the politics of rewriting the tax code at midnight on a friday

twostrokenut said:

my family insurance premium might go back to pre Obamcare rates? final answer?

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twostrokenut said:

look, i don't like trump-o-nomics. increasing military spending and lowering taxes is a recipe for disaster imho.

credit cards are already up 18% with the tax bill passage though....and your family stands to benefit from repeal of the estate tax and your family will receive a tax cut in the form of double deductions and child credit until your new girl is on grade 2 or 3.

if your point is that the tax cuts for under 100k aren't big enough and should be permanent then I agree.

this is not a pure trickle down attempt here, there's a trickle up side and this isn't a couple hundred bush stimulus check.

wells and quite a few others are already setting up employee bonuses and raising their min wages to 15/hr in charlotte with the passage of this bill.

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Bugeye said:

Yes, this is a half assed supply side attempt to fuel the economy. Tightened monetary policy and a serious reduction in federal spending are also needed to really improve longer term economic stability. Not going to happen with Trump. I see major economic corrections coming.

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SneekyNinja said:

We don't need to reduce spending, we need to redirect it.

More disposable income helps the economy, even if it's welfare dollars.

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Bugeye said:

Really? So why not print enough money to give everyone $1M? Sorry, even if I thought Keynesian was legit, it is premised on first building up a surplus that can be used to ease recessions. We have never seen that in practice so maybe it would work if done that way. I see the dollar being held up by the relative weakness of other currencies, not by fundamental monetary policy. 0% interest rates for a decade? What a joke!

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see4 said:

One would think.

Time will tell. Repatriation of profits can lead to returning profits to US to expand the workforce domestically. Whether that is something that will happen remains to be seen. But very doubtful. Like you said, they will still take advantage of a cheaper workforce abroad and take advantage of returning those profits back to the US.

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Bugeye said:

Yes, this is a half assed supply side attempt to fuel the economy. Tightened monetary policy and a serious reduction in federal spending are also needed to really improve longer term economic stability. Not going to happen with Trump. I see major economic corrections coming.

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Bugeye said:

Really? So why not print enough money to give everyone $1M?

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twostrokenut said:

he's liable to fuggin crash it like this, big gamble imho.

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Bugeye said:

Yes, these cuts will be very unpopular when people see their paychecks go up.

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twostrokenut said:

wells and quite a few others are already setting up employee bonuses and raising their min wages to 15/hr in charlotte with the passage of this bill.

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twostrokenut said:

my family insurance premium might go back to pre Obamcare rates? final answer?

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UncleBuck said:

premiums are soaring under trump because he sabotaged obamacare.

cucked again.

but hey, at least he hates brown people as much as you do, bitch

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UncleBuck said:

premiums are soaring under trump because he sabotaged obamacare.

cucked again.

but hey, at least he hates brown people as much as you do, bitch

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Rob Roy said:

Look!! It's a tic tac toe game! dERP.

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schuylaar said:

ummmmmmmmmm, i think you got this one banned too..we have no one left to bring back their old threads and say we told them so because of YOU, Buck.

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UncleBuck said:

love checking back on trumptard predictions

wages have fallen 0.4%

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