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Fulgore 09-29-2015 10:27 PM

Quote:

Posted by GlazeyB (Post 617882)
1. I fail to see the point you're making here. Simply pointed out that this tax plan was designed to help the rich/corporations even more, not the middle class.

2. Jobs are created in many different ways.

3. Job outsourcing has always happened, many factors play into it. Mainly because the lack of labor and environment laws in other countries.

Whose economic policy are you for then? cause Trump's going to lead us down a rabbit hole Bush never saw.

The issue isn't what I'd do, it's comparing the plans of the candidates. No plan is going to be perfect, but I guarantee it won't compound the nation's debt like the current policy, and the policy of all candidates of the Democratic party (that I've looked at) so far. These candidates have the same general economic strategy as our current President, and as can be obviously seen these plans are actually **** and exacerbate the problem.

twilit 09-29-2015 10:28 PM

Tax Code overhaul?

http://3.bp.blogspot.com/-MQO0D6wsmy...rQ91qi4w9o.gif

GlazeyB 09-29-2015 10:53 PM

Quote:

Posted by Fulgore (Post 617885)
The issue isn't what I'd do, it's comparing the plans of the candidates. No plan is going to be perfect, but I guarantee it won't compound the nation's debt like the current policy, and the policy of all candidates of the Democratic party (that I've looked at) so far. These candidates have the same general economic strategy as our current President, and as can be obviously seen these plans are actually **** and exacerbate the problem.

Not asking what you would do. Asked whose policy you supported the most.

Both parties played a major hand into this horrible recovery, and both are aiming to continue horrible policies that only helped the rich.

Fulgore 09-29-2015 11:15 PM

Quote:

Posted by GlazeyB (Post 617897)
Not asking what you would do. Asked whose policy you supported the most.

Both parties played a major hand into this horrible recovery, and both are aiming to continue horrible policies that only helped the rich.

Current policy is not helping the rich, the administration is trying their absolute hardest to squeeze the rich dry, and that's why everything is failing. Whether people like it or not, money is power in this world, and by trying to take away from the rich, it's like biting the hand that feeds you. The rich drive things in this country, and like I said they'll move their money away and the nation will take a massive blow. By freeing them up, it bolsters this economy. America became great due to capitalism, which is now demonized by the left as some terrible system. If a policy is trying to help the rich out, then good.

HON3Y BADG3R 09-30-2015 12:46 AM

Quote:

Posted by GlazeyB (Post 617856)
Except his plan is designed to help the rich by furthering tax cuts for them. More so than Bush ever wanted.

Here ya go, nice read you when you have the time.

Quote:

The Alternative Minimum Tax — which ensures that wealthy households' taxes don't fall too much due to deductions — would be eliminated.
Of course the highest tax bracket right now is 39.6%, but when you add in the rediculous ammount of deductions available, that can drop it to even lower than the 20% he's calling for.

I do believe the 20% should be moved up to 27-30% due to fairness, but Trump's plan shouldn't be discounted because he's Trump. He's removing all the loopholes the rich use to discount their tax percentage.


As for the corporate tax being lowered, it should be. People complain about downsizing and outsourcing: it's because of the ridiculous tax on businesses. Lowering the tax will bring industry back to the US, instead of it being in SE Asia.

GlazeyB 10-08-2015 12:45 AM

ooo forgot all about this.

Quote:

Posted by Fulgore (Post 617907)
Current policy is not helping the rich, the administration is trying their absolute hardest to squeeze the rich dry, and that's why everything is failing. Whether people like it or not, money is power in this world, and by trying to take away from the rich, it's like biting the hand that feeds you. The rich drive things in this country, and like I said they'll move their money away and the nation will take a massive blow. By freeing them up, it bolsters this economy. America became great due to capitalism, which is now demonized by the left as some terrible system. If a policy is trying to help the rich out, then good.

What/Whose specific policies are those? Which ones are hurting the rich so much, that they've became richer? Just from simple googling alone, multiple studies showing that they've never been richer.

The rich doesn't drive the country, a thriving middle class does. A middle class that we don't have anymore due to crony capitalism. It changed from a free market, to a lying shell of what it was. You're protecting the system in place that has helped the rich tremendously, by saying that it hasn't.

Quote:

Posted by HON3Y BADG3R (Post 617928)
Of course the highest tax bracket right now is 39.6%, but when you add in the rediculous ammount of deductions available, that can drop it to even lower than the 20% he's calling for.

I do believe the 20% should be moved up to 27-30% due to fairness, but Trump's plan shouldn't be discounted because he's Trump. He's removing all the loopholes the rich use to discount their tax percentage.


As for the corporate tax being lowered, it should be. People complain about downsizing and outsourcing: it's because of the ridiculous tax on businesses. Lowering the tax will bring industry back to the US, instead of it being in SE Asia.

Again, his tax plan isn't designed to help anyone but the rich and hurt the economy.

Fulgore 10-08-2015 01:00 AM

I'm done trying to explain this...

I'll leave the economy discussion with a final quote "You don't help the economy by making the rich poorer, you help it by making the poor richer."

Assuming the tons of people who refuse to work get off their ass and contribute to something instead of being deadweight to the country, and I mean this in the harshest way possible to these people. Looking for a job? That's fine, good on you. Sitting at home living on welfare/food stamps and not even trying to? You're a parasite. That's why the system is needed, because the ones who won't work off of laziness will starve, and the ones who are looking for a job will find one because of growing businesses. It's hard to dumb it down any more than this. People are going to keep complaining about the lack of jobs while taxing the rich and fail to understand the connection between them...

But like I said, that's the last word on economy. Logic has no place here apparently.

GlazeyB 10-08-2015 01:02 AM

You're just restating your **** over and over, providing nothing to back your claims other than "damn lazy people".


Logic is something you're not using.

Fulgore 10-08-2015 01:03 AM

Quote:

Posted by GlazeyB (Post 620028)
You're just restating your **** over and over, providing nothing to back your claims.


Logic is something you're not using.

Since I have done so so many times, it becomes the student's fault if he fails the test, not the teachers, so to speak.

GlazeyB 10-08-2015 01:07 AM

All I saw was you saying the same thing about this subject. Providing nothing to this other than "not rich peoples fault."

Fulgore 10-08-2015 01:12 AM

Quote:

Posted by GlazeyB (Post 620033)
All I saw was you saying the same thing about this subject. Providing nothing to this other than "not rich peoples fault."

You're doing the same thing...just without the word "not".

And yes..I'm saying the same thing...I'm sorry to inform you that you did not change my view on the economy with a forum post...

Red 10-08-2015 02:28 AM

Quote:

Posted by GlazeyB (Post 620033)
All I saw was you saying the same thing about this subject. Providing nothing to this other than "not rich peoples fault."

What are you some kind of robin hood? maybe if the poor people who lived off of your countries welfare would get off their ass and actually try to find some work they wouldn't be as poor and ****ing desperate as they're now all these people end up doing is dragging down an already broken country.
I'm Australian and we easily have the biggest welfare leaches in the world living in hour neighborhoods and cities trust me buddy you haven't seen what it can all come to if it turns out like it has in Australia.

"Give a man a fish and you feed him for a day; teach a man to fish and you feed him for a lifetime."

Distorted_P2P 10-08-2015 02:33 AM

trumps dead, el chapo put a 100 million $ bounty on his head.

#ripTrump'16

Sicx 10-08-2015 02:40 AM

Quote:

Posted by Distorted_P2P (Post 620052)
trumps dead, el chapo put a 100 million $ bounty on his head.

#ripTrump'16

Wow, didn't know people were actually that gullible..

Platinum 10-08-2015 03:43 AM

There's an interesting and thought-provoking documentary called In-Equality For All (It's on Netflix) and it follows the former Labor Secretary Robert Reich discussing the grave economic and social consequences that may result if the gulf between rich and poor continues to widen. One of his main points is that a struggling middle class means a struggling economy.
Also, I scanned the thread and for those interested in the voting system watch CGP Grey's 'Politics in the Animal Kingdom'.
Yes, your vote does matter, and no, you don't have to vote for one of two parties for it to matter. (STV FTW!)
Quote:

Posted by OG (Post 620049)
What are you some kind of robin hood? maybe if the poor people who lived off of your countries welfare would get off their ass and actually try to find some work they wouldn't be as poor and ****ing desperate as they're now all these people end up doing is dragging down an already broken country.
I'm Australian and we easily have the biggest welfare leaches in the world living in hour neighborhoods and cities trust me buddy you haven't seen what it can all come to if it turns out like it has in Australia.
"Give a man a fish and you feed him for a day; teach a man to fish and you feed him for a lifetime."

Agreed. It's quite unfair in a way, some people study for 20+ years and invest 75% of their time into what they do and helping others, only to be taxed 47% and put under constant stress for freeloaders to cruise through life without lifting a single finger :(

Quote:

Posted by Fulgore (Post 620027)
It's hard to dumb it down any more than this. People are going to keep complaining about the lack of jobs while taxing the rich and fail to understand the connection between them...

But like I said, that's the last word on economy. Logic has no place here apparently.

No.
A man who earns $1000 000 might only need 10 T-shirts, and will buy 10 T-shirts (1 T-shirt = $10), and therefore inputs $100 into the economy.
If we find 10 people who earn $100 000, who each need 10 T-shirts, 10 people * 10 T-shirts * 10 dollars = $1000 into the economy. The first man holds $1 million, and the 10 people collectively hold $1 million.

If we tax the millionare 10%, and that 10% goes to a government job, hey, another person has $100 000 to spend! Yay!
Then, we can have 11 people who earn $100 000, who each need 10 T-shirts, 11 people * 10 T-shirts * 10 dollars = $1100 into the economy. The first man holds $900 000, and the 11 people collectively hold $1.1 Million.
Equality!

A millionaire is not going to buy 100 T-shirts, but those 10 people did collectively.


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