You can't run the debt up to 20 trillion, put inhibitors on business that hurt profits, and expect the government to pay for programs. It's not there and won't be until we have an environment where business can flourish and gov't revenue increases because of it.
NFL Boycott - Will FedEx Peak be easier...in current events?
- Thread starter Winefer2
- Start date
UpstateNYUPSer(Ret)
Well-Known Member
...which is why we need a "tax holiday" to encourage businesses to bring back part or all of their money currently being held overseas at a greatly reduced tax rate...
BakerMayfield2018
Fight the power.
BakerMayfield2018
Fight the power.
I grew up being called a "wigger" my whole adolescent life. I'm white and work a job where I deal with the general public for 12 hours a day. I speak the truth. Is what it is. Call me what you want. It's the truth.
Future
Victory Ride
Sooooooooooo
is fair game?
You can't run the debt up to 20 trillion, have companies making record profits, cry about a 37% corporate tax (that no corporation actually pays), cut taxes and exprect the debt not to go through the roof and only be concerned about said debt when the democrats are in power again.
In the simplest terms, if income (taxes) do not meet (and with paying off interest and principal, exceed) expenditures, then cutting taxes makes no sense whatsoever. The idea that cutting taxes miraculously creates growth that pays for itself and eliminates debt is a farce.
Future
Victory Ride
Yawn
I know, right? It's so simple you'd think everyone would get it.
UpstateNYUPSer(Ret)
Well-Known Member
Fred's Myth
Nonhyphenated American
The intent is clear to most.
Contracts are precise documents. Anything not precise is open to interpretation and challenge.
MAKAVELI
Well-Known Member
Well the intent of the players is to continue to use their first amendment rights.
UpstateNYUPSer(Ret)
Well-Known Member
Our contract has more gray (areas) than a naval battleship.
And it gets challenged all the time, doesn't it?
Fred's Myth
Nonhyphenated American
Yes. Look in your mirror.
UpstateNYUPSer(Ret)
Well-Known Member
Fred's Myth
Nonhyphenated American
If you cut tax rates, and eliminate deductions not available to all businesses, at the same time, you get a fairer system and a level playing field.
Property taxes are manipulated like that all the time.
Eliminate ALL deductions and simplify the tax rate. Make everyone pay something.
Sound familiar? Did Trump already propose that?
That's not going to happen. Listen to what the business community talks about. They talk about 37% tax rate and nothing about their effective tax rate after deductions.
Fred's Myth
Nonhyphenated American
And that is what makes the Joke even funnier. Blind to reality.
What about the millions of small businesses struggling? You see some major corporations doing very well and think the country is flowing with money. And exactly what are we arguing here? That able bodied people should stay home and collect welfare? And you're kidding yourself into thinking we can keep running up the debt and not have it crash at some point. Things collapse under their own weight all the time. The government is no different. And that'll make 2008 look reasonable.
