pelosi, and Chuch Schumer all come to mind here.
    Does the government work for us or do we work for the government?
    --Judge Andrew Napolitano (FNC senior judicial analyst)


  31. Sponsored Links


  32. #345

    Default

    Letís play who wants to be a CEO. If you had the choice of keeping your business in Country A with a CTR of 10% with 90% of OPEX dedicated to payroll or Country B with a CTR of 20% but only 50% of OPEX dedicated to payroll, which would you choose?

  33. Sponsored Links


Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •