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Thread: APRIL POLL, even FEWER people are seeing increases after tax cuts than in FEB/MAR

  1. #61
    Radical Centrist BigLeRoy's Avatar
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    Quote Originally Posted by cpicturetaker12 View Post
    bumpiing
    Nobel Laureate economist Paul Krugman says that Trump's tax cut is a giant Nothing-Burger:

    Paul Krugman: Tax cut turning out to be a 'nothing burger'

    RobertHughey can go argue with a Nobel Laureate economist. If he feels up to it.
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  2. #62
    Drummer- The Hateful Left skunk's Avatar
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    From what I gathered, the tax laws were so hastily passed and with such an immediate deadline that many employers took the money from other deductions they thought it would affect (Federal withholding) in the hopes that when the law was more fully digested by accountants, lawyers, etc that they had made the right guess. Now that there is more understanding of what actually needs to be withheld according to the tax laws that the amount 'extra' in a paycheck was less than they had originally estimated. This may also become an issue when it comes time to file one's taxes as you may end up owing more depending on how your employer addressed the tax law implementation initially.

    Disclaimer: I can only guess at some of this as while at work I do work with payroll on implementing new tax laws and such in code, they're implemented at the behest of 'industry experts' and lawyers. I'm merely repeating what I see others who have to maintain similar systems voicing as major concerns when I visit the admin user groups for the products I maintain.

  3. #63
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    Quote Originally Posted by BigLeRoy View Post
    Nobel Laureate economist Paul Krugman says that Trump's tax cut is a giant Nothing-Burger:

    Paul Krugman: Tax cut turning out to be a 'nothing burger'

    RobertHughey can go argue with a Nobel Laureate economist. If he feels up to it.
    I'm not sure what exactly is Robertthughey's point. What do you mean, Morgan? Are you saying the great majority of Americans aren't smart enough to see their own interests? That sounds strangely...dismissive and elitist to me.
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  4. #64
    Veteran Member cpicturetaker12's Avatar
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    Quote Originally Posted by Miller47 View Post
    How much did Obama add in--his FIRST YEAR??
    GET REAL!! BUSH borrowed $870billion, TARP 1, in SEPT 2007, simultaneously shedding 800,000 jobs a month, while still fighting his 2 failed wars. Then he went off to paint pictures of himself in his tub in Dallas. What do you think he left OBAMA with in his first year? Surpluses like CLINTON LEFT BUSH??

    Did you forget or assumed we forgot?
    Last edited by cpicturetaker12; 18th May 2018 at 05:01 PM.
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  5. #65
    Radical Centrist BigLeRoy's Avatar
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    Quote Originally Posted by cpicturetaker12 View Post
    GET REAL!! BUSH borrowed $870billion, TARP 1, in SEPT 2007, simultaneously shedding 800,000 jobs a month, while still fighting his 2 failed wars. Then he went off to paint pictures of himself in his tub in Dallas. What do you think he left OBAMA with in his first year? Surpluses like CLINTON LEFT BUSH??

    Did you forget or assumed we forgot?
    Well, they WANT us to forget. They most certainly WANT us to forget the sheer SHIT-STORM that Obama faced when he was sworn into office. The entire world economy was on the verge of collapse. The world's entire financial architecture had gone into a condition resembling cardiac arrest, with the biggest global banks refusing to lend even to each other, an extraordinary situation that we had NEVER seen before, not even in the Great Depression.

  6. #66
    Veteran Member EnigmaO01's Avatar
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    Quote Originally Posted by cpicturetaker12 View Post
    I've been mentioning the gas prices here for a couple of weeks. I haven't filled up myself in about 8 days. It was $2.49. AAA has it $2.87 today, average. People get real skittish when it gets to that $3.00 mark and start PULLING BACK!

    Our fucking CAR INSURANCE WENT UP 17% starting the next 6 month cycle. No tickets, no accidents, NO REASON! And that's GEICO.
    We're paying $3.00 per gallon here in Indiana.

  7. #67
    Radical Centrist BigLeRoy's Avatar
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    Quote Originally Posted by EnigmaO01 View Post
    We're paying $3.00 per gallon here in Indiana.
    It is now very close to that here in northern Colorado.

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