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 Hugs to You
Posts: 7551
   
Location: In The Land of Cotton | TXBO - 2016-10-21 2:09 PM NJJ - 2016-10-21 12:49 PM Bear - 2016-10-21 12:04 PM TXBO - 2016-10-21 11:55 AM NJJ - 2016-10-21 11:35 AM....Â
I, also, would like to question those who are in agriculture in this forum to tell us how the "revered" Reagan "trickle down" theory worked for them in the 1980s ....It was the worst time in history (other than the great depression)Â for bankruptcies, farmers losing their family farms and some even committing suicide!
  God I hate when hacks try to rewrite history.  Reagan inherited the highest misery index of all time from a failed Democratic President.  His supply side economic plan did exactly what it was meant to do.  HIs campaign was honest in some of the pain that comes with it.  His plan reduced unemployment and inflation like no president before or since. It's a typical Democrat talking point whenever there's a discussion of the economy under Reagan. 
Now go google stagflation.Â
 But Carter himself really wasn't affected as a farmer because he had a huge peanut quota that carried him over. Â
But all of us who are his relatives and neighbors were. Our quotas were not that large and many of us did loose the family farm.Â
That said - I am glad they don't have the quotas any more - it was another form of government handout.Â
Edited by 3canstorun 2016-10-21 2:37 PM
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  Semper Fi
 
Location: North Texas | TXBO - 2016-10-21 11:37 AM
Silly Filly - 2016-10-21 11:23 AM TXBO - 2016-10-21 10:18 AM foundation horse - 2016-10-21 11:04 AM TXBO - 2016-10-20 9:19 PM Bear - 2016-10-20 6:43 PM What is required to convene an article V convention of the states? Is that even plausible?  I believe there would most certainly be an attempt before talks of succession or revolution. I have ALREADY heard mention of Revolution from, what I consider, mainstream folks in regards to current events.
In the mean time, I continue to hope for a nonviolent return to freedom.Â
Per historical reference only approximately 3 percent of American Colonists participated that is fought in The American Revolutionary War. However participation in The American Civil War was considerably more............ |
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 BHW Resident Surgeon
Posts: 25352
Location: Bastrop, Texas | This article from Forbes is an analysis of Hillary's plan for social security reform.
It's an interesting article that highlights a lot of implications of her plan. Note how her plan will ultimately reduce the federal income tax revenues. Basically she's robbing Peter to pay Paul. It also touches on her plan to raise capital gains tax. Worth the read:
http://www.forbes.com/sites/andrewbiggs/2016/10/21/raising-social-s...
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 My Heart Be Happy
Posts: 9159
Location: Arkansas | TXBO - 2016-10-21 9:18 AM
Chandler's Mom - 2016-10-20 11:33 PM
Three 4 Luck - 2016-10-20 4:50 PM
TXBO - 2016-10-20 3:58 PM Three 4 Luck - 2016-10-20 1:55 PM   That's what people don't get about the tax laws too.  Yes, they are overly complicated and need an overhaul, BUT...  They are written to encourage money to be invested into the economy.  And you see temporary tax laws put in place a lot of years to help direct capital investments where they will do the most good in the current situation, like Section 179.  Section 179 is a great example of why the tax code needs to be scrapped in favor of a flate tax or consumption tax.  The current progressive tax code is manipulated by those with discresionary income and it produces a result that truly burdens the middle class with little to no discretionary income.  I know.  I used sec. 179, I use off shore accounts and every other legal means of tax avoidance.
It's a godsend for a lot of my clients, and I promise they're middle-class!!!
I never meant to suggest that it doesn't help the middle class. Only that it helps the wealthy more. How many middle class families have $500k laying around to take full advantage?
Most of my clients are farmers and the purchase of a new tractor or combine can usually get them out of the tax situation. With the prices/yields this year we may not need it. . . . Things are tough in our area right now. Guess that's most areas tho.
Edited by Chandler's Mom 2016-10-22 12:23 AM
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My Heart Be Happy
Posts: 9159
Location: Arkansas | Three 4 Luck - 2016-10-21 1:01 PM
NJJ - 2016-10-21 12:49 PM Bear - 2016-10-21 12:04 PM TXBO - 2016-10-21 11:55 AM NJJ - 2016-10-21 11:35 AM....Â
I, also, would like to question those who are in agriculture in this forum to tell us how the "revered" Reagan "trickle down" theory worked for them in the 1980s ....It was the worst time in history (other than the great depression)Â for bankruptcies, farmers losing their family farms and some even committing suicide!
  God I hate when hacks try to rewrite history.  Reagan inherited the highest misery index of all time from a failed Democratic President.  His supply side economic plan did exactly what it was meant to do.  HIs campaign was honest in some of the pain that comes with it.  His plan reduced unemployment and inflation like no president before or since. It's a typical Democrat talking point whenever there's a discussion of the economy under Reagan.
This exactly^^^^ |
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Folks on-line