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公說公有理,婆說婆有理 December 3, 2017

Posted by hslu in Congress, 美國, Economics, Election, Taxes, Trump, US Government.
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This is the oroblem with economics: no one has any clue as to what’s going to happen in ten years with the new tax reform bill.

Democrats say: $500 billion, $1 trillion or $1.5 trillion deficit added to the national debt in 10 years with the rob-the-poor-and-soak-the-rich tax plan.

Republicans say: revenue neutral, beyond revenue neutral or 3+% annual GDP growth from the historical and boldest re-write of the tax code ever.

The schmos: Is there anything we can do?

Trump: Four more years! Four more years!

National Debt:

@ 2017/12/03, 20:10:28

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Terrain Denial Sorties November 29, 2017

Posted by hslu in 美國, Economics, Islam, Middle East, Military, Muslim, Taxes, U.S. Foreign Policy, US Government.
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Have you heard of this? 

Probably not. Read on to find out more.

B-52s Are Dropping Hundreds of Dumb Bombs in Afghanistan to Literally Shape the Terrain

http://flip.it/fX0A6_

This is what U.S. is doing in Afghanistan. Basically it is a very expensive remote landscaping operation w/o using any Latinos. No wonder Trump and Republicans want more money for defense. 

Latinos can be picked up at Home Depot parking lot to do odd jobs for you at $120/day. These 500-lb bombs cost $25,00+ a piece.

Source: Quora

Here are the numbers for FY2018 defense budget:

1.   The base budget for DoD is $574.5 billion. 

2.   The Overseas Contingency Operations budget, a fancy name for fighting the ISIS, is $64.6 billion.

3.   Other agencies related to the protection of the nation is $173 billion: VA, the State Dept., Homeland security, FBI and the National Nuclear Security Administration, etc.

4.   $12 billion in OCO funds for the Homeland Security to fight ISIS.

Total for defense related budget: $824.6 billion. It is the second largest spending item after Social Security which costs tax payers ~$1 trillion.


Trump and Mohammed bin Salman November 19, 2017

Posted by hslu in 石油, 美國, Energy, Global Affair, Islam, Middle East, Muslim, Obama, Taiwan, Taxes, Trump, U.S. Foreign Policy, 川普.
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Trump has unleashed the Saudi Arabia we always wanted — and feared

http://flip.it/nNbGLY

Trump’s first foreign trip after his inauguration was to Saudi Arabia. 

Why?

What did his advisors tell him? 

What would he gain by talking to Mohammed bin Salman other than undo what Obama did to the Middle East before him?

Did he really think that he can make his mark in history with peace agreements between the enemies in the Middle East?

Did he try to lend legitimacy to a young and untested Saudi prince who requested the meeting in the first place?

Did Trump believe that Saudi Arabia might be on the cusp of forming an alliance with Russia to dominate the world oil market?

Did Trump want to tell the prince in person that America will no longer insert itself in any future Middle East conflict because Saudi is a big boy who should handle itself like a grown man instead of hiding behind the U.S.?

Did Trump just want to be bold,  unpredictable and keep people guessing?

Or mabe Trump want to check out Saudi’s golden toilet?

名嘴和美國政治 October 15, 2017

Posted by hslu in Congress, 美國, Democracy, Election, Globlization, Islam, Liberal Media, Middle East, Muslim, Politics, Racial Bias, Russia, Taxes, Trump, U.S. Foreign Policy, US Government, 川普.
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臺灣的政治,社會的輿論,人民的想法和朝代(中央和地方)的變遷被電視上的名嘴操縱,掌控。這些人爲他們的政治理念在電視臺的節目中大放厥詞,打擊政府,攻擊個人,企圖左右地方和中央選舉的結果。無知的百姓很容易被這些人影響,而政府的政策就被這些人綁架了。

美國一樣也有名嘴:無線電臺保守派政治論壇節目主持人(在過去,自由派的政治論壇節目幾乎沒辦法生存),電視臺新聞節目主持人,週末和夜晚新聞節目的主持人和網路上保守派,激進派和自由派的護衛者。

Steve Bannon (班農) 就是一個典型的例子。

他說話頭頭是道,口無遮攔,極會罵人。他對美國在世界上的霸權有無比堅定的信念。他堅絕反對貿易全球化,反伊朗,反蘇俄,反北韓,反中國,反歐盟,反美國的盟友用美國錢。他主張在邊界築圍牆把中南美洲的違法移民擋在牆外。他反對有些穆斯林國家的阿拉伯人來美國,厭惡共和黨中反對川普的參議員和眾議員,反對現有的共和黨體系,也強烈的反民主黨的政治立場。

他在川普的小圈圈裏位高權重,深得川普長久的信任。可是在川普進白宮以後,他跟川普的女兒,女婿和其他顧問,部長不和,最後不得以被川普解僱。可是他在無官一身輕的情況之下,威脅共和黨參,眾議員,打擊在明年美期中要競選連任的議員。

其實,他威脅現任參議院首領 McMconnell,和即將退休的參議員 Corker 的真正目的,是恐嚇其他共和黨參議員,要他們三緘其口,不可以公開批評或反對川普,要這些人爲共和黨和川普推行的稅改政策投下贊成的一票。

現在,共和黨的52個參議員中只有三,四個參議員敢對川普和共和黨的稅改提案有任何異議。他們也極有可能會投反對票。除了 Corker 和生癌症的 McCain  以外,川普還需要擔心緬因州的 Collins 和阿拉斯加的 Murkowski 參議員很可能會反對共和黨和稅改政策。

川普知道這個道理。班農當然也知道這個道理。所以,班農的責任就是儘量打擊 McConnell 和 Corker,殺一儆百,告訴其他的共和黨參議員,你們最好乖乖的通過共和黨提出來的稅改政策,不然下一個目標就是反對稅改政策的共和黨參議員了。

共和黨在美國的眾議院有壓倒的多數,許多眾議員也不敢公開反對川普,因為川普的鐵票可能高達 30%,甚至 35% 的選民。如果眾議員公開反對川普,那他們競選得連任的機會就不大了。

這是美國民主政治黑暗的一面。許多中國人,尤其是年輕的中國人,包括臺灣的年輕人在內,以為美國的民主政治是世界上至高無上,最純潔,最公平的治國標準。沒人一票多麼神聖阿! 他們那裏知道美國的民主政治實際上早就被有錢人和有特殊要求的團體綁架了。

Medicare is under the knife. Again! October 5, 2017

Posted by hslu in Congress, Debt and deficit, Democracy, Obamacare, Politics, Taxes, Trump.
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Reid, Pelosi and Obama took $716 billion from Medicare in 2012 to pay for Obamacare. AARP did very little to prevent it becoming the law of the land. Now, the program is blowing up in the market place and is adding trillions to the national debt.

This time around, it’s Republican’s turn to make a deep cut, about $500 billions, to the Medicare budgets because the Republican controls all three branches of the American government. 

Source: Vox

Source: Flipboard

In addition to Medicare, Medicaid is on the chopping blocks too. Budgets for Medicaid will be cut by roughly $1 trillion. 

Source: Flipboard

To get money to pay for Republican’s tax cut, it means that something else from the federal government’s budget has to be slashed to make the tax cut legislature revenue neutral. Budgets for Medicare and Medicaid are just two of the tens, if not hundreds, of federal programs to be cut by the Republican’s tax reform.

Well, more details of the tax reform plan will come out in the next few weeks. No matter what kind of bill the House ends up with, it is a done deal because Democrat is totally out-numbered and out-maneuvered. Democrat in the Senate is hopeless to prevent this from becoming law in the Senate but several Republican senators may be able to make the damage to Medicare budget as little as possible.

We’ll just have to wait to see what happens next in the Congress. Not much we the tax payers can do now because it’s democracy.

3% vs 2% September 30, 2017

Posted by hslu in 美國, Do you know?, Economics, Health Insurance, Obamacare, Taxes.
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We’re talking about the growth rate of American’s economy in the next 10 years.

Trump, well his underling, said that America’s economy will grow 3% on average for the next 10 years after Republican’s tax reform is enacted as law.

Source: Bloomberg.

You see, Republican and Democrat are ‘兩個烏鴉一般黑’, they are ‘一丘之貉’. They use this kind of financial trick to tell American citizens that even though their program, be it Obamacare in 2009 or tax reform in 2017, will increase deficit, but the resulting higher economic growth will generate enough taxes to make the new program budget neutral: a term you will hear repeatly before the end of this year.

Do you know the impact on American’s national debt if the economy grew 2% instead of 3%? 

About $2 trillion. And that’s assuming the U.S. won’t fall into a recession and no funny accounting gimmicks.

Last year, the U.S. federal deficit was $590 billion but the national debt rose by $1.4 trillion; a whoppying $810 billion difference.

Why? Where did $810 billion go?

Well, check out this link below and read yourself.

https://www.google.com.tw/amp/s/www.forbes.com/sites/johnmauldin/2016/11/02/thanks-to-obamacare-government-debt-is-worse-than-you-think/amp/#ampshare=https://www.forbes.com/sites/johnmauldin/2016/11/02/thanks-to-obamacare-government-debt-is-worse-than-you-think/
Allow me to give you some highlights to get you started:

Do you know that government’s borrowing to make student loans and repairs on highways and bridges aren’t classified as deficit? These items are ‘investments’ so that they don’t count as deficit. In addition, the U.S. government had to borrow some money to pay for social welfare recipiants because the government didn’t collect enough taxes from FICA deductions to pay for social welfare benefits: social security, Medicare and ACA. There are more in the article if your blood pressure is under control.

A warning: as powerful as America is, all bean counters working for the federal government couldn’t figure out where $82 billion went.

This is your America.

Let the fight begin September 28, 2017

Posted by hslu in Congress, 美國, Economics, Taxes, Trump.
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The fight is on tax reform proposed by the Republicans and endorsed by Trump.

The new proposal calls for roughly doubling of the standard deduction which in essence eliminates many tax payers’ incentive to itemize (schedule A). Deductions on medical expenses including health insurance payment, lab, test and doctor fees, medicines and other costs, probably will be gone. 

Mortgage interest deduction will be gone too for some tax payers because their itemized deductions will be lower than the standard deductions. As such, even the new plan calls for retention of mortgage interest deductions, this deduction is basically eliminated for most tax payers.

Well, none of this new rules on deductions will affect me but I’ll be happy to take the doubling of the standard exemption starting with the 2017 tax return.

However, I don’t think Republican’s tax reform proposal will be revenue neutral. Where will the new revenue come ftom to offset the tax cuts for higher income and the super-rich tax payers? Don’t forget the corporate income tax will be cut by roughly 42%, from ~35% to 20%? On top of that, the death tax will be eliminate too.

I know that Republican will rely on a bigger pie to collection more taxes because tax reform, Republican will argue, will grow the economy which will provide a bigger tax base to collect federal tax from.

Suck it up, I married a rich daddy August 23, 2017

Posted by hslu in Taxes, US Government.
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2017 Kia Soul: $12,610

Lousie Linton’s Outfit: $15,735

Linton’s Husband: Steven Mnuchine

Suck it up, I am rich

川普是君子還是小人? August 12, 2017

Posted by hslu in Taxes, Trump.
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​很簡單的一個問題。別忘了,川普是美國總統。

  • 君子的定義:

儒家認為,君子是《富有禮儀規範,具有高道德標準的人。》

小人:

儒家認為,小人是《不嚴格遵守道德和規則,沒有高尚人格,搬弄是非,或私下謀害別人的人。》

你覺得美國現任總統川普是:

  1. 君子,
  2. 小人,
  3. 兩個都不是,
  4. 自戀狂。

    那,什麼是自戀狂呢?一般來說,自戀狂有以下的特徵:

    1. 自以為是,自視甚高。誇大自己的成就。
    2. 對自己的成功,權力,榮譽有非分的幻想。
    3. 相信自己獨一無二。看不起其他人。
    4. 喜歡別人讚美他,恭維他,巴結他。
    5. 認為自己享有特殊的權力。
    6. 獵取他人的利益,以達到自己的目的。
    7. 不在乎他人的感受以及需求。
    8. 嫉妒他人。還相信別人嫉妒他的成就。
    9. 高傲自大,粗鲁,謾罵他人。
    10. 隨意批評他人也非常在乎他人對他的批評。

    你覺得川普是什麼?




    Making sense March 22, 2017

    Posted by hslu in Debt and deficit, Taxes, Trump, US Government.
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    http://www.foxnews.com/opinion/2017/03/22/john-stossel-is-trumps-budget-draconian-careless-and-counterproductive.html

    I enjoy reading John Stossel’s comments and watching his TV shows.

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