Presidential race 2016

[HairOfTheDog]

The judge extended the deadline by 24 hours and will today be hearing the DNC's request to extend the deadline to October 18^th.

It's being reported that the judge granted the request and the deadline will be the 18^th.

I was glad to see that; I think it's appropriate and fair.

[HairOfTheDog]

I read part of an interview where a Trump supporter said she didn't care about the salacious stuff on either side, she cared that Hillary was going to raise her taxes to the extent she would be paying six grand a year and she cared very much that under Hillary's presidency she would be prevented from saying Merry Christmas.

I copied ^ your comment from the "We Don't Give a Fuck - Trump" thread up here for response because I think you touched on something that's an important issue to many Americans. How do Clinton's and Trump's tax plans affect voters' paychecks?

Income...../......Tax Increase/(Decrease) if Clinton / Tax Increase/(Decrease) if Trump
<$24,800...............................,..............($100)......................................($110)
>$24,800 < $48,400...............................($140).......................................($400)
>$48,400< $83,300................................($110).....................................($1,010)
>$83,300< $143,100 ...............................($40).....................................($2,030)
>$143,100 < $208,800.............................. $100......................................($3,270)
>$208,800 < $292,100.............................. $750......................................($5,350)
$292,100 < $699,000 ................................$4,690...................................($18,490)
$699,000 < $3,7649,600 .........................$117,760.................................($214,690)
> $3,749,600 top .01%............................$805,250...............................($1,066,460)

So, unless that woman you saw interviewed is making over $700k per year, she's confused (and she's definitely confused about anyone banning "Merry Christmas").

Trump is promising cuts in tax rates to everyone, especially the very wealthiest like himself. As a result, the government revenue would be cut by $6 trillion in the next ten years. That means, government spending would need to be cut by that amount just to avoid increasing the existing national debt (which would be nearly impossible even if Trump weren't promising substantial spending increases for defense, infrastructure, police, immigration/border control...). It's not reality.

Clinton's plan would keep taxes about the same up to $290,000 and would add about $5,000 in taxes to those pulling between $290,000 and $800,000. Her plan would take away lower tax rates and some tax breaks from the top 10% and the top 1% and put them more on par with everyone else. For those pulling in over $5,000,000, there would be a new 4% surcharge, which is reflected in the numbers in the chart.

The net result of Clinton's tax plan would be a $1.4 trillion dollar increase in government revenue over the next ten years. That would be used to reduce the government debt and fund her proposals for more immigration/border control, education, health care reforms, etc... I don't honestly believe that Congress (unless it's Democratic majority in both houses) would approve all of the tax increases Clinton proposes on the most wealthy, but I think even a Republican Congress would pass some of them at this time when national debt and income inequality are of major focus and issues to be considered by voters in their re-elections.

Calculation refs and more detailed tax comparisons/analysis:
http://apps.urban.org/features/tpccandidate/
http://www.forbes.com/sites/anthonynitti...f0dc61c233

[Maggot]

Less government is whats needed not more taxes and more government. People that got sucked into the Obama care trap found out when their tax returns were stolen. But please continue with Clinton's promises.

[HairOfTheDog]

Maggot, I covered both Trump's and Clinton's promises, as you can clearly see.

Trump is actually advocating for as big or bigger government as Clinton, while simultaneously promising significantly lower taxes.

If you have a problem with the analysis, post it up.

[Maggot]

OK

Trumps promises.


A Pro-Growth Tax Plan

Every income group receives a tax cut under the Trump plan, with million more being removed from the income tax rolls and low-income Americans paying no income tax at all.

The greatest percentage reduction in tax bill goes to working and middle class taxpayers:

A married couple earning $50,000 per year with two children and $8,000 in child care expenses will save 35% from their current tax bill.

A married couple earning $75,000 per year with two children and $10,000 in child care expenses will receive a 30% reduction in their tax bill.

Married couple earning $5 million per year with two children and $12,000 in child care expenses will get only a 3% reduction in their tax bill.

The plan lowers the business tax rate to 15%. The current business rate 35% rate is one of the highest in the world, making domestic investment unattractive. It includes a 10% tax on repatriation, instantly bringing trillions of dollars back into the U.S. economy now parked overseas.

The plan also allows U.S.-based manufacturers to elect full expensing of plant and equipment, an invitation to massive investment. If they elect this approach, they will give up the ability to deduct interest expense.

Tax brackets in the individual income tax will be reduced from 7 to 3. Tax rates will be 12%, 25% or 33%, with thresholds very similar to the House GOP plan.

The plan will close special interest tax breaks and cap deductions at $100,000 for single filers and $200,000 for married filers, eliminating many costly tax loopholes while stimulating growth.

The standard deduction will be $30,000 dollars for married couples and $15,000 dollars for single individuals. Most taxpayers will have no need to itemize, simplifying their tax returns and making it easier to file.

The plan provides a child care deduction for children up to 13 years of age for average child care expense. There’s an income cap, so the new deductions don’t apply to the rich.

Finally, the plan eliminates the carried interest loophole for Wall Street and the death tax, which falls especially hard on small businesses and farmers.

A Modern Regulatory Framework

One of the keys to unlocking growth is scaling-back years of disastrous regulations unilaterally imposed by our out-of-control bureaucracy.

In 2015 alone, federal agencies issued over 3,300 final rules and regulations, up from 2,400 the prior year. Every year, overregulation costs our economy $2 trillion dollars a year and reduces household wealth by almost $15,000 dollars.

Mr. Trump has proposed a moratorium on new federal regulations that are not compelled by Congress or public safety, and will ask agency and department heads to identify all needless job-killing regulations and they will be removed.

This includes eliminating some of our most intrusive regulations, like the Waters of The U.S. Rule. It also means scrapping the EPA’s so-called Clean Power Plan which the government itself estimates will cost $7.2 billion a year. This Obama-Clinton directive will shut down most, if not all, coal-powered electricity plans in America.

A complete regulatory overhaul will level the playing field for American workers and add trillions in new wealth to our economy – keeping companies here, expanding hiring and investment, and bringing thousands of new companies to our shores.



An America-First Trade Policy

Trade will be an important driver of economic growth along with other key structural reforms.Donald Trump will ensure that every single one of our trade agreements increases our GDP growth rate, reduces our trade deficit, and strengthens our manufacturing base.

There will be no Trans-Pacific Partnership, even if the President and Congress are reckless enough to pass it in a lame duck session against the will of the American people.

Donald Trump will appoint the toughest and smartest trade negotiators to fight on behalf of American workers and direct the Secretary of Commerce to identify every violation of trade agreements a foreign country is currently using to harm our workers.

NAFTA will be renegotiated to get a better deal for American workers. If our partners do not agree to a renegotiation, America will withdraw from the deal.

China will be labeled a currency manipulator. Any country that devalues their currency in order to take unfair advantage of the United States will be met with sharply, and that includes tariffs and taxes.

The U.S. Trade Representative will bring trade cases against China. China's unfair subsidy behavior is prohibited by the terms of its entrance to the WTO. If China does not stop its illegal activities, including its theft of American trade secrets, Donald Trump will use every lawful presidential power to remedy trade disputes, including the application of tariffs.



Unleash American Energy

The Trump energy policy that will make us energy independent, create millions of new jobs, and protect clean air and clean water. We have one of the world’s most diverse resource bases – from abundant coal, oil, and natural gas to geothermal, solar, and wind. We are also the world's leader in energy technologies like nuclear power.

The United States will become the world's dominant leader in energy production. The first step will to undo the damage of the last 8 years. By 2030, the Obama-Clinton energy restrictions will eliminate another half a million manufacturing jobs, reduce economic output by $2.5 trillion, and reduce incomes by $7,000 per person.

The Trump Administration will unleash an energy revolution that will bring vast new wealth to our country. We will support coal production. We will support safe hydraulic fracturing. We will allow energy production on federal lands in appropriate areas. We will also open up vast areas of our offshore energy resources for safe production.

Lifting unnecessary restrictions on all sources of American energy (such as coal and onshore and offshore oil and gas) will (a) increase GDP by more than $100 billion annually, add over 500,000 new jobs annually, and increase annual wages by more than $30 billion over the next 7 years; (b) increase federal, state, and local tax revenues by almost $6 trillion over 4 decades; and © increase total economic activity by more than $20 trillion over the next 40 years.

The Trump Administration will ensure a reliable, streamlined regulatory and permitting process for energy infrastructure projects, and will work with their sponsors to find workable solutions so that worthy energy infrastructure projects can be completed on time and on budget.

Finally, a Trump Administration will support continued research into advanced energy technologies, but we will not be in the business of government picking winners and losers. We need to allow the free market and the innovative spirit of the American people to product the new energy technologies of tomorrow, without undue government interference.

[HairOfTheDog]

When you lay all that out into a comparative analysis, Maggot, what you get is this:

-Trump’s latest proposal (taking into account the reduced number of tax brackets and business owner pass though, noted in your pastes above) would cut taxes by $6.1 trillion over the next decade, with 47% of all cuts in 2017 going to the top 1% (those making $700,000 and above).

-Clinton’s latest plans, on the other hand, would raise taxes by a net $1.4 trillion over a decade, with 92% of the increase in 2017 extracted from the top 1%.

Clinton was correct during debate 2 when she said that Trump's tax proposal would benefit the wealthy more than the Bush tax cuts did, at a factor of at least 2 and substantially increase the debt. I doubted that claim, so I checked and read up.

Measuring it in a different way, the top 1 percent received a tax break equivalent to 0.66 percent of GDP under Bush. Trump’s tax plan would deliver a cut equivalent to 1.32 percent of GDP.

I don't have a problem with everyone paying less taxes, rich or not, and reducing government size/spending. That would be great. Those aren't the choices on the table now, however. Both candidates are promising to increase government in the areas that I mentioned (and more), yet only Clinton has a proposal to cover those costs at a lower hit to the national debt.

Those are the facts and analyses.

More refs:
http://www.forbes.com/sites/janetnovack/...7c6a6a59fc
http://www.politifact.com/truth-o-meter/...ich-bush-/
http://www.nytimes.com/2016/10/12/us/pol...inton.html
http://www.forbes.com/sites/maggiemcgrat...c84e172348

[sally]

So between Donald Trump grabbing pussies and Hillary covering up all of her husband's violent rapes I should probably just vote for Bill Cosby.

[Maggot]

Ya know every time around this time, I'm sick, sick I tell ya. Up to my ears sick of all the commercials and interruptions and yakkety yak about which one is better, faster, more agile and basically a better buy in these times, they go on and on and on about how great they are and how much better off you would be if you just committed and decided on what a person wanted this time around well I'm just beginning to wonder and I'm not sure what will happen but I just gotta say I've had just about enough!!

That's right...................






















Snowmobile commercials, C'mon stop interrupting the friggin hockey games WTF!

[Carsman]

[pyropappy]

[cannongal]

Calling repubs Nazis & fire bombing a campaign office isn't the best way to gain votes.

Taken from: http://www.huffingtonpost.com/entry/loca...0475957b82


Police in North Carolina are investigating the firebombing and vandalism of a local Republican Party office in which the perpetrators threw “flammable material” through the window and spray-painted a swastika on an adjacent building.

The incident occurred overnight Saturday at the GOP headquarters of Orange County in the town of Hillsborough, about 40 miles northwest of Raleigh.

According to a statement from police, the perpetrators likely threw a bottle containing a “flammable substance” through one of the office’s front windows. The substance then “ignited inside the building, burned some furniture and damaged the building’s interior before going out.”

A local business owner who discovered the damage early Sunday found the words “Nazi Republicans get out of town or else” and a swastika spray-painted on the building next to the GOP office.

[Duchess]

Calling repubs Nazis & fire bombing a campaign office isn't the best way to gain votes.

Are you claiming that was done by the Left?

[cannongal]

Calling repubs Nazis & fire bombing a campaign office isn't the best way to gain votes.

Are you claiming that was done by the Left?

I'm not claiming anything, I am making an observation

[HairOfTheDog]

Calling repubs Nazis & fire bombing a campaign office isn't the best way to gain votes.

Are you claiming that was done by the Left?

I'm not claiming anything, I am making an observation

Trump should not have blamed Hillary Clinton and her supporters without any facts whatsoever to substantiate that verdict-by-Trump. But, that kind of fact-free proclamation and lack of respect for the democratic sytem is nothing new for him.

Whoever is actually responsible for the bombing only benefitted Trump's baseless "rigged/fraud" rhetoric at a time when Trump is polling several points behind Clinton in NC. Temporarily closing that Republican campaign office didn't help the Democratic Party or candidate in any way.

Anyhow, hopefully, LE will be able to catch the assholes who bombed the Republican campaign office there and hold them accountable under the law. In the meantime, high profile Democrats in NC immediately established a GoFundMe page with the goal of collecting $10,000 to reopen the Republican office as soon as possible. Over $13,000 was pledged in less than four hours.

[Donovan]

I love how constant repetition and innuendo has grown Clinton's infidelity from affairs to violent rapes with zero proof. Has everyone forgotten Ken Starr and the MILIONS of dollars spent trying to find enough dirt to hang Bill, and the best they could find was a blowjob and a stained dress? Do we not think of there was ANYthing to find they would have found it?

[Maggot]

The deplorables know the score.



The man was in Portsmouth Saturday I wish I had known he is such a great speaker!

[Duchess]

The man was in Portsmouth Saturday I wish I had known he is such a great speaker!

You don't mind the lies that spew forth every time he opens his mouth? We already know the deplorables don't but that's to be expected from the brain dead.

[Maggot]

The man was in Portsmouth Saturday I wish I had known he is such a great speaker!

You don't mind the lies that spew forth every time he opens his mouth? We already know the deplorables don't but that's to be expected from the brain dead.

That smell that is wafting over the crowds at his rally's might fool some as the smell of roses but it is the smell of victory.

[Duchess]

It's a little unnerving to know that a former General in charge of military intelligence now peddles conspiracy websites, sites like InfoWars and Drudge. Jesus.

[Duchess]

That smell that is wafting over the crowds at his rally's might fool some as the smell of roses but it is the smell of victory.

He's got about as much a chance of that as I do in morphing into Julia Child.