New Senate Tax Plan

[Jason]

3 hours ago, Rico said:

They had already planned on doing this before the tax cuts.

Thank you. I knew it 

[red321]

Koch family delivers 500k in donations to Ryan after passing of the No Billionaires Left Behind Act

http://www.esquire.com/news-politics/politics/a15844720/paul-ryan-tax-bill-koch-donation/

[Stradling]

8 minutes ago, red321 said:

Koch family delivers 500k in donations to Ryan after passing of the No Billionaires Left Behind Act

http://www.esquire.com/news-politics/politics/a15844720/paul-ryan-tax-bill-koch-donation/

That was nice of them.  Pretty cool story.  Thank you for sharing.  I love selfless acts like this.  

[Adam]

ADP is supposed to be ready with the new withholding tables next pay period. We'll see what the take home difference is. 

[nate]

On 1/17/2018 at 1:40 PM, Jason said:

https://www.cnbc.com/2018/01/17/apple-announces-350-billion-investment-20k-jobs-over-5-years.html

This sounds like positive news. I may need some Dems to point out how it isn't so I can get a balanced approach

It is good, but know that it is included in the GAO report that put the deficit of this tax plan at -$1.5 trillion.

Again as I have said, having a lower corporate tax rate is very important, it needed to be done to be competitive, but you will notice that every other country that has a low corporate tax rate has a much higher individual tax rate for top earners, here it is about 45% all in, other countries it is closer to 60%.  It is the only way you can pay for the lower corporate taxes.

Add on to that that those other countries also don't have beyond massive and wasteful military spending.

The real tax bill should have lowered the corporate rate to 20% and cut military spending by $1.5 trillion over the next 10 years.

[Taylor]

6 hours ago, red321 said:

Koch family delivers 500k in donations to Ryan after passing of the No Billionaires Left Behind Act

http://www.esquire.com/news-politics/politics/a15844720/paul-ryan-tax-bill-koch-donation/

In before she-who-must-not-be-named is mentioned.

[Tank]

1 hour ago, Taylor said:

In before she-who-must-not-be-named is mentioned.

senator pocahantas?

[red321]

Tax giveaway helping companies...lay off workforce

https://www.nytimes.com/2018/01/23/business/kimberly-clark-layoffs.html?rref=collection%2Fsectioncollection%2Fbusiness&action=click&contentCollection=business&region=rank&module=package&version=highlights&contentPlacement=1&pgtype=sectionfront

Restructurings typically come with upfront costs for the companies, as they pay workers severance or renegotiate leases. In a conference call with analysts on Tuesday, Kimberly-Clark’s chief financial officer, Maria Henry, said “cash flow benefits” from the Republican tax cut would help fund “the restructuring program over the next few years.” She said the tax savings would also be used to make capital investments and to “allocate significant capital to shareholders.”

[gotbeer]

@red321 Only solution.  We should put tariffs on Diapers.  

[Adam]

Sounds like a shitty company and I don't really see how keeping the tax rate the same would've kept those jobs. 

 

Side note - my kids use(d) target diapers. There were a half dozen or so times that we had to use huggies. Blowouts each time. 

[Spirit]

I'm always amused by the layoff talk of big companies.  As if their business is never shifting and changing.  Divisions and offices get reduced, expanded, shutdown and created all the time.  It's not like these companies are laying off in one area but not hiring in others. 

 

 

[gotbeer]

1 hour ago, Geoff said:

I'm always amused by the layoff talk of big companies.  As if their business is never shifting and changing.  Divisions and offices get reduced, expanded, shutdown and created all the time.  It's not like these companies are laying off in one area but not hiring in others. 

 

 

Shh.  You are killing the vibe.

Now where were we?  Oh yeah, mob, pitchforks, torches, but not those polynesian ones.

[Blarg]

Bowel movements are a big part of Adam's family daily routine. I would guess few diapers ever contain their enthusiasm.

[Tank]

21 hours ago, Adam said:

Sounds like a shitty company and I don't really see how keeping the tax rate the same would've kept those jobs. 

 

Side note - my kids use(d) target diapers. There were a half dozen or so times that we had to use huggies. Blowouts each time. 

we used walmart diapers. they were excellent. huggies were pure junk and couldn't stop a darn thing.

[Adam]

1 hour ago, calscuf said:

Wait.

Does every parent call diaper poop leakage a “blowout”?

No. Muslim parents call them Makboo Rhahbarrs

[Tank]

51 minutes ago, Adam said:

No. Muslim parents call them Makboo Rhahbarrs

MuslimCop would like to have a word with you.

[Jason]

https://www.cnbc.com/2018/01/29/the-associated-press-exxon-says-itll-invest-over-50-billion-citing-tax-cut.html

a few more crumbs

[Taylor]

My paycheck increased by $35. Thanks, Trump!

[Lhalo]

Nice to see you doubled your pay!

[Tank]

my last paycheck went up $50

 

so as a teacher, i quadrupled my pay.

[halomatt]

On 1/31/2018 at 3:18 PM, Tank said:

my last paycheck went up $50

 

so as a teacher, i quadrupled my pay.

Me too.  It's like getting a free tank of gas every month!!!

[Jason]

5 hours ago, Vladdylonglegs said:

It would be nice if individuals (especially the middle class) got a real tax break in one of these fake "reforms". Corporations always get massive cuts while the rest of us save a few bucks every month. 

Agreed but saving a few bucks can be a big deal for a lot of people 

[Rico]

On 1/25/2018 at 6:49 AM, Geoff said:

I'm always amused by the layoff talk of big companies.  As if their business is never shifting and changing.  Divisions and offices get reduced, expanded, shutdown and created all the time.  It's not like these companies are laying off in one area but not hiring in others. 

 

 

Yes.  Tax break or no tax break, doesn't really have an impact on jobs.

[Lou]

On January 17, 2018 at 1:27 PM, Rico said:

They had already planned on doing this before the tax cuts.

I'd be interested in reading about Apple's pre-Trump $350 billion investment plan, so . . . . . 

 

Link? 

 

[Lou]

1 hour ago, Rico said:

Yes.  Tax break or no tax break, doesn't really have an impact on jobs.

Well. The national unemployment rate is at it's lowest point in 17 years and California's is at the lowest ever, so, do we really need them?

 

 

 

 

 

 

 

 

; )

Edited February 4, 2018 by Lou