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Old 02-10-2017, 11:22 AM
 
1,768 posts, read 1,638,804 times
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I'm excited about this.
Of course, I wish it'd be 0 to 5%, but it'll end up being 15 to 20%

Trump Says 'Big-League' Tax Reform Details Coming in Weeks | Fox Business

Elites win....trumpites keep losing!!!!!
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Old 02-10-2017, 11:24 AM
 
56,988 posts, read 35,215,209 times
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For what? Corporations aren't paying it anyway. At least nowhere near the statutory amount.

Please. Must we have this argument again?
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Old 02-10-2017, 12:29 PM
 
1,768 posts, read 1,638,804 times
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Quote:
Originally Posted by desertdetroiter View Post
For what? Corporations aren't paying it anyway. At least nowhere near the statutory amount.

Please. Must we have this argument again?

If there are legal loopholes, why shouldn't they take advantage of them.

Trumpites losing again...
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Old 02-10-2017, 12:31 PM
 
Location: Gilbert, Arizona
2,940 posts, read 1,813,927 times
Reputation: 1940
Quote:
Originally Posted by tonym9428 View Post
If there are legal loopholes, why shouldn't they take advantage of them.

Trumpites losing again...
Not just Trumpers. We all lose as a country. Democracy loses.

As if big money is not enough of an influence in Washington, we need more of it.
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Old 02-10-2017, 12:38 PM
 
14,221 posts, read 6,966,079 times
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Yes, huge cuts for the donor class. Crumbs for the 99%, and massive cuts in spending on healthcare, roads, parks, support for the disabled, the elderly etc.
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Old 02-10-2017, 12:41 PM
 
Location: United States
12,391 posts, read 7,100,577 times
Reputation: 6135
This is what people elected Trump for, it's good to see him pushing for this to happen now.

Congress, the ball is now in your court. Remember, elections are coming up in less than two years.
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Old 02-10-2017, 12:44 PM
 
14,221 posts, read 6,966,079 times
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Quote:
Originally Posted by stburr91 View Post
This is what people elected Trump for, it's good to see him pushing for this to happen now.

Congress, the ball is now in your court. Remember, elections are coming up in less than two years.
Yes, the Goldman Sachs CEO is in charge of this new overhaul. LOL, exactly what the people elected Trump for. International Wall Street banker big wigs are going to make America great again. And end it with a crash which salt of the earth Americans have to pay for.
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Old 02-10-2017, 12:50 PM
 
Location: United States
12,391 posts, read 7,100,577 times
Reputation: 6135
Quote:
Originally Posted by PCALMike View Post
Yes, the Goldman Sachs CEO is in charge of this new overhaul. LOL, exactly what the people elected Trump for. International Wall Street banker big wigs are going to make America great again. And end it with a crash which salt of the earth Americans have to pay for.
As I've said a number of times, including before the election, recession is coming. A tax cut is the only thing that could further delay it.

Trump doesn't have the advantage Obama had his entire two terms, record low interest rates, and extremely low energy prices. We are going to need this tax cut if we are going to have any chance of further delaying the next recession.

We are by the historical data, overdue for a recession (there has been other indicators of a coming recession for the last year already).

My prediction is that the donor class that is infuriated by the fact that they didn't get to choose the 45th president, will take action to make the next recession as bad as possible.
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Old 02-10-2017, 12:53 PM
 
14,221 posts, read 6,966,079 times
Reputation: 6059
Quote:
Originally Posted by stburr91 View Post
As I've said a number of times, including before the election, recession is coming. A tax cut is the only thing that could further delay it.

Trump doesn't have the advantage Obama had his entire two terms, record low interest rates, and extremely low energy prices. We are going to need this tax cut if we are going to have any chance of further delaying the next recession.

We are by the historical data, overdue for a recession.
LOL, this tax cut is meant to blow up the debt even further. All neutral observers agree on that. A massive hit which will be paid for by cut in Trumpsters' SS and Medicare and more user fees on stuff like parks, roads, schools etc. Thats what Goldman wants and thats what they are getting with Gary Cohn in charge.
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Old 02-10-2017, 12:55 PM
 
3,337 posts, read 5,120,804 times
Reputation: 1577
What will these businesses do now that they will be paying less in taxes? Hire more American workers by investing in growth initiatives or enrich the pockets of executives further? Time will tell.
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