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CC folds
You can start by researching the '86 tax changes if it really interests you. If it isn't worth your effort its not worth mine.
CC folds
No. Chump is just too lazy and uninterested in the answer. Just being his usual argue .
My question was do you have the REAL charts that back up your claim.
I have my answer: You folded.
CC is correct that otherwise, the US tax system is progressive, as it should be.
Like I said, if you are interested in the topic you need to go a lot deeper than a random chart in Google images. I pointed you in the right direction. You are too lazy to research it and I am under no obligation to spoon feed you.
I was interested to see if you could/would back up your claim.
Like I said, you folded.
It's not a big deal. People do it here all the time.
Don't whine about your folding. It's unmanly.
You would be the forum expert on unmanly. Intellectually lazy too.
The 1986 tax changes weren't a "claim". They are a do ented fact.
You're the one who folded.
Then show us the REAL charts based on those changes so we can see how they differ from the ones already posted.
Or fold.
It's only a big deal if you want to whine about it.
refusing to be bullied by an intellectually lazy piece of is hardly "folding"
If you are interested in learning about the tax changes 1n 1986 then read about it. It's not my obligation to furnish you a "picture" like some 4 year old.
I'm not bullying.
refusing to be bullied by an intellectually lazy piece of is hardly "folding"
If you are interested in learning about the tax changes 1n 1986 then read about it. It's not my obligation to furnish you a "picture" like some 4 year old.
I asked you to post the real charts based on your claim.
All you had to do was nothing.
You chose to cry like a little girl.
All you have to do now is nothing.
You will choose to continue crying like a little girl.
CC, content with pointing and hand waving, zips his lip.
I don't mind his folding so much as his whining about his folding.
FIFY
Signed - The Poor
Refusing to comply with your demands is not folding. I am under no ing obligation to look up for you since you are too lazy to do it yourself.
CC refuses to make his own point.
Would have taken less time to make it than he's spent refusing to, tbh.
Sure. But it would be nice if you would back up your claim with something more than do your own research. Since you made your claim there have been multiple charts posted demonstrating the effective tax rate paid. Not sure they support your claim tbh.
Refusing to comply with your demands is not folding. I am under no ing obligation to look up for you since you are too lazy to do it yourself.
Really, stop whining.
Refusing to comply with your demands is not folding. I am under no ing obligation to look up for you since you are too lazy to do it yourself.
You don't want to back up your claim.
It's fine.
No need for you to try to spin it. You're putting more energy into whining than you ever would into backing up your claim.
https://www.nytimes.com/2021/12/27/b...-ranchers.htmlJudging from the prices at supermarkets and restaurants, this would appear to be a lucrative moment for cattle ranchers like Steve Charter.
America is consuming more beef than ever, while prices have climbed by one-fifth over the past year — a primary driver for the growing alarm over inflation.
But somewhere between American dinner plates and his 8,000-acre ranch on the high plains of Montana, Mr. Charter’s share of the $66 billion beef cattle industry has gone missing.
A third-generation cattle rancher, Mr. Charter, 69, is accustomed to working seven days a week, 365 days a year — in winter temperatures descending to minus 40, and in summer swelter reaching 110 degrees.
On a recent morning, he rumbled up a snow-crusted dirt road in his feed truck, delivering a mixture of grains to his herd of mother cows and calves. They roam a landscape that seems unbounded — grassland dotted by sagebrush, the horizons stretching beyond distant buttes.
Mr. Charter has long imagined his six grandchildren continuing his way of life. But with no profits in five years, he is pondering the fate that has befallen more than half a million other American ranchers in recent decades: selling off his herd.
https://mattstoller.substack.com/p/c...0-of-inflationWall Street is explicit that margin expansion is the big story of the pandemic. “What we really want to find are companies with pricing power,” said Giorgio Caputo, senior portfolio manager at J O Hambro Capital Management told Bloomberg. “In an inflationary environment, that’s the gift that keeps on giving because companies can pass along their pricing on the way up, and don’t necessarily need to get it back on the way down.”
Margin expansion is one factor that has pushed the stock market to an all-time high, with large firms doing much better than small ones. Bloomberg has noted that behind this are corporate profit margins, which are at a 70-year record. All of which leads to an interesting question. How much of inflation is a result of market power, and how much is due to some other set of causes such as government spending or thin supply chains? Let’s do some rough numbers.
Just before the pandemic, in 2019, American non-financial corporations made about a trillion dollars a year in profit, give or take. This amount had remained constant since 2012. Today, these same firms are making about $1.73 trillion a year. That means that for every American man, woman and child in the U.S., corporate America used to make about $3,081, and today corporate America makes about $5,207. That’s an increase of $2,126 per person.
Still, in order to know just how significant that amount is relative to inflation, we have to figure out how much inflation is costing the average American. A rough way to get that would be to take the total amount America produces annually, which is the Gross Domestic Product, and multiply that by the inflation rate. That’s $23 trillion of GDP times the 6.8% inflation rate, which comes out to $1.577 trillion, or $4,752 per American.
Taking all of this together, it means that increased profits from corporate America comprise 44.7% of the inflationary increase in costs. That means corporate profits alone are absorbing a 3% inflation rate on all goods and services in America (44.7% of 6.8% annual inflation), with all other factors causing the remaining 3.8%, for a total inflation rate of 6.8%. In other words, had corporate America kept the same average annual level of profits in 2021 as it did from 2012-2019 and passed on today’s excess to consumers, the inflation rate would be 3.8%, not 6.8%. And that’s a big difference, indeed it is the difference between Americans getting a raise, and seeing real wages decline.
tl;dr
Greedy companies with pricing power are ing us.
Bull has been called.
refusing to be bullied by an intellectually lazy piece of is hardly "folding"
If you are interested in learning about the tax changes 1n 1986 then read about it. It's not my obligation to furnish you a "picture" like some 4 year old.
You claimed something, then refused to provide anything at all to back it up.
That is folding.
You are smarter than that, but choose lazy. smh
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