
TPS
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A little disappointing on 2018 overall, as it came in just under 3% (2.88% to be exact). The good news, this should temper any FED moves for awhile. https://www.wsj.com/articles/u-s-economy-grew-2-6-in-the-fourth-quarter-11551360960?mod=hp_lead_pos4
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What I heard was Cohen say he was there when Stone called and told Trump he just got off the phone with Assange. That is not a lie. Stone is lying, but that's not what Cohen is referring to here. Sorry DR, but I think you're pushing it here to say Cohen is lying, unless you are saying Cohen wasn't in the room when when Stone called?
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When Does Taxation Become Oppression?
TPS replied to The_Dude's topic in Politics, Polls, and Pundits
The point of your post, as has been made here many times, is that the top pay the most federal income taxes. That's not debatable. Why do they pay the most? That's where the money is. Since the top 10% of filers have almost 50% of agi, then of course that's where most of the revenue will come from. That was my point. In addition, I pointed out that income taxes are only one source of funding the federal government. Btw, I'm not sure what your data source is, but from just looking at a source that analyzed the 2015 tax data, $480K was the cutoff for the top 1% (AGI) of individuals, so I would think the cutoff for HHs is higher. Regarding this post, I'm not miffed at anyone, and I agree that we ought to pursue programs that help raise the earning's power at the bottom. If there were easy solutions, then I'm sure we'd be there already. That said, I would argue that many who are in those top brackets (esp the <1%) "earn" their pay from positions of power, not really the market. As TH3 mentioned about his CEO. The ratio of CEO pay to average worker pay in the US is an outlier in the developed world. CEOs and their Boards have a nice little gig going in the US, and even if they F%&K up a company, they get millions just to go away. So, yes, I do think we ought to tax those in the 0.1, 0.01,. and 0.001 brackets more. Last, as I've tried to argue in other posts, government has helped create trillions of dollars of wealth over time via spending in excess of its revenues (over $18 trillion to date), so the argument that it is confiscating wealth is not so clear cut. One little example, the majority of revenue received by the top 5 defense contractors comes from the government. The wealth that people associated with these companies have gained over time is mainly the result of government spending. Is the government confiscating their wealth or is it simply transferring back that which it helped create? This last question is for the dude.... -
When Does Taxation Become Oppression?
TPS replied to The_Dude's topic in Politics, Polls, and Pundits
I don't know anyone who says "get rid of" income inequality, but I do know a lot of people who think inequality has grown too extreme in this country. Really, the only people I've ever heard/read say everyone should have the same income are conservatives who somehow think that's what the left want. -
When Does Taxation Become Oppression?
TPS replied to The_Dude's topic in Politics, Polls, and Pundits
First, When the top 10% has as much income as the bottom 90%, who do you think pays more federal INCOME taxes? Second, the federal government uses payroll taxes in the same way it uses income taxes, so focusing only on income taxes tends to slant the argument. Payroll taxes have exceeded payouts since the 1980s, and those taxes went to support all other government programs. If you're worried about the rich paying too much in federal income taxes, then support policies that reduce income inequality... -
What's your 2019 projected offensive line
TPS replied to RPbillsfan's topic in The Stadium Wall Archives
I'm not so sure about this. Last year, with less cap space, Beane spent $20 mil on the D-line. He doesn't want to have cap issues when it comes to re-signing players int he future, but I could see him spending $40 mil this year on 2 OL, a TE, and a WR. -
Nice job. I doubt very much the Patriots started with a strategy of gaining comp picks--it takes time to get into the position they are now. The Bills still have holes to fill, and will be net buyers in FA again this year. Given their roster turnover, they also are a few years away from seeing a net loss of good players. I don't expect they will gain any decent comp picks for quite some time.
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https://consortiumnews.com/2019/02/20/rule-of-the-rabbis-fuels-holy-war-in-israel/ this is a depressing piece related to the Israeli-Palestinian solution, or not most likely. The current election will determine if it's delayed or not. The moderate wings in Israel have joined forces to take on Netanyahu, saying they will split the PM position if they win. Netanyahu's response was to join forces with an extremist, right-wing group (like asking the kkk to join your ticket), and even aipac has criticized him. Christian zealots in the US are probably throwing end of the world parties preparing for the rapture...
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It's been going on for awhile now, since the commodity bubble popped in 2014. The trade war didn't come at a good time for them.
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Right up the Dude's alley....this is how ***** up the country is now. https://www.yahoo.com/news/coast-guard-lieutenant-accused-murder-plot-scale-rarely-seen-country-223900168.html
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It's always nice when I find myself in agreement with libertarians... https://www.counterpunch.org/2019/02/18/the-first-rule-of-aipac-is-you-do-not-talk-about-aipac/ He's saying the same thing that many others are saying in her support, the truth about aipac's outsized influence on American politics.
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Even the WSJ is coming around on deficits. https://www.wsj.com/articles/worry-about-debt-not-so-fast-some-economists-say-11550414860 there is one major error in the article, trying to compare the US with Greece and Italy--those countries do not have a central bank that controls and independent currency, and they have to live by the debt constraints imposed on EMS countries.
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As I stated, two years ago a majority (of Israelis and Palestinians) wanted a peaceful solution, which means ALL Palestinians are not Hamas. https://www.csmonitor.com/World/Middle-East/2016/0822/Poll-Majority-of-Israelis-Palestinians-want-peaceful-solution with trump's support of making Jerusalem the capital of Israel and the continued stealing of Palestinian land by settlers, these numbers are now in the 40-50% range. the policy of Netanyahu's hardline government is making the situation more difficult, which is why you can find a significant number of "self-loathing" Israelis like the author of the editorial I linked to.
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Read some polls instead of whatever biased media you currently read. A UN report stated Gaza could be uninhabitable by 2020 due to the Blockade. 65% of the population in Gaza is under 25, and they've known nothing but the blockade for most of their lives. Many of these people want to get on with their lives, and while Palestinian Politics have been dominated by two parties, there is an effort to counter that. Btw, care to provide a link to where the Palestinians currently state "they want all of Israel"?
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Like most on the right, you want to lump all Palestinians (and Israelis) into a simple caricature. Palestinians and Israelis wanting a peaceful solution were a majority just 2 years ago, and there is still a significant (40-50%) in favor. As Israel continues to forcibly take more land for their settlers, I wonder why this number is dropping...?