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2017 "Tax Reform": They'll Screw This Up Too, Right? 2017 "Tax Reform": They'll Screw This Up Too, Right?

12-24-2017 , 08:37 AM
It's so amazing that all the stock market growth and job growth over the last 5 years was totally ignored with the brown guy in office, but now suddenly everything is great under daddy.

S&P 500 32% in 2013 totally ignored because the country was going down the tubes herp derp and only the left and right coasts were benefiting.
12-24-2017 , 08:42 AM
Wow those tax cuts sure are amazing.

S&P 500

Dec. 31, 2017 20.49%
Dec. 31, 2016 11.96%
Dec. 31, 2015 1.38%
Dec. 31, 2014 13.69%
Dec. 31, 2013 32.39%
Dec. 31, 2012 16.00%
Dec. 31, 2011 2.11%
Dec. 31, 2010 15.06%
Dec. 31, 2009 26.46%
Dec. 31, 2008 -37.00%
12-24-2017 , 09:22 AM
Quote:
Originally Posted by adios
We'll shareholders benefit. Here's an example of some shareholders with substantial assets in stocks that have benefited:

Connecticut State Pension Funds Benifit Greatly by Stock Market Rise
Oh yeah this organization did too:

California Public Employee Retirement System Assets Surge Due to Stock Maret Rise
[indent]

Does the anticipation of higher profits lead to higher stock market valuations? Do higher stock market valuations lead to increases in the value of public sector union pension fund assets? Do increases in the value of public sector union pension fund assets make public sector union workers like teachers and city workers retirement benefits more secure? Go ask a retired teacher collecting retirement benefits if they do.


Will you be here when these ****s cause a recession, and let us know how these pension funds are doing.
12-24-2017 , 11:33 AM
Quote:
Originally Posted by aoFrantic
Again, I know a ton of people are stupid. But, a ton of people can see Trump is cutting education, healthcare, NAFTA and that $20 a week doesn't give them the same value as the cuts they are costing them.
The jobs aren't coming back to the red states in steel, mining etc.

This bill will be a millstone for 2018 and I don't think it's particularly close. The ads about Trump helping his billionaire friends write themselves.
This assumes the dems have half a clue how to attack repubs and relate to voters.

Also it ignores the thorough suppression that is bound to occur.
12-24-2017 , 11:41 AM
Quote:
Originally Posted by adios
We'll shareholders benefit. Here's an example of some shareholders with substantial assets in stocks that have benefited:

Connecticut State Pension Funds Benifit Greatly by Stock Market Rise
Oh yeah this organization did too:

California Public Employee Retirement System Assets Surge Due to Stock Maret Rise
[indent]

Does the anticipation of higher profits lead to higher stock market valuations? Do higher stock market valuations lead to increases in the value of public sector union pension fund assets? Do increases in the value of public sector union pension fund assets make public sector union workers like teachers and city workers retirement benefits more secure? Go ask a retired teacher collecting retirement benefits if they do.
Then it is actually better to not lower them. Just repeatedly create the illusion that taxes will be lowered in the future.

Bc now that the taxes have been lowered, there is nothing to anticipate so such amazing results won't happen again.

Or perhaps something that occurred from June 2016 to june 2017 was not at all influenced by an action from 6 montages later in Dec 2017.
12-24-2017 , 03:48 PM
Something Inso said that is legitimately real troubling is that line about how we were told 2% GDP growth would never happen.

What? Who said that? This is absolutely what the Trump playbook on the economy will be, though, just say that whatever happens way exceeded even the rosiest predictions. Why not? How can the media factcheck that? "Er sir if you look at this think tank paper from 2015 you'll see..." Daddy did a great thing with his TAX CUTS and ECONOMY and VETERANS just like he said he would. Things are great now.
12-24-2017 , 03:50 PM
Quote:
Originally Posted by Jules22
i would camp overnight to vote bernie 2020 fwiw. so yall might save your sermons for inso
We don't believe you about this, man, that's the thing. People who really would do that don't say all the other **** you say.
12-24-2017 , 09:56 PM
Quote:
Originally Posted by Jbrochu
It's so amazing that all the stock market growth and job growth over the last 5 years was totally ignored with the brown guy in office, but now suddenly everything is great under daddy.

S&P 500 32% in 2013 totally ignored because the country was going down the tubes herp derp and only the left and right coasts were benefiting.
Yeah, that deplorable that I went on a date with legitimately thought that the economy had pulled a complete 180 as soon as Trump got into office. When I told her that the economy had been growing since a year into Obama’s presidency, she did a full-on Roy-Moore-campaign-manager blinking silence.
12-24-2017 , 10:12 PM
Quote:
Originally Posted by FlyWf
We don't believe you about this, man, that's the thing. People who really would do that don't say all the other **** you say.
You are unbelievably stupid. Why wouldnt I show up early to vote for a candidate who spent significant time talking about ending the war on drugs, criminal justice reform, and has always been supportive of lgbt community? Should I have shown up early to vote for Shrillary "ultra predators" Clinton?

*dismissive fart noise
12-24-2017 , 10:15 PM
Your posts were more enjoyable when they contained more nuance, now everyone is either a pinko commie like you or a nazi. Excellent content, thanks for showing me a glance at my own secret heart
12-24-2017 , 10:21 PM
Quote:
Originally Posted by Jbrochu
Wow those tax cuts sure are amazing.

S&P 500

Dec. 31, 2017 20.49%
Dec. 31, 2016 11.96%
Dec. 31, 2015 1.38%
Dec. 31, 2014 13.69%
Dec. 31, 2013 32.39%
Dec. 31, 2012 16.00%
Dec. 31, 2011 2.11%
Dec. 31, 2010 15.06%
Dec. 31, 2009 26.46%
Dec. 31, 2008 -37.00%
Raising the market 20% off an already high base is way harder than raising it after an epic crash. Obama was a winning penny stakes player. Donald is crushing high stakes.
12-24-2017 , 10:32 PM
Quote:
Originally Posted by Jules22
You are unbelievably stupid. Why wouldnt I show up early to vote for a candidate who spent significant time talking about ending the war on drugs, criminal justice reform, and has always been supportive of lgbt community? Should I have shown up early to vote for Shrillary "ultra predators" Clinton?

*dismissive fart noise
Because like, slightly earlier in this thread, you were LIVID at people getting self-righteous and scorning Trump voters.

You're really ****ing on the ball about looking for the faintest hint of drug war support from "Shrillary" voters, but all your friends who voted Trump? You don't need to infer that **** from their opinion about bitcoin! They are just openly in favor of it! Jeff Sessions explicitly has rolled back marijuana decriminalization efforts begun by Obama. You were so smug at the libs and loved to own them about the drug war when Obama was in office, but now that Daddy is elected... whoops still owning the libs.


Man, I don't think you get it. I don't think you're an anti-drug war, pro-lgbt, anti-war guy who is lying about voting for Bernie.

I think you're lying about all that ****, if 2020 rolls around you would be ****ing terrified of Bernie taxing your inheritance and there's no ****ing chance you pull the lever for a socialist Jew.
12-24-2017 , 10:33 PM
I, for one, am looking forward to the inevitable crash and tax payer funded Wall St. bailout.
12-24-2017 , 11:14 PM
Lol at taxing my inheritance and socialist Jew. You are brilliantly one note, and a secret heart expert as well
12-24-2017 , 11:23 PM
There was an enormous, HUGE, divide in the criminal justice reform views of the 2016 candidates, my dude. Someone who really gave a **** about that stuff wouldn't call her "Shrillary" and try to pathetically invoke "super predators" to own the libs so half-assedly you forgot what words she used.

Like most "libertarians", you're full of ****. I'm sorry that I apparently am the person to break this to you, "secret heart knowing" ain't that unique of a skillset. Sometimes people are full of ****, and when they are, that can be deduced from their words and actions. People are just too polite to say so to your face, I understand.
12-24-2017 , 11:32 PM
Fly definitely feeling the Christmas spirit.
12-25-2017 , 12:15 AM
12-25-2017 , 12:15 AM
I only celebrate Festivus ldo
12-25-2017 , 11:59 AM
I think when Ron Paul was having his little internet revolution 10 years ago that people genuinely identified with being libertarian. Atleast that sub-set did.

But now it is basically just a way to tell people you follow politics, know the issues but you don't have to be judged for them in a white hot polarizing environment. .
12-25-2017 , 02:34 PM
Off to the inlaws for Christmas dinner. Both have TRUMP bumperstickers on their cars. I figure it has a 30% of ending up in a "**** YOU WE'RE LEAVING" sort of holiday.

MM MD
12-25-2017 , 02:40 PM
Everyone in the fam is liberal besides deplorable dad, will be fun when he tries to turn on fox news which is a lock.
12-28-2017 , 09:58 AM
The IRS' response to people rushing to prepay unassessed property taxes in order to maximize their SALT deduction before it gets got: "LOLU"
12-28-2017 , 11:19 AM
Quote:
Originally Posted by FlyWf
Something Inso said that is legitimately real troubling is that line about how we were told 2% GDP growth would never happen.

What? Who said that? This is absolutely what the Trump playbook on the economy will be, though, just say that whatever happens way exceeded even the rosiest predictions. Why not? How can the media factcheck that? "Er sir if you look at this think tank paper from 2015 you'll see..." Daddy did a great thing with his TAX CUTS and ECONOMY and VETERANS just like he said he would. Things are great now.
In a recent poll, 40% of GOPers believe Obamacare has been repealed.
12-28-2017 , 12:41 PM
Quote:
Originally Posted by Victor
Then it is actually better to not lower them. Just repeatedly create the illusion that taxes will be lowered in the future.

Bc now that the taxes have been lowered, there is nothing to anticipate so such amazing results won't happen again.
This may actually come to pass.

Quote:
Or perhaps something that occurred from June 2016 to june 2017 was not at all influenced by an action from 6 montages later in Dec 2017.
Lot of reasons for rising stock prizes but certainly higher than expected profits mean higher valuations generally speaking. The stock market is one of the govts leading economic indicators.

Retirement Funds Own 37% of publicly traded stocks
Quote:
Of the $22.8 trillion in stock outstanding (not including US ownership of foreign stock and stock owned by "pass-through entities" such as exchange-traded funds), retirement accounts owned roughly 37%, the most of any type of holder.
The point is that when you all rail against corporations you are railing against the owners of those corporations (plus their creditors but we'll leave that alone for now) and the owners of those corporations are the the stock holders. The stock holders that you are railing against in part are public sector unions who own a substanial amount of stock. Throwing 401ks and we're talking the largest group of stock holders. If you have a 401k, pretty sure you'd like to see your investments grow in value.
12-28-2017 , 05:29 PM
How blue states could become the tax screwers instead of the tax screwees

https://www.vox.com/policy-and-polit...orm-republican

Kill individual taxes and shift it instead to businesses' payroll taxes. Businesses would pay no more and individuals may get a slight raise.

DOOOO EEEEEET

      
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