1. Welcome! Please take a few seconds to create your free account to post threads, make some friends, remove a few ads while surfing and much more. ClutchFans has been bringing fans together to talk Houston Sports since 1996. Join us!

  2. LIVE WATCH EVENT
    The NBA Draft is here! Come join Clutch in the ClutchFans Room Wednesday night at 6:30pm CT as we host the live online NBA Draft Watch Party. Who will the Rockets select at #3?

    NBA Draft - LIVE!

Trump's blatant lie about the tax cut

Discussion in 'BBS Hangout: Debate & Discussion' started by adoo, Dec 20, 2017.

  1. NewRoxFan

    NewRoxFan Contributing Member

    Joined:
    Feb 22, 2002
    Messages:
    55,598
    Likes Received:
    55,691
    Those huge tax cuts trump gave corporations... that were supposed to pay for themselves? Another lie...



    Big businesses paying even less than expected under GOP tax law
    Though profits remain up and the economy is strong, total corporate taxes are at the lowest levels seen in more than 50 years.
    https://www.politico.com/story/2019/06/13/big-businesses-pay-less-tax-law-1364591
     
  2. NewRoxFan

    NewRoxFan Contributing Member

    Joined:
    Feb 22, 2002
    Messages:
    55,598
    Likes Received:
    55,691
    But at least major corporations and the top 1% got their big tax cuts...



    Worker bonuses slump 22 percent after GOP tax cuts
    https://www.epi.org/blog/worker-bonuses-slump-22-percent-after-gop-tax-cuts/

    [​IMG]
     
    Nook and fchowd0311 like this.
  3. fchowd0311

    fchowd0311 Contributing Member

    Joined:
    Apr 27, 2010
    Messages:
    48,451
    Likes Received:
    37,244
    ThatBoyNick and TheFreak like this.
  4. NewRoxFan

    NewRoxFan Contributing Member

    Joined:
    Feb 22, 2002
    Messages:
    55,598
    Likes Received:
    55,691
    Of course, they are "Independents and "Libertarians" and none actually voted for him...

    [​IMG]
     
  5. juicystream

    juicystream Contributing Member

    Joined:
    Apr 17, 2001
    Messages:
    29,410
    Likes Received:
    5,551
    The Trump tax cuts actually make giving bonuses more expensive because the lack of tax savings I get for the deduction.

    Edit: I don't mean to imply there is no deduction, just less valuable than it was under higher tax rates.
     
    Nook likes this.
  6. NewRoxFan

    NewRoxFan Contributing Member

    Joined:
    Feb 22, 2002
    Messages:
    55,598
    Likes Received:
    55,691
  7. NewRoxFan

    NewRoxFan Contributing Member

    Joined:
    Feb 22, 2002
    Messages:
    55,598
    Likes Received:
    55,691
  8. NewRoxFan

    NewRoxFan Contributing Member

    Joined:
    Feb 22, 2002
    Messages:
    55,598
    Likes Received:
    55,691
  9. Nook

    Nook Member

    Joined:
    Jun 27, 2008
    Messages:
    54,931
    Likes Received:
    115,722
    This isn't shocking and it isn't sustainable.
     
    RayRay10 and Andre0087 like this.
  10. JuanValdez

    JuanValdez Contributing Member

    Joined:
    Feb 14, 1999
    Messages:
    34,337
    Likes Received:
    13,879
    Business investment is likely weak because of Trump's trade wars.
     
    Deckard and NewRoxFan like this.
  11. NewRoxFan

    NewRoxFan Contributing Member

    Joined:
    Feb 22, 2002
    Messages:
    55,598
    Likes Received:
    55,691
    Exactly. But "trade wars are good and easy to win."
     
  12. REEKO_HTOWN

    REEKO_HTOWN I'm Rich Biiiiaaatch!

    Joined:
    Jun 26, 2008
    Messages:
    46,889
    Likes Received:
    18,651
    The next recession is gonna be bananas. Hold on to your butts.
     
    Deckard, JuanValdez and B-Bob like this.
  13. JuanValdez

    JuanValdez Contributing Member

    Joined:
    Feb 14, 1999
    Messages:
    34,337
    Likes Received:
    13,879
    Lol. But, honestly, even though trade wars are damaging and hard to win, it's possible that they are sometimes necessary. I think a lot of his fights have been bs, but we could see that there was going to be a trade fight with China sooner or later. And, if there's a time to do it, it's when our economy is strong. I don't know if he's going about it the right way or not, but I can't fault him too much on doing it.
     
    joshuaao and Andre0087 like this.
  14. NewRoxFan

    NewRoxFan Contributing Member

    Joined:
    Feb 22, 2002
    Messages:
    55,598
    Likes Received:
    55,691
    Oh, without a doubt china needs to be called out on things (ie government sponsored software and other technology piracy). But as often the case, trump manages to blur a good end goal with bad approach and execution.
     
  15. Amiga

    Amiga 10 years ago...
    Supporting Member

    Joined:
    Sep 18, 2008
    Messages:
    22,416
    Likes Received:
    19,227
    Just in time to blame Biden, and wipe out the DEM in 2024. 13-D chess.
     
    B-Bob likes this.
  16. NewRoxFan

    NewRoxFan Contributing Member

    Joined:
    Feb 22, 2002
    Messages:
    55,598
    Likes Received:
    55,691
  17. NewRoxFan

    NewRoxFan Contributing Member

    Joined:
    Feb 22, 2002
    Messages:
    55,598
    Likes Received:
    55,691
    Important tweet thread:




     
  18. NewRoxFan

    NewRoxFan Contributing Member

    Joined:
    Feb 22, 2002
    Messages:
    55,598
    Likes Received:
    55,691
    More from above tweet thread...


     
  19. NewRoxFan

    NewRoxFan Contributing Member

    Joined:
    Feb 22, 2002
    Messages:
    55,598
    Likes Received:
    55,691
    And meanwhile...

    US budget deficit grows 27% through July
    https://abcnews.go.com/Business/wireStory/us-budget-deficit-grows-27-july-64929418
     
    Deckard likes this.
  20. pirc1

    pirc1 Contributing Member

    Joined:
    Dec 9, 2002
    Messages:
    13,972
    Likes Received:
    1,702

Share This Page

  • About ClutchFans

    Since 1996, ClutchFans has been loud and proud covering the Houston Rockets, helping set an industry standard for team fan sites. The forums have been a home for Houston sports fans as well as basketball fanatics around the globe.

  • Support ClutchFans!

    If you find that ClutchFans is a valuable resource for you, please consider becoming a Supporting Member. Supporting Members can upload photos and attachments directly to their posts, customize their user title and more. Gold Supporters see zero ads!


    Upgrade Now