Taxes

Any topic with a chance of polarization - Not for the easily offended.

Moderator: Team

Firedome8
Guru
Guru
Posts: 2495
Joined: Wed Sep 21, 2016 6:16 pm

Taxes

Post by Firedome8 » Fri Dec 01, 2017 10:38 am

https://www.google.com/amp/s/amp.cnn.co ... index.html
The stock market at all time high..record corporate profits,gazillions stashed over seas ,,, 3% growth?? Now lets throw the 1% and the corporate elete a trillion in borrowed money. Explain what I am missing ? I thought we were going to rebuild the infrastructure not add to the deficit.

engineczar
Guru
Guru
Posts: 1063
Joined: Mon Jul 26, 2004 10:47 am
Location: Dubois, Wy.

Re: Taxes

Post by engineczar » Fri Dec 01, 2017 10:54 am

Explain how letting people keep more of their money is the government giving away money?

RevTheory
Guru
Guru
Posts: 3281
Joined: Thu Sep 04, 2014 6:45 am

Re: Taxes

Post by RevTheory » Fri Dec 01, 2017 10:57 am

You're just regurgitating the same old, washed up and completely false talking points that the left uses.

sanfordandson
Guru
Guru
Posts: 4974
Joined: Sat May 20, 2006 6:28 pm

Re: Taxes

Post by sanfordandson » Fri Dec 01, 2017 10:57 am

Breadcrumbs for the working class. trillions in cuts to the elite and corporations.

Even with predicted economic growth this tax bill will not pay for itself. It adds 1 trillion to the deficit.

RevTheory
Guru
Guru
Posts: 3281
Joined: Thu Sep 04, 2014 6:45 am

Re: Taxes

Post by RevTheory » Fri Dec 01, 2017 11:08 am

Perhaps you guys should find a source that isn't funded by Media Matters to get your info:

"One hundred thirty-seven economists signed an open letter to Congress, supporting that the Republican tax plan will result in more jobs, higher earnings, and a better standard of living."

There's too much good stuff to quote so just go read it. It's short so it shouldn't hurt too bad :D

http://dailycaller.com/2017/11/30/137-e ... ium=Social

sanfordandson
Guru
Guru
Posts: 4974
Joined: Sat May 20, 2006 6:28 pm

Re: Taxes

Post by sanfordandson » Fri Dec 01, 2017 11:14 am

https://www.washingtonpost.com/news/won ... 7fc0d84fa7
An overwhelming majority of academic economists say in a new survey that the Republican tax proposals would cause America's debt to grow by one critical measure.

Thirty-seven of 38 experts surveyed by the University of Chicago's Initiative on Global Markets agreed that the GOP tax bills in Congress would cause U.S. debt to increase "substantially" faster than the economy.

Only one economist — Stanford's Liran Einav — said that he was “uncertain” if the bills would exacerbate America's debt-to-GDP ratio. But after the survey's release, Einav said his response had been a mistake, and that he actually agrees with the economists who expect the debt ratio to soar. (Four other economists in the IGM panel didn't answer the question one way or the other.)

sanfordandson
Guru
Guru
Posts: 4974
Joined: Sat May 20, 2006 6:28 pm

Re: Taxes

Post by sanfordandson » Fri Dec 01, 2017 11:15 am


engineczar
Guru
Guru
Posts: 1063
Joined: Mon Jul 26, 2004 10:47 am
Location: Dubois, Wy.

Re: Taxes

Post by engineczar » Fri Dec 01, 2017 11:19 am

sanfordandson wrote:
Fri Dec 01, 2017 10:57 am
Breadcrumbs for the working class. trillions in cuts to the elite and corporations.

Even with predicted economic growth this tax bill will not pay for itself. It adds 1 trillion to the deficit.
Spoken like a true left-wing hack

God forbid mother government learns to make do with less

Firedome8
Guru
Guru
Posts: 2495
Joined: Wed Sep 21, 2016 6:16 pm

Re: Taxes

Post by Firedome8 » Fri Dec 01, 2017 11:23 am

RevTheory wrote:
Fri Dec 01, 2017 11:08 am
Perhaps you guys should find a source that isn't funded by Media Matters to get your info:

"One hundred thirty-seven economists signed an open letter to Congress, supporting that the Republican tax plan will result in more jobs, higher earnings, and a better standard of living."

There's too much good stuff to quote so just go read it. It's short so it shouldn't hurt too bad :D

http://dailycaller.com/2017/11/30/137-e ... ium=Social
Uh,,, it says 1.4 Trillion added to debt, hear I thought that was a liberal socialist demorap thing?

Firedome8
Guru
Guru
Posts: 2495
Joined: Wed Sep 21, 2016 6:16 pm

Re: Taxes

Post by Firedome8 » Fri Dec 01, 2017 11:24 am

engineczar wrote:
Fri Dec 01, 2017 11:19 am
sanfordandson wrote:
Fri Dec 01, 2017 10:57 am
Breadcrumbs for the working class. trillions in cuts to the elite and corporations.

Even with predicted economic growth this tax bill will not pay for itself. It adds 1 trillion to the deficit.
Spoken like a true left-wing hack

God forbid mother government learns to make do with less
What do not you get about 1.4 Trillion added debt.

sanfordandson
Guru
Guru
Posts: 4974
Joined: Sat May 20, 2006 6:28 pm

Re: Taxes

Post by sanfordandson » Fri Dec 01, 2017 11:32 am

Trumpettes have such blind faith in their messiah that they now claim reducing nationals debt is a left wing socialist ideal... :lol:

engineczar
Guru
Guru
Posts: 1063
Joined: Mon Jul 26, 2004 10:47 am
Location: Dubois, Wy.

Re: Taxes

Post by engineczar » Fri Dec 01, 2017 12:00 pm

Firedome8 wrote:
Fri Dec 01, 2017 11:24 am
engineczar wrote:
Fri Dec 01, 2017 11:19 am
sanfordandson wrote:
Fri Dec 01, 2017 10:57 am
Breadcrumbs for the working class. trillions in cuts to the elite and corporations.

Even with predicted economic growth this tax bill will not pay for itself. It adds 1 trillion to the deficit.
Spoken like a true left-wing hack

God forbid mother government learns to make do with less
What do not you get about 1.4 Trillion added debt.
It says 1.4 Billion which is only 1.39 Trillion less than that but who's counting?

dirtracr5
Guru
Guru
Posts: 1417
Joined: Tue Mar 20, 2012 1:29 pm

Re: Taxes

Post by dirtracr5 » Fri Dec 01, 2017 1:22 pm

1.4 trillion is what it adds to the debt. It would have been more but they had to stop before they hit 1.5 trillion. Otherwise they would have needed 60 votes per Senate rules.

This tax big is ugly. I think it will be worse for the GOP if it passes. It's that bad.

engineczar
Guru
Guru
Posts: 1063
Joined: Mon Jul 26, 2004 10:47 am
Location: Dubois, Wy.

Re: Taxes

Post by engineczar » Fri Dec 01, 2017 1:32 pm

dirtracr5 wrote:
Fri Dec 01, 2017 1:22 pm
1.4 trillion is what it adds to the debt. It would have been more but they had to stop before they hit 1.5 trillion. Otherwise they would have needed 60 votes per Senate rules.

This tax big is ugly. I think it will be worse for the GOP if it passes. It's that bad.
It still doesn't say trillion

GARY C
Guru
Guru
Posts: 4323
Joined: Tue May 14, 2013 10:58 pm

Re: Taxes

Post by GARY C » Fri Dec 01, 2017 1:56 pm

Firedome8 wrote:
Fri Dec 01, 2017 10:38 am
https://www.google.com/amp/s/amp.cnn.co ... index.html
The stock market at all time high..record corporate profits,gazillions stashed over seas ,,, 3% growth?? Now lets throw the 1% and the corporate elete a trillion in borrowed money. Explain what I am missing ? I thought we were going to rebuild the infrastructure not add to the deficit.
Home many poor people have you ever worked for?
How many poor people own businesses?
Is it better to incentivize people to stay poor or to incentivize people to create jobs?
If it's wrong to take advantage of the laws in the tax system then how come everyone including your self does it?
Why is it only wrong when someone with more than you does it?
If you owned a business with more than 50 people employed how much would it cost you yearly to hire one more person with a salary of $30,000 per year?

Not saying I agree with our current system but until you can get a congress that will go back to the constitution pre 1900 then it is the rules we have.
It's just like racing, either learn how to win with the rules your given, find a different class to race in or stand on the side line and bitch about the rules.

Post Reply