• This is a political forum that is non-biased/non-partisan and treats every person's position on topics equally. This debate forum is not aligned to any political party. In today's politics, many ideas are split between and even within all the political parties. Often we find ourselves agreeing on one platform but some topics break our mold. We are here to discuss them in a civil political debate. If this is your first visit to our political forums, be sure to check out the RULES. Registering for debate politics is necessary before posting. Register today to participate - it's free!

Trump bear market

CaughtInThe said:
holy cow. that's one of the dumbest things i've ever read. this dude thinks traders don't have retirement accounts.
Click to expand...

A trader gets in and out of stocks many times before dividends whereas an investor is long term. Not sure where you get your information but better get a refund if you paid for it
 
CaughtInThe said:
dude. Trump gave himself a huge, permanent tax cut. he gave most people that post here a temporary small tax cut.

man, do people here really not understand this basic stuff?
Click to expand...

Why do you care? How does someone else getting a tax cut hurt you, your family or the country? You no understanding as to the real role of the Federal govt. and are easily indoctrinated by the left. Good question why don't you understand this basic stuff as it is the people money first
 
99percenter said:
LOL. So you only think wealthy pay taxes?
Click to expand...

approximately 50% of income earners pay ZERO Federal taxes, suggest you contact the IRS and tell them their data is wrong. Are you still going to claim that an income earner shouldn't be paying something in Federal Income taxes to fund the operating expenses of the gov't? My bet is you have no idea what the line items in the budget are for federal expenses to be funded by FIT, not payroll taxes, not excise taxes.
 
Conservative said:
A trader gets in and out of stocks many times before dividends whereas an investor is long term. Not sure where you get your information but better get a refund if you paid for it
Click to expand...

wow. you're so naive that you think we're not both.
 
Conservative said:
Why do you care? How does someone else getting a tax cut hurt you, your family or the country? You no understanding as to the real role of the Federal govt. and are easily indoctrinated by the left. Good question why don't you understand this basic stuff as it is the people money first
Click to expand...

did you complain about the national debt under Obama?
 
CaughtInThe said:
did you complain about the national debt under Obama?
Click to expand...

Yes and will do with Trump as well when he is given the budget he requests. Did the GOP spend more or less than Obama wanted during the Obama term? when did the Obama deficit get under a trillion dollars? Trumps first budget was 2018 and wasn't approved by Congress which has a Senate that requires 60 votes for passage. Maybe you ought to research more and post less!
 
CaughtInThe said:
Come on dude. Nobody is gonna buy that traders don't have investment accounts.

What do you think this is Vegas?
Click to expand...

No one said traders don't have investment accounts, I posted the definition of a trader and investor.
 
Conservative said:
approximately 50% of income earners pay ZERO Federal taxes, suggest you contact the IRS and tell them their data is wrong. Are you still going to claim that an income earner shouldn't be paying something in Federal Income taxes to fund the operating expenses of the gov't? My bet is you have no idea what the line items in the budget are for federal expenses to be funded by FIT, not payroll taxes, not excise taxes.
Click to expand...

Many people with zero tax rates are very poor or very rich and are taking advantage of loop holes. The middle and upper middle class the people that make 100k-300k received a tax increase thanks to trump capping salt deduction at 10 grand.
 
99percenter said:
Many people with zero tax rates are very poor or very rich and are taking advantage of loop holes. The middle and upper middle class the people that make 100k-300k received a tax increase thanks to trump capping salt deduction at 10 grand.
Click to expand...

I know how much the bureaucrats appreciate your support for higher taxes, are you doing your share? the fact is approximately 50% of income earners paying zero in Federal Income taxes to fund things like national defense is a travesty and yet you and your ilk want higher taxes on people already paying taxes. In your world higher taxes is the answer to everything except more consumer spending which drives our economy
 
99percenter said:
Many people with zero tax rates are very poor or very rich and are taking advantage of loop holes. The middle and upper middle class the people that make 100k-300k received a tax increase thanks to trump capping salt deduction at 10 grand.
Click to expand...

You don't think that the ultra rich who live in NY or Calif. who receive a w-2 saw their taxes go up?
 
washunut said:
You don't think that the ultra rich who live in NY or Calif. who receive a w-2 saw their taxes go up?
Click to expand...

Nope. Any loss in deductions was offset by a reduction in rates for them. Taxes will go up for people in illinois, ny, and nj that made 100-300k and itemized over 24k.
 
99percenter said:
Nope. Any loss in deductions was offset by a reduction in rates for them. Taxes will go up for people in illinois, ny, and nj that made 100-300k and itemized over 24k.
Click to expand...

Losing any of the high blue state taxation levels the playing field with red states that don't have those high state and local taxes and it is about time. Good, makes people in those states realize the cost of liberal social spending. Why should anyone be allowed to deduct their state and local taxes from their federal tax liabilities?
 
99percenter said:
Now that trumps policies are fully implemented, we are entering a bear market, Housing market is stumbling. Are we in a situation similar to 2008 where it will all go to ****?
Click to expand...

Looks like that Trump bear market is getting close to that record high again so love to see the revised definition by you as to what a bear market is. It is interesting to me how so many hard core people like you cannot celebrate success and always have to promote negativity.

Dow notches 8th straight week of gains on trade optimism | Fox Business

The new definition of a bear market=8 straight weeks of gains!!
 
Last edited:
Conservative said:
I know how much the bureaucrats appreciate your support for higher taxes, are you doing your share? the fact is approximately 50% of income earners paying zero in Federal Income taxes to fund things like national defense is a travesty and yet you and your ilk want higher taxes on people already paying taxes. In your world higher taxes is the answer to everything except more consumer spending which drives our economy
Click to expand...
Seeing that large Corporations are considered " Entities" and have all the rights that people have and are suppose to pay US Income taxes are they included in that 50% you say do not pay any US Income taxes?
If not they should be.
in 2017 42% of all large Companies that made over a million dollars in US Profits paid NO US income taxes and some of them made Billions in US Profits.
So these companies use the Systems and receive benefits from the US Government that these taxes pay for to make their Profits
so as I suggested before they should get rid of all the deductions these businesses use to get out of paying US income taxes and have a flat Corporation income tax say of 7 to 10% tax rate so they all pay some thing
as it is now there are super large Corporations like GE that don't pay a cent in US income taxes on their Billions of US Profits and some of the smaller ones are paying a large amount.
The GAO has said that with Trumps tax cut that 42% of all large Corporations that make over a million dollars in US Profits will go up to about 65% of all US Corporations.
I have asked many Trump backers how does it feel to work 40 plus hours a week and pay MORE in US income taxes then a super large Corporations that are making million if not Billions in US Profits
have a nice day
 
Conservative said:
Yes and will do with Trump as well when he is given the budget he requests. Did the GOP spend more or less than Obama wanted during the Obama term? when did the Obama deficit get under a trillion dollars? Trumps first budget was 2018 and wasn't approved by Congress which has a Senate that requires 60 votes for passage. Maybe you ought to research more and post less!
Click to expand...
Maybe IF you did a little research you would know what years Obama's deficits were below 1 Trillion dollars
Here read

Page Not Found



FY 2017 - $666 billion. Although Trump requested additional spending, Congress did not approve it.
FY 2016 - $585 billion.
FY 2015 - $438 billion.
FY 2014 - $485 billion.
FY 2013 - $679 billion.
FY 2012 - $1.087 trillion.
FY 2011 - $1.300 trillion.
FY 2010 - $1.547 trillion. This is the sum of $1.294 trillion plus $253 billion from the Obama Stimulus Act that was attached to the FY 2009 budget.

President George W. Bush: Total = $3.293 trillion, a 57 percent increase.

FY 2009 - $1.16 trillion. This amount is calculated from $1.413 trillion minus $253 billion from Obama's Stimulus Act.

So in 2013/14/15/16/ and 17 all were under a Trillion dollars

and as for the debt Obama increased it 1.65 Trillion his first fiscal year
1.22 Trillion his 2nd fiscal year
1.26 Trillion his third fiscal year
671 BILLION his 4th fiscal year
1.08 Trillion his 5th fiscal year
326 Billion his 6th fiscal year
1.4 Trillion his 7th fiscal year a
and 671 Billion his 8th fiscal year
Three years were under 700 BILLION dollars
in ALL but two years Obama had a debt increase lower then Trumps first fiscal year.
and you can add Obama's 4th and 6th year TOGETHER and they are less then Trumps first fiscal year
and Obama's 6th and 8th Fiscal years together and they are less then trumps first fiscal year
all info came from the US Treasury website.
Hope that helps
Have a nice day
 
Conservative said:
Losing any of the high blue state taxation levels the playing field with red states that don't have those high state and local taxes and it is about time. Good, makes people in those states realize the cost of liberal social spending. Why should anyone be allowed to deduct their state and local taxes from their federal tax liabilities?
Click to expand...
That would be true IF all states received the same percentage of their taxes back from the federal Government
NOT the Red states getting more back then they paid in and the Blue states less
Have a nice day
 
Tbird19482 said:
That would be true IF all states received the same percentage of their taxes back from the federal Government
NOT the Red states getting more back then they paid in and the Blue states less
Have a nice day
Click to expand...

Some people are a waste of time, too partisan and too ignorant of civics to understand first the reality that Presidents have ZERO spending authority without a budget or continuing resolutions, second the stock market was 18k on after election day and is closing in on 26k again this past week after 8 STRAIGHT WEEKS of gains which doesn't define a BEAR market

The radical left has indoctrinated far too many people showing their educational deficiencies as these people only think with their hearts and not brain. They will continue to buy what they want to hear totally ignoring the reality of Federal spending bills always focusing on class envy, jealousy, and promoting misery.
 
99percenter said:
Now that trumps policies are fully implemented, we are entering a bear market, Housing market is stumbling. Are we in a situation similar to 2008 where it will all go to ****?
Click to expand...

I know this just had to be an oversight on your part but the Trump bear market just went over 26k again as you and the radicals continue to define bear market differently.
 
Conservative said:
You keep believing that but where is the data and policy information to support that? 1.2% GDP growth first quarter tells a different story than you
Click to expand...

The current Atlanta Fed GDPNow forecast for the Q4: 1.4 percent — February 21, 2019. If it turns out that way, 2018 GDP will be 2.825% -- still no better than Obama's numbers.
 
MTAtech said:
The current Atlanta Fed GDPNow forecast for the Q4: 1.4 percent — February 21, 2019. If it turns out that way, 2018 GDP will be 2.825% -- still no better than Obama's numbers.
Click to expand...

But that's with 4% unemployment and $800 billion in deficit spending. :lol:
 
You must log in or register to reply here.
Back
Top Bottom