Music Banter

Music Banter (https://www.musicbanter.com/)
-   Current Events, Philosophy, & Religion (https://www.musicbanter.com/current-events-philosophy-religion/)
-   -   What Did President Trump Do Now? (https://www.musicbanter.com/current-events-philosophy-religion/87986-what-did-president-trump-do-now.html)

Chula Vista 04-27-2017 02:59 PM

Trump's White House trying to blame Obama for all of Flynn's **** ups.

Jesus Christ. How long will his leaches keep swallowing this ****.

Seriously. Hey, white conservative "Make America Great Again" person: He's ****ing you in the ass just to further his and his family's personal businesses.

China Defends Trademark Grants For Ivanka Trump Products : The Two-Way : NPR

Just how stupid are a large percentage of the voting populace of this ****ing country.

*banging head against wall. again.*

Frownland 04-27-2017 03:06 PM

Really does make you wonder what he did in his time with the Obama administration though. Would he make such an overwhelmingly stupid move if he didn't have some kind of precedent of getting away with it? Speculation of course, but Flynn's trustworthiness is not contingent on who his boss is.

Anteater 04-27-2017 03:10 PM

Quote:

Originally Posted by Chula Vista (Post 1828395)
5,411 people gave up US citizenship in 2016. An all time record number.

https://www.forbes.com/sites/robertw.../#8000937503d6

The US population as of 2015 was calculated as 321.4 million. You want me to do the math for you? Raising the exit tax on 5,000 people isn't going to do squat for the economy. By comparison, raising the estate tax would affect millions of people.

PS: 5,411 represents 0.0017% of the population. Swing and a miss buddy.

Do you know the net worth of all of those people leaving the U.S.? Some of them own businesses worth hundreds of millions. But the estate tax is easy to evade in comparison, and only a small fraction of the wealthy deal with it at all. Hence why I see it as a non-issue.

Elph might be on to something if both could be revamped.

Quote:

Originally Posted by Frownland (Post 1828505)
Really does make you wonder what he did in his time with the Obama administration though. Would he make such an overwhelmingly stupid move if he didn't have some kind of precedent of getting away with it? Speculation of course, but Flynn's trustworthiness is not contingent on who his boss is.

+1

Chula Vista 04-27-2017 07:13 PM

Quote:

Originally Posted by Anteater (Post 1828506)
Do you know the net worth of all of those people leaving the U.S.? Some of them own businesses worth hundreds of millions. But the estate tax is easy to evade in comparison, and only a small fraction of the wealthy deal with it at all. Hence why I see it as a non-issue.

Do you have a list of their net worth? Are you saying all 5,000 of them are multi-millionaires? Again, how much would a higher tax bracket on 0.0017% of the population help the economy, even if they are all mega rich? It's all simple math dude.

Easy to evade = fix the easy evasion.

Wealthy don't deal with it = make it harder to not deal with.

0.0017% of 100 billion dollars is $1,700,000. Doled out to 200 million people it equals less than 1 - 100th of a ****ing penny each.

(I think my calculator just blew up)

Anteater 04-27-2017 07:18 PM

Quote:

Originally Posted by Chula Vista (Post 1828684)
Do you have a list of their net worth? Are you saying all 5,000 of them are multi-millionaires? Again, how much would a higher tax bracket on 0.0017% of the population help the economy? It's all simple math dude.

Easy to evade = fix the easy evasion.

Wealthy don't deal with it = make it harder to not deal with.

If even 100 of those 5,000 were multi-millionaires, it would still be more useful than the estate tax as it currently stands. You should re-read the part of my sentence where I said "some of them own businesses worth hundreds of millions".

But like you said, if it can be "fixed" then there you go. Otherwise might as well not have it at all.

elphenor 04-27-2017 07:25 PM

Yes wealthy people dodge taxes but what kind of nonsense is it to respond by cutting the taxes

I guarantee that's not Trumps motivation, he had former executives of Goldman Sach's reveal the plan

This is class warfare plain and simple and I really think we may have to respond with General Strikes

Key 04-27-2017 07:25 PM

I like to pretend I know what's going on in this thread, but it's just became a duel between Chula, elph, and Ant. It's actually entertaining.

Chula Vista 04-27-2017 07:31 PM

Quote:

Originally Posted by Anteater (Post 1828686)
If even 100 of those 5,000 were multi-millionaires, it would still be more useful than the estate tax as it currently stands.

Did you miss the part of my post where I said fix the estate tax rules so the rich can't dodge them and have to pay fair amounts????

Also, I think you missed my edit where I did some math on your behalf.

elphenor 04-27-2017 07:32 PM

The plan also includes the elimination of the Alternative Minimum

The one Trump pays most of his taxes in

Chula Vista 04-27-2017 07:38 PM

An economic advisor just said that if Trump's current tax plan was in place back in 2005 (last time Trump disclosed a tax return), Trump would have only paid $7 million on his earnings instead of the $37 million he actually paid.

:beer: awesome tax plan dude (quote from an anonomous mega rich person) :beer:


All times are GMT -6. The time now is 11:50 AM.


© 2003-2022 Advameg, Inc.