Trump says he is 'seriously' considering a capital gains tax cut

[ducks]

The eviction crisis will magically go away just like COVID did

I am sure glad you were not alive in the great depreciation

[ducks]

It still will get you far in a lot of areas in this country outside of CA,NY,DC. It will also still get you far in Cali as long as you are not living in LA,SF. I know this because I have relatives that live in an hour and half outside of LA and operates a small business that brings in that money.

Depends if you and your wife buy 30-50k cars and 200k student loans and then trying to buy a house

[spurraider21]

Dude one is living on his own and doing quite well

one of your kids is on his own and 150k is still not cutting it for you in Yuma? i think you might be financially illiterate too

[ElNono]

Who's paying for this tax cut?

[spurraider21]

Who's paying for this tax cut?

it will pay for itself

Seeded with tax cuts, the nation will eventually harvest the benefits

[DMX7]

I lived in a trailer park as a kid.

But those taxes affect me now.

I bet the inheritance tax doesn’t. You probably don’t even know what the threshold for taxation is but you want it cut. Typical idiot.

[daslicer]

Depends if you and your wife buy 30-50k cars and 200k student loans and then trying to buy a house

It's all about your priorities if you make that money and how you budget it. If you are very materialistic and you want the big house, the luxury cars of course it won't be enough.

[ducks]

one of your kids is on his own and 150k is still not cutting it for you in Yuma? i think you might be financially illiterate too

I am fine I have solar lots of equality in my house one car payed off one also
150 would not cut it if I live in cal

I would never live their with their gun laws anyhow

[spurraider21]

I am fine I have solar lots of equality in my house one car payed off one also
150 would not cut it if I live in cal

I would never live their with their gun laws anyhow

you'd be just fine in CA making 150, especially with 1 of 2 kids already out of the house

[DMX7]

it will pay for itself

Seeded with tax cuts, the nation will eventually harvest the benefits

I.e. your great great grandchildren are the ones paying.

[daslicer]

you'd be just fine in CA making 150, especially with 1 of 2 kids already out of the house

Agreed my relatives make above 100K and all of their kids are out of the house. They even bought a new house a few years back in Cali. I'm just not buying into the BS Ducks is spewing.

[DarrinS]

Who's paying for this tax cut?

This question is so odd.

[spurraider21]

Agreed my relatives make above 100K and all of their kids are out of the house. They even bought a new house a few years back in Cali. I'm just not buying into the BS Ducks is spewing.

i mean its certainly more expensive, but the meme that people in CA earning 6 figures are struggling is absurd

[daslicer]

i mean its certainly more expensive, but the meme that people in CA earning 6 figures are struggling is absurd

I agree.

[spurraider21]

I agree.

palo alto has a median household income north of 130k, but thats very specific.

[Winehole23]

it will pay for itself

Seeded with tax cuts, the nation will eventually harvest the benefits

I would post the relevant ST thread, but searching is disabled.



2012: Kansas tax cuts enacted
https://www.kansascity.com/latest-ne...in-Kansas.html2014

2014: Revenue shortfall
https://www.nytimes.com/2014/10/23/u...-tax-cuts.html

2015: Unemployment drops to the theoretical full employment level

Unemployment has dropped to 4.2% from 5.5% in 2013, and wages and job growth are steadily climbing.

https://www.wsj.com/articles/seeded-...its-1431729743

2017: Denouement, cuts repealed

Since Kansas enacted tax and spending cuts in 2012 and 2013, Brownback and his allies have argued that this fiscal potion would generate an explosion of economic growth. It didn’t. Overall growth and job creation in Kansas underperformed both the national economy and neighboring states. From January, 2014 (after both tax cuts passed) to April, 2017, Kansas gained only 28,000 net new non-farm jobs. By contrast, Nebraska, an economically similar state with a much smaller labor force, saw a net increase of 35,000 jobs.

https://www.forbes.com/sites/beltway.../#6b5619c95508

[spurraider21]

that’s the one

[ElNono]

This question is so odd.

why is that? you know how taxes work?

[ElNono]

Also, somebody explain how trading financial instruments creates jobs? Especially in this shortsighted market?

[ElNono]

I'll go ahead and claim that in it's current form, capital gains tax cuts actually removes incentives from creating jobs. Basically, if you can make more money trading papers, why would you take on the risk of employing people, dealing with benefits, paperwork, etc?

[clambake]

Him saying it is just a treat. Wants your vote. He’ll pivot after he gets that.

And Darrin is chained to his 401k.

[Chucho]

Tax cuts for the rich is the priority while 1/3 of the country can't make rent and faces eviction while tens of millions have lost jobs, I mean how can anyone vote for these heads? Oh and killing off Social Security, Medicare, and the Post Office are the other priorities for this completely worthless political party.

You're going to give your vote to a pro-cop cop with a shady past who is barely more famous than the fat, dead wrestler's name she shares (to be honest, the Original Kamala was probably more well known than Black Gustapo Broad until '16) who died just two days before she was nominated. This person will assume the POTUS position because you're going to vote for a senile old man who is a blatant racist, establishment and more-than-likely massive pedophile who is going to die before 2 years of his term are complete. You and I both know neither side will do anything for the poor once in office, so no need to pretend your party cares more than the s we're dealing with now.

Sorry, hard to take any Dem supporter at face value when the manipulation message has been " da police" the last X years and then you bend knee to accept and welcome the uglier version of Condoleza Rice as your next POTUS while the actual POTUS candidate has been telling the base he is race manipulating.

Hardcore Dems selling out their dogma to pwn the Conservi s. The irony.

[Spurtacular]

Self-described Libertarian

[ChumpDumper]

You're going to give your vote to a pro-cop cop with a shady past who is barely more famous than the fat, dead wrestler's name she shares (to be honest, the Original Kamala was probably more well known than Black Gustapo Broad until '16) who died just two days before she was nominated. This person will assume the POTUS position because you're going to vote for a senile old man who is a blatant racist, establishment and more-than-likely massive pedophile who is going to die before 2 years of his term are complete. You and I both know neither side will do anything for the poor once in office, so no need to pretend your party cares more than the s we're dealing with now.

Sorry, hard to take any Dem supporter at face value when the manipulation message has been " da police" the last X years and then you bend knee to accept and welcome the uglier version of Condoleza Rice as your next POTUS while the actual POTUS candidate has been telling the base he is race manipulating.

Hardcore Dems selling out their dogma to pwn the Conservi s. The irony.

Oh ! Chucho's gonna vote for Trump!

[Spurtacular]

Oh ! Chucho's gonna vote for Trump!

You and BlerpDerper play this pearls clutched card every time someone steps out of line.