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  #17771  
Old 05-07-2019, 05:55 PM
Flycoon Flycoon is offline
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Originally Posted by dannybolt View Post
Not sure what you are disagreeing with. The Senate was designed to have equal representation regardless of state population size. This was specifically done to prevent a tyranny of the majority; so big states like NY/FLA/TX/CA don't have the majority voice in the legislature by the nature of their population density. If you want the Senate to be represented proportionally, you don't really need the House of Representatives at that point.

The House is where the populace is supposed to be mirror the relative population levels, which it does. I think you could make the argument that more house seats should be added, because you have Wyoming with one house seat, giving it a more representation per capita, while more populated states have a lower per capita as there are only so many house seats to go around.

I don't understand where the criticism of the Senate for not being more representative of the number of people in said states is coming from, because it was never designed to do that. I don't complain that my microwave makes for a lousy dishwasher.
I feel the model is outdated. The states rights arguments don’t make sense these days. CA is the 8 or 9 ranked economy by their gdp and get the same representation in the Senate as RI.
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  #17772  
Old 05-07-2019, 07:00 PM
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Originally Posted by Flycoon View Post
I feel the model is outdated. The states rights arguments don’t make sense these days. CA is the 8 or 9 ranked economy by their gdp and get the same representation in the Senate as RI.
I'm not sure what you are saying here Fly. Why have states if there is no such thing as state sovereignty? I think that your belief that the model is outdated says more about the gradual over-extension of the central government through the Supremacy Clause and party politics than it does about a flawed system of checks and balances. Each individual state should have some form of equal representation independent of population or size, where I think we can agree that the model may be considered outdated is the scope of involvement from the Senate. The Senate should only be involved in domestic disputes and lawmaking, there is quite a bit that should be done entirely through the lower house.
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  #17773  
Old 05-08-2019, 08:01 AM
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He’s a fraud - proven.

The New York Times has 11 years of iRS Records on Trump between 1985 and 1994. Trump lost $1.2 billion in those 11 years.

Trump appears to have lost more money than nearly any other individual taxpayer, according to the I.R.S. information on high earners — a publicly available database with taxpayers’ identifying details removed. In 1990 and 1991, his core businesses lost more than $250 million each year — more than double those of the nearest taxpayers in the sampling for those years.

Trump paid no income taxes for 8 of the 10 years.
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Last edited by Donnie D; 05-08-2019 at 08:24 AM.
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  #17774  
Old 05-08-2019, 09:36 AM
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Originally Posted by Donnie D View Post
He’s a fraud - proven.

The New York Times has 11 years of iRS Records on Trump between 1985 and 1994. Trump lost $1.2 billion in those 11 years.

Trump appears to have lost more money than nearly any other individual taxpayer, according to the I.R.S. information on high earners — a publicly available database with taxpayers’ identifying details removed. In 1990 and 1991, his core businesses lost more than $250 million each year — more than double those of the nearest taxpayers in the sampling for those years.

Trump paid no income taxes for 8 of the 10 years.
https://www.nytimes.com/interactive/...ump-taxes.html

1.) It kind of explains how he can cavalierly give out over $1T in tax breaks to rich folks and corporations and not sweat the giant revenue hole it blows in the budget. He's never cared about running in the black. He's always been a fraud living off credit.

2.) How bad a businessman do you have to be to lose money on a casino? Seriously.

3.) The reason, I suspect, they're withholding the last six years of tax information is because he was kept afloat by shady foreign money.

4.) It's a travesty this man has been able to continually fail upward throughout the span of his life and an indictment of the system of privilege that rich people are born into in this country. This guy should've been on skid row or in jail decades ago.

5.) I eagerly await Tdi's misrepresentation of an opinion piece by one of the Stossels as news as a sad attempt to distract from this actual news story.
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  #17775  
Old 05-08-2019, 10:08 AM
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Riddle me this, folks...

If the Mueller Report really does prove "no collusion" and "no obstruction," why are Trump and his accomplice Barr fighting tooth and nail to make sure that the full, unredacted report, with the backing investigative documentation, never see the light of day?

Someone's scared.

P.S. Same thing re: Mnuchin and Trump's tax returns.
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  #17776  
Old 05-08-2019, 10:12 AM
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P.S.S. It's now up to over 700 former prosecutors have no signed onto the bipartisan letter rebuking Barr and stating that, were it not for the DOJ policy against indicting a sitting POTUS Trump would be in jail.

::litany of emojis::
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  #17777  
Old 05-08-2019, 12:09 PM
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Quote:
Originally Posted by Donnie D View Post
The New York Times has 11 years of iRS Records on Trump between 1985 and 1994. Trump lost $1.2 billion in those 11 years.
He's an admitted tax cheat and real estate people are probably by far the worst and most frequent offenders. It will be difficult to prove how much of those losses were inflated in order for him to use those losses to offset future income taxes.

BTW, our tax system needs a from-the-ground-up rewrite. It is so heavily skewed to protect big business. I don't think it's fair that you can use losses in one year to offset gains in another. Each year should be a closed cycle.
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  #17778  
Old 05-08-2019, 02:23 PM
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https://twitter.com/i/status/1126202268448165888
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  #17779  
Old 05-08-2019, 02:27 PM
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Originally Posted by the_narrow_way View Post
I don't think it's fair that you can use losses in one year to offset gains in another. Each year should be a closed cycle.
Gonna have to disagree with this point. You'd effectively destroy any hopes of any business starting out or any innovative new businesses from getting up and running. Lots of nascent businesses will run losses recouping initial investment outlays for a very long time before they get into the black. I don't think that all profits should be allowed to be offshored and costs onshored so that it appears as if companies made less profit than they really did though.
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I have been gravely disappointed with the white moderate. I have almost reached the regrettable conclusion that the Negro's great stumbling block in the stride toward freedom is not the Ku Klux Klanner, but the white moderate who is more devoted to "order" than to justice; who prefers a negative peace which is the absence of tension to a positive peace which is the presence of justice... - MLK
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  #17780  
Old 05-08-2019, 02:42 PM
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dannybolt dannybolt is offline
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Originally Posted by ZeykShade View Post
Gonna have to disagree with this point. You'd effectively destroy any hopes of any business starting out or any innovative new businesses from getting up and running. Lots of nascent businesses will run losses recouping initial investment outlays for a very long time before they get into the black. I don't think that all profits should be allowed to be offshored and costs onshored so that it appears as if companies made less profit than they really did though.
This.
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