Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
I don't usually agree with petch, but she's definitely right in this case. Look at your paycheck, what you bring home is your NET, what you make is the GROSS. A tax cut is simply going to allow you to keep more of the GROSS. It's money you already earned, just less of it will go to the federal, state, or local government.
Personally, in our household we are not so desperate that I feel like we "need" a tax cut to stay financially viable. It would help a little yes, but making better economic decisions like earning more business, or getting a better job, budgeting stricter would go much further than the little bit of money we'll get to keep.
I can't help but wonder what services will be at stake if the economics of a tax cut don't pan out. Kansas is said to have been used as a model for these cuts, but Kansas was a disaster that left many Republican legislators pushing to increase taxes. The job growth never came.
Your best bet will be to continue to make the best financial decisions you can no matter what happens.
Betting on a tax cut, or a subsidy is never going to be wise.
I plan to invest in plastic buckets to catch all that trickle-down wealth that will magically be created.
I don't even consider the USA a capitalist county anymore. Economically we are basically a socialist state. We are taxed everywhere on everything. Gas, Food, Property, etc.. All on the state and federal level. Then you need licensing and more taxes.... this is not capitalism
I own my own company and frequently purchase from state and federal government agencies.... you should see the WASTE of tax-payer money I see every day doing my business.
Please provide specific examples, I'm sure a lot of people here would like to know. Also, most State Govts and the Federal Govt have hotlines to report Govt fraud, so you may want to check into that.
Yes, gains aren't distributed well. Shares, ownership of firms needs to be more widely held among the population, specifically the middle and working classes. You seem to think extreme concentration of ownership is perfectly fine, to the extent that you can't (or won't) even recognize it as a possible issue worth discussing.
I'm happy to discuss it. But that wasn't part of your post that I responded to.
As to the point, I don't believe that there is a "should" related to widespread ownership of stock. Anyone is free to purchase as much or as little stock in any publically traded company that they choose. If someone chooses not to, why is it anyone else's business?
Now, if you believe that widespread ownership is an imperative, how would you go about fixing the "problem"?
yes and someone with a PhD should have a better understanding of the ramifications of highly-concentrated ownership.
Back to the personal jabs? You can't even address the question posed?
While I tried, it doesn't look like I will be able to help with the inferiority issues that you have surrounding well-educated people. I do hope that you are able to get help for that problem. Good luck!
You pretty much do need a doctorate to understand this country's tax system. Not that I agree that's the way it should be. I understand certain subjects are inherently complicated but this one veers into needlessly complicated.
Lazy people who feel entitled to the fruits of people who work.
I know....those Billionaires who feel so entitled and who refuse to pay their taxes...
and expect the little man and the middle class to pay for everything
just might be the death of our country. Entitled Freeloaders! Mouchers!
A lot of the Corporations and their Corporate Welfare is almost just as bad!
Last edited by Crazee Cat Lady; 11-08-2017 at 12:56 AM..
I don't usually agree with petch, but she's definitely right in this case. Look at your paycheck, what you bring home is your NET, what you make is the GROSS. A tax cut is simply going to allow you to keep more of the GROSS. It's money you already earned, just less of it will go to the federal, state, or local government.
Personally, in our household we are not so desperate that I feel like we "need" a tax cut to stay financially viable. It would help a little yes, but making better economic decisions like earning more business, or getting a better job, budgeting stricter would go much further than the little bit of money we'll get to keep.
I can't help but wonder what services will be at stake if the economics of a tax cut don't pan out. Kansas is said to have been used as a model for these cuts, but Kansas was a disaster that left many Republican legislators pushing to increase taxes. The job growth never came.
Your best bet will be to continue to make the best financial decisions you can no matter what happens.
Betting on a tax cut, or a subsidy is never going to be wise.
Yes making better financial decision always help your financial situation but if you think of taxes as an expense (which it is), your support in reducing the expense is making a better financial decision. Every dollar counts. If you have debt, using the extra money you get to keep to pay down debt can be a start in the snowball to pay down all debt.
You pretty much do need a doctorate to understand this country's tax system. Not that I agree that's the way it should be. I understand certain subjects are inherently complicated but this one veers into needlessly complicated.
Yep, the tax code is complicated and for many reasons. It's complicated because the government uses it to encourage behavior, do what they want and you get a tax break. Don't, and you pay.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
