Ignorance is never an excuse. The problem here isn't me posting an article, or the article not substantiating the claim, it's you trying to have a conversation while admitting you didn't feel like informing yourself.
What's worse is that it didn't prevent you from casting doubt on it despite the fact that you readily admit you didn't read the meat of it. Talk about sweeping assumptions.
Maybe you like to come across as a vacuous person, that's certainly your choice, but there can't really be a conversation in those terms, and this is pretty much a waste of time.
Why didn't you just post the original source material instead of some NYT article - especially at the end of the month when whatever their limit of articles has been hit? And obviously, I don't care what people think of me - vacuous or otherwise. Please feel free to put me on ignore.
more whining, no surprises there. Everybody else's fault but your own, per par.
carry on.
Use some lube next time. She’s an old Chinese lady that subscribes to Fox News talking points.
She a "CHINESE" "WOMAN"? Listening to fox news?
It's not about race, piling on, etc... I get that if somebody is trolling they might jump into any thread and make some stupid comment looking for a reaction.
It's the legit re ed FUD comment from self-admitted ignorance, then blaming other people for her own laziness. ing why the original source material wasn't posted, when in fact, I copied the link from my own original post (which apparently she didn't notice, but it's somehow my fault).
Which really goes to show that she dismissed the article off-hand, and decided instead that she had to drop a mindless soundbite. We have plenty of posters doing the rah rah bull here, but I guess we can keep adding to the count.
Here is your post from 3 days ago:
You did not post a LINK above for the original source - do you expect posters to go searching the internet for something from Source: Bureau of Economic Analysis. You then posted the below LINK one day ago - a whole 2 days later.How the Trump Tax Cut Is Helping to Push the Federal Deficit to $1 Trillion
The amount of corporate taxes collected by the federal government has plunged to historically low levels in the first six months of the year, pushing up the federal budget deficit much faster than economists had predicted.
The reason is President Trump’s tax cuts. The law introduced a standard corporate rate of 21 percent, down from a high of 35 percent, and allowed companies to immediately deduct many new investments. As companies operate with lower taxes and a greater ability to reduce what they owe, the federal government is receiving far less than it would have before the overhaul.
The Trump administration had said that the tax cuts would pay for themselves by generating increased revenue from faster economic growth, but the White House has acknowledged in recent weeks that the deficit is growing faster than it had expected. The Office of Management and Budget said this month that it had revised its forecasts from earlier this year to account for nearly $1 trillion of additional debt over the next decade — on average, almost $100 billion more a year in deficits.
https://www.nytimes.com/2018/07/25/b...t-deficit.html
And I still can't read that NYT article as it's still July - so, yes, I've (as you said) "dismissed" the article - lest I comment on something that I haven't read and you jump all over me for my "ignorance".
Last edited by rmt; 07-29-2018 at 07:52 AM.
What happens when you click on the underlines "said this month" in that post you just quoted? It was there all the time, you just ing missed it. Keep whining tho.
lol bold letters
Yeah, people say Keynesian orthodoxy is always a failure but in reality we've only ever tried half of it.
Don't worry though, suddenly a lot of peeps will become fiscal hawks overnight when their team is no longer in power, tbh...
I apologize but I'm not looking for any underline/link under "said this month" - geez, this is like bou's light yellow links. Someone might have pointed that out earlier but I guess it's fun watching me make a fool of myself.
the oligarchy kakistocracy giving itself another $100B in tax cuts
Trump administration considers tax cut for the wealthy
The Treasury Department is considering a tax cut for the wealthiest Americans through a change that
would not need approval from Congress,
officials said, a move that would follow a package of tax cuts last year that also benefited the super-rich.
studying whether to
allow investment income, known as capital gains, to be adjusted for inflation in a way that shields more of it from taxation.
Most capital gains are paid by wealthier Americans, who disproportionately hold large portfolios of investments.
But the use of executive power on such a significant change to the tax law would be highly unusual and could be vulnerable to a legal challenge.
Senior administration officials have discussed whether to proceed but have not concluded they have legal authority to do so.
The move was rejected during the George H.W. Bush administration because
it was seen as outside the scope of Treasury’s authority and only attainable via an act of Congress.
https://www.washingtonpost.com/busin...=.cddd717790b7
the oligarchy's SCOTUS5 s would wave it through
a GOP sponsored poll shows voters think the Trump tax cut favors "corporations and rich Americans" over "middle-class families" by a margin of two to one.
https://www.bloomberg.com/news/artic...le-on-tax-cuts
but all that matters to Repug voters, is not their finances, not their flat real incomes, but god, guns, gays, browns, Muslims, blacks, regulation of female sex and vaginas.
Buybacks Continued to Boom Last Quarter: DealBook’s Closing Bell
Companies in the Standard & Poor’s 500-stock index bought back a record $189.1 billion of their shares during the second quarter, up nearly 60 percent from a year ago, according to S.&P. Dow Jones Indices.
The figure topped the previous high of $178 billion set during the first quarter. Through the first six months, corporate buybacks stand at $379.7 billion, a 50 percent increase from the same period in 2017.
Technology companies were the busiest, accounting for nearly 37.5 percent of the activity.
Apple again led the way.
The iPhone maker bought $21.9 billion of its shares back last quarter.
Apple accounted for 11.5 percent of all buyback activity by S.& P. 500 companies.
https://www.nytimes.com/2018/09/24/business/dealbook/corporate-stock-buybacks.html?partner=rss&emc=rss
How's That Trickle Down workin' for ya, non-oligarchs?
tax cut 2.0, 3.1 trillion dollars more over 10 years, passes the House of Representatives:
That's ed up. The people making under $29K would be getting a $105K tax cut if there was any justice in this horrible world we live in. It's just so unfair.tax cut 2.0, 3.1 trillion dollars more over 10 years, passes the House of Representatives:
Snake Boy, so out of touch
Think the GOP Tax Cut Was for the Rich? Actually, It Was for the White and Rich.
At nearly every point on the economic spectrum, a new report do ents, it helped whites more than people of color.
The $1.5 trillion tax cut signed into law last December by President Trump is
not only widening the economic gap between the rich and everyone else, but also between white Americans and people of color.
Of the $275 billion in individual and business tax cuts doled out by the law this year, some $218 billion will go to white households, according to the report.
Black and Latino households are expected to take in only $32 billion total between the two groups.
On average, white households will get $2,020 in cuts, while black households will receive $840 and Latino households $970.
http://prospect.org/article/think-gop-tax-cut-was-rich-actually-it-was-white-and-rich
iow, AmeriKKKa is a pretty place to live if you're non-white, non-male, since the country is rigged in 1000s of ways for whites, esp white males.
Freedom! Equality! The American Dream!
So this super important article is dropping the bombs that there is a large (now larger) gap between minority wealth and white wealth.....it’s hard hitting articles like this that keep you relevant Boutons. Obviously the tax cuts were racist right man?Think the GOP Tax Cut Was for the Rich? Actually, It Was for the White and Rich.
At nearly every point on the economic spectrum, a new report do ents, it helped whites more than people of color.
The $1.5 trillion tax cut signed into law last December by President Trump is
not only widening the economic gap between the rich and everyone else, but also between white Americans and people of color.
Of the $275 billion in individual and business tax cuts doled out by the law this year, some $218 billion will go to white households, according to the report.
Black and Latino households are expected to take in only $32 billion total between the two groups.
On average, white households will get $2,020 in cuts, while black households will receive $840 and Latino households $970.
http://prospect.org/article/think-gop-tax-cut-was-rich-actually-it-was-white-and-rich
iow, AmeriKKKa is a pretty place to live if you're non-white, non-male, since the country is rigged in 1000s of ways for whites, esp white males.
Freedom! Equality! The American Dream!
I’m just throwing this out there for you Boutons, but maybe it’s time to stop posting non stop every day....it has been like 13 years of your life you’ve dedicated to what I only assume is the non stop goal of reaching a million posts.
Massive deficit good now that darky gone from office
the deficit increased by one third in one year. while the economy was expanding.
when will the tax cut start paying for itself?
or maybe the whole point to create a deficit so large that Medicare and Social Security cuts are seen as inevitable
The article - if you read it - gets a little more in depth and actually explains it. You could arguably make a case that the tax cuts were more favorable to whites.
Voter suppression is also. Gerrymandering qualifies.
Not that hard to see that the browning of Amerikkka is actually scaring the out of whites.
No accident that the cheating going on in this country today is being done by Republicans who are making it twice as hard against minorities and they are making sure that minorities jump through twice as many hoops as whites.
(see North Dakota & Native Americans)
The article - for example - shows that more whites are in the middle class than minorities - so when the middle class receives a tax cut - it is benefiting more white people than minorities who are still not in the middle class yet.
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