Repugnant Disposition = Biggest Issue For Lying U.S. President

Headline:
Donny T. = So Unlike-able

Right out of college my first boss told me one of the greatest truism’s about business and client acquisition…“If They Like You…They’ll Engage In Business With You and Our Company. If They Don’t Like You…They Won’t…No Matter How Technically Competent The Company.”

Therein lies the problem with Donny T.

He is just NOT VERY LIKE-ABLE. So much so that even his “Trophy-Wife” has opportunistically elected to avoid him…preferring to live on Manhattan’s 5th Avenue rather than DC’s Pennsylvania Avenue…with Donny T.

Frankly…He Is VERY EASY TO DISLIKE…that is…beyond his most loyal supporters.

However these supporters are NOT ENOUGH to deliver his legislative agenda.

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So What Does He Do To Cajole His Opponents?

He Criticizes Them [Democrats].
He Lies To Them [Wire-Tapping].
He Threatens Them [Healthcare Repeal].
He Yells At Them [Media].

NONE OF THIS = GOING TO WORK.

Then…What Does He Do To U.S. Sovereign Allies?

He Criticizes Them [Germany].
He Lies About Them [British Intelligence]
He Threatens Them [Mexico].
He Yells At Them [Australia].

NONE OF THIS = GOING TO WORK.

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Of course you cannot just ignore the U.S. President.
When Summoned…You Obey…I Suppose.

Yet when forcefully engaged with Donny T…MOST Business Leaders/Diplomats/Politicians Do Seem To Be Collectively“HOLDING THEIR NOSES”.

Ironically…All The While…“Pinocchio Donny’s” Nose Continually E-L-O-N-G-A-T-E-S…as he routinely LIES…HUMILIATING BOTH THE U.S.A.…and himself.

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So…in order to move his agenda forward he’ll have to Modify His Abrasive Personality …which we all realize WILL NEVER HAPPEN.

Therefore…DONNY T. WILL FAIL…BIG TIME.

Not because of his divisive agenda but SIMPLY because…He Is VERY EASY TO DISLIKE.

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That first boss of mine was full of more wisdom…here is another valuable nugget…“PLAYING THE VICTIM DOES NOT PLAY WELL.”

“The Sympathy Points Initially Gained, If Persisted Upon, Eventually Morph The Victim Into A Pathetic Whiner and Can Also Self-Emasculate” which = precisely where we are at with Donny T…who has “Played the Victim Card” much too early in his term & much too often.

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The Combative Personality that Donny T. So Believes = HIS GREATEST ASSET = Paradoxically…HIS GREATEST LIABILITY.

And the Personality Defects DO NOT ACCIDENTALLY CLOAK AN INTELLIGENT & PASSIONATE Defender of His Political Beliefs… Rather…THEY PURPOSELY EXPOSE A DULL-WITTED & FRIGID Attacker of His Political Opponents.

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Politically, Trump DOES NOT HAVE WHAT IT TAKES…primarily because it is tough to Legislatively Achieve When The Majority [Democrats + Republicans] View HIS DISPOSITION AS REPUGNANT And, Naturally …DO NOT RESPECT HIM.

FAKE PRESIDENT = REAL PHONY

Headline:
Donny T. = A REAL GERIATRIC “PUSSY”…grabber

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Fake Accusations = Real Lies
Fake Bravado = Real Insecurity
Fake Integrity = Really Immoral
Fake Intellect = Real Idiot
Fake Knowledge = Real Ignorance
Fake Negotiator = Real Intimidator
Fake Patriot = Real Coward [Dodging Military Service]
Fake Respect For Women = Real Sexual Predator
Fake Sincerity = Really Condescending
Fake Trust = Really Paranoid
Fake Victim = Real Bully
Fake Wealth = Real Debts
Fake Winner = Real Loser
********
Fake Hair = Really Bad
Fake Smile = Real Anger
Fake Tan = Really Pathetic
Fake Wife = Real Accessory
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Border Adjustment = Federal “Tax Grab”

Headline:
Taxing The Trade Deficit To Broaden The Tax Base

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For those of you that studied economics in college the proposed “Border Adjustment” is an idea that contradicts a crucial concept of what you learned…that is…those companies with the lowest cost of production have a great advantage versus their competitors.

The “Border Adjustment” actually Penalizes LOW COST OVERSEAS PRODUCTION and Incentivizes HIGHER COST DOMESTIC PRODUCTION by Perversely “Adjusting”/Increasing Import Prices [of U.S. based offshore producers] Toward The Domestic Standard Price.

So despite much chatter to the contrary…it is NOT A DIRECT TAX…IT IS A NATIONALISTIC BARRIER TO LOW COST IMPORTS WHICH, ODDLY, BECOME PERSONA NON GRATA.

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If Proposed = The Dramatic/Global Economic Impacts cannot be over-stated as…

U.S. Corporate Income Tax Rates Shift:
From: Point of Lowest Cost Production = Offshore
To: Point of Highest Priced Consumption= Onshore

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Basically, the overseas production/domestic consumption profit arbitrage disappears for U.S. based businesses.

Unfortunately, much of those profits will eventually find a home at the U.S. Treasury…as the Border Adjustment proposal is not just about protected trade…but also about significantly deepening + broadening the U.S. Tax Base.

3 Step Legislative Process To Codify “Border Adjustment” =

1. “Softly” Repatriate A U.S. Company’s Tax Basis
+
2. Re-Set Corporate Tax Rate Higher: U.S. Federal
vs. Foreign Sovereign
+
3. Elevate Product Taxable Value [Consumption Price]
vs. Foreign Taxable Value [Production Price]

= Richly Taxed “Found” Revenue to U.S. Treasury

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Moreover, since U.S. Consumption Expenditures > U.S. Production Expenditures the Base of Taxable Dollars Swells Further Upward.

Thus the “Border Adjustment” = just a veiled federal government “Tax Grab” from Foreign Sovereigns + U.S. Multi-Nationals in order to satiate its appetite for greater revenue.

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“BORDER ADJUSTMENT” DETAILS

FEATURES:
1. Broadens Federal Tax Base As
U.S. Consumption > U.S. Production.
2. Tax Dollar Transfer:
From: Foreign Sovereigns
To: U.S. Treasury
3. Wealth Transfer:
From: U.S. Multi-Nationals
To: U.S. Treasury
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4. U.S. Corporate Income Tax Application
Stratified Between Imports/Exports
5. U.S. Corporate Income Tax Basis Shifted
From: Production Domicile
To: Consumption Domicile
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6. Exports Treated “Tax Favorable”
7. Imports Treated “Tax Unfavorable”

GOOD STUFF:
1. Corporate Income Tax:
Simplified To 20% Flat Rate
2. Capital Investment =
From: Depreciation
To:
Expense
3. Exports Not Taxable
4. One-Time Tax Reduction: Repatriation
of Overseas Cash

BAD STUFF:
1. Ignores 17% Average/Effective
U.S. Corporate Tax Rate.
2. Proposed 20% Rate = Tax Increase
3. Imported Goods = Not Deductible
4. Interest Expense = Not Deductible
5. U.S. Based/Net Importing Company
Business Model = Destroyed
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6. Inefficient Capital Spend = Adapting To
Higher Priced Domestic Production
7. Ignores Transformation Of Production Assets
From: Humans Employed
To: Robotics Deployed
8. Global Supply Chain Disruptions
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9. Production Focused Economy = Backward Looking
10. Protectionist Trade Policies = “Short-Cut”
To Effectively Compete
11. Economic Damage To Existing Trade
Partners = Substantial
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12. $US Denominated Debt of Foreign
Economies = Resets Higher With Stronger Reserve Currency
13. Penalizes Countries With Lower Standards of Living
14. WTO Non-Compliant

UNCERTAIN GOOD STUFF:
1. Foreign Company Domicile: To U.S.

UNCERTAIN BAD STUFF:
1. U.S. Exports Suffer As Nationalism/Strong Dollar
“Trump” Tax Free Status
2. Regressive Tax Implications: Especially
Regarding U.S. Oil Imports/Gasoline Prices
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3. U.S. Consumers = Less Choice
4. U.S. Consumers = Higher Prices

UNCERTAIN STUFF:
1. Tax Impact: Foreign Domiciled Companies:
Producing Overseas and Selling To The U.S.
2. Tax Impact: Foreign Domiciled Companies:
Producing In U.S. and Exporting From U.S.
3. Tax Impact: Countries With Existing Trade
Deficit With U.S. = Britain = Economic “Friendly Fire”

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When the “Border Adjustment” is likely proposed the ONLY SUBSEQUENT CERTAINTY = COORDINATED GLOBAL ECONOMIC RESPONSE AIMED AT UNCLE SAM…and A Trade War Becomes A Possibility.