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re: Bank of America to give $1000 bonuses to most of its employees
Posted on 12/22/17 at 1:04 pm to bmy
Posted on 12/22/17 at 1:04 pm to bmy
quote:If you think "trickle down" is economic terminology, you're the one who can't be helped.
If you don't know what trickle down means.. can't help you
What is it you were trying to say?
1
Posted on 12/22/17 at 1:06 pm to Centinel
Posted on 12/22/17 at 1:07 pm to NC_Tigah
Posted on 12/22/17 at 1:08 pm to bmy
Ya, I agree. Your grasp of logic is quite hysterical 
Posted on 12/22/17 at 1:13 pm to Centinel
you can't possibly think that the economic results of passing a tax bill are anything but speculative
Posted on 12/22/17 at 1:15 pm to bmy
quote:
economic results
Which are?
Posted on 12/22/17 at 1:16 pm to bmy
quote:
bmy
quote:Nope.
This article is about the political term . . .
Trickle-down economics, also referred to as trickle-down theory, is an economic theory
Referencing a political term as "" an economic theory"" is the stuff of dullards. Good reason to double check things you read in Wikipedia.
quote:Nope.
The term trickle-down originated as a joke by humorist Will Rogers
William Jennings Bryan used the term in 1896 to address economically clueless audiences
Posted on 12/22/17 at 1:17 pm to bmy
quote:
you can't possibly think that the economic results of passing a tax bill are anything but speculative
See, now you're changing the subject. Economic results are another discussion. The subject at hand was comparing what ISP's "might" do after deregulation vs. the fact that the tax plan will lower taxes.
This post was edited on 12/22/17 at 1:19 pm
Posted on 12/22/17 at 1:18 pm to bmy
quote:You posted recently that your work depends on taxpayers so you like it when the government takes in more money.
please tell me more about my government job that you don't know shite about
ETA: Here is your post: "my raises come from an increase in tax revenue"
So either you're a government employee or you work for a government contractor that taxpayers fund. Either way you work for the government.
Are you at work now while posting on TigerDroppings?
So AT&T laid off DirectTV installers because sales have declined and they don't need as many installers? Wow, that's just not fair!!
This post was edited on 12/22/17 at 1:23 pm
Posted on 12/22/17 at 1:18 pm to Centinel
quote:
See, now you're changing the subject. Economic results are another discussion. The subject at hand was comparing what ISP's "might" do after deregulation vs. the fact that the tax cut will lower taxes.
... no. you should just learn to read
Posted on 12/22/17 at 1:20 pm to bmy
quote:
... no. you should just learn to read
No, you should learn to be precise with your wording.
Posted on 12/22/17 at 1:21 pm to bmy
quote:"trickle down" is not an academic turn.
bmy
It is akin to "baby killer"
Posted on 12/22/17 at 1:39 pm to Aristo
quote:
Well, you seem upset corporations are getting to keep their money.
I'm not upset. I'm confused by the celebrations by people who post here. I guess I'm not confused because this board is very predictable. It seems silly.
quote:
I didn't know asking questions and having a conversation with someone with an opposing view was a ridiculous game.
I said I'd rather see regular individuals (not specifically individuals who are stockholders) receive tax cuts. You decided that I'm upset or angry that corporations get to keep money. You came up with that and prescribed it to me.
Posted on 12/22/17 at 1:42 pm to 4cubbies
Which individuals do you know that aren't getting a cut?
Do you think it is helpful that the US corp tax rate was among the highest in the world? Kind of hurts competition, which hurts jobs, which hurts the "normal guy" you want to give help to.
Do you think it is helpful that the US corp tax rate was among the highest in the world? Kind of hurts competition, which hurts jobs, which hurts the "normal guy" you want to give help to.
Posted on 12/22/17 at 1:45 pm to 4cubbies
quote:So, which is it?
I'm confused by the celebrations by people who post here. I guess I'm not confused
quote:You got your wish. Anyone who files their federal income taxes and who doesn't itemize and who have had to pay income taxes currently will enjoy a tax cut simply from the doubling of the standard deduction.
I said I'd rather see regular individuals (not specifically individuals who are stockholders) receive tax cuts.
And since only 30% of tax filers itemize, well, you do the math.....
You're likely an expert in your field of work and I confess I know nothing about teaching little kids. But when it comes to discussing financial issues, you're in way over your head. Just as I would be if I tried to fake being knowledgeable about teaching rugrats.
Posted on 12/22/17 at 1:47 pm to LSURussian
quote:
well, you do the math.....
Oh boy......
Posted on 12/22/17 at 1:47 pm to LSURussian
quote:
And since only 30% of tax filers itemize, well, you do the math.....
Now you are asking the impossible.
Simply moving the decimal almost made her brain pop.
Posted on 12/22/17 at 1:58 pm to 4cubbies
quote:
I said I'd rather see regular individuals (not specifically individuals who are stockholders) receive tax cuts.
They do! 80% of taxpayers will get a cut while only 5% will have an increase. This is per the Brooking Intstitutes tax policy center.
In addition, shareholders will benefit from a tax cut. Good news for pension funds like CalPERS as they provide for the retirement of hardworking police, firefighters, and teachers.
Posted on 12/22/17 at 2:01 pm to 4cubbies
quote:
I said I'd rather see regular individuals (not specifically individuals who are stockholders) receive tax cuts.
They are. And if you have a 401k or other retirement plan, you're also a shareholder. So you benefit twice.
Posted on 12/22/17 at 2:10 pm to 4cubbies
quote:They also laid off 600 or so workers. At $50,000 each, that's $300 million. And they are also likely going to profit off the repeal of net neutrality.
200 million dollars in bonuses
I'm not aginst corporations or profiting, but the arguments in here that a $1,000 Christmas bonus is somehow evidence that trickle down economics is working well is silly.
ATT pullls $100 billion plus in revenue per year. $200 million is less than 2% of gross annual revenue, which is not nothing, but isn't exactly a grand gesture. It's worth it for the PR, especially after the net neutrality repeal.
This post was edited on 12/22/17 at 2:11 pm
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