Well, our Poor
- Thread starter ElectricalCock89
- Start date
I Love It! I truly hope it drops another 35% at least. Really needs to hit bottom around a 50% correction. Flush all that fake biden printing press cash out. God bless DJT!
The market is over inflated just like prices. Everything must reset to correct all the damage liberals did the last 4 yrs
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Moderna trending the way of Legacy Media. The shots were terrible and they knew it.
This is all that needs to be said to Gomers.
Obama decided to print money in oblivion to make it look like his economy was legit. (and he stole a good portion too.)
Trump is unwinding that corruption and artificial BS in hopes of getting us back on firm ground.
Vance delivers the goods time and time again.
Pseudo-liberals are screwed in 2028 -- They just don't know it yet.
Pseudo-liberals are screwed in 2028 -- They just don't know it yet.
Boom! So simple. Get the “elites” outta the way and watch the real world, hands on geniuses fix their mess. Lock the elites out of any and all monetary decisions because the ONLY reason they come is to steal and enrich themselves. They are the problem.Vance delivers the goods time and time again.
Pseudo-liberals are screwed in 2028 -- They just don't know it yet.
So....
Republicans tariff on foreign goods = a tax = definite price increases for consumer
Democratic TAX increases on corporations = no price increases for consumer = paid by the tooth fairy
Who pays for it when Democrats want to raise taxes on corporations?
If you have “significant sums of money” in the stock market, then don’t bitch about it when you lose money. You know the risk
My Tesla is every bit as real as your BMW EV. Except my Tesla one the of best cars in the world and your BMW is...well...a BMW.
I mean, they literally tell you that. If there was EVER a sign to protect gains, it was the millions of signs of Trump stated over and over that he was going to issue tariffs like he did last time. Literally stated it was going to be painful in the short term.
No evidence they work? Then why do other countrie use them and have been using them for a long time? Have they just not figured out in all that time that they don't work?
This is the best you could come up with?
An income tax taxes the profit. A tariff taxes the entire product. One is a much more significant and is much much more likely to be unable to be absorbed by a corporation.
Shirley you understand the difference?
So you think corporations just eat it and settle for less profit? lol
Who demands more profit from companies?
Tax the corporations and the plant moves to Mexico. That’s the difference karen. Democrats already tried that and failed several times
If Trump completes his job liberals will be extremely hard pressed to survive. There will be no money to steal and we all know they can’t survive in the real world working and banging out a legit living.
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Yep. Not sure how many times they need to see it to believe it.
They demand "living" wages of American companies, but then allow foreign companies to flood the market with cheap goods made by people that make pennies a day.
It's not substainable. Like leaches slowing killing our country.
lol! He has no clue. No corporations ever takes losses. They will always make the consumer cover the loss. Anyone else who thinks differently is a freaking retard.
Well if there is no profit, then there is no tax. So no one pays more.
If there is a tariff, there is a tax even if there is no profit. Everyone still pays more.
Wrong again karen. Nobody pays a cent unless they of their own volition decides to purchase a tariffed product.
So you understand why these tariffs are so devastating to the lower and middle class then?
Once again. No one is forced to buy a tariffed product unlike when your party tried (illegally) to force everyone to pay for obamacare. Your party is the party of forced taxes. Your party hates the middle class and try your very best to eliminate them.
If there is no profit, there is no company. And without companies, nobody pays more for anything because they can't buy anything because their job disappeared.
The left’s ultimate goal. No jobs. No middle class. Total control. Slave owners once again
Corporations never eat the cost of taxes because their investors won't let them. They demand more profit because they demand high returns. And because you and I demand it with our 401ks. Eventually, it always ends up hurting American workers.
No reason to lie. I don't have a BMW EV. My wife does.
Your Tesla is non-existent.
I don't know why you think this is some type of "gotcha" that excuses tariffs.
You know these tariffs are bad for consumers. Are you really that dedicated to Trump that you'll lie to yourself and others?
It depends. They have to be competitive so
Yes, sometimes they eat it. Sometimes they don't.
You don't pay "pass through" increased taxes on corporations if you don't buy their product either...
HTH
You probably shouldn’t be worrying about tariffs karen. You just lost another 3 1/2% plus by staying in the market after being warned. Here’s a tip buy Tesla!
Except, Americans like cheap goods. People prove it every day by their shopping habits.
It's why a lot of people drive by 10 stores to go to Walmart, Costco, or Home Depot instead of their local hardware store where the prices might be 15%-20% more.
Americans don't tend to prefer going to Walmart to purchase the cheapest tv they have which would be an $1100 American made brand. They much prefer the Samsung that is $310.
and as even Brit Hume said today, manufacturing companies don't just come back. They don't just pop back up because of tariffs. Some might. Many won't.
That's because there are dozens and dozens of more considerations.
1) Worker safety laws much tougher in the United States
2) Liability laws less favorable for American manufacturers not even to mention insurance requirements and costs
3) Modern manufacturing is much more reliant on automation, not hiring employees to run machines. What use to require 20 employees in a plant, might now only require 8.
It would be quite difficult to avoid a "tariffed" product given nearly every good someone would buy in stores like Walmart, Home Depot, Academy Sports, home products, are facing tariffs.
I mean, I guess you could just not buy anything at all. But that's seems unlikely.
Oddly enough, all Americans paying something for Obamacare hasn't changed. That's still the case today. That's a good thing. Over 20 million Americans are covered by it.
That's not true. Good Lord.
Investors aren't idiots. Some are perfectly happy to play the long-game.
I was in Charlotte yesterday meeting with a client that is owned by a New York based private equity firm. At the end of the meeting, I actually asked one of attendees how long he expected the private equity firm to own them. Almost word for word he told me they were playing the long game and that the acquisition had been a money loser for them so far but they were investing even more money into the business. Their forecast is to make a profit and sell them by 2030.
Corporations certainly do sometimes eat the cost of taxes. There is no hard and fast rule. They have to remain competitive in their marketplace. They can't price themselves out. It's why some companies lose money in a given year and then hope to make it back the next.
So certainly, some corporations do eat the costs of increased taxes, or eat a portion of the increase, or remain flexible. It's also certainly not accurate that "investors won't let them." That doesn't even make sense.
Corporate Taxes: Are They Fair? Who Really Pays Them, And When?
When it comes to corporate taxes, what’s “fair?” Do taxpayers have a sense of what major corporations pay in taxes? And when corporations pay income taxes, do we understand who ultimately bears that tax burden?
taxpolicycenter.org
Nobody pays for Obamacare unless they choose to. If you were paying attention the last 3 months you won’t be affected by any tariffs. You probably weren’t but that’s to be expected
Over 70 million Americans have their retirement funds in the stock market. The great majority of them rely on those funds for their retirement savings.
That's because American corporations and politicians have incentivized, encouraged, stressed, promoted the idea that Americans need to open retirement accounts and depend on those accounts for their retirement funding. Of course, even if an American doesn't want to open one, their company will open one for them and start putting money into the account.
People not looking to retire in the next year or so should not be overly concerned about their funds.
But there are millions that are planning to retire this year who obviously are very concerned about the value of their portfolio. That's true even if they don't have all their retirement income in the market.
If you are a regular American getting ready to retire, maybe even planning to retire in the next few months and you see the value of your portfolio decrease by $50,000, that is going to cause severe anxiety and worry for many of those people.
and of course, there are other Americans who have 529 plans and who are taking money out of those accounts on a monthly basis to pay for educational expenses who have seen their accounts lose thousands of dollars this year that are also anxious because governments like the state of South Carolina incentivize them to open those accounts.
Dave - this market drop isn't as large as the Summer of 2022 so far. Were you talking about it then?
That's not true. Good Lord.
Investors aren't idiots. Some are perfectly happy to play the long-game.
I was in Charlotte yesterday meeting with a client that is owned by a New York based private equity firm. At the end of the meeting, I actually asked one of attendees how long he expected the private equity firm to own them. Almost word for word he told me they were playing the long game and that the acquisition had been a money loser for them so far but they were investing even more money into the business. Their forecast is to make a profit and sell them by 2030.
Corporations certainly do sometimes eat the cost of taxes. There is no hard and fast rule. They have to remain competitive in their marketplace. They can't price themselves out. It's why some companies lose money in a given year and then hope to make it back the next.
So certainly, some corporations do eat the costs of increased taxes, or eat a portion of the increase, or remain flexible. It's also certainly not accurate that "investors won't let them." That doesn't even make sense.
Corporate Taxes: Are They Fair? Who Really Pays Them, And When?
When it comes to corporate taxes, what’s “fair?” Do taxpayers have a sense of what major corporations pay in taxes? And when corporations pay income taxes, do we understand who ultimately bears that tax burden?
There is no "long-game" for increased corporate taxes. Investing money in a business that will return a profit in the future is completely different than just paying higher taxes. Investors don't see future value in just paying more taxes. There is no return in just paying more taxes. Either the quality of the product takes a hit, or the workers pay the price. You are right, they have to stay competitive. That means fewer workers that have to work harder. Or they ship jobs overseas where they can pay workers less. Or they cut the quality of their product. When it comes to taxes, there is losing money this year to make money next year with increased taxes. Just more taxes.
Make sure to mentally catalog what Gomers have to say about the tariffs so we can enjoy a laugh when no one has to pay taxes anymore.
That's not true.
Millions of Americans receive subsidies to purchase health insurance through the exchanges. Those subsidies aren't a figment of someone's imagination. Those subsidies are paid to health insurance companies for the insurance those people receive.
Unless you live under a rock, you have to know this.
Everyone is paying for those subsidies. You don't get a special exemption. LOL
Nearly everyone will be affected by tarrifs. Most people have not walked into stores and stocked up their houses for products that they could not have possibly anticipated that they would need. That wouldn't make much sense.
