BaconHound
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Posts posted by BaconHound
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1 hour ago, Canton Dawg said:
So whenever a corporation has to pay a higher tax rate, did you ever stop to think how they will recoup their lost margins?
If you guessed “passing that cost on to the consumer” you would be correct.
You Libs think that by taxing the living shit out of the over $400k bunch won’t have consequences....you would be wrong.
No one is saying there isn’t consequences but in the free market a business can choose to raise prices and the consumer can choose not to pay them. You see this in the TV provider industry. Many have cut the chord due to higher prices. As streaming service costs continue to rise, cable becomes more competitive, consumers can choose their services
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6 hours ago, Westside Steve said:
So assuming you believe higher taxes are good thing then wouldn't it kind of belie that position by adding the caveat that any good tax attorney can get around it?
But as to the notion that Biden can get democrats to vote for tax hikes.... Isn't that a little bit like teaching a cat to eat fish?
WSS
I don’t believe higher taxes are a good thing. At times they are necessary. Closing tax loopholes would nullify a lot if creative tax accounting but I’d wager some people will simply pony up the extra cash and not worry about it.
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7 minutes ago, Vambo said:
I’m still ok with it. Sorry but until you hit my income bracket I’m fine with a tax increase. I’m selfish when it comes to my money. If they get down to me then I’ll be upset but until then, tax away.
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I’ve read about the income tax increase, please post the additional tax on stock and bond transactions.
Roth IRA wouldn’t be taxed upon withdrawal but my understanding is all others are. Again if that is incorrect, please post the change in the tax code that Biden is proposing.
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57 minutes ago, Canton Dawg said:
If you think the Dems are only going to tax the wealthy, I’ve got some oceanfront property in Nebraska to sell you.
I can only discuss the information provided me. Arguing hypotheticals is nonsense,
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Have no issue with raising the taxes 7 percent on those individuals who have an AGI over 400k. I’d wager any individual making over 600k with a decent tax accountant will find a way to get their AGI under. I was in the 25 percent tax bracket this year and Cal ain’t crying for me 😁
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JBluhm government wont touch any programs that support seniors because they vote. I’d agree that all social programs need to be reviewed periodically to make sure the original intention is still being met.
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DieHard, I mean this in the most genuine way, you’re a moron who is incapable of engaging in any real conversation. Good for you!
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If allegations are all it took for condemnation we would’ve had a different 45th President. There will be an investigation, as there should, but nothing will come out of it. The standards and burden of proof are such that Cuomo will skate. The numbers required to remove the Governor are as prohibitive as relieving a President.
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12 minutes ago, calfoxwc said:
orders the state dept to turn over pissaki's email pertaining to big iran LIE.
every single voter who voted against Pres Trump voted for corruption, incompetence, death, despair, communism/marxism........and lies.
Who was the Judge and where is the court located?
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5 minutes ago, DieHardBrownsFan said:
Sorry to insult your boyfriend.😆
😂 the best part is this is really you...
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13 minutes ago, Westside Steve said:
I sincerely doubt that any of the topics we discuss on this board really fuck with anybody's lives one way or the other.
WSS
Agreed but wouldn’t this place be so much better if we truly discussed important topics from the political world. You and I rarely agree but there are times you post things that get me thinking or seeing things from your perspective shift mine.
I’ll keep posting this but the petty squabbles Americans have distract us from the real issues and you and I aren’t winning because of it.
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4 hours ago, Vambo said:
What did Monmouth report Trump’s approval rating as he exited office?
Here is their poll on Trumps Impeachment https://www.monmouth.edu/polling-institute/reports/monmouthpoll_us_012521/
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4 hours ago, Vambo said:
Isn’t this what you want? The Republicans think 400 was enough. I don’t get when Trumpettes criticize Biden when the outcome is a Republican win
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On 3/1/2021 at 9:30 AM, Westside Steve said:
Just part of the bigger politically correct picture. The entire gender neutral movement is insane.
WSS
Does it really fuck with your life? You seem to be the guy who is always looking for a battle but only like the superficial ones.
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On 2/28/2021 at 11:20 PM, Westside Steve said:
Wow back to Bush Senior? What didn't Democrats like about him? You wanted some more tax revenue and he negotiated with you. Then you turned around and use it as a campaign slogan. Nice work hypocrites.
But as someone who realizes that business and the stock market are very important to the very fabric of the economy I have no problem with tax cuts for the big businesses or trickle down economics which is a b******* phrase to begin with.
Remember 5% of a billion is more than 5% 35000. And the rich pay almost all the taxes anyway.
WSS
Reagan trickle, Sr read my lips. Dude the stock market has zero to do with the economy. Joblessness is fucking insane right now, interest rates are at the floor & the stock market is super healthy.
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On 2/28/2021 at 8:44 PM, Westside Steve said:
Really? Bend over to pick up the carrot and get a stick up the ass? Buddy it ain't that deep. And just in reference to some of the earlier posts the minimum wage isn't going to make anybody prosperous or smart or healthy. It's a stupid issue for a lot of reasons.
WSS
That wasn’t the Democrats plan B. The plan B was to fine corporations for not meeting the standard.
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On 2/28/2021 at 8:43 PM, Canton Dawg said:
What party opens the borders and forces the working men & women of this country to foot the bill?
Deflection, ok
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2 hours ago, DieHardBrownsFan said:
So Ohio, Florida, Texas are all poor and uneducated?
https://wallethub.com/edu/e/most-educated-states/31075
Fox business coverage of WalletHub. Would have posted OAN but they don’t care about education since it’s the devil.
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1 hour ago, Westside Steve said:
Just the AOL headline. Just wanted to make the joke.
WSS
Not sure I get the punchline. Who was the no new taxes, trickle down guy? What party rewrites tax codes to benefit big business?
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3 hours ago, Browns149 said:
it does seem more extreme with Trump then with previous Republican President’s
I don’t remember Bush supporters acting like Trump’s supporters
Absolutely. No one talks about Iraq’s WMDs or their being responsible for 9-11
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23 minutes ago, Browns149 said:
Trump won here in WV by 68% to 29%. And this state is in the top 5 poorest states every year
And is also in the top 2 undereducated states
But they love some Donald down here
What scares me is the all the Kool-Aid drinking. His supporters believe things that aren’t true and when you call them on it, they double down and deflect.
Biden says he will get Democratic votes for tax increase
in POLITICAL DISCUSSION
Posted
There is no indication inflation will sky rocket. 1979-80 was the last large jump.