GDP grew at a 6.9% pace to close out 2021, stronger than expected despite omicron spread

[Conservative]

Take it any way you like
you know IF you did STOP lying people wouldn't be pointing it out
Have a nice night

People? what people? Radical left cult followers that you want to believe. the explanation of the Trum tax cuts was posted, why are you ignoring it. Did the tax rates drop? Yes or now?

What Is the Tax Cuts and Jobs Act (TCJA)?

The Tax Cuts and Jobs Act (TCJA) reshaped U.S. taxes in 2018. The One Big Beautiful Bill Act of 2025 makes many TCJA provisions permanent—locking in lower rates, higher deductions, and new taxpayer benefits. Learn what changed.

www.investopedia.com

 

[Conservative]

Hello it was called a personal exemption on your 1040
it was 4050 dollars per person in the household on line 9
https://www.thebalance.com/personal-exemptions-3193153
What Legislation?
They didn't pass any bills that shut down the country
Remember you kept saying it was the Blue states that caused the shut down?
have a nice night

Your problem is that you ignored that the standard deduction was doubled, the child tax credit was doubled, for each child under 17 and another 500 dollar credit for child's over 17 with certain qualifications. So again were the tax rates reduced? Yes or no?

Be Tax Ready – understanding tax reform changes affecting individuals and families | Internal Revenue Service

FS-2019-2, February 2019 — The Tax Cuts and Jobs Act (TCJA), enacted in late 2017, produced the most sweeping tax law change in more than 30 years.

www.irs.gov

Doubt seriously that after the beating you are getting here you won't be having a good night

 

[Tbird19482]

Semantics, saying that I lied is indeed calling me a liar, Unlike many here on the left I don't report people for name calling

Because your state and local taxes have nothing to do with federal expenses


Did you nor realize that prior to the tax cuts the marriage deduction was 12700 and went to 24000 so that is higher than the 20170 that you posted

Again, you chose to live in NY and prior to the Trump tax cuts you were deducting your state and local taxes in their entirety but you still are able to deduct some of those state fees just not all. As the article that you ignored pointed out rates were cut thus FIT was cut. Taxable income remains your problem without the high state and local tax deductions.

Personal dependents are still deductible so I can only assume just aren't educated on the tax laws and buy what the left tells you

Oh by the way Your Party controls both houses of Congress so why don't they extend the individual tax cuts?

well that's even better
take 12700 and add 8100 to it and your deduction was 20800
yes a married couple with no kids made out because it went up to 24000 now add one child at 4050 that means that married couple's with one child taxable income went up 850 dollars and another 4050 per additional child and their taxable income keeps going up and up.
when this first came out they were saying it was great for a family of 5
well lets see12700 plus 28350 ( 7 exemptions , 2 parents and 5 kids ) is 40050 now subtract 24000 and their taxable income went up 16050
and you do understand you pay taxes on taxable income?
Have a nice night

 

[Tbird19482]

People? what people? Radical left cult followers that you want to believe. the explanation of the Trum tax cuts was posted, why are you ignoring it. Did the tax rates drop? Yes or now?

What Is the Tax Cuts and Jobs Act (TCJA)?

The Tax Cuts and Jobs Act (TCJA) reshaped U.S. taxes in 2018. The One Big Beautiful Bill Act of 2025 makes many TCJA provisions permanent—locking in lower rates, higher deductions, and new taxpayer benefits. Learn what changed.

www.investopedia.com

What people how about all the other people on here that have pointed out your lies / distortions and twisting of the truth to try and make it fit what you want it to
have a nice night

 

[Conservative]

well that's even better
take 12700 and add 8100 to it and your deduction was 20800
yes a married couple with no kids made out because it went up to 24000 now add one child at 4050 that means that married couple's with one child taxable income went up 850 dollars and another 4050 per additional child and their taxable income keeps going up and up.
when this first came out they were saying it was great for a family of 5
well lets see12700 plus 28350 ( 7 exemptions , 2 parents and 5 kids ) is 40050 now subtract 24000 and their taxable income went up 16050
and you do understand you pay taxes on taxable income?
Have a nice night

And now the marriage deduction is 24,000, you have a 2000 tax credit for each child, another 500 for older children if in College or meet other requirements. Tax rates DROPPED, that is the FIT that you claim raised your taxes, lower tax rates?? Unbelievable. You simply cannot admit being wrong. 5 kids at 2000 each=10,000

You better get a more professional tax accountant.

This is purely stunning ignorance DID THE TAX RATES GET CUT????????

 

[Conservative]

What people how about all the other people on here that have pointed out your lies / distortions and twisting of the truth to try and make it fit what you want it to
have a nice night

No, you are delusional, the articles I posted aren't my words they describe the Trump tax cuts which you still ignore. Why can't you get that through your head and admit when wrong. Other people? You cannot defend your own position but have proven that allowing others to tell you want to say or feel destroys what little credibility you had left.

Going to say this one more time, TAX RATES WERE CUT THUS FEDERAL WITHHOLDING CUT

What Is the Tax Cuts and Jobs Act (TCJA)?

The Tax Cuts and Jobs Act (TCJA) reshaped U.S. taxes in 2018. The One Big Beautiful Bill Act of 2025 makes many TCJA provisions permanent—locking in lower rates, higher deductions, and new taxpayer benefits. Learn what changed.

www.investopedia.com

The law retained the old structure of seven individual income tax brackets, but in most cases, it lowered the rates. The top rate fell from 39.6% to 37%, while the 33% bracket dropped to 32%, the 28% bracket to 24%, the 25% bracket to 22%, and the 15% bracket to 12%.10 The lowest bracket remained at 10%, and the 35% bracket was also unchanged. The income bands that the new rates applied to are lower, compared to 2018 brackets under current law, for the five highest brackets.

 

[Conservative]

What people how about all the other people on here that have pointed out your lies / distortions and twisting of the truth to try and make it fit what you want it to
have a nice night

LOL, anything that doesn't agree with your opinion and narrative is called a lie regardless of the accuracy of the post. you cannot point to any specific lie that I have told or any data that I have posted that is false as context also destroys you

The real problem is your lack of understanding of the economic shutdown and its purpose. Bipartisan action sent money to the American people forced to stay home because of the pandemic. It is an undeniable fact that the economic shutdown was to stop the spread of the virus and cost the American economy approximately 10 million jobs taking the unemployment down to 14.7%

Job Losses in 2020 Were Worst Since 1939, With Hispanics, Blacks, Teenagers Among Hardest Hit

Steep losses in leisure and hospitality drove up unemployment across groups already disproportionately affected by the economic impact of the coronavirus.

www.wsj.com

Top Picks

data.bls.gov

When those jobs returned there was job growth but NOT new job creation, that won't happen until we hit 159 million which was the employment number in February 2020. It is 156 million today, two years later

 

[rahl]

Hitching your wagon to another poorly informed and educated liberal doesn't do your credibility any good, have no idea who that poster is, don't see the alias on my screen

Did we have a shutdown in 2020? How did that happen with Democrats in control of the House. DO you have any clue how legislation is passed?

what house bill shut down each sate? you made the claim, because you don't have any ****ing idea what you are talking about, as usual. So, be specific. What specific house bill shut down the states? When you can't provide one, will you admit you were wrong? My money is on no lol.

 

[rahl]

Some people are just too bullheaded to admit being wrong and I just found one, Your tax rates were cut, you got a tax cut your deductions went down therefore you may have paid more in taxes. Still no answer why should you be able to deduct your state and local taxes from your federal return. Very tired of paying more in taxes than you because I don't have the high state and local taxes to deduct. Calling me a liar is a personal attack and I suggest you stop it

 

[ElChupacabra]

what house bill shut down each sate? you made the claim, because you don't have any ****ing idea what you are talking about, as usual. So, be specific. What specific house bill shut down the states? When you can't provide one, will you admit you were wrong? My money is on no lol.

That the economy was "shut down" is a misleading way to frame it simply because it didn't happen across the board. There were certainly some areas of the business world which were disproportionately impacted as it relates to closures (our small business being one of them) but it was hardly what we saw in China which was something much closer to a full shutdown than what was done here.

You're correct that there was no piece of legislation which accomplished this either since states were implementing various mitigation measures; some more stringent than others. From a consumption perspective, it took a hit in some of the standard products and services, but grew in others as those needs changed.

 

[Tbird19482]

LOL, anything that doesn't agree with your opinion and narrative is called a lie regardless of the accuracy of the post. you cannot point to any specific lie that I have told or any data that I have posted that is false as context also destroys you

The real problem is your lack of understanding of the economic shutdown and its purpose. Bipartisan action sent money to the American people forced to stay home because of the pandemic. It is an undeniable fact that the economic shutdown was to stop the spread of the virus and cost the American economy approximately 10 million jobs taking the unemployment down to 14.7%

Job Losses in 2020 Were Worst Since 1939, With Hispanics, Blacks, Teenagers Among Hardest Hit

Steep losses in leisure and hospitality drove up unemployment across groups already disproportionately affected by the economic impact of the coronavirus.

www.wsj.com

Top Picks

data.bls.gov

When those jobs returned there was job growth but NOT new job creation, that won't happen until we hit 159 million which was the employment number in February 2020. It is 156 million today, two years later

Well when people on here put up proof and links that show you you were telling lies and didn't know what you are talking about you either run away / try to twist things you said around to try and make sense out of it or try to change the subject
I have seen several people on here point out the fact you lie all the time
now back to the topic subject
and it has been pointed out by other people you are the only one who seems to count jobs the way you do
I understand how you are counting them BUT it would be nice if you did it the same way for when we have a Dem President as when we Have a Republican President
have a nice day

 

[Conservative]

Well when people on here put up proof and links that show you you were telling lies and didn't know what you are talking about you either run away / try to twist things you said around to try and make sense out of it or try to change the subject
I have seen several people on here point out the fact you lie all the time
now back to the topic subject
and it has been pointed out by other people you are the only one who seems to count jobs the way you do
I understand how you are counting them BUT it would be nice if you did it the same way for when we have a Dem President as when we Have a Republican President
have a nice day

I gave you the proof, what you called proof was someone else's opinion, an opinion from someone with the same ideology as yours. that doesn't make their comments any more accurate than yours. Refute the links I gave you, Tax rates were cut, PROVEN. You got a Federal Income Tax cut but your deductions were reduced as you no longer can deduct your high state and local taxes completely. You never did say why your state and local taxes should be deducted from your federal return?

You really are focused on the D vs R rather than policies totally ignoring that I supported the D when I thought they were right but that party left me. You haven't figured it out yet buying rhetoric and ignoring results

 

[code1211]

Covid: Who is not vaccinated in the US and what's the risk?

We break down the facts on who's getting the shot and who's not - and each group's odds of survival.

www.bbc.com

The vaccination rate in the US tracking those who are fully vaccinated is now at 65%.

Those with only one or two vaccinations is an additional 10%.

With respect, you chart here is complete garbage.

US Coronavirus vaccine tracker

Each state has a different plan — and different challenges — in distributing vaccines. Learn more about who is getting vaccinated by parsing the data by age, sex and race.

usafacts.org

 

[Taylor]

When those jobs returned there was job growth but NOT new job creation, that won't happen until we hit 159 million which was the employment number in February 2020. It is 156 million today, two years later

We may be headed in the wrong direction on Friday if the ADP numbers are any reflection on what to expect.

U.S. businesses shed 301,000 jobs in January, ADP says, in biggest drop since start of pandemic

Privately run U.S. businesses reduced employment by 301,000 jobs in January –- the worst reading since the start of the pandemic— as a record omicron wave kept people out of work and delayed hiring plans.

www.marketwatch.com

 

[Tbird19482]

I gave you the proof, what you called proof was someone else's opinion, an opinion from someone with the same ideology as yours. that doesn't make their comments any more accurate than yours. Refute the links I gave you, Tax rates were cut, PROVEN. You got a Federal Income Tax cut but your deductions were reduced as you no longer can deduct your high state and local taxes completely. You never did say why your state and local taxes should be deducted from your federal return?

You really are focused on the D vs R rather than policies totally ignoring that I supported the D when I thought they were right but that party left me. You haven't figured it out yet buying rhetoric and ignoring results

I never said they didn't cut the tax rates.
and I also showed you where some people's taxes went up under the so called tax cut.
and what proof are you talking about , How the House" Authorized " the shutdowns?
NOT
still can't explain that statement you made can you?
now back to the topic of the thread
Have a nice day

 

[Conservative]

I never said they didn't cut the tax rates.
and I also showed you where some people's taxes went up under the so called tax cut.
and what proof are you talking about , How the House" Authorized " the shutdowns?
NOT
still can't explain that statement you made can you?
now back to the topic of the thread
Have a nice day

Your problem continues, your taxes didn't go up, what you paid went up due to the fact that your deductions went down/ You ever going to explain why state and local taxes should be deducted from your federal return?

You really are into this "House" Issue, Why? Why is that even relevant? The Covid 19 response was BIPARTISAN, any idea what that means? Do you agree that the economy was shutdown? Can you explain why? This is a non issue except for people like you who want to divert from actual results generated by Biden.

Not sure why you are so loyal to the liberal ideology when the results never match the rhetoric. If you want to give Biden credit tell us what policies he generated or created that gave us the results you now want to tout? As pointed out blue states for some reason don't have the results of Red states. Think policies or governor reaction had anything to do with it?

 

[rahl]

Your problem continues, your taxes didn't go up, what you paid went up due to the fact that your deductions went down/ You ever going to explain why state and local taxes should be deducted from your federal return?

You really are into this "House" Issue, Why? Why is that even relevant?

Because you flat out asserted in numerous posts, that the HOUSE authorized the shut down. You were unequivocally proven wrong on that, and asked to admit you were wrong. We bring it up because 1) it's hilarious and 2) you accuse other people of not admitting when they are wrong.

Not sure why you are so loyal to the liberal ideology when the results never match the rhetoric.

The results completely smash conservative ideology, in every metric.

If you want to give Biden credit tell us what policies he generated or created that gave us the results you now want to tout?

Asked and answered.

As pointed out blue states for some reason don't have the results of Red states.

This is a flat out, repeatedly proven lie. Why do you lie so much?

 

[Kushinator]

We may be headed in the wrong direction on Friday if the ADP numbers are any reflection on what to expect.

U.S. businesses shed 301,000 jobs in January, ADP says, in biggest drop since start of pandemic

Privately run U.S. businesses reduced employment by 301,000 jobs in January –- the worst reading since the start of the pandemic— as a record omicron wave kept people out of work and delayed hiring plans.

www.marketwatch.com

Only scumbag cultists celebrate potential economic headwinds because they believe it helps their team win votes in what they deem rigged elections.

 

[Taylor]

Only scumbag cultists celebrate potential economic headwinds because they believe it helps their team win votes in what they deem rigged elections.

Someone's triggered.

 

[Chomsky]

We may be headed in the wrong direction on Friday if the ADP numbers are any reflection on what to expect.

U.S. businesses shed 301,000 jobs in January, ADP says, in biggest drop since start of pandemic

Privately run U.S. businesses reduced employment by 301,000 jobs in January –- the worst reading since the start of the pandemic— as a record omicron wave kept people out of work and delayed hiring plans.

www.marketwatch.com

I'm glad that you tried to present this in a measured sense, using the line, "We may be heading in the wrong direction . . . ".

I believe the January employment drop is very likely a Coronavirus induced blip, as your source declares:

The biggest decline in employment took place at small companies that mainly provide services: hotels, restaurants, entertainment venues, transportation services and so forth. Small businesses lost 144,000 jobs.

Customers stayed away due to business restrictions or fear of catching the coronavirus.

The good news? Omicron is fading fast and business leaders says hiring and employment should rebound soon.

--

My suspicion is by March, unemployment will be quite a bit better & might even be going gangbusters.

As long as the following below (from your article again) is in place, unemployment is going to be low, low, low!

Big picture: Businesses are eager to fill a record number of open jobs and keep up with strong demand for their goods and services. There are almost 11 million job openings in the U.S., a government survey shows.

The problem is finding enough people to fill all the empty positions. Several million workers who left the labor force early in the pandemic have not returned and many may never do so. Frequent coronavirus outbreaks have also made it harder for some people such as women or caregivers to return to work.

For the immediate future, employment itself may not grow as fast as we'd like, but unemployment will quite possibly go even lower. This scenario is excellent for the American worker, with rising wages, benefits, and working conditions, being the only resolution. Quite honestly, I haven't seen the American worker in such an empowered position since the early 70's!

But while the fundamentals look excellent for the American worker, the pandemic will remain the wild card; it can make or break the employment markets, as we see for January.

Also, interest rate hikes may come to bear, but I don't see that substantively disturbing the immediately coming months.

--

If you're employed, now's the time to negotiate!

 

[Chomsky]

That the economy was "shut down" is a misleading way to frame it simply because it didn't happen across the board. There were certainly some areas of the business world which were disproportionately impacted as it relates to closures (our small business being one of them) but it was hardly what we saw in China which was something much closer to a full shutdown than what was done here.

You're correct that there was no piece of legislation which accomplished this either since states were implementing various mitigation measures; some more stringent than others. From a consumption perspective, it took a hit in some of the standard products and services, but grew in others as those needs changed.

There are few that are more desiring for the pandemic to recede, than small businesses!

My heart goes out to the small businesses across America, and especially to those in my neighborhood that are a resource for me.

A lack of materials & supplies, lack of workers, lack of resources in general, along with the added difficulties & costs of doing business! Wow! It's like a quadruple whammy, for them! To say nothing of the anxiety they experience from the dangers of infection. "Better them than me", is all I can say, because I'd find it nerve wracking!

I always tried to be a reasonable tipper. But now, I find I'm dropping coin on those I never even did before. When I call-in my curbside pick-ups, I toss-in a gratuity and request it be given to the individual running the food out to me or bringing it to the door. Even if 'the runner' is the proprietor. I want them to know I appreciate what they're doing for me, and I want to encourage more of it. It must be working, because in most cases I seem to be getting exemplary service, and it really helps bring down my stress levels, to say nothing of the convenience!

 

[Taylor]

I'm glad that you tried to present this in a measured sense, using the line, "We may be heading in the wrong direction . . . ".

The ADP numbers don't always correlate well with the BLS numbers, especially lately. So yes, they are an indicator, but should be taken with a grain of salt.

Still, it's saying something to go from almost 800,000 last month to -300,000 this month. People were trying to spin last month's numbers as being high "despite Omicron" - but Omicron really hadn't hit when they looked at the numbers.

I believe the January employment drop is very likely a Coronavirus induced blip, as your source declares:

Most definitely a good part of it.

My suspicion is by March, unemployment will be quite a bit better & might even be going gangbusters.

We can hope, but until it actually happens it's just speculation. We've heard the same thing about inflation, which has persisted. We heard the same thing about gas prices, now going back up.

This scenario is excellent for the American worker, with rising wages, benefits, and working conditions, being the only resolution. Quite honestly, I haven't seen the American worker in such an empowered position since the early 70's!

The average wage "rises" just by having so many service people out of work. Real wages are actually declining.

 

[ElChupacabra]

There are few that are more desiring for the pandemic to recede, than small businesses!

My heart goes out to the small businesses across America, and especially to those in my neighborhood that are a resource for me.

A lack of materials & supplies, lack of workers, lack of resources in general, along with the added difficulties & costs of doing business! Wow! It's like a quadruple whammy, for them! To say nothing of the anxiety they experience from the dangers of infection. "Better them than me", is all I can say, because I'd find it nerve wracking!

I always tried to be a reasonable tipper. But now, I find I'm dropping coin on those I never even did before. When I call-in my curbside pick-ups, I toss-in a gratuity and request it be given to the individual running the food out to me or bringing it to the door. Even if 'the runner' is the proprietor. I want them to know I appreciate what they're doing for me, and I want to encourage more of it. It must be working, because in most cases I seem to be getting exemplary service, and it really helps bring down my stress levels, to say nothing of the convenience!

Amen to that. I am grateful everyday that my wife and I (95% my wife) were able to pivot and keep our small business alive. The pandemic really switched things around because we were on such a great growth trajectory, and then in a short span of time, the gains vanished. The good thing is the situation continues to improve so that's been really encouraging. My career is also changing due as I'm a beneficiary of the competitive job market and landed myself a new role making significantly more and with more flexibility.

 

[poweRob]

I'm glad that you tried to present this in a measured sense, using the line, "We may be heading in the wrong direction . . . ".

I believe the January employment drop is very likely a Coronavirus induced blip, as your source declares:




--

My suspicion is by March, unemployment will be quite a bit better & might even be going gangbusters.

As long as the following below (from your article again) is in place, unemployment is going to be low, low, low!



For the immediate future, employment itself may not grow as fast as we'd like, but unemployment will quite possibly go even lower. This scenario is excellent for the American worker, with rising wages, benefits, and working conditions, being the only resolution. Quite honestly, I haven't seen the American worker in such an empowered position since the early 70's!

But while the fundamentals look excellent for the American worker, the pandemic will remain the wild card; it can make or break the employment markets, as we see for January.

Also, interest rate hikes may come to bear, but I don't see that substantively disturbing the immediately coming months.

--

If you're employed, now's the time to negotiate!

The current unemployment rate is 3.9%. It's pretty damn good already.

 

[poweRob]

The ADP numbers don't always correlate well with the BLS numbers, especially lately. So yes, they are an indicator, but should be taken with a grain of salt.

Still, it's saying something to go from almost 800,000 last month to -300,000 this month. People were trying to spin last month's numbers as being high "despite Omicron" - but Omicron really hadn't hit when they looked at the numbers.


Most definitely a good part of it.


We can hope, but until it actually happens it's just speculation. We've heard the same thing about inflation, which has persisted. We heard the same thing about gas prices, now going back up.
View attachment 67372429

The average wage "rises" just by having so many service people out of work. Real wages are actually declining.
View attachment 67372431

Imagine that... during "inflation".

Oil Giant Exxon Stock Rises on Record Profit; Target Price $100 in Best Case

Oil giant Exxon Mobil reported its largest quarterly profit in seven years during the fourth quarter of 2021.

finance.yahoo.com