Fo Shizzle
Pragmatic Classical Liberal
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RE: Hey thanks for the 1.50
(02-03-2018 10:12 PM)Machiavelli Wrote: KT Nelson: lmao the koch brothers got $1,400,000,000 from the GOP tax cut but hey congrats to this nice lady on her free weekly snickers.
https://pbs.twimg.com/media/DVINWGDW0AANfRv.jpg
What is the relevance of this? Obviously..If you don't make much...you don't pay much in taxes. So...You won't see a large difference in your take home pay. This is tax cut...not a welfare handout. The Koch brother will still be paying a ton of taxes.
Personally...Id like to have seen spending cuts along with the tax cuts..but..the overall benefits to the economy should still be large. Next year at this time people will be singing a different tune about this tax cut.
(This post was last modified: 02-04-2018 09:59 AM by Fo Shizzle.)
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02-04-2018 09:58 AM |
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Owl 69/70/75
Just an old rugby coach
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RE: Hey thanks for the 1.50
(02-04-2018 09:56 AM)Machiavelli Wrote: Another thing that we all would be talking about if the D’s had a Fox News. Congress voted to sanction Russia. The deadline has passed with no sanctions. Why?
D's have CNN, NBC, CBS, ABC, MSNBC, PBS. Why do they need a Fox?
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02-04-2018 10:05 AM |
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VA49er
Legend
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RE: Hey thanks for the 1.50
(02-03-2018 10:12 PM)Machiavelli Wrote: KT Nelson: lmao the koch brothers got $1,400,000,000 from the GOP tax cut but hey congrats to this nice lady on her free weekly snickers.
https://pbs.twimg.com/media/DVINWGDW0AANfRv.jpg
Envy is not a good look. Also, only elitist mock a lady for saving some of her hard earned money.
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02-04-2018 10:10 AM |
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bubbapt
Uh, what?
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RE: Hey thanks for the 1.50
PBS is just ticked off because they don’t benefit from the tax plan. It’s already a non-profit, so no taxes, and it’s executives are overpayed residents of high tax states, so they’re losing their deductions.
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02-04-2018 10:16 AM |
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mptnstr@44
Hall of Famer
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RE: Hey thanks for the 1.50
$250 more per month for us.
We're empty-nesters so we didn't expect much since we don't have child deductions...
Looks like we are going to finally realize what we were promised we would receive in ACA savings.
Thanks Trump!
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02-04-2018 10:20 AM |
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Attackcoog
Moderator
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RE: Hey thanks for the 1.50
(02-04-2018 09:54 AM)Machiavelli Wrote: At the end of this fairy gumdrop rainbow will be inflation. We will deficit spend to increase inflation. You watch. The vast vast majority will have any savings from a tax cut eaten up by inflation. The vast vast majority of this benefit will go to the donor a Republican class. If the D’s had a nickel of sense in marketing this would be filling our airwaves but we don’t have the equivalent propaganda arm of Fox News.
The Democrats have virtually every media outlet in the nation reading the Democrat morning email blast unedited as “news”. You irrational fear on the one outlet willing to tell both sides of the story is telling. Seems to me you know the Democrats can’t win without complete control of the propaganda apparatus. Sad.
(This post was last modified: 02-04-2018 10:29 AM by Attackcoog.)
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02-04-2018 10:28 AM |
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Fo Shizzle
Pragmatic Classical Liberal
Posts: 42,023
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Location: North Carolina
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RE: Hey thanks for the 1.50
My wife and I will get to keep over 3 grand of our money this year. Thanks
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02-04-2018 10:29 AM |
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Owl 69/70/75
Just an old rugby coach
Posts: 80,853
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Location: Montgomery, TX
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RE: Hey thanks for the 1.50
(02-04-2018 09:54 AM)Machiavelli Wrote: At the end of this fairy gumdrop rainbow will be inflation. We will deficit spend to increase inflation. You watch. The vast vast majority will have any savings from a tax cut eaten up by inflation. The vast vast majority of this benefit will go to the donor a Republican class. If the D’s had a nickel of sense in marketing this would be filling our airwaves but we don’t have the equivalent propaganda arm of Fox News.
This tax cut was fundamentally an effort to bring our corporate tax rates in line with the rest of the world. The rest is window dressing. Its success will be measured in a metric that is almost impossible to quantify--how much investment comes to the US to create how many jobs as a result of removing the tax penalties associated with doing so.
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02-04-2018 10:38 AM |
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JMUDunk
Rootin' fer Dukes, bud
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Hey thanks for the 1.50
(02-04-2018 09:54 AM)Machiavelli Wrote: At the end of this fairy gumdrop rainbow will be inflation. We will deficit spend to increase inflation. You watch. The vast vast majority will have any savings from a tax cut eaten up by inflation. The vast vast majority of this benefit will go to the donor a Republican class. If the D’s had a nickel of sense in marketing this would be filling our airwaves but we don’t have the equivalent propaganda arm of Fox News.
Why do you hate regular people keeping more of the money they earned?
You do know it’s not the governments money and they let us keep some, right?
Course unless you’re on the governments dime, then I guess you would see it that way. Wouldn’t know.
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02-04-2018 10:42 AM |
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UTSAMarineVet09
Corporal of the Board.
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Hey thanks for the 1.50
Why do democrats hate that people get to keep more of their money? I mean if you don’t like it Mach, send your paycheck to the government, and stop bitching about it.
Sent from my iPhone using Tapatalk Pro
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02-04-2018 10:42 AM |
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JMUDunk
Rootin' fer Dukes, bud
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Hey thanks for the 1.50
(02-04-2018 09:56 AM)Machiavelli Wrote: Another thing that we all would be talking about if the D’s had a Fox News. Congress voted to sanction Russia. The deadline has passed with no sanctions. Why?
Cause the sanctions were also based on a bunch of dim hooey?
Why sanction Russians for dim stupidity?
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02-04-2018 10:43 AM |
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Fo Shizzle
Pragmatic Classical Liberal
Posts: 42,023
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Location: North Carolina
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RE: Hey thanks for the 1.50
(02-04-2018 09:54 AM)Machiavelli Wrote: At the end of this fairy gumdrop rainbow will be inflation. We will deficit spend to increase inflation. You watch. The vast vast majority will have any savings from a tax cut eaten up by inflation. The vast vast majority of this benefit will go to the donor a Republican class. If the D’s had a nickel of sense in marketing this would be filling our airwaves but we don’t have the equivalent propaganda arm of Fox News.
I said from the beginning I liked the tax cuts but I feel that spending should have been cut also. Im not down with deficit spending...never have been regardless of which gang is in power. I do find it terribly ironic and dishonest that the left is screaming about deficit spending now...like this is a new problem?
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02-04-2018 10:44 AM |
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Fo Shizzle
Pragmatic Classical Liberal
Posts: 42,023
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Location: North Carolina
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RE: Hey thanks for the 1.50
(02-04-2018 10:42 AM)UTSAMarineVet09 Wrote: Why do democrats hate that people get to keep more of their money? I mean if you don’t like it Mach, send your paycheck to the government, and stop bitching about it.
Sent from my iPhone using Tapatalk Pro
Because there is a large faction of Socialists in that gang that believe the money belongs to the State not you.
(This post was last modified: 02-04-2018 10:46 AM by Fo Shizzle.)
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02-04-2018 10:46 AM |
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Owl 69/70/75
Just an old rugby coach
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Location: Montgomery, TX
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RE: Hey thanks for the 1.50
(02-04-2018 09:54 AM)Machiavelli Wrote: At the end of this fairy gumdrop rainbow will be inflation.
Umm, so this projected $1.5 trillion increase in the deficit is going to cause inflation, when the nearly $10 trillion already baked in by Obama isn't? Umm, how?
Bottom line, we aren't going to sniff a balanced budget without a consumption tax. We price ourselves out of the world market any other way.
(This post was last modified: 02-04-2018 10:48 AM by Owl 69/70/75.)
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02-04-2018 10:46 AM |
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Fo Shizzle
Pragmatic Classical Liberal
Posts: 42,023
Joined: Dec 2006
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I Root For: ECU PIRATES
Location: North Carolina
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RE: Hey thanks for the 1.50
(02-04-2018 10:46 AM)Owl 69/70/75 Wrote: (02-04-2018 09:54 AM)Machiavelli Wrote: At the end of this fairy gumdrop rainbow will be inflation.
Umm, so this projected $1.5 trillion increase in the deficit is going to cause inflation, when the nearly $10 trillion already baked in by Obama isn't? Umm, how?
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02-04-2018 10:48 AM |
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Machiavelli
Back to Reality. Oh there goes Gravity
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RE: Hey thanks for the 1.50
You deficit spend when the economy is contracting you pay down the deficit when the economy is expanding. You said that Owl at one time before this current administration. There was absolutely no reason to do what we did other than to pay back the donors to the Republican Party. That’s hould be shouted form every roof top and it’s not. Now if you want to give corporations a tax break to make them more competitive in world markets fine. But add a VAT. Absolutely zero reason to add to the deficit when you have an expanding economy.
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02-04-2018 12:37 PM |
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Machiavelli
Back to Reality. Oh there goes Gravity
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RE: Hey thanks for the 1.50
The sickest part. This was sold as good for jobs. Corporations were already sitting on record profits. They aren’t just going to hire more people to hire more people. The vast majority of the savings is going to go into stock buybacks
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02-04-2018 12:42 PM |
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Machiavelli
Back to Reality. Oh there goes Gravity
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RE: Hey thanks for the 1.50
Automation too.
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02-04-2018 12:44 PM |
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Owl 69/70/75
Just an old rugby coach
Posts: 80,853
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RE: Hey thanks for the 1.50
(02-04-2018 12:37 PM)Machiavelli Wrote: You deficit spend when the economy is contracting you pay down the deficit when the economy is expanding. You said that Owl at one time before this current administration. There was absolutely no reason to do what we did other than to pay back the donors to the Republican Party. That’s hould be shouted form every roof top and it’s not. Now if you want to give corporations a tax break to make them more competitive in world markets fine. But add a VAT. Absolutely zero reason to add to the deficit when you have an expanding economy.
Generally agree. Except we don't really have an expanding economy. We had an economy that has been treading water since 2008. Now the tax cuts for corporations appear to be pushing us toward expansion again. The real danger now is that things will heat up too fast and bring about another downfall. A VAT would actually temper that somewhat, also VATs typically have less downward imp[act on growth than other taxes.
The bottom line is that both parties are going to punt the debt and deficit back and forth until one side bites the bullet and does a VAT. Europe has a more comprehensive safety net, including universal health care, and offers a more tax efficient proposition to investors (or at least did, until our tax cut). How do they do it? Part of it is that we are paying for their defense. But a much bigger part of it is the VAT.
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02-04-2018 01:09 PM |
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umbluegray
Legend
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RE: Hey thanks for the 1.50
(02-03-2018 10:12 PM)Machiavelli Wrote: KT Nelson: lmao the koch brothers got $1,400,000,000 from the GOP tax cut but hey congrats to this nice lady on her free weekly snickers.
https://pbs.twimg.com/media/DVINWGDW0AANfRv.jpg
I wish I made enough $$$ where I could've gotten $1.4M.
But because I don't I begrudge the fact that others get to keep more of their money rather than "patriotically" giving over their money to the government.
I'm petty like that.
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02-04-2018 01:16 PM |
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