Trump supporters, have you already sold your stocks?

Discussion in 'Political Opinions & Beliefs' started by Quantum Nerd, Nov 7, 2020.

  1. Borat

    Borat Banned

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    You just admitted that the libs/Biden won't extend tax cut for the working people. You were shedding crocodile tears that it would expire 10 minutes earlier LOL
     
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  2. kriman

    kriman Well-Known Member Past Donor

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    That is much too simple an answer. Generally, the benefits of a tax cut would be spread out over a number of people. If it reduces the production cost, it is likely there will be a reduction in the cost of the product which benefits the purchaser. The employees are apt to benefit as well as the owners (stockholders). Additionally, it tends to make the corp more competitive which mean it would get more business. Since all corporations get that benefit, it is likely to benefit all corporations and all of the different groups mentioned above.

    Taxes on corporations are simply not the same as taxes on individuals.
     
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  3. Spim

    Spim Well-Known Member Past Donor

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    I've been in the market for 6 presidents now, no need for drastic change. This year certainly has been a bit crazy however.
     
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  4. Steady Pie

    Steady Pie Well-Known Member Past Donor

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    I go long term. Always.
     
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  5. FreshAir

    FreshAir Well-Known Member Past Donor

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    give the tax cuts to the working class instead, they are the ones that buy stuff
     
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  6. garyd

    garyd Well-Known Member

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    Presidents are generally irrelevant. Only the China sellouts give a damn about Trump people doing business here will miss Trump. If you run a small business in the US Biden is going to destroy you or, more correctly the policies he espouses will kill what ever you've got left if you manage to survive the covid panic Biden has said he wants to start.
     
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  7. FreshAir

    FreshAir Well-Known Member Past Donor

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    if republicans prevent any addl stimulus, that will be when we crash, so watch the Senate

    Biden's hands will be tied by the Republicans in the Senate, so lets see if Republicans put country before party for a change
     
    Last edited: Nov 25, 2020
  8. garyd

    garyd Well-Known Member

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    The only reason we don't have a stimulus now us Nancy was to destroy the voting system in the country as part of the package.
     
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  9. FreshAir

    FreshAir Well-Known Member Past Donor

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    sure, that's it, lol
     
  10. peacelate

    peacelate Banned

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    Senate republicans are already plotting to sabotage Biden's presidency, and he hasn't even taken office yet. Their party used to stand for something, but ever since Trump got elected, it's just been about owning libs. Look at the republican senators today who still deny Biden won. They are literally shaking in their boots because they fear acknowledging Trump lost they will lose Trump's support and the support his voters. He literally has them twisted around his finger.
     
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  11. modernpaladin

    modernpaladin Well-Known Member Past Donor

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    I have none. Buying more gold tho. And a milling machine ;)
     
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  12. James California

    James California Well-Known Member Past Donor

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    ~ Unless you are approaching the end - then it's sell and spend baby ! Enjoy and go out with a smile. :alcoholic::blownose:
    "Die in debt. "
     
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  13. GrayMan

    GrayMan Well-Known Member

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    Why sell before the next stimulus package?
     
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  14. Professor Peabody

    Professor Peabody Well-Known Member Past Donor

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    I converted a large portion of mine into precious metals.
     
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  15. Professor Peabody

    Professor Peabody Well-Known Member Past Donor

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    Ho heck NO! It's time to bury Biden the way the Democrats tried with Trump.
     
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  16. GrayMan

    GrayMan Well-Known Member

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    Jobs are more useful than tax cuts. For this reason, I don't support taxing corporations or businesses. If they want to tax something, tax the Ceo's board members and managers who are sucking the money out the business with their overlarge salary and stock payouts.
     
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  17. FreshAir

    FreshAir Well-Known Member Past Donor

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    if you give the money to the rich, they do not need to create jobs, as they already have the money

    if you give the money to the working class and the rich have to create jobs to get that money
     
    Last edited: Nov 25, 2020
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  18. FreshAir

    FreshAir Well-Known Member Past Donor

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    your talking about republicans destroying the country to get back at America for not voting Trump a second term?
     
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  19. FreshAir

    FreshAir Well-Known Member Past Donor

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    actually it started after the first black President was elected, Republican in Congress wanted to make him a one-term President, thus the whole party of "No"

    I agree with the rest of your post

    in the last 4 years it has gotten much worse though
     
    Last edited: Nov 25, 2020
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  20. kriman

    kriman Well-Known Member Past Donor

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    Don't know who the working class are. We all work. We all buy.
     
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  21. Quantum Nerd

    Quantum Nerd Well-Known Member

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    LOL! Not this "theory" again. If it were actually true that corporate taxes just increase consumer prices, we should have seen a price reduction after the Trump corporate tax cut. I am still waiting for my price cut.
     
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  22. kriman

    kriman Well-Known Member Past Donor

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    Who do you think pays that corporate tax? Don't just merely say the corporation because it is vastly more complicated than that. Kindly explain where that tax cut went. i.e. who actually ended up with the money.
     
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  23. Quantum Nerd

    Quantum Nerd Well-Known Member

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    This was already discussed at length. Most of the money went to stock buybacks, to inflate company stock prices. Guess who that helped?

    The sad thing is that the CEOs told Trump beforehand what they would do. He just didn't listen.
     
    Last edited: Nov 25, 2020
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  24. kriman

    kriman Well-Known Member Past Donor

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    As far as who that helped, it helped me because I own stock. That does not benefit me directly. It will be used to support my wife after I pass away because there will be a drastic decrease in family income after I am gone.

    Considering the GDP and the amount of that tax cut, just how much of that did you expect to get? Would it have been noticeable? Probably not because your share would be obscured by inflation and other reasons for price changes and that cut was divided many ways including increased employee pay, reduced prices, capital improvements. The revenue to the government went up at the same rate as before the tax cut.
     
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  25. garyd

    garyd Well-Known Member

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    Read her bill...
     
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