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Trump's tax cut didn't trickle down

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Comments

  • 2001400ex2001400ex Member Posts: 29,457

    Hondo FS.

    Yes, I'm sure your understanding of economics is better than mine. Every poast you make just screams, "Well educated in Economics."
    Right. Those businesses just handed the money out to the middle class as promised. Ok!
  • 2001400ex2001400ex Member Posts: 29,457

    I reiterate, Hondo FS. Continue to conflate arguments I guess.
    Didn't think you actually wanted to have a conversation about it.
  • 2001400ex2001400ex Member Posts: 29,457

    He can't help it. HondoFS gonna HondoFS





    And you bring nothing to the table either. Other than delusions of Trump.
  • oregonblitzkriegoregonblitzkrieg Member Posts: 15,288
    Sledog said:

    Where's your explanation Poindexter?

    https://www.theatlantic.com/business/archive/2011/12/hey-barney-frank-the-government-did-cause-the-housing-crisis/249903/
    He doesn't have one. Never does. On anything. Braying ass going to ass.
  • 2001400ex2001400ex Member Posts: 29,457

    You’re so far out of your league here even I feel sort of bad for you.
    Care to bring some counter points?
  • allpurpleallgoldallpurpleallgold Member Posts: 8,771
    2001400ex said:

    Care to bring some counter points?
    I think I can answer for him.

    Something about freedom. Accuse you of using a logical fallacy. Free market. Back to freedom. Another logical fallacy accusation, this one erroneous. And back to the free market.

    I think that covers his whole arsenal.
  • 2001400ex2001400ex Member Posts: 29,457

    I think I can answer for him.

    Something about freedom. Accuse you of using a logical fallacy. Free market. Back to freedom. Another logical fallacy accusation, this one erroneous. And back to the free market.

    I think that covers his whole arsenal.
    You forgot communism and socialism.
  • USMChawkUSMChawk Member Posts: 1,800
    The doubling of the standard deduction is enough that I don’t have to pay an accountant $350.00 to itemize my taxes, as that deduction is now higher than my usual itemized amount. My tax savings should be another $200.00-$300.00 because of the lower adjusted gross income. My company didn’t pay the employees $1000.00, like some companies, but they did use the savings to acquire another business. That’s where the trickle down occurs for me. They've authorized unlimited overtime while the merger and staffing is completed. I look to pull an additional $20k this year, and should average $10k/year in overtime, going forward.
  • 2001400ex2001400ex Member Posts: 29,457
    edited July 2018
    USMChawk said:

    The doubling of the standard deduction is enough that I don’t have to pay an accountant $350.00 to itemize my taxes, as that deduction is now higher than my usual itemized amount. My tax savings should be another $200.00-$300.00 because of the lower adjusted gross income. My company didn’t pay the employees $1000.00, like some companies, but they did use the savings to acquire another business. That’s where the trickle down occurs for me. They've authorized unlimited overtime while the merger and staffing is completed. I look to pull an additional $20k this year, and should average $10k/year in overtime, going forward.

    And usually an acquisition, there are less jobs in the combined company.... Not exactly a job builder, eh?

    And you shouldn't need a CPA to itemize your deductions. For reals. They are very straight forward.
  • USMChawkUSMChawk Member Posts: 1,800
    2001400ex said:

    And usually an acquisition, there are less jobs in the combined company.... Not exactly a job builder, eh?

    And you shouldn't need a CPA to itemize your deductions. For reals. They are very straight forward.
    The company we bought was extremely mismanaged and verging on bankruptcy. The combined staff will be less than what was, but more than what was going to be.

    Without getting into personal details, my tax situation is complex. I could do it myself or I could save the 6-8 hours of aggravation and pay someone else to do it. I choose the latter.
  • SledogSledog Member Posts: 35,865 Standard Supporter
    2001400ex said:

    You forgot communism and socialism.
    They're really the same thing. HTH
  • 2001400ex2001400ex Member Posts: 29,457


    Who exactly is holding a gun to your head telling you to pay taxes?
  • 2001400ex2001400ex Member Posts: 29,457
    USMChawk said:

    The company we bought was extremely mismanaged and verging on bankruptcy. The combined staff will be less than what was, but more than what was going to be.

    Without getting into personal details, my tax situation is complex. I could do it myself or I could save the 6-8 hours of aggravation and pay someone else to do it. I choose the latter.
    Wait a minute. You said you don't have to pay an accountant anymore..... But yet you still do. Which is it? I'll wait until I can prepare my taxes on a postcard.
  • oregonblitzkriegoregonblitzkrieg Member Posts: 15,288
    edited July 2018


    It also gives full permission for voluntary communism, nazism or the creation of a fucking caliphate. @MikeDamone 's silence on this topic speaks volumes.
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