Corporate tax rate cut used to buyback stock and layoff workers.

Lets face it, the dems aren't the fiscal responsibility party. But the Republicans are only the fiscal responsibility party when they aren't in power which makes a balanced budget really unlikely. The only reason it passed was because Clinton was more of a centrist dem and this didn't work on Obama who is more left-wing, and we probably won't have a balanced budget again.

 

Of course you do. You are fully aware that if you live and work in the US, you are required to pay them. Since you haven’t left or renounced citizenship, you’ve agreed.

Of course you do. You are fully aware that in your state, if you own property you are required to pay property tax. You also know you are required to pay sales and gas tax. Nobody forced you to remain on US soil and do those things listed above.

 

But you are fully aware that it isn’t.

 

I guess when you not in power...you mean not in both the Legislative and Executive? I would agree. WHen they just have the legislative they certainly are...as we have seen. The problem is the President, no matter the party, is always wanting more money to run the Govt

 

It actually would be nice if the GOP got on board of actually paying for government expenditures by taxation, instead of putting it on the credit card like an irresponsible spendthrift. See how that works?

 

And if you are here on Political forum posting day and daily chances are you aren't working either.

 

And the perfect example was Bush, for the first time ever we started a war and didnt raise taxes!
Instead he hid it in the books while putting it on the revolving credit of every man women and child!

 

No I don't. I was born here. I didn't migrate here.

Cut taxes and regulations and slash spending even more.

 

Oh is the DNC going to suggest raising taxes on Americans enough to pay for all of it? Where is that legislation?

 

So you admit that taxes are built into the price the price of products m, meaning our high corporate tax rate means pricier goods. You also admit that people got more money in their paychecks.

We agree that businesses rarely, if ever, lower prices on products when they get a tax break. We do know that many companies paid out large bonuses last year though. Extra money in workers pockets is never a bad thing.

Workers have more money in their pockets every month and prices dont change. Large corporations have increasing stock prices and are paying out larger dividends. Both of these are also good things for the middle class workers with 401k's. I'm still failing to see how these are bad things.

 

And you choose to remain here, knowing full well that taxes are required. You voluntarily agree to them.

That would be silly.

 

Not at all. Haven't you noticed the increase in jobs over the past couple of years? All wealth comes from business profits - yours, mine and everybody else's. When business does better we all do better. Basic capitalism.

 

Actually life as we know it will eventually disappear if we don't. Change silly to critical.

 

No, it’s silly

 

I'm not going to be run out of my country by a bunch of left-wingers. I'm here stay and change things. That's why Trump won. To change the status quo.

That would be the smart thing to do.

 

We actually have a very high tax burden on those who voluntarily surrender their U.S. citizenship,sort of a punishment tax.

 

Right, which is why you know you’ve voluntarily agreed to paying those taxes. Thank you.

Not to anyone with any fiscal or economic knowledge. Which of course excludes trumpers.

 

1) Yes, taxes are prices into products, together with a ton of other factors.

2) Yes, people got more money in their paychecks, although for most of them, including myself, it made no significant difference for household finances. That's why I called it a pittance.

3) Businesses could gain a competitive advantage by lowering their prices after the corporate tax cut, selling more product than the competition, who didn't lower prices. Now, why did that not happen?

4) The money in people's pockets is from taxes deferred to the future. That's why the tax cut is just another stimulus, buying votes. Yet, unlike the Obama stimulus in 2009, this one is during good economic times, in which there was no need to stimulate the economy. In fact, what will be achieved by it at the end is a deeper that will come sooner, because the stimulus makes people feel prosperous (when they really are not), so they take on more consumer debt. That's behavioral economics, which the GOP tends to ignore.

 

Just over $100K . Do I get reported for revealing that?

 

Politicians in the US have been buying votes on the backs of the tax payer for at least a century. How many dozens or thousands of programs would I need to list for you to admit that undeniable truth?

Prices on consumer goods are what they are. We are going to pay then regardless of what they are. I know I didnt see an appreciable price increase on most products when gas was over $5.00 a gallon nationally and I didnt expect to see a drop with the tax cut. What I have seen is my ~4% growth year over year in my 401k under Obama and i have seen over 8% growth in the last year. My individual investments have also been paying much better dividends over the last 6 quarters than I ever saw under Obama.

 

Average annual S&P500 return under Obama was 14.9%, under Trump it is about 10% so far. Me thinks, you must have made an investment mistake under Obama, or you are viewing the Obama years with doom-colored glasses that do not conform with reality.

Also, I agree that Dems are not immune to vote buying. At least their vote buying doesn't give all the money to the fat cats, who are hoarding it instead of investing it.

 

Why Do Corporations Get Their Own Tax Code

If They Be, "People" with all the entitlements etc. and whatnots.

One Tax Code!


Moi

, Inc
most be stopped ​

 

Why do people get their own tax code?

People with homes get to deduct their mortgage interest.

People with children get a child tax credit.

People with hybrids/electric cars get deductions.

People with solar get deductions.

People who are handicapped get deductions.

etc. etc. etc.

 

Yes they do. They give the same money to the same people. They promise free stuff for everyone but never actually deliver.

 

Nope. You can't cut your way to prosperity.