Only the initial $1000 is government sponsored, then it's like a savings account with individual contributions up to $5k per year.nor am I ok with a $1000 deposit for stock market with $5000 added every year to age 18
Only the initial $1000 is government sponsored, then it's like a savings account with individual contributions up to $5k per year.nor am I ok with a $1000 deposit for stock market with $5000 added every year to age 18
How much spending on military are you ok with and how good are you at speaking Chinese?
China has been spending the equivalent of 700 billion on military and they have more people than us so their labor is cheaper.
We spend more to pay for our military maintenance and labor because we dont use slave labor and we sized our professional military so we never have to do a military draft because its so powerful it prevents war through deterrence.
DUH. If you have to pay tax on gambling proceeds you ARE a WINNER.It only affects losers. I like winners.
Only the initial $1000 is government sponsored, then it's like a savings account with individual contributions up to $5k per year.
China is not a militaristic nation. The only reason why China builds is to DEFEND ITSELF against US. If we cut down, and pursued friendly relations with China, they would reciprocate. Moreover it was and is US who are responsible for China's massive production and industrialization, because WE voted for politicians who wanted money from donors instead of acting to protect our domestic businesses. Greed and power concentration have ruined America. It will reverse course but we're not going to like the way that happens because socialism is coming and it will preserve the ruinous oligarchy, they will be taxed higher once this bill is over with, but it doesn't matter because they don't work at all anyway. Their usury and asset inflation is automated by algorithms.
nikcers: "China's biggest regional rival is India and Russia."
Snowball: Wrong. India is a rival, but Russia is not. Russia is a partner. Additionally, the traditional rivalry with India is already changing into cooperation.
nikcers: "Russia is the one country that China has gone to war with in recent years and living history."
Snowball: Wrong. China and the U.S.S.R. both backed Vietnam and North Korea. China was a U.S. ally against Japan in W.W. II.
nickers: "The only reason why Russia didnt nuke China is because the USA intervened."
Snowball: Sometimes it hurts to even try and get inside your head. Russia and China are full-blown allies. They cooperate militarily with joint drills and meetings. They are partners in finance and trade and in the development of Siberia. The only reason why you perceive China as a potential adversary to Russia is because that was the program of the U.S. decades ago. It failed miserably.
nikcers: "Not only is Russia a historically aggressive nation but India and China are beating each other with clubs on their borders with the risk of a real war happening."
Snowball: Russia was dragged into the Great War just like everyone else. The Ottoman Empire declared war on Russia and then were joined by the British and French in the Crimean War. The U.S.S.R. was NOT "Russian" in any way. None of its Marxist/Bolshevik expansionism was Russian. The Jewish and British bankers who overthrew and murdered the Romanovs were enemies of the Russian people. It has been 35 years since the Russians shook off the painful memories of Communism. Today's Russia more closely resembles the Romanovs than Lenin or Stalin.
nikcers: "China wont stop building up nuclear weapons because of us. The Russians have nuclear weapons pointed at them."
Snowball: Russia has no desire to ever use nuclear weapons against its neighbor or anyone else. Russia understands that a close, trusting relationship with China is integral to resisting the plots of the global hegemonists. Russia, China, and all their BRICS partners embrace the geopolitical philosophy of multi-polarism. Like I posted originally, China would love to reduce its military spending, but WE won't allow it. Just like WE have torn up nuclear disarmament treaties with Russia, and induced Russia itself to militarize, and this continues with greater acceleration every year because of OUR aggression against them.
nikcers: "All it does if we stop having a military is we would get left behind in military and wouldn't be able to defend our country or our economic interests."
Snowball: I did not say we should stop having a military. If you're responding to things people write, you should at least comprehend what you're responding to.
"...AND we're gonna have recission packages."
"The rule is, jam to-morrow and jam yesterday – but never jam to-day."
Top GOP Congressmen were "clueless" about the inclusion of the previously-discussed gambling tax.
(where bettors could only deduct 90% of losses) - selected parts of the article pasted below:
“If you’re asking me how it got in there, no, I don’t know,” Sen. Chuck Grassley
“I don’t know anything about it. I’m not sure what it does,” Sen. John Cornyn
Both GOP senators serve on the Senate Finance Committee, which crafted the tax provisions of the bill. The panel, which is led by Sen. Mike Crapo (R-Idaho).
Sen. Thom Tillis (R-N.C.), another member of the committee, called it “bad policy.”
Repealing the tax deduction limit on gambling losses would come at a cost, however. The Joint Committee on Taxation, Congress’ nonpartisan scorekeeper, projected it would generate $1.1 billion in tax revenue over eight years.
Sen. Ron Johnson (R-Wis.) suggested the change had been made to comply with the Senate’s reconciliation rules. To pass a bill extending Trump’s 2017 tax cuts with 51 votes instead of 60, Republicans needed every provision to have a budgetary impact or else risk it being struck by the Senate parliamentarian.
“In order to make current law permanent, you had to look at every provision and give it a score,” Johnson told HuffPost.
The Senate appears likely to reverse the provision.
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GOP Senators Had No Idea They Voted For Controversial Gambling Tax
How the sausage is made in Washington: In the dark and behind closed doors.www.yahoo.com
Actually it was two Democrats especially the one in Las Vegas who were the first to speak outMaybe if Republicans win a bigger majority they can remove the new gambling tax.
You definitely can not rely on the democrat party to remove any taxes.