The Trump Economy

[Tiberius]

11 minutes ago, 3rdnlng said:

You're an idiot. What matters is the overall tax bill for each taxpayer. Car dealerships like the big refunds because of the fact that they were often used as down payments or lease upfront payments. They were similar to interest free savings accounts. Basil is not referring to tax returns but tax refunds---money paid back that was originally overpaid to the government. You must have taken the Maxine Watters economics class.

I love how they are acknowledging the disappointment of low tax refunds! 

 

You are right though, the tax "reform" shuffled money around to make it look like tax payers were getting more in their pay checks then f'ed them on the returns. Scam lol 

[3rdnlng]

2 minutes ago, Tiberius said:

I love how they are acknowledging the disappointment of low tax refunds! 

 

You are right though, the tax "reform" shuffled money around to make it look like tax payers were getting more in their pay checks then f'ed them on the returns. Scam lol 

I am quoting this purely for history's sake. The government does not give out tax returns. Your mind is addled.

[DC Tom]

42 minutes ago, Tiberius said:

I love how they are acknowledging the disappointment of low tax refunds! 

 

You are right though, the tax "reform" shuffled money around to make it look like tax payers were getting more in their pay checks then f'ed them on the returns. Scam lol 

 

"Low tax refund" means you paid less in taxes throughout the year.

[Tiberius]

2 minutes ago, DC Tom said:

 

"Low tax refund" means you paid less in taxes throughout the year.

Hmmmm...was that too hard for Republicans to explain in 2018? Lol, tax cut for the wealthy, shell game for everyone else

[keepthefaith]

30 minutes ago, Tiberius said:

Hmmmm...was that too hard for Republicans to explain in 2018? Lol, tax cut for the wealthy, shell game for everyone else

 

It really is time for you to go................away..................from.................here. 

[DC Tom]

37 minutes ago, Tiberius said:

Hmmmm...was that too hard for Republicans to explain in 2018? Lol, tax cut for the wealthy, shell game for everyone else

 

That needs to be explained?  

 

***** off, idiot.

[Hedge]

A live feed of Trump's speech on 5G Deployment, which may start at anytime (at the moment of this posting, they are re-showing one of Trumps Border conversations, however) :

 

 

 

 

[Buffalo_Gal]

H&R Block: Taxes Down 25 Percent This Year
 

Taxes are down 24.9 percent on average following passage of the Tax Cuts and Jobs Act, according to a report released today by H&R Block based on their clients’ tax returns. 
 

The report states: “overall tax liability is down 24.9 percent on average.”
 

Tax refunds are also up, contrary to the line being pushed by Democrats and the establishment media. “Refunds are up 1.4 percent,” according to the H&R Block report.

</snip>

[BuffaloHokie13]

1 hour ago, DC Tom said:

"Low tax refund" means you paid less in taxes throughout the year.

I feel like I nailed it. When the tax law hit my paycheck went up ~$200. In the end I owed the Feds $80 and Virginia owed me $400. I think it's the closest I've ever been on Federal.

[Tiberius]

46 minutes ago, DC Tom said:

 

That needs to be explained?  

 

***** off, idiot.

Republicans didn't explain anything, the law is so unpopular they just ignored talking about it and still lost 40 seats. 

 

Basil is just reacting to customers they are talking to who are disappointed in their tax returns. Maybe you should tell them how its all ok because the super wealthy got big tax cuts 

[3rdnlng]

Just now, Tiberius said:

Republicans didn't explain anything, the law is so unpopular they just ignored talking about it and still lost 40 seats. 

 

Basil is just reacting to customers they are talking to who are disappointed in their tax returns. Maybe you should tell them how its all ok because the super wealthy got big tax cuts 

How many times do you've to be told that you don't get back tax returns from the government? Not only are you dumb, but every time you refuse to learn from your mistakes you double down on the dumb.

[Tiberius]

Just now, 3rdnlng said:

How many times do you've to be told that you don't get back tax returns from the government? Not only are you dumb, but every time you refuse to learn from your mistakes you double down on the dumb.

Don't get mad at me that the tax give away to the super wealthy is politically unpopular. 

[Nanker]

19 minutes ago, Buffalo_Gal said:

H&R Block: Taxes Down 25 Percent This Year
 

Taxes are down 24.9 percent on average following passage of the Tax Cuts and Jobs Act, according to a report released today by H&R Block based on their clients’ tax returns. 
 

The report states: “overall tax liability is down 24.9 percent on average.”
 

Tax refunds are also up, contrary to the line being pushed by Democrats and the establishment media. “Refunds are up 1.4 percent,” according to the H&R Block report.

</snip>

Yeah, sure. But what do THEY know?

[Tiberius]

 

[Chef Jim]

1 hour ago, Tiberius said:

 

 

I will answer for Mr Dimon.  This is how she should manage her shortfall

 

1. Make more money.

2. Don't have a child if you can't take care of yourself (the ole put on your oxygen mask first)

3. Move out of Orange County.  

4. It's not my problem to solve it's hers. 

 

Edited April 12, 2019 by Chef Jim

[3rdnlng]

15 minutes ago, Chef Jim said:

 

I will answer for Mr Dimon.  This is how she should manage her shortfall

 

1. Make more money.

2. Don't have a child if you can't take care of yourself (the ole put your oxygen mask first)

3. Move out of Orange County.  

4. It's not my problem to solve it's hers. 

 

First job with a 6 year old kid? Hmmmn. Makes for a lot of questions.

[Tiberius]

1 minute ago, 3rdnlng said:

First job with a 6 year old kid? Hmmmn. Makes for a lot of questions.

Who was saying the system is rigged? Wasn't that Trump? The Wikileaks lover, lol. 

 

"I love WikiLeaks" 

[Buffalo_Gal]

 

[Koko78]

44 minutes ago, Buffalo_Gal said:

 

 

The answer, by the way, is yes. It is Armageddon when your electoral plan is to create an economic situation where people are dependent on the government to provide everything for them, thus keeping the Democrats in perpetual power so that people don't lose their welfare benefits.

 

It's funny how people suddenly think for themselves when they're capable of supporting themselves.

[Buffalo_Gal]

 

[Deranged Rhino]

 

[Buffalo_Gal]

CNN let something slip...
 

 

[row_33]

18 minutes ago, Buffalo_Gal said:

 

 

most people are total morons, why they feel they can comment on their taxes is beyond me, for at least 95% of them

 

[Foxx]

9 minutes ago, Buffalo_Gal said:

CNN let something slip...
 

 

but... but why is he heading to Minnesota to tout the economy? is he doing this to spout more hateful rhetoric towards Ilhan?

Edited April 15, 2019 by Foxx

[Buffalo_Gal]

1 minute ago, Foxx said:

but... but why is he heading to Minnesota to tout the economy? is he doing this to spout more hateful rhetoric towards Illhan?

Because he comes by the title Troller-in-Chief honestly? ?‍♀️

[Koko78]

14 minutes ago, row_33 said:

 

most people are total morons, why they feel they can comment on their taxes is beyond me, for at least 95% of them

 

 

They had the guy who wrote that article on a show I listened to last week on the way home from work. A number of callers complained that they didn't get as big a refund, or would have owed (but for the increase in the child credit). First thing the guy would ask them is if they changed how much was withheld, as the IRS rejiggered the formula. They all said no.

 

He also pointed out numerous times that the refund was an interest-free loan to the government, and asked them if their paychecks were bigger. None of them could (or would) answer if their take-home pay was more was or not. They also discussed how the Democrats did an effective job in lying to the public about whether or not they benefited from this. 90% of taxpayers actually got a tax cut, but only ~35% thought they did.

 

The host did point out that Bush Jr. did it right, politically, when he had the Treasury cut checks to everyone in 2001. People had something tangible in their hands to know they got a tax cut.

[IDBillzFan]

On 4/12/2019 at 12:56 PM, Chef Jim said:

 

I will answer for Mr Dimon.  This is how she should manage her shortfall

 

1. Make more money.

2. Don't have a child if you can't take care of yourself (the ole put on your oxygen mask first)

3. Move out of Orange County.  

4. It's not my problem to solve it's hers. 

 

 

Perhaps we should dig into Ms. Porter's finances a bit. 

 

How did you become the first Democrat to ever get elected in CA 45?

 

You raised almost $7M and and spent nearly ALL OF IT to become a Congresswoman? Did you not have an extra $500/month to help that poor woman in Irvine? You know how to spend $7M of other people's money Ms. Porter. Can you not figure out how to help this woman figure out the $500/month shortfall?

 

Why, that's $6,000 a year, Ms. Porter. A simple $60,000 for ten full years to help this woman!  You got that much money FROM ONE DONOR! 

 

 

Hypocritical schittwhore. 

[keepthefaith]

4 hours ago, Foxx said:

but... but why is he heading to Minnesota to tout the economy? is he doing this to spout more hateful rhetoric towards Ilhan?

 

Because Trump's going after a big prize in 2020, winning Minnesota which a Republican hasn't done almost ever.  Omar is helping his cause. 

[DC Tom]

4 hours ago, row_33 said:

 

most people are total morons, why they feel they can comment on their taxes is beyond me, for at least 95% of them

 

 

And it's not even difficult: do you taxes, compare your 2018 return to your 2017 return.  Divide your taxes paid by your income for each year.  Is 2018 less than 2017?  Congratulations, you got a tax cut.  

[row_33]

7 hours ago, Koko78 said:

 

They had the guy who wrote that article on a show I listened to last week on the way home from work. A number of callers complained that they didn't get as big a refund, or would have owed (but for the increase in the child credit). First thing the guy would ask them is if they changed how much was withheld, as the IRS rejiggered the formula. They all said no.

 

He also pointed out numerous times that the refund was an interest-free loan to the government, and asked them if their paychecks were bigger. None of them could (or would) answer if their take-home pay was more was or not. They also discussed how the Democrats did an effective job in lying to the public about whether or not they benefited from this. 90% of taxpayers actually got a tax cut, but only ~35% thought they did.

 

The host did point out that Bush Jr. did it right, politically, when he had the Treasury cut checks to everyone in 2001. People had something tangible in their hands to know they got a tax cut.

 

I did personal and corporate returns for a dozen years and took many advanced tax courses.

 

I have no idea what I could say that would solve any problems. So many people have a conviction they can snap their fingers and make everyone happy.....

 

 

3 hours ago, DC Tom said:

 

And it's not even difficult: do you taxes, compare your 2018 return to your 2017 return.  Divide your taxes paid by your income for each year.  Is 2018 less than 2017?  Congratulations, you got a tax cut.  

 

That’s as complex as it has to be.... thanks

 

[Buffalo_Gal]

Weekly jobless claims: 192k (actual) vs 205k (estimated) 

March retail sales: 1.6% (actual) vs .9% (estimated)
 

 

[plenzmd1]

 

 

 

8 minutes ago, Buffalo_Gal said:

Weekly jobless claims: 192k (actual) vs 205k (estimated) 

March retail sales: 1.6% (actual) vs .9% (estimated)
 

 

To be clear, i am not saying the economy is not doing well..

 

But this job market has been predicted for the last 10 years, its a simple generation thing. Boomers are retiring at a faster pace than there is people to replace them. I have been selling HR solutions since at least 2012 stressing the "war for talent" is a real thing, especially in skilled jobs. And it is only going to get worse over the next 7-10 years. As an example, Deloitte says in the next 6 years, 2M jobs in manufacturing will go unfilled because of the shortage of skilled labor to fill the roles.

 

Really whoever is in office is going to have great job numbers..simple matter of supply and demand. 

 

 

[GG]

4 minutes ago, plenzmd1 said:

 

 

Really whoever is in office is going to have great job numbers..simple matter of supply and demand. 

 

 

 

Not according to the premise of the OP

[Koko78]

13 minutes ago, plenzmd1 said:

But this job market has been predicted for the last 10 years, its a simple generation thing. Boomers are retiring at a faster pace than there is people to replace them. I have been selling HR solutions since at least 2012 stressing the "war for talent" is a real thing, especially in skilled jobs. And it is only going to get worse over the next 7-10 years. As an example, Deloitte says in the next 6 years, 2M jobs in manufacturing will go unfilled because of the shortage of skilled labor to fill the roles.

 

Really whoever is in office is going to have great job numbers..simple matter of supply and demand.

 

Not that I'm disputing what you're saying, but do you have any links to back up that this was predicted a decade ago?

[GG]

2 minutes ago, Koko78 said:

 

Not that I'm disputing what you're saying, but do you have any links to back up that this was predicted a decade ago?

 

The seven summers of recovery don't do the trick for you?

[3rdnlng]

11 minutes ago, Koko78 said:

 

Not that I'm disputing what you're saying, but do you have any links to back up that this was predicted a decade ago?

I predicted it. It was obvious to me and anyone with an IQ above HAHA Gator's that once Obama left office and his restrictive policies were reversed that the economy would take off.

[plenzmd1]

24 minutes ago, Koko78 said:

 

Not that I'm disputing what you're saying, but do you have any links to back up that this was predicted a decade ago?

I am not sure I can find links to a decade ago, but will do my best!!!

[MakeBuffaloGreatAgain]

5 hours ago, GG said:

 

The seven summers of recovery don't do the trick for you?

Slowest recovery ever, under Odumbo... took a real capitalist to help it take off. 

[Buffalo_Gal]

Earnings and data could be proof that slowdown fears were overblown
 

</snip>
 

According to Refinitiv, 74% of the companies reporting so far have beaten expectations. Based on forecasts and actual reports, earnings for the S&P 500 as a whole are expected to decline 1.7%, the first negative quarter in three years. Some forecasters had projected an earnings decline of 4% or more.
 

The equivalent of the economy’s first-quarter report card will be released Friday, with the first reading of GDP. The outlook for first-quarter growth has suddenly shifted upward, after a series of better data releases later in the quarter. CNBC/Moody’s Analytics Rapid Update survey shows economists’ median forecast is now tracking at 2.4%, way above the 1% expected earlier in the quarter, when severe winter weather and the government shutdown were stifling the economy.
 

</snip>
 

[keepthefaith]

On 4/18/2019 at 2:40 PM, MakeBuffaloGreatAgain said:

Slowest recovery ever, under Odumbo... took a real capitalist to help it take off. 

 

Tax cuts, big spending and low interest rates.  The economy is on cocaine.