The long game here actually favors Trump. The Senate went solidly Republican, meaning all those conservative judges Chucky held up appointments on will now be seated. That takes the courts out of liberal hands for at least a generation. The two governorships Dems HAD to get (Florida and Ohio) to try to stop a Trump re-election went to Republicans. 9 of 11 candidates Trump actively campaigned for WON. Compared to Obama and Oprah going 0 - for the night. All that money and Dems BARELY got the House and now have a potential civil war on their hands with the Anti-Pelosi bunch. Compared to recent administrations, Trump did vey well in his midterm and seems set up well for 2020. Originally Posted by Lantern2814
The top income tax rate in California is a whopping 13.3%. The top 1% of all earners pay more than half of all state income taxes! The top 10% chip in more than 80% of state income tax revenues. Look it up if you don't believe me.The trick is to keep your residence in Texas, and your vacation house in California. Just can't live more of the time in California.
As a budget strategy, this over-reliance on the rich to pay for everyone else is very risky, since it means revenues drop precipitously each time there is a recession. If the state's GDP shrinks by 5%, its revenues contract by a multiple of that amount and the state budget swings massively into deficit.
Trust me, I've looked at the numbers.
Trumpy's tax reform now limits the deductibility of state taxes on federal tax returns to $10k. As a result, rich people in high-tax states like CA and NY will see their overall tax burdens jump dramatically in 2018.
It's kind of hard to flee to a low-tax state while keeping your lucrative high-tech job if you work in Silicon Valley. Originally Posted by lustylad
On the other side the Democrats' gubernatorial candidate has refused to concede she got beaten. I've not heard "the Russians" yet, but perhaps it was "the Martians"! Didn't Obaminable campaign for her? And Osprey too? They get a zero! Originally Posted by LexusLoverI'm not sure if they have got into the "hanging chads" phase yet, but she ain't conceding.
I'm not sure if they have got into the "hanging chads" phase yet, but she ain't conceding.She has a slight chance to get into a runoff - where she would definitely have a 50/50 shot. If the mail in ballots came from African American precincts, she might get the runoff. They haven't all been counted yet, but she needs a miracle.
Oprah/Obama laid it on the line for her. Big losers.
I like what President Trump said today. Abrams had all the celebrities, Oprah, President Obama, and the news media on her side,
Kemp had him! Classic. Originally Posted by Jackie S
Yes, I sincerely hope the investigation goes forward so we can learn how and why the dimotards commissioned that phony Steele dossier, colluded with Putin's counter-intelligence agents to smear Trump, and lied to a FISA court to illegally wiretap his 2016 campaign!
John Brennan is up to his ears in this scandal. I want to know the full story about how that commie partisan hack orchestrated the whole thing. Lock him up! Lock him up!
The American public is pissed off and wants to know what the fuck happened! Originally Posted by lustylad
The long game here actually favors Trump. The Senate went solidly Republican, meaning all those conservative judges Chucky held up appointments on will now be seated. That takes the courts out of liberal hands for at least a generation. The two governorships Dems HAD to get (Florida and Ohio) to try to stop a Trump re-election went to Republicans. 9 of 11 candidates Trump actively campaigned for WON. Compared to Obama and Oprah going 0 - for the night. All that money and Dems BARELY got the House and now have a potential civil war on their hands with the Anti-Pelosi bunch. Compared to recent administrations, Trump did vey well in his midterm and seems set up well for 2020. Originally Posted by Lantern2814The Trump re-election does not depend on Ohio and Florida. It depends on him holding onto Michigan, Wisconsin and Pennsylvania, 3 states that were traditionally Democratic before 2016. 48 electoral votes. 306 - 48 = 258. 232 + 48 = 280.
The long game here actually favors Trump. The Senate went solidly Republican, meaning all those conservative judges Chucky held up appointments on will now be seated. That takes the courts out of liberal hands for at least a generation. The two governorships Dems HAD to get (Florida and Ohio) to try to stop a Trump re-election went to Republicans. 9 of 11 candidates Trump actively campaigned for WON. Compared to Obama and Oprah going 0 - for the night. All that money and Dems BARELY got the House and now have a potential civil war on their hands with the Anti-Pelosi bunch. Compared to recent administrations, Trump did vey well in his midterm and seems set up well for 2020. Originally Posted by Lantern2814
The top income tax rate in California is a whopping 13.3%. The top 1% of all earners pay more than half of all state income taxes! The top 10% chip in more than 80% of state income tax revenues. Look it up if you don't believe me.
As a budget strategy, this over-reliance on the rich to pay for everyone else is very risky, since it means revenues drop precipitously each time there is a recession. If the state's GDP shrinks by 5%, its revenues contract by a multiple of that amount and the state budget swings massively into deficit.
Trust me, I've looked at the numbers.
Trumpy's tax reform now limits the deductibility of state taxes on federal tax returns to $10k. As a result, rich people in high-tax states like CA and NY will see their overall tax burdens jump dramatically in 2018.
It's kind of hard to flee to a low-tax state while keeping your lucrative high-tech job if you work in Silicon Valley. Originally Posted by lustylad