Only 13% of business' tax cuts are going to workers, survey says

[JBond]

My 401k is doing great. Pretty happy.

Your kids are not going to live off of your 401K, nope, they'll paying up for those tax-cuts.

DOW has been flat for half a year now and just wait till the trade wars kick into high gear. .

Trade wars? You still don't get it.

 

[Sun Devil 92]

"The financial outlook for Medicare’s Hospital Insurance Trust Fund deteriorated in the last year, and Social Security still faces serious long-term financial problems, the Trump administration said on Tuesday.

The projections are the first from the administration since President Trump signed a $1.5 trillion tax cut into law in December. They show no sign that a burst of economic growth will significantly improve the finances of the government’s largest entitlement programs.

The Medicare trust fund will be depleted in 2026, the administration said. By contrast, the government said last year that the trust fund would be exhausted in 2029."

This is driving up the 10 year bond prices.

So the big socialist health care system is in trouble.

Count me shocked.

 

[AntonToo]

My 401k is doing great. Pretty happy.

Your kids are not going to live off of your 401K, nope, they'll paying up for those tax-cuts.

DOW has been flat for half a year now and just wait till the trade wars kick into high gear. .

Trade wars? You still don't get it.

Yes under-rock-dweller, trade wars.

Trump doubles down: 'Trade wars are good, and easy to win'

Trump and Trudeau tariffs causing casualties on both sides of border - constructconnect.com - Daily Commercial News

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Mexico Hits U.S. Steel And Farm Products With Tariffs, Retaliating For Trump Move

World Bank warns Trump tariffs could trigger drop in trade similar to 2008 financial crisis

President Trump's recent tariffs against major U.S. allies could cost the country 400,000 jobs, economists estimate

 

[Sun Devil 92]

Have not seen much discussion on the 13% claim.

I believe it.

What's funny is that both sides don't see how they contribute to this problem.

 

[JBond]

Only 13% of business' tax cuts are going to workers, survey says

Tax cut scoreboard: Workers $6 billion; Shareholders $171 billion

Wow, this is one of the most expensive tax cuts in history. And at a time when corporations are doing really, really well. Why not share with the workers?

ARC: Athens County back to 'distressed' status

This is Appalachia, the center of the Republican Party. The area that has the 10 poorest counties in the United States. Those counties being more than 98% white.

Why not pass some of those tax cuts along as wage increases for whites living in the Appalachia area?

They aren't interested in DOING anything for these people because they know these people are in perpetual ignorance and will vote against their own best interests without question.

And a recent poll finds only 19% say the tax cuts benefited them. People do know by now that it was a scam and that awareness will only grow as time goes on.

A scam....kinda like "shovel ready" projects.

My 401k is doing great. Pretty happy.

Your kids are not going to live off of your 401K, nope, they'll paying up for those tax-cuts.

DOW has been flat for half a year now and just wait till the trade wars kick into high gear. .

Trade wars? You still don't get it.

Yes dumbass, trade wars.

Trump doubles down: 'Trade wars are good, and easy to win'

How many jobs did Clinton send to China? Mexico? Shut the hell up. Stop pretending you care about the people paying all the bills.

 

[AntonToo]

Only 13% of business' tax cuts are going to workers, survey says

Tax cut scoreboard: Workers $6 billion; Shareholders $171 billion

Wow, this is one of the most expensive tax cuts in history. And at a time when corporations are doing really, really well. Why not share with the workers?

ARC: Athens County back to 'distressed' status

This is Appalachia, the center of the Republican Party. The area that has the 10 poorest counties in the United States. Those counties being more than 98% white.

Why not pass some of those tax cuts along as wage increases for whites living in the Appalachia area?

They aren't interested in DOING anything for these people because they know these people are in perpetual ignorance and will vote against their own best interests without question.

And a recent poll finds only 19% say the tax cuts benefited them. People do know by now that it was a scam and that awareness will only grow as time goes on.

A scam....kinda like "shovel ready" projects.

My 401k is doing great. Pretty happy.

Your kids are not going to live off of your 401K, nope, they'll paying up for those tax-cuts.

DOW has been flat for half a year now and just wait till the trade wars kick into high gear. .

Trade wars? You still don't get it.

Yes dumbass, trade wars.

Trump doubles down: 'Trade wars are good, and easy to win'

How many jobs did Clinton send to China? Mexico? Shut the hell up. Stop pretending you care about the people paying all the bills.

What the fuck does Clinton have to do with Trump's trade wars ramping up currently, in the middle of full employment? NOTHING.

"Clinton" is just something you rw idiots start to squeal when you got no actual retort.

 

[JBond]

Only 13% of business' tax cuts are going to workers, survey says

Tax cut scoreboard: Workers $6 billion; Shareholders $171 billion

Wow, this is one of the most expensive tax cuts in history. And at a time when corporations are doing really, really well. Why not share with the workers?

ARC: Athens County back to 'distressed' status

This is Appalachia, the center of the Republican Party. The area that has the 10 poorest counties in the United States. Those counties being more than 98% white.

Why not pass some of those tax cuts along as wage increases for whites living in the Appalachia area?

They aren't interested in DOING anything for these people because they know these people are in perpetual ignorance and will vote against their own best interests without question.

And a recent poll finds only 19% say the tax cuts benefited them. People do know by now that it was a scam and that awareness will only grow as time goes on.

A scam....kinda like "shovel ready" projects.

My 401k is doing great. Pretty happy.

Your kids are not going to live off of your 401K, nope, they'll paying up for those tax-cuts.

DOW has been flat for half a year now and just wait till the trade wars kick into high gear. .

Trade wars? You still don't get it.

Yes dumbass, trade wars.

Trump doubles down: 'Trade wars are good, and easy to win'

How many jobs did Clinton send to China? Mexico? Shut the hell up. Stop pretending you care about the people paying all the bills.

What the fuck does Clinton have to do with Trump's trade wars ramping up currently, in the middle of full employment? NOTHING.

"Clinton" is just something you rw idiots start to squeal when you got no actual retort.

Because I am not a child. I understand past decisions have consequences future generations must answer for. Kiss my ass kid.

 

[AntonToo]

They aren't interested in DOING anything for these people because they know these people are in perpetual ignorance and will vote against their own best interests without question.

And a recent poll finds only 19% say the tax cuts benefited them. People do know by now that it was a scam and that awareness will only grow as time goes on.

A scam....kinda like "shovel ready" projects.

Your kids are not going to live off of your 401K, nope, they'll paying up for those tax-cuts.

DOW has been flat for half a year now and just wait till the trade wars kick into high gear. .

Trade wars? You still don't get it.

Yes dumbass, trade wars.

Trump doubles down: 'Trade wars are good, and easy to win'

How many jobs did Clinton send to China? Mexico? Shut the hell up. Stop pretending you care about the people paying all the bills.

What the fuck does Clinton have to do with Trump's trade wars ramping up currently, in the middle of full employment? NOTHING.

"Clinton" is just something you rw idiots start to squeal when you got no actual retort.

Because I am not a child. I understand past decisions have consequences future generations must answer for. Kiss my ass kid.

Yes you are a child, since you obviously can't deal with simple discussion head on and are pretty much down to empty name calling.

Markets are down on Trumps trade war mongering. "but Clinton!" cannot refute that.

 

[Sun Devil 92]

They aren't interested in DOING anything for these people because they know these people are in perpetual ignorance and will vote against their own best interests without question.

And a recent poll finds only 19% say the tax cuts benefited them. People do know by now that it was a scam and that awareness will only grow as time goes on.

A scam....kinda like "shovel ready" projects.

Your kids are not going to live off of your 401K, nope, they'll paying up for those tax-cuts.

DOW has been flat for half a year now and just wait till the trade wars kick into high gear. .

Trade wars? You still don't get it.

Yes dumbass, trade wars.

Trump doubles down: 'Trade wars are good, and easy to win'

How many jobs did Clinton send to China? Mexico? Shut the hell up. Stop pretending you care about the people paying all the bills.

What the fuck does Clinton have to do with Trump's trade wars ramping up currently, in the middle of full employment? NOTHING.

"Clinton" is just something you rw idiots start to squeal when you got no actual retort.

Because I am not a child. I understand past decisions have consequences future generations must answer for. Kiss my ass kid.

Dude, you are in a battle of wits with an unarmed adversary.

Slow it down

 

[KissMy]

"The financial outlook for Medicare’s Hospital Insurance Trust Fund deteriorated in the last year, and Social Security still faces serious long-term financial problems, the Trump administration said on Tuesday.

The projections are the first from the administration since President Trump signed a $1.5 trillion tax cut into law in December. They show no sign that a burst of economic growth will significantly improve the finances of the government’s largest entitlement programs.

The Medicare trust fund will be depleted in 2026, the administration said. By contrast, the government said last year that the trust fund would be exhausted in 2029."

This is driving up the 10 year bond prices.

So the big socialist health care system is in trouble.

Count me shocked.

Why are you shocked that Republicans have been undermining SS & health care every chance they get, They lie about cost so they can blow the money elsewhere, & then point fingers saying see I told you it would fail.

 

[deanrd]

This is Appalachia, the center of the Republican Party.

Deanie boy makes up the most mentally deranged crap. ...

Could you get any more Republican than Kentucky, Mississippi, Tennessee, Georgia, Alabama, and the Carolinas? Fuking duh!

 

[deanrd]

Only 13% of business' tax cuts are going to workers, survey says

Tax cut scoreboard: Workers $6 billion; Shareholders $171 billion

Wow, this is one of the most expensive tax cuts in history. And at a time when corporations are doing really, really well. Why not share with the workers?

ARC: Athens County back to 'distressed' status

This is Appalachia, the center of the Republican Party. The area that has the 10 poorest counties in the United States. Those counties being more than 98% white.

Why not pass some of those tax cuts along as wage increases for whites living in the Appalachia area?

They aren't interested in DOING anything for these people because they know these people are in perpetual ignorance and will vote against their own best interests without question.

And a recent poll finds only 19% say the tax cuts benefited them. People do know by now that it was a scam and that awareness will only grow as time goes on.

A scam....kinda like "shovel ready" projects.

My 401k is doing great. Pretty happy.

Your kids are not going to live off of your 401K, nope, they'll paying up for those tax-cuts.

DOW has been flat for half a year now and just wait till the trade wars kick into high gear. .

Trade wars? You still don't get it.

Yes dumbass, trade wars.

Trump doubles down: 'Trade wars are good, and easy to win'

How many jobs did Clinton send to China? Mexico? Shut the hell up. Stop pretending you care about the people paying all the bills.

Not as many as you think. Over 80% of lost manufacturing jobs under Clinton were actually automated. While many did move to China, the vast majority just went away.

 

[basquebromance]

HIP HIP HOORAY! Unemployment is at record lows.

thank you President Trump for making america great again!

 

[Sunni Man]

Could you get any more Republican than Kentucky, Mississippi, Tennessee, Georgia, Alabama, and the Carolinas? Fuking duh!

Do tell ...

 

[AntonToo]

HIP HIP HOORAY! Unemployment is at record lows.

thank you President Trump for making america great again!

Yea it’s amazing the way he transformed America by presiding over unemployment drop from 4.5 to 3.8. Genius.

Not like some socialist scrub before him that presided over the “disaster” economy where unemployment went from 10% to 4.5%.

 

[Brain357]

HIP HIP HOORAY! Unemployment is at record lows.

thank you President Trump for making america great again!

Labor force participation is really low, people are dropping out. Trump will tell you the real unemployment rate is over 20%.

 

[KissMy]

Republicans are Fiscally Irresponsible Liars that Cause Government Failures to back their Claims Government Always Fails. It's seems to only fail because or Republicans. Every ob Killing Depression was caused by Republicans. Every Republican President Caused Job Killing Recessions for Every term they served. Democrats never caused a depression & rarely a recession.

The Bush administration may have broken the law on Medicare.

Federal documents show that the Bush administration estimated the new Medicare prescription-drug benefit could cost almost $600 billion, more than half again as much as it publicly predicted at the time. Even worse, the nonpartisan Congressional Research Service has concluded that administration efforts to conceal this and other unflattering cost forecasts of the proposal while it was debated “appear to violate a specific and express prohibition of federal law.”

Medicare’s chief actuary, Richard S. Foster, recalls sharing figures on the drug plan with his former boss, Thomas Scully, Medicare’s then-administrator. Foster’s numbers far exceeded the $395 billion, ten-year cost at which the Congressional Budget Office appraised the drug bill. Foster says Scully replied: “We can’t let that get out.”

Scully’s alleged comment epitomized the Bush administration’s evident desire to keep Congress and taxpayers ignorant of figures that showed this already controversial legislation might cost 50% more than CBO’s $395 billion valuation that the administration publicly touted.

 

[Skull Pilot]

I have never met a poor man who created jobs....

Liberals continue to condemn the tax cuts being given to the owners of companies who used that money to come back to the US, to create more jobs, to created full-time jobs, to give their employees raises, to give their employees bonuses...owners who have helped Trump create an economy stronger than we have seen in DECADES.

This all happening as a result in investing in and giving those who create jobs and opportunities like this completely escapes the Democrats, who see all of this money - which they consider to be THEIR money - flowing back into the hands and pockets of Americans, and immediately fear the realization that this success is making Americans more successful, more independent, and LESS dependent on them!

I don’t see it. What are you basing all that on? Labor force participation low, wages growth low, first quarter was only 2.2% growth, and deficits are growing.

I know you don't see it. That's part of the problem.

Again, Trump put cash back in the hands of those who owned businesses and create jobs. What ensued?

Businesses returned to the US.
Workers got bonuses.
Workers got raises.
MORE jobs were created.
More FULL-TIME Jobs were created.
The stock market stabilized / rose.
Unemployment went down - to record levels
Housing prices went up.
The economy soared to levels not seen in decades.
The cost of utilities went down.
The amount of Taxes paid into the Federal Govt have hit historic highs...

Yes, deficits are growing again...they have constantly been growing for years...but the deficits have continued to soar because we still have self-destructive, criminally fiscal a$$holes who are looking BEYOND the exploding deficits to the projects / special interest groups, etc they want to spend money on ... willing to dump the ticking time bomb in our kds' and grand kids' laps.... POLITICIANS ON BOTH SIDES OF THE AISLE HAVE BEEN DONIG THAT FOR MORE THAN A DECADE...

For example, regarding spending - it was reported in the news to day that the Federal Govt is spending something like $300k on a study to 'ENSURE LESBIANS ARE USING THE 'RIGHT' KIND OF CONTRACEPTIVE'.


Correct me if I am wrong, but science / nature has not come up with a way for two people of the same sex to create life - become pregnant - so why do lesbians having sex with one another need CONTRACEPTIVES at all? AND WHY DOES THE FEDERAL GOVT HAVE TO USE MY TAX DOLLARS TO PAY FOR IT? Talk about FRAUD, WATE, and ABUSE!

It does not matter WHOSE idiot - GOP or DEM - agreed to fund this, the money should be immediately withdrawn from the douche bag's personal savings account immediately!

You don’t seem to have any numbers to back that up. You are just babbling. None of that is happening.

You don't know? Is that because these things don't appear on CNN, in The Nation or on MediaMatters?

I see you don't provide and stats to back it up either. No surprise.

And you never answered my question about you voting against your reps and senators if they voted to raise the debt ceiling.

Since you don't deny voting against those people who don't give a shit about the debt I can only assume you did vote for them ergo you do not care about the debt

 

[Skull Pilot]

My 401k is doing great. Pretty happy.

Your kids are not going to live off of your 401K, nope, they'll paying up for those tax-cuts.

DOW has been flat for half a year now and just wait till the trade wars kick into high gear. .

I don't have kids so I'll just worry about keeping as much of my money as I can out of the hands of those incompetent morons in governemnt.

 

[Skull Pilot]

Republicans are Fiscally Irresponsible Liars that Cause Government Failures to back their Claims Government Always Fails. It's seems to only fail because or Republicans. Every ob Killing Depression was caused by Republicans. Every Republican President Caused Job Killing Recessions for Every term they served. Democrats never caused a depression & rarely a recession.

The Bush administration may have broken the law on Medicare.

Federal documents show that the Bush administration estimated the new Medicare prescription-drug benefit could cost almost $600 billion, more than half again as much as it publicly predicted at the time. Even worse, the nonpartisan Congressional Research Service has concluded that administration efforts to conceal this and other unflattering cost forecasts of the proposal while it was debated “appear to violate a specific and express prohibition of federal law.”

Medicare’s chief actuary, Richard S. Foster, recalls sharing figures on the drug plan with his former boss, Thomas Scully, Medicare’s then-administrator. Foster’s numbers far exceeded the $395 billion, ten-year cost at which the Congressional Budget Office appraised the drug bill. Foster says Scully replied: “We can’t let that get out.”

Scully’s alleged comment epitomized the Bush administration’s evident desire to keep Congress and taxpayers ignorant of figures that showed this already controversial legislation might cost 50% more than CBO’s $395 billion valuation that the administration publicly touted.

you can replace the word republicans with democrats and your post would still be true