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Forum: Political Threads

12-02-2017, 10:26 AM

Replies: 133

GOP TAX PLAN

Views: 36,425

Posted By spence

Depends on how do you define it. Yes, the vast...

Depends on how do you define it. Yes, the vast majority of businesses in the US are small, for the most part they are non-employee, not incorporated and don't pay corporate taxes.

I'm not sure...

Forum: Political Threads

12-02-2017, 10:22 AM

Replies: 133

GOP TAX PLAN

Views: 36,425

Posted By spence

Your wit is dizzying. In simple terms,...

Your wit is dizzying.

In simple terms, if you were to make a 10m capital investment that hoped to net 1.5m in profit, the proposed difference in marginal corporate taxes would be 2.25% of the...

Forum: Political Threads

12-02-2017, 09:09 AM

Replies: 133

GOP TAX PLAN

Views: 36,425

Posted By spence

Yeah, those agricultural professors are known to...

Yeah, those agricultural professors are known to be big snowflakes after all.
Posted from my iPhone/Mobile device

Forum: Political Threads

12-02-2017, 09:06 AM

Replies: 133

GOP TAX PLAN

Views: 36,425

Posted By spence

The front half of your statement doesn't make any...

The front half of your statement doesn't make any sense.

The back half makes some sense but it's more complicated than you state. In capital budgeting the tax rate is just one variable in the...

Forum: Political Threads

12-02-2017, 08:42 AM

Replies: 133

GOP TAX PLAN

Views: 36,425

Posted By spence

Actually a professor from Iowa State studied this...

Actually a professor from Iowa State studied this issue and couldn't find a single instance of a family losing their farm because of the estate tax in the past 40 years. It's just an urban myth....

Forum: Political Threads

12-01-2017, 12:49 PM

Replies: 133

GOP TAX PLAN

Views: 36,425

Posted By spence

https://www.bloomberg.com/news/articles/2017-11-29...

https://www.bloomberg.com/news/articles/2017-11-29/trump-s-tax-promises-undercut-by-ceo-plans-to-reward-investors

So there appears to be few economists who think this tax plan will grow the...

Forum: Political Threads

11-25-2017, 11:35 AM

Replies: 133

GOP TAX PLAN

Views: 36,425

Posted By spence

That's not what she said at all. Also, you're...

That's not what she said at all. Also, you're Native mockery is pretty pale.

Forum: Political Threads

11-25-2017, 11:33 AM

Replies: 133

GOP TAX PLAN

Views: 36,425

Posted By spence

Did you read my post? It's all there.

Did you read my post? It's all there.

Forum: Political Threads

11-25-2017, 10:15 AM

Replies: 133

GOP TAX PLAN

Views: 36,425

Posted By spence

I think you're making it complex and confusing,...

I think you're making it complex and confusing, just like this new GOP tax plan. Now you can set up 529s for the unborn? This is the simplification that was touted?

A lot of private sector growth...

Forum: Political Threads

11-25-2017, 08:44 AM

Replies: 133

GOP TAX PLAN

Views: 36,425

Posted By spence

Are you ok? Posted from my iPhone/Mobile device

Are you ok?
Posted from my iPhone/Mobile device

Forum: Political Threads

11-24-2017, 02:20 PM

Replies: 133

GOP TAX PLAN

Views: 36,425

Posted By spence

I work primarily with Fortune 500 manufacturing...

I work primarily with Fortune 500 manufacturing executives to help them understand how capital investments in technology can best drive innovation and operational excellence.

Front row seat.

Forum: Political Threads

11-24-2017, 02:14 PM

Replies: 133

GOP TAX PLAN

Views: 36,425

Posted By spence

But that's the rub. Big corporations in general...

But that's the rub. Big corporations in general have excess cash they're unwilling to invest because they don't see a return. For many sectors capital investment goes to automation which further...

Forum: Political Threads

11-24-2017, 11:11 AM

Replies: 133

GOP TAX PLAN

Views: 36,425

Posted By spence

Maybe it made the bubble worse because many saw...

Maybe it made the bubble worse because many saw the opportunity for greater profit? Who the hell knows, but what's certain is that the tax cuts didn't cause the growth, new technologies born from...

Forum: Political Threads

11-24-2017, 10:42 AM

Replies: 133

GOP TAX PLAN

Views: 36,425

Posted By spence

Shhhhhhh, Jim...come here. Quietly please. Here,...

Shhhhhhh, Jim...come here. Quietly please. Here, crouch down. I'm going to let you in on a little secret. Do not tell anyone. Here's the deal. The Clinton tax cuts and growth that followed...was...

Forum: Political Threads

11-24-2017, 07:47 AM

Replies: 133

GOP TAX PLAN

Views: 36,425

Posted By spence

There is no explicit correlation between cutting...

There is no explicit correlation between cutting taxes and growth. It is a myth.
Posted from my iPhone/Mobile device

Forum: Political Threads

11-23-2017, 12:27 PM

Replies: 133

GOP TAX PLAN

Views: 36,425

Posted By spence

I have yet to see a single credible analysis that...

I have yet to see a single credible analysis that shows long-term growth. Everything is based on faith.

Yes, let's borrow even more money to fund the elite. Feed the sparrows by feeding the...

Forum: Political Threads

11-23-2017, 12:13 PM

Replies: 133

GOP TAX PLAN

Views: 36,425

Posted By spence

Clearly they only asked liberal economists.

Clearly they only asked liberal economists.

Forum: Political Threads

11-22-2017, 11:43 AM

Replies: 133

GOP TAX PLAN

Views: 36,425

Posted By spence

Have I ever been wrong? Have I ever used the...

Have I ever been wrong?

Have I ever used the word "rant?"

Forum: Political Threads

11-22-2017, 11:42 AM

Replies: 133

GOP TAX PLAN

Views: 36,425

Posted By spence

Sound logic. It's like, we're already screwed so...

Sound logic. It's like, we're already screwed so let's just make the problem worse.

Corporations today on average are not over taxed. How about you apply revenue to things that will make the...

Forum: Political Threads

11-22-2017, 08:29 AM

Replies: 133

GOP TAX PLAN

Views: 36,425

Posted By spence

No, these bills as written now will do real...

No, these bills as written now will do real structural harm...it's going to be a decade at least before we could even begin to repair. Get ready for 2 trillion dollar deficits as the new normal.
...

Forum: Political Threads

11-20-2017, 06:54 PM

Replies: 133

GOP TAX PLAN

Views: 36,425

Posted By spence

No, the 2017 law is already set. The tax...

No, the 2017 law is already set.

The tax benefit to the Middle Class is minimal. The real recipients are the super wealthy and corporations who will, if history is any guide, use the savings to...

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