I loved this press conference with Sec. Mnuchin, with his tight upper lip condescending retorts, while fielding questions from abject morons in the White House press pool. You can see him physically recoiling from the low level thinkers, trying to refrain himself from losing his shit and having a Tourette’s episode.
Let’s make an obvious point here. Any tax cut on business will benefit a billionaire and put more money into his pockets. That shouldn’t even be a subject worth discussing, yet here are the knuckle-draggers in the media asking for Trump’s tax returns and accusing him of cutting taxes to just ingratiation himself with a little more cash before departing into the sunset.
Mnuchin informs the media of ‘MASSIVE’ tax cuts, which help everyone.
Mnuchin then tries and fails to contain his seething hatred for stupid people asking dumb questions.
Mnuchin nearly tells reporter to fuck off after fielding a ‘when will the President release his tax return’ question.
Hilarious.
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You know the difference between a hooker and a reporter? You expect the hooker to screw you.
Interesting how Republicans are all concerned about the national debt when Dems are in office. But when Repubs are in office, exploding the deficit larger and larger with huge tax cuts,–not a peep about it.
It’s true that Trump is making himself much richer by these tax cuts. But if anyone still thinks by now that there was any other reason why he wanted to be president, they are indeed morons.
I still think the tax returns won’t be released due to his tons of financial dealings with Russia. I’m sure Russia loves us being in lots of wars and greatly increasing our national debt. So if our government is being controlled by Russia, then all of this makes perfect sense. For us to be a bankrupt nation carrying on wars on many different fronts would make any competitor of the U.S. supremely happy.
The only reason Trump became president is to cut taxes on himself.
The only reason Trump became president is because Russia is controlling our government and Trump is their puppet.
What will your story be tomorrow?
Can you please try to to have cognitive dissonance for at least one whole post?
There is something in it for Russia and something in it for Trump. Both Russia’s financial dealings with Trump, and the job itself as president, will make Trump richer. That is why he is there.
There. Is that simple enough for you?
You obviously don’t know what cognitive dissonance is. You should look it up some time.
Obviously. The fact that you seem confused and surprised at all this notwithstanding.
I’m not confused or surprised that you don’t know what cognitive dissonance is.
You’re the one who seems confused to me.
You are like a broken record. A broken fucking Abba record to boot.
That being said, Fly is right that the stock market loves tax cuts.
That being said you never stop running your mouth, froggy fuck face know it all. Why didn’t you run for president. Since you know everything. Fucking queer.
I’ve never seen frog and Hillary in the same room. Just saying.
I don’t everything but my IQ is twice the combined IQ of moonshot and derp
I love it when I hear all the losers that don’t make money jacking off at paying taxes.
Yeah, people like Bill Gates and Warren Buffett who believe that taxes are an investment in our society, our educational system, our economy etc. They make no money, LOL?
If you have more money than you could ever hope to spend in your lifetime, it is pretty ducking easy to say everyone should pay more taxes to keep the police and infrastructure and educational systems ad infinitum going, ALL of which benefit owners of huge portfolios of massive corporations and stocks on most of the rest.
It is the struggling working man and the middle class, and even the aspiring rich who are getting fucked by taxes. Those are the people with skin in the game.
The old gizzard has made his billions. Hard working and innovative entrepreneurs like me don’t want the freeloading scum and big govmint playing robinhood with our money.
In the past, Warren Buffet has been notorious for purchasing companies to solely be able to carry forward yrs worth of said companies capital losses for for tax benefits. He’s exercised the tax loopholes like nobody’s business, and I say good for him….still hypocrisy to the umth degree.
I disagree. People who take advantage of all existing laws– as their competitors certainly do– are not obligated to be in favor of keeping said laws forever.
Right Wing super wealthy people all do this too. But it’s only the Dems who people complain about. I guess that’s because bashing Dems is the meaning of life for Republicans. Whereas Dems have other reasons for living.
Frog,
You clearly know nothing about the strategy involved in managing generational wealth. Only the inexperienced believe that Buffet and Gates championed higher taxes for altruistic reasons. Anyone that has significant wealth, or has been exposed to others with significant wealth knows the real game is controlling capital and property/voting rights. The Clinton Foundation, Zuckerberg’s pledge, Buffet’s or any of the other HNW individuals that have pledged their fortunes to charity arent doing so for the benefit of the little babies. Sure, they do charitable things with the money, but contrary to popular opinion…….its not about doing good……..its about controlling the capital and associatyed power, property & voting rights.
Once a person reaches a certain level of net worth, they run into a liquidity problem. In essence, they become their own systemic problem framed within the viewpoint of their portfolio. For example Buffet has a reported net worth of $75B, to the uninitiated you belive that $75B is relatively liquid……that if Buffet wanted he could sell his assets and hold $75B in unrestricted cash one day………in the words of Senor Trump….WRONG!
You see, once you reach that level of net worth, your fortune is inextricably linked to the health of the US primarily. That $75 B is entirely dependent upon the stability of the US system….if the integrity of the US economic machine were ever erceived to be compromised…….the value and associated power/rights of that portfolio are significantly penalized. To be clear, im not just talking about paper drawdown, I’m saying that a certain level of wealth, Bufet Gates et al are no longer invested in Microsoft or Berkshire Hathaway, they are now invested in the health of the American economy. So if you are a smart HNW individual, you recognize this systemic (to your portfolio) risk. So what is your solution? Whats the future value of adding another $10B to Buffet’s empire if the health of the US economy is deteriorating? So what do you do once you realize that the game at that point isn’t about adding additional zeroes to your net worth; rather the paramount objective is preserving your accumulated power,rights,assets?
The smart thing to do is to put those assets into a non taxable “charitable” entity to which you still control the pursestrings. At $75B, controlling the non taxed entity ensures that you still retain your power, people will still be clamoring to serve your will in hopes of earning next years grant. That is step 1.
Step 2 is you encourage Socialism. I know this will be difficult for libtards to understand that Buffet and Zuckerburg’s charitable pledges aren’t about saving humanity, rather it is about preserving their power. By increasing taxes, ideally in their minds to the point of outright socialism, you effectively cement your position of power at the top for many generations. See, in capitalism, great families rise and fall. Some families generate enough wealth and train their offspring well enough that the fortune may last several generations, but overall, the old great families are eventually reoplaced by new great families. Under Socialism, those with the most capital at the time that Socialism is implemented, essentailly become cartels or monopolies of sorts of capital in their respective industries.
For a great example of this, simply look at Sweden. When Sweden turned to Socialism, it effectively cemented 5 families who happened to have the most capital at the time, at the very top for eternity, barring a colossal screw up by the families. You see, high taxes prevent up and comers from ever accumulating significant amounts of capital. When you are getting taxed at 50-75% of income, its very difficult to amass significant wealth. Those who already had the wealth however, become the source of funding for new business. The ultra HNW of the US would largely like the same benefits believe it or not. Some believe in the ideals of capitalism as I do and thrive on the natural competition and growth achieved by capitalism, but even for us it is hard to deny the benfits of being among a select group of water well owners in the middle of a desert. High income taxes is a relatively small price to pay in exchange for stability of the system that your portfolio so dearly depends upon and a massive economic moat virtually guaranteeing that your family will retain its relative power within the system in perpetuity.
To be clear, I am NOT in favor of socialism. I firmly belive in the ideals of capitalism and enjoy the risk and competition of the worlds greatest economic system, when it is left free and markets are allowed to function as price discovery mechanisms as they were intended. The above is simply a peak into the mindset of these “altruistic” billionaires that have so many like Frog fooled. I normally wouldn’t spend any time writing something like this, but hearing Frog et al act as the ignorant mouthpiece of a movement that is designed to ensure their children never have the fair opportunity to achieve greatness is sad. It is the equivalent of the Frog in the pot requesting ever increasing temperature for his new hot tub generously provided by Buffet et al.
Sorry for the haphazard composition of this post. This isnt worth a proof read, so I’m sure there are many typos and poor grammar/contstruction. A thousand apologies.
Enter hofjuden run central banking cartel and issuance of fiat currency at the base of it all.
And I love it when I hear trust fund babies who live high on the hog and have never worked a day in their life, talk about the irresponsibility of the poor, and talk about how they are against free school lunches for poor kids.
Well guess what. People are poor because they made shitty choices. You shit your pants you can either walk around in it or change your pants. Don’t fucking walk around in your shitty pants and expect me to buy you a new pair.
If you have a negative net worth stop digging the fucking hole, fuck face. I’m not responsible for fuckfaces fucking up. Fuck ’em.
That’s right! I pay for my mistakes dearly!!! What do the freeloading low life scum do with their mistakes?
So the people whose medical insurance will skyrocket if TrumpCare passes, and who won’t be able to afford it, are just fuckfaces fucking up, to you.
Not everyone is poor because of bad choices. Medical bankruptcies were a very common source of poverty before ObamaCare took away the pre-existing condition clause.
Because we give fucking Doctors and Healthcare companies a blank check in the name of eternal life and that they know what’s best for us! Something neither the shit liberals or cock sucking conservatives are willing to stop.
Just entertainment. No substance. ZioCon-gress will not pass Trump’s tax cuts in this form, if at all.
I’m long Just For Men after seeing that
I see what you did there
Not withstanding reducing the Earth to hot ash from a global nuclear war if Trump managed to streamline the tax code in a truly appreciable way he would be one of the greatest presidents of all time.
When the day’s over, Mnuchin gets to go home to a HOT fiancée.
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