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China offers concessions to avert trade war with U.S.: FT

American said:
Wow, amazing. I missed that part of the article.
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So you don´t see any way in which this benefits the Chinese more than the U.S? I mean in a way anything that avoids a trade war benefits everyone but chalking it up as a massive victory for Trump is somewhat delusional.
 
Red_Dave said:
I think the point is that your average American isn´t going to see much of this money, or benefit in any way given that capital gains are a not taxed as much as regular income, or hidden in tax havens and not taxed at all. If its a win for anyone its the Panamenians .
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Investment requires considerable risk, and if you de-incentivize investment, that will ultimately lead to less economic opportunity to those that, frankly, are dependent on rich people investing in order to create that opportunity.

The left hates trickle down because it shows them that, yes, they are in fact inferior when it comes to creating wealth on their own.
 
Winston said:
This isn't a tax code thread. And it's not an either/or situation. Meaning either give the rich more money or tax someone else. If you want revenues to grow, figure out a way to get a trillion going for the middle class.
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Who do you think pays the middle and upper middle class salaries?

I suppose 3rd generation welfare recipients and illegal aliens.:lol:
 
Red_Dave said:
I think the point is that your average American isn´t going to see much of this money,
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So then Trump should negotiate worse trade agreements for our country. That will benefit more Americans.

Red_Dave said:
or benefit in any way given that capital gains are a not taxed as much as regular income, or hidden in tax havens and not taxed at all. .
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Our over bloated government doesn't need any more money. It needs to go on a diet. We have too many over paid government workers now. What our government needs is a wage and benefit freeze until the average tax payer is making more than the government worker and can afford to pay their salaries. I don't need to be paying for platinum benefits until I can afford them for myself and my family.
 
The US and China have agreed to enter into marathon trade negotiations for the next three months. In exchange for agreeing to trade concessions, China will probably insist on US policy concessions concerning the Korean Peninsula (no US provocations/invasion), recognizing Beijing's South China Sea Nine-Dash-Line maritime claims, maintaining the One China policy regarding Taiwan etc. etc.
 
Rogue Valley said:
The US and China have agreed to enter into marathon trade negotiations for the next three months. In exchange for agreeing to trade concessions, China will probably insist on US policy concessions concerning the Korean Peninsula (no US provocations/invasion), recognizing Beijing's South China Sea Nine-Dash-Line maritime claims, maintaining the One China policy regarding Taiwan etc. etc.
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China can ask but it doesnt mean they will get
 
jimbo said:
Again, the private sector operates on a supply and demand basis. More labor available, less or static need, labor loses value.

You want higher wages and more jobs for US citizens? Send the illegals packing. 10 million out of the workforce. Instant supply and demand swing.
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The labor market has been manipulated to keep wages down. As soon as wages start to go up we have another recession. The only way to get wages moving again is to raise taxes on those that determine the wages. If they will have to pay most of their income to the Govt. they will choose their employees first. It worked perfectly for 40 years and then Reaganomics came along and employers decided they would keep their profits for themselves instead of sharing with their employees.
 
iguanaman said:
The labor market has been manipulated to keep wages down. As soon as wages start to go up we have another recession. The only way to get wages moving again is to raise taxes on those that determine the wages. If they will have to pay most of their income to the Govt. they will choose their employees first. It worked perfectly for 40 years and then Reaganomics came along and employers decided they would keep their profits for themselves instead of sharing with their employees.
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The labor market has been manipulated to keep wages up. That's what unions do. Add to that the monopoly given to them by the government, and you get what we got.

I don't get your argument that the solution to low (your words) wages is to raise taxes on the job providers. What will that fix?
 
jimbo said:
The labor market has been manipulated to keep wages up. That's what unions do. Add to that the monopoly given to them by the government, and you get what we got.

I don't get your argument that the solution to low (your words) wages is to raise taxes on the job providers. What will that fix?
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Greed...It is that simple. The bosses will pay their workers a fair share of the profits only if they know they will lose that money to the taxman if they don't. Wages are tax deductible. It worked perfectly for 40 years or so too.

wages-vs-productivity.png
 
iguanaman said:
The labor market has been manipulated to keep wages down. As soon as wages start to go up we have another recession. The only way to get wages moving again is to raise taxes on those that determine the wages. If they will have to pay most of their income to the Govt. they will choose their employees first. It worked perfectly for 40 years and then Reaganomics came along and employers decided they would keep their profits for themselves instead of sharing with their employees.
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That's just nuts. The standard of living (even for the poorest) is much, much higher than it was 50 years ago.
 
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