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Speechless over the liberals are now blaming tax cuts for a possible bull market demise.
It's silly to even suggest that $136 billion dollars staying in Washington spent by special interest politicians is good for the stock market and that 136 billion dollars less for American's paychecks spending their own money or investing as they wish is bad.
What do the liberals and liberal media want? For there to be Obama level taxes again which would mean thousands more in taxes for a middle-class family. Maybe they can campaign on bringing back those high middle-class taxes that Obama subjected hard-working Americans to.
I don't understand how tax cuts can be bad for the economy. it just doesn't seem possible even as the economy is dependent on consumer spending and people now have much bigger paychecks thanks to President Trump.
So many businesses are giving thousands in bonuses and higher wages to their workers thanks to corporate tax rate decreases from a socialist level 35% to 21%.
Most middle-class have nearly double the standard deduction, much bigger child tax credits and in most cases a 4 percentage point reduction in taxes.
I don't understand how tax cuts can be bad for the economy. it just doesn't seem possible even as the economy is dependent on consumer spending and people now have much bigger paychecks thanks to President Trump.
Lol
Quote:
Originally Posted by lovecrowds
So many businesses are giving thousands in bonuses and higher wages to their workers thanks to corporate tax rate decreases from a socialist level 35% to 21%.
The market will be increasingly volatile because it was only a matter of time before the markets caught up with Trump's behavior and instability. This is the beginning and it will get worse.
When the economy overheats.... then interest rates go up quicker. When interest rates go up, expanding/borrowing money becomes more expensive.
While corporate tax reform was needed, cutting the taxes for the wealthy is going to jack up the debt; especially if we go into a recession or major correction where government revenue plummets.
Speechless over the liberals are now blaming tax cuts for a possible bull market demise.
It's silly to even suggest that $136 billion dollars staying in Washington spent by special interest politicians is good for the stock market and that 136 billion dollars less for American's paychecks spending their own money or investing as they wish is bad.
What do the liberals and liberal media want? For there to be Obama level taxes again which would mean thousands more in taxes for a middle-class family. Maybe they can campaign on bringing back those high middle-class taxes that Obama subjected hard-working Americans to.
I don't understand how tax cuts can be bad for the economy. it just doesn't seem possible even as the economy is dependent on consumer spending and people now have much bigger paychecks thanks to President Trump.
So many businesses are giving thousands in bonuses and higher wages to their workers thanks to corporate tax rate decreases from a socialist level 35% to 21%.
Most middle-class have nearly double the standard deduction, much bigger child tax credits and in most cases a 4 percentage point reduction in taxes.
And what % of US workers got a bonus and higher wages?
You should learn about effective tax rates before talking about the effect since you are confused about what most corporations pay.
Today created a ripple in the global markets. Australis is down nearly 3% right now, and the Nikkei is off 5-1/2%. Dow futures for tomorrow are -423 and falling.
Tuesday will be an interesting day in the financial world.
Some posters are extremely triggered today to get a reality check the anointed one couldn't save them from.
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