There are lies, more lies, and then there is the data. Keep telling the hurting middleclass and poor, that they arent really hurting.

[hadit]

Then why do republicans. for the last 44 years claim one thing on the campaign trail, then get in to office and do another?

Because they're politicians. In case you missed it, democrats do the same thing.

Republicans do it all the time.
You're FOS.

Name some. You seem to be running out of things to say.

Sure..........

Inside Foxconn's empty buildings, empty factories, and ...​

View attachment 936167
The Verge
https://www.theverge.com › ...
Oct 19, 2020 — In 2017, then-Governor Scott Walker and President Trump announced a historic deal with Foxconn to bring manufacturing jobs to Wisconsin.

Sounds like the governor and the president wanted to make an appearance when a deal went down. What does that have to do with Cobb County? You know, the one you were posting as if it was significant?

Doesn't matter, THEY aren't paying, the taxpayers ARE.

They are also taxpayers, and they're getting to keep a little more of what they earned, as long as they do what the government wants. Kind of like a trained dog who will do non-dog things because he gets a treat now and then.

Sure, I am.
It's called TAXES.
Everyone pays your protection $$$.
Got a robbery, police come.
A fire, the fire department comes.

And some of the taxpayers get to keep a little more of what they earned if they do what the government wants them to do. They're not getting a gift, just allowed to keep a little more, for a little bit. It sounds like you don't like the government doing this. Why aren't you complaining at the state and local governments desperate to attract business? Or is that inconvenient because many of them are run by democrats?

THEY didn't EARN it, DUMBASS.

Of course they did. The government certainly didn't earn it, they did. If it wasn't their money, the government wouldn't have to confiscate it under penalty of law. Fact is, they earned it. Tell you what, show me where they did NOT earn it.

 

[Toddsterpatriot]

"When you choose to not decide, you still have made a choice"

Hoser!

 

[Toddsterpatriot]

Trump told friends at Mar-a-Lago 'you all just got a lot richer ...​

View attachment 936020
The Hill
https://thehill.com › homenews › administration › 3663...
Dec 24, 2017 — President Trump reportedly told friends at his Mar-a-Lago resort in Florida just hours after he signed the GOP tax bill that they all just ...

Tax cut savings flow to company stockholders, trickle ...​

View attachment 936022
USA Today
https://www.usatoday.com › story › money › 2018/04/13
Apr 13, 2018 — Stock shareholders are reaping the bigger rewards. Corporations aren't sharing as much of their tax cut windfall with workers as hoped.

Thanks for the links.

How did a tax cut give middle class money to the rich?

List all the steps.

 

[Toddsterpatriot]

US Corporate Profits Soar With Margins at Widest Since 1950​

View attachment 936024
Bloomberg
https://www.bloomberg.com › news › articles › us-corpo...
Aug 25, 2022 — Across the economy, adjusted pretax corporate profits increased 6.1% in the April-to-June period from the prior quarter -- the fastest pace in a ..

World's 722 biggest companies 'making $1tn in windfall ...​

View attachment 936026
The Guardian
https://www.theguardian.com › business › jul › worlds-...
Jul 5, 2023 — 18 food and beverage companies made on average about $14bn a year in windfall profits in 2021 and 2022. · 28 pharmaceutical companies made on ...

Corporate profits hit record high as economy boomed in ...​

View attachment 936028
The Hill
https://thehill.com › business › 4561631-corporate-hit-r...
Mar 28, 2024 — Adjusted profits after taxes hit a record high of $2.8 trillion, beating the record of $2.7 trillion in the third quarter of 2022. Profits ...

GOP Works to Preserve Tax Cut That Has Delivered $67 ...​

View attachment 936029
Common Dreams
https://www.commondreams.org › News › tax cuts
Jul 3, 2023 — Congressional Republicans are working to extend tax breaks that have allowed dozens of major U.S. corporations—including Amazon, Google, ...

Is there anything Biden can't fuck up?

 

[yidnar]

It is so cute you think so highly of yourself.

This is where you stand as Repub

View attachment 935759

and here is where you stand .

 

[Smokin' OP]

Because they're politicians. In case you missed it, democrats do the same thing.

Name some. You seem to be running out of things to say.

Ronald Reagan.

George Bush.

Donald Trump.

All cut taxes claiming it would reduce the debt.
Instead, every single tax cut resulted in debt.

Sounds like the governor and the president wanted to make an appearance when a deal went down. What does that have to do with Cobb County? You know, the one you were posting as if it was significant?

It's the same thing.

They are also taxpayers, and they're getting to keep a little more of what they earned, as long as they do what the government wants. Kind of like a trained dog who will do non-dog things because he gets a treat now and then.

NO, it isn't idiot.

And some of the taxpayers get to keep a little more of what they earned if they do what the government wants them to do. They're not getting a gift, just allowed to keep a little more, for a little bit. It sounds like you don't like the government doing this. Why aren't you complaining at the state and local governments desperate to attract business? Or is that inconvenient because many of them are run by democrats?

You're FOS.
The government is giving corporations $$$ to relocate.

Of course they did. The government certainly didn't earn it, they did. If it wasn't their money, the government wouldn't have to confiscate it under penalty of law.

What government in the world doesn't collect taxes?

Fact is, they earned it. Tell you what, show me where they did NOT earn it.

They were given $$$ for doing.............WHAT?
Did they do any extra work for that $$$?

 

[Smokin' OP]

Is there anything Biden can't fuck up?

That isn't Biden, Q-NUT.
Why do teabaggers blame the government, for what corporations do?
Then..............teabaggers will reward them with more tax cuts.

 

[Smokin' OP]

Thanks for the links.

How did a tax cut give middle class money to the rich?

There was no middle class tax cut, Q-NUT.

List all the steps.

Installing Trump.

 

[hadit]

Ronald Reagan.

George Bush.

Donald Trump.

All cut taxes claiming it would reduce the debt.
Instead, every single tax cut resulted in debt.

The tax cuts resulted in more revenue to the Treasury. Guess what Congress did with the new revenue? I'll give you three guesses and the first two don't count.

It's the same thing.

Yeah, state and local governments wanting to lure lucrative tax generating businesses into their area offer temporary tax cuts to lure them in. Go to a club and pay your cover charge, then watch the pretty women get in without paying the cover charge. Think about why that is.

NO, it isn't idiot.

Of course it is. They get to keep a little more of what they earned if they do what the government wants them to do. If they don't do it, they pay the full rate.

You're FOS.
The government is giving corporations $$$ to relocate.

The government is telling them, "Come to our state and we will charge you a little less tax than the state you're currently in does".

What government in the world doesn't collect taxes?

You make my point. The money doesn't belong to the governments, they have to confiscate it under penalty of law. Look what happens to business owners who don't pay their taxes, they get incarcerated.

They were given $$$ for doing.............WHAT?
Did they do any extra work for that $$$?

They were allowed to keep a little more of what they earned if they put a warehouse in this district instead of that one, or if they implemented controls favored by a legislator, or if they did any of a number of things the governments wanted them to do. Legislators are always looking for ways to boost the tax base in their district, and landing a major employer putting something in their district that would generate many tax paying jobs is something they'll happily offer temporary tax cuts to get. Unless, of course, they happen to be a certain clueless New Yorker who drives out a major employer, but that's a different story.

 

[Toddsterpatriot]

That isn't Biden, Q-NUT.

Of course not, he's not running anything.

 

[Toddsterpatriot]

There was no middle class tax cut, Q-NUT.

Installing Trump.

Then what's about to expire?

How did a tax cut give middle class money to the rich?

List all the steps.

Or run away again, pussy.

 

[Smokin' OP]

The tax cuts resulted in more revenue to the Treasury. Guess what Congress did with the new revenue? I'll give you three guesses and the first two don't count.

Didn't reduce the deficit, like your dear leader claimed.

Trump: I will eliminate U.S. debt in 8 years​

The Hill
https://thehill.com › ballot-box › presidential-races › 27...
Apr 2, 2016 — It could require using $2 trillion a year from the annual $4 trillion budget to pay off holders of the debt. Trump insisted in the interview ...

Trump insisted in the interview that “renegotiating all of our deals” would help pay down the debt by sparking economic growth.

“The power is trade. Our deals are so bad,” Trump said. “I would immediately start renegotiating our trade deals with Mexico, China, Japan and all of these countries that are just absolutely destroying us.”

China fell far short of promises it made to purchase ...​

The New York Times
https://www.nytimes.com › business › china-us-trade
Feb 8, 2022 — New data show that China effectively bought none of the additional $200 billion in goods it promised to as part of a 2020 trade deal.

Yeah, state and local governments wanting to lure lucrative tax generating businesses into their area offer temporary tax cuts to lure them in. Go to a club and pay your cover charge, then watch the pretty women get in without paying the cover charge. Think about why that is.

That's the thing, they don't pay taxes for 10,15 or 20 years.

Of course it is. They get to keep a little more of what they earned if they do what the government wants them to do. If they don't do it, they pay the full rate.

They didn't EARN it.
It was given to them.

The government is telling them, "Come to our state and we will charge you a little less tax than the state you're currently in does".

OR.............NONE at all.
See above.

Foxconn mostly abandons $10 billion Wisconsin project ...​

CNBC
https://www.cnbc.com › 2021/04/21 › foxconn-mostly-...




Apr 21, 2021 — The original Wisconsin package also included local tax incentives and road and highway investments by state and local governments, which brought ...

You make my point. The money doesn't belong to the governments,

Yes, it does.
WHO prints it?

they have to confiscate it under penalty of law. Look what happens to business owners who don't pay their taxes, they get incarcerated.

That's right.

They were allowed to keep a little more of what they earned if they put a warehouse in this district instead of that one, or if they implemented controls favored by a legislator, or if they did any of a number of things the governments wanted them to do. Legislators are always looking for ways to boost the tax base in their district, and landing a major employer putting something in their district that would generate many tax paying jobs is something they'll happily offer temporary tax cuts to get. Unless, of course, they happen to be a certain clueless New Yorker who drives out a major employer, but that's a different story.

Discover How Much the Public is Subsidizing One of ...​

Good Jobs First
https://goodjobsfirst.org › amazon-tracker
Feb 6, 2024 — Subsidies Awarded to Amazon: over $6.7 Billion and Counting! ... For each subsidized project, we include: year awarded, state and city or county, ...

 

[Smokin' OP]

Then what's about to expire?

WOW.

Congress Should Revisit 2017 Tax Law's Trillion-Dollar ...​

Center on Budget and Policy Priorities
https://www.cbpp.org › research › federal-tax › congress...
Mar 21, 2024 — A growing body of research shows that the corporate rate cut has delivered large gains to top earners but done little for everyone else.

After the law’s enactment, a number of companies announced widely publicized, one-time bonuses for employees, which the law’s proponents cited as evidence that the corporate tax cut indeed benefited workers. But the temporary bonuses were quite modest, averaging $28 per U.S. worker and totaling $4.4 billion — just 2 to 3 percent of the total benefits from the corporate tax cut, according to the Congressional Research Service (CRS).
At the same time, the 2017 law led to a large increase in stock buybacks, which hit a record-breaking $1 trillion in 2018; buybacks often benefit shareholders, who are disproportionately wealthy households and foreign investors, by raising the value of the stock they already hold.

How did a tax cut give middle class money to the rich?

List all the steps.

Or run away again, pussy.

I told you Q-NUT.
Installing Trump.

 

[Toddsterpatriot]

WOW.

Congress Should Revisit 2017 Tax Law's Trillion-Dollar ...​

View attachment 936542
Center on Budget and Policy Priorities
https://www.cbpp.org › research › federal-tax › congress...
Mar 21, 2024 — A growing body of research shows that the corporate rate cut has delivered large gains to top earners but done little for everyone else.

After the law’s enactment, a number of companies announced widely publicized, one-time bonuses for employees, which the law’s proponents cited as evidence that the corporate tax cut indeed benefited workers. But the temporary bonuses were quite modest, averaging $28 per U.S. worker and totaling $4.4 billion — just 2 to 3 percent of the total benefits from the corporate tax cut, according to the Congressional Research Service (CRS).
At the same time, the 2017 law led to a large increase in stock buybacks, which hit a record-breaking $1 trillion in 2018; buybacks often benefit shareholders, who are disproportionately wealthy households and foreign investors, by raising the value of the stock they already hold.


I told you Q-NUT.
Installing Trump.

Pussy.

 

[Smokin' OP]

Pussy.

MORON.............Q-NUT.

 

[Cellblock2429]

Ronald Reagan.

George Bush.

Donald Trump.

All cut taxes claiming it would reduce the debt.
Instead, every single tax cut resulted in debt.


It's the same thing.

NO, it isn't idiot.

You're FOS.
The government is giving corporations $$$ to relocate.

What government in the world doesn't collect taxes?

They were given $$$ for doing.............WHAT?
Did they do any extra work for that $$$?

/----/ Smokin' you'll either igone this, or won't understand it, or won't believe it.
For normal people here is the reason.
Deficits logically followed the Reagan tax cuts, but not because tax revenues declined after the cuts. This is the implied view of McArdle and the Dems. It’s flawed. As supply-siders have correctly pointed out for decades, tax revenues rose substantially in the years after the Reagan tax cuts.

To which traditional Republicans and more than a few supply-siders will respond that what happened in concert with the Reagan tax cuts was a surge of spending that brought on deficits. Republicans and supply-siders are right, but yet again for the wrong reasons. So are Democrats who blame Reagan for the spending.
Addressing the Dems first, Reagan’s proposed budgets were annually rejected by Democrats who controlled the House of Representatives.
For one, politicians exist to spend. That’s why they’re there, Democrat or Republican. And while every politician likely has programs and agencies he or she would like to cut or abolish, those same politicians have programs or agencies or entities they’d like to spend more on.

Reaganâs Tax Cuts Did Cause Deficits, But Not For Reasons Explained

 

[hadit]

Didn't reduce the deficit, like your dear leader claimed.

Trump: I will eliminate U.S. debt in 8 years​

View attachment 936535
The Hill
https://thehill.com › ballot-box › presidential-races › 27...
Apr 2, 2016 — It could require using $2 trillion a year from the annual $4 trillion budget to pay off holders of the debt. Trump insisted in the interview ...

Trump insisted in the interview that “renegotiating all of our deals” would help pay down the debt by sparking economic growth.

“The power is trade. Our deals are so bad,” Trump said. “I would immediately start renegotiating our trade deals with Mexico, China, Japan and all of these countries that are just absolutely destroying us.”

That wasn't the claim. You moved the goal posts and built a strawman. You also made my point. Congress will always spend more than any new revenue, which means the deficit is immune to changes in the tax code. The closest we got to a balanced budget in the modern era was when there was a pragmatic democrat in the WH and a Congress willing to hold his feet to the fire. We don't have that now.

China fell far short of promises it made to purchase ...​

View attachment 936536
The New York Times
https://www.nytimes.com › business › china-us-trade
Feb 8, 2022 — New data show that China effectively bought none of the additional $200 billion in goods it promised to as part of a 2020 trade deal.



That's the thing, they don't pay taxes for 10,15 or 20 years.

If the state or locality sweetens the deal by allowing them to keep more of what they earn so they bring in good taxpaying jobs, that's their call, isn't it? And, of course, you're ignoring the taxes all those jobs pump into the local governments. Somebody in the local government runs the numbers and concludes that they will be better off if they make the offer and get the business. Apparently, they forgot to ask you what you thought after you read a few headlines.

They didn't EARN it.
It was given to them.

Baloney. A tax cut allows a person or company to keep more of what they already earned. A tax refund is merely money that you allowed the government to keep all year long and is returned to you as an overpayment. A tax cut is not a gift, it's a reduction in what is being confiscated from you. Am I supposed to be grateful when the guy only demands $250 protection money instead of the normal $300?

OR.............NONE at all.
See above.

You do realize, don't you, that companies don't actually pay taxes, they collect them from customers first?

Foxconn mostly abandons $10 billion Wisconsin project ...​

View attachment 936538
CNBC
https://www.cnbc.com › 2021/04/21 › foxconn-mostly-...




Apr 21, 2021 — The original Wisconsin package also included local tax incentives and road and highway investments by state and local governments, which brought ...



Yes, it does.
WHO prints it?

And therein lies the death of every economic system that does not value freedom, the assumption that all wealth first belongs to the government and we only have what it deigns to allow us to have.

That's right.

Which means they're acknowledging it doesn't belong to them in the first place.

Discover How Much the Public is Subsidizing One of ...​

View attachment 936541
Good Jobs First
https://goodjobsfirst.org › amazon-tracker
Feb 6, 2024 — Subsidies Awarded to Amazon: over $6.7 Billion and Counting! ... For each subsidized project, we include: year awarded, state and city or county, ...

Amusing that you confuse federal subsidies with tax cuts. Can you stick with one topic at a time?

 

[Toddsterpatriot]

MORON.............Q-NUT.

You whine.....as you run away.

 

[Toddsterpatriot]

Amusing that you confuse federal subsidies with tax cuts. Can you stick with one topic at a time?

He's not very bright.
He is very good at running away.

 

[Smokin' OP]

That wasn't the claim. You moved the goal posts and built a strawman. You also made my point. Congress will always spend more than any new revenue, which means the deficit is immune to changes in the tax code. The closest we got to a balanced budget in the modern era was when there was a pragmatic democrat in the WH and a Congress willing to hold his feet to the fire. We don't have that now.

If the state or locality sweetens the deal by allowing them to keep more of what they earn so they bring in good taxpaying jobs, that's their call, isn't it?

It isn't keeping more of what they earn, moron.
They didn't EARN the sales tax they are charging, which they don't have to pay for 10,15 or 20 years.
They didn't EARN the government infrastructure, built by local and state governments.

And, of course, you're ignoring the taxes all those jobs pump into the local governments. Somebody in the local government runs the numbers and concludes that they will be better off if they make the offer and get the business. Apparently, they forgot to ask you what you thought after you read a few headlines.

Yes, the taxes, some ELSE PAYS.

Baloney. A tax cut allows a person or company to keep more of what they already earned. A tax refund is merely money that you allowed the government to keep all year long and is returned to you as an overpayment.

WOW.
Sure.............an overpayment.

A tax cut is not a gift, it's a reduction in what is being confiscated from you. Am I supposed to be grateful when the guy only demands $250 protection money instead of the normal $300?

You do realize, don't you, that companies don't actually pay taxes, they collect them from customers first?

And therein lies the death of every economic system that does not value freedom, the assumption that all wealth first belongs to the government and we only have what it deigns to allow us to have.

Which means they're acknowledging it doesn't belong to them in the first place.

Amusing that you confuse federal subsidies with tax cuts. Can you stick with one topic at a time?

BOTH are TAX $$$.