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  1. #13
    Join Date
    Mar 2015
    Location
    Pasadena, MD
    Posts
    12,189

    Re: Why do republicans hate america and our heroes?

    Quote Originally Posted by wickedsolo View Post
    I feel like Rand Paul is probably the only person in Congress that consistently seems to give a shit about the budget and absurd spending.
    Pretty much

    Sent from my XT1254 using Tapatalk





  2. #14

    Re: Why do republicans hate america and our heroes?

    Quote Originally Posted by WrongBaldy View Post
    of course not
    tax cuts create 5% GDP and huge CAPEX spending by corporations lol
    Not enjoying the great economy there baldly??





  3. #15
    Join Date
    Aug 2006
    Location
    Carroll County
    Posts
    6,329
    Blog Entries
    1

    Re: Why do republicans hate america and our heroes?

    Quote Originally Posted by blah3 View Post
    Not enjoying the great economy there baldly??
    Nah cause he just found out the $15 minimum wage promise doesn't include trolls.





  4. #16

    Re: Why do republicans hate america and our heroes?

    Quote Originally Posted by blah3 View Post
    Not enjoying the great economy there baldly??
    i love the stock market Blah3.

    btw you lost all credibility when you falsely claimed that the tax cuts will lead to substantial CAPEX spending and such.
    THe fact is that 80%+ of the cuts were spent on buybacks and dividends.





  5. #17

    Re: Why do republicans hate america and our heroes?

    Quote Originally Posted by CarrollCoRaven View Post
    Nah cause he just found out the $15 minimum wage promise doesn't include trolls.
    thats weak buddy even for you LOL





  6. #18

    Re: Why do republicans hate america and our heroes?

    socialist republicans/president have given farmers $28 BILLION in subsidies over the last 2 years.
    socialism is unacceptable





  7. #19

    Re: Why do republicans hate america and our heroes?

    Quote Originally Posted by WrongBaldy View Post
    i love the stock market Blah3.

    btw you lost all credibility when you falsely claimed that the tax cuts will lead to substantial CAPEX spending and such.
    THe fact is that 80%+ of the cuts were spent on buybacks and dividends.
    Well I’m not one to say buybacks are bad.
    But you are wrong about re investment
    https://www.google.com/amp/s/beta.wa...outputType=amp





  8. #20

    Re: Why do republicans hate america and our heroes?

    Quote Originally Posted by WrongBaldy View Post
    socialist republicans/president have given farmers $28 BILLION in subsidies over the last 2 years.
    socialism is unacceptable
    Farmers have been given subsidies forever. That’s a two party problem





  9. #21

    Re: Why do republicans hate america and our heroes?

    I always laugh when liberals say that “corporate tax cuts costs the government money”. It’s the most absurd thing ever! The past two years the government has seen a rise in revenues due to those tax cuts. The reason is REALLY simple. If it costs me less money to figure out a way around taxes, then I do that. If taxes are bearable, then I just pay them. 98% of Corporations don’t have certain loopholes and subsidies so they have to find relief from taxes if they are just too high through other methods. Also, if corporations have more profit on hand, they hire more people. Those people then ALSO provide additional revenue to the government and cost government less. So... long story short, BECAUSE of the tax cuts, we have more government revenue. Which, in turn pays for more programs. We didn’t “pay” for tax cuts. It’s not even close to a valid argument nor has it been. When Reagan cut taxes, the government also increased its revenue. The deficit isn’t because government doesn’t make enough. It’s because the government spends too much.





  10. #22
    Join Date
    Feb 2009
    Location
    Frederick, MD
    Posts
    61,272
    Blog Entries
    4

    Re: Why do republicans hate america and our heroes?

    Quote Originally Posted by DitkasSausage View Post
    I always laugh when liberals say that “corporate tax cuts costs the government money”. It’s the most absurd thing ever! The past two years the government has seen a rise in revenues due to those tax cuts. The reason is REALLY simple. If it costs me less money to figure out a way around taxes, then I do that. If taxes are bearable, then I just pay them. 98% of Corporations don’t have certain loopholes and subsidies so they have to find relief from taxes if they are just too high through other methods. Also, if corporations have more profit on hand, they hire more people. Those people then ALSO provide additional revenue to the government and cost government less. So... long story short, BECAUSE of the tax cuts, we have more government revenue. Which, in turn pays for more programs. We didn’t “pay” for tax cuts. It’s not even close to a valid argument nor has it been. When Reagan cut taxes, the government also increased its revenue. The deficit isn’t because government doesn’t make enough. It’s because the government spends too much.
    And on a lot of stupid things.
    Disclaimer: The content posted is of my own opinion.





  11. #23

    Re: Why do republicans hate america and our heroes?

    WOW
    why GOP hates america so much? TRAITORS??????????


    https://thehill.com/homenews/senate/...security-bills
    Last edited by WrongBaldy; 07-25-2019 at 03:32 PM.





  12. #24

    Re: Why do republicans hate america and our heroes?

    Quote Originally Posted by blah3 View Post
    Well I’m not one to say buybacks are bad.
    But you are wrong about re investment
    https://www.google.com/amp/s/beta.wa...outputType=amp
    https://www.marketwatch.com/story/af...ink-2019-06-10

    But corporations were also very eager to return tax savings to shareholders, as evidenced by the 60.4% rise in shareholder buybacks from 2017 to 2018.
    More worrying, however, is that the jump in capital expenditures may already be running out of gas, even though the corporate tax cut was made permanent. Business investment spiked in the first and second quarters of last year, rising 11.7% and 8.7%, respectively, but has steadily fallen since that point, and only rose 2.7% in the first quarter of 2019.
    there are 2 nice graph in there too, will help you understand better

    -------------------------------------------
    Here is a nice read: https://www.everycrsreport.com/files...26d75d35f4.pdf

    summary in this article: https://www.vox.com/policy-and-polit...s-act-analysis
    Otherwise, GDP growth was level with pre-tax cut projections. Wage growth was marginal and slower than GDP. And while companies did use their windfall from the tax cut, as Vox’s Emily Stewart has been covering, “relatively little was directed to paying worker bonuses,” according to CRS.It’s difficult to overstate just how weak the tax law’s influence was. Investments in US businesses did not seem to respond at all to the law’s provisions.
    “Although investment grew significantly, the growth patterns for different types of assets do not appear to be consistent with the direction and size of the supply-side incentive effects one would expect from the tax changes,” the CRS researchers said. “This potential outcome may raise questions about how much longer-run growth will result from the tax revision.”


    It is more an indictment of the staid nature of the American tax code than a credit to Republicans that the 2017 law still is the most significant rewrite of the tax statute in a generation. It appears the GOP squandered — or exploited — that opportunity to write a plan that primarily put more money in corporate coffers.
    unless you think the report is a lie LOL





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