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Posts for: PeterS
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Mar 18, 2024 20:00:28   #
JFlorio wrote:
Bingo. So you’re admitting the middle class received a tax cut.

So how much did the working man get? You're the one running around saying that Trump targeted the good ole boy working man.

How about a CEO who made 22 million a year versus a single-parent household, with one child over 18 making 54 K as a teacher in Avery Texas...BTW the teacher in Avery Texas is a real person, my wife's cousin, got C***d--twice--and still refused to get the "JAB"!~

Oh, and the single-parent rents and has no itemized deductions. The CEO has a slew of deductions but let's just list the 870K that can be legally itemized that he pays in combined interest on his two houses (they are both new mortgages) Most of his cars and his two jets are paid for by his Company...

Show us how the Trump tax cut targets the teacher and not the CEO. I'm assuming you think the benefit is as a percentage of income and not actual money in his pocket. So let's see how it's the single-parent household who should be dancing the jig and not the CEO...
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Mar 18, 2024 19:07:01   #
JFlorio wrote:
The Trump tax cuts sunset in 2025. Democrats whine his cuts were for the rich, so why do they care if they sunset? After all, they're always crying; the rich don’t pay their fair share.
Because the few with an accounting degree know that the majority of the cuts and deductions went to the working class.

The majority of the cuts went to the working class. So list all the cuts and show us how they went to the working class. Aren't you a brainiac with a finance degree? It should be a piece of cake for you.
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Mar 18, 2024 01:19:46   #
Here's my question, who are you MAGA morons going to shoot? You can't shoot white people because you don't know if they are Democrats or Republicans so that leaves people of color because even if they are Republican they only make up 10% of your party so it's no great loss. So it will be a bloodbath for B****s, Hispanics, and Asians but how will this win you the e******n? The same apparatus that put Biden in the White House in 2020 is still there to put him in the WH in 2024. So other than k*****g a bunch of minorities proving you really are the party of r****m what else will you prove???
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Mar 17, 2024 15:16:52   #
Milosia2 wrote:
Trump will never again mention pence.
He tried to have him k**led.
He doesn’t want that brought up ever again .
Pence is dead to him.
Trump is an angry , distraught , deranged man ,
Heading up
A minority with zero chance winning anything without lying , c***ting or stealing.
Not by winning the hearts and minds of Americans ,
But by stealing their v**es
and giving them to trump !!.

“If I don’t win
There will be a bloodbath. !!!!”
His bunions are still willing
to Die for for a Lie. !
They don’t know any better .
They don’t even know why. !!!
Trump will never again mention pence. br He tried ... (show quote)

I've been asking conservatives what they are going to do if Trump loses...and this was before his bloodbath comment and they are acting like deer in the headlights as if the question hasn't been able to register. I don't think that they fully understand that they are pawns and there to be used by Trump however he sees fit...and if it's another loss what he sees fit will be a civil war.
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Mar 15, 2024 23:00:09   #
AuntiE wrote:
Biden's Proposed Corporate Tax Hike Will Punish the Average American


The president wants to raise the rate from 21 percent to 28 percent, despite it being well-established that this is the most economically-destructive method to raise government funds.

Veronique de Rugy3.14.2024
In the latest volley of policy proposals that seem more rooted in populist rhetoric than economic knowledge, President Joe Biden's budget plan to hike the corporate income tax rate from 21 percent to 28 percent strikes me as particularly misguided. This move, ostensibly aimed at ensuring a "fair share" of contributions from corporate America, is a glaring testament to a simplistic and all-too-common type of economic thinking that already hamstrings our nation's competitiveness, stifles innovation, and ultimately penalizes the average American worker and consumer.

Beyond the president's class warfare rhetoric, the lure of putting his hands on more revenue is one of the factors behind the proposal. Biden likes to pretend he is some sort of deficit cutter, but his administration is the mother of all big spenders. He's seeking $7.3 trillion for next year without acknowledging the insolvency of Social Security coming our way or addressing what happens when Congress makes the Republican tax cut permanent in 2025 for people earning less than $400,000 a year.

Unfortunately, no fiscally irresponsible budget is complete without soothing individual taxpayers by promising to tax corporations. Never mind that the burden of corporate income tax hikes isn't shouldered by corporations. Yes, corporations do write the checks to the IRS, but the economic weight will be partially or fully shifted to others, such as workers through lower wages, consumers through higher prices, or shareholders through lower returns on investment. That means that many taxpayers making less than that $400,000 will be shouldering the cost of the corporate tax hike.

It is worth expanding on the fact that much of a corporate tax increase will be shouldered specifically by workers. A recent Tax Foundation article, for instance, explained that "a study of corporate taxes in Germany found that workers bear about half of the tax burden in the form of lower wages, with low-sk**led, young, and female employees disproportionately harmed."

Biden's planned tax hike would raise revenue for sure. Kyle Pomerleau at the American Enterprise Institute told me that it would raise roughly $1 trillion over a decade. However, it will do it in the most damaging way possible.

Indeed, it is well-established by the economic literature that increasing corporate taxes is the most economically-destructive method due to its impact on incentives to invest. Investments that were previously feasible at the lowest rate of capital are now out of reach. Firms forgo machinery, factories, and other equipment, reducing their capital stock. That in turn reduces productivity, output, and overtime wages.

The good news is that the reverse is also true. That's what the Republicans did in 2017 when they cut the federal corporate tax rate from 35 percent to 21 percent while broadening the tax base. Chris Edwards at the Cato Institute recently noted that the move increased investments and wages as one would hope—and it also managed to boost federal corporate tax collections from $297 billion in 2017 to a projected $569 billion in 2024.

While this spike was attributed to temporary factors—the revenue is anticipated to decrease to $494 billion in 2025—it also reduced tax avoidance from firms who repatriated much of the revenue they used to keep abroad. Instead of avoiding higher tax rates, they invested more in America and boosted wages along the way.

In addition, for all the concerns about fairness expressed by the administration to justify its tax hike, the corporate tax is quite unfair. Profits are already subject to taxation at the individual level when distributed as dividends or realized as capital gains. Increasing the corporate tax rate will exacerbate the issue of double taxation, distorting investment decisions and reducing economic efficiency, not to mention encouraging aggressive planning for more tax avoidance.

Last, the administration's plan ignores one of its usual priorities: the fact that many U.S. companies must compete on the international stage. Raising the corporate income tax at home makes them less competitive abroad. According to the Cato Institute's Adam Michel, if Biden is successful in raising the corporate income tax to 28 percent, the U.S. would have the second-highest such rate among the market-oriented democracies that make up the Organization for Economic Cooperation and Development. America would instantly become less attractive for multinational corporations and mobile capital.

In an era where economic literacy should guide policymaking, reverting to such tax hikes is a step backward—a misstep we can ill afford amid the delicate dance of post-p******c recovery and an increasingly competitive global economy.

COPYRIGHT 2024 CREATORS.COM.




Biden's proposed corporate tax hike will punish the average American
reason.com
b Biden's Proposed Corporate Tax Hike Will Punish... (show quote)


Unfortunately, no fiscally irresponsible budget is complete without soothing individual taxpayers by promising to tax corporations. Never mind that the burden of corporate income tax hikes isn't shouldered by corporations. Yes, corporations do write the checks to the IRS, but the economic weight will be partially or fully shifted to others, such as workers through lower wages, consumers through higher prices, or shareholders through lower returns on investment. That means that many taxpayers making less than that $400,000 will be shouldering the cost of the corporate tax hike.

Here's the problem with this kind of thinking. If you raise the price of your goods and services you will sell fewer goods and services. No CEO keeps his job by doing that. If you lower your wages you will get disgruntled workers or worse, attract workers who aren't worth the lower wages you are paying them. Not a smart thing to do when quality workers are hard to retain as it is and your competitors will exploit any weakness you show. So yes, shareholders will take a hit as will the bonuses for upper management. Fewer Ferrias sold to people with more money than they know what to do with will not sink the economy. In fact, if you look at the history of tax hikes the economy does just fine...
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Mar 15, 2024 22:38:01   #
permafrost wrote:
Well, I did a 30 second search and found nothing worthwhile, only that Coons did do a fox interview..

seem feuding on opp is a little beyond my interests right now.. try again tomorrow..

you also have a good one..

There's this from Fox. I don't think it's a poll though just a prediction that Trump is going to lose...

https://www.msn.com/en-us/news/politics/trump-loses-fox-news-v**er-analysis-predicts-disastrous-defeat/vi-BB1jSoIt?ocid=msedgdhp&pc=U531&cvid=ffc576534fa447239066e5694e720aea&ei=22
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Mar 15, 2024 22:27:59   #
proud republican wrote:
And if desired outcome doesn't work and he actually wins in November, you don't think democrats won't try anything more drastic? They're already planning to ban him from White House if he wins an e******n..E******N I**********E Forget about what American people want! I guess we don't count, right? There will be r**ts, but not from MAGA Americans, from Rats!!!


And if he loses he will claim c***ting again and you will believe him and there will be r**ts by you MAGA RATS...

Stop acting like your s**t doesn't stink PR. Trump almost lies us into an i**********n once...don't you think he will try it again??? What the people wanted didn't mean s**t to you MAGA morons once and it won't mean anything to you again!
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Mar 15, 2024 18:19:18   #
Darling Mary wrote:
My concern is the raping & pillaging of young children by homosexuals,and forcing there agenda upon moral society!

And the raping and pillaging of children by priests and youth pastors is okay because they are moral? I'm willing to bet there are more youth pastors, pastors, and priests who 'force' their agenda on children than homosexuals. Oh, and if your child is a homosexual then that has nothing to do with homosexual 'agenda' and everything to do with nature making another f*g...
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Mar 15, 2024 18:12:43   #
Strycker wrote:
Here are 3 t***hs:

1. I never worn a mask anywhere (except the doctor) and washed my hands semi-frequently and never used hand sanitizer anytime during the p******c. I STILL don't.

2. I've had no C***D v*****es and don't plan to.

3. I have been exposed to C***D many times and I have not EVER had C***D and have never even been sick over the last 4 years.

Either science is f**e or I have a super duper i****e s****m.

None of your "facts" support any definitive conclusion.
Here are 3 t***hs: br br 1. I never worn a mask a... (show quote)

All this proves is that you are an i***t and nothing more. I have some conservative cousins who wouldn't wear a mask or get v******ted. They all got sick from C****-** (even though they have super-duper conservative i****e s****ms) and lost one of their children. And to prove they are conservative they still don't wear a mask or get v******ted which is why their grandchildren have come down with C****-** for a second time.

If you play Russian Roulet and don't die does that prove that RR is f**e and none of the "facts" support any definitive conclusion?

Once an i***t always an i***t. The motto of American Conservatism...
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Mar 15, 2024 17:58:34   #
Darling Mary wrote:
C***d ** is the greatest s**m ever perpetrated on the American people let along the world!!!!

Tell that to the million people who died from it...
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Mar 15, 2024 17:57:57   #
Liberty Tree wrote:
God has standards of what is immoral.

And yet you conservatives don't follow them. You won't tolerate homosexuality in any form but the bible holds adultery and lying as equal sins and you have zero problem with Donald Trump. Where did Jesus say that morals are only important when it's politically expedient?
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Mar 15, 2024 17:54:32   #
NotMAGA wrote:
Should any government have the right to legislate morality according to their religion?

Muslim girls are still being subjected to "honor deaths" in Muslim countries and even in countries like the UK where their families have relocated. Their fathers, uncles and brothers believe things such as marrying a non-Muslim or just showing their bare face in a TikTok video shames the family so badly they need to put these girls to death.

Does anyone condone the beatings and k*****gs that have occurred here in the US to young gay men simply because they are gay? (I hope not!)

There is almost nothing new under the sun and you can be sure that includes a******ns and homosexuality.

"Vengeance is mine" says the Lord. It's up to each man and woman to make their own peace with God, and God will not force them. He INVITES.
Should any government have the right to legislate ... (show quote)

The founding fathers could put their religious beliefs aside when it came to government. They believed that the laws governing men should be written by men. This is the promise behind the separation of Church and State. Conservative fundamentalists have no idea how to do this and believe that everything should conform to their religious beliefs. And ironically, in the few areas in the NT that talk about homosexuality, they talk about adulterers and liars in the same breath. So they condemn anything to do with homosexuality but give a complete pass to Donald Trump...
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Mar 15, 2024 17:37:07   #
proud republican wrote:
Aren't we interfering with another country by demanding Israel does what Amrica wants them to do?? We don't like it when it happens to us, why are we doing this to other countries??

https://nypost.com/2024/03/14/us-news/sen-chuck-schumer-demands-new-e******n-in-israel-calls-netanyahu-obstacle-to-peace/

Good idea!
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Mar 15, 2024 17:17:01   #
The marriage of the political right and far-right fundamentalists was the perfect combination to put Donald Trump in the White House...and manipulate it is all they know how to do.


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Mar 14, 2024 02:00:48   #
BIRDMAN wrote:
Don’t we have community colleges

Sure, for the first two years then it's going to cost 10's of thousands of dollars to finish your degree. What we haven't talked about is back when it cost $225 a semester state and federal governments picked up 90% of the cost. That changed under Reagan, then the conservative congress of the 90's, then Bush, and the conservative congress under Obama. And here's something that we haven't mentioned but the productivity of our economy is 100% dependent on the education of our employees so the more you cons try to strangle education the more you are trying to strangle our economy. Oh, and here's something I haven't mentioned but once my business was established I repaid in one quarter my Pell Grants, work-study, and everything else that government invested in me. A college education isn't a sunk cost but is repaid in higher incomes, higher taxes, and higher productivity than if no investment was made.
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