SSHoya
Blue & Gray (over 10,000 posts)
"Forget it Jake, it's Chinatown."
Posts: 18,253
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Post by SSHoya on Jan 11, 2018 14:41:56 GMT -5
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Deleted
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Post by Deleted on Jan 31, 2018 21:03:40 GMT -5
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richfame
Diamond Hoya (over 2500 posts)
Posts: 3,266
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Post by richfame on Jan 31, 2018 22:24:16 GMT -5
Too the topic of this thread my wife is now paying less federal taxes and her take home pay is now about 2400 more a year( she is a teacher). Not crumbs for her she is thrilled. I will know how it works out on my end but because I own a corporation my tax accountant says I will see a nice benefit with the new tax code. Looks like the republicans didn't raise taxes on everyone.
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tashoya
Blue & Gray (over 10,000 posts)
Posts: 12,319
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Post by tashoya on Jan 31, 2018 23:54:35 GMT -5
Too the topic of this thread my wife is now paying less federal taxes and her take home pay is now about 2400 more a year( she is a teacher). Not crumbs for her she is thrilled. I will know how it works out on my end but because I own a corporation my tax accountant says I will see a nice benefit with the new tax code. Looks like the republicans didn't raise taxes on everyone. Republicans never do. Nice for you and your wife. Just remember that the revenue shortfall lands on some people and it's not going to be those most able to pay.
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SaxaCD
Diamond Hoya (over 2500 posts)
Posts: 4,401
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Post by SaxaCD on Feb 1, 2018 0:19:52 GMT -5
Haha, "revenue loss". Love the way they word that.
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Deleted
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Post by Deleted on Feb 1, 2018 0:27:06 GMT -5
Haha, "revenue loss". Love the way they word that. Who's they?
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Deleted
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Post by Deleted on Feb 3, 2018 12:22:22 GMT -5
It's a miracle. These liberal elitist just don't understand what a 4 cent raise can do for a person. This man gets it....
What type of fiscal conservative manages to increase the debt by 84% in a bull market?
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tashoya
Blue & Gray (over 10,000 posts)
Posts: 12,319
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Post by tashoya on Feb 6, 2018 0:06:30 GMT -5
In President Trump's defense, he's used to creditors paying his bills for him. Unfortunately for him and for us, this debt won't be forgiven.
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tashoya
Blue & Gray (over 10,000 posts)
Posts: 12,319
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Post by tashoya on Feb 6, 2018 0:18:44 GMT -5
Granted, it's only been 2 days of Dow losses but the futures are pointing to another 1000+ haircut on the open Tuesday. Oddly, no comment from our President who takes every opportunity to take credit for any and every gain.
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SSHoya
Blue & Gray (over 10,000 posts)
"Forget it Jake, it's Chinatown."
Posts: 18,253
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Post by SSHoya on Feb 6, 2018 5:31:11 GMT -5
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SSHoya
Blue & Gray (over 10,000 posts)
"Forget it Jake, it's Chinatown."
Posts: 18,253
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Post by SSHoya on Feb 6, 2018 5:49:29 GMT -5
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Deleted
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Post by Deleted on Feb 6, 2018 11:09:22 GMT -5
It's a miracle. These liberal elitist just don't understand what a 4 cent raise can do for a person. This man gets it.... He did take it, then added it to the billions he gave to Fortune 500 companies...
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Deleted
Deleted Member
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Post by Deleted on Feb 11, 2018 13:48:17 GMT -5
• The corporate tax cuts will cost $100 billion this year
• Businesses have spent about $88 billion on stock buybacks
• Businesses have spent about $3 billion on bonuses
Thx again Paul Ryan. This is the reason we should forget about the stench coming out of this Administration, correct?
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hoyainspirit
Platinum Hoya (over 5000 posts)
When life puts that voodoo on me, music is my gris-gris.
Posts: 8,392
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Post by hoyainspirit on Feb 11, 2018 14:13:05 GMT -5
• The corporate tax cuts will cost $100 billion this year • Businesses have spent about $88 billion on stock buybacks • Businesses have spent about $3 billion on bonuses Thx again Paul Ryan. This is the reason we should forget about the stench coming out of this Administration, correct? The buybacks were sooooo predictable...
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tashoya
Blue & Gray (over 10,000 posts)
Posts: 12,319
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Post by tashoya on Feb 11, 2018 23:17:01 GMT -5
• The corporate tax cuts will cost $100 billion this year • Businesses have spent about $88 billion on stock buybacks • Businesses have spent about $3 billion on bonuses Thx again Paul Ryan. This is the reason we should forget about the stench coming out of this Administration, correct? If history is any indication, 13% is optimistic. And forgive me if I don't remotely buy the assessments from the analysts at Morgan Stanley if their assessments directly equate to stock prices trending northward. Let's put a nice bow on it and find out what Jim Cramer thinks. Do sane people still believe that [insert bank here] analysts have any interest in providing fair and unbiased information to investors? I remember being at a trading desk pre-open (1999, I think) and some ridiculous firm (PWC, IIRC) giving Qualcomm a price target of 1000. This was in the days when MM weren't required to execute transactions pre-open. But, while the analyst from the firm that gave the price target was being interviewed on CNBC for such a "remarkable" upgrade at around 9 AM EST, the same MM was sitting on the inside offer and handing out executions in the high 6's for no other reason than they wanted to sell at that price. I loved being a trader in some ways but having family members ask me what to buy and sell and when and me telling them that they were pretty much as qualified as I was to make those determinations wasn't one of them. They always thought I was holding out on them as if I had some secret. Odd and uncomfortable.
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SSHoya
Blue & Gray (over 10,000 posts)
"Forget it Jake, it's Chinatown."
Posts: 18,253
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Post by SSHoya on Feb 12, 2018 9:31:14 GMT -5
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TC
Platinum Hoya (over 5000 posts)
Posts: 9,442
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Post by TC on Feb 12, 2018 9:53:14 GMT -5
I feel like saying that "modern conservatism is built around the promise of supply-side economics" is giving modern conservatism way too much credit. They know supply-side economics doesn't work - they pushed through plans quickly with the express purpose of avoiding CBO scores. Their adherence to lower corporate taxes and lower taxes on the wealthy is political patronage, not an attempt to spur growth.
Modern conservatism doesn't care about whether the economic growth materializes.
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Deleted
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Post by Deleted on Feb 12, 2018 9:57:10 GMT -5
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Deleted
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Post by Deleted on Feb 12, 2018 15:31:52 GMT -5
Paul Ryan used to walk around with a printout of the national debt.... Fiscal Conservatism has always been bs. Amazing people actually think that's a thing. Who is the last Republican President who sought to lower the deficit?
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hoyainspirit
Platinum Hoya (over 5000 posts)
When life puts that voodoo on me, music is my gris-gris.
Posts: 8,392
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Post by hoyainspirit on Feb 13, 2018 22:37:54 GMT -5
• The corporate tax cuts will cost $100 billion this year • Businesses have spent about $88 billion on stock buybacks • Businesses have spent about $3 billion on bonuses Thx again Paul Ryan. This is the reason we should forget about the stench coming out of this Administration, correct? If history is any indication, 13% is optimistic. And forgive me if I don't remotely buy the assessments from the analysts at Morgan Stanley if their assessments directly equate to stock prices trending northward. Let's put a nice bow on it and find out what Jim Cramer thinks. Do sane people still believe that [insert bank here] analysts have any interest in providing fair and unbiased information to investors? I remember being at a trading desk pre-open (1999, I think) and some ridiculous firm (PWC, IIRC) giving Qualcomm a price target of 1000. This was in the days when MM weren't required to execute transactions pre-open. But, while the analyst from the firm that gave the price target was being interviewed on CNBC for such a "remarkable" upgrade at around 9 AM EST, the same MM was sitting on the inside offer and handing out executions in the high 6's for no other reason than they wanted to sell at that price. I loved being a trader in some ways but having family members ask me what to buy and sell and when and me telling them that they were pretty much as qualified as I was to make those determinations wasn't one of them. They always thought I was holding out on them as if I had some secret. Odd and uncomfortable. I always told people like that to buy no load mutual funds.
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