healthmyths
Platinum Member
- Sep 19, 2011
- 29,353
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- #61
NO FACTS! JUST your subjective, personal experience!You are the dummy. The tax reductions were invested in the stock market and not in the economy, and the treasury was jilted out of 2 trillion dollars because of it.$14000 a month? No. I am a business owner for 30+ years. You? Part-time jobs were available as we came out of the recession and had nothing to do with healthcare. It had to do with a lack of working capital. The environmental regulations were put into effect to protect your health from pollution. Was it overkill? Yes, but they all should not have been arbitrarily slashed without researching them, and don't tell me that Trump did any research because he makes decisions based on his "gut", remember? He slashed regulations for money.Of course he "slashed" regulations! Regulations like this Obamacare result!Trump is a robber barron, gave his wealthy friends a huge tax reduction, and slashed regulations so that the wealthy could become more wealthy. He doesn't give a rat's ass about the American people and his previous life is indicative of that. Read about him.The people who were compelled to hate Trump the most were the lowlife elitist robber barons. Trump put the American people in front of establishment politicians and business people. He was the first politician to ever do that and it financially hurt our robber baron class. Neocons and the entire Democrat party couldn't allow any President to take away their rigged money scams. Those are the scumbags who hate Trump the most.
Under Obama 95% of new jobs part-time.
Nearly 95% of all new jobs during Obama era were part-time, or contract By Investing.com
Because Obamacare required a business that hired the 50th employee to pay $14,000/month for that new employee in health insurance for all.
It was cheaper to hire 2 part-time workers at 20 hours/week.
Rules and regulations cost American business Almost $1.9 Trillion, Study Finds And at $1.885 trillion, the cost of regulations now exceeds the cost of federal individual and corporate income taxes, which raised about $1.82 trillion last year
Federal Regulations Now Cost Almost $1.9 Trillion, Study Finds
Do we live in a democracy, or a regulatory dictatorship? It's hard to tell sometimes, especially after reading the latest annual report on the regulatory state issued by the Competitive... Read Morewww.investors.com
OH but wait... YOU are one of those people that think the "evil wealthy" either
1) bury their excess money in the back yard or 2) hide it under their mattresses! RIGHT???
How absolutely stupid people like you are!
Because of Trump's tax reform nearly
Commerce Dept.: Companies Brought $1 Trillion Back to U.S. Under Trump Tax Cuts
Investment banks and think tanks have estimated that American corporations held
$1.5 trillion to $2.5 trillion in offshore cash at the time the law was enacted.
Before the overhaul, companies were incentivized to keep profits overseas because
they owed a 35% tax when bringing it back and could defer payment by keeping funds offshore.
The law set a one-time 15.5% tax rate on cash and 8% on non-cash or illiquid assets.
Even without the federal government taxing new foreign income as it comes home, costs remain to moving cash across borders.
Some U.S. states tax repatriated profits, and some countries impose taxes on dividends paid to parent companies.
Commerce Dept.: Companies Brought $1 Trillion Back to U.S. Under Trump Tax Cuts
American companies have brought $1 trillion back to the United States since the passage of President Donald Trump's tax cuts in 2017.www.breitbart.com
FACTS that dummies like you just don't comprehend! "Evil wealthy"!!!
NOW for FACTS!
1)The treasury never got the $2.5 trillion as it was offshore! Dummy. Because:
"keep profits overseas because they owed a 35% tax when bringing it back and could defer payment by keeping funds offshore."
Commerce Dept.: Companies Brought $1 Trillion Back to U.S. Under Trump Tax Cuts
Now if YOU really are a evidently a piss-poor "owner" you evidently aren't big enough to have ANY
money offshore and if you did you are a hypocrite!
2) To bring back the $1 trillion the companies paid 15.5% tax rate on cash and 8% on non-cash or illiquid assets. So if it was all non-cash.. the taxes are $80 billion the govt. would never have received.
3) $14,000 per month for health insurance...
the average cost of employer-sponsored health insurance for annual premiums was $7,188 for single coverage and $20,576 for family coverage.
So the premium for one single person paid by employer (and evidently YOU don't provided employee health insurance!!!) $7,188 X 50 employees is $359,400 annually or $29,950/month IF the employer
(unlike you evidently...) would be paying $29,950 A Month for that 50th employee... so it was cheaper and proof dummy, from:
Nearly 95% of all new jobs during Obama era were part-time, or contract By Investing.com
So "DUMMY" you evidently are an employer who never provided health insurance...for SHAME!
You evidently never had enough revenue to justify NOT paying double taxation which I doubt you ever understood!