Another Big Reason to Keep Trump Out of the White House

I do and people in this country are far better off as a result of capitalism. Those who whine about it tend to be those who think that they should be doing better rather than understanding their own failings

 

If capitalists don't care about 'fairness', why do they constantly complain about & oppose increased spending on public programs?

 

I'm doing just fine. But I'm not the only one in this country or on this planet. We need to learn to share this planet & its resources with other inhabitants & life-forms in a more harmonious way. If we don't, we'll experience what we're already experiencing - the collapse of civilization.

 

So you're not aware of what Trump has said about these dictators?

 

Not just capitalists making that complaint - tax payers of all sides are complaining

 

Make that 6 corporations he bankrupted, including several casinos - and he did that despite inheriting his dad's real estate company, Trump Organization, as well as $400 million from his dad.

Trump left stakeholders hanging, deprived employees of salary/wages, didn't pay contractors, deprived investors of any returns, and fought the lawsuits so that he would have to pay less.

Trump deliberately maneuvered his contractual obligations so that he could steal from those he owed money to. He's nothing more than a glorified con man & thief.

Good. I hope AI takes over most jobs since most jobs already suck. Besides, the private sector is not important. The public's well-being should be top priority because that's where labor and innovation originates.

 

It is obvious that capitalism is a superior system as opposed to socialism which has a very long history of failure

 

Wealthy taxpayers (if they're paying, or paying enough) want free govt handouts & infrastructure allowing them to get rich & operate a business - but they don't want to pay into it. As an example, Trump didn't pay federal income taxes for 10 of 15 years, and only $750 in 2016 & 2017. He also held several foreign bank accounts as tax havens. Corporations love & depend on corporate welfare - ie, subsidies, tax cuts, bailouts, free research, grants, loans, business/patent protections, military security in foreign lands, and defense/other contracts - all at taxpayer expense.

Working class taxpayers who might be complaining about higher taxes (if they are indeed being taxed more) are upset because they're finding it harder to pay the bills. However, what they should be complaining about is not higher taxes, but rather where those taxes are going. This is where corporate welfare, defense spending, and other wasteful spending that benefits private interests comes into play.

Increased tax expenditures becomes a necessity also just to fix the problems created by the private sector & to forestall a socio-economic collapse caused by the same. The govt should not indulge in any manner in the wishes of private interests, yet they continue to over-indulge.

 

You're still not comprehending anything I've said.

 

If that were a good reason for him not to be president, then Obama shouldn't have been in office...

https://www.nbcchicago.com/news/loc...55000-for-security-at-campaign-event/1947766/

 

Depends on which candidates are running. Between Obama & Trump, I'd take Obama (or anyone else, animal, or object) any day.

 

If Trump stiffed all his contractors, no one would ever work for him. But, contractors still do work for him.

Now, either the stiffing contractors is another hoax, or it's a handful of contractors that weren't paid because they didn't fulfill their end of the deal.

 

So, it all boils down to: you hate the Bad Orange Man?

 

About the only places where civilization is in jeopardy these days are in the communist controlled countries. It happens time after time. The communists take over, and famine and shortages are the result, but the far leftists never learn. They refuse to listen to anyone else because for them communism and “equity” are the only solutions.

 

Reasons to keep trump out of the white house:
-Leftists squeeze their eyes shut really really really hard and imagine trump grabbing them by the *****.

Reasons to keep Harris out of the White House:
-She has literally ****ed up everything the current administration has been responsible for.

Choose wisely.

 

nonsense.

Nope, he paid quarterly estimated pre-payments. the $450 was just the final payment.

Proof?

classic LW rambling hogwash.

Close to 50% of working class payer pay no tax, and some receive free money.

Over 60% of tax revenue goes towards paying working class benefits.

Nonsense.

 

The 'final payment' of exactly what figure? Unless you can provide a citation that says otherwise - and also show me exactly how much net tax he did pay in those two years - Trump paid only $750 in net tax on his income. Note that in 2016, Trump reported only $978 in wages for that year.

Further, in 2020, he paid nothing in net tax, but reported millions in losses (believe it or not) during his time as president when he was actually making more money from his foreign properties (including millions from China) & other businesses. He got away with his tax dodging by claiming net operating losses and carrying them forward to the next year - which he did in 2015, for example, when he extended the $105 million in losses from the previous year and ended up paying only $641,931 in federal income taxes. Trump paid a total of ~$1.1 million in federal income taxes from 2016 - 2019, which was paid in one year. He paid nearly $1 million in 2018, and $133,445 in 2019.

He and his wife personally & jointly claimed large deductions & losses and paid little or no income tax in several of those years.

The IRS also didn't audit Trump's taxes during the first 2 years of his presidency, and this prompted the House Ways and Means Committee in 2019 to vote for the public release of his tax forms. Why is it that other presidents were willing to hand over their tax forms, but not Trump? Is this the behavior of a person who has nothing to hide?

Trump said on taxes, "I fight like hell to pay as little as possible." And his campaign manager Corey Lewandowski said about Trump, “Every deduction possible – he fights for every single dollar."

Full List of Trump's Foreign Bank Accounts
https://www.newsweek.com/full-list-trumps-foreign-bank-accounts-1770459

Trump has profited from companies that stash cash abroad
https://www.cbsnews.com/news/trump-puts-his-money-in-companies-that-stash-cash-abroad/

Trump’s tax reforms won’t bring back offshore money – he is just creating another tax haven in the US
Trump denies using offshore companies: “I don’t use them. Honestly, I think they’re more trouble than they’re worth – highly over-rated”. But that is not strictly true. In 1994 he set up an offshore company called DJ Aerospace Ltd in Bermuda, and also transferred 110 registered or pending trademarks to a holding firm in Delaware which experts regard as a tax haven inside the USA because it is so secretive and can help you avoid tax in other states.
https://www.the-independent.com/voi...-cayman-islands-paradise-papers-a8157386.html

Trump had foreign bank accounts in China, UK and Ireland as president and one year paid more foreign tax than US
Donald Trump had foreign bank accounts in China, the UK, Ireland and St Maarten during his presidency, and in his first year in the White House paid more foreign tax than US, his returns have shown. In 2017, Trump’s foreign financial interests were still apparently quite strong; he paid more than $1m in tax to other countries that year. But at the same time, his domestic efforts to shield himself from taxes were in full swing too, and he paid less than $1,000 for the year in federal income taxes.
https://www.the-independent.com/new...s/trump-tax-return-foreign-bank-b2253713.html

Leaked documents (the "Paradise Papers") reveal Trump's presidential inner circle are also heavily involved in offshore tax havens:

The wealthy men in Trump's inner circle with links to tax havens
Gary Cohn - Trump’s chief economic adviser
Rex Tillerson - The US secretary of state
Steven Mnuchin - US Treasury secretary
Randal Quarles - Trump’s vice-chairman for supervision at the Federal Reserve (the administration’s most senior banking watchdog)
Jon Huntsman - Trump's ambassador to Russia
Kenneth Juster - Trump’s ambassador to India
Carl Icahn - special adviser to the president
Tom Barrack - chairman of Trump’s inaugural committee
Jay Clayton - Trump’s SEC chairman
Ben Carson - Trump’s housing and urban development (HUD) secretary
http://www.politicalforum.com/index...the-white-house.622222/page-2#post-1075054449

Another player in Trump's inner circle - Wilbur Ross:

Paradise Papers: Tax haven secrets of ultra-rich exposed
Wilbur Ross - Trump's commerce secretary (helped stave off bankruptcy for Donald Trump in the 1990s and was later appointed Commerce Secretary. Ross has retained an interest in a shipping company, Navigator Holdings (via Cayman Island companies), which earns millions of dollars a year transporting oil and gas for a Russian energy firm whose shareholders include Vladimir Putin's son-in-law and two men subject to US sanctions.It will again raise questions about the Russian connections of Donald Trump's team.
https://www.bbc.com/news/uk-41876942

This is a typical right-wing talking point that's doesn't jive with reality. You're leaving out the type of tax, as well as context - which alters the actual % not paying federal income tax, the demographics of those who don't pay, and other misconceptions typical of right-wing propaganda.

Five Myths About the 47 Percent (pdf)
https://www.urban.org/sites/default/files/publication/26506/901527-Five-Myths-About-the-Percent.pdf

Misconceptions and Realities About Who Pays Taxes
https://www.cbpp.org/research/misconceptions-and-realities-about-who-pays-taxes

(1) This is irrelevant to the point I made about corporate welfare, defense spending, and other wasteful spending that benefits private interests. Corporations & private interests don't need benefits (though they always beg for them), and defense spending needs to be considerably slashed (which private interests would also aggressively oppose).

(2) The economy benefits more & is stimulated when more taxpayer revenue ends up in the pockets of the working class than it would in the hands of the private sector. This is because the money will remain in better circulation, rather than being increasingly concentrated in non-taxable assets/investments. When people have more money, they spend more on products/services, which then increases the circulation of money, businesses thrive, and jobs grow.

(3) Another, and more important, point you ignore is that corporate/private interests create the very socio-economic conditions that subsequently create the need for the govt to provide social benefits/support for the working class & poor. If it were not for these social programs, the nation would collapse under the growing burden of capitalism with an overpopulation of potential workers who are too physically/mentally sick, too stressed, homeless, and/or too drugged out to be of any benefit to themselves or others. It is socialism that continues to bailout capitalism in its persistent failures. Capitalist systems (including empires) eventually fall because they're not sustainable systems. And this makes them naturally self-destructive - which is a good thing.

 

The usual cop-out reply when there's no way to defend Trump's criminal history & character.

 

Except there's one problem with your argument. There are no 'communist' nations.

 

Best reason to vote for Harris: She's not Trump - which means she's not insane, not a dictator-wannabe, not a rapist & sexual predator, not a career criminal, not a felon, and not an insurrectionist.

Enough reason for me.

 

Whatever. Too much blather, partisan/ideological bushwa.

 

Since there is no list on why dems are better for the country, you have no choice.

 

Just a common sense question..... If a builder stiffs so many people, how does he continue to find good contractors to work for him? As a small time builder myself I found the only road to success was to find subs I liked and treat them well. That is why I take your accusations with a grain of salt. You know sub contracters do talk.

 

I wanna know since when did we Americans become such cowards? We’re afraid to talk to the Xi’s, Putin’s and Kim Jongs of the world.


And we’re picking issues with Hungary because…What exactly?

Sometimes I wish we weren’t protected by the oceans and natural distance between us/Europe so we could think more logically.

Our distance allows us to do whatever we want with very little consequence. It also means alienating others for very little benefit

 

Oh? I thought the Cuba and Venezuela were operating under the Communist System.

China is the “gold standard.” You progressives would love to have that system where those who don’t agree or knuckle under to your demands are imprisoned or eliminated. Chana has had just enough capitalism to to make it prosper, but under Xi, who is a Maoist want to be, the country is sliding backward. That could be the one factor that could save us given the weakness and complicity of the Biden administration.