Mainecat Posted November 9, 2016 Share Posted November 9, 2016 Trump wants to cut the corporate tax rate. I think he is wrong here. Quote Link to comment Share on other sites More sharing options...
Snoslinger Posted November 9, 2016 Share Posted November 9, 2016 how to handle the increase in lines at terrorist recruitment centers. Quote Link to comment Share on other sites More sharing options...
Snoslinger Posted November 9, 2016 Share Posted November 9, 2016 Just now, Mainecat said: Trump wants to cut the corporate tax rate. I think he is wrong here. come on silly. companies already making money hand-over-fist, and doing everything in their power to increase profits, will surely hire more people to stand around and make everyone happier with more pay. Quote Link to comment Share on other sites More sharing options...
Momorider Posted November 9, 2016 Share Posted November 9, 2016 1 minute ago, racer254 said: Supreme Court NOMINEE He has a list of 20 that are being vetted as you type that Quote Link to comment Share on other sites More sharing options...
Momorider Posted November 9, 2016 Share Posted November 9, 2016 2 minutes ago, Mainecat said: Trump wants to cut the corporate tax rate. I think he is wrong here. But you are a fucking idiot and proved it again supporting these fucking sacks of shit Quote Link to comment Share on other sites More sharing options...
Mainecat Posted November 9, 2016 Share Posted November 9, 2016 5 minutes ago, Snoslinger said: come on silly. companies already making money hand-over-fist, and doing everything in their power to increase profits, will surely hire more people to stand around and make everyone happier with more pay. Quote Link to comment Share on other sites More sharing options...
Sleepr2 Posted November 9, 2016 Share Posted November 9, 2016 1 minute ago, Mainecat said: Bring back all the deductions we had back then too, Quote Link to comment Share on other sites More sharing options...
Zambroski Posted November 9, 2016 Share Posted November 9, 2016 44 minutes ago, Mainecat said: America first. We Americans are the worlds police force and its time to scale back. This is why I've always liked you. Not that you care...but it's true. Hold still....reach around coming. Quote Link to comment Share on other sites More sharing options...
racer254 Posted November 9, 2016 Author Share Posted November 9, 2016 There is no reason to have small businesses that are between 100k to 335k at a 39% rate, then go back down to 34% Quote Link to comment Share on other sites More sharing options...
racer254 Posted November 9, 2016 Author Share Posted November 9, 2016 How about the DOJ, start looking them over and get rid of any and all corruption in that Department. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Highmark Posted November 9, 2016 Platinum Contributing Member Share Posted November 9, 2016 1 hour ago, Mainecat said: Trump wants to cut the corporate tax rate. I think he is wrong here. And you still believe companies pay income taxes. Bare minimum we need to get rid of the double taxation in C-Corps. They pay taxes then their owners pay taxes again on distributions. No reason it shouldn't be handled like S-Corps. Quote Link to comment Share on other sites More sharing options...
Mainecat Posted November 9, 2016 Share Posted November 9, 2016 (edited) How about we do what Reagan did add 10 points to the corporate tax and increase taxes for everyone 3 times? Edited November 9, 2016 by Mainecat Quote Link to comment Share on other sites More sharing options...
racer254 Posted November 9, 2016 Author Share Posted November 9, 2016 41 minutes ago, Mainecat said: How about we do what Reagan did add 10 points to the corporate tax and increase taxes for everyone 3 times? Be more specific. Quote Link to comment Share on other sites More sharing options...
Gold Member BOHICA Posted November 9, 2016 Gold Member Share Posted November 9, 2016 Think trump should roll back social security max income of contributions.... for 2017 it is going up 10k to like $127k before you dont have to contribute anymore on income above that. Miss the beginning of the bush years where that limit was down around or below $100k. i use to be done contributing to SS in july under bush... now its like september under obama Quote Link to comment Share on other sites More sharing options...
Mainecat Posted November 9, 2016 Share Posted November 9, 2016 26 minutes ago, racer254 said: Be more specific. I was. I posted a corp rate chart and Reagan did raise taxes 3 times....maybe 4 times Quote Link to comment Share on other sites More sharing options...
Mainecat Posted November 9, 2016 Share Posted November 9, 2016 21 minutes ago, BOHICA said: Think trump should roll back social security max income of contributions.... for 2017 it is going up 10k to like $127k before you dont have to contribute anymore on income above that. Miss the beginning of the bush years where that limit was down around or below $100k. i use to be done contributing to SS in july under bush... now its like september under obama remove the cap....YES Quote Link to comment Share on other sites More sharing options...
Gold Member BOHICA Posted November 9, 2016 Gold Member Share Posted November 9, 2016 Just now, Mainecat said: remove the cap....YES Nope. Bring it down below 100k. It means more money in the middle class pocket by lowering the cap. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Highmark Posted November 9, 2016 Platinum Contributing Member Share Posted November 9, 2016 4 minutes ago, Mainecat said: I was. I posted a corp rate chart and Reagan did raise taxes 3 times....maybe 4 times Your chart shows top corp tax rate at 46% in 1980, 40% in 1987 and 34% in 1988. You also cannot look at that without knowing what the brackets were broken down by $ totals as well as what was allowed for deductions. Keep in mind we were coming out of a time of extremely high inflation so things were going up besides the cost of goods. A small company who profit % stayed the same might have been in a much higher tax "bracket" because of previous inflation. Quote Link to comment Share on other sites More sharing options...
racer254 Posted November 9, 2016 Author Share Posted November 9, 2016 48 minutes ago, Mainecat said: I was. I posted a corp rate chart and Reagan did raise taxes 3 times....maybe 4 times You posted the top corp tax chart. That is not specific at all. What specifically are you talking about. There are all kinds of taxes in the US. What specific tax bracket in what years got raised? Quote Link to comment Share on other sites More sharing options...
Mainecat Posted November 9, 2016 Share Posted November 9, 2016 38 minutes ago, Highmark said: Your chart shows top corp tax rate at 46% in 1980, 40% in 1987 and 34% in 1988. You also cannot look at that without knowing what the brackets were broken down by $ totals as well as what was allowed for deductions. Keep in mind we were coming out of a time of extremely high inflation so things were going up besides the cost of goods. A small company who profit % stayed the same might have been in a much higher tax "bracket" because of previous inflation. I lived through it. Mortgage rates were still in double digits halfway through Reagan's term. Quote Link to comment Share on other sites More sharing options...
Sleepr2 Posted November 9, 2016 Share Posted November 9, 2016 2 hours ago, Mainecat said: I lived through it. Mortgage rates were still in double digits halfway through Reagan's term. Gee, maybe he "inherited " that from Carter? Quote Link to comment Share on other sites More sharing options...
jtssrx Posted November 9, 2016 Share Posted November 9, 2016 7 hours ago, SnowRider said: That's the problem.......which side of his mouth would you like him to start with? Shut up stupid. Quote Link to comment Share on other sites More sharing options...
Mileage Psycho Posted November 9, 2016 Share Posted November 9, 2016 7 hours ago, Highmark said: Exactly what he campaigned. It will be interesting to see what he does and doesn't do. Quote Link to comment Share on other sites More sharing options...
jtssrx Posted November 9, 2016 Share Posted November 9, 2016 My list. Day one: reverse every executive order written by Barry, announce plan for wall, begin the deportation of every criminal in our jails, end sanctuary city's, announce replacement for Scalia. Day two: announce the end of Obamacare, common core, the Iran deal, EPA involvement in climate change. Day three: announce tax plan, invite all business to come back to the United States where they will enjoy the lowest tax rates in the world. Day four: announce special prosecutor into Hillary and bill Clinton for email and Clinton foundation scandals. Day five: pardon Edward Snowden and Julian Assange. Day six: meet with Putin and build a collision to destroy ISIS and every other Islamic fuck. Send back every Syrian refugee and pause all immigration of those type of people until they can be vetted. Quote Link to comment Share on other sites More sharing options...
Ez ryder Posted November 10, 2016 Share Posted November 10, 2016 4 hours ago, Mainecat said: I lived through it. Mortgage rates were still in double digits halfway through Reagan's term. 1/2 way through. u said it they were crazy high because of Carters miserable fail. what happened around the 3/4 mark? shit will never move fast in Washington we gave the big O 8 yrs and we got massive debt and massive amounts jobs leaving the country Quote Link to comment Share on other sites More sharing options...
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