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Why Taxes and Not Jobs Next?

georgephillip

georgephillip

Senator
"Trump's jobs plan may create better-paying jobs than we're used to
Evelyn Cheng | @chengevelyn
Monday, 13 Mar 2017 | 12:23 PM ET"

http://www.cnbc.com/2017/03/13/good-pay-jobs-come-from-trump-infrastructure-plans.html

"Infrastructure spending is the key to increasing economic growth, because it will give Americans better-paying jobs, a prominent investment banker and economist said.

"'The private sector has done all it reasonably can, yet the U.S. labor market remains a shadow of its former self. It is time to rebuild America,' Daniel Alpert, a founding managing partner of Westwood Capital, said Monday in a presentation titled 'The Case for Aggressive Fiscal Spending on Infrastructure in 2017.'"

An attempt at tax "reform" will likely be unnecessarily compromised by Trump's unwillingness to reveal his own federal returns. If this "president" is ever going to acquire any political capital, it will come from creating millions of well paying jobs, not cutting taxes for the US investor class.(Again.)
 
Well chumps, I lied to you about healthcare. Now I am off to cut my taxes ! Which you will never see without a warrant.

Later Suckers !

Donald J Trump March 25, 2017
 
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georgephillip said:
"Trump's jobs plan may create better-paying jobs than we're used to
Evelyn Cheng | @chengevelyn
Monday, 13 Mar 2017 | 12:23 PM ET"

http://www.cnbc.com/2017/03/13/good-pay-jobs-come-from-trump-infrastructure-plans.html

"Infrastructure spending is the key to increasing economic growth, because it will give Americans better-paying jobs, a prominent investment banker and economist said.

"'The private sector has done all it reasonably can, yet the U.S. labor market remains a shadow of its former self. It is time to rebuild America,' Daniel Alpert, a founding managing partner of Westwood Capital, said Monday in a presentation titled 'The Case for Aggressive Fiscal Spending on Infrastructure in 2017.'"

An attempt at tax "reform" will likely be unnecessarily compromised by Trump's unwillingness to reveal his own federal returns. If this "president" is ever going to acquire any political capital, it will come from creating millions of well paying jobs, not cutting taxes for the US investor class.(Again.)
Click to expand...
I am guessing Trump wants to fail again. The border adjustment tax will never pass. His tax plan hinges on the border adjustment, but the Walton family is preparing for all out war to stop it. The walton family will win.
 
ObamacareForever said:
I am guessing Trump wants to fail again. The border adjustment tax will never pass. His tax plan hinges on the border adjustment, but the Walton family is preparing for all out war to stop it. The Walton family will win.
Click to expand...
So in his first hundred days, Trump has found opposition from the Koch brothers and the Walton family?

The border adjustment tax seems to close one big loophole while it pits importers, like the Waltons, against exporters like Boeing and GE.

http://www.npr.org/2017/02/10/514458693/trumps-possible-border-adjustment-tax-explained

"Under the border adjustment tax, it would no longer matter where a corporation puts its offices.

"If a corporation sells in the U.S., it will have to pay tax on those profits, which leads to an interesting set of incentives. American exporters don't sell in the U.S., so companies that sell overseas, like Boeing and GE, would pay lower taxes.

"On the flip side, companies that import products to the U.S. and sell them here, they will pay tax - more than they do now. Megan Greene, the chief economist at John Hancock, says this means that companies like Wal-Mart, Best Buy, even car companies will have to pay the government more money."

Nobody knew taxes could be so complicatedo_O
 
Spamature said:
Well chumps, I lied to you about healthcare. Now I am off to cut my taxes ! Which you will never see without a warrant.

Later Suckers !

Donald J Trump March 25, 2017
Click to expand...
Speaking of Suckers!

Perhaps we're at the point where the Trump Pump turns into the Trump Dump?
inflating-the-shareprice-diagram.png


http://www.latimes.com/business/la-fi-trump-healthcare-markets-20170324-story.html

"For investors, the healthcare debacle was just the warm-up act for the Trump administration production they really want to see: tax cuts.

"Financial markets were mostly unfazed by Friday’s well-foreshadowed collapse of the bill to repeal and replace Obamacare.

"But the failure of President Trump and congressional Republicans to push the legislation through the House spurred questions about whether they could achieve the equally complex task of overhauling the tax code.

"Anticipation of those tax cuts are a big reason that investors have pushed stock prices up 12% since Trump’s election. CEOs meeting with Trump at the White House often have publicly credited the expectation of lower taxes for new plans to hire and invest."
 
georgephillip said:
"Trump's jobs plan may create better-paying jobs than we're used to

If this "president" is ever going to acquire any political capital, it will come from creating millions of well paying jobs, not cutting taxes for the US investor class.(Again.)
Click to expand...

George, you should really try to distinguish between what your source said and you are saying. An easy way to do that is italicize the source's statements. That way we can all figure out who's the dumbest.

For example cutting taxes is part and parcel of creating millions of jobs. It works like this, if a small business owner can save $1000 in taxes he can afford to pay you or Spam for 2000 hours which is fifty 40 hour weeks.
 
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Boca said:
George, you should really try to distinguish between what your source said and you are saying. An easy way to do that is italicize the source's statements. That way we can all figure out who's the dumbest.

For example cutting taxes is part and parcel of creating millions of jobs. It works like this, if a small business owner can save $1000 in taxes he can afford to pay you or Spam for 2000 hours which is fifty 40 hour weeks.
Click to expand...
Perhaps you're confusing correlation with causation?
gdp-versus-tax-rates.png

http://www.businessinsider.com/study-tax-cuts-dont-lead-to-growth-2012-9

"Do tax cuts really spur growth?

"The answer appears to be 'no.'

"According to a new study by the Congressional Research Service (non-partisan), there's no evidence that tax cuts spur growth.

"In fact, although correlation is not causation, when you compare economic growth in periods with declining tax rates versus periods with high tax rates, there seems to be evidence that tax cuts might hurt growth. But we'll leave that possibility for another day.

"One thing that tax cuts do unequivocally do--at least tax cuts for the highest earners--is increase economic inequality.

"Given that economic inequality is one of the biggest problems we face in this country right now, this conclusion is very important."

Are you expecting Trump to do anything positive about rising economic inequality in the US?
 
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