That Spanky, what a card he is! Did anyone with a lick of sense suspect his tax cuts would benefit the average citizen? Check it out, pilgrims!
https://www.msn.com/en-us/money/compani … mp;ffid=gz
Hmm. They're "spending" it by giving it to the owners of the company. To people like myself that have a few stocks. To the millions of people with a 401K or an IRA in stocks to go along with the tax cut they already got. I'll have to watch and see if my dividends go up.
But it doesn't help the little people at all, does it? They don't need help with their retirement; Social Security is all they need, right?
Does this article mention anything about the companies expanding their employment roles? Wasn't this touted by Spanky as a job incentive?
LOL With unemployment at the lowest point in decades I'd say the employment roles have expanded. Or will you declare that all those jobs are from exporting illegals and leaving their jobs open for Americans?
But you didn't answer the question: does increasing dividends help the little people, those with a few stocks or an IRA invested in the market?
Not much unless you're in the top !% which get over 80%0f the benefits. I didn't realize you were in that bracket, Dan. Hey big man, let me hold a dollar!
And you don't seem to notice when I ask you questions....as in my last comment.
I guess if they own 80% of the company they should get 80% of the benefits that company produces. What you you suggest?
Perhaps you should read better? "I'd say the employment roles have expanded." answered your question.
That's the "system" for you.
We all knew that what the article alluded to and what you are saying was going to happen in advance. Job creation from trickle down GOP fat cat tax cuts have always been a red herring, going back to David Stockman and Ronald Reagan.
It is not for me to say what the companies do with their windfalls, just wish that the Right stop with their deceptive tactics that this trickle or tinkle down thing is actually going to benefit the man in the street.
My understanding of men 'on the street' is that street persons do not pay taxes to begin with. So why would a person who doesn't pay taxes benefit from a tax cut? Oh hey, they do anyway, as no one can waste taxpayer dollars like government. When working people have more money, it benefits even men 'on the street.'
I would say this isn't too unfortunate. The company I work for pays well forthe industry and gave all employees a one time bonus, I assume from that legislation. I don't know that they could hire more people. I'm certain they would love to but they have to first expand their client base (which they actively attempt). I would think some companies would return savings to investors.
If we were looking at a situation like when the government bailed out large companies (during the Obama years), where CEO's and management used the windfall to ensure they got their bonuses and perks (while there was no relief for the primary workforce), I'd be mad as hell.
So what? This just reinforces what anyone with a brain already knew - that it is smart to invest smartly, and now it seems, were it possible, even more so. So be smart.
How many new employees are you hiring, Wesman?
Unless you and Dan are in the top 1% you're getting peanuts. Really smart!
it must be REPEALED: Everyone knows the Trump / Republican corporate welfare tax cut scheme is nothing but a 7 Trillion Dollar explosion to our deficit which will threaten cuts in other areas for the working class and senior citizens: Right now, Spanky is trying to slash healthcare for children and he'll continue to be punished by the forces of good:
It was nothing but a massive unholy transfer of our wealth to Spanky Trump's elite Wall Street pals and it will never create more jobs nor will it bring back trillions of corporate cash stashed away in foreign countries who are avoiding paying their contributions to the USA, but it will make Wall Street shareholders wealthier, Wall Street execs richer and foreign adversaries fatter:
Apple isn't using their new found 'FREE' wealth to create jobs or help the worker nor are any other Wall Streeters, billions are getting funneled right back into the ceo's greedy little pockets:
http://www.thefiscaltimes.com/2018/05/0 … p-Tax-Cuts
"It was nothing but a massive unholy transfer of our wealth to Spanky Trump's elite Wall Street pals"
Ignoring that portion that goes to those that aren't his buddies, just whose wealth is it? Yours because you want it even though you didn't earn it?
It's absolutely OUR wealth: How many billions would the Walton Family or any other owners have amassed if not for the work force doing the heavy lifting while they packed and shipped the billions over seas? ANSWER zero: And how do they repay America? By shipping trillions to foreign countries:
Sorry, but when there are millions of homeless individuals, millions of seniors who cannot afford their medication. millions of workers who are under paid and millions who are uninsured in America then yes, giving this creepy looking greedy weirdo and others just like him more millions to buy another yacht or two is undeniably unholy: But obviously they don't care, they know they're going straight to hell soon anyway:
What portion of what I earn is yours? It is interesting how you believe other person's earnings is 'ours.' Or did you really mean yours?
Then you'll be more than pleased to help pay back the Trillion and a half bucks we had to borrow from the Chinese to fund your petty tax cuts. It's for damn sure the major recipients of the cuts won't repay it.
I don't make enough to pay taxes. Isn't it odd how I don't complain about poor little me not getting a tax cut when I don't pay taxes? Oh sorry, I meant rational and mature, not 'odd.'
So I get it now. You don't care if the rich get a huge tax break cause it won't affect you in the least, right? Think again, Wesman. You'll pay more for products you need and more sales taxes to rid us of this massive debt, and for what?
If they'd given the lions' share of the cuts to the people it would've been put right back into the economy and the same dollars would already have generated much in just sales taxes. The rich are buying more stock with the money.......
And stock buy-backs are wonderful for persons invested in such stocks. You don't have to be rich to buy stocks. I know this because I've never been rich, and I used to play the stock market some.
Want to be miserable? I know one way to be miserable for certain - spend your time worrying about what other people are doing with their lives and their money.
I've actually never been miserable with anything to do with money, not that I'm wealthy by any means, but it's something I don't dwell on as to who has what. But if you think the top 10% of wealthy people do not have the game stacked in their favor then see how the divide is growing year by year. When will you become concerned?
Probably never. Wealth isn't some fixed thing like a pizza. There isn't X amount of wealth in the world. Wealth is created.
I used to be the guy always looking to increase his income - but not because I needed anything I didn't already have, I wanted to make more money because Joe Bob down the road was making more money. Well, no matter how much you make, there is going to be lots of folks making more. It's a miserable thing to compare one's self to another person
Lets see....I've always got plenty to eat. I nearly always have more than enough, possibly too much wine or beer to drink. Hey, I had to buy a new rooftop unit for my travel trailer, and this thing, a cheapy which cost about $500 - this thing on low is freezing me out of here.
Ah internet. I must have internet. I've got that, and a recent enough computer. My needs are presently more than met, so idgaf how much of a tax break Betsy DeVos is getting.
We are both seemingly comfortable with what we have, but then we don't have young children to provide a roof over their heads, as well as, food, school supplies, insurance and a myriad of other expenses we don't have. I do care about my fellow man. I suppose it's a weakness those from the left are alone in.
~Facepalm~
Every homeless shelter and food bank I've ever seen was ran by Christians. The left is as anti-Christian as communists and communist sympathizers always are. They want government to be what it can never be, their surrogate god.
Butt palm!! I don't doubt it, Wesman. If Texas is similar to South Georgia--and lots of former Georgians moved their slaves out there before the great war of Northern Aggression--you can't sling a dead cat without hitting a xtian up side the head. I can assure you not all charities are run by these self righteous people.
Wesman asked "What portion of what I earn is yours"?: That depends upon were you live, if it's the United States then you owe me a certain percentage of what you earn via taxes and if you stash money in foreign countries then you owe me even more plus penalties:
We do have a country to run right? and either those workers who can't afford it will pay or those who can afford it will pay and with Mr. Trump's / republicans corporate welfare tax cut scam they recently passed which must be repealed, they have made the very predictable decision that those who can't afford it must pay: What else did anyone expect from an elite draft dodging phony president?
No pal, I think you owe me. You owe me all of your income. My justification for this is the same as your justification for your nonsensical and incoherent babbling.
Taxation is theft. Trump caused our corporations to be less stolen from. Government wastes taxes so easily because it's ill gotten gain. No sweat off of their backs. It's so wonderful to have a low taxation (theft) POTUS in office.
I can hardly wait to vote against democrats for the rest of my life.
Taxation is theft? Inane rightwing nonsense, the stuff of anarchists.
You don't really believe that the services rendered by Government and its agencies are free, do you?
What about you rightwingers and your precious military, would not having that bother you?
Rest assured that I wait patiently for Trump's fall and the discredit of the entire political right and choose to vote Democrat and the progressive line for life. So, we are at an impasse, yes?
LOL. You're so cute credence. I always imagine you at the computer shaking your first in defiance.
Yes, we defy and we need to. Do you agree with what this fellow is saying? If you do then you are farther from the middle of the road than you appear.
Thanks, though, I have over recent years long gave up the idea of being "cute' in anyone eyes....
Of course I don't agree with him. But, I don't agree with you either, most times. Both stands are too far away from the center America needs.
What would be your idea of "center" in this instance?
I say taxation is every grown-ups understanding that it is necessary for government to function, he calls taxation theft, where is the middle road or center?
I agree with you that a government can't run without taxes but the question for many is which government has the right to tax for what? How efficient is the government at handling the programs we agree are needed? Would social programs be more cost effective and compassionate if left to smaller state governments?
Let's be honest. Can any government, no matter its size, fairly and ethically, handle our money with fiduciary integrity? I don't care which side of the aisle you support, each side is running rampant with greed and corruption. Most of these thefts of funds and public trust go unchallenged and when challenged result in absolutely no reasonable punishment.
So, although I agree we have to pay taxes to support our society, it is not unreasonable to ask what is fair and to decry the problem. We all recognize the problem. If one doesn't believe tax dollars are spent on the things they feel the government is responsible for, of course it is theft.
As to how this all affects what corporations owe, that's a big question. I don't think they are overtaxed by income tax, by any stretch of the imagination but when you look at what a company has to pay in addition to what the IRS calculates as their contribution, they do pay quite a bit, already. They subsidize the unemployment program, the litter tax, workers compensation programs and other things I had no idea what they were when I was in business, but had to pay quarterly for.
I don't think companies should be used as a spare piggy bank for the government any more than I think they should tax me for some of the crap that sounds good,in theory, but is miserably managed in reality.
The truth is our government is too large for oversight, at the moment. So, essentially, I agree with you but in practice a large percentage of the money taken from us has been stolen, because it is not being used (in many ways) the way we informally agreed upon. Since our government allows this to happen, they are responsible. The answer is not to tax in higher and higher increments. The answer is to fix the problem first and then see how much is honestly needed to honestly and fairly distribute money gained through taxes levied.
I agree with you that a government can't run without taxes but the question for many is which government has the right to tax for what? How efficient is the government at handling the programs we agree are needed? Would social programs be more cost effective and compassionate if left to smaller state governments?
We all ask that question, but none of us say that taxation is theft in principle. Just because I am somewhat left of center does not mean I am not interested in the efficient use of tax dollars. But what is efficient for conservatives as opposed to progressives is different and that is the basis for today's debates. Do you merely gut the programs and benefits by taking them out of federal control? Conservatives talk about privatizing Social Security which prevent a large portion of seniors from falling into poverty. How realistic is it really with the cost of living, longer life spans and such for people to expect to save enough money for the rest of their lives after they can no longer work. Also, most people simply aren't qualified to work with the volatile markets to make sure that they don't get caught in another 2008 type tsunami with their savings that wiped so many of them out. As conservatives, why they were so desperate to destroy the CFPB, the brainchild of Elizabeth Warren, making the finance industry accountable for ethical practices and behavior? There is no real savings, we have to provide for those elderly in one form or another......
-----------------
Let's be honest. Can any government, no matter its size, fairly and ethically, handle our money with fiduciary integrity? I don't care which side of the aisle you support, each side is running rampant with greed and corruption. Most of these thefts of funds and public trust go unchallenged and when challenged result in absolutely no reasonable punishment.
No government is perfect, but that is better than anarchy or a Mad Max universe. It is our job as citizens to take the inappropriate influence of wealth out of politics and have reps and senators be accountable to the people that put them there, not the special interests and lobbyists.
----------
So, although I agree we have to pay taxes to support our society, it is not unreasonable to ask what is fair and to decry the problem. We all recognize the problem. If one doesn't believe tax dollars are spent on the things they feel the government is responsible for, of course it is theft.
What conservatives consider fiscally inappropriate, liberals say otherwise and vice versa. This issue can only be settled at the polls. I, unfortunately say that there is too much differences between opposite poles of the debate to find common ground. Oil and water can never mix. The struggle can only be continued through education and through the ballet box.
-------------
As to how this all affects what corporations owe, that's a big question. I don't think they are overtaxed by income tax, by any stretch of the imagination but when you look at what a company has to pay in addition to what the IRS calculates as their contribution, they do pay quite a bit, already. They subsidize the unemployment program, the litter tax, workers compensation programs and other things I had no idea what they were when I was in business, but had to pay quarterly for.
I don't argue with that, as a business owner you may well have direct knowledge of the costs. Conservatives want to give their corporate friends larger breaks, I expected no less. But least be honest and stop telling us all that this will brings jobs to American and benefit the economy (trickle down)
-------------
I don't think companies should be used as a spare piggy bank for the government any more than I think they should tax me for some of the crap that sounds good,in theory, but is miserably managed in reality.
I don't like the fact that conservatives say that social security is no longer economically viable when both parties used it as a piggy bank issuing it IOU's. Without all that, could programs, in fact, be viable?
-----------------
The truth is our government is too large for oversight, at the moment. So, essentially, I agree with you but in practice a large percentage of the money taken from us has been stolen, because it is not being used (in many ways) the way we informally agreed upon. Since our government allows this to happen, they are responsible. The answer is not to tax in higher and higher increments. The answer is to fix the problem first and then see how much is honestly needed to honestly and fairly distribute money gained through taxes levied.
We need to be active citizens and through political action, make government more accountable, because eliminating government as a concept is not viable. The last two sentences in your paragraph here is spot on, so what do I say that is so different from your point of view?
Ha! Now that mental image clicked right into place. I can see it too.
GA
We can't have reached an impasse because you simply don't matter much to me, and this was best exemplified by the fact I wasn't even talking to you.
Progressivism is less in value than excrement, and it is personified by all the failed policies and ideology of Marxism from last century.
Believe me, it does not matter to me, that you find US insignificant. We are here anyway to counter your every move and there is nothing you can do about it outside of chewing your cud. I don't need look in rubbish cans to find pearls of wisdom, get my drift? Same old right wing rants and nonsense, what do have to say that anyone wants to hear?
Most sorry that we cannot find common ground and most likely, never will.
Probably what he means is "Too much taxation or today's amount of Taxation " is theft and of course it is ! Unless you are an entitlement seeker which most middle Americans are today .
Middle America has as little in common with your statement as it does with Hillary. It isn't ignorantly insulting others. It actually cares about the country and cares about opposing opinions. It is willing to take all views into account to find compromise in order to continue to remain the sorely abused majority.
We put up with the entitled bullsh#t beliefs of the far ends because, even though we do roll our eyes behind their backs at the selfish ignorance we sometimes feel exposed to, we realize we owe the courtesy of attempting to understand those concerns since a government of the people and by the people and for the people must, by definition, allow all voices to be heard. We also understand the need to allow those far ends to whine, but don't feel obligated to grease a squeaky wheel, to the detriment of the majority.
OK, Ahorseback, but that is not what he said. So who is buttering your bread? Are you not eligible for Social Security, that which conservatives call an 'entitlement'?
No , conservatives do not call SS entitlements , that is all our earned income , SSI disability abuse now is another story altogether , double and triple dipping is another story . You sure like to bunch all of the negatives together don't you , feed the lies and they will grow ?
If that is not true where is the basis of your position that the middle class mostly grovel for entitlements?
I don't believe that most middle class are on welfare or receive food stamps...
I don't believe they are either , I say it's the left is who craves entitlements not the middle class , It's obvious . Why would most of your new alt- left vote Sanders if not for the entitlement " pay off ". Minimum guaranteed income , free health care , free free free............you got pretty close !
The Left supported Sanders, regardless of his pipe dream position on a few things over the arrogant ugly face of crony Capitalism unrestrained as found in Donald Trump.
But you didn't see the same shades of crony capitalism in Obama , Clinton ? Palease.'...............a little bit color blind maybe ?
There is such a thing as sheer magnitude and extent, which the investigations over Trump now will reveal in due time.
The Age of Petty Tyrannies
By John W. Whitehead
We labor today under the weight of countless tyrannies, large and small, carried out in the name of the national good by an elite class of government officials who are largely insulated from the ill effects of their actions, and inflicted on an overtaxed, overregulated, and underrepresented populace. Consider, for example, that federal and state governments now require on penalty of a fine that individuals apply for permission before they can grow exotic orchids, host elaborate dinner parties, gather friends in one’s home for Bible studies, give coffee to the homeless, let their kids manage a lemonade stand, keep chickens as pets, or braid someone’s hair, as ludicrous as that may seem.
A current case before the Supreme Court, Niang v. Tomblinson, strikes at the heart of this bureaucratic exercise in absurdity that has pushed overregulation and overcriminalization to outrageous limits. This particular case is about whether one needs a government license in order to braid hair. Missouri, like many states across the country, has increasingly adopted as its governing style the authoritarian notion that the government knows best and therefore must control, regulate and dictate almost everything about the citizenry’s public, private and professional lives.
It’s not just hair braiding that has become grist for the overregulation mill. Almost every aspect of American life today—especially if it is work-related—is subject to this kind of heightened scrutiny and ham-fisted control, whether you’re talking about aspiring “bakers, braiders, casket makers, florists, veterinary masseuses, tour guides, taxi drivers, eyebrow threaders, teeth whiteners, and more.” For instance, whereas 70 years ago, one out of every 20 U.S. jobs required a state license, today, almost 1 in 3 American occupations requires a license.
This is what happens when bureaucrats run the show, and the rule of law becomes little more than a cattle prod for forcing the citizenry to march in lockstep with the government.
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Four Democrats and Lieberman voted with the Republicans. I have mixed feelings about this, according to the research I've done. It seems that "economy experts" are split on their views. Some argue that increasing taxes on the upper economic class will stifle jobs, while others say that...
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