Stock Market is celebrating the likelihood of of the GOP holding the Senate and their gains in the House and the failure of Dems to get a mandate for their insanity.
Stock Market is celebrating the likelihood of of the GOP holding the Senate and their gains in the House and the failure of Dems to get a mandate for their insanity.
Hell, it was only at 2.4% when the virus hit, and that's AFTER the spending explosion, AFTER the deficit explosion, AFTER the debt explosion, AFTER bond yields had crashed by 60%, AFTER the protracted manufacturing recession in 2019, and AFTER the NY Fed had poured $1.5 TRILLION into short term credit markets to grease the system.
The real inflation eats at the wealth of the working class person. Not talked about is the additional taxes the federal, state, local and city governments enact on its citizens. A minimum wage brouhaha of 15 dollars an hour is not so much about a living wage and the federal tax but an indictment of all the other taxes that eat at it that you can not see and not see as much.
We know who won on Tuesday though.
We do now.
I mean. I too wish the government ran on fairy dust and unicorn farts but I like having a functioning society.
Started going up the days before the election and kept going up when it became clear itās Bidenās America. Woo! Big bucks got Biden boys!
So dishonest. They said this because there would not be a logjam and more government spending would occur with the US taking on even more debt. Short term gain for long term pain. I would recommend a college degree for you.Let's see.
Should I believe Goldman Sachs and other financial institutions, or some nasty, miserable, ignorant Trumpster on an internet message board?
Hmm. This is a tough call!
Goldman Sachs Thinks the Economy Will Recover Faster With Biden in Office
Investment bank Goldman Sachs says a Democratic sweep could work wonders for our sluggish economy. Find out how Biden's plans could help the country's finances.www.fool.com
.. combined with higher tax rates on the top end so that we can slow down this insane Trumpian deficit spending.So dishonest. They said this because there would not be a logjam and more government spending would occur with the US taking on even more debt. Short term gain for long term pain. I would recommend a college degree for you.Let's see.
Should I believe Goldman Sachs and other financial institutions, or some nasty, miserable, ignorant Trumpster on an internet message board?
Hmm. This is a tough call!
Goldman Sachs Thinks the Economy Will Recover Faster With Biden in Office
Investment bank Goldman Sachs says a Democratic sweep could work wonders for our sluggish economy. Find out how Biden's plans could help the country's finances.
Youāre still looking at more debt. Higher tax rates means fewer hires. āTrumpsterā...I would have voted for Tulsi Gabbard, something I said multiple times here. Youāre just a liar who needs a college degree. Enjoy the return of corporate inversions... combined with higher tax rates on the top end so that we can slow down this insane Trumpian deficit spending.So dishonest. They said this because there would not be a logjam and more government spending would occur with the US taking on even more debt. Short term gain for long term pain. I would recommend a college degree for you.Let's see.
Should I believe Goldman Sachs and other financial institutions, or some nasty, miserable, ignorant Trumpster on an internet message board?
Hmm. This is a tough call!
Goldman Sachs Thinks the Economy Will Recover Faster With Biden in Office
Investment bank Goldman Sachs says a Democratic sweep could work wonders for our sluggish economy. Find out how Biden's plans could help the country's finances.
I recommend nothing for you. You're just a Trumpster.
Youāre still looking at more debt. Higher tax rates means fewer hires. āTrumpsterā...I would have voted for Tulsi Gabbard, something I said multiple times here. Youāre just a liar who needs a college degree. Enjoy the return of corporate inversions... combined with higher tax rates on the top end so that we can slow down this insane Trumpian deficit spending.So dishonest. They said this because there would not be a logjam and more government spending would occur with the US taking on even more debt. Short term gain for long term pain. I would recommend a college degree for you.Let's see.
Should I believe Goldman Sachs and other financial institutions, or some nasty, miserable, ignorant Trumpster on an internet message board?
Hmm. This is a tough call!
Goldman Sachs Thinks the Economy Will Recover Faster With Biden in Office
Investment bank Goldman Sachs says a Democratic sweep could work wonders for our sluggish economy. Find out how Biden's plans could help the country's finances.
I recommend nothing for you. You're just a Trumpster.
Profit after tax or before tax. If before tax - At a 20% tax rate that million becomes $800k but at 40% it becomes $600k. By your example itās two fewer employees they could hire.Youāre still looking at more debt. Higher tax rates means fewer hires. āTrumpsterā...I would have voted for Tulsi Gabbard, something I said multiple times here. Youāre just a liar who needs a college degree. Enjoy the return of corporate inversions... combined with higher tax rates on the top end so that we can slow down this insane Trumpian deficit spending.So dishonest. They said this because there would not be a logjam and more government spending would occur with the US taking on even more debt. Short term gain for long term pain. I would recommend a college degree for you.Let's see.
Should I believe Goldman Sachs and other financial institutions, or some nasty, miserable, ignorant Trumpster on an internet message board?
Hmm. This is a tough call!
Goldman Sachs Thinks the Economy Will Recover Faster With Biden in Office
Investment bank Goldman Sachs says a Democratic sweep could work wonders for our sluggish economy. Find out how Biden's plans could help the country's finances.
I recommend nothing for you. You're just a Trumpster.
Higher tax rates do not mean fewer hires. Let's say a company has a profit of one million dollars. They could hire ten employees for a hundred grand each. The tax rate is twenty percent. How much does it cost them to hire those employees? If the tax rate is forty percent, how much does it cost them? Go college boy, tell me the answer.
Profit after tax or before tax. If before tax - At a 20% tax rate that million becomes $800k but at 40% it becomes $600k. By your example itās two fewer employees they could hire.Youāre still looking at more debt. Higher tax rates means fewer hires. āTrumpsterā...I would have voted for Tulsi Gabbard, something I said multiple times here. Youāre just a liar who needs a college degree. Enjoy the return of corporate inversions... combined with higher tax rates on the top end so that we can slow down this insane Trumpian deficit spending.So dishonest. They said this because there would not be a logjam and more government spending would occur with the US taking on even more debt. Short term gain for long term pain. I would recommend a college degree for you.Let's see.
Should I believe Goldman Sachs and other financial institutions, or some nasty, miserable, ignorant Trumpster on an internet message board?
Hmm. This is a tough call!
Goldman Sachs Thinks the Economy Will Recover Faster With Biden in Office
Investment bank Goldman Sachs says a Democratic sweep could work wonders for our sluggish economy. Find out how Biden's plans could help the country's finances.
I recommend nothing for you. You're just a Trumpster.
Higher tax rates do not mean fewer hires. Let's say a company has a profit of one million dollars. They could hire ten employees for a hundred grand each. The tax rate is twenty percent. How much does it cost them to hire those employees? If the tax rate is forty percent, how much does it cost them? Go college boy, tell me the answer.
Donald Trump is a force of nature. Regardless how this turns out, he has pulled the mask off of the media, our intelligence corruption, Biden's corruption and the evil of China.
I asked you if you meant before or after taxes. If before then yes it costs slightly less but you still cannot afford to hire as many and with ACA still I place their benefits will be pricier as well.Profit after tax or before tax. If before tax - At a 20% tax rate that million becomes $800k but at 40% it becomes $600k. By your example itās two fewer employees they could hire.Youāre still looking at more debt. Higher tax rates means fewer hires. āTrumpsterā...I would have voted for Tulsi Gabbard, something I said multiple times here. Youāre just a liar who needs a college degree. Enjoy the return of corporate inversions... combined with higher tax rates on the top end so that we can slow down this insane Trumpian deficit spending.So dishonest. They said this because there would not be a logjam and more government spending would occur with the US taking on even more debt. Short term gain for long term pain. I would recommend a college degree for you.Let's see.
Should I believe Goldman Sachs and other financial institutions, or some nasty, miserable, ignorant Trumpster on an internet message board?
Hmm. This is a tough call!
Goldman Sachs Thinks the Economy Will Recover Faster With Biden in Office
Investment bank Goldman Sachs says a Democratic sweep could work wonders for our sluggish economy. Find out how Biden's plans could help the country's finances.
I recommend nothing for you. You're just a Trumpster.
Higher tax rates do not mean fewer hires. Let's say a company has a profit of one million dollars. They could hire ten employees for a hundred grand each. The tax rate is twenty percent. How much does it cost them to hire those employees? If the tax rate is forty percent, how much does it cost them? Go college boy, tell me the answer.
Well you got the numbers right, but your last statement indicates you do not understand. The hiring comes from before tax dollars, not after tax dollars. So it would cost them $800,000 to hire the ten employees under the 20% rate, but only $600,000 under the 40% rate.
I asked you if you meant before or after taxes. If before then yes it costs slightly less but you still cannot afford to hire as many and with ACA still I place their benefits will be pricier as well.Profit after tax or before tax. If before tax - At a 20% tax rate that million becomes $800k but at 40% it becomes $600k. By your example itās two fewer employees they could hire.Youāre still looking at more debt. Higher tax rates means fewer hires. āTrumpsterā...I would have voted for Tulsi Gabbard, something I said multiple times here. Youāre just a liar who needs a college degree. Enjoy the return of corporate inversions... combined with higher tax rates on the top end so that we can slow down this insane Trumpian deficit spending.So dishonest. They said this because there would not be a logjam and more government spending would occur with the US taking on even more debt. Short term gain for long term pain. I would recommend a college degree for you.Let's see.
Should I believe Goldman Sachs and other financial institutions, or some nasty, miserable, ignorant Trumpster on an internet message board?
Hmm. This is a tough call!
Goldman Sachs Thinks the Economy Will Recover Faster With Biden in Office
Investment bank Goldman Sachs says a Democratic sweep could work wonders for our sluggish economy. Find out how Biden's plans could help the country's finances.
I recommend nothing for you. You're just a Trumpster.
Higher tax rates do not mean fewer hires. Let's say a company has a profit of one million dollars. They could hire ten employees for a hundred grand each. The tax rate is twenty percent. How much does it cost them to hire those employees? If the tax rate is forty percent, how much does it cost them? Go college boy, tell me the answer.
Well you got the numbers right, but your last statement indicates you do not understand. The hiring comes from before tax dollars, not after tax dollars. So it would cost them $800,000 to hire the ten employees under the 20% rate, but only $600,000 under the 40% rate.
They were never that high due to loopholes. No businesses like high taxes. In fact thatās why we saw so many corporate inversions.I asked you if you meant before or after taxes. If before then yes it costs slightly less but you still cannot afford to hire as many and with ACA still I place their benefits will be pricier as well.Profit after tax or before tax. If before tax - At a 20% tax rate that million becomes $800k but at 40% it becomes $600k. By your example itās two fewer employees they could hire.Youāre still looking at more debt. Higher tax rates means fewer hires. āTrumpsterā...I would have voted for Tulsi Gabbard, something I said multiple times here. Youāre just a liar who needs a college degree. Enjoy the return of corporate inversions... combined with higher tax rates on the top end so that we can slow down this insane Trumpian deficit spending.So dishonest. They said this because there would not be a logjam and more government spending would occur with the US taking on even more debt. Short term gain for long term pain. I would recommend a college degree for you.Let's see.
Should I believe Goldman Sachs and other financial institutions, or some nasty, miserable, ignorant Trumpster on an internet message board?
Hmm. This is a tough call!
Goldman Sachs Thinks the Economy Will Recover Faster With Biden in Office
Investment bank Goldman Sachs says a Democratic sweep could work wonders for our sluggish economy. Find out how Biden's plans could help the country's finances.
I recommend nothing for you. You're just a Trumpster.
Higher tax rates do not mean fewer hires. Let's say a company has a profit of one million dollars. They could hire ten employees for a hundred grand each. The tax rate is twenty percent. How much does it cost them to hire those employees? If the tax rate is forty percent, how much does it cost them? Go college boy, tell me the answer.
Well you got the numbers right, but your last statement indicates you do not understand. The hiring comes from before tax dollars, not after tax dollars. So it would cost them $800,000 to hire the ten employees under the 20% rate, but only $600,000 under the 40% rate.
The reality, that I have seen from personal experience, is that when the corporate tax rate is high companies are much more willing to invest in their people. Rather it is training, benefits, or something as simple as a gold watch at fifty years of service, companies were much more willing to provide those things when the higher tax rate at least partially incentivized them to make those type of investments. Like I initially said, higher corporate tax rates encourage companies to put money back in to the business, low corporate tax rates encourage them to take it out. If your goal is economic growth, the expansion of the frontier curve, then you want them to put money back in to the business. When corporate tax rates were high, like in the 60's, we routinely saw double digit GDP growth. Since Reagan, we have never EVER seen double digit GDP growth. The answer is simple, corporate taxes are too low.
