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re: Question for Alabama
Posted on 12/11/17 at 6:23 pm to Tiger n Miami AU83
Posted on 12/11/17 at 6:23 pm to Tiger n Miami AU83
quote:
Lol. If he doesn't resign before his first term is over, Dems will bring articles of impeachment in the house in early 2019. Senate may not vote to convict though. Similar to clinton
dcbl isn't a bad guy but he's being blinded by his partisan nature. It's a pipe dream to believe that Trump has even a slight chance to win reelection in '20. He'll never, and I mean never, expand his base beyond the 35-40% he has now. He's not even interested in trying. Plus I believe that if the Dems take the house there is a real chance that 14-15 never Trump republicans would see the writing on the wall for '20 and join Flake (who I really like) and Corker to convict in the senate. dcbl will never buy this though because he truly believes the Alabama republican mentality equals the mentality of all republicans. There is no appreciation for nuance there at all.
2
Posted on 12/11/17 at 6:27 pm to crimson jake
quote:
giving them another trillion over the next 10 years,
What kind of simpleton thinks like this?
Posted on 12/11/17 at 6:32 pm to crimson jake
Agree with all of that.
The way things are looking and trending, the dems chances of taking the house in 2018 are about 55-45 right now IMO. 60-40 if Moore is elected (Dems will make hay on that 24/7 from now till then).
If that happens, the Senate vote on impeachment will be very interesting. You may well be right that a number of republicans will want to go on record with a yes vote to distance themselves from Trump and try to save themselves in 2020. It would be a gamble though. They would have to be senators from "purple" states as Trump still commands a passionate group of retards who would try and primary them.
I personally believe Trump will end up resigning before a Senate vote if it is too close to call. IMO he is a dullard and bit of a coward when the chips are down (remember he was ginning up conspiracy theories when he thougt he was going to lose the election) who will pack up and go before it is all said and done.
The way things are looking and trending, the dems chances of taking the house in 2018 are about 55-45 right now IMO. 60-40 if Moore is elected (Dems will make hay on that 24/7 from now till then).
If that happens, the Senate vote on impeachment will be very interesting. You may well be right that a number of republicans will want to go on record with a yes vote to distance themselves from Trump and try to save themselves in 2020. It would be a gamble though. They would have to be senators from "purple" states as Trump still commands a passionate group of retards who would try and primary them.
I personally believe Trump will end up resigning before a Senate vote if it is too close to call. IMO he is a dullard and bit of a coward when the chips are down (remember he was ginning up conspiracy theories when he thougt he was going to lose the election) who will pack up and go before it is all said and done.
This post was edited on 12/11/17 at 6:35 pm
Posted on 12/11/17 at 6:33 pm to dcbl
quote:
The economy is already better and this tax cut will make it even better
How? Is it going to lower unemployment? Is it going to result in higher wages for the middle class? Seriously, how?
What Reagan did, when Reagan did it, was exactly what needed to be done. This is not the same situation. The biggest challenge we face is income inequality. Corporations and the rich are currently not in need of help. WHERE IS THE STIMULUS THAT IS GOING TO ADDRESS LOW WAGES? Sorry to yell but this obvious problem with the current GOP tax plan can NOT be stressed enough.
Posted on 12/11/17 at 6:41 pm to crimson jake
look - we have never had a tax cut that has not resulted in MORE money for everyone - including the government
the idea is to make it easier for American companies to compete
we (the USA) are already at a significant disadvantage because our wages and standard of living are so much higher than what our competitors have (IE - China, S Korea, Mexico) deal with
the tax plan is aimed at keeping companies here & making it easier for business to grow (and subsequently create more jobs)
but more importantly; to repatriate offshore monies being kept out of the country because of our pernicious corporate tax rates
we have one of the highest corporate tax rates of anyone
and Jake is a pretty good guy as well
we just disagree here
the idea is to make it easier for American companies to compete
we (the USA) are already at a significant disadvantage because our wages and standard of living are so much higher than what our competitors have (IE - China, S Korea, Mexico) deal with
the tax plan is aimed at keeping companies here & making it easier for business to grow (and subsequently create more jobs)
but more importantly; to repatriate offshore monies being kept out of the country because of our pernicious corporate tax rates
we have one of the highest corporate tax rates of anyone
and Jake is a pretty good guy as well
we just disagree here
Posted on 12/11/17 at 6:45 pm to Evolved Simian
quote:
What kind of simpleton thinks like this?
Are you kidding? It's not a state secret you dipshit. 1 trillion to corporations, 300 million to the individual which will be paid back in the second half of the decade, 100 million for the Estate tax. Huge holes in the safety net. Don't believe me just ask Mitch it's his baby.
Funny how there are so many morons who hate McConell, but love Trump. Do they even realize that Mitch is driving policy almost completely alone while Trump waits in his high chair to sign any fricking thing at all that McConell puts in front of his face?
Posted on 12/11/17 at 6:50 pm to dcbl
quote:
look - we have never had a tax cut that has not resulted in MORE money for everyone - including the governm
I'll argue the second round of bush tax cuts did significantly more harm than good. Sure as shite added a lot to the deficit and his repatriation holiday was a joke a significant reason so much cash is now parked offshore (businesses shifted more earnings offshore in anticipation of future tax holidays). Hell, Bush's own chief economic advisor strongly warned against the cuts for the exact same reasons why they are a terrible idea now. An economy at full employment that needs deficit reduction, not yet another deficit spike.
Again, mark my words, individual tax rates will increase within the next 4 years as a direct result of these corporate tax cuts. Personally I like keeping more of my money. I already pay 30k in just federal taxes yearly and I would bet a lot of money I will be paying more in 4 years due to this shite tax cut.
quote:
have one of the highest corporate tax rates of anyone
No offense, but I'm sick of this stupid talking point. The effective corporate tax rate is all that matters and if anything it is a tiny bit on the low side compared to most OECD countries. It could stand to come down a little bit, but it is not worth the price in our current fiscal situation.
This post was edited on 12/11/17 at 6:59 pm
Posted on 12/11/17 at 6:53 pm to crimson jake
quote:
Funny how there are so many morons who hate McConell, but love Trump. Do they even realize that Mitch is driving policy almost completely alone while Trump waits in his high chair to sign any fricking thing at all that McConell puts in front of his face?
Isn't that the truth?
Trump does not know, nor does he care, the difference between his arse and a hole in the ground. He will sign anything, absolutely anything, put in front of him and claim victory over his real or imagined foes.
This post was edited on 12/11/17 at 6:54 pm
Posted on 12/11/17 at 6:54 pm to dcbl
quote:
look - we have never had a tax cut that has not resulted in MORE money for everyone - including the government
the idea is to make it easier for American companies to compete
we (the USA) are already at a significant disadvantage because our wages and standard of living are so much higher than what our competitors have (IE - China, S Korea, Mexico) deal with
the tax plan is aimed at keeping companies here & making it easier for business to grow (and subsequently create more jobs)
but more importantly; to repatriate offshore monies being kept out of the country because of our pernicious corporate tax rates
we have one of the highest corporate tax rates of anyone
and Jake is a pretty good guy as well
we just disagree here
Just like I said dcbl. You're expecting the exact same results as always from a completely, even radically different situation. Go back in our history and show me where unemployment was under 4%, the stock market was booming, and corporations were earning record profits, but everyone agreed shite was fricked up. I agree about the corporate tax rate needing to come down to protect our future, but that does not address our current problems. Where is the stimulus to increase wage growth?
Posted on 12/11/17 at 6:55 pm to Abe1961
This thread is 3 pages long, on the wrong board, and is already better than anything on the Political Talk Board.
See how neat it is to allow people with differing opinions to hash it out without censoring the side you don’t agree with?
Perfect example of why we need a Political board on the SECRant side of things. It would be better moderated and have more civilized and productive discussion than anything that ever goes on at the safe space on the other side of the website.
See how neat it is to allow people with differing opinions to hash it out without censoring the side you don’t agree with?
Perfect example of why we need a Political board on the SECRant side of things. It would be better moderated and have more civilized and productive discussion than anything that ever goes on at the safe space on the other side of the website.
This post was edited on 12/11/17 at 6:56 pm
Posted on 12/11/17 at 6:57 pm to Tuscaloosa
Agree. The poliboard is a shite show and total embarrasment to this beautiful website.
I blame the mod of that cesspool 100%.
I blame the mod of that cesspool 100%.
Posted on 12/11/17 at 7:02 pm to Tiger n Miami AU83
quote:
Tiger n Miami AU83
Dude you have been strong in this thread. Here's to William F. Buckley Jr. and intellectual conservatives (a dying breed).
Posted on 12/11/17 at 7:11 pm to crimson jake
Likewise. Can t believe I have been agreeing with so much in this thread, from some Bama fans no less, lol.
Good discussion here.
Good discussion here.
Posted on 12/11/17 at 7:20 pm to crimson jake
How can we have wage growth without a growth in profits and incentives for investments?
The problem, as I see it, is that the "mega corporations" are already working the system for effective tax rates commensurate with what the proposed rates are, but the small companies are stuck with paying the higher rate
Small business and individual ingenuity are the backbone of job creation and wage growth
I see this tax bill as a step in the right direction to address that issue and create a more "growth friendly" environment
The problem, as I see it, is that the "mega corporations" are already working the system for effective tax rates commensurate with what the proposed rates are, but the small companies are stuck with paying the higher rate
Small business and individual ingenuity are the backbone of job creation and wage growth
I see this tax bill as a step in the right direction to address that issue and create a more "growth friendly" environment
This post was edited on 12/11/17 at 7:22 pm
Posted on 12/11/17 at 7:35 pm to dcbl
Well, I do not see corporations with more money from tax cuts raising wages or investing it in capital expenditures.
1. US corps are sitting on records amounts of cash already.
2. Historically corporate tax cuts have never resulted in wage growth, they result in dividend buybacks, more cash, sometimes higher dividends and that is about it. The capital for investment is already there and more cash isn't gonna change that.
3. Paying out more in salaries does not drive share prices which is what the people that matter and who effectively make the decisions care about. Hence stock buybacks and in some cases higher dividends. The only incentive to raise wages is to retain talent or union leverage and neither has anything to do with tax cuts.
I've worked for a lot of big firms. When the firm has a big year it goes in the pockets of the owners not the workers for the most part. Additional cash from tax cuts is the same, even moreso.
The real question is how to get wages higher. And that is a tricky puzzle. The best way to do it is full employment, which we are getting close too, so there is a bright side there.
But it has zero to do with tax cuts and I will argue these tax cuts will result in less purchasing power (through higher interest rates and eventually inflation) with no more cash in pockets and eventually both of those things with less cash in pockets when individual rates go up in the near future to pay for these corporate cuts.
1. US corps are sitting on records amounts of cash already.
2. Historically corporate tax cuts have never resulted in wage growth, they result in dividend buybacks, more cash, sometimes higher dividends and that is about it. The capital for investment is already there and more cash isn't gonna change that.
3. Paying out more in salaries does not drive share prices which is what the people that matter and who effectively make the decisions care about. Hence stock buybacks and in some cases higher dividends. The only incentive to raise wages is to retain talent or union leverage and neither has anything to do with tax cuts.
I've worked for a lot of big firms. When the firm has a big year it goes in the pockets of the owners not the workers for the most part. Additional cash from tax cuts is the same, even moreso.
The real question is how to get wages higher. And that is a tricky puzzle. The best way to do it is full employment, which we are getting close too, so there is a bright side there.
But it has zero to do with tax cuts and I will argue these tax cuts will result in less purchasing power (through higher interest rates and eventually inflation) with no more cash in pockets and eventually both of those things with less cash in pockets when individual rates go up in the near future to pay for these corporate cuts.
This post was edited on 12/11/17 at 7:38 pm
Posted on 12/11/17 at 7:43 pm to dcbl
quote:
Small business and individual ingenuity are the backbone of job creation and wage growth
By the way, I agree with this. However, in discussing this, you get into demand side economics, then we change the topic to a different kind of tax cut or spending increase aimed at lower income, lower middle class, and middle class individuals and families who spend practically all of their disposable income. Give them more to spend, they drive demand and increase the opportunities for businesses, large and small.
But that is demand side economics and I'm not qualified or knowledgeable enough in that area to opine much more than I just did there
Posted on 12/11/17 at 8:08 pm to Abe1961
Probably not voting. Don’t like Jones. Don’t like Moore. Would rather have a republican in office though.
Also, if you write somebody in, are you really even voting?
Also, if you write somebody in, are you really even voting?
Posted on 12/11/17 at 8:09 pm to Tuscaloosa
quote:
A more accurate description of his stance would be that he doesn’t believe it’s the government’s job to tell women whether they’re allowed to have a late term abortion or not.
Which even as a libertarian, I think is a moronic stance
This post was edited on 12/11/17 at 8:09 pm
Posted on 12/11/17 at 8:12 pm to crimson jake
quote:
In principle I disagree with corpations paying any taxes
If only everybody would really think this concept through and not jump all over it as soon as they can
Posted on 12/11/17 at 9:01 pm to Tuscaloosa
quote:Just more of a pussyfoot description. No stance in favor of killing babies is a good stance.
A more accurate description of his stance would be that he doesn’t believe it’s the government’s job to tell women whether they’re allowed to have a late term abortion or not.
quote:backwards in your eyes isn't a bad thing for us.
Single issue voting by Alabamians is why the state is among the most backwards in the county and towards the very bottom in almost every relevant measurement.
There is nothing more backwards on this planet than your pure evil stance on killing babies, absolutely nothing more evil. Suck it, demon.
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