Ya know...everyone is getting a tax cut. So why are so many people against this? I suspect it has nothing to do with the bill, but has to do with Trump.
Because the tax cut most of us are getting, some are getting an increase, is a pittance compared to what we are giving away to the rich. The next step is to take away medicare and Medicaid, causing more expenses for the families that depend on those programs. Which is most of us with parents over 65.
'I've spoken of the Shining City all my political life. …In my mind it was a tall, proud city built on rocks stronger than oceans, windswept, God-blessed, and teeming with people of all kinds living in harmony and peace; a city with free ports that hummed with commerce and creativity. And if there had to be city walls, the walls had doors and the doors were open to anyone with the will and the heart to get here. That's how I saw it, and see it still.'" Ronald Reagan
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NZ IndicatorSenior MemberPosts: 9,953Senior Member
tip toe softly cross the bridges----anybody payin the guards at the federal Pen?
But hey---your 4 dollars richer
I just looked at one of the calculators. It will be about $1600 for like the next 10 years. Wooooooheeeeee...that's a good chunk of money to spend in the economy!!!
4 canadian dollars? I'm a middle class subcontractor. It'll be thousands for me in tax savings and major increased workload/profit due to the economic boom that has already started. It's not just trickling here, it's raining... money.
4 canadian dollars? I'm a middle class subcontractor. It'll be thousands for me in tax savings and major increased workload/profit due to the economic boom that has already started. It's not just trickling here, it's raining... money.
Just keep in mind that you didn't build that... Therefore, you don't deserve to profit from it.
4 canadian dollars? I'm a middle class subcontractor. It'll be thousands for me in tax savings and major increased workload/profit due to the economic boom that has already started. It's not just trickling here, it's raining... money.
That's a lot of new accessories for the jeep and more fishing equipment!!!!
Sorry but you are giving the most to the people who will spend the least.
Unless you're going to argue that the multiplier is zero, aggregate demand would still be stimulated in a Keynesian model (and since we're discussing multipliers, we're discussing Keynes) assuming the economy isn't at full employment.
Deficits only matter when the Republicans are not in charge.
That's a good point. I don't think you or most libs ever complained once when Obama brought it up over 8 trillion under his watch. But I'm glad you are so concerned now.
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NZ IndicatorSenior MemberPosts: 9,953Senior Member
That's a good point. I don't think you or most libs ever complained once when Obama brought it up over 8 trillion under his watch. But I'm glad you are so concerned now.
Oh snap!
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fishingcomicSenior MemberPosts: 23,379Senior Member
That's a good point. I don't think you or most libs ever complained once when Obama brought it up over 8 trillion under his watch. But I'm glad you are so concerned now.
Except he didn't, he reduced the deficit by half, Clinton left office with a surplus. Republicans consistently increase it, and then whine when the Democrats that follow them to clean up their mess do not decrease it fast enough.
'I've spoken of the Shining City all my political life. …In my mind it was a tall, proud city built on rocks stronger than oceans, windswept, God-blessed, and teeming with people of all kinds living in harmony and peace; a city with free ports that hummed with commerce and creativity. And if there had to be city walls, the walls had doors and the doors were open to anyone with the will and the heart to get here. That's how I saw it, and see it still.'" Ronald Reagan
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fishingcomicSenior MemberPosts: 23,379Senior Member
Conjecture based on statements made by the Speaker of the House.
'I've spoken of the Shining City all my political life. …In my mind it was a tall, proud city built on rocks stronger than oceans, windswept, God-blessed, and teeming with people of all kinds living in harmony and peace; a city with free ports that hummed with commerce and creativity. And if there had to be city walls, the walls had doors and the doors were open to anyone with the will and the heart to get here. That's how I saw it, and see it still.'" Ronald Reagan
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fishingcomicSenior MemberPosts: 23,379Senior Member
Unemployment has been down for the past 2 years. Tell me about all those coal jobs.
'I've spoken of the Shining City all my political life. …In my mind it was a tall, proud city built on rocks stronger than oceans, windswept, God-blessed, and teeming with people of all kinds living in harmony and peace; a city with free ports that hummed with commerce and creativity. And if there had to be city walls, the walls had doors and the doors were open to anyone with the will and the heart to get here. That's how I saw it, and see it still.'" Ronald Reagan
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fishingcomicSenior MemberPosts: 23,379Senior Member
Unless you're going to argue that the multiplier is zero, aggregate demand would still be stimulated in a Keynesian model (and since we're discussing multipliers, we're discussing Keynes) assuming the economy isn't at full employment.
The multipliers are in the upper 1%, wouldn't it be better to leave them where they are and lower taxes more on the lower 40%? Or even more Keynesian, let's raise corporate taxes to 90% give huge tax breaks to those that invest in new equipment and growing their companies, not buying back their stock and actually bring jobs from overseas. Then invest in our crumbling infrastructure and provide jobs for people in the construction industries.
Again Bloomberg does not agree that this will lead to growth or increased employment. I think he did better in economics than trickle downers.
No tax break in the world is going to change the fact that slave labor in China costs $2 a day.
I admit I am no economist, so I cannot speak your language. But I have been alive long enough to know an empty promise and a fantasy that has never been successful in my lifetime and has been the source of the weakening of the middle class when I hear one.
'I've spoken of the Shining City all my political life. …In my mind it was a tall, proud city built on rocks stronger than oceans, windswept, God-blessed, and teeming with people of all kinds living in harmony and peace; a city with free ports that hummed with commerce and creativity. And if there had to be city walls, the walls had doors and the doors were open to anyone with the will and the heart to get here. That's how I saw it, and see it still.'" Ronald Reagan
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NZ IndicatorSenior MemberPosts: 9,953Senior Member
Not if you are going to argue that tax breaks equal jobs.
'I've spoken of the Shining City all my political life. …In my mind it was a tall, proud city built on rocks stronger than oceans, windswept, God-blessed, and teeming with people of all kinds living in harmony and peace; a city with free ports that hummed with commerce and creativity. And if there had to be city walls, the walls had doors and the doors were open to anyone with the will and the heart to get here. That's how I saw it, and see it still.'" Ronald Reagan
0
NZ IndicatorSenior MemberPosts: 9,953Senior Member
Are you waving goodbye to the individual mandate yet? I know my in-laws are.
The White House believes most Americans will begin seeing higher paychecks in February, once employers have adjusted the amount of money that is withheld from paychecks.
an extra $100 is not going to mean anything if the cost is the loss of Medicare and SS or my insurance doubles.
'I've spoken of the Shining City all my political life. …In my mind it was a tall, proud city built on rocks stronger than oceans, windswept, God-blessed, and teeming with people of all kinds living in harmony and peace; a city with free ports that hummed with commerce and creativity. And if there had to be city walls, the walls had doors and the doors were open to anyone with the will and the heart to get here. That's how I saw it, and see it still.'" Ronald Reagan
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Replies
tip toe softly cross the bridges----anybody payin the guards at the federal Pen?
But hey---your 4 dollars richer
I just looked at one of the calculators. It will be about $1600 for like the next 10 years. Wooooooheeeeee...that's a good chunk of money to spend in the economy!!!
https://www.nytimes.com/interactive/2017/12/17/upshot/tax-calculator.html
That was Clinton
Just keep in mind that you didn't build that... Therefore, you don't deserve to profit from it.
Swizz, don't you dare offer him a job. The last thing we need in Colorado is ANOTHER bleeding heart liberal. We got waaaaay to many already.
That's a lot of new accessories for the jeep and more fishing equipment!!!!
Unemployment down in most all counties
http://wvmetronews.com/2017/11/22/unemployment-down-in-most-all-counties/
Conjecture.
LOL! This made me think of a business up here in the county that still has a large sign outside that says "Obama Did Not Build This".
But the end game is fewer gov't funded services---or run a deficit---the end
That's a good point. I don't think you or most libs ever complained once when Obama brought it up over 8 trillion under his watch. But I'm glad you are so concerned now.
Correct. It's much better than energy credits.
And that's different than the past how?
https://www.investopedia.com/ask/answers/021115/how-long-has-us-run-fiscal-deficits.asp
Oh snap!
Except he didn't, he reduced the deficit by half, Clinton left office with a surplus. Republicans consistently increase it, and then whine when the Democrats that follow them to clean up their mess do not decrease it fast enough.
Conjecture based on statements made by the Speaker of the House.
Unemployment has been down for the past 2 years. Tell me about all those coal jobs.
The multipliers are in the upper 1%, wouldn't it be better to leave them where they are and lower taxes more on the lower 40%? Or even more Keynesian, let's raise corporate taxes to 90% give huge tax breaks to those that invest in new equipment and growing their companies, not buying back their stock and actually bring jobs from overseas. Then invest in our crumbling infrastructure and provide jobs for people in the construction industries.
Again Bloomberg does not agree that this will lead to growth or increased employment. I think he did better in economics than trickle downers.
No tax break in the world is going to change the fact that slave labor in China costs $2 a day.
I admit I am no economist, so I cannot speak your language. But I have been alive long enough to know an empty promise and a fantasy that has never been successful in my lifetime and has been the source of the weakening of the middle class when I hear one.
Why do you hate extra $$$ in your pocket?
I'm thinking the corporate tax rate and labor force are two different subjects...
The White House believes most Americans will begin seeing higher paychecks in February, once employers have adjusted the amount of money that is withheld from paychecks.
SAAAAAAWEEEEET!!!!
https://www.washingtonpost.com/business/economy/gop-tax-bill-passes-congress-as-trump-prepares-to-sign-it-into-law/2017/12/20/0ba2fd98-e597-11e7-9ec2-518810e7d44d_story.html?utm_term=.2a05dee7bc98
an extra $100 is not going to mean anything if the cost is the loss of Medicare and SS or my insurance doubles.