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  1. #6601
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    Re: Non-Presidential News Stories That Don't Deserve Their Own Thread Thread

    Quote Originally Posted by Bub View Post
    Clinton raised taxes, cut spending and the economy did just fine as we ran a surplus. He had some favorable conditions, but it's proof that it can be done.
    Exactly. That was an era tough when working together and compromising was possible. If they can find a way I would be more than willing to pay a bit more
    SJW - bad attempt at insulting people that care about other's rights and not just their own.

  2. #6602

    Re: Non-Presidential News Stories That Don't Deserve Their Own Thread Thread

    Quote Originally Posted by YankeePride1967 View Post
    http://www.msnbc.com/morning-joe/wat...-1099779139520

    In 2018, 25% of all tax cut dollars would go to the wealthiest 1% and half to the top 5%.
    The wealthy are always goinf to get a big piece of any tax cut, since they pay the most. But after watching the video, the big issue is that 60-80% of these cuts go to corporations, in an effort to stimulate the economy, but they have little evidence that this will happen. Looks like they'll get a small bump, but won't be worth the debt increase.


    I do find the tax increase after 5 years for the income brackets below a concern.


    Most Americans pay the same — or lower — taxes until 2023.For the next five years, the vast majority of Americans (92 percent) would either pay less or see little change, according to the official estimates from the Joint Committee on Taxation. But that shifts sharply after five years. In 2023, only 40 percent of Americans would pay less. Twenty-two percent would pay more (the rest see little change), JCT found.

    By 2023, a key middle-class tax break expires.
    Many of the people facing tax hikes are solidly middle class ($40,000 to $75,000) or else in the “upper upper” middle class ($200,000 to $400,000), JCT found. A key savings for the middle class — the Family Flexibility Credit — goes away after 2022. The House bill also uses a low measure of inflation after 2022, meaning more and more people start to jump from the 12 percent tax bracket to the 25 percent bracket (which starts to kick in at $67,500 for heads of households). Higher income earners are impacted by the elimination of numerous itemized deductions (see more explanation on those below)
    Hideki Matsui is capable of anything

  3. #6603
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    Re: Non-Presidential News Stories That Don't Deserve Their Own Thread Thread

    https://www.cnbc.com/2017/11/16/sena...-analysis.html

    And many low income families will pay more taxes under this tax scam, I mean bill.
    SJW - bad attempt at insulting people that care about other's rights and not just their own.

  4. #6604
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    Re: Non-Presidential News Stories That Don't Deserve Their Own Thread Thread

    https://www.washingtonpost.com/news/...=.5d1bd2fac448
    Former Oklahoma state Sen. Ralph Shortey has reached a plea deal with federal prosecutors months after investigators uncovered a secret life that they say involved child pornography and a rendezvous with a 17-year-old boy he had met through Craigslist’s personal ads.
    Pretty sure he was an anti-gay legislator who ran on family values platform. This guy has a different view of family values than I.

    Glad to see he'll be locked up.
    Baseball is life;
    the rest is just details.

  5. #6605
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    Re: Non-Presidential News Stories That Don't Deserve Their Own Thread Thread

    Quote Originally Posted by YankeePride1967 View Post
    https://www.cnbc.com/2017/11/16/sena...-analysis.html

    And many low income families will pay more taxes under this tax scam, I mean bill.
    I doubt many will pay more directly. Maybe some will. It's likely larger poor families where the increased personal deduction will not offset the lost of the personal exemptions.

    But they will suffer in reduced services, mostly likely biggly.
    Baseball is life;
    the rest is just details.

  6. #6606
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    Re: Non-Presidential News Stories That Don't Deserve Their Own Thread Thread

    Quote Originally Posted by Yankee Tripper View Post
    I doubt many will pay more directly. Maybe some will. It's likely larger poor families where the increased personal deduction will not offset the lost of the personal exemptions.

    But they will suffer in reduced services, mostly likely biggly.
    Well loss of exemptions result in higher taxes and also when you get less services that means you either go without or pay more if you can to get that service which is in itself a tax increase
    SJW - bad attempt at insulting people that care about other's rights and not just their own.

  7. #6607

    Re: Non-Presidential News Stories That Don't Deserve Their Own Thread Thread

    Somehow I missed this one. This would be especially devastating to STEM research. So shortsighted.

    https://www.cnbc.com/2017/11/16/hous...0-percent.html

    The House Republican tax plan includes a $1.5 trillion corporate tax cut and a giant tax hike on graduate students.
    Some programs provide graduate students with a modest stipend for food and housing. For instance, Ryan Hill, a fourth-year Ph.D. student at MIT, receives a $30,000 living stipend and a tuition waiver allowing him to forego paying $50,000 in tuition. He currently pays taxes on his $30,000 stipend, but under the proposed House tax bill, his tuition waiver would also be taxed — meaning he would be taxed as if he was earning $80,000 a year.

  8. #6608
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    Re: Non-Presidential News Stories That Don't Deserve Their Own Thread Thread

    Quote Originally Posted by Texsahara View Post
    Somehow I missed this one. This would be especially devastating to STEM research. So shortsighted.

    https://www.cnbc.com/2017/11/16/hous...0-percent.html
    I put that in the education thread last week. I guess that thread doesn't get looked at much.
    Baseball is life;
    the rest is just details.

  9. #6609

    Re: Non-Presidential News Stories That Don't Deserve Their Own Thread Thread

    Quote Originally Posted by Yankee Tripper View Post
    I put that in the education thread last week. I guess that thread doesn't get looked at much.
    I'm usually pretty good at keeping up there but missed that one somehow. Too much happening! I can't keep up!

  10. #6610

    Re: Non-Presidential News Stories That Don't Deserve Their Own Thread Thread

    Why women on Capitol Hill don’t report sexual harassment, explained in 90 seconds

    Sexual harassment victims in Congress have 180 days to bring a claim to the US Congress Office of Compliance, the office responsible for handling workplace complaints, Hunt explains.

    Victims are then subject to up to 30 days of mandatory counseling and then have 15 days to decide whether to bring claims to mediation. If they don’t want mediation, they’re out of options.

    If victims do opt for mediation, a lawyer representing the congressional office gets involved, whose job it is to protect the office and institution. That lawyer is funded with taxpayer money.

    If no settlement is reached, then there’s a 30-day cooling-off period before a victim can file a lawsuit or request a hearing.

    And if a settlement is reached, it is usually accompanied by a nondisclosure agreement — and paid for, again, with taxpayer money.
    Yeah. This is a problem.

  11. #6611
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    Re: Non-Presidential News Stories That Don't Deserve Their Own Thread Thread

    Quote Originally Posted by NerfBall55 View Post
    The wealthy are always goinf to get a big piece of any tax cut, since they pay the most. But after watching the video, the big issue is that 60-80% of these cuts go to corporations, in an effort to stimulate the economy, but they have little evidence that this will happen. Looks like they'll get a small bump, but won't be worth the debt increase.


    I do find the tax increase after 5 years for the income brackets below a concern.
    So again, what's the point and purpose of this tax plan? Is it solely to "stimulate" the economy by decreasing taxes on corporations, most of which are already swimming in cash? That hasn't proven to be effective. Even if most of the middle class gets the estimated $1,000 tax break, do they really need it at the expense of the next generation who will have to pay it back? If the economy was floundering then maybe, but it isn't. I think Congress is lost on this issue right now. I'd like to see a solid guarantee with any tax plan out there that slashes tax rates - if certain goals aren't met that will offset the decrease with additional tax dollars collected via job growth or whatever, the entire thing gets reversed. I'll bet none of those pushing this plan would make that deal because they know it's a fraud.
    Let the kids play.

  12. #6612
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    Re: Non-Presidential News Stories That Don't Deserve Their Own Thread Thread

    Quote Originally Posted by Bub View Post
    So again, what's the point and purpose of this tax plan? Is it solely to "stimulate" the economy by decreasing taxes on corporations, most of which are already swimming in cash? That hasn't proven to be effective. Even if most of the middle class gets the estimated $1,000 tax break, do they really need it at the expense of the next generation who will have to pay it back? If the economy was floundering then maybe, but it isn't. I think Congress is lost on this issue right now. I'd like to see a solid guarantee with any tax plan out there that slashes tax rates - if certain goals aren't met that will offset the decrease with additional tax dollars collected via job growth or whatever, the entire thing gets reversed. I'll bet none of those pushing this plan would make that deal because they know it's a fraud.
    And the individual cuts disappear in 2027. The 1982 cut worked because tax rates for the wealthy were high. But they aren’t now, despite the lies by Trump amd if the incentive really was to spur the economy and not the actual reason of paying back campaign donors then they would get more money into the hands of the poor and middle class who would actually spend it.but as you said any unpaid tax cut is basically stealing from our children.
    SJW - bad attempt at insulting people that care about other's rights and not just their own.

  13. #6613
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    RYMASTER or Ryan_Yankees's Avatar
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    Re: Non-Presidential News Stories That Don't Deserve Their Own Thread Thread

    Quote Originally Posted by Bub View Post
    So again, what's the point and purpose of this tax plan? Is it solely to "stimulate" the economy by decreasing taxes on corporations, most of which are already swimming in cash? That hasn't proven to be effective. Even if most of the middle class gets the estimated $1,000 tax break, do they really need it at the expense of the next generation who will have to pay it back? If the economy was floundering then maybe, but it isn't. I think Congress is lost on this issue right now. I'd like to see a solid guarantee with any tax plan out there that slashes tax rates - if certain goals aren't met that will offset the decrease with additional tax dollars collected via job growth or whatever, the entire thing gets reversed. I'll bet none of those pushing this plan would make that deal because they know it's a fraud.
    Once the debt explodes because of this, the ghouls will cut granny's social security and Medicare to make sure she dies penniless and hungry so the don't have to reverse the tax cut.

  14. #6614
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    Re: Non-Presidential News Stories That Don't Deserve Their Own Thread Thread

    Quote Originally Posted by RYMASTER or Ryan_Yankees View Post
    Once the debt explodes because of this, the ghouls will cut granny's social security and Medicare to make sure she dies penniless and hungry so the don't have to reverse the tax cut.
    Which will do nothing for the debt as Medicare and social security are their own entities and do not affect the debt
    SJW - bad attempt at insulting people that care about other's rights and not just their own.

  15. #6615

    Re: Non-Presidential News Stories That Don't Deserve Their Own Thread Thread

    Quote Originally Posted by RYMASTER or Ryan_Yankees View Post
    Once the debt explodes because of this, the ghouls will cut granny's social security and Medicare to make sure she dies penniless and hungry so the don't have to reverse the tax cut.
    They're so pro-life.

  16. #6616
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    Re: Non-Presidential News Stories That Don't Deserve Their Own Thread Thread

    Lock her up!

    http://www.lohud.com/story/news/2017...mph/881345001/

    It always seemed like Jeanine Pirro couldn’t get out of Elmira fast enough. But on Sunday she was in a rush to get there.
    The Fox News celebrity and former Westchester County district attorney was ticketed by a state trooper Sunday for driving 119 mph in the Southern Tier town of Nichols.
    Pirro was pulled over at 1:15 p.m. on Route 17, said a spokeswoman for the state police. he speed limit there is 65 mph.
    Nichols is about 25 miles from Elmira, where Pirro grew up.
    Pirro got on the line when a reporter called a relative’s home in Elmira on Monday afternoon. She hung up when asked about the ticket.
    But Fox News Channel issued a statement from her.
    “I had been driving for hours to visit my ailing 89-year-old mom and didn’t realize how fast I was driving," she said in the statement. "I believe in the rule of law and I will pay the consequences.”

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