Republican Rewrite of US Taxcode

It will be fine

Well-Known Member
Corporations sit on their cash reserves when there's an anti business, tax and spend administration. They aren't going to risk capital to give it away to the government.
Poppycock. That's like the idiots that say they don't want to work OT because it all gets taken by taxes. It's a foolish argument and not one that businesses or anyone with basic math skills believe.
 

vantexan

Well-Known Member
Poppycock. That's like the idiots that say they don't want to work OT because it all gets taken by taxes. It's a foolish argument and not one that businesses or anyone with basic math skills believe.
You obviously don't understand big business. I've seen what I wrote stated by economists in the Wall Street Journal.
 

bbsam

Moderator
Staff member
I believe you were one of those who shouted the loudest that Trump was just in it for the 1%. We, the clueless who voted for him, were getting played. What I saw and read today says you were wrong. He has his faults, but I really think he wants to help working class and middle class folks. And I didn't see the previous administration doing so. And if Hillary I-rigged-the-election Clinton was president nothing would have changed.
Watch closely van. If you are one of those who saves about $1200 in taxes, you health insurance will increase by roughly $1200. Or maybe it will be $300 the first year and a gradual increase after that. You know, boiling a frog and all.
 

bbsam

Moderator
Staff member
20 percent corporate rate means ups can pay us more
Can and won't. Maybe they'll bring on some more drivers at a lower pay scale since they can afford it. Next year is a contract year. Are you ready to sell out the next generation of Teamsters?
 

bbsam

Moderator
Staff member
You're arguing what might happen, not what is actually happening. Real tax cuts for most families. And reducing the corporate rate will incentivize businesses to expand. That's job growth. Sorry, there is no utopia, just hard work. And I think most Americans agree that prosperity starts with plentiful jobs.
Trickle down. How many times are you going to fall for that?
 

bbsam

Moderator
Staff member
You obviously don't understand big business. I've seen what I wrote stated by economists in the Wall Street Journal.
That may be written in the WSJ but did you ever stop to wonder if maybe they are wrong? Basically you and the WSJ are arguing that businesses shouldn't take risks. Businesses should be immune to failure. After 2008 is that really still operative?
 

DriveInDriѵeOut

Inordinately Right
That may be written in the WSJ but did you ever stop to wonder if maybe they are wrong? Basically you and the WSJ are arguing that businesses shouldn't take risks. Businesses should be immune to failure. After 2008 is that really still operative?
They haven't been saying that, vantexican just lacks the ability to understand them.

What economists have been saying is that Trump was a fool for announcing a huge cut to corporate rate and repatriation so far out. Companies will sit on the cash waiting for it to happen.

Only an idiot would suggest they've been sitting on the cash because of Obama. We've had the same tax system for decades, and the economy has gone up and down completely independent of taxes.
 

newfie

Well-Known Member

no way close. 1.5 trillion in deficit increase in 10 years is what the dooms day sayers were saying. 150 billion a year is not anywhere near that significant. when we have this debate the economic numbers are there to project out the increase in tax revenue that results from the increase in gdp.
 

floridays

Well-Known Member
Can and won't. Maybe they'll bring on some more drivers at a lower pay scale since they can afford it. Next year is a contract year. Are you ready to sell out the next generation of Teamsters?
They have been for years, why would that change?
 

vantexan

Well-Known Member
They haven't been saying that, vantexican just lacks the ability to understand them.

What economists have been saying is that Trump was a fool for announcing a huge cut to corporate rate and repatriation so far out. Companies will sit on the cash waiting for it to happen.

Only an idiot would suggest they've been sitting on the cash because of Obama. We've had the same tax system for decades, and the economy has gone up and down completely independent of taxes.
Obama was proposing a cap-and-trade system which would have greatly harmed business. Luckily the Repubs got control of the House. It wasn't just what was happening, it was what Obama wanted to implement. Couple that with the 35% corporate tax and Obama had the lowest economic growth of any president.
 

DriveInDriѵeOut

Inordinately Right
Obama was proposing a cap-and-trade system which would have greatly harmed business. Luckily the Repubs got control of the House. It wasn't just what was happening, it was what Obama wanted to implement. Couple that with the 35% corporate tax and Obama had the lowest economic growth of any president.
Revisionist history, or full blown delusion, either way, you're wrong as usual.
 
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