row_33 Posted March 7, 2019 Share Posted March 7, 2019 AMT was always a hoot during tax season, for Canada. A few times it prevented a client from dumping a large amount into his/her registered retirement savings plan, or tax planning on large Christmas bonuses. One time a student told the client he was getting a $65,000 refund, then I asked if the AMT had been considered and turned out the client owed $12,000. The student asked what he should do and I said tell the client before he comes in. The student went home immediately and didn't tell the client. Must have been a fun meeting with the partner to sign the return. Link to comment Share on other sites More sharing options...
plenzmd1 Posted March 7, 2019 Share Posted March 7, 2019 1 hour ago, Foxx said: ***** Obama. this is bunk...where did you get this image? Link to comment Share on other sites More sharing options...
DC Tom Posted March 7, 2019 Share Posted March 7, 2019 (edited) 6 minutes ago, plenzmd1 said: this is bunk...where did you get this image? It actually isn't. All you have to do is cherry-pick the time scale to make your pre-conceived point. But the data is actually accurate. I duplicated the same in yahoo finance - which link didn't work here, sorry. Edited March 7, 2019 by DC Tom 1 Link to comment Share on other sites More sharing options...
row_33 Posted March 7, 2019 Share Posted March 7, 2019 17 minutes ago, plenzmd1 said: this is bunk...where did you get this image? https://www.marketwatch.com/investing/index/djia/charts try it for 5 years the effects since Trump's election are completely undeniable Link to comment Share on other sites More sharing options...
plenzmd1 Posted March 7, 2019 Share Posted March 7, 2019 3 minutes ago, DC Tom said: It actually isn't. All you have to do is cherry-pick the time scale to make your pre-conceived point. But the data is actually accurate. I duplicated the same in yahoo finance - which link didn't work here, sorry. That is more accurately what I meant...the info is bunk as the so far, the market performance under Trump in his first two years lags market performance under Obama first two years Link to comment Share on other sites More sharing options...
Kevbeau Posted March 7, 2019 Share Posted March 7, 2019 56 minutes ago, Chef Jim said: AMT has been changed greatly and in a good way recently. Thanks to Trump. https://www.forbes.com/sites/bobcarlson/2018/09/29/what-you-need-to-know-about-the-new-alternative-minimum-tax/amp/ FTA The Tax Cuts and Jobs Act (TCJA), enacted in December 2017, substantially changed the AMT. About 5 million taxpayers were expected to pay the AMT under the old law, but only 200,000 are expected to pay the AMT this year. So few taxpayers will owe the AMT that the IRS says it will remove its online AMT Assistant tax tool. I read up on the changes and they are positive, but I haven’t filed yet, so I’m reserving the right to be pissed. Link to comment Share on other sites More sharing options...
GG Posted March 7, 2019 Author Share Posted March 7, 2019 Now Trump admin is weighing introducing changes in the healthcare industry that could shake up the entire sector. This is what happens when people look to solve real problems instead of cheap sound bites. From WSJ The Trump administration is sounding out the medical industry on requiring hospitals and other health care providers to publicly disclose the secretly negotiated prices they charge insurance companies for services, a move that would expose for the first time the actual cost of care. 1 Link to comment Share on other sites More sharing options...
row_33 Posted March 7, 2019 Share Posted March 7, 2019 19 minutes ago, plenzmd1 said: That is more accurately what I meant...the info is bunk as the so far, the market performance under Trump in his first two years lags market performance under Obama first two years yes, going from 2 potatoes to 4 potatoes is a much better increase in performance than going from 2,000,000 potatoes to 2,100,000 potatoes you have to have total TDS to deny the positive effects of the Trump Election, compared to Obama's sleepwalking Link to comment Share on other sites More sharing options...
DC Tom Posted March 7, 2019 Share Posted March 7, 2019 3 minutes ago, plenzmd1 said: That is more accurately what I meant...the info is bunk as the so far, the market performance under Trump in his first two years lags market performance under Obama first two years Yes, but they're not comparable. The market was artificially depressed when Obama took office by the near-collapse of the world economy - it was going to bounce no matter who was in office. It's probably more reasonable to measure the market rally not from the low just after Obama took office, but from the 11,000 point a few months later (that 4000 point difference representing the late-2008 panic selling and not any economic measures Obama took). And whatever you might say about the economy when Trump took office, it definitely wasn't the near-catastrophic "end of capitalism as we know it" that Obama took office in. A simple direct comparison isn't valid. 1 Link to comment Share on other sites More sharing options...
Foxx Posted March 7, 2019 Share Posted March 7, 2019 13 minutes ago, plenzmd1 said: That is more accurately what I meant...the info is bunk as the so far, the market performance under Trump in his first two years lags market performance under Obama first two years that is also not an equal comparison. how much TARP money was injected again? Link to comment Share on other sites More sharing options...
plenzmd1 Posted March 7, 2019 Share Posted March 7, 2019 23 minutes ago, row_33 said: yes, going from 2 potatoes to 4 potatoes is a much better increase in performance than going from 2,000,000 potatoes to 2,100,000 potatoes you have to have total TDS to deny the positive effects of the Trump Election, compared to Obama's sleepwalking Damn right going from 2 to 4 is much better when I have options on percentage growth in potato’,,, you know, like the market is. Link to comment Share on other sites More sharing options...
3rdnlng Posted March 7, 2019 Share Posted March 7, 2019 51 minutes ago, plenzmd1 said: That is more accurately what I meant...the info is bunk as the so far, the market performance under Trump in his first two years lags market performance under Obama first two years You know this is disingenuous so why would you post it knowing that it can be easily disputed? Have some respect for your fellow posters. Link to comment Share on other sites More sharing options...
DC Tom Posted March 7, 2019 Share Posted March 7, 2019 2 minutes ago, 3rdnlng said: You know this is disingenuous so why would you post it knowing that it can be easily disputed? Have some respect for your fellow posters. Yeah, like me, you ***** idiot. Link to comment Share on other sites More sharing options...
3rdnlng Posted March 7, 2019 Share Posted March 7, 2019 1 minute ago, DC Tom said: Yeah, like me, you ***** idiot. Do you think you're the only one here that could successfully dispute that? Link to comment Share on other sites More sharing options...
DC Tom Posted March 7, 2019 Share Posted March 7, 2019 3 minutes ago, 3rdnlng said: Do you think you're the only one here that could successfully dispute that? No. I think I'm the only one that 1) could, and 2) would bother. GG only satisfies #1, for example. You only satisfy #2. Link to comment Share on other sites More sharing options...
3rdnlng Posted March 7, 2019 Share Posted March 7, 2019 (edited) 5 minutes ago, DC Tom said: No. I think I'm the only one that 1) could, and 2) would bother. GG only satisfies #1, for example. You only satisfy #2. You complete us. Now go diddle Miss Piggy. Edited March 7, 2019 by 3rdnlng Link to comment Share on other sites More sharing options...
Tiberius Posted March 8, 2019 Share Posted March 8, 2019 U.S. job growth slows dramatically in February to 20,000, raising possibility of a broader cool-down in the economy https://www.marketwatch.com/story/us-adds-meager-20000-jobs-in-february-to-mark-smallest-increase-in-17-months-2019-03-08 Quote The numbers: American businesses and other employers created the fewest new jobs in February in 17 months, the latest sign of a broader slowdown in the U.S. economy. The economy added just 20,000 new jobs last month, the smallest gain since September 2017, the government said Friday. The number of new nonfarm jobs created last month was well below the 172,000 MarketWatch forecast, This is bad Link to comment Share on other sites More sharing options...
Chef Jim Posted March 8, 2019 Share Posted March 8, 2019 I love when people scream headlines but don’t read the article they posted. Link to comment Share on other sites More sharing options...
GG Posted March 8, 2019 Author Share Posted March 8, 2019 23 hours ago, TPS said: Again, with the exception of the first 2 years of the crisis, Obama's fiscal policy was contractionary in the 4 years after 2010." I discussed his stimulus and how small it actually was in terms of spending, Most of it went to tax credits and revenue sharing. It would be great if you could provide the numbers to support your contention that there was "a massive step up in spending, which was never reversed in Obama's terms." Since I provided some numbers that show federal spending fell 4 straight years after 2010, I'd really like to see what you're trying to show here... Crediting Obama with fiscal conservatism is like Housley praising the Sabres for scoring 2 goals in the 3rd period after they gave up 6 in the 2nd. Link to comment Share on other sites More sharing options...
Tiberius Posted March 8, 2019 Share Posted March 8, 2019 Spend a trillion dollars in borrowed money and all you get is 20k jobs? Sad Link to comment Share on other sites More sharing options...
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