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Default OT. About 1/3 of Americans' Income Come From Government

https://www.zerohedge.com/economics/record-34-all-household-income-us-now-comes-government
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Default OT. About 1/3 of Americans' Income Come From Government

On 4/30/2021 4:49 PM, Dean Hoffman wrote:
https://www.zerohedge.com/economics/record-34-all-household-income-us-now-comes-government


I note that big business tends to favor big government as that is where
the money is.
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Default OT. About 1/3 of Americans' Income Come From Government

On 04/30/2021 04:33 PM, Frank wrote:
On 4/30/2021 4:49 PM, Dean Hoffman wrote:
https://www.zerohedge.com/economics/record-34-all-household-income-us-now-comes-government



I note that big business tends to favor big government as that is where
the money is.


Government has always served to protect the interests of the wealthy.
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Default OT. About 1/3 of Americans' Income Come From Government

In alt.home.repair, on Fri, 30 Apr 2021 13:49:01 -0700 (PDT), Dean
Hoffman wrote:

https://www.zerohedge.com/economics/record-34-all-household-income-us-now-comes-government


Talk about bias, "And that's how creeping banana republic socialism
comes at you: first slowly, then fast. "

At least he uses the word "now" but nowhere in the article was it clear,
or even apparent, that "now" is temporary, and the financial alternative
was a recession like not seen since the Depression or earlier. Not to
mention the non-financial problems, which I guess hedge-fund investors
don't worry about.

As an aside, he also doesn't know what a banana republic is. He lists
*only* Turkey, China, and Russia, none of which are. Apparently he likes
the word because it's insulting, without caring why.

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Default OT. About 1/3 of Americans' Income Come From Government



"rbowman" wrote in message
...
On 04/30/2021 04:33 PM, Frank wrote:
On 4/30/2021 4:49 PM, Dean Hoffman wrote:
https://www.zerohedge.com/economics/record-34-all-household-income-us-now-comes-government



I note that big business tends to favor big government as that is where
the money is.


Government has always served to protect the interests of the wealthy.


Biden's clearly isnt doing that with his higher tax rates on the wealthy.



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Default lowbrowwoman, Birdbrain's eternal senile whore!

On Fri, 30 Apr 2021 18:41:02 -0600, lowbrowwoman, the endlessly driveling,
troll-feeding, senile idiot, blabbered again:


I note that big business tends to favor big government as that is where
the money is.


Government has always served to protect the interests of the wealthy.


I note that you are all a bunch of senile bull**** artists! But you,
lowbrowwoman, top them all! LOL
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Default More Heavy Trolling by the Senile Octogenarian Nym-Shifting Ozzie Cretin!

On Sat, 1 May 2021 14:11:53 +1000, %%, better known as cantankerous trolling
senile geezer Rodent Speed, wrote:

Government has always served to protect the interests of the wealthy.


Biden's clearly isnt doing that with his higher tax rates on the wealthy.


....and the pathological auto-contradicting continues! ****ing HILARIOUS! LOL

--
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"Auto-contradictor Rod is back! (in the KF)"
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Default OT. About 1/3 of Americans' Income Come From Government

On 5/1/21 12:11 AM, %% wrote:


"rbowman" wrote in message ...
On 04/30/2021 04:33 PM, Frank wrote:
On 4/30/2021 4:49 PM, Dean Hoffman wrote:
https://www.zerohedge.com/economics/record-34-all-household-income-us-now-comes-government



I note that big business tends to favor big government as that is where
the money is.


Government has always served to protect the interests of the wealthy.


Biden's clearly isnt doing that with his higher tax rates on the wealthy.



If you raise taxes on Walmart and Amazon, they'll both increase merchandise prices to compensate.
So who do you think is the real payer of corporate taxes?
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Default OT. About 1/3 of Americans' Income Come From Government

On 5/1/2021 7:02 AM, Larry wrote:
On 5/1/21 12:11 AM, %% wrote:


"rbowman" wrote in message
...
On 04/30/2021 04:33 PM, Frank wrote:
On 4/30/2021 4:49 PM, Dean Hoffman wrote:
https://www.zerohedge.com/economics/record-34-all-household-income-us-now-comes-government




I note that big business tends to favor big government as that is where
the money is.

Government has always served to protect the interests of the wealthy.


Biden's clearly isnt doing that with his higher tax rates on the wealthy.



If you raise taxes on Walmart and Amazon, they'll both increase
merchandise prices to compensate.
So who do you think is the real payer of corporate taxes?


Plus international corporations will structure business so they pay less
tax in US and that includes off shore production and loss of US jobs.
Like now, most GM cars are assembled outside the USA. Someone said one
had only 7% of its parts made in the USA. Janet Yellen was sent around
the world to try to tell governments they should all tax corporations
the same. Fat chance.

A big or graduated capital gains tax may come as a big surprise to
homeowners that sell their home without buying another as they end up
paying half the capital gain to the government.
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Default OT. About 1/3 of Americans' Income Come From Government

On 2021-05-01, Larry wrote:
If you raise taxes on Walmart and Amazon, they'll both increase merchandise prices to compensate.
So who do you think is the real payer of corporate taxes?


That's something idiot liberals don't understand since they have no concept
of economics or the way that business works. Taxes are an overhead cost that
is passed on to the customer, just like the electric bill. So when liberal
scum scream about corporations "paying their fair share" what the end result
is the WalMart customer pays higher prices.

Liberals are like the dog excrement one might accidentally step into,
but smell worse and are less intelligent.

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Default OT. About 1/3 of Americans' Income Come From Government



"Larry" wrote in message
...
On 5/1/21 12:11 AM, %% wrote:


"rbowman" wrote in message
...
On 04/30/2021 04:33 PM, Frank wrote:
On 4/30/2021 4:49 PM, Dean Hoffman wrote:
https://www.zerohedge.com/economics/record-34-all-household-income-us-now-comes-government



I note that big business tends to favor big government as that is where
the money is.

Government has always served to protect the interests of the wealthy.


Biden clearly isnt doing that with his higher tax rates on the wealthy.


If you raise taxes on Walmart and Amazon,


Biden isnt doing that, essentially because those operations can
and do trivially avoid paying income and capital gains taxes.

they'll both increase merchandise prices to compensate.


Increasing the tax that Bezos, Walton or Glass pay won't see
merchandise prices increased to pay for the increased tax if
any they end up paying.

So who do you think is the real payer of corporate taxes?


We arent talking about corporate taxes.

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Default OT. About 1/3 of Americans' Income Come From Government



"Frank" "frank wrote in message
...
On 5/1/2021 7:02 AM, Larry wrote:
On 5/1/21 12:11 AM, %% wrote:


"rbowman" wrote in message
...
On 04/30/2021 04:33 PM, Frank wrote:
On 4/30/2021 4:49 PM, Dean Hoffman wrote:
https://www.zerohedge.com/economics/record-34-all-household-income-us-now-comes-government



I note that big business tends to favor big government as that is
where
the money is.

Government has always served to protect the interests of the wealthy.

Biden's clearly isnt doing that with his higher tax rates on the
wealthy.



If you raise taxes on Walmart and Amazon, they'll both increase
merchandise prices to compensate.
So who do you think is the real payer of corporate taxes?


Plus international corporations will structure business so they pay less
tax in US


They have already done that.

and that includes off shore production and loss of US jobs.


They have already done that.

Like now, most GM cars are assembled outside the USA.


So Biden pulling the plug on Trump's tax cut for the wealthy
won't make any difference.

Someone said one had only 7% of its parts made in the USA.


Just because someone claims something...

Janet Yellen was sent around the world to try to tell governments they
should all tax corporations the same.


Bull****.

Fat chance.


True, but that is nothing new.

A big or graduated capital gains tax may come as a big surprise to
homeowners that sell their home without buying another as they end up
paying half the capital gain to the government.


Why would they sell without buying another ?

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Default More Heavy Trolling by the Senile Octogenarian Nym-Shifting Ozzie Cretin!

On Sun, 2 May 2021 04:29:27 +1000, %%, better known as cantankerous trolling
senile geezer Rodent Speed, wrote:

FLUSH the trolling senile asshole's latest troll**** unread

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Default More Heavy Trolling by the Senile Octogenarian Nym-Shifting Ozzie Cretin!

On Sun, 2 May 2021 04:24:10 +1000, %%, better known as cantankerous trolling
senile geezer Rodent Speed, wrote:


FLUSH the trolling senile asshole's latest troll**** unread

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Default OT. About 1/3 of Americans' Income Come From Government

On Sat, 1 May 2021 07:02:21 -0400, Larry wrote:

On 5/1/21 12:11 AM, %% wrote:


"rbowman" wrote in message ...
On 04/30/2021 04:33 PM, Frank wrote:
On 4/30/2021 4:49 PM, Dean Hoffman wrote:
https://www.zerohedge.com/economics/record-34-all-household-income-us-now-comes-government



I note that big business tends to favor big government as that is where
the money is.

Government has always served to protect the interests of the wealthy.


Biden's clearly isnt doing that with his higher tax rates on the wealthy.



If you raise taxes on Walmart and Amazon, they'll both increase merchandise prices to compensate.
So who do you think is the real payer of corporate taxes?

If they raise their prices the "little guys" will be able to
under-cut them - which will force them to lower their prices and
settle for lower profits.


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Default OT. About 1/3 of Americans' Income Come From Government

Dean Hoffman writes:
https://www.zerohedge.com/economics/record-34-all-household-income-us-now-comes-government


Only in the imagination of far-right libertarians.

The same (Bulgarian) group that just tweeted that last years California Wildfire
was started to conceal a murder.

Try to be a bit more discerning.

The article is simply stating the obvious, that during the pandemic,
the stimulus payments fulfilled their purpose of covering the income
of those who lost employment due to the pandemic.

Even the data they cite doesn't support the headline.
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