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Thread: Socialism vs Capitalism - An xfrodobagginsx Compilation Thread

  1. #231
    Senior Member magentaflame's Avatar
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    Re: BOOM: US Economy SMASHES ESTIMATES, Adds 230K Jobs Under Trump's Capitalism

    Here there are talks of a tax cut to middle income earners and big Corps.
    This after cutting funding to social entities such as safe houses for battered women, drug rehabs, foster care, job provider agencies.

    And what's interesting is at the same time whispers of raising the GST which everyone gets stung with.

  2. #232
    Senior Member Bryn Mawr's Avatar
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    Re: BOOM: US Economy SMASHES ESTIMATES, Adds 230K Jobs Under Trump's Capitalism

    Quote Originally Posted by magentaflame View Post
    Here there are talks of a tax cut to middle income earners and big Corps.
    This after cutting funding to social entities such as safe houses for battered women, drug rehabs, foster care, job provider agencies.

    And what's interesting is at the same time whispers of raising the GST which everyone gets stung with.
    As long as GST is like VAT and only levied on luxury items is this a problem?

    If it really is a "general" Sales Tax then it is indeed a BIG problem.

  3. #233
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    Re: BOOM: US Economy SMASHES ESTIMATES, Adds 230K Jobs Under Trump's Capitalism

    Quote Originally Posted by Bryn Mawr View Post
    As long as GST is like VAT and only levied on luxury items is this a problem?

    If it really is a "general" Sales Tax then it is indeed a BIG problem.
    Where did yiou get the idea that VAT was only levied on luxury goods?

  4. #234
    Senior Member Bryn Mawr's Avatar
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    Re: BOOM: US Economy SMASHES ESTIMATES, Adds 230K Jobs Under Trump's Capitalism

    Quote Originally Posted by gmc View Post
    Where did yiou get the idea that VAT was only levied on luxury goods?
    UK VAT is 0% on "Life Necessities and 5% on other basics such as heating oil - the full 20% is therefore charged on things considered to be luxuries.

    You and I would class many things as life necessities that the government class as luxuries but the intent is clear, it is the execution that is flawed.

  5. #235
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    Re: Under Obama's Socialist Policies, GDP Was The LOWEST In US History.

    In many cases poverty is not a choice. The new tax bill just makes the rich get richer and the poor poorer. Jesus himself came for the poor and the oppressed which is what
    America is trying to boost . Help the rich get richer. This is not Christian behavior. Regan took all controls of the Banks in the futile hope of trickle down prosperity which has been shown to be a false idea .. Then greed took over and look what resulted in 2008.

  6. #236
    Proudly humble LarsMac's Avatar
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    Re: BOOM: US Economy SMASHES ESTIMATES, Adds 230K Jobs Under Trump's Capitalism

    Quote Originally Posted by Bryn Mawr View Post
    ... but the intent is clear, it is the execution that is flawed.
    There is the assessment of government, wherever we seem to be.
    "The trouble with people isn't that they don't know, but that they know so much that ain't so." - Will Rogers
    "Truth isn't Truth" - Rudy Giuliani

  7. #237
    Senior Member Bryn Mawr's Avatar
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    Re: BOOM: US Economy SMASHES ESTIMATES, Adds 230K Jobs Under Trump's Capitalism

    Quote Originally Posted by LarsMac View Post
    There is the assessment of government, wherever we seem to be.
    Amen

  8. #238
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    Re: Under Trump's Capitalism: Black Unemployment Rate Lowest in 17 Years

    CNSnews (not to be confused with CNN) is complete bullsh*t.

  9. #239
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    GOP Tax Plan Will Be GREAT For America. Largest Tax Cuts In American History

    GOP TAX PLAN PASSES LARGEST TAX CUTS IN HISTORY: It cuts taxes on 80% of Americans, 15% will stay the same and 5%, rich people, earning over $500.000 per year will see an increase in taxes. It's gonna save between $1600-$2000 per year on taxes for the average American. It cuts the Corporate tax rate from 35%, the highest in the Industrialized world down to 20% which is going to bring jobs back to America. Obama added nearly $1 Trillion on average per year to the deficit. This at worst will at $1 Trillion in 10 years, but it won't do that anyway because it's going to generate more tax revenue than before. It will probably cause a surplus which we could use to pay down the debt, if the Liberals don't find a way to spend it.

    Upon this Bills passage, Wells Fargo and 5/3 Bank announced it was going to raise their starting pay up to $15 per hour for employees. AT&T and Comcast announced that they are going to give $1000 bonuses to all of their employees for Christmas this year. AT&T alone has over 200,000 employees.



    https://townhall.com/tipsheet/guyben...icans-n2424201

  10. #240
    Proudly humble LarsMac's Avatar
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    Re: GOP Tax Plan Will Be GREAT For America. Largest Tax Cuts In American History

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    Quote Originally Posted by xfrodobagginsx View Post
    GOP TAX PLAN PASSES LARGEST TAX CUTS IN HISTORY: It cuts taxes on 80% of Americans, 15% will stay the same and 5%, rich people, earning over $500.000 per year will see an increase in taxes. It's gonna save between $1600-$2000 per year on taxes for the average American. It cuts the Corporate tax rate from 35%, the highest in the Industrialized world down to 20% which is going to bring jobs back to America. Obama added nearly $1 Trillion on average per year to the deficit. This at worst will at $1 Trillion in 10 years, but it won't do that anyway because it's going to generate more tax revenue than before. It will probably cause a surplus which we could use to pay down the debt, if the Liberals don't find a way to spend it.

    Upon this Bills passage, Wells Fargo and 5/3 Bank announced it was going to raise their starting pay up to $15 per hour for employees. AT&T and Comcast announced that they are going to give $1000 bonuses to all of their employees for Christmas this year. AT&T alone has over 200,000 employees.



    https://townhall.com/tipsheet/guyben...icans-n2424201
    ATT has more than 200000. By the way, the same day they said they are giving that 1000 bucks to 200000 employees, they laid off nearly a thousand.
    That is where the money is coming from, I reckon.
    "The trouble with people isn't that they don't know, but that they know so much that ain't so." - Will Rogers
    "Truth isn't Truth" - Rudy Giuliani

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