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Topic: President Trump, Reaching out to hurting people< Next Oldest | Next Newest >
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PostIcon Posted on: Dec. 20 2017,1:07 pm  Skip to the next post in this topic. Ignore posts   QUOTE

Section 4303 would impose excise tax, this will be a consumer tax

QUOTE
Sec.  4303.  Excise  tax  on  certain  payments  from  domestic  corporations  to  related  foreign  corporations;  election  to  treat  such  payments as effectively connected income.


https://waysandmeansforms.house.gov/uploadedfiles/bill_text.pdf


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PostIcon Posted on: Dec. 20 2017,6:07 pm Skip to the previous post in this topic. Skip to the next post in this topic. Ignore posts   QUOTE

1 seems pretty vague to me.
2 i thought you said the bill was 1000 pages, not 426.
3 i really don't have the time to read over 400 pages.
4 my accoutant is currently out of the country enjoying the sushine some where..


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PostIcon Posted on: Dec. 21 2017,5:07 am Skip to the previous post in this topic. Skip to the next post in this topic. Ignore posts   QUOTE

My my my, look at this evil corperation.

https://www.cnbc.com/2017...es.html

And then the turd of the fishwrap pipies in :dunce:

http://www.albertleatribune.com/2017...age-joe


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PostIcon Posted on: Dec. 21 2017,5:48 am Skip to the previous post in this topic. Skip to the next post in this topic. Ignore posts   QUOTE

QUOTE
1 seems pretty vague to me.
2 i thought you said the bill was 1000 pages, not 426.


Sorry for the confusion—the link I posted was from a dated version, the final version has over a 1000..and includes the excise tax.

The excise tax is 20% on imports, which will be reflected in the price of consumer goods, if it doesn't start an outright trade war.

To give you an idea of how fast this bill grew, it was 426 pages in early December, but has 275 amendments— after everybody got their piece of the pie it's over a 1000 pages according to The Hill - they provide the document text for reading ..

http://thehill.com/policy...ax-bill


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PostIcon Posted on: Dec. 21 2017,7:26 am Skip to the previous post in this topic. Skip to the next post in this topic. Ignore posts   QUOTE

Yes the excise tax could be a reason for the influx of import freight, hard to tell, this time of year is so nutty. When our President last went to China he negotiated a 12% decrease on imports there. My friend who owns the grain transfer facility is ecstatic, his business is way up. China’s not the only country we trade with, Micronasia, India, N Korea,  even the new powerhouse on the block, Vietnam do volumes of business with the US.

There’s always going to be a thirst for products, we’re a nation of consumers, a throw away society. Countries especially like China need our business and maybe there’ll be negotiations with them over their import taxes.

The future is extremely bright, because of the infrastructure projects forecast I’ve been pondering going out and buying a dirt wagon. Over a $100 per hour is mighty enticing. :D


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PostIcon Posted on: Dec. 21 2017,9:17 am Skip to the previous post in this topic. Skip to the next post in this topic. Ignore posts   QUOTE

Excise taxes are disproportionately borne by middle and low-income taxpayers, making them one of the most regressive components of the U.S. tax system.

We have a large number of citizens living pay check to pay check, to further burden this sector of our population with a consumption tax will be disastrous to the economy.

There are no signs the economy is capable of delivering a phenomenal and rarely achieved growth rate to support this tax cut..

Trickle Down simply doesn't work, it won't pay our bills...


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PostIcon Posted on: Dec. 21 2017,2:47 pm Skip to the previous post in this topic. Skip to the next post in this topic. Ignore posts   QUOTE


(Expatriate @ Dec. 21 2017,9:17 am)
QUOTE
We have a large number of citizens living pay check to pay check, to further burden this sector of our population with a consumption tax will be disastrous to the economy.

These are usually the folks that have no control over their hormones, having kids before they were ready and able to afford them. This becomes a huge drag.

Solution? Many folks out there who want to adopt.


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PostIcon Posted on: Dec. 22 2017,4:59 am Skip to the previous post in this topic. Skip to the next post in this topic. Ignore posts   QUOTE


(Self-Banished @ Dec. 21 2017,7:26 am)
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The future is extremely bright, because of the infrastructure projects forecast I’ve been pondering going out and buying a dirt wagon. Over a $100 per hour is mighty enticing. :D

There's another problem, not that we don't need it but how do we pay for it...we've just spent 1.5 trillion on tax cuts that we really couldn't afford.

As for you, infrastructure projects are long dirty days, requiring travel, motel stays, shortening the life of tires, requiring more engine maintenance and in general a shorter lifespan of equipment.  

At the end of the day you'd probably come out ahead hustling those nice clean dry containers around, and being home every night can't be put into dollars and cents or is that sense...

even if you're offered Per Diem- it's a shared room and a crappy meal..


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PostIcon Posted on: Dec. 22 2017,5:30 am Skip to the previous post in this topic. Skip to the next post in this topic. Ignore posts   QUOTE

^^ ah, the expert in transportation and truck maintainece speaks.

'I've pulled end dump before and quite informed as to what it takes, long hours in dirty conditions are a way of life in containers also. As my uncle, who also pulled belly dump would tell me, "grease is cheap, use it every day"

Getting dirty? Showers are great, I ttake one every day. You should too👌


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PostIcon Posted on: Dec. 22 2017,6:48 am Skip to the previous post in this topic.  Ignore posts   QUOTE

^^Oh my the Christmas spirit is gone, you must have had a double dose of orange Kool-aid for breakfast, you've turned Right back into a Trumpbot.
Can't come up with an explanation or defense so you go into attack mode- bark bark bark..idgit

So does Congress come up with a trillion for infrastructure, Trumps budget which has yet to be implemented calls for cuts to the Department of Transportation (DOT) Rail Roads and everything else.

The Trump Plan calls for $200 billion toward transportation projects over 10 years, he's basing his plan on big tax breaks to private sector entities.  $200 billion over 10 years is peanuts, the Trump Infrastructure Plan is more smoke and mirrors for a corporate giveaway...

One area I agree with Trump he's cutting funding to all these rural airports, unfortunately Albert Lea will just raise my property tax to support Jim Hanson's hobby.
You voted for him Jimmy :rofl: he's going to cut your welfare...

Trump wants to privatize the air-traffic controllers, large airports why shouldn't we privatize that money pit Hanson manages..I'm tired of financing other peoples hobbies..


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