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07-14-2017, 10:32 AM
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Senior Member
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Join Date: Aug 2010
Location: Metro Detroit
Posts: 13,016
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Democrat Jamie Dimon Speaks Out...
...about DC dysfunction. However, here's the part that got my attention.
http://www.cnbc.com/2017/07/14/jpms-...ings-call.html
It's almost an embarrassment being an American citizen traveling around the world and listening to the stupid s--- we have to deal with in this country, and at one point we all have to get our act together or we won't do what we're supposed to [do] for the average Americans and unfortunately people write about this saying like it's for corporations. It's not for corporations. Competitive taxes are important for business and business growth, which is important for jobs and wage growth. And honestly we should be ringing that alarm bell, every single one of you, every time we talk to a client.
So, here's a Democrat who has common sense on taxation, which puts him at odds with the leadership of the Dem party. Bravo Mr Dimon.
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07-14-2017, 11:07 AM
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Loyal Opposition
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Join Date: Oct 2009
Location: Johnson County, Kansas
Posts: 14,401
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So the President of a mega-bank says corporate taxes should be lower. I am shocked I tell you, just shocked.
__________________
Then I'll get on my knees and pray,
We won't get fooled again; Don't get fooled again
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07-14-2017, 11:48 AM
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Senior Member
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Join Date: Aug 2010
Location: Metro Detroit
Posts: 13,016
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Quote:
Originally Posted by d-ray657
So the President of a mega-bank says corporate taxes should be lower. I am shocked I tell you, just shocked.
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So, you're saying you disagree with this statement:
Competitive taxes are important for business and business growth, which is important for jobs and wage growth.
Are you also saying that higher tax rates for business are stimulative and create business growth, and supports job and wage growth?
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07-14-2017, 12:07 PM
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Senior Member
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Join Date: Mar 2013
Location: Sierras
Posts: 14,204
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Quote:
Originally Posted by whell
So, you're saying you disagree with this statement:
Competitive taxes are important for business and business growth, which is important for jobs and wage growth.
Are you also saying that higher tax rates for business are stimulative and create business growth, and supports job and wage growth?
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Every time a GOP induced tax cuts have passed, the economy has gone into a recession. Why is that? Because it defies gravity and actually seeps up, does not trickle down.
Besides who gets to write the tax reform (an oxymoron) laws anyway?
__________________
White Christian Nationalism:
Freedom for us, order for everyone else, and violence for those who transgress.
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07-14-2017, 04:20 PM
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Rational Anarchist
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Join Date: Jul 2014
Location: DFW
Posts: 7,315
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Quote:
Originally Posted by whell
So, you're saying you disagree with this statement:
Competitive taxes are important for business and business growth, which is important for jobs and wage growth.
Are you also saying that higher tax rates for business are stimulative and create business growth, and supports job and wage growth?
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IIRC you recently whined about Just Bob putting words in your mouth.
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"We have met the enemy and he is us."
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07-14-2017, 04:25 PM
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Senior Member
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Join Date: Aug 2010
Location: Metro Detroit
Posts: 13,016
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Quote:
Originally Posted by nailer
IIRC you recently whined about Just Bob putting words in your mouth.
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I was asking a question for clarification. That's what the question mark is for.
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07-14-2017, 04:33 PM
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Rational Anarchist
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Join Date: Jul 2014
Location: DFW
Posts: 7,315
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Quote:
Originally Posted by whell
I was asking a question for clarification. That's what the question mark is for.
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Your first PWIM sentence didn't.
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"We have met the enemy and he is us."
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07-14-2017, 11:09 AM
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Senior Member
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Join Date: Mar 2014
Location: NE Bamastan
Posts: 11,058
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We should also be paying comparable wages. Oh, wait----.
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I'll believe corporations are people when Texas executes one.
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07-14-2017, 11:56 AM
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Senior Member
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Join Date: May 2009
Location: SF east bay
Posts: 4,455
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We do not need as much business growth from taxes as we do from putting money in the pockets that people can spend, which they will do, then business will grow and grow and then America will be great again.
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Russians who vote elect Republicans
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07-14-2017, 11:57 AM
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Senior Member
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Join Date: May 2009
Location: SF east bay
Posts: 4,455
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He is right about the embarrassment part too, but it is more like laughing stock to the rest of the world.
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Russians who vote elect Republicans
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