2016 Presidential Race

Until its those scary gun lobbyists

 

I'd rather eat an egg salad sandwich than a hot shit sandwich. Doesn't mean I'm cool with egg salad.

 

I remember when libs were shitting all over themselves about the War for Oil. Now they're all about the system.

 

I don't think in that department anyone even comes close to the United States.

 

Ha, or when she was trying to sell her book during the debate.

All my policies are laid out in my book, buy a copy at nearest bookstore/airport. Yuck

 

I had to shut off the radio today as all the coverage is focused on the style of the candidates in the debate rather than the substance of what they're saying. Apparently, it's more important that Trump sloppily brought up Howard Stern and Rosie O'Donnell then the fact that we're not charging import taxes while paying export taxes.

Anyway, links for free reads:

https://www.bloomberg.com/view/articles/2016-09-26/overthrow-the-debate-commission

 

It depends on who you claim it "worked for." The rich and elites like Trump? Raegonomics was great. Guys like us? fuck no. I'm gonna assume Hillary was speaking out of our point of view

 

I do think Trump made interesting points though. Specifically, if Clinton raises taxes, who really benefits? Assuming companies are leaving the country because there are increased profits to be had elsewhere, then who is paying the taxes? If we're not taxing imports but paying taxes on exports, then do companies who leave the United States lose their access or financial access to still sell in the USA, which clearly they'd want to do due to the size of our economy? We're spending about 56% of the discretionary budget on foreign entanglements that for all intents and purposes do not appear to be making us, or the rest of the world any safer. Is this where newly raised taxes will end up? Clinton gave no substance on to where raised taxes will go. It's nice to think she'll use that money to personally feed the poor and educate the disaffected, but there's absolutely no evidence or even claims on her part that is what will actually happen.

I'm not necessarily for a return to Reagonomics, but there are many more factors in play here than simply tax rates. One area where I think Trump did a better job than Hillary was pointing those out and showing a stronger grasp on financial policy, and being able to spend money in a way that is to the country's greatest benefit.

 

He was wrong about the VAT tax being a barrier to US companies. Mexico charges a VAT tax on both imports and domestically produced items. It's not an import tax it's a sales tax. No barrier to entry. We don't charge a VAT tax on either imports or domestically produced products. Trump showed he's a dope.

 

Except the Reagan tax cuts were offset by a reduction of deductions. The Reagan tax plan was negotiated with a Democratic Congress and mostly written and edited by Bill Bradley. Rates were reduced but so were deductions. Cap Gains and dividends were taxed at the same rate as income. Passive income that the rich have more of was taxed at a higher rate. Bill Clinton with pressure from a Republican Congress cut cap gain taxes. George Bush with a Republican Congress cut the tax rate on dividends. Both have done nothing but benefit passive income of mostly well off Americans. Bush also increased spending dramatically when he started the second front on the war on terror in Iraq. Cost which is unknown may be in the Trillions.

Reagan tax plan was mostly neutral. Granted reducing rates and offsetting them with reduced deductions takes power away from the Government and is generally helpful to the playing field for businesses. All good but it wasn't a massive tax cut on the rich.

 

Indeed we are the Gold Standard when it comes to blowing shit up around the world!

 

Even Libs can grow up Byz...

 

True judge of the debate?
http://www.marketwatch.com/story/us...s-markets-cheer-clinton-debate-win-2016-09-27

 

ehhhhh........

 

The second part is debatable