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cael 11-29-2016 14:33

if the country were smart there'd be a VAT on imported goods that compete with locally made goods but good luck getting anything that increases prices through congress

WarBuddha 11-29-2016 14:34

Trump should employ illegals to build the wall with the promise of citizenship upon it's completion.

Esteban_Villa 11-29-2016 14:46

Quote:

Originally Posted by WarBuddha (Post 18681561)
Trump should employ illegals to build the wall with the promise of citizenship upon it's completion.

service = citizenship

:)

Ixiterra 11-29-2016 14:55

Quote:

Originally Posted by MadHatSam (Post 18681556)
It is from Trump's infrastructure plan, which is mostly a giant tax credit for private equity to fund these projects. One of the components of the plan is that contractors would receive 10% profits pretax, the income taxes on these profits are one of the main government revenue streams required to make the plan revenue neutral.

lol so I looked up what you were talking about:

"There also would be a 10% pretax profit margin for the contractor. Taxing that at the 15%
business rate yields 1.5% of project cost. Adding that to the taxes on wages yields 13.82%,
slightly above the 13.69% tax credit. "

It is using the expected profit margin on the job to help explain how the tax revenue will recoup the costs. Your understanding is wayyy off base

ScooBySnaCk 11-29-2016 14:58

Quote:

Originally Posted by Animo (Post 18681405)
Prove that trillions of voters DIDNT vote for me! You can't! I'm president now.

:nuts:

MadHatSam 11-29-2016 14:59

Quote:

Originally Posted by Ixiterra (Post 18681575)
lol so I looked up what you were talking about, and it is from the infrastructure report from trump's advisors

"There also would be a 10% pretax profit margin for the contractor. Taxing that at the 15%
business rate yields 1.5% of project cost. Adding that to the taxes on wages yields 13.82%,
slightly above the 13.69% tax credit. "

It is using the expected profit margin on the job to help explain how the tax revenue will recoup the costs. Your understanding is wayyy off base

Without that profit margin the plan doesn't pay for itself. So it wouldn't be revenue neutral. The expected profit margin also seems overly ambitious.

Ixiterra 11-29-2016 15:05

Quote:

Originally Posted by MadHatSam (Post 18681577)
Without that profit margin the plan doesn't pay for itself. So it wouldn't be revenue neutral. The expected profit margin also seems overly ambitious.

I think 10% profit margin is way off base, but if it's 2-3% it doesn't make a whole lot of difference in the tax revenue. Instead of corporate profit it is salaries or material purchases from other companies that are increasing their revenue instead.

I didn't read the whole thing though so I'm not judging whether or not it makes sense, just that it most definitely is not some guaranteed 10% pretax profit to contractors.

cael 11-29-2016 15:06

it's govt work so u just use subcontractors to obscure costs and hide the profit

they be making more than 10% garrenz

Father Ruckus 11-29-2016 15:21

CNN on Twitter:

:lol:

Kerosene31 11-29-2016 16:11

Wait, Trump picked an asian woman to be transportation secretary?

Shouldn't asian women learn to drive first?

NightTrain 11-29-2016 16:19

He is going to troll 350 million people for at least 4 years ***55357;***56834;

spockhammer 11-29-2016 16:20

Quote:

Originally Posted by NightTrain (Post 18681629)
He is going to troll 350 million people for at least 4 years ***65533;***65533;

he gonna get impeached and go to jail for tax evasion and fraud and amerikkka is gonna eat it's shorts or something idk

Odio 11-29-2016 16:25

Not if he audits the fed first.

HaPpY 11-29-2016 16:37

Quote:

Originally Posted by phaytal (Post 18681497)
And that same Apple iPhone would cost over $2,000 if sourced and assembled in the US.

they produce toyotas and hondas n **** in the US cheaper than overseas so its not too crazy of an idea. not sure how diff thatd be for iphones but i doubt itd be 2k each

HaPpY 11-29-2016 16:39

Quote:

Originally Posted by SuicideSnowman (Post 18681537)
https://i.sli.mg/AK2czM.jpg

Send more money guys.

its too late now anyway, the actual recount would take far longer than the deadline. unless they really want that pointless congress vote.

Flipp 11-29-2016 16:39

it would not b 2k for an iPhone ever phaytal just attempting more rationalizing his own intellectual inferiority
plight of worthless trash smdh lol :jester:

Gandalf 11-29-2016 16:41

Quote:

Originally Posted by HaPpY (Post 18681635)
they produce toyotas and hondas n **** in the US cheaper than overseas so its not too crazy of an idea. not sure how diff thatd be for iphones but i doubt itd be 2k each

By building their cars in non-union states, they save on average about $1800.00/car. This not only translates to lower prices and higher profits, but also allows the company to invest in higher quality materials and trim. That's why American made foreign cars are still better than domestic union state cars.

If you're able to keep the unions out of the process, the phones will be comparable price wise.

HaPpY 11-29-2016 16:44

didnt know unions were a per state thing. if trump can get rid of unions ... AND lawyer interference in other states theres hope

-SS- 11-29-2016 17:06

Quote:

Originally Posted by SuicideSnowman (Post 18681537)

Big gvt statist scum outraged over cost of gvt.

:lol:

-SS- 11-29-2016 17:09

Quote:

Originally Posted by HaPpY (Post 18681640)
didnt know unions were a per state thing. if trump can get rid of unions ... AND lawyer interference in other states theres hope

lol

o yeah, lefties hate 'Right to work' states

Right to Work Laws - Workplace Fairness


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