patrick.net

HeadSet says

If the interest rates rise (especially in areas where houses can be bought with $100k mortgage), then the prices of houses will fall.

don't think so. The super rich who are getting most of the tax cut will use it to buy up those properties and rent them out to you at higher rent.

bob2356 says

ROFLOL. How much of the tax cut is going to people to use for day to day actvities/bills and how much is for stock buybacks/dividends? Please let us have the numbers. The suspense is killing me.

There is no tax break for stock buybacks, therefore none of it is going for stock buybacks.
Is there anything else I can help you with to ease any more suspense?

Funny how this forum has changed. i am saying the same things that I said during Obama years. The difference now is that my posts are getting dislikes and then they used to get likes from the same characters.

5lbsbrowntrout says

If the economy is at near full employment what is the sense in a tax cut?

Could be the other way round. The anticipation of tax cuts was enough to cause an investment and hiring boom.

anotheraccount says

HeadSet says

If the interest rates rise (especially in areas where houses can be bought with $100k mortgage), then the prices of houses will fall.

don't think so. The super rich who are getting most of the tax cut will use it to buy up those properties and rent them out to you at higher rent.

Your last statement has got to sound hollow and "grabbing at straws" even to you.

HeadSet says

anotheraccount says

HeadSet says

If the interest rates rise (especially in areas where houses can be bought with $100k mortgage), then the prices of houses will fall.

don't think so. The super rich who are getting most of the tax cut will use it to buy up those properties and rent them out to you at higher rent.

That last statement has got to sound hollow and "grabbing at straws" even to you.

Agreed. Does not compute.

Strategist says

There is no tax break for stock buybacks, therefore none of it is going for stock buybacks.
Is there anything else I can help you with to ease any more suspense?

You somehow haven't seen any news since the tax cut? The number is at 200 billion in 2 months and growing rapidly.

Booger says

bob2356 says

Spending and debt are going up, up, up and

Reduced welfare rolls and increases in tariffs will fix this

I'm hoping this is a joke. No one could be that clueless about federal spending. At least I don't think it's possible.

Sniper says

bob2356 says

How much of the tax cut is going to people to use for day to day actvities/bills

Just everyone who brings home a regular paycheck.

Good tap dance . The question was how much of the tax cut is going to people to use for da to da activities/bills.

Sniper says

bob2356 says

TARP was under bush. Reagan signed the largest tax increase in peace time.

What did Obama sign?

The American Recovery and Reinvestment Act of 2009 (ARRA) (Pub.L. 111–5), nicknamed the Recovery Act, was a stimulus package enacted by the 111th U.S. Congress and signed into law by President Barack Obama in February 2009.

You said obama bailouts. This isn't a bailout Sorry epic fail,

The Democrat View of the Economy:

1. The American Dream is over, never to return.
2. Good paying Middle Class Blue Collar jobs are done with, never to return.
3. Many other jobs will quickly fall to Automation.
4. Therefore, we need to help millions of immigrants achieve the American Dream that doesn't exist, taking the handful of remaining decent blue-collars Jobs that are on the verge of extinction.
5. Any one who disagrees denies this unavoidable reality is a Bigoted, Ignorant, Xenophobic Racist.

TwoScoopsPlissken says

The Democrat View of the Economy:

1. The American Dream is over, never to return.
2. Good paying Middle Class Blue Collar jobs are done with, never to return.
3. Many other jobs will quickly fall to Automation.
4. Therefore, we need to help millions of immigrants achieve the American Dream that doesn't exist, taking the handful of remaining decent blue-collars Jobs that are on the verge of extinction.
5. Any one who disagrees denies this unavoidable reality is a Bigoted, Ignorant, Xenophobic Racist.

It's the audacity of hope, you nazi.

TwoScoopsPlissken says

The Democrat View of the Economy:

1. The American Dream is over, never to return.
2. Good paying Middle Class Blue Collar jobs are done with, never to return.
3. Many other jobs will quickly fall to Automation.
4. Therefore, we need to help millions of immigrants achieve the American Dream that doesn't exist, taking the handful of remaining decent blue-collars Jobs that are on the verge of extinction.
5. Any one who disagrees denies this unavoidable reality is a Bigoted, Ignorant, Xenophobic Racist.

Great post. Will reuse.

bob2356 says

Just everyone who brings home a regular paycheck.

Good tap dance . The question was how much of the tax cut is going to people to use for da to da activities/bills.

I'll repeat it again, since you seemed to miss it the FIRST time.

Sniper says

It may not be big to you, but people getting an extra $30 in their check of $500 pays for a tank and a half of gas each week.

Shall I help with what percentage of their check that is?

TwoScoopsPlissken says

The Democrat View of the Economy:

1. The American Dream is over, never to return.
2. Good paying Middle Class Blue Collar jobs are done with, never to return.
3. Many other jobs will quickly fall to Automation.
4. Therefore, we need to help millions of immigrants achieve the American Dream that doesn't exist, taking the handful of remaining decent blue-collars Jobs that are on the verge of extinction.
5. Any one who disagrees denies this unavoidable reality is a Bigoted, Ignorant, Xenophobic Racist.

Excellent!

anotheraccount says

Ok. Let's say it's 100K mortgage. The mortgage cost still outweighs the tax benefit. Let's assume this person was planning to buy a house this year.

Why do you hate renters?

Sniper says

bob2356 says

Just everyone who brings home a regular paycheck.

Good tap dance . The question was how much of the tax cut is going to people to use for da to da activities/bills.

I'll repeat it again, since you seemed to miss it the FIRST time.

You never answered any time. Repeating a non answer doesn't make it any more of an answer. Would you like me to repeat the question typing slower and using smaller words?