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re: So I was born in the late 90s and consider myself to be pretty liberal...
Posted on 12/14/17 at 3:35 pm to 337Tiger19
Posted on 12/14/17 at 3:35 pm to 337Tiger19
(no message)
This post was edited on 3/13/18 at 11:10 pm
Posted on 12/14/17 at 3:38 pm to 337Tiger19
quote:
Don’t you fear that too much of a shrunken Federal Government would eventually become a detriment? There should be more regulations and norms than just infrastucture shouldn’t there?
Sure. I'm no anarchist. I think a federal government living within its constitutional constraints is great. I just think the entire thing needs to be cut by at least 50%.
quote:
I’m not disagreeing with you about the considerable growth within the the executive branch over the past few decades.
It's not just the executive branch. It's every new statute we pass and the mountain of new regulations that spew forth from the unelected administrative agencies each year. The federal government should not be the first solution to every problem we face.
Posted on 12/14/17 at 3:40 pm to culsutiger
quote:
you weren't and you cared about the environment, you would have switched to environmental engineering.
We found a cure for that, he'd be out of a job
Posted on 12/14/17 at 3:44 pm to culsutiger
quote:
Mechanical engineering to poli sci?
Just be honest. You were too dumb to do the math required of an engineering major. If you weren't and you cared about the environment, you would have switched to environmental engineering.
I passed the first two calculuses (I had to take the first one twice as they didnt take my dual-enrollment course from McNeese) with B's and the last with an A. I got B's in all physics courses. Statics was a breeze and so was Materials. My father is a damn chemist SWLA, and I don't want that life. Let's not insult intelligence here. I don't want to work in the O&G industry anyone that depends on it. I don't want to explain that my career is part of the why reason the world is messed up to my grandkids one day. So lets get that shite out of here.... I know I said I was done, but once you insult my intelligence after coming into the lions den with an honest question, I couldn't help but reply. Another reason i got out of engineering. 80% of STEM majors are pretentious assholes
ETA: LSU Environmental Engineers are having trouble getting jobs. I know plenty. Wrong State unless you want to work for the government. And no engineer wants to settle for that.
This post was edited on 12/14/17 at 3:49 pm
Posted on 12/14/17 at 3:46 pm to 337Tiger19
quote:
passed all the first two calculuses
Posted on 12/14/17 at 3:49 pm to TigerMyth36
quote:
massive hole in the deficit
quote:
Maybe you should have been more concerned with Obama spending too much as the deficit doubled under his watch. The entire US history to 10 trillion then 8 years to 20 trillion. Didn't bug you then so...
Try as I might, I just can't see how the deficit under Obama has any relevance to a discussion of the current tax law proposal.
And, not that Obama didn't contribute to the deficit increase, do you think part of the that deficit increase is related to the debt service on the deficit increase under Bush II, and the cost of the infrastructure spending that was as a result of the free-fall economy that Bush II handed off to Obama, or the huge decline in tax receipts from that same free-fall economy, or the fact that the infrastructure expenditure was then carried on as part of the budget base by the Republican house after 2010.
Posted on 12/14/17 at 3:51 pm to 337Tiger19
quote:
Was a Mechanical engineering major; most recruiters were related to oil/gas industry at LSU. Didn’t want my career to contribute to climate change. I switched majors to help people who can’t help themselves.
Why not computer science? You are guaranteed a job after graduation and would make up to $60,000+ after working for a few years. It would be over $100,000 with a Masters.
Posted on 12/14/17 at 3:52 pm to 337Tiger19
This post was edited on 3/13/18 at 11:14 pm
Posted on 12/14/17 at 3:53 pm to 337Tiger19
quote:The questions you've been asking here are reasonable. You're young and financially inexperienced. That is not a slight at all. But it is a reason some of these things are not as apparent to you as they will be in a few years.
337Tiger19
Here are a couple of observations:
quote:Government (tax) revenue is a function of both tax rates and tax base. Given static tax rates, as incomes/earnings within the tax base increase, so too will government revenue. Tax base income/earning is reasonably approximated by GDP.
Forgive my naivety on conservative policy, but can anyone convince me why this tax bill is a good thing in any way? To me, all it seems like is Trump selling his base a piece of legislation that will only hurt them and their children in the long run along with a massive hole in the deficit to be blown that doesn’t sound like something conservatives and tea party members would be excited about.
Over the years while we've tried a variety of tax rates and structures, we've observed relatively constant revenue as a % of GDP -- around 18% overall. Translation: Tax at 1970 rates or 1986 rates and revenue as a % of GDP will equilibrate to around 18% of GDP.
Obviously then, driving GDP upward is critical to increasing government revenue. The question is whether tax policy can do that. The Trump thesis is cuts in corporate rates will encourage repatriation of overseas assets, and domestic growth. i.e., the tax proposal will lead to economic growth and GDP escalation. That in turn will lead to increased revenue despite lower tax rates.
quote:If your net worth substantially exceeded estate tax levels, you would likely hire resources who would point you to any of a dozen different ways to circumvent most or all estate inheritance tax exposure.Family trusts are the most common.
If my estate ended up to be valued at hundreds of millions of dollars
E.g., Warren Buffett's estate will pay close to zero in estate tax
Posted on 12/14/17 at 3:53 pm to MrLarson
quote:hopefully defending us from nukes for one????
What is the government doing to earn that money other than just sitting there waiting for daddy to die?
Posted on 12/14/17 at 3:54 pm to culsutiger
quote:
Yet you're going to law school?
To help people, not use math and physics on a computer to find new ways to mess the planet up. I guess that's really hard to understand.
This post was edited on 12/14/17 at 3:55 pm
Posted on 12/14/17 at 3:56 pm to biggsc
quote:
Why not computer science? You are guaranteed a job after graduation and would make up to $60,000+ after working for a few years. It would be over $100,000 with a Masters.
Did you see my career goals? Money obviously isn't that important.
Posted on 12/14/17 at 3:57 pm to 337Tiger19
quote:NatGas is actually a good compromise it would seem. What energy industry would you prefer?
I don't want to explain that my career is part of the why reason the world is messed up to my grandkids one day.
Posted on 12/14/17 at 3:58 pm to 337Tiger19
So you understand the difference between debt and deficit?
When your bank account gets low do you spend more than what’s in there? When it gets low do you tighten up and skip eating out a few times to give you some buffer.
The other side of the tax cut is a reduction in spending.
Why is me keeping more of my money a bad thing?
The government needs to do their job and spend my hard earned dollars wisely.
When your bank account gets low do you spend more than what’s in there? When it gets low do you tighten up and skip eating out a few times to give you some buffer.
The other side of the tax cut is a reduction in spending.
Why is me keeping more of my money a bad thing?
The government needs to do their job and spend my hard earned dollars wisely.
Posted on 12/14/17 at 3:58 pm to 337Tiger19
Degree - PoliSci
Concentration - G&P
Goal - Law School (tier one)
We already too many of these people. They've been key designers and enablers of all that plagues society.
Concentration - G&P
Goal - Law School (tier one)
We already too many of these people. They've been key designers and enablers of all that plagues society.
Posted on 12/14/17 at 3:59 pm to 337Tiger19
Yes I did. Do you want to go into student loan debt?
Have fun with 3+ years of school .
If you want to help people then become a preacher. Like it not but we are in the End Times of the World
Have fun with 3+ years of school .
If you want to help people then become a preacher. Like it not but we are in the End Times of the World
This post was edited on 12/14/17 at 4:01 pm
Posted on 12/14/17 at 4:05 pm to biggsc
quote:
Yes I did. Do you want to go into student loan debt?
Have fun with 3+ years of school
Lol, debt shoudn't stop you from following your dream even if no one does anything about skyrocketing tuition prices; I already have to take loans out after having the highest level of TOPS and the PPG Lake Charles Scholarship every year just to go to my best in state public school.
And I know you'll all hate this, so i just wanted to antagonize yall by saying I'll either be working for a non profit or government entity so those loans (for the most part) will be forgiven. Thanks old dead guys contributing to the tax base .
This post was edited on 12/14/17 at 4:07 pm
Posted on 12/14/17 at 4:06 pm to 337Tiger19
quote:
--------------------------------------------------------------------------------
You do realize the housing bubble is what lead to the recession (not depression), not the Bush era tax cuts. That was created by Bill Clinton's housing policies, not our tax policies.
I like the bill because I want to keep more of my income. I do realize that I rely on government services, but we are not getting the maximum return on those taxes. Also, when the GDP is high, you take in more taxes. It has grown from 1.8 to 3.3 in the last year. Meaning the government is making more money even though the tax rates are reduced.
Since you are in college, I like how you get really superior about how we should want to pay more taxes so that we can have a better funded government, when you don't pay taxes.
This post was edited on 12/14/17 at 4:11 pm
Posted on 12/14/17 at 4:07 pm to 337Tiger19
(no message)
This post was edited on 3/13/18 at 11:14 pm
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