All Things showing Biden’s (or whoever is running the show) weakness, ineptitude, and progressive leftism

kg21

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Little Joseph can't get goods across the border, but illegals can walk right across the border.

Why are liberals so dumb?
 

bga1

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GopherWeatherGuy

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You don't remember? We tried lowering corporate tax rates (trickle down economics) and companies chose to give executives and officers large bonuses. And they proceeded to set stock buyback records.

Trickle down economics doesn't work. What will prompt companies to increase workforce is increased demand. More money in the pockets of consumers.

I disagree with companies giving already uber rich execs larger bonuses and stock buybacks, and even though you are correct about some companies doing this, not every company did that. With friendlier tax laws, there has been a shift towards more American made products, especially in tax friendly states.

Increased demand won't accomplish anything if you can't get the products into the hands of the consumers, which is happening now and will continue to get worse this winter.
 

MplsGopher

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Increased demand won't accomplish anything if you can't get the products into the hands of the consumers, which is happening now and will continue to get worse this winter.
Because of covid causing companies to turn off supply chains that would take 18-24 months to fully turn back on, to try to save profit.

Thanks capitalism!
 

TRF Guy

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One crisis after another. This is the Biden Administration
 


bga1

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I disagree with companies giving already uber rich execs larger bonuses and stock buybacks, and even though you are correct about some companies doing this, not every company did that. With friendlier tax laws, there has been a shift towards more American made products, especially in tax friendly states.

Increased demand won't accomplish anything if you can't get the products into the hands of the consumers, which is happening now and will continue to get worse this winter.
The big disconnnect is that people like stocker don't get is the difference between big corps of 1000+ employees and smaller corps. The big companies love big regulation and big taxes- it destroys smaller companies. The big companies have influence in Washington DC and they will get to do business any way they want. Higher taxes? No problem- go off shore. Regulations? No big deal- lobby for a carve out. In the end what they cannot get fixed they charge the customers for the costs of big tax and big regulation. And to the degree that the big tax and big regulation damages their smaller more innovative competition- they love it. Amazon is the prime example. Why would they support politicians that are threatening to tax them more- because they love it. Bye bye main street competitors.

Since the corporate tax cuts, I invest more and take less from my business. More people are getting employed and more machines being bought because I will (long term) get a bigger cut on what we make now. Better yield means more investment. But we are not 1000 people and we don't have pull in Washington so we do things based on what we can control.
 

bga1

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One crisis after another. This is the Biden Administration
They love the crisis. Never let a good crisis go to waste. Obama loved it too, but he still wanted to be popular so he balanced it. Biden? He's not in charge and the people behind him could not care less if Biden is shamed by all the crisis going on. They want the opportunity for fundamental change towards global governance. That only comes with crisis.
 

Ogee Oglethorpe

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It's honestly starting to look like there's a very clear plan in place and it's being implemented just as planned.

Burn the whole thing, the whole damn country, so far down to the ground in 2021 that any, ANY rebound or positive momentum gained in the first and second quarters of 2022 will be perceived as some kind of fantastic management and leadership, the only remote hope of salvaging a complete and utter disaster at the midterms. At this point, this is literally about the only possible explanation for how incompetent the leadership has been in the last 8-10 months
 

bga1

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It's honestly starting to look like there's a very clear plan in place and it's being implemented just as planned.

Burn the whole thing, the whole damn country, so far down to the ground in 2021 that any, ANY rebound or positive momentum gained in the first and second quarters of 2022 will be perceived as some kind of fantastic management and leadership, the only remote hope of salvaging a complete and utter disaster at the midterms. At this point, this is literally about the only possible explanation for how incompetent the leadership has been in the last 8-10 months
Biden is the perfect front man. Everyone knows that he is not mentally competent. So in the short term let the puppet take the fall for all the disasters they are creating.

The scheme is to get installed the big 3.5 trillion package which cements the new entitlements. Once entitlements are installed they can never be taken away without political punishment- thus they are almost never taken away. Next fall they will say- yes things have been bad but "they were inevitable" because Trump (this is the angle the red headed step child took yesterday). The Democrats will be sold as the only ones that can save the mess that has been made. "We will keep your entitlements!" "The mean Republicans will take your entitlements away and roll grandma off the cliff in the process."

Brace yourself. Their plan is to destroy American sovereignty. How else do you get to full on climate change redistribution? How else do you get to global governance and depopulation. How else do you eliminate the influence of bad religions like Christianity? At the core of the left is control by the elites and the hatred of humanity. That's not your standard Democrat- I am talking about the hard left. Unfortunately they are driving the Democrat bus.
 



GopherWeatherGuy

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It's honestly starting to look like there's a very clear plan in place and it's being implemented just as planned.

Burn the whole thing, the whole damn country, so far down to the ground in 2021 that any, ANY rebound or positive momentum gained in the first and second quarters of 2022 will be perceived as some kind of fantastic management and leadership, the only remote hope of salvaging a complete and utter disaster at the midterms. At this point, this is literally about the only possible explanation for how incompetent the leadership has been in the last 8-10 months

The problem with this is that the Republican led states are mostly thriving and living life normally, while the Democrat led states and cities are the ones burning to the ground.
 

howeda7

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The problem with this is that the Republican led states are mostly thriving and living life normally, while the Democrat led states and cities are the ones burning to the ground.
Which states have burned to the ground?
 

howeda7

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So we've gone from "worst, most incompetent administration ever!" to "this is all part of a sinister long-play to win to win the mid-terms?"

History suggest it's incredibly likely the R's will re-take the House in the midterms, as the out party almost always does. Especially in a year when they get to re-gerrymander 20 states and there's probably nothing the Dems can do about it.
 

stocker08

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I disagree with companies giving already uber rich execs larger bonuses and stock buybacks, and even though you are correct about some companies doing this, not every company did that. With friendlier tax laws, there has been a shift towards more American made products, especially in tax friendly states.

Increased demand won't accomplish anything if you can't get the products into the hands of the consumers, which is happening now and will continue to get worse this winter.

Part of the problem with corporate tax cuts. There are no qualifiers for receiving the tax cuts because the politicians that promote the cuts know that companies aren't going to use the cuts to the benefit of the country. Some will....but many don't follow the story sold for why the tax cuts will help.

I'd 100% agree with the cuts if companies receiving the benefits were required to show increased employment/production. Buts that not how it works.

There are very few industries where supply chain deficiencies are lagging supply behind demand. Increased demand is what would spur companies to hire and increase production. That comes from the bottom up. Not the top down.
 



howeda7

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Part of the problem with corporate tax cuts. There are no qualifiers for receiving the tax cuts because the politicians that promote the cuts know that companies aren't going to use the cuts to the benefit of the country. Some will....but many don't follow the story sold for why the tax cuts will help.

I'd 100% agree with the cuts if companies receiving the benefits were required to show increased employment/production. Buts that not how it works.

There are very few industries where supply chain deficiencies are lagging supply behind demand. Increased demand is what would spur companies to hire and increase production. That comes from the bottom up. Not the top down.
Cut the corporate rate to 15%. But tax interest, dividends and capital gains at the regular rate.
 

bga1

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Americans have seen bigger government and now they don't like it:

 



stocker08

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It's honestly starting to look like there's a very clear plan in place and it's being implemented just as planned.

Burn the whole thing, the whole damn country, so far down to the ground in 2021 that any, ANY rebound or positive momentum gained in the first and second quarters of 2022 will be perceived as some kind of fantastic management and leadership, the only remote hope of salvaging a complete and utter disaster at the midterms. At this point, this is literally about the only possible explanation for how incompetent the leadership has been in the last 8-10 months

The country is being burned to the ground! Forget covid. The right has been infected with mass hysteria.
 


Spoofin

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For sure, it's "history" that is the undoing of the blue party right now. 100%. If only it weren't for history...
Not just history. History, voter suppression, and gerrymandering. Plus, if that doesn’t work - they will just appoint Rs into office while giving a giant middle finger to SCOTUS.
 






howeda7

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It would discourage investors from investing. People invest to make a return.
They will still make a return. You're not going to turn down a 20% return because of the tax rate. But it's negotiable. Maybe short-term capital gains, interest and dividends at the incremental rate and long-term at the lower of incremental or 25%.
 

KillerGopherFan

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They will still make a return. You're not going to turn down a 20% return because of the tax rate. But it's negotiable. Maybe short-term capital gains, interest and dividends at the incremental rate and long-term at the lower of incremental or 25%.
20% return? Maybe if you have ESP. If you appropriately diversify your risk, a 20% return would be extraordinary.
 

stocker08

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They will still make a return. You're not going to turn down a 20% return because of the tax rate. But it's negotiable. Maybe short-term capital gains, interest and dividends at the incremental rate and long-term at the lower of incremental or 25%.

Short term capital gains are already taxed as ordinary income. Long term CG could definitely be upped a little....but not at ordinary income rates.
 

howeda7

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Short term capital gains are already taxed as ordinary income. Long term CG could definitely be upped a little....but not at ordinary income rates.
Depends what the top rate is going to be. I don't see the harm in it, but would trade a lower top rate if that's what it took.
 

Spoofin

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So you would put your money in a safe in the basement then?
🤣🤣🤣
They will still make a return. You're not going to turn down a 20% return because of the tax rate. But it's negotiable. Maybe short-term capital gains, interest and dividends at the incremental rate and long-term at the lower of incremental or 25%.
There you have it folks! Increasing the capital gain tax won’t affect investing. What more proof do you need?
 




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