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The "Stay Classy, Republicans" Super Nintendo Chalmers Thread


#6781 Donken   Auditor CAGiversary!   2735 Posts   Joined 11.6 Years Ago  

Posted 02 December 2017 - 07:27 PM

Why?


I don't know for all companies but for mine it means we will have more cash for our projects which will mean more jobs.

I don't like the hurried nature of the bill but I get it too, Democrats have made it clear that there was no version of the bill they would be on board with. The thing I don't like much is that since they were not making it revenue neutral, they had 1.5 trillion of fat to work with. That's why they were able to get everyone on board, all the fence sitters added fat for there states that add to the deficit. That part of it is pretty shameful but not unusual. Every bill has fat added in, both parties do it.

I would have liked to see more cuts to make the bill more revenue neutral. I think it's a shame that both parties are okay with adding trillions to the debt.

It is what it is though, Republicans had to pass something this year or voters and especially rich donors wouldn't be happy.

I'm curious to dissect the final bill and see how it will effect my workplace and me personally.

#6782 Syntax Error   Art School Dropout CAGiversary!   10229 Posts   Joined 5.6 Years Ago  

Syntax Error

Posted 02 December 2017 - 07:31 PM

Democrats complained that the bill is being rushed, even though Obamacare was largely passed in the same way.  Remember "we have to pass the bill to see what's in it?" 

(A) This isn't remotely true.  The ACA spent a year in committees and with numerous hearings and was available to be read.  Pelosi's comment was that, until the bill started working in people's lives, it wasn't easy to explain a ton of pages of legislation.  This tax bill was written behind closed doors where even most members of the GOP Senate didn't know what was in it.  It was intentionally kept as secret as possible to avoid backlash before it could be voted on.

(B) Even if it WAS true, how is that a defense?  No one from the GOP was saying "We really think the ACA was a well legislated bill". 



#6783 Syntax Error   Art School Dropout CAGiversary!   10229 Posts   Joined 5.6 Years Ago  

Syntax Error

Posted 02 December 2017 - 07:32 PM

It is what it is though, Republicans had to pass something this year or voters and especially rich donors wouldn't be happy.

That's what it really came down to.  Pass anything, no matter how ruinous to the American middle and working class, to appease big business and rich donors.



#6784 detectiveconan16   Delicious! CAGiversary!   7079 Posts   Joined 10.9 Years Ago  

detectiveconan16

Posted 02 December 2017 - 08:41 PM

Why would job creators want to create more jobs if they can keep more of the vast amounts of money they have? You conservatives keep talking about how the tax plans will help the working class by giving them what? $1000 to $4000  a year back? And this is while education, health care, the environment, sanitation, FDA, Science and Research, and many non-military programs get cut? You know what happens with that so called fantastic tax cut when the working man has to end up paying more? Gone.

 

You want immediate proof that a very low tax rate creates jobs? Not that stuff about how Bush and Clinton had to raise taxes just to take care of the mess caused by Reagan? Look at Kansas. First result about Kansas and job creation is an piece about how Sam Brownback basically made the state the fourth worst state in terms of job creation. Tax revenue went down, and this year, the State Legislature, despite its heavily Republican lean, raised taxes because the government was running out of money.

 

And why do you support a tax plan that benefits only the rich? The same rich that put the economy in the same gutter that you blame Obama and the Wall Street Elites for? Why do you support giving those George Soros types more money to "ruin Democracy" as you say? Why would job creators who get to keep more of their money from this plan be so benevolent in creating jobs? They would love it if they didn't have to pay any tax, and this bill doesn't even give them an incentive. And Small Businesses? These tax plans won't even affect them that much, unless they're Trump Enterprises.


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#6785 Purple Flames   MC Sucka DJ CAGiversary!   5765 Posts   Joined 12.6 Years Ago  

Purple Flames

Posted 04 December 2017 - 01:09 AM

(A) This isn't remotely true.  The ACA spent a year in committees and with numerous hearings and was available to be read.  Pelosi's comment was that, until the bill started working in people's lives, it wasn't easy to explain a ton of pages of legislation.  This tax bill was written behind closed doors where even most members of the GOP Senate didn't know what was in it.  It was intentionally kept as secret as possible to avoid backlash before it could be voted on.

(B) Even if it WAS true, how is that a defense?  No one from the GOP was saying "We really think the ACA was a well legislated bill". 

And let's not forget there were amendments literally scribbled into the margins of the bill that no one could decipher.

 

If you ain't rich, this bill is gonna Fuck you over hard, but you right-wingers have fun thinking you're temporary embarrassed millionaires.



#6786 detectiveconan16   Delicious! CAGiversary!   7079 Posts   Joined 10.9 Years Ago  

detectiveconan16

Posted 04 December 2017 - 12:58 PM

Why does the President of the United States hate the police? http://www.bbc.com/n...canada-42221042


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#6787 sasquatc4   CAG in Limbo CAGiversary!   1558 Posts   Joined 5.2 Years Ago  

Posted 05 December 2017 - 01:48 AM

what Ive never understood though, why not attack this from the demand side instead of supply side. Why not give tax breaks to the general populace and increase the corporate tax rate. Incentivizing consumers to purchase more, giving companies more profits, which in turn then falls into the same theory of giving them a tax break, they now have more money to invest, expand, create jobs, etc.

 

Except in that scenario both sides win. Where as with supply side economics the producers now have more money, which they theoretically can use to create jobs and expand, but that is it, just more jobs (and corporate profits). At least with demand side breaks you have just made your entire populace happy and you ask the producers to fight over consumers, produce more, and innovate, i.e. capitalism. The other way around you are just incentivizing a glut of supply expansion in which fewer and fewer can afford what is produced unless prices plummet, which they dont (except through the usual course of decades worth of innovations and only in certain areas)

 

In the end you want your populace to be happy, I mean it is supposedly a government for the people. Giving breaks to a faceless, unliving, unfeeling entity who's sole purpose is to generate 'things' over giving those breaks to your actual living and breathing human beings who make up your country seems to be the antithesis to what this country stands for.

 

This is what basically happened last century, and it helped increase consumer confidence and spending. The supply side with reagan helped with some stagnation and inflation issues. Maybe its time we swing back the other way for a while



#6788 dopa345   All around nice guy CAGiversary!   2247 Posts   Joined 13.9 Years Ago  

Posted 05 December 2017 - 10:55 AM

Raising corporate taxes is the last thing you want to do.  Companies will simply shift their home headquarters to a foreign country with a more favorable tax rate.  Under Obama, there was a record number of companies that underwent "corporate inversions" where they would merge with another company in a more favorable tax environment then establish the absorbed company's country as the home base for operations.  This is why countries like Ireland have flourished as the home base or subsidiary for many multinational corporations. 

 

In addition, most US companies have huge hoards of cash based overseas on which they would be taxed at U.S. rates if they brought back to the U.S. which has really curtailed reinvestment (Apple alone has $246 billion dollars overseas!)  Just by lowering the tax rate comparable to other countries will make a huge difference in all this cash being repatriated.  Even if you cynically believe corporations will simply use that cash for huge bonuses and dividends, at least it'll be repatriated to the U.S. and taxed.  It's doing no good for the U.S. economy just sitting around in other countries.



#6789 sasquatc4   CAG in Limbo CAGiversary!   1558 Posts   Joined 5.2 Years Ago  

Posted 05 December 2017 - 05:04 PM

Sounds to me like thats an issue with the tax laws themselves, not the corporate tax rate. Once again a corporation can get preferential treatment over common citizens. A citizen cannot claim to live in a country with minimal income tax all while still actually living, working, and producing with in the USA and not pay US taxes



#6790 detectiveconan16   Delicious! CAGiversary!   7079 Posts   Joined 10.9 Years Ago  

detectiveconan16

Posted 06 December 2017 - 12:04 AM

Under Obama there was a record number of inversions not because of Obama's tax policies (or lack thereof), you seem to forget that his tenure was right after a financial crash that caused many people call for blood. Deciding to move your taxable assets to a foreign country is not a new idea at all, and with crippled or negligent regulatory agencies, that's what people in the business world call an opportunity


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#6791 detectiveconan16   Delicious! CAGiversary!   7079 Posts   Joined 10.9 Years Ago  

detectiveconan16

Posted 06 December 2017 - 11:20 AM

220 people out of 758,000 people may test positive for drugs once Wisconsin finalizes the their testing process for SNAP recipients. How much does a drug test cost? How much does the average person on "food stamps" get? According to Google a drug test SHOULD cost about 40 to $50, but knowing the government, it could cost about $100. The average amount people in Wisconsin get in SNAP benefits is about $108.


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#6792 dopa345   All around nice guy CAGiversary!   2247 Posts   Joined 13.9 Years Ago  

Posted 08 December 2017 - 11:11 AM

I actually agree, drug testing is a dumb idea.  They should just limit the duration that people can be on SNAP (like a year or so) and/or require evidence of actively looking for work or having current employment.



#6793 detectiveconan16   Delicious! CAGiversary!   7079 Posts   Joined 10.9 Years Ago  

detectiveconan16

Posted 08 December 2017 - 12:17 PM

Uh... That is exactly how most Welfare programs work thanks to Bill Clinton. Unless you also expect the elderly and disabled (yuge Trump supporters) to look for work.


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#6794 detectiveconan16   Delicious! CAGiversary!   7079 Posts   Joined 10.9 Years Ago  

detectiveconan16

Posted 16 December 2017 - 01:01 PM

Yas lead in gas.

 

Meanwhile, yeah the tax reform bill is designed to enrich Trump and his buddies, not the deplorable base. http://www.ibtimes.com/political-capital/donald-trump-gop-leaders-could-be-enriched-last-minute-tax-break-inserted-final

 

That tax cut of $4000 is looking pretty nice when everything gets more expensive.


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#6795 detectiveconan16   Delicious! CAGiversary!   7079 Posts   Joined 10.9 Years Ago  

detectiveconan16

Posted 20 December 2017 - 12:11 PM

We're all getting tax cuts, but for most people it's temporary, and the rich tax cuts are permanent, as well as those kickbacks! Never mind it doesn't address rising costs in health care, education, and many more things! What matters is the Republicans won, even if America loses! #MAGA! https://www.nytimes....e-congress.html

 

It's gonna be so great when those job creators trickle down on us peasants!


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#6796 dopa345   All around nice guy CAGiversary!   2247 Posts   Joined 13.9 Years Ago  

Posted 21 December 2017 - 11:10 AM

You mean like these folks?   https://www.washingt...0000-employees/

 

As a bonus, after years of rising crime and murder rates under Obama,  violent crime is in decline after only a year under Trump.



#6797 dopa345   All around nice guy CAGiversary!   2247 Posts   Joined 13.9 Years Ago  

Posted 22 December 2017 - 03:20 AM

Let the trickle down begin:

 

AT&T announces $1,000 bonus for 200,000 workers.

 

Comcast also announces $1,000 bonus for 100,000 workers and pledges $50 billion over five years for infrastructure investment adding thousands of jobs

 

Boeing pledges $300 million investment in worker training, facility upgrades, and matching of worker charitable contributions

 

Fifth Corp Bancorp announces raising minimum wage to $15/hour (something Democrats have prioritized) and $1,000 bonus to 13,500 workers

 

Wells Fargo also announces raising minimum wage to $15/hour and commits to charitable giving of $400 million.



#6798 sasquatc4   CAG in Limbo CAGiversary!   1558 Posts   Joined 5.2 Years Ago  

Posted 22 December 2017 - 05:31 PM

at least for comcast if you look at their past quarterly spending, they were already going to spend 50bil over 5 years. Its all marketing



#6799 dohdough   Sum Dum Guy CAGiversary!   6838 Posts   Joined 8.6 Years Ago  

Posted 23 December 2017 - 02:48 PM

Let the trickle down begin:

 

AT&T announces $1,000 bonus for 200,000 workers.

 

Comcast also announces $1,000 bonus for 100,000 workers and pledges $50 billion over five years for infrastructure investment adding thousands of jobs

 

Boeing pledges $300 million investment in worker training, facility upgrades, and matching of worker charitable contributions

 

Fifth Corp Bancorp announces raising minimum wage to $15/hour (something Democrats have prioritized) and $1,000 bonus to 13,500 workers

 

Wells Fargo also announces raising minimum wage to $15/hour and commits to charitable giving of $400 million.

One time bonuses mean shit, the companies stand to make more back after deductions, plans like these aren't made because of a sudden change in the tax code, and changes to minimum wage aren't made at the drop of the hat either. This is just one huge PR push. But hey, better to get an extra $20 a week for a few years while gutting the social safety net and paying more than $20 a week in increased insurance premiums, of which you've demonstrating absolutely no understanding of.

 

Thanks for playing.


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"Speaking of which, there's another elitist prick that argues constantly on the Politics forums by the name of dohdough. He's a complete douche, but at least he keeps his posts in that cesspool of useless opinions. He gets my runner-up nomination."


Thanks for the nomination for the Most Memorable CAG Villan 2012, Blade!

#6800 detectiveconan16   Delicious! CAGiversary!   7079 Posts   Joined 10.9 Years Ago  

detectiveconan16

Posted 23 December 2017 - 10:28 PM

600 workers lost their jobs at AT&T. Great bonuses. http://www.chicagotr...1222-story.html


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#6801 dopa345   All around nice guy CAGiversary!   2247 Posts   Joined 13.9 Years Ago  

Posted 26 December 2017 - 11:21 PM

Those job cuts are workers involved in the Direct TV acquisition.    Job cuts after mergers are unavoidable but the overwhelming balance is quite positive (AT&T committed to creating 7,000 new jobs as well).

 

Say what you want about Trump, but he has had one of the most successful first years from an economic standpoint for any president in recent memory.



#6802 Msut77   Occam's Shank CAGiversary!   6203 Posts   Joined 13.3 Years Ago  

Posted 31 December 2017 - 08:11 PM

He owes it to Obama
wahhhhh noone helped me so they must not help anyone. - knoell

#6803 Donken   Auditor CAGiversary!   2735 Posts   Joined 11.6 Years Ago  

Posted 02 January 2018 - 04:17 AM

He owes it to Obama


Markets go off of future predictions, as soon as republicans were talking about tax cuts for corporations, that makes the market better. If the tax bill had failed you would have seen a drop in the market.

We are overdue for a drop in the market and I think this tax cut only postponed it and will make it worse once it hits. Presidents always try to fight the cycle of the free market but it eventually will level out.

#6804 dopa345   All around nice guy CAGiversary!   2247 Posts   Joined 13.9 Years Ago  

Posted 06 January 2018 - 02:17 PM

2018 should still be very strong for the market and I predict another 10-15% gain since the tax bill opens the way for repatriation of overseas cash which will inject a massive amount of capital into the economy.  The economy is still smoking with unemployment remain at 4.1% with  record lows in black and hispanic unemployment

 

2019 could be dicey, especially if the Democrats regain majority in the House, though I actually think Democratic optimism is a bit too unbridled.  The media has done a great job demonizing anyone who expresses any support about Trump so I think there are a lot of folks like myself who viewing his overall performance with an objective eye, who can understand that there some clear positives in his first year and do see there is some basis for Trump's disdain for the media (rampant sexual harassment issues, false reporting by major news networks).  I think there are a significant number of hidden mainstream Trump supporters who just aren't open about it due to fears of social and work backlash.



#6805 Msut77   Occam's Shank CAGiversary!   6203 Posts   Joined 13.3 Years Ago  

Posted 06 January 2018 - 04:35 PM

Dopa you think Don polls this badly because the media is mean to him?
wahhhhh noone helped me so they must not help anyone. - knoell

#6806 Msut77   Occam's Shank CAGiversary!   6203 Posts   Joined 13.3 Years Ago  

Posted 09 January 2018 - 12:19 PM

Guess not. Can't wait for Mueller to interview Trump
wahhhhh noone helped me so they must not help anyone. - knoell

#6807 detectiveconan16   Delicious! CAGiversary!   7079 Posts   Joined 10.9 Years Ago  

detectiveconan16

Posted 11 January 2018 - 11:31 PM

Greatest President ever, engages in pissing matches with s-hole countries.


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#6808 Msut77   Occam's Shank CAGiversary!   6203 Posts   Joined 13.3 Years Ago  

Posted 13 January 2018 - 02:48 AM

Now that the hookers are coming out of the woodwork...
wahhhhh noone helped me so they must not help anyone. - knoell

#6809 detectiveconan16   Delicious! CAGiversary!   7079 Posts   Joined 10.9 Years Ago  

detectiveconan16

Posted 14 January 2018 - 01:54 PM

https://www.washingt...m=.ea1bd8620408

 

States will tackle Medicaid reform, force the poor to pay premiums, and impose lots of other bureaucratic nonsense. Who cares if red states are hurting their deplorables, MAGA!


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#6810 dopa345   All around nice guy CAGiversary!   2247 Posts   Joined 13.9 Years Ago  

Posted 15 January 2018 - 10:55 AM

Perfectly reasonable to require able bodied Medicaid recipients to work and pay premiums just like the rest of us who actually work and have to pay premiums from insurance we get from our own jobs.  Not sure why this is so controversial.