[Paracelsus]

(03-23-2016 02:47 PM)younggun Wrote:  

Let's say Trump imposes a tariff on imported Chinese goods. Is there enough incentive for those offshored companies to return and set up shop in the States? For all they know, Trump could be a one term president and the US could be back to the same agreement as before after 4 years of Trump.

Is the American market that enticing to a company such as Apple that even with a lowered corporate tax rate, it would be worth coming back?

You have to hit the point of where the cost/benefit analysis swings in favour of remaining in the US as opposed to overseas. For further discussion in depth, try Samseau's thread about free trade in this same subforum, several of the posters go into detail about the sort of shenanigans countries engage in to manipulate currency.

For my part, I suspect tariffs alone and a lowered corporate tax rate would not turn the US economy around or necessarily bring these businesses back. The US economy in essence requires something similar to the German Wirtschaftwunder after World War 2, and that could only take place with the sort of deregulated environment that no living US citizen has ever seen or experienced.

[The Black Knight]

Random thoughts:

1. I'm so excited for Trump's tax plan. The middle-upper class who's income is primarily wages gets FUCKED HARD on taxes. Make a 100k pre-tax? This is how much the feds take out roughly for a single person:

Federal Withholding: $19,272.75

Social Security: $6,200.00

Medicare: $1,450.00

All told: Around $27,000/year. That's just the federal government. Usually people who make this sort of money have years of experience, education, and often have to live in expensive places.

All the while some single mom with two bastards who makes 40-50k after EIC and child tax credits pays virtually nothing to the gov't or actually comes out ahead more often than not.

So basically: the 100k single dude trying to build wealth to start a family is losing 27k a year while someone who likely made poor decisions in life is getting a family funded by the 100K dude's sacrifice and hard work? That's fucking gay. I'm not against helping people in need; I'm against incentivizing poor decisions (ex: having kids when you can't afford it) at the expense of people who make good decisions.

I'll never vote for a libtard since every single one of them thinks that some guy making around 100k is the devil and deserves to be taxed more (means test social security, higher taxes, more benefits for people who don't pay, etc). A guy making a 100 million? Yeah, I get it. But the middle-upper class people in this country are getting fucked really hard. Pay most of the taxes and get none of the benefits.

2. I doubt I will see it pre-election but I'd love it if Trump proposed clear and simple fixed caps on divorce settlements and child support; the latter of which is proportional to a person's income THAT MONTH; not income from a year ago.

I will not even consider having a family in the US until someone addresses this. The current system makes the financial risk of having a family way too unpredictable for a sole or higher earning provider. Today, it's basically:

Don't have family and save money or have family and risk getting wiped out financially by ex-wife/gf and child support. The only middle ground somewhat is have kids and don't get married but one can still get fucked hard on child support if they make decent money. I don't like rigged games when it comes to my hard earned wealth.

3. Trump's plan to give veterans medicare access for outside VA care is a brilliant and simple fix to a serious problem. I'm a veteran, have dealt with the VA, and I can say with absolute authority that the VA is one of the most dysfunctional organizations I have ever dealt with. The most simple of things, stuff that should take half a day, can take months to sort out. I would be absolutely terrified if I had to depend on them for a serious medical issue; dealing with the bureaucracy alone is a full-time job in its self and the quality of care is not up to private sector standards at all. There are some good people working there but the organization is functionally broken.