Tax Reform
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What was that again about the corporate tax cuts leading to investment and hiring?
https://apple.news/A9iNxwhOwTg6_aksV0sFmCg
09/15/1998 & 09/16/1998, Mansfield, MA; 08/29/00 08/30/00, Mansfield, MA; 07/02/03, 07/03/03, Mansfield, MA; 09/28/04, 09/29/04, Boston, MA; 09/22/05, Halifax, NS; 05/24/06, 05/25/06, Boston, MA; 07/22/06, 07/23/06, Gorge, WA; 06/27/2008, Hartford; 06/28/08, 06/30/08, Mansfield; 08/18/2009, O2, London, UK; 10/30/09, 10/31/09, Philadelphia, PA; 05/15/10, Hartford, CT; 05/17/10, Boston, MA; 05/20/10, 05/21/10, NY, NY; 06/22/10, Dublin, IRE; 06/23/10, Northern Ireland; 09/03/11, 09/04/11, Alpine Valley, WI; 09/11/11, 09/12/11, Toronto, Ont; 09/14/11, Ottawa, Ont; 09/15/11, Hamilton, Ont; 07/02/2012, Prague, Czech Republic; 07/04/2012 & 07/05/2012, Berlin, Germany; 07/07/2012, Stockholm, Sweden; 09/30/2012, Missoula, MT; 07/16/2013, London, Ont; 07/19/2013, Chicago, IL; 10/15/2013 & 10/16/2013, Worcester, MA; 10/21/2013 & 10/22/2013, Philadelphia, PA; 10/25/2013, Hartford, CT; 11/29/2013, Portland, OR; 11/30/2013, Spokane, WA; 12/04/2013, Vancouver, BC; 12/06/2013, Seattle, WA; 10/03/2014, St. Louis. MO; 10/22/2014, Denver, CO; 10/26/2015, New York, NY; 04/23/2016, New Orleans, LA; 04/28/2016 & 04/29/2016, Philadelphia, PA; 05/01/2016 & 05/02/2016, New York, NY; 05/08/2016, Ottawa, Ont.; 05/10/2016 & 05/12/2016, Toronto, Ont.; 08/05/2016 & 08/07/2016, Boston, MA; 08/20/2016 & 08/22/2016, Chicago, IL; 07/01/2018, Prague, Czech Republic; 07/03/2018, Krakow, Poland; 07/05/2018, Berlin, Germany; 09/02/2018 & 09/04/2018, Boston, MA; 09/08/2022, Toronto, Ont; 09/11/2022, New York, NY; 09/14/2022, Camden, NJ; 09/02/2023, St. Paul, MN; 05/04/2024 & 05/06/2024, Vancouver, BC; 05/10/2024, Portland, OR;
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According to the bureau of labor statistics, real wages have not budged at all. They are at about 2% in 2018, which is in line with inflation . in fact, real purchasing power is the same as it was in 1978. In unrelated news, record corporate profits and stock buy backs are prevalent.0
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mrussel1 said:According to the bureau of labor statistics, real wages have not budged at all. They are at about 2% in 2018, which is in line with inflation . in fact, real purchasing power is the same as it was in 1978. In unrelated news, record corporate profits and stock buy backs are prevalent.09/15/1998 & 09/16/1998, Mansfield, MA; 08/29/00 08/30/00, Mansfield, MA; 07/02/03, 07/03/03, Mansfield, MA; 09/28/04, 09/29/04, Boston, MA; 09/22/05, Halifax, NS; 05/24/06, 05/25/06, Boston, MA; 07/22/06, 07/23/06, Gorge, WA; 06/27/2008, Hartford; 06/28/08, 06/30/08, Mansfield; 08/18/2009, O2, London, UK; 10/30/09, 10/31/09, Philadelphia, PA; 05/15/10, Hartford, CT; 05/17/10, Boston, MA; 05/20/10, 05/21/10, NY, NY; 06/22/10, Dublin, IRE; 06/23/10, Northern Ireland; 09/03/11, 09/04/11, Alpine Valley, WI; 09/11/11, 09/12/11, Toronto, Ont; 09/14/11, Ottawa, Ont; 09/15/11, Hamilton, Ont; 07/02/2012, Prague, Czech Republic; 07/04/2012 & 07/05/2012, Berlin, Germany; 07/07/2012, Stockholm, Sweden; 09/30/2012, Missoula, MT; 07/16/2013, London, Ont; 07/19/2013, Chicago, IL; 10/15/2013 & 10/16/2013, Worcester, MA; 10/21/2013 & 10/22/2013, Philadelphia, PA; 10/25/2013, Hartford, CT; 11/29/2013, Portland, OR; 11/30/2013, Spokane, WA; 12/04/2013, Vancouver, BC; 12/06/2013, Seattle, WA; 10/03/2014, St. Louis. MO; 10/22/2014, Denver, CO; 10/26/2015, New York, NY; 04/23/2016, New Orleans, LA; 04/28/2016 & 04/29/2016, Philadelphia, PA; 05/01/2016 & 05/02/2016, New York, NY; 05/08/2016, Ottawa, Ont.; 05/10/2016 & 05/12/2016, Toronto, Ont.; 08/05/2016 & 08/07/2016, Boston, MA; 08/20/2016 & 08/22/2016, Chicago, IL; 07/01/2018, Prague, Czech Republic; 07/03/2018, Krakow, Poland; 07/05/2018, Berlin, Germany; 09/02/2018 & 09/04/2018, Boston, MA; 09/08/2022, Toronto, Ont; 09/11/2022, New York, NY; 09/14/2022, Camden, NJ; 09/02/2023, St. Paul, MN; 05/04/2024 & 05/06/2024, Vancouver, BC; 05/10/2024, Portland, OR;
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Ford Prepares for Mass Layoffs After Losing $1 Billion to Trump's Trade Tariffs
https://finance.yahoo.com/news/ford-prepares-mass-layoffs-losing-002618564.html
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CM189191 said:
Ford Prepares for Mass Layoffs After Losing $1 Billion to Trump's Trade Tariffs
https://finance.yahoo.com/news/ford-prepares-mass-layoffs-losing-002618564.html09/15/1998 & 09/16/1998, Mansfield, MA; 08/29/00 08/30/00, Mansfield, MA; 07/02/03, 07/03/03, Mansfield, MA; 09/28/04, 09/29/04, Boston, MA; 09/22/05, Halifax, NS; 05/24/06, 05/25/06, Boston, MA; 07/22/06, 07/23/06, Gorge, WA; 06/27/2008, Hartford; 06/28/08, 06/30/08, Mansfield; 08/18/2009, O2, London, UK; 10/30/09, 10/31/09, Philadelphia, PA; 05/15/10, Hartford, CT; 05/17/10, Boston, MA; 05/20/10, 05/21/10, NY, NY; 06/22/10, Dublin, IRE; 06/23/10, Northern Ireland; 09/03/11, 09/04/11, Alpine Valley, WI; 09/11/11, 09/12/11, Toronto, Ont; 09/14/11, Ottawa, Ont; 09/15/11, Hamilton, Ont; 07/02/2012, Prague, Czech Republic; 07/04/2012 & 07/05/2012, Berlin, Germany; 07/07/2012, Stockholm, Sweden; 09/30/2012, Missoula, MT; 07/16/2013, London, Ont; 07/19/2013, Chicago, IL; 10/15/2013 & 10/16/2013, Worcester, MA; 10/21/2013 & 10/22/2013, Philadelphia, PA; 10/25/2013, Hartford, CT; 11/29/2013, Portland, OR; 11/30/2013, Spokane, WA; 12/04/2013, Vancouver, BC; 12/06/2013, Seattle, WA; 10/03/2014, St. Louis. MO; 10/22/2014, Denver, CO; 10/26/2015, New York, NY; 04/23/2016, New Orleans, LA; 04/28/2016 & 04/29/2016, Philadelphia, PA; 05/01/2016 & 05/02/2016, New York, NY; 05/08/2016, Ottawa, Ont.; 05/10/2016 & 05/12/2016, Toronto, Ont.; 08/05/2016 & 08/07/2016, Boston, MA; 08/20/2016 & 08/22/2016, Chicago, IL; 07/01/2018, Prague, Czech Republic; 07/03/2018, Krakow, Poland; 07/05/2018, Berlin, Germany; 09/02/2018 & 09/04/2018, Boston, MA; 09/08/2022, Toronto, Ont; 09/11/2022, New York, NY; 09/14/2022, Camden, NJ; 09/02/2023, St. Paul, MN; 05/04/2024 & 05/06/2024, Vancouver, BC; 05/10/2024, Portland, OR;
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CM189191 said:
Ford Prepares for Mass Layoffs After Losing $1 Billion to Trump's Trade Tariffs
https://finance.yahoo.com/news/ford-prepares-mass-layoffs-losing-002618564.html
With all its sham, drudgery, and broken dreams, it is still a beautiful world. Be careful. Strive to be happy. ~ Desiderata0 -
The Trump spin: If you get laid off, you make no income. If you make no income, your tax rate drops to 0%.
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247 pages of regulations issued for 2018 taxes on January 18th, 2019. Woohoo!
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09/15/1998 & 09/16/1998, Mansfield, MA; 08/29/00 08/30/00, Mansfield, MA; 07/02/03, 07/03/03, Mansfield, MA; 09/28/04, 09/29/04, Boston, MA; 09/22/05, Halifax, NS; 05/24/06, 05/25/06, Boston, MA; 07/22/06, 07/23/06, Gorge, WA; 06/27/2008, Hartford; 06/28/08, 06/30/08, Mansfield; 08/18/2009, O2, London, UK; 10/30/09, 10/31/09, Philadelphia, PA; 05/15/10, Hartford, CT; 05/17/10, Boston, MA; 05/20/10, 05/21/10, NY, NY; 06/22/10, Dublin, IRE; 06/23/10, Northern Ireland; 09/03/11, 09/04/11, Alpine Valley, WI; 09/11/11, 09/12/11, Toronto, Ont; 09/14/11, Ottawa, Ont; 09/15/11, Hamilton, Ont; 07/02/2012, Prague, Czech Republic; 07/04/2012 & 07/05/2012, Berlin, Germany; 07/07/2012, Stockholm, Sweden; 09/30/2012, Missoula, MT; 07/16/2013, London, Ont; 07/19/2013, Chicago, IL; 10/15/2013 & 10/16/2013, Worcester, MA; 10/21/2013 & 10/22/2013, Philadelphia, PA; 10/25/2013, Hartford, CT; 11/29/2013, Portland, OR; 11/30/2013, Spokane, WA; 12/04/2013, Vancouver, BC; 12/06/2013, Seattle, WA; 10/03/2014, St. Louis. MO; 10/22/2014, Denver, CO; 10/26/2015, New York, NY; 04/23/2016, New Orleans, LA; 04/28/2016 & 04/29/2016, Philadelphia, PA; 05/01/2016 & 05/02/2016, New York, NY; 05/08/2016, Ottawa, Ont.; 05/10/2016 & 05/12/2016, Toronto, Ont.; 08/05/2016 & 08/07/2016, Boston, MA; 08/20/2016 & 08/22/2016, Chicago, IL; 07/01/2018, Prague, Czech Republic; 07/03/2018, Krakow, Poland; 07/05/2018, Berlin, Germany; 09/02/2018 & 09/04/2018, Boston, MA; 09/08/2022, Toronto, Ont; 09/11/2022, New York, NY; 09/14/2022, Camden, NJ; 09/02/2023, St. Paul, MN; 05/04/2024 & 05/06/2024, Vancouver, BC; 05/10/2024, Portland, OR;
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Halifax2TheMax said:0
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pjhawks said:Halifax2TheMax said:hippiemom = goodness0
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cincybearcat said:pjhawks said:Halifax2TheMax said:Post edited by pjhawks on0
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cincybearcat said:pjhawks said:Halifax2TheMax said:
But I'm sure you have a perfectly cromulent explanation as to how there's very fine people on both sides here.0 -
CM189191 said:cincybearcat said:pjhawks said:Halifax2TheMax said:
But I'm sure you have a perfectly cromulent explanation as to how there's very fine people on both sides here.
To figure out if the new tax laws have helped or hurt you, you need to consider if you had additional "take home" pay each paycheck. Just because your refund is reduced doesn;t mean you paid more taxes. You may have gotten your $ sooner. So, this needs a tiny bit deeper dive. Could still mean people got less, not saying it doesn;t. But alone it doesn't mean shit.
I always feel bad for the idiot americans that think a big refund is great...they just gave the US government an interest free loan for a year and they are happy about it. Dummies.
hippiemom = goodness0 -
pjhawks said:cincybearcat said:pjhawks said:Halifax2TheMax said:
2) It may appear to point it out to them, but again, it doesn't mean they paid more tax.
And I don;t know why but I feel like I have to reiterate it every time (you know since some (not you here pjhawks) seem to think anytime you aren't jumping on the bandwagon of everything trump related is immediately the worst thing in the world)...if you look back, I was not for this tax reform. I feel they had some good in it and some bad and I wouldn't have voted for it.hippiemom = goodness0 -
cincybearcat said:CM189191 said:cincybearcat said:pjhawks said:Halifax2TheMax said:
But I'm sure you have a perfectly cromulent explanation as to how there's very fine people on both sides here.
To figure out if the new tax laws have helped or hurt you, you need to consider if you had additional "take home" pay each paycheck. Just because your refund is reduced doesn;t mean you paid more taxes. You may have gotten your $ sooner. So, this needs a tiny bit deeper dive. Could still mean people got less, not saying it doesn;t. But alone it doesn't mean shit.
I always feel bad for the idiot americans that think a big refund is great...they just gave the US government an interest free loan for a year and they are happy about it. Dummies.
Back in 2017, as the tax bill moved on the Hill, lawmakers claimed the cut they proposed in the corporate tax rate to 21 percent from 35 percent would trickle down to workers in the form of higher wages and bonuses.
The Bureau of Labor Statistics reported nominal wages increased 3.2 percent in January year over year, and by less than one percent — three cents to $27.56 — month over month.
Bonuses have registered less of an impact, increasing just 2 cents an hour in the first nine months of 2018. The increase was "imperceptible," "Whatever growth in bonuses has taken place is not necessarily attributable to the tax cuts, rather than employer efforts to recruit workers in a continued low unemployment environment."By all accounts, companies poured a hefty portion of the tax windfall into buying back shares, a move designed to at least temporarily boost stock prices, which benefits executives and other large stockholders.
I feel bad for the idiot Americans who fell for the trickle down promise....again. Dummies.0 -
CM189191 said:cincybearcat said:CM189191 said:cincybearcat said:pjhawks said:Halifax2TheMax said:
But I'm sure you have a perfectly cromulent explanation as to how there's very fine people on both sides here.
To figure out if the new tax laws have helped or hurt you, you need to consider if you had additional "take home" pay each paycheck. Just because your refund is reduced doesn;t mean you paid more taxes. You may have gotten your $ sooner. So, this needs a tiny bit deeper dive. Could still mean people got less, not saying it doesn;t. But alone it doesn't mean shit.
I always feel bad for the idiot americans that think a big refund is great...they just gave the US government an interest free loan for a year and they are happy about it. Dummies.
Back in 2017, as the tax bill moved on the Hill, lawmakers claimed the cut they proposed in the corporate tax rate to 21 percent from 35 percent would trickle down to workers in the form of higher wages and bonuses.
The Bureau of Labor Statistics reported nominal wages increased 3.2 percent in January year over year, and by less than one percent — three cents to $27.56 — month over month.
Bonuses have registered less of an impact, increasing just 2 cents an hour in the first nine months of 2018. The increase was "imperceptible," "Whatever growth in bonuses has taken place is not necessarily attributable to the tax cuts, rather than employer efforts to recruit workers in a continued low unemployment environment."By all accounts, companies poured a hefty portion of the tax windfall into buying back shares, a move designed to at least temporarily boost stock prices, which benefits executives and other large stockholders.
I feel bad for the idiot Americans who fell for the trickle down promise....again. Dummies.
hippiemom = goodness0 -
So, not withholding what was previously withheld is considered a tax cut? And then adjusting the tax withholding tables, and unless you made adjustments you’re going to pay, without publicizing this aspect equals a great middle class tax cut? Meanwhile, 80% of the benefit goes to the top 10%. Please let me know when this is next years stimulus so I can bend over again. Suckers.
09/15/1998 & 09/16/1998, Mansfield, MA; 08/29/00 08/30/00, Mansfield, MA; 07/02/03, 07/03/03, Mansfield, MA; 09/28/04, 09/29/04, Boston, MA; 09/22/05, Halifax, NS; 05/24/06, 05/25/06, Boston, MA; 07/22/06, 07/23/06, Gorge, WA; 06/27/2008, Hartford; 06/28/08, 06/30/08, Mansfield; 08/18/2009, O2, London, UK; 10/30/09, 10/31/09, Philadelphia, PA; 05/15/10, Hartford, CT; 05/17/10, Boston, MA; 05/20/10, 05/21/10, NY, NY; 06/22/10, Dublin, IRE; 06/23/10, Northern Ireland; 09/03/11, 09/04/11, Alpine Valley, WI; 09/11/11, 09/12/11, Toronto, Ont; 09/14/11, Ottawa, Ont; 09/15/11, Hamilton, Ont; 07/02/2012, Prague, Czech Republic; 07/04/2012 & 07/05/2012, Berlin, Germany; 07/07/2012, Stockholm, Sweden; 09/30/2012, Missoula, MT; 07/16/2013, London, Ont; 07/19/2013, Chicago, IL; 10/15/2013 & 10/16/2013, Worcester, MA; 10/21/2013 & 10/22/2013, Philadelphia, PA; 10/25/2013, Hartford, CT; 11/29/2013, Portland, OR; 11/30/2013, Spokane, WA; 12/04/2013, Vancouver, BC; 12/06/2013, Seattle, WA; 10/03/2014, St. Louis. MO; 10/22/2014, Denver, CO; 10/26/2015, New York, NY; 04/23/2016, New Orleans, LA; 04/28/2016 & 04/29/2016, Philadelphia, PA; 05/01/2016 & 05/02/2016, New York, NY; 05/08/2016, Ottawa, Ont.; 05/10/2016 & 05/12/2016, Toronto, Ont.; 08/05/2016 & 08/07/2016, Boston, MA; 08/20/2016 & 08/22/2016, Chicago, IL; 07/01/2018, Prague, Czech Republic; 07/03/2018, Krakow, Poland; 07/05/2018, Berlin, Germany; 09/02/2018 & 09/04/2018, Boston, MA; 09/08/2022, Toronto, Ont; 09/11/2022, New York, NY; 09/14/2022, Camden, NJ; 09/02/2023, St. Paul, MN; 05/04/2024 & 05/06/2024, Vancouver, BC; 05/10/2024, Portland, OR;
Libtardaplorable©. And proud of it.
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cincybearcat said:CM189191 said:cincybearcat said:pjhawks said:Halifax2TheMax said:
But I'm sure you have a perfectly cromulent explanation as to how there's very fine people on both sides here.
To figure out if the new tax laws have helped or hurt you, you need to consider if you had additional "take home" pay each paycheck. Just because your refund is reduced doesn;t mean you paid more taxes. You may have gotten your $ sooner. So, this needs a tiny bit deeper dive. Could still mean people got less, not saying it doesn;t. But alone it doesn't mean shit.
I always feel bad for the idiot americans that think a big refund is great...they just gave the US government an interest free loan for a year and they are happy about it. Dummies.Remember the Thomas Nine !! (10/02/2018)
The Golden Age is 2 months away. And guess what….. you’re gonna love it! (teskeinc 11.19.24)
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Halifax2TheMax said:So, not withholding what was previously withheld is considered a tax cut? And then adjusting the tax withholding tables, and unless you made adjustments you’re going to pay, without publicizing this aspect equals a great middle class tax cut? Meanwhile, 80% of the benefit goes to the top 10%. Please let me know when this is next years stimulus so I can bend over again. Suckers.
I agree this tax tax cut is not going to be what was promised. But certainly you can agree that using tax refunds as the only data to show that the tax cut cost you $ is irresponsible and false, right?hippiemom = goodness0
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