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Do you think that the Trump Tax plan will help the middle class?

Yes
No
I have no idea



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1-10 of 10

1. D Robb
     (12/3/2017 9:23:35 AM)
     Message ID #294641

This message is in response to Thomas C ( message id #294640 )  Back To All Messages

You are entitled to your unsubstantiated opinion. Both the economy and corporations and the rich seem to be doing extremely well. Why do they need a deficit busting stimulus? The people who need help are the middle class and the poor, and this flawed tax bill will hurt both. It is ironic that trump is screwing his base and they are dumb enough to cheer him on as he does it.

2. Thomas C CEOExpressSelect Member
     (12/3/2017 12:36:09 PM)
     Message ID #294654

This message is in response to D Robb ( message id #294641 )  Back To All Messages

Thank you. But "seem to be doing extremely well", and reality are far different. In the headlines are GOOGL, AMZN,FB, and other superstars.

The majority of the middle class gets paid by small business. It's all about jobs and income.

My opinion is we have had a lost economy for the past 10 years, not only due to Federal policies, but more importantly on the State level.

Fiscally, NJ/NY/CT are a total mess. RI.IL are not far behind.

The middle class has suffered, low income has suffered even more mainly to loss of population in many Northern cities that have been mismanaged for years.

Providence has a debt that equals $34k for every citizen, Charlotte has a surplus that equals $3k per citizen.

Education suffers the most, it's the easiest place to cut, see the case of CT. Wealthy suburbs provide great education, cities such as Hartford, Bridgeport, New Haven, not so much

Reforming the tax code is a good place to start. Just about every person in Congress has stated that.

Today we see the partisan divide in all it's glory. How we got here is irrelevant.

Message edited by user at 12/3/2017 12:39:45 PM

3. D Robb
     (12/3/2017 12:39:23 PM)
     Message ID #294655

This message is in response to Thomas C ( message id #294654 )  Back To All Messages

Right, everyone is for reforming and simplifying the tax code, providing a small tax cut to the middle class, and working on spending and raising taxes in some areas to eliminate the deficit. This flawed bill doesn't do that. It blows a $trillion plus hole in the deficit, and is a big give-a-way to the rich.

4. Thomas C CEOExpressSelect Member
     (12/3/2017 12:43:00 PM)
     Message ID #294657

This message is in response to D Robb ( message id #294655 )  Back To All Messages

At a 1.9% growth I would have to agree. Going forward I tend to believe 3 to 4% is the norm, historically that is true.

A true Keynesian would opt for Government stimulus. That failed.

5. D Robb
     (12/3/2017 4:12:54 PM)
     Message ID #294658

This message is in response to Thomas C ( message id #294657 )  Back To All Messages

Thomas, nobody is projecting that this tax bill is going to pay for itself. Trickle down has NEVER worked. Yes, cutting taxes results in increased revenues to the government, but NEVER enough to cover the deficits created. Repubs constantly talk about the effect of Reagan's and Kennedy's tax cuts on revenues and ignore that they both blew a hole in the deficit.

6. D Robb
     (12/3/2017 1:09:55 PM)
     Message ID #294659

This message is in response to Thomas C ( message id #294657 )  Back To All Messages

What the US needs is a restructuring to provide the blue collar jobs that have been lost. How do we do that? We are not going to bring back manufacturing or coal mining so we need to look for ways to educate the workforce for the jobs that are going begging, and encourage them to move where the jobs are.

7. Rick T CEOExpressSelect Member
     (12/3/2017 12:47:57 PM)
     Message ID #294664

This message is in response to Thomas C ( message id #294657 )  Back To All Messages

Seems your last paragraph begs the question. What and when are you referring to when you state the Keynesian approach has failed? What is your basis of belief and, where are your evidence that support your belief?

There's timely empirical fact based evidence that "Trickle down" doesn't work and, there is no reason to believe it will work this time. Trickle down is, IMO, based on faulty reasoning and flawed premises. There's no history / evidence of Tickle Down ever achieving it's publicly stated goals and objectives.

Bush Sr. was prescient when he called trickle down "voodoo economics".

8. Thomas C CEOExpressSelect Member
     (12/3/2017 5:57:16 PM)
     Message ID #294667

This message is in response to Rick T ( message id #294664 )  Back To All Messages

2009 Stimulus and the last 50 years of Government deficit spending?

The last time the Government actually cut the Federal Budget, 1954, the economy took off like a spaceship,

John Maynard Keynes still has advocates today, despite the fact that he lived in a time when the government revenue was in the form of tariffs. Income tax on individuals, and then later Corporations was just getting started.

9. Michael O'Neill
     (12/3/2017 7:04:52 PM)
     Message ID #294671

This message is in response to Thomas C ( message id #294667 )  Back To All Messages

The 2009 stimulus was 30% tax cuts.

10. Thomas C CEOExpressSelect Member
     (12/4/2017 5:34:17 AM)
     Message ID #294685

This message is in response to Michael O'Neill ( message id #294671 )  Back To All Messages

Are you serious?

It was a one time $400 "rebate" of sorts on your payroll tax, you didn't get it unless you were on a payroll.

30% of what?

Lame retort. Extremely lame.

Actually, it's the funniest one I've ever read here.

Message edited by user at 12/4/2017 5:39:16 AM
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