Progressive One

Fk you and all that bullshit you're talking....in communication, the dynamic of the dialogue is set by the RECEIVER of the message, not the sender.......your cracka ass mentality has you believing you can go up to someone, call them a racist ass name, then argue with them about it not being racist.......you'll get your fking skull split.....approach some black people with your cracka ass possum sayings, same with piece of shit boy with his spook sayings...why don't both of you pussies take your cracka show on the road....fk bickering with my black ass....try your show on the world at large....you're in an environment where you can say whatever the fk you want and no one can do shit about it...the true SAFE Space......

Progressive One

Oh no..money will be spent on poor people for health care!! damn!!!

Trump tax cuts may be at risk
Investors wonder if the healthcare bill’s collapse signals broader troubles.
By Jim Puzzanghera and James F. Peltz
For investors, the healthcare debacle was just the warm-up act for the Trump administration production they really want to see: tax cuts.
Financial markets were mostly unfazed by Friday’s well-foreshadowed collapse of the bill to repeal and replace Obamacare. But the failure of President Trump and congressional Republicans to push the legislation through the House spurred questions about whether they could achieve the equally complex task of overhauling the tax code.
Anticipation of those tax cuts are a big reason that investors have pushed stock prices up 12% since Trump’s election. CEOs meeting with Trump at the White House often have publicly credited the expectation of lower taxes for new plans to hire and invest.
“It raises serious concern about the ability of Trump to achieve the rest of his agenda,” said Gregory Valliere, chief global strategist at Horizon Investments. “I think it’s going to be a very long wait for the financial markets to see something get done on taxes.”
A tax overhaul is next up on the Republicans’ agenda, Trump said Friday. And the administration has set an ambitious goal of getting it enacted by August.
“I would say that we will probably start going very, very strongly for the big tax cuts and tax reform. That will be next,” Trump told reporters after House Republican leaders canceled Friday’s late-afternoon vote on the healthcare bill because there wasn’t enough support to pass it.
But House Speaker Paul D. Ryan (R-Wis.) said the bill’s defeat made passing tax reform more difficult.
Under complex budget math, enacting the healthcare bill would have made it much easier to cut taxes by lowering the baseline against which deficits are measured by $1 trillion over the next 10 years.
There are other difficulties in pushing tax legislation through Congress. Trump said in his joint address to Congress that his plan “would provide massive tax relief for the middle class.” But an analysis by the Urban Institute and the Brookings Institution of the revised tax plan Trump campaigned on last fall found that the biggest cuts would go to high-income earners.
And House Republicans are pushing a controversial border adjustment tax that could hit consumers and some businesses hard.
Still, Ryan said he was optimistic. “We have even more agreement on the need and nature of tax reform,” he said, adding that healthcare “had a big difference of opinion, not whether we should repeal and replace Obamacare but how to replace it.”
John Lonski, chief economist at Moody’s Capital Markets Research Group, said Republicans might try to rally around a tax bill to show the public that they can get things done in Washington now that they control the White House and Congress.
But even so, the difficulties pulling on healthcare signaled to investors not to expect things to happen quickly in Washington, Lonski said.
“What we’re finding out is that the Republicans have a lot of difficulty coming together on these issues, and it might well be that the tax cuts also prove to be difficult to resolve,” he said.
That would be bad news for investors and could stall the market rally that followed Trump’s election.
Investors were so bullish that, in February, the Dow Jones industrial average set record highs for 12 consecutive trading sessions. All of which made the market due for some sort of a pullback, if only because prices had gotten rich relative to the stocks’ underlying corporate profits.
“The markets got all jazzed up on this stuff moving quickly,” Valliere said of Trump’s agenda. “I thought all along things are glacial in this town, and I think the markets got really ahead of themselves.”
The Dow jumped 88 points Friday on initial reports of the healthcare bill’s collapse, but ended the day down 59.86 points, or 0.3%, at 20,596.72. The muted reaction was partly because the legislation’s troubles had been telegraphed in recent days. But it also reflects that the financial effects of healthcare reform were largely limited to insurers, hospitals and drugmakers.
Trump’s pledge to slash the U.S. corporate tax rate — the highest among major economies — would help all companies. A special tax break to lure overseas profits back to the U.S. would help multinational companies. And accompanying cuts in personal income tax rates that Trump has also promised would boost consumer spending, analysts said.
“If that failed, that would have a major impact on corporate profits right across the board,” Valliere said of a tax overhaul.
Brad McMillan, chief investment officer of Commonwealth Financial Network, said in a note to clients this week that the healthcare bill was “really the first ‘put up or shut up’ moment of Trump’s presidency.”
Earlier Friday, Treasury Secretary Steven Mnuchin reiterated the administration’s August goal for tax reform. Speaking at a Washington forum hosted by the Axios news website, Mnuchin echoed Ryan in predicting that the tax overhaul would be easier than heathcare reform. But analysts aren’t so sure.
House leaders are pushing for a border adjustment tax, which would subject importers to higher taxes than exporters or companies that produce products in the U.S. for domestic consumption.
Large companies that do a lot of exporting, such as the Boeing Co., want such a tax. Retailers that import a lot of goods, such as Wal-Mart Stores Inc., oppose it.
The administration has yet to take a position on the border adjustment tax. But Rep. Kevin Brady (R-Texas), chairman of the tax-writing House Ways and Means Committee, said after the healthcare bill died that the panel’s Republicans “are moving full speed ahead with President Trump on the first pro-growth tax reform in a generation.”
Investors shouldn’t hold their breath, Valliere said.
“The details on this are almost as daunting as the details on healthcare,” he said. “I don’t think it can get done this year.”
jim.puzzanghera@latimes.com
james.peltz@latimes.com
Puzzanghera reported from Washington and Peltz from Los Angeles.

Loki Loc: Georgia

Why don't you try some of your spook shit among some of the whites that I know? You would end up as a mudflap on someone's truck, where you could at last serve a useful purpose.

Progressive One

Don't say back to me what I just said to you....that is intellectually lazy and a worthless characteristic to possess...it is parasitic in nature....feeding off of someone else's portion of the dialogue and using it to nurture your own articulation.....sad...........

Super Dave Loc: Realville, USA

Tell him you got a bunch of degrees from someone Affirmative Action diploma mill college that lives on government grants.

That'll learn 'em.

Progressive One

what are you even talking about?

S. Maturin

"
As a matter of fact, that WAS fake news. The Obama Administration is the only one in this country's history to count turnbacks at or near the border as "deportations." If they counted their deportations the same way as everyone else, they would be dead last."... about what we all suspected- those of us darig to self-identify as conservatives.

As for those aliens turned back, "deported" by Obama- those he actually wanted gone- I think they were not radical or dangerous enough to stay in Obama's USA.

S. Maturin

Ooooh, look who <what> came back as .... sock puppet for Soros!

Super Dave Loc: Realville, USA

All of those degrees and you play stupid?

Trying to make my case for me or what?

America Only Loc: From the right hand of God

Try taking your own advice here...Monkey boy....get your "cap peeled" so bad, you'd look like a black onion head! You are all talk...and if confronted..you would be all running full steam away...leaving a yellow puddle behind you....

Admit it...you are a coward...lil wee wee....

America Only Loc: From the right hand of God

Spook One...muaaaawwhhwhwhwhahaahah! LOL!

Ricko Loc: Florida

PO1-if he talks like a janitor he probably is a janitor. I had a man tell me that he worked at a bank as
a vault custodian. In fact he did perform custodial duties at the bank, to the include both the vault and the
bathrooms and was the leader of his cleaning crew. Polished professors do not use the kind of language which
you spew on a daily basis so " me-thinks "you are full of BS. Make sure the trash cans are emptied. America First !!!

Progressive One

yep.....want to see if you have the balls to say what you really mean...........

Loki Loc: Georgia

Kind of like your incessant copy and paste. Don't you just hate it when I'm right?

Loki Loc: Georgia

Your case was made with his first post.