The Great American Employment Collapse Has Commenced

[rough diamond]

24 minutes ago, Harrisfan said:

Like excess Trump bashing posts.

Or just like your excess pointless posts.

[TedG]

6 minutes ago, Lacessit said:

 

 

To repeat, what is wrong with a 1.5% tax on revenue? Or, tell me what is right with the current system, apart from employing armies of lawyers and tax accountants?

 

This is a stupid idea.   And your claim that a 1.5% tax on revenue will end government debt is laughable. 

[NoDisplayName]

10 minutes ago, Lacessit said:

what is wrong with a 1.5% tax on revenue?

 

Revenue is simply income before expenses and deductions.

 

Is possible to have $millions in "revenue", yet make no money.

 

 

This is something expats in Thailand will have to watch out for if Thailand moves to global taxation.

 

In the US, capital losses may offset capital gains.  This is not the case in Thailand.

 

US expat can sell a stock for $1million, making $100K, then sell another stock for $500K, losing $100K.  gain = loss, no tax due to the IRS.

 

Under global taxation, the $100K gain is taxed as ordinary income, whereas the loss is not entered into the PIT calculations.

 

 

[save the frogs]

12 hours ago, Harrisfan said:

Like excess Trump bashing posts.

check this out,harrifan.

 

 

[Lacessit]

1 minute ago, NoDisplayName said:

 

Revenue is simply income before expenses and deductions.

 

Is possible to have $millions in "revenue", yet make no money.

 

 

This is something expats in Thailand will have to watch out for if Thailand moves to global taxation.

 

In the US, capital losses may offset capital gains.  This is not the case in Thailand.

 

US expat can sell a stock for $1million, making $100K, then sell another stock for $500K, losing $100K.  gain = loss, no tax due to the IRS.

 

Under global taxation, the $100K gain is taxed as ordinary income, whereas the loss is not entered into the PIT calculations.

 

 

You persist with thinking in terms of current taxation methods. End of discussion.

[TedG]

Just now, Lacessit said:

You persist in thinking about current taxation methods. End of discussion.

 

Taxing revenue is a dumb idea.  End of discussion.

[Keep Right]

Actually this is great news. Many of the jobs created under left wing sleepy Joe were government jobs that no relevance to any productivity or help to the citizens. Now that DOGE is discovering the billions of dollars wasted by the Democrats on left wing projects, many of these projects are being canceled along with the employees. Much of the huge increase in inflation under old sleepy Joe was due to government waste under Biden. Now that Trump is cleaning up the mess that Biden created, many of these jobs will be eliminated and inflation will come down. This is a huge win for the American tax payers.

[transam]

Just now, Keep Right said:

Actually this is great news. Many of the jobs created under left wing sleepy Joe were government jobs that no relevance to any productivity or help to the citizens. Now that DOGE is discovering the billions of dollars wasted by the Democrats on left wing projects, many of these projects are being canceled along with the employees. Much of the huge increase in inflation under old sleepy Joe was due to government waste under Biden. Now that Trump is cleaning up the mess that Biden created, many of these jobs will be eliminated and inflation will come down. This is a huge win for the American tax payers.

How do you know all that.........😂.............You don't............🤣

 

Please get help.....🤔

[Mike_Hunt]

1 hour ago, jts-khorat said:

 

You already care enough to be bothered to answer. Strange that.

 

It seems, Americans are even more thin-skinned than I thought. How pathetic.

Pot meet kettle. 

[Mike_Hunt]

6 minutes ago, Lacessit said:

You persist with thinking in terms of current taxation methods. End of discussion.

Some states do this in the USA.  It's called a gross receipts tax.  

 

• Recent studies by Ufier (2014) and Adhikari (2015) link the abandonment of gross receipts taxes with increased production efficiency and growth in GDP per capita.

https://taxfoundation.org/research/all/state/gross-receipts-taxes-theory-and-recent-evidence/

[kwonitoy]

7 hours ago, bubblegum said:

You see the images of 47 signing orders after orders without having the faintest idea what they say. Clearly project 2025 is running the show.

 

History repeating itself

Like father like son

 

 

[Woke to Sounds]

Eels wants to stitch a hardrive into your brain, don't forget it!

[Woke to Sounds]

7 hours ago, save the frogs said:

The AI Job Apocalypse is coming soon.

 

Has nothing to do with Trump, but with tech.

 

Absolutely.

 

Revenge of The Nerds '25.

 

This is why the Big Boys are prepping the stage for things like universal basic income and digital currency.

 

Technofascist communism.

 

Your travel privileges could be revoked if you had too many steaks or crisps. Too much carbon you see.

 

Can't reason with a computer.

[thaibeachlovers]

10 hours ago, NoDisplayName said:

 

Strange, you din't mention the elephant in the outhouse......

 

Government accounted for the bulk of layoffs, with Challenger tracking 62,242 announced job cuts by the federal government from 17 different agencies. The government has laid off about 62,530 workers in the first two months of the year, a whopping 41,311% increase compared to the same period in 2024.

 

Keep up the good work!

Who's a good Doge!!!!!

Every less government drone is a win for the taxpayer.

 

Seems we have another anti Trump poster resurrected from banned purgatory whining about Trump.

Yawn.

[thaibeachlovers]

7 hours ago, rough diamond said:

Or just like your excess pointless posts.

Says a poster that just posted an excess pointless post!

[thaibeachlovers]

8 hours ago, save the frogs said:

The AI Job Apocalypse is coming soon.

 

Has nothing to do with Trump, but with tech. 

 

 

Thanks for pointing out the real apocalypse that is descending on humanity while the people that should be "doing something to prepare for it" are wasting time on stupid wars and illegal immigration etc.

As usual, nothing will be done till it's too late.

Perhaps it's time for WW3 to provide employment opportunities.

[thaibeachlovers]

8 hours ago, ronnie50 said:

Yup, but they don't want to discuss that. They are fans of Ayn Rand and think the novel Atlas Shrugged is being played out now in real time and the conclusion is being delivered by Trump and his clowns.  

As opposed to Harris and her cartoon advisors?

[MicroB]

9 hours ago, save the frogs said:

you're like trump's pitbull on AN, man. 

 

 

Or yappy sausage dog.

[rough diamond]

2 hours ago, thaibeachlovers said:

Says a poster that just posted an excess pointless post!

Pots, kettles and black come to mind.

[thaibeachlovers]

4 minutes ago, rough diamond said:

Pots, kettles and black come to mind.

I've got 70,000 likes for what I've posted. How are you doing?

[0ffshore360]

2 hours ago, thaibeachlovers said:

Thanks for pointing out the real apocalypse that is descending on humanity while the people that should be "doing something to prepare for it" are wasting time on stupid wars and illegal immigration etc.

As usual, nothing will be done till it's too late.

Perhaps it's time for WW3 to provide employment opportunities.

Like a factory pumping out radiation resistant ppe suits for the bulldozer drivers to survive long bury the dead masses?

 

[Jim Blue]

13 hours ago, Alpha84 said:

Then he just signs away, nodding like he actually read a word of it.

You mean like a nodding donkey?

[BKKKevin]

As the stock market tanked on word of the great tarriffs right of queue Fox Business”s Kudlow in typical gaslighting fashion announces the “Collapse of the Biden Economy”…

 🤣🤣🤣 

MAGA is lining up the scapegoats… 

 

[jerrymahoney]

Asked about the difference between a recession and a depression, President Harry Truman said:

It's a recession when your neighbor loses his job; it's a depression when you lose your own.

https://www.goodreads.com/author/quotes/203941.Harry_Truman

[rough diamond]

1 hour ago, thaibeachlovers said:

I've got 70,000 likes for what I've posted. How are you doing?

No idea as I don't care about such meaningless rubbish!

[thaibeachlovers]

Just now, rough diamond said:

No idea as I don't care about such meaningless rubbish!

Bye bye then.

[Daniel Cully]

15 hours ago, bubblegum said:

Wow the IQ on this thing is terrifying.

maga't IQ

[rough diamond]

5 hours ago, Woke to Sounds said:

Can't reason with a computer.

Or the "Tin Foil Hat Brigade".

[Presnock]

16 hours ago, spidermike007 said:

If anybody questioned Trump's sanity prior to the election, I think the last six weeks have made it abundantly clear that the man is completely unhinged, has horrific policy, is being poorly advised, is not intelligent at all, and knows nothing about globalization, tariffs, nor the global economy. 

 

He seems hellbent on absolutely gutting the US economy, and perhaps taking the world down with it. He and the crazy superfreak Musk are both very dangerous. 

 

 

Definitely difficult to counter any of your observations!  This is exactly as I felt PRIOR to the election, not knowing who would win but realizing that both are total idiots IMHO and are not even close to being qualified to sit in the presidency.  Surprising a tad is how weak the Congress has been in allowing the unqualified cabinet members to take over the advisers' role since the presient in normal times cannot keep up with all going on not only in the US but in the whole world.  This is really a scary situation for the world.  Putin and his AXIS buddies must be popping the champagne bottles every couple of hours as Trump doesn't seem to be slowing down any.

[Albaby]

16 hours ago, spidermike007 said:

If anybody questioned Trump's sanity prior to the election, I think the last six weeks have made it abundantly clear that the man is completely unhinged, has horrific policy, is being poorly advised, is not intelligent at all, and knows nothing about globalization, tariffs, nor the global economy. 

 

He seems hellbent on absolutely gutting the US economy, and perhaps taking the world down with it. He and the crazy superfreak Musk are both very dangerous. 

 

 

The Trumpster is cleaning the Augean Stables. Of course there will be consequences. Can't make an omelette....