TheRealCAJ Posted November 3, 2017 Report Share Posted November 3, 2017 by $4,000-$9,000 a year? Wage growth has pretty much stalled. Simply put. I think most gauge the economy by actual "wage growth" Man, I could use a $9,000 raise. Quote Link to comment Share on other sites More sharing options...
TheRealCAJ Posted November 3, 2017 Author Report Share Posted November 3, 2017 Ain't no stoppin' us now We're on the move (yeah-ee-a, yeah-ee-a) #MAGA Caj, gonna upgrade! Quote Link to comment Share on other sites More sharing options...
TheRealCAJ Posted November 3, 2017 Author Report Share Posted November 3, 2017 Quote Link to comment Share on other sites More sharing options...
concha Posted November 3, 2017 Report Share Posted November 3, 2017 1 Quote Link to comment Share on other sites More sharing options...
TheRealCAJ Posted November 3, 2017 Author Report Share Posted November 3, 2017 10 minutes ago, concha said: When logic and common sense meets off-topic forum insert concha meme. Has nothing otherwise. Quote Link to comment Share on other sites More sharing options...
HawgGoneIt Posted November 4, 2017 Report Share Posted November 4, 2017 I doubt that the wage growth will change much at all. The trend has been and will continue to be the same as before. Companies make larger profits, pay less taxes and pocket the cash. The monopoly board is pretty much all bought up at this point and the average American has to tip-toe around the board hoping not to land on the wrong property. The proposed tax reform does nothing to change that. The time is probably coming when the little guys will need to place their hand under their side of the board, and with a swift upward motion, toss the board into the air. 1 Quote Link to comment Share on other sites More sharing options...
ResidentTroll Posted November 4, 2017 Report Share Posted November 4, 2017 2 hours ago, HawgGoneIt said: I doubt that the wage growth will change much at all. The trend has been and will continue to be the same as before. Companies make larger profits, pay less taxes and pocket the cash. Now I've worked for enough large corporations that there's no 'lost love' here, but How exactly is it that they 'pocket' anything?? That same $2.00 for your morning 'lottery ticket' could have gotten YOU a 1/15th of a share of that 'pocket'. What's that you might say.... CEO salary scumbag @#$%-ers because they make about the same salary as those 'kneeling protesters'? Just some food for thought.... What I find amazing about this tax plan is how completely ignored any discussion about just how LIBERALLY GROUNDBREAKING this would REALLY be....... Imagine if a Democrat had a tax plan that actually put EVERY RENTER in the entire USA on par with EVERY HOMEOWNER in the entire USA.......do you think they would 'go for it'?? 1 Quote Link to comment Share on other sites More sharing options...
DarterBlue Posted November 4, 2017 Report Share Posted November 4, 2017 5 hours ago, TheRealCAJ said: by $4,000-$9,000 a year? Wage growth has pretty much stalled. Simply put. I think most gauge the economy by actual "wage growth" Man, I could use a $9,000 raise. It will boost the bonuses of top management. That's about the extent of it. Workers wages will not be affected one whit! 1 Quote Link to comment Share on other sites More sharing options...
DBP66 Posted November 4, 2017 Report Share Posted November 4, 2017 10 hours ago, HawgGoneIt said: I doubt that the wage growth will change much at all. The trend has been and will continue to be the same as before. Companies make larger profits, pay less taxes and pocket the cash. The monopoly board is pretty much all bought up at this point and the average American has to tip-toe around the board hoping not to land on the wrong property. The proposed tax reform does nothing to change that. The time is probably coming when the little guys will need to place their hand under their side of the board, and with a swift upward motion, toss the board into the air. "pocket the cash"...is right..along with buying more stocks of their own company with the money...will the corporate tax cut help the average worker?...they haven't in the past....this is just more "trickle-down" theory....which has been proven false under Reagan and Bush...the only thing that happened was the gap between the rich and poor grew...the rich became richer and poor became poorer...and their pushing the same B.S. now...the American corporations are going to save the day and middle class... 1 Quote Link to comment Share on other sites More sharing options...
aZjimbo Posted November 4, 2017 Report Share Posted November 4, 2017 1 hour ago, DBP66 said: "pocket the cash"...is right..along with buying more stocks of their own company with the money...will the corporate tax cut help the average worker?...they haven't in the past....this is just more "trickle-down" theory....which has been proven false under Reagan and Bush...the only thing that happened was the gap between the rich and poor grew...the rich became richer and poor became poorer...and their pushing the same B.S. now...the American corporations are going to save the day and middle class... LMAO. Quote Link to comment Share on other sites More sharing options...
ResidentTroll Posted November 4, 2017 Report Share Posted November 4, 2017 1 hour ago, DBP66 said: "pocket the cash"...is right..along with buying more stocks of their own company with the money...will the corporate tax cut help the average worker?...they haven't in the past....this is just more "trickle-down" theory....which has been proven false under Reagan and Bush...the only thing that happened was the gap between the rich and poor grew...the rich became richer and poor became poorer...and their pushing the same B.S. now...the American corporations are going to save the day and middle class... "pocket the cash"...is right" <<is this reading or just comprehension issues? Did you miss... How exactly is it that they 'pocket' anything?? That same $2.00 for your morning 'lottery ticket' could have gotten YOU a 1/15th of a share of that 'pocket'. "along with buying more stocks of their own company with the money..." Hate to break the news but it's not 'their own' company, it's actually 'your own' as in a 'publicly held' company. but I'm sure you won't let that little tidbit fact get in the way of a good rant.... Do you actually think anyone puts any credibility into the rest of your 'thoughtful analysis and insights' post or would want to follow your 'direction' when you've already proven you can't even get the 'lay of the land road map' correct? 1 Quote Link to comment Share on other sites More sharing options...
concha Posted November 4, 2017 Report Share Posted November 4, 2017 17 minutes ago, aZjimbo said: LMAO. The corporate tax cut is designed essentially for two things. One is to make US companies more competitive on the international stage. The other is to keep operations in the US, incentivize moving foreign operations to the US and also attract foreign companies to come here. The other is to incentivize the return to the US of an estimated ~$2 trillion of corporate funds currently parked overseas. I will not convince anyone here whether or not the corporate rate change will materially affect wages, but it should certainly boost the economy, potentially lower interest rates, boost investment and help the markets (which will boost 401k and pension funds). Hopefully, this new income tax plan (not corporate) will boost take home pay for people. For many it is a bit difficult given that ~50% of tax filers pay essentially zero income tax or actually get a net pay day on April 15th. Quote Link to comment Share on other sites More sharing options...
concha Posted November 4, 2017 Report Share Posted November 4, 2017 7 minutes ago, ResidentTroll said: "pocket the cash"...is right" <<is this reading or just comprehension issues? Did you miss... How exactly is it that they 'pocket' anything?? That same $2.00 for your morning 'lottery ticket' could have gotten YOU a 1/15th of a share of that 'pocket'. "along with buying more stocks of their own company with the money..." Hate to break the news but it's not 'their own' company, it's actually 'your own' as in a 'publicly held' company. but I'm sure you won't let that little tidbit fact get in the way of a good rant.... Do you actually think anyone puts any credibility into the rest of your 'thoughtful analysis and insights' post or would want to follow your 'direction' when you've already proven you can't even get the 'lay of the land road map' correct? He couldn't think his way out of a three-walled room. Quote Link to comment Share on other sites More sharing options...
aZjimbo Posted November 4, 2017 Report Share Posted November 4, 2017 32 minutes ago, concha said: The corporate tax cut is designed essentially for two things. One is to make US companies more competitive on the international stage. The other is to keep operations in the US, incentivize moving foreign operations to the US and also attract foreign companies to come here. The other is to incentivize the return to the US of an estimated ~$2 trillion of corporate funds currently parked overseas. I will not convince anyone here whether or not the corporate rate change will materially affect wages, but it should certainly boost the economy, potentially lower interest rates, boost investment and help the markets (which will boost 401k and pension funds). Hopefully, this new income tax plan (not corporate) will boost take home pay for people. For many it is a bit difficult given that ~50% of tax filers pay essentially zero income tax or actually get a net pay day on April 15th. libs like georgie and swamp boy like tax, tax, tax and spend, spend, spend. 20 trillion in fiscal operating debt. 125 trillion in unfunded liabilities. One day this will all come due. The law of economics will prevail over the law of politics. Quote Link to comment Share on other sites More sharing options...
HawgGoneIt Posted November 4, 2017 Report Share Posted November 4, 2017 Can we actually answer the question? Will the tax cut boost worker's wages? You know it won't. </endthread> 1 Quote Link to comment Share on other sites More sharing options...
concha Posted November 4, 2017 Report Share Posted November 4, 2017 1 hour ago, HawgGoneIt said: Can we actually answer the question? Will the tax cut boost worker's wages? You know it won't. </endthread> It could improve take home pay for some. And over time we may see real wage increases based upon economic growth and less available labor (due to currently low unemployment and also reduced illegal immigration). Income for the working class has been impacted by offshoring (hopefully now to be less attractive), high unemployment since the housing crash and waves of illegals coming in. 1 Quote Link to comment Share on other sites More sharing options...
DarterBlue Posted November 4, 2017 Report Share Posted November 4, 2017 3 minutes ago, concha said: It could improve take home pay for some. And over time we may see real wage increases based upon economic growth and less available labor (due to currently low unemployment and also reduced illegal immigration). Income for the working class has been impacted by offshoring (hopefully now to be less attractive), high unemployment since the housing crash and waves of illegals coming in. Yours, for the most part, is a fair and reasonable answer. If it stimulated economic growth the above would happen. I don't think it will for a number of reasons, but in due course we will see which of us is correct. Quote Link to comment Share on other sites More sharing options...
DBP66 Posted November 4, 2017 Report Share Posted November 4, 2017 9 hours ago, ResidentTroll said: "pocket the cash"...is right" <<is this reading or just comprehension issues? Did you miss... How exactly is it that they 'pocket' anything?? That same $2.00 for your morning 'lottery ticket' could have gotten YOU a 1/15th of a share of that 'pocket'. "along with buying more stocks of their own company with the money..." Hate to break the news but it's not 'their own' company, it's actually 'your own' as in a 'publicly held' company. but I'm sure you won't let that little tidbit fact get in the way of a good rant.... Do you actually think anyone puts any credibility into the rest of your 'thoughtful analysis and insights' post or would want to follow your 'direction' when you've already proven you can't even get the 'lay of the land road map' correct? comprehension?..pocket?....yes "pocket" has as in not re-investing the $ they save back into the company...imagine that... buying back stocks? (not all companies are completely owned buy stockholders) yes it happens...look into what AT&T did with their last tax break $$....they invested into the company buy buying more of their own stocks artifically inflating the price of the stock....hope this helps... credibility?...tell me another "lottery ticket" story Lurch... Quote Link to comment Share on other sites More sharing options...
DBP66 Posted November 4, 2017 Report Share Posted November 4, 2017 8 hours ago, concha said: He couldn't think his way out of a three-walled room. Hey Larry Kudlow...can you tell me how the "trickle down" policy has worked for the last 2 republican Presidents...how did the middle class make out?... Quote Link to comment Share on other sites More sharing options...
DBP66 Posted November 4, 2017 Report Share Posted November 4, 2017 21 hours ago, aZjimbo said: libs like georgie and swamp boy like tax, tax, tax and spend, spend, spend. 20 trillion in fiscal operating debt. 125 trillion in unfunded liabilities. One day this will all come due. The law of economics will prevail over the law of politics. and Conservatives are a one trick pony...cutting taxes for themselves..deficits??...not important..we need to make sure we repel that nasty Estate (aka Death tax as the right likes to call it) tax for that 0.01% of the population that could really use a tax break...how much does Donny and his clan have to gain from that??...deficit?.. what say you James about the DEATH tax....big priority for this country to get rid of it?... Quote Link to comment Share on other sites More sharing options...
ResidentTroll Posted November 5, 2017 Report Share Posted November 5, 2017 2 hours ago, DBP66 said: comprehension?..pocket?....yes "pocket" has as in not re-investing the $ they save back into the company...imagine that... buying back stocks? (not all companies are completely owned buy stockholders) yes it happens...look into what AT&T did with their last tax break $$....they invested into the company buy buying more of their own stocks artifically inflating the price of the stock....hope this helps... credibility?...tell me another "lottery ticket" story Lurch... You sound like someone who's spent their $2 on crack instead and now ...it's gone. Don't give up your day job for day trading... carry on Quote Link to comment Share on other sites More sharing options...
DBP66 Posted November 5, 2017 Report Share Posted November 5, 2017 ^^...my $2.00?...I bought some stocks...I should have brought that lottery ticket...huh Lurch? Quote Link to comment Share on other sites More sharing options...
ResidentTroll Posted November 5, 2017 Report Share Posted November 5, 2017 5 hours ago, DBP66 said: ^^...my $2.00?...I bought some stocks...I should have brought that lottery ticket...huh Lurch? So the 'moral' of your fable is that YOU are the master THIEF ravaging that 'pocket' like somehow that does not blow up whatever foundation you think you are standing on?? Beyond ironic.....more in the realm of ....'crackhead' 1 Quote Link to comment Share on other sites More sharing options...
DBP66 Posted November 5, 2017 Report Share Posted November 5, 2017 the moral of the story is that "trickle down" hasn't worked Lurch...you're better off buying your "lottery ticket"... 1 Quote Link to comment Share on other sites More sharing options...
concha Posted November 5, 2017 Report Share Posted November 5, 2017 I know that in Reagan's second term, real median household income rose from $49k to $54k in 2016 CPI adjusted dollars. Taxes were reduced also. Quote Link to comment Share on other sites More sharing options...
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