He finally made America great again! Yay!Now THAT is a real President.
Because he treated someone with a little respect?Now THAT is a real President.
I've said before, many inxjs here seem to have incredibly weak intuition.
However subtle, there's a difference between intuition and paranoia.
The NIIT is a 3.8% tax levied only on individuals with net investment income above $200,000 (or couples jointly filing taxes with incomes above $250,000), and exclusively targets unearned, passive income such as rental income, interest, dividends and capital gains. The Joint Committee on Taxation estimates that the repeal of the NIIT would cost $172 billion over 10 years. Just 2.6% of taxpayers are affected by the NIIT, according to the Tax Policy Center.
ATF’s estimates, available here, and summarized in the table below, are based on Trump’s public financial disclosure form filed with the U.S. Office of Government ethics, which reports his assets and income for the period from January 2016 to April 2017.
According to the disclosure, which reports income amounts in ranges, Trump has annual income between $38 million and $74 million that would immediately be subject to the NIIT. Applying the 3.8% tax to these amounts, we estimate that Trump’s tax cut would be between $1.4 million and $2.8 million.
https://www.commondreams.org/newswi...get-28-million-annual-tax-cut-gop-health-plan
Trump would make money from the tax cut.
Really do not care.The NIIT is a 3.8% tax levied only on individuals with net investment income above $200,000 (or couples jointly filing taxes with incomes above $250,000), and exclusively targets unearned, passive income such as rental income, interest, dividends and capital gains. The Joint Committee on Taxation estimates that the repeal of the NIIT would cost $172 billion over 10 years. Just 2.6% of taxpayers are affected by the NIIT, according to the Tax Policy Center.
ATF’s estimates, available here, and summarized in the table below, are based on Trump’s public financial disclosure form filed with the U.S. Office of Government ethics, which reports his assets and income for the period from January 2016 to April 2017.
According to the disclosure, which reports income amounts in ranges, Trump has annual income between $38 million and $74 million that would immediately be subject to the NIIT. Applying the 3.8% tax to these amounts, we estimate that Trump’s tax cut would be between $1.4 million and $2.8 million.
https://www.commondreams.org/newswi...get-28-million-annual-tax-cut-gop-health-plan
Trump would make money from the tax cut.
So are we just screwed either way?I feel like whoever is going to be president must cope with, not solve (I mean see us through a la FDR), a dire economic situation that seems unavoidable. The job creation issue under Obama has been misleading and fraught with confusion. The fact remains that we are still dealing with unemployment and underemployment in ways that aren't even properly ascertainable. Vast numbers of Americans are just a few paychecks away from being homeless. Approximately a 6th of Americans are on food stamps presumably because they can't afford to feed themselves and their families. I read somewhere that about 63 million Americans would be unable to handle a $500.00 unexpected bill (that would have been me about 1.5 years ago actually). Homelessness is masked by things like families living in subsidized motels. The Euro and Japanese banks are hitting negative interest rates. That's been a sure harbinger of depression. Not recession. Depression. I don't see us as isolated from the eventual shock-waves that will emanate from Europe (the Brexit turned out to be remarkably trauma free so far, but I don't think that negates the game of musical chairs ALL the banks, US included, are still playing). And then there is this question: What are we as a country? What do we make? What's our role in the world? Well, we're consumers. And we have some good ideas. But basically, as a people, we buy shit from China and other sweatshop countries and no longer participate in the global production infrastructure at a meaningful level. The generation that has paid for what is our health and social security system is dying off. We have turned into a welfare state and a debtor state. I believe the president coming in, whoever that will be, must cope with that and see us through. I abhor Hillary Clinton to such a high degree that I will vote for Trump. Not even while holding my nose. I look at his hair and unusual hue with a kind of weird admiration now. I mean, it takes chutzpah to walk around like that. Not to mention to totally annihilate 16 seasoned politicians and pretty much wipe the Bushes off the political map. I have no illusions that he can do much about the coming onslaught of economic woes. I just find him less repugnant than HRC. So the next president, whoever it is, will be a one termer IMO. His/Her primary responsibility will be to offer some guidance and whatever little can be done in the face of decades upon decades of unprecedented financial corruption, increasing class division and death of the middle class. That's the next president's job: offer a little hope and opportunity to the growing masses of disenfranchised people. Fixing what the banks and politicians have already done and what will soon be upon us, is beyond any one person, even the POTUS.
Isn't that what Hilary and everything else is doing?Extreme racial tension. An economy fully submerged in an ocean of debt. Dangerous misunderstandings with numerous world leaders. Health problems due to aging. Hilarious ridicule for his tiny hands.
Nah. But everyone will cover for him until they figure out he's sold America to China. Or he freaks and hides out in Thailand until "this whole presidency thing blows over."
I unfortunately think that I at times have reptilian inside of me
Yay, someone answered me. I am not alone.
That has to be the shortest lived Chief of Staff ever