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This just speaks for itself. Voters please stop supporting the destruction of the working people
America’s companies are swimming in cash thanks to the big cut in the corporate tax rate.
The roughly 180 companies in the S&P 500 Index that have reported results saw their effective tax rate drop by 6 percent on average in the first quarter. That saved them a total of almost $13 billion in taxes, an analysis by Bloomberg shows. About a third of that went to 44 financial firms.
Verizon generated layoffs- $30 BILLION IN PROFITS AND A $4 BILLION TAX CUT, VERIZON SEEKS TO CUT 44,000 U.S. WORKERS, OUTSOURCE UP TO 5,000 JOBS
A number of good people lost their jobs as part of company-wide layoffs, despite Verizon taking in nearly $4 billion in government funded tax breaks last year and a promise that workers will 'share in the company's success,'"
This just speaks for itself. Voters please stop supporting the destruction of the working people
America’s companies are swimming in cash thanks to the big cut in the corporate tax rate.
The roughly 180 companies in the S&P 500 Index that have reported results saw their effective tax rate drop by 6 percent on average in the first quarter. That saved them a total of almost $13 billion in taxes, an analysis by Bloomberg shows. About a third of that went to 44 financial firms.
Verizon generated layoffs- $30 BILLION IN PROFITS AND A $4 BILLION TAX CUT, VERIZON SEEKS TO CUT 44,000 U.S. WORKERS, OUTSOURCE UP TO 5,000 JOBS
A number of good people lost their jobs as part of company-wide layoffs, despite Verizon taking in nearly $4 billion in government funded tax breaks last year and a promise that workers will 'share in the company's success,'"
It wasn't the FedGov's money to start with. It actually belongs to the stockholders.
This just speaks for itself. Voters please stop supporting the destruction of the working people
America’s companies are swimming in cash thanks to the big cut in the corporate tax rate.
The roughly 180 companies in the S&P 500 Index that have reported results saw their effective tax rate drop by 6 percent on average in the first quarter. That saved them a total of almost $13 billion in taxes, an analysis by Bloomberg shows. About a third of that went to 44 financial firms.
Verizon generated layoffs- $30 BILLION IN PROFITS AND A $4 BILLION TAX CUT, VERIZON SEEKS TO CUT 44,000 U.S. WORKERS, OUTSOURCE UP TO 5,000 JOBS
A number of good people lost their jobs as part of company-wide layoffs, despite Verizon taking in nearly $4 billion in government funded tax breaks last year and a promise that workers will 'share in the company's success,'"
Conservatives are saying "flood down". They think the tax cut has turbocharged the economy. It has but for whom? They are delusional. Anyone who spends a minute looking can see where most of the wealth of America is going. It has consistently gone to elites at the top of the income strata in ever increasing amounts over the past 30 years or more. That giant sucking sound is the siphoning up of the wealth of America going to a relative few wealthy elites. Coupled with their growing riches are government policies that consistently favor rich elites.
In this day and age there are ways to become richer and richer.
In fact there was an article out there the other day that the ultra wealthy are getting younger and younger
which means people are taking advantage of the opportunities in this market and making money.
https://finance.yahoo.com/news/uber-rich-getting-dramatically-younger-213025667.html
Did you read the part stating that nine out of ten of these young folks get their money from, wait, inheritance?
Also of note: There are more uber-wealthy households today than there were 10 years ago—which makes sense: 2008 was the first year of Great Recession. Today, there are around 172,000 households that earn $25 million per year or more, up from 84,000 from a decade ago. That means the number of ultra-rich households has actually doubled in a decade.
i guess you didn't read either. why are you so jealous of other peoples success?
Do you even know what money is? Have you looked at a dollar before? Whose picture is on it? It is a stockholder? Taxes are payments for services rendered. They're a lot like HOA fees. As long as you choose to live in the community the HOA gets to decide what your fees should be, and that money belongs to the HOA every month so they can pay the associated bills. If your HOA voted to give you a discount on your HOA, but then had to take out a loan to pay the lawn mowers which the HOA will have to pay back later would you say that's a smart financial choice? Maybe in a down economy when the people in the community are already struggling to pay their mortgages as it is it would be fine, but not in a strong economy.
Do you think it would be smart for your HOA to give you a break in your fees and just assume that you'll use the extra money that you have laying around hire your own lawn mower?
There is no such thing as TRICKLE DOWN. Check any data tables showing wealth gaps and you will see it always TRICKLES UP. It may be a raging torrent,, not a trickle. Thoriau made the comment that the MSM doesn't want to talk about it. Why don't they talk about it and hwo the Federal Reserve works at the same time? These subjects suffer from ommission and that is a type of censorship. The MSM NARRATIVE seems controlled if these subjects are taboo. Who/what would have that control. CORPORATISM should be a keyword in any analysis. Have you heard any nice words about SOCIALISM lately? Venezuela? Corporatism promotes Big Money, Socialism promotes the people? If the USA, starting with Obama, had not interfered with Venezuela's economy, it would not be the basket case it is today. It's because Socialism is trickle down and Corporate Amercia will do anything to sabotage a successful Socialist economy. It's the level where that control operates that operates the MSM by ommission. Corporatism succeeds by raping the Planet. We can be forgiven for not realizing that many years ago, but now that we know, adjustments must be made and the voters need to be informed truthfully for that to happen.
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When your HOA decides to raise your fees 7% every year and providing no new services for those increased costs, eventually the homeowners in the community are going to revolt against their homeowners' association.
why are you so jealous of other peoples success?
Nobody is jealous of success. What we want is A.) for people to actually earn it by doing something positive for the country. (i.e. not simply have it given to them by mommy and daddy). B.) ensure that those successful people are primarily funding a government that is almost exclusively designed for their own benefit. C.) Recognize that instead of paying a cop $50k a year to defend you from someone in poverty you could just as easily provide basic necessities for the person in poverty.
Wrong. Take professional sports for example. I'm not a Patriots fan, but I like them and respect them. Even though they win a lot I have no issue with it because the NFL has a salary cap that helps improve parity. For them to be so good for so long is due to the skillful managing of their roster. I do however hate the Yankees. Why? Not just because they win all the time, but because of how. The MLB has no real salary cap and little parity, as a result, the same 4 or 5 teams are in the playoffs every year while another 20 teams are lucky if they make the playoffs once or twice a decade. Not because they're mismanaged because they're in a smaller market.sure you are. otherwise, you wouldn't continue ranting about what other people do and why and how they are successful.
Wrong. Take professional sports for example. I'm not a Patriots fan, but I like them and respect them. Even though they win a lot I have no issue with it because the NFL has a salary cap that helps improve parity. For them to be so good for so long is due to the skillful managing of their roster. I do however hate the Yankees. Why? Not just because they win all the time, but because of how. The MLB has no real salary cap and little parity, as a result, the same 4 or 5 teams are in the playoffs every year while another 20 teams are lucky if they make the playoffs once or twice a decade. Not because they're mismanaged because they're in a smaller market.
The Yankees are able to leverage past success as well as the huge size of their market to increase their odds of future success. That hurts competition the same way millionaires and billionaires passing on their fortunes do. Even most middle and upper-class people have the advantage of getting some inheritance from parents. Just leaving your children a house is generally enough to radically advance their prospects in life.
You prove nothing. Your link focused on extreme cases. The invention of the internet explains that more than anything. This offers a much more accurate assessment of America in the decades following Reaganomics.way to avoid my post which proved you wrong.
next time you should try addressing what someone says it will help you out.
You prove nothing. Your link focused on extreme cases. The invention of the internet explains that more than anything. This offers a much more accurate assessment of America in the decades following Reaganomics.
https://www.businessinsider.com/social-mobility-is-on-the-decline-and-with-it-american-dream-2017-7
You should follow your own advice you conveniently ignored 66% of my original post to focus on the one thing you thought you could rebut, and you managed to fail miserably at even accomplishing that.
No, I'm saying the article focuses on the extremes without looking at the big picture which my article did. Your article isn't even attempting to make the argument you think it is. Now are you going to try and disagree with my article or are you just going to ignore it because you know you have no comeback.no my post proved you incorrect and you are saying that Forbes one of the best magazines and most trusted magazines out there is lying?
no i addressed everything in your post and proved you wrong.
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