Congratulations America - you got the president you deserve

Question for the gang...

When talking about the Trump tax cuts for the rich, which ones don't apply to you as well?
 
"Then don't bitch!"

There, saved you a post. Next one is going to cost you. Rates available for review. Your lack of active descent will be deemed active acceptance of the implied contract rates.
 
Seattle said:
Question for the gang...

When talking about the Trump tax cuts for the rich, which ones don't apply to you as well?
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If you're referring to the 2017 tax cut, it only started taking affect for anyone making more than $400K per year, which according to the IRS is about 1.8% of income earners. It did nothing for anyone making less. It added $8 Trillion to the national debt in lost revenues from that 1.8%.. That's fucking insanely staggering,

Remember, almost half the country, many of them Republicans, have less than $400 in the bank for any given emergency. And, that tax cut expires in 2025, right in time for Trump to double down on it and really make that 1.8% much more filthy rich and everyone else poorer.

See how that works.
 
Mr. G said:
Haven't been around here for a very long time. Not much need.

Browsing through the thread; losers.

You lost. Lost. Lost.

Thump your chests all you want. Makes you feel really good, right?

You're losers.

Feel the burn.

Go outside and sniff the air. There's a whole world out here that's telling you are not particularly significant in most schemes of things.

Or just stay inside.
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Gloating from the Trump win?
 
While the results are still coming in for the House, it does appear Trump won the popular vote with about 75 million votes.

We can now confirm the existence of at least 75 million brain dead morons in America.
 
(Q) said:
If you're referring to the 2017 tax cut, it only started taking affect for anyone making more than $400K per year, which according to the IRS is about 1.8% of income earners. It did nothing for anyone making less. It added $8 Trillion to the national debt in lost revenues from that 1.8%.. That's fucking insanely staggering,

Remember, almost half the country, many of them Republicans, have less than $400 in the bank for any given emergency. And, that tax cut expires in 2025, right in time for Trump to double down on it and really make that 1.8% much more filthy rich and everyone else poorer.

See how that works.
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I think the issue here is that you don't "see how that works".

It doesn't only start taking effect for anyone making more than $400k. That sounds like a Biden related comment. He always says that he won't raise taxes on anyone making less than $400k.

However it has nothing to do with that bill. The primary purpose was to cut corporate tax rates which were some of the highest in the world among developed economies. So the cut just leveled the playing field with other companies in the developed world.

That's pretty reasonable. See how that works? It also doubled the personal exemption which applied to everyone. It expanded the child care tax credit and it lowered taxes for everyone.

It also didn't increase the debt by $8 trillion over 10 years. It was projected to add $1.5 to $2 trillion over 10 years.

So far, almost nothing that you have said is accurate. Of course when you lower taxes, those who pay the most taxes will see larger absolute gains. That's the only possible outcome with lowing taxes. You have to pay them first.

I know it's fun to form an opinion based on emotion and what someone else said but you are very misinformed. Perhaps now you see how that works?
 
Seattle said:
I think the issue here is that you don't "see how that works".

It doesn't only start taking effect for anyone making more than $400k. That sounds like a Biden related comment. He always says that he won't raise taxes on anyone making less than $400k.

However it has nothing to do with that bill. The primary purpose was to cut corporate tax rates which were some of the highest in the world among developed economies. So the cut just leveled the playing field with other companies in the developed world.

That's pretty reasonable. See how that works? It also doubled the personal exemption which applied to everyone. It expanded the child care tax credit and it lowered taxes for everyone.

It also didn't increase the debt by $8 trillion over 10 years. It was projected to add $1.5 to $2 trillion over 10 years.

So far, almost nothing that you have said is accurate. Of course when you lower taxes, those who pay the most taxes will see larger absolute gains. That's the only possible outcome with lowing taxes. You have to pay them first.

I know it's fun to form an opinion based on emotion and what someone else said but you are very misinformed. Perhaps now you see how that works?
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The information I provided has been around since the Trump administration, the tax break was brought in 2017 and is public knowledge. It can't possibly be "Biden related comment" - we all knew about it back then.

The IRS releases its numbers each year, we knew back in 2018 how much was lost that year and then each consecutive year after. It was $1.5-$2 trillion loss EACH YEAR of the Trump administration. It represented one third of the entire national debt, which can only be paid off with more revenues. But if we lose trillions of dollars in revenues from the wealthy because of tax cuts, then the Trump administration will claim there is no money for government programs and then they will disappear.
 
(Q) said:
The information I provided has been around since the Trump administration, the tax break was brought in 2017 and is public knowledge. It can't possibly be "Biden related comment" - we all knew about it back then.

The IRS releases its numbers each year, we knew back in 2018 how much was lost that year and then each consecutive year after. It was $1.5-$2 trillion loss EACH YEAR of the Trump administration. It represented one third of the entire national debt, which can only be paid off with more revenues. But if we lose trillions of dollars in revenues from the wealthy because of tax cuts, then the Trump administration will claim there is no money for government programs and then they will disappear.
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My bad, you're right about the figures being per year. The rest of what I wrote is accurate IMO and it's not $8 trillion per year.

The main point about the tax bill in the first place is that it's about reducing the corporate tax rate to a level competitive with other developed economies.
 
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Seattle said:
Question for the gang...

When talking about the Trump tax cuts for the rich, which ones don't apply to you as well?
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Seattle said:
Are you not wealthy?
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One would think that the idiot who corrects typos would be familiar with this, but he doesn't strike me as much of a reader. Or writer.

15. Put statements in positive form.Make definite assertions. Avoid tame, colorless, hesitating, noncommittal language. Usethe word not as a means of denial or in antithesis, never as a means of evasion.
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The Elements of Style, Strunk and White
 
Seattle said:
I think the issue here is that you don't "see how that works".
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Why the scare quotes? Did you even complete primary school?

Also this:
Seattle said:
I know it's fun to form an opinion based on emotion and what someone else said but you are very misinformed. Perhaps now you see how that works?
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Tell us more about Harris's "defund the police" proposal. And no scare quotes this time?
 
I had this vision of it being made legal to shoot anyone wearing "MAGA". Each one killed would be a help in making America great again.
 
Seattle said:
My bad, you're right about the figures being per year. The rest of what I wrote is accurate IMO and it's not $8 trillion per year.

The main point about the tax bill in the first place is that it's about reducing the corporate tax rate to a level competitive with other developed economies.
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Why would we want to reduce corporate tax rates when we already have way too many billionaires and corporations making record profits?
 
(Q) said:
Why would we want to reduce corporate tax rates when we already have way too many billionaires and corporations making record profits?
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Is the goal to not make a profit and to have a disadvantage with foreign competitors?
 
(Q) said:
Why would we want to reduce corporate tax rates when we already have way too many billionaires and corporations making record profits?
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Trump's debtors want their money back. They bought the best election available and they need compensation.
 
Seattle said:
Is the goal to not make a profit and to have a disadvantage with foreign competitors?
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Often, a tariff will be placed on a foreign competitor like the tariff placed on Chinese electric cars.
 
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