Taxes
02-22-2019, 07:47 AM
#211
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Originally Posted by notEnuf
U.S. National Debt Clock : Real Time
And these people call themselves conservatives. Now that's some funny Schiit.
And these people call themselves conservatives. Now that's some funny Schiit.
02-22-2019, 09:24 AM
#212
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Originally Posted by Vincent Chase
Wait...I thought we were a representative republic.
02-22-2019, 09:25 AM
#213
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Originally Posted by notEnuf
Not when you owe $22 trillion and continue to grow your obligation. Looks like you owe about $180,000 personally. Congratulations on yall's ability to deny reality.
U.S. National Debt Clock : Real Time
And these people call themselves conservatives. Now that's some funny Schiit.
U.S. National Debt Clock : Real Time
And these people call themselves conservatives. Now that's some funny Schiit.
Soon, the interest alone will eclipse all else in the budget and then the $$$$ will be off to the races as inflation will be the only way for the govt to proceed. The main thing that has kept us afloat so far is there is really no other economy/currency on a much more stable footing.
02-22-2019, 09:29 AM
#214
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Originally Posted by LumberJack
Trickle down economics don't work.
The tax cut was aimed at business and the wealthy.
The tax cut added to the national deficit.
The tax cut was aimed at business and the wealthy.
The tax cut added to the national deficit.
Command and control socialist economies fail 100% of the time and you and the collective aren't entitled to other people's money because we don't live in a democracy.
02-22-2019, 09:31 AM
#215
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Originally Posted by ChecklistMonkey
If you are making $100k a year and lose your job, your debt problems aren't that you are spending too much. It's that you no longer have a job.
You can't give massive tax cuts and then blame the deficit on too much spending. The growing deficit is because they enacted tax cuts without regard to budget demands.
That being said, no one on the right complained about military spending when we went it alone in Iraq.
You can't give massive tax cuts and then blame the deficit on too much spending. The growing deficit is because they enacted tax cuts without regard to budget demands.
That being said, no one on the right complained about military spending when we went it alone in Iraq.
02-22-2019, 09:50 AM
#216
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Originally Posted by gloopy
Bad analogy. Tax reciepts didn't fall to zero so your "losing your job" hypothetical is irrelevant. They are very high and have been for a while. To fit that into your analogy, it would be like you got a raise but increased your spending and are crying that you're broke because you can't appropriate some of your neighbor's money.
And for the love of all things holy, please stop using logic.
02-22-2019, 09:51 AM
#217
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Originally Posted by full of luv
Sooooo the age old question since the days of the Romans..... is it a spending problem or a taxing problem.
Soon, the interest alone will eclipse all else in the budget and then the $$$$ will be off to the races as inflation will be the only way for the govt to proceed. The main thing that has kept us afloat so far is there is really no other economy/currency on a much more stable footing.
Soon, the interest alone will eclipse all else in the budget and then the $$$$ will be off to the races as inflation will be the only way for the govt to proceed. The main thing that has kept us afloat so far is there is really no other economy/currency on a much more stable footing.
Have you considered bitcoin?
I kid. I kid.
02-22-2019, 09:54 AM
#218
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Originally Posted by gloopy
Fake news. The wealthy don't pay ultra high rates, they divert and avoid (legally) more and more as the fantasy rates on paper go up. And businesses have never paid a penny in taxes and they never will; 100% of whatever they pay is paid by consumers. Even then, they don't pay 35% when the rest of the competitive world is half that or less. Tax reciepts are overflowing and breaking records. The problem is spending. If we could take spending to W's first year levels (we were still spending like drunken...W's...even back then, on EVERYthing including leftists pet projects) we'd have a trillion dollar a year surplus even now.
Command and control socialist economies fail 100% of the time and you and the collective aren't entitled to other people's money because we don't live in a democracy.
Command and control socialist economies fail 100% of the time and you and the collective aren't entitled to other people's money because we don't live in a democracy.
Unless you drive a Tesla. In that case, all the taxpayers subsidized your ride's development. You're welcome.
02-22-2019, 10:01 AM
#220
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Originally Posted by OOfff
Does this mean we don’t pay income taxes, but the company who pays our salary does? 🤔
Um, try some logic and get back to me. You are using the exact opposite analogy of my example.
Oh, and when you switch your analogy, remember this: Delta doesn't suffer when the Government increases the corporate tax rate...the PASSENGER does.
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