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Thread: Biggest Reform EVER passed thread

  1. #2561
    Quote Originally Posted by avalon View Post
    Still waiting on an investigation into how all those companies happened to give out very similar bonuses before the tax bill went into effect (and then never again.)





    What a scam.
    It's what Republicans do.

  2. #2562
    Scooter Banks
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    Now we're talkin' 'bout 'nother round of tax and rate cuts and QE.


    I love mankind...itís people I canít stand!!

  3. #2563
    Scooter Banks
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    Budget Deficit on Path to Surpass $1 Trillion Under Trump


    But itís worth it since weíre investing in better healthcare and infrastructure.


    I love mankind...itís people I canít stand!!

  4. #2564
    PM a mod to cement your internet status forever RJKarl's Avatar
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    2018 jobs number just revised down by 501,000.

    Largest downward revision since the recession.

    I guess the tax bill is really working to create jobs.

  5. #2565
    Quote Originally Posted by ConnorEl View Post
    Budget Deficit on Path to Surpass $1 Trillion Under Trump


    But itís worth it since weíre investing in better healthcare and infrastructure.


    But Republicans are real believers in balanced budgets, though. Or so they say whenever a Democrat is POTUS.

  6. #2566
    Iím in NC9 (remember that district where the GOP so brazenly stole the election that weíre now having a re-election) and the new GOP candidate is sending me mailers about how he will FIGHT for a balanced budget!

    And thatís not even the most egregious thing on the mailer. Heís also going to FIGHT for more affordable healthcare which is just a straight up lie.

    This is Dan Bishop by the way, who deserves to have HB2 carved into his forehead like the end of inglorious basterds. A bigoted worthless empty suit to rubber stamp the Trump agenda.

  7. #2567
    OTOH his mailer also says heíll FIGHT for lower taxes which I believe 100% however that is in direct conflict with point #1 balanced budget.

  8. #2568
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    Quote Originally Posted by 06deacon View Post
    OTOH his mailer also says heíll FIGHT for lower taxes which I believe 100% however that is in direct conflict with point #1 balanced budget.
    Not to Republicans. They believe money magically appears when you cut taxes.

  9. #2569
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    Quote Originally Posted by PhDeac View Post
    Not to Republicans. They believe money magically appears when you cut taxes.
    It does. In your bank account.

  10. #2570
    Quote Originally Posted by BiffTannen View Post
    It does. In your bank account.
    Maybe if you're in the top 1%. Trump's tax cuts are getting eaten up by his trade war.

  11. #2571
    How a Trump Tax Break to Help Poor Communities Became a Bonanza for the Rich

    Former Gov. Chris Christie of New Jersey; Richard LeFrak, a New York real estate titan who is close to the president; Anthony Scaramucci, a former White House aide who recently had a falling out with Mr. Trump; and the family of Jared Kushner, Mr. Trumpís son-in-law and senior adviser, all are looking to profit from what is shaping up to be a once-in-a-generation bonanza for elite investors.

    The stated goal of the tax benefit ó tucked into the Republicansí 2017 tax-cut legislation ó was to coax investors to pump cash into poor neighborhoods, known as opportunity zones, leading to new housing, businesses and jobs.

    The initiative allows people to sell stocks or other investments and delay capital gains taxes for years ó as long as they plow the proceeds into projects in federally certified opportunity zones. Any profits from those projects can avoid federal taxes altogether.

    ďOpportunity zones, hottest thing going, providing massive new incentives for investment and job creation in distressed communities,Ē Mr. Trump declared at a recent rally in Cincinnati.

    Instead, billions of untaxed investment profits are beginning to pour into high-end apartment buildings and hotels, storage facilities that employ only a handful of workers, and student housing in bustling college towns, among other projects.
    Who could've seen that coming.

    Oh hello:

    Paul DeMoret, for example, recently sold his auto-industry software company in Oregon. He said he was using some of those capital gains to help finance a Courtyard by Marriott in Winston-Salem, N.C., and an apartment building in Tempe, Ariz., among other projects in opportunity zones. He is making the investments through a private equity firm, Virtua Partners.

  12. #2572
    Scooter Banks
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    I love mankind...itís people I canít stand!!

  13. #2573
    Wasn't sure where else to put this.

    The Treasury is looking at regulations intended to prevent American firms from lowering their U.S. tax bills by shifting income to their offshore branches that they can loan to their domestic branches and deduct the interest off their Internal Revenue Service bills. The department is also contemplating repealing them entirely to replace them with something more business-friendly.

    https://www.bloomberg.com/news/artic...ate-inversions

  14. #2574

  15. #2575
    Quote Originally Posted by avalon View Post
    And the "party of fiscal responsibility and balanced budgets" won't care. GOP plutocrats will simply use the growing deficit as an excuse to trim the social safety net even more, while continuing to gin up the culture wars to keep the rubes happy. They won't start "caring" about the budget deficit again until a Democrat gets elected POTUS. Then it will be a serious national crisis, and proof that Democrats are "tax-and-spend" socialists who are going to drive us into bankruptcy.

  16. #2576
    So isn't the government supposed to run like a household?

  17. #2577

  18. #2578
    Never Murdered My FIL
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    Quote Originally Posted by Colonel Angus View Post
    Looks like itís being reported by The NY Times reporter you just quoted, so whatís your point?

  19. #2579
    canít be newsworthy if itís being reported by the ny times

  20. #2580
    I guess itís officially fake news now.

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