aparch
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There is a reason there is a building named after their family foundation on the NMU campus...
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Business, Economics, and Tax Policy 8: Bezos Takes Over the World
- Thread starter FadeToBlack&Gold
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There is a reason there is a building named after their family foundation on the NMU campus...
Re: Business, Economics, and Tax Policy 8: Bezos Takes Over the World
For those amateur economists who think Chump has China by the balls on trade, looks like (surprise) its the American consumers taking it in the shorts and not China.
https://www.reuters.com/article/us-...-pay-trump-tariffs-ny-fed-study-idUSKBN1XZ2A4
For those amateur economists who think Chump has China by the balls on trade, looks like (surprise) its the American consumers taking it in the shorts and not China.
https://www.reuters.com/article/us-...-pay-trump-tariffs-ny-fed-study-idUSKBN1XZ2A4
ScoobyDoo
NPC
So shocking that that is the case. I really thought Trump had it all under control.
Deutsche Gopher Fan
Registered User
Re: Business, Economics, and Tax Policy 8: Bezos Takes Over the World
Nooo. We were told by drew that trump would be the strong man in China!
Nooo. We were told by drew that trump would be the strong man in China!
Deutsche Gopher Fan
Registered User
Re: Business, Economics, and Tax Policy 8: Bezos Takes Over the World
<blockquote class="twitter-tweet"><p lang="en" dir="ltr">Excuse me I was told that the tax cuts would unleash a torrent of investment. <a href="https://t.co/oDoqSBpKIY">https://t.co/oDoqSBpKIY</a></p>— Daniel W. Drezner (@dandrezner) <a href="https://twitter.com/dandrezner/status/1204095538423115776?ref_src=twsrc%5Etfw">December 9, 2019</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
<blockquote class="twitter-tweet"><p lang="en" dir="ltr">Excuse me I was told that the tax cuts would unleash a torrent of investment. <a href="https://t.co/oDoqSBpKIY">https://t.co/oDoqSBpKIY</a></p>— Daniel W. Drezner (@dandrezner) <a href="https://twitter.com/dandrezner/status/1204095538423115776?ref_src=twsrc%5Etfw">December 9, 2019</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
mookie1995
there's a good buck in that racket.
Re: Business, Economics, and Tax Policy 8: Bezos Takes Over the World
2017 is not 2020. this drezner is a stupid
2017 is not 2020. this drezner is a stupid
dxmnkd316
Lucia Apologist
Re: Business, Economics, and Tax Policy 8: Bezos Takes Over the World
https://god.dailydot.com/money-diar...source=spotim&utm_medium=spotim_recirculation
Don’t tell me we don’t tax the rich enough. And don’t tell me health care costs are out of control because of insurance and pharmaceutical companies alone.
I hope she falls and chips a tooth.
https://god.dailydot.com/money-diar...source=spotim&utm_medium=spotim_recirculation
Don’t tell me we don’t tax the rich enough. And don’t tell me health care costs are out of control because of insurance and pharmaceutical companies alone.
I hope she falls and chips a tooth.
mookie1995
there's a good buck in that racket.
Kepler
Cornell Big Red
Re: Business, Economics, and Tax Policy 8: Bezos Takes Over the World
Dump's SNAP cut is going to eviscerate his base. Thoughts and prayers.
Dump's SNAP cut is going to eviscerate his base. Thoughts and prayers.
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ScoobyDoo
NPC
Re: Business, Economics, and Tax Policy 8: Bezos Takes Over the World
They voted for it. I wish it had happened sooner. By the time they feel the pain a nice Democrat in the White House will have fixed it.
They voted for it. I wish it had happened sooner. By the time they feel the pain a nice Democrat in the White House will have fixed it.
Kepler
Cornell Big Red
ScoobyDoo
NPC
Re: Business, Economics, and Tax Policy 8: Bezos Takes Over the World
Because it's insanity and expensive to do it the way the Republicans want to do it.
Because it's insanity and expensive to do it the way the Republicans want to do it.
mookie1995
there's a good buck in that racket.
It’ll be fine... the all have guns. They can get what they need whenever they want it now.
dxmnkd316
Lucia Apologist
Re: Business, Economics, and Tax Policy 8: Bezos Takes Over the World
Democrats seem to be pushing the SALT cap repeal in 2020. Here's my question. Who does it hurt the most?
Is a SALT cap repeal regressive? Seems like studies (and common sense) show that a repeal would disproportionately benefit the wealthy. On the other hand, it was a clear attack on the high-tax blue states. So what should the push be? Help the states but benefit the rich disproportionately?
I know this isn't an entirely binary decision here. We should push to remove the cap and raise taxes on the rich. But that's almost out of the question with the GOP in control of the Senate and White House.
Edit: I suppose, RTFM, dummy.
https://news.bloombergtax.com/daily...ossible-in-house-before-end-of-year-democrats
"The bill would be paid for by raising the top income tax rate to 39.6% from 37%..."
There's also this:
"One option would be to raise the cap to $15,000 or $20,000 for three years, Pascrell said. The measure will also fix the SALT marriage penalty, he said. Under the law, a single person is subject to the same deduction cap as a married couple, while unmarried couples filing separately can each deduct up to $10,000. "
WHich should be fixed regardless. How ****ing stupid is that? Just bad law.
Democrats seem to be pushing the SALT cap repeal in 2020. Here's my question. Who does it hurt the most?
Is a SALT cap repeal regressive? Seems like studies (and common sense) show that a repeal would disproportionately benefit the wealthy. On the other hand, it was a clear attack on the high-tax blue states. So what should the push be? Help the states but benefit the rich disproportionately?
I know this isn't an entirely binary decision here. We should push to remove the cap and raise taxes on the rich. But that's almost out of the question with the GOP in control of the Senate and White House.
Edit: I suppose, RTFM, dummy.
https://news.bloombergtax.com/daily...ossible-in-house-before-end-of-year-democrats
"The bill would be paid for by raising the top income tax rate to 39.6% from 37%..."
There's also this:
"One option would be to raise the cap to $15,000 or $20,000 for three years, Pascrell said. The measure will also fix the SALT marriage penalty, he said. Under the law, a single person is subject to the same deduction cap as a married couple, while unmarried couples filing separately can each deduct up to $10,000. "
WHich should be fixed regardless. How ****ing stupid is that? Just bad law.
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ScoobyDoo
NPC
Re: Business, Economics, and Tax Policy 8: Bezos Takes Over the World
The entire tax code is bad law. It needs to be torn all the way down and brought back up again. Snowballs have better chances surviving in hell.
The entire tax code is bad law. It needs to be torn all the way down and brought back up again. Snowballs have better chances surviving in hell.
Deutsche Gopher Fan
Registered User
Re: Business, Economics, and Tax Policy 8: Bezos Takes Over the World
As a non wealthy person in a blue state, yes SALT should be fixed. Don’t punish me for not wanting to live in a red state hellhole
As a non wealthy person in a blue state, yes SALT should be fixed. Don’t punish me for not wanting to live in a red state hellhole
Deutsche Gopher Fan
Registered User
Re: Business, Economics, and Tax Policy 8: Bezos Takes Over the World
<blockquote class="twitter-tweet"><p lang="en" dir="ltr">Trump’s China deal:<br><br>China agrees to buy $50b of ag products next year.<br><br>That's a gain of $29b from before Trump tariffs.<br><br>Trump tariffs have cost US farmers $11b. <br><br>U.S. taxpayers have spent $28b on emergency payouts to farmers.<br><br>So loss to US is $39b.<br><br>You do the math.</p>— Robert Reich (@RBReich) <a href="https://twitter.com/RBReich/status/1205528959267401728?ref_src=twsrc%5Etfw">December 13, 2019</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
<blockquote class="twitter-tweet"><p lang="en" dir="ltr">Trump’s China deal:<br><br>China agrees to buy $50b of ag products next year.<br><br>That's a gain of $29b from before Trump tariffs.<br><br>Trump tariffs have cost US farmers $11b. <br><br>U.S. taxpayers have spent $28b on emergency payouts to farmers.<br><br>So loss to US is $39b.<br><br>You do the math.</p>— Robert Reich (@RBReich) <a href="https://twitter.com/RBReich/status/1205528959267401728?ref_src=twsrc%5Etfw">December 13, 2019</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
MissThundercat
Are the cis okay?
Re: Business, Economics, and Tax Policy 8: Bezos Takes Over the World
"Trade wars are easy to win."
"Trade wars are easy to win."
mookie1995
there's a good buck in that racket.
Ummmm. Did he just add 28&11 there? That math doesn’t make sense
rufus
rock and roller
We've lost 39 billion in lost revenue to farmers, and paying them taxpayer money to compensate.
Trump's new trade deal increases(maybe) our sales to China by 29 billion.
Still 10 billion in the hole. Trade wars are easy to win.
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