03-02-2016, 08:31 PM | #21 | |
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https://fairtax.org/about/how-fairtax-works-slideshow |
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03-03-2016, 02:10 AM | #22 |
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I voted for Kasich. I wish he had a chance to win this nomination. Hard to see what the path is. Maybe he wins Ohio, and there is a huge bombshell re: Trump. But even then there are Rubio and Cruz in the way.
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03-03-2016, 03:44 AM | #23 |
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Well the theory is he wins Ohio and starts opening up in states more favorable to him. However, Trump has also scored in NH. I don't see how Kasich wins, but I would prefer him a lot more.
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03-03-2016, 01:24 PM | #24 | |
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Rubio will cut the top rate from 39% to 35%, give the middle class an even bigger cut, and collapse the tax brackets into only three. So far so good. But then...eliminate the cap gains tax, inheritance tax, dividends tax...on his website I don't see any cuts that will pay for it. Maybe I missed something. Cap gains is basically income from sitting on your bum. Why that shouldn't be taxed is beyond me. The income inequality in this country is worsening. White males are dying from suicide and drug and alcohol poisoning at accelerating rates. That makes the vulnerable to demagoguery from the likes of Trump. Last edited by ChinoCoug; 03-03-2016 at 01:31 PM. |
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03-03-2016, 01:28 PM | #25 |
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The glory days of Bill Clinton fiscal responsibility are over. Welfare rolls reduced by 60%, every decile of Americans saw income growth, Republicans and Democrats were in a deficit-cutting competition.
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03-03-2016, 05:06 PM | #26 | |
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http://taxfoundation.org/article/top...oecd-2011-2014 Capital gains are NOT income for sitting on your but, but the opposite, leaving capital in the system to fund new factories, buildings, and new businesses. Allowing capital funds to invest by having a low tax rate is reasonable and accepted generally throughout the world. People who complain about the capital gains tax treatment are people who don't understand it or who don't have capital to invest. Balancing the budget will occur by reshaping government employment and unfunded pension liabilities.
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03-03-2016, 06:50 PM | #27 | |
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I have real estate investments. They make money on their own. |
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03-03-2016, 06:56 PM | #28 | |
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Taxing capital gains lightly is a generally accepted principle everywhere, except in Denmark and Sweden where there is not tax they don't love.
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03-03-2016, 07:30 PM | #29 |
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Of all the candidates still standing, Trump is the most likely to cause the most damage to the country. Sanders can't get nominated, so that's moot. Hillary won't change anything from the status quo and is actually a little more moderate than Obama. Nothing would happen because there's a congress to block whatever she wants.
Trump could actually get the most done with help from the dems in congress along with a few stupid republicans. The problem is that what he would want to get done would be disastrous. It's tragic that his fanbase is too stupid to understand what his macho bombastic insults of other countries and threats of trade wars actully means: "If elected I will pass a 35% tax on the products you buy every day at Walmart." If he talked trade policy in his speeches in terms that explained how his stupid ideas would affect their every day lives, he would have no support. Unfortunately most of his fans were skipping high school history and/or economics class to smoke behind the school on the day they talked about what "tariffs" are. Last edited by BlueK; 03-03-2016 at 07:40 PM. |
03-03-2016, 07:48 PM | #30 |
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So is CB rabidly anti-trump?
I find that that A&M message board has a lot of pro-Trump sentiment. |
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