Middle Class Tax Cut

[g5000]

Tax cuts and deficit spending is using borrowed money.
Putting $23T on the credit card is going to be a disaster in a few years when the interest rates climb.
I'd rather see a balanced budget amendment than keep adding to the Debt.
I'd support a 3% federal sales tax, aka a VAT to pay as we go.

How about just spending less money?

Spend less money? Great idea. The problem is where do you cut. Here's the Budget. please tell me where you'd cut at least $1,000,000,000,000 ($one trillion). I recommend an audit by another "Grace Commission" and to actually follow their recommendations.
A. Hire another "Grace Commission" to audit and fix the Federal budget deficit

B. B. Cut Spending: [CUT $625b a year]
1. Cut defense to 2017 levels of $600b until the Debt is reduced, saving $150b
2. Cut foreign aid $55b (until Debt is paid we can't borrow to give money away)
3. Cut Welfare $200b & Medicaid $200b (about half)
4. Cut education $20b (state responsibility)

US Government Defense Spending History with Charts - a www.usgovernmentspending.com briefing
Current US Defense Spending:
Year Military Veterans Foreign Aid Total Defense
2017 $598.70 billion $178.00 billion $46.30 billion $823.00 billion
2018 $631.20 billion $180.40 billion $49.00 billion $860.50 billion
2019 $684.60 billion $202.10 billion $54.30 billion $941.00 billion
2020 $737.90 billion $219.20 billion $53.10 billion $1.00 trillion

C. To cover the $900b budget deficit the following taxes need to be raised:
1. Raise the top tax rate about 7% above 2016 levels +$400b
2. Implement a new 3% Fed sales tax +$400b
3. Implement a new transaction tax on all stocks & bonds Impose a Tax on Financial Transactions | Congressional Budget Office +$100b
4. Implement a new remittances tax/fee on all money sent out of the US https://www.americanthinker.com/articles/2018/05/tax_remittances_can_build_the_wall.html 2% of $140b is +$3b a year

D. Reform entitlements, Medicare & Social Security, currently projected to be insolvent:

Where can we cut spending, you say?

Glad you asked!


1. Eliminate all tax expenditures. This alone would save $1.4 trillion a year, providing a surplus. Then we can cut tax rates for everyone and pay down the debt. Once the debt is paid off, we can lower tax rates even more. Added bonus: Entities earning identical incomes would pay identical taxes! Extra added bonus: Special interests would no longer be able to bribe politicians to put tax expenditures in the tax code, thus removing the incentive to bribe them. Instant campaign finance reform.


2. Raise the Social Security and Medicare eligibility age to 70, and index to 9 percent of the population going forward. We are living DECADES longer than our ancestors. We should be working longer. Common sense.


It's very, very simple to balance the budget, lower tax rates, and pay off the debt. But our crooked politicians have the gullible rubes' attention getting all hot and bothered about Mexicans.

 

[francoHFW]

https://www.google.com/amp/s/www.washingtonpost.com/business/2019/11/12/trump-advisers-exploring-tax-proposal-that-would-lower-middle-class-rate-percent/?outputType=amp

Predictably, the Liberals are going to trash, tear, and smear this plan. But, it’s not like they are coming to the table with a plan to cut spending or an alternative to help the Middle Class besides expanding the criteria of “the wealthy” to include a good chunk of the Middle Class.

Bologna. Actually Democrats want to raise taxes on the rich so we can invest in American infrastructure and Americans for a change. The worst inequality and upward Mobility ever means something, brainwashed functional moron. And Democrats want a tax cut for the middle class along with that. If you count all taxes we have a flat tax system which is a gigantic giveaway to the rich and a screw job for everyone else. For 30 years now. Google the only tax graph you need to know super duper.

 

[g5000]

Democrats: Tax and spend

Republicans: Borrow and spend


"Gimme gimme gimme, and make that guy over there pay for it."

The hilarious thing is that pseuedocons don't see themselves as asking for a hand out. Just negroes and Mexicans. When the truth is EVERYONE has their hand out.

 

[g5000]

The rube herd will fall for Kudlow's 15 percent tax rate. They will drink the Kool-Aid.

As for me, you better show me the $2 trillion budget that goes with it or you can just fuck off and die.

Trump Proposes a Record $4.75 Trillion Budget

 

[francoHFW]

Tax cuts and deficit spending is using borrowed money.
Putting $23T on the credit card is going to be a disaster in a few years when the interest rates climb.
I'd rather see a balanced budget amendment than keep adding to the Debt.
I'd support a 3% federal sales tax, aka a VAT to pay as we go.

How about just spending less money?

Spend less money? Great idea. The problem is where do you cut. Here's the Budget. please tell me where you'd cut at least $1,000,000,000,000 ($one trillion). I recommend an audit by another "Grace Commission" and to actually follow their recommendations.
A. Hire another "Grace Commission" to audit and fix the Federal budget deficit

B. B. Cut Spending: [CUT $625b a year]
1. Cut defense to 2017 levels of $600b until the Debt is reduced, saving $150b
2. Cut foreign aid $55b (until Debt is paid we can't borrow to give money away)
3. Cut Welfare $200b & Medicaid $200b (about half)
4. Cut education $20b (state responsibility)

US Government Defense Spending History with Charts - a www.usgovernmentspending.com briefing
Current US Defense Spending:
Year Military Veterans Foreign Aid Total Defense
2017 $598.70 billion $178.00 billion $46.30 billion $823.00 billion
2018 $631.20 billion $180.40 billion $49.00 billion $860.50 billion
2019 $684.60 billion $202.10 billion $54.30 billion $941.00 billion
2020 $737.90 billion $219.20 billion $53.10 billion $1.00 trillion

C. To cover the $900b budget deficit the following taxes need to be raised:
1. Raise the top tax rate about 7% above 2016 levels +$400b
2. Implement a new 3% Fed sales tax +$400b
3. Implement a new transaction tax on all stocks & bonds Impose a Tax on Financial Transactions | Congressional Budget Office +$100b
4. Implement a new remittances tax/fee on all money sent out of the US https://www.americanthinker.com/articles/2018/05/tax_remittances_can_build_the_wall.html 2% of $140b is +$3b a year

D. Reform entitlements, Medicare & Social Security, currently projected to be insolvent:

Where can we cut spending, you say?

Glad you asked!


1. Eliminate all tax expenditures. This alone would save $1.4 trillion a year, providing a surplus. Then we can cut tax rates for everyone and pay down the debt. Once the debt is paid off, we can lower tax rates even more. Added bonus: Entities earning identical incomes would pay identical taxes! Extra added bonus: Special interests would no longer be able to bribe politicians to put tax expenditures in the tax code, thus removing the incentive to bribe them. Instant campaign finance reform.


2. Raise the Social Security and Medicare eligibility age to 70, and index to 9 percent of the population going forward. We are living DECADES longer than our ancestors. We should be working longer. Common sense.


It's very, very simple to balance the budget, lower tax rates, and pay off the debt. But our crooked politicians have you gullible rubes' attention getting all hot and bothered about Mexicans.

Unfortunately what the country is dying for is spending on infrastructure and benefits for the non rich like cheaper college and training and Healthcare etc. also some kind of ID card with a computer chip would end illegal immigration like other countries have. The GOP Loves this wedge issue and won't do anything about it except bologna LOL

 

[francoHFW]

Tax cuts and deficit spending is using borrowed money.
Putting $23T on the credit card is going to be a disaster in a few years when the interest rates climb.
I'd rather see a balanced budget amendment than keep adding to the Debt.
I'd support a 3% federal sales tax, aka a VAT to pay as we go.

How about just spending less money?

On what?

All welfare, subsidies, bailouts, entitlements, grants and foreign aid.

Get rid of about 2/3rds of the filthy agencies that don't do a damn thing of value.

Stop spending federal money on education.

Do away with the Departments of Energy, HUD and half a dozen more.

Ron Paul came up with a great plan in 2011 to cut Federal spending a trillion a year and still keep Social Security, Medicare and Defense spending. Hell, he even included some welfare in it.

Ron Paul's Plan to Cut the Deficit, End Parts of the Government

Ron Paul's Plan to Cut the Deficit, End Parts of the Government

Some highlights of Paul's plan:

• Cuts $902 billion in spending during the first year of a Paul presidency compared to current spending levels, or $981 billion compared to President Obama's budget request

• Eliminates five federal departments: Energy, Housing and Urban Development, Commerce, Interior, and Education

• Lowers the corporate tax rate to 15 percent

• Makes a 10 percent reduction in the federal workforce

• Eliminates all U.S. foreign aid

• Allows younger citizens to opt out of Social Security

• Converts the federal Medicaid program into block-grants distributed to states

• Over its first four years, Paul's plan would cut over $4.1 trillion in spending while bringing in $2.9 trillion less revenue, reducing the projected deficit by $783 billion according to the Paul campaign's own comparison to the Congressional Budget Office's baseline projections of current spending levels

Here is Paul's complete plan to Restore America. That plan is a great start to get back to fiscal responsibility and to start working on the debt.

http://c3244172.r72.cf0.rackcdn.com/wp-content/uploads/2011/10/RestoreAmericaPlan.pdf

Yes yes back to poor houses and Potter's fields... Who needs civilization!?

 

[Flash]

Tax cuts and deficit spending is using borrowed money.
Putting $23T on the credit card is going to be a disaster in a few years when the interest rates climb.
I'd rather see a balanced budget amendment than keep adding to the Debt.
I'd support a 3% federal sales tax, aka a VAT to pay as we go.

How about just spending less money?

Spend less money? Great idea. The problem is where do you cut. Here's the Budget. please tell me where you'd cut at least $1,000,000,000,000 ($one trillion). I recommend an audit by another "Grace Commission" and to actually follow their recommendations.
A. Hire another "Grace Commission" to audit and fix the Federal budget deficit

B. B. Cut Spending: [CUT $625b a year]
1. Cut defense to 2017 levels of $600b until the Debt is reduced, saving $150b
2. Cut foreign aid $55b (until Debt is paid we can't borrow to give money away)
3. Cut Welfare $200b & Medicaid $200b (about half)
4. Cut education $20b (state responsibility)

US Government Defense Spending History with Charts - a www.usgovernmentspending.com briefing
Current US Defense Spending:
Year Military Veterans Foreign Aid Total Defense
2017 $598.70 billion $178.00 billion $46.30 billion $823.00 billion
2018 $631.20 billion $180.40 billion $49.00 billion $860.50 billion
2019 $684.60 billion $202.10 billion $54.30 billion $941.00 billion
2020 $737.90 billion $219.20 billion $53.10 billion $1.00 trillion

C. To cover the $900b budget deficit the following taxes need to be raised:
1. Raise the top tax rate about 7% above 2016 levels +$400b
2. Implement a new 3% Fed sales tax +$400b
3. Implement a new transaction tax on all stocks & bonds Impose a Tax on Financial Transactions | Congressional Budget Office +$100b
4. Implement a new remittances tax/fee on all money sent out of the US https://www.americanthinker.com/articles/2018/05/tax_remittances_can_build_the_wall.html 2% of $140b is +$3b a year

D. Reform entitlements, Medicare & Social Security, currently projected to be insolvent:

Where can we cut spending, you say?

Glad you asked!


1. Eliminate all tax expenditures. This alone would save $1.4 trillion a year, providing a surplus. Then we can cut tax rates for everyone and pay down the debt. Once the debt is paid off, we can lower tax rates even more. Added bonus: Entities earning identical incomes would pay identical taxes! Extra added bonus: Special interests would no longer be able to bribe politicians to put tax expenditures in the tax code, thus removing the incentive to bribe them. Instant campaign finance reform.


2. Raise the Social Security and Medicare eligibility age to 70, and index to 9 percent of the population going forward. We are living DECADES longer than our ancestors. We should be working longer. Common sense.


It's very, very simple to balance the budget, lower tax rates, and pay off the debt. But our crooked politicians have the gullible rubes' attention getting all hot and bothered about Mexicans.

How about just stop spending so much money at the federal level? That is a good, plan isn't it?

The US spends almost 40% of the GDP on the combined (fed, state and local) cost of government. That amounts to more than the GDP of all but a small handful of countries on earth (like three or four). Tremendous waste and a tremendous burden on our productive economy.

The total cost of government in the US needs to be about 15% of GDP, which is still a tremendous amount of money.

We would all benefit from that. The filthy ass Democrats wouldn't have their welfare slave plantation voting block and we wouldn't have so many people sucking on the teat of government but we would all be better off.

 

[Flash]

Tax cuts and deficit spending is using borrowed money.
Putting $23T on the credit card is going to be a disaster in a few years when the interest rates climb.
I'd rather see a balanced budget amendment than keep adding to the Debt.
I'd support a 3% federal sales tax, aka a VAT to pay as we go.

How about just spending less money?

On what?

All welfare, subsidies, bailouts, entitlements, grants and foreign aid.

Get rid of about 2/3rds of the filthy agencies that don't do a damn thing of value.

Stop spending federal money on education.

Do away with the Departments of Energy, HUD and half a dozen more.

Ron Paul came up with a great plan in 2011 to cut Federal spending a trillion a year and still keep Social Security, Medicare and Defense spending. Hell, he even included some welfare in it.

Ron Paul's Plan to Cut the Deficit, End Parts of the Government

Ron Paul's Plan to Cut the Deficit, End Parts of the Government

Some highlights of Paul's plan:

• Cuts $902 billion in spending during the first year of a Paul presidency compared to current spending levels, or $981 billion compared to President Obama's budget request

• Eliminates five federal departments: Energy, Housing and Urban Development, Commerce, Interior, and Education

• Lowers the corporate tax rate to 15 percent

• Makes a 10 percent reduction in the federal workforce

• Eliminates all U.S. foreign aid

• Allows younger citizens to opt out of Social Security

• Converts the federal Medicaid program into block-grants distributed to states

• Over its first four years, Paul's plan would cut over $4.1 trillion in spending while bringing in $2.9 trillion less revenue, reducing the projected deficit by $783 billion according to the Paul campaign's own comparison to the Congressional Budget Office's baseline projections of current spending levels

Here is Paul's complete plan to Restore America. That plan is a great start to get back to fiscal responsibility and to start working on the debt.

http://c3244172.r72.cf0.rackcdn.com/wp-content/uploads/2011/10/RestoreAmericaPlan.pdf

Yes yes back to poor houses and Potter's fields... Who needs civilization!?

Yea right Moon Bat. Having less government and less taxes and reduced debt is going to put people in the poor house.

If you are dependent upon the filthy ass government to steal money from other people to give to you so that you aren't in the poor house then you are one sorry asshole, aren't you?

 

[francoHFW]

Tax cuts and deficit spending is using borrowed money.
Putting $23T on the credit card is going to be a disaster in a few years when the interest rates climb.
I'd rather see a balanced budget amendment than keep adding to the Debt.
I'd support a 3% federal sales tax, aka a VAT to pay as we go.

How about just spending less money?

Spend less money? Great idea. The problem is where do you cut. Here's the Budget. please tell me where you'd cut at least $1,000,000,000,000 ($one trillion). I recommend an audit by another "Grace Commission" and to actually follow their recommendations.
A. Hire another "Grace Commission" to audit and fix the Federal budget deficit

B. B. Cut Spending: [CUT $625b a year]
1. Cut defense to 2017 levels of $600b until the Debt is reduced, saving $150b
2. Cut foreign aid $55b (until Debt is paid we can't borrow to give money away)
3. Cut Welfare $200b & Medicaid $200b (about half)
4. Cut education $20b (state responsibility)

US Government Defense Spending History with Charts - a www.usgovernmentspending.com briefing
Current US Defense Spending:
Year Military Veterans Foreign Aid Total Defense
2017 $598.70 billion $178.00 billion $46.30 billion $823.00 billion
2018 $631.20 billion $180.40 billion $49.00 billion $860.50 billion
2019 $684.60 billion $202.10 billion $54.30 billion $941.00 billion
2020 $737.90 billion $219.20 billion $53.10 billion $1.00 trillion

C. To cover the $900b budget deficit the following taxes need to be raised:
1. Raise the top tax rate about 7% above 2016 levels +$400b
2. Implement a new 3% Fed sales tax +$400b
3. Implement a new transaction tax on all stocks & bonds Impose a Tax on Financial Transactions | Congressional Budget Office +$100b
4. Implement a new remittances tax/fee on all money sent out of the US https://www.americanthinker.com/articles/2018/05/tax_remittances_can_build_the_wall.html 2% of $140b is +$3b a year

D. Reform entitlements, Medicare & Social Security, currently projected to be insolvent:

Where can we cut spending, you say?

Glad you asked!


1. Eliminate all tax expenditures. This alone would save $1.4 trillion a year, providing a surplus. Then we can cut tax rates for everyone and pay down the debt. Once the debt is paid off, we can lower tax rates even more. Added bonus: Entities earning identical incomes would pay identical taxes! Extra added bonus: Special interests would no longer be able to bribe politicians to put tax expenditures in the tax code, thus removing the incentive to bribe them. Instant campaign finance reform.


2. Raise the Social Security and Medicare eligibility age to 70, and index to 9 percent of the population going forward. We are living DECADES longer than our ancestors. We should be working longer. Common sense.


It's very, very simple to balance the budget, lower tax rates, and pay off the debt. But our crooked politicians have the gullible rubes' attention getting all hot and bothered about Mexicans.

How about just stop spending so much money at the federal level? That is a good, plan isn't it?

The US spends almost 40% of the GDP on the combined (fed, state and local) cost of government. That amounts to more than the GDP of all but a small handful of countries on earth (like three or four). Tremendous waste and a tremendous burden on our productive economy.

The total cost of government in the US needs to be about 15% of GDP, which is still a tremendous amount of money.

We would all benefit from that. The filthy ass Democrats wouldn't have their welfare slave plantation voting block and we wouldn't have so many people sucking on the teat of government but we would all be better off.

All that crap was tried before. It doesn't work except for the super rich. Read about the gilded age and what the roaring twenties gave us. Absolute idiocy. If you don't know history you are doomed to repeat it. Check out every other modern country go. Fair democratic capitalism with a good safety net.... Known as socialism except in Cold War dinosaur GOP America. But that's changing. Thank you Bernie.

 

[Flash]

Tax cuts and deficit spending is using borrowed money.
Putting $23T on the credit card is going to be a disaster in a few years when the interest rates climb.
I'd rather see a balanced budget amendment than keep adding to the Debt.
I'd support a 3% federal sales tax, aka a VAT to pay as we go.

How about just spending less money?

Spend less money? Great idea. The problem is where do you cut. Here's the Budget. please tell me where you'd cut at least $1,000,000,000,000 ($one trillion). I recommend an audit by another "Grace Commission" and to actually follow their recommendations.
A. Hire another "Grace Commission" to audit and fix the Federal budget deficit

B. B. Cut Spending: [CUT $625b a year]
1. Cut defense to 2017 levels of $600b until the Debt is reduced, saving $150b
2. Cut foreign aid $55b (until Debt is paid we can't borrow to give money away)
3. Cut Welfare $200b & Medicaid $200b (about half)
4. Cut education $20b (state responsibility)

US Government Defense Spending History with Charts - a www.usgovernmentspending.com briefing
Current US Defense Spending:
Year Military Veterans Foreign Aid Total Defense
2017 $598.70 billion $178.00 billion $46.30 billion $823.00 billion
2018 $631.20 billion $180.40 billion $49.00 billion $860.50 billion
2019 $684.60 billion $202.10 billion $54.30 billion $941.00 billion
2020 $737.90 billion $219.20 billion $53.10 billion $1.00 trillion

C. To cover the $900b budget deficit the following taxes need to be raised:
1. Raise the top tax rate about 7% above 2016 levels +$400b
2. Implement a new 3% Fed sales tax +$400b
3. Implement a new transaction tax on all stocks & bonds Impose a Tax on Financial Transactions | Congressional Budget Office +$100b
4. Implement a new remittances tax/fee on all money sent out of the US https://www.americanthinker.com/articles/2018/05/tax_remittances_can_build_the_wall.html 2% of $140b is +$3b a year

D. Reform entitlements, Medicare & Social Security, currently projected to be insolvent:

Where can we cut spending, you say?

Glad you asked!


1. Eliminate all tax expenditures. This alone would save $1.4 trillion a year, providing a surplus. Then we can cut tax rates for everyone and pay down the debt. Once the debt is paid off, we can lower tax rates even more. Added bonus: Entities earning identical incomes would pay identical taxes! Extra added bonus: Special interests would no longer be able to bribe politicians to put tax expenditures in the tax code, thus removing the incentive to bribe them. Instant campaign finance reform.


2. Raise the Social Security and Medicare eligibility age to 70, and index to 9 percent of the population going forward. We are living DECADES longer than our ancestors. We should be working longer. Common sense.


It's very, very simple to balance the budget, lower tax rates, and pay off the debt. But our crooked politicians have you gullible rubes' attention getting all hot and bothered about Mexicans.

Unfortunately what the country is dying for is spending on infrastructure and benefits for the non rich like cheaper college and training and Healthcare etc. also some kind of ID card with a computer chip would end illegal immigration like other countries have. The GOP Loves this wedge issue and won't do anything about it except bologna LOL

The filthy Democrats are so hell bent on their TDS afflicted impeachment inquiry that the assholes can't come up with an infrastructure bill that Trump said he would support.

If you want infrastructure then you should apologize for voting for those Democrat shitheads in the House that won't get off their fat TDS afflicted asses and pass a bill.

 

[g5000]

Tax cuts and deficit spending is using borrowed money.
Putting $23T on the credit card is going to be a disaster in a few years when the interest rates climb.
I'd rather see a balanced budget amendment than keep adding to the Debt.
I'd support a 3% federal sales tax, aka a VAT to pay as we go.

How about just spending less money?

Spend less money? Great idea. The problem is where do you cut. Here's the Budget. please tell me where you'd cut at least $1,000,000,000,000 ($one trillion). I recommend an audit by another "Grace Commission" and to actually follow their recommendations.
A. Hire another "Grace Commission" to audit and fix the Federal budget deficit

B. B. Cut Spending: [CUT $625b a year]
1. Cut defense to 2017 levels of $600b until the Debt is reduced, saving $150b
2. Cut foreign aid $55b (until Debt is paid we can't borrow to give money away)
3. Cut Welfare $200b & Medicaid $200b (about half)
4. Cut education $20b (state responsibility)

US Government Defense Spending History with Charts - a www.usgovernmentspending.com briefing
Current US Defense Spending:
Year Military Veterans Foreign Aid Total Defense
2017 $598.70 billion $178.00 billion $46.30 billion $823.00 billion
2018 $631.20 billion $180.40 billion $49.00 billion $860.50 billion
2019 $684.60 billion $202.10 billion $54.30 billion $941.00 billion
2020 $737.90 billion $219.20 billion $53.10 billion $1.00 trillion

C. To cover the $900b budget deficit the following taxes need to be raised:
1. Raise the top tax rate about 7% above 2016 levels +$400b
2. Implement a new 3% Fed sales tax +$400b
3. Implement a new transaction tax on all stocks & bonds Impose a Tax on Financial Transactions | Congressional Budget Office +$100b
4. Implement a new remittances tax/fee on all money sent out of the US https://www.americanthinker.com/articles/2018/05/tax_remittances_can_build_the_wall.html 2% of $140b is +$3b a year

D. Reform entitlements, Medicare & Social Security, currently projected to be insolvent:

Where can we cut spending, you say?

Glad you asked!


1. Eliminate all tax expenditures. This alone would save $1.4 trillion a year, providing a surplus. Then we can cut tax rates for everyone and pay down the debt. Once the debt is paid off, we can lower tax rates even more. Added bonus: Entities earning identical incomes would pay identical taxes! Extra added bonus: Special interests would no longer be able to bribe politicians to put tax expenditures in the tax code, thus removing the incentive to bribe them. Instant campaign finance reform.


2. Raise the Social Security and Medicare eligibility age to 70, and index to 9 percent of the population going forward. We are living DECADES longer than our ancestors. We should be working longer. Common sense.


It's very, very simple to balance the budget, lower tax rates, and pay off the debt. But our crooked politicians have the gullible rubes' attention getting all hot and bothered about Mexicans.

How about just stop spending so much money at the federal level? That is a good, plan isn't it?

That's number 1 in my post! Didn't you read it?

 

[g5000]

Tax cuts and deficit spending is using borrowed money.
Putting $23T on the credit card is going to be a disaster in a few years when the interest rates climb.
I'd rather see a balanced budget amendment than keep adding to the Debt.
I'd support a 3% federal sales tax, aka a VAT to pay as we go.

How about just spending less money?

Spend less money? Great idea. The problem is where do you cut. Here's the Budget. please tell me where you'd cut at least $1,000,000,000,000 ($one trillion). I recommend an audit by another "Grace Commission" and to actually follow their recommendations.
A. Hire another "Grace Commission" to audit and fix the Federal budget deficit

B. B. Cut Spending: [CUT $625b a year]
1. Cut defense to 2017 levels of $600b until the Debt is reduced, saving $150b
2. Cut foreign aid $55b (until Debt is paid we can't borrow to give money away)
3. Cut Welfare $200b & Medicaid $200b (about half)
4. Cut education $20b (state responsibility)

US Government Defense Spending History with Charts - a www.usgovernmentspending.com briefing
Current US Defense Spending:
Year Military Veterans Foreign Aid Total Defense
2017 $598.70 billion $178.00 billion $46.30 billion $823.00 billion
2018 $631.20 billion $180.40 billion $49.00 billion $860.50 billion
2019 $684.60 billion $202.10 billion $54.30 billion $941.00 billion
2020 $737.90 billion $219.20 billion $53.10 billion $1.00 trillion

C. To cover the $900b budget deficit the following taxes need to be raised:
1. Raise the top tax rate about 7% above 2016 levels +$400b
2. Implement a new 3% Fed sales tax +$400b
3. Implement a new transaction tax on all stocks & bonds Impose a Tax on Financial Transactions | Congressional Budget Office +$100b
4. Implement a new remittances tax/fee on all money sent out of the US https://www.americanthinker.com/articles/2018/05/tax_remittances_can_build_the_wall.html 2% of $140b is +$3b a year

D. Reform entitlements, Medicare & Social Security, currently projected to be insolvent:

Where can we cut spending, you say?

Glad you asked!


1. Eliminate all tax expenditures. This alone would save $1.4 trillion a year, providing a surplus. Then we can cut tax rates for everyone and pay down the debt. Once the debt is paid off, we can lower tax rates even more. Added bonus: Entities earning identical incomes would pay identical taxes! Extra added bonus: Special interests would no longer be able to bribe politicians to put tax expenditures in the tax code, thus removing the incentive to bribe them. Instant campaign finance reform.


2. Raise the Social Security and Medicare eligibility age to 70, and index to 9 percent of the population going forward. We are living DECADES longer than our ancestors. We should be working longer. Common sense.


It's very, very simple to balance the budget, lower tax rates, and pay off the debt. But our crooked politicians have you gullible rubes' attention getting all hot and bothered about Mexicans.

Unfortunately what the country is dying for is spending on infrastructure and benefits for the non rich like cheaper college and training and Healthcare etc. also some kind of ID card with a computer chip would end illegal immigration like other countries have. The GOP Loves this wedge issue and won't do anything about it except bologna LOL

The filthy Democrats are so hell bent on their TDS afflicted impeachment inquiry that the assholes can't come up with an infrastructure bill that Trump said he would support.

If you want infrastructure then you should apologize for voting for those Democrat shitheads in the House that won't get off their fat TDS afflicted asses and pass a bill.

Trump's complaints about Democrats stopping his agenda are BS since he had full control for two years. He can never take responsibility.

 

[Flash]

Tax cuts and deficit spending is using borrowed money.
Putting $23T on the credit card is going to be a disaster in a few years when the interest rates climb.
I'd rather see a balanced budget amendment than keep adding to the Debt.
I'd support a 3% federal sales tax, aka a VAT to pay as we go.

How about just spending less money?

Spend less money? Great idea. The problem is where do you cut. Here's the Budget. please tell me where you'd cut at least $1,000,000,000,000 ($one trillion). I recommend an audit by another "Grace Commission" and to actually follow their recommendations.
A. Hire another "Grace Commission" to audit and fix the Federal budget deficit

B. B. Cut Spending: [CUT $625b a year]
1. Cut defense to 2017 levels of $600b until the Debt is reduced, saving $150b
2. Cut foreign aid $55b (until Debt is paid we can't borrow to give money away)
3. Cut Welfare $200b & Medicaid $200b (about half)
4. Cut education $20b (state responsibility)

US Government Defense Spending History with Charts - a www.usgovernmentspending.com briefing
Current US Defense Spending:
Year Military Veterans Foreign Aid Total Defense
2017 $598.70 billion $178.00 billion $46.30 billion $823.00 billion
2018 $631.20 billion $180.40 billion $49.00 billion $860.50 billion
2019 $684.60 billion $202.10 billion $54.30 billion $941.00 billion
2020 $737.90 billion $219.20 billion $53.10 billion $1.00 trillion

C. To cover the $900b budget deficit the following taxes need to be raised:
1. Raise the top tax rate about 7% above 2016 levels +$400b
2. Implement a new 3% Fed sales tax +$400b
3. Implement a new transaction tax on all stocks & bonds Impose a Tax on Financial Transactions | Congressional Budget Office +$100b
4. Implement a new remittances tax/fee on all money sent out of the US https://www.americanthinker.com/articles/2018/05/tax_remittances_can_build_the_wall.html 2% of $140b is +$3b a year

D. Reform entitlements, Medicare & Social Security, currently projected to be insolvent:

Where can we cut spending, you say?

Glad you asked!


1. Eliminate all tax expenditures. This alone would save $1.4 trillion a year, providing a surplus. Then we can cut tax rates for everyone and pay down the debt. Once the debt is paid off, we can lower tax rates even more. Added bonus: Entities earning identical incomes would pay identical taxes! Extra added bonus: Special interests would no longer be able to bribe politicians to put tax expenditures in the tax code, thus removing the incentive to bribe them. Instant campaign finance reform.


2. Raise the Social Security and Medicare eligibility age to 70, and index to 9 percent of the population going forward. We are living DECADES longer than our ancestors. We should be working longer. Common sense.


It's very, very simple to balance the budget, lower tax rates, and pay off the debt. But our crooked politicians have the gullible rubes' attention getting all hot and bothered about Mexicans.

How about just stop spending so much money at the federal level? That is a good, plan isn't it?

The US spends almost 40% of the GDP on the combined (fed, state and local) cost of government. That amounts to more than the GDP of all but a small handful of countries on earth (like three or four). Tremendous waste and a tremendous burden on our productive economy.

The total cost of government in the US needs to be about 15% of GDP, which is still a tremendous amount of money.

We would all benefit from that. The filthy ass Democrats wouldn't have their welfare slave plantation voting block and we wouldn't have so many people sucking on the teat of government but we would all be better off.

All that crap was tried before. It doesn't work except for the super rich. Read about the gilded age and what the roaring twenties gave us. Absolute idiocy. If you don't know history you are doomed to repeat it. Check out every other modern country go. Fair democratic capitalism with a good safety net.... Known as socialism accepting Cold War dinosaur GOP America. But that's changing. Thank you Bernie.

How are you going to be put in the poor house if the filthy Federal government stops spending billions of dollars on that stupid Department of Education that is nothing more a cash cow of the teacher's unions?

The US spends more money on education at the Federal level than any other country on earth and we are ranked about 20th in education.

Back before we had a Department of Education we were ranked first.

 

[francoHFW]

Tax cuts and deficit spending is using borrowed money.
Putting $23T on the credit card is going to be a disaster in a few years when the interest rates climb.
I'd rather see a balanced budget amendment than keep adding to the Debt.
I'd support a 3% federal sales tax, aka a VAT to pay as we go.

How about just spending less money?

Spend less money? Great idea. The problem is where do you cut. Here's the Budget. please tell me where you'd cut at least $1,000,000,000,000 ($one trillion). I recommend an audit by another "Grace Commission" and to actually follow their recommendations.
A. Hire another "Grace Commission" to audit and fix the Federal budget deficit

B. B. Cut Spending: [CUT $625b a year]
1. Cut defense to 2017 levels of $600b until the Debt is reduced, saving $150b
2. Cut foreign aid $55b (until Debt is paid we can't borrow to give money away)
3. Cut Welfare $200b & Medicaid $200b (about half)
4. Cut education $20b (state responsibility)

US Government Defense Spending History with Charts - a www.usgovernmentspending.com briefing
Current US Defense Spending:
Year Military Veterans Foreign Aid Total Defense
2017 $598.70 billion $178.00 billion $46.30 billion $823.00 billion
2018 $631.20 billion $180.40 billion $49.00 billion $860.50 billion
2019 $684.60 billion $202.10 billion $54.30 billion $941.00 billion
2020 $737.90 billion $219.20 billion $53.10 billion $1.00 trillion

C. To cover the $900b budget deficit the following taxes need to be raised:
1. Raise the top tax rate about 7% above 2016 levels +$400b
2. Implement a new 3% Fed sales tax +$400b
3. Implement a new transaction tax on all stocks & bonds Impose a Tax on Financial Transactions | Congressional Budget Office +$100b
4. Implement a new remittances tax/fee on all money sent out of the US https://www.americanthinker.com/articles/2018/05/tax_remittances_can_build_the_wall.html 2% of $140b is +$3b a year

D. Reform entitlements, Medicare & Social Security, currently projected to be insolvent:

Where can we cut spending, you say?

Glad you asked!


1. Eliminate all tax expenditures. This alone would save $1.4 trillion a year, providing a surplus. Then we can cut tax rates for everyone and pay down the debt. Once the debt is paid off, we can lower tax rates even more. Added bonus: Entities earning identical incomes would pay identical taxes! Extra added bonus: Special interests would no longer be able to bribe politicians to put tax expenditures in the tax code, thus removing the incentive to bribe them. Instant campaign finance reform.


2. Raise the Social Security and Medicare eligibility age to 70, and index to 9 percent of the population going forward. We are living DECADES longer than our ancestors. We should be working longer. Common sense.


It's very, very simple to balance the budget, lower tax rates, and pay off the debt. But our crooked politicians have the gullible rubes' attention getting all hot and bothered about Mexicans.

How about just stop spending so much money at the federal level? That is a good, plan isn't it?

The US spends almost 40% of the GDP on the combined (fed, state and local) cost of government. That amounts to more than the GDP of all but a small handful of countries on earth (like three or four). Tremendous waste and a tremendous burden on our productive economy.

The total cost of government in the US needs to be about 15% of GDP, which is still a tremendous amount of money.

We would all benefit from that. The filthy ass Democrats wouldn't have their welfare slave plantation voting block and we wouldn't have so many people sucking on the teat of government but we would all be better off.

All that crap was tried before. It doesn't work except for the super rich. Read about the gilded age and what the roaring twenties gave us. Absolute idiocy. If you don't know history you are doomed to repeat it. Check out every other modern country go. Fair democratic capitalism with a good safety net.... Known as socialism except in Cold War dinosaur GOP America. But that's changing. Thank you Bernie.

Tax cuts and deficit spending is using borrowed money.
Putting $23T on the credit card is going to be a disaster in a few years when the interest rates climb.
I'd rather see a balanced budget amendment than keep adding to the Debt.
I'd support a 3% federal sales tax, aka a VAT to pay as we go.

How about just spending less money?

On what?

All welfare, subsidies, bailouts, entitlements, grants and foreign aid.

Get rid of about 2/3rds of the filthy agencies that don't do a damn thing of value.

Stop spending federal money on education.

Do away with the Departments of Energy, HUD and half a dozen more.

Ron Paul came up with a great plan in 2011 to cut Federal spending a trillion a year and still keep Social Security, Medicare and Defense spending. Hell, he even included some welfare in it.

Ron Paul's Plan to Cut the Deficit, End Parts of the Government

Ron Paul's Plan to Cut the Deficit, End Parts of the Government

Some highlights of Paul's plan:

• Cuts $902 billion in spending during the first year of a Paul presidency compared to current spending levels, or $981 billion compared to President Obama's budget request

• Eliminates five federal departments: Energy, Housing and Urban Development, Commerce, Interior, and Education

• Lowers the corporate tax rate to 15 percent

• Makes a 10 percent reduction in the federal workforce

• Eliminates all U.S. foreign aid

• Allows younger citizens to opt out of Social Security

• Converts the federal Medicaid program into block-grants distributed to states

• Over its first four years, Paul's plan would cut over $4.1 trillion in spending while bringing in $2.9 trillion less revenue, reducing the projected deficit by $783 billion according to the Paul campaign's own comparison to the Congressional Budget Office's baseline projections of current spending levels

Here is Paul's complete plan to Restore America. That plan is a great start to get back to fiscal responsibility and to start working on the debt.

http://c3244172.r72.cf0.rackcdn.com/wp-content/uploads/2011/10/RestoreAmericaPlan.pdf

Yes yes back to poor houses and Potter's fields... Who needs civilization!?

Yea right Moon Bat. Having less government and less taxes and reduced debt is going to put people in the poor house.

If you are dependent upon the filthy ass government to steal money from other people to give to you so that you aren't in the poor house then you are one sorry asshole, aren't you?

your sympathy and admiration for the greedy idiot rich is touching, super duper. Smart Rich Democrats know you need a healthy middle-class and working-class to have a healthy economy long-term. The worst inequality and upward Mobility ever anywhere is a gigantic problem, no matter how many $7 jobs there are. We need cheaper education and training for jobs we are missing out on and Germany and France etc are getting because their workforce is trained. And everyone's infrastructure is starting to make us look really bad and it hurts the economy.

 

[francoHFW]

How about just spending less money?

Spend less money? Great idea. The problem is where do you cut. Here's the Budget. please tell me where you'd cut at least $1,000,000,000,000 ($one trillion). I recommend an audit by another "Grace Commission" and to actually follow their recommendations.
A. Hire another "Grace Commission" to audit and fix the Federal budget deficit

B. B. Cut Spending: [CUT $625b a year]
1. Cut defense to 2017 levels of $600b until the Debt is reduced, saving $150b
2. Cut foreign aid $55b (until Debt is paid we can't borrow to give money away)
3. Cut Welfare $200b & Medicaid $200b (about half)
4. Cut education $20b (state responsibility)

US Government Defense Spending History with Charts - a www.usgovernmentspending.com briefing
Current US Defense Spending:
Year Military Veterans Foreign Aid Total Defense
2017 $598.70 billion $178.00 billion $46.30 billion $823.00 billion
2018 $631.20 billion $180.40 billion $49.00 billion $860.50 billion
2019 $684.60 billion $202.10 billion $54.30 billion $941.00 billion
2020 $737.90 billion $219.20 billion $53.10 billion $1.00 trillion

C. To cover the $900b budget deficit the following taxes need to be raised:
1. Raise the top tax rate about 7% above 2016 levels +$400b
2. Implement a new 3% Fed sales tax +$400b
3. Implement a new transaction tax on all stocks & bonds Impose a Tax on Financial Transactions | Congressional Budget Office +$100b
4. Implement a new remittances tax/fee on all money sent out of the US https://www.americanthinker.com/articles/2018/05/tax_remittances_can_build_the_wall.html 2% of $140b is +$3b a year

D. Reform entitlements, Medicare & Social Security, currently projected to be insolvent:

Where can we cut spending, you say?

Glad you asked!


1. Eliminate all tax expenditures. This alone would save $1.4 trillion a year, providing a surplus. Then we can cut tax rates for everyone and pay down the debt. Once the debt is paid off, we can lower tax rates even more. Added bonus: Entities earning identical incomes would pay identical taxes! Extra added bonus: Special interests would no longer be able to bribe politicians to put tax expenditures in the tax code, thus removing the incentive to bribe them. Instant campaign finance reform.


2. Raise the Social Security and Medicare eligibility age to 70, and index to 9 percent of the population going forward. We are living DECADES longer than our ancestors. We should be working longer. Common sense.


It's very, very simple to balance the budget, lower tax rates, and pay off the debt. But our crooked politicians have the gullible rubes' attention getting all hot and bothered about Mexicans.

How about just stop spending so much money at the federal level? That is a good, plan isn't it?

The US spends almost 40% of the GDP on the combined (fed, state and local) cost of government. That amounts to more than the GDP of all but a small handful of countries on earth (like three or four). Tremendous waste and a tremendous burden on our productive economy.

The total cost of government in the US needs to be about 15% of GDP, which is still a tremendous amount of money.

We would all benefit from that. The filthy ass Democrats wouldn't have their welfare slave plantation voting block and we wouldn't have so many people sucking on the teat of government but we would all be better off.

All that crap was tried before. It doesn't work except for the super rich. Read about the gilded age and what the roaring twenties gave us. Absolute idiocy. If you don't know history you are doomed to repeat it. Check out every other modern country go. Fair democratic capitalism with a good safety net.... Known as socialism accepting Cold War dinosaur GOP America. But that's changing. Thank you Bernie.

How are you going to be put in the poor house if the filthy Federal government stops spending billions of dollars on that stupid Department of Education that is nothing more a cash cow of the teacher's unions?

The US spends more money on education at the Federal level than any other country on earth and we are ranked about 20th in education.

Back before we had a Department of Education we were ranked first.

Pretty hard to study and take education seriously when you live in a inner city war zone. With collapsing infrastructure and ridiculously expensive University and training. Great job, another gilded age. Keep your eyes closed keep listening to the garbage propaganda and keep whistling past the graveyard while Many you know slowly but surely get worse and worse off.

 

[LeftofLeft]

https://www.google.com/amp/s/www.washingtonpost.com/business/2019/11/12/trump-advisers-exploring-tax-proposal-that-would-lower-middle-class-rate-percent/?outputType=amp

Predictably, the Liberals are going to trash, tear, and smear this plan. But, it’s not like they are coming to the table with a plan to cut spending or an alternative to help the Middle Class besides expanding the criteria of “the wealthy” to include a good chunk of the Middle Class.

Bologna. Actually Democrats want to raise taxes on the rich so we can invest in American infrastructure and Americans for a change. The worst inequality and upward Mobility ever means something, brainwashed functional moron. And Democrats want a tax cut for the middle class along with that. If you count all taxes we have a flat tax system which is a gigantic giveaway to the rich and a screw job for everyone else. For 30 years now. Google the only tax graph you need to know super duper.

Bullshit. But thanks for reminding US about the “for the Infrastructure” gimmick. Why not throw in “for the children”. Either way, it’s a play to eliminate the Middle Class. You keep saying “gigantic giveaway for the rich” yet the Middle Class always keep less of their paycheck under your “stick it to the rich” plans. Also, you leave out how you need to pay off your cronies and endless layers of bureaucrats.

Name a Democrat President where the Middle Class kept most of their paychecks?

 

[francoHFW]

https://www.google.com/amp/s/www.washingtonpost.com/business/2019/11/12/trump-advisers-exploring-tax-proposal-that-would-lower-middle-class-rate-percent/?outputType=amp

Predictably, the Liberals are going to trash, tear, and smear this plan. But, it’s not like they are coming to the table with a plan to cut spending or an alternative to help the Middle Class besides expanding the criteria of “the wealthy” to include a good chunk of the Middle Class.

Bologna. Actually Democrats want to raise taxes on the rich so we can invest in American infrastructure and Americans for a change. The worst inequality and upward Mobility ever means something, brainwashed functional moron. And Democrats want a tax cut for the middle class along with that. If you count all taxes we have a flat tax system which is a gigantic giveaway to the rich and a screw job for everyone else. For 30 years now. Google the only tax graph you need to know super duper.

Bullshit. But thanks for reminding US about the “for the Infrastructure” gimmick. Why not throw in “for the children”. Either way, it’s a play to eliminate the Middle Class. You keep saying “gigantic giveaway for the rich” yet the Middle Class always keep less of their paycheck under your “stick it to the rich” plans. Also, you leave out how you need to pay off your cronies and endless layers of bureaucrats.

Name a Democrat President where the Middle Class kept most of their paychecks?

These ridiculous give away to the rich Reagan tax cuts have wrecked the middle class since 1982. Google fact left demise of the middle class

 

[LeftofLeft]

https://www.google.com/amp/s/www.washingtonpost.com/business/2019/11/12/trump-advisers-exploring-tax-proposal-that-would-lower-middle-class-rate-percent/?outputType=amp

Predictably, the Liberals are going to trash, tear, and smear this plan. But, it’s not like they are coming to the table with a plan to cut spending or an alternative to help the Middle Class besides expanding the criteria of “the wealthy” to include a good chunk of the Middle Class.

Bologna. Actually Democrats want to raise taxes on the rich so we can invest in American infrastructure and Americans for a change. The worst inequality and upward Mobility ever means something, brainwashed functional moron. And Democrats want a tax cut for the middle class along with that. If you count all taxes we have a flat tax system which is a gigantic giveaway to the rich and a screw job for everyone else. For 30 years now. Google the only tax graph you need to know super duper.

Bullshit. But thanks for reminding US about the “for the Infrastructure” gimmick. Why not throw in “for the children”. Either way, it’s a play to eliminate the Middle Class. You keep saying “gigantic giveaway for the rich” yet the Middle Class always keep less of their paycheck under your “stick it to the rich” plans. Also, you leave out how you need to pay off your cronies and endless layers of bureaucrats.

Name a Democrat President where the Middle Class kept most of their paychecks?

These ridiculous give away to the rich Reagan tax cuts have wrecked the middle class since 1982. Google fact left demise of the middle class

You can’t answer naming a a DEmocrrat who put more take home pay in the hands of Middle Class workers. You keep blaming Reagan.... a lot of voters today don’t give a flying fuck who he is. But, since you asked me.... Ronald Reagan is the best President in my lifetime. I had a Middle Class Father and Middle Class Stepfather whose professions were tied to the building and construction industry which suffered on a macro basis under Carter. Reagan came in and there were jobs and more steady work. Times were great for this Middle Class Family under Reagan. Carter was penance and punishment.

 

[LeftofLeft]

https://www.google.com/amp/s/www.washingtonpost.com/business/2019/11/12/trump-advisers-exploring-tax-proposal-that-would-lower-middle-class-rate-percent/?outputType=amp

Predictably, the Liberals are going to trash, tear, and smear this plan. But, it’s not like they are coming to the table with a plan to cut spending or an alternative to help the Middle Class besides expanding the criteria of “the wealthy” to include a good chunk of the Middle Class.

Bologna. Actually Democrats want to raise taxes on the rich so we can invest in American infrastructure and Americans for a change. The worst inequality and upward Mobility ever means something, brainwashed functional moron. And Democrats want a tax cut for the middle class along with that. If you count all taxes we have a flat tax system which is a gigantic giveaway to the rich and a screw job for everyone else. For 30 years now. Google the only tax graph you need to know super duper.

Bullshit. But thanks for reminding US about the “for the Infrastructure” gimmick. Why not throw in “for the children”. Either way, it’s a play to eliminate the Middle Class. You keep saying “gigantic giveaway for the rich” yet the Middle Class always keep less of their paycheck under your “stick it to the rich” plans. Also, you leave out how you need to pay off your cronies and endless layers of bureaucrats.

Name a Democrat President where the Middle Class kept most of their paychecks?

These ridiculous give away to the rich Reagan tax cuts have wrecked the middle class since 1982. Google fact left demise of the middle class

I Googled Carter Economy instead and all it did was blame everyone else.

 

[francoHFW]

https://www.google.com/amp/s/www.washingtonpost.com/business/2019/11/12/trump-advisers-exploring-tax-proposal-that-would-lower-middle-class-rate-percent/?outputType=amp

Predictably, the Liberals are going to trash, tear, and smear this plan. But, it’s not like they are coming to the table with a plan to cut spending or an alternative to help the Middle Class besides expanding the criteria of “the wealthy” to include a good chunk of the Middle Class.

Bologna. Actually Democrats want to raise taxes on the rich so we can invest in American infrastructure and Americans for a change. The worst inequality and upward Mobility ever means something, brainwashed functional moron. And Democrats want a tax cut for the middle class along with that. If you count all taxes we have a flat tax system which is a gigantic giveaway to the rich and a screw job for everyone else. For 30 years now. Google the only tax graph you need to know super duper.

Bullshit. But thanks for reminding US about the “for the Infrastructure” gimmick. Why not throw in “for the children”. Either way, it’s a play to eliminate the Middle Class. You keep saying “gigantic giveaway for the rich” yet the Middle Class always keep less of their paycheck under your “stick it to the rich” plans. Also, you leave out how you need to pay off your cronies and endless layers of bureaucrats.

Name a Democrat President where the Middle Class kept most of their paychecks?

These ridiculous give away to the rich Reagan tax cuts have wrecked the middle class since 1982. Google fact left demise of the middle class

You can’t answer naming a a DEmocrrat who put more take home pay in the hands of Middle Class workers. You keep blaming Reagan.... a lot of voters today don’t give a flying fuck who he is. But, since you asked me.... Ronald Reagan is the best President in my lifetime. I had a Middle Class Father and Middle Class Stepfather whose professions were tied to the building and construction industry which suffered on a macro basis under Carter. Reagan came in and there were jobs and more steady work. Times were great for this Middle Class Family under Reagan. Carter was penance and punishment.

Reagan did it with deregulation that gave us the s&l crisis and triple the debt. What a scam LOL on average Carter kept things going and Reagan started the middle class collapse on average. Google demise of the middle class fact left.