Search results

Can someone explain to me why tariffs on imported goods are a tax on the American people, but taxes on corporate earnings are not? The same people, Democrats, claiming taxes on imports are a tax on Americans also want to raise taxes on corporation in the US.

I have to see the fine print. I know SS payments were not taxed at all at one point in our history, but I will be shocked it they go back to that 100%. Democrats are going to scream about wealthy retirees paying no taxes on their social security income and a lot of people are going to agree...

Lots of them. AAPL, NVDA, AMD. Basically any companies manufacturing tech in China. or using tech manufactured in China.

Actually, they did reverse the stay allowing Trump to deport them but they also upheld the due process requirements. At the same time they ruled that DC is not the right venue for hearings on the detainees in question. The moved the venue to Texas ending the Democrats judge shopping spree in DC...

There was a time this clown scared me away from a stock when he claimed it had already peaked. It was a medical robotics company. I was considering buying but when I heard him on the radio I decided to wait. I was young and stupid. The stock when from $47 or something like that to $470 in...

The dumb take about the stock markets is the one where people use percentages to make it seem like no one who isn't rich is affected by the market down-turns. Let's use a percentage as an example. Let's say the top 10% of Americans own 100% of all stocks. That's anyone making over $160,000 per...

One complaint I have about Trump's approach to tariffs is he has picked a fight with the entire world all at once. Maybe it would have been better if he singled out a few countries and made an example of them first. Maybe the market reaction might not have been so severe.

Tech stocks and banks are taking a beating. It may be time to buy but my tech stocks are down more than 50% since January. That's a hard number to swallow. I am trying to decide if I should throw more money at the market today. I do think all these stocks will recover eventually. They always...

Not extending the Trump tax cuts would be a disaster for American workers. Keep in mind Democrats raised the top tax rate already, ignoring the fact that the Obamacare taxes still exist. The will tell you the top tax rate is 37%, which seems fairly low. But what they ignore is the 2.8%...

Of course John Roberts sided with the liberals who argued some nonsense about the lawfulness of terminating the federal grants. It is an astonishingly stupid argument. Imagine a ship hits an iceberg and a judge orders the captain not to plug the hole so that water continues to flood into the...

The Brits never learned how to make a quality car. They had some appealing cars but their reliability ratings were always for shit. I once owned a Triumph Spitfire. Cool car, but what a pile of garbage.

"War is hell." That's why it is a good idea not to start one.

This is probably as much hate on Schumer as it is liking AOC. But if AOC wins the primary, it may be the best opportunity for Republicans to take a senate seat from NY in a long time.

Yes, trade deficits used to be a huge topic every 4 years. Now, not so much. But we did this to ourselves. It was selfish greed that started in the 1970s and just got worse through the 1990s. I remember when Nixon went to China. Worst mistake anyone every made. We thought if we opened China...

I don't agree. he courts have ruled so it is up to congress to write the law to fix it. Weak Republicans are just hiding behind Trump. The president has no authority to overrule the courts. Congress needs to stop talking and start acting. Write a bill to end birthright citizenship and deal...

Considering what I paid in taxes this year, $1 million isn't enough. And btw, remember when Trump supposedly ended Obamacare taxes? Then why are we still getting charged Medicare and investment surtaxes? Its and additional 2.8% for Medicare, and 3.8% on investments. That's on top of the 37%...

So the question is, who blinks first, Trump or the other guys? Europe seems entrenched. The EU has already warned EU countries not to yield to Trump's tactics. China has reciprocated by imposing even higher tariffs on American goods. A trade war is in progress. Will Americans tolerate...

I will guarantee Soros and his pals are shorting banks stocks again.

From what I am reading these are not all reciprocal tariffs. Some are much higher than the country imposes on us. Plus, there are some goods that we do not produce in the US that we imposed tariffs on. For example, Bananas and Coffee. We do not produce those in the US in any significant...

Personally, I think the markets are overreacting to the tariffs. It's the free market purists having a hissy fit. I am a free market believer myself, but I am also a realist. There are no free markets, and if you are the only country pushing free market purism, then you are stupid. Almost...