Posted by retirefire on 2nd of Apr 2021 at 01:25 pm
Peter Schiff ….
The tax hikes primarily target corporations, along with people
who earn over $400,000 per year, but Biden said they weren’t meant
to punish people. They are intended to create opportunities for
others.
In other words,
he thinks the only way to create opportunities is to take
money away from the entrepreneurs who earned it and have the
government spending it‘creating opportunity for other
people, which basically is taking a stake to the very heart of
capitalism.”
So the opportunities that government is going to create and
provide to the public are going to be at the expense of the
opportunities that the private sector would have created and
provided if it had the resources to do it.”
Is it politics if taxes reduce corporate earnings?
Earnings are the life blood of stock prices. If
earnings go down, then likely the stock market goes down with them.
Which is why many analysts are looking for 2022 and beyond to
be tough on the market (due to multiple retraction).
It's all in the context. An objective, thoughtful analysis
like this, it's on-topic and value-added. Pejorative tweets,
flamboyant hashtags, eh, not so much... :-)
Should be a good week of trading. Good luck to all!
Posted by retirefire on 2nd of Apr 2021 at 05:08 pm
Yeah don't see how taxes effects the corporate world, i.e.
investments. turn down your antenna. WTH political statement are
you referring to? 1/2 dozen total comments today so I guess I
filled the board lol. Last I new Schiff was/is an investment
guru.
Somebody recently posted how new tax laws was effecting stock
distribution that we are clearly seeing.
Peter Schiff …. The tax hikes
Posted by retirefire on 2nd of Apr 2021 at 01:25 pm
Peter Schiff ….
The tax hikes primarily target corporations, along with people who earn over $400,000 per year, but Biden said they weren’t meant to punish people. They are intended to create opportunities for others.
In other words, he thinks the only way to create opportunities is to take money away from the entrepreneurs who earned it and have the government spending it‘creating opportunity for other people, which basically is taking a stake to the very heart of capitalism.” So the opportunities that government is going to create and provide to the public are going to be at the expense of the opportunities that the private sector would have created and provided if it had the resources to do it.”
If there were an ETF
Posted by lapri24 on 4th of Apr 2021 at 05:31 pm
If there were an ETF on government spending and growth of government bureaucracy, I would be all in, yolo.
#TaxationIsTheft
Posted by joe12pack on 4th of Apr 2021 at 11:35 am
#TaxationIsTheft
Outstanding post and thank you!
Posted by rfa300 on 3rd of Apr 2021 at 09:42 pm
Outstanding post and thank you! Nothing political here at all...Just potential reality!
Can we keep politics off
Posted by rjdst on 2nd of Apr 2021 at 04:09 pm
Can we keep politics off of BPT? So many other sites weakened and ruin by this nonsense. Let's stay focused on trading.
Is it politics if taxes
Posted by jared95 on 4th of Apr 2021 at 08:37 pm
Is it politics if taxes reduce corporate earnings? Earnings are the life blood of stock prices. If earnings go down, then likely the stock market goes down with them. Which is why many analysts are looking for 2022 and beyond to be tough on the market (due to multiple retraction).
It's all in the context.
Posted by rjdst on 5th of Apr 2021 at 09:28 am
It's all in the context. An objective, thoughtful analysis like this, it's on-topic and value-added. Pejorative tweets, flamboyant hashtags, eh, not so much... :-)
Should be a good week of trading. Good luck to all!
Agreed - no politics -
Posted by angelique on 2nd of Apr 2021 at 07:45 pm
Agreed - no politics - and thank you for saying something.
Yeah don't see how taxes
Posted by retirefire on 2nd of Apr 2021 at 05:08 pm
Yeah don't see how taxes effects the corporate world, i.e. investments. turn down your antenna. WTH political statement are you referring to? 1/2 dozen total comments today so I guess I filled the board lol. Last I new Schiff was/is an investment guru.
Somebody recently posted how new tax laws was effecting stock distribution that we are clearly seeing.
Agree. Let's stay focused on
Posted by EdZ on 2nd of Apr 2021 at 04:25 pm
Agree. Let's stay focused on trading.