The GOP tax bill would be very bad for the economy.

Discussion in 'Economics & Trade' started by Kode, Nov 30, 2017.

  1. squidward

    squidward Well-Known Member

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    Think about the stupidity of taking our money so we can have an economy and make money.

    Only someone looking for someone else's **** to be given to him would approve
     
  2. GrayMan

    GrayMan Well-Known Member

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    The top one percent doesn't even have to work. They just pay others to do it and buy people's good ideas knowing their ideas are worthless without the money to back them.
    I promote hard work and good ideas being what makes you rich not money making money.

    I don't want business to pay more but they should if only to prevent the monopolization of power via money and lobbiests/paying for candidates advertising.
     
  3. james M

    james M Banned

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    so?? do you want a lib Nazi govt to make them work?
     
  4. james M

    james M Banned

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    money makes money and money loses money. Do you want it to be illegal to invest money?
     
  5. james M

    james M Banned

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    Trump spent far less than Hillary and lost so money means little.
     
  6. Kode

    Kode Well-Known Member

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    Think for just a minute. Is no tax dollar used to benefit the economy, which is what you denied, . . . -not funding entitlements? How about money spent on congressional salaries to develop new tax law to help the economy? How about tax revenue used years ago to develop computers and then the internet. They had an effect on the economy. And the corporate elite send lawyers and lobbyist to petition government and to even write legislation in the A.L.E.C. and all of it has an effect on the economy.

    You might want to reconsider your half-baked knee-jerk reply.
     
  7. Reiver

    Reiver Well-Known Member

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    But its even worse than that isn't it? According to the likes of the IMF, then also reduce growth. They're reducing the size of the cake for those that do work!
     
  8. rahl

    rahl Banned

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    Reality seems to prove this claim to be bullshit. Every time republicans are in control, they explode the deficit and the debt.
     
  9. rahl

    rahl Banned

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    Republicans have never tried to make debt illegal. Republican love debt. They explode the deficit and the debt every time they are in power.
     
  10. squidward

    squidward Well-Known Member

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    It comes out before it can get put back in, minus tremendous government waste, for a net loss
     
  11. squidward

    squidward Well-Known Member

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    How?
    They've been the benefactor of ungodly amounts of liquidity courtesy of the Fed, of which you approve, and from which their gains are coming from
     
  12. squidward

    squidward Well-Known Member

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    Thank the Fed. These companies have access to trillions in liquidity first. They decide who gets the capital and who doesn't.
    Insolvent banks got trillions while averge guys with good ideas get ****
     
    Last edited: Dec 10, 2017
  13. Kode

    Kode Well-Known Member

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    Prove it.
     
  14. squidward

    squidward Well-Known Member

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    One dollar of bureaucratic waste equals one dollar net loss back to the economy.
     
    Last edited: Dec 10, 2017
  15. Kode

    Kode Well-Known Member

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    That doesn't prove anything, -especially that what I said was "wrong".
     
  16. squidward

    squidward Well-Known Member

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    The absolute best you could get is neutral, and that's without one penny of waste
     
  17. Kode

    Kode Well-Known Member

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    -you believe. Wait and see. But this isn't about you. Read the analyses of the bill and its impact.
     
  18. Kode

    Kode Well-Known Member

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  19. Ndividual

    Ndividual Well-Known Member

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    'His spokeswoman, Joy Fox, said, "I would change his statement going forward to 'up to $1.90' or 'between 70 cents and $1.90 goes back into the economy.' "'
    Probably a much more accurate claim. ^^^
     
  20. Kode

    Kode Well-Known Member

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    Yes and it disproves Squidward's claim very well.
     
  21. squidward

    squidward Well-Known Member

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    Last edited: Dec 10, 2017
  22. Kode

    Kode Well-Known Member

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    It took you quite a while to dream up a question that you thought could provide you with an "out" so you could reject it off hand. Read the link. It's all there.
     
  23. squidward

    squidward Well-Known Member

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    So you read link in Google search and decided to post it?
     
  24. Kode

    Kode Well-Known Member

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    READ
    THE
    LINK
    IN
    POST
    93
     
  25. squidward

    squidward Well-Known Member

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    You can't speak about a study you posted?
    Pretty weak. But hey, I'm feeling generous, I'll give you credit for reading the abstract
     

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