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Thread: Tax Bill

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    Can’t say I saw this reaction from corporate America coming, but good on them.

    Awful quiet around here
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    Quote Originally Posted by Tapate50 View Post
    Can’t say I saw this reaction from corporate America coming, but good on them.

    Awful quiet around here
    Just waiting and seeing.

    Trump championed the Carrier deal and months later they still cut the same jobs anyways. Had his buddy from Ford announce investment then weeks later Ford announced thousands of jobs cut worldwide. Seeing big corporations give lip service in the short term to change morale is no different than Trump telling his supporters for weeks he's losing on this tax-deal when he's not.
    Forever Fredi


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  5. #84
    Very Flirtatious, but Doubts What Love Is. jpx7's Avatar
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    Quote Originally Posted by Tapate50 View Post
    Can’t say I saw this reaction from corporate America coming, but good on them.

    Awful quiet around here
    I'm very skeptical that this is more than a short-term good show: these corporations are well aware that this corporate tax relief needs to look like it does something beneficial for the low- and middle-income masses if they want to keep this high-income- and corporation-favoring regime pulling institutional levers for more than the next year or three. And a savvy way to do that is a little near-term, one-off "stimulus" to workers, even if they have no long-term designs to consistently re-invest in labor.

    But hey, it's better than just sitting on their huge profits, as they have been doing and largely tend to do. Nevertheless, to echo FearlessLeader, I'm very much wait-&-see on this being anything more than what I outlined.
    Last edited by jpx7; 12-20-2017 at 03:44 PM.
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    Lost in all this is Trump’s continued assault on our environment and natural wonders.

    Opened up ANWR in the bill.
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    Quote Originally Posted by Forever Fredi View Post
    Lost in all this is Trump’s continued assault on our environment and natural wonders.

    Opened up ANWR in the bill.
    Not lost on me. Just depressing the hell out of me.
    "For all his tattooings he was on the whole a clean, comely looking cannibal."

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    Fifth Third Bancorp raising company min wage to $15/hr and giving $1,000 bonus to employees after tax cuts pass

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    But its more than just this one time. Wages have been increasing. Total earnings have been increasing. Unemployment continues to decrease at historically low levels which is incredible.

    At some point I hope you guys connect these dots and see how these types of economic policies are the ones we need to adopt long term to really ensure that Americans are better off.
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    Quote Originally Posted by sturg33 View Post
    Fifth Third Bancorp raising company min wage to $15/hr and giving $1,000 bonus to employees after tax cuts pass
    Eventually the left will realize.
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    Quote Originally Posted by thethe View Post
    Eventually the left will realize.
    I no longer have this hope. The left has gone so far crazy that they openly embrace communism and socialism despite empirical and indisputable data showing how terrible they are

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    Quote Originally Posted by sturg33 View Post
    I no longer have this hope. The left has gone so far crazy that they openly embrace communism and socialism despite empirical and indisputable data showing how terrible they are
    I'm just not sure how they can hide from the truth much longer. Unemployment has plummeted and this is across all demographics. People are seeing their total earnings rise. They are paying less in taxes.

    I can't stand the argument that the wealthy are seeing more tax breaks. Why wouldn't they? They are the ones that pay the majority of the federal income tax obligation. it makes no sense.
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    Quote Originally Posted by sturg33 View Post
    I no longer have this hope. The left has gone so far crazy that they openly embrace communism and socialism despite empirical and indisputable data showing how terrible they are

    They are going ape**** on facebook over this bill

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    Quote Originally Posted by sturg33 View Post
    Not a good day for the socialists/communists.

    Wonder how this is going to be portrayed on MSNBC/CNN tonight. Do they even mention it. You look on Huffington Post and all it talks about is the evil of tax reform.
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    Quote Originally Posted by thethe View Post
    Not a good day for the socialists/communists.

    Wonder how this is going to be portrayed on MSNBC/CNN tonight. Do they even mention it. You look on Huffington Post and all it talks about is the evil of tax reform.
    Of course it won't be mentioned.

    The only way people's lives can be improved in their eyes is through government redistribution

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    Was just about to post that

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    If America's CEO's hearts truly grow three sizes today and from now on trickle down economics works, then I'll happily get on board with tax reform. However, I am not convinced that a handful of companies offering increases are necessarily neither things already agreed upon and re-announced, or posturing to get public support on the side of big business. Call me a cynic, but it will take a lot more than this to convince me.

    Case in point:

    Last edited by mqt; 12-20-2017 at 07:04 PM.

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    Quote Originally Posted by mqt View Post
    If America's CEO's hearts truly grow three sizes today and from now on trickle down economics works, then I'll happily get on board with tax reform. However, I am not convinced that a handful of companies offering increases are necessarily neither things already agreed upon and re-announced, or posturing to get public support on the side of big business. Call me a cynic, but it will take a lot more than this to convince me.

    Case in point:

    I don't care what their reasoning is. Fact is business does more good for people than government. I'd rather businesses have the money than government. And whether the motivations are sincere or cynical, those people still have thousands of dollars more today than yesterday. And that's quite an improvement over the "You didn't build that" administration

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