5 ms·

That's all well and good, but Trump is still a terrible option. He never held office, he doesn't know how the system works, and doesn't have the temperament to

That's all well and good, but Trump is still a terrible option. He never held office, he doesn't know how the system works, and doesn't have the temperament to be commander-in-chief. His tax plan will add trillions in debt over the next decade, and will only benefit the rich in the long run. So excuse me if I think Thiel just wants to pay less tax and sue people that piss him off. It's the rich coming to power in a more matter-of-fact way.

DominikR 10y ago
So he does not know the system but you know it well enough to know that his plan will add trillions to the debt?
- bantunes 10y ago
  No, but I can read reports by the Tax Foundation http://taxfoundation.org/article/details-and-analysis-donald-trump-s-tax-plan http://taxfoundation.org/article/details-and-analysis-donald...
- nindalf 10y ago
  Trump's so called economic plan has been trashed by reputable economists and publications. Its easy to see why - he advocates for low taxes and high spending simultaneously. I've read some of the other comments you've posted here, and noticed how impervious to logic you seem to be but surely you can see how low taxes and high spending is a combination that never mixes well. Never mind the Econ 101 level mistakes made in the report (it confused the meaning of "nominal"). Read the reviews of Trump's "plan" - Peterson Institute of International Economics called the plan "magical realism" - https://piie.com/blogs/trade-investment-policy-watch/scoring-trump-trade-plan-magical-thinking https://piie.com/blogs/trade-investment-policy-watch/scoring... - Matt Yglesias points out the stupidity of linking of GDP growth with reducing the trade deficit - http://www.vox.com/policy-and-politics/2016/9/29/13075538/trump-trade-policy http://www.vox.com/policy-and-politics/2016/9/29/13075538/tr... - Who is Peter Navarro (the supposed author of this mess)? - http://econlog.econlib.org/archives/2016/09/who_is_peter_na.html http://econlog.econlib.org/archives/2016/09/who_is_peter_na.... Links courtesy of this FiveThirtyEight article - https://fivethirtyeight.com/features/trump-and-clinton-have-little-to-say-about-slow-economic-growth/ https://fivethirtyeight.com/features/trump-and-clinton-have-...
  - conistonwater 10y ago
    Also http://gregmankiw.blogspot.ca/2016/09/trumponomics.html http://gregmankiw.blogspot.ca/2016/09/trumponomics.html by Mankiw, a former chair of CEA under Bush.
philliphaydon 10y ago
I'm sorry but the tax adding trillions is utter rubbish. This figure only accounts if the current people paying tax continue to pay, and all benefits and handouts continue as is. It neglects the fact that he wants to close loopholes that let people not pay tax and give less reason to dodge tax, you could argue that taking all this into account Hillarys tax could force more people to not pay tax and result in trillions rather than the estimated billions she will add.
- bantunes 10y ago
  How naive can you be to think that a career tax-dodger will make dodging taxes harder? I cannot believe you're honestly having that internal dialogue.
  - briandear 10y ago
    Tax dodger? Like the New York Times? Carried loss isn't a tax dodge. Ironic that Google and other massive tech companies have their Dutch Irish Sandwiches yet overwhelmingly support Clinton. Does anyone think they would support someone that will hurt their business? Of course not. One could infer that Clinton would further enable so-called tax dodging. Google isn't going to risk billions supporting a candidate because of some social consciousness. There's something in it for them.
    - SomeStupidPoint 10y ago
      > There's something in it for them. That's untrue. A Trump presidency following the major Snowden leaks would likely be an international death sentence for US tech companies. Other nations might tolerate presidents they feel they can deal with controlling the NSA apparatus in their nation, but almost certainly will take steps to prevent Donald Trump from having the same tools. For an internet company, the split between Europe and Asia insisting that your service not be an NSA tool while Trump is being tough on terrorists and immigrants likely means that you can no longer continue operating in all markets. So for someone like Google or Facebook, the hit on taxes is smaller than the potential risk to their European and Asian markets from those regions deciding that they need a localized technology company which isn't as at the behest of US presidents. tl;dr: Big businesses will pay for international stability, so the hit on taxes from Clinton versus Trump is off-set by better international relations from Clinton than Trump.

DominikR 10y ago

So he does not know the system but you know it well enough to know that his plan will add trillions to the debt?

bantunes 10y ago
No, but I can read reports by the Tax Foundation http://taxfoundation.org/article/details-and-analysis-donald-trump-s-tax-plan http://taxfoundation.org/article/details-and-analysis-donald...
nindalf 10y ago
Trump's so called economic plan has been trashed by reputable economists and publications. Its easy to see why - he advocates for low taxes and high spending simultaneously. I've read some of the other comments you've posted here, and noticed how impervious to logic you seem to be but surely you can see how low taxes and high spending is a combination that never mixes well. Never mind the Econ 101 level mistakes made in the report (it confused the meaning of "nominal"). Read the reviews of Trump's "plan" - Peterson Institute of International Economics called the plan "magical realism" - https://piie.com/blogs/trade-investment-policy-watch/scoring-trump-trade-plan-magical-thinking https://piie.com/blogs/trade-investment-policy-watch/scoring... - Matt Yglesias points out the stupidity of linking of GDP growth with reducing the trade deficit - http://www.vox.com/policy-and-politics/2016/9/29/13075538/trump-trade-policy http://www.vox.com/policy-and-politics/2016/9/29/13075538/tr... - Who is Peter Navarro (the supposed author of this mess)? - http://econlog.econlib.org/archives/2016/09/who_is_peter_na.html http://econlog.econlib.org/archives/2016/09/who_is_peter_na.... Links courtesy of this FiveThirtyEight article - https://fivethirtyeight.com/features/trump-and-clinton-have-little-to-say-about-slow-economic-growth/ https://fivethirtyeight.com/features/trump-and-clinton-have-...
- conistonwater 10y ago
  Also http://gregmankiw.blogspot.ca/2016/09/trumponomics.html http://gregmankiw.blogspot.ca/2016/09/trumponomics.html by Mankiw, a former chair of CEA under Bush.

philliphaydon 10y ago

I'm sorry but the tax adding trillions is utter rubbish. This figure only accounts if the current people paying tax continue to pay, and all benefits and handouts continue as is. It neglects the fact that he wants to close loopholes that let people not pay tax and give less reason to dodge tax, you could argue that taking all this into account Hillarys tax could force more people to not pay tax and result in trillions rather than the estimated billions she will add.

bantunes 10y ago
How naive can you be to think that a career tax-dodger will make dodging taxes harder? I cannot believe you're honestly having that internal dialogue.
- briandear 10y ago
  Tax dodger? Like the New York Times? Carried loss isn't a tax dodge. Ironic that Google and other massive tech companies have their Dutch Irish Sandwiches yet overwhelmingly support Clinton. Does anyone think they would support someone that will hurt their business? Of course not. One could infer that Clinton would further enable so-called tax dodging. Google isn't going to risk billions supporting a candidate because of some social consciousness. There's something in it for them.
  - SomeStupidPoint 10y ago
    > There's something in it for them. That's untrue. A Trump presidency following the major Snowden leaks would likely be an international death sentence for US tech companies. Other nations might tolerate presidents they feel they can deal with controlling the NSA apparatus in their nation, but almost certainly will take steps to prevent Donald Trump from having the same tools. For an internet company, the split between Europe and Asia insisting that your service not be an NSA tool while Trump is being tough on terrorists and immigrants likely means that you can no longer continue operating in all markets. So for someone like Google or Facebook, the hit on taxes is smaller than the potential risk to their European and Asian markets from those regions deciding that they need a localized technology company which isn't as at the behest of US presidents. tl;dr: Big businesses will pay for international stability, so the hit on taxes from Clinton versus Trump is off-set by better international relations from Clinton than Trump.