Donald Trump

[plasmahal]

Lets stick to the topic of Obama achieving nothing in 8 years.

FTFY. more accurate now.

 

[mjt]

FTFY. more accurate now.

You going to bother to acknowledge or reply to this?

Has he really? Look at all of the regulation he's rolling back. He's added nothing; merely reversing legislation.
Does this really make Americans better off? More air pollution, more water pollution, more soil contamination, less protected land, less safety regulation on off-shore drilling, less safety checks for miners. The list goes on and on and on and on and on...
https://www.nytimes.com/interactive/2020/climate/trump-environment-rollbacks.html

edit- If you won't accept data from the "failing NY Times", here are some other reputable sources with more detailed information:
https://eelp.law.harvard.edu/regulatory-rollback-tracker/
https://www.brookings.edu/interactives/tracking-deregulation-in-the-trump-era/

 

[plasmahal]

You going to bother to acknowledge or reply to this?

It has been acknowledged.

 

[mjt]

It has been acknowledged.

Care to share your opinion, for you seem to have plenty yourself, yet so little time for others'?

 

[Trusty]

Where did I say the higher tax rates got the US out of a depression? Roar87 said it was bad for society to tax the highest earners more, I simply pointed out that they were taxed at far higher rates for 40 years and it didn't hurt the US economy or society.

You said America had higher taxes during an economic boom, but the higher taxes had nothing to do with it, nobody even paid the higher tax, the taxes were lower during that period than they are today. So how exactly does higher taxes back up your theory that America prospered with higher taxes?

 

[Colonel_Klinck]

Ah the sign of a wannabe dictator. Undermine faith in the democratic process. I really won't be surprised to see him and Barr try something nearer the election if the polls aren't looking good for him.

https://twitter.com/x/status/1259200118714183680

 

[Trusty]

Nah, I'm not interested in having that discussion in this thread. I'm especially not interested in having it with you, TBH.

What a surprise..

 

[wesimmo]

What a surprise..

Yeah because not wanting to derail a thread discussing such a massive subject that it deserves its own thread with someone whose first contribution about wealth inequality was to talk about 'cash' levels of the rich is unreasonable on my behalf.

 

[Kyo]

LoL Trump put in his place..

https://twitter.com/x/status/1259201448577024001

 

[Trusty]

Yeah because not wanting to derail a thread discussing such a massive subject that it deserves its own thread with someone whose first contribution about wealth inequality was to talk about 'cash' levels of the rich is unreasonable on my behalf.

Start a thread then if you are so concerned about it

 

[Colonel_Klinck]

You said America had higher taxes during an economic boom, but the higher taxes had nothing to do with it, nobody even paid the higher tax, the taxes were lower during that period than they are today. So how exactly does higher taxes back up your theory that America prospered with higher taxes?

Oh ffs I said it didn’t hurt the economy or society. Are you saying having those higher tax rates in place hurt the economy or society? Roar87 says taxing the rich hurts society. I disagree. The highest rate today is 37.5% but back then the 1% paid around 45% on income over 200k so how is that lower exactly?
Ok so Denmark and Sweden tax their highest earners at 60 and 56%. I’d say that both countries have a high standard of living and very good societies.

 

[Trusty]

Oh ffs I said it didn’t hurt the economy or society. Are you saying having those higher tax rates in place hurt the economy or society? Roar87 says taxing the rich hurts society. I disagree. The highest rate today is 37.5% but back then the 1% paid around 45% on income over 200k so how is that lower exactly?
Ok so Denmark and Sweden tax their highest earners at 60 and 56%. I’d say that both countries have a high standard of living and very good societies.

What tax rate are you suggesting? Are you saying over 60% or something or are you arguing over a couple of percentage points? Because both Denmark and Sweden have been reducing the tax rate if i remember correctly, they are moving away from higher taxes.

If you are arguing over a couple of percentage points, then its pretty pointless, because a blanket statement of higher taxes doesn't damage society is incorrect, it depends. And a blanket statement of lower taxes doesn't damage society is incorrect as well, it depends.

Its also a philosophical topic too, if you've opened a business and worked your butt off for a couple of years to make good money, and you find yourself contributing to society more than 90% of people in society, why should you pay more, when usually you see no benefit of that extra taxation.

Or are you talking about people who are billionaires or something? the 0.01% people? who are you exactly saying should be paying more into the government coffers?

 

[Kyo]

Obama not holding back on Trump's incompetent handling of Covd-19. Trump's ego won't like that one bit.

Ex-president said: "What we're fighting against is these long-term trends in which being selfish, being tribal, being divided, and seeing others as an enemy - that has become a stronger impulse in American life."

He said the fallout from coronavirus in the US would have been bad "even with the best of governments", he added: "It has been an absolute chaotic disaster when that mindset - of 'what's in it for me' and 'to heck with everybody else' - when that mindset is operationalised in our government."

Source

 

[Colonel_Klinck]

What tax rate are you suggesting? Are you saying over 60% or something or are you arguing over a couple of percentage points? Because both Denmark and Sweden have been reducing the tax rate if i remember correctly, they are moving away from higher taxes.

If you are arguing over a couple of percentage points, then its pretty pointless, because a blanket statement of higher taxes doesn't damage society is incorrect, it depends. And a blanket statement of lower taxes doesn't damage society is incorrect as well, it depends.

Its also a philosophical topic too, if you've opened a business and worked your butt off for a couple of years to make good money, and you find yourself contributing to society more than 90% of people in society, why should you pay more, when usually you see no benefit of that extra taxation.

Or are you talking about people who are billionaires or something? the 0.01% people? who are you exactly saying should be paying more into the government coffers?

You have got caught up in an argument between myself and Roar87. He said taxing the very rich more than others in society was bad for society. That was it. I obviously disagreed and used the US as an example that higher tax rates on the mega rich doesn't damage society. He believes in the trickle down effect, I don't.

I do believe multi billionaires should pay far more tax. When you are that wealthy it is verging on the obscene.

 

[wesimmo]

Agreed, fundamentally I find it obscene that, for example, there are shanty towns existing on the edge of gold mines where people die trying to eke a living from, essentially, their land but the mining rights are given to already rich people.

The result of all that money being taken from those poor people, often killing those on the payroll and the environment as well, is a metal that is used to decorate people's cars and toilets.

 

[Trusty]

You have got caught up in an argument between myself and Roar87. He said taxing the very rich more than others in society was bad for society. That was it. I obviously disagreed and used the US as an example that higher tax rates on the mega rich doesn't damage society. He believes in the trickle down effect, I don't.

I do believe multi billionaires should pay far more tax. When you are that wealthy it is verging on the obscene.

Well i agree that billionaires should pay more tax, i think the effective tax rate of 0.01% in the USA paid like 30% tax. But we shouldn't confuse those people with the other top 10% earners who pay 40% tax, which i think is enough, i find it reprehensible that a government can start taking half the money you are making. We need to be specific.

As a side note, Billionaires would argue that they are better than the government at allocating capital..

 

[Colonel_Klinck]

Well i agree that billionaires should pay more tax, i think the effective tax rate of 0.01% in the USA paid like 30% tax. But we shouldn't confuse those people with the other top 10% earners who pay 40% tax, which i think is enough, i find it reprehensible that a government can start taking half the money you are making. We need to be specific.

As a side note, Billionaires would argue that they are better than the government at allocating capital..

It was 39.6% until Trump lowered it to 37% in 2018.

 

[tang0]

DNC and the Hillary Campaign split the cost of the Trump-Russia dossier.

Hillary Clinton only learned about the now-infamous “Trump dossier” after BuzzFeed News posted it, despite the fact that the Clinton campaign and the Democratic National Committee helped fund it, a source confirmed to CBS News.

She claimed she didn't know about it until Buzzfeed published it.............

 

[Flibster]

And yet, the initial funding for it came from... Republicans...

The story began in September 2015, when a wealthy Republican donor who strongly opposed Mr. Trump put up the money to hire a Washington research firm run by former journalists, Fusion GPS, to compile a dossier about the real estate magnate’s past scandals and weaknesses, according to a person familiar with the effort. The person described the opposition research work on condition of anonymity, citing the volatile nature of the story and the likelihood of future legal disputes.

The Washington Free Beacon says it hired intelligence firm Fusion GPS during the 2016 Republican presidential primary.

 

[Murphy]

How many PDF docs did you read?
Come on be truthful.

I'll tell you what, I'll give you an answer when you do.