CDZ The Downside of Tax Reform

Discussion in 'Clean Debate Zone' started by william the wie, Dec 21, 2017.

  1. william the wie
    Online

    william the wie Gold Member

    Joined:
    Nov 18, 2009
    Messages:
    13,053
    Thanks Received:
    1,591
    Trophy Points:
    280
    Ratings:
    +5,866
    Corporations and the top 5% of income earners will move to the low SALT states.

    High SALT states will go bankrupt and most of the officeholders and many Bureaucrats in those states will go to jail.

    What's not to like about rewarding the R/Trump faithful in this way?

    Well most of the bureaucrats are cops, firemen, teachers and so forth. Odds are that the actual workers:

    1) can't survive on their pension if they stay in the state where they earned it.

    2) the states in many cases have opted out of social security and medicare.

    3) those states have also looted the pension funds.

    4) There is less blowback if benefits are only available in state during bankruptcy.

    This is likely going to be a major problem.
     
    • Agree Agree x 1
  2. TroglocratsRdumb
    Offline

    TroglocratsRdumb Gold Member

    Joined:
    Aug 11, 2017
    Messages:
    7,177
    Thanks Received:
    1,446
    Trophy Points:
    290
    Ratings:
    +10,518
    The left wing knuttjobs in Blue states love high taxes.
    That is why they elected Democrats.
    They have no room to complain.
    Just raise their taxes some more.
     
    • Agree Agree x 1
  3. william the wie
    Online

    william the wie Gold Member

    Joined:
    Nov 18, 2009
    Messages:
    13,053
    Thanks Received:
    1,591
    Trophy Points:
    280
    Ratings:
    +5,866
    These are one party states, with massive voter fraud and hired thugs to make sure they stay that way.
     
    • Agree Agree x 1
  4. task0778
    Offline

    task0778 Gold Member Gold Supporting Member Supporting Member

    Joined:
    Mar 10, 2017
    Messages:
    3,286
    Thanks Received:
    702
    Trophy Points:
    255
    Location:
    Texas hill country
    Ratings:
    +3,088
    No shit it's going to be a major problem. And those high SALT states are still doing the same thing that got them where they are now - in deep kimchee (sp?). Many of these states have the requirement to pay public pensions and benefits written into their state constitution or into state law, so it's going to take their state gov't to reverse course and I don't see that happening. Hard to believe the people living in those states haven't kicked these fools out of office, but they haven't so shame on 'em. They made their bed, now they're going to have to lie in it. Stupidity is not a crime but you do have to suffer the consequences of stupid decisions.
     
    • Agree Agree x 1
    • Informative Informative x 1
  5. ChesBayJJ
    Offline

    ChesBayJJ Diamond Member

    Joined:
    Oct 11, 2013
    Messages:
    1,454
    Thanks Received:
    5,536
    Trophy Points:
    2,085
    Location:
    Somewhere in the Galaxy
    Ratings:
    +17,445
    Massive voter fraud and hired thugs? Which states? What do the thugs do? Do you have any links?
     
  6. bear513
    Offline

    bear513 Diamond Member

    Joined:
    Apr 21, 2012
    Messages:
    42,002
    Thanks Received:
    5,383
    Trophy Points:
    1,830
    Ratings:
    +26,983
    Here read this book , everything you need to know




    The Americans.jpg
     
  7. william the wie
    Online

    william the wie Gold Member

    Joined:
    Nov 18, 2009
    Messages:
    13,053
    Thanks Received:
    1,591
    Trophy Points:
    280
    Ratings:
    +5,866
    The Hells Angels were born in the Bay area, MS-13 was born in LA and NYC is the only city in the world that supports five Mafia families. it takes a lot of juice for gangs that criminal to stay in the same place for so long. And California specializes in having districts with more votes than eligible voters.
     
    • Informative Informative x 1
  8. task0778
    Offline

    task0778 Gold Member Gold Supporting Member Supporting Member

    Joined:
    Mar 10, 2017
    Messages:
    3,286
    Thanks Received:
    702
    Trophy Points:
    255
    Location:
    Texas hill country
    Ratings:
    +3,088
    I don't have much of a problem with this tax cut bill, but I do not like increasing the debt that we have to pay interest on. Make no mistake, we don't pay a heckuva lot of interest these days cuz the interest rate is really low, but as the debt principal goes higher and the interest rates rise then the only possible result is higher interest payments that according to some will approach a trillion dollars a year just in interest payments. And that's within the next 10 years, maybe less. To me, that's unconscionable but I can also see the need to cut tax rates to make the US more competitive with the rest of the world.

    For me, the issue isn't less revenue coming in, it's way too much spending going out. And that means the entitlement programs have to be reformed somehow, you can't make enough cuts anywhere else. Has to be done and pretty soon too.
     
  9. william the wie
    Online

    william the wie Gold Member

    Joined:
    Nov 18, 2009
    Messages:
    13,053
    Thanks Received:
    1,591
    Trophy Points:
    280
    Ratings:
    +5,866
    True but with the opioid epidemic the proven solution of linking eligibility to life expectancy will not work.
     
  10. task0778
    Offline

    task0778 Gold Member Gold Supporting Member Supporting Member

    Joined:
    Mar 10, 2017
    Messages:
    3,286
    Thanks Received:
    702
    Trophy Points:
    255
    Location:
    Texas hill country
    Ratings:
    +3,088
    Possibly you have somewhat overestimated the consequences of the opioid epidemic and underestimated the benefits in advances to health care treatments. All I know is, the current system is unsustainable and has to be changed.
     

Share This Page