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Any company with ANY business sense, will reinvest that 15% into their company, not give it away to it's employees. Which in turn will mean more manager level positions in that company as they expand. But you'd actually have to work for that position/pay increase.
To think that a company would just give their low level employees a pay rise is beyond naive. That is business suicide.
The ONLY thing that will increase minimum wage is the market force of supply and demand. Stop illegal immigration FFS
Well seems to me that they could have provided some of the windfall to their employees and still had plenty over for investment, this is new found money. Last time when GW allowed repatriation of overseas dollars it went to stock buy backs and executive compensation, not the average worker. We will see if this turns out different but right now it looks like they are buying back stock, there are some benefits in that but not what we expected for this deficit spending.
Funny you have the audacity to call out my concern. I couldn't care less about them.
You on the other hand are so jealous and vile that you want to murder them for their money.
Its not being jealous or vile, its common sense. All of the wage growth since the Reagan years went to the top few percent while the middle class has been stagnant but your concern is tax reform for the wealthy.
If inflation relative to capital gains was such a large issue why wasn't it addressed in the tax cut bill. Here we are 7 months later looking to increase the deficit yet again mostly for the wealthy, where exactly are the offsets for this. The economy is the best its been in years and we are increasing the deficit, that should be a red flag but here we are again. Reaganomics part 2 with people like Kudlow at the helm claiming tax cuts pay for themselves.
Don't those who will save more money care that their kids and their kids kids will pay for this?
No. And their kids won't pay for it, because they'll be the direct beneficiaries of the tax-sheltered wealth. The burden will fall mostly on the poor and what used to be the middle class. And that's fine by them, because (a) they don't care about other people, and (b) everybody knows that poor people are only poor because they're too lazy and undisciplined to be rich.
Trump Proposes To Give Tax Cuts To Rich... MAGA Baby!
The proposal under consideration is to index capital gains to inflation.
Sounds good to me; I held 3M for 30 years. Sold it and paid capital gains on everything.
I'm not rich. Just retired.
The hysteria of the title is predictable, though. They know nothing. That's why they keep losing.
he needs to get crazy with cuts in spending or he is just taxing the crap out of the future like his predecessors.
Yeah, like where will we ever get the notes generated on computers. ..?
We don't have a money problem. We can't print all we like until industrial utilization and employment is maxed out.
Time is actually money when it comes to a state, and I don't think bank credit is any better. Its actually far worse since most of it is mortgage money. It never creates a supply of anything.
As the economy gets moving however, I would agree that cutting spending on some of our crappy agencies would be great. Once full employment is reached, then deficits will get us nowhere. We will need to send federal leaches back into the work force.
Its not being jealous or vile, its common sense. All of the wage growth since the Reagan years went to the top few percent while the middle class has been stagnant but your concern is tax reform for the wealthy.
If inflation relative to capital gains was such a large issue why wasn't it addressed in the tax cut bill. Here we are 7 months later looking to increase the deficit yet again mostly for the wealthy, where exactly are the offsets for this. The economy is the best its been in years and we are increasing the deficit, that should be a red flag but here we are again. Reaganomics part 2 with people like Kudlow at the helm claiming tax cuts pay for themselves.
What kind of common sense is to murder or threaten to murder others for their money?
Just as soon as he passes legislation that the stock and RE markets must keep pace with inflation.
We're discussing taxes on inflation, not guaranteed profit.
Quote:
Originally Posted by desertdetroiter
You guys always have a nice excuse for why the millionaires need to be lavished upon. Now they’ve gotta be saved from inflation.
What’s the next scheme you right wingers are cooking up to give them more dough?
Oh I know; you’ll soon be suggesting that we all cut our wages by half so that our bosses can pocket more money.
You are both doing a fine job representing the false dichotomy designed by the oligarchs. Colorado does a fine job of suggesting da guberment is stealing corporate money by taxation, and desertdetroiter represents the oligarchy very well by supporting polices to break up any organized labor.
The proposal under consideration is to index capital gains to inflation.
Sounds good to me; I held 3M for 30 years. Sold it and paid capital gains on everything.
I'm not rich. Just retired.
The hysteria of the title is predictable, though. They know nothing. That's why they keep losing.
I am going to have to agree against Trump on this policy. 10% on long term capital gains and people are going to whine about it? You don't get less with a financial loss if its based on capital anyway. If I purchased a crappy car from the 70s, a rotary phone or an old computer I'd be better off?
The only time you lose is when its BS capital appreciation on economic rents which a lot of those returns are based on. Oh sure, buying a deed for land , an asset created by da guberment of access privileges, will go up in value.
How about abolishing the income tax instead and replacing it with fees for da guberment services like incorporation , copy rights, patents, trade marks, contracts, rights of way , property taxes to pay for public infrastructure and so on?
The proposal under consideration is to index capital gains to inflation.
Sounds good to me; I held 3M for 30 years. Sold it and paid capital gains on everything.
I'm not rich. Just retired.
The hysteria of the title is predictable, though. They know nothing. That's why they keep losing.
85% of tax cut goes to top 1%- congrats you made some money over 30 years....this will be yet another cut aimed solely at the class of people who derive wealth from assets rather than salary....you can craft a policy aimed at giving cut to middle class rather than cheer wildly for the crumbs of the top 1%....
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