2016 Election

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#4,628
#4,628
FLVOL69 said:
Your facts? Are you denying that Harry Reid never took a balanced budget bill to Obama for approval? Now who's rewriting history?
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Look nitwit, no one is denying that the budgets have been completely fuq'd for years. My point is that you should stop acting like it's solely one parties fault, history and facts paint a different picture from the one you're describing. Is it really this hard to accept?

Never mind, don't answer that, keep blaming Obama for everything. It's all his fault.
 
#4,630
#4,630
vols4sure said:
You are an economic idiot and I don't know why I bother but...He is the best person to decrease corporate taxes, bring foreign money back to the states, encourage US companies to keep their businesses in the US, and decrease freeloaders. All good for the economy in general and not me personally. Do these things and I would be ok with an increase in my personal taxes.
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So the guy that doesn't know how free trade agreements work and doesn't know how a Farris works is suppose to do all that??? I seriously doubt that. He's not going to make Apple produce iPhones in the U.S.
 
#4,631
#4,631
Septic said:
Look nitwit, no one is denying that the budgets have been completely fuq'd for years. My point is that you should stop acting like it's solely one parties fault, history and facts paint a different picture from the one you're describing. Is it really this hard to accept?

Never mind, don't answer that, keep blaming Obama for everything. It's all his fault.
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The last seven years sure as hell are.
 
#4,632
#4,632
carlos86 said:
Well since Trump Entertainment Resorts only has $100 million in assets and $500 million in liabilities I doubt it will be able to pay much.
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Do you understand bankruptcy? Why we allow formation of companies? That lenders loaned the money to Trump Entertainment Resorts the entity and not Trump personally. That lenders did this at an agreed upon rate based on credit worthiness, degree of risk, value of assets, etc. for potential profits. It is kind of how business operates.
 
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#4,634
#4,634
Vol8188 said:
I've seen very few openly support trump on here (Franklin Pierce, maybe?). Yet everytime he is mentioned, yourself and many others immediately come to his defense. It's interesting.
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I came to his defense because you and others have made moronic statements as to his individual finances. To include the untold billions he would have made by playing the market in other places.

Good grief, some of you act like he's living paycheck to paycheck and worried about the disconnect notice coming from the power company.
 
#4,636
#4,636
Vol8188 said:
I've seen very few openly support trump on here (Franklin Pierce, maybe?). Yet everytime he is mentioned, yourself and many others immediately come to his defense. It's interesting.
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I do jump to his defense when certain idiots post falsehoods, half truths, wild speculation and blatant lies.
 
#4,637
#4,637
vols4sure said:
Do you understand bankruptcy? Why we allow formation of companies? That lenders loaned the money to Trump Entertainment Resorts the entity and not Trump personally. That lenders did this at an agreed upon rate based on credit worthiness, degree of risk, value of assets, etc. for potential profits. It is kind of how business operates.
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He doesn't understand it.
 
#4,639
#4,639
vols4sure said:
Do you understand bankruptcy? Why we allow formation of companies? That lenders loaned the money to Trump Entertainment Resorts the entity and not Trump personally. That lenders did this at an agreed upon rate based on credit worthiness, degree of risk, value of assets, etc. for potential profits. It is kind of how business operates.
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Well that's not how Citi Bank thinks it worked when they made Trump sell his yacht to pay their lenders their money back.
 
#4,642
#4,642
hog88 said:
I've come to the conclusion no POTUS will simplify the tax code. Congress wouldn't allow it.
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100% agree. Too many special interests, if it were to ever happen - no telling what kind of corrupt back room deals took place to get the votes. Ain't nothing free.
 
#4,644
#4,644
carlos86 said:
So the guy that doesn't know how free trade agreements work and doesn't know how a Farris works is suppose to do all that??? I seriously doubt that. He's not going to make Apple produce iPhones in the U.S.
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He is the only one with the balls to try and not merely give it lip service. No, I do not expect Apple to make their phones here. That is an exaggeration but he will incentive companies to keep more business operations in the US through lower taxes and repatriation.
 
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#4,647
#4,647
Septic said:
100% agree. Too many special interests, if it were to ever happen - no telling what kind of corrupt back room deals took place to get the votes. Ain't nothing free.
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Agreed. Hell if we took a VN poll of how many would give up all deductions including mortgage interest for a flat 15% rate I'd bet the answers would be all over the place.
 
#4,648
#4,648
Grand Vol said:
Is George Soros running for President?

Next thing you know, someone's going to bring the evil Koch brothers into the conversation...
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How is being a business man relevant? Would you vote for Soros over Trump? He's a better business man.
 
#4,649
#4,649
Grand Vol said:
I could be wrong, but eliminating the loopholes while lowering the higher tax brackets might actually increase revenue in the long run. For example Obama paid roughly 19% in taxes last year on a little over $400K in income.

The Obamas paid $93,362 in federal income taxes - Apr. 10, 2015

Romney paid around 14% in 2011 according to most figures:

https://www.washingtonpost.com/poli...2e5096-0417-11e2-91e7-2962c74e7738_story.html

And if the system worked the way it was supposed to, both men should have been paying the 39%. But neither one even came close.

So eliminating the tax loopholes and capping it at his proposed 25% should actually increase revenue from the top brackets in the long run. Or so the theory would go.
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Septic? Bump in case you missed it in the angry mob screaming about Donald Trump's yachts.

ETA: And I'd actually want Huff and VB to chime in as they have a better grasp of that side of the house than I do.
 
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