So republicans released their budget

[Crepitus]

Cuts to social security, medicare, medicaid, the ACA, and various other "entitlements".

But give a $5.5 trillion dollar tax cut to the wealthy and corporations.

THis is who they are folks. They don't give two wet shits about the common folks like you and me.

FACT SHEET: 80% of House Republicans Release Plan Targeting Medicare, Social Security, and the Affordable Care Act, Raising Costs, and Cutting Taxes for the Wealthy | The White House

In his State of the Union Less than two weeks ago, President Biden laid out his vision for an economy that gives the middle class a fair shot. He also warned that congressional Republicans “will cut Social Security and give more tax cuts to the wealthy,” that they continue to oppose the...

www.whitehouse.gov

 

[John Edgar Slow Horses]

Preach!

 

[Moonglow]

But the wealthy are so much better than you plebs.

 

[Crepitus]

Ok, OhPleaseJustQuit tell us, which part of that is fake?

​

 

[kyzr]

I'm good with all spending cuts, but not tax cuts.

 

[kyzr]

Ok, OhPleaseJustQuit tell us, which part of that is fake?

​

You lose, calling Godwin's Law

 

[Crepitus]

You lose, calling Godwin's Law

Huh?

 

[kyzr]

Huh?

Godwin's law - Wikipedia

en.wikipedia.org

 

[LeroyDumonde]

Where's the link to the budget?

 

[Thinker101]

Cuts to social security, medicare, medicaid, the ACA, and various other "entitlements".

But give a $5.5 trillion dollar tax cut to the wealthy and corporations.

THis is who they are folks. They don't give two wet shits about the common folks like you and me.

FACT SHEET: 80% of House Republicans Release Plan Targeting Medicare, Social Security, and the Affordable Care Act, Raising Costs, and Cutting Taxes for the Wealthy | The White House

In his State of the Union Less than two weeks ago, President Biden laid out his vision for an economy that gives the middle class a fair shot. He also warned that congressional Republicans “will cut Social Security and give more tax cuts to the wealthy,” that they continue to oppose the...

www.whitehouse.gov

Show us the proposal, not some made up BS from the Biden Admin.

 

[0311]

Cuts to social security, medicare, medicaid, the ACA, and various other "entitlements".

But give a $5.5 trillion dollar tax cut to the wealthy and corporations.

THis is who they are folks. They don't give two wet shits about the common folks like you and me.

FACT SHEET: 80% of House Republicans Release Plan Targeting Medicare, Social Security, and the Affordable Care Act, Raising Costs, and Cutting Taxes for the Wealthy | The White House

In his State of the Union Less than two weeks ago, President Biden laid out his vision for an economy that gives the middle class a fair shot. He also warned that congressional Republicans “will cut Social Security and give more tax cuts to the wealthy,” that they continue to oppose the...

www.whitehouse.gov

It will never get through the Senate.

 

[Crepitus]

Godwin's law - Wikipedia

en.wikipedia.org

I didn't make any nazi analogies.

 

[1srelluc]

FJB and his little memo too.

 

[C_Clayton_Jones]

I'm good with all spending cuts, but not tax cuts.

Another example of Republican contempt for sound, responsible governance and working Americans.

Indeed, after decades of failure, Republicans are still pushing the trickle-down lie.

 

[Red Front]

Cuts to social security, medicare, medicaid, the ACA, and various other "entitlements".

But give a $5.5 trillion dollar tax cut to the wealthy and corporations.

THis is who they are folks. They don't give two wet shits about the common folks like you and me.

FACT SHEET: 80% of House Republicans Release Plan Targeting Medicare, Social Security, and the Affordable Care Act, Raising Costs, and Cutting Taxes for the Wealthy | The White House

In his State of the Union Less than two weeks ago, President Biden laid out his vision for an economy that gives the middle class a fair shot. He also warned that congressional Republicans “will cut Social Security and give more tax cuts to the wealthy,” that they continue to oppose the...

www.whitehouse.gov

There's no need to tax anyone's income, just tax transactions, including Wall Street and Forex trades, and the US federal government would take more than enough money out of the economy to keep inflation at bay and maintain the value of the dollar. No income taxes are required. I say this as a far-left socialist who doesn't have much positive today about capitalism.

There are many ways to take money out of the economy, avoid hyperinflation, and preserve the value of the currency. Sales tax, property taxes, licenses, and permits, and government-run/publicly owned businesses, encourage the public to save money or invest it in treasury bonds and other investments..etc. Income taxes didn't exist until the early 20th century, around 1913.

When you claim that the government can't run without rich people funding it, you're just unnecessarily feeding their egos and giving more ammunition to the right-wingers who don't want the government to do anything other than bail out the rich and fight wars. You're only strengthening the right-wing rhetoric, pretending our federal government needs the rich's money to fund itself. It doesn't, we have a modern, sovereign, fiat currency, no longer tied to gold.

Our nation's GDP determines what our federal government's budget is going to be, not the wealthy elites paying their income taxes. Stop arming the right with these bad arguments and misconceptions.

 

[Toddsterpatriot]

There's no need to tax anyone's income, just tax transactions, including Wall Street and Forex trades, and the US federal government would take more than enough money out of the economy to keep inflation at bay and maintain the value of the dollar.

How much tax on each transaction?

 

[Red Front]

How much tax on each transaction?

That's up to the people with the stats data, and teams of economists to determine. But it's doable. This capitalism thing is your baby, I'm just trying to help you out since you hate income taxes so much. Federal income taxes didn't exist until the early 1900s.

 

[John Edgar Slow Horses]

Federal income taxes existed in the Civil War.

 

[Toddsterpatriot]

That's up to the people with the stats data, and teams of economists to determine. But it's doable. This capitalism thing is your baby, I'm just trying to help you out since you hate income taxes so much. Federal income taxes didn't exist until the early 1900s.

You said it would raise enough to replace the income tax, but you have no figures to back up your claim?

That's funny.

Do people change their behavior in reaction to taxes?

 

[Toddsterpatriot]

Federal income taxes existed in the Civil War.

He's a commie, he doesn't like facts.