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Aug 23, 2016 18:18:46 GMT -6
Post by bblwi on Aug 23, 2016 18:18:46 GMT -6
The rates are half of what they were pre 1980s and yet job creation and job growth is much lower than it was previously. So really the idea of taxing the wealthy less so they will invest more in economic growth has not happened and it appears it may not. With lower taxation most large businesses have made the decision to sit on cash instead of growing or investing in tax shelters off shore even though they are half as valuable to them today as there were 40 years ago. In reality on a global scale taxation is not the reason US companies are not willing to grow, it is that labor costs are too high here and that is in an economy that has had almost zero growth in wages in a generation in real dollars. It goes to show in many ways that US companies are not nearly as competitive in a global market as we would like to think them to be. Those firms staying here and paying higher wages are doing well and have good markets in certain technologies and high end manufacturing. This job growth drought and downward spiral has occurred while the union workforce has dwindled substantially and thus many of the arguments that are used to state why we are not growing economically don't have the evidence statistically to prove that point. Mindsets are hard to change and we may have to go through a new business and upper management model to figure this out. I can see why Trump is popular with big business or any business who would not want to pay less for services and expand services and have someone else pay the bill. Those that believe in that premise or fall for it I can see why they are not as successful as they could be. Globally there are huge conglomerates that are buying out US firms frequently. We lead the world in the total energy business, but we use most of that here so there is no big economic boost to us other than internal. Ditto large banks and as long as the dollar is used for to price oil and is strong the banks will do okay but our export businesses will suffer dramatically.
Bryce
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Aug 23, 2016 20:37:03 GMT -6
Post by trappincoyotes39 on Aug 23, 2016 20:37:03 GMT -6
Has nothing to do with unions going by the way side, Ford motor company has set new higher guilines that cap the rate of pay and their PT work force has went up a lot, the ford truck plant is 20 miles down the road and I know plenty who work there and they have told me of these new models of hiring, cost control will never take place with high taxes or super inflated wages. Again what good does it do producing products that very few can afford?
Ford did not come out with the aluminum body truck to be cool, they are trying to get above the curve set fourth by Obama on MPG and emissions that is the reason for the new body style at a very high cost, penalties paid for not meeting those guidelines are steep and kill business as well, again things the main stream media will not report on.
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Aug 23, 2016 22:05:01 GMT -6
Post by bblwi on Aug 23, 2016 22:05:01 GMT -6
Auto sales have been doing very well and maybe at the expense or loss of other big ticket items or other consumer spending. Even if the cost does not rise much if persons hired are LT or not full time etc. then they can't afford lower cost vehicles either. Wages paid for imports from Germany, Japan, Korea, France and Italy are manufactured in countries with comparable labor and manufacturing costs. Sending our work to Mexico, Spain and other nations lowers our cost but not what the specs are. The specs on autos built in several other nations are higher than they are here for many factors.
Bryce
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Aug 24, 2016 5:41:05 GMT -6
via mobile
Post by trappincoyotes39 on Aug 24, 2016 5:41:05 GMT -6
The only reason auto sales are moving at all is because 0% financing with very loose credit checks right now in our nation between automobile loans in student loans we have as a nation $10 trillion in debt between the two
Many automobile manufacturers have no choice but to risk and gamble on some of these loans otherwise sales would be way way off
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Aug 24, 2016 6:57:23 GMT -6
Post by trappnman on Aug 24, 2016 6:57:23 GMT -6
tax rate percentage means everything.
I read nothing that followed your first sentence- because anything after than, if it was related to your claim, could be nothing but nonsense and my level for that is full.
let everyone pay a flat tax on income.
the wealthy don't want it, because then they would have to pay taxes on true income, not what they have left after all the loopholes and tax breaks
if I ever have a heart attack, someone check this forum to see if TC actually understood simple facts.
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Aug 24, 2016 6:58:33 GMT -6
Post by trappnman on Aug 24, 2016 6:58:33 GMT -6
man, reading TCs other posts- I am truly astounded as to his lack of knowledge on events and things happening in the world.
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Aug 24, 2016 16:29:29 GMT -6
Post by trappincoyotes39 on Aug 24, 2016 16:29:29 GMT -6
Tman those who receive earned income credit would never like a flat tax as they would get nothing back and actually have to pay something in. I am all for a flat tax no breaks across the board and that flat tax is all income even if it comes from the govt correct? We will flat tax social security so all,other govt funding must be flat taxed as well, as all of,those loop holes would be gone as well correct? I would love to see the one where woman receiving child support do not have to report it as income, yet the man does, so a flat tax is just that a flat tax correct? Zero loop,hold across th Baird from the poorest of the poor to the richest of the rich, let's get it done tomorrow I am 100 percent on board with such a tax. Astounded on my lack of views of what is going on around the world? Better look at YOUR president who stated and I can post the video clip if you like, " thie world has never been safer than it is today" LMAO. Yet your worried about one working man living in Missouri? This is the president telling you he has zero knowledge of what is going on in the world, I could list a lot of it if needed, but your focused on some working dude in Missouri and my lack of world knowledge lmao. What the heck here are his words , words I might add make zero common or factual sense and nothing he can prove to be accurate. pjmedia.com/trending/2016/07/22/obama-the-world-has-never-been-less-violent/
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Aug 24, 2016 22:09:45 GMT -6
Post by bblwi on Aug 24, 2016 22:09:45 GMT -6
There are many who receive EIC who would be glad to earn enough not to collect the credit. You also have to realize that those with higher incomes say 60 t0 120K per year with 3 children 17 our under will give up their $1,000 tax credit per child so you may have some of those not wanting to see that lost either.
Yes with a flat tax that will be on all income be that earned, welfare, capital gain etc. the wealthy will pay a much higher percentage of the total tax then they do now. If you use 5% say and 80 million tax filers average say 50K in income that would be roughly $2500 per tax payer or about 2 trillion in taxes. If we spend even 3 trillion which is about 20% below the last budget we have to decide where the other 1 trillion will come from. We either have to raise the rates to say 7.5 percent or start some sort of progressive tax structure again or cut a trillion which is going to really difficult over the next 20 years or so. With the income shift to the very few very wealthy over the last 10 plus years the flat tax is really much less attractive to the wealthy and you don't hear many talking much about it anymore either. If you follow statistics as to deaths due to violence or war than the world is far safer today than in almost anytime in history. Terrorism causes us to believe that the killings are way up today but when compared to the almost 60 million lost in the decade of WW11 our losses are numerically much lower and as a percentage of the total population significantly less.
Bryce
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Aug 25, 2016 5:47:42 GMT -6
via mobile
Post by trappincoyotes39 on Aug 25, 2016 5:47:42 GMT -6
Price comparing a world war two what we have been facing for the past decade decade and a half I don't think it's fair our country or world is not the safest in modern history there are many countries that go in fear every day of terrorist activities we have an administration that is not been as hard as they could be on these activities and there is proof of that
We look in the daily newspapers and online we see the murder rates in Chicago every day Kansas City we see all the terrorist attacks daily around the globe the world is not the safest it's ever been you can pull numbers to sway anything anyway you which but common sense will tell you we must do something better IsIS a terrorist group that is growing weekly that is a fact.
human life today has far less regard didn't did 20-30 years ago
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Aug 25, 2016 5:49:55 GMT -6
Post by trappnman on Aug 25, 2016 5:49:55 GMT -6
why is it TC- whenever you post an opinion as fact, and its debunked immediately, you change the subject?
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Aug 25, 2016 8:26:10 GMT -6
Post by bblwi on Aug 25, 2016 8:26:10 GMT -6
Wow, 60 million was people who died not a price check on aisle 3. I can see now why these debates are difficult.
Bryce
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Aug 25, 2016 17:39:07 GMT -6
Post by trappincoyotes39 on Aug 25, 2016 17:39:07 GMT -6
Tman what are YOU talking about? I was answering Bryce. What did you debunk exactly? Nothing is what I see.
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Aug 26, 2016 5:59:45 GMT -6
Post by trappnman on Aug 26, 2016 5:59:45 GMT -6
on any subject, on any topic- its your pattern.
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Aug 26, 2016 19:03:27 GMT -6
Post by redsnow on Aug 26, 2016 19:03:27 GMT -6
One of my biggest peeves is the size of government.
All of the free goodies and handouts.
The government should handle our money, the exact same way as we do, with our personal checkbook. If you've only got a $100 in the bank, you can't write a check for more than $100.
Does that make sense to any of you? It'd be almost like me writing out a check for $1,000,000.00 and tell the bank, I'll get it paid up next time. Reckon that would work?
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Aug 26, 2016 19:20:05 GMT -6
Post by trappincoyotes39 on Aug 26, 2016 19:20:05 GMT -6
Redsnow the liberals do not and will not comprehend any of what you posted, as to keep people,under their thumb is what keeps,them in power, the more beholden you and I are to them the better they like it. That is one million percent fact. They want no one to prosper on their own, as if you do then you have the freedom to pick and choose on your own merit. That scares them to death.
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Aug 26, 2016 19:22:31 GMT -6
Post by trappincoyotes39 on Aug 26, 2016 19:22:31 GMT -6
Class war fair and race baiting is their agenda. Look at minorities and how they always vote for the left and yet none of them any better off what so ever voting the way they do.
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Aug 26, 2016 20:34:31 GMT -6
Post by bblwi on Aug 26, 2016 20:34:31 GMT -6
The federal government is borrowing those funds and for programs that were voted on, maybe not by all but that is what happens and I am sure it peeves many that there are many investors lined up to loan the US government money as it is considered a good debt. I am not in favor of being that highly in debt but I am not one that hates my government because I feel it is too big or too small or whatever. Our government with all its faults still has done a very good job helping our private sector be creative and productive and it will continue to do so for many decades. If we want an economy that will or would function without government we need to have far more income parity then we do now. The way we have moved the last decades creates even more worry about economic growth without government than before. With the huge shift in where the income has gone over the last 20 years it is no wonder the taxes on the fewer rich have gone up a lot that is the only place with real economic growth and no matter what taxation system we have the richer one is the more one will pay.
Bryce
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Aug 27, 2016 0:48:12 GMT -6
Post by PamIsMe on Aug 27, 2016 0:48:12 GMT -6
"Class war fair and race baiting is their agenda."
Have you actually listened to any of The Donald's speeches? It isn't the Dem's who are promoting those things.
Pam
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Aug 27, 2016 6:17:36 GMT -6
Post by trappincoyotes39 on Aug 27, 2016 6:17:36 GMT -6
Pam come you cannot be serious with that comment? Your president Obama has been doing such since day one in office, it has been a standard ply of the left for at least 20 years. If I can gather a ton of proof for you easy enough. There is no denying the facts class war fair and race baiting are the main stay of the Liberial left, come at least let us all be honest in our assements.
Clinton saying the closing of drivers license offices in Alabama is a blast from the Jim Crow past? Saying it is because of color, they closed down drivers licenses offices in some areas of the state? I could post all kinds of stuff from her years as a DC insider showing race baiting. I mean at least be honest the facts are there.
Facts are republicans. Like to lower taxes and liberials like to raise them and race bait and use class war fair for their podium for elections. Obama has taken it to another level as president and plenty of facts to support such as well.
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Aug 27, 2016 6:47:19 GMT -6
Post by redsnow on Aug 27, 2016 6:47:19 GMT -6
Just my opinion, the government can't do anything as effectively or at less cost than folks in the private sector.
The possible exception, might be our military. I'm not sure about that?
Second thought, our government does a sorry job of taking care of our service members and vets!
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