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  1. 02-04-2019 #451
    CUSP82
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    He made the rules to allow business to thrive because that employs people. Manufacturing jobs that we were told were never coming back and now back and people are working and eating. Rules that benefit rich job creators also benefit workers who get jobs just because of those rules. Do you wish those folks should not have a job?
    Since the tax cuts were implemented for THE RICH nearly 400,000 new jobs in manufacturing have been created. That's just in manufacturing. 400,000 more people now have a good paying job.

    That means that in this sector alone 400,000 people that would be receiving from the government are now contributing tax dollars that hopefully will be spent by our government to help the hungry and homeless. So are the tax cuts really that bad or do you think those cuts should have never been enacted and the rich corporations should just give money away? And when the rich corporations no longer exixt because they gave it all away what happens then?
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  2. 02-04-2019 #452
    TheZZMan
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    Quote Originally Posted by CUSP82 View Post
    He made the rules to allow business to thrive because that employs people. Manufacturing jobs that we were told were never coming back and now back and people are working and eating. Rules that benefit rich job creators also benefit workers who get jobs just because of those rules. Do you wish those folks should not have a job?
    Since the tax cuts were implemented for THE RICH nearly 400,000 new jobs in manufacturing have been created. That's just in manufacturing. 400,000 more people now have a good paying job.

    That means that in this sector alone 400,000 people that would be receiving from the government are now contributing tax dollars that hopefully will be spent by our government to help the hungry and homeless. So are the tax cuts really that bad or do you think those cuts should have never been enacted and the rich corporations should just give money away? And when the rich corporations no longer exixt because they gave it all away what happens then?
    Everything said is truth. Tough discussing economics to a lot of people who don't understand. In reality it is pretty simple, release the burden, make it worth it for businesses to invest in the US and jobs are the result.

    Conversely, punish business and they will take the jobs overseas where labor is cheaper. We saw that happen over the last 10 years, its good to have them coming back here.

    More people employed in the US than at any time in recent history. But some of you will find a way to spin this negative because the man picks his nose the wrong way. You don't have to like the man to appreciate what he has done for the economy.
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  3. 02-04-2019 #453
    TheZZMan
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    Hmmm... From Invester's Business Daily

    "Critics of the Trump tax cuts said they would blow a hole in the deficit. Yet individual income taxes climbed 6% in the just-ended fiscal year 2018, as the economy grew faster and created more jobs than expected. The Treasury Department reported this week that individual income tax collections for FY 2018 totaled $1.7 trillion. That's up $14 billion from fiscal 2017, and an all-time high. And that's despite the fact that individual income tax rates got a significant cut this year as part of President Donald Trump's tax reform plan."


    Article posted 10/16/19

    Why does everyone think that the tax cuts were so wrong? Obviously some economic activity has been generated. Lets see how this one get spun to make Trump the bad guy.
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  4. 02-04-2019 #454
    closed224
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    Collected from you and i. Not from the rich. Deficit up the same amount. Taken from the poor given to the few. Trickling down as promised? No. Follow the wealth. Who's getting it, who's losing it? Who's getting more of it? Who's keeping it? The numbers are right there. We understand perfectly. Spin doctor. Hahahaha, hopeless.
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  5. 02-04-2019 #455
    closed224
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    Why would the deficit go up more than the last 6 years if it's all so hunky dory?
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  6. 02-05-2019 #456
    TheZZMan
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    This from Fortune:

    "The top 1 percent paid a greater share of individual income taxes (37.3 percent) than the bottom 90 percent combined (30.5 percent). The top 50 percent of all taxpayers paid 97 percent of total individual income taxes. In other words, the bottom 50 percent paid 3 percent."

    Facts be damned Wishful, hate when actual numbers/statistics/facts debunk your narrative.
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  7. 02-05-2019 #457
    closed224
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    You hate when my narrative is wrong? Fibber.
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  8. 02-05-2019 #458
    closed224
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    I include most of the top 50% in the poor catagory. Take out the top 10% and bottom 10% as outlyers. Then what happens? I love facts. Like you call theory (trickle down) fact. But you don't look at 26 people congregating more wealth than over 3.5 billion people as true facts of what trickle down is getting us. Then too the facts are that those taxes are in fact before the cuts take effect. So present the same facts after next year. And then the years following. Especially after the facts of the current bubble building pops. Say next year at the outside. Probably not this year, but next year for sure.
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  9. 02-05-2019 #459
    closed224
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    Since you brought up my narrative. I want a flat tax. Same percentage for every body. Get income from food stamps, pay your percentage. Investments pay? Pay the exact same percentage. Common wealth, common opportunity. No deductions, no loop holes.
    Still wondering where the money is flowing. Still wondering who's getting and who's losing. How about 1980 compared to now. Which segment has more which segment has less?
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  10. 02-05-2019 #460
    closed224
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    In other words who is taking money from whom?
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