Senate Democrats have proposed a $430 billion cash infusion for schools and child-care programs, but the White House has shown little interest. During a TV interview on Monday, National Economic Council director Larry Kudlow indicated that President Trump is more concerned about making sure the next stimulus package has a capital-gains tax cut than funding for schools and child care.
Yeah, that's what all the people out of work need. A capital-gains tax cut.
Tax capital the same as labor!
Why is this not a movement??
Re: The Nation's Financial Condition
Posted: Mon Jul 13, 2020 10:28 pm
by Farfromgeneva
I’ve been arguing for parity for more than a decade. I still don’t loathe Bush but it was pretty evident within 2 or so years of his reduction in cap gains that it skewed away from productive activity and favored capital too much. buybacks are legal and rational but not productive as much as I’d wish they were. Having an arcane tax code that allows for all sorts of arbitrage and frictions that are net losers for the country collectively.
Every law, regulation, etc favors one party over another. Parity levels the field.
Re: The Nation's Financial Condition
Posted: Tue Jul 14, 2020 10:04 am
by Peter Brown
The federal gov’t isn’t giving California the $1Trillion bailout Gavin asked for, so he's going to punish the businesses and people of California hoping it will pressure the Feds to give in.
Great job, Dems!!!!
Doing all they can to lose in 2020!!
Re: The Nation's Financial Condition
Posted: Tue Jul 14, 2020 10:06 am
by youthathletics
Peter Brown wrote: ↑Tue Jul 14, 2020 10:04 am
The federal gov’t isn’t giving California the $1Trillion bailout Gavin asked for, so he's going to punish the businesses and people of California hoping it will pressure the Feds to give in.
Great job, Dems!!!!
Doing all they can to lose in 2020!!
Trump should probably pay them...otherwise they'll leave and ruin the other states.
Peter Brown wrote: ↑Tue Jul 14, 2020 10:04 am
The federal gov’t isn’t giving California the $1Trillion bailout Gavin asked for, so he's going to punish the businesses and people of California hoping it will pressure the Feds to give in.
Great job, Dems!!!!
Doing all they can to lose in 2020!!
Trump should probably pay them...otherwise they'll leave and ruin the other states.
I really hate to hear when Californians depart for other states. They ruin everything they touch, like economic locusts.
Re: The Nation's Financial Condition
Posted: Tue Jul 14, 2020 11:59 am
by a fan
Peter Brown wrote: ↑Tue Jul 14, 2020 10:04 am
The federal gov’t isn’t giving California the $1Trillion bailout Gavin asked for, so he's going to punish the businesses and people of California hoping it will pressure the Feds to give in.
Great job, Dems!!!!
Doing all they can to lose in 2020!!
Boy is it going to be fun watching allllll the Republican flyover States fall apart in the coming years.
Please, by all means, don't help individual States. End all bailouts. California will be fine.
How are those tourism dollars doin' in Florida, Pete? And the budget cuts at your alma mater?
But you don't care, right? Because you already have your degree, so F the next generation of students, right?
"I got mine, screw everyone else", right Pete? Would you like me to make you a bumper sticker out of your new motto?
Peter Brown wrote: ↑Tue Jul 14, 2020 10:04 am
The federal gov’t isn’t giving California the $1Trillion bailout Gavin asked for, so he's going to punish the businesses and people of California hoping it will pressure the Feds to give in.
Great job, Dems!!!!
Doing all they can to lose in 2020!!
Boy is it going to be fun watching allllll the Republican flyover States fall apart in the coming years.
Please, by all means, don't help individual States. End all bailouts. California will be fine.
How are those tourism dollars doin' in Florida, Pete? And the budget cuts at your alma mater?
But you don't care, right? Because you already have your degree, so F the next generation of students, right?
"I got mine, screw everyone else", right Pete? Would you like me to make you a bumper sticker out of your new motto?
Florida still has a surplus (called a rainy day fund)...California not so much.
Peter Brown wrote: ↑Tue Jul 14, 2020 10:04 am
The federal gov’t isn’t giving California the $1Trillion bailout Gavin asked for, so he's going to punish the businesses and people of California hoping it will pressure the Feds to give in.
Great job, Dems!!!!
Doing all they can to lose in 2020!!
Boy is it going to be fun watching allllll the Republican flyover States fall apart in the coming years.
Please, by all means, don't help individual States. End all bailouts. California will be fine.
How are those tourism dollars doin' in Florida, Pete? And the budget cuts at your alma mater?
But you don't care, right? Because you already have your degree, so F the next generation of students, right?
"I got mine, screw everyone else", right Pete? Would you like me to make you a bumper sticker out of your new motto?
Florida still has a surplus (called a rainy day fund)...California not so much.
Great. Don't take a bailout. I have NO PROBLEM not sending you my borrowed money.
Re: The Nation's Financial Condition
Posted: Tue Jul 14, 2020 4:50 pm
by a fan
Peter Brown wrote: ↑Tue Jul 14, 2020 2:59 pm
All the Democrats here suitably sad yet?
Peter Brown wrote: ↑Tue Jul 14, 2020 10:04 am
The federal gov’t isn’t giving California the $1Trillion bailout Gavin asked for, so he's going to punish the businesses and people of California hoping it will pressure the Feds to give in.
Great job, Dems!!!!
Doing all they can to lose in 2020!!
Boy is it going to be fun watching allllll the Republican flyover States fall apart in the coming years.
Please, by all means, don't help individual States. End all bailouts. California will be fine.
How are those tourism dollars doin' in Florida, Pete? And the budget cuts at your alma mater?
But you don't care, right? Because you already have your degree, so F the next generation of students, right?
"I got mine, screw everyone else", right Pete? Would you like me to make you a bumper sticker out of your new motto?
Florida still has a surplus (called a rainy day fund)...California not so much.
Great. Don't take a bailout. I have NO PROBLEM not sending you my borrowed money.
Fair enough. But when I come out to ski, do I get a rebate on any Colorado sales taxes?!?!? lol
I just laid out some dosh for a condo in Vail for March...better be an epic snow year.
This is where a Fan and I always disagree. The more money the gubmint takes in via tax revenue the more they will spend. The gubmint is the glutton that instead of one piece, they will eat the whole damn cake if given the chance. Then they will complain about having a shortage of cake.
This is where a Fan and I always disagree. The more money the gubmint takes in via tax revenue the more they will spend. The gubmint is the glutton that instead of one piece, they will eat the whole damn cake if given the chance. Then they will complain about having a shortage of cake.
Yup. +1
Re: The Nation's Financial Condition
Posted: Thu Jul 16, 2020 3:23 pm
by Peter Brown
More great economic news:
Retail sales surged 7.5% in June as the economy continues to recover.
Unemployment claims FELL again for the 15th consecutive week.
Retail sales surged 7.5% in June as the economy continues to recover.