Last time I checked, no one in the US is willing to work for $11-13 a day, which is what production/packaging facilities in MExico pay.
How much of the corporate tax break will ultimately benefit shareholders? How much of that stock is owned by foreign investors? 20%? 30%? A sizable chunk of $ transferred from US people to wealthy foreign investors... News flash, that isn't "putting America first" and they don't give a **** about US jobs.
"I went over the facts in my head, and admired how much uglier the situation had just become. Over the years I've learned that ignorance is more than just bliss. It's freaking orgasmic ecstasy".- Harry Dresden, Blood Rites
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https://www.wsj.com/articles/middle-...44268?mod=e2fbMiddle Class to Get 23% of Tax Cuts for Individuals Under GOP Bill
Originally Posted by dropthatpuck-Scooby's a lost cause.
Originally Posted by First Time, Long Time-Always knew you were nothing but a troll.
Glass at 0%: Another First Round Exit.
Extended quote:
Middle-income households will get $61 billion in tax cuts in 2019 under the Republican tax plan poised for passage this week, according to an analysis released late Monday by Congress’s Joint Committee on Taxation.
That amounts to 23% of the tax cuts that go directly to individuals. By 2027, however, these households would get a net tax increase, because tax cuts are set to expire under the proposed law.
2016 USCHO POSER OF THE YEAR
We do what we must because we can
For the good of all of us, except the ones who are dead
Cornell University
NCAA Champion 1967, 1970
ECAC Champion 1967, 1968, 1969, 1970, 1973, 1980, 1986, 1996, 1997, 2003, 2005, 2010
Ivy League Champion 1966, 1967, 1968, 1969, 1970, 1971, 1972, 1973, 1977, 1978, 1983, 1984, 1985, 1996, 1997, 2002, 2003, 2004, 2005, 2012, 2014, 2018
Only the middle class tax cut expires. The corporate and upper income tax cuts are forever.
Because they're the f-cking POINT of the bill.
That's the thing Republicans always elide: we don't object to the middle class tax cuts. We just want taxes on the wealthy raised to pay for them, and then raised further to claw back all the theft since 1981.
2016 USCHO POSER OF THE YEAR
We do what we must because we can
For the good of all of us, except the ones who are dead
Cornell University
NCAA Champion 1967, 1970
ECAC Champion 1967, 1968, 1969, 1970, 1973, 1980, 1986, 1996, 1997, 2003, 2005, 2010
Ivy League Champion 1966, 1967, 1968, 1969, 1970, 1971, 1972, 1973, 1977, 1978, 1983, 1984, 1985, 1996, 1997, 2002, 2003, 2004, 2005, 2012, 2014, 2018
Side note on this- last time I checked, if a company moved a plant to Puerto Rico, it would be considered moving it to a foreign location, so it would get the extra import tax for moving production off shore. Lest we forget, Puerto Rico, as well as many other islands, are part of the United States, they are just not states. So it's amazing that we tax stuff made by Americans to be sold in the US. What in the world is that? And it just passed.
I suspect that the hundreds of thousands of Puerto Ricans who moved to Florida will have a big impact on the elections there.
I will say this about Puerto Rico, they had an opportunity to become a state but said, “**** your income tax.” Maybe next time that income tax wouldn’t be so bad.
Originally Posted by dropthatpuck-Scooby's a lost cause.
Originally Posted by First Time, Long Time-Always knew you were nothing but a troll.
Glass at 0%: Another First Round Exit.
It apparently got ground up in a local and corrupt political dispute.
I think 50 states / 100 Senators is a huge psychological barrier to adding more states. We'll have to start expelling a few before the obvious fixes (DC, PR, splitting CA).
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2016 USCHO POSER OF THE YEAR
We do what we must because we can
For the good of all of us, except the ones who are dead
Cornell University
NCAA Champion 1967, 1970
ECAC Champion 1967, 1968, 1969, 1970, 1973, 1980, 1986, 1996, 1997, 2003, 2005, 2010
Ivy League Champion 1966, 1967, 1968, 1969, 1970, 1971, 1972, 1973, 1977, 1978, 1983, 1984, 1985, 1996, 1997, 2002, 2003, 2004, 2005, 2012, 2014, 2018
This is beautifully stated.
From The New York Times Opinion Section: "The Republican majority is bulldozing through basic democratic norms as though freedom has everything to do with the tax code and democracy just gets in the way."
Originally Posted by dropthatpuck-Scooby's a lost cause.
Originally Posted by First Time, Long Time-Always knew you were nothing but a troll.
Glass at 0%: Another First Round Exit.
Originally Posted by dropthatpuck-Scooby's a lost cause.
Originally Posted by First Time, Long Time-Always knew you were nothing but a troll.
Glass at 0%: Another First Round Exit.
On June 11, 2017, Puerto Rico held a referendum. The people voted to apply for US Statehood, 97% in favor. Now it's up to Congress to approve Puerto Rico's application as a state, which likely won't happen until both Congress and the White House are in the hands of the Democrats. And it won't be a quick process even then.
https://www.theatlantic.com/politics...ngress/530136/
"The party told you to reject the evidence of your eyes and ears. It was their final, most essential command." George Orwell, 1984
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