Skewering of Leftist Economic "Conventional Wisdom"

[Rajoo]

Now for some Right Wing economic wisdom.

IRS Sets Withholding Tables as GOP Pledges Paycheck Increase

“This is outstanding for families in Texas and taxpayers across the country,” House Ways and Means Chairman Kevin Brady, a Texas Republican, said in a statement. Nine out of 10 taxpayers “will see a boost in their take-home pay within the coming weeks,” he said.

Two congressional Democrats have expressed concern that the new tables would “systematically underwithhold income taxes during the 2018 tax year.” That sort of move would boost workers’ pay before the November 2018 congressional elections but could leave them “owing federal income tax when they file in 2019,” according to a Jan. 8 letter to the Treasury Department from Senator Ron Wyden of Oregon and Representative Richard Neal of Massachusetts.

Isn't this what Bush Sr. called Voodoo Economics? Goes to show that some of the people like Texas can be fooled all of the time.

Now we know why some Sam's Club locations (aka Walmart) are closing, Texans cannot make their layaway payments?

Two congressional Democrats have expressed concern that the new tables would “systematically underwithhold income taxes during the 2018 tax year.” That sort of move would boost workers’ pay before the November 2018 congressional elections but could leave them “owing federal income tax when they file in 2019,” according to a Jan. 8 letter to the Treasury Department from Senator Ron Wyden of Oregon and Representative Richard Neal of Massachusetts.

[whell]

Originally Posted by Rajoo

Now for some Right Wing economic wisdom.

IRS Sets Withholding Tables as GOP Pledges Paycheck Increase




Isn't this what Bush Sr. called Voodoo Economics? Goes to show that some of the people like Texas can be fooled all of the time.

Now we know why some Sam's Club locations (aka Walmart) are closing, Texans cannot make their layaway payments?

Two congressional Democrats have expressed concern that the new tables would “systematically underwithhold income taxes during the 2018 tax year.” That sort of move would boost workers’ pay before the November 2018 congressional elections but could leave them “owing federal income tax when they file in 2019,” according to a Jan. 8 letter to the Treasury Department from Senator Ron Wyden of Oregon and Representative Richard Neal of Massachusetts.

Um, what does this have to do with a reduction in corporate tax rates?

Oh, and leave it to the left to find something wrong with letting folks keep more of their own money from their paycheck.

[Rajoo]

Originally Posted by whell

Um, what does this have to do with a reduction in corporate tax rates?

Oh, and leave it to the left to find something wrong with letting folks keep more of their own money from their paycheck.

Really, define folks. I am not one since my property tax deduction is now limited to $10K which is less than half and own two homes with monthly mortgage payments.

Where are the corporate tax cuts going to?
And why isn't this related, better than the fake drivel you are peddling. This is an actual news item, not a twisted opinion from a minion of our deranged leader.

For deranged please read

[whell]

Originally Posted by Rajoo

Really, define folks. I am not one since my property tax deduction is now limited to $10K which is less than half and own two homes with monthly mortgage payments.

Where are the corporate tax cuts going to?
And why isn't this related, better than the fake drivel you are peddling. This is an actual news item, not a twisted opinion from a minion of our deranged leader.

For deranged please read

Have fun going off topic all by yourself.

[whell]

Originally Posted by Chicks

And you wonder why no one wants to discuss the issues with you.

Originally Posted by bobabode

He's a real peach, ain't he?

I'm thinking that its simply because you're not able to, because I've not seen much evidence to the contrary.

[bobabode]

Originally Posted by whell

I'm thinking that its simply because you're not able to, because I've not seen much evidence to the contrary.

Poor Whell, he's such a stable genius.

[whell]

Originally Posted by bobabode

Poor Whell, he's such a stable genius.

Thank you for providing additional evidence to the contrary.

[Rajoo]

Originally Posted by whell

Have fun going off topic all by yourself.

Only when you choose to deflect.

[nailer]

Originally Posted by Rajoo

Really, define folks. I am not one since my property tax deduction is now limited to $10K which is less than half and own two homes with monthly mortgage payments.

You just defined yourself as not being one.

[Chicks]

Originally Posted by whell

Oh, and leave it to the left to find something wrong with letting folks keep more of their own money from their paycheck.

Donny's newest China tariffs just kicked in — and JPMorgan says they could cost American shoppers an extra $1,000 a year

https://markets.businessinsider.com/...9-9-1028490870

Small wonder Whell won't show his idiot face 'round these parts anymore. Such a moron. He completely bought into Donny's lunacy!

I doubt Whell is smart enough to even realize just how duped he was.