cpsro

Where's M3 Max in this mix?

mac_dog said:

Too bad the little dictator can’t tell companies what to do. At least not yet, anyway. 

Sadly many companies are falling in line with Trump's sickness, in order to curry his favor and avoid government scrutiny. This has been all over the news.

The end of DEI means promotion of incompetent white guys--like Hegseth and RFKjr.  More competent women and minorities are the losers. So... no thanks, little man!

9secondkox2 said:
Oh, Tax cuts are bad thing now? LOL

Tax cuts are tax cuts. Not increased. That’s a great thing. 

Tax cuts are good for everyone. And before you cry about wealthy people getting a big break, you have to realize how tax brackets work and how much of a ripoff taxes are currently. Recently took a big career jump. Pay went up by 25,000/year. 

Was so excited. Then I got my first paycheck. Was the same as before. All due to my new friend, Mr. New tax bracket. So I’m genuinely happy for anyone and everyone (including wealthy people) who get a tax break. The bracket system needs to disappear. 

And if corporations get a big tax break, that’s a win for literally everyone as they save money and don’t have to keep jacking up prices to stay profitable. 

Tax cuts without spending cuts are a bad thing and not funny at all. The GOP/Trump 2017 tax cuts are responsible for 25% of the national debt, because no commensurate spending cuts were made. Yes, tax revenue is up, but government spending is up far more. Those tax cuts contributed to inflation, because they put non-existent money in everyone's pocket. The result is: Trump is the world's biggest spender. Corporations were doing just fine before the 2017 cuts and unemployment was at a good level, too, of about 3%. What the cuts allowed was for corporations to buy back shares--which they had promised not to do--which helped make the wealthy even wealthier and everyone else poorer. As has also been noted here, the wealthy have far more options for avoiding taxes than middle-income earners do. Trump didn't bankrupt two casinos without more than a little ineptitude. The supposed savings so far by DOGE are highly exaggerated, inaccurately characterized, opaque (not transparent at all), risky, chaotic, self-serving for Musk and other corporations, and wholly insufficient to justify maintaining the 2017 cuts. Oh, did I mention that the "process" Musk/DOGE is using is also illegal? It's illegal. Congress passed the 1946 Administrative Procedures Act and the 1974 Impoundment Policies Act that establish how Congressionally authorized expenditures are to be reviewed and potentially modified. Trump has done nothing to help ease inflation, which I believe was his number one priority. His immigration efforts are also not doing well and are a mess, with Obama and Biden having performed better without the unnecessary hoopla.

Isn't $500B something like 3X the amount of cash Apple has on hand?