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Link Posted: 7/27/2022 7:48:52 PM EDT
[#1]
Obama - "We're going to bankrupt coal."

WV - "VOTE DEMOCRAT!!!!!!"
Link Posted: 7/27/2022 7:49:42 PM EDT
[#2]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Gonna get Cheney'd
View Quote


...
Link Posted: 7/27/2022 7:49:43 PM EDT
[#3]
Discussion ForumsJump to Quoted PostQuote History
Quoted:


No, the company pays the taxes. It’s shareholders find the value of their assets then effected by the cost of that. It’s not the same as paying.

But it’s amazing that people see this that way but don’t see how a tax deduction is essentially like spending for budgeting purposes.
View Quote


It is the same in reality.

Corporations are the property of the stockholders. Any money taken from a corporation comes out of shareholder equity.

Corporate taxation followed by the individual stockholders taxation on returns is double taxation.
Link Posted: 7/27/2022 7:52:10 PM EDT
[#4]
If you set out to intentionally destroy this country you couldn’t do any better than the folks in DC the last 20 years.

Literally in one generation they’ve taken us from world leader in nearly everything to broke ass, laughing stock, banana republic.
Link Posted: 7/27/2022 7:55:00 PM EDT
[#5]
Discussion ForumsJump to Quoted PostQuote History
Quoted:


It is the same in reality.

Corporations are the property of the stockholders. Any money taken from a corporation comes out of shareholder equity.

Corporate taxation followed by the individual stockholders taxation on returns is double taxation.
View Quote

No, it being a C corp means it’s a separate entity. If they want to be an S corp they would have chosen different things in life.

Though I have seen a proposal to treat all corporations like a corps, taxing the shareholders directly. I kind of like that.
Link Posted: 7/27/2022 7:57:06 PM EDT
[#6]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Lol, I hope Manchin enjoys his last term as Senator from West Virginia.
View Quote


That was probably going to happen anyway regardless of this.
Link Posted: 7/27/2022 7:57:38 PM EDT
[#7]
raise taxes AND dry up supply with government handouts to companies for new shit

BRILLIANT!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Link Posted: 7/27/2022 8:00:42 PM EDT
[#8]
Light up his phone lines all week. Phone calls are given more weight. Then send an email after calling.

Let him know he will be the next Liz Cheney.
Link Posted: 7/27/2022 8:07:01 PM EDT
[#9]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Tax enforcement lol
View Quote

Was there a bunch of people who hated tea so much, that they tossed it out? I think there was, and I would like to say somewhere around 1772 ish?
Link Posted: 7/27/2022 8:15:46 PM EDT
[#10]
This is how they will get the little guy (on the right) to cower in fear. With the threat of audits and jailtime.

Remember, The Process Is The Punishment.
Link Posted: 7/27/2022 8:26:56 PM EDT
[#11]
It’s time to file suit against this rogue fed gov.  Barring that, find accountant wealthy folks use to have him tell you how to keep your income safe from this thievery.
Link Posted: 7/27/2022 8:29:11 PM EDT
[#12]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
FWIW to some extent taxes reduce inflation since they basically destroy money supply.
View Quote

Their goal at this point is to grind the economy to a not necessarily a halt but wound it severely.  That way the BBB/Green new shitty deal can be forced down as many throats as possible as a solution.

Link Posted: 7/27/2022 8:30:45 PM EDT
[#13]
The IRS is already bigger than it needs to be, the real problem is our retarded and convoluted tax code.

The US government also takes in more than enough tax revenue, they have a spending problem, not one of too little income.

This legislation is part of the left's Green New Deal agenda, which will result in a 21st century American version of the Great Leap Forward.
Link Posted: 7/27/2022 8:49:03 PM EDT
[#14]
Link Posted: 7/27/2022 8:50:08 PM EDT
[#15]
Corporate tax? So higher consumer prices.
Link Posted: 7/27/2022 8:52:21 PM EDT
[#16]
Is Patrick Leahy going to vote from a hospital bed?
Link Posted: 7/27/2022 8:55:45 PM EDT
[#17]
Fuk him and his yacht
Link Posted: 7/27/2022 9:00:23 PM EDT
[#18]
Quoted:
JFC
View Quote


Quoted:
JFC…
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Link Posted: 7/27/2022 9:01:26 PM EDT
[#19]
Break Back Budget
Link Posted: 7/27/2022 9:03:04 PM EDT
[#20]
Discussion ForumsJump to Quoted PostQuote History
Quoted:

Their goal at this point is to grind the economy to a not necessarily a halt but wound it severely.  That way the BBB/Green new shitty deal can be forced down as many throats as possible as a solution.

View Quote

Disagree. They thought they could get gas to $8 without killing the economy and just cause EV adoption. They are stupid, not evil geniuses.
Link Posted: 7/27/2022 9:04:03 PM EDT
[#21]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Obama - "We're going to bankrupt coal."

WV - "VOTE DEMOCRAT!!!!!!"
View Quote


Not one county out our 55 went blue for the last three presidential elections.

Our governor, senate and house are republican majorities.

One senator is republican and headed towards being primaried. We primaried a RINO rep last election.  All reps are Republican.

Manchin is literally the only democrat in this entire state at the federal level.

Link Posted: 7/27/2022 9:06:31 PM EDT
[#22]
Thank all the "conservative, gun-owning" Democrats that reelected him
Link Posted: 7/27/2022 9:07:06 PM EDT
[#23]
One big giant corrupt stealing and spending monster with a bunch of pedophiles at the helm.

Our government, aka a few select “men and woman” of this country, do not represent the interest of America. Period.
Link Posted: 7/27/2022 9:19:20 PM EDT
[#24]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Obama - "We're going to bankrupt coal."

WV - "VOTE DEMOCRAT!!!!!!"
View Quote


Wv has been getting redder and redder the last twenty years. It used to be a solid blue state. Hasn't voted democrat for president in awhile. Manchin sucks, but I'm not sure he is going to be reelected. Just got lucky with the blue wave in 2018.
Link Posted: 7/27/2022 9:32:08 PM EDT
[#25]
What will the markets do tomorrow???
Link Posted: 7/27/2022 9:39:45 PM EDT
[#26]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Fuck them

“According to Schumer's and Manchin's offices, the bill will raise $739 billing in revenue through IRS tax enforcement, the corporate minimum tax, IRS tax enforcement and closing the carried interest loophole. It will spend $433 billion total, they said, on energy and climate change provisions and on the ACA extension.”
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You said "IRS Enforcement" twice!
Link Posted: 7/27/2022 9:42:42 PM EDT
[#27]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Any stimmy for us poors?
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Link Posted: 7/27/2022 10:29:04 PM EDT
[#28]
Discussion ForumsJump to Quoted PostQuote History
Quoted:


No, the company pays the taxes. It’s shareholders find the value of their assets then effected by the cost of that. It’s not the same as paying.

But it’s amazing that people see this that way but don’t see how a tax deduction is essentially like spending for budgeting purposes.
View Quote


The payment portion comes when the company raises their prices to retain their profit margin.
Link Posted: 7/27/2022 10:31:49 PM EDT
[#29]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
FWIW to some extent taxes reduce inflation since they basically destroy money supply.
View Quote


Not at the rates being contemplated.

It’s like the fed bumping interest up to 4% expecting it to reduce 9% inflation. It’s pissing into the wind.
Link Posted: 7/27/2022 10:34:45 PM EDT
[#30]
Discussion ForumsJump to Quoted PostQuote History
Quoted:


The payment portion comes when the company raises their prices to retain their profit margin.
View Quote

LOL

The company charges as much as it can for its product without cutting volume. If it’s competently managed. Only an incompetently managed company charges less than what the market will bear.

So no, you don’t get to raise prices because your costs go up, unless you’re willing to lose volume.
Link Posted: 7/27/2022 10:40:54 PM EDT
[#31]
Discussion ForumsJump to Quoted PostQuote History
Quoted:

LOL

The company charges as much as it can for its product without cutting volume. If it’s competently managed. Only an incompetently managed company charges less than what the market will bear.

So no, you don’t get to raise prices because your costs go up, unless you’re willing to lose volume.
View Quote


I’m pretty sure you can do what you like.

I think we’ve watched this shit happen enough times to know elevated corporate taxes leads to elevated prices for customers.
Link Posted: 7/27/2022 10:43:04 PM EDT
[#32]
why is it all these people can do is spend insane amounts of money on nonsense and call it their "work"..?
Link Posted: 7/27/2022 10:44:52 PM EDT
[#33]
The only way these fucking criminal stop this BS is if Americans march on DC in mass but of course that would be insurrection.
Link Posted: 7/27/2022 10:45:01 PM EDT
[#34]
Quoted:
https://www.foxnews.com/politics/manchin-schumer-agree-reconciliation-deal-after-more-than-year-talks

Raise taxes going into a depression. Smart! More money wasted on green energy boondoggles when what we need is oil, gas, coal, and nuclear.
View Quote
The titanic is sinking and theyre getting in the lifeboats with all of the fine china.
Link Posted: 7/27/2022 10:57:05 PM EDT
[#35]
Discussion ForumsJump to Quoted PostQuote History
Quoted:


Not one county out our 55 went blue for the last three presidential elections.

Our governor, senate and house are republican majorities.

One senator is republican and headed towards being primaried. We primaried a RINO rep last election.  All reps are Republican.

Manchin is literally the only democrat in this entire state at the federal level.

View Quote



Similar in Montana. I’ll be working on getting Tester out in ‘24 using the left’s own tactics to wound him politically. (As if he needs help with that).
Link Posted: 7/27/2022 11:16:26 PM EDT
[#36]
Discussion ForumsJump to Quoted PostQuote History
Quoted:


I’m pretty sure you can do what you like.

I think we’ve watched this shit happen enough times to know elevated corporate taxes leads to elevated prices for customers.
View Quote


Do you remember in 2018 when prices were slashed?

I don’t either.
Link Posted: 7/28/2022 10:31:32 AM EDT
[#37]
Discussion ForumsJump to Quoted PostQuote History
Quoted:



Similar in Montana. I’ll be working on getting Tester out in ‘24 using the left’s own tactics to wound him politically. (As if he needs help with that).
View Quote


People seem to forget that Patrick Morrisey is our AG and responsible for WV vs EPA.

He almost beat Manchin last time. There is a push to use him to primary Capito next cycle.
Link Posted: 7/28/2022 11:07:38 AM EDT
[#38]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
"Senate Democrats can change the name of Build Back Broke as many times as they want, it won’t be any less devastating to American families and small businesses,," Sen. John Cornyn, R-Texas, said. "Raising taxes on job creators, crushing energy producers with new regulations, and stifling innovators looking for new cures will only make this recession worse, not better."

"With inflation at a 41-year high and a looming recession, Democrats want higher taxes, more government spending, and to attack American energy," Senate GOP Conference Chair John Barrasso, R-Wyo., added. "So much for helping American families."
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They're raking for them & theirs. ZFG for the rest of the nation.
Link Posted: 7/28/2022 11:10:51 AM EDT
[#39]
Is the full text of this turd of a bill available online somewhere?
Link Posted: 7/28/2022 11:27:21 AM EDT
[#40]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
It’s time to file suit against this rogue fed gov.  Barring that, find accountant wealthy folks use to have him tell you how to keep your income safe from this thievery.
View Quote



Suit ?   Sure, gov does unconstitutional shit, years of lost rights, years later it reaches scotus, scotus makes extremely narrow ruling, gov tweaks their unconstitutional shit slightly, keeps going, years of rights lost, years later reaches scotus, etc.. it’s a joke, because there no fear of consequences for doing unconstitutional shit.  we passed “ lawsuit territory “ 20 years ago, time for that fix has come and gone long ago.

Attachment Attached File



Attachment Attached File
Link Posted: 7/28/2022 11:46:47 AM EDT
[#41]
This is why Rs need to stop voting for cloture.

The Ds will always use reconciliation to fuck us.
Link Posted: 7/28/2022 11:53:19 AM EDT
[#42]
Discussion ForumsJump to Quoted PostQuote History
Quoted:


John Wayne McCornyn needs to shut the fuck up and disappear from public life.
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No kidding.
Link Posted: 7/28/2022 11:55:07 AM EDT
[#43]
Just what we need, more fucking inflation. Back to the 70s we go.
Link Posted: 7/28/2022 11:58:54 AM EDT
[#44]
Broke Back Better
Link Posted: 7/28/2022 12:02:00 PM EDT
[#45]
Durbin has covid.
Link Posted: 7/28/2022 12:08:05 PM EDT
[#46]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Lol, I hope Manchin enjoys his last term as Senator from West Virginia.
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Manchin will get re-elected by a slim margin. Lots of Union votes and pre-programmed WVA to vote D still alive and well.

Truth be told, he's going to play it up how he resisted crazy leftist overspending, worked both sides of the aisle to "tax the rich" and close loopholes while providing money to necessary spending that will be paid for. Oh and don't forget that pittance destined to be used to "pay down the deficit". Yah boy!

All this right after 'they' passed that "Chip Bill" that gave big corps beeeelllioooons to build a few plants in certain locations. Remember all the repubs that signed on to that corp give away boondoggle?

And let's be honest. Mitch the Bitch got played, Manchin got paid.
Link Posted: 7/28/2022 12:16:53 PM EDT
[#47]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Durbin has covid.
View Quote


Yes and Sinema hasn't signed off on this mess yet either nor was she was consulted apparently. Hopefully this turn into another debacle for the dems. Maybe Comrade Bernie will blow it up from the left as well.
Link Posted: 7/28/2022 12:18:17 PM EDT
[#48]
Discussion ForumsJump to Quoted PostQuote History
Quoted:


It is the same in reality.

Corporations are the property of the stockholders. Any money taken from a corporation comes out of shareholder equity.

Corporate taxation followed by the individual stockholders taxation on returns is double taxation.
View Quote

i love when people start ranting about vanguard owning everything... Bro where is your retirement account?
Link Posted: 7/28/2022 12:19:25 PM EDT
[#49]
Link Posted: 7/28/2022 12:24:50 PM EDT
[#50]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Light up his phone lines all week. Phone calls are given more weight. Then send an email after calling.

Let him know he will be the next Liz Cheney.
View Quote



"Hi there, is this Liz Cheney's office?"

"Are you sure?"
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