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Trump's Tax Cuts Gives Billions to Bankers


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#1 Atossa

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Posted 17 January 2020 - 08:24 AM



Not only did Trump NOT drain the swamp...
he has made swamp creatures richer !!


Trump Tax Cut Hands $32 Billion Windfall to America's Top Banks

January 16, 2020

" (Bloomberg) -- Savings for the top six U.S. banks from President Donald Trump's signature tax overhaul accelerated last year, now topping $32 billion as the lenders curbed new borrowing, pared jobs and ramped up payouts to shareholders.

JPMorgan Chase & Co., Bank of America Corp., Citigroup Inc., Wells Fargo & Co., Goldman Sachs Group Inc. and Morgan Stanley posted earnings this week showing they saved $18 billion in 2019, more than the prior year, as their average effective tax rate fell to 18% from 20%. Bloomberg News calculated the haul by comparing the lower tax rates to what they paid before the law took effect, which averaged 30%.

Debate has raged over the tax overhauls impact since Trump signed it into law near the end of his first year in office, with critics saying its worsening inequality by favoring the wealthy and inadequately stimulating economic growth. Because banks used to pay higher tax rates than many other industries, they were among the biggest beneficiaries. "

**

" Trump, who's also pushed to ease financial regulation, indicated Wednesday he's aware that his efforts have helped banks boost profits. At a gathering of corporate leaders to celebrate his trade deal with China, he greeted a senior JPMorgan executive by suggesting the bank thank him.

"They just announced earnings and they were incredible," the president said of the nation's largest bank. "I made a lot of bankers look very good. But you're doing a great job."


entire article at link

https://finance.yaho...-171229567.html



Edited by Atossa, 17 January 2020 - 08:32 AM.

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#2 Mario Milano

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Posted 17 January 2020 - 09:44 AM

That pig lies every time he opens his mouth.....Looks like the Jews that bailed him out of his Bankruptcies are getting their money back 100 fold


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#3 Atossa

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Posted 17 January 2020 - 05:48 PM



Trump touted a "middle-class" tax cut right before the last mid-term elections. But after those elections it was forgotten. Now during this build up to the next presidential election, suddenly Trump is mentioning a "middle-class" tax cut again.

There is an old saying: "Fool me once, shame on YOU. Fool me twice, shame on ME !


As Hitler said in his Dec 1940 speech that I quoted on another topic:

" It is self-evident that where this democracy rules, the people as such are not taken into consideration at all. The only thing that matters is the existence of a few hundred gigantic capitalists who own all the factories and their stock and, through them, control the people. The masses of the people do not interest them in the least. They are interested in them just as were our bourgeois parties in former times - only when elections are being held, when they need votes. Otherwise, the life of the masses is a matter of complete indifference to them...

... They reply: 'That is why our form of government is sacred to us.' I can well believe it, for that form of government certainly pays very well.. But whether it is sacred to the mass of the people as well is another matter."



https://engforum.pra...-6#entry2781551



Edited by Atossa, 17 January 2020 - 05:50 PM.

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#4 Ivan88

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Posted 17 January 2020 - 05:53 PM

Trump touted a "middle-class" tax cut right before the last mid-term elections. But after those elections it was forgotten. Now during this build up to the next presidential election, suddenly Trump is mentioning a "middle-class" tax cut again.

There is an old saying: "Fool me once, shame on YOU. Fool me twice, shame on ME !


As Hitler said in his Dec 1940 speech that I quoted on another topic:

" It is self-evident that where this democracy rules, the people as such are not taken into consideration at all. The only thing that matters is the existence of a few hundred gigantic capitalists who own all the factories and their stock and, through them, control the people. The masses of the people do not interest them in the least. They are interested in them just as were our bourgeois parties in former times - only when elections are being held, when they need votes. Otherwise, the life of the masses is a matter of complete indifference to them...

... They reply: 'That is why our form of government is sacred to us.' I can well believe it, for that form of government certainly pays very well.. But whether it is sacred to the mass of the people as well is another matter."

https://engforum.pra...-6#entry2781551

 

 

Thanks! Atossa! You found some great stuff.

 


Edited by Ivan88, 17 January 2020 - 05:54 PM.

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#5 Zharkov

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Posted 17 January 2020 - 05:55 PM

Trump could do better on taxes but his impeachment is going to distract him from some of his promises.


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#6 Atossa

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Posted 17 January 2020 - 06:11 PM

Trump could do better on taxes but his impeachment is going to distract him from some of his promises.




The impeachment circus is a jew/now farce. How convenient for both Democrats and Republicans and the jew/nwo media. They now have an excuse to be focused on petty partisan politics 24/7 and not on the true welfare of the country and its people.


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#7 Mario Milano

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Posted 17 January 2020 - 11:53 PM


The impeachment circus is a jew/now farce. How convenient for both Democrats and Republicans and the jew/nwo media. They now have an excuse to be focused on petty partisan politics 24/7 and not on the true welfare of the country and its people.
 

yep, just watch what trump passes and does behind the scenes while the sheep are distracted with this farce


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#8 redline

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Posted 18 January 2020 - 01:32 PM

Well that should create lots of well paying "make america great again" jobs..

Those bankers will just rush out and lend out to fledgling business and the like..

Or they'll just sack some more, declare awesome profits and give themselves some fat corporate bonuses..
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#9 Mario Milano

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Posted 19 January 2020 - 10:51 AM

:bump:

 

Because cossack is a moron


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#10 Atossa

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Posted 23 January 2020 - 08:00 PM



Trump touted a "middle-class" tax cut right before the last mid-term elections. But after those elections it was forgotten. Now during this build up to the next presidential election, suddenly Trump is mentioning a "middle-class" tax cut again.

There is an old saying: "Fool me once, shame on YOU. Fool me twice, shame on ME !


As Hitler said in his Dec 1940 speech that I quoted on another topic:

" It is self-evident that where this democracy rules, the people as such are not taken into consideration at all. The only thing that matters is the existence of a few hundred gigantic capitalists who own all the factories and their stock and, through them, control the people. The masses of the people do not interest them in the least. They are interested in them just as were our bourgeois parties in former times - only when elections are being held, when they need votes. Otherwise, the life of the masses is a matter of complete indifference to them...

... They reply: 'That is why our form of government is sacred to us.' I can well believe it, for that form of government certainly pays very well.. But whether it is sacred to the mass of the people as well is another matter."



https://engforum.pra...-6#entry2781551





Ironically, today I heard what Hitler said about the uncaring mentality of the wealthy elite... repeated on FOX Business news when one of the hosts said Trump's economic policy is working well because the stock market is up! As if those who own stocks are the only ones who matter. Meanwhile, when reporting about Trump touting a [always future] middle class tax cut... the FOX host [who didn't realize a middle-class tax cut has been a repeated Trump head-fake] basically said the US budget deficit is too high to throw that bone to the great unwashed masses... while another FOX host said government money spent on "entitlements" [that's also now the Republican term for Social Security] needs to be greatly reduced.


Another irony, the evil perverted race-mixing antichrist Democrats' "solution" to evil perverted antichrist Edomite-jew-captialism is evil perverted race-mixing antichrist Edomite-jew-bolshevism !!


Hitler was the ONLY ARYAN CHRISTIAN LEADER who came closest to the REAL SOLUTION... which is why the evil perverted race-mixing antichrist Edomite-jew/nwo joined the Edomite-jew captialist west with the Edomite-jew bolshevik east and pulled out all stops to destroy Hitler !!






While Trump may bluster about "draining the powerful wealthy elitist DC swamp"...
Hitler actually did it by giving power to qualified rank and file Germans.


"... It is self-evident that where this democracy rules, the people as such are not taken into consideration at all. The only thing that matters is the existence of a few hundred gigantic capitalists who own all the factories and their stock and, through them, control the people. The masses of the people do not interest them in the least. They are interested in them just as were our bourgeois parties in former times - only when elections are being held, when they need votes. Otherwise, the life of the masses is a matter of complete indifference to them.

To this must be added the difference in education. Is it not ludicrous to hear a member of the British Labor Party - who, of course, as a member of the Opposition is officially paid by the government - say: 'When the war is over, we will do something in social respects'?

It is the members of Parliament who are the directors of the business concerns - just as used to be the case with us. But we have abolished all that. A member of the Reichstag cannot belong to a Board of Directors, except as a purely honorary member. He is prohibited from accepting any emolument, financial or otherwise. This is not the case in other countries.

They reply: 'That is why our form of government is sacred to us.' I can well believe it, for that form of government certainly pays very well.. But whether it is sacred to the mass of the people as well is another matter.

The people as a whole definitely suffer. I do not consider it possible in the long run for one man to work and toil for a whole year in return for ridiculous wages, while another jumps into an express train once a year and pockets enormous sums. Such conditions are a disgrace. On the other hand, we National Socialists equally oppose the theory that all men are equals. Today, when a man of genius makes some astounding invention and enormously benefits his country by his brains, we pay him his due, for he has really accomplished something and been of use to his country. However, we hope to make it impossible for idle drones to inhabit this country...


... I wish to put before you a few basic facts: The first is that in the capitalistic democratic world the most important principle of economy is that the people exist for trade and industry, and that these in turn exist for capital. We have reversed this principle by making capital exist for trade and industry, and trade and industry exist for the people. In other words, the people come first. Everything else is but a means to this end. When an economic system is not capable of feeding and clothing a people, then it is bad, regardless of whether a few hundred people say: 'As far as I am concerned it is good, excellent; my dividends are splendid.'...


... In Germany, the people, without any doubt, decide their existence. They determine the principles of their government. In fact it has been possible in this country to incorporate many of the broad masses into the National Socialist party, that gigantic organization embracing millions and having millions of officials drawn from the people themselves. This principle is extended to the highest ranks.

For the first time in German history, we have a state which has absolutely abolished all social prejudices in regard to political appointments as well as in private life. I myself am the best proof of this. Just imagine: I am not even a lawyer, and yet I am your Leader!

It is not only in ordinary life that we have succeeded in appointing the best among the people for every position. We have Reichsstatthalters who were formerly agricultural laborers or locksmiths. Yes, we have even succeeded in breaking down prejudice in a place where it was most deep-seated -in the fighting forces. Thousands of officers are being promoted from the ranks today. We have done away with prejudice. We have generals who were ordinary soldiers and noncommissioned officers twenty-two and twenty-three years ago. In this instance, too, we have overcome all social obstacles. Thus, we are building up our life for the future.

As you know we have countless schools, national political educational establishments, Adolf Hitler schools, and so on. To these schools we send gifted children of the broad masses, children of working men, farmers' sons whose parents could never have afforded a higher education for their children. We take them in gradually. They are educated here, sent to the Ordensburgen, to the Party, later to take their place in the State where they will some day fill the highest posts. ...


... Opposed to this there stands a completely different world. In that world the highest ideal is the struggle for wealth, for capital, for family possessions, for personal egoism; everything else is merely a means to such ends. Two worlds confront each other today. ...


... On the other hand, that other world says: 'If we lose, our world-wide capitalistic system will collapse. For it is we who save hoarded gold. It is lying in our cellars and will lose its value. If the idea that work is the decisive factor spreads abroad, what will happen to us? We shall have bought our gold in vain. Our whole claim to world dominion can then no longer be maintained. The people will do away with their dynasties of high finance. They will present their social claims, and the whole world system will be overthrown.'

I can well understand that they declare: 'Let us prevent this at all costs; it must be prevented.' They can see exactly how our nation has been reconstructed. You see it clearly. For instance, there we see a state ruled by a numerically small upper class. They send their sons to their own schools, to Eton. We have Adolf Hitler schools or national political educational establishments. On the one hand, the sons of plutocrats, financial magnates; on the other, the children of the people. Etonians and Harrovians exclusively in leading positions over there; in this country, men of the people in charge of the State.

These are the two worlds. I grant that one of the two must succumb. Yes, one or the other. But if we were to succumb, the German people would succumb with us. If the other were to succumb, I am convinced that the nations will become free for the first time. We are not fighting individual Englishmen or Frenchmen. We have nothing against them. For years I proclaimed this as the aim of my foreign policy. We demanded nothing of them, nothing at all. When they started the war they could not say: 'We are doing so because the Germans asked this or that of us.' They said, on the contrary: 'We are declaring war on you because the German system of Government does not suit us; because we fear it might spread to our own people.'...


... I have seen all this coming for years. What did I ask of the other world? Nothing but the right for Germans to reunite and the restoration of all that had been taken from them - nothing which would have meant a loss to the other nations. How often have I stretched out my hand to them? Ever since I came into power. I had not the slightest wish to rearm.

For what do armaments mean? They absorb so much labor. It was I who regarded work as being of decisive importance, who wished to employ the working capacity of Germany for other plans. I think the news is already out that, after all, I have some fairly important plans in my mind, vast and splendid plans for my people. It is my ambition to make the German people rich and to make the German homeland beautiful. I want the standard of living of the individual raised. I want us to have the most beautiful and the finest civilization. I should like the theater - in fact, the whole of German civilization - to benefit all the people and not to exist only for the upper ten thousand, as is the case in England... "


Quotes from Adolf Hitler's December 1940 speech to Workers of Berlin

https://engforum.pra...-6#entry2781551




Edited by Atossa, 23 January 2020 - 08:22 PM.

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#11 Kingranch

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Posted 23 January 2020 - 08:22 PM

 

Hitler was the ONLY ARYAN CHRISTIAN LEADER who came closest to the REAL SOLUTION...

 

And Chuck Norris's tears cure cancer...too bad he's never cried!


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#12 Atossa

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Posted 23 January 2020 - 08:32 PM




Like all resurrected Christians, Hitler is coming back with Jesus Christ !!


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#13 Kingranch

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Posted 23 January 2020 - 08:48 PM

Hey! Did you know that the only person that was crying in the delivery room where Chuck Norris was born was the doctor....after his unsuccessful attempt to slap his butt?

 

 

e74ac6d9356fd5378a4adbea531f31d6.422x610


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#14 redline

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Posted 23 January 2020 - 08:50 PM

kinggrinch has gone all retard...
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#15 Kingranch

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Posted 23 January 2020 - 08:55 PM

kinggrinch has gone all retard...

 

Look who's talkin'! :shrug:


Edited by Kingranch, 23 January 2020 - 08:55 PM.

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#16 redline

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Posted 23 January 2020 - 09:35 PM

 
Look who's talkin'! :shrug:


so how dat kennedy investigation goin?
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#17 Ivan88

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Posted 24 January 2020 - 01:11 AM

so how dat kennedy investigation goin?

Marina Oswald,  I know my husband is innocent. "The danger of the Truth not being known, will destroy this nation, acutally. That's the facts."

https://www.youtube....h?v=WQ0enPrUqqs


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#18 redline

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Posted 24 January 2020 - 11:51 AM

Marina Oswald,  I know my husband is innocent. "The danger of the Truth not being known, will destroy this nation, acutally. That's the facts."
https://www.youtube....h?v=WQ0enPrUqqs


And it has, jews, jew bankers, and filthy politician prostitutes to them..
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#19 Atossa

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Posted 25 January 2020 - 04:16 AM



Trump gives billions to jew/nwo bankers... but the poor, old and disabled can eat cake !!


January 23, 2020

Trump gave away the Republican game on Social Security and Medicare

" During an interview with CNBC on Wednesday, Trump was asked, "[Would] entitlements ever be on your plate?" Entitlements are, of course, Washington-speak for Medicare and Social Security. Trump responded, "At some point they will be," adding, "It'll be toward the end of the year." Just in case Trump misunderstood, Joe Kernen followed up, reminding him this was something he had "said you wouldn't do in the past" and specifically mentioning Medicare. Trump cut him off. "Well, we're going to look."

more at link

https://www.washingt...urity-medicare/



Edited by Atossa, 25 January 2020 - 04:19 AM.

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#20 Zharkov

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Posted 25 January 2020 - 04:27 AM

Trump could request an increase once the entitlements are "on his plate". 


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