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The Presidency of Donald J. Trump: No smocking guns. The Presidency of Donald J. Trump: No smocking guns.

05-04-2017 , 01:39 PM
The swamp is gonna be so drained in a few years.


https://twitter.com/KThomasDC/status/860164411331399680
05-04-2017 , 01:44 PM
Quote:
Originally Posted by Shuffle
I disagree on a couple of points. One, "where there is a dollar to be made, someone will make it"...tax policy can determine whether there is a dollar to be made at all. "Lowering the top rate does not necessarily correlate with increased investment"...I think the correlation is very high. Whether that increased investment is productive or not depends.
Apologies for jumping in here:

We care about investment not for its own sake, but because we care about GDP growth. I'll be naive and observe that top individual income tax rates were >=70% until Reagan, then <=40% after that, yet there is no discernable difference in GDP growth rate. Where do you see the correlation between top tax rate and growth?

https://www.brookings.edu/research/e...onomic-growth/

Lowering the corporate tax rate to compete with other countries is perhaps sensible (Mexico 30%, others ~25%) but 15% is a door in the face the same way $15/hr is for min-wage folks. Do we have a good estimate of how much business is lost due to tax competition?
05-04-2017 , 01:49 PM
Quote:
Originally Posted by wheatrich
House also voting to kill dodd frank.
Thought they already did this.

Quote:
Originally Posted by Shuffle
Republican health care bill getting killed this morning. Can't see any way this isn't political suicide for them. Especially with the way Wisconsin tilted heavily at the end of the election because of rising Obamacare costs, I think Ryan may not even get re-elected next year.
You've got a bunch of Trump supporters who will be affected by losing their health care yet 96% don't regret their vote. They've rationalized everything he's done up to now no matter bad it was and will continue to do so in order to avoid cognitive dissonance. They're no different from Scientologists in that regard.
05-04-2017 , 01:54 PM
Quote:
Originally Posted by Man of Means
Apologies for jumping in here:

We care about investment not for its own sake, but because we care about GDP growth. I'll be naive and observe that top individual income tax rates were >=70% until Reagan, then <=40% after that, yet there is no discernable difference in GDP growth rate. Where do you see the correlation between top tax rate and growth?

https://www.brookings.edu/research/e...onomic-growth/

Lowering the corporate tax rate to compete with other countries is perhaps sensible (Mexico 30%, others ~25%) but 15% is a door in the face the same way $15/hr is for min-wage folks. Do we have a good estimate of how much business is lost due to tax competition?
How much tax dollars are lost because of corporate tax policies?

Put another way, forcing corporations to locate their corp headquarters in another country, how much does this country miss out on collecting?

Last edited by raradevils; 05-04-2017 at 02:01 PM.
05-04-2017 , 02:01 PM
Quote:
Originally Posted by SuperUberBob
Thought they already did this.



You've got a bunch of Trump supporters who will be affected by losing their health care yet 96% don't regret their vote. They've rationalized everything he's done up to now no matter bad it was and will continue to do so in order to avoid cognitive dissonance. They're no different from Scientologists in that regard.
This is all true but keep in mind they havent even touched medicare (which is wildy popular amongst olds, go figure) in the new ahca proposals
05-04-2017 , 02:11 PM
Quote:
Originally Posted by raradevils
How much tax dollars are lost because of corporate tax policies?

Put another way, forcing corporations to locate their corp headquarters in another country, how much does this country miss out on collecting?
That's the question I asked. But you're only looking at one side of the cost-benefit analysis. The benefit of higher tax rate is more revenue from corporations that remain. The cost is lower revenue from those who move.
To answer the question, we need an estimate of each.
05-04-2017 , 02:20 PM
Quote:
Originally Posted by FlyWf
Oh and anyone making an accelerationist argument that Trump will heighten the contradictions or whatever and result in a wave election for the DSA in 2020 so we get a UBI and single payer and ****?

Tell that to the people who die after the GOP takes away their health insurance. That's a totally valid and reasonable argument on the merits, I accept it, but the only people I'll listen to making it are people who are currently involved in a violent revolution against the state. You make that argument from a prison cell after shooting up a yacht club or firebombing ALEC, sure, but otherwise? That's some Douglas Haig bull****, it's easy to be glib about causalities when nobody you know will be one of them.
I've mentioned it in the OCare threadzilla, but I'll put it out there here as well. I very well could be one of those people.

I was diagnosed with renal cancer just over a year ago. No need to go into treatment specifics, but the bottom line is prognoses are very good if it's caught before it has spread beyond the kidney. If it's not caught until after metastasis it is essentially a death sentence, UNLESS the metastases can be completely removed.

It's been a year now post nephrectomy and I still don't show any evidence of metastasis (GREAT!). But my tumor was advanced enough that it is still a very large concern. If any mets were to show up pretty much my only chance is for them to be detected early enough that they are still small and can be removed. The typical timeline for them to show up is within 3-5 years which means I currently have enormous medical bills for the next 2-4 years until the monitoring frequency can be scaled back.

I have fantastic insurance through my employer that costs about $8500/yr (100% employer covered) in premiums plus maybe another $1000 in copays. Paying cash without insurance that probably goes up to ~$12k/yr in direct costs. If for any reason I would lose the insurance (say our small group insurer dumps us due to my expenses) I would probably still be able to afford it. Good luck to the overwhelming majority of people who couldn't. If I were to be laid off as well, good luck to me too.

And good luck to me if any metastases would be found in either case. Hundreds of thousands of dollars out of pocket? haha no.
05-04-2017 , 02:23 PM
These Republicans chanting "Na Na Na Hey Hey Hey Goodbye" are some sick, evil people. **** these tools ESP Paul Ryan.
05-04-2017 , 02:27 PM
Quote:
Originally Posted by +rep_lol
This is all true but keep in mind they havent even touched medicare (which is wildy popular amongst olds, go figure) in the new ahca proposals
The AARP disagrees and says it makes it insolvent four years faster.
05-04-2017 , 02:28 PM
Quote:
Originally Posted by ASAP17
These Republicans chanting "Na Na Na Hey Hey Hey Goodbye" are some sick, evil people. **** these tools ESP Paul Ryan.
Apparently this was Democrats, all of Congress are a bunch of children.
05-04-2017 , 02:29 PM
The fuq? As a way of saying those who voted yes are going to be removed in reelection? I agree but that's childish as ****
05-04-2017 , 02:32 PM
Quote:
Originally Posted by master3004
The fuq? As a way of saying those who voted yes are going to be removed in reelection? I agree but that's childish as ****
It will only matter if it actually gets passed, there is still plenty of work to go before the final bill gets before Trump.

Childish, yes both parties don't do what they should to make life better for most Americans.
05-04-2017 , 02:53 PM
Republicans hurt millions of people today. It's likely their proudest moment.
05-04-2017 , 02:57 PM
Quote:
Originally Posted by TheHip41
No they wont.

The people that voted for Trump are voting for Republicans. Their representatives voting yes on this bill wont be committing political suicide because the people that vote for R's are ****ing ******ed.
That's not why they will lose. Everyone knows the Trumpkins are forever on the Trump Train and voting R.

But millions of people that don't vote now have a reason to vote. That's why the R's will lose.

That's the theory anyway. Whether it occurs or not is up for debate.
05-04-2017 , 02:58 PM


okay den
05-04-2017 , 03:15 PM
So does this get passed the Senate without being changed?
05-04-2017 , 03:25 PM
Paul Ryan is scum. No other way to describe that smirk on his face.
05-04-2017 , 03:28 PM
Quote:
Originally Posted by poconoder
The exact same question asked when Obamacare was passed.
Proof you have no idea what you are talking about.
05-04-2017 , 03:31 PM
Quote:
Originally Posted by SuperUberBob
So does this get passed the Senate without being changed?
as is, no but that doesn't mean something slightly less awful doesn't get through the senate. Pence will approve whatever so they need 3 R's to block and there's only 2 R women, if either cares enough to vote against it (usually only when it'll pass without their vote anyway).
05-04-2017 , 03:32 PM
Quote:
Originally Posted by ASAP17
Paul Ryan is scum. No other way to describe that smirk on his face.
No question he went into a restroom stall and jerked off looking at pictures of himself afterwards.
05-04-2017 , 03:33 PM
This ****ing press conference is making me sick "we are going to protect pre existing conditions" You lying piece of garbage.
05-04-2017 , 03:36 PM
Quote:
Originally Posted by cuserounder
The AARP disagrees and says it makes it insolvent four years faster.
ah, ok my bad. unsurprising that that little tidbit is getting approximately zero play in the media
05-04-2017 , 03:38 PM
Every single one of them lie like ****ing dogs. "We said no, we won't do this in one or two days, we have to take our time on this."

No mother****er, You tried to push through garbage and couldn't get voted. This wasn't a voluntary delay.

Lying ****ing scum
05-04-2017 , 03:39 PM
Quote:
Originally Posted by SuperUberBob
So does this get passed the Senate without being changed?
I think senate replace the entire bill, pass it then put it back on the house who will then pretty much be cornered to pass whatever comes back.
05-04-2017 , 03:40 PM
dogs are way too awesome to be compared to these spineless pieces of ****ing worthless human garbage

      
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