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

12-23-2017 , 10:25 AM
His choice of avatar explains it
12-23-2017 , 10:47 AM
facts dont matter. it doesnt matter that the numbers show that obama, on 2 occasions*, presented hundreds of billions in tax cuts directly to the lower and middle classes. inso0 feels like that didnt happen so it didnt. inso0 doesnt need to google that. he doesnt need your links. his feelings are all that matter and he feels exactly how daddy trump and his sycophants instruct him to feel.

*not to mention the tax benefits that he also provided for small businesses.
12-23-2017 , 11:05 AM
Woke potheads are so bad
12-23-2017 , 12:23 PM
So many people in here allowed themselves to get trolled by Inso0

Gjge
12-23-2017 , 12:39 PM
Quote:
Originally Posted by eyebooger
What the hell is a "social issues voter"?
Wants to smoke pot, doesn't care about anything else.
12-23-2017 , 12:48 PM
Quote:
Originally Posted by Trolly McTrollson
Wants to smoke pot, doesn't care about anything else.
Worked out super well for him, too. Jeffrey Beauregard Sessions III is super supportive of states rights and has no interest in going after pot sellers and users in states where pot is legal.

12-23-2017 , 01:05 PM
I'm not gonna de-rail another thread having nothing to do with the 2016 election. My only input is that I'm still smoking like a chimney, and now my taxes are going down TRUMP 2020 you stupid barnacles!
12-23-2017 , 01:10 PM
Quote:
Originally Posted by Jules22
I'm not gonna de-rail another thread having nothing to do with the 2016 election. My only input is that I'm still smoking like a chimney, and now my taxes are going down TRUMP 2020 you stupid barnacles!


That’s the catch.


Your taxes aren’t going down


Maybe in year 1. Maybe in year 2

But over the next 8 years, you will pay more in taxes.
12-23-2017 , 01:16 PM
Quote:
Originally Posted by TheHip41
That’s the catch.


Your taxes aren’t going down


Maybe in year 1. Maybe in year 2

But over the next 8 years, you will pay more in taxes.
Smells like fake news. And as somebody who voted for trump by proxy I know that can't be trusted because libruls. Try to find some cuck to peddle that too.

On a non sarcastic point, the man who voted for trump because his taxes go down is voting for his self interest if I'm not mistaken? Why is he scorned so severely for voting for his own interest when at the same time poors who vote trump are scorned so severely for voting against their own interest?

No winning unless you're pulling the D lever, whatever makes you feel self righteous in the morning I suppose
12-23-2017 , 02:21 PM
he's mostly scorned for being gullible enough to believe for a second that the actions of the GOP are ever in his interests.


edit : well financial interest anyway. if you're into liberal tears and racist rhetoric they got your back.
12-23-2017 , 02:36 PM
Even presuming that the Hypothetical GOP Voter was simply "voting in his self interest" in order to pay less taxes, he's doing it at the expense of others' well being and short sightedly overlooking that the cost of his tax break comes at the expense of various social programs and government investment, much of which he and his friends/family are beneficiaries of

In short, he is a stupid selfish *******
12-23-2017 , 02:40 PM
Meanwhile rich people benefit from a more stable and productive society, and arent harmed in the least bit by having to throw an extra bone to some poors and the middle class. It is not comparable on any level, but i wouldnt expect a pothead who didnt realize the GOP wasnt going to make it easier for him to blaze to have the mental fortitude to understand
12-23-2017 , 03:25 PM
Quote:
Originally Posted by Jules22

On a non sarcastic point, the man who voted for trump because his taxes go down is voting for his self interest if I'm not mistaken? Why is he scorned so severely for voting for his own interest when at the same time poors who vote trump are scorned so severely for voting against their own interest?
I don't think anyone signed up for a massive tax cut for the rich, which is why this tax bill has historically low support. And Donald Trump specifically said he would raise taxes on the rich.

So I don't think it is unfair to criticize people for trusting a known swindler who has never done anything in his life that hasn't personally benefited himself.

I don't think anyone is dumb enough to believe that they will see any actual benefits from this tax bill, since it is simply exploding the deficit, which is basically giving people money from their credit card account. And I think the bill's low level of support, as well as Trump's, reflects that people are now waking up to the fact that they have been swindled, just like anyone else who has ever dealt with Trump has inevitably realized.
12-23-2017 , 04:03 PM
Quote:
Originally Posted by jsb235
I don't think anyone is dumb enough
Whatever you wrote after here is wrong.
12-23-2017 , 04:04 PM
i would camp overnight to vote bernie 2020 fwiw. so yall might save your sermons for inso
12-23-2017 , 04:48 PM
Quote:
Originally Posted by Jules22
Smells like fake news. And as somebody who voted for trump by proxy I know that can't be trusted because libruls. Try to find some cuck to peddle that too.



On a non sarcastic point, the man who voted for trump because his taxes go down is voting for his self interest if I'm not mistaken? Why is he scorned so severely for voting for his own interest when at the same time poors who vote trump are scorned so severely for voting against their own interest?



No winning unless you're pulling the D lever, whatever makes you feel self righteous in the morning I suppose


If you make 500,000 a year. This tax plan helps you


If you are in the 150,000-500,000 a year it’s a small
Win to neutral


If you make less than that, it’s neutral to negatives



It’s from the CBO scoring


Based on your posting history I’m assuming you are in the less than 100,000 category.
12-23-2017 , 04:59 PM
lol good read. i did make 100k last year but its not a routine for sure. this year for example not nearly that but i worked way less, worth it
12-23-2017 , 05:57 PM
Quote:
Originally Posted by dth123451
Woke potheads are so bad
Sessions is trying to take care of them. I mean i think it should be legal but it would be nice for trumps libertarian fans to get a comeuppance.
12-23-2017 , 06:02 PM
Inso,

https://tradingeconomics.com/united-...mployment-rate
click on 10 years for the graph

I could post the stock market too, but I'm lazy

edit: couldn't post the graph, would just show the non 10 year version.
12-23-2017 , 07:51 PM
Quote:
Originally Posted by TiltedDonkey
Give 'em $1k in one shot, maybe it makes a difference. $1k spread out $38 at a time.. no ****ing way.
Disagree with this. I think you underestimate how much people can be swayed by a few extra bucks.

It's not that the extra few bucks will make a big impact... it's the idea that Trump did something for them (when the tax and spend dems just want to keep taking more of their money).

It's all false of course... all it is are some crumbs to distract from the massive giveaway to corporations and the rich. But the perception is what matters. As unpopular as this bill is according to polls, it will be a big help to Trump's approval and to the GOP in 2018 elections.
12-23-2017 , 11:45 PM
Today's entry from my Rep. Lol, "thousands of jobs" for
America.

https://twitter.com/RepAndyBiggsAZ/s...56450311548928
12-24-2017 , 12:59 AM
Quote:
Originally Posted by revots33
Disagree with this. I think you underestimate how much people can be swayed by a few extra bucks.

It's not that the extra few bucks will make a big impact... it's the idea that Trump did something for them (when the tax and spend dems just want to keep taking more of their money).

It's all false of course... all it is are some crumbs to distract from the massive giveaway to corporations and the rich. But the perception is what matters. As unpopular as this bill is according to polls, it will be a big help to Trump's approval and to the GOP in 2018 elections.
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.
12-24-2017 , 01:42 AM
Populism!

Quote:
President Trump kicked off his holiday weekend at Mar-a-Lago Friday night at a dinner where he told friends, "You all just got a lot richer," referencing the sweeping tax overhaul he*signed into law hours earlier. Mr. Trump directed those comments to friends dining nearby at the exclusive club — including to two friends at a table near the president's who described the remark to CBS News — as he began his final days of his first year in office in what has become known as the "Winter White House."*
https://www.cbsnews.com/news/trump-m...hristmas-trip/
12-24-2017 , 07:39 AM
Quote:
Originally Posted by revots33
Disagree with this. I think you underestimate how much people can be swayed by a few extra bucks.

It's not that the extra few bucks will make a big impact... it's the idea that Trump did something for them (when the tax and spend dems just want to keep taking more of their money).

It's all false of course... all it is are some crumbs to distract from the massive giveaway to corporations and the rich. But the perception is what matters. As unpopular as this bill is according to polls, it will be a big help to Trump's approval and to the GOP in 2018 elections.
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
Quote:
The Teachers’ Retirement Fund and the State Employees’ Retirement Fund posted returns of 14.4 percent and 14.34 percent, respectively, for the fiscal year that ended June 30. The state’s projections for the two funds were 8 percent and 6.9 percent.

Those two funds account for 90 percent of the state’s $32.4 billion in pension accounts. The average return across all investments was 14.20 percent.

This year’s returns were driven by strong performances in three international and domestic stock funds, where more than half of the pension funds are invested. Over the same period of time, the S&P 500 index grew 17.64 percent.
Oh yeah this organization did too:

California Public Employee Retirement System Assets Surge Due to Stock Maret Rise
Quote:
SACRAMENTO, CA - The California Public Employees' Retirement System today reported a preliminary 11.2 percent net return on investments for the 12-month period that ended June 30, 2017. CalPERS assets at the end of the fiscal year stood at more than $323 billion.

The strongest returns came from the Public Equity Program, which generated a 19.7 percent return. Private Equity's preliminary net returns were 13.9 percent, followed by Real Estate, with preliminary net returns of 7.6 percent.

Based on these preliminary fiscal year returns, the funded status of the overall CalPERS fund is an estimated 68 percent, an increase of 3 percentage points from the previous fiscal year. This estimate is based on a 7 percent discount rate.

"I am proud of our investment team for achieving double digit returns this year," said Ted Eliopoulos, CalPERS chief investment officer. "Our globally diversified portfolio performed well across most asset classes, and we were able to take advantage of what the market gave us. However, I want to emphasize that as pleased as we are with this one-year return, our focus is always on the long-term. We invest for decades, not years."
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.

Last edited by adios; 12-24-2017 at 07:59 AM.
12-24-2017 , 07:52 AM
From the fiscal year that ended June 30th.

lol

      
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