Wealthy Republican Congressmen vote to slash their own taxes

[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...

 

[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!

 

[Wyatt earp]

It's a simple concept really...if the tax cuts don't spur the economy...then the Democrats will win big in the mid term elections! If the tax cuts create a surging economy then the Republicans will win big in the mid term elections! As James Carville once told Bill Clinton..."It's the economy, Stupid!"

Attempts by either side to portray these tax cuts as one thing or another are meaningless. They either will work or they won't. Everything else is political posturing!

Any economic spurt is short lived. Then we are stuck with a depleted revenue stream

So the Reagan "economic spurt" was short lived? Really?

Reagan made massive deficit spending politically survivable, that's his grim legacy.

Reagan fully admitted that his biggest regret of his two terms as President is that he didn't cut spending enough! That being said however...anyone who claims that the economy didn't take off during and after Reagan is isn't being honest.

Reagan had a 16 month recession WITHIN his presidency.

What kind of lie is that? With that logic Jimmy Carter had a 4 year depression ..

 

[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!

And your point being?

 

[Bootney Lee Farnsworth]

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?

 

[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.

 

[theHawk]

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

Idiotic. We’re they supposed to write in a special bracket just for themselves to pay higher taxes? The tax breaks weren’t for themselves, it was for everyone.

Could be be any more of a dishonest c*nt?

 

[Bootney Lee Farnsworth]

No.
Handicapped implies some disability of function. Businesses have functioned and grown very well. No one is handicapped.

Less money and fewer options does not prevent equal amounts of growth and expansion?

A business that has some disability of function is not likely to expand one way or another, so you have made up this bullshit argument about how less money is better or equal to more money.

 

[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.

 

[Toddsterpatriot]

You reading comprehension skills and understanding of taxable income is simplistic at best. EVERYONE pays 35% of their TAXABLE INCOME.

Learn to read. Then, come back and talk to me.

EVERYONE pays 35% of their TAXABLE INCOME.

They don't at all, dope.

Are you whining about corporations deducting business expenses? LOL!

Not at all, dope.

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.

 

[Bootney Lee Farnsworth]

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?

 

[Toddsterpatriot]

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!

 

[Hutch Starskey]

They don't at all, dope.

Are you whining about corporations deducting business expenses? LOL!

Not at all, dope.

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.

 

[Bootney Lee Farnsworth]

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

We're not talking about businesses failing. We're talking about businesses succeeding and expanding. I have never once argued that the change in tax rate will prevent businesses from failing. Quit getting off topic.

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.

But, they will invest in R&D and develop new products, which goes to pay somebody to do the R&D, which is taxed and which is spent on goods and services to OTHER people, yada yada. Then, they will build NEW factories to produce these NEWLY DEVELOPED products.

And where is the demand in all this?
Was there demand for the iPhone when Apple developed it?
What is demand?
Do consumers need to know about a product for there to be demand?

 

[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.

 

[Toddsterpatriot]

Are you whining about corporations deducting business expenses? LOL!

Not at all, dope.

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?

 

[Hutch Starskey]

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.

 

[Hutch Starskey]

Not at all, dope.

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.

 

[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!

And your point being?

There won't be any significant growth.

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

 

[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.