RE: Do you Support President Trump's Big Tax Cuts and Reforms (Full Version)

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[Poll]

Do you Support President Trump's Big Tax Cuts and Reforms


Yes
  6% (2)
No
  56% (17)
I would need to see the exact specifics before I can decide.
  36% (11)


Total Votes : 30
(last vote on : 10/18/2024 11:01:51 AM)
(Poll will run till: -- )


Message

DesideriScuri -> RE: Do you Support President Trump's Big Tax Cuts and Reforms (10/5/2017 7:49:19 AM)

quote:

ORIGINAL: itsSIRtou
ds,.... the ultimate profit for that vehicle no matter where its built, goes to the parent companies bottom line, wherever that companies headquartered.


Then Chrysler, Jeep, and Dodge are not American nameplates anymore. Try pulling that one out on a UAW member.

quote:

For example, Medtronic, a long time Minnesota company, in a strategic move, "inverted" & transferred its home offices to Ireland, where it now pays a third of the taxes it paid in the US.
Guess what? That means its profits, AND GDP is now also claimed by Ireland. and it STILL gets to keep the $40M in US federal contracts it has acquired. Not to mention allsorts of other perks of a US company,


$40M in US Federal contracts? So what? Are you going to attempt to make the claim that ONLY US-American companies, based in the US should be eligible for Federal contracts? Ready for the Federal Government to start paying a shit ton more for those contracts because you're eliminating competitors?

quote:

Like the majority of the benefits of US citizenship. OH sure, Medtronic, hired more people, and those people pay taxes, buy things, etc.,. BUT.... that doesn't make up for the $3 BILLION in taxes EVERY YEAR that doesn't go into US coffers. and THAT $3B in taxes is what we all have to make up for.


Maybe companies don't leave if the tax codes were fair or less uneven? Btw, Medtronic still pays taxes on all the business it does in the US, just like before.

quote:

NOW,.....let Me make this clear...... I am all for a TRUE MIDDLE CLASS TAX CUT. - families and individuals. and poor people.
NOT one thin dime of a tax cut to the wealthy, or the majority of big corporations, big business without strings attached,
to Me, the wealthy and big corporations don't need another bundle of money to not create jobs with. which job creation is one of the bullshit selling points for the tax cuts in the first place.
u like the wealthy so much? keep giving them ur wallet and see what u get back from them. keep giving the wealthy tax cuts with no strings attached and that's all ur doing.


First of all, how do you define the "Middle Class?" That will make any sort of math easier and less ambiguous.

I completely oppose "strings attached" unless it applies to everyone evenly. Reductions in taxes is a reduction in the amount of money government is taking away from you. That is, they are taking less of your money. Your money. Anyone should be free to choose where they spend their own money.

I would support a progressive tax bracket structure, though I much prefer a consumption tax (with a few tax-free categories). I absolutely support closing all loopholes (save for charitable giving and double taxation).

quote:

So far the only thing they given u or anybody so far from tax cuts is more space between u and them for total net worth....how stupid is that???


Why the fuck do you care how much more they have than you?!? Why not just give a fuck how much you have?

quote:

IF the reason for giving a tax cut is for job creation, then its not too damn much to demand & make them ACTUALLY create jobs with it....
Now, u and I have had some good debates,...but, How does that NOT make sense to u??
to be simplistic.... If I ask u for money for a particular reason and u give it to Me, (TWICE!!) but I instead I go buy or do something else with it altogether, why should u keep giving Me more money OR....not demand I spend it for the reason I told u?


Because they are not "giving" them money. That money starts off belonging to them, not the government. They should have the authority to dictate where their money goes, shouldn't they?

quote:

PS.....its nicknamed "VOODOO economics" for a darn good reason...


To make it sound scary and spooky. I know.



MrRodgers -> RE: Do you Support President Trump's Big Tax Cuts and Reforms (10/5/2017 9:14:53 AM)

Look we can all preach about how people get to keep more of their money and most will spend it. However, to do that via revenue reduction is to put that spending on our children and their children.

According to a 2012 study published in the Economist, rapid growth in private debt is a better predictor of recessions than increases in public debt, growth in money supply, or trade imbalances. Consumer credit in the US rose by 22 percent over the last three years, reaching a record-high $3.18 trillion in April, the Fed reported on Friday.

When Reagan took office, total credit card debt alone $500 billion. When Reagan left office it had tripled $1.5 trillion. As of this study in 2012 it has tripled again to $3 trillion.

So if anything, more money in the hands of consumers one would reason, would prompt a reduction in debt but that doesn't happen except in the extreme as did after TARP. Americans were paying down debt at $7 million/DAY. Now credit is back in stile.

Other studies have suggested that the American consumer is now tapped out. So until the American consumer can attain the jobs that would provide for such consumption...debt and more debt rulles the day.

HERE



DesideriScuri -> RE: Do you Support President Trump's Big Tax Cuts and Reforms (10/5/2017 9:33:16 AM)

quote:

ORIGINAL: MrRodgers
Look we can all preach about how people get to keep more of their money and most will spend it. However, to do that via revenue reduction is to put that spending on our children and their children.


That's only as long as you accept current spending levels....

quote:

According to a 2012 study published in the Economist, rapid growth in private debt is a better predictor of recessions than increases in public debt, growth in money supply, or trade imbalances. Consumer credit in the US rose by 22 percent over the last three years, reaching a record-high $3.18 trillion in April, the Fed reported on Friday.
When Reagan took office, total credit card debt alone $500 billion. When Reagan left office it had tripled $1.5 trillion. As of this study in 2012 it has tripled again to $3 trillion.
So if anything, more money in the hands of consumers one would reason, would prompt a reduction in debt but that doesn't happen except in the extreme as did after TARP. Americans were paying down debt at $7 million/DAY. Now credit is back in stile.
Other studies have suggested that the American consumer is now tapped out. So until the American consumer can attain the jobs that would provide for such consumption...debt and more debt rulles the day.
HERE


One of the reasons I opposed Bush's bailout of BearStearns and the rest of his bailouts, was because it did little but prop up a failing structure. "But we'll go into a full depression" many on here railed. Yup. I figured it would. Do I want a depression in the US? Fuck no. Do I think we need a depression in the US? I'm kinda leaning that way.

We need a reset and overhaul. Everything costs way too much. The vast majority of people are more concerned with the next best thing (NBT®) and consumption. That needs to change, and the sooner, the better. The USA can't continue on the road it's on. It's going to destroy itself.



itsSIRtou -> RE: Do you Support President Trump's Big Tax Cuts and Reforms (10/5/2017 12:43:01 PM)

quote:

ORIGINAL: DesideriScuri

quote:

ORIGINAL: itsSIRtou
ds,.... the ultimate profit for that vehicle no matter where its built, goes to the parent companies bottom line, wherever that companies headquartered.


Then Chrysler, Jeep, and Dodge are not American nameplates anymore. Try pulling that one out on a UAW member.

quote:

For example, Medtronic, a long time Minnesota company, in a strategic move, "inverted" & transferred its home offices to Ireland, where it now pays a third of the taxes it paid in the US.
Guess what? That means its profits, AND GDP is now also claimed by Ireland. and it STILL gets to keep the $40M in US federal contracts it has acquired. Not to mention allsorts of other perks of a US company,


$40M in US Federal contracts? So what? Are you going to attempt to make the claim that ONLY US-American companies, based in the US should be eligible for Federal contracts? Ready for the Federal Government to start paying a shit ton more for those contracts because you're eliminating competitors?

quote:

Like the majority of the benefits of US citizenship. OH sure, Medtronic, hired more people, and those people pay taxes, buy things, etc.,. BUT.... that doesn't make up for the $3 BILLION in taxes EVERY YEAR that doesn't go into US coffers. and THAT $3B in taxes is what we all have to make up for.


Maybe companies don't leave if the tax codes were fair or less uneven? Btw, Medtronic still pays taxes on all the business it does in the US, just like before.

quote:

NOW,.....let Me make this clear...... I am all for a TRUE MIDDLE CLASS TAX CUT. - families and individuals. and poor people.
NOT one thin dime of a tax cut to the wealthy, or the majority of big corporations, big business without strings attached,
to Me, the wealthy and big corporations don't need another bundle of money to not create jobs with. which job creation is one of the bullshit selling points for the tax cuts in the first place.
u like the wealthy so much? keep giving them ur wallet and see what u get back from them. keep giving the wealthy tax cuts with no strings attached and that's all ur doing.


First of all, how do you define the "Middle Class?" That will make any sort of math easier and less ambiguous.

I completely oppose "strings attached" unless it applies to everyone evenly. Reductions in taxes is a reduction in the amount of money government is taking away from you. That is, they are taking less of your money. Your money. Anyone should be free to choose where they spend their own money.

I would support a progressive tax bracket structure, though I much prefer a consumption tax (with a few tax-free categories). I absolutely support closing all loopholes (save for charitable giving and double taxation).

quote:

So far the only thing they given u or anybody so far from tax cuts is more space between u and them for total net worth....how stupid is that???


Why the fuck do you care how much more they have than you?!? Why not just give a fuck how much you have?

quote:

IF the reason for giving a tax cut is for job creation, then its not too damn much to demand & make them ACTUALLY create jobs with it....
Now, u and I have had some good debates,...but, How does that NOT make sense to u??
to be simplistic.... If I ask u for money for a particular reason and u give it to Me, (TWICE!!) but I instead I go buy or do something else with it altogether, why should u keep giving Me more money OR....not demand I spend it for the reason I told u?


Because they are not "giving" them money. That money starts off belonging to them, not the government. They should have the authority to dictate where their money goes, shouldn't they?

quote:

PS.....its nicknamed "VOODOO economics" for a darn good reason...


To make it sound scary and spooky. I know.



well introduce that previously unknowing UAW member to an actual economics major and I'm pretty sure They will be damn surprised where the ultimate profits and taxes for his labor goes to.

Those nameplates are American but that's where it ends. The final profits, Taxes, and GDP are in Italia's coffers. Bon Appetit!!.... (er, sorry thats French, but u get the idea...)

http://quote.morningstar.com/stock-filing/Annual-Report/2016/12/31/t.aspx?t=:FCAU&ft=20-F/A&d=67af96fce38795963770ef1d200697c8 .......this is Fiat's 2017 annual report. Read and learn My friend.

And since we get along, I'm going to try and shorten ur search for the truth by suggesting clicking on links: • EXHIBIT 99.1 FCA BANK 16/15  • EXHIBIT 99.2 FCA BANK 15/14 once u get there.... pick one or the other,

...after that I'm going to tell u what My business economics teacher demanded of Me: read the whole thing.... slowly. I will trust in ur intelligence to find & see the truth.

Medtronic's & Chrysler got to where they are by different means, but the end result is the same.... they are now both European owned companies who pay (less) European taxes, which gives Medtronics huge advantages over American based companies in bidding for US government contracts.

I give a fuck about what wealthy people & corporations have when its at My own expense beyond buying their products.

I don't know what rock hit u in ur head that u don't think that if they don't pay BILLIONS in taxes that >>>> u <<<<< don't make up for that loss in tax revenue somewhere???

Oh wait .....maybe ur gonna drive around with a full car of asphalt to fix potholes on the national interstate Highways when needed right?

hey lets call Pres. rump and tell him u would rather foot the bill for the:

2 Aircraft carriers.................$12. billion each
11 Attack submarines ...........$2.7 billion each
10 Destroyers.......................$2.8 billion each
12 Littoral combat ships..........$900. million each (est.)

that alone is $10,881,700,000,000.00 (give or take a decimal point.)

and that's JUST a chunk of the Navy future spending ideas.....and the rest of the military has similar spending budgets.

and ur going to tell Me that u don't care if the upper 1% of American's have >>> u <<<< foot THIS bill and any other government expense, while they go buy another luxury item with the money they told u they were going to create jobs for Americans with???

what are u? a throwback to feudalism?? Like somewhere in the 1500's?? is there something in ur DNA that u just HAVE to make someone ELSE more wealthy at ur OWN expense?





https://pilotonline.com/news/military/how-the-new-military-budget-affects-navy-warships/article_1901eb5d-e100-5c4c-8aed-2585ce7f2da9.html (www.finance.hq.navy.mil/fmb/15pres/Highlights_book.pdf)



jlf1961 -> RE: Do you Support President Trump's Big Tax Cuts and Reforms (10/5/2017 12:47:53 PM)

I will support it if I win the power ball saturday!



DesideriScuri -> RE: Do you Support President Trump's Big Tax Cuts and Reforms (10/5/2017 1:52:29 PM)

quote:

ORIGINAL: itsSIRtou
quote:

ORIGINAL: DesideriScuri
quote:

ORIGINAL: itsSIRtou
ds,.... the ultimate profit for that vehicle no matter where its built, goes to the parent companies bottom line, wherever that companies headquartered.

Then Chrysler, Jeep, and Dodge are not American nameplates anymore. Try pulling that one out on a UAW member.
quote:

For example, Medtronic, a long time Minnesota company, in a strategic move, "inverted" & transferred its home offices to Ireland, where it now pays a third of the taxes it paid in the US.
Guess what? That means its profits, AND GDP is now also claimed by Ireland. and it STILL gets to keep the $40M in US federal contracts it has acquired. Not to mention allsorts of other perks of a US company,

$40M in US Federal contracts? So what? Are you going to attempt to make the claim that ONLY US-American companies, based in the US should be eligible for Federal contracts? Ready for the Federal Government to start paying a shit ton more for those contracts because you're eliminating competitors?
quote:

Like the majority of the benefits of US citizenship. OH sure, Medtronic, hired more people, and those people pay taxes, buy things, etc.,. BUT.... that doesn't make up for the $3 BILLION in taxes EVERY YEAR that doesn't go into US coffers. and THAT $3B in taxes is what we all have to make up for.

Maybe companies don't leave if the tax codes were fair or less uneven? Btw, Medtronic still pays taxes on all the business it does in the US, just like before.
quote:

NOW,.....let Me make this clear...... I am all for a TRUE MIDDLE CLASS TAX CUT. - families and individuals. and poor people.
NOT one thin dime of a tax cut to the wealthy, or the majority of big corporations, big business without strings attached,
to Me, the wealthy and big corporations don't need another bundle of money to not create jobs with. which job creation is one of the bullshit selling points for the tax cuts in the first place.
u like the wealthy so much? keep giving them ur wallet and see what u get back from them. keep giving the wealthy tax cuts with no strings attached and that's all ur doing.

First of all, how do you define the "Middle Class?" That will make any sort of math easier and less ambiguous.
I completely oppose "strings attached" unless it applies to everyone evenly. Reductions in taxes is a reduction in the amount of money government is taking away from you. That is, they are taking less of your money. Your money. Anyone should be free to choose where they spend their own money.
I would support a progressive tax bracket structure, though I much prefer a consumption tax (with a few tax-free categories). I absolutely support closing all loopholes (save for charitable giving and double taxation).
quote:

So far the only thing they given u or anybody so far from tax cuts is more space between u and them for total net worth....how stupid is that???

Why the fuck do you care how much more they have than you?!? Why not just give a fuck how much you have?
quote:

IF the reason for giving a tax cut is for job creation, then its not too damn much to demand & make them ACTUALLY create jobs with it....
Now, u and I have had some good debates,...but, How does that NOT make sense to u??
to be simplistic.... If I ask u for money for a particular reason and u give it to Me, (TWICE!!) but I instead I go buy or do something else with it altogether, why should u keep giving Me more money OR....not demand I spend it for the reason I told u?

Because they are not "giving" them money. That money starts off belonging to them, not the government. They should have the authority to dictate where their money goes, shouldn't they?
quote:

PS.....its nicknamed "VOODOO economics" for a darn good reason...

To make it sound scary and spooky. I know.


well introduce that previously unknowing UAW member to an actual economics major and I'm pretty sure They will be damn surprised where the ultimate profits and taxes for his labor goes to.
Those nameplates are American but that's where it ends. The final profits, Taxes, and GDP are in Italia's coffers. Bon Appetit!!.... (er, sorry thats French, but u get the idea...)
http://quote.morningstar.com/stock-filing/Annual-Report/2016/12/31/t.aspx?t=:FCAU&ft=20-F/A&d=67af96fce38795963770ef1d200697c8 .......this is Fiat's 2017 annual report. Read and learn My friend.
And since we get along, I'm going to try and shorten ur search for the truth by suggesting clicking on links: • EXHIBIT 99.1 FCA BANK 16/15  • EXHIBIT 99.2 FCA BANK 15/14 once u get there.... pick one or the other,
...after that I'm going to tell u what My business economics teacher demanded of Me: read the whole thing.... slowly. I will trust in ur intelligence to find & see the truth.
Medtronic's & Chrysler got to where they are by different means, but the end result is the same.... they are now both European owned companies who pay (less) European taxes, which gives Medtronics huge advantages over American based companies in bidding for US government contracts.
I give a fuck about what wealthy people & corporations have when its at My own expense beyond buying their products.
I don't know what rock hit u in ur head that u don't think that if they don't pay BILLIONS in taxes that >>>> u <<<<< don't make up for that loss in tax revenue somewhere???
Oh wait .....maybe ur gonna drive around with a full car of asphalt to fix potholes on the national interstate Highways when needed right? u would rather foot the bill


Considering fixing potholes is supposed to come out of the taxes we pay for fuel......

So, your reaction to corporations leaving for other places for lower taxes, is to not make the US tax structure more competitive? That's not likely to make things better.

Government revenues are at or near record highs. It's spending that's the problem in the US.



MrRodgers -> RE: Do you Support President Trump's Big Tax Cuts and Reforms (10/5/2017 4:18:28 PM)

quote:

ORIGINAL: DesideriScuri

quote:

ORIGINAL: itsSIRtou
quote:

ORIGINAL: DesideriScuri
quote:

ORIGINAL: itsSIRtou
ds,.... the ultimate profit for that vehicle no matter where its built, goes to the parent companies bottom line, wherever that companies headquartered.

Then Chrysler, Jeep, and Dodge are not American nameplates anymore. Try pulling that one out on a UAW member.
quote:

For example, Medtronic, a long time Minnesota company, in a strategic move, "inverted" & transferred its home offices to Ireland, where it now pays a third of the taxes it paid in the US.
Guess what? That means its profits, AND GDP is now also claimed by Ireland. and it STILL gets to keep the $40M in US federal contracts it has acquired. Not to mention allsorts of other perks of a US company,

$40M in US Federal contracts? So what? Are you going to attempt to make the claim that ONLY US-American companies, based in the US should be eligible for Federal contracts? Ready for the Federal Government to start paying a shit ton more for those contracts because you're eliminating competitors?
quote:

Like the majority of the benefits of US citizenship. OH sure, Medtronic, hired more people, and those people pay taxes, buy things, etc.,. BUT.... that doesn't make up for the $3 BILLION in taxes EVERY YEAR that doesn't go into US coffers. and THAT $3B in taxes is what we all have to make up for.

Maybe companies don't leave if the tax codes were fair or less uneven? Btw, Medtronic still pays taxes on all the business it does in the US, just like before.
quote:

NOW,.....let Me make this clear...... I am all for a TRUE MIDDLE CLASS TAX CUT. - families and individuals. and poor people.
NOT one thin dime of a tax cut to the wealthy, or the majority of big corporations, big business without strings attached,
to Me, the wealthy and big corporations don't need another bundle of money to not create jobs with. which job creation is one of the bullshit selling points for the tax cuts in the first place.
u like the wealthy so much? keep giving them ur wallet and see what u get back from them. keep giving the wealthy tax cuts with no strings attached and that's all ur doing.

First of all, how do you define the "Middle Class?" That will make any sort of math easier and less ambiguous.
I completely oppose "strings attached" unless it applies to everyone evenly. Reductions in taxes is a reduction in the amount of money government is taking away from you. That is, they are taking less of your money. Your money. Anyone should be free to choose where they spend their own money.
I would support a progressive tax bracket structure, though I much prefer a consumption tax (with a few tax-free categories). I absolutely support closing all loopholes (save for charitable giving and double taxation).
quote:

So far the only thing they given u or anybody so far from tax cuts is more space between u and them for total net worth....how stupid is that???

Why the fuck do you care how much more they have than you?!? Why not just give a fuck how much you have?
quote:

IF the reason for giving a tax cut is for job creation, then its not too damn much to demand & make them ACTUALLY create jobs with it....
Now, u and I have had some good debates,...but, How does that NOT make sense to u??
to be simplistic.... If I ask u for money for a particular reason and u give it to Me, (TWICE!!) but I instead I go buy or do something else with it altogether, why should u keep giving Me more money OR....not demand I spend it for the reason I told u?

Because they are not "giving" them money. That money starts off belonging to them, not the government. They should have the authority to dictate where their money goes, shouldn't they?
quote:

PS.....its nicknamed "VOODOO economics" for a darn good reason...

To make it sound scary and spooky. I know.


well introduce that previously unknowing UAW member to an actual economics major and I'm pretty sure They will be damn surprised where the ultimate profits and taxes for his labor goes to.
Those nameplates are American but that's where it ends. The final profits, Taxes, and GDP are in Italia's coffers. Bon Appetit!!.... (er, sorry thats French, but u get the idea...)
http://quote.morningstar.com/stock-filing/Annual-Report/2016/12/31/t.aspx?t=:FCAU&ft=20-F/A&d=67af96fce38795963770ef1d200697c8 .......this is Fiat's 2017 annual report. Read and learn My friend.
And since we get along, I'm going to try and shorten ur search for the truth by suggesting clicking on links: • EXHIBIT 99.1 FCA BANK 16/15  • EXHIBIT 99.2 FCA BANK 15/14 once u get there.... pick one or the other,
...after that I'm going to tell u what My business economics teacher demanded of Me: read the whole thing.... slowly. I will trust in ur intelligence to find & see the truth.
Medtronic's & Chrysler got to where they are by different means, but the end result is the same.... they are now both European owned companies who pay (less) European taxes, which gives Medtronics huge advantages over American based companies in bidding for US government contracts.
I give a fuck about what wealthy people & corporations have when its at My own expense beyond buying their products.
I don't know what rock hit u in ur head that u don't think that if they don't pay BILLIONS in taxes that >>>> u <<<<< don't make up for that loss in tax revenue somewhere???
Oh wait .....maybe ur gonna drive around with a full car of asphalt to fix potholes on the national interstate Highways when needed right? u would rather foot the bill


Considering fixing potholes is supposed to come out of the taxes we pay for fuel......

So, your reaction to corporations leaving for other places for lower taxes, is to not make the US tax structure more competitive? That's not likely to make things better.

Government revenues are at or near record highs. It's spending that's the problem in the US.


Federal govt. tax rev. as a % of GDP is 16% up from 15% in 2012 and well below the high of over near 20% reached twice, once in 1945 and once again in 2000.

It's called FRED Federal receipts as a percentage of GDP.

HERE

It's all going to come to a head anyway as Europe is a union now and Brussels is all over Ireland. Watch US corps. come back to the fast and loose US enforcement,

Europe’s competition commissioner, Margrethe Vestager, said she would take Ireland to court over its failure to collect huge back tax bills from Apple.

Regulators ordered Luxembourg to collect around 250 million euros ($293 million) in unpaid taxes from Amazon.

The efforts amount to a concerted campaign aimed at revamping how taxes are collected in the 28-nation bloc. They are part of an array of moves by officials in Europe to flex their regulatory muscles over the United States technology sector, including penalties for antitrust violations and investigations into mishandling of customer data.

Last year, Ireland was ordered to claim $15.2 billion in back taxes from Apple.

Luxembourg is already under scrutiny for its tax regime. In 2015, the country faced orders to claw back €30 million from a Fiat Chrysler unit.

The commission’s recovery order could rekindle trans-Atlantic tensions over Europe’s tax clampdown, just as Washington considers White House tax reforms that pave the way for US multinationals to repatriate foreign profits.

HERE

Now let's talk turkey here: you (yes nobody) are ever to talk about corp/govt. state capitalism, the MIC, big subsidies and wall street. Understand kinkroids

Big bailouts, big subsidies, big tax cuts (Bush II) aircraft carriers, F-35 planes (we don't need) and all of these WARS and military asctions...all cost very, very big money all of which has been increased while taxes were cut.

Part of the whole rationale is to do just what far too many are doing now. The bankers and govt. have done a bang-up job of making countless Americans much poorer since 2000 and that increases the benefit rolls.

Then that gets blogs and those still with good or decent jobs to complain about people not much different than them but having lost jobs, working more for less and here we are. complaining about taxes rather than all of the above immorality shown in big tax cuts together with big spending and of course...wars.

Mission accomplished. Do not ever talk about warmongering, wall street, subsidies and the corp. welfare state. ONLY talk about the capitalist proletariat and their insatiable greed and spending. You all are doing a great job.

This tax proposal is flat out immoral. Corporations have no countries and care no more about our flag or national anthem and less than many professional athletes. All the corp. has is profits and taxes...the rest is conversation.



itsSIRtou -> RE: Do you Support President Trump's Big Tax Cuts and Reforms (10/6/2017 10:46:27 AM)

quote:

ORIGINAL: DesideriScuri

quote:

ORIGINAL: itsSIRtou
quote:

ORIGINAL: DesideriScuri
quote:

ORIGINAL: itsSIRtou
ds,.... the ultimate profit for that vehicle no matter where its built, goes to the parent companies bottom line, wherever that companies headquartered.

Then Chrysler, Jeep, and Dodge are not American nameplates anymore. Try pulling that one out on a UAW member.
quote:

For example, Medtronic, a long time Minnesota company, in a strategic move, "inverted" & transferred its home offices to Ireland, where it now pays a third of the taxes it paid in the US.
Guess what? That means its profits, AND GDP is now also claimed by Ireland. and it STILL gets to keep the $40M in US federal contracts it has acquired. Not to mention allsorts of other perks of a US company,

$40M in US Federal contracts? So what? Are you going to attempt to make the claim that ONLY US-American companies, based in the US should be eligible for Federal contracts? Ready for the Federal Government to start paying a shit ton more for those contracts because you're eliminating competitors?
quote:

Like the majority of the benefits of US citizenship. OH sure, Medtronic, hired more people, and those people pay taxes, buy things, etc.,. BUT.... that doesn't make up for the $3 BILLION in taxes EVERY YEAR that doesn't go into US coffers. and THAT $3B in taxes is what we all have to make up for.

Maybe companies don't leave if the tax codes were fair or less uneven? Btw, Medtronic still pays taxes on all the business it does in the US, just like before.
quote:

NOW,.....let Me make this clear...... I am all for a TRUE MIDDLE CLASS TAX CUT. - families and individuals. and poor people.
NOT one thin dime of a tax cut to the wealthy, or the majority of big corporations, big business without strings attached,
to Me, the wealthy and big corporations don't need another bundle of money to not create jobs with. which job creation is one of the bullshit selling points for the tax cuts in the first place.
u like the wealthy so much? keep giving them ur wallet and see what u get back from them. keep giving the wealthy tax cuts with no strings attached and that's all ur doing.

First of all, how do you define the "Middle Class?" That will make any sort of math easier and less ambiguous.
I completely oppose "strings attached" unless it applies to everyone evenly. Reductions in taxes is a reduction in the amount of money government is taking away from you. That is, they are taking less of your money. Your money. Anyone should be free to choose where they spend their own money.
I would support a progressive tax bracket structure, though I much prefer a consumption tax (with a few tax-free categories). I absolutely support closing all loopholes (save for charitable giving and double taxation).
quote:

So far the only thing they given u or anybody so far from tax cuts is more space between u and them for total net worth....how stupid is that???

Why the fuck do you care how much more they have than you?!? Why not just give a fuck how much you have?
quote:

IF the reason for giving a tax cut is for job creation, then its not too damn much to demand & make them ACTUALLY create jobs with it....
Now, u and I have had some good debates,...but, How does that NOT make sense to u??
to be simplistic.... If I ask u for money for a particular reason and u give it to Me, (TWICE!!) but I instead I go buy or do something else with it altogether, why should u keep giving Me more money OR....not demand I spend it for the reason I told u?

Because they are not "giving" them money. That money starts off belonging to them, not the government. They should have the authority to dictate where their money goes, shouldn't they?
quote:

PS.....its nicknamed "VOODOO economics" for a darn good reason...

To make it sound scary and spooky. I know.


well introduce that previously unknowing UAW member to an actual economics major and I'm pretty sure They will be damn surprised where the ultimate profits and taxes for his labor goes to.
Those nameplates are American but that's where it ends. The final profits, Taxes, and GDP are in Italia's coffers. Bon Appetit!!.... (er, sorry thats French, but u get the idea...)
http://quote.morningstar.com/stock-filing/Annual-Report/2016/12/31/t.aspx?t=:FCAU&ft=20-F/A&d=67af96fce38795963770ef1d200697c8 .......this is Fiat's 2017 annual report. Read and learn My friend.
And since we get along, I'm going to try and shorten ur search for the truth by suggesting clicking on links: • EXHIBIT 99.1 FCA BANK 16/15  • EXHIBIT 99.2 FCA BANK 15/14 once u get there.... pick one or the other,
...after that I'm going to tell u what My business economics teacher demanded of Me: read the whole thing.... slowly. I will trust in ur intelligence to find & see the truth.
Medtronic's & Chrysler got to where they are by different means, but the end result is the same.... they are now both European owned companies who pay (less) European taxes, which gives Medtronics huge advantages over American based companies in bidding for US government contracts.
I give a fuck about what wealthy people & corporations have when its at My own expense beyond buying their products.
I don't know what rock hit u in ur head that u don't think that if they don't pay BILLIONS in taxes that >>>> u <<<<< don't make up for that loss in tax revenue somewhere???
Oh wait .....maybe ur gonna drive around with a full car of asphalt to fix potholes on the national interstate Highways when needed right? u would rather foot the bill


Considering fixing potholes is supposed to come out of the taxes we pay for fuel......

So, your reaction to corporations leaving for other places for lower taxes, is to not make the US tax structure more competitive? That's not likely to make things better.

Government revenues are at or near record highs. It's spending that's the problem in the US.



.....And when they pay less taxes because ur making things "more competitive" for them, please make note of that when those gas taxes go up that .5 to 2 cents a gallon to u, and as u are paying it, remember the only thing the upper 1& are thinking about u paying that extra tax (among other rising taxes.) is how much of a SUCKER u are for letting them LIE to u & literally get away with shifting more of the tax burden to u, while swearing (lying) they are going to create jobs with another tax cut....

while they shift more cash into the off-shore tax-dodging banks they aren't supposed to have ether.

sure go ahead.....u fall back on the "spending problem" one-trick pony, but remember those wealthy people are taking advantage of the same disaster relief services that the lowest income home owner is....

thats ALSO coming out of ur pocket when they are more than capable of taking care of their own shit.

please inform Me oh "Help for the truly needy" and Mr. "Personal Responsibility"

....when do u pry ur eyes open and discover ur being fleeced?

u asked Me why don't I "just give a fuck how much (I) have?" Well DS, saying I don't want to keep spending MY money when some infinitely more capable than I am is not......... IS ....giving a fuck how much I have.

maybe u should start doing the same.



DesideriScuri -> RE: Do you Support President Trump's Big Tax Cuts and Reforms (10/6/2017 11:07:04 AM)

quote:

ORIGINAL: itsSIRtou
.....And when they pay less taxes because ur making things "more competitive" for them, please make note of that when those gas taxes go up that .5 to 2 cents a gallon to u, and as u are paying it, remember the only thing the upper 1& are thinking about u paying that extra tax (among other rising taxes.) is how much of a SUCKER u are for letting them LIE to u & literally get away with shifting more of the tax burden to u, while swearing (lying) they are going to create jobs with another tax cut....


After the Bush tax cuts, more people had zero Federal Income Tax liability, and the Top 1% shouldered a greater percentage of Federal Income Tax Revenues.

I know that has to chap your ass.

quote:

while they shift more cash into the off-shore tax-dodging banks they aren't supposed to have ether.
sure go ahead.....u fall back on the "spending problem" one-trick pony, but remember those wealthy people are taking advantage of the same disaster relief services that the lowest income home owner is....
thats ALSO coming out of ur pocket when they are more than capable of taking care of their own shit.
please inform Me oh "Help for the truly needy" and Mr. "Personal Responsibility"
....when do u pry ur eyes open and discover ur being fleeced?


Now, you're all butthurt. Shall we call the waaaambulance for you?

My eyes don't need pried open. They are open. Why do you want to penalize those that have succeeded?

I don't know what you think, but I think government should treat everyone the same. Rich. Poor. Black. White. Brown. Red. Yellow. Any other color. Homosexual. Heterosexual. Bisexual. None of that should matter one fucking bit. Disaster relief services are paid for by our taxes, no? Who the fuck paid for them? The poor? No. By and large, the rich pay for government services. Why should they be denied services they are paying for? The poor - as a reminder, did NOT pay for the services - are still getting the services, aren't they?

I'm not being fleeced by anyone or anything but the Federal Government.

Perhaps it's time you washed the jealousy out of your eyes.



BlackSinMaster -> RE: Do you Support President Trump's Big Tax Cuts and Reforms (10/6/2017 1:19:53 PM)

Are bed wetting Russian whores a tax write off?



bounty44 -> RE: Do you Support President Trump's Big Tax Cuts and Reforms (10/6/2017 1:26:26 PM)

you know, the sad thing is, if you could just curb yourself and be somewhat normal, you might be able to sneak by here, but you cannot help yourself can you?



BlackSinMaster -> RE: Do you Support President Trump's Big Tax Cuts and Reforms (10/6/2017 1:49:01 PM)

And what taxes did Trump pay?



BlackSinMaster -> RE: Do you Support President Trump's Big Tax Cuts and Reforms (10/6/2017 1:58:15 PM)

I would imagine someone like that on here would not slither like your snail cunts. No-one likes you did you know that? By all means boast your own mess and call me or your homo lover.

We all look forward to that and you fuking off. You may poll that, not that you have balls



bounty44 -> RE: Do you Support President Trump's Big Tax Cuts and Reforms (10/6/2017 2:05:15 PM)

get off the forums and get the help you need.



servantforuse -> RE: Do you Support President Trump's Big Tax Cuts and Reforms (10/27/2017 8:13:01 AM)

To the OP and his poll. It seems that Trumps policies are working. GDP was at 3% for the last 2 quarters. This NEVER happened in the entire 8 years of the Obama administration.



Lucylastic -> RE: Do you Support President Trump's Big Tax Cuts and Reforms (10/27/2017 9:54:31 AM)

five times in 8 years...look it up for yourself...



servantforuse -> RE: Do you Support President Trump's Big Tax Cuts and Reforms (10/27/2017 10:28:52 AM)

Never annually. Technically you are right. 5 quarters out of 32. Not a good record.



Lucylastic -> RE: Do you Support President Trump's Big Tax Cuts and Reforms (10/27/2017 11:00:26 AM)

neither has trump...
whats your point
Yes after the worst crash since the depression...Puhleeze
when was trumps first quarter????
or was that tailing off from obama? like the other numbers in job growth???



servantforuse -> RE: Do you Support President Trump's Big Tax Cuts and Reforms (10/27/2017 11:41:01 AM)

My point. The economy is doing very well. Tax cuts and reforms (OP) will only help it do much better. Off to a very good start with the Trump administration.



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