
Capco
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Dion Dawkins cryptic tweet UPDATE: EXTENDED PER SCHEFTY
Capco replied to Roundybout's topic in The Stadium Wall
I'm pretty sure people are just having a good laugh with you and not being serious. -
Oh my bad dude. Here I am preaching to the choir and we are already on the same page more than we are not. I didn't read this until just now (tbh when I first saw it, it looked like a copy/paste from a bot? Or at least that's the excuse I'm rolling with lol). Specifically in response to your corporate vs fortune 500 comparison, I initially included a bit about applying a progressive tax bracket to corporate taxes since a flat corporate tax rate hurts the smaller corporations' competitiveness disproportionately more than it does larger ones but dropped it for brevity. Busting up the big trusts and conglomerates becomes easier when there's a tax incentive for staying below the mega-threshold that can start to have negative effects on economies. The middle class absolutely does not need to be carrying any more of the burden than they already do. A thriving middle class is the hallmark for economic growth, and that can be achieved by both relieving pressure on the current middle class AND raising up others into the middle class.
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In a consumption-driven economy, the economy does best when the greatest number of consumers have enough money to consume. A household of 4 that earns $1mil/year does not consume at a proportionally equivalent rate as a household of 4 that earns $100k/year. They do not eat 10x as many meals, or own 10x as many cars, or drive 10x as many miles, or utilize 10x as much electricity, or own 10x as many houses. The excess wealth from this difference in consumption is often invested, but we have seen more and more lately that the elites use that money to invest in themselves and maintaining their own positions. Corporations use more and more of their profits for stock buybacks to increase share prices and less in new training, technology, and innovation. Alternatively, the government can tax some of that excess wealth and use it to invest in things that help the greatest number of individual persons, including things that the private sector would be reluctant to invest in due to a combination of low returns, high risk, and lack of current demand. Infrastructure and government services (especially in rural areas) are probably the classic examples of that. The notion that unregulated markets are inherently infallible and always suffer when government gets involved is absurd. Those regulations came into existence because of the damage that unregulated markets wrought on economies. And likewise with regards to progressive income tax brackets, the reason why they are so important is the time value of money. Simply put, any money in excess of that required for basic consumption makes acquiring more money exponentially easier per unit of labor. Money already has a natural tendency to accumulate in fewer and fewer hands over time, which is why the redistribution of income from progressive taxation is not only fair, it is essential to economic stability.
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Tax cuts for corporations and the wealthiest Americans inevitably lower revenues and increase yearly deficits. The capitalist economy did not collapse into socialism when we had much higher effective tax rates; businesses and wealthy people did not vanish due to financial ruin. In fact, we were able to do some pretty amazing things as a society before 1980. Cutting spending alone will not fix this problem. Obviously there is graft in the budget with the pork and patronage that can always be reduced, but taxes on the wealthy and highest earners must go up either directly or via the strategic elimination of loopholes in the tax code. The US still gets a remarkable deal when it comes to borrowing money. And don't forget that Americans own much of that debt already. The Social Security Administration is the single largest investor in Treasury securities. A lot of the payouts from Treasuries go right back into our pockets anyway. It's not like there will be a time in the foreseeable future when the federal government is debt free and ceases issuing Treasuries any longer. The world financial markets and US Treasuries are deeply intertwined. Their function as the safest investment in the world serves the dual purpose of allowing us to borrow money at the lowest rates anywhere whilst providing a hedge for riskier investments and thereby stabilizing the entire global financial system.
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As much as I disagree with numerous claims in your post, I still value your contributions insomuch as they make me think twice. A person who automatically discounts the information brought forth by political opponents does not have that same opportunity. A strong mind can handle discomforting opposing arguments with ease, and a weak mind cannot.
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Literally 2 minutes of research yielded information explicitly refuting this. The ironic part is that the information came from a conservative research foundation: https://www.newyorkfamilies.org/scholastic-sells-objectionable-books-to-students/ The fact that you don't even pause for a moment to double-check an accusation of this magnitude says a lot about how deeply entrenched your biases are.
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Well, they say a good troll attempt is one that isn't obvious, so I'll take that as a compliment! 😅 Two things to keep in mind, imo. 1) fan is short for fanatic, and fanaticism is basically an irrational, emotionally driven state of mind. 2) most people are fairly dumb anyway lol.
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@jkeerie I was being sarcastic and mocking the whole "sky is falling" theme that is dominating this thread. I thought that was obvious.
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This clearly opens the floodgates to the premier free agents signing with the Chiefs on 1-year vet minimum deals in order to stack the roster even further. Suddenly everyone will put money out of their minds and focus on getting a ring. The first domino to fall in this direction will likely be Gabe Davis. Meanwhile, we will sign a punter to $20mil/year and extend McBeane into the 2040s.
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That was my first thought as well.
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McDermott is a Super Bowl caliber coach. Gabe is a good WR2. The first receiver we draft will be a bust, but the second receiver we draft will be Gabe 2.0 with an identical ending. Our first-round defensive back pick will be a perennial All-Pro. Gilliam is more than worth his roster spot and makes the team better. Bass rebounds and will have consecutive good seasons. The 2024 offense will be more balanced and geared towards heavier formations (12, 21 and even 22 personnel) with a focus on the play-action pass.
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Wow. Sounds like he has zero self respect lol.
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Looks like the psy-op at halftime was a fake to the back. Maybe Tay-Tay makes her diabolical play-action pass during the postgame?
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Wrestling and NFL Football Players (McDermott 76-1 as a Wrestler)
Capco replied to CaliBills's topic in The Stadium Wall
Gym was my least favorite class by far. Being forced against my will to run a mile at 8:30am is not my idea of enjoyment. That being said, I know a lot of people who got a lot out of sports and the life lessons they can teach. I respected its inclusion in the curriculum even if I don't have an athletic bone in my body lol. -
And especially wide receivers. Mahomes is basically a QB with the receiver diva mentality now that I think about it...