The Tax Bill is a Trillion-Dollar Blunder -- Bloomberg

Discussion in 'Politics' started by piezoe, Dec 15, 2017.

  1. piezoe

    piezoe

    bullmarket79, d08, toc and 1 other person like this.
  2. toc

    toc

    Why are people crying in the first place? It is them who elected the Republicans in Congress.

    Trump is out there to DISMANTLE anything that Obama built up: Obamacare, Net Neutrality, Taxes on super rich, come to mind right away.

    Trump is out there to hurt the middle and lower classes as if they are some sort of illegal immigrants doing $7/hr jobs.

    EVILNESS !!!
     
    exGOPer, comagnum and piezoe like this.
  3. lindq

    lindq

    The folks living in the double-wides and watching Fox News made their choice. Now they will have to live with it.
     
    exGOPer and comagnum like this.
  4. The same liberal media outlets were praising Obamacare for lowering everyone’s premiums and getting millions more free healthcare.
    How did that turn out?

    LIES LIES LIES

    Truth is nobody knows how this will turn out. The only things we know for sure are-
    1- If it works as planned, the media will still find problems with it and blame the GOP and Trump for all the worlds problems
    2- If it doesn’t work as planned, the media will blame the GOP and Trump for all the worlds problems
     
    WeToddDid2 likes this.
  5. Trump's touting, "BIG tax cut for everybody". What? Looks like my tax bill going to INCREASE by 5-figures!

    Ditto that!

    The notion of reducing taxes while increasing spending (military) is just hocus-pocus for increasing the national debt while trying to make people feel good before the 2018 mid-terms.
     
    exGOPer likes this.
  6. R1234

    R1234

    I got screwed by Obama now I will be getting screwed by Trump.
    The new tax policy is anything but simple or fair. The lower corporate rates and pass-through rates only apply to certain types of businesses (they are picking the winners and losers). My business unfortunately is not in one of the categories to qualify for the 20% tax rate. On top of this my taxes will be increasing to pay for this corporate subsidy.
     
    Tony Stark and comagnum like this.
  7. toc

    toc

    When car alternator is shot then you can

    a) get a brand name replacement for $200 and pay $120 for labor in top brand shop.

    b) get a refurbished/used one for $80 and pay a treeshade mechanic $60.

    c) Look up online videos, then yank out the alternator (most cars not requiring a hoist lift), split it apart and rewire it for $20-25 kit while the labor is your own for free or buddy's mechanical savvy high school kid for $40.

    Same with US defense budget and paranoia with Russians/Chinese. This to feed the defense lobby and cuddle and coddle the 1% group.
     
    comagnum and piezoe like this.
  8. Ditto!

    A tax cut for one group without a reduction in spending merely shifts the tax burden from one to another... like rearranging deck chairs on the Titanic.

    I agree that the tax rate for corporations in the US is too high. I also agree that corporations should NOT be allowed to keep their profits "overseas" to avoid paying income tax in the US. (If part of the "taxation package" of US law includes corporations, there should NOT be "loopholes". And if corporations are to pay tax on retained earnings, distribution of those earnings to shareholders/owners in the form of dividends should be exempt from taxation.... as they've "already been taxed" at the corporate level.)

    Trump's "tax plan" hasn't done ANYTHING to "reform" a shitty/unfair tax structure in the US.... merely shifted it around a bit.
     
    Clubber Lang likes this.
  9. piezoe

    piezoe

    I have wondered about that alternator thing. It has got to be a bunch of diodes that go bad because its got to have some kind of bridge rectifier in it to convert the AC produced by the alternator to the DC that your car needs. But I never knew you could buy a kit . Where do you get this? The kit just consists of a bunch of Diodes, right? and is there any condenser in there to take out ripple.? I like the way you think!
     
    Last edited: Dec 15, 2017
  10. toc

    toc

    #10     Dec 15, 2017