NoDisplayName

Gosh, this is exciting! Tell me more! Was he tracked down by a BMW smart car for the expired visa? Was he busted by an undercover McGruff the crime dawg during a sting operation? Oh.

You're welcome to donate YOUR income to charity. Too many liberal types being overly generous with other peoples' earnings.

Only if it's covered by welfare.

Except Trump announced 8% annual cuts in the defense budget over the next 5 years. But then he announced the first $1 Trillion budget. More lies, unless this is more 5D chutes-n-ladders. And what's this "add a 4th supercarrier fleet"? I said we could get rid of 3 entire fleets....hundreds of ships. The United States has 11 aircraft carriers, of which 10 are classified as supercarriers, specifically from the Nimitz class and the Gerald R. Ford class.

Tax revenues on all the successful products, but disallow losses on all the failures? Good luck getting a company to commit to basic research to devise new methods of making chips or fund research into new cancer treatments.

Why would I desire a method of reducing wealth inequality? Wealth inequality is good. It incentivizes. Otherwise, the government takes from those who learned to code and gives to those who learned to shoot meth.

Not necessarily in direct subsidies. If it takes 5+ years in research and development to bring a product to market, fewer companies and individuals will be willing to take the risk if losses and expenses can't be used to offset current year income.

China sets more demanding goals. Trump can handle this on his own.

So trump is lying. Is anyone surprised? China says there are no negotiations with the US over tariffs China on Thursday denied U.S. President Donald Trump’s assertion that the two sides were involved in active negotiations over tariffs, saying that any suggestion of progress in this matter was as groundless as “trying to catch the wind.” Trump had told reporters earlier in the week that “everything’s active” when asked if he was engaging with China, although his Treasury Secretary had said there were no formal negotiations. https://apnews.com/article/china-us-tariff-negotiations-trump-481ff4402f5c34776ffcb8ced4c8ae42

C'mon, man! I know you don't like to read the text of the articles you link to, but could you please, just please, read the dang headlines? Trump says the U.S. and China are 'actively' discussing tariffs. Beijing says that's false. While Trump said Wednesday that the world’s two largest economies are “actively” talking, a Chinese foreign ministry spokesperson responded that “China and the U.S. have not engaged in any consultations or negotiations regarding tariffs, let alone reached an agreement.” Oh, and don't miss this part! Still, Trump and Treasury Secretary Scott Bessent gave conflicting accounts of the state of negotiations Wednesday, with Bessent saying “both sides are waiting to speak to the other,” without providing further detail. The secretary reiterated remarks he made the previous day, predicting near-term de-escalation.

Fred is a hard worker. He made millions in previous years, paid too much in taxes, invested the remainder wisely. Why should he be broke? This year's losses offset this year's profits. But yeah, let's tax 'revenue,' which will eliminate any chance of maintaining our edge in technology and health sciences. If it doesn't earn a profit from day one, there will be no investment. Sounds like a Trump policy.

Sorry, I'm just have trouble wrapping my libertarian brain around this communist "fair share" nonsense, and the presumption that the government has a right to 20%, 30%, 40%, 50% or more of MY income to spend on welfare, wunderwaffles, and trans-mice. We could easily cut the government by thousands of programs, hundreds of agencies, 400 foreign military bases and 3 supercarrier fleets.....and voila, saved $1 Trillion. Reduce the tax code to one page, and tax returns to postcard sized forms. Flat tax at 5%, no deductions, no exemptions. That's fair.

"exposed to" ≠ "wipe out" What did we learn about the conflation fallacy?

To be fair, it WAS Trump who signed the surrender deal with the Taliban, had it take effect early in his successor's administration, and did nothing to prepare for it. Just a little landmine to make trouble for the incoming team. Sure, we lost a bunch of marines, but it was worth it to make Joe look bad.

Thank you. Depreciation subsidies are part of policies designed to support businesses. Factories wear out, buildings must eventually be demolished. If depreciation not deducted, it gets applied to the price of the product or service. Loans are just loans, and allegedly must be paid back. If not, there can be penalties for tax evasion. Otherwise we'd have to claim credit card purchases as income. Why should the government get to impose death taxes. Families should be able to build wealth. Why don't we rescind the tax exemption on primary residences? Fred in the suburbs should have to pay tax when he moves to a new home?

While Trump has repeatedly sought to get Xi on the phone, China wants the two sides to work out the contours of an agreement before the leaders speak. https://www.msn.com/en-us/money/other/trump-floats-substantial-china-tariffs-cuts-in-trade-deal/ar-AA1Dq7yn US to China: Pick up the phone, pretty please. China to US: We're busy, call later. US to China: C'mon, let's make a deal. China to US: Did you hear something? US to China: We'll cut the tariffs in half, so please call. China to US: Oh, look at the time! Pilates starts in twenty. Look! They're tal.....uh.........negotiating!!!

If you can't explain why the policies are "bad",..........

Talking ≠ Negotiating Conflation is the merging of two or more sets of information, texts, ideas, or opinions into one, often in error. Conflation is defined as 'fusing blending', but is often used colloquially as 'being equal to' - treating two similar but disparate concepts as the same. (wiki)

"Destacking?"

Hey, look! More winning! Donald Trump to exempt carmakers from some US tariffs Please use the sharing tools found via the share button at the top or side of articles. Copying articles to share with others is a breach of FT.com T&Cs and Copyright Policy. Email [email protected] to buy additional rights. Subscribers may share up to 10 or 20 articles per month using the gift article service. More information can be found here. https://www.ft.com/content/fa0f6749-729e-41ca-917b-7b534041f6f8 US President Donald Trump is planning to spare carmakers from some of his most onerous tariffs, in another trade war climbdown following intense lobbying by industry executives over recent weeks. The move would exempt car parts from the tariffs that Trump is imposing on imports from China to counter its role in fentanyl chemical exports, as well from those levied on steel and aluminium — a “destacking” of the duties, according to two people with knowledge of the matter. https://www.ft.com/content/fa0f6749-729e-41ca-917b-7b534041f6f8 "Destacking?" Sounds like what happens when you go all in with a pair of douches.

Those all sound perfectly fine. Don't be jealous of other peoples' success. Work hard, invest, and maybe you can benefit.........unless Trump crashes your 401K or tariffs your employer out of existence.

Yes, bring 'em out. Start a new thread so it doesn't get lost amongst the replies.

How about something closer to home, say.......Indiana. IRS: Illinois loses $9.9B in income as 87,311 residents move out in 2022 New data shows $9.9 billion flowed from Illinois to other states because people moved out in 2022. Most of those leaving earned $100,000 or more. While Illinoisans of all income levels left the state, the heaviest losses were among those earning more than $100,000 annually. Those tax filers represented 56.4% of the state’s net migration losses. The loss of these taxpayers is even greater when it comes to their economic impact: filers making more than $100,000 annually took 88.4% – nearly $8.8 billion – of Illinois’ net income losses with them. https://www.illinoispolicy.org/irs-illinois-loses-9-9b-in-income-as-87311-residents-move-out-in-2022/

How 'bout...........ANY...........context. For ezzample: Bob earned $60K. He's married with no kids. He files jointly, and takes an IRA deduction and mortgage interest deduction. He pays $5800 tax. Fred earned $1 Billion. He's single and owns a private jet. He runs a casino resort...........poorly.............and lost $400 Million. He invests in a company selling gold-colored sneakers that also did poorly. He sold his entire holdings for a loss of $600 Million. Fred pays no tax. That, dear, is context.

No interest. Nothing I want to say to the locals or hear from them. Lived in China, learned Chinese. Sometimes I'll give 'em a cheery "Ni hao!"