DawgTalkers.net Forums DawgTalk Palus Politicus How Tax Reform Keeps Defying the Skeptics and Gaining Support

Tax reform continues to gain public support and drive record optimism, even as Washington Democrats still insist it’s all just ”crumbs”:

-“Tax Overhaul Gains Public Support, Buoying Republicans. The tax overhaul that President Trump signed into law now has more supporters than opponents. . . ‘Public opinion is moving in the direction of this bill,’ said Jon Cohen, chief research officer for SurveyMonkey. ‘Considering where it was, it is dramatically different.’” (The New York Times)

-“U.S. Consumer Sentiment Jumps After Tax Cuts Blunt Stock Gyrations. The rise in sentiment, which surpassed the forecasts of all analysts surveyed by Bloomberg, comes as Americans’ paychecks are getting bigger due to the implementation of tax cuts. . .” (Bloomberg)

-“Small-business confidence hits record high in 2018 after Trump tax-reform win. . . . Small-business confidence is surging in 2018 as optimism rises among small-business owners about the newly enacted tax-reform package. . .” (CNBC)

https://www.speaker.gov/general/how-tax-reform-keeps-defying-skeptics-and-gaining-support

Reaching again... source = Paul Ryan? LMAO!

It will be okay 40. Maybe i will search for positive news about trump for you. I don't want you cracking up under the pressure.

Hey, he's banning bump stocks, that's a positive!

Way to go Trump!

There 40, feel better now?

Try reading it again, all the sources are listed.

It's a feel good piece on 'speaker.gov'! GMAB lol

The rise in sentiment, which surpassed the forecasts of all analysts surveyed by Bloomberg, comes as Americans’ paychecks are getting bigger due to the implementation of tax cuts under legislation signed by President Donald Trump in December.


The increase is also consistent with data on solid hiring and rising wages released by the Labor Department earlier this month. Some 35 percent of respondents gave favorable references to government policies, matching January as the highest level in more than a half century, according to the report. Most of the positive news involved changes to tax policies and employment gains, while just 6 percent cited negative references to stock prices.

https://www.bloomberg.com/news/articles/...stock-gyrations

Small-business confidence hits record high in 2018 after Trump tax-reform win

Small-business confidence is surging in 2018 as optimism rises among small-business owners about the newly enacted tax-reform package, according to the latest CNBC/SurveyMonkey Small Business Survey, released Tuesday.

https://www.cnbc.com/2018/02/20/small-bu...reform-win.html

Let's keep this real here.

Survey Monkey is a website that any random person can use to make up any dumb survey. It isn't scientific. It isn't even a very good survey site.

I know this because I used this site in the past for my business. Before I implemented my own polling system that can actually enforce things such as "You can only vote once".

I would not trust any survey from that site. Or want to believe any "News Source" connected to it.

Sorry.

CNBC/SurveyMonkey Small Business Survey

CNBC is highly reputable and is working with SurveyMonkey on this report.

Survey Monkey is a joke.

That was my point.

And CNBC stands by this report.

That was my point.

Doesn't say much for CNBC then does it!

The CNBC/SurveyMonkey online poll was conducted Jan. 29 through Feb. 5, 2018, among a national sample of 2,080 self-identified small-business owners ages 18 and up, across a wide swath of industries. Respondents were selected from the nearly 3 million people who take surveys on the SurveyMonkey platform each day using its online polling methodology. Responses have a margin of error of +/- 3.5 percentage points.

-CNBC

https://www.cnbc.com/2018/02/20/small-bu...reform-win.html

That doesn't really mean anything.

You can vote multiple times fairly easily.

Thus corrupting the results.

How many russian bots did they choose from their "3 million people who take surveys daily"

All this really means is that they are a business partner in some aspect.

ok.

I thought Trumpians didn't believe in them there polls?

Bad News For Dems: The GOP Tax Cuts Are Getting More Popular By The Day

The Republican tax reforms are growing increasingly popular as people start to realize the benefits. For Democrats who unanimously opposed these tax cuts, this can't be good news.


This week, Home Depot (HD), Starbucks (SBUX) and Walt Disney (DIS) announced that they were handing out bonuses or raises — or both — as a direct result of the GOP's tax cut.

Home Depot is giving hundreds of thousands of hourly employees what it calls "tax reform bonuses" of up to $1,000. Starbucks is lavishing $250 million in pay raises and stock grants on 150,000 workers, also crediting the tax cuts. At Disney, 125,000 workers are getting a $1,000 bonus, and the company is investing another $50 million in employee education programs.

These companies join more than 240 others — many of them household names like Apple (AAPL), Wal-Mart (WMT), AT&T (T), Auto Nation (AN), Boeing (BA), Comcast (CMCSA), Southwest Airlines (LUV) and Verizon (VZ) — that have already done so, putting more money in the pockets of at least 3 million workers.

This string of tax-cut-related good news is just beginning.

https://www.investors.com/politics/editorials/tax-cuts-bonus-raises-democrats-oppose/

Well if you only have one victory drum to beat, beat it to death... lol

Trump is destroying America, BUT TAXES, he did taxes, and uh taxes, yep taxes... lmao

My taxes are going up by 10%. More withholding is being taken out of my paychecks for 2018.

Not good news, and being a dem has nothing to do with it.

I am saving 720.00 this year on my taxes - my wife is set to save a little over 800.00.

Thank you Trump!

You are welcome!

Oops.

I'll be worse off by about $2100 if H&R Block's tax calculator calculator is correct.

I assume it is close, because it was was pretty spot on for the taxes I just filed.

I'm still waiting for my $600 bucks I asked Portland to send to me. He said it didn't mean anything to him.

Lowest unemployment rate in 45 years. American companies coming back home, Illegals slowing down and many other things and uh taxes, yep taxes

Was that at filing time or what the increase in your paycheck was? ...

There’s a lot going on here ... how did u come up with those figures? ...

Shoot me a PM if u want ...

Oh ... and i almost forgot ...

I LOVE THE TRUMPSTER!!!!

CHA-MOTHERHUCKIN CHING!!!!!!!!!

Just like thier DEMOCRATIC HEROES ...

They’d rather see TRUMP FAIL than AMERICA PROSPER!!!!!

That's just my paycheck difference. I haven't even accounted for next years filing. just more chocolate chips for the cookies

There are also a lot of companies giving their employees nice bonuses; Wal-Mart, Lowes, Smuckers, among others. Put an extra $2000 or so (tax cut and bonus) in the pocket of someone making $20,000, and that's a nice increase.

the 720.00 and over 800 my wife will less in INCOME taxes alone are just out of our checks. We also will get an extra 1000.00 credit for our son - and owe less when its all said and down as well. Right now, I am banking at least 2520.00 due to tax reform. Thank you TRUMP

Australia's Malcolm Turnbull likes President Trump's tax cuts:

complimenting Trump’s tax decision to cut taxes, calling it “one of the most powerful arguments” he is using to persuade lawmakers to cut business taxes back home.

https://www.washingtontimes.com/news/2018/feb/23/trump-turnbull-praise-each-other-on-immigration-an/

Well so much for the Libs telling us the world is laughing at us.

Sure guys.

Go ahead and brag about your tax cuts.

But there’s another side of the coin.

My monthly vacation/booze entitlement was cut by 5%.

Now how am I supposed to make ends meet?

Sorry to hear that but perhaps you could become a Socialist and spend other peoples money for that stuff.

Our president is a racist game show host who wears a wig that makes him look like a clown and who is so dumb that his reaction to a school shooting was "we should put ratings on movies so young kids can't see violent movies".

Of course the world is laughing at us.

I'm glad to see so many on the right are happy with their scraps. Over a trillion dollars in wealth shifts to the top and you guys are doing backflips over a few extra dollars in your check or a few thousand.

I don't think you remember that this tax bill gutted Obamacare and that will inevitably drive up the costs of your healthcare. Add in the passed on cost of these so called bonuses and raises, the inflation that is coming for sure, and a rate increase at the fed... We'll be lucky if we get to keep the scraps handed out.

Adding salt to the wound, YOUR tax relief is temporary. The tax cuts for the elite and big business is permanent.



A fitting quote for this sideshow.

No, that’s how you chose to frame what I said so you could argue.
What I said is, for me, $600 is not life changing or budget altering. I’d say that for most middle class people, living within their means, it would not be ‘life altering’. Welcome of course, but not budget altering.
Would I turn it down? No, of course not. But it’s not paying off my mortgage, or my car. It’ll just get absorbed into my savings account. It’s not enough for a vacation. For those with kids I’m not sure you could take a family of 4 into Disney for the day for that much.
Personally, could I fly to Hawaii with it? Yes, but I can do that now. And $600 would only get me there. Not cover the cost of anything once there. So if one weren’t planning Hawaii before the $600, it likely wouldn’t change that outlook.
What I’m saying is it’s $50 a month. It’s not life altering. I never said it was nothing.
Personally I’d have no problem returning it if I knew that my, my parent’s, my sibling’s, your family’s, GM’s, etc healthcare needs were taken care of through a single payer system.
See I don’t see taxes as a problem. They’re the price of a civilized society. What I have a bigger problem with is what our government chooses to spend that money on currently. Because it isn’t you and me. Our military budget is bloated beyond need. Meanwhile our infrastructure crumbles and our healthcare cost skyrocket out of control. That $600 is barely a dent in my $5000 deductible.
Just look at the corporate tax cuts to see where congress’ loyalty lies.
$600? Meh. That’s ‘couch cushion’ chump change compared to the tax cut the 1% and the corporate rulers got.

Invest like a Man...

In the 1960s, when Berkshire Hathaway first began trading publicly, shares cost about $11. Today, it’s at $301,404, for a gain of two million percent.

What market are you buying in?
Berkshire last traded at $202.76 per share.

I trade in the United States of America.
New York Stock Exchange.

Market summary > Berkshire Hathaway Inc. Class A
NYSE: BRK.A - Feb 23, 4:40 PM EST
$304,020.00USDPrice increase $2,616.00 (0.87%)

You must be dreaming of some Socialist Future.

Or perhaps you didn't realize there is a class A and class B for Berkshire.
The primary difference between Berkshire Hathaway's Class A stock (BRK-A) and Class B stock (BRK-B) is the share price. As of January 2018, Berkshire Hathaway Class A is trading for around $304,180 a share versus $202 for the Class B shares.