I really don’t understand how corporations don’t see that these MBA idiots always run companies into the ground. They are good for short term profit, and that’s literally it. It doesn’t matter where you move money around to, when you stop putting the product and the customer first it’s going to catch up to you.
There are 7 brackets. The lowest one received no change, because paying 10% is pretty freaking low, which will all end up coming back to them anyway, especially if they receive a child credit, which was effectively doubled.
The next two are still considered low-to-lower-middle-income and received a 3% decrease in income tax. ($9,520-$82,500 annual income)
Middle Class / Upper Middle Class ($82,500-$157,500) received the biggest cut at 4%.
Upper Class ($157,500-$500,000) received the lowest cuts at 1% at most, with the upper half actually having an increase in tax rates.
The wealthiest received a 2.6% decrease in income taxes for those earning over $500,000 per year. They now pay a measly 37% tax rate, meaning the ones even at the lowest end have to pay $185,000 a year in income tax.
Now, you may say “Yeah, but those rich people don’t pay / those rich people find ways to hide their money so it isn’t taxed”… Funny you should mention that, because if you go to the IRS, you can look up effective tax rates. This is what people end up paying after tax deductions, returns, payments, etc. The highest earners were able to reduce their tax liability to just over 27%, while the lowest earners range from -5 to 4.7%. Yes, some people received more money than they spent in income taxes!
Let’s go back a couple years and see who is paying the taxes:
.9% of Americans made more than $500,000. These people paid 38.3% of all of the income tax collected ofr the year in 2016. 42.3% of the income tax collected were from people making between $100,000-$499,999. The people earning $30,000-$99,999 paid 18.1% of the income tax collected.
If you’d like to discuss the corporate tax cuts, and how it helped to give us the lowest unemployment in years, and the lowest African-American unemployment rate in decades, I’d be happy tho throw out those numbers as well.
However, people on the left prefer to argue with feelings over facts, so I highly doubt it will matter.
The fed must go. Period. None of the fed heads has been good for us or anyone. Yellin wasn’t any better than Powell – it’s the institution that is corrupt – not merely the political appointees who “run” it. (btw it’s a Rotchschild owned/operated corp)
The main thing Blizz has to do is cancel Diablo Immortal as a phone game and make it a PC game. Diablo is one of the biggest reasons for their stock crash that began on Blizzcon. Second biggest reason is how they turned WoW into a casino game and that they got rid of the RPG in MMORPG, also the rep blocking new races and not releasing Zandalari or Kul Turians on purpose probably isnt doing them any favors either.
There is a near dangerous level of miss information here. Their stock was down 25% between Oct 3 and when Blizzcon even started. The entire market was crashing in that period. Right after Blizcon they had their quarterly report where they warned investors to expect a light Q4 due to a lack of Activision titles being released and stiff competition. That corresponded with the big drop that people keep blaming on Blizcon. That people are blaming Blizcon or D:I is ludicrous.
Well it’s not entirely Blizzard’s fault, I mean one trend I’ve noticed is that when people are seeing all their favorite franchises being taken over by politically correct garbage and so on, it’s a downward spiral where if there is even a hint of political correctness in something else, people will see it, even if it’s minor.
In wow, I would say that it’s relatively minor as there are still strong, decent male characters; Cyrus, Flynn Fairwind, Saurfang, Anduin and so on. But when little things happen like a decent character like King Rakashtan getting killed off, resulting in more female rulers, that kind of thing really triggers people, even if it’s not a huge deal.
Stocks go up and down all the time that’s just the way that they are. The Blizzard and Actvision Stock is one of the few stocks that has always had an upward trend and it has always been one of the most ideal stocks to do a long term investment on. Naturally the stock was going down before blizzcon and naturally it was around the time the stock would shoot back up right around Blizzcon, but you can see that after the day of Blizzcon the stock didn’t begin to shoot up and it was because of the flop on blizzcon that the stock continued to go down even further.
The entire stock market is in a massive downswing and people on these forums actually think Activision is down because of Diablo and BFA. The general public is so comically stupid it’s incredible. Are Diablo and BFA also the reason Apple is down? How about GE? What about Microsoft and Twitter? And Facebook? But yes, keep thinking its because of DIablo and BFA you simpletons.
Apple always goes up too. So does Facebook. And General Electric. And Microsoft. The entire stock market is in a massive downswing, but yes, keep thinking it’s because of Blizzcon, it makes you seem really smart.