Analysis of Trump''s Tax Plan

Originally posted by lazybones
Wealthy make token gestures to legitimise massive tax cuts on wealthy. What a shock.

And you're totally gullible if you think these were are actually done in response to tax cuts. Corporations already have $1.6 trillion in cash reserves, and also have enough deductions to get their effective tax rates down to the teens. This tax reform just makes it a lot easier, and lowers the corporate rate to far below the personal income tax rate, basically inviting more evasion. And if they didn:'t invest massively with $1.6 trillion in reserves,then a few tens more billions isn't suddenly going to spark reverse of attitudes.

Lol, image is everything. This is a win for Trump.

While it's great that AT&T is giving 200,000 employees a $1,000.00 bonus, they'll be able to buy a new car or something according to that senator. In reality, $200mil is nothing compared to what they'll be saving when the corp-tax-rate drops 14%.

As noted, Bread and Circuses

Originally posted by Robtard
While it's great that AT&T is giving 200,000 employees a $1,000.00 bonus, they'll be able to buy a new car or something according to that senator. In reality, $200mil is nothing compared to what they'll be saving when the corp-tax-rate drops 14%.

As noted, Bread and Circuses

So, because of the tax plan they are giving employees a bonus. Okay lol.

Originally posted by Surtur
Lol, image is everything. This is a win for Trump.

Absolutely a win for Trump, his first major. As a Trumper you can be a smugphag over it, you've earned it.

Trump and the GOP now own the US economy, if it soars in the years to come, he/they can take full responsibility and gloat; if it stagnates and/or crashes, the blame is on them

Funny to see the repubs using the same argument for this unpopular tax plan as the dems did for their unpopular obamacare - "People will like it once they experience it".

Time will tell how it works out for the GOP and this tax plan.

Originally posted by Surtur
Lol, image is everything. This is a win for Trump.

Originally posted by lazybones
Fair point. However, the tax reform only has about a 38% approval rating, which is lower than historic ratings of many tax hikes, and Obamacare which led to the 2010 House bloodbath. 38% is higher than Trump's (35%) so it may give a little boost. But Democrats are polling at about 56% (+18 lead) in latest generic ballot. So the popularity would have to reach that sort of ballpark to stem the Dem wave.

Approval ratings are irrelevant to me. People are spoon fed bullshit these days and are clueless. Example? The hysteria over the net neutrality thing. Utterly ridiculous, in every single sense of the word.

Same with this plan. No doubt there are legit criticisms. Is that what the opposition goes after? Nah lol. They go into full on hysteria mode. Say only the rich benefit.

When will they learn to stop setting the bar so low?

Stop being so dramatic all the time, Surt

ps As a Trumper, don't whine about setting the bar low, cos we're going to get The Rock or Zuckerberg now

Lol. I wonder if Hitler would have passed a tax plan like this?

Originally posted by Robtard
Stop being so dramatic all the time, Surt

ps As a Trumper, don't whine about setting the bar low, cos we're going to get The Rock or Zuckerberg now

It's not about who you pick, but what you expect. Leftists set the bar low by calling him Hitler and saying he will destroy America. All he needs to do is...not be Hitler lol. Trumps daily schedule:

-Don't commit genocide

Originally posted by Surtur
It's not about who you pick, but what you expect. Leftists set the bar low by calling him Hitler and saying he will destroy America. All he needs to do is...not be Hitler lol. Trumps daily schedule:

-Don't commit genocide

More fake ass drama

Originally posted by Robtard
More fake ass drama

A liberal commenting about fake drama. Lol, good stuff.

I do strongly believe in liberty and equality, so thanks for the compliment 👆

Originally posted by Robtard
I do strongly believe in liberty and equality, so thanks for the compliment 👆

I didn't say you were a pre Trump liberal, just a liberal.

>implying

I'm a young millennial who looks forward to not having to pay a penalty for not getting health insurance once I turn 26. In other words, I like the idea of not having to pay for the health-care of others; especially when that group is comprised of idiots who don't know how to take care of themselves and drug addicts.

Why is this tax plan bad for me?

"I think the wealthy will be pretty much where they are, pretty much where they are. If they have to go higher, they’ll go higher." -Trump 09/2017 on how the tax reform bill will affect the most wealthy

bamboozled

transitive verb

1 : to deceive by underhanded methods : dupe, hoodwink
"I got bamboozled by the salesperson to buy a more expensive model."

Originally posted by lazybones
Fair point. However, the tax reform only has about a 38% approval rating, which is lower than historic ratings of many tax hikes, and Obamacare which led to the 2010 House bloodbath. 38% is higher than Trump's (35%) so it may give a little boost. But Democrats are polling at about 56% (+18 lead) in latest generic ballot. So the popularity would have to reach that sort of ballpark to stem the Dem wave.

Wait a minute...our congress passed legislation that a majority of Americans don't agree with? Preposterous!!!

YouTube video

Originally posted by Surtur
Lol. I wonder if Hitler would have passed a tax plan like this?

haermm

Originally posted by Surtur
Wells Fargo, Fifth Third Bancorp unveil minimum wage hikes after tax bill passage

Nice.

Boeing CEO Dennis Muilenburg unveils $300M in initiatives in response to tax bill

Neat.

AT&T Announces Big Bonuses for Employees After GOP Tax Bill Passage

[b]"This news might come as a black eye for Senate Minority Leader Chuck Schumer, who invoked AT&T as he criticized the GOP reform plan in a speech of dissent today"

lol [/B]

Originally posted by Surtur
I thought only rich people would benefit. AT&T must have 200,000 wealthy folk working for it.

That's.....nothing. It's so insignificant to the overall economy particularly the money they save on taxes and the wealth they've accumulated so far. Particularly Fargo and AT&T. Have you seen their earnings report for the last 5 years? They've made a lot of people money over the years but they're the worst example of capitalism run unchecked.

It's the equivalent of a local government where every member is obese on fine food giving out a quarter of a single grain of rice to about 1000 people each in an imporvished community only for the people to be grateful.

Don't fall for it. Do some fundamental analysis, all information can be found on google.