How about a capital gains tax cut stimulus?

The $1,000 idea is intended to help the people living paycheck-to-paycheck. And there are plenty of them. Plenty of people are out of work right now and still need to pay their mortgage and utility bills. Restaurant workers, casino workers, tourism industries, taxi/Uber drivers, etc.

A 2% capital gains cut isn't going to help the people who really need it right now. Investors are going to be fine, eventually. People living paycheck-to-paycheck are going to be in serious trouble if something isn't done quickly. And it's looking like this is going to last a while. The last thing we need is for people with a lack of options acting desperately in a time like this.

When people lose their job, they go on unemployment. Our state wavered the two week waiting period so people receive their first check much sooner than normal.
Unemployment is not enough for rent, food, and utilities.

I guess that all depends on where you live. During the recession, I knew people that stayed on it for two years. They had the option to work, but unemployment paid pretty well.
 
Yes, that's what I said. Watching these liberals, and even Republicans alike, striving to save our markets, economy and jobs by passing out checks, would that really do much of anything? I don't think so.

Help? Perhaps a little bit. But ask yourself: if the government gave you a tax-free $1,000 one-time check, what would you do with it, and more importantly, how would your actions aid in economic stability or recovery?

I for one would put my check towards my car loan. Some might payoff a credit card. Some, an extra mortgage payment. Others might take advantage of the low stock prices these days. But is that enough?
A lot of people will use it for food and rent and utilities.

People are losing jobs, man.

So that helps them out for how long, one month? That's worth going another trillion in the hole?
I didn't see anyone but myself and a handful of others crying about Trump's trillion dollar deficits up to now. In fact, check my signature for a real laugh.

As for helping them for one month, that's better than nothing. Trump says this is all going to blow over by July...
 
Deleted my previous post by mistake so here it is again:
Americans First - Make China pay for the economic distress caused by their Wuhan Chinese Virus. Use the $1.17 trillion which America owes China to offset the American losses
Hold China responsible
 
The $1,000 idea is intended to help the people living paycheck-to-paycheck. And there are plenty of them. Plenty of people are out of work right now and still need to pay their mortgage and utility bills. Restaurant workers, casino workers, tourism industries, taxi/Uber drivers, etc.

A 2% capital gains cut isn't going to help the people who really need it right now. Investors are going to be fine, eventually. People living paycheck-to-paycheck are going to be in serious trouble if something isn't done quickly. And it's looking like this is going to last a while. The last thing we need is for people with a lack of options acting desperately in a time like this.

When people lose their job, they go on unemployment. Our state wavered the two week waiting period so people receive their first check much sooner than normal.
Unemployment is not enough for rent, food, and utilities.

I guess that all depends on where you live. During the recession, I knew people that stayed on it for two years. They had the option to work, but unemployment paid pretty well.
You clearly do not know anyone on unemployment, and never have. It does not pay well. It's a fraction of what you earn when you work. Literally a fraction.
 
Yes, that's what I said. Watching these liberals, and even Republicans alike, striving to save our markets, economy and jobs by passing out checks, would that really do much of anything? I don't think so.

Help? Perhaps a little bit. But ask yourself: if the government gave you a tax-free $1,000 one-time check, what would you do with it, and more importantly, how would your actions aid in economic stability or recovery?

I for one would put my check towards my car loan. Some might payoff a credit card. Some, an extra mortgage payment. Others might take advantage of the low stock prices these days. But is that enough?

Long term capital gains taxes range from 0% to 20% depending on the amount of your investment. Instead of passing out checks, and putting us yet another trillion more in debt, wouldn't it make more sense for a 120 day 2% capital gains tax???

More complicated in figuring income tax by your tax preparer, or yourself? Perhaps However my belief is that investors are looking for the slightest sign of getting back into the market to take advantage of buy low-sell high. A huge reduction in taxes for 120 days (long enough for this virus hysteria to decrease) might give an extra incentive to invest money back into the market right now.

It's more than just the stock market, because if you sell your home at a profit, you get taxed on the capital gains. Such a move might help in new housing along with the market. The best part? No government Wall Street bailout as well.
why? Do you think we're going to lack enough houses or vacation properties or stocks to buy in the next six months or so? Do you think a cap gains tax will increase production of houses or yachts or something? Do you think anyone who is making money on an investement somehow needs help?
 
Yes, that's what I said. Watching these liberals, and even Republicans alike, striving to save our markets, economy and jobs by passing out checks, would that really do much of anything? I don't think so.

Help? Perhaps a little bit. But ask yourself: if the government gave you a tax-free $1,000 one-time check, what would you do with it, and more importantly, how would your actions aid in economic stability or recovery?

I for one would put my check towards my car loan. Some might payoff a credit card. Some, an extra mortgage payment. Others might take advantage of the low stock prices these days. But is that enough?
A lot of people will use it for food and rent and utilities.

People are losing jobs, man.

So that helps them out for how long, one month? That's worth going another trillion in the hole?
You care about deficits now? Sure you do trumper:
 
Unemployment Compensation

Unemployment benefits are often calculated as a percentage of the average of the claimant's pay over a recent 52-week period.

Literally a fraction.

Anyone who claims unemployment "pays well" is full of shit to their eyeballs.
 
Yes, that's what I said. Watching these liberals, and even Republicans alike, striving to save our markets, economy and jobs by passing out checks, would that really do much of anything? I don't think so.

Help? Perhaps a little bit. But ask yourself: if the government gave you a tax-free $1,000 one-time check, what would you do with it, and more importantly, how would your actions aid in economic stability or recovery?

I for one would put my check towards my car loan. Some might payoff a credit card. Some, an extra mortgage payment. Others might take advantage of the low stock prices these days. But is that enough?
A lot of people will use it for food and rent and utilities.

People are losing jobs, man.

So that helps them out for how long, one month? That's worth going another trillion in the hole?
You care about deficits now? Sure you do trumper:

I've always cared about deficits and debt. What gave you the idea that I didn't?
 
Yes, that's what I said. Watching these liberals, and even Republicans alike, striving to save our markets, economy and jobs by passing out checks, would that really do much of anything? I don't think so.

Help? Perhaps a little bit. But ask yourself: if the government gave you a tax-free $1,000 one-time check, what would you do with it, and more importantly, how would your actions aid in economic stability or recovery?

I for one would put my check towards my car loan. Some might payoff a credit card. Some, an extra mortgage payment. Others might take advantage of the low stock prices these days. But is that enough?
A lot of people will use it for food and rent and utilities.

People are losing jobs, man.

So that helps them out for how long, one month? That's worth going another trillion in the hole?
You care about deficits now? Sure you do trumper:

I've always cared about deficits and debt. What gave you the idea that I didn't?
No trumper fan cares about debt. He ran up trillion dollar deficits in good times. You care about the rich, that is all. Hence the idiotic OP...
 
Yes, that's what I said. Watching these liberals, and even Republicans alike, striving to save our markets, economy and jobs by passing out checks, would that really do much of anything? I don't think so.

Help? Perhaps a little bit. But ask yourself: if the government gave you a tax-free $1,000 one-time check, what would you do with it, and more importantly, how would your actions aid in economic stability or recovery?

I for one would put my check towards my car loan. Some might payoff a credit card. Some, an extra mortgage payment. Others might take advantage of the low stock prices these days. But is that enough?
A lot of people will use it for food and rent and utilities.

People are losing jobs, man.

So that helps them out for how long, one month? That's worth going another trillion in the hole?
You care about deficits now? Sure you do trumper:

I've always cared about deficits and debt. What gave you the idea that I didn't?
No trumper fan cares about debt. He ran up trillion dollar deficits in good times. You care about the rich, that is all. Hence the idiotic OP...

You mean the same rich that invest in the market which is responsible for the growth of my IRA? You bet I care about them.
 
A lot of people will use it for food and rent and utilities.

People are losing jobs, man.

So that helps them out for how long, one month? That's worth going another trillion in the hole?
You care about deficits now? Sure you do trumper:

I've always cared about deficits and debt. What gave you the idea that I didn't?
No trumper fan cares about debt. He ran up trillion dollar deficits in good times. You care about the rich, that is all. Hence the idiotic OP...

You mean the same rich that invest in the market which is responsible for the growth of my IRA? You bet I care about them.
You sure do. Is that why we have moved to an investment driven retirement? More rich worship? More power for the wealthy?
 
The $1,000 idea is intended to help the people living paycheck-to-paycheck. And there are plenty of them. Plenty of people are out of work right now and still need to pay their mortgage and utility bills. Restaurant workers, casino workers, tourism industries, taxi/Uber drivers, etc.

A 2% capital gains cut isn't going to help the people who really need it right now. Investors are going to be fine, eventually. People living paycheck-to-paycheck are going to be in serious trouble if something isn't done quickly. And it's looking like this is going to last a while. The last thing we need is for people with a lack of options acting desperately in a time like this.

When people lose their job, they go on unemployment. Our state wavered the two week waiting period so people receive their first check much sooner than normal.

Unemployment doesn't cover all their losses.

These are the people who are most vulnerable at this time. Investors will be fine. Your priorities are completely mixed up.
 
A lot of people will use it for food and rent and utilities.

People are losing jobs, man.

So that helps them out for how long, one month? That's worth going another trillion in the hole?
You care about deficits now? Sure you do trumper:

I've always cared about deficits and debt. What gave you the idea that I didn't?
No trumper fan cares about debt. He ran up trillion dollar deficits in good times. You care about the rich, that is all. Hence the idiotic OP...

You mean the same rich that invest in the market which is responsible for the growth of my IRA? You bet I care about them.

You're concerned about yourself.

I'm concerned about people who are in trouble the longer this goes on.
 
So that helps them out for how long, one month? That's worth going another trillion in the hole?
You care about deficits now? Sure you do trumper:

I've always cared about deficits and debt. What gave you the idea that I didn't?
No trumper fan cares about debt. He ran up trillion dollar deficits in good times. You care about the rich, that is all. Hence the idiotic OP...

You mean the same rich that invest in the market which is responsible for the growth of my IRA? You bet I care about them.
You sure do. Is that why we have moved to an investment driven retirement? More rich worship? More power for the wealthy?

How does our market investments give them more power? We help them and they help us. That's the way a market is supposed to work. My point is that I don't only care for the rich, I care about what's best for all of the country, including the rich.
 
You care about deficits now? Sure you do trumper:

I've always cared about deficits and debt. What gave you the idea that I didn't?
No trumper fan cares about debt. He ran up trillion dollar deficits in good times. You care about the rich, that is all. Hence the idiotic OP...

You mean the same rich that invest in the market which is responsible for the growth of my IRA? You bet I care about them.
You sure do. Is that why we have moved to an investment driven retirement? More rich worship? More power for the wealthy?

How does our market investments give them more power? We help them and they help us. That's the way a market is supposed to work. My point is that I don't only care for the rich, I care about what's best for all of the country, including the rich.

Investors aren't going to invest in the middle of a pandemic or even a recession. Might as well flush their money down the toilet.
 
The $1,000 idea is intended to help the people living paycheck-to-paycheck. And there are plenty of them. Plenty of people are out of work right now and still need to pay their mortgage and utility bills. Restaurant workers, casino workers, tourism industries, taxi/Uber drivers, etc.

A 2% capital gains cut isn't going to help the people who really need it right now. Investors are going to be fine, eventually. People living paycheck-to-paycheck are going to be in serious trouble if something isn't done quickly. And it's looking like this is going to last a while. The last thing we need is for people with a lack of options acting desperately in a time like this.

When people lose their job, they go on unemployment. Our state wavered the two week waiting period so people receive their first check much sooner than normal.

Unemployment doesn't cover all their losses.

These are the people who are most vulnerable at this time. Investors will be fine. Your priorities are completely mixed up.

Unemployment never covered the losses of most workers, but you can get by on it. Millions of people do every year. What happens when people lose their job for other reasons besides a virus going around? They make do or find other work.
 
The $1,000 idea is intended to help the people living paycheck-to-paycheck. And there are plenty of them. Plenty of people are out of work right now and still need to pay their mortgage and utility bills. Restaurant workers, casino workers, tourism industries, taxi/Uber drivers, etc.

A 2% capital gains cut isn't going to help the people who really need it right now. Investors are going to be fine, eventually. People living paycheck-to-paycheck are going to be in serious trouble if something isn't done quickly. And it's looking like this is going to last a while. The last thing we need is for people with a lack of options acting desperately in a time like this.

When people lose their job, they go on unemployment. Our state wavered the two week waiting period so people receive their first check much sooner than normal.

Unemployment doesn't cover all their losses.

These are the people who are most vulnerable at this time. Investors will be fine. Your priorities are completely mixed up.

Unemployment never covered the losses of most workers, but you can get by on it. Millions of people do every year. What happens when people lose their job for other reasons besides a virus going around? They make do or find other work.

The most you can receive in unemployment in a week in Arizona is $240. Doesn't even cover rent.
 
Yes, that's what I said. Watching these liberals, and even Republicans alike, striving to save our markets, economy and jobs by passing out checks, would that really do much of anything? I don't think so.

Help? Perhaps a little bit. But ask yourself: if the government gave you a tax-free $1,000 one-time check, what would you do with it, and more importantly, how would your actions aid in economic stability or recovery?

I for one would put my check towards my car loan. Some might payoff a credit card. Some, an extra mortgage payment. Others might take advantage of the low stock prices these days. But is that enough?

Long term capital gains taxes range from 0% to 20% depending on the amount of your investment. Instead of passing out checks, and putting us yet another trillion more in debt, wouldn't it make more sense for a 120 day 2% capital gains tax???

More complicated in figuring income tax by your tax preparer, or yourself? Perhaps However my belief is that investors are looking for the slightest sign of getting back into the market to take advantage of buy low-sell high. A huge reduction in taxes for 120 days (long enough for this virus hysteria to decrease) might give an extra incentive to invest money back into the market right now.

It's more than just the stock market, because if you sell your home at a profit, you get taxed on the capital gains. Such a move might help in new housing along with the market. The best part? No government Wall Street bailout as well.
The perfect corporate tax rate is 0.00%.

Corporate taxes are a tarrif on American manufacturing and other companies.

Corporate taxes increase the trade deficit and run American companies overseas.
 
I've always cared about deficits and debt. What gave you the idea that I didn't?
No trumper fan cares about debt. He ran up trillion dollar deficits in good times. You care about the rich, that is all. Hence the idiotic OP...

You mean the same rich that invest in the market which is responsible for the growth of my IRA? You bet I care about them.
You sure do. Is that why we have moved to an investment driven retirement? More rich worship? More power for the wealthy?

How does our market investments give them more power? We help them and they help us. That's the way a market is supposed to work. My point is that I don't only care for the rich, I care about what's best for all of the country, including the rich.

Investors aren't going to invest in the middle of a pandemic or even a recession. Might as well flush their money down the toilet.

If I get some extra money while the market is down, it's going right to my IRA account. If it goes down even more, I really lost nothing because I'm not planning on using that account for a couple of years if not longer. Whatever I lose, I'll gain back in the next couple of months most likely. Example:

I send money to our investment company. They buy me a hundred shares at $10.00 each. By next week, that drops to $7.00 a share. In two months, it goes up to $15.00 a share. You see, I really lost nothing. I actually gained a lot because pre-virus market, those shares would have cost me $22.00 each to buy. That's why you really don't lose anything, and most people in the market understand how this all works.
 
Yes, that's what I said. Watching these liberals, and even Republicans alike, striving to save our markets, economy and jobs by passing out checks, would that really do much of anything? I don't think so.

Help? Perhaps a little bit. But ask yourself: if the government gave you a tax-free $1,000 one-time check, what would you do with it, and more importantly, how would your actions aid in economic stability or recovery?

I for one would put my check towards my car loan. Some might payoff a credit card. Some, an extra mortgage payment. Others might take advantage of the low stock prices these days. But is that enough?

Long term capital gains taxes range from 0% to 20% depending on the amount of your investment. Instead of passing out checks, and putting us yet another trillion more in debt, wouldn't it make more sense for a 120 day 2% capital gains tax???

More complicated in figuring income tax by your tax preparer, or yourself? Perhaps However my belief is that investors are looking for the slightest sign of getting back into the market to take advantage of buy low-sell high. A huge reduction in taxes for 120 days (long enough for this virus hysteria to decrease) might give an extra incentive to invest money back into the market right now.

It's more than just the stock market, because if you sell your home at a profit, you get taxed on the capital gains. Such a move might help in new housing along with the market. The best part? No government Wall Street bailout as well.
The perfect corporate tax rate is 0.00%.

Corporate taxes are a tarrif on American manufacturing and other companies.

Corporate taxes increase the trade deficit and run American companies overseas.

Or more often, they get passed on to us consumers, and we end up paying those corporate taxes.
 

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