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Replies: 30
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CU Medallion [20606]
TigerPulse: 100%
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Posts: 16386
Joined: 1998
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Now, its up to Trump to keep the good times rolling.
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Jan 12, 2025, 11:34 AM
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So Yes, No, Maybe? An article that settles on the “Maybe” for sustaining a solid economy and market performance. Time will tell ….
https://apple.news/AdfFv1_QTT2WsP4pxYBydcQ
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Orange Beast [6452]
TigerPulse: 92%
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Joined: 2008
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Re: Now, its up to Trump to keep the good times rolling.
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Jan 12, 2025, 11:44 AM
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When will the next black swan event be? Will we have another natural disaster after the LA fires? Next terrorist action on US soil?
If all goes smoothly on the international front w.r.t. wars, etc. maybe the economy can be set up for success.
Seems like a roll of the dice, though.
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CU Medallion [20606]
TigerPulse: 100%
52
Posts: 16386
Joined: 1998
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Yes international and external factors are the economic Wild cards
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Jan 12, 2025, 12:06 PM
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Continuing the tax breaks and deregulation are tail winds.
Tariffs can be a tail wind or head wind depending on the countries and magnitude.
Targeted deportation neither; massive deportation likely a head wind.
Continuing deficits a head wind _ certainly long term.
Flip a coin ?!?
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TigerNet Champion [118766]
TigerPulse: 100%
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Posts: 76646
Joined: 2003
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Re: Yes international and external factors are the economic Wild cards
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Jan 12, 2025, 9:08 PM
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tax cut for billionaires is not going to help us, just piles on more deficit spending and spurs on a Hawkish fed., and I do not see Congress going for it. He and Musk did not get their unlimited spending package, so he is going to have to beg, or threaten the house. We also have to wait for his executive orders, I believe he rattles them off on the 20th.
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Valley Protector [1437]
TigerPulse: 93%
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Re: Yes international and external factors are the economic Wild cards
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Jan 12, 2025, 10:21 PM
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tax cut for billionaires is not going to help us, just piles on more deficit spending and spurs on a Hawkish fed., and I do not see Congress going for it. He and Musk did not get their unlimited spending package, so he is going to have to beg, or threaten the house. We also have to wait for his executive orders, I believe he rattles them off on the 20th.
The present tax bill that expires is not tax breaks for billionaires
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Gridiron Giant [15404]
TigerPulse: 100%
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Posts: 10500
Joined: 2024
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Re: Yes international and external factors are the economic Wild cards
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Jan 12, 2025, 10:26 PM
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Says the guy who says says the guy.
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Valley Protector [1437]
TigerPulse: 93%
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Re: Yes international and external factors are the economic Wild cards
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Jan 12, 2025, 10:29 PM
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Says the guy who says says the guy.
Said by the man who is always confused
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Gridiron Giant [15404]
TigerPulse: 100%
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Posts: 10500
Joined: 2024
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Re: Yes international and external factors are the economic Wild cards
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Jan 12, 2025, 10:32 PM
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Said the guy who corrects the guy who attempted to say said the guy but mistakenly said says the guy.
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Valley Protector [1437]
TigerPulse: 93%
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Re: Yes international and external factors are the economic Wild cards
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Jan 12, 2025, 10:40 PM
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Said the guy who corrects the guy who attempted to say said the guy but mistakenly said says the guy.
I am not correcting anyone-just stating that the tax bill is not breaks for billionaires.
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Gridiron Giant [15404]
TigerPulse: 100%
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Posts: 10500
Joined: 2024
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Re: Yes international and external factors are the economic Wild cards
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Jan 12, 2025, 10:47 PM
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I know. I was just messing with you. I don't know enough about the tax bill to have an opinion on that issue. You could be accurate for all I know.
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Valley Protector [1437]
TigerPulse: 93%
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Re: Yes international and external factors are the economic Wild cards
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Jan 12, 2025, 10:48 PM
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I know. I was just messing with you. I don't know enough about the tax bill to have an opinion on that issue. You could be accurate for all I know.
CPA here
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Head Coach [911]
TigerPulse: 72%
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Re: Yes international and external factors are the economic Wild cards
Jan 13, 2025, 8:04 AM
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Certified Professional Azzhole.
You can take that credential, add ten bucks, and buy some crack.
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Valley Protector [1437]
TigerPulse: 93%
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Re: Yes international and external factors are the economic Wild cards
Jan 13, 2025, 9:15 AM
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Certified Professional Azzhole.
You can take that credential, add ten bucks, and buy some crack.
You are such a rude man, please get help.
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Clemson Icon [27078]
TigerPulse: 100%
54
Posts: 47070
Joined: 2010
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Valley Protector [1437]
TigerPulse: 93%
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Valley Protector [1437]
TigerPulse: 93%
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Head Coach [911]
TigerPulse: 72%
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Valley Protector [1437]
TigerPulse: 93%
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Re: Yes international and external factors are the economic Wild cards
Jan 13, 2025, 9:17 AM
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The richest people received the largest tax breaks. Everybody knows that. Even some incompetent CPA morons.
The limits on state and property tax deductions actually raised federal income taxes for many of the wealthy. You do not know what you are talking about.
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Head Coach [911]
TigerPulse: 72%
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Re: Yes international and external factors are the economic Wild cards
Jan 13, 2025, 7:43 PM
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The SALT change raised my taxes, so I know a little bit. It was a year after I had large unexpected capital gains and had to pay AMT and NIIT. Because of the change, I wasn't able to recoup part of the prior year AMT, had reduced deductions, and lost the exemptions like everybody else.
However, that marginal change from 39.6% to 37% is a lot more consequential for the very wealthy. And the reduction in corporate income tax rate from 35% to 21% made a difference.
There are studies on this. Maybe some in comic-book form.
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Valley Protector [1437]
TigerPulse: 93%
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Re: Yes international and external factors are the economic Wild cards
Jan 14, 2025, 1:23 PM
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The SALT change raised my taxes, so I know a little bit. It was a year after I had large unexpected capital gains and had to pay AMT and NIIT. Because of the change, I wasn't able to recoup part of the prior year AMT, had reduced deductions, and lost the exemptions like everybody else.
However, that marginal change from 39.6% to 37% is a lot more consequential for the very wealthy. And the reduction in corporate income tax rate from 35% to 21% made a difference.
There are studies on this. Maybe some in comic-book form.
I am so sorry you lost your job as a clown when Ringling Brothers stopped operating.
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Head Coach [911]
TigerPulse: 72%
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Re: Yes international and external factors are the economic Wild cards
Jan 14, 2025, 8:35 PM
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It's OK. I can still make money consulting and hopefully get lucky with some expert witness work.
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Clemson Icon [27078]
TigerPulse: 100%
54
Posts: 47070
Joined: 2010
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Head Coach [911]
TigerPulse: 72%
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Re: Now, its up to Trump to keep the good times rolling.
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Jan 12, 2025, 9:18 PM
[ in reply to Re: Now, its up to Trump to keep the good times rolling. ] |
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If Trump follows through with his plans and removes all the competent people from the FBI, we'll be at risk of more homeland terrorism. Then he gets to point the finger at whoever pissed him off last.
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Clemson Icon [27078]
TigerPulse: 100%
54
Posts: 47070
Joined: 2010
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Many were "competent"... at TDS lawfare. Think of the 100$ of Million$ spent...***
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Jan 13, 2025, 12:00 AM
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Dynasty Maker [3382]
TigerPulse: 100%
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TigerNet Champion [118766]
TigerPulse: 100%
65
Posts: 76646
Joined: 2003
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Wild Guess, but December's numbers
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Jan 12, 2025, 9:05 PM
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were seasonal retail jobs and the corrected numbers will be closer to the 150k. But BOA made a statement last week that they anticipate a rate hike first quarter
I mean we went from potentially 4 rate cuts, to two, to a hawkish fed and potentially more rate hikes. This will stall the markets and could trigger a recession if trump does not shut his trap about tariffs and, instead, takes credit for the Biden economy and moves on. (Crossing fingers)
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Head Coach [911]
TigerPulse: 72%
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Re: Wild Guess, but December's numbers
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Jan 12, 2025, 9:14 PM
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Plus striking workers going back to work. It's hard to look at month-to-month or quarter-to-quarter numbers out of context. Same rule goes for corporate earnings.
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Ultimate Tiger [33985]
TigerPulse: 100%
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Joined: 2003
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Legend [7003]
TigerPulse: 100%
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Re: Now, its up to Trump to keep the good times rolling.
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Jan 12, 2025, 10:38 PM
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Not sure Trump was elected to "keep the good times rolling" as most perceive the country heading in the wrong direction on a variety of fronts. Now that doesn't necessarily mean whatever Trump does will make things better, far from it, but he wasn't elected to be Biden 2.0 no matter how much the kooks would like him to be just that.
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All-Time Great [88446]
TigerPulse: 100%
63
Posts: 60917
Joined: 2004
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Trump has said everything will be fixed in 6 months.
Jan 13, 2025, 9:04 AM
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Here's to utopia in August!
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Clemson Icon [25370]
TigerPulse: 100%
54
Posts: 18433
Joined: 2000
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Re: Trump has said everything will be fixed in 6 months.
Jan 14, 2025, 8:46 PM
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He'll have all the lib's losing their minds by then, heck most of 'em are already off there rockers.
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Replies: 30
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