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LOL-hahahahaha-joey and mirror-LOL!!!!!!!!!!!!!!!!!!!
Says the guy who has NEVER owned or ran a business, doesn't know the difference between an Asset and Liability, and "thinks" he's schooling others.
anon_961a0 saysI have revenue - expenses= profit.Please explain why lowering taxes would make a company spend money on expenses?
Sniper saysA business can only split the "pie" in so many ways. By reducing it's tax burden, it frees up capital for use in other areas like, hiring new employees, higher wages, better benefits, newer infrastructure and equipment, offer new products, buy in bulk to save money, etc.
Please try and keep up.
I don't have a week to post all your fuck-ups. How many more people need to point that out to you, just in this thread alone.
Seriously, there are adults having a conversation here, go TROLL somewhere else.
I don't have a week to post all your fuck-ups. How many more people need to point that out to you, just in this thread alone.
Seriously, there are adults having a conversation here, go TROLL somewhere else.
I don't think piggy is self-aware enough to know that he's the biggest troll on the interwebs.
And you want us to take YOU seriously?
but doesn't have "time" to point out 1 little thing that I've said that he thinks is wrong.
Says the guy who has NEVER owned or ran a business, doesn't know the difference between an Asset and Liability, and "thinks" he's schooling others.
Sniper saysSays the guy who has NEVER owned or ran a business, doesn't know the difference between an Asset and Liability, and "thinks" he's schooling others.
My informed guess is that the vast majority of taxpayers would benefit
(To help you understand--if I give away $100 to 100 people by giving $99.01 to one person and a penny to everyone else, it would be correct to say the vast majority of the benefits went to one person even though everyone got something)
What a idiot (and TROLL).
Talk about bullshit that has ZERO application to the tax plan. Tatty/Joey, when you fuck up, you really fuck up.
You've only posted that like 25 times so far on multiple threads, can you PROVE that will be the case, so far, it's been bullshit opinions?
Of course you can't, that's the TROLL line of the day.
A tax "expense" is another line item in the total expenses column.
You've NEVER owned and run a business, you're full of shit!
Talk about bullshit that has ZERO application to the tax plan. Tatty/Joey, when you fuck up, you really fuck up.
Scroll up in the thread, I already did.
Just think how all the ultra rich people benefit from that!!!
And the ultra rich REALLY benefits from that!!
"Almost entirely to the rich"..
Looks like it's NOT the rich getting a break.
This is why you're the BIGGEST TROLL on Patnet!!
Except this chart proves you're 100% WRONG:
Every one benefits, now go TROLL somewhere else.
Sniper says
Just think how all the ultra rich people benefit from that!!!
That's not proof you dolt. You just cherry picked the few good things in the bill and left out all the others. Like the removal of exemptions. And the elimination of the deduction for student loan debt.
Sniper says
And the ultra rich REALLY benefits from that!!
No, the ultra rich benefit from the elimination of the AMT and estate tax. And notice they left in the deductibility of charitable donations--that is the among the ultra rich favorite tax avoidance schemes.
No, it IS the rich getting the break. I showed you how.
No, it IS the rich getting the break. I showed you how.
Every one benefits, now go TROLL somewhere else.
Yes, you've said that. I'm asking what would cause you to think that? Please detail what I've said that's incorrect.
Sniper saysEvery one benefits, now go TROLL somewhere else.
lol--your own chart shows that everyone doesn't benefit. But, regardless, as I posted multiple times, it's possible for everyone to benefit AND have the vast majority of the benefits go to the ultra rich. Are you really too dim to understand that?
In the case of profit they will pay taxes and the rest goes to the owner whom is free to to with what he wants be it hookers and blow or reinvesting it into the company it is free for them to do what they want but what the most certainly do not do is invest their money into EXPENSES. They invest their money into a company and get more ownership of the company then that company has money to do with what it wants to do.
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Here are the most notable changes:
- Lowers individual tax rates for low- and middle-income Americans to Zero, 12%, 25%, and 35%; keeps tax rate for those making over $1 million at 39.6%
- Increases the standard deduction from $6,350 to $12,000 for individuals and $12,700 to $24,000 for married couples.
- Establishing a new Family Credit, which includes expanding the Child Tax Credit from $1,000 to $1,600
- Preserving the Child and Dependent Care Tax Credit
- Preserves the Earned Income Tax Credit
- Preserves the home mortgage interest deduction for existing mortgages and maintains the home mortgage interest deduction for newly purchased homes up to $500,000, half the current $1,000,000
- Continues to allow people to write off the cost of state and local property taxes up to $10,000
- Retains popular retirement savings options such as 401(k)s and Individual Retirement Accounts
- Repeals the Alternative Minimum Tax
- Lowers the corporate tax rate to 20% – down from 35%
- Reduces the tax rate on business income to no more than 25%
- Establishes strong safeguards to distinguish between individual wage income and “pass-through” business income
- Allows businesses to immediately write off the full cost of new equipment
- Retains the low-income housing tax credit
A key issue will be the treatment of the state and local tax deduction, which lawmakers are proposing to cap at $10,000.
The bill also “makes no changes to the popular retirement savings options that Americans have today — including 401(k)’s and Individual Retirement Accounts, or I.R.A.s. Americans will be able to continuing making both traditional, pretax contributions and ‘Roth’ contributions in the way that works best for them.”
http://www.zerohedge.com/news/2017-11-02/gop-tax-plan-talking-point-highlights-released
#economics