Stock Market in Biden's America if he wins

Across-the-board corporate tax cuts don't do much to create jobs. That's according to a 2017 study by the Institute for Policy Studies. It compared 92 publicly-held corporations who paid less than the 35% corporate tax rate. It found that, between 2008 and 2016, these corporations lost jobs while the overall economy increased jobs by 6%. Instead of paying taxes or hiring, these companies bought back their own stocks. They also increased CEO pay at a higher rate than the average for companies listed on the S&P 500.3

This was a similar finding to a 2014 New York University study. It compared companies in low-tax states to those in high-tax states. They found the tax rate didn't affect job creation unless tax cuts were offered during recessions.4

Payroll tax cuts are the most cost-effective ways to increase jobs because they lower the cost of labor. These cuts create jobs in four specific ways:

  1. Companies with popular products immediately use the savings to hire more workers.
  2. Other companies use the savings to reduce prices. That increases demand, which necessitates hiring more workers.
  3. Some firms use tax savings to allow them to buy more goods. This benefits manufacturers.
  4. Many businesses use the cuts to raise wages to retain good workers. The workers spend more, increasing demand.

According to the CBO, every $1 million in payroll tax cuts creates 13 new jobs.

The payroll tax cuts specifically targeted for new hires is the most cost-effective tax cut. Every $1 million in targeted payroll tax cuts creates 18 new jobs. It lowers the cost of new employees when compared to existing workers or investment in new equipment. That changes employers’ decision-making in favor of new hires.

That's idiotic. The study was from 2017. Just think about it. If corporate tax rates go up, businesses leave. Trump brought businesses back.
 

Bigrunner

EOG Master
Trump's Warp Speed greatly helping the market.

Some more false information being spewed by Raiders the retarded one. Pfizer loudly annouced they weren't involved with Warp Speed. They also announced the took no money from the government.

Also in honor of Veterans Day, Trump wrongly called American Soldiers "suckers and losers". Raiders the retarded one loves Trump and hates American soldiers. I'd bet he supported American soldiers pre Trump? It's a cult!
 

blueline

EOG Master
Pfizer felt they could move forward better on their own....without warp speed
The only thing they were involved with the government was distribution of a vaccine
 
Pfizer is not part of warp speed per Pfizer's own press release.



Again, Pfizer, themselves, says they are not involved with warp speed.
I listened to them denying they are part of warp speed yet they are unless they are turning down the $2b. Warp speed with distribute the vaccine.
 

Bigrunner

EOG Master
All Trump does is lie, deceive, attack facts, attack the free press, traffic conspiracy theories, hate, kill, inspire hate, and inspire killings. It could be Hitler, but it's Trump.
 

Valuist

EOG Master
Someone from Interactive Brokers was just on saying a number of their biggest accounts are now net short, for the first time since March. Only question is will we see a 10-15 % drop, or something along the lines of a 30-35% correction? Stop losses never a bad idea after a big runup.
 

billysink

EOG Dedicated
The GOAT came through again. The $2000 per qualified person boosted the stock market.


Just plain fukkin stupid.


Lemme ask you something tard.

What great economy was built and sustained on handouts of cash?

Furthermore what does the US market have to do anymore with the overall health of its economy?

Why do Trumptards just not get it? Their country is flat out falling apart in failure and they are lining up begging for it to happen.
 
The democrats are the ones that threw the fat in the bill by giving other countries money. They only wanted to give $600/US citizen. The GOAT jacked it up to $2k. A cash infusion stimulates the economy although it can lead to inflation.
 

FairWarning

Bells Beer Connoisseur
Instead of government cheese, we can have government 52-inch flat screens in our houses to watch netflix and play x-box on.
 

MrTop

EOG Master
Exploding Debt Levels Mean Stocks Can't Go ‘To the Moon’ Forever
Interest rates already at zero and plenty of debt make it difficult for corporate profits – and equities – to continue their push higher, AlphaOmega Advisors’ Cecchini says.




only a matter of time....
 

billysink

EOG Dedicated
Exploding Debt Levels Mean Stocks Can't Go ‘To the Moon’ Forever
Interest rates already at zero and plenty of debt make it difficult for corporate profits – and equities – to continue their push higher, AlphaOmega Advisors’ Cecchini says.




only a matter of time....


Bout 6 months, when there is no more helicopter money.
 
When have stocks ever been able to go to the moon forever? Bubbles everywhere, smart people are rotating into less risky sectors. Probably still lose something if liquidity dries up, but surely won't get killed like the dumb people who hold stuff last. When your grandparents tell you hey I got my first bitcoin today or hey I bought that Tesla stock you were telling me about in 2015, then you know the bottom is about to fall out.
 

billysink

EOG Dedicated
The 2017 study involved years 2008-2016

Nobody wrong more on the reg than you and MM

Youre always embarrassing yourself


A study for some shit Capitalist Pigs been doing for 200 years?

Raiders "its a study from 2017"

Kid showed up for his driver's test in a Tonka Toy.
 
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