[Whatnext]

Doesn't look as if China is going to bend the knee.
Still a few variables out there.

[RickyLee]

Originally Posted by Cliff Fr

IMO with the exclusion of solid dividend paying stocks, the market is a lot like Las Vegas. It has little resemblance to the what the hard working labor class workers are faced with in their daily lives. For individual investors it's almost like a Ponzi scheme. For institutional investors like Goldman Sachs with super computers its a profit making machine. The bad thing for our economy is that whatever "profits" are made by "playing" the stock market are not earned. Nothing was produced to earn that profit and no service was provided to earn that profit.

I strongly disagree, some make money with their hands, some make money with their minds.

[kingofbeer]

Originally Posted by rsmurano

Why do you think we will pay more in the long run? Do you really think this move is for us to pay more? You’re way off! We still have Trumps 1st term tariffs in place today, has that made us more poor? Nobody even knows these still are in place. My prediction is that our most traded-with countries will be negotiating for 0% tariffs, for both us and them. Do you think it’s fair for our farmers/auto makers/or any manufacturer in the US to have countries apply tariffs on our products? Of course not and that’s what’s going on now. FREE trade between everybody is the goal then everyone benefits.

Gaslighting! "In 2018, Trump imposed tariffs on steel and aluminum imports, resulting in price increases for Americans"

[loufromnewjersey]

So when is it coming, next week? Nothing happened yesterday and this morning everything is up!

[Normal]

The market has done its bounce! We are off to the races. Cramer who?

The tariffs are going to be a big help to our economy!

Yea haw!

[Pugchief]

Originally Posted by Caymus

And some of it may even be correct:

Ya, if each of you could please provide the URL of the investment advice service you run and your monthly subscription charge, it would be easier to figure out who on this thread to believe and who to ignore.

[Pugchief]

Originally Posted by kingofbeer

Unrealized capital gains inherited by heirs have not been taxed yet.

True, but largely irrelevant. Since inflation is not factored in, the "gain" is exaggerated. Also, the inheritance tax also applies to cash and assets that are down in value since purchase. SO zero logic all around IMO.

[Pugchief]

Originally Posted by J1ceasar

Because it's supposed to stop wealth from accumulating unendingly and to distribute some of the assets from the rich to the poor. England has had this problem for centuries when money goes to the family but they keep dying off and it gets taxed and taxed and taxed. It's a very common plot in English movies and books

So, basically communism?

[jimjamuser]

Originally Posted by MorTech

I think they left due to the political terrorism of the regulatory state more so than tax rate. With the Chevron Deference overturned they have incentive to come back despite tax theft. The tariffs are additional incentive. Business tax should be 0% since it is just an additional tax on income of productive individuals. We get taxed twice and most people can't figure that one out.

That is actually easy to figure out. Taxes are ARBITRARY. There is no rhyme or reason, just a METHOD to get revenue for the Government. We all NEED a military. So, they MUST be paid. There must be a tax system. No system would be PERFECT!

[jimjamuser]

Originally Posted by kingofbeer

They moved overseas because it was more profitable for the companies. Labor unions are still very active in the US.

For all practical purposes UNIONS are DEAD. And the US middle class is DEAD because (to circle back) unions are DEAD. It all started around 1975 when tax brackets started to favor the RICH and OUTSOURCING began.

[Normal]

Originally Posted by jimjamuser

That is actually easy to figure out. Taxes are ARBITRARY. There is no rhyme or reason, just a METHOD to get revenue for the Government. We all NEED a military. So, they MUST be paid. There must be a tax system. No system would be PERFECT!

In the beginning, before anything else is going on. But then there are “fixes” that complicate things immensely.

[jimjamuser]

Originally Posted by kingofbeer

Taxes are to keep the government running. You are referring to an inheritance tax. The first $13,990,000 of an estate is exempt from federal estate taxes. So you probably don't have to worry about that.

I mentioned inheritance tax. I think that no amount of wealth should be able to pass down to the next generation........ZERO. Any other system will eventually result in a king or Dictator.

[Normal]

Originally Posted by jimjamuser

I mentioned inheritance tax. I think that no amount of wealth should be able to pass down to the next generation........ZERO. Any other system will eventually result in a king or Dictator.

Weren’t taxes on inheritance already paid by the person who earned the money? Pay taxes on that money again? I’ll stick to the Living Trust.

Besides, income taxes are already a form of robbing from a worker to pay for a “great idea” made up by the government. Recently we’ve found out how great some of the ideas really were.

[Whatnext]

Originally Posted by Pugchief

So, basically communism?

No. A percentage is socialism.
If communism, they would take the lot.

[jimjamuser]

Originally Posted by J1ceasar

Because it's supposed to stop wealth from accumulating unendingly and to distribute some of the assets from the rich to the poor. England has had this problem for centuries when money goes to the family but they keep dying off and it gets taxed and taxed and taxed. It's a very common plot in English movies and books

I agree that it is a GOOD IDEA to keep "wealth from accumulating" because than we end up with a King. Something America VOWED to NEVER have.