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Friends, Tigers, Countrymen, bend me your ears!
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110%er [6399]
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Friends, Tigers, Countrymen, bend me your ears!
Nov 18, 2020, 11:12 AM
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Would those of you who voted either for The Joe or against The Don agree that you most likely voted against your own wallet?
Would those of you who voted Trump agree that, had he stopped the name calling and incessant tweets, he would have won without question?
Thanks for taking my call. I'll toke up and listen.
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All-In [26968]
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I voted for neither...
Nov 18, 2020, 11:18 AM
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but I don't consider "my wallet" when I vote. If I'm relying on federal government policy to sustain me, then I need to fix something with me.
I think a number of things would have helped the President win. I think if he had treated COVID as a serious threat and backed up his health experts, he would have won. I think it's obvious that if he were a kind person, he would have easily won.
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All-In [26968]
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To be clear, if he were kind,
Nov 18, 2020, 11:30 AM
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I would have voted for him, despite his posture toward COVID, which I feel was lacking.
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Oculus Spirit [80978]
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"If I'm relying on federal government policy to sustain me,
Nov 18, 2020, 11:34 AM
[ in reply to I voted for neither... ] |
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then I need to fix something with me."
I was going to ask if you understand tax policy, capital gains, and their affects on how businesses spend and invest their money, but then I remembered that you use the federal government as your yearly short tern savings plan.
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All-In [26968]
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I vote for lower taxes, because it's good economic policy
Nov 18, 2020, 11:37 AM
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for the reasons you stated. It's NOT because it benefits me personally. It's not about my wallet.
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Orange Blooded [2203]
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Re: Friends, Tigers, Countrymen, bend me your ears!
Nov 18, 2020, 11:19 AM
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Trump would have won hands down it the Wuhan flu had not be push out into the world. They knew the only way to beat Trump was to have some kind of recession. Sometime it looked like Trump did not want to get re-elected with some of his actions.
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Orange Blooded [4365]
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Re: Friends, Tigers, Countrymen, bend me your ears!
Nov 18, 2020, 11:53 AM
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OC,
Who are they ??
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Orange Blooded [2203]
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Re: Friends, Tigers, Countrymen, bend me your ears!
Nov 18, 2020, 12:34 PM
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Mainstream media, Hollywood personalities. Why you don't think it is true?
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110%er [7186]
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Re: Friends, Tigers, Countrymen, bend me your ears!
Nov 18, 2020, 11:24 AM
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If you can't get more votes than Joe Biden or Hillary Clinton, you have bigger issues than Twitter. We really need ranked choice voting.
Unless Congress gives us some serious pay raises, I doubt I am going to make more than $450K so my wallet shouldn't be affected.
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110%er [6399]
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Re: Friends, Tigers, Countrymen, bend me your ears!
Nov 18, 2020, 11:32 AM
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"ranked choice voting"? Please expound.
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110%er [7186]
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110%er [6399]
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Re: Are you some pinko commie expecting someone else to
Nov 18, 2020, 11:55 AM
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Ahh... First past the post, as in 'the thing Brits have been ###ching about for decades'. No thanks.
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All-TigerNet [11137]
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Considering the last tax cuts were a wash for me and
Nov 18, 2020, 11:31 AM
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tariffs have raised prices on pretty much ERR'thang, no. The myth that a conservative WH is better for your wallet has been s h a t t u r d so many times.
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Oculus Spirit [80978]
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If Trump were a conservative, that might be true.***
Nov 18, 2020, 11:35 AM
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Orange Blooded [4745]
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The "tax cut" increased my federal tax to where I owed
Nov 18, 2020, 11:57 AM
[ in reply to Considering the last tax cuts were a wash for me and ] |
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over $15K the first year the new tax cut was in play. The previous year I only paid $1600 in federal tax in April. My salary was too high I was forced to max out my 401K and direct other pretax funds to reduce my taxable income. Even with that, I still owed around $4500 in federal tax each year since.
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Rock Defender [53]
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Re: The "tax cut" increased my federal tax to where I owed
Nov 18, 2020, 12:09 PM
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Orange Blooded [4745]
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The tax cut helped those making less than $50K and
Nov 18, 2020, 12:27 PM
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the very wealthy.
I was making $315K per year the first year of the "tax cut", and it was killing me. There are only so many ways to defer your pretax money, and I used them all.
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Orange Blooded [2203]
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Re: The tax cut helped those making less than $50K and
Nov 18, 2020, 12:38 PM
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Did you start a small business?
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Rock Defender [53]
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All-In [31849]
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When you evaluate a tax change by what...
Nov 18, 2020, 1:11 PM
[ in reply to The "tax cut" increased my federal tax to where I owed ] |
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you owe when you file your return, you aren't really evaluating the entire picture.
The only real tell is how much you paid in taxes (meaning total taxes paid via W2 and your return) relative to your income...or your effective tax rate.
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Orange Blooded [4365]
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Re: Considering the last tax cuts were a wash for me and
Nov 18, 2020, 12:10 PM
[ in reply to Considering the last tax cuts were a wash for me and ] |
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I think it it worth reiterating that party affiliation is not very important to GDP and the economy. (see attached)
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Orange Blooded [4365]
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All-TigerNet [13006]
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Re: Friends, Tigers, Countrymen, bend me your ears!
Nov 18, 2020, 11:37 AM
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Sergei Klebnikov = plays golf with Hunter
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110%er [6399]
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Orange Blooded [4365]
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Re: Friends, Tigers, Countrymen, bend me your ears!
Nov 18, 2020, 12:22 PM
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coot,
First of all it's Obama (don't let your cootness overwhelm you)
Secondly, how can you even attempt to conflate what Obama did (having to deal with the Bush Great Recession) to what the Forbes experts predict as to what Biden will do ?
Also, I don't think your 401K is an accurate measure of the health of the economy as a whole. But if you want to see Obama's GDP growth vs. Trump's - see the attached - and notice that Trump's numbers do not include 2020 (which are abysmal).
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Oculus Spirit [78823]
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all the politicians are about the same
Nov 18, 2020, 11:37 AM
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they all spend like it is not their money and they only listen to the lobbyists
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Orange Blooded [2692]
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Re: Friends, Tigers, Countrymen, bend me your ears!
Nov 18, 2020, 11:40 AM
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1.) I don't agree. One could argue that President Trump's performance has cost us all much money, opportunity, and time that we otherwise would have enjoyed. That might seem unfair, but then again, so is your question.
2.) The tweets, like this post, are a sample of the man. It is not necessarily the volume that is problematic, as much as it is the quality of tweets. He simply needed better Tweets. It is like the guy we all assume is brilliant because of "name, college, degree", til he opens his mouth at the dinner table and proves otherwise.
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Hall of Famer [20518]
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Re: Friends, Tigers, Countrymen, bend me your ears!
Nov 18, 2020, 11:59 AM
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No.
You keep missing the point. The main reason the middle turned on Donald Trump is really simple - because we are voting with our wallets. And for our right to vote again in the future.
Because you know what's really bad for my wallet, and for my ability to vote again in the future? The collapse of Democracy, and an actual Fascist in the White House. That's really bad...not just for business, but for civilization in general.
That's a lot more of a problem than his Mean Tweets, his mouth, and even his incessant corruption and blithering incompetence.
The Donald really, truly thought he was bigger than America, bigger than the country, and all of us owed blind devotion to him. He aspired to be Putin, Kim Jong-on, Recep Erdogan, or Mohammed bin Salman...those being the folks he respected and got along with the best. And he kept crashing through guardrail after guardrail, and nobody within his own party seemed willing to stand up to him aside from McCain, Romney, and Mark Sanford.
There were a disturbing number of folks who agreed with him, too, which was probably the scariest part. You wanna line up behind a wanna-be strongman authoritarian third-world dictator, that's your lookout, but don't expect the majority of Americans to sing Kumbaya.
If somebody doesn't get that, I'm well past the point of caring.
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110%er [6399]
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Re: Friends, Tigers, Countrymen, bend me your ears!
Nov 18, 2020, 12:10 PM
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Mark Sanford???? Really?? The guy who announced he was running for Prez then dropped out after no one came to his presser at Compton's Kitchen in West Cola? Digging deep in the political gunny sack for that one.
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Orange Blooded [4365]
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Re: Friends, Tigers, Countrymen, bend me your ears!
Nov 18, 2020, 12:27 PM
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coot,
At least he stood up. It really is a sad commentary on the state of the Republican Party that there are soooo few that would put country before Trump to choose from.
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Orange Blooded [4365]
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Oculus Spirit [97664]
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I make it a point to make Joe, Trump, or whoever as little
Nov 18, 2020, 12:30 PM
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a part of my wallet as possible. Honestly, the biggest tax hit I've taken in my adult life just happened in Lexington County, with a reassessment. That will cost me more, quicker, than any tax increase to date. 20% in a year's time. We better be driving on golden roads and have palatial schools.
Which begs the quershun, are we going to be taxed on the $2K and change we were stimulated with that's been sitting in my savings account?
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Orange Blooded [2203]
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Re: I make it a point to make Joe, Trump, or whoever as little
Nov 18, 2020, 12:36 PM
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Welcome to the big city my friend.
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Oculus Spirit [97664]
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I moved from a big dem city to a smaller pub town
Nov 18, 2020, 1:21 PM
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Taxes went UP. Services went down. Can't even get then to take yard trash.
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Hall of Famer [22935]
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The pass-through tax deduction was a nice boost
Nov 18, 2020, 12:38 PM
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I was fine with the prior administration taxes and happy with my take home pay with Obama. The TCJA cuts were nice, and added onto my savings even more during Trump's term.
We'll see what the Biden administration rates yield and how high earners are impacted. Hope he only splits the difference between the past two administrations, but my life won't change that much either way.
Yes, I most likely voted against my own wallet, but I have enough to spare. Most of my net worth is now driven by the stock market change, so fingers crossed there too.
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Replies: 34
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