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shiftless2 Profile
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Re: "You all just got a lot richer," Trump tells friends


You haven't been paying attention.

Look here

The announcements about bonuses etc make good press but that's about it.
12/28/2017, 1:35 pm Link to this post PM shiftless2 Blog
 
cooter50 Profile
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Re: "You all just got a lot richer," Trump tells friends


OK so then what is your answer? To tax the 'Rich' you have to first put dollar figures on that, then you have to define levels of taxation which will infiltrate and damage Middle Class buying power.

Currently in IL, CA, MI, states with HIGHER corporate tax rates they are seeing a mass migration OUT, not in, to recover the lost taxes they tax the remaining ever harder and they too begin to leave, the industries leave that leaves the people so they hit that mark next until the turnip dries up. So what Pray Tell, is your response as 'Trickle Down' fails tax wise as well as income wise by the definitions put in prior posts.
12/28/2017, 3:46 pm Link to this post PM cooter50 Blog
 
Yobbo Profile
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Re: "You all just got a lot richer," Trump tells friends



Alternet Oped


Ultimately, Trump's presidency represents the culmination of a right-wing movement that has been underway for nearly half a century.
12/28/2017, 6:11 pm Link to this post PM Yobbo
 
shiftless2 Profile
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Re: "You all just got a lot richer," Trump tells friends


quote:

cooter50 wrote:

Currently in IL, CA, MI, states with HIGHER corporate tax rates they are seeing a mass migration OUT, not in ...



So show us where the workers in those companies that have moved are better off (i.e., better paid) than they were before they moved - if they aren't then it would appear that trickle down has failed.

12/28/2017, 7:24 pm Link to this post PM shiftless2 Blog
 
katie5445 Profile
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Re: "You all just got a lot richer," Trump tells friends


I don't see any "mass migration" CA. gained 6.1% from 2010-2017, MI., gained 0.8% in the same time period and IL. lost 0.2%.
12/28/2017, 7:33 pm Link to this post PM katie5445 Blog
 
cooter50 Profile
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Re: "You all just got a lot richer," Trump tells friends


Odd, would like to see where your numbers come from:

https://www.ocregister.com/2017/04/23/leaving-california-after-slowing-the-trend-intensifies/
12/28/2017, 7:57 pm Link to this post PM cooter50 Blog
 
shiftless2 Profile
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Re: "You all just got a lot richer," Trump tells friends


cooter, that article doesn't explain the drivers behind the exodus. Things like housing costs for example. And then there are companies relocating because of the cost of their Workers Compensation premiums in California as opposed to across the border in an adjacent state.
12/29/2017, 6:14 pm Link to this post PM shiftless2 Blog
 
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Re: "You all just got a lot richer," Trump tells friends


www.census.gov/quickfacts/fact/table/CA
or IL. or MI. or any state.
12/29/2017, 6:14 pm Link to this post PM katie5445 Blog
 
cooter50 Profile
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Re: "You all just got a lot richer," Trump tells friends


Like the super inflated CA housing prices as "Everyone wants to live here" retort from realtors? Or the fact the state taxes the crap out of every citizen due to those Inflated values? Or the fact the mass exodus from CA to the DFW region of TX as those companies tire of CA politics and taxes to seek less cost to have a facility and employees?

https://www.dallasnews.com/business/business/2017/06/07/dallas-fort-worthlands-22-companies-years-fortune-500
12/31/2017, 12:25 am Link to this post PM cooter50 Blog
 
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Re: "You all just got a lot richer," Trump tells friends


I pay 9% state tax in OR. 3% less than I would pay in CA., although none in TX., I wouldn't live there if you paid me, gave me the land and a house on it! Unless maybe it included an oil well and I didn't have to live there!
12/31/2017, 5:25 pm Link to this post PM katie5445 Blog
 


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