It's gonna be great! The "you got played" saga starring Trump!

excommunicated said:
The article clearly shows Obama got stimulus money once. Everything else he said he would do for infrastructure, he did not. Which is the premise of the OP. Facts are facts.
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OK...I see you ride the short bus to school. Why didn't Obama's requests for infrastructure projects come to fruition?
 
Covfefe said:
Tax cuts for the rich! At the expense of modernizing America, such a damn shame.
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C'mon man, the tax plan contains very little "tax cuts for the rich", why do you all insist on repeating this nonsense? The truth of the matter is, this bill is lame, it certainly isn't "historic" in any way, as claimed. Serious question, what is the purpose of parroting this demonstrably false meme?
 
countryboy said:
C'mon man, the tax plan contains very little "tax cuts for the rich", why do you all insist on repeating this nonsense? The truth of the matter is, this bill is lame, it certainly isn't "historic" in any way, as claimed. Serious question, what is the purpose of parroting this demonstrably false meme?
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Not accurate.
~~~
"The plan includes weakening and then eliminating the federal estate tax, a levy paid only by the wealthiest households in the country—it only kicks in on estates worth over $5.5 million for individuals and $11 million for couples.

It also eliminates the alternative minimum tax, which exclusively benefits households with incomes over $200,000. And it drops corporate tax rates to 20%, the overwhelming benefit of which goes to the very wealthy and—contrary to what the president might say—will not create jobs, as a study by my Institute for Policy Studies colleague Sarah Anderson found earlier this year.

The tax plan includes eliminating tax deductions that benefit many middle-class Americans as well. On the chopping block are the state and local tax deduction and the student loan interest deduction, among others."

(source: http://fortune.com/2017/11/03/trump-gop-tax-plan-cuts-2017/)

~~~
The real "job creators" are you, me, and our fellow citizens who purchase goods. If you want to effectively throttle the economy, take discretionary cash away from those who will spend it. Consumer spending is the engine that drives our economy. If we ain't spending, companies have no reason to create and/or import goods, employees get laid off, tax revenues fall.

This Republican tax reform bullshit has been tried and it fails, every single time.
 
ThatOwlWoman said:
Not accurate.
~~~
"The plan includes weakening and then eliminating the federal estate tax, a levy paid only by the wealthiest households in the country—it only kicks in on estates worth over $5.5 million for individuals and $11 million for couples.
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You can't have it both ways. Libs love to argue that the estate tax doesn't even effect that many, or collect that much in revenue. So, what is the purpose of this confiscatory tax? Punishment? Why is it fair to tax wealth which has already been taxed?

It also eliminates the alternative minimum tax, which exclusively benefits households with incomes over $200,000. And it drops corporate tax rates to 20%, the overwhelming benefit of which goes to the very wealthy and—contrary to what the president might say—will not create jobs, as a study by my Institute for Policy Studies colleague Sarah Anderson found earlier this year.
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$200,000 ain't "rich", so that talking point is out the window.
The tax plan includes eliminating tax deductions that benefit many middle-class Americans as well. On the chopping block are the state and local tax deduction and the student loan interest deduction, among others."
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I personally agree that the mortgage interest deduction should not be limited. BTW, it's the rich who benefit the most from this as well, so where's the hew and cry about that? But as far as the state an local tax deduction? Why should American taxpayers be forced to subsidize high tax states? How is that even Constitutional? I have mixed feelings about the student loan deduction. Why should American taxpayers subsidize career students so than can study subjects which are of no value? Maybe this one could be done on a case by case basis.

~~~
The real "job creators" are you, me, and our fellow citizens who purchase goods. If you want to effectively throttle the economy, take discretionary cash away from those who will spend it. Consumer spending is the engine that drives our economy. If we ain't spending, companies have no reason to create and/or import goods, employees get laid off, tax revenues fall.
Click to expand...

That is an overly simplistic analysis of how economies function. Liberals love to pick and choose which parts of economic principles they like, and discard those which conflict with their ideologies, regardless of statistical data.

This Republican tax reform bullshit has been tried and it fails, every single time.
Click to expand...

"This Republican tax reform" is nothing of the kind. This is watered down capitulating, class warfare nonsense. Actual conservative tax reform has worked every time it's been tried, including the tax cuts of JFK. This is irrefutable.
 
countryboy said:
C'mon man, the tax plan contains very little "tax cuts for the rich", why do you all insist on repeating this nonsense? The truth of the matter is, this bill is lame, it certainly isn't "historic" in any way, as claimed. Serious question, what is the purpose of parroting this demonstrably false meme?
Click to expand...
https://www.google.com/amp/amp.timeinc.net/fortune/2017/11/03/trump-gop-tax-plan-cuts-2017

https://www.google.com/amp/s/static.theintercept.com/amp/republican-tax-plan-salt-deductions.html
 
Althea said:
Economic growth? An inflated market is what he's hailing as economic growth? I'm tellin ya, his descent is depressing. Citing the removal of all enviro regulations as something that's good for the economy, is downright moronic.

At some point, the piper gets paid. Wait for the reports of Flint Michigan type water disasters in coal country.
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kindly stop referencing my posts, if you are chichenshit to ignore them..
I mentioned GDP as growth, the market reflect the tax reform and also growth, but the market by itself is not growth.

as to enviornmental regs, I mentioned those of OVERREACH like WOTUS and the ridiculously low Ozone counts
 
countryboy said:
You can't have it both ways. Libs love to argue that the estate tax doesn't even effect that many, or collect that much in revenue. So, what is the purpose of this confiscatory tax? Punishment? Why is it fair to tax wealth which has already been taxed?
It is new income to the inheritor and NO liberals have not sasid what you claim liar


$200,000 ain't "rich", so that talking point is out the window.

on what fuckimg planet is 200,000 not rich?


I personally agree that the mortgage interest deduction should not be limited. BTW, it's the rich who benefit the most from this as well, so where's the hew and cry about that? But as far as the state an local tax deduction? Why should American taxpayers be forced to subsidize high tax states? How is that even Constitutional? I have mixed feelings about the student loan deduction. Why should American taxpayers subsidize career students so than can study subjects which are of no value? Maybe this one could be done on a case by case basis.

~~~its on one house which is your primarly residence asshole not all realestate you own, no one is forced tosubsidize other states illegaly asshole that is an idioit right wing talking point, education is not worthless fucking idiot


That is an overly simplistic analysis of how economies function. Liberals love to pick and choose which parts of economic principles they like, and discard those which conflict with their ideologies, regardless of statistical data.

its your party that constantly denies statistical data and CREATES right wing alternative facts

"This Republican tax reform" is nothing of the kind. This is watered down capitulating, class warfare nonsense. Actual conservative tax reform has worked every time it's been tried, including the tax cuts of JFK. This is irrefutable.
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show us your evidence


it has NEVER worked in practice


you have been had idiot.
 
Covfefe said:
In fact, a larger trade deficit is not a byproduct of the tax plan — it is the heart of the plan. The administration has said its $1.5 trillion tax cut will not balloon the federal budget deficit because the plan will generate enough economic growth to essentially pay for itself. The most optimistic projections of the likely economic benefits of the tax cuts are driven by increased trade deficits.
“I do expect a major trade deficit, absolutely, as part of this,” said Laurence J. Kotlikoff, a professor of economics at Boston University who supports the proposed tax cuts and whose analysis of the economic benefits has been cited by the White House. “If this tax plan works, it works because the U.S. becomes more open to trade.”

https://www.google.com/amp/s/mobile...olitics/tax-cuts-trade-deficit-trump.amp.html
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anatta is such a stupid dishonest bitch.
 
noise said:
kindly stop referencing my posts, if you are chichenshit to ignore them..
I mentioned GDP as growth, the market reflect the tax reform and also growth, but the market by itself is not growth.

as to enviornmental regs, I mentioned those of OVERREACH like WOTUS and the ridiculously low Ozone counts
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arrogant cocksucker
 
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