Stocks were NOT up today

#26
#26
DancingOutlaw said:
Now you’re getting it.

Increase their taxes, decrease middle class tax rates, and CAT will be handsomely rewarded when Joe Sixpack calls up to buy a D9 for his backyard.
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When enough Joe Sixpacks buy in the new development that in turn needs a new CVS on the corner, requiring a contractor to build it, yes.
 
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#27
#27
lawgator1 said:
The Dems will unconfiscate much more of the middle class's current tax burden. Demand goes up. Everyone does better, not just the top.
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Again, a family of 4 with $100,000 combined income will now pay about $4,500 under Trump's tax plan compared to $7,500 in 2017. How's that for "unconfiscating wealth"? That's a 4.5% effective tax rate. Absolutely unheard of and all thanks to those filthy Repubs.
 
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#28
#28
The average rate of return since 1950 in 7%,, Use that in any calculator over time with monthly contributions and you will have FU money in 30-40 years
 
#30
#30
lawgator1 said:
No.

The money has to come from somewhere. The top 10 pct have done just fine. But if you concentrate all of the wealth at the top even more than it already has been, you turn off the spigot that drives the economy: consumer demand for goods and services.
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The last time I was in a mall it was pretty crowded.
 
#31
#31
JFreak said:
Again, a family of 4 with $100,000 combined income will now pay about $4,500 under Trump's tax plan compared to $7,500 in 2017. How's that for "unconfiscating wealth"? That's a 4.5% effective tax rate. Absolutely unheard of and all thanks to those filthy Repubs.
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doesn't fit the narrative, can't compute
 
#32
#32
LG explaining the economy and stock market

57634458-chimpanzee-professor-at-the-chalkboard.jpg
 
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#33
#33
JFreak said:
Again, a family of 4 with $100,000 combined income will now pay about $4,500 under Trump's tax plan compared to $7,500 in 2017. How's that for "unconfiscating wealth"? That's a 4.5% effective tax rate. Absolutely unheard of and all thanks to those filthy Repubs.
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Shhhhh, can't tell the middle class that. They are too dumb to realize they are getting a tax break, remember?
 
#35
#35
JFreak said:
Again, a family of 4 with $100,000 combined income will now pay about $4,500 under Trump's tax plan compared to $7,500 in 2017. How's that for "unconfiscating wealth"? That's a 4.5% effective tax rate. Absolutely unheard of and all thanks to those filthy Repubs.
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Exact source for that? And what conditions are attached to it?
 
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#41
#41
lawgator1 said:
Making the tax burden more fair and sparking consumer demand in the middle class will yield a better bottom line for Cat in the near and long term, yes.
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😂😂😂😂😂

We just repatriated trillions of offshore money into our economy and the libtard Dims are frothing at the mouth to get their hands on it.

“Yes us taking more money from you now will benefit you more shortly. Really. We’re serious. Stop laughing dammit!!”
 
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#42
#42
lawgator1 said:
The Dems will unconfiscate much more of the middle class's current tax burden. Demand goes up. Everyone does better, not just the top.

Trickle up, not down.



Making the tax burden more fair and sparking consumer demand in the middle class will yield a better bottom line for Cat in the near and long term, yes.
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Trickle up, huh? Yeah I guess you're right. We're inundated with poor folks offering employment in my area.

You do not want a fair tax burden. It is impossible to ask certain groups to pay more and others to pay less with inherent fairness..

But here's how idiotic your position is...look at average tax revenue over the last 70 years. It's relatively constant in spite of fluctuating rates. If rates changes do little to increase tax revenue, how can you claim to want more?
 
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#44
#44
Gotta spend less. I don't give a rat's ass who anyone wants taxed more or what special/worthwhile/urgent sacred cow you wanna feed. Spending, borrowing, and printing money are the issues.
 
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#45
#45
lawgator1 said:
No.

The money has to come from somewhere. The top 10 pct have done just fine. But if you concentrate all of the wealth at the top even more than it already has been, you turn off the spigot that drives the economy: consumer demand for goods and services.
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Why do you pretend like you know what you are talking about?
 
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#46
#46
lawgator1 said:
Look at their quarterly expectations moving forward. Not now. Moving forward.

Why buy a stock like Caterpillar that thinks that for the year profitability will be stagnant? The stock will not go up if that's true. So why buy it?
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Caterpillar had incredible sales numbers in the 1st quarter. Their sales were up 25-35% worldwide and in the U.S. Their first quarter was so good that they raised their earnings forecast for the year. They also said that this 1st quarter performance could not be duplicated the rest of the year, even though their sales will be increased from last year. For this, stockholders got skittish.

Basically, it is like a guy making $100,000 a year and getting quarterly bonuses. The first quarter he got a 10% bonus. The rest of the year he is only going to get an 8 or 9% bonus. Nothing to worry about with Cat.
 
#49
#49
lawgator1 said:
Look at their quarterly expectations moving forward. Not now. Moving forward.

Why buy a stock like Caterpillar that thinks that for the year profitability will be stagnant? The stock will not go up if that's true. So why buy it?
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Maybe because it is a solid company paying a $3.12 per share dividend, and it's not going away?
 
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