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RE: Senate to vote soon on tax bill - 12/20/2017 11:05:18 AM   
WhoreMods


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quote:

ORIGINAL: RottenJohnny

quote:

ORIGINAL: WhoreMods
He's hoping for a handout, obvs.

Gee...let me guess...sarcasm, right?

If I have to explain it to you, you'll never understand it.

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RE: Senate to vote soon on tax bill - 12/20/2017 11:23:44 AM   
RottenJohnny


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quote:

ORIGINAL: WhoreMods
If I have to explain it to you, you'll never understand it.

That depends on your ability to actually explain it.

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"Give me liberty or give me death." - Patrick Henry

I believe in common sense, not common opinions. - Me

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Profile   Post #: 42
RE: Senate to vote soon on tax bill - 12/20/2017 11:26:26 AM   
WhoreMods


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quote:

ORIGINAL: RottenJohnny

quote:

ORIGINAL: WhoreMods
If I have to explain it to you, you'll never understand it.

That depends on your ability to actually explain it.

No, it depends on your comprehension skills, which are clearly deficient from the bullshit you spout in here on the regular.

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Profile   Post #: 43
RE: Senate to vote soon on tax bill - 12/20/2017 11:27:03 AM   
Lucylastic


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quote:

ORIGINAL: RottenJohnny

quote:

ORIGINAL: Lucylastic
whys that?

That's what I expect to come next or soon.

nods...thankyou :) I was jus wonderin

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Profile   Post #: 44
RE: Senate to vote soon on tax bill - 12/20/2017 11:33:09 AM   
RottenJohnny


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quote:

ORIGINAL: WhoreMods
No, it depends on your comprehension skills, which are clearly deficient from the bullshit you spout in here on the regular.

LOL! It must suck to be such a bitter, angry person. You have my best wishes for a speedy recovery.

_____________________________

"I find your arguments strewn with gaping defects in logic." - Mr. Spock

"Give me liberty or give me death." - Patrick Henry

I believe in common sense, not common opinions. - Me

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Profile   Post #: 45
RE: Senate to vote soon on tax bill - 12/20/2017 11:34:11 AM   
RottenJohnny


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quote:

ORIGINAL: Lucylastic
nods...thankyou :) I was jus wonderin

YW

_____________________________

"I find your arguments strewn with gaping defects in logic." - Mr. Spock

"Give me liberty or give me death." - Patrick Henry

I believe in common sense, not common opinions. - Me

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Profile   Post #: 46
RE: Senate to vote soon on tax bill - 12/20/2017 11:37:06 AM   
servantforuse


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I think it will be called entitlement reform. They can then start cutting the waste and massive fraud. I think it will be coming soon. It is long over do.

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Profile   Post #: 47
RE: Senate to vote soon on tax bill - 12/20/2017 11:48:22 AM   
RottenJohnny


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quote:

ORIGINAL: servantforuse
It is long over do.

Definitely. Trump barely mentioned it a month or so ago but hasn't said anything since. That convinced me it's on his agenda but who knows if or when he'll make a move.

_____________________________

"I find your arguments strewn with gaping defects in logic." - Mr. Spock

"Give me liberty or give me death." - Patrick Henry

I believe in common sense, not common opinions. - Me

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Profile   Post #: 48
RE: Senate to vote soon on tax bill - 12/20/2017 11:56:43 AM   
RottenJohnny


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FR

From the Washington Examiner:

AT&T will give 200,000 US employees $1,000 bonus once Trump signs tax cuts into law.
http://www.washingtonexaminer.com/att-will-give-200000-us-employees-1000-bonus-once-trump-signs-tax-cuts-into-law/article/2644052

_____________________________

"I find your arguments strewn with gaping defects in logic." - Mr. Spock

"Give me liberty or give me death." - Patrick Henry

I believe in common sense, not common opinions. - Me

(in reply to RottenJohnny)
Profile   Post #: 49
RE: Senate to vote soon on tax bill - 12/20/2017 12:26:36 PM   
DesideriScuri


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quote:

ORIGINAL: JVoV
Less revenue will mean less spending in the years to come, which will cut every government service that is federally funded.


According to MrRodgers, that won't happen, so rest easy.

quote:

So I worry about our military. We didn't even provide proper armor or communication devices for vehicles in Iraq or Afghanistan. The casualties because of that should haunt us all.


Neither party is actually opposed to equipping the military, regardless of the rhetoric. Maybe, just maybe, we will stop demanding more from our military than it can safely provide? THAT would be awesome, imo. At some point - and I sure hope I'm around to see it - we have to stop or seriously curtail all the warring we (the US) do. But, I'm more of an isolationist than most, so...

quote:

I worry about education, because I'll have to deal with the idiots our schools produce. At some point, they'll be my doctors.


Are we going to reduce the requirements for people becoming doctors? Our system of "education" is already turning out idiots. Simply throwing more money at it isn't going to end that. Effecting a societal change where parents (both of them, regardless of whether or not they are together) create an environment that is supportive of academic achievement and places emphasis on education, will truly be the only thing that fixes our system. Until then, we'll continue to see some succeed brilliantly, some fail brilliantly, and the rest get through acceptably.

quote:

But I'll save a few bucks on my taxes, maybe.


Congrats! You get to decide where your money goes and what it does. If you choose, you could even donate it to your local school district! Or, Hell, give it to the Federal Government! It's your money to do with what you choose!

quote:

Of course, our Dumbass-In-Chief still refuses to release his taxes.


What does that matter? The only reason anyone really wants to see it is so they can find ways to berate him. Sure, there will be some who are simply curious about his income, but those people are in the overwhelming minority among those who want Trump to release his returns. Will there be a benefit to you if he releases his returns?


_____________________________

What I support:

  • A Conservative interpretation of the US Constitution
  • Personal Responsibility
  • Help for the truly needy
  • Limited Government
  • Consumption Tax (non-profit charities and food exempt)

(in reply to JVoV)
Profile   Post #: 50
RE: Senate to vote soon on tax bill - 12/20/2017 12:35:28 PM   
DesideriScuri


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quote:

ORIGINAL: MrRodgers
What a bunch of unmitigated bullshit. Not a fucking dime of untaxed offshore profits will be coming back to the US. The statue corp. rate is 35%, the real and effective rate here in the US is about 17%.
Apple's effective tax rate in Ireland was .005%...look it up. The EU has ordered Ireland to collect $$13 billion in taxes [it] says Apple really owes.
The idea that corp. don't pay taxes, customers do, essentially means nothing. Once done, the corp. owns that capital, you don't and from there on it is corp. money. Never happened in the history of mankind that the corp. its reason for existence is the highest untaxed profits, where they lower prices upon lowering corp. taxes.


Taxes are figured into the cost of goods, and, thus, the prices of those goods. To pretend they aren't is disingenuous.

quote:

Imagine if you will, with customers also paying wages and bonuses that if we are better off lowering the corp. tax because after all, we pay it, how about we lower all of those wages too, we'd be even better off.
You begin to see why the experiment in the corp., is now finally demonstrated on a practical matter...the end of the American experiment in democratic republican govt.


Actually, you're way off on your experiment. Corporations don't pay as much as they do if they don't have to. But, to get the talent they require, they have to pay those rates. And,yes, their wages are part of the cost of goods computations, so they are also represented in the prices.

quote:

Actually if an R was running Venz. and there was a profit to be enjoyed and power to gain, It wouldn't look much different than it does now. Fascism, pure, clean and profitable.


Possibly true. Possibly false. No way for you to prove your assertion, and no way for anyone to debunk it. In other words, worthless tripe.


_____________________________

What I support:

  • A Conservative interpretation of the US Constitution
  • Personal Responsibility
  • Help for the truly needy
  • Limited Government
  • Consumption Tax (non-profit charities and food exempt)

(in reply to MrRodgers)
Profile   Post #: 51
RE: Senate to vote soon on tax bill - 12/20/2017 12:35:37 PM   
RottenJohnny


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quote:

ORIGINAL: JVoV
Of course, our Dumbass-In-Chief still refuses to release his taxes.

I can tell you what his tax return says...
1) He's a billionaire.
2) He doesn't pay as much in taxes as you want him to.

_____________________________

"I find your arguments strewn with gaping defects in logic." - Mr. Spock

"Give me liberty or give me death." - Patrick Henry

I believe in common sense, not common opinions. - Me

(in reply to JVoV)
Profile   Post #: 52
RE: Senate to vote soon on tax bill - 12/20/2017 1:06:12 PM   
MasterJaguar01


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quote:

ORIGINAL: DesideriScuri

quote:

ORIGINAL: MasterJaguar01
quote:

ORIGINAL: servantforuse
I'm not so much worried about the income tax part of this bill. It is designed to help small businesses (who create the jobs ) and large corporations. 4% and maybe 5% GDP might be on the horizon

Small businesses ONLY create jobs, if their is a greater demand for their goods or services. (NOT because the owner got a tax break on his/her taxes).
Sigh...
The biggest myth of the supply-siders.


Thank God businesses don't look at making investments to drive down the costs of production so their cost of goods goes down and they can charge less. Wouldn't want businesses to compete for larger market share to drive up demand for their product line.



I am confused by your comment. But then again I am terrible at recognizing sarcasm.

First of all, businesses should and DO look at making investments to drive down the costs of production so their cost of goods goes down and they can charge less.

Large businesses have had large amounts of capital to dothis and HAVE done this since after the recession

Small businesses have less opportunity to make these investments, but do so when they can.

NONE of this creates jobs directly.
And more importantly.... None of this is in any way impacted by tax policy.

(in reply to DesideriScuri)
Profile   Post #: 53
RE: Senate to vote soon on tax bill - 12/20/2017 1:11:25 PM   
WhoreMods


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quote:

ORIGINAL: RottenJohnny

quote:

ORIGINAL: WhoreMods
No, it depends on your comprehension skills, which are clearly deficient from the bullshit you spout in here on the regular.

LOL! It must suck to be such a bitter, angry person. You have my best wishes for a speedy recovery.

Look in the mirror if you want to see a bitter angry person.

_____________________________

On the level and looking for a square deal.

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Profile   Post #: 54
RE: Senate to vote soon on tax bill - 12/20/2017 1:15:34 PM   
stef


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quote:

ORIGINAL: DesideriScuri

In CBO’s baseline projections, budget deficits remain below 3.0 percent of GDP through 2019. But subsequently, continued growth in spending—particularly for Social Security, Medicare, and net interest—would outstrip growth in revenues, resulting in larger deficits and increasing debt. By 2027, the deficit would reach 5.0 percent of GDP—$1.4 trillion.

Do you see or hear anyone talking about actually doing anything about spending to reduce the current deficits? The CBO is projecting the deficit for 2027 to be $1.4T. How is it that $1.5T deficit increases over 10 years is horrible, but a $1.4T increase in one year isn't?

Who says it isn't?

This is a thread about the craptacular tax bill. If you want to discuss all the other things that are fucked about our country's precarious economic status, knock yourself out.

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Profile   Post #: 55
RE: Senate to vote soon on tax bill - 12/20/2017 1:21:56 PM   
DesideriScuri


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quote:

ORIGINAL: MasterJaguar01
quote:

ORIGINAL: DesideriScuri
quote:

ORIGINAL: MasterJaguar01
quote:

ORIGINAL: servantforuse
I'm not so much worried about the income tax part of this bill. It is designed to help small businesses (who create the jobs ) and large corporations. 4% and maybe 5% GDP might be on the horizon

Small businesses ONLY create jobs, if their is a greater demand for their goods or services. (NOT because the owner got a tax break on his/her taxes).
Sigh...
The biggest myth of the supply-siders.

Thank God businesses don't look at making investments to drive down the costs of production so their cost of goods goes down and they can charge less. Wouldn't want businesses to compete for larger market share to drive up demand for their product line.

I am confused by your comment. But then again I am terrible at recognizing sarcasm.
First of all, businesses should and DO look at making investments to drive down the costs of production so their cost of goods goes down and they can charge less.
Large businesses have had large amounts of capital to dothis and HAVE done this since after the recession
Small businesses have less opportunity to make these investments, but do so when they can.
NONE of this creates jobs directly.
And more importantly.... None of this is in any way impacted by tax policy.


Less taxes means less money spent, right? I'm pretty solid with math, but please make sure I'm right. Assuming the price of goods doesn't change, paying less taxes might mean more profits, right? A company just might, and here things may get dicey, use the extra profits to increase their production floor space, add machinery (typically run by operators, so more machinery means more operators, means more jobs), etc.

[ sarcasm]So, yeah, tax policy has nothing to do with business investments.[/sarcasm]




_____________________________

What I support:

  • A Conservative interpretation of the US Constitution
  • Personal Responsibility
  • Help for the truly needy
  • Limited Government
  • Consumption Tax (non-profit charities and food exempt)

(in reply to MasterJaguar01)
Profile   Post #: 56
RE: Senate to vote soon on tax bill - 12/20/2017 1:23:15 PM   
stef


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quote:

ORIGINAL: DesideriScuri

The assumption is being made that lower taxes will result in increased economic activity, which will increase Federal tax revenues, thereby paying for the cuts, plus some.

Those on the right believe the assumption to be true.

Those on the left believe the assumption to be false.

And every non-partisan institute that has studied the plan says it will do little if anything to help the economy, only benefits corporations and the wealthy, and harms pretty much everyone else in the long run. Any gains seen by the latter will likely be offset by higher interest rates across the board triggered by the increase in the deficit.

Corporations have already spent billions buying back stock in anticipation of the tax windfalls.

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Welcome to PoliticSpace! If you came here expecting meaningful BDSM discussions, boy are you in the wrong place.

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Profile   Post #: 57
RE: Senate to vote soon on tax bill - 12/20/2017 1:25:14 PM   
WhoreMods


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quote:

ORIGINAL: DesideriScuri
Less taxes means less money spent, right? I'm pretty solid with math, but please make sure I'm right. Assuming the price of goods doesn't change, paying less taxes might mean more profits, right? A company just might, and here things may get dicey, use the extra profits to increase their production floor space, add machinery (typically run by operators, so more machinery means more operators, means more jobs), etc.

Or, they may just be putting the extra money they get from paying less tax towards their shareholders' dividends, and looking to see what overheads they can cut by outsourcing production entirely.

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Profile   Post #: 58
RE: Senate to vote soon on tax bill - 12/20/2017 1:25:35 PM   
DesideriScuri


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quote:

ORIGINAL: stef
quote:

ORIGINAL: DesideriScuri
In CBO’s baseline projections, budget deficits remain below 3.0 percent of GDP through 2019. But subsequently, continued growth in spending—particularly for Social Security, Medicare, and net interest—would outstrip growth in revenues, resulting in larger deficits and increasing debt. By 2027, the deficit would reach 5.0 percent of GDP—$1.4 trillion.
Do you see or hear anyone talking about actually doing anything about spending to reduce the current deficits? The CBO is projecting the deficit for 2027 to be $1.4T. How is it that $1.5T deficit increases over 10 years is horrible, but a $1.4T increase in one year isn't?

Who says it isn't?
This is a thread about the craptacular tax bill. If you want to discuss all the other things that are fucked about our country's precarious economic status, knock yourself out.


Right. All the rhetoric is about $1.5T over ten years. Where have those outcries been over the current situation which will result in almost as much of a deficit in one year alone?

If my response is out of place, why did you respond to it? It only gives it a credence you're implying it doesn't have.


_____________________________

What I support:

  • A Conservative interpretation of the US Constitution
  • Personal Responsibility
  • Help for the truly needy
  • Limited Government
  • Consumption Tax (non-profit charities and food exempt)

(in reply to stef)
Profile   Post #: 59
RE: Senate to vote soon on tax bill - 12/20/2017 1:27:30 PM   
DesideriScuri


Posts: 12225
Joined: 1/18/2012
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quote:

ORIGINAL: stef
quote:

ORIGINAL: DesideriScuri
The assumption is being made that lower taxes will result in increased economic activity, which will increase Federal tax revenues, thereby paying for the cuts, plus some.
Those on the right believe the assumption to be true.
Those on the left believe the assumption to be false.

And every non-partisan institute that has studied the plan says it will do little if anything to help the economy, only benefits corporations and the wealthy, and harms pretty much everyone else in the long run. Any gains seen by the latter will likely be offset by higher interest rates across the board triggered by the increase in the deficit.
Corporations have already spent billions buying back stock in anticipation of the tax windfalls.


Do you only listen to talking heads? Do you not look into anything yourself?

"In the long run" we're all going to be paying more in taxes.

Look beyond the rhetoric. You might be surprised.


_____________________________

What I support:

  • A Conservative interpretation of the US Constitution
  • Personal Responsibility
  • Help for the truly needy
  • Limited Government
  • Consumption Tax (non-profit charities and food exempt)

(in reply to stef)
Profile   Post #: 60
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