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Stock Market is celebrating the likelihood of of the GOP holding the Senate and their gains in the House and the failure of Dems to get a mandate for their insanity.The stock market loves it!Didn’t take long.
Watch energy costs go up while the economy crashes around us, creating a greater dependency class, the goal of Marxist democrats...
View attachment 412682
Stock Market is celebrating the likelihood of of the GOP holding the Senate and their gains in the House and the failure of Dems to get a mandate for their insanity.The stock market loves it!Didn’t take long.
Watch energy costs go up while the economy crashes around us, creating a greater dependency class, the goal of Marxist democrats...
View attachment 412682
Hell, it was only at 2.4% when the virus hit, and that's AFTER the spending explosion, AFTER the deficit explosion, AFTER the debt explosion, AFTER bond yields had crashed by 60%, AFTER the protracted manufacturing recession in 2019, and AFTER the NY Fed had poured $1.5 TRILLION into short term credit markets to grease the system.Going on right now? GDP is going to be down on the year. He passed a trillion dollar tax cut in 2018 and GDP growth couldn’t even crack 3% which was nearly identical to Obama’s growth in, shoot not sure exactly, either 2014 or 2015.It's been happening. The economy has done well. What do you mean "where is it" when it is going on right now.
Where is it? It’s not showing up in any of the data.
The real inflation eats at the wealth of the working class person. Not talked about is the additional taxes the federal, state, local and city governments enact on its citizens. A minimum wage brouhaha of 15 dollars an hour is not so much about a living wage and the federal tax but an indictment of all the other taxes that eat at it that you can not see and not see as much.Tax revenue always increases due to population growth, inflation etc. It’s not a useful metric to determine efficacy.Partially agreed. Cutting taxes, results in economic growth, which results in higher tax revenue. From 2016, to 2020, tax revenue has increased.
If tax cuts increase economic growth, where was the economic growth?
We know who won on Tuesday though.Stock Market is celebrating the likelihood of of the GOP holding the Senate and their gains in the House and the failure of Dems to get a mandate for their insanity.The stock market loves it!Didn’t take long.
Watch energy costs go up while the economy crashes around us, creating a greater dependency class, the goal of Marxist democrats...
View attachment 412682
When a Tuesday Election is so close that you can't figure out who won until Sat, it's not a "mandate."
We do now.We know who won on Tuesday though.
I mean. I too wish the government ran on fairy dust and unicorn farts but I like having a functioning society.The real inflation eats at the wealth of the working class person. Not talked about is the additional taxes the federal, state, local and city governments enact on its citizens. A minimum wage brouhaha of 15 dollars an hour is not so much about a living wage and the federal tax but an indictment of all the other taxes that eat at it that you can not see and not see as much.
Started going up the days before the election and kept going up when it became clear it’s Biden’s America. Woo! Big bucks got Biden boys!Stock Market is celebrating the likelihood of of the GOP holding the Senate and their gains in the House and the failure of Dems to get a mandate for their insanity.
Where did Trump get the money for the military? Not from taxpayers. He cut their taxes hugely.Where do you think he's going to get the money to pay for all the climate change policies he wants to put in place?
Partially agreed. Cutting taxes, results in economic growth, which results in higher tax revenue. From 2016, to 2020, tax revenue has increased.
However.... I do agree that Trump increased spending beyond our tax revenue.
That's bad. Are you suggesting that Biden is going to cut spending?
No, I wager you think Biden will increase taxes, which will harm the economy.
I disagree with that for two reasons. 1. It will absolutely damage the economy. You are an idiot if you think you can drastically increase taxes, and somehow the economy will not be harmed.
2. Because no matter how much you increase taxes, we can't afford the entitlement programs. No amount of tax increases is going to make $200 Trillion in unfunded liabilities go away.
People will simply stop paying taxes, like in Greece. They just kept increasing taxes, and people just stopped paying them. Then the country imploded.
Not a solution.
You need to cut Entitlements. Biden isn't going to do that. So he's not a better option than Trump on this.
So dishonest. They said this because there would not be a logjam and more government spending would occur with the US taking on even more debt. Short term gain for long term pain. I would recommend a college degree for you.Let's see.Congratulations, Mr. President-elect.
I'm confident you won't be the hyper-Keynesian you are replacing, and that you'll bring sanity to our fiscal policies.
Among other things.
Everyone knows you're a partisan fraud.
Give it up, what you know about, markets, economics, etc would fit in a thimble
Creepy Joe is as clueless as you are and will rely on people as clueless as you
Now hit the funny and Jack off....lil ole Mac
Should I believe Goldman Sachs and other financial institutions, or some nasty, miserable, ignorant Trumpster on an internet message board?
Hmm. This is a tough call!
Goldman Sachs Thinks the Economy Will Recover Faster With Biden in Office
Investment bank Goldman Sachs says a Democratic sweep could work wonders for our sluggish economy. Find out how Biden's plans could help the country's finances.www.fool.com
.. combined with higher tax rates on the top end so that we can slow down this insane Trumpian deficit spending.So dishonest. They said this because there would not be a logjam and more government spending would occur with the US taking on even more debt. Short term gain for long term pain. I would recommend a college degree for you.Let's see.Congratulations, Mr. President-elect.
I'm confident you won't be the hyper-Keynesian you are replacing, and that you'll bring sanity to our fiscal policies.
Among other things.
Everyone knows you're a partisan fraud.
Give it up, what you know about, markets, economics, etc would fit in a thimble
Creepy Joe is as clueless as you are and will rely on people as clueless as you
Now hit the funny and Jack off....lil ole Mac
Should I believe Goldman Sachs and other financial institutions, or some nasty, miserable, ignorant Trumpster on an internet message board?
Hmm. This is a tough call!
Goldman Sachs Thinks the Economy Will Recover Faster With Biden in Office
Investment bank Goldman Sachs says a Democratic sweep could work wonders for our sluggish economy. Find out how Biden's plans could help the country's finances.
You’re still looking at more debt. Higher tax rates means fewer hires. “Trumpster”...I would have voted for Tulsi Gabbard, something I said multiple times here. You’re just a liar who needs a college degree. Enjoy the return of corporate inversions... combined with higher tax rates on the top end so that we can slow down this insane Trumpian deficit spending.So dishonest. They said this because there would not be a logjam and more government spending would occur with the US taking on even more debt. Short term gain for long term pain. I would recommend a college degree for you.Let's see.Congratulations, Mr. President-elect.
I'm confident you won't be the hyper-Keynesian you are replacing, and that you'll bring sanity to our fiscal policies.
Among other things.
Everyone knows you're a partisan fraud.
Give it up, what you know about, markets, economics, etc would fit in a thimble
Creepy Joe is as clueless as you are and will rely on people as clueless as you
Now hit the funny and Jack off....lil ole Mac
Should I believe Goldman Sachs and other financial institutions, or some nasty, miserable, ignorant Trumpster on an internet message board?
Hmm. This is a tough call!
Goldman Sachs Thinks the Economy Will Recover Faster With Biden in Office
Investment bank Goldman Sachs says a Democratic sweep could work wonders for our sluggish economy. Find out how Biden's plans could help the country's finances.
I recommend nothing for you. You're just a Trumpster.
You’re still looking at more debt. Higher tax rates means fewer hires. “Trumpster”...I would have voted for Tulsi Gabbard, something I said multiple times here. You’re just a liar who needs a college degree. Enjoy the return of corporate inversions... combined with higher tax rates on the top end so that we can slow down this insane Trumpian deficit spending.So dishonest. They said this because there would not be a logjam and more government spending would occur with the US taking on even more debt. Short term gain for long term pain. I would recommend a college degree for you.Let's see.Congratulations, Mr. President-elect.
I'm confident you won't be the hyper-Keynesian you are replacing, and that you'll bring sanity to our fiscal policies.
Among other things.
Everyone knows you're a partisan fraud.
Give it up, what you know about, markets, economics, etc would fit in a thimble
Creepy Joe is as clueless as you are and will rely on people as clueless as you
Now hit the funny and Jack off....lil ole Mac
Should I believe Goldman Sachs and other financial institutions, or some nasty, miserable, ignorant Trumpster on an internet message board?
Hmm. This is a tough call!
Goldman Sachs Thinks the Economy Will Recover Faster With Biden in Office
Investment bank Goldman Sachs says a Democratic sweep could work wonders for our sluggish economy. Find out how Biden's plans could help the country's finances.
I recommend nothing for you. You're just a Trumpster.
Profit after tax or before tax. If before tax - At a 20% tax rate that million becomes $800k but at 40% it becomes $600k. By your example it’s two fewer employees they could hire.You’re still looking at more debt. Higher tax rates means fewer hires. “Trumpster”...I would have voted for Tulsi Gabbard, something I said multiple times here. You’re just a liar who needs a college degree. Enjoy the return of corporate inversions... combined with higher tax rates on the top end so that we can slow down this insane Trumpian deficit spending.So dishonest. They said this because there would not be a logjam and more government spending would occur with the US taking on even more debt. Short term gain for long term pain. I would recommend a college degree for you.Let's see.Congratulations, Mr. President-elect.
I'm confident you won't be the hyper-Keynesian you are replacing, and that you'll bring sanity to our fiscal policies.
Among other things.
Everyone knows you're a partisan fraud.
Give it up, what you know about, markets, economics, etc would fit in a thimble
Creepy Joe is as clueless as you are and will rely on people as clueless as you
Now hit the funny and Jack off....lil ole Mac
Should I believe Goldman Sachs and other financial institutions, or some nasty, miserable, ignorant Trumpster on an internet message board?
Hmm. This is a tough call!
Goldman Sachs Thinks the Economy Will Recover Faster With Biden in Office
Investment bank Goldman Sachs says a Democratic sweep could work wonders for our sluggish economy. Find out how Biden's plans could help the country's finances.
I recommend nothing for you. You're just a Trumpster.
Higher tax rates do not mean fewer hires. Let's say a company has a profit of one million dollars. They could hire ten employees for a hundred grand each. The tax rate is twenty percent. How much does it cost them to hire those employees? If the tax rate is forty percent, how much does it cost them? Go college boy, tell me the answer.
Profit after tax or before tax. If before tax - At a 20% tax rate that million becomes $800k but at 40% it becomes $600k. By your example it’s two fewer employees they could hire.You’re still looking at more debt. Higher tax rates means fewer hires. “Trumpster”...I would have voted for Tulsi Gabbard, something I said multiple times here. You’re just a liar who needs a college degree. Enjoy the return of corporate inversions... combined with higher tax rates on the top end so that we can slow down this insane Trumpian deficit spending.So dishonest. They said this because there would not be a logjam and more government spending would occur with the US taking on even more debt. Short term gain for long term pain. I would recommend a college degree for you.Let's see.Congratulations, Mr. President-elect.
I'm confident you won't be the hyper-Keynesian you are replacing, and that you'll bring sanity to our fiscal policies.
Among other things.
Everyone knows you're a partisan fraud.
Give it up, what you know about, markets, economics, etc would fit in a thimble
Creepy Joe is as clueless as you are and will rely on people as clueless as you
Now hit the funny and Jack off....lil ole Mac
Should I believe Goldman Sachs and other financial institutions, or some nasty, miserable, ignorant Trumpster on an internet message board?
Hmm. This is a tough call!
Goldman Sachs Thinks the Economy Will Recover Faster With Biden in Office
Investment bank Goldman Sachs says a Democratic sweep could work wonders for our sluggish economy. Find out how Biden's plans could help the country's finances.
I recommend nothing for you. You're just a Trumpster.
Higher tax rates do not mean fewer hires. Let's say a company has a profit of one million dollars. They could hire ten employees for a hundred grand each. The tax rate is twenty percent. How much does it cost them to hire those employees? If the tax rate is forty percent, how much does it cost them? Go college boy, tell me the answer.
Donald Trump is a force of nature. Regardless how this turns out, he has pulled the mask off of the media, our intelligence corruption, Biden's corruption and the evil of China.Trump, promises made, promises kept! We may never experience such a great President again
I asked you if you meant before or after taxes. If before then yes it costs slightly less but you still cannot afford to hire as many and with ACA still I place their benefits will be pricier as well.Profit after tax or before tax. If before tax - At a 20% tax rate that million becomes $800k but at 40% it becomes $600k. By your example it’s two fewer employees they could hire.You’re still looking at more debt. Higher tax rates means fewer hires. “Trumpster”...I would have voted for Tulsi Gabbard, something I said multiple times here. You’re just a liar who needs a college degree. Enjoy the return of corporate inversions... combined with higher tax rates on the top end so that we can slow down this insane Trumpian deficit spending.So dishonest. They said this because there would not be a logjam and more government spending would occur with the US taking on even more debt. Short term gain for long term pain. I would recommend a college degree for you.Let's see.Congratulations, Mr. President-elect.
I'm confident you won't be the hyper-Keynesian you are replacing, and that you'll bring sanity to our fiscal policies.
Among other things.
Everyone knows you're a partisan fraud.
Give it up, what you know about, markets, economics, etc would fit in a thimble
Creepy Joe is as clueless as you are and will rely on people as clueless as you
Now hit the funny and Jack off....lil ole Mac
Should I believe Goldman Sachs and other financial institutions, or some nasty, miserable, ignorant Trumpster on an internet message board?
Hmm. This is a tough call!
Goldman Sachs Thinks the Economy Will Recover Faster With Biden in Office
Investment bank Goldman Sachs says a Democratic sweep could work wonders for our sluggish economy. Find out how Biden's plans could help the country's finances.
I recommend nothing for you. You're just a Trumpster.
Higher tax rates do not mean fewer hires. Let's say a company has a profit of one million dollars. They could hire ten employees for a hundred grand each. The tax rate is twenty percent. How much does it cost them to hire those employees? If the tax rate is forty percent, how much does it cost them? Go college boy, tell me the answer.
Well you got the numbers right, but your last statement indicates you do not understand. The hiring comes from before tax dollars, not after tax dollars. So it would cost them $800,000 to hire the ten employees under the 20% rate, but only $600,000 under the 40% rate.
I asked you if you meant before or after taxes. If before then yes it costs slightly less but you still cannot afford to hire as many and with ACA still I place their benefits will be pricier as well.Profit after tax or before tax. If before tax - At a 20% tax rate that million becomes $800k but at 40% it becomes $600k. By your example it’s two fewer employees they could hire.You’re still looking at more debt. Higher tax rates means fewer hires. “Trumpster”...I would have voted for Tulsi Gabbard, something I said multiple times here. You’re just a liar who needs a college degree. Enjoy the return of corporate inversions... combined with higher tax rates on the top end so that we can slow down this insane Trumpian deficit spending.So dishonest. They said this because there would not be a logjam and more government spending would occur with the US taking on even more debt. Short term gain for long term pain. I would recommend a college degree for you.Let's see.Congratulations, Mr. President-elect.
I'm confident you won't be the hyper-Keynesian you are replacing, and that you'll bring sanity to our fiscal policies.
Among other things.
Everyone knows you're a partisan fraud.
Give it up, what you know about, markets, economics, etc would fit in a thimble
Creepy Joe is as clueless as you are and will rely on people as clueless as you
Now hit the funny and Jack off....lil ole Mac
Should I believe Goldman Sachs and other financial institutions, or some nasty, miserable, ignorant Trumpster on an internet message board?
Hmm. This is a tough call!
Goldman Sachs Thinks the Economy Will Recover Faster With Biden in Office
Investment bank Goldman Sachs says a Democratic sweep could work wonders for our sluggish economy. Find out how Biden's plans could help the country's finances.
I recommend nothing for you. You're just a Trumpster.
Higher tax rates do not mean fewer hires. Let's say a company has a profit of one million dollars. They could hire ten employees for a hundred grand each. The tax rate is twenty percent. How much does it cost them to hire those employees? If the tax rate is forty percent, how much does it cost them? Go college boy, tell me the answer.
Well you got the numbers right, but your last statement indicates you do not understand. The hiring comes from before tax dollars, not after tax dollars. So it would cost them $800,000 to hire the ten employees under the 20% rate, but only $600,000 under the 40% rate.
They were never that high due to loopholes. No businesses like high taxes. In fact that’s why we saw so many corporate inversions.I asked you if you meant before or after taxes. If before then yes it costs slightly less but you still cannot afford to hire as many and with ACA still I place their benefits will be pricier as well.Profit after tax or before tax. If before tax - At a 20% tax rate that million becomes $800k but at 40% it becomes $600k. By your example it’s two fewer employees they could hire.You’re still looking at more debt. Higher tax rates means fewer hires. “Trumpster”...I would have voted for Tulsi Gabbard, something I said multiple times here. You’re just a liar who needs a college degree. Enjoy the return of corporate inversions... combined with higher tax rates on the top end so that we can slow down this insane Trumpian deficit spending.So dishonest. They said this because there would not be a logjam and more government spending would occur with the US taking on even more debt. Short term gain for long term pain. I would recommend a college degree for you.Let's see.Congratulations, Mr. President-elect.
I'm confident you won't be the hyper-Keynesian you are replacing, and that you'll bring sanity to our fiscal policies.
Among other things.
Everyone knows you're a partisan fraud.
Give it up, what you know about, markets, economics, etc would fit in a thimble
Creepy Joe is as clueless as you are and will rely on people as clueless as you
Now hit the funny and Jack off....lil ole Mac
Should I believe Goldman Sachs and other financial institutions, or some nasty, miserable, ignorant Trumpster on an internet message board?
Hmm. This is a tough call!
Goldman Sachs Thinks the Economy Will Recover Faster With Biden in Office
Investment bank Goldman Sachs says a Democratic sweep could work wonders for our sluggish economy. Find out how Biden's plans could help the country's finances.
I recommend nothing for you. You're just a Trumpster.
Higher tax rates do not mean fewer hires. Let's say a company has a profit of one million dollars. They could hire ten employees for a hundred grand each. The tax rate is twenty percent. How much does it cost them to hire those employees? If the tax rate is forty percent, how much does it cost them? Go college boy, tell me the answer.
Well you got the numbers right, but your last statement indicates you do not understand. The hiring comes from before tax dollars, not after tax dollars. So it would cost them $800,000 to hire the ten employees under the 20% rate, but only $600,000 under the 40% rate.
The reality, that I have seen from personal experience, is that when the corporate tax rate is high companies are much more willing to invest in their people. Rather it is training, benefits, or something as simple as a gold watch at fifty years of service, companies were much more willing to provide those things when the higher tax rate at least partially incentivized them to make those type of investments. Like I initially said, higher corporate tax rates encourage companies to put money back in to the business, low corporate tax rates encourage them to take it out. If your goal is economic growth, the expansion of the frontier curve, then you want them to put money back in to the business. When corporate tax rates were high, like in the 60's, we routinely saw double digit GDP growth. Since Reagan, we have never EVER seen double digit GDP growth. The answer is simple, corporate taxes are too low.
