one benefit of tax cuts
 

since the tax cuts were signed, over a trillion dollars of money has been repatriated back to the US.

No, not every cent has been used to feed the hungry. Yes, much of it has gone into the hands of people
who were already rich. But it had the effect of benefitting many of us. It was a good thing.

Waiting for CNN and MSNBC to report on this...

https://video.foxnews.com/v/6118576945001#sp=show-clips

Yea, dividends and buybacks are great for instutional investors and the rest of us can pick up the deficit spending. And this is Trump’s signature accomplishment?
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you might have heard that unemployment is down. A trillion dollars showing up, helps that.

even if all that money goes to
institutional investors as dividends ( absurd, but let’s go along), they pay taxes. which means more
money for programs you like, like
late term abortions and free everything.
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buybacks don’t benefit retail investors by the same
exact percentage that they benefit institutional investors?

Das vadanya, komrade.
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Keep repeating the party line just like State TV, comrade

Putin's Puppet has you well trained.

The overhaul of the federal tax law in 2017 was the signature legislative achievement of Floridaman’s presidency.

The biggest change to the tax code in three decades, the law slashed taxes for big companies, part of an effort to coax them to invest more in the United States and to discourage them from stashing profits in overseas tax havens.

Corporate executives, major investors and the wealthiest Americans hailed the tax cuts as a once-in-a-generation boon not only to their own fortunes but also to the United States economy.

But big companies wanted more — and, not long after the bill became law in December 2017, the Floridaman administration began transforming the tax package into a greater windfall for the world’s largest corporations and their shareholders. The tax bills of many big companies have ended up even smaller than what was anticipated when Floridaman signed the bill.

The budget deficit has jumped more than 50 percent since Floridaman took office and is expected to top $1 trillion in 2020, partly as a result of the tax law.

A majority of Americans have long believed that upper-income Americans and corporations pay too little in taxes.
Did Floridaman’s law address this situation?
Americans say no, Americans correctly perceived that Floridaman’s law did little to change this and in fact benefited corporations and the rich.

i’m the one regurgitating party talking points. Not you.

My taxes went down $2500 a year Pete, i’m not a corporation nor am i wealthy.

And how is it that budget deficits went up 50% to where we are now? Are you going only by Obama’s lowest deficit? Because he had
more than one deficit north of a trillion.

The debt is a major, major issue. But I’d bet you didn’t utter a syllable of concern about the debt from 2009-2016, which means your concern is selective, which means it’s fake.

Some facts will paint Trump
in a favorable light Pete, and those facts are just as worth knowing, as the ones that make him look ugly.

I am totally fine praising him
or criticizing him. you ignore everything that makes him look good, and obsess over the bad.

So which one of us is a party hack, and which one thinks for himself?
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Pete, given your deep and sincere concern for
our deficits and debt, which democrat candidate do you support, and what is their plan to reign in the debt? I assume you don’t support anyone who endorses an agenda likely to add meaningfully to the debt? which democrat is that? I’ll give them a look.
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Anybody other than Trump, worry about the rest later.

More and more comes out each day.

Bolton, Pompeo and Defense Secy Esper met with Trump in the Oval Office in August to try to convince him it was in US interests to release military aid to Ukraine. Trump refused.

Extraordinary that this extortion plot — which abused our national security for Trump’s interests — went on for nearly 3 months with little notice until the whistleblower came forward. Makes one think about what else may be happening behind the scenes.

Both Mulvaney and Blair have declined to cooperate with impeachment investigators. Mulvaney told associates he stepped away whenever Trump spoke with Rudy Giuliani and thus had little knowledge about their Ukraine efforts. Congressional testimony from Fiona Hill has disputed that.

Criminal law 101:
-putting your hands over your ears so you don’t hear what you’re pretty sure is crime talk, doesn’t exculpate you;
-no attorney client privilege here for Floridaman & Giuliani. It’s a failed mob tactic;
-Floridaman & Guiliani look very guilty.

Everybody in the WH is trying to get away without an indictment.

The Trumplican Party is on it's way to Armageddon in 2020, will make 1964 look like a small war.

Pete, you couldn’t run away from my question fast enough, could you?

If your plan, as you stated, is to vote for Warren or Sanders if they win the nomination, that necessarily means you don’t give a crap about the debt. So drop it.
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How must the republican members of both the House & the Senate feel collectively as group when they all know that what they are defending is the most corrupt Impeached President of the US. No educated person could think otherwise with amount of factual evidence. Sad.

Apparently you don't care either and you sold out for $2500. Do you think that comes close to your increased share of the debt?

During the 2016 presidential campaign, Floridaman promised he would eliminate the nation’s debt in eight years. Instead, his budgets would add $9.1 trillion during that time. It would increase the U.S. debt to $29 trillion according to Floridaman's budget estimates.

Floridaman’s Two Strategies to Reduce the Debt
Floridaman had two strategies to reduce the U.S. debt. He promised to grow the economy 6% annually to increase tax revenues. But once in office, he lowered his growth estimate to 3.5% to 4% and he has yet to achieve that.


These projections are above the 2%-3% healthy growth rate. When growth is more than that, it creates inflation. Too much money chases too few good business projects. Irrational exuberance grips investors. They create a boom-bust cycle that ends in a recession. Floridaman’s Fiscal Year 2020 budget lowered annual growth rates down to between 2.4% and 2.9% annually.

Floridaman promised to achieve 4% growth with tax cuts. In his first 100 days, he released the outline of what would become the Tax Cuts and Jobs Act. It cut the corporate tax rate from 35% to 21% beginning in 2018. The top individual income tax rate drops to 37%. It doubles the standard deduction and eliminates personal exemptions. The corporate cuts are permanent, while the individual changes expire at the end of 2025.

This question is kryptonite to the directionless.
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You ignore the important and focus on the drivel and smokescreen blown out by the administration to cover their illegal actions.

Pete i do care. i complained about debt under obama, and i complain under
trump. but is rather rack up debt by putting money directly in peoples
pockets, than by wasting money like
obama’s stimulus did. i don’t know anyone who benefitted from that 750 billion dollar waste. But Trump gets an F on debt.

Republicans are deeply hypocritical on the issue, they only complain about debt when a democrat is president.
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of course it is, and it’s terrific to watch them try to squirm their way out of it.

same as the war on women. I dont want to hear about chivalry from anyone who ever supported a Clinton or a Kennedy.
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You claim a great benefit, just think you too could go to the bank and take out a second mortgage.
You would be really rich then.
Your claim re Obama is false anyways, GDP and unemployment numbers bear that out, Floridaman, despite his best efforts hasn’t blown it yet. It will come and a rudderless ship that someone failed to fuel when he had the chance will make for an interesting voyage.
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I have a second mortgage. And
my finances are just fine.

what claim of mine regarding obama, hasn’t been borne out yet? that he added trillions to the debt?
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He keeps responding with yada yada but still can’t find answers. A lot to say,but saying nothing.
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Sitting in the low chair again, I see.
Every penny Floridaman gave you, he borrowed against the future.
But you only worry about voodoo when it's Obama. :deadhorse:
It started with Reagan and hasn't worked yet.
But perhaps another Clinton might have done as well as Bill did at cutting debt.:lossinit:
https://www.youtube.com/watch?v=o8hnM6xNjeU

Yada much?
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Who did you pick in December of 2015, show us your amazing mental ability to foresee what would happen.

Pete, a trillion dollars coming back home, is a good
thing. i’m really sorry to inform you that Trump is doing some good things.
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It certainly drove the market by funding buybacks, but that does little for future growth.
https://fred.stlouisfed.org/series/W790RC1Q027SBEA
And don't worry they have found new ways to hide the profits.
https://www.nytimes.com/2019/12/30/b...gtype=Homepage

Pete, did it help spur investment, which creates jobs?

stock buybacks help the iras and 401ks of middle
class americans - true or false?
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True, if you only look at current cost and ignore the debt incurred to artificially drive growth.
America, unlike Floridaman is in this for the long haul.
And he is clueless about how to run a bureaucracy and so does nothing other than tweet, golf and spew lies.
https://www.youtube.com/watch?v=EwIAxtZCpaI

Pete, Obama and Trump each added trillions to the debt in at attempt to spur growth. (trump increased the take home pay of tens if
millions of Americans as he did so, Obama did not) Is there any evidence that suggests that growth was short lived? We’re still growing...
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Ahh, but Obama did increase wages and don't forget he started way in the hole.
Floridaman is in power at the end of the business cycle and historically wages have always risen then, though it still is minimal compared to the usual business cycle and is far from the best ever as Floridaman claims.
Floridaman was lucky enough to get on Obama's coattails, best coattails ever.

https://www.frbatlanta.org/chcs/wage-growth-tracker

Without fighting trade wars, kicking allies and kissing dictators we could have had wage and GDP growth over 5% like the usual business cycle.
But instead we have the Floridaman MEH and he has you convinced it's great because he says so.
The odds are pretty good it has already turned down.
You'll find out in 6 months.
What's Floridaman going to do then, print money?
See what that does for your savings.

Don’t forget to adjust for inflation Pete.

I’d think if these tax cuts were so great Jim would have entitles the thread 10 great things.
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obama started way in the hole. Very, very true.

My take home pay didnt get a direct boost from anything obama did, not like what i got with the tax cuts. that’s what i’m saying. And i’m right.
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$2,500 a year in my pocket. that’s not meaningless, madam.

and a trillion dollars back in our economy. Let’s ignore that. Because TDS.
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Short term I’d agree Trump has put money in my retirement account, but the cost to future generations is going to be high. I’d have preferred to not sell my sole for an extra $2500 and the damage he is doing to the environment, to foreign policy, to ethics, to morals, to civility, those things that we would expect from our leader is hard to even measure.

Look at what he has done to the GOP, aside from one who has spoken out against Moscow Mitch’s comments, they are all prepared to take an oath to swear to be impartial jurors, while professing up front they will be anything but. Good Christian men like a Trump can swear to god and country to be impartial knowing they will not even bring documents or witnesses and even if they do, all will ignore the facts. It is a desperation to maintain the power in the senate, this is the old white old school guard worrying about the trend in politics and the move away from their party now stands for.

Got Stripers, when obama
put money into your retirement accounts,,did you worry that it was short
lived and future generations would suffer? if
not, why not? very specifically, why not? because trump is a jerk?

i didn’t sell my soul for $2500. i voted for trump before
i knew there’d be a tax cut and would have voted for him anyway.

Is my soul better off behind a candidate who supports abortion until the moment of birth? Nope.


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and i can make a compelling case according to what I believe, that it's the democrats who are putting facts aside for politics.

When Biden claimed
that he had no intention of complying with any senate subpoenas demanding he testify, I didn’t hear anyone
in the left claim
that he was guilty of obstruction and therefore unqualified to be potus. So add that to a
long list of things that liberals say are impeachable when Trump does them, but not worth mentioning when democrats do it.

Got an explanation for that? I’m all
ears.
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He had a good reason for not being on the witness list, because he has no first hand knowledge about the charges against a Trump, this trial isn’t about whether Hunter took a hand out job due to his dad being VP. If you think a Trump was actually looking into corruption, you are drunk on the Fox/GOP coolaid.

He also suggested that if he was served with a legal subpoena he would comply. Personally I’d love to see the Bidens as witnesses, provided Bolton, Mulvaney, budget and Pompeo all testify without pulling the BS executive privilege card. That won’t happen because those testimonies potentially flip enough votes to have him removed.

Biden said: “I am just not going to pretend that there is any legal basis for Republican subpoenas for my testimony in the impeachment trial. That is the point I was making yesterday and I reiterate: this impeachment is about Trump’s conduct, not mine.”
And he said he would comply.
I think he should have just pulled a Floridaman move and claimed that he never said that.

Floridaman has yet to comply with a single subpoena, not one.
Of course he has said:
I'll release my taxes
I'll testify to Mueller
I'd love to testify in the impeachment
I'd love to have my guys testify
Has he done any of those?
No, he has obstructed the investigation as much as possible.
Remember nobody that has witnesses that could provide exculpatory evidence prevents them from testifying.

My ears await your rationalization for that.

Floridaman’s a moral arsonist, and if he determined that the only way to hold on to power was to burn everything to the ground, he’d gladly be king of ashes. To paraphrase Milton: Better to reign over a ruined country than to be just another crass plutocrat in a noble one.
Though I think he will end in prison.

one of the things i keep hearing about Trump, is that he used his office to dig up dirt on a political opponent.

Biden certainly has first hand
knowledge of his role
in Ukraine, and he could testify to things that justify Trumps wanting to know what happened there. But we can’t have people
knowing what actually happened there, not if it hurts a Democrat.
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Pete, one of the accusations of Trumps conduct, is that there was no legitimate reason for him to
inquire into the Bidens actions there. None of us knows exactly what happened. But if the truth revealed that Trump had every reason to find out what took place, that makes his actions more legitimate.

Why is Biden so determined to keep a lid on what he and Hunter did there? And why are liberals like you so opposed to asking what they did there? Hmmm?
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GS, today he’s saying he’d comply. Originally, he said he’d refuse to comply. After he said that, no one on the left accused him of obstruction and said that disqualified him from being potus.

Why?
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How can one obstruct justice ahead of a subpoena, your reaching now buddy, but again full blown witnesses kill Trump not the Bidens, so bring it on Moscow Mitch.

Impeachment isn’t about the Bidens. If there was any there, there, our FBI would have handled it. Because there wasn’t, Floridaman resorted to trying to bribe a vulnerable ally into announcing an investigation, impairing our nat’l security & theirs. That’s why Floridaman was impeached.