Yep and that financial relationship is how China will gradually take us over to some extent.Russia hates the financial relationship we have with China...
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Trump is selling $45 ‘Make America Great Again’ pumpkin hats for Halloween
http://www.nydailynews.com/news/nat...-america-great-pumpkin-hats-article-1.3583632
http://www.nydailynews.com/news/nat...-america-great-pumpkin-hats-article-1.3583632
Ohh they are doing fine so far.O yeah, the Chinese will lose more if they fuck with us!!
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Just go shopping for something not made in China.
They are going to defeat us thru capitalism and our love of overspending and debt.
How ironic....
LOL lots of idiots out there.
I know right? How stupid do ya have to be to be scared by a Halloween MAGA hat?
Libtards, gotta love 'em.
Trump is hoping that the release of the JFK assassination docs will take some heat off of him.
How Trumps tax plan will work.
For Trumps corporate tax cut to work the govt will have to take in 4-5 times the total amount of corporate taxes they took in last year.
They only took in around 1/4 trillion total in corporate taxes last year.
They only took in around 1/4 trillion total in corporate taxes last year.
I think it it depend on what you mean by "work". If you define that as "the government getting just as much or even more revenue" then you might be right. OTOH, if you define it as having more money left in the private economy and bringing back money that's currently stashed overseas, then you might see things differently.
Personally, I'll back any tax cut, anytime. Starve the beast.
Starving the beast does not work.
It just borrows more.
It just borrows more.
Does anyone really think that cutting corporate taxes will cause them to pay their employees more?
Corporations really pay way too much on taxes especially considering most of their money lives offshore, most of their workers are overseas, and they already pay for most of our political campaigns. You expect far too much from them. Tax the poor all they seem to do with their money is pay bills and buy groceries; seems like a waste to me.
The more corporate income that Trump has the more he would pay his employees?
And the Great Pumpkin is coming too
And the Great Pumpkin is coming too
Ohh in another 20 years or so the Chinese will control our money supply and keep government spending down.
For anyone who actually believes that cutting corporate taxes will raise the average family's income by $4,000/YR.
The Great Pumpkin IS coming.
Have a great delusion.
The Great Pumpkin IS coming.
Have a great delusion.
As annoying as it is reading a Cromwell post crying out in withdrawral pain that Trump stole his narcissistic supply several times a day, he is right about giving the wealthy a massive tax break will not make anyone posting here's life better and probably far worse.
In fact, if you take out the Republican and Trump association with this plan to transfer more wealth to the wealthiest, it comes across as the neoliberal globalism that it is. Anyone who lets the association affect their judgement is no better than the cognitively dissonant Soros zombies that support a welfare state and open borders or Islam and LGBT or feminism.
In fact, if you take out the Republican and Trump association with this plan to transfer more wealth to the wealthiest, it comes across as the neoliberal globalism that it is. Anyone who lets the association affect their judgement is no better than the cognitively dissonant Soros zombies that support a welfare state and open borders or Islam and LGBT or feminism.
I have a well hoarded supply of narcissism that I use some of on occasion
Not enough to stave off withdrawal it seems.I have a well hoarded supply of narcissism that I use some of on occasion
If anyone could imagine a super junkie with enough tolerance to ingest the nation's psychoactive drug supply and solving the drug problem by giving it all to them to get high on, you'd have the narcissism version in Trump which is why many addicts are screaming in withdrawal pain while he is flaunting how good it is making him feel to their faces. This is what Trump Derangement Syndrome is all about.
Trump IS the derangement.
On globalization.
It is not possible at this point for the USA to avoid it or withdraw from it.
Since the 80's it has become so deeply ingrained in the USA that withdrawal would be devastating to us.
Sad but true.
It is not possible at this point for the USA to avoid it or withdraw from it.
Since the 80's it has become so deeply ingrained in the USA that withdrawal would be devastating to us.
Sad but true.
He actually seems less mentally ill than most upper level elected office holders (both parties). The difference is that he tends to flaunt it whereas most career politicians try to conceal it. By flaunting it, it has forced career politicians to abandon efforts to conceal theirs hence the Beltway mental ward.
Can't really disagree with that. On a few niggly points maybe but overall no.
China is doing a remarkable job of putting its nation's economy ahead of globalism while exploiting the deranged westerners for their own gain.
Keep drinking the neoliberal/libertarian Kool-Aid that globalism is destiny. China isn't.
If you read some of my posts above I said pretty much the same thing.
Communist China is conquering the USA thru capitalism and the short sighted greed of capitalists in the USA.
It is well under way.
There is no way neoliberal privatization of nearly everything with making higher education a form of indentured servitude is going to win a quantum communications and computing race against China. The US never would have caught up with the Soviet Union in the space race if it were neoliberal/libertarian rather than FDR socially democratic in the 1950s/60s.
Even Henry Kissinger (the man who woke the Chinese dragon) of all people is sounding the alarm on China and making public appearances with Steve Bannon to do so.
Too little too late.
That is far from certain. Too much within and outside China needs to be played out so too premature to have a 1980s, Japan superhumans taking over the world, fatalist view.
The US population as a whole are far too weak to take the steps necessary to avoid the outcome I projected.
And our 'leaders' are bought and paid for. And we as a whole are too stupid to elect leaders that will choose the correct but more difficult path for us. So it is inevitable.
The only question is how far it will go.
Uhm.... I'm posting here. I own a successful small business. It's a single-member LLC that's taxed as through it were a sole proprietorship. In other words, I get no salary, just the profits. Cutting my marginal rate from 39.6% to 25% most certainly will make my life better.
But I'd support this plan even if it didn't do a darn thing for me personally. Like I said, "Any tax cut, any time".
Uhm.... I'm posting here. I own a successful small business. It's a single-member LLC that's taxed as through it were a sole proprietorship. In other words, I get no salary, just the profits. Cutting my marginal rate from 39.6% to 25% most certainly will make my life better.
But I'd support this plan even if it didn't do a darn thing for me personally. Like I said, "Any tax cut, any time".
Ohh I understand you viewpoint.
However mine is to cut spending before cutting taxes.
Just makes good business sense.
Cutting govt income does not cut govt spending....
Also small businesses pay a disproportionate share of corporate taxes.
The larger the business the smaller percentage they pay and some that profit greatly off of the national debt pay little to no taxes.
Uhm.... I'm posting here. I own a successful small business. It's a single-member LLC that's taxed as through it were a sole proprietorship. In other words, I get no salary, just the profits. Cutting my marginal rate from 39.6% to 25% most certainly will make my life better.
But I'd support this plan even if it didn't do a darn thing for me personally. Like I said, "Any tax cut, any time".
The link below has much less generous cuts with elimination for many deductions. Please link to your source.
https://www.thebalance.com/trump-s-tax-plan-how-it-affects-you-4113968
yep just like Reagans tax cuts.
I lost several deductions and have had to pay extra every year since. Always got a bit back up till then. Then Bush II cut the withholding rates to stimulate the economy....
But iz retired now and pay no federal income taxes.
Another Move Against Vaping Hurts Smokers Trying To Kick The Habit
https://hotair.com/archives/2017/10/25/another-move-vaping-hurts-smokers-trying-kick-habit/
Dang Andrew.....why you gotta be such a skulldrag?
https://hotair.com/archives/2017/10/25/another-move-vaping-hurts-smokers-trying-kick-habit/
Dang Andrew.....why you gotta be such a skulldrag?
https://www.cnbc.com/2017/09/27/tru...er-rates-for-businesses-some-individuals.html
That "Pass-Through" rate -- that's all my income. It's currently taxed at individual rates, and my marginal rate is 39.6%.
Yes, of course it makes good business sense. But they'll never do it. They will spend whatever we give them and more. If they have to keep borrowing, sooner or later, the bond markets will put a stop to it. I don't know when that point will come, but come it will.
Maybe after the next crash which will make the last one look tame.
Not sure which comes first. But either way, it's gonna be ugly.
Yup. The government is going to spend what it can get, whether stolen from taxpayers or borrowed.
Until they can't steal anymore AND can't borrow anymore, they'll keep spending.
Might as well keep what you can of your own money now. Giving it the government isn't going to keep them from spending.
I highly recommend cheating them out of it whenever possible without too harsh of consequences. That is to say, get away with it.
Yep any solution to the problem will be ugly and require sacrifices.
Maybe we could sacrifice some of those in congress?
Mine was dated today. Yours exactly a month ago from today. Mine has more detailed figures. You might want to read.
Do away with Obamacare and the medical deductions on income taxes?
I read it.
Trump's plan lowers the maximum tax rate for small businesses to 25 percent. That includes sole proprietorships, partnerships, and S corporations. Many of those are real estate companies, hedge funds, and private equity funds. As a result, 85 percent of the tax cut benefits the top 1 percent of earners. Most mom-and-pop small business won't benefit from the reduction. They don't earn enough to qualify for the top tax rate.
I don't see any more figures for Rossum's situation. Apparently he feels he earns enough to benefit from the new proposed 25% rate. I'm inclined to think he'd know.
From your article:
That's me personally.
In addition:
That applies to several of my employees.
Now put all that aside. Even if it didn't benefit me or any of my employees, I'll still support ANY TAX CUT ANY TIME, because TAXATION IS THEFT.
No one should be able to get more in a 'refund' from the IRS than they paid in taxes. PERIOD
the IRS is NOT welfare.
the IRS is NOT welfare.
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