heybruce Posted November 25, 2020 Share Posted November 25, 2020 (edited) 13 hours ago, yellowboat said: Why weren't the Russians stopped? It was illegal. Yes all the people. Trump got 7 million more votes this election than the last election, many coming from minorities. Biden may get a pass from the media, but others will be watching him very closely when it comes to current US wars, Hong Kong/Taiwan/China and the economy. I was referring to the Mueller report. This is still a bitter memory. The Mueller investigation was into Russian interference in the 2016 election and possible connections to the Trump campaign. If found both. Regarding who got the most votes in the elections, you should stick with the policy of the rest of Trump's base of insisting that is irrelevant. Trump lost the popular vote by a significant margin in 2016 and a bigger margin in 2020. Edited November 25, 2020 by heybruce 1 Link to comment Share on other sites More sharing options...
Showtime Posted November 25, 2020 Share Posted November 25, 2020 1 hour ago, heybruce said: You want Israel to wipe out Chinese made islands on the other side of Asia? You are seriously detached from reality. That way the US stays out of it and the extra bonus is it would be a sneak attack since nobody would be expecting it. I am sure Israel has the weapons and the skills to do it. That is the beauty of the whole idea. 2 Link to comment Share on other sites More sharing options...
Popular Post placeholder Posted November 25, 2020 Popular Post Share Posted November 25, 2020 (edited) 2 hours ago, Showtime said: Rich people own stocks. The rest of us own mutual funds which means your argument doesn't hold any water. Want to try again? Those figures include ownership of all stocks including mutual funds, pension funds, and 401K's. And you still haven't come up with any proof to back up your assertion that the deficit would have been worse if corporations didn't get their taxes reduced. Nor did you address any of the problems associated with stock buybacks. Care to try once? Edited November 25, 2020 by placeholder 3 Link to comment Share on other sites More sharing options...
Showtime Posted November 25, 2020 Share Posted November 25, 2020 5 minutes ago, placeholder said: Those figures include ownership of all stocks including mutual funds, pension funds, and 401K's. And you still haven't come up with any proof to back up your assertion that the deficit would have been worse if corporations didn't get their taxes reduced. Nor did you address any of the problems associated with stock buybacks. Care to try once? From Gallup which is a lot more reputable source than your dodgy source: WASHINGTON, D.C. -- With the stock market experiencing record volatility since the nationwide outbreak of COVID-19 in the U.S., it is fair to ask what percentage of Americans are personally exposed to the market's financial risks and windfalls. Thus far in 2020, Gallup finds 55% of Americans reporting that they own stock, based on polls conducted in March and April. This is identical to the average 55% recorded in 2019 and similar to the average of 54% Gallup has measured since 2010. 1 Link to comment Share on other sites More sharing options...
placeholder Posted November 25, 2020 Share Posted November 25, 2020 1 minute ago, Showtime said: From Gallup which is a lot more reputable source than your dodgy source: WASHINGTON, D.C. -- With the stock market experiencing record volatility since the nationwide outbreak of COVID-19 in the U.S., it is fair to ask what percentage of Americans are personally exposed to the market's financial risks and windfalls. Thus far in 2020, Gallup finds 55% of Americans reporting that they own stock, based on polls conducted in March and April. This is identical to the average 55% recorded in 2019 and similar to the average of 54% Gallup has measured since 2010. That says nothing about the total percentage owned by the lower 90%. Absolutely nothing. This is your idea of a rebuttal. It is to laugh. 2 Link to comment Share on other sites More sharing options...
heybruce Posted November 25, 2020 Share Posted November 25, 2020 (edited) 19 minutes ago, Showtime said: That way the US stays out of it and the extra bonus is it would be a sneak attack since nobody would be expecting it. I am sure Israel has the weapons and the skills to do it. That is the beauty of the whole idea. Do you think Israel has long-range bombers? The ability to refuel over central Asia or the Indian Ocean? Or do you want Israel to build or buy an aircraft carrier and the support fleet that accompanies it and sail over to east Asia? Even if Israel had the capability to launch a major assault over that distance (they don't) and were crazy enough to start a war with China (they aren't) there is no way anyone would believe that the US wasn't complicit. Edited November 25, 2020 by heybruce 1 Link to comment Share on other sites More sharing options...
Showtime Posted November 25, 2020 Share Posted November 25, 2020 3 minutes ago, placeholder said: That says nothing about the total percentage owned by the lower 90%. Absolutely nothing. This is your idea of a rebuttal. It is to laugh. By that statement, somehow none of the 55% of Americans are in the lower 90%. If we assume all of the top 10% own stocks doesn't that mean half of the lower 90% own stock. Here is some Pew Research data for our genius. 1 Link to comment Share on other sites More sharing options...
Popular Post placeholder Posted November 25, 2020 Popular Post Share Posted November 25, 2020 2 minutes ago, Showtime said: Corporate tax rates around the world from KPMG. As you see the US rate is 27%, down from 40% and it is still on the high side compared to other regions/countries. search 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 Africa average 28.49 28.64 29.07 28.33 27.83 28.14 28.03 28.21 28.26 28.23 28.25 Show more Americas average 28.28 29.31 28.67 28.35 27.77 27.61 27.71 28.29 28.11 27.36 27.33 Show more Asia average 23.72 22.91 22.72 22.13 22.00 21.98 21.41 21.08 21.21 21.18 21.13 Show more EU average 22.74 22.58 22.46 22.74 22.45 22.23 22.17 21.41 21.37 21.05 20.94 Show more Europe average 21.46 20.83 20.44 20.60 20.42 20.05 19.97 19.53 19.48 19.26 19.12 Show more Global average 24.65 24.52 24.38 24.17 23.88 23.77 23.62 24.06 24.05 23.81 23.79 Show more Latin America average 27.52 28.88 28.30 27.96 27.31 27.16 27.29 27.98 28.20 27.39 27.36 Show more North America average 35.50 34.00 33.00 33.00 33.25 33.25 33.25 33.25 26.75 26.75 26.75 Show more Oceania average 29.00 28.60 28.60 27.00 27.00 27.00 27.00 28.43 28.43 28.43 28.43 Show more OECD average 25.70 25.42 25.18 25.32 24.98 24.77 24.69 23.95 23.53 23.23 23.05 Show more South America average 27.52 28.88 28.30 27.96 27.31 27.16 27.29 27.98 28.20 27.39 27.36 Show more Afghanistan 20.00 20.00 20.00 20.00 20.00 20.00 20.00 20.00 20.00 20.00 20.00 Show more Albania 10.00 10.00 10.00 10.00 15.00 15.00 15.00 15.00 15.00 15.00 15.00 Show more Algeria - - - 25.00 19.00 26.00 26.00 26.00 26.00 26.00 26.00 Show more Andorra - - - - - - - 10.00 10.00 10.00 10.00 Show more Angola 35.00 35.00 35.00 35.00 35.00 30.00 30.00 30.00 30.00 30.00 30.00 Show more Anguilla - - - - - - - 0.00 0.00 0.00 0.00 Show more Antigua and Barbuda - - - - - - - 25.00 25.00 25.00 25.00 Show more Argentina 35.00 35.00 35.00 35.00 35.00 35.00 35.00 35.00 30.00 30.00 30.00 Show more Armenia 20.00 20.00 20.00 20.00 20.00 20.00 20.00 20.00 20.00 20.00 18.00 Show more Aruba 28.00 28.00 28.00 28.00 28.00 25.00 25.00 25.00 25.00 25.00 25.00 Show more Australia 30.00 30.00 30.00 30.00 30.00 30.00 30.00 30.00 30.00 30.00 30.00 Show more Austria 25.00 25.00 25.00 25.00 25.00 25.00 25.00 25.00 25.00 25.00 25.00 Show more Azerbaijan - - - - - - - 20.00 20.00 20.00 20.00 Show more Bahamas 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Show more Bahrain 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Show more Bangladesh 27.50 27.50 27.50 27.50 27.50 25.00 25.00 25.00 25.00 25.00 25.00 Show more Barbados 25.00 25.00 25.00 25.00 25.00 25.00 25.00 25.00 30.00 5.50 5.50 Show more Belarus 24.00 24.00 18.00 18.00 18.00 18.00 18.00 18.00 18.00 18.00 18.00 Show more Belgium 33.99 33.99 33.99 33.99 33.99 33.99 33.99 33.99 29.00 29.00 29.00 Show more Benin - - - - - - - 30.00 30.00 30.00 30.00 Show more Bermuda 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Show more Bolivia 25.00 25.00 25.00 25.00 25.00 25.00 25.00 25.00 25.00 25.00 25.00 Show more Bonaire, Saint Eustatius and Saba - - 0.00 0.00 0.00 0.00 0.00 25.00 25.00 25.00 25.00 Show more Bosnia and Herzegovina 10.00 10.00 10.00 10.00 10.00 10.00 10.00 10.00 10.00 10.00 10.00 Show more Botswana 25.00 22.00 22.00 22.00 22.00 22.00 22.00 22.00 22.00 22.00 22.00 Show more Brazil 34.00 34.00 34.00 34.00 34.00 34.00 34.00 34.00 34.00 34.00 34.00 Show more Brunei Darussalam - - - - - - - 18.50 18.50 18.50 18.50 Show more Bulgaria 10.00 10.00 10.00 10.00 10.00 10.00 10.00 10.00 10.00 10.00 10.00 Show more Burkina Faso - - - - - - - 27.50 28.00 28.00 28.00 Show more Burundi - - - - - - - 30.00 30.00 30.00 30.00 Show more Cambodia 20.00 20.00 20.00 20.00 20.00 20.00 20.00 20.00 20.00 20.00 20.00 Show more Cameroon - - - - - 33.00 33.00 33.00 33.00 33.00 33.00 Show more Canada 31.00 28.00 26.00 26.00 26.50 26.50 26.50 26.50 26.50 26.50 26.50 Show more Cayman Islands 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Show more Chile 17.00 20.00 18.50 20.00 20.00 24.00 24.00 25.50 26.00 27.00 27.00 Show more China 25.00 25.00 25.00 25.00 25.00 25.00 25.00 25.00 25.00 25.00 25.00 Show more Colombia 33.00 33.00 33.00 25.00 25.00 25.00 25.00 34.00 33.00 33.00 32.00 Show more Congo - - - - - - - - - - 30.00 Show more Congo (Democratic Republic of the) - - - - - - - 35.00 35.00 35.00 35.00 Show more Costa Rica 30.00 30.00 30.00 30.00 30.00 30.00 30.00 30.00 30.00 30.00 30.00 Show more Croatia 20.00 20.00 20.00 20.00 20.00 20.00 20.00 20.00 18.00 18.00 18.00 Show more Curacao - 34.50 27.50 27.50 27.50 22.00 22.00 22.00 22.00 22.00 22.00 Show more Cyprus 10.00 10.00 10.00 12.50 12.50 12.50 12.50 12.50 12.50 12.50 12.50 Show more Czech Republic 19.00 19.00 19.00 19.00 19.00 19.00 19.00 19.00 19.00 19.00 19.00 Show more Denmark 25.00 25.00 25.00 25.00 24.50 22.00 22.00 22.00 22.00 22.00 22.00 Show more Djibouti - - - - - - - 25.00 25.00 25.00 25.00 Show more Dominica - - - - - - - 25.00 25.00 25.00 25.00 Show more Dominican Republic 25.00 29.00 29.00 29.00 28.00 27.00 27.00 27.00 27.00 27.00 27.00 Show more Ecuador 25.00 24.00 23.00 22.00 22.00 22.00 22.00 22.00 25.00 25.00 25.00 Show more Egypt 20.00 20.00 25.00 25.00 25.00 22.50 22.50 22.50 23.00 22.50 22.50 Show more El Salvador - - 30.00 30.00 30.00 30.00 30.00 30.00 30.00 30.00 30.00 Show more Estonia 21.00 21.00 21.00 21.00 21.00 20.00 20.00 20.00 20.00 20.00 20.00 Show more Ethiopia - - - - - - - 30.00 30.00 30.00 30.00 Show more Fiji 28.00 28.00 28.00 20.00 20.00 20.00 20.00 20.00 20.00 20.00 20.00 Show more Finland 26.00 26.00 24.50 24.50 20.00 20.00 20.00 20.00 20.00 20.00 20.00 Show more France 33.33 33.33 33.33 33.33 33.33 33.33 33.30 33.33 33.00 31.00 28.00 Show more Gabon - - - - - - - 30.00 30.00 30.00 30.00 Show more Gambia - - - - - - - 31.00 31.00 31.00 31.00 Show more Georgia - - - 15.00 15.00 15.00 15.00 15.00 15.00 15.00 15.00 Show more Germany 29.41 29.37 29.48 29.55 29.58 29.72 29.72 29.79 30.00 30.00 30.00 Show more Ghana - - - 25.00 25.00 25.00 25.00 25.00 25.00 25.00 25.00 Show more Gibraltar 22.00 10.00 10.00 10.00 10.00 10.00 10.00 10.00 10.00 10.00 10.00 Show more Greece 24.00 20.00 20.00 26.00 26.00 29.00 29.00 29.00 29.00 28.00 24.00 Show more Grenada - - - - - - - 30.00 30.00 28.00 28.00 Show more Guatemala 31.00 31.00 31.00 31.00 28.00 25.00 25.00 25.00 25.00 25.00 25.00 Show more Guernsey 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Show more Honduras 25.00 35.00 35.00 35.00 30.00 30.00 30.00 25.00 25.00 25.00 25.00 Show more Hong Kong SAR 16.50 16.50 16.50 16.50 16.50 16.50 16.50 16.50 16.50 16.50 16.50 Show more Hungary 19.00 19.00 19.00 19.00 19.00 19.00 19.00 9.00 9.00 9.00 9.00 Show more Iceland 18.00 20.00 20.00 20.00 20.00 20.00 20.00 20.00 20.00 20.00 20.00 Show more India 33.99 32.44 32.45 33.99 33.99 34.61 34.61 34.61 35.00 30.00 30.00 Show more Indonesia 25.00 25.00 25.00 25.00 25.00 25.00 25.00 25.00 25.00 25.00 25.00 Show more Iraq - - - 15.00 15.00 15.00 15.00 15.00 15.00 15.00 15.00 Show more Ireland 12.50 12.50 12.50 12.50 12.50 12.50 12.50 12.50 12.50 12.50 12.50 Show more Isle of Man 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Show more Israel 25.00 24.00 25.00 25.00 26.50 25.00 25.00 24.00 23.00 23.00 23.00 Show more Italy 31.40 31.40 31.40 31.40 31.40 31.40 31.40 24.00 24.00 24.00 24.00 Show more Ivory Coast - - - - - - - 25.00 25.00 25.00 25.00 Show more Jamaica 33.33 33.33 33.33 25.00 25.00 25.00 25.00 25.00 25.00 25.00 25.00 Show more Japan 40.69 40.69 38.01 38.01 35.64 33.86 30.86 30.86 30.86 30.62 30.62 Show more Jersey 0.00 0.00 0.00 0.00 0.00 20.00 20.00 20.00 20.00 0.00 0.00 Show more Jordan 14.00 14.00 14.00 14.00 14.00 20.00 20.00 20.00 20.00 20.00 20.00 Show more Kazakhstan 20.00 20.00 20.00 20.00 20.00 20.00 20.00 20.00 20.00 20.00 20.00 Show more Kenya - - 30.00 30.00 30.00 30.00 30.00 30.00 30.00 30.00 30.00 Show more Korea, Republic of 24.20 22.00 24.20 24.20 24.20 24.20 24.20 22.00 25.00 25.00 25.00 Show more Kuwait 15.00 15.00 15.00 15.00 15.00 15.00 15.00 15.00 15.00 15.00 15.00 Show more Kyrgyzstan - - - - - - - 10.00 10.00 10.00 10.00 Show more Latvia 15.00 15.00 15.00 15.00 15.00 15.00 15.00 15.00 20.00 20.00 20.00 Show more Lebanon - - - 15.00 15.00 15.00 15.00 15.00 15.00 17.00 17.00 Show more Libya 40.00 20.00 20.00 20.00 20.00 20.00 20.00 20.00 20.00 20.00 20.00 Show more Liechtenstein - 12.50 12.50 12.50 12.50 12.50 12.50 12.50 12.50 12.50 12.50 Show more Lithuania 15.00 15.00 15.00 15.00 15.00 15.00 15.00 15.00 15.00 15.00 15.00 Show more Luxembourg 28.59 28.80 28.80 29.22 29.22 29.22 29.22 27.08 26.01 24.94 24.94 Show more Macau 12.00 12.00 12.00 12.00 12.00 12.00 12.00 12.00 12.00 12.00 12.00 Show more Macedonia 10.00 10.00 10.00 10.00 10.00 10.00 10.00 10.00 10.00 10.00 10.00 Show more Madagascar - - - - - - - 20.00 20.00 20.00 20.00 Show more Malawi - - 30.00 30.00 30.00 30.00 30.00 30.00 30.00 30.00 30.00 Show more Malaysia 25.00 25.00 25.00 25.00 25.00 24.00 24.00 24.00 24.00 24.00 24.00 Show more Malta 35.00 35.00 35.00 35.00 35.00 35.00 35.00 35.00 35.00 35.00 35.00 Show more Mauritius 15.00 15.00 15.00 15.00 15.00 15.00 15.00 15.00 15.00 15.00 15.00 Show more Mexico 30.00 30.00 30.00 30.00 30.00 30.00 30.00 30.00 30.00 30.00 30.00 Show more Moldova - - - - - 12.00 12.00 12.00 12.00 12.00 12.00 Show more Monaco - - - - - - - 33.33 33.00 33.00 33.00 Show more Mongolia - - - - - - - 25.00 25.00 25.00 25.00 Show more Montenegro 9.00 9.00 9.00 9.00 9.00 9.00 9.00 9.00 9.00 9.00 9.00 Show more Morocco - - - 30.00 30.00 31.00 31.00 31.00 31.00 31.00 31.00 Show more Mozambique 32.00 32.00 32.00 32.00 32.00 32.00 32.00 32.00 32.00 32.00 32.00 Show more Myanmar - - - - - - - 25.00 25.00 25.00 25.00 Show more Namibia - 34.00 34.00 33.00 33.00 33.00 32.00 32.00 32.00 32.00 32.00 Show more Netherlands 25.50 25.00 25.00 25.00 25.00 25.00 25.00 25.00 25.00 25.00 25.00 Show more New Zealand 30.00 28.00 28.00 28.00 28.00 28.00 28.00 28.00 28.00 28.00 28.00 Show more Nicaragua - - - - - - - 30.00 30.00 30.00 30.00 Show more Nigeria 30.00 30.00 30.00 30.00 30.00 30.00 30.00 30.00 30.00 30.00 30.00 Show more Norway 28.00 28.00 28.00 28.00 27.00 27.00 25.00 24.00 23.00 22.00 22.00 Show more Oman 12.00 12.00 12.00 12.00 12.00 12.00 12.00 15.00 15.00 15.00 15.00 Show more Pakistan 35.00 35.00 35.00 35.00 34.00 33.00 32.00 31.00 30.00 30.00 35.00 Show more Palestinian Territory - - - - - - - 15.00 15.00 15.00 15.00 Show more Panama 27.50 25.00 25.00 25.00 25.00 25.00 25.00 25.00 25.00 25.00 25.00 Show more Papua New Guinea 30.00 30.00 30.00 30.00 30.00 30.00 30.00 30.00 30.00 30.00 30.00 Show more Paraguay 10.00 10.00 10.00 10.00 10.00 10.00 10.00 10.00 10.00 10.00 10.00 Show more Peru 30.00 30.00 30.00 30.00 30.00 28.00 28.00 29.50 29.50 29.50 29.50 Show more Philippines 30.00 30.00 30.00 30.00 30.00 30.00 30.00 30.00 30.00 30.00 30.00 Show more Poland 19.00 19.00 19.00 19.00 19.00 19.00 19.00 19.00 19.00 19.00 19.00 Show more Portugal 25.00 25.00 25.00 25.00 23.00 21.00 21.00 21.00 21.00 21.00 21.00 Show more Qatar 10.00 10.00 10.00 10.00 10.00 10.00 10.00 10.00 10.00 10.00 Show more Romania 16.00 16.00 16.00 16.00 16.00 16.00 16.00 16.00 16.00 16.00 16.00 Show more Russia 20.00 20.00 20.00 20.00 20.00 20.00 20.00 20.00 20.00 20.00 20.00 Show more Rwanda - - - - - - - 30.00 30.00 30.00 30.00 Show more Saint Kitts and Nevis - - - - - - - 33.00 33.00 33.00 33.00 Show more Saint Lucia - - - - - - - 30.00 30.00 30.00 30.00 Show more Saint Vincent and the Grenadines - - - - - - - 32.50 33.00 30.00 30.00 Show more Samoa 27.00 27.00 27.00 27.00 27.00 27.00 27.00 27.00 27.00 27.00 27.00 Show more Saudi Arabia 20.00 20.00 20.00 20.00 20.00 20.00 20.00 20.00 20.00 20.00 20.00 Show more Senegal - - - - - - - 30.00 30.00 30.00 30.00 Show more Serbia 10.00 10.00 10.00 15.00 15.00 15.00 15.00 15.00 15.00 15.00 15.00 Show more Sierra Leone - - - - 30.00 30.00 30.00 30.00 30.00 30.00 30.00 Show more Singapore 17.00 17.00 17.00 17.00 17.00 17.00 17.00 17.00 17.00 17.00 17.00 Show more Sint Maarten (Dutch part) - 34.50 34.50 34.50 34.50 34.50 34.50 34.50 35.00 35.00 35.00 Show more Slovakia 19.00 19.00 19.00 23.00 22.00 22.00 22.00 21.00 21.00 21.00 21.00 Show more Slovenia 20.00 20.00 18.00 17.00 17.00 17.00 17.00 19.00 19.00 19.00 19.00 Show more Solomon Islands - - - - - - - 30.00 30.00 30.00 30.00 Show more South Africa 34.55 34.55 34.55 28.00 28.00 28.00 28.00 28.00 28.00 28.00 28.00 Show more Spain 30.00 30.00 30.00 30.00 30.00 28.00 25.00 25.00 25.00 25.00 25.00 Show more Sri Lanka 35.00 28.00 28.00 28.00 28.00 28.00 15.00 28.00 28.00 28.00 28.00 Show more St Maarten - - - - - 24.50 34.50 34.50 35.00 35.00 35.00 Show more Sudan 15.00 35.00 35.00 35.00 35.00 35.00 35.00 35.00 35.00 35.00 35.00 Show more Suriname - - - 36.00 34.50 34.50 34.50 36.00 36.00 36.00 36.00 Show more Swaziland - - - - - - - 27.50 28.00 27.50 27.50 Show more Sweden 26.30 26.30 26.30 22.00 22.00 22.00 22.00 22.00 22.00 21.40 21.40 Show more Switzerland 18.75 18.31 18.06 18.01 17.92 17.92 17.92 17.77 18.00 18.00 14.84 Show more Syria 28.00 28.00 28.00 22.00 22.00 22.00 22.00 28.00 28.00 28.00 28.00 Show more Taiwan 17.00 17.00 17.00 17.00 17.00 17.00 17.00 17.00 20.00 20.00 20.00 Show more Tanzania 30.00 30.00 30.00 30.00 30.00 30.00 30.00 30.00 30.00 30.00 30.00 Show more Thailand 30.00 30.00 23.00 20.00 20.00 20.00 20.00 20.00 20.00 20.00 20.00 Show more Trinidad and Tobago - - 25.00 25.00 25.00 25.00 25.00 25.00 25.00 25.00 30.00 Show more Tunisia 30.00 30.00 30.00 30.00 25.00 25.00 25.00 25.00 25.00 25.00 25.00 Show more Turkey 20.00 20.00 20.00 20.00 20.00 20.00 20.00 20.00 22.00 22.00 22.00 Show more Turkmenistan - - - - - - - 20.00 20.00 20.00 20.00 Show more Turks and Caicos Islands - - - - - - - 0.00 0.00 0.00 0.00 Show more Uganda 30.00 30.00 30.00 30.00 30.00 30.00 30.00 30.00 30.00 30.00 30.00 Show more Ukraine 25.00 25.00 21.00 19.00 18.00 18.00 18.00 18.00 18.00 18.00 18.00 Show more United Arab Emirates 55.00 55.00 55.00 55.00 55.00 55.00 55.00 55.00 55.00 55.00 55.00 Show more United Kingdom 28.00 26.00 24.00 23.00 21.00 20.00 20.00 19.00 19.00 19.00 19.00 Show more United States 40.00 40.00 40.00 40.00 40.00 40.00 40.00 40.00 27.00 27.00 27.00 Show more Uruguay 25.00 25.00 25.00 25.00 25.00 25.00 25.00 25.00 25.00 25.00 25.00 Show more Uzbekistan - - - - - - 7.50 7.50 7.50 7.50 7.50 Show more Vanuatu 0.00 0.00 0.00 0.00 0.00 0.00 0.00 34.00 0.00 0.00 0.00 Show more Venezuela 34.00 34.00 34.00 34.00 34.00 34.00 34.00 34.00 34.00 34.00 34.00 Show more Vietnam 25.00 25.00 25.00 25.00 22.00 22.00 22.00 20.00 20.00 20.00 20.00 Show more Yemen 35.00 20.00 20.00 20.00 20.00 20.00 20.00 20.00 20.00 20.00 20.00 Show more Zambia 35.00 35.00 35.00 35.00 35.00 35.00 35.00 35.00 35.00 35.00 35.00 Show more Zimbabwe 25.75 25.75 25.75 25.75 25.75 25.75 25.75 25.00 25.00 25.00 24.00 Show more First off, including tiny countries and and underdeveloped and poor countries is ridiculous. Do you see lots of corporations moving to Vanatau? And these are nominal tax rates. Not actual effective tax rates. US corporations use all sorts of tricks to escape taxation. What was Amazon's effective tax rate? "In 2018, Amazon posted income of more than $11 billion, but the company paid $0 in federal taxes. In fact, thanks to tax credits and deductions, Amazon actually received a federal tax refund of $129 million. That was a year after Amazon received a $137 million refund from the federal government for 2017" Big Tech Companies Used Legal Loopholes to Avoid Over $100 Billion in Taxes. How Does That Affect the Industry's Future? | Fortune A New Report Claims Big Tech Companies Used Legal Loopholes to Avoid Over $100 Billion in Taxes. What Does That Mean for the Industry’s Future? 4 Link to comment Share on other sites More sharing options...
placeholder Posted November 25, 2020 Share Posted November 25, 2020 3 minutes ago, Showtime said: By that statement, somehow none of the 55% of Americans are in the lower 90%. If we assume all of the top 10% own stocks doesn't that mean half of the lower 90% own stock. Here is some Pew Research data for our genius. How exactly does claim that 84% of stock is owned by the top 10% signify that the bottom 90% own nothing? There's still 16% left. 1 Link to comment Share on other sites More sharing options...
Popular Post Showtime Posted November 25, 2020 Popular Post Share Posted November 25, 2020 6 minutes ago, placeholder said: How exactly does claim that 84% of stock is owned by the top 10% signify that the bottom 90% own nothing? There's still 16% left. Where exactly did the 84% come from? What is being smoked in someone's house at the moment? I think there is a reading comprehension problem there too. 2 1 1 Link to comment Share on other sites More sharing options...
Showtime Posted November 25, 2020 Share Posted November 25, 2020 11 minutes ago, placeholder said: First off, including tiny countries and and underdeveloped and poor countries is ridiculous. Do you see lots of corporations moving to Vanatau? And these are nominal tax rates. Not actual effective tax rates. US corporations use all sorts of tricks to escape taxation. What was Amazon's effective tax rate? "In 2018, Amazon posted income of more than $11 billion, but the company paid $0 in federal taxes. In fact, thanks to tax credits and deductions, Amazon actually received a federal tax refund of $129 million. That was a year after Amazon received a $137 million refund from the federal government for 2017" Big Tech Companies Used Legal Loopholes to Avoid Over $100 Billion in Taxes. How Does That Affect the Industry's Future? | Fortune A New Report Claims Big Tech Companies Used Legal Loopholes to Avoid Over $100 Billion in Taxes. What Does That Mean for the Industry’s Future? Try looking at the European average. Following the tax code is not a trick. If you don't like how the tax code is written then change it. Anyway, this debate was over the tax rate, not the effective tax rate or deductions corporations take. 1 Link to comment Share on other sites More sharing options...
Scott Posted November 25, 2020 Share Posted November 25, 2020 Improperly formatted post removed. Link to comment Share on other sites More sharing options...
placeholder Posted November 25, 2020 Share Posted November 25, 2020 3 minutes ago, Showtime said: Try looking at the European average. Following the tax code is not a trick. If you don't like how the tax code is written then change it. Anyway, this debate was over the tax rate, not the effective tax rate or deductions corporations take. Try looking at US GDP per capita vs. European GDP per capita And as for your ridiculous comment about the debate being over "the tax rate, not the effective tax rate or deductions corporations take." Really? What have you got against reality? Link to comment Share on other sites More sharing options...
Showtime Posted November 25, 2020 Share Posted November 25, 2020 2 minutes ago, placeholder said: Try looking at US GDP per capita vs. European GDP per capita And as for your ridiculous comment about the debate being over "the tax rate, not the effective tax rate or deductions corporations take." Really? What have you got against reality? My original comment was Trump lowered the tax rates for corporations and I supported that, but if you want to talk effective tax rates then we can as soon as you post some data about effective tax rates across multiple countries. Link to comment Share on other sites More sharing options...
candide Posted November 25, 2020 Share Posted November 25, 2020 10 minutes ago, Showtime said: Where exactly did the 84% come from? What is being smoked in someone's house at the moment? I think there is a reading comprehension problem there too. According to Goldman Sachs, it's even worse: the top 10% own 88% of stocks "As of September 2019, the bottom 90 per cent owned US$4.6 trillion of equities, or 12 per cent of the total, the analysts noted." And what about the top 1%? "Three decades ago, ownership was also lopsided, but the top percentage point of Americans by wealth only controlled 46 per cent of all U.S. equities held by households. By the end of September 2019, that proportion had hit a record 56 per cent" https://financialpost.com/investing/how-americas-1-came-to-dominate-stock-ownership 1 Link to comment Share on other sites More sharing options...
placeholder Posted November 25, 2020 Share Posted November 25, 2020 8 minutes ago, Showtime said: My original comment was Trump lowered the tax rates for corporations and I supported that, but if you want to talk effective tax rates then we can as soon as you post some data about effective tax rates across multiple countries. I'll look for it. But I notice that you still have not supplied any data to support your contention that lowered tax rates on corporations somehow actually increased tax revenues. Also, even if it turns out that US effective tax rates are higher, that means little if US GDP growth is greater than in comparable economically developed nations. Which i believe it mostly has been predating Trump's tax cuts. Link to comment Share on other sites More sharing options...
Scott Posted November 25, 2020 Share Posted November 25, 2020 Troll post removed. Link to comment Share on other sites More sharing options...
Showtime Posted November 25, 2020 Share Posted November 25, 2020 2 hours ago, candide said: According to Goldman Sachs, it's even worse: the top 10% own 88% of stocks "As of September 2019, the bottom 90 per cent owned US$4.6 trillion of equities, or 12 per cent of the total, the analysts noted." And what about the top 1%? "Three decades ago, ownership was also lopsided, but the top percentage point of Americans by wealth only controlled 46 per cent of all U.S. equities held by households. By the end of September 2019, that proportion had hit a record 56 per cent" https://financialpost.com/investing/how-americas-1-came-to-dominate-stock-ownership That is a pretty obvious conclusion. The wealthy by definition have more money to invest. It is no different than how much of the wealth in the US is held by the wealthy. No surprise. Still people from all income levels benefitted from the corporate tax cut. Link to comment Share on other sites More sharing options...
Popular Post Walker88 Posted November 26, 2020 Popular Post Share Posted November 26, 2020 1 hour ago, Showtime said: Still people from all income levels benefitted from the corporate tax cut. It depends on what the meaning of "benefited' is. Short term can always look good. The next door neighbor can get a new pick-up, remodel the kitchen, buy a bass boat, and look flush, but if he did it by max'ing out credit cards and taking a home equity loan, it's Potemkin Success. The bills come due. Under 45 US National Debt has soared 40%. The total National Debt in the first 240 years of the US came to $19.4 trillion. A mere 4 years later, or 1.6% of the US' existence, National Debt is $27.3 trillion. Under 45, due to a combination of the tax cut and slow growth, the debt grew $7,800,000,000,000. Any GDP growth the US has had is purely debt driven, just like the apparent 'success' of the neighbor max'ing out his credit. Debt growth also dwarfs GDP growth. That is inefficient. Yea, 'debt doesn't matter'. Until it does. Everybody better have a lot of kids, because somebody has to pay for what we're now spending. The Fed has tried to 'help' by monetizing some of that debt, which is to say it conjures money from nothing. All well and good, but there is a marginal dollar that renders every other dollar in existence worthless. Nobody knows where that dollar is nor when the Fed will conjure it, but it is there. Monetary confidence is like virginity: once it's gone, it's gone. The US, and probably the entire world, is playing with fire. Under 45 many extra cans of petrol entered the room and there's an open flame not far away. 4 1 Link to comment Share on other sites More sharing options...
billd766 Posted November 26, 2020 Share Posted November 26, 2020 17 hours ago, Isaan sailor said: Can’t wait for the Green New Deal. Will we have solar powered airliners? They are being worked now but are still in the experimental stage. Perhaps in the 2030s depending on how much effort and money is applied. 2 Link to comment Share on other sites More sharing options...
Selatan Posted November 26, 2020 Share Posted November 26, 2020 On 11/25/2020 at 9:48 AM, GinBoy2 said: China is a real threat to all democracies, and if I were Biden that would be my #1 foreign policy issue , rather than the buckshot approach of the Trump administration. If this pandemic had taught me anything is that Western-style democracy is the stupidest system ever. Over here in Malaysia, back in February, our Covid-19 numbers were very low. The first wave was nothing. And then some federal government MPs decided to jump to another party and that party pulled out of the ruling coalition, and so the ruling government fell. During that political crisis, politicians got distracted. A huge religious gathering in the capital was nonchalantly approved which caused a massive spike in the number of cases. The new prime minister took some time to form a new cabinet but later took drastic measures to lock down and numbers went down to very few local cases. In July, when we thought everything was under control, opposition politicians in the state of Sabah managed to pull some of the ruling government's assemblymen to their side. Not willing to lose his post, the chief minister got the assembly dissolved and a new state election was called. During election campaigning and on voting day, social distancing rules were largely ignored. And so a huge spike in the number of cases in Sabah happened. Because of the huge rise in infected cases, the sensible thing should be to avoid travelling to Sabah and to impose a quarantine after returning. But because many politicians from the Peninsula wanted to help out in the campaigning in Sabah, they didn't want to be quarantined upon returning to Kuala Lumpur, so no quarantine rule was imposed. And now we have 4-digit infections every day nationwide. What's the point of voting every few years if elected representatives could anytime jump to another party, or a party to another coalition? China may be a threat to democratic countries not because it is seeking to change the political system of other countries but because this pandemic had shown that the political systems of most countries in the world were really lousy. Link to comment Share on other sites More sharing options...
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