BluesLegend
Diamond Member
You liberal dumb asses already tried that in a blue state, voters rejected it by over 60%
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The days of past practices may soon be over. The dems "soaking the rich" and having them move accounts to Switzerland or other tax havens, and the GOP cutting taxes expecting the lower 2/3 of incomes to pay the wealthy's way never worked. Soon the Debt and interest on the Debt will crash everything, so unless the DC coxuckers figure it out soon the Chinese will be the new and only super-power.
2020 may not be the cycle when the economy crashes, but Medicare is scheduled to be bankrupt in 2024, and social security in 2034, so things will start to happen in the next cycle or two. Who will be to blame? Both parties.
the GOP cutting taxes expecting the lower 2/3 of incomes to pay the wealthy's way never worked.
That must be why, after rates are cut, the wealthy pay an ever larger share of income tax receipts.
The days of past practices may soon be over. The dems "soaking the rich" and having them move accounts to Switzerland or other tax havens, and the GOP cutting taxes expecting the lower 2/3 of incomes to pay the wealthy's way never worked. Soon the Debt and interest on the Debt will crash everything, so unless the DC coxuckers figure it out soon the Chinese will be the new and only super-power.
2020 may not be the cycle when the economy crashes, but Medicare is scheduled to be bankrupt in 2024, and social security in 2034, so things will start to happen in the next cycle or two. Who will be to blame? Both parties.
the GOP cutting taxes expecting the lower 2/3 of incomes to pay the wealthy's way never worked.
That must be why, after rates are cut, the wealthy pay an ever larger share of income tax receipts.
Link please, who the fuck cares about "share of income tax receipts", how about including payroll taxes? Are you one of those who say "only little people pay taxes"? If the top tax rate owns 90% or so of everything they should pay a lot more than those struggling to make ends meet. The tax revenue below is totally inadequate:
Who Really Pays Uncle Sam's Bills?
- FY 2019 - $3.422 trillion, estimated.
- FY 2018 - $3.34 trillion, estimated.
- FY 2017 - $3.32 trillion.
- FY 2016 - $3.27 trillion.
The tax cuts and increased spending are exploding the Debt
Federal Budget Deficit Projected to Soar to Over $1 Trillion in 2020
The forecast is considerably bleaker than the budget office’s projections in June last year, before Congress approved the tax cuts and agreed to increase spending. The $804 billion projected deficit for the current fiscal (2018) year is $242 billion larger than what the budget office had expected in June. In addition, the budget office now projects a cumulative deficit of $11.7 trillion over the next decade, an increase of $1.6 trillion from last June’s projection for that time period.
By 2023, according to the budget office, interest costs are projected to exceed what the government spends on the military.
By 2028, interest payments will reach $915 billion, more than triple the interest costs last year.
who the fuck cares about "share of income tax receipts", how about including payroll taxes? Are you one of those who say "only little people pay taxes"? If the top tax rate owns 90% or so of everything they should pay a lot more than those struggling to make ends meet. The tax revenue below is totally inadequate:
The days of past practices may soon be over. The dems "soaking the rich" and having them move accounts to Switzerland or other tax havens, and the GOP cutting taxes expecting the lower 2/3 of incomes to pay the wealthy's way never worked. Soon the Debt and interest on the Debt will crash everything, so unless the DC coxuckers figure it out soon the Chinese will be the new and only super-power.
2020 may not be the cycle when the economy crashes, but Medicare is scheduled to be bankrupt in 2024, and social security in 2034, so things will start to happen in the next cycle or two. Who will be to blame? Both parties.
who the fuck cares about "share of income tax receipts",The days of past practices may soon be over. The dems "soaking the rich" and having them move accounts to Switzerland or other tax havens, and the GOP cutting taxes expecting the lower 2/3 of incomes to pay the wealthy's way never worked. Soon the Debt and interest on the Debt will crash everything, so unless the DC coxuckers figure it out soon the Chinese will be the new and only super-power.
2020 may not be the cycle when the economy crashes, but Medicare is scheduled to be bankrupt in 2024, and social security in 2034, so things will start to happen in the next cycle or two. Who will be to blame? Both parties.
the GOP cutting taxes expecting the lower 2/3 of incomes to pay the wealthy's way never worked.
That must be why, after rates are cut, the wealthy pay an ever larger share of income tax receipts.
Link please, who the fuck cares about "share of income tax receipts", how about including payroll taxes? Are you one of those who say "only little people pay taxes"? If the top tax rate owns 90% or so of everything they should pay a lot more than those struggling to make ends meet. The tax revenue below is totally inadequate:
Who Really Pays Uncle Sam's Bills?
- FY 2019 - $3.422 trillion, estimated.
- FY 2018 - $3.34 trillion, estimated.
- FY 2017 - $3.32 trillion.
- FY 2016 - $3.27 trillion.
The tax cuts and increased spending are exploding the Debt
Federal Budget Deficit Projected to Soar to Over $1 Trillion in 2020
The forecast is considerably bleaker than the budget office’s projections in June last year, before Congress approved the tax cuts and agreed to increase spending. The $804 billion projected deficit for the current fiscal (2018) year is $242 billion larger than what the budget office had expected in June. In addition, the budget office now projects a cumulative deficit of $11.7 trillion over the next decade, an increase of $1.6 trillion from last June’s projection for that time period.
By 2023, according to the budget office, interest costs are projected to exceed what the government spends on the military.
By 2028, interest payments will reach $915 billion, more than triple the interest costs last year.
who the fuck cares about "share of income tax receipts", how about including payroll taxes? Are you one of those who say "only little people pay taxes"? If the top tax rate owns 90% or so of everything they should pay a lot more than those struggling to make ends meet. The tax revenue below is totally inadequate:
If that's the way they feel, why stop at income?
Let's say you have eight beautiful bushes in your front yard. Would it not be proper for government to come along, take four of your bushes, and give them to the lady down the street who has no bushes at all?
If you are an entertainment lover and have three big screen televisions in your home, would it not be proper for government to take two of your big screens and give them to people that don't have any big screen televisions in their home?
Payroll taxes are money you will get back (and more) if you live the average lifespan. You are going to get every dollar of your Social Security back. You are going to get back every dollar you contributed to Medicare. Your city, county and state taxes go to services you use every day. There is really nothing to cut.
The days of past practices may soon be over. The dems "soaking the rich" and having them move accounts to Switzerland or other tax havens, and the GOP cutting taxes expecting the lower 2/3 of incomes to pay the wealthy's way never worked. Soon the Debt and interest on the Debt will crash everything, so unless the DC coxuckers figure it out soon the Chinese will be the new and only super-power.
2020 may not be the cycle when the economy crashes, but Medicare is scheduled to be bankrupt in 2024, and social security in 2034, so things will start to happen in the next cycle or two. Who will be to blame? Both parties.
If it were up to me, we would have a consumption tax to pay off our debts. We all voted for this debt, so we all should pay for it.
Since the wealthy fund most of our spending, maybe it's time the rest of us helped out. Let's say a ten cent on the dollar consumption tax. Everything you buy, you have to pay 10% more to help pay off our debt.
When you rob Peter to pay Paul, the Paul's in your society generally have no objection. If everybody had a dog in the race, perhaps people would be less likely to approve of the ridiculous spending that happens year after year.
House Democrat's can finish off Republicans in both the Senate and House of Rep's and take back rhe White House opening an opportunity to pack federal courts, including the Supreme Court with overwhelming liberal judges.
Tax reform can change America in one masterful plan. All the House must do is propose large tax cuts for the middle and lower tax brackets and eliminate all the breaks and loopholes going to the super high upper-income folks and obscenely rich. America will love the plan and flock to the voting polls.
The days of past practices may soon be over. The dems "soaking the rich" and having them move accounts to Switzerland or other tax havens, and the GOP cutting taxes expecting the lower 2/3 of incomes to pay the wealthy's way never worked. Soon the Debt and interest on the Debt will crash everything, so unless the DC coxuckers figure it out soon the Chinese will be the new and only super-power.
2020 may not be the cycle when the economy crashes, but Medicare is scheduled to be bankrupt in 2024, and social security in 2034, so things will start to happen in the next cycle or two. Who will be to blame? Both parties.
If it were up to me, we would have a consumption tax to pay off our debts. We all voted for this debt, so we all should pay for it.
Since the wealthy fund most of our spending, maybe it's time the rest of us helped out. Let's say a ten cent on the dollar consumption tax. Everything you buy, you have to pay 10% more to help pay off our debt.
When you rob Peter to pay Paul, the Paul's in your society generally have no objection. If everybody had a dog in the race, perhaps people would be less likely to approve of the ridiculous spending that happens year after year.
I don't care if they add a Federal Sales Tax to fund things, as long as the wealthy can't get around it by buying overseas or some other loop-hole.
A concept of promoting an issue that may be popular with people but unpopular with an opposing party is not a new one. Is used to draw a wedge between a party and rhe voters. Standard operating procedure really.House Democrat's can finish off Republicans in both the Senate and House of Rep's and take back rhe White House opening an opportunity to pack federal courts, including the Supreme Court with overwhelming liberal judges.
Tax reform can change America in one masterful plan. All the House must do is propose large tax cuts for the middle and lower tax brackets and eliminate all the breaks and loopholes going to the super high upper-income folks and obscenely rich. America will love the plan and flock to the voting polls.
There are a lot of things both parties can do in the next two years to affect the 2020 election.
Can you name a single thing the republican congress has done to help the economy?Instead of worrying "finishing off" the "other side", perhaps our "leaders" could concentrate on legislating in a manner that works for the largest possible number of Americans, regardless of those Americans' political leanings.
I'm just kidding, of course.
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That would be great, but it can't happen as long as Trump Trolls still hold the senate.
We wouldn’t want this booming economy to keep going would we.
Everything is Trumps fault,except for the good things!
Sent from my iPhone using Tapatalk
The days of past practices may soon be over. The dems "soaking the rich" and having them move accounts to Switzerland or other tax havens, and the GOP cutting taxes expecting the lower 2/3 of incomes to pay the wealthy's way never worked. Soon the Debt and interest on the Debt will crash everything, so unless the DC coxuckers figure it out soon the Chinese will be the new and only super-power.
2020 may not be the cycle when the economy crashes, but Medicare is scheduled to be bankrupt in 2024, and social security in 2034, so things will start to happen in the next cycle or two. Who will be to blame? Both parties.
If it were up to me, we would have a consumption tax to pay off our debts. We all voted for this debt, so we all should pay for it.
Since the wealthy fund most of our spending, maybe it's time the rest of us helped out. Let's say a ten cent on the dollar consumption tax. Everything you buy, you have to pay 10% more to help pay off our debt.
When you rob Peter to pay Paul, the Paul's in your society generally have no objection. If everybody had a dog in the race, perhaps people would be less likely to approve of the ridiculous spending that happens year after year.
I don't care if they add a Federal Sales Tax to fund things, as long as the wealthy can't get around it by buying overseas or some other loop-hole.
Correct, why look at what they are getting away with using all those tax loopholes they have now:
Top 20% of Americans Will Pay 87% of Income Tax
who the fuck cares about "share of income tax receipts",The days of past practices may soon be over. The dems "soaking the rich" and having them move accounts to Switzerland or other tax havens, and the GOP cutting taxes expecting the lower 2/3 of incomes to pay the wealthy's way never worked. Soon the Debt and interest on the Debt will crash everything, so unless the DC coxuckers figure it out soon the Chinese will be the new and only super-power.
2020 may not be the cycle when the economy crashes, but Medicare is scheduled to be bankrupt in 2024, and social security in 2034, so things will start to happen in the next cycle or two. Who will be to blame? Both parties.
the GOP cutting taxes expecting the lower 2/3 of incomes to pay the wealthy's way never worked.
That must be why, after rates are cut, the wealthy pay an ever larger share of income tax receipts.
Link please, who the fuck cares about "share of income tax receipts", how about including payroll taxes? Are you one of those who say "only little people pay taxes"? If the top tax rate owns 90% or so of everything they should pay a lot more than those struggling to make ends meet. The tax revenue below is totally inadequate:
Who Really Pays Uncle Sam's Bills?
- FY 2019 - $3.422 trillion, estimated.
- FY 2018 - $3.34 trillion, estimated.
- FY 2017 - $3.32 trillion.
- FY 2016 - $3.27 trillion.
The tax cuts and increased spending are exploding the Debt
Federal Budget Deficit Projected to Soar to Over $1 Trillion in 2020
The forecast is considerably bleaker than the budget office’s projections in June last year, before Congress approved the tax cuts and agreed to increase spending. The $804 billion projected deficit for the current fiscal (2018) year is $242 billion larger than what the budget office had expected in June. In addition, the budget office now projects a cumulative deficit of $11.7 trillion over the next decade, an increase of $1.6 trillion from last June’s projection for that time period.
By 2023, according to the budget office, interest costs are projected to exceed what the government spends on the military.
By 2028, interest payments will reach $915 billion, more than triple the interest costs last year.
Well, when you whine about the cut in the income tax rate and say the middle class is paying for the wealthy, I'd think that you'd care that after the cut, the wealthy are paying more of the share and the middle class is paying less. But you'd have to be honest to admit you were wrong.
Wrong is saying that after the tax cut the wealthy are paying more. That is incorrect. They are paying less than their fair-share should be.
The point I'm trying to make is that the top rate needs to cover the Budget Deficit or the system crashes as interest payments explode.
how about including payroll taxes?
Since payroll taxes were not changed by the tax cuts you dislike, why would I include them?
To get accurate totals of taxes paid by all segments of the tax base. Its not just "income tax".
If the top tax rate owns 90% or so of everything they should pay a lot more than those struggling to make ends meet.
Since they already do pay a lot more, you should be happy. Not until the Budget Deficit is covered
The tax revenue below is totally inadequate: It's true, government spending should be cut. A lot. Agreed
The days of past practices may soon be over. The dems "soaking the rich" and having them move accounts to Switzerland or other tax havens, and the GOP cutting taxes expecting the lower 2/3 of incomes to pay the wealthy's way never worked. Soon the Debt and interest on the Debt will crash everything, so unless the DC coxuckers figure it out soon the Chinese will be the new and only super-power.
2020 may not be the cycle when the economy crashes, but Medicare is scheduled to be bankrupt in 2024, and social security in 2034, so things will start to happen in the next cycle or two. Who will be to blame? Both parties.
If it were up to me, we would have a consumption tax to pay off our debts. We all voted for this debt, so we all should pay for it.
Since the wealthy fund most of our spending, maybe it's time the rest of us helped out. Let's say a ten cent on the dollar consumption tax. Everything you buy, you have to pay 10% more to help pay off our debt.
When you rob Peter to pay Paul, the Paul's in your society generally have no objection. If everybody had a dog in the race, perhaps people would be less likely to approve of the ridiculous spending that happens year after year.
I don't care if they add a Federal Sales Tax to fund things, as long as the wealthy can't get around it by buying overseas or some other loop-hole.
Correct, why look at what they are getting away with using all those tax loopholes they have now:
Top 20% of Americans Will Pay 87% of Income Tax
The top 1% own more wealth than the bottom 90%, so why wouldn't they pay 90% of the taxes?
percent of wealth owned by the top 1% US - Google Search
Currently, the richest 1% hold about 38% of all privately held wealth in the United States. while the bottom 90% held 73% of all debt. According to The New York Times, the richest 1 percent in the United States now own more wealth than the bottom 90 percent.
The top 1% own more wealth than the bottom 90%, so why wouldn't they pay 90% of the taxes?
That us because the top 10% control 76% of the wealth and rising.The days of past practices may soon be over. The dems "soaking the rich" and having them move accounts to Switzerland or other tax havens, and the GOP cutting taxes expecting the lower 2/3 of incomes to pay the wealthy's way never worked. Soon the Debt and interest on the Debt will crash everything, so unless the DC coxuckers figure it out soon the Chinese will be the new and only super-power.
2020 may not be the cycle when the economy crashes, but Medicare is scheduled to be bankrupt in 2024, and social security in 2034, so things will start to happen in the next cycle or two. Who will be to blame? Both parties.
If it were up to me, we would have a consumption tax to pay off our debts. We all voted for this debt, so we all should pay for it.
Since the wealthy fund most of our spending, maybe it's time the rest of us helped out. Let's say a ten cent on the dollar consumption tax. Everything you buy, you have to pay 10% more to help pay off our debt.
When you rob Peter to pay Paul, the Paul's in your society generally have no objection. If everybody had a dog in the race, perhaps people would be less likely to approve of the ridiculous spending that happens year after year.
I don't care if they add a Federal Sales Tax to fund things, as long as the wealthy can't get around it by buying overseas or some other loop-hole.
Correct, why look at what they are getting away with using all those tax loopholes they have now:
Top 20% of Americans Will Pay 87% of Income Tax
Can you name a single thing the republican congress has done to help the economy?
Why? Please be very detailed with your answer.House Democrat's can finish off Republicans in both the Senate and House of Rep's and take back rhe White House opening an opportunity to pack federal courts, including the Supreme Court with overwhelming liberal judges.
Tax reform can change America in one masterful plan. All the House must do is propose large tax cuts for the middle and lower tax brackets and eliminate all the breaks and loopholes going to the super high upper-income folks and obscenely rich. America will love the plan and flock to the voting polls.
Works on the assumption that Americans are smart enough to understand the tax legislation when most of us can't even figure out how to fill out our own 1040's.
All that said, what happens in 2020 will depend on a couple of things.
1) The state of the economy.. If the economy is still where it's at now, Trump will probably be re-elected. He might even be legitimately elected this time without help from the Anachronistic College or the Russians. If the economy is in the shitter, he's toast.
2) Do conservatives - real conservatives - mount a challenge to Trump in the primaries or in a third party.
3) Do the Democrats find a good candidate this time. My biggest worry about 2020 is that the Bernie Bros manage to bully some nut into the nomination.... proposing a lot of crazy stuff Americans just won't go for.
Democrats will blow their opportunity, it's inevitable..
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