US Oil Producers Fail to Produce

[Parkbandit]

With mortgage rates spiking once in a generation rates, and housing prices causing huge property tax increases nationwide Democrats are going to have a heyday pointing out how Trump's tax plan hurt everyday Americans. State and Local Tax deduction caps means your combination of property tax and local income taxes are meaningless after $10,000. Before Trump's corporate welfare tax plan, the combination of SALT and mortgage interest deductions, combined with the personal exemption saw a lot more Americans getting refunds back. In the guide of 'simplifying tax filings' and doubling the standard deduction, eliminating the personal exemption, SALT deductions etc., Trump just made it so a married, childless couple would help finance his corporate and capital gains tax breaks. Great job GOP!

Tell us you know nothing about economics, taxes, politics and any other topic.. without telling us you know nothing about economics, taxes, politics and any other topic..

[~Rocktar~]

Do you know how banks were able to pay that back?

They were given billions of US taxpayer dollars, at a near 0% interest rate and turned that money over at 5-6%.

So them doing business as usual gives you a case of asshurt. Got it. How the fuck do you think banks work dumbass? Do you whine when a business takes out a loan from a bank at 5%, earns 10+% ROI and pays back their loan? They used short term credit to continue operation, then paid the loan back with interest.

With a 200,000 mortgage, you are costing the taxpayer $20,000 annually.

Tell me you are OK with welfare without telling me you're OK with welfare.

How do you figure that? I got to hear this because I have a standard consumer loan, paid 5% down when I bought 3 1/2 years ago, did a standard 30 yr fixed then and had PMI. Now, due to appreciation and upgrades, my home gained 43% in value combined with an adult credit score and stable employment, I refinanced at 3% with no PMI and paid 2 points. So, explain how I cost anyone anything when I am paying market rate on the money? This has to be good, either for financial education or a solid belly laugh. I am betting the latter.

[Seran]

Tell us you know nothing about economics, taxes, politics and any other topic.. without telling us you know nothing about economics, taxes, politics and any other topic..

Here, show me how much you understand economics and the law yourself by refuting published studies over the failure of the Trump tax plan.

https://budget.house.gov/publication...-fiscal-future

https://itep.org/trumptaxprelim/

https://www.forbes.com/sites/christi...nding-economy/

https://www.policygenius.com/taxes/w...-and-jobs-act/

https://www.gao.gov/assets/720/714080.pdf

[Parkbandit]

Here, show me how much you understand economics and the law yourself by refuting published studies over the failure of the Trump tax plan.

https://budget.house.gov/publication...-fiscal-future

https://itep.org/trumptaxprelim/

https://www.forbes.com/sites/christi...nding-economy/

https://www.policygenius.com/taxes/w...-and-jobs-act/

https://www.gao.gov/assets/720/714080.pdf

After 4 years... and your own meltdown over the Presidency of Trump.. would it surprise you that there are "studies" out there that would disparage a policy that benefited millions that bothered the left?

Remember the time the Nobel Prize Economist claimed that if Trump was elected President, that it would cause the stock market to crash?

Yea... you live in an eco-chamber of MSNBC, CNN and mass media that claimed everything President Trump did harmed the country... but for normal people, that's just not the case.

[joeyb]

I will wait for your to dismiss these highly educated, well respected and very well documented people and arguments because you likely won't watch them and don't know any facts and it doesn't fit your narrative.

are you serious. dinesh d'souza? pragerU? there isn't a big enough lol

[joeyb]

I believe the Democrat party is very pro-socialism... they just know that it won't play well to Americans so they pretend they are not for it.

But a large part of their extremist base (which they have been catering to for 10+ years) is very pro-socialism.

parkbandit what is socialism

[joeyb]

After 4 years... and your own meltdown over the Presidency of Trump.. would it surprise you that there are "studies" out there that would disparage a policy that benefited millions that bothered the left?

Remember the time the Nobel Prize Economist claimed that if Trump was elected President, that it would cause the stock market to crash?

Yea... you live in an eco-chamber of MSNBC, CNN and mass media that claimed everything President Trump did harmed the country... but for normal people, that's just not the case.

parkbandit what are your non echo chamber media sources

[Suppressed Poet]

With mortgage rates spiking once in a generation rates, and housing prices causing huge property tax increases nationwide Democrats are going to have a heyday pointing out how Trump's tax plan hurt everyday Americans. State and Local Tax deduction caps means your combination of property tax and local income taxes are meaningless after $10,000. Before Trump's corporate welfare tax plan, the combination of SALT and mortgage interest deductions, combined with the personal exemption saw a lot more Americans getting refunds back. In the guide of 'simplifying tax filings' and doubling the standard deduction, eliminating the personal exemption, SALT deductions etc., Trump just made it so a married, childless couple would help finance his corporate and capital gains tax breaks. Great job GOP!

Who is directly responsible for our present out of control inflation (still transitory right?…lolz) through unprecedented wasteful government spending / money printing, and as consequence we are seeing “once in a generation” mortgage rates? Oh yeah…it was those donkey asses. The American public is going to have their heyday come November, and everyone knows it.

[Parkbandit]

parkbandit what is socialism

Not sure I can dumb it down enough for someone with a 3rd grade intellectual level to understand.

Sorry

[Parkbandit]

parkbandit what are your non echo chamber media sources

I get my news from a wide variety of sources.. like CNN/FOX/CBS/NBC and then figure the actual truth lies somewhere between Fox and the other ones.

For kicks though, I enjoy watching MSNBC during elections that I know they will be upset about. 2016 was my favorite.