U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Retirement
 [Register]
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.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
 
Old 10-02-2017, 08:33 PM
 
Location: USA
7,478 posts, read 5,799,543 times
Reputation: 12323

Advertisements

Quote:
Originally Posted by charlygal View Post
He could kill babies and you'll give him the thumbs up? You don't see a problem with following someone blindly? Trump is still human and can make mistakes.
Remember, a frightening chunk of his troubled base have said that there is "nothing" he can do that would cause them to stop supporting him. That should be deeply troubling since it is exactly that mindset that install tyrants in power.

As for the Trump plan, rest assured that in the end, the average American will end up footing the bill for more handouts to big business and the wealthy. That's been the Republican way for years (though, to be fair, the Democrats aren't much better), and too many Americans will gladly supported it based on the failed theory of trickle-down economics. I guess they've never heard of "hoarding" vs. "trickling your wealth down" - you'd think they would have, after voting for Saint Trump!

 
Old 10-02-2017, 08:37 PM
 
Location: USA
7,478 posts, read 5,799,543 times
Reputation: 12323
Quote:
Originally Posted by Ariadne22 View Post
Baloney. The poverty-stricken red states have always been supported by the much higher income blue states.

If you dispute this, please provide statistical data supporting your position - something that you believe is not alternative factual data.
You are correct, but this is no shock since demanding something for nothing is the Republican Way. Complain loud and long about how "worthless" government is, but then refuse to contribute a dime to improve the nation. A national level party with the same mindset as mooches who gladly eat the Saturday night pizza, but who refuse to chip in for it since they always have a whiny excuse as to why. It's laughable.
 
Old 10-02-2017, 08:41 PM
 
Location: USA
7,478 posts, read 5,799,543 times
Reputation: 12323
Quote:
Originally Posted by luv4horses View Post
If the federal tax goes down then the burden will just be pushed out to the states and to property and school taxes. Public infrastructure cannot run on air. It is just a matter of who will pay the most. I am guessing property owners and the middle class will take up the slack and their total taxes will go up. Smoke and mirrors.
Yup, but you can't tell that to the "drown the government in the bathtub" types. They honestly think that this great nation was built for free on nothing at all. The concept of basic economics and the cost of infrastructure, the military, and so forth are lost on them. No different than the "states rights" types who want to gut the federal government while magically pretending that the same functions provided by said federal government wouldn't then have to be duplicated 50 less efficient times over at the state level. It's all smoke and mirrors, and rest assured in the end, the working class in America will pay more under Trump's worthless tax plan.

Look at what Trump has done for his entire slime-coated business career - he has lied, cheated, and manipulated the system to dodge all accountability and steal absurd amounts of money while leaving other people holding the bag. Now, can anybody say with a straight face that a tax play devised by such a scumbag and his cronies wouldn't be anything but more of the same? How many times does one man have to rob people in broad daylight before other people stop blindly trusting him?
 
Old 10-03-2017, 01:54 AM
 
Location: Washington State
18,645 posts, read 9,633,288 times
Reputation: 15881
Quote:
Originally Posted by TuborgP View Post
Food for thought. There are many ordinary shlocks paying high property taxes in high property tax states. Many are older who purchased their homes 30-50 years ago and saw amazing increases in the assessed value of their homes. Many are elderly with property taxes and medical cost eating them alive and moving them toward bankruptcy if not already there. They itemize and now?
That's the one argument that I agree with that people have bought and continued to act with the expectation of taking this deduction and to take that away now doesn't seem fair.
 
Old 10-03-2017, 07:14 AM
 
Location: Manhattan
21,515 posts, read 28,425,650 times
Reputation: 9764
Quote:
Originally Posted by wit-nit View Post
Economists say his tax plan will cause trillions to be added to the national debt. So what will be gained.

The inflation rate.


Inflation is the enemy of seniors, many of whom live on a relatively fixed income.


Borrowing so that the rich can have their taxes cut, presumably eventually to zero, is insane policy that will have an inevitable COSMIC impact.
 
Old 10-03-2017, 08:53 AM
 
Location: WA
5,398 posts, read 21,417,446 times
Reputation: 5903
Quote:
Originally Posted by FiveLoaves View Post
This Consumer Reports Article should not give anyone solace. It's forced to Guess the New Brackets, like everybody else not in on the Secret Plan......it does not help DW and Me at all. And She and I are all I'm concerned with at this point in time.

"The top 1 percent of earners, for instance, would see an 8.5 percent savings between 2018 and 2027.
While those making less than about $150,000 would get an average tax cut of 0.5 percent or less"


And I dare not post the cost in Trillions to the Treasury over the next 10 years. It would break the Internet.
Since the top 1% of earners pay about 40% of the taxes and the bottom 50% pay about 2% of the taxes, statements like this one from CR are very misleading and just work against a productive discussion.
 
Old 10-03-2017, 10:30 AM
 
Location: Charleston, SC
1,369 posts, read 771,288 times
Reputation: 2428
Sorry to burst your Talking Points Bubble, but here are the facts.....

"analysis found that if the bottom 50 percent of Americans (those earning less than $33,048 a year) had their gross income taxed at a flat rate of 50 percent, the government would net around $537 billion.
However, taxing the top 1 percent (earning $380,354 or more) at the same 50 percent rate would rake in about $843 billion."

So tell us again how you think those earning less than $34,000 should shoulder a bigger share of the Tax Burden.
 
Old 10-03-2017, 12:15 PM
 
Location: Washington State
18,645 posts, read 9,633,288 times
Reputation: 15881
Quote:
Originally Posted by cdelena View Post
Since the top 1% of earners pay about 40% of the taxes and the bottom 50% pay about 2% of the taxes, statements like this one from CR are very misleading and just work against a productive discussion.
That's why we cannot increase our social services without a real tax on the bottom 50% and the upper income groups as well.
 
Old 10-04-2017, 01:16 PM
 
Location: Manhattan
21,515 posts, read 28,425,650 times
Reputation: 9764
Quote:
Originally Posted by cdelena View Post
Since the top 1% of earners pay about 40% of the taxes and the bottom 50% pay about 2% of the taxes, statements like this one from CR are very misleading and just work against a productive discussion.


That is a consulate load of crap.
 
Old 10-04-2017, 02:13 PM
 
Location: WA
5,398 posts, read 21,417,446 times
Reputation: 5903
Quote:
Originally Posted by Kefir King View Post
That is a consulate load of crap.
Numerous sources quote those numbers, what do you base your scepticism on?
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.


Closed Thread

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Retirement
Follow City-Data.com founder on our Forum or

All times are GMT -6.

2005-2019, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35 - Top