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AP says 90% of Workers get Tax Cut
February 2, 2018 at 2:01 pm
Not surprisingly the End-of-the-World, predicted by congressional Democrats has been shown to be yet another lie. I learned a long time ago that when the Democrats talk about taxing the rich it's apparent that they think 90% of American workers are "rich"
AP ARTICLE
Trump is winning. The American people are winning. Democrats are whining.
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RE: AP says 90% of Workers get Tax Cut
February 2, 2018 at 2:05 pm
So?
The RATIO that the top gets, negates the crumbs the rest of the bottom two classes get. THAT is the SCAM Reagan started and the GOP has sold ever since.
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RE: AP says 90% of Workers get Tax Cut
February 2, 2018 at 2:19 pm
(This post was last modified: February 2, 2018 at 2:21 pm by John V.)
(February 2, 2018 at 2:01 pm)Neo-Scholastic Wrote: Not surprisingly the End-of-the-World, predicted by congressional Democrats has been shown to be yet another lie. I learned a long time ago that when the Democrats talk about taxing the rich it's apparent that they think 90% of American workers are "rich"
AP ARTICLE
Trump is winning. The American people are winning. Democrats are whining.
The Dems are now basically a main course of immigration with a side dish of transgender.
(February 2, 2018 at 2:05 pm)Brian37 Wrote: So?
The RATIO that the top gets, negates the crumbs the rest of the bottom two classes get. THAT is the SCAM Reagan started and the GOP has sold ever since.
What difference does income inequality make?
I got a 5% raise this year. My billing rate was increased 7%, so the gap between me and my boss widened. Why should that bother me?
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RE: AP says 90% of Workers get Tax Cut
February 2, 2018 at 2:21 pm
(February 2, 2018 at 2:05 pm)Brian37 Wrote: So?
The RATIO that the top gets, negates the crumbs the rest of the bottom two classes get. THAT is the SCAM Reagan started and the GOP has sold ever since.
What exactly do you think the people at the top do with that money? Horde it in a vault like Scrouge McDuck? They invest it in businesses and ventures that provide jobs and build the wealth of nations. Have you ever job from a poor man?
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RE: AP says 90% of Workers get Tax Cut
February 2, 2018 at 2:29 pm
(February 2, 2018 at 2:01 pm)Neo-Scholastic Wrote: Not surprisingly the End-of-the-World, predicted by congressional Democrats has been shown to be yet another lie. I learned a long time ago that when the Democrats talk about taxing the rich it's apparent that they think 90% of American workers are "rich"
AP ARTICLE
Trump is winning. The American people are winning. Democrats are whining.
Glad you are so impressed with chump change, asshole. How will you feel when "your" tax cuts expire but the corporate scumbags' cuts don't. Oh, right, you won't care because you got $5 in your pocket.
You represent everything that is wrong with this fucking country, Chad. Go read your fucking bible and pretend that everything is wonderful.
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RE: AP says 90% of Workers get Tax Cut
February 2, 2018 at 2:35 pm
(This post was last modified: February 2, 2018 at 2:35 pm by The Grand Nudger.)
(February 2, 2018 at 2:21 pm)Neo-Scholastic Wrote: What exactly do you think the people at the top do with that money? Horde it in a vault like Scrouge McDuck? Yeah...actually, so long as the vault is an offshore tax haven.
Quote:They invest it in businesses and ventures that provide jobs and build the wealth of nations. Have you ever job from a poor man?
Interesting, because no data has ever been found to suggest that this is what happens when wealth is redistributed to the top..in each and every case the results are precisely the opposite. You're talking as if this hasn't already been tried, or as if the results weren't a matter of public knowledge. I get that you think that maybe it;ll work this time.....but even the congresscritters know that's not true, and cynically continue to push the narrative in plain sight and on record.
I am the Infantry. I am my country’s strength in war, her deterrent in peace. I am the heart of the fight… wherever, whenever. I carry America’s faith and honor against her enemies. I am the Queen of Battle. I am what my country expects me to be, the best trained Soldier in the world. In the race for victory, I am swift, determined, and courageous, armed with a fierce will to win. Never will I fail my country’s trust. Always I fight on…through the foe, to the objective, to triumph overall. If necessary, I will fight to my death. By my steadfast courage, I have won more than 200 years of freedom. I yield not to weakness, to hunger, to cowardice, to fatigue, to superior odds, For I am mentally tough, physically strong, and morally straight. I forsake not, my country, my mission, my comrades, my sacred duty. I am relentless. I am always there, now and forever. I AM THE INFANTRY! FOLLOW ME!
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RE: AP says 90% of Workers get Tax Cut
February 2, 2018 at 2:35 pm
Y'all really need to demand more from your government.
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RE: AP says 90% of Workers get Tax Cut
February 2, 2018 at 2:36 pm
They tell us to pound sand and then deploy the howler monkey brigade.
I am the Infantry. I am my country’s strength in war, her deterrent in peace. I am the heart of the fight… wherever, whenever. I carry America’s faith and honor against her enemies. I am the Queen of Battle. I am what my country expects me to be, the best trained Soldier in the world. In the race for victory, I am swift, determined, and courageous, armed with a fierce will to win. Never will I fail my country’s trust. Always I fight on…through the foe, to the objective, to triumph overall. If necessary, I will fight to my death. By my steadfast courage, I have won more than 200 years of freedom. I yield not to weakness, to hunger, to cowardice, to fatigue, to superior odds, For I am mentally tough, physically strong, and morally straight. I forsake not, my country, my mission, my comrades, my sacred duty. I am relentless. I am always there, now and forever. I AM THE INFANTRY! FOLLOW ME!
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RE: AP says 90% of Workers get Tax Cut
February 2, 2018 at 2:37 pm
(This post was last modified: February 2, 2018 at 2:38 pm by John V.)
(February 2, 2018 at 2:35 pm)Aegon Wrote: Y'all really need to demand more from your government.
No, we'd be better off with less from our government. Which is another thing Trump is accomplishing through his hiring freeze.
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RE: AP says 90% of Workers get Tax Cut
February 2, 2018 at 2:38 pm
(This post was last modified: February 2, 2018 at 2:40 pm by The Industrial Atheist.)
(February 2, 2018 at 2:21 pm)Neo-Scholastic Wrote: (February 2, 2018 at 2:05 pm)Brian37 Wrote: So?
The RATIO that the top gets, negates the crumbs the rest of the bottom two classes get. THAT is the SCAM Reagan started and the GOP has sold ever since.
What exactly do you think the people at the top do with that money? Horde it in a vault like Scrouge McDuck? They invest it in businesses and ventures that provide jobs and build the wealth of nations. Have you ever job from a poor man?
https://www.cnbc.com/2018/01/24/us-firms...-says.html
"We really don't know what the impacts are going to be, but it appears right now what companies are going to do is provide bigger dividends, they're going to do stock buybacks, make more acquisitions, and I think the amount of cash in the U.S. will probably inflate the economy a bit," Rubenstein told guests at Davos during a panel entitled "The Next Financial Crisis" on Tuesday.
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Buybacks happen when firms buy their own shares trading on the stock exchange, reducing the portion of shares in the hands of investors. They offer a way to return cash to shareholders — along with dividends — and usually coincide with a company's stock pushing higher as shares get scarcer.
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https://theintercept.com/2017/12/19/tax-...epublican/
It really all depends on if it happens and when it happens and how we would spend it. Cash is fungible. Right now, we’re thinking it might not happen until 2019, so obviously we are using internally generated cash in 2018 to invest in the business and return capital to our shareholders. If it were to happen in 2019, we might use the tax — cash tax savings to invest in the business and then use — generated cash to back buy [sic] shares, it’s all fungible. The point is, we’re going to generate a lot, we may get some from tax reform and we will use it. We will invest back in the business, and we will return it our [sic] shareholders.
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By “return it to our shareholders,” she is referring to a buyback, which drives up the price of a stock and can come with dividends as well. Typically, executives hold much of their wealth in company stock, and their compensation is tied to the performance of the shares.
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