Trump's Tax Reformation (16)
posolet: One page document where he gives himself and Big
Corporations a 5% tax-cut. That was all.
Corporations a 5% tax-cut. That was all.
By Jove I think he's got it !
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Grouchyoldfart: By Jove I think he's got it !
Is it written in crayon
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read it an WAIL!
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Conrad73: read it an WAIL!
trumps-tax-plan-is-brilliant-politics-and-even-better-economics
The question is:
will it pass?
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lifeisadream: trumps-tax-plan-is-brilliant-politics-and-even-better-economics
The question is:
will it pass?
The question is:
will it pass?
I am positive it will.
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Conrad73: read it an WAIL!
C I can't seem to pull out the page.
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lindsyjones: C I can't seem to pull out the page.
no problem here.
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Conrad73: no problem here.
It says page doesn't exist but it wants me to subscribe.
I'll try again.
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Conrad73: read it an WAIL!
"Under Trump's plan, taxes on corporate profits go from 35% to 15%. They should be zero (like the Bahamas), but this is a good start. Taxes on capital gains go from 23.8% to 20%. Again, it should be zero (as with New Zealand), but it is a start. Rates for all individuals are lowered to three: 10%, 25%, and 35%. The standard deduction for individuals is doubled (politically brilliant)".
This is awesome.
I hope it'll pass.
Thanks C.
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lindsyjones: "Under Trump's plan, taxes on corporate profits go from 35% to 15%. They should be zero (like the Bahamas), but this is a good start. Taxes on capital gains go from 23.8% to 20%. Again, it should be zero (as with New Zealand), but it is a start. Rates for all individuals are lowered to three: 10%, 25%, and 35%. The standard deduction for individuals is doubled (politically brilliant)".
This is awesome.
I hope it'll pass.
Thanks C.
Big problems coming here with a housing bubble because there is a lack of real capital gains tax . I could go on all day about the matter . Even the last finance minister warned of a crash . You make money , tax should be paid if something is bought to trade .This is awesome.
I hope it'll pass.
Thanks C.
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epirb: Big problems coming here with a housing bubble because there is a lack of real capital gains tax . I could go on all day about the matter . Even the last finance minister warned of a crash . You make money , tax should be paid if something is bought to trade .
Hey, epirb.
I'm surprised the USA hasn't seen the housing bubble burst before now in major markets here. I sold my late last year and renting. I'm thinking of moving now to either Dalla, Texas or Jacksonville, Florida. Surprisingly, housing is expensive there bu.t not as rediculously priced as in central Ohio.------ This thread is Archived ------
Last time we had a real tax-reformation was during Reagan's
administration. It took them 7 years to come up with it.
Trump did it with 1 page and wasn't a reformation, but a tax-cut
for himself and big corporations.
administration. It took them 7 years to come up with it.
Trump did it with 1 page and wasn't a reformation, but a tax-cut
for himself and big corporations.
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posolet: One page document where he gives himself and Big
Corporations a 5% tax-cut. That was all.
Corporations a 5% tax-cut. That was all.
It'd either collapse the government or more likely effectively make the entire world pay for America's public service through an almighty dollar simply too big to fail. A debt bubble which never bursts until the world unites to make sure that it does.
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BritishLondon: It'd either collapse the government or more likely effectively make the entire world pay for America's public service through an almighty dollar simply too big to fail. A debt bubble which never bursts until the world unites to make sure that it does.
The biggest problem would be the increase of the debt on the long term but then we have will numbers to compare with other administrations
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galrads: Hey, epirb. I'm surprised the USA hasn't seen the housing bubble burst before now in major markets here. I sold my late last year and renting. I'm thinking of moving now to either Dalla, Texas or Jacksonville, Florida. Surprisingly, housing is expensive there bu.t not as rediculously priced as in central Ohio.
What happened to all the abandoned houses after 2011 , there used to be constant stream of news about them , have they all be sold ? It appeared to be US wide . One almost funny thing was photo's of gates protecting gated community's lying on the ground after repossession trucks had gone in looking for cars the hard way using their bullbars , or is that the easy way ? If Trumpy stirs up the US economy , which looks like he's doing , house price inflation will follow , buying sooner rather than later must be the way to go .------ This thread is Archived ------
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Created: Apr 2017
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Corporations a 5% tax-cut. That was all.