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originally posted by: carewemust
New Yorkers must make a lot of $$$.
21ClubMenu: www.21club.com...
(Advice - If you are like me and eat a lot, be prepared to order 4 or 5 dinners. The photos show tiny little plates of food)
originally posted by: Kettu
Lower taxes!
An additional 1 trillion in infrastructure projects!
Sounds legit...
originally posted by: Tman2135
I thought Trump was going to cut EVERYONE'S taxes, not just the rich. If he cuts taxes across the board then of course the wealthiest Americans will be included.
originally posted by: jjkenobi
Trump ran on cutting taxes for everyone, across the board.
Unlike Hillary and Bernie who ran on raising taxes.
The key to understanding is realizing that since Reagan the economic system has gotten more and more exploitative. Lower and middle class incomes have flatlined and even fallen in purchasing power, while only the wealthy have benefited. This is demonstrable economically. Therefore, this idea that all of the money the uber rich get is truly and fairly "earned," is bull. Most serious economists now agree.
originally posted by: Reverbs
a reply to: Kettu
my rich friends pay almost 50% taxes..
I hope you don't think taking more than half of someones earned money is a good thing..
I might agree on over a certain amount that would be ok.
but part of the main problem in the US as far as the job markets and everything else, is that rich people and rich companies find ways to avoid taxes, and so the taxes we have in place never come to America anyway. The global economy has grown a lot. Companies can start moving back here where they do want to be, if they are not getting taxed so hard.
I havn't ever met a scrooge to be honest.
People want to follow the rules. It's when the rules get too harsh you create catholic girls.. It's the same with consuming herbs.. People will run from the rules if the rules don't make sense, In the money case and in the plant case make better laws so people will follow those laws, and in the meantime you make outlaws, and out of country corporations.
The only thing to get back on topic, sorry.
The only thing, the worries me, is that a lot of his proposals would be an increase in government spending.. You combine that with tax cuts.. That's a lot of negative cash flow.. Maybe with better trade deals, and better taxing we would get enough growth to offset that, but where is he going to cut spending?
How about this for the future of he global economy..
We go from owing 20 trillion to 19 trillion in 4 years.
It's possible, and it would send a good message that dollars are still worth money.
BUT Trump has said nothing to me, that would make that happen.
So yes cut taxes...
Aand?
Man I've never seen people so excited about politics in my life. Including me.
I like it.
originally posted by: Indigo5
originally posted by: Tman2135
I thought Trump was going to cut EVERYONE'S taxes, not just the rich. If he cuts taxes across the board then of course the wealthiest Americans will be included.
Correct. It should be noted though that his plan cuts taxes for the wealthy exponentially more that the middle class or poor. This matters because the massive increase in deficit spending he has planned hurts the middle class and poor disproportionately across the board.
originally posted by: yuppa
originally posted by: Indigo5
originally posted by: Tman2135
I thought Trump was going to cut EVERYONE'S taxes, not just the rich. If he cuts taxes across the board then of course the wealthiest Americans will be included.
Correct. It should be noted though that his plan cuts taxes for the wealthy exponentially more that the middle class or poor. This matters because the massive increase in deficit spending he has planned hurts the middle class and poor disproportionately across the board.
Screwed if you do screwed if you dont eh? What you and everyone who is selfish is forgetting is most poor dont pay any taxes. that only leaves the rich and the middle to pay the rest.
As to your bias. The rich actually do employ people who then can pay their own taxes and continue the great circle.
Trump will find money by cutting off aid to countries who hate us.
By trying to restart our refineries so we import less oil as well.
The moneys there,you just have to allocate it and leverage your resources.
originally posted by: yuppa
originally posted by: DBCowboy
a reply to: Kettu
Uh, YAY!
A cut in taxes means more of my money stays in my pocket.
OH noes!! that mean sless funding for the SOCIAL WELFARE!! Thats why they moan about tax cuts for the rich.
originally posted by: Indigo5
originally posted by: yuppa
originally posted by: DBCowboy
a reply to: Kettu
Uh, YAY!
A cut in taxes means more of my money stays in my pocket.
OH noes!! that mean sless funding for the SOCIAL WELFARE!! Thats why they moan about tax cuts for the rich.
It means less money for everything..Are you too ideologically committed to understand less revenues is less revenues?
He is going to spend huge on Infrastructure and Military...and cut revenues...THAT MEANS DEBT and a MASSIVE AMOUNT.