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Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich

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Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich

It will be way up when people get done working through shutdowns, leave pay, etc. There are restaurants closing every day, more than there were last week. If the bonus becomes law there are a ton of hourly workers who will be begging for a lay-off.
I talked to a guy this morning who makes $400/week. Laid off, he would get $900. He is waiting for the final signature to plead with his boss to be sent home for the summer. And he will be, as a favor to a 15-year employee.

400 bucks a week? Where does he work, on a plantation?
 
400 bucks a week? Where does he work, on a plantation?
30 hours/week in a wood shop, running machines.
This is the UP. Any job where you’re not working for muskrat pelts is high society.
I hired a journeyman plumber for $25/hour last year. I had to talk him into taking a tip.
 
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Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich

Well the job loss figures didnt offset the friggin BS bailout. Dow rising again. If that doesnt show what is wrong with this stupid country I dont know what does.

It is going to be great though when this stimulus deal does nothing to prevent total meltdown just like every other stimulus deal the GOP does. Then they will still rail against socialism cause god forbid we actually help people...only businesses truly need out help.
 
Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich

At this point when the Dow goes up you know you've just been screwed.

We need to start putting our money somewhere else (e.g., bonds, real estate). Once we sever the chokehold they have on us through our 401(k)s we can burn them to the ground.

They aren't the economy; they're a casino where either they win or we lose.
 
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Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich

<blockquote class="twitter-tweet"><p lang="en" dir="ltr">Airline companies that chose to invest billions in stock buybacks receive $25B.<br> <br>Already underfunded community health centers on the frontlines of this pandemic receive $1.3B.<br> <br>Any further COVID-19 package needs to put health care providers and workers first.</p>— Rep. Joe Kennedy III (@RepJoeKennedy) <a href="https://twitter.com/RepJoeKennedy/status/1243203242449920000?ref_src=twsrc%5Etfw">March 26, 2020</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 
Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich

<blockquote class="twitter-tweet"><p lang="en" dir="ltr">Airline companies that chose to invest billions in stock buybacks receive $25B.<br> <br>Already underfunded community health centers on the frontlines of this pandemic receive $1.3B.<br> <br>Any further COVID-19 package needs to put health care providers and workers first.</p>— Rep. Joe Kennedy III (@RepJoeKennedy) <a href="https://twitter.com/RepJoeKennedy/status/1243203242449920000?ref_src=twsrc%5Etfw">March 26, 2020</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

With the new glut of cash going out soon the heist is rising to 24 trillion dollars. Just imagine the preparedness and readiness we could have had for the next pandemic (this one) with that kind of cash.
 
Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich

With the new glut of cash going out soon the heist is rising to 24 trillion dollars. Just imagine the preparedness and readiness we could have had for the next pandemic (this one) with that kind of cash.

Conservatives wanted smaller government.

They got it.
 
Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich

With the new glut of cash going out soon the heist is rising to 24 trillion dollars. Just imagine the preparedness and readiness we could have had for the next pandemic (this one) with that kind of cash.

You mean like how Minnesota has plenty of money to deal with this because we have Dem Governors who prepare?
 
Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich

Conservatives wanted smaller government.

They got it.

Oh, they love themselves some big government when it comes to Vagina's and the Southern Border. Then, the bigger the better.
 
Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich

You mean like how Minnesota has plenty of money to deal with this because we have Dem Governors who prepare?

We do live in the correct state. If our state was in a country that wasn't so ****ed up we'd be in even better shape.
 
With the new glut of cash going out soon the heist is rising to 24 trillion dollars. Just imagine the preparedness and readiness we could have had for the next pandemic (this one) with that kind of cash.

Why, that's almost Green New Deal money.
 
Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich

Has anyone in the admin bothered trying to justify Mnuchin, I mean Jared, I mean the US taxpayers are taking ownership of airlines? Wouldn’t this normally have been a loan? Frickin oligarchs

Remember "Government Motors"? The feds sold their stake in 2013 and turned a profit.
 
Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich

<blockquote class="twitter-tweet"><p lang="en" dir="ltr">Senate Republicans inserted a provision in the 880-page bill that would permit wealthy investors to use losses generated by real estate to minimize their taxes on profits from things like investments in the stock market.<br>Cost over 10 years is $170 billion. <a href="https://t.co/qbVCekFrin">https://t.co/qbVCekFrin</a></p>— andrew kaczynski🤔 (@KFILE) <a href="https://twitter.com/KFILE/status/1243280861086257157?ref_src=twsrc%5Etfw">March 26, 2020</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>


Capitalism: Calvinball where only the rich get to make up the rules
 
Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich

<blockquote class="twitter-tweet"><p lang="en" dir="ltr">THIS IS RICH: The big cruise lines incorporated offshore (<a href="https://twitter.com/CarnivalCruise?ref_src=twsrc%5Etfw">@CarnivalCruise</a> in Panama, <a href="https://twitter.com/RoyalCaribbean?ref_src=twsrc%5Etfw">@RoyalCaribbean</a> in Liberia, <a href="https://twitter.com/CruiseNorwegian?ref_src=twsrc%5Etfw">@CruiseNorwegian</a> in Bermuda), allowing them to avoid US taxes.<br><br>But now they're worried that their offshore registrations will prevent them from getting US stimulus $. <a href="https://t.co/ojhUo5Fa5L">https://t.co/ojhUo5Fa5L</a></p>— Kenneth P. Vogel (@kenvogel) <a href="https://twitter.com/kenvogel/status/1243263600950738944?ref_src=twsrc%5Etfw">March 26, 2020</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 
<blockquote class="twitter-tweet"><p lang="en" dir="ltr">THIS IS RICH: The big cruise lines incorporated offshore (<a href="https://twitter.com/CarnivalCruise?ref_src=twsrc%5Etfw">@CarnivalCruise</a> in Panama, <a href="https://twitter.com/RoyalCaribbean?ref_src=twsrc%5Etfw">@RoyalCaribbean</a> in Liberia, <a href="https://twitter.com/CruiseNorwegian?ref_src=twsrc%5Etfw">@CruiseNorwegian</a> in Bermuda), allowing them to avoid US taxes.<br><br>But now they're worried that their offshore registrations will prevent them from getting US stimulus $. <a href="https://t.co/ojhUo5Fa5L">https://t.co/ojhUo5Fa5L</a></p>— Kenneth P. Vogel (@kenvogel) <a href="https://twitter.com/kenvogel/status/1243263600950738944?ref_src=twsrc%5Etfw">March 26, 2020</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

That’s a shame.
 
Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich

<blockquote class="twitter-tweet"><p lang="en" dir="ltr">THIS IS RICH: The big cruise lines incorporated offshore (<a href="https://twitter.com/CarnivalCruise?ref_src=twsrc%5Etfw">@CarnivalCruise</a> in Panama, <a href="https://twitter.com/RoyalCaribbean?ref_src=twsrc%5Etfw">@RoyalCaribbean</a> in Liberia, <a href="https://twitter.com/CruiseNorwegian?ref_src=twsrc%5Etfw">@CruiseNorwegian</a> in Bermuda), allowing them to avoid US taxes.<br><br>But now they're worried that their offshore registrations will prevent them from getting US stimulus $. <a href="https://t.co/ojhUo5Fa5L">https://t.co/ojhUo5Fa5L</a></p>— Kenneth P. Vogel (@kenvogel) <a href="https://twitter.com/kenvogel/status/1243263600950738944?ref_src=twsrc%5Etfw">March 26, 2020</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

I'm good with them getting money on the condition that if they are headquartered in the US, they incorporate in the US, and their ships are registered in the US.
 
Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich

<blockquote class="twitter-tweet"><p lang="en" dir="ltr">THIS IS RICH: The big cruise lines incorporated offshore (<a href="https://twitter.com/CarnivalCruise?ref_src=twsrc%5Etfw">@CarnivalCruise</a> in Panama, <a href="https://twitter.com/RoyalCaribbean?ref_src=twsrc%5Etfw">@RoyalCaribbean</a> in Liberia, <a href="https://twitter.com/CruiseNorwegian?ref_src=twsrc%5Etfw">@CruiseNorwegian</a> in Bermuda), allowing them to avoid US taxes.<br><br>But now they're worried that their offshore registrations will prevent them from getting US stimulus $. <a href="https://t.co/ojhUo5Fa5L">https://t.co/ojhUo5Fa5L</a></p>— Kenneth P. Vogel (@kenvogel) <a href="https://twitter.com/kenvogel/status/1243263600950738944?ref_src=twsrc%5Etfw">March 26, 2020</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

**FAILHorn**
 
Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich

<blockquote class="twitter-tweet"><p lang="en" dir="ltr">THIS IS RICH: The big cruise lines incorporated offshore (<a href="https://twitter.com/CarnivalCruise?ref_src=twsrc%5Etfw">@CarnivalCruise</a> in Panama, <a href="https://twitter.com/RoyalCaribbean?ref_src=twsrc%5Etfw">@RoyalCaribbean</a> in Liberia, <a href="https://twitter.com/CruiseNorwegian?ref_src=twsrc%5Etfw">@CruiseNorwegian</a> in Bermuda), allowing them to avoid US taxes.<br><br>But now they're worried that their offshore registrations will prevent them from getting US stimulus $. <a href="https://t.co/ojhUo5Fa5L">https://t.co/ojhUo5Fa5L</a></p>— Kenneth P. Vogel (@kenvogel) <a href="https://twitter.com/kenvogel/status/1243263600950738944?ref_src=twsrc%5Etfw">March 26, 2020</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

Why should we bail them out if they don't pay taxes?
 
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