he`s using it to stem losses and gain influence and connections
his profit from resorts has gone up some
it`s real estate and debt killing him
his tax cuts will save him 30 mil due to elimination of the alt min tax
buffett/berkshire tax savings this year:29 bil
40% of the total 75 bil corp cuts
the deficit is going to skyrocket
revenue down: huge budget increase
not that it matters much
the corp cuts are closer to 225 bil
the difference being made up by middle class increases affecting about 40% of them
////AMG
Funny, after replying to thread, I went to file something and found the accounting for my divorce.
Yep big brother knows all.
Formerly the "Best Detailer", now just Super Wax Waster Man. Not necessarily tactful, but normally right. It`s good to be da King !!!
Formerly the "Best Detailer", now just Super Wax Waster Man. Not necessarily tactful, but normally right. It`s good to be da King !!!Post Thanks / Like - 1 Likes, 0 Thanks, 0 DislikesStokdgs liked this post
life is short ..do it while you can
e-mail info@poorboysworld.com
Post Thanks / Like - 1 Likes, 0 Thanks, 0 DislikesStokdgs liked this post
Formerly the "Best Detailer", now just Super Wax Waster Man. Not necessarily tactful, but normally right. It`s good to be da King !!!Post Thanks / Like - 1 Likes, 0 Thanks, 0 DislikesStokdgs liked this post
and my food eats vegetables to become my food
where was the outcry when obama increased it more then all presidents combined....
I don’t think it would work unless the jobs come home, we drill tons of oil, and things get back to the way they should have been before we tried to create a middle class in every country in the world...
actually reagan had the largest % increase in history
and that is still snow balling
calc interest of say 5% on 2 tril for 20 years
pv = 2 x e^(20 x 0.05), that`s what the 2 tril would be in 2008
obama
aging population
2 wars
bush tax cuts
unfunded prescription drug plan
interest on the 10 bil
lower revenue to to the recession
market 13000 to 6500
unemployment <5% to 10%
trump
unemployment <5%
market from 6500 to close to 20000 in 6-7 years
no major conflicts
but I said it doesn`t matter
no `outcry`
imo it does not matter
////AMG
https://www.google.com/amp/amp.timei...aring-the-debt
not saying it`s any one admins fault, more so congress and the `physics` of an aging population, expensive healthcare and military spending equal to the rest of the world combined (13 x china with 1/5th the population)
As for total debt, the CBO last predicted borrowings of $25.5 trillion by 2027. According to Riedl, the tax cuts, new discretionary outlays and additional interest on the extra spending could add $5 trillion to that number, bringing the total of $30 trillion. That’s 107% of the national income estimate projected by the CBO. The scariest unknown is what happens to interest expense. At $25.5 trillion, the CBO forecasts outlays for interest of $818 billion in 2027. Going to $30 trillion will raise the load to over $1 trillion. One dollar in seven in spending would be going to interest, versus one in 15 today.
////AMG
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