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jgarden

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Foreigners would gain billions under GOP tax plan

One of the biggest beneficiaries of the tax overhaul bill that's pending Congress' approval might not seem obvious. But foreign investors stand to come out ahead.

Although President Donald Trump seeks to tighten immigration standards and get tough on international trade agreements, the tax bill, which he supports, treats non-American shareholders in US companies better than most Americans, according to an analysis from the Institute on Taxation and Economic Policy, a nonpartisan think tank.

Foreigners will gain $48 billion from the legislation in 2019, the institute calculates, mainly in terms of how their American stock holdings should appreciate, thanks to improved US company earnings fuelled, at least in part, by the tax cuts.

If you divide the nation's population by income into fifths, known as quintiles, foreigners do better under the plan than everyone but the top 20%. The richest quintile is ahead by $225 billion, and the second wealthiest by $43 billion, or less than overseas investors.

http://www.msn.com/en-us/money/mark...p-tax-plan/ar-BBH18Su?li=BBnbfcL&ocid=msnbcrd

:angrymob::angrymob::angrymob::angrymob::angrymob::angrymob::angrymob::angrymob:

Just how providing foreign investors with a $48 billion windfall with Trump's promise of "America First" is anybody's guess - but the "Washington swamp" just got a whole lot deeper!

$48 billion provided to foreigners is $7 billion more than the combined totals of what the bottom 60% of Americans will receive!

:angrymob::angrymob::angrymob::angrymob::angrymob::angrymob::angrymob::angrymob:
 
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jgarden

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Fox Business host slams Trump, GOP tax plan: 'Seems like our country is becoming ungovernable'
12/19/17


Fox Business host Trish Regan slammed the GOP's tax-reform plan on air and on Twitter Monday, asking how it was fair that “a private equity investor has a lower tax bracket” than a New York city police officer while wondering if “our country is becoming ungovernable.”

The commentary from the former CNBC and Bloomberg host comes as Republicans on Capitol Hill are set to hold final votes in the House and Senate on their sweeping tax-reform bill, which would mark President Trump

Regan called out the president specifically for failing on his promise to close the special interest loopholes while catering to high-earning “private equity fat cats” during “The Intelligence Report.” “Those private equity fat cats get away with paying investment taxes instead of income taxes, and this is just wrong,” she said. “So why doesn’t anyone care?’

“I’m beginning to wonder if our country is becoming ungovernable, because I’ll tell you one thing, our founding fathers never ever anticipated a swamp like the one we have today.”

.....“How is it fair that a private equity investor has a LOWER tax bracket than a NYC Cop?! This is just WRONG! Wasn’t the President supposed to CLOSE these special interest loopholes? Seems like our country is becoming ungovernable,” she repeated.

http://thehill.com/policy/finance/360693-poll-majority-oppose-gop-tax-reform-bill

:angrymob::angrymob::angrymob::angrymob::angrymob::angrymob::angrymob::angrymob:

- called out the president specifically for failing on his promise to close the special interest loopholes while catering to high-earning “private equity fat cats”

- “How is it fair that a private equity investor has a LOWER tax bracket than a NYC Cop?! This is just WRONG!


- I’ll tell you one thing, our founding fathers never ever anticipated a swamp like the one we have today.”

- "Seems like our country is becoming ungovernable”

:angrymob::angrymob::angrymob::angrymob::angrymob::angrymob::angrymob::angrymob:

This isn't coming from some "liberal" source that "The Donald" and his "deplorables" can easily dismiss, but the Business host of FOXNEWS!

Does this mean that we can now add FOXNEWS to that growing list of media outlets that Trump and his supporters have labelled "fake news?"

:angrymob::angrymob::angrymob::angrymob::angrymob::angrymob::angrymob::angrymob:
 
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jgarden

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Well, with the dems completely trashing tax reform for 6 months straight with the media on board, most people think it's bad. That means there's nowhere to go but up. I think people will be singing a different tune in a year.
How do House Republicans explain having to vote on the tax bill twice - because it was introduced in such a rush that their leadership failed to noticed that it contained legislation that wasn't compatible with the Senate version?

Where are the independent economic forecasts that support the wisdom of "trickle down economics" based on a $1.5 trillion tax cut financed with borrowed money?

Where are all those Republican "deficit hawks" who were denouncing the Democrats for incurring deficits during an economic recession?
 

jgarden

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I don't get the shock of the left that taxes for the middle class will go up in about ten years. Do they expect taxes to never go up again? Maybe the dems can "fix" taxes if they can win in 2024.
Anybody can provide a tax cut with $1.5 trillion in borrowed money - it would take skill to make it revenue neutral!

As for taxing the middle class, rates are scheduled to raise after the 2018 Midterms - in the hope that nobody will read the fine print in the bill!

The fact that the tax cuts for the middle class are only temporary, while those for large corporations are permanent, speaks volumes as to who the Republicans think is more deserving!
 

The Barbarian

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Ya might want to retitle that "Trump Rationlized."

The weird thing is, Trump doesn't even realize that it's creepy when he does this thing. It's like when he agreed with Howard Stern that his daughter was a (vulgar expression for desirable female), and said that if she wasn't his daughter, he might be dating her.

He thinks that stuff is normal.
 

Danoh

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The weird thing is, Trump doesn't even realize that it's creepy when he does this thing. It's like when he agreed with Howard Stern that his daughter was a (vulgar expression for desirable female), and said that if she wasn't his daughter, he might be dating her.

He thinks that stuff is normal.

For him and his supporters...it is...has been...rationalized into being...if not...into the ignoring of.

That fool on that video being a perfect example of the kind of "spirit" or mind, that does just that.

For the sorting out of these kinds of issues is not rocket science, but to the long willfully blind hick supporter of such an individual, by the time said individual comes knocking on the door of such's own, long already entrenched self-delusion.

These kinds of things are a spiritual issue the recognition of the manifestation of which are often described in Scripture.

Such end up with a deeply entrenched, "strong delusion" in them, and by their own hand, that there comes a point where there is no longer any reasoning with them; they have passed its point of no return - time to get serious about calling a cult de-programmer.
 

The Barbarian

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Secretary of State Rex W. Tillerson heads to Mexico City for a delicate diplomatic mission Wednesday, but he is going at a moment of tremendous uncertainty back at the office, where more than dozen key assistant secretary positions are still without even a proposed nominee from the White House.

Mr. Tillerson will travel with Homeland Security Secretary John F. Kelly and acting Assistant Secretary for Western Hemisphere Affairs Francisco Palmieri. But he will otherwise have little backup because, a month into the Trump administration, there is still no deputy secretary of state, no new ambassador to Mexico and no clear sign of when those and other diplomatic positions will be filled.

The State Department’s press office and Mr. Tillerson’s office have declined to comment on the more than 100 management posts and foreign ambassadorships awaiting even a nominee, let alone a Senate confirmation. Just three ambassadors — to China, Israel and Britain — have been named.
https://www.washingtontimes.com/news/2017/feb/21/state-department-vacancies-highlight-trump-adminis/

At a very dangerous time in the world, Trump is letting the U.S. drift.
 

aCultureWarrior

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The weird thing is, Trump doesn't even realize that it's creepy when he does this thing. It's like when he agreed with Howard Stern that his daughter was a (vulgar expression for desirable female), and said that if she wasn't his daughter, he might be dating her.

He thinks that stuff is normal.

There's a lot of very sick people out there. I debated a guy on here on TOL who took it a step further than Donald Trump and said that incest should be legal.

Pretty sick huh?

Here Donald and his wannabe squeeze are being interviewed by their fellow leftwingers on "The Spew", where he talks about ahem...dating his daughter. Of course his fellow sexual anarchists thought that was funny.

Ha ha ha...

https://www.youtube.com/watch?v=DP7yf8-Lk80
 

patrick jane

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There's a lot of very sick people out there. I debated a guy on here on TOL who took it a step further than Donald Trump and said that incest should be legal.

Pretty sick huh?

Here Donald and his wannabe squeeze are being interviewed by their fellow leftwingers on "The Spew", where he talks about ahem...dating his daughter. Of course his fellow sexual anarchists thought that was funny.

Ha ha ha...

https://www.youtube.com/watch?v=DP7yf8-Lk80
Reported
 

aCultureWarrior

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Has Trump ever went beyond p-grabbing? I know he is a sexual harasser, but I have my doubts he does this to women in hopes to have sex with such women. I think he is old, obnoxious, and just wants his wife mostly.

I can't remember if it was wife #1 of 3 Aaron, or #2 of 3 where she accused her husband (Donald Trump) of raping her.

aCW checks...

If was the first trophy wife who stated that in a deposition.

Donald didn't like the face lift that trophy wife #1 got (Ivana) and wanted to show her who the boss was.

Donald Trump's ex-wife's claim he 'raped' her resurfaces in new documentary
The allegation comes from a sworn deposition reported in a 1993 book, describing a 'violent assault'

http://www.independent.co.uk/news/p...r-resurfaces-in-new-documentary-a6836151.html

Donald has gone downhill on his selection of trophy wives Aaron. #3 did a lesbian photo shoot several years back, hardly "First Lady" material.

See NY Post article "Melania Trump’s girl-on-girl photos from racy shoot revealed"
By Isabel Vincent
August 1, 2016

MMMAG (Multiple Marriages Make America Great)

Or at least Donald Trump thinks so...
 

jgarden

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Narcissistic personality disorder

Narcissistic personality disorder (NPD) is a personality disorder in which there is a long-term pattern of abnormal behavior characterized by exaggerated feelings of self-importance, an excessive need for admiration, and a lack of understanding of others' feelings.

1.Grandiosity with expectations of superior treatment from other people

2.Fixated on fantasies of power, success, intelligence, attractiveness, etc.

3.Self-perception of being unique, superior, and associated with high-status people and institutions

4.Needing continual admiration from others

5.Sense of entitlement to special treatment and to obedience from others

6.Exploitative of others to achieve personal gain

7.Unwilling to empathize with the feelings, wishes, and needs of other people

8.Intensely envious of others, and the belief that others are equally envious of them

9.Pompous and arrogant demeanor

https://en.wikipedia.org/wiki/Narcissistic_personality_disorder

All the above are reflected in Trump's daily behaviour - what other President has his "followers" conditioned to ensure that he "gets the credit he deserves!"
 

jgarden

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I'm not surprised, the more Trump keeps winning the more the bashers have to reach into the distant past for Fake News. Shameful.

How quick they forget - for the last 8 years, conservative "birthers," under the leadership of "Sir Donald," were trying to convince the American public that the it was unconstitutional for Barrack Obama to elected President!

Now that Trump is President, they presume to lecture the rest of us about "Fake News" with a straight face - oblivious to the fact that they had spent all those years promoting a lie!
 

Tambora

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"Get on board"? Get on board with what? The "Trump train"? Cos that's what this thread seems pretty much tantamount to. Your idea of 'making America great again' seems to revolve around just that.

It is not 'hating America' to want that embarrassing, sexually assaulting, inept, egotistical crank out of the WH and someone at least remotely qualified to be at the helm of your country Tam. It is anything but. You get that? Now if you just wanna post a continual stream of cringe inducing 'I Love Trump' videos and a place to say how much you love the tic-tac eating groper under the guise of MAGA with no dissenting voices allowed then crack on with it and you can report away until the only people on your blog (cos that's what it would effectively be) are all removed or banned.

Don't be dishonest enough to confuse the recognition of one of the loosest canons in presidential history to be one with hating your country though, because it most certainly isn't.

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How quick they forget - for the last 8 years, conservative "birthers," under the leadership of "Sir Donald," were trying to convince the American public that the it was unconstitutional for Barrack Obama to elected President!

Now that Trump is President, they presume to lecture the rest of us about "Fake News" with a straight face - oblivious to the fact that they had spent all those years promoting a lie!

Ill-mannered, low class, hate filled, lying trolls is all you two are being today.
Just couldn't let anyone here have a nice time and be happy about things, could ya?
Hell no! You will have none of that!
You would rather moan and groan about every little thing and make everyone miserable.
On and on and on, yall's hatred and put downs are all you live for in every single thread.
It's pathetic and you are being nothing but devious uncouth little trolls.

Did your mothers not teach you any manners at all???????????????????????
Any??????
Can ya have any?
Just for one thread?????????
Nope.
Ya just gotta keep being jerks.
And on Christmas, at that.
 

jgarden

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I didn't and I don't know if anybody here did, but again, who cares?

For 8 years, "The Donald" did everything in his power to undermine the legitimacy of America's first "black" President - but the moment he enters the White House, we're all supposed to join hands and sing "Kumbaya!"

Trump is "reaping" exactly what he "sowed!"
 
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