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Old 11-15-2017, 07:51 AM
 
2,003 posts, read 1,168,634 times
Reputation: 1949

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Quote:
Originally Posted by cheyenne2134 View Post
They are going to invest in their company but most of these corporations are already well off with cash on hand. The more cash they have, the more appealing they are for stockholders

All in all this won’t effect the average American. There won’t be an influx of cash and jobs in the economy. That’s the point people are making with the tax reform. We are assuming wrong that companies will do the right thing. They won’t because the stock market is all they care about
You are right, but when that is pointed out the Trump worshippers accuse rational folk of beings leftists as if all of trumps policies are good and if you disagree you must be a flaming liberal.
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Old 11-15-2017, 07:55 AM
 
1,721 posts, read 1,148,549 times
Reputation: 1036
Quote:
Originally Posted by treasurefinder View Post
You are right, but when that is pointed out the Trump worshippers accuse rational folk of beings leftists as if all of trumps policies are good and if you disagree you must be a flaming liberal.
Capitalism
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Old 11-15-2017, 07:58 AM
 
2,003 posts, read 1,168,634 times
Reputation: 1949
Quote:
Originally Posted by pghquest View Post
poor babies. Anyone I know bringing in that type of money a year is considered high income earners..

Nice to see you defend "the rich"...
Well I'm glad you consider 200k rich, after paying taxes, sending kids to college, etc that's not rich.
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Old 11-15-2017, 07:58 AM
 
13,898 posts, read 6,446,965 times
Reputation: 6960
Leftists are economically illiterate unless it has the phrase "tax the rich" in the wording.
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Old 11-15-2017, 08:04 AM
 
Location: SE Asia
16,236 posts, read 5,882,675 times
Reputation: 9117
Quote:
Originally Posted by pghquest View Post
poor babies. Anyone I know bringing in that type of money a year is considered high income earners..

Nice to see you defend "the rich"...
I wouldn't complain with that income and that's for sure. I do ok, but not 200k.
I also don't begrudge those who do make the money. Im not in their wallet or demanding they get hammered with excessive taxes.
Before I look at tax increases I want an audit of every government agency. Our Fed is hemorrhaging cash in wasteful spending. The carelessness of it is what is so appalling. 40 million on a gas station in Afghanistan .
I know chump change.

One of my favorite examples.
State Department Waste: Booze, Crystal, and a Million-Dollar Stack of Rocks

Until we get some accountability we are over taxed.
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Old 11-15-2017, 08:09 AM
 
2,003 posts, read 1,168,634 times
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Quote:
Originally Posted by boneyard1962 View Post
I wouldn't complain with that income and that's for sure. I do ok, but not 200k.
I also don't begrudge those who do make the money. Im not in their wallet or demanding they get hammered with excessive taxes.
Before I look at tax increases I want an audit of every government agency. Our Fed is hemorrhaging cash in wasteful spending. The carelessness of it is what is so appalling. 40 million on a gas station in Afghanistan .
I know chump change.

One of my favorite examples.
State Department Waste: Booze, Crystal, and a Million-Dollar Stack of Rocks

Until we get some accountability we are over taxed.
I can agree wiTh a fed audit. My issue is they are giving corps such a large tax cut and it's permanent, meanwhile folks who have w-2 wages are not getting much and in some cases such as mine, we are getting an increase. If they want to give corps and large estates a huge cut, then call it that, but don't go around lying about how this is good for everyone and all these jobs will be created and wages increased because it's not true.
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Old 11-15-2017, 08:17 AM
 
9,694 posts, read 7,394,892 times
Reputation: 9931
Paying down debt is a good thing, the same with stock bi back
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Old 11-15-2017, 08:21 AM
 
2,951 posts, read 2,519,662 times
Reputation: 5292
Quote:
Originally Posted by pghquest View Post
The horrors, they plan to pay down debt, we cant have that....
I got no problem with paying down debt. They want to buy stock back as they don't want to be public anymore and have the SEC along with a number of other organizations watching them. So they can do as they please.

As a small business owner, you cut my taxes, I will be honest, It'll go right into my pocket. Don't need anymore employees, can get legit independent contractors (other businesses) and 1099. IF I need anyone.

What has been shoved down our throats since Reaganomics is that they wiill expand and add jobs if taxes are cut and they'll bring money back.

The trickle down is actually P*$$*ng on my boots and telling me its raining.


Yes Hesychios is correct. That should be our focus, paying down our national debt.
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Old 11-15-2017, 08:23 AM
 
21,430 posts, read 7,459,324 times
Reputation: 13233
Quote:
Originally Posted by brownbagg View Post
Paying down debt is a good thing, the same with stock bi back
Paying down corporate debt by increasing the national debt is not a good thing.
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Old 11-15-2017, 08:26 AM
 
22,768 posts, read 30,737,789 times
Reputation: 14745
Quote:
Originally Posted by antinimby View Post
Look at all the economically ignorant Leftist posters here commenting on something they know nothing about and citing Washington Post, which is neither unbiased or are economics experts.

Whether they pay down debt or buy stocks back, ultimately that is money that is put back into the economy. For example, if you pay off your mortgage, the bank getting that mortgage money from you now has more money to then loan out more money to someone else. Money doesn’t just vanish, it gets recycled and that’s good for the economy.

This is even more reason to disregard the know-nothing Leftist-liberal snowflakes who only know how to spend daddy’s money.
Boy, you seem so angry.

Anyway, nobody said that stock buybacks cause money to disappear. Everyone knows stock buybacks go to shareholders. That's just not a smart policy to encourage with the tax code.
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