07-04-2021, 04:58 PM
11
Re: Now the Americans want to ---
The bills that are working their way through Congress are staggering. As a fiscal conservative I cannot figure for the life of me the incompetent, potentially disastrous course in which spending bills of this magnitude would be proposed BEFORE a plan for payment is rock solid.I get the thinking behind this proposal, but Yellen's action is like throwing a party, not inviting your neighbors, and then asking them if they would mind paying the liquor bill.
I have a stomach ache just thinking about these teenagers running the government with Daddy's credit card.
08-04-2021, 05:44 PM
12
Re: Now the Americans want to ---
Originally Posted by Surfermom
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The bills that are working their way through Congress are staggering. As a fiscal conservative I cannot figure for the life of me the incompetent, potentially disastrous course in which spending bills of this magnitude would be proposed BEFORE a plan for payment is rock solid. I get the thinking behind this proposal, but Yellen's action is like throwing a party, not inviting your neighbors, and then asking them if they would mind paying the liquor bill.
I have a stomach ache just thinking about these teenagers running the government with Daddy's credit card.
Our "conservative" government seems to have turned socialist ??
I think it's a blind, to hide favours to cronies?
22 billion £s to set up a "track & trace" phone app that don't work
with another payment in the billions to rectify it ???
FOR A BLOODY PHONE APP !!!
Donkeyman! 😭😭😭
08-04-2021, 07:14 PM
13
Re: Now the Americans want to ---
Originally Posted by Bread
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They know that having a corporation tax higher than communist Chinas will cause capital flight from the USA to countries with much lower corporation tax burdens (such as "the rest of the world").Already the Democrats are breaking the constitution by approving Bidens infrastructure plans without a Republican vote or filibuster, just the Dems passing it through with their 1 seat majority (Harris) by declaring it a amendment to existing policy.
the Biden Administration is acting like a dictatorship within 4 months of coming into power, brought to them by "postal votes".
If you want to see more of this fiasco check out Bidens HR1 proposal for election rigging (voting).
It was rather like BLiar attempting to run the UK.
I'm even beginning to suspect that the American public might not wait until the next election. We shall see.
08-04-2021, 07:17 PM
14
Re: Now the Americans want to ---
Originally Posted by JBR
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I agree, and I'm wondering just how long the Americans will put up with Bidet doing what he's doing.It was rather like BLiar attempting to run the UK.
I'm even beginning to suspect that the American public might not wait until the next election. We shall see.
09-04-2021, 01:14 AM
15
Re: Now the Americans want to ---
Originally Posted by The Artful Todger
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Investors DO pay the same rate of tax as the production line monkeys. Additionally in many cases they get hit with CGT AND corporation tax and more. In any case there's a great deal of work managing investments. Often at odd and unsocial hours.
As a share holder most of my dividends are fully franked which means that tax is paid before I receive my dividend, even more stupidly the government then refunds me the tax paid on my shares because I don't pay any tax.
CGT on my shares sale is discounted by 50% because I have held them for more than 12 months.
It is a system designed to make rich people richer.
Many large corporations pay more in "donations" to two political parties than they pay in corporation tax to ensure this system continues.
09-04-2021, 11:25 AM
16
Re: Now the Americans want to ---
Originally Posted by Bruce
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Nonsense!As a share holder most of my dividends are fully franked which means that tax is paid before I receive my dividend, even more stupidly the government then refunds me the tax paid on my shares because I don't pay any tax.
CGT on my shares sale is discounted by 50% because I have held them for more than 12 months.
It is a system designed to make rich people richer.
Many large corporations pay more in "donations" to two political parties than they pay in corporation tax to ensure this system continues.
09-04-2021, 11:46 AM
18
Re: Now the Americans want to ---
Originally Posted by RJG
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Compared to that idiot Trump Biden is a BRILLIANT president, and is trying to sort out the mess that awful man has made of his country.
09-04-2021, 04:06 PM
19
Re: Now the Americans want to ---
Originally Posted by JBR
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Well, I suppose we all have our opinions!
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