Senate Republicans Pass Massive Deficit Spending Bill

[Siete]

What a stupid concept that tax cuts have to be "paid for"

Of course they have to be paid for. They should be paid for by eliminating the tax expenditures which have caused tax rates to be so high in the first place.

Idiot.

You dumb shits think your deductions, exemptions, and credits mean "I get to keep more of my money!"

But what they really mean is, "We need to raise tax rates on EVERYONE so I can pay less than the suckers whose money I am taking."

They are theft. Wealth redistribution. Government gifts which are paid for by every taxpayer.

these dipshits believe tax credits add to their account.

its magic I tell ya.

 

[g5000]

Tax cuts stimulate the US economy, they do not deprive he government of revenue

Wow. I had no idea there were still some heroin addicts around who still bleev this shit.

"We should lower taxes to 0! Then we'll have a record surplus!"

 

[Penelope]

Let's cut spending by $1 trillion for 2019 and have a flat 15% tax on all income over $20,000.

Who are "THE RICH", and what is their "FAIR SHARE"?

The rest are retired, disabled , in grade school and college, and some just do not work, stay home wife's. If you make lots of passive income, then you should pay more, the more you make the more you should pay.

 

[Dragonlady]

Lower tax rates could easily be paid for by eliminating tax expenditures.

But even pseudocons scream like welfare queens when THEIR government gifts are threatened.

So our politicians do what the people want. They give the people gifts, and massively borrow to pay for those gifts.

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


We get the politicians we deserve.

You don't work do you, that means you don't get a government gift of a tax refund, of your OWN FUCKING MONEY...

You drive on roads, attended school, have police and fire protection. You have courts where you can seek redress from bad business deals and those who owe you money or harm you. The US military protects your country from invasion from hostile forces. You have a home with hot and cold running water, access to telephone, internet and cable, and hospitals which look after you when you're sick.

You seem to think that all of this stuff is free and you don't have to pay for it. Taxes aren't your "OWN FUCKING MONEY", asshole. They're your share of the costs of your education, infrastructure and the services available to you to live in a first world country.

If you don't want to pay taxes, there are lots of Third World hellholes you can live in where residents pay no taxes.

 

[Doc1]

Lower tax rates could easily be paid for by eliminating tax expenditures.

But even pseudocons scream like welfare queens when THEIR government gifts are threatened.

So our politicians do what the people want. They give the people gifts, and massively borrow to pay for those gifts.

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


We get the politicians we deserve.

DAMN that Government, how DARE them let anyone keep more of their own money. Dumbasses.

Oh, look. Here's one of the screaming welfare queens now! Right on cue.

I take particular enjoyment in exposing your stupidity concerning the wealth of others. Stupid people, like you, try and make the case that ALL monies, no matter who has earned it belongs to the Government.

 

[g5000]

Lower tax rates could easily be paid for by eliminating tax expenditures.

But even pseudocons scream like welfare queens when THEIR government gifts are threatened.

So our politicians do what the people want. They give the people gifts, and massively borrow to pay for those gifts.

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


We get the politicians we deserve.

DAMN that Government, how DARE them let anyone keep more of their own money. Dumbasses.

Oh, look. Here's one of the screaming welfare queens now! Right on cue.

I take particular enjoyment in exposing your stupidity concerning the wealth of others. Stupid people, like you, try and make the case that ALL monies, no matter who has earned it belongs to the Government.

No, dumb fucks like you think the money which higher tax rates steal from every tax payer belongs to you.

You're just too willfully stupid and ignorant to even know how the system works. You don't want to learn you are one of the looters.

 

[CrusaderFrank]

Tax cuts stimulate the US economy, they do not deprive he government of revenue

Wow. I had no idea there were still some heroin addicts around who still bleev this shit.

"We should lower taxes to 0! Then we'll have a record surplus!"

Impossible to discuss economics with an economic Illiterate.

 

[g5000]

Bob and Ted earn identical incomes.

The taxes on their incomes come to $100 each.

But Bob takes advantage of some deductions, credits, and exemptions and so his tax bill comes to $80.

That loss of $20 in revenue is made up for by the government by increasing tax rates.

So Ted ends up paying more than $100 in taxes due to the higher tax rates. Bob has stolen from Ted, but Bob thinks to himself, "I got to keep more of MY money!"

This is how our system works, you thieving fucks.

 

[g5000]

Tax cuts stimulate the US economy, they do not deprive he government of revenue

Wow. I had no idea there were still some heroin addicts around who still bleev this shit.

"We should lower taxes to 0! Then we'll have a record surplus!"

Impossible to discuss economics with an economic Illiterate.

Yes, which is why I won't waste any more time on you.

 

[CrusaderFrank]

If the government never spent a dollar, we'd have a massive surplus!

 

[g5000]

Eliminate the $1.4 trillion of wealth distribution spending, and then we can cut tax rates on everyone.

This simple concept actually eludes pseudocon retards. They get upset when you try to take away their government gifts, and then have the audacity to whine about giving poor people a tiny, tiny fraction of that amount for food!

 

[g5000]

Entities earning identical incomes paying identical taxes just sounds WRONG to pseudocons.

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

 

[CrusaderFrank]

Eliminate the $1.4 trillion of wealth distribution spending, and then we can cut tax rates on everyone.

This simple concept actually eludes pseudocon retards. They get upset when you try to take away their government gifts, and then have the audacity to whine about giving poor people a tiny, tiny fraction of that amount for food!

Eliminate the 13th Amendment, Eliminate half of the Federal Departments.

Yes, we're cruel and heartless that the government takes over 1/3 of earned income.

Economic Illiterate

 

[g5000]

Eliminate the $1.4 trillion of wealth distribution spending, and then we can cut tax rates on everyone.

This simple concept actually eludes pseudocon retards. They get upset when you try to take away their government gifts, and then have the audacity to whine about giving poor people a tiny, tiny fraction of that amount for food!

Eliminate the 13th Amendment, Eliminate half of the Federal Departments.

Yes, we're cruel and heartless that the government takes over 1/3 of earned income.

Economic Illiterate

The largest spending in the federal budget is the $1.4 trillion of tax expenditures, and you are fighting tooth and nail to protect that spending, hypocrite.

 

[g5000]

Pseudocon tards think two families who earn the same income should pay radically different amounts in taxes.

No, really! This is what they actually believe!

They want one family to pay more than they should so the other family can pay less! They want the government to pick winners and losers, and they have the nerve to call themselves conservatives!

I kid you not. This is what they want. They actually support this kind of wealth transferring theft. Vociferously.

You can see at least two of them right here in this topic.

 

[CrusaderFrank]

Eliminate the $1.4 trillion of wealth distribution spending, and then we can cut tax rates on everyone.

This simple concept actually eludes pseudocon retards. They get upset when you try to take away their government gifts, and then have the audacity to whine about giving poor people a tiny, tiny fraction of that amount for food!

Eliminate the 13th Amendment, Eliminate half of the Federal Departments.

Yes, we're cruel and heartless that the government takes over 1/3 of earned income.

Economic Illiterate

The largest spending in the federal budget is the $1.4 trillion of tax expenditures, and you are fighting tooth and nail to protect that spending, hypocrite.

Me

 

[g5000]

Federal Revenues Are Projected to Increase Significantly Over the Next Two Years and Remain Steady as a Share of GDP Thereafter

Tax Expenditures Have a Significant Effect on Total Revenues
The tax rules on which CBO’s projections are based include the tax rates that apply to different types of income; they also include an array of exclusions, deductions, preferential rates, and credits, which reduce revenues, for any given level of tax rates, in both the individual and corporate income tax systems. Some of those provisions are called tax expenditures because, like government spending programs, they provide financial assistance to particular activities, entities, or groups of people. The tax expenditures that have the largest effect on revenues are the following:

• The exclusion from workers’ taxable income of employers’ contributions for health care, health insurance premiums, and long-term-care insurance premiums;
• The exclusion of contributions to and earnings of pension funds (minus pension benefits that are included in taxable income);
• Preferential tax rates on dividends and long-term capital gains; and
• The deduction of interest that homeowners pay on mortgages for their residences.

Those and other tax expenditures have a major effect on the federal budget. On the basis of estimates prepared by the staff of the Joint Committee on Taxation, CBO expects that under current law, tax expenditures will total $1.4 trillion in 2014—or 8.2 percent of GDP—if their effects on social insurance taxes as well as on income taxes are included. That amount equals nearly half of all federal revenues projected for the year and exceeds projected spending on Social Security, defense, or Medicare

 

[Kosh]

Federal Revenues Are Projected to Increase Significantly Over the Next Two Years and Remain Steady as a Share of GDP Thereafter

Tax Expenditures Have a Significant Effect on Total Revenues
The tax rules on which CBO’s projections are based include the tax rates that apply to different types of income; they also include an array of exclusions, deductions, preferential rates, and credits, which reduce revenues, for any given level of tax rates, in both the individual and corporate income tax systems. Some of those provisions are called tax expenditures because, like government spending programs, they provide financial assistance to particular activities, entities, or groups of people. The tax expenditures that have the largest effect on revenues are the following:

• The exclusion from workers’ taxable income of employers’ contributions for health care, health insurance premiums, and long-term-care insurance premiums;
• The exclusion of contributions to and earnings of pension funds (minus pension benefits that are included in taxable income);
• Preferential tax rates on dividends and long-term capital gains; and
• The deduction of interest that homeowners pay on mortgages for their residences.

Those and other tax expenditures have a major effect on the federal budget. On the basis of estimates prepared by the staff of the Joint Committee on Taxation, CBO expects that under current law, tax expenditures will total $1.4 trillion in 2014—or 8.2 percent of GDP—if their effects on social insurance taxes as well as on income taxes are included. That amount equals nearly half of all federal revenues projected for the year and exceeds projected spending on Social Security, defense, or Medicare

See how the far left drone contradicts their own posts with this one?

They believe that Obama was part of GOP.

Notice the date of 2014 in the far left drones post!

And I am sure this far left drone can post all the fiscal year budgets Obama signed into law.

Another far left drone fail thread/post!

 

[g5000]

Federal Revenues Are Projected to Increase Significantly Over the Next Two Years and Remain Steady as a Share of GDP Thereafter

Tax Expenditures Have a Significant Effect on Total Revenues
The tax rules on which CBO’s projections are based include the tax rates that apply to different types of income; they also include an array of exclusions, deductions, preferential rates, and credits, which reduce revenues, for any given level of tax rates, in both the individual and corporate income tax systems. Some of those provisions are called tax expenditures because, like government spending programs, they provide financial assistance to particular activities, entities, or groups of people. The tax expenditures that have the largest effect on revenues are the following:

• The exclusion from workers’ taxable income of employers’ contributions for health care, health insurance premiums, and long-term-care insurance premiums;
• The exclusion of contributions to and earnings of pension funds (minus pension benefits that are included in taxable income);
• Preferential tax rates on dividends and long-term capital gains; and
• The deduction of interest that homeowners pay on mortgages for their residences.

Those and other tax expenditures have a major effect on the federal budget. On the basis of estimates prepared by the staff of the Joint Committee on Taxation, CBO expects that under current law, tax expenditures will total $1.4 trillion in 2014—or 8.2 percent of GDP—if their effects on social insurance taxes as well as on income taxes are included. That amount equals nearly half of all federal revenues projected for the year and exceeds projected spending on Social Security, defense, or Medicare

See how the far left drone contradicts their own posts with this one?

They believe that Obama was part of GOP.

Notice the date of 2014 in the far left drones post!

And I am sure this far left drone can post all the fiscal year budgets Obama signed into law.

Another far left drone fail thread/post!

TA-DAAAAAA!

 

[Kosh]

Federal Revenues Are Projected to Increase Significantly Over the Next Two Years and Remain Steady as a Share of GDP Thereafter

Tax Expenditures Have a Significant Effect on Total Revenues
The tax rules on which CBO’s projections are based include the tax rates that apply to different types of income; they also include an array of exclusions, deductions, preferential rates, and credits, which reduce revenues, for any given level of tax rates, in both the individual and corporate income tax systems. Some of those provisions are called tax expenditures because, like government spending programs, they provide financial assistance to particular activities, entities, or groups of people. The tax expenditures that have the largest effect on revenues are the following:

• The exclusion from workers’ taxable income of employers’ contributions for health care, health insurance premiums, and long-term-care insurance premiums;
• The exclusion of contributions to and earnings of pension funds (minus pension benefits that are included in taxable income);
• Preferential tax rates on dividends and long-term capital gains; and
• The deduction of interest that homeowners pay on mortgages for their residences.

Those and other tax expenditures have a major effect on the federal budget. On the basis of estimates prepared by the staff of the Joint Committee on Taxation, CBO expects that under current law, tax expenditures will total $1.4 trillion in 2014—or 8.2 percent of GDP—if their effects on social insurance taxes as well as on income taxes are included. That amount equals nearly half of all federal revenues projected for the year and exceeds projected spending on Social Security, defense, or Medicare

See how the far left drone contradicts their own posts with this one?

They believe that Obama was part of GOP.

Notice the date of 2014 in the far left drones post!

And I am sure this far left drone can post all the fiscal year budgets Obama signed into law.

Another far left drone fail thread/post!

TA-DAAAAAA!

Exactly! You pushed a far left agenda not based in reality, thinking Obama is part of the GOP..