# The Trump Presidency Discussion Thread (Non-Meme version)

**URL:** <https://forums.speedlife.net/t/the-trump-presidency-discussion-thread-non-meme-version/274441>\
**Category:** NYSpeed Off Topic\
**Created:** [December 12, 2016, 1:42pm UTC](https://forums.speedlife.net/t/the-trump-presidency-discussion-thread-non-meme-version/274441 "2016-12-12T13:42:50Z")\
**Posts on this page:** 20\
**Page:** 86

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**Author:** ![Paulo](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/paulo/32/7328_2.png) [@Paulo](https://forums.speedlife.net/u/Paulo)\
**Post date:** [December 20, 2017, 8:31am UTC](https://forums.speedlife.net/t/the-trump-presidency-discussion-thread-non-meme-version/274441/1701 "2017-12-20T08:31:37Z")

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@**[LZ](http://www.nyspeed.com/member.php?u=95)** feel free to input your thoughts about the long term benefits to the country of this bill. 🙂

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**Author:** ![LZ1](https://avatars.discourse-cdn.com/v4/letter/l/7ab992/32.png) [@LZ1](https://forums.speedlife.net/u/LZ1)\
**Post date:** [December 20, 2017, 8:35am UTC](https://forums.speedlife.net/t/the-trump-presidency-discussion-thread-non-meme-version/274441/1702 "2017-12-20T08:35:19Z")

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> [@Paulo](#):
>
> @**[LZ](http://www.nyspeed.com/member.php?u=95)** feel free to input your thoughts about the long term benefits to the country of this bill. 🙂

I truly don’t care…8 years for our economy and politics is a VERY long time.

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**Author:** ![Paulo](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/paulo/32/7328_2.png) [@Paulo](https://forums.speedlife.net/u/Paulo)\
**Post date:** [December 20, 2017, 8:36am UTC](https://forums.speedlife.net/t/the-trump-presidency-discussion-thread-non-meme-version/274441/1703 "2017-12-20T08:36:48Z")

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Ah okay. Just go back to posting useless shit about democrats without actually understanding the topics. :tup:

But really, it’s something that I hope you actually do care about. This is a huge shift for the country.

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**Author:** ![LZ1](https://avatars.discourse-cdn.com/v4/letter/l/7ab992/32.png) [@LZ1](https://forums.speedlife.net/u/LZ1)\
**Post date:** [December 20, 2017, 8:37am UTC](https://forums.speedlife.net/t/the-trump-presidency-discussion-thread-non-meme-version/274441/1704 "2017-12-20T08:37:53Z")

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It’s pretty simple we will find out what happens in the next couple years…If its horrible boom democrats get elected and change the tax code.

I realize you think everything is literally the end of the world but its really not bad that.

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**Author:** ![Paulo](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/paulo/32/7328_2.png) [@Paulo](https://forums.speedlife.net/u/Paulo)\
**Post date:** [December 20, 2017, 8:40am UTC](https://forums.speedlife.net/t/the-trump-presidency-discussion-thread-non-meme-version/274441/1705 "2017-12-20T08:40:05Z")

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C’mon. That’s the complacency that results in elected officials who get away with shit that doesn’t help their constituents.

Stay involved. Stay informed. It’s better for everyone that way.

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**Author:** ![LZ1](https://avatars.discourse-cdn.com/v4/letter/l/7ab992/32.png) [@LZ1](https://forums.speedlife.net/u/LZ1)\
**Post date:** [December 20, 2017, 8:44am UTC](https://forums.speedlife.net/t/the-trump-presidency-discussion-thread-non-meme-version/274441/1706 "2017-12-20T08:44:44Z")

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How so? People I wanted elected lowered my taxes for at least the next 8 years…

Companies I work for/with with also have to pay lower taxes :tup:

If you’re only hang up with the tax bill is what happens in 8 years awesome because most of the time there are many many other issues people find. If that was what they had to do to make it pass :tup:

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**Author:** ![juicedz4](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/juicedz4/32/5051_2.png) [@juicedz4](https://forums.speedlife.net/u/juicedz4)\
**Post date:** [December 20, 2017, 9:17am UTC](https://forums.speedlife.net/t/the-trump-presidency-discussion-thread-non-meme-version/274441/1707 "2017-12-20T09:17:30Z")

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To me it makes sense to have the corporate rates stay lower as companies are typically planning 5-10+ years ahead at a minimum. If that was set to change after say 5-8 years none of them would even think about reinvesting here. But when you show that you intend to keep it low, it becomes way more likely.

In the mean time Ill take the extra couple G a year and spend it on car parts.

Dan

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**Author:** ![LZ1](https://avatars.discourse-cdn.com/v4/letter/l/7ab992/32.png) [@LZ1](https://forums.speedlife.net/u/LZ1)\
**Post date:** [December 20, 2017, 11:19am UTC](https://forums.speedlife.net/t/the-trump-presidency-discussion-thread-non-meme-version/274441/1708 "2017-12-20T11:19:49Z")

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[http://www.nasdaq.com/article/att-backs-plan-to-invest-1-bln-in-us-in-2018-if-tax-bill-is-signed-into-law-20171220-00056](http://www.nasdaq.com/article/att-backs-plan-to-invest-1-bln-in-us-in-2018-if-tax-bill-is-signed-into-law-20171220-00056)

AT&T Backs Plan To Invest $1 Bln In US In 2018 If Tax Bill Is Signed Into Law  
:lol:

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**Author:** ![Paulo](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/paulo/32/7328_2.png) [@Paulo](https://forums.speedlife.net/u/Paulo)\
**Post date:** [December 20, 2017, 11:45am UTC](https://forums.speedlife.net/t/the-trump-presidency-discussion-thread-non-meme-version/274441/1709 "2017-12-20T11:45:22Z")

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Awesome. :tup:

Not to be cynical, but I guarantee that they will be the exception and not the rule. Only $1.499 Trillion to go!

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**Author:** ![juicedz4](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/juicedz4/32/5051_2.png) [@juicedz4](https://forums.speedlife.net/u/juicedz4)\
**Post date:** [December 20, 2017, 12:04pm UTC](https://forums.speedlife.net/t/the-trump-presidency-discussion-thread-non-meme-version/274441/1710 "2017-12-20T12:04:55Z")

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Itll be fun to see how much debt is added over the next 8 years compared to the last 8.

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**Author:** ![LZ1](https://avatars.discourse-cdn.com/v4/letter/l/7ab992/32.png) [@LZ1](https://forums.speedlife.net/u/LZ1)\
**Post date:** [December 20, 2017, 12:05pm UTC](https://forums.speedlife.net/t/the-trump-presidency-discussion-thread-non-meme-version/274441/1711 "2017-12-20T12:05:33Z")

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[#Boeing](https://twitter.com/hashtag/Boeing?src=hash) announces $300M employee-related and charitable investment as a result of [#TaxReform](https://twitter.com/hashtag/TaxReform?src=hash) legislation to support our heroes, our homes and our future.

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**Author:** ![boardjnky4](https://avatars.discourse-cdn.com/v4/letter/b/96bed5/32.png) [@boardjnky4](https://forums.speedlife.net/u/boardjnky4)\
**Post date:** [December 20, 2017, 12:08pm UTC](https://forums.speedlife.net/t/the-trump-presidency-discussion-thread-non-meme-version/274441/1712 "2017-12-20T12:08:31Z")

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I REALLY hope that this tax cut works as designed.

Like anyone else, I dislike that it expires, but they had to play by certain rules to pass the legislation. For now, I’ll appreciate the break that it gives me.

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**Author:** ![Onyx\_Z32](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/onyx_z32/32/7581_2.png) [@Onyx\_Z32](https://forums.speedlife.net/u/Onyx_Z32)\
**Post date:** [December 20, 2017, 12:26pm UTC](https://forums.speedlife.net/t/the-trump-presidency-discussion-thread-non-meme-version/274441/1713 "2017-12-20T12:26:39Z")

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> [@Paulo](#):
>
> Why wouldn’t it all be permanent? Or all sunset?

> [@Onyx Z32](#):
>
> average Americans only get a temporary break because they’re an insignificant to the federal tax base…
> 
> … making it (the corporate rate) permanent has the function of bringing certainty.

And

> [@Onyx Z32](#):
>
> The individual tax cuts expire at a time convenient for the Republicans. This is a common strategy actually.

> [@Paulo](#):
>
> This made me laugh a bit. I know what you mean but if someone were to listen to Trump, Paul Ryan, and Mitch McConnell, this thing is entirely for the middle class.

In politics you craft your message to the largest group, this is not suprising and both sides do this.

> [@Paulo](#):
>
> Are you ‘some?’

Yep, that’s me. But we can’t know the full impact.

> [@Paulo](#):
>
> Are you willing to make a $1.5 Trillion bet on the goodwill of corporations and billionaires?

You forgot the “over 10 years” part. So $150 Billion each year. Under Obama we racked up about $1 Trillion a year. So we’re increasing that by roughly 15%.

Remember,

> [@Onyx Z32](#):
>
> No Dems complained under Obama: [https://www.treasurydirect.gov/NP/debt/search?startMonth=01&startDay=20&startYear=2009&endMonth=01&endDay=20&endYear=2017](https://www.treasurydirect.gov/NP/debt/search?startMonth=01&startDay=20&startYear=2009&endMonth=01&endDay=20&endYear=2017)

> [@Paulo](#):
>
> The economy was growing steadily and ramped up with the hopes of this tax bill.

So in a way the anticipation of a Trump tax bill was already working even before being signed 🙂

> [@Paulo](#):
>
> Do you really think those profits are going towards average workers? Fuck no. It’s going to the shareholders and top management…
> 
> … It will just pay out more to shareholders and have better metrics to talk about.

The shareholders are the average workers. If you have a 401k, retiremnt plan, etc where do you think your money is going? Certinaly not into non-profits.

I personally know someone who, because of the enconomic growth that we agree has resulted from hopes of this bill, will be able to retire at least 1 year sooner. They don’t make a lot of money. But they do have retiremnt investments that have been positivly impacted.

Man, I really wish I knew which companies were going to get greedy over this because I’d buy more of their stock now :tup:

> [@Paulo](#):
>
> I still haven’t gotten the answer to my question.
> 
> Tell me why you’re supporting it.

.

> [@Onyx Z32](#):
>
> Because, on average, I believe individuals and corporations retaining more of their income is good thing.

- 
  - 
    - Updated - - -

> [@LZ](#):
>
> [http://www.nasdaq.com/article/att-backs-plan-to-invest-1-bln-in-us-in-2018-if-tax-bill-is-signed-into-law-20171220-00056](http://www.nasdaq.com/article/att-backs-plan-to-invest-1-bln-in-us-in-2018-if-tax-bill-is-signed-into-law-20171220-00056)
> 
> AT&T Backs Plan To Invest $1 Bln In US In 2018 If Tax Bill Is Signed Into Law  
> :lol:

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<div class="post-metadata">

**Author:** ![Paulo](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/paulo/32/7328_2.png) [@Paulo](https://forums.speedlife.net/u/Paulo)\
**Post date:** [December 20, 2017, 12:27pm UTC](https://forums.speedlife.net/t/the-trump-presidency-discussion-thread-non-meme-version/274441/1714 "2017-12-20T12:27:47Z")

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Good discussion. :tup: You don’t have to compare things to the Obama era for me. I don’t like the way democrats do things either.

I completely understand your perspective on this. I think we agree on most of this aside from the effect it will have long term. I would correct your last statement to say:

> [@Onyx Z32](#):
>
> _Because, on average, corporations retaining more of their income is good thing. The temporary cuts for average citizens is a ‘nice to have.’_

To me, this bill is a thinly veiled bonus for rich people. I’ve been an advocate for lowering the corporate tax rate this whole time, so I can dig that. The temporary middle class cuts were as you described, a political appeasement and a way to meet the requirements while still giving the breaks to highest earners.

Edit - that’s great PR for AT&T. Only $1.4988 Trillion to go!

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**Author:** ![Onyx\_Z32](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/onyx_z32/32/7581_2.png) [@Onyx\_Z32](https://forums.speedlife.net/u/Onyx_Z32)\
**Post date:** [December 20, 2017, 12:31pm UTC](https://forums.speedlife.net/t/the-trump-presidency-discussion-thread-non-meme-version/274441/1715 "2017-12-20T12:31:11Z")

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![https://i.redd.it/mnhmq6rup4501.png](https://i.redd.it/mnhmq6rup4501.png)

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**Author:** ![Paulo](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/paulo/32/7328_2.png) [@Paulo](https://forums.speedlife.net/u/Paulo)\
**Post date:** [December 20, 2017, 12:32pm UTC](https://forums.speedlife.net/t/the-trump-presidency-discussion-thread-non-meme-version/274441/1716 "2017-12-20T12:32:36Z")

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Only $1.4985 Trillion to go!

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**Author:** ![bing](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/bing/32/7211_2.png) [@bing](https://forums.speedlife.net/u/bing)\
**Post date:** [December 20, 2017, 12:59pm UTC](https://forums.speedlife.net/t/the-trump-presidency-discussion-thread-non-meme-version/274441/1717 "2017-12-20T12:59:05Z")

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> [@Paulo](#):
>
> Only $1.4985 Trillion to go!

It’s been what?? 3 hours?

should be under-par by June of next year at this rate 🙂

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**Author:** ![LZ1](https://avatars.discourse-cdn.com/v4/letter/l/7ab992/32.png) [@LZ1](https://forums.speedlife.net/u/LZ1)\
**Post date:** [December 20, 2017, 1:01pm UTC](https://forums.speedlife.net/t/the-trump-presidency-discussion-thread-non-meme-version/274441/1718 "2017-12-20T13:01:08Z")

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> [@bing](#):
>
> It’s been what?? 3 hours?
> 
> should be under-par by June of next year at this rate 🙂

:lol: :lol:

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**Author:** ![nermoria](https://avatars.discourse-cdn.com/v4/letter/n/b9e5f3/32.png) [@nermoria](https://forums.speedlife.net/u/nermoria)\
**Post date:** [December 20, 2017, 1:04pm UTC](https://forums.speedlife.net/t/the-trump-presidency-discussion-thread-non-meme-version/274441/1719 "2017-12-20T13:04:31Z")

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Wait, so the fact that I will receive $1400 refundable tax credit for every child is going to be helpful for the rich and not me how?

Also JCT numbers show middle class getting most of it with 14% to the “wealthy”.

Who cares though when we all make Buffalo great again in a few years from the billions we get in crypto profits? 😃 😃 😃

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**Author:** ![Paulo](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/paulo/32/7328_2.png) [@Paulo](https://forums.speedlife.net/u/Paulo)\
**Post date:** [December 20, 2017, 1:05pm UTC](https://forums.speedlife.net/t/the-trump-presidency-discussion-thread-non-meme-version/274441/1720 "2017-12-20T13:05:02Z")

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> [@bing](#):
>
> It’s been what?? 3 hours?
> 
> should be under-par by June of next year at this rate 🙂

:lol: I hope so. The problem is that we won’t know if this is truly good or bad for years. So keep posting PR stunts I guess.

I can assure you that I don’t want this to be a bad thing. It’s just no secret what it was really trying to do.

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