The guy that won't show his taxes wants to "fix" ours???

Bill said:
Stop living in the past..... Whatever his record was means nothing going forward now does it........
Click to expand...

Actually it does when those that want to see Trump's taxes now supported Obama hiding his college records when it current.

You're still living by that double standard as usual.
 
Craig234 said:
Regarding the Great Recession, look at it as a black box - before it American had trillions more dollars across the board; inside it, everyone lost a lot; a decade later, the 1% are way ahead of where they were but the bottom 90% aren't close to recovering.

That has a lot of causes, but the bottom line is that things like the stock market, which is overwhelmingly owned by those at the top with a small fraction for the middle wit 401(k)'s and not at all for the bottom, recovered more than things like home values.

Look at the chart below about the changes before 2008:

http://i.huffpost.com/gen/2623654/original.jpg

And how the big change was in 1980:

https://4.bp.blogspot.com/-5nmWoEV2...0/productivity-v-wage-growth_EPI_original.jpg

Whose income rose after the crash?

http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2017/10/22/20171025_econ2.png
Click to expand...

Actually in many places in the country we are back in a housing bubble. And my whole reference to QE and asset bubbles was to the stock market and housing. We are reliving what we just went through.
 
ThatOwlWoman said:
I agree, especially taxing the people who drive the economy -- the lower- and middle-class workers. Despite their insistence on calling the wealthy "job creators," Republicans got that wrong. It's the rest of us who spend and buy, and *that* is what enables the economy to grow and employers to have a reason to hire more workers. The wealthy tend to stash their extra cash and pass it along to their progeny. Notice how the (R)s want to get rid of the estate tax as well? Why's that?
Click to expand...

Where do you believe investment capital for start ups comes from?
 
cawacko said:
Actually in many places in the country we are back in a housing bubble. And my whole reference to QE and asset bubbles was to the stock market and housing. We are reliving what we just went through.
Click to expand...

without the subprime


man are you bad at this prediction thing
 
CFM said:
Actually it does when those that want to see Trump's taxes now supported Obama hiding his college records when it current.

You're still living by that double standard as usual.
Click to expand...

lets have trumps college records too
 
ThatOwlWoman said:
How, exactly, are they doing that again?
Click to expand...

The state and local tax exemption. Your children probably pay three times the state and local taxes that mine do, assuming comparable careers. With the state and local tax exemption, they pay less federal tax. So in effect, my kids are subsidizing yours.
 
Covfefe said:
There is very little benefit for middle class in this tax reform. The bulk of it, once again, benefits the 1%

[h=2]Loser: The deficit[/h]Republicans used to consider themselves deficit hawks, but their plan will add at least $1.5 trillion to the federal debt over a decade. Many economists think that it will be more than this, because Republican tax-writers are using optimistic assumptions about economic growth when assessing their plan. If deficits continue to swell, it would depress economic growth and lawmakers would likely have to consider raising taxes or cutting spending to compensate as an aging population puts pressure on federal entitlement programs like Social Security and Medicare.

https://www.google.com/amp/s/mobile...s/republican-tax-plan-winners-losers.amp.html
Click to expand...

That is typical liberal bullshit.

1) Doubling the standard deduction... greater benefit goes to lower and middle income families
2) Modification to mortgage deduction... hits the top 1%
3) Higher amounts per bracket in lower brackets benefits the lower and middle income families, the wealthy still have same upper brackets
4) Lowering the corporate tax benefits the lower and middle income families as the corporate tax is highly regressive.

The bottom 50% won't be paying any portion of the federal income tax.

Truly funny seeing your article proclaim the Reps are usually optimistic about their projections. Time and time again the Dems tout their plans as great for the economy only to discover what a drain they are. That is why the Dems didn't pay for the subsidies to Obamacare within the law itself. They instead watched Obama illegally subsidize the plans.
 
You must log in or register to reply here.
Back
Top