Biggest Reform EVER passed thread

[ONW]

Guest on Fox & Friends: "I'm a black preacher, and my family will receive $3,000 as a Christmas gift which will allow me to pay off my bills, expand my business, and keep my two children in college for another semester."

Host: "That's great, and even Vladimir Putin is happy for you!"

Everybody chuckles

Host: "Now, let's move onto the continued corrupt Mueller investigation.."

 

[ONW]

Thank God, they've moved on to chain immigration...

Host: "I mean, it this continues, the entire city of Mogadishu will be here legally next year."

 

[ImTheCaptain]

Guest on Fox & Friends: "I'm a black preacher, and my family will receive $3,000 as a Christmas gift which will allow me to pay off my bills, expand my business, and keep my two children in college for another semester."
"

i wonder what part of his $250/month he's using to expand his business....of being a preacher

 

[DeaconSig]

It all goes to the building fund.

 

[Wakeforest22890]

Nah, definitely the Human Fund.

 

[Louis Gossett Jr]

i wonder what part of his $250/month he's using to expand his business....of being a preacher

Maybe he is in the party of the country where you get a new car and remodel kitchens for 1000 dollars.

 

[ONW]

Trump: The Democrats are doing nothing about the child tax credit which is increasing everyday? The FBI is corrupt and biased, now watch me go give this graduation speech praising them? He's never made a phone call to Russia, but he had a great conversation with Putin yesterday? The Democrats and his biggest enemies have already agreed there's nothing to the Russia investigation? WTF? Now were talking about Hillary Clinton again...sweet fucking Jesus.

 

[WakeForestRanger]

 

[DistrictDeacon]

If I am reading this right, they took out the grad student and student loan bullshit, so that's nice

Art of the Deal - propose something so terrible, that when you back away from it, people focus on that instead of some of the only-slightly-less terrible stuff.

 

[avalon]

Tax bill to be released at 5:30pm on a Friday, when you publicize all of your best news.

Now to see if Rubio's stunt was just for PR or if he was really standing up for poor families..... lol, jk, he's in.

 

[marquee moon]

I hope McCain can hold on

 

[DistrictDeacon]

Rubio folds like a limp wet sock. Shocker.

 

[dartsndeacs]

Congrats everyone.

 

[ChrisL68]

Most interesting article or opinion I've read taking down the tax reform. I don't know enough about the international portion of taxes to have any idea if its accurate or not.

http://www.cnn.com/2017/12/14/opini...l-small-business-zimmerman-opinion/index.html

She doesn't know what she is talking about. This will actually increase the international portion of taxes of companies that set up no tax intangible deferral schemes. And they were never repatriating that money anyway.

 

[dartsndeacs]

She doesn't know what she is talking about. This will actually increase the taxes of companies that set up no tax intangible deferral schemes. And they were never repatriating that money anyway.

So I just need to completely give up on CNN, then. sigh.

 

[WFFaithful]

Companies are sitting on record profits. If they were going to invest in workers, they would have done so already.

 

[ChrisL68]

So I just need to completely give up on CNN, then. sigh.

It's an opinion piece from somebody who doesn't even work for CNN.

 

[dartsndeacs]

It's an opinion piece from somebody who doesn't even work for CNN.

That they're posting on their website. Usually accounting isn't something that involves incorrect opinions.

Companies are sitting on record profits. If they were going to invest in workers, they would have done so already.

Isn't this statistic mostly concentrated in a few of the largest companies like apple and google?

 

[tiltdeac]

Corker is somehow now a yes, despite recently saying “If it looks to me like we’re adding one penny to the deficit, I am not going to be for it.” Probably helps that the pass through deduction changes will save him a truckload.

So it doesn't even matter if Collins flips at this point.

 

[ChrisL68]

Companies are sitting on record profits. If they were going to invest in workers, they would have done so already.

My response to this is.........so what?

That money does no good being restricted to being invested in T-bonds, and nobody to the right of crazy Bernie thinks this should be taxed at 35% because it would kill US competitiveness overseas. US multinationals would start going bye bye.

Say they give the money to their shareholders in dividends? Then the shareholders will pay ~20% of it in taxes to the government(s) and the other 80% will be available to invest in other investments, or to spend in the economy.

If they buyback stock, then it will create a capital gain for the shareholder and will be back in the economy.

Free flow of money is a good thing. That's why Obama was proposing something similar. His rates were higher but the principles were similar on the corporate side.