(12-23-2017 08:07 PM)Bull_Is_Back Wrote:  

(12-23-2017 07:15 PM)dawgitall Wrote:  You guys are easily bought off. It is a corporate tax bill.

You misspelled a lot in there... Let me fix it for you

"You guys are easily bought off not driven by fixed pie size economics and petty jealousy. It is a corporate comprehensive tax bill.

Quote:I've acknowledged earlier that there is a good argument for lowering the tax rate.

So you've acknowledged that there are good reasons to do this and yet...

Quote:Just don't pretend this is something it isn't.

Nobody here is confused about this tax bill...

(12-23-2017 08:09 PM)ODUsmitty Wrote:  

(12-23-2017 07:15 PM)dawgitall Wrote:  Just don't pretend this is something it isn't.

You mean like Obama described the Individual Mandate?

Or "Affordable" healthcare

[/quote]


Whining is misspelled. FIFY

(12-23-2017 08:21 PM)olliebaba Wrote:  

Quote:

Whining is misspelled. FIFY

British spelling.

(12-23-2017 08:21 PM)Kaplony Wrote:  

(12-23-2017 08:09 PM)ODUsmitty Wrote:  

(12-23-2017 07:15 PM)dawgitall Wrote:  Just don't pretend this is something it isn't.

You mean like Obama described the Individual Mandate?

Or "Affordable" healthcare

....Or "If you like your insurance you can keep it."

(12-23-2017 11:32 AM)dawgitall Wrote:  What you guys that think this tax bill is so great don't seem to recognize is that the bill is a huge corporate tax cut. It is a gift to the donor class. It includes some tax breaks to the middle class but they are small potatoes in comparison to what the wealthy and corporations get. Of course we are all glad to save some money on our tax bill for a few years but it is basically a cheap bribe to keep the masses occupied while they walk out of the bank dragging bags of money. Squirrel!!!!!

Im going to predict that at some point next year due to the lowering of corporate overhead that competition will exert pressure on prices and drive them lower in concert. This of course will give the poor and middle class the most benefit.

(12-23-2017 07:15 PM)dawgitall Wrote:  You guys are easily bought off. It is a corporate tax bill. I've acknowledged earlier that there is a good argument for lowering the tax rate. Just don't pretend this is something it isn't.

Who essentially pays the corporate tax bill?

(12-23-2017 11:32 AM)dawgitall Wrote:  What you guys that think this tax bill is so great don't seem to recognize is that the bill is a huge corporate tax cut.

Best part of the bill.

(12-23-2017 07:15 PM)dawgitall Wrote:  You guys are easily bought off. It is a corporate tax bill. I've acknowledged earlier that there is a good argument for lowering the tax rate. Just don't pretend this is something it isn't.

You mean, like calling it a tax increase for 100 million or depriving 13 million of health care?

What I don’t understand is why democrats parrot those sound bytes knowing they are untrue. Do they really believe them? What happens next year when people realize they are untrue?

(12-23-2017 07:15 PM)dawgitall Wrote:  You guys are easily bought off. It is a corporate tax bill. I've acknowledged earlier that there is a good argument for lowering the tax rate. Just don't pretend this is something it isn't.

Yes, the biggest part of the bill is business related. It amazes me some people think that is a bad thing given we were paying the hights corp tax rate on the planet.

(12-24-2017 11:52 AM)Paul M Wrote:  

(12-23-2017 11:32 AM)dawgitall Wrote:  What you guys that think this tax bill is so great don't seem to recognize is that the bill is a huge corporate tax cut.

Best part of the bill.

Yep. The fact is that the consumer(individuals) pay the corporate tax in price of goods and services. Lowering that rate "should" exert downward pressure on prices. It will only take one competitor to try and take market share by lowering prices to start price wars. Lower prices are good for everyone..especially the middle class and poor.

At the worst...lowering the rate should keep inflation in check for the foreseeable future even if the Libs are correct and corporations just decide to pocket the savings.

(12-24-2017 11:52 AM)Paul M Wrote:  

(12-23-2017 11:32 AM)dawgitall Wrote:  What you guys that think this tax bill is so great don't seem to recognize is that the bill is a huge corporate tax cut.

Best part of the bill.

The left sees "corporate" and suddenly thinks of Halliburton and Lockheed Martin. I don't think they realize that their car mechanic, HVAC company, dry cleaners, kids sports leagues, accounting firm, home builder/rennovator, doctors office, lawyer, and electrician are all likely incorporated.

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(12-24-2017 11:41 AM)Fo Shizzle Wrote:  

(12-23-2017 11:32 AM)dawgitall Wrote:  What you guys that think this tax bill is so great don't seem to recognize is that the bill is a huge corporate tax cut. It is a gift to the donor class. It includes some tax breaks to the middle class but they are small potatoes in comparison to what the wealthy and corporations get. Of course we are all glad to save some money on our tax bill for a few years but it is basically a cheap bribe to keep the masses occupied while they walk out of the bank dragging bags of money. Squirrel!!!!!

Im going to predict that at some point next year due to the lowering of corporate overhead that competition will exert pressure on prices and drive them lower in concert. This of course will give the poor and middle class the most benefit.

I sure hope you are right.

(12-24-2017 11:42 AM)Fo Shizzle Wrote:  

(12-23-2017 07:15 PM)dawgitall Wrote:  You guys are easily bought off. It is a corporate tax bill. I've acknowledged earlier that there is a good argument for lowering the tax rate. Just don't pretend this is something it isn't.

Who essentially pays the corporate tax bill?

On the other hand, do you really think the savings from the tax changes are going to be passed along to the consumers? I doubt it. The shareholders certainly, but not the consumers.

(12-24-2017 12:46 PM)dawgitall Wrote:  

(12-24-2017 11:42 AM)Fo Shizzle Wrote:  

(12-23-2017 07:15 PM)dawgitall Wrote:  You guys are easily bought off. It is a corporate tax bill. I've acknowledged earlier that there is a good argument for lowering the tax rate. Just don't pretend this is something it isn't.

Who essentially pays the corporate tax bill?

On the other hand, do you really think the savings from the tax changes are going to be passed along to the consumers? I doubt it. The shareholders certainly, but not the consumers.

More people need to be invested in the stock market. Either directly or through pensions and 401k. How is the bond market being impacted by the new tax bill? Rates for CDs?

(12-24-2017 12:10 PM)Fo Shizzle Wrote:  

(12-24-2017 11:52 AM)Paul M Wrote:  

(12-23-2017 11:32 AM)dawgitall Wrote:  What you guys that think this tax bill is so great don't seem to recognize is that the bill is a huge corporate tax cut.

Best part of the bill.

Yep. The fact is that the consumer(individuals) pay the corporate tax in price of goods and services. Lowering that rate "should" exert downward pressure on prices. It will only take one competitor to try and take market share by lowering prices to start price wars. Lower prices are good for everyone..especially the middle class and poor.

At the worst...lowering the rate should keep inflation in check for the foreseeable future even if the Libs are correct and corporations just decide to pocket the savings.

it depends how one views "inflation".....mine is completely different vs. the gubberment's official version.....

energy/food/housing/service are real costs that are not properly recognized IMO......there is real danger of rising costs in that arena depending on where one lives vs.the residual impact.....

having said that, that's the job of the federal reserve to adjust accordingly moving forward......right now there are too many variables to address how this impacts the future of those not recognized....

(12-24-2017 12:08 PM)VA49er Wrote:  

(12-23-2017 07:15 PM)dawgitall Wrote:  You guys are easily bought off. It is a corporate tax bill. I've acknowledged earlier that there is a good argument for lowering the tax rate. Just don't pretend this is something it isn't.

Yes, the biggest part of the bill is business related. It amazes me some people think that is a bad thing given we were paying the hights corp tax rate on the planet.

But they aren't paying the highest corp tax rate on the planet. The statutory rate in the highest but the effective rate, what corps really pay is 18.6%. Argentina, Japan and the United Kingdom rates are higher and it isn't that much more than Brazil, Germany or India. I amazes me that you guys ignore this fact. It will be interesting to see what those numbers are going forward. Are the loopholes that were suppose to be eliminated actually removed? I doubt it. The "carried interest" loophole certainly wasn't.

(12-24-2017 12:52 PM)Dasville Wrote:  

(12-24-2017 12:46 PM)dawgitall Wrote:  

(12-24-2017 11:42 AM)Fo Shizzle Wrote:  

(12-23-2017 07:15 PM)dawgitall Wrote:  You guys are easily bought off. It is a corporate tax bill. I've acknowledged earlier that there is a good argument for lowering the tax rate. Just don't pretend this is something it isn't.

Who essentially pays the corporate tax bill?

On the other hand, do you really think the savings from the tax changes are going to be passed along to the consumers? I doubt it. The shareholders certainly, but not the consumers.

More people need to be invested in the stock market. Either directly or through pensions and 401k. How is the bond market being impacted by the new tax bill? Rates for CDs?

create more higher paying jobs allows exactly that as long as the "real" cost of living stays in check.....however, if the cost/valuation of essentials increase, that will offset that potential....

how did the avg cost of a vehicle go from 5k to 20k almost overnight....

how did the real estate market become overpriced to the point of collapse....that one had never happened before

how did the cost of gas shoot to 4/gal overnight.....gimme a break if one comes with supply/demand after Katrina

how did a loaf of bread go from .50/loaf to over 3/loaf.....or a gal/milk to over 4

there are valid concerns how this is handled moving forward......

there's a reason too many have to pool resources to live.....and I easily agree with this strategy by implementing this portion as first pass.....

they're going to have to get creative to keep the price of goods in check for this to be a benefit to the whole in the long term....

the USD is a fragile thingy.....there are ways to keep things in line.....they best not **** it up this time....

(12-24-2017 12:34 PM)EverRespect Wrote:  

(12-24-2017 11:52 AM)Paul M Wrote:  

(12-23-2017 11:32 AM)dawgitall Wrote:  What you guys that think this tax bill is so great don't seem to recognize is that the bill is a huge corporate tax cut.

Best part of the bill.

The left sees "corporate" and suddenly thinks of Halliburton and Lockheed Martin. I don't think they realize that their car mechanic, HVAC company, dry cleaners, kids sports leagues, accounting firm, home builder/rennovator, doctors office, lawyer, and electrician are all likely incorporated.

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The vast majority of the benefits from the bill are to large corporations not mom and pops.

(12-24-2017 01:16 PM)dawgitall Wrote:  

(12-24-2017 12:34 PM)EverRespect Wrote:  

(12-24-2017 11:52 AM)Paul M Wrote:  

(12-23-2017 11:32 AM)dawgitall Wrote:  What you guys that think this tax bill is so great don't seem to recognize is that the bill is a huge corporate tax cut.

Best part of the bill.

The left sees "corporate" and suddenly thinks of Halliburton and Lockheed Martin. I don't think they realize that their car mechanic, HVAC company, dry cleaners, kids sports leagues, accounting firm, home builder/rennovator, doctors office, lawyer, and electrician are all likely incorporated.

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The vast majority of the benefits from the bill are to large corporations not mom and pops.

False, the benefit is the same. The corporate tax rate and cut is applied equally.

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