The Trump Presidency Discussion Thread (Non-Meme version)

This is the part I don’t get. They’re being so obviously biased that now even people on the left are admitting they’re biased. At some point aren’t you damaging your brand by continuing to push nonsense and anti-trump spin 24/7? I would think a reputation for being honest would be important as a new agency. Maybe that’s naive but eventually I think this is going to catch up to them and see people bailing from traditional news sources. When you have to sift for news and consistently find the truth in memes and nothing but spin and fake news on the MSM it’s a pretty sad day in journalism. I’ve lost track of how many times I’ve seen something in the meme thread and gone, “Wow, that’s pretty amazing if it’s true” only to google it and find out yes, it is true, but I never saw anything about it on CNN, Fox or the BBC (my 3 daily goto MSM sites).

It seems to have worked for Fox News, hasn’t it? lol I get the feeling that they really laid the ground work for combative bipartisan journalism, but I haven’t paid attention to politics long enough to really know for sure.

I guess it is naive to think it will catch up to them. And to be honest, I’m right there with you. There are too many stupid people consuming the most dramatic news of the day versus the most important that it hurts their ratings to cover REAL news that effects our lives.

As much as I want to keep hope that any news organization can grow past this and be truly fair, it won’t happen in this political climate and Trump is only making it worse. To top it off politicians are so disconnected from their constituents that they have no idea how bad it is. You think Chris Collins or Brian Higgins gives a flying fuck about you or me? I sure don’t. We need real people being voted in again and not rich, douchebag, career politicians.

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Sometimes that’s a good sign. It can mean that responsible organizations won’t cover it until they can verify a source. (Emphasis on the word sometimes.) I often notice this with NPR where they won’t have a story right away, but will later cover it in detail with real and useful information.

No Baizuo in China!

“Chinese people are impressed that he is extremely rich, he loves things splendid and magnificent, and he loves to show off. Not every billionaire is like that,” said Yin Hao, who translates American news and comedy clips for his nearly one million followers on Weibo.

Trump’s popularity in China largely comes from his disdain for political correctness and defiance of traditional liberal western views, which many Chinese consider elitist and unrealistic, Chen said.

“In China, realists hold a deep-rooted belief that the rule of the jungle means the strong prey on the weak,” Chen said. “For them, the world is not split into right and wrong, good or evil, it is only success or failure, the powerful and the weak.”

Trump scores extra points for his daughter Ivanka, a businesswoman and currently advisor to President Trump, and her Mandarin-speaking children.

Ivanka Trump is sometimes referred to as “goddess” on Chinese social media

http://www.reuters.com/article/us-trump-asia-china-popularity/chinese-fans-prepare-to-welcome-rich-powerful-free-spirit-trump-idUSKBN1D71BW

the progress of Trump’s tax overhaul has been well covered in the Canadian business news today but i didnt see it at all on CNN and i looked. *edit, i see now buried beneath a bunch of nonesense.

what are you guys thinking on this?

Gigantic handout to the rich and corporations at the expense of the middle and working class, homeowners, families, grad students, and people in blue states. Because they’re doing so poorly now. They’re actively attacking Democratic constituencies with the SALT deduction and mortgage deduction cuts as democrats generally live in areas with more expensive housing and higher state taxes, and people with graduate educations vote Democrat. By my calculations it would cost me about an $11k a year tax hike. Not to mention, all of these guys that got elected on BS about the deficit under Obama are proposing to blow a gigantic, multi-trillion dollar hole in it. Just another iteration of “trickle down” economics where the money trickles down into billionaires’ pockets and corporations’ accounts and dividends. Hoping there are enough sane minds in the Senate to kill it.

Most House Republicans in states like NY, NJ, and CA voted no because they recognize how badly it hurts their constituents, but then you have assholes like Chris Collins, who got elected by a whole bunch of country bumpkins who will be hurt by it, and a few rich people in Clarence who will be immensely helped. He voted yes and even admitted which group he cares about when he said that his big money people told him to get it done or their cash would be cut off. Citizens United rearing its ugly head yet again.

You’re going to see the senate version amended to include the same $10k cappped state property tax deduction that’s in the house version or it’s not going to pass. Assuming that happens bring it on. The lower tax rate for small businesses will be huge for where I work.

Isn’t this pretty much us? i mean, i’m Canadian so it’s not really me but many of us on here on incorporated or in the top few % in the country. I’m incorporated in the US actually so i guess it does help me.

honestly, i don’t know what the tax overhaul means but since i take everything the MSM says with a grain of salt i just assume the narrative you are espousing, which is the MSM one, is inaccurate.

How is charging less taxes to corps handing out anything? isn’t it taking away less :lol:

People also seem really confused about how effective tax rates and tax brackets work.

I also like how people are crying about the house bill eliminating the state sales tax deduction. You can only deduct sales tax or property tax currently. I’ve tried that sales tax angle a few years, even the year I bought the boat and SUV in my sig and I still couldn’t make my state sales tax add up to more than my property tax bill. Assuming the senate bill ends up with the same up to $10k property tax deduction the house bill has (which to get the support of blue state republicans they’ll have to) it’s not “an attack on the middle class” that Cuomo and pals are making it out to be. Not many middle class people I know are paying over $10k in property taxes. If your house is worth enough that your property tax bill is so significantly beyond $10k that it makes a difference in your taxable income you’re REALLY stretching the definition of middle class.

You know who that $10k property tax deduction cap hits? The wealthy people downstate with half million+ homes that the democrats are always claiming they want to pay more taxes.

This guy, with his $700k house in Clarence paying $13k a year in taxes is going to have $3k less he can deduct though.

^ I guess the democrats want us to cry for him now after spending the last 10 years waging class warfare against him.

Yeah my property tax is around 3.5k. I’m the middle class. My house is worth around 100k

There is no final tax bill yet. I’m waiting to see if there will even be one before I praise / bitch about what’s in it.

There’s a a house bill that passed and a senate bill that just moved out of committee that’s pretty similar. The final bill will be some combination of the two so I think you can start looking at it.

When the ‘left’ uses the 'ole “tax cuts are only for the rich!” they’re not wrong. Who pays the majority of taxes? Rich people. What that statement does do effectively though is make some people upset. Feels over reals.

I don’t know the exact % but something like 40% of all Americans don’t pay any federal income tax at all, so of course this bill wouldn’t be for them.

Actually federal tax policy IMO is kinda boring in the sense that changes to state tax systems would have a much greater affect on more people.

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Oh I know, but I figure I can wait the week(s) until things are decided… or not. Never underestimate the ability for congress to kill the process, lol.

So for people making 40k-120k in the Buffalo area, what are the pros and cons?

I’m glad they’re dealing with the SALT deductions.

How is it fair that people in high-tax states get to deduct more on their Federal taxes than I do? If you don’t like your state’s high taxes, then fight for reductions there. Or move.

How is it fair that I pay federal tax on the money I pay in state taxes? That’s not money in my pocket, it’s money I’m paying other governments. I have $13,000 in property taxes a year and $24,000 in mortgage interest. Now I’d be paying federal tax on those. And no, I’m not wealthy, and my house in CA is all of 1200 square feet.

:tup:

It’s fair, because that’s the way it works.

That isn’t the way it works, that’s the way they want to make it work. You’re benefitting from low state taxes because NY and CA subsidize NC at a federal level, and we’re suffering. Now you want to double dip it. Looking at Sue Collins/John McCain/Bob Corker/Lisa Murkowski/Jeff Flake to save our ass on this though. Only takes one if Alabama doesn’t send serial pedophile Roy Moore to the Senate.

yeah, you’re going to have to go-ahead and qualify that one.