Tax Bill

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:

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But its not just this one day. Wages/Earnings have been increasing for the last year while unemployment continues to decrease off of record levels. Businesses are making decisions based on the environment that the Trump administration is setting forth. That is not debatable.
 
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

Ugh - That line encapsulates the idiotic leftist ideology to a tee.

The governments ROI is awful and we should always think twice giving a dime to them.
 
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

That's hardly a fact.

It's your belief; mine differs. History suggests my belief is more supportable than yours—but it looks like you'll get a couple years to demonstrate the validity of your faith that further enriching the rich enriches us all.
 
That's hardly a fact.

It's your belief; mine differs. History suggests my belief is more supportable than yours—but it looks like you'll get a couple years to demonstrate the validity of your faith that further enriching the rich enriches us all.

May you please first clarify your beliefs and then give the examples which support your point?
 
That's hardly a fact.

It's your belief; mine differs. History suggests my belief is more supportable than yours—but it looks like you'll get a couple years to demonstrate the validity of your faith that further enriching the rich enriches us all.

Are you capable of making an argument without invoking "the rich"

I've got liberal co-workers who are both complaining that this is a tax cut to the rich, while also complaining that their taxes will go up. They don't see the irony that the fact that they own 3 different homes is not a benefit of this bill.

Me? I don't care if the rich get richer. Good for them. I get more money in my pocket. I'm starting my own business. That will allow me to invest more. Good for me, good for my future partners and employees, and good for my future customers.
 
May you please first clarify your beliefs and then give the examples which support your point?

I think means all those successful communist regimes which were really successful after killing millions of people to submit to the fairness doctrine
 
Are you capable of making an argument without invoking "the rich"

I've got liberal co-workers who are both complaining that this is a tax cut to the rich, while also complaining that their taxes will go up. They don't see the irony that the fact that they own 3 different homes is not a benefit of this bill.

Me? I don't care if the rich get richer. Good for them. I get more money in my pocket. I'm starting my own business. That will allow me to invest more. Good for me, good for my future partners and employees, and good for my future customers.

And again - Of course wealthier people are going to see more benefits of tax reform. THEY PAY MOST OF THE TAXES!
 
That's hardly a fact.

Businesses provide income to people. Governments confiscate income

Business provide health care for people. Governments force mandates and increase costs to healthcare

Businesses provide retirement savings for people. Governments force us into a ponzi scheme that is severely underfunded

Businesses provide growth opportunities for people. Governments don't

Businesses provide value to customers by providing products/services that people are willing to pay for. Governments pick winners and losers, increase costs, and force people to buy what they deem good for them
 
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

It's not whether or not the motivations behind decisions are cynical or not, it's that the cynic in me can't help but doubt that these employee/public good initiatives will last past the news cycle. It's undoubtedly good that Wells Fargo and Fifth Third are raising the living conditions for their associates and it doesn't ultimately matter why. What will change my opinion is if future growth leads to similar decisions by these types of companies. Until that happens, I will at least wonder if they're trying to influence public opinion by making a token improvement for employees instead of exhibiting a pattern of behavior.
 
Businesses provide income to people. Governments confiscate income

Business provide health care for people. Governments force mandates and increase costs to healthcare

Businesses provide retirement savings for people. Governments force us into a ponzi scheme that is severely underfunded

Businesses provide growth opportunities for people. Governments don't

Businesses provide value to customers by providing products/services that people are willing to pay for. Governments pick winners and losers, increase costs, and force people to buy what they deem good for them

This is a series of either beliefs or at the very least statements with a value judgment that muddies the factual part of the statements. I'm not going to try to convince you that you're wrong about government vs. business, but at least provide facts when rebutting the idea that you're giving beliefs rather than facts.
 
But its not just this one day. Wages/Earnings have been increasing for the last year while unemployment continues to decrease off of record levels. Businesses are making decisions based on the environment that the Trump administration is setting forth. That is not debatable.

Well I'm certainly not going to debate whether or not easing a bunch of regulations on businesses is in fact good for them, because of course it is. However, there are those of us who care just as much about people/things affected by the easing of those regulations, and the impact on them is much more open for debate.
 
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.

Okay, I have been in favor of the tax reform with some reservations about who primarily benefited, but this is double take territory. Just how much are they saving if it convinced them to cut 100 million dollars worth of bonus checks?
 
Okay, I have been in favor of the tax reform with some reservations about who primarily benefited, but this is double take territory. Just how much are they saving if it convinced them to cut 100 million dollars worth of bonus checks?

14% more which is a lot of money. That creates jobs (creating more tax reveneue), increases workers pay which promotes spending which again creates jobs. It also encourage investment which creates more jobs. It allows more dividends to shareholders who are everyday american which again promotes spending and more jobs.

This is the crux of the argument for tax reform. We need to empower our businesses and allow them to make decisions to grow.
 
I have zero faith that a bill that was rushed into law will work the way they say it will. I feel it's far more likely that it'll flop than anything else. Hopefully I'm wrong but the way this bill was done is another reason why I left the GOP.
 
14% more which is a lot of money. That creates jobs (creating more tax reveneue), increases workers pay which promotes spending which again creates jobs. It also encourage investment which creates more jobs. It allows more dividends to shareholders who are everyday american which again promotes spending and more jobs.

This is the crux of the argument for tax reform. We need to empower our businesses and allow them to make decisions to grow.

Dividends and bonuses are taxed as well...
 
I have zero faith that a bill that was rushed into law will work the way they say it will. I feel it's far more likely that it'll flop than anything else. Hopefully I'm wrong but the way this bill was done is another reason why I left the GOP.

That’s the same thing we said about ACA
 
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LOL at the left. What a terrible day for their awful ideology.

For the record, I resent this type of bull****. Like it or not, we're on this ride together, and if it turns out I'm wrong and you're right about the tax bill and its overall effect on Americans, it's not an awful day. The fact that Wells Fargo employees will make more money starting today does not make me sad or upset. I'm not against businesses prospering and helping communities and employees, regardless of what the impetus for the success was. At this point I have a lot of concerns regarding the environment and the lower class. Why the **** would I also want the economy to suffer?
 
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