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No, higher income doesn't mean someone is wealthy. In some areas $100,000 doesn't go very far and in others you can own a nice house and drive a new car. However, please don't try to convince me that the tax code is fair and equitable.
Exactly, but of course Obama and Democrats knew most people don't know this so they spouted, "make the rich pay more, people making high income"
Ignorance allows politicians to play you every time.
No, he doesn't. But he realizes that when you take over a failing business, that is often the best option provided by Congress to get a fresh start. It is a legal tool, and Congress established it. If you don't like it, blame them.
Even Obama used bankruptcy to "save" businesses, screwing GM stockholders (the owners, who should have been paid first) and favoring the Unions. Then he invested in other failing businesses (Solyndra) and others who went bankrupt later, again screwing the taxpayers.
Petch, you called her a liar repeatedly, and she indicated she wasn't going to respond. Why do you think she will now? Because you called her a idiot?
Go back and read. Does she (and you) want to hammer Trump but ignore how Obama and Democrats lied to the American people to gain support to raise taxes on the other guy so they could funnel more money to the government.
They said the same thing when Bush cut taxes. He cut taxes and fed tax revenue increased because of increased economic activity.
And since when have Democrats been concerned with the national debt or deficits? Not anytime over the last 8 years, that much is certain.
The Bush tax cuts had nothing to do with increased economic activity, our growth after his tax cuts was abysmal and led to even grater deficits. We have had this fixation on reducing taxes since Reagan and that is why we have enormous deficits, we don't come close to covering our expenditures. This appears to be more of the same. The Bush tax cuts were continued under Obama and that is where we are today running huge deficits and now here comes another tax cut.
Last edited by Goodnight; 04-26-2017 at 06:18 PM..
No, he doesn't. But he realizes that when you take over a failing business, that is often the best option provided by Congress to get a fresh start. It is a legal tool, and Congress established it. If you don't like it, blame them.
The point he is making is that bankruptcies arent as viable of a option for a country. We can't afford mistakes of that magnitude.
LOL, how typically liberal of you to tell me my income.
With the revealing of the Trump tax proposals and their lower tax rates, however, I may be incentivized to actually reinvest in my company again after three years of early semi-retirement! It might actually be worth growing the business. hmm, which would mean I would have to hire more people.
LOL, how typically liberal of you to tell me my income.
With the revealing of the Trump tax proposals and their lower tax rates, however, I may be incentivized to actually reinvest in my company again after three years of early semi-retirement! It might actually be worth growing the business. hmm, which would mean I would have to hire more people.
You are concerned about the cost of your mom. High income would mean you weren't. I'm 99.99% sure you arent in the top 0.1%.
Quote:
Originally Posted by petch751
Go back and read. Does she (and you) want to hammer Trump but ignore how Obama and Democrats lied to the American people to gain support to raise taxes on the other guy so they could funnel more money to the government.
Oh my, Obama lied...... Just ignore that.
We're talking about current events. How hard is that for you? This is about today. And im not going to bother addressing your hatred and delusions about Obama in this thread unless you make it relevant. So far all you are doing is ranting, and making yourself look bad.
You are concerned about the cost of your mom. High income would mean you weren't. I'm 99.99% sure you arent in the top 0.1%.
We're talking about current events. How hard is that for you? This is about today. And im not going to bother addressing your hatred and delusions about Obama in this thread unless you make it relevant. So far all you are doing is ranting, and making yourself look bad.
I help my mom and have my own bills, max 401k and HSA's and invest to take care of myself and DH for our own elderly years and yes, of course, those $920 a month Obamacare monthly premiums I'm forced to pay for maternity care at 56 years old.
See, the best thing we can do for society is NOT to be a poverty case at any point in our lives.
No, he doesn't. But he realizes that when you take over a failing business, that is often the best option provided by Congress to get a fresh start. It is a legal tool, and Congress established it. If you don't like it, blame them.
Even Obama used bankruptcy to "save" businesses, screwing GM stockholders (the owners, who should have been paid first) and favoring the Unions. Then he invested in other failing businesses (Solyndra) and others who went bankrupt later, again screwing the taxpayers.
But the Left don't want to talk about that.
whoa dude, stockholders dont get paid first who told you that?
stockholders are LAST always last. You clearly need to brush up your 101 investing as you do not understand your risk purchase if you think stockholders get paid first, they are last last and last.
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