Wealthy Republican Congressmen vote to slash their own taxes

[Toddsterpatriot]

By all means, explain why the effective corporate rate is less than 35%, and why the reasons for that lower rate should be disallowed.

explain why the effective corporate rate is less than 35%

By definition, the effective tax rate must be less than the statutory rate of 35%, dope.

I'm not opposed to a lower rate. I'm opposed to the current plan. There should have been concessions made by corps and loopholes should have been closed.

Great, so what makes the effective rate too low for your liking?
Which of the factors that lowers it should be eliminated?
Be specific.

I never said it should be eliminated, dope.

The average effective corp tax rate is like 17%. Half the statutory rate.

The average effective corp tax rate is like 17%.

List what corporations are doing to get it down to 17% and explain why those actions should be disallowed.
If they shouldn't be disallowed, why are you whining about them?

Who's said it should be disallowed?
I've said nothing about that, dope.

Who's said it should be disallowed?

A bunch of whiners who don't understand that corporations pay 35% of taxable earnings.

 

[MadChemist]

100% of wealthy Republican Congressmen voted to slash their own taxes
100% of wealthy Democratic Congressmen voted against it

Well then, that makes up some ground over all the generational welfare leeches who contribute nothing to this country yet can vote to raise them to benefit themselves at taxpayer expense.

Those "leeches" aren't voting to line their own pockets....Republicans in Congress are

Please stop writing stuff that makes no sense.

 

[deanrd]

100% of wealthy Republican Congressmen voted to slash their own taxes
100% of wealthy Democratic Congressmen voted against it

80% to the top 1%.

USMB Republicans can't figure out what the problem is here.

 

[Wyatt earp]

There won't be any significant growth.

So, if there is no significant growth, what will happen if the tax rate stays the same or increases? Will there be more growth?

Better that our fat-assed Fedzilla government suck up all that money and use it to pay off Iran and throw money at other countries to not blow up their neighbors, right?

We should throw all that money at people to allow them to sit home and do nothing?

No, if growth is the goal, the investment should be where the return is highest. There were no requirements for investment in growth in the legislation.

How could there be, you do realize we are not a socialist country right?

 

[Wyatt earp]

100% of wealthy Republican Congressmen voted to slash their own taxes
100% of wealthy Democratic Congressmen voted against it

80% to the top 1%.

USMB Republicans can't figure out what the problem is here.

Rderp can't figure out 47% pays no federal taxes .

 

[deanrd]

View attachment 166950

The person that takes those pictures abuse the kids to get them to cry.

I know your kind finds that hilarious.

The GOP Has Officially Engineered a Children’s Health-Care Crisis

 

[deanrd]

100% of wealthy Republican Congressmen voted to slash their own taxes
100% of wealthy Democratic Congressmen voted against it

80% to the top 1%.

USMB Republicans can't figure out what the problem is here.

Rderp can't figure out 47% pays no federal taxes .

They will now dum dum.

 

[Wyatt earp]

Businesses don't expand because they have cash, they expand because there is demand to do so.

You are taking the position that the ONLY reason businesses will decide whether to expand is because of demand? Forget having the money to do so or having the extra money to be willing to take the risk?


There could be all the demand in the world, but if there is no cash, the business is less likely to expand.


Who is taking the simplistic view now?

No, I've told you already, dope.

Your premise that all businesses are handicapped by the current rate.

What is a "handicap"? This is total bullshit.

Unless the tax rate is ZERO, all businesses will be handicapped by the current rate. You are making no sense.

less money = fewer options/opportunities

You are telling me that taking home $200,000 v. $220,000 is NO DIFFERENT?

American business is flush with cash already. Businesses aren't currently failing.

Whirlpool isn't going to build a new plant producing appliances if their inventory is full just because they have the cash to do so.

American business is flush with cash already.

Like they were reluctant to invest after 8 years of Obama and Clinton expected to win........

Whirlpool isn't going to build a new plant producing appliances

They're more likely to do it today, with 100% immediate expensing.

Why would whirlpool build a plant when their inventory is full? Who's buying?

The Fortune 500 posted record profits nearly every quarter under Obama, fool.

Same old shit ever hear of quantitive easing fool?

 

[Toddsterpatriot]

Businesses don't expand because they have cash, they expand because there is demand to do so.

You are taking the position that the ONLY reason businesses will decide whether to expand is because of demand? Forget having the money to do so or having the extra money to be willing to take the risk?


There could be all the demand in the world, but if there is no cash, the business is less likely to expand.


Who is taking the simplistic view now?

No, I've told you already, dope.

Your premise that all businesses are handicapped by the current rate.

What is a "handicap"? This is total bullshit.

Unless the tax rate is ZERO, all businesses will be handicapped by the current rate. You are making no sense.

less money = fewer options/opportunities

You are telling me that taking home $200,000 v. $220,000 is NO DIFFERENT?

American business is flush with cash already. Businesses aren't currently failing.

Whirlpool isn't going to build a new plant producing appliances if their inventory is full just because they have the cash to do so.

American business is flush with cash already.

Like they were reluctant to invest after 8 years of Obama and Clinton expected to win........

Whirlpool isn't going to build a new plant producing appliances

They're more likely to do it today, with 100% immediate expensing.

Why would whirlpool build a plant when their inventory is full? Who's buying?

The Fortune 500 posted record profits nearly every quarter under Obama, fool.

Why would whirlpool build a plant

They didn't build that, eh comrade?

And who said their inventory was full?

Whirlpool (WHR) Inventory Turnover Ratio, from second quarter 2017 to second quarter 2016, current and historic results, rankings and more, Quarterly Fundamentals - CSIMarket

 

[Wyatt earp]

100% of wealthy Republican Congressmen voted to slash their own taxes
100% of wealthy Democratic Congressmen voted against it

80% to the top 1%.

USMB Republicans can't figure out what the problem is here.

Rderp can't figure out 47% pays no federal taxes .

They will now dum dum.

Then how come your not happy?

 

[Hutch Starskey]

Liz Warren voted against slashing her own taxes
Donald Trump and his family will make billions off of the tax cuts


Will come in handy in the 2020 election

You do know people work right?


Wait till they see their check stubs in January...

Yep, they'll be able to get a new set of tires in about six months. What a boon!

And your point being?

There won't be any significant growth.

Yea and Trump won't win the presidency...

Don't take my word for it. Use your brain.
If a family making $75k/yr and assume they spend it all. They then get $2k back in tax reduction and spend it. What is the percentage increase in their spending?

Let me help.

.026%

That's does nothing for growth.

 

[Wyatt earp]

You do know people work right?


Wait till they see their check stubs in January...

Yep, they'll be able to get a new set of tires in about six months. What a boon!

And your point being?

There won't be any significant growth.

Yea and Trump won't win the presidency...

Don't take my word for it. Use your brain.
If a family making $75k/yr and assume they spend it all. They then get $2k back in tax reduction and spend it. What is the percentage increase in their spending?

Let me help.

.026%

That's does nothing for growth.

Then send me your 2 grand.

 

[Hutch Starskey]

Businesses don't expand because they have cash, they expand because there is demand to do so.

You are taking the position that the ONLY reason businesses will decide whether to expand is because of demand? Forget having the money to do so or having the extra money to be willing to take the risk?


There could be all the demand in the world, but if there is no cash, the business is less likely to expand.


Who is taking the simplistic view now?

No, I've told you already, dope.

Your premise that all businesses are handicapped by the current rate.

What is a "handicap"? This is total bullshit.

Unless the tax rate is ZERO, all businesses will be handicapped by the current rate. You are making no sense.

less money = fewer options/opportunities

You are telling me that taking home $200,000 v. $220,000 is NO DIFFERENT?

American business is flush with cash already. Businesses aren't currently failing.

Whirlpool isn't going to build a new plant producing appliances if their inventory is full just because they have the cash to do so.

American business is flush with cash already.

Like they were reluctant to invest after 8 years of Obama and Clinton expected to win........

Whirlpool isn't going to build a new plant producing appliances

They're more likely to do it today, with 100% immediate expensing.

Why would whirlpool build a plant when their inventory is full? Who's buying?

The Fortune 500 posted record profits nearly every quarter under Obama, fool.

Why would whirlpool build a plant

They didn't build that, eh comrade?

And who said their inventory was full?

Whirlpool (WHR) Inventory Turnover Ratio, from second quarter 2017 to second quarter 2016, current and historic results, rankings and more, Quarterly Fundamentals - CSIMarket

And who said their inventory was full?

I did in my example that you responded to , dope.

It was an example.

 

[Wyatt earp]

You do know people work right?


Wait till they see their check stubs in January...

Yep, they'll be able to get a new set of tires in about six months. What a boon!

And your point being?

There won't be any significant growth.

Yea and Trump won't win the presidency...

Don't take my word for it. Use your brain.
If a family making $75k/yr and assume they spend it all. They then get $2k back in tax reduction and spend it. What is the percentage increase in their spending?

Let me help.

.026%

That's does nothing for growth.

And bullshit $2,000 x 80 million ,= a shit load of money back into the economy

 

[usmcstinger]

Who pays the majority of taxes in the US?

 

[Hutch Starskey]

Liz Warren voted against slashing her own taxes
Donald Trump and his family will make billions off of the tax cuts


Will come in handy in the 2020 election

You do know people work right?


Wait till they see their check stubs in January...

Yep, they'll be able to get a new set of tires in about six months. What a boon!

I didn't see the Dems cutting my taxes.........

I'm still waiting for my tires from Clinton's 1993 middle class tax cut. What an asshole!

The Dems would try to get you higher wages not throw you a $1000 bone.

 

[Wyatt earp]

Liz Warren voted against slashing her own taxes
Donald Trump and his family will make billions off of the tax cuts


Will come in handy in the 2020 election

You do know people work right?


Wait till they see their check stubs in January...

Yep, they'll be able to get a new set of tires in about six months. What a boon!

I didn't see the Dems cutting my taxes.........

I'm still waiting for my tires from Clinton's 1993 middle class tax cut. What an asshole!

The Dems would try to get you higher wages not throw you a $1000 bone.

How Mr socialist ?


And don't say higher national minimum wage it doesn't do a damn thing except trickle up poor .

 

[Toddsterpatriot]

You do know people work right?


Wait till they see their check stubs in January...

Yep, they'll be able to get a new set of tires in about six months. What a boon!

And your point being?

There won't be any significant growth.

Yea and Trump won't win the presidency...

Don't take my word for it. Use your brain.
If a family making $75k/yr and assume they spend it all. They then get $2k back in tax reduction and spend it. What is the percentage increase in their spending?

Let me help.

.026%

That's does nothing for growth.

If a family making $75k/yr and assume they spend it all. They then get $2k back in tax reduction and spend it. What is the percentage increase in their spending?

2/75 = 2.67% increase.................Duh

 

[Toddsterpatriot]

You are taking the position that the ONLY reason businesses will decide whether to expand is because of demand? Forget having the money to do so or having the extra money to be willing to take the risk?


There could be all the demand in the world, but if there is no cash, the business is less likely to expand.


Who is taking the simplistic view now?

What is a "handicap"? This is total bullshit.

Unless the tax rate is ZERO, all businesses will be handicapped by the current rate. You are making no sense.

less money = fewer options/opportunities

You are telling me that taking home $200,000 v. $220,000 is NO DIFFERENT?

American business is flush with cash already. Businesses aren't currently failing.

Whirlpool isn't going to build a new plant producing appliances if their inventory is full just because they have the cash to do so.

American business is flush with cash already.

Like they were reluctant to invest after 8 years of Obama and Clinton expected to win........

Whirlpool isn't going to build a new plant producing appliances

They're more likely to do it today, with 100% immediate expensing.

Why would whirlpool build a plant when their inventory is full? Who's buying?

The Fortune 500 posted record profits nearly every quarter under Obama, fool.

Why would whirlpool build a plant

They didn't build that, eh comrade?

And who said their inventory was full?

Whirlpool (WHR) Inventory Turnover Ratio, from second quarter 2017 to second quarter 2016, current and historic results, rankings and more, Quarterly Fundamentals - CSIMarket

And who said their inventory was full?

I did in my example that you responded to , dope.

It was an example.

Yes, your made up fact was incorrect, dope.

 

[Wyatt earp]

Liz Warren voted against slashing her own taxes
Donald Trump and his family will make billions off of the tax cuts


Will come in handy in the 2020 election

You do know people work right?


Wait till they see their check stubs in January...

Yep, they'll be able to get a new set of tires in about six months. What a boon!

I didn't see the Dems cutting my taxes.........

I'm still waiting for my tires from Clinton's 1993 middle class tax cut. What an asshole!

The Dems would try to get you higher wages not throw you a $1000 bone.

Wait a second that is higher wages you fool thats an extra Grand every year ..

God damn pup, Obama was the one who threw a bone with his stimulus.