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Old 11-30-2017, 01:44 PM   #1
jerp
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Default The GOP may get the tax bill passed after all

Even John McCain says he is on board. Wall Street seems to like the news
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Old 11-30-2017, 01:51 PM   #2
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24K DJIA pretty impressive. I wonder how many liberal minded (Trump hating) investors and financial advisors that thought the economy would crash to a halt when he was elected (Mark Cuban comes to mind) lost out on massive amounts of potential wealth by letting bias predict future market conditions.
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Old 11-30-2017, 01:56 PM   #3
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Quote:
Originally Posted by J Sweet View Post
24K DJIA pretty impressive. I wonder how many liberal minded (Trump hating) investors and financial advisors that thought the economy would crash to a halt when he was elected (Mark Cuban comes to mind) lost out on massive amounts of potential wealth by letting bias predict future market conditions.
Anyone who felt that way strongly enough to be short all year is going to have a very unmerry Christmas!
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Old 11-30-2017, 02:37 PM   #4
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Quote:
Originally Posted by J Sweet View Post
24K DJIA pretty impressive. I wonder how many liberal minded (Trump hating) investors and financial advisors that thought the economy would crash to a halt when he was elected (Mark Cuban comes to mind) lost out on massive amounts of potential wealth by letting bias predict future market conditions.
Just the thought of that makes me smile.
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Old 12-01-2017, 11:46 AM   #5
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Looks like a done deal. Senate got the vote thru.
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Old 12-01-2017, 01:36 PM   #6
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I havenít done a lot of research but I donít think this is a good thing for individuals.


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Old 12-01-2017, 08:44 PM   #7
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I read where a 24k market represents $7T in economic value added to the US.

If true, that has to be more value than added during the boom in Reagan's 8 years.

And probably more than all Dem presidents combined x10.

I'll overlook a lifetime of silly tweets if this continues for the next 7 years.
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Old 12-01-2017, 08:47 PM   #8
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Great. I like making money while hunting and enjoying retirement.
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Old 12-02-2017, 02:13 AM   #9
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It passed. woot!
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Old 12-03-2017, 06:02 PM   #10
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Billionaire's and lobbyist are rejoicing!
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Old 12-04-2017, 08:40 AM   #11
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Seems to be pretty good, I know right now I get just about 10k withheld each year (as a single) I am now married and with this tax plan they will only withhold about 14k filing as married... If my math is correct..
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Old 12-04-2017, 10:07 AM   #12
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Billionaire's and lobbyist are rejoicing!
Please elaborate.
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Old 12-04-2017, 10:46 AM   #13
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Waiting to see how it evolves in conference with the House.... I hate that the GOP lacks the will to cut spending, but if we can keep a little more of what we earn I'll take whatever we can get.
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Old 12-04-2017, 02:18 PM   #14
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It's a mirage, smoke and mirrors. They don't know how to spend less, that's what they'd have to do go give any tax cuts. If they say they're going to cut federal taxes, the States will pick up the slack when the fed passes the expense on down the line. Basically the goverments tax policy is.................. how much did you make ? send it in.
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Old 12-04-2017, 03:28 PM   #15
Mike D
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Does anyone have a link to the bill as it currently stands?

There was some bad stuff in there last time I looked. Stuff like automatic increases if enough revenue wasnít generated by economic growth.


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Old 12-04-2017, 04:52 PM   #16
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Quote:
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Billionaire's and lobbyist are rejoicing!


So am I, and I ain't one of those.
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Old 12-04-2017, 04:53 PM   #17
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Quote:
Originally Posted by TMain View Post
Billionaire's and lobbyist are rejoicing!
FWIW
Seven Myths About the GOP Tax Reform

http://www.breitbart.com/taxes/2017/...op-tax-reform/
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Old 12-04-2017, 04:55 PM   #18
Lostacresranch
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Originally Posted by Mike D View Post
Does anyone have a link to the bill as it currently stands?

There was some bad stuff in there last time I looked. Stuff like automatic increases if enough revenue wasnít generated by economic growth.


Sent from my iPhone using Tapatalk Pro


The only thing that increases taxes is after 10 years, some of the cuts will have to be renewed by congress. When you see democrats screaming about increases, that's what they are referring to. It's NOT an increase. Unless democrats vote against it.
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Old 12-05-2017, 04:01 PM   #19
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Senate Altered Tax Reform to Help Illegal Aliens Claim Child Tax Credit

http://www.breitbart.com/big-governm...ld-tax-credit/

Quote:
CISís Ting, a law professor, sounded the alarm Monday that the Senate version had stepped drastically away from the House intent to keep the child tax credit from illegal aliens. Asked by Breitbart News if there was any plausible motive in the Senateís change in language other than to benefit illegal aliens, Ting replied, ďItís a mystery to me. Why should we funnel taxpayer dollars to illegal aliens?Ē
If I'm reading this correctly.... VETO this ****!!

Last edited by JFISHER; 12-05-2017 at 04:04 PM..
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