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What are the corporations going to do with all the money they save?
Can any explain Trump's claim that a cut in the corporate tax rate from 35 percent to 20 percent would boost incomes of U.S. workers by at least $4,000 a year?
The White House Council of Economic Advisers put out a paper this week that says:
"Reducing the statutory federal corporate tax rate from 35 to 20 percent would, the analysis below suggests, increase average household income in the United States by, very conservatively, $4,000 annually."
I suppose that if you average all of the households in America, and include the millions of dollars that the CEOs from corporations will get as well as the $0 that everyone else gets, it might average out to $4,000.
But I don't see any way that my household income will increase by $4,000.
At this point, Trump is a liar until someone can come forward and prove that he is not.
Obama borrowed 4 trillion dollars from the Federal Reserve while driving up the debt 10 trillion dollars to 19 trillion. Your argument doesn't hold water.If you have to ask then you are liberal who doesn't want to hear the answer.Can any explain Trump's claim that a cut in the corporate tax rate from 35 percent to 20 percent would boost incomes of U.S. workers by at least $4,000 a year?
The White House Council of Economic Advisers put out a paper this week that says:
"Reducing the statutory federal corporate tax rate from 35 to 20 percent would, the analysis below suggests, increase average household income in the United States by, very conservatively, $4,000 annually."
I suppose that if you average all of the households in America, and include the millions of dollars that the CEOs from corporations will get as well as the $0 that everyone else gets, it might average out to $4,000.
But I don't see any way that my household income will increase by $4,000.
At this point, Trump is a liar until someone can come forward and prove that he is not.
When you find out that you actually do get more money in your take home pay, if you aren't a welfare queen, then you will know where it came from.
View attachment 156822
If it comes it will come from more borrowing and higher deficits and debt.
That's right, screw those corporations.
Raise their rates even higher.
What could go wrong?
DODGE from the fact that you know $4000 raise for workers is straight bullshit.
it's not impossible that someone's salary might go up from corps paying less taxes, but the connection is strenuous at best considering that corporations pay taxes on NET INCOME and salaries are EXPENSES that get subtracted from it.
DODGE from the fact that you know $4000 raise for workers is straight bullshit.
Where is the $2500 a year I was supposed to save on my insurance again?
corporations pay taxes on NET INCOME and salaries are EXPENSES that get subtracted from it
What are the corporations going to do with all the money they save?
DODGE from the fact that you know $4000 raise for workers is straight bullshit.
You just want to flap your mouth so it looks like you are saying something. You aren't.
Fuck off already.
Raise the rate to 100%. That will teach them to stop making money!That's right, screw those corporations.
Raise their rates even higher.
What could go wrong?
Raise the rate to 100%. That will teach them to stop making money!That's right, screw those corporations.
Raise their rates even higher.
What could go wrong?
And who was the president the last 8 years? The same guy who made the RICH, RICHER and made the middle class, much POORER. And he added 10 trillion to the national debt over 8 years, what President Trump proposes could raise it by 1.5 trillion over 10 years. You are quite a stupid bunch of people.Can any explain Trump's claim that a cut in the corporate tax rate from 35 percent to 20 percent would boost incomes of U.S. workers by at least $4,000 a year?
The White House Council of Economic Advisers put out a paper this week that says:
"Reducing the statutory federal corporate tax rate from 35 to 20 percent would, the analysis below suggests, increase average household income in the United States by, very conservatively, $4,000 annually."
I suppose that if you average all of the households in America, and include the millions of dollars that the CEOs from corporations will get as well as the $0 that everyone else gets, it might average out to $4,000.
But I don't see any way that my household income will increase by $4,000.
At this point, Trump is a liar until someone can come forward and prove that he is not.
Here's what has happen in the recent past using profits versus Real Dollar wage growth.
View attachment 156825
As we can see, corporate profits have increased dramatically in recent time. At the same time wages have decreased.
So that takes care of that.
Plus, we are still paying for the tax cuts from 2003, that primarily went to the wealthy. Now Trump/GOP will be adding another $1.5 trillion to the National Debt.
Where are the fiscal conservatives?
View attachment 156827
View attachment 156829
I cant argue with someone who only has liberal thinking..Obama borrowed 4 trillion dollars from the Federal Reserve while driving up the debt 10 trillion dollars to 19 trillion. Your argument doesn't hold water.If you have to ask then you are liberal who doesn't want to hear the answer.Can any explain Trump's claim that a cut in the corporate tax rate from 35 percent to 20 percent would boost incomes of U.S. workers by at least $4,000 a year?
The White House Council of Economic Advisers put out a paper this week that says:
"Reducing the statutory federal corporate tax rate from 35 to 20 percent would, the analysis below suggests, increase average household income in the United States by, very conservatively, $4,000 annually."
I suppose that if you average all of the households in America, and include the millions of dollars that the CEOs from corporations will get as well as the $0 that everyone else gets, it might average out to $4,000.
But I don't see any way that my household income will increase by $4,000.
At this point, Trump is a liar until someone can come forward and prove that he is not.
When you find out that you actually do get more money in your take home pay, if you aren't a welfare queen, then you will know where it came from.
View attachment 156822
If it comes it will come from more borrowing and higher deficits and debt.
Your claim has nothing to do with my argument.
Note: if the eventual GOP tax plan is ruled revenue neutral by calculations not based on voodoo, I will stand corrected.
Obama borrowed 4 trillion dollars from the Federal Reserve while driving up the debt 10 trillion dollars to 19 trillion. Your argument doesn't hold water.
Can any explain Trump's claim that a cut in the corporate tax rate from 35 percent to 20 percent would boost incomes of U.S. workers by at least $4,000 a year?
The White House Council of Economic Advisers put out a paper this week that says:
"Reducing the statutory federal corporate tax rate from 35 to 20 percent would, the analysis below suggests, increase average household income in the United States by, very conservatively, $4,000 annually."
I suppose that if you average all of the households in America, and include the millions of dollars that the CEOs from corporations will get as well as the $0 that everyone else gets, it might average out to $4,000.
But I don't see any way that my household income will increase by $4,000.
At this point, Trump is a liar until someone can come forward and prove that he is not.
Trickle downCan any explain Trump's claim that a cut in the corporate tax rate from 35 percent to 20 percent would boost incomes of U.S. workers by at least $4,000 a year?
The White House Council of Economic Advisers put out a paper this week that says:
"Reducing the statutory federal corporate tax rate from 35 to 20 percent would, the analysis below suggests, increase average household income in the United States by, very conservatively, $4,000 annually."
I suppose that if you average all of the households in America, and include the millions of dollars that the CEOs from corporations will get as well as the $0 that everyone else gets, it might average out to $4,000.
But I don't see any way that my household income will increase by $4,000.
At this point, Trump is a liar until someone can come forward and prove that he is not.
Where is the $2500 a year I was supposed to save on my insurance again?
What are the corporations going to do with all the money they save?
And who was the president the last 8 years? The same guy who made the RICH, RICHER and made the middle class, much POORER. And he added 10 trillion to the national debt over 8 years, what President Trump proposes could raise it by 1.5 trillion over 10 years. You are quite a stupid bunch of people.Can any explain Trump's claim that a cut in the corporate tax rate from 35 percent to 20 percent would boost incomes of U.S. workers by at least $4,000 a year?
The White House Council of Economic Advisers put out a paper this week that says:
"Reducing the statutory federal corporate tax rate from 35 to 20 percent would, the analysis below suggests, increase average household income in the United States by, very conservatively, $4,000 annually."
I suppose that if you average all of the households in America, and include the millions of dollars that the CEOs from corporations will get as well as the $0 that everyone else gets, it might average out to $4,000.
But I don't see any way that my household income will increase by $4,000.
At this point, Trump is a liar until someone can come forward and prove that he is not.
Here's what has happen in the recent past using profits versus Real Dollar wage growth.
View attachment 156825
As we can see, corporate profits have increased dramatically in recent time. At the same time wages have decreased.
So that takes care of that.
Plus, we are still paying for the tax cuts from 2003, that primarily went to the wealthy. Now Trump/GOP will be adding another $1.5 trillion to the National Debt.
Where are the fiscal conservatives?
View attachment 156827
View attachment 156829
What are the corporations going to do with all the money they save?
If history is a guide they will primarily pay it out as dividends to the shareholders.
There are expansionary effects here but THEY COME AT A COST of lowered Federal revenues.
Tax-cut on employee side taxes corporations pay would DIRECTLY reduce costs of labor and would make WAY more sense as far as helping the middle class, but it's simply not what this is about and the pretense is fairly transparent.
OMB: Top 20% pay 95% of taxes, middle class 'single digits'
Top 20% pay 95% of taxes, middle class 'single digits'
The BOTTOM 80% OF PEOPLE PAY 5% OF THE TAXES!
Yea, the RICH are not paying their "FAIR SHARE"!!
Idiot PROGS.
Yea, the RICH are not paying their "FAIR SHARE"!!
That's right, screw those corporations.
Raise their rates even higher.
What could go wrong?
DODGE from the fact that you know $4000 raise for workers is straight bullshit.
it's not impossible that someone's salary might go up from corps paying less taxes, but the connection is strenuous at best considering that corporations pay taxes on NET INCOME and salaries are EXPENSES that get subtracted from it.
DODGE from the fact that you know $4000 raise for workers is straight bullshit.
Where is the $2500 a year I was supposed to save on my insurance again?
corporations pay taxes on NET INCOME and salaries are EXPENSES that get subtracted from it
What are the corporations going to do with all the money they save?
DODGE from the fact that you know $4000 raise for workers is straight bullshit.
You just want to flap your mouth so it looks like you are saying something. You aren't.
Fuck off already.
More flapping.
How would her insurance carrier "confirm" that when it's against the law for them to release any of her personal information?Where is the $2500 a year I was supposed to save on my insurance again?
If you qualified for subsidies, then you would have, on average, saved that much. In fact, that's almost exactly the amount Julie Boonstra saved. You remember her, right? She was the fat, stupid, disgusting, lying, putrid, ugly, diseased sow the Koch brothers put in a commercial who whined about how her insurance costs went up. Only that wasn't true, and she was lying. Her insurance carrier confirmed that she saved $2,400 thanks to Obamacare. When confronted with the reality, Boonstra's response was just that of any Conservative; "I choose to not believe that".
So that's where we're at with Conservatives; they make a claim that isn't true, then chooses to not believe facts. Every. Single. Conservative is like that. There are no exceptions. Conservatives treat belief with more importance than facts.
What are the corporations going to do with all the money they save?
Pay it back to themselves in the forms of stock buy-backs and/or increase executive compensation. One thing they don't do is increase worker wages.
