SageBrush
Posts: 1416
Joined: Sun Mar 06, 2011 2:28 am
Delivery Date: 13 Feb 2017
Location: Colorado

Re: The Early Demise of the $7500 Credit is BAD News

Mon Nov 06, 2017 4:17 pm

Yogi62 wrote:2. If you are a renter, or an income below $50,000 you might end up paying less. .

Nah. The Repub pukes are conveniently forgetting to mention that they are cancelling student loan deductions when they describe their "typical American household."

The tax story boils down to this:
$130 Billion a year windfall to the top 1% and corporations
$20 Billion a year for the rest of country; then
Skyrocketing health premiums paid out of pocket to cover the tax plan deficit.

The rest is people fighting over crumbs.
Last edited by SageBrush on Mon Nov 06, 2017 4:23 pm, edited 1 time in total.
2013 Model 'S' with QC & rear-view camera
Bought off-lease Jan 2017 from N. California with 63.9 Ahr after 22k miles
Car is now enjoying an easy life in Colorado

LeftieBiker
Posts: 7145
Joined: Wed May 22, 2013 3:17 am
Delivery Date: 31 May 2013
Location: Upstate New York, US

Re: The Early Demise of the $7500 Credit is BAD News

Mon Nov 06, 2017 4:20 pm

SageBrush wrote:
Yogi62 wrote:2. If you are a renter, or an income below $50,000 you might end up paying less. .

Nah. The Repub pukes are conveniently forgetting to mention that they are cancelling student loan deductions when they describe their "typical American household."



The key to successfully scamming people using the tax code is to have some winners. Ironically, I would save money on the new tax plan. Those with low to moderate incomes who don't itemize will probably save money. The rest of those in the same income brackets will not.
2013 "Brilliant Silver" SV with Premium Package and no QC, and 2009 Vectrix VX-1 with 18 Leaf cells.

The most offensive, tasteless phrase in use here is "Pulled the trigger." I no longer respond to posts that use it.

SageBrush
Posts: 1416
Joined: Sun Mar 06, 2011 2:28 am
Delivery Date: 13 Feb 2017
Location: Colorado

Re: The Early Demise of the $7500 Credit is BAD News

Mon Nov 06, 2017 4:24 pm

LeftieBiker wrote:
SageBrush wrote:
Yogi62 wrote:2. If you are a renter, or an income below $50,000 you might end up paying less. .

Nah. The Repub pukes are conveniently forgetting to mention that they are cancelling student loan deductions when they describe their "typical American household."



The key to successfully scamming people using the tax code is to have some winners. Ironically, I would save money on the new tax plan. Those with low to moderate incomes who don't itemize will probably save money. The rest of those in the same income brackets will not.

You may see reduced taxes (for a couple of years anyway, until the built-in inflation scam eats them away), but you WILL pay for the corporate giveaway. Watch what happens to your out of pocket healthcare costs as the Repubs defund the healthcare system to pay for the corporate tax breaks. I get the feeling that that the manipulated fools like LTLFTcomposite, to the extent they think through this idiotic plan at all, hope that their skyrocketing healthcare premiums will be absorbed by their employers.

Hahahahahahahahahahahahahhahahahahha
2013 Model 'S' with QC & rear-view camera
Bought off-lease Jan 2017 from N. California with 63.9 Ahr after 22k miles
Car is now enjoying an easy life in Colorado

wwhitney
Posts: 665
Joined: Sat Jul 17, 2010 10:10 am
Delivery Date: 01 Apr 2011
Location: Berkeley, CA

Re: The Early Demise of the $7500 Credit is BAD News

Mon Nov 06, 2017 5:57 pm

LTLFTcomposite wrote:Just answer one question, how come corporate profits are taxed at lower rates in European countries than the US?

Reference? I briefly looked for a list by country of "corporate taxes as a fraction of GDP" and "corporate taxes as a fraction of total tax revenue" but couldn't find it.

Cheers, Wayne

SageBrush
Posts: 1416
Joined: Sun Mar 06, 2011 2:28 am
Delivery Date: 13 Feb 2017
Location: Colorado

Re: The Early Demise of the $7500 Credit is BAD News

Mon Nov 06, 2017 6:08 pm

wwhitney wrote:
LTLFTcomposite wrote:Just answer one question, how come corporate profits are taxed at lower rates in European countries than the US?

Reference? I briefly looked for a list by country of "corporate taxes as a fraction of GDP" and "corporate taxes as a fraction of total tax revenue" but couldn't find it.

Cheers, Wayne

This is a good summary:
http://www.npr.org/2017/08/07/541797699 ... -the-world

G20: 2.8%
American Corporations: 2.2%
2013 Model 'S' with QC & rear-view camera
Bought off-lease Jan 2017 from N. California with 63.9 Ahr after 22k miles
Car is now enjoying an easy life in Colorado

User avatar
LTLFTcomposite
Posts: 4337
Joined: Fri Apr 23, 2010 6:06 pm
Delivery Date: 10 Dec 2011
Leaf Number: 5926
Location: Boca Raton FL

Re: The Early Demise of the $7500 Credit is BAD News

Mon Nov 06, 2017 7:03 pm

Healthcare costs and student loans are two areas that need to be reined in. The best way to do that is cut back on the availability of money to fund both of them. In healthcare the outcomes aren't any better for all that is being spent. Colleges these days are just places kids goof off protesting stuff they don't even understand rack up debt having their heads filled with liberal nonsense instead of learning anything that prepares them with skills the market demands. 150k in student debt for an art history degree, then complain the interest isn't deductible.
LTL
White 2012 SV delivered 10 Dec 2011 returned 25 Nov 2014 replaced with stopgap ICE Sentra
[35 months] [35K miles] [9 Bars]
2013 Volt replaced after 36 months/30k miles with ICE Rogue

Jedlacks
Posts: 146
Joined: Sun Dec 14, 2014 12:10 pm
Delivery Date: 29 May 2016
Location: Kennesaw, GA

Re: The Early Demise of the $7500 Credit is BAD News

Mon Nov 06, 2017 7:22 pm

LTLFTcomposite wrote:Healthcare costs and student loans are two areas that need to be reined in. The best way to do that is cut back on the availability of money to fund both of them. In healthcare the outcomes aren't any better for all that is being spent. Colleges these days are just places kids goof off protesting stuff they don't even understand rack up debt having their heads filled with liberal nonsense instead of learning anything that prepares them with skills the market demands. 150k in student debt for an art history degree, then complain the interest isn't deductible.


Is this Alex Jones???? :lol: :lol: :lol: :lol: :lol: :lol: :lol:

BUSTED!!!
2015 SV QC/LED
Juicebox 40A

WetEV
Posts: 1758
Joined: Fri May 04, 2012 8:25 am
Delivery Date: 16 Feb 2014
Location: Near Seattle, WA

Re: The Early Demise of the $7500 Credit is BAD News

Mon Nov 06, 2017 7:40 pm

LTLFTcomposite wrote:Healthcare costs and student loans are two areas that need to be reined in. The best way to do that is cut back on the availability of money to fund both of them.


Yes, the USA has the highest healthcare costs of any of the advanced countries, and the worst health outcomes of any of the advanced countries.

A real problem, we can agree.

The U.S. has the highest rate of deaths amenable to health care among comparable countries.

I suspect that spending less money might increase the death rate, increase medical errors and reduce access to doctors.

Perhaps a solution is more complex than that?
WetEV
#49
Most everything around here is wet during the rainy season. And the rainy season is long.
2012 Leaf SL Red (Totaled)
2014 Leaf SL Red

User avatar
LTLFTcomposite
Posts: 4337
Joined: Fri Apr 23, 2010 6:06 pm
Delivery Date: 10 Dec 2011
Leaf Number: 5926
Location: Boca Raton FL

Re: The Early Demise of the $7500 Credit is BAD News

Mon Nov 06, 2017 7:55 pm

WetEV wrote:The U.S. has the highest rate of deaths amenable to health care among comparable countries.

I suspect that spending less money might increase the death rate, increase medical errors and reduce access to doctors.

Perhaps a solution is more complex than that?

Last I looked the death rate is 100%. Everybody dies of something.
Cut spending on food stamps, obesity rate will drop as people can't afford so much fast food and packaged food, get more exercise because they will have an easier time finding a job with all the new investment, and diabetes rates will drop. Problem solved.
LTL
White 2012 SV delivered 10 Dec 2011 returned 25 Nov 2014 replaced with stopgap ICE Sentra
[35 months] [35K miles] [9 Bars]
2013 Volt replaced after 36 months/30k miles with ICE Rogue

User avatar
Nubo
Posts: 4480
Joined: Fri May 28, 2010 11:01 am
Delivery Date: 31 Oct 2014
Location: Vallejo, CA

Re: The Early Demise of the $7500 Credit is BAD News

Mon Nov 06, 2017 8:42 pm

LTLFTcomposite wrote:Colleges these days are just places kids goof off protesting stuff they don't even understand rack up debt having their heads filled with liberal nonsense instead of learning anything that prepares them with skills the market demands. 150k in student debt for an art history degree, then complain the interest isn't deductible.


Oh dear lord.

http://www.npr.org/sections/money/2014/ ... in-1-graph
I noticed you're still working with polymers.

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