Mileage tax

[Billinsd]

How quickly forget that trump put us further in debt than any previous president. Not to mention his corporate tax cut that was put on the backs of American workers. I’m not supporting Biden but I’ll call a spade a spade.

Both parties, starting with Bush have been growing the deficit by trillions. I've been against it all since Bush. Biden is spending more, much faster than anyone so far.

 

[Wrench]

Here's something to consider, as long as they can keep us fighting about how they will use the money they stole from us, and what methods they should use to steal more.....they can keep us divided.

You all probably have similar taste in guns, gear, trucks.....probably tons of commonality, but they'll keep us hating each other to keep the division high.

Again I hope @ryanavery nukes this.

 

[Billinsd]

There is literally nothing special about trumps economic policy. He had no economic policy. Except tax cuts to the wealthiest and a huge national debt that my grand kids will be forced to deal with.

He cut taxes to corporations and brought them back to America and reduced unemployment more than anyone in decades!! Yes, he added to the deficit, that I was totally against, because our kids and grandkids will be burdened with it!! The biggest gripe by far I had with Trump and every President back to Bush is trillions of deficit spending. It's criminal.

 

[Billinsd]

Here's something to consider, as long as they can keep us fighting about how they will use the money they stole from us, and what methods they should use to steal more.....they can keep us divided.

I think the problem is 90% of the public isn't paying attention to what's going on.

 

[Savagenut]

He cut taxes to corporations and brought them back to America.

Can you five any examples of any company moving its headquarters back to the us because of Trump?

 

[Mosby]

Are we really going to go back to Obama now? I mean look at the trend line in that graph. Anybody could’ve inherited that economy and done just as well if not better . There is literally nothing special about trumps economic policy. He had no economic policy. Except tax cuts to the wealthiest and a huge national debt that my grand kids will be forced to deal with.

Obama was President before Trump. I can't help or change that. I am simply showing a comparison of unemployment rates before Trump and during his Presidency. Unemployment rates went down under Trump. That normally benefits workers.

Regarding his tax cuts, they benefited people at every income level....not just the wealthy. So he lowered the workers taxes, increased jobs and reduced unemployment and he had the lowest % increase to the deficit when compared to Democratic Presidents Obama, Clinton, Carter, LBJ, JFK, Truman and FDR.

These are just facts. People are going vote the way they vote. And you are correct in that we need to deal with the deficit. I wish we had a balanced budget amendment but that's an entirely different subject.

 

[HuntHarder]

Only other EV right now with a snowballs chance in hell is NIO and now that the democrat government can pick on foreign players when it was wrong for republicans theyre gonna never make it to the USA. Even Tesla is rumored to lose money on every vehicle sale. The market doesnt care about true valuations of EV. Its a casino.

0 chance Lucid is going anywhere as well as Fisker imo. Time will tell, but I see EV getting larger and larger every year, especially with a democrat in the WH.

 

[Savagenut]

Unemployment may be down but wages are stagnant. We have a lot of low wage jobs. Low wage jobs don’t help us. Low wage employees access more government services. We need real wage growth in This country. Trying to compete with China for low wage manufacturing jobs is not how we’re going to move this country forward.

For most U.S. workers, real wages have barely budged in decades

Despite some ups and downs over the past several decades, today's real average wage in the U.S. has about the same purchasing power it did 40 years ago. And most of what wage gains there have been have flowed to the highest-paid tier of workers.

www.pewresearch.org

 

[Mosby]

Can you five any examples of any company moving its headquarters back to the us because of Trump?

Companies typically don't move headquarters in and out of countries regardless of who is President. They wouldn't be a US company if they did but they do move production in and out of countries and there are examples of companies moving production back into the US during his term. That said, companies do move headquarters in and out of states and there are a number of examples of companies moving out of Democrat controlled states to Republican controlled states due to the increasing tax burden and social conditions in those states.

 

[BBob]

Can you five any examples of any company moving its headquarters back to the us because of Trump?

Was it ever about moving corp headquarters back? Wasn't it more about bringing the $$ back to invest in the companies which was intended to benefit the workers here at home? By that account it did bring some back but not the bulk of it. Lots of it that did come back the corps didn't use the $$ as expected and it didn't benefit anyone but the corps and shareholders. Many corps including Apple used at least some of the $$ on share buybacks. By many reports it did benefit lots of workers in the lower income states but hurt the larger like CA and NY that had their own bad (high rates) for business tax policies. All in all it was mixed, some good came of it and some not so good came of it.

 

[Mosby]

Unemployment may be down but wages are stagnant. We have a lot of low wage jobs. Low wage jobs don’t help us. Low wage employees access more government services. We need real wage growth in This country. Trying to compete with China for low wage manufacturing jobs is not how we’re going to move this country forward.

For most U.S. workers, real wages have barely budged in decades

Despite some ups and downs over the past several decades, today's real average wage in the U.S. has about the same purchasing power it did 40 years ago. And most of what wage gains there have been have flowed to the highest-paid tier of workers.

www.pewresearch.org

You found something we can agree on.

 

[Savagenut]

That said, companies do move headquarters in and out of states and there are a number of examples of companies moving out of Democrat controlled states to Republican controlled states due to the increasing tax burden and social conditions in those states.

Again. Would love some examples. I see a lot of companies leaving republican lead Georgia right now.

 

[BBob]

Again. Would love some examples. I see a lot of companies leaving republican lead Georgia right now.

Gzus, you must live in a bubble. Not just little guys but high profile Co's and people have been leaving CA in droves. This has been going on for awhile. Far more are leaving or have left than the few bowing to the leftist decree that Georgia's voting policy is racist and leaving GA. Please!

Why some tech companies and billionaires are leaving California

As Oracle, Palantir and Hewlett-Packard Enterprise move their headquarters out of California, experts say the state needs to find ways to reverse the trend.

www.cnbc.com

California Companies Flee Business-Hostile State In Droves

California's business environment has gone from bad to worse, with thousands of businesses fleeing high taxes and excessive regulation. Trouble lies ahead.

www.investors.com

Oh! Here's another biggie! If NY wants to do more tax grabbing the NYSE is threatening to leave. The New York Stock Exchange will leave NY!!!

New York Stock Exchange Threatens To Leave New York Over Proposed Stock Transfer Tax

The tax proposal, which would apply to transfers of stocks, bonds, and derivatives, comes as Albany faces a sharp budget shortfall caused by the coronavirus pandemic.

www.forbes.com

 

[HuntHarder]

Again. Would love some examples. I see a lot of companies leaving republican lead Georgia right now.

Com' on man! Take off those partisan glasses! Call a spade a spade.

 

[sneaky]

Wait til Amazon, FedEx,UPS, USPS start tacking on mileage surcharges to package shipments. Then you'll hear the outrage.

Sent from my SM-G955U using Tapatalk

 

[peterk123]

In the big picture, a mileage tax makes sense as it is passing the cost of highway maintenance to those who use it most, akin to a consumption tax.

Having said that, the application by this administration likely has political overtones as much or more than fiscal ones, so I doubt I will be supportive of how this would be implemented - especially in the context of existing gas taxes that are charged at the state level for this sort of funding.

That's fine, as long as they get rid of the gas tax. Otherwise it's double dipping. If course, it wouldn't be the first time.

 

[elksrunningwild6969@gmail]

Guess we all will be going back to the horse and carriage might as well buy hay.

 

[tdhanses]

You’re right. I can do better than that. My apologies.

I think your argument is that tax cuts to corporate America lead to lower prices and greater purchasing power for Americans. My counter to that is that corporations pass on profits to shareholders not consumers. This in turn increases stock values. Of which less than 50% of Americans have any sizable investments in, including 401k. My comments are about the impacts to working class America.

Without shareholder investment where would all the jobs come from? Remember small business owners are shareholders in their business as well. So easy to blame the money keeping companies growing or giving them the ability to actually employ people. It’s always Interesting to me how some don’t understand this simple concept.

Also how do you expect American companies to compete with the Chinese, should we match Chinese wages and benefits?

Without profits how does a company survive? They can’t operate like the government.

 

[tdhanses]

Are we really going to go back to Obama now? I didn’t vote for the guy but he inherited one of the worst economic crises in American history. I mean look at the trend line in that graph. Anybody could’ve done what trump did for economy and done just as well if not better . There is literally nothing special about trumps economic policy. He had no economic policy. Except tax cuts to the wealthiest and a huge national debt that my grand kids will be forced to deal with.

I wouldn’t say that economic crisis was on that level, read up on the Great Depression to start with. There are many other times that were bad, such as in the 70’s when interest rates were in the high teens and people couldn’t afford anything and we had lines at gas stations waiting for fuel like a 3rd world country.

I’d even say the past years economic crisis and gov spending is worse then anything Obama inherited, he only giving out billon, somewhere around 750 billion if I remember correctly, not 4 trillion we’ve currently spent on COVID and if the dems have their way they’ll spend 3x that.

 

[tdhanses]

0 chance Lucid is going anywhere as well as Fisker imo. Time will tell, but I see EV getting larger and larger every year, especially with a democrat in the WH.

GM announced last month that by 2036 or around there they will only sell EV, it isn’t going anywhere.