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  #1221  
Old 18.04.2016, 15:22
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Re: Donald Trump and Co

so, turns out its a bit of pms but this made me cry, i'm still a bit upset about this though.

ted cruz and his economic policy

How can someone tout this regressive taxation as economic policy

I looked back at the history of tax in the uk and youd have to go back to the middle ages to set up something like this wouldnt you?
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  #1222  
Old 18.04.2016, 15:36
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Re: Donald Trump and Co

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so, turns out its a bit of pms but this made me cry, i'm still a bit upset about this though.

ted cruz and his economic policy

How can someone tout this regressive taxation as economic policy
Sounds like a great idea, actually.

And in what way is a flat tax "regressive"?

Tom
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  #1223  
Old 18.04.2016, 15:44
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Re: Donald Trump and Co

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so, turns out its a bit of pms but this made me cry, i'm still a bit upset about this though.

ted cruz and his economic policy

How can someone tout this regressive taxation as economic policy

I looked back at the history of tax in the uk and youd have to go back to the middle ages to set up something like this wouldnt you?
No, it's a common idea and one that exists in many places around the world -- just not in the UK. That doesn't make it bad.
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Sounds like a great idea, actually.

And in what way is a flat tax "regressive"?

Tom
In no way whatsoever.

Regressive taxes lower the percentage of income taken as income increases.

Flat taxes (you'll never guess this one)... stay flat. They're proportional. The percentage of income taken is the same, regardless of the size of the income.

Apparently CathHarmony believes that poorer people should pay proportionally less than wealthier people. When someone earning $1 million per year pays $100,000 tax, she seems to think it's somehow unfair for a person earning $50,000 per year (but using the same government-funded facilities, to the same extent) to pay only $5,000 per year.
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Old 18.04.2016, 15:55
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Re: Donald Trump and Co

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Regressive taxes lower the percentage of income taken as income increases.

Flat taxes (you'll never guess this one)... stay flat. They're proportional. The percentage of income taken is the same, regardless of the size of the income.

Apparently CathHarmony believes that poorer people should pay proportionally less than wealthier people. When someone earning $1 million per year pays $100,000 tax, she seems to think it's somehow unfair for a person earning $50,000 per year (but using the same government-funded facilities, to the same extent) to pay only $5,000 per year.
No tax is flat across the entire range of income.

If it was then people with negative income would be getting that amount handed out to them by the tax office.
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  #1225  
Old 18.04.2016, 15:58
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Re: Donald Trump and Co

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No tax is flat across the entire range of income.

If it was then people with negative income would be getting that amount handed out to them by the tax office.
Negative income is not income, is it? It's outgo. But for all I know, Ted may be contemplating allowing income earners to carry losses forward. I've no idea if he is, but I doubt he has either.

Of course a tax can be flat across all incomes. It's unlikely that any nationally-implemented tax truly would be, but it's certainly (and simply) very possible.
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Old 18.04.2016, 18:06
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Re: Donald Trump and Co

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Sounds like a great idea, actually.

And in what way is a flat tax "regressive"?

Tom
It depends on the implementation. A true flat tax is proportional. However, when you apply deductions and so forth, it rarely remains flat. Larger incomes can donate more money, may have higher deductions which lower the effective tax rate.

Implementing a flat tax in the US would require a significant overhaul of deductions.

I'm also not sure I'm in favor of it - suppose the tax is set at 10% - for people with low incomes 10% of income may represent more loss of purchasing power - it's more of a perceptual than a mathematical construct, however.
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Old 20.04.2016, 04:33
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Re: Donald Trump and Co

It looks like Mr. Trump has got New York, but NPR is still bringing up Kasich. Still up in the air on the Democrat side.

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Old 20.04.2016, 10:19
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Re: Donald Trump and Co

Clinton won in NY, as did Trump. Kasich came in 2nd for the Republicans.
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  #1229  
Old 20.04.2016, 10:55
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Re: Donald Trump and Co

Clinton and Trump seem to be back on the winning track. If they continue to get the same %ge of delegates in future votes as they have achieved to date then their nomination based on delegate numbers look secure.

Trump only needs to win 53% of the remaining delegates.
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  #1230  
Old 27.04.2016, 10:46
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Re: Donald Trump and Co

"Trump sweeps all five US states"

http://www.bbc.com/news/election-us-2016-36147183

Way to go, Donald!

Tom
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  #1231  
Old 27.04.2016, 11:57
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Re: Donald Trump and Co

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"Trump sweeps all five US states"

http://www.bbc.com/news/election-us-2016-36147183

Way to go, Donald!

Tom
Poll: Trump Reaches 50 Percent Support Nationally (of Republican voters) for the First Time source

If it is true that many Americans have had no pay rises since the 2008 crisis and their costs keep rising then I can understand that such people are fed up with traditional politicians?
How that turns around to voting for one of the "super rich" I have no clue!

I posted a week ago that Trump only needs to win 53% of the remaining votes; now it is down to 50%!

Trump now has comfortably more delegates than Cruz and Kasich combined and it is mathematically impossible now for Cruz to collect enough delegates from the remaining votes for the nomination.
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  #1232  
Old 27.04.2016, 12:37
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Re: Donald Trump and Co

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... it is mathematically impossible now for Cruz to collect enough delegates from the remaining votes for the nomination.
... in the first round of voting at the convention. Cruz is playing a very long game; hang in there.

I'm keen to see who Trump's running mate would be, since I predict that s/he (OK, let's be real, he) would become President not long after January 2017, if Trump is elected.

Apparently Cruz is considering hooking up, so to speak, with Carly.
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  #1233  
Old 27.04.2016, 12:47
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Re: Donald Trump and Co

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If it is true that many Americans have had no pay rises since the 2008 crisis and their costs keep rising then I can understand that such people are fed up with traditional politicians?
How that turns around to voting for one of the "super rich" I have no clue!
I don't get it either.

My perception is skewed by talking to the 5 close friend I have in the US, and family members there. Strangely, my family members in Buffalo don't talk politics, ever, so I've no idea which way they would vote.

My friends are quite diverse, and comprise of...an Iowa college teacher, a tv set designer in Burbank, her security corp. husband, a union rep in the Michigan and a self made multi-millionaire. They're all Sanders supporters. The guy in Michigan used to be a staunch GWB supporter until about 2005. I had many heated arguements with him over his support for GWB, and to this day, he's one of only a handful of people I've known to completely turn around in their political beliefs.

I almost wish one of them was a Trump supporter so I could ask they why, because I can't see the appeal at all on any level.
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  #1234  
Old 27.04.2016, 12:50
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Re: Donald Trump and Co

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I'm keen to see who Trump's running mate would be, since I predict that s/he (OK, let's be real, he) would become President not long after January 2017, if Trump is elected.
Interesting. What makes you think that? What course of events do you envisage?
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Old 27.04.2016, 14:05
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Re: Donald Trump and Co

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... in the first round of voting at the convention. Cruz is playing a very long game; hang in there.

I'm keen to see who Trump's running mate would be, since I predict that s/he (OK, let's be real, he) would become President not long after January 2017, if Trump is elected.

Apparently Cruz is considering hooking up, so to speak, with Carly.
".. in the first round of voting at the convention. Cruz is playing a very long game; hang in there."

Even if Trump does not get enough delegates to achieve "automatic" nomination then he is likely to anyway have far more delegates than Cruz.

Of course politicians are a "twisted" lot but it will be very difficult for the convention to nominate someone else than Trump without upsetting a lot of Trump supporters who then likely won't vote in the actual Presidential election or worse vote Democrat. Or could Trump continue without being nominated?

Four of the remaining Republican primaries are "proportional" with 360 delegates so Trump will likely get at least a third, say 100.
Then there are another four with 160 delegates that are Winner take all.
The remainder have their own "rules".
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Old 27.04.2016, 16:59
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Re: Donald Trump and Co

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If it is true that many Americans have had no pay rises since the 2008 crisis and their costs keep rising then I can understand that such people are fed up with traditional politicians?
How that turns around to voting for one of the "super rich" I have no clue!
Same in Switzerland with the SVP/UDC. If you ask (I did) you're very unlikely to get a clear answer unless s/he's a farmer.
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  #1237  
Old 27.04.2016, 17:10
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Re: Donald Trump and Co

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Even if Trump does not get enough delegates to achieve "automatic" nomination then he is likely to anyway have far more delegates than Cruz.

Or could Trump continue without being nominated?
Some of Trump's delegates are Cruz's. They allready declared they will vote for Cruz in the second run.

Trump going independend? Possible. Bernie may do the same. Clinton, Cruz, Sanders and Trump going for president? Would be a change for sure. Better than Bush, Nader, Gore.
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Old 27.04.2016, 17:54
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Re: Donald Trump and Co

I really hope Trump gets the nomination. He may not be perfect but he cannot be worse than Obama or GWB.
Let's not even talk about Hillary. She will be a disaster for America. Hillary is 1000x worse than Barry.
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Old 27.04.2016, 18:53
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Re: Donald Trump and Co

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Interesting. What makes you think that? What course of events do you envisage?
If the office of President is vacated, the Vice President automatically becomes President. That's all.
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Old 27.04.2016, 21:43
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Re: Donald Trump and Co

Just my opinion, of course. Trump as president would be a disaster. But ok. Make America hate even more. Lucky for me, I'm here.
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