Jump to content

Liberation Day - friend or foe  

14 members have voted

  1. 1. Do you support Trump's massive Liberation Day tax hike on middle and lower classes?

    • Yes. It's sweet. Tariffs are awesome and "they" (whomever that is), not hardworking Americans, will pay them.
      1
    • No. I am against self-inflicted economic harm and exorbitant new taxes not he working class.
      13


Recommended Posts

Posted

Relax….Dow futures are only down 900 points after the King made his declaration. Maybe he’s banking on his base of lower class morons not even having a 401k so they don’t care. But man, it’s going to hurt when they need to buy…. anything. 
 

 

  • Like (+1) 1
  • Agree 1
Posted
37 minutes ago, stevestojan said:

Relax….Dow futures are only down 900 points after the King made his declaration. Maybe he’s banking on his base of lower class morons not even having a 401k so they don’t care. But man, it’s going to hurt when they need to buy…. anything. 
 

 

Even car insurance is going up because of this. 

Posted
1 hour ago, dgrochester55 said:

Nothing like nice neutral poll questions from c-section 3. No slant in those at all.


Well because it’s idiotic policy. 

 

  • Haha (+1) 1
Posted
3 minutes ago, meazza said:


Well because it’s idiotic policy. 

 

No more outsourcing our "Make America Great Again" apparel and wheel chair stickers to the Vietnamese!   

Posted
3 hours ago, leh-nerd skin-erd said:

First, I want to suggest that you and I would likely agree on a lot of issues, but I feel like I'm coming to these moments of clarity later in life that shape the way I look at all this.  At the same time, I'm acutely aware of all the things I don't know on a macro-geo-political-economic level...and increasingly feel like those who claim they do are mostly full of ****.  

 

I don't mind paying taxes, in fact, I think it's my duty to contribute to the greater good.  To what level is the question, I think. A sensible place to start on what's "fair" (a political marketing phrase if there ever was one) or "reasonable" really starts with a deep dive into whether or not we are anywhere near efficient in the use of the massive volumes of money rolling through the system.  Spoiler alert--I think the American tax payer has been getting bamboozled forever.  I think the tax situation is out of control and while Trump may appear quite brutish and crass in approach--and there surely is an ugliness about it--when you have a system that feeds itself the way ours does, that's probably what's necessary.   

 

I do agree we hear an awful lot about how someone else, the other guy, the rich, isn't doing his part.  I saw the Harris campaign partnering with lots of billionaires and multi-millionaires under the guise of the rich paying more...but not one of them has actually seemed to pony up as is their right as an American citizen.  That's why I wanted to go the direct route and ask you what you would be comfortable contributing now, at this time. 

 

I'm +50,  have lived a good life, contributed to the greater good and feel pretty good about where I am at.  I don't feel any compulsion whatsoever towards shouldering the blame for political decisions made over the decades I've been around, and respectfully reject your insinuation that I owe any great debt beyond what I have offered thus far.  That said--if the government in all it's forms is truly beyond reproach, and the only sensible solution is for me as one of the silver sneaker crowd to pony up another percent or three, I'd be happy to oblige.  For now though, I'm a hard pass. 

 

I've got you marked down for $7,500.  

 

 

 

 

 

  

Sounds like we are at similar spots in life. I’m concerned about what we are leaving the younger generations of Americans. By every measure, they seem to be getting screwed compared to their parents. While none of us individually have responsibility for the decisions our government has made to drive up the debt, ultimately it is our collective problem. It is unsustainable. I wish our politicians had serious debates over how to tackle that than the stupid culture war crap used to divide us. Most Americans have the attention span of a flea when hearing about this stuff. Medicare and Medicaid costs are going to spike the debt even further in the next 20 years. SS is going belly up. I’m no economist but I know this all leads to something real bad eventually. 
 

 

Posted
16 hours ago, TH3 said:

States can’t run deficits ….so tax policy is different than Federal.

 

The GOP has paid for FEDERAL tax cuts with debt since RR. All these tariffs are to finance the current tax cut package…So… the common man footing the bill for the wealthy.

 

So then what your saying In the famous words of the talking heads song - Same as it ever was !!! 

  • Like (+1) 1
Posted

I've had a wait and see approach with trump this time around

 

 

I'm really pissed at this.  I don't see how this does any good or benefits me.  I live a comfortable life with a decent retirement nest egg (that is taking a beating right now with this self-own).  Stuff is undoubtedly going to go up in price.  I don't see any way the consumer doesn't take the serious brunt of this.  

 

The end game is for us to go back 75 years to when a manufacturing plant is basically the town and everyone works there, wears a suit and hat every day, everyone goes to the same church, everything is based around the plant, apple pies warming in every window sill, and we have 4 TV channels and no internet?  I don't think any of that is feasible and appealing.  Unemployment is not bad right now.  Where my sneakers and phone  are made there are suicide nets for the workers.  

  • Like (+1) 1
Posted
21 minutes ago, Trump_is_Mentally_fit said:

We have never had a President purposely drive the economy into a ditch like this 

 

No all of them had good intentions and made a bunch of BS promises to just go along with the norm so that everyone like you wouldn't complain as much which well that is what it is nothings changed ! 

 

But like I've said in prior posts if you want real change there will have to be some kind of sacrifice which is no longer in the American vocabulary but the 1 thing well that we use to be able to count on is that America will always come back and usually be better for it because what doesn't kill you makes you stronger well for those that don't live to B**CH anyway .

 

I would just love to see America become more of the independent country that it use to be rather than this "Global Economy" BS which id=s the entire reason why we are where we are at one point if the rest of the world went to ***** that was on them because America could produce what ever we needed to stand on our own but that isn't the way it is and the pandemic proved it !! 

 

America is but a shell of what it once was !! 

Posted
16 minutes ago, T master said:

 

No all of them had good intentions and made a bunch of BS promises to just go along with the norm so that everyone like you wouldn't complain as much which well that is what it is nothings changed ! 

 

But like I've said in prior posts if you want real change there will have to be some kind of sacrifice which is no longer in the American vocabulary but the 1 thing well that we use to be able to count on is that America will always come back and usually be better for it because what doesn't kill you makes you stronger well for those that don't live to B**CH anyway .

 

I would just love to see America become more of the independent country that it use to be rather than this "Global Economy" BS which id=s the entire reason why we are where we are at one point if the rest of the world went to ***** that was on them because America could produce what ever we needed to stand on our own but that isn't the way it is and the pandemic proved it !! 

 

America is but a shell of what it once was !! 

https://www.grammarly.com/sentence-checker?utm_source=bing&utm_medium=cpc&utm_campaign=627084956&utm_content=81982454510697&utm_term=correct run on sentences&keywordid=81982614190555&targetid=kwd-81982614190555:loc-190&adgroup=1311717817951903&device=c&matchtype=e&network=o&extension=&clickid=91fb7320dbf61987159414ce7f4da86f&&msclkid=91fb7320dbf61987159414ce7f4da86f&gclid=91fb7320dbf61987159414ce7f4da86f&gclsrc=3p.ds&gad_source=7

Posted
14 hours ago, Mikie2times said:

No more outsourcing our "Make America Great Again" apparel and wheel chair stickers to the Vietnamese!   

 

*As long as they're made in Right To Work  states and/or by non-Union workers.  We need to onshore the Race To The Bottom for wages and benefits.  

 

So long as someone is making $80k a year, it doesn't matter how! They could be working 40hrs/wk for $42/hr, they could be working 80hrs/wk for $15/hr. The families have the same quality of life right?

Posted
14 hours ago, Andy1 said:

Sounds like we are at similar spots in life. I’m concerned about what we are leaving the younger generations of Americans. By every measure, they seem to be getting screwed compared to their parents. While none of us individually have responsibility for the decisions our government has made to drive up the debt, ultimately it is our collective problem. It is unsustainable. I wish our politicians had serious debates over how to tackle that than the stupid culture war crap used to divide us. Most Americans have the attention span of a flea when hearing about this stuff. Medicare and Medicaid costs are going to spike the debt even further in the next 20 years. SS is going belly up. I’m no economist but I know this all leads to something real bad eventually. 

Concern is understandable and admirable to a point.  Recognition that it's our collective problem...well, that's where things get a bit hazy for me. It is, but there's more to it than that.   The most common refrain I seem to hear is that "The solution to our collective problem is for those people, over there, to do more than they are already doing.".  

 

A few years back, the target zone for "those people" who needed to do more was annual income of $250k+.  Last go-round with Team Harris was "those people" who have an annual income of $400,000k+, presumably because focus groups and pollsters established the sweet spot that would encourage otherwise fair-minded people to be comfortable enough to reason "Not me, them!".  

 

I've said it before, I'll say it again.  Medicare has a math problem, but most solutions offered come from the political realm where votes, feelings and short term thinking carry the day.  Social Security, ditto.  These programs could be figured out in relatively short order by some smart people applying actuarial standards that consider cost v benefit offered.  

 

The challenge to the nation is that as the government perpetually offers political solutions to math problems, and then comes around with hat in hand begging for solutions--it always starts with the assumption that the money already in the system is untouchable, and the collective must accept that the only way forward is for someone, somehow to do more.  Thus....an individual in the 37% tax bracket is the enemy, the hoarder, the money grubber who in reality is often a small business owner who took risk, invested time, heart, soul and money to earn the right to be the person 'not doing enough' because the real tax number should be 40%...45%...50% or whatever dopey number is thrown around by politicians and people on the sidelines looking for someone else to tote the rock. 

 

Back to the beginning.  Before paying more and ceding more control to politicians who don't plan/prepare/spend wisely, let's address the giant elephant in the room--if the money already flowing through the gates being spent wisely, efficiently and carefully.   In the meantime--by all means--you and those who feel like you can contribute more to the greater good at literally any place and time, but that seems mostly not a practice that people ever seem to employ.

 

Posted
18 hours ago, Mikie2times said:

We are looking at a limit down in the stock market. Which we haven't seen since Covid. 

I think it'll be death by a thousand paper cuts unless Trump caves.  I'm betting that Trump caves.

  • Like (+1) 1
×
×
  • Create New...