Uh oh Wizard guys......

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rsm said:
My investments have hit a few new highs already; I expect them to double or more in the next four years.
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Yep, I hope mine double in the next four...just like they did the previous four years. S&P was at about 3600 four years ago. It's good to live in times of prosperity.
 
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skoora said:
Ah, so they don’t mind government handouts after all ?
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In Missouri Gov Parsons a Lt Gov by default failed farmer & county sheriff became Gov when Eric Greitens resigned in discrace after someone posted the story of him tying up gagging and hosing his hair stylist all the while married and claiming to be a Chreestshun.
Parsons took away some low income tax credits for blind / disabled & seniors that was voted into Law by Missouri voters in 1972 and gave that money to "farmers".
In 1930's 70% of Americans lived on farms we had 2 in Kentucky.
Most "farmers" today either pay larger operations to farm their crops or are owned by giant billion dollar Corporations.
The "family farm" that operates w/o US Gov. subsidy died 50 years ago.
Today after 2 terms as Gov. and stacking the deck in his favor Parsons owns one of the biggest cattle operations in the state.
Fuck the blind, Fuck the disabled and Fuck Seinors according to him another "chreeshun".
 
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RedB4Black said:
Trump tariffs will make foreign products more expensive, also US products with foreign made components. On the counterbalance, Trump wants to lower the Corporate tax rate to 15% or less...which should offset cost increases...the net effect, force foreign production to pay the tax burden.

Democrats bitching about tariffs being inflationary conveniently forgot they wanted an increase in the corporate tax rate to at least 28%. How would that not be inflationary? Increased tax burden gets passed on to the consumer.

Corporations don't pay income taxes in a relative sense, consumers do in the form of higher prices.
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That’s laughable. Corporations took the savings from Trump’s 2 trillion dollar tax cut, of which 85% went to them and the wealthy, and bought back their own stocks, without deflating prices to consumers in the least.
All while recording record profits and amassing even more power over our economy.
But inflation is the dems fault…
 
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Worried about tariffs on imported amps during the upcoming administration? Easy solution... buy a Larry!
You send a deposit now, and by the time your amp is ready, both Democrats and Republicans are going to be gone, and world politics will be AI ruled, with a single universal party, the AI-Liberative, and since tube amps are going to be obsolete by then, there's be no tariffs on tube amps at all. Larry might add a 89,128,734% inflation to his very reasonable price, but it'll still be tariff free.
 
napalmdeath said:
Not to mention the rampant inflation they caused for the last 4 years. Delusional hypocrites.
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Have you already forgotten the supply/demand issues caused by COVID WORLDWIDE, and the inflation that resulted from it, that we’ve been getting fucked over by ever since?
Stop blaming democrats and start blaming the greed of corporations that are recording greater profits and more power than ever.
Yeah, let’s reward them with more tax cuts, fucking brilliant..
 
jabps said:
Threats or not he about killed the American Farmers his first go around with Tariffs. Then had to turn around and bail them out. So basically the Tariff was a wash. Maga, Dems, moderates whoever you are doesn't change the fact that he doesn't know how a Tariff works, he's made that clear. The US imports tons of materials, food and petroleum from Canada and Mexico, two of our biggest allies, why in the hell would anyone want to put a Tariff on those countries is ludicrous.
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We bailed our farmers out to the tune of $15 billion.
 
DanTravis62 said:
The lack of political understanding in RT is mindblowing sometimes but then my surprise turns to understanding after I remember the crowd

The tariff threat is leverage you retards, last time he did the exact same thing and mexico got their military to the border to stop immigration literally before the tariff took effect.
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They’ve now all seen that move. We’ll see how it plays out.
Bottom line is if it backfires consumers pay the price of tariffs.
 
Smash said:
It is just an amp brand; like Soldano, Mesa, hermansson. Maybe because he is Canadian it makes people butthurt?
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just joking because Wizard was in the title, could have been any amp brand; and more fun if it was Larry

still:


thats-the-joke-ranier-wolfcastle.gif
 
skoora said:
Ah, so they don’t mind government handouts after all ?
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I’d say there is a big difference between working your ass off to feed the United States, pouring every ounce of your livelihood and your families and your generations future into your crops and expecting the government to ease restrictions a bit, and sitting around popping out kids, complaining that everything is someone else’s fault, putting 26 inch rims on your 83 Cadillac to roll back to the section 8 housing, and generally promoting a terrible cultural lifestyle and having the government pay for it….but yea, totally.
 
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Beyond Black said:
That’s laughable. Corporations took the savings from Trump’s 2 trillion dollar tax cut, of which 85% went to corporations and the wealthy, and bought back their own stocks, without deflating prices to consumers in the least.
All while recording record profits and amassing even more power over our economy.
But inflation is the dems fault…
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What's wrong with a stock buy-back? It just returns capital to the shareholders (tax free, with the exception of any gains they realize). Democrats don't like it because they'd rather the corporations pay more in dividends which are fully taxable as a means to return capital to shareholders.

Nowadays you should like corporate stock buy-backs because they now have to pay a ridiculous 1% excise tax on net repurchases. Democrats want that to be more like 4%. Such bullshit.
 
Beyond Black said:
That’s laughable. Corporations took the savings from Trump’s 2 trillion dollar tax cut, of which 85% went to them and the wealthy, and bought back their own stocks, without deflating prices to consumers in the least.
All while recording record profits and amassing even more power over our economy.
But inflation is the dems fault…
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I fail to see any problems here.
 
SpiderWars said:
Yep, I hope mine double in the next four...just like they did the previous four years. S&P was at about 3600 four years ago. It's good to live in times of prosperity.
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But, but, things suck! Yes, I made a ton under the current administration as well and have no complaints. We'll see what suck is soon.
 
RedB4Black said:
What's wrong with a stock buy-back? It just returns capital to the shareholders (tax free, with the exception of any gains they realize). Democrats don't like it because they'd rather the corporations pay more in dividends which are fully taxable as a means to return capital to shareholders.

Nowadays you should like corporate stock buy-backs because they now have to pay a ridiculous 1% excise tax on net repurchases. Democrats want that to be more like 4%. Such bullshit.
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So what your saying is the tax cuts that the wealthy and corporations enjoy don’t actually “Trickle Down” to the middle class, and that’s nothing more than a scam, correct? Imagine that….
 
Beyond Black said:
So what your saying is the tax cuts that the wealthy and corporations enjoy don’t actually “Trickle Down” to the middle class, and that’s nothing more than a scam, correct? Imagine that….
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middle class people own stock and have 401ks who benefit when corporations do well. I know I benefited greatly from the TCJA and am looking forward to it getting renewed.
 
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