"Here's How America's Biggest Companies Are Spending Their Tax Cuts"

Discussion in 'Current Events' started by archives, May 22, 2018.

  1. goofball

    goofball Banned

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    You attempted to do that by making stuff up.

    Ironic, huh? And childish.
     
  2. Professor Peabody

    Professor Peabody Well-Known Member Past Donor

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    Most voters have 401(k)'s. For the first time in years they are growing. Good luck telling them they aren't.
     
    Last edited: May 22, 2018
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  3. TomFitz

    TomFitz Well-Known Member

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    Really? The stock market has been gyrating pretty steadily since the tax bill was signed, and a it hasn't significantly increased since the first of the year.

    Meanwhile, the corporations are doing exactly what the critics of the GOP tax bill said they were going to do.

    Buy back stock, to drive up prices and fatten CEO and broker bonuses. Which is what the tax bill was intended to do.

    Who cares what the long term consequences are. Steve Mnuchin's friends will get their big payday!

    And the Trumpsters will get $25 a week, all in borrowed money!

    Talk about being conned into settling for the crumbs off the table.
     
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  4. ocean515

    ocean515 Well-Known Member Past Donor

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    Why don't you post some links to these claims, and we can discuss that?

    Regarding the OP, the flaws in the opinion of a young girl 6 months into her first real job as a journalist doesn't carry much weight in the real world.
     
  5. superbadbrutha

    superbadbrutha Banned

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    Lmao, I stand corrected.
     
  6. TomFitz

    TomFitz Well-Known Member

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    No, but that is the idiotic stereotype Wall Street sold you via Fox so you'd continue to believe that giving them more money would be good for you.
     
  7. superbadbrutha

    superbadbrutha Banned

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    So I am making up the lies and falsehoods he tells.
     
  8. goofball

    goofball Banned

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    Web is spot in.

    He nailed the lib mindset. You are demonstrating it in this thread.
     
  9. goofball

    goofball Banned

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    No. They are your own.
     
  10. ocean515

    ocean515 Well-Known Member Past Donor

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    To that which I bolded and underlined above.

    Do you really want to go on record stating you don't care how actions like Tax Reform help citizens over the long term, your complaint is that you think it only benefits the rich right now?

    If that's the case, how has tax reform hurt you?
     
  11. Wildjoker5

    Wildjoker5 Well-Known Member

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    The idea is that if the government doesn't get the money, then it never gets spent. You know, the rich never pay for anything or go anywhere or start any new companies or expand their existing companies. And if they keep their money, that means the poor lose their money. Only government spends everything it receives, and then some.
     
  12. Wildjoker5

    Wildjoker5 Well-Known Member

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    Hookers gotta get paid too. Do you think hookers aren't working hard for the money. Sounds like more jobs being created. Oh, but those "jobs" are under the tables and not taxed right?
     
  13. StillBlue

    StillBlue Well-Known Member

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    SOP today, attack the messenger ignore the message.
     
  14. Wildjoker5

    Wildjoker5 Well-Known Member

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    And when they run out of those types of workers? Where do you think they get trained? At the bottom. When the trained workers move up, guess that bottom spot is opened to a new employee right?
     
  15. Wildjoker5

    Wildjoker5 Well-Known Member

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    Do you not considered the half truths as lies by Obama? I never heard Trump promise me something that he cant produce, unlike Obama. Yes, Trump has lied, everyone does. Why are you so upset about how Trump lies about his hands being so yuge?
     
  16. squidward

    squidward Well-Known Member

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    don't buy their products if you don't like their behavior
     
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  17. ocean515

    ocean515 Well-Known Member Past Donor

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    I haven't ignored the message. In fact, I posted a link and passages that counter the opinion offered by the young woman.

    However, I do think it's germane to the conversation to point out the "journalist" who wrote the article and offered opinions about the topic is only 6 months into their first real job. I could have gone further to point out she has no background in economics, and her degree is in journalism.
     
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  18. archives

    archives Well-Known Member

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    401Ks don't include dividend payments, it is current stockholders who reap the benefits
     
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  19. archives

    archives Well-Known Member

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    Nothing, and still doesn't, and now the rest of us will have to make up the difference in revenues lost
     
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  20. Wildjoker5

    Wildjoker5 Well-Known Member

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    You do know stocks are investments for more companies to be started or expand right? They are also for retirement plans. Not to mention its a way insurance companies gain the revenue they use to pay for their customers who make claims right? The money paid to insurance companies don't just sit in a vault waiting to be paid out, they are invested in stocks and mutual funds so the companies don't go broke spending more than what was given in premiums.
     
  21. superbadbrutha

    superbadbrutha Banned

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    Lol, you are a true Trumper. Talk about can't see the forest for the trees.
     
    Last edited: May 22, 2018
  22. goofball

    goofball Banned

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    What lost revenues, and how will you make it up? Be specific.
     
  23. mdrobster

    mdrobster Well-Known Member

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    the same thing from 15 yrs ago when bush jr cut taxes. it is a ridiculous concept.
     
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  24. archives

    archives Well-Known Member

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    I think workers today, given the snails pace of personal income growth and increase of personal debt, would rather have higher wages now than promises of an increased benefit down the road. In addition, given that most would have to use it as discretionary income, it would be reinvested in the economy quicker

    The article is once again an opinion piece promoting supply side economics, waiting for that trickle down sometime in the future
     
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  25. archives

    archives Well-Known Member

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    But the more you have in the bigger the dividend, you do the math
     

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