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Thread: Political News and Policies

  1. #1476
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    Default Re: Political News and Policies

    Quote Originally Posted by Since86 View Post
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    Lowering taxes would lower your cost, allowing you to sell your products/servics at a lower price point, which would would do what to demand?

    Thinking taxes isnt directly related to supply v demand is quite interesting.

    As far as GWB, tax cuts are a waste when govt spending continues to grow. So I'd find an actual fiscal conservative to point at rather than a democrat-lite spender.

    And if taxes don't impact job creation, then let's tax at 100%. Or are we going to admit that's absurd because it would remove the ability to pay your employees?

    Theres not a magical level where taxes suddenly get too high and impact ability to hire and pay employees. When you acknowledge a 100% tax rate for corps would decimate jobs youre acknowledging the concept in general.

    It's a balancing act. (Its also called the Laffer Curve) Denying reality is the ********.

    Or they can keep prices the same and give more money to their CEO's (what is actually happening).
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    Default Re: Political News and Policies

    Some do. Others don't.

    But the ones that do should just give the same lip service that Bernie gives, and then you'd defend them. As long as they talk a good game, while lining their pockets, it's all good.
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    Default Re: Political News and Policies

    Quote Originally Posted by Heisenberg View Post
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    Not intended as a knock on Trump at all, but the American Red Cross is a pretty awful nonprofit

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    Default Re: Political News and Policies

    Quote Originally Posted by Since86 View Post
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    Some do. Others don't.

    But the ones that do should just give the same lip service that Bernie gives, and then you'd defend them. As long as they talk a good game, while lining their pockets, it's all good.

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    Default Re: Political News and Policies

    http://bnonews.com/news/index.php/news/id6460

    Equifax said in a statement on Thursday afternoon that criminals exploited a vulnerability on a U.S. website to gain access to certain files from mid-May through July. The agency's core databases are not believed to have been affected.

    According to the company, the criminals primarily accessed information such as names, Social Security numbers, birth dates, addresses and, in some instances, driver's license numbers. They also accessed credit card numbers for 209,000 U.S. consumers and dispute documents with personal identifying information for 182,000 U.S. consumers.

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    Default Re: Political News and Policies

    Just saw this on twitter

    http://mobile.reuters.com/article/amp/idUSKCN1BI2JN
    FBI chief sees no evidence of White House interference in Russia probe

    (Reuters) - FBI Director Christopher Wray said on Thursday he has "not detected any whiff of interference" by the White House into the ongoing investigation into Russian meddling in the 2016 presidential election.
    Speaking publicly for the first time since being confirmed as head of the Federal Bureau of Investigation, Wray also expressed confidence in Robert Mueller, the special counsel investigating whether President Donald Trump's campaign colluded with Russia during the election.
    "I can say very confidently that I have not detected any whiff of interference with that investigation," Wray said during a panel discussion at the Intelligence and National Security Summit in Washington.

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    Default Re: Political News and Policies

    Quote Originally Posted by vapacersfan View Post
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    And this has never been the argument, good try though.
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    Default Re: Political News and Policies

    Quote Originally Posted by vapacersfan View Post
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    Just saw this on twitter

    http://mobile.reuters.com/article/amp/idUSKCN1BI2JN
    FBI chief sees no evidence of White House interference in Russia probe

    (Reuters) - FBI Director Christopher Wray said on Thursday he has "not detected any whiff of interference" by the White House into the ongoing investigation into Russian meddling in the 2016 presidential election.
    Speaking publicly for the first time since being confirmed as head of the Federal Bureau of Investigation, Wray also expressed confidence in Robert Mueller, the special counsel investigating whether President Donald Trump's campaign colluded with Russia during the election.
    "I can say very confidently that I have not detected any whiff of interference with that investigation," Wray said during a panel discussion at the Intelligence and National Security Summit in Washington.
    The guy that has been appointed by the orange clown said this? No way ....
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    Default Re: Political News and Policies

    Also funny how Trumpfters believe the new FBI chief but the old one was fake news lol
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    Default Re: Political News and Policies

    Quote Originally Posted by vapacersfan View Post
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    Prez/CEO pay is a poor metric, navigating the waters of massive charities requires legitimate expertise that requires a competitive compensation. in theory. there's a lot of instances I could list but the best catchall is this. best thing to do is go as local as possible (this doesn't mean give to I'm Joe from Houston, this my GoFundMe for Harvey Relief obviously). tech's made it incredibly easy for the donor, and eliminates as much overhead as possible in addition to directly going to a point person that's either there on the ground directly or closeby and intimately familiar.

    kind of analogous to the local mayor directing property tax spending in contrast to the senior Senator who hasn't set foot on his Indiana mini-mansion in a decade coming in and saying nah, this is what you do with that money.
    Last edited by Heisenberg; 09-07-2017 at 08:16 PM.

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    Default Re: Political News and Policies

    Fair point. But I have to disagree that every charity needs a CEO making 6 figures.

    I think ink the big thing is, like you said, people have to do their homework.

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    Default Re: Political News and Policies

    Quote Originally Posted by Since86 View Post
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    Lowering taxes would lower your cost, allowing you to sell your products/servics at a lower price point, which would would do what to demand?
    .
    No.... that's not how any of this works.

    Please find a real life example of this happening. No company would ever agree to lower their prices because the government is suddenly collecting 20% less from their profit.



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    Default Re: Political News and Policies

    Quote Originally Posted by vnzla81 View Post
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    And this has never been the argument, good try though.
    Lol okay. "Redistributing" wealth isn't taking from one person to give to another or something.
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    Default Re: Political News and Policies

    Quote Originally Posted by graphic-er View Post
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    No.... that's not how any of this works.

    Please find a real life example of this happening. No company would ever agree to lower their prices because the government is suddenly collecting 20% less from their profit.



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    Cost of taxes is built into cost of goods. That's is true for every single product/service you purchase.

    Even the Huffington Post can admit this.
    http://www.huffingtonpost.com/entry/...b084f59b49faf3

    When govt charges a company a tax, it's passed on to you the consumer. Cost is lowered by multiple ways, one being cost of production going down. This is basic business fundamentals.
    Last edited by Since86; 09-08-2017 at 09:12 AM.
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    Default Re: Political News and Policies

    Yeah because giving tax breaks to Carrier worked out so well .....


    I'm still waiting for them to transfer those tax savings to their products, here is a hint THEY ARE NOT, and they are not creating more jobs either.
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    Default Re: Political News and Policies

    Quote Originally Posted by Since86 View Post
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    Lol okay. "Redistributing" wealth isn't taking from one person to give to another or something.
    That has never been the argument, communism though and all that ....
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    Default Re: Political News and Policies

    Quote Originally Posted by vnzla81 View Post
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    That has never been the argument, communism though and all that ....
    https://www.washingtonpost.com/blogs...=.9a1e97140041

    Even mentions tax policy to be the vehicle to do it.
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    Default Re: Political News and Policies

    Quote Originally Posted by vnzla81 View Post
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    Yeah because giving tax breaks to Carrier worked out so well .....


    I'm still waiting for them to transfer those tax savings to their products, here is a hint THEY ARE NOT, and they are not creating more jobs either.
    Again, they have the choice to do so or not to do so.

    But if lower taxes don't create more jobs then why do liberal states like NY run programs for new businesses to be created in their state and not pay taxes for 10yrs? If what you're saying was true, there would be absolutely zero benefit for the state to do so.
    https://startup.ny.gov
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    Default Re: Political News and Policies

    Quote Originally Posted by Since86 View Post
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    Again, they have the choice to do so or not to do so.

    But if lower taxes don't create more jobs then why do liberal states like NY run programs for new businesses to be created in their state and not pay taxes for 10yrs? If what you're saying was true, there would be absolutely zero benefit for the state to do so.
    https://startup.ny.gov
    Logic is not some peoples strong suit.
    Invest 10-30 years of your life into running a business and try and make it profitable and pay your employees well and then get back to me on your views on taxes.
    As often as some people are on this site I wonder if they have a job even, much less run a business.
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    Quote Originally Posted by Heisenberg View Post
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    Prez/CEO pay is a poor metric, navigating the waters of massive charities requires legitimate expertise that requires a competitive compensation. in theory. there's a lot of instances I could list but the best catchall is this. best thing to do is go as local as possible (this doesn't mean give to I'm Joe from Houston, this my GoFundMe for Harvey Relief obviously). tech's made it incredibly easy for the donor, and eliminates as much overhead as possible in addition to directly going to a point person that's either there on the ground directly or closeby and intimately familiar.

    kind of analogous to the local mayor directing property tax spending in contrast to the senior Senator who hasn't set foot on his Indiana mini-mansion in a decade coming in and saying nah, this is what you do with that money.
    A good way is look at what percentage of the charities money goes toward there actual cause. There is almost no charity that does not have some cost to run it. It is almost impossible unless it is tiny.
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    Default Re: Political News and Policies

    Quote Originally Posted by owl View Post
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    Logic is not some peoples strong suit.
    Invest 10-30 years of your life into running a business and try and make it profitable and pay your employees well and then get back to me on your views on taxes.
    As often as some people are on this site I wonder if they have a job even, much less run a business.
    Business owner here


    The last thing I'm worry about is taxes, also paying whatever I have to pay in taxes every year seems like a patriotic duty to me, you want to have the benefits of living in this country? pay your taxes then.
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    Default Re: Political News and Policies

    Quote Originally Posted by owl View Post
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    Logic is not some peoples strong suit.
    Can I get an AMEN to this ??

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    Default Re: Political News and Policies

    I hope you pay an effective tax rate of 100% since taxes aren't a worry. There's no law against paying more in taxes and it would just show how patriotic you are.

    I know you never would, and I understand why, but I'd love to see your tax return as well. I'd bet anything you take deductions.
    Last edited by Since86; 09-08-2017 at 11:37 AM.
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    Default Re: Political News and Policies

    show me the tax returns vnzla!

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    Default Re: Political News and Policies

    We all know he takes deductions. I doubt there's a single person in America that doesn't. If paying your "fair share" is the patriotic litmus test, we all fail.

    No one likes paying taxes. Some just like telling others they should pay more.
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