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Why bring Trump into this?
Trump calls on Fed to cut rates by 1% and urges more quantitative easing
In a two-part tweet, the president says more easing would make the economy "go up like a rocket."www.cnbc.com
Great, I'm a CFP, so we can discuss. Have I said something you think is wrong?
If so, exactly what is that?
that limited government, free markets, ans federalism are partisan issuesGreat, I'm a CFP, so we can discuss. Have I said something you think is wrong?
If so, exactly what is that?
I didn't say anything about that. My comment was on the validity of hardcore partisan economists.Yes, that adding new dollar to an economy already experiencing massive inflation will "reduce inflation" That can only happen if you have Bernie Madoff's accountant working for you
I didn't say anything about that. My comment was on the validity of hardcore partisan economists.
Go ahead.
You need to study up. The $11 TRILLION we added to the economy didn't cause inflation until global supply chains collapsed as demand exploded.You're rejecting the bedrock principle that adding new dollars to an economy is inflationary
Wait a sec...Doesn't the Constitution demand that ALL taxing and spending bills originate in the HoR?"Raising taxes and increasing spending is "economic malpractice."
Nobody needs an econ degree to note that gubmint estimates of the revnue gains of tax increases always fall short, while expenditures always go far over budget.In reality, opinions from economists are mixed.
Mr. Williams is with the "American Legislative Exchange Council", a group that says it is "dedicated to the principles of limited government, free markets and federalism".
In other words, he is a partisan ideologue. And whether they're from the Left or the Right, economists who are partisan ideologues are worthless. He's throwing darts for air time.
Home - American Legislative Exchange Council
50th Annual Meeting of the American Legislative Exchange Council Kicking Off in Orlando, Florida.alec.org
1. Agreed tariffs are paid by importers, who pass the cost on to consumers, who may chose to buy cost-competitive US products instead.That's the objective.
STILL doesn't make China pay for US tariffs.
You're FOS, MORON.
We tried to bring back manufacturing to America.
You idiots killed it.
AND it included tax breaks.
November 20 2014
Senate Republicans on Thursday blocked the No.1 item on the president’s congressional “to-do-list,” refusing to allow a vote on a bill that would give tax breaks for companies that “insource” jobs to the U.S. from overseas while eliminating tax deductions for companies that move jobs abroad.
The Bring Jobs Home Act would provide a 20% tax break for the costs of moving jobs back to the United States and would rescind business expense deductions available to companies that are associated with the cost of moving operations overseas.
Sure, moron.
The Trump-GOP tax law enacted in December 2017 creates clear incentives for American-based corporations to move operations and jobs abroad, including a zero percent tax rate on many profits generated offshore.
An ITEP report published after lawmakers enacted the Trump-GOP tax law explains the several ways it encourages American-based corporations to shift profits offshore and even shift real operations and jobs offshore.
We would not have had inflation or a pandemic if Fau-Chi had not funded bat virus "gain-of-function" research at the Wuhan Lab, run by a Chinese general.We would not have inflation had Trump and other leaders not shut down the nations over a virus.
The president controls the department's funding. You have yet to prove your allegations.We would not have had inflation or a pandemic if Fau-Chi had not funded bat virus "gain-of-function" research at the Wuhan Lab, run by a Chinese general.
Yet, Trump claimed he would balance the budget and eliminate the debt.Nobody needs an econ degree to note that gubmint estimates of the revnue gains of tax increases always fall short, while expenditures always go far over budget.
Neither the thread nor the bill in question is about Trump, asshat.Yet, Trump claimed he would balance the budget and eliminate the debt.
Fau-Chi funded the research at the Wuhan Lab, and even continued it illegally after the Obama admin paused it.The president controls the department's funding. You have yet to prove your allegations.
www.nationalreview.com
www.foxnews.com
www.politico.com
Is THAT why Trump signed his "tremendous" new trade deal with China, INCREASING trade with them by $200 billion?1. Agreed tariffs are paid by importers, who pass the cost on to consumers, who may chose to buy cost-competitive US products instead.
2. We are still trying to bring back manufacturing, like chip manufacturing, instead of relying on China or Taiwan.
They did, moron.3. The democrats should have sweetened the deal with a tax cut for US corporations. It was still much cheaper to outsource even with the Bring Jobs Home Act tax cut gimmick.
No, it doesn't.4. The monster I was referring to was China, especially their military and global ambitions.
What incentives to move jobs abroad? It cut the Corporate tax rate from 35% to 21%. That keeps jobs in the US, duh.What's in the GOP's final tax plan
The final bill still leans heavily toward tax cuts for corporations and business owners. But it also expands or restores some tax benefits for individuals relative to the earlier bills passed by the House and Senate.money.cnn.com
Yes, there were, liar.There was no "zero percent tax rate on overseas profits", that's a LIE. The Law encouraged bringing back capital from overseas with a one-time low tax rate.
That was TRUMP'S proposal, that never amounted to shit."In the meantime it would require companies to pay a one-time, low tax rate on their existing overseas profits -- 15.5% on cash assets and 8% on non-cash assets (e.g., equipment abroad in which profits were invested), slightly higher than the rates in the Senate- and House-passed bills."
Poor people don’t pay corporate income tax. Corporations do.Breaking: Democrats increase TAXES on the poor and middle class. Did you know one of the hardest hit industries by the Dems 15% punishment tax on corporations is the auto industry. So those taxes will be passed down to everyone purchasing a new or used car. Thanks Dems you assholes!
