Billionaires are lining up to support President Trump and DOGE.

[Oddball]

Oh my, what a difference an election makes! Bezos, Zuckerberg, Thiel and others now want to support President-Elect Trump and DOGE in government efficiency and deregulation efforts.
Further signs that the Democrat Regime's days are over.

https://www.axios.com/2024/12/05/trump-bezos-zuckerberg-musk-regulation

More like they're lining up to try and sandbag them into not goring their oxen.

 

[Oddball]

Top rate was 70% before Reagan.

Also, the deficit tripled in 8 years... how do you think that happened?

Spending.

You Marxist twerps aren't 1/10th as clever as you think you are.

 

[JoeB131]

Spending.

You Marxist twerps aren't 1/10th as clever as you think you are.

Except Reagan slashed spending on social programs.
He increased the military budget, but he slashed social programs.

 

[Oddball]

Except Reagan slashed spending on social programs.
He increased the military budget, but he slashed social programs.

No he didn't...He got sandbagged into keeping the moocher state spending, in exchange for the military spending spree, just like republicans always do.

 

[para bellum]

A decentralized AI force of drones that could number in the tens of thousands while being coordinated by one program is essentially impervious to defeat. Add some decent armament and facial recognition elements and you have an unstoppable assassin.

Block their comms, hack their software.

Or hit'em with a directed EMP...

Technology for Innovative Entrepreneurs & Businesses | TechLink

techlinkcenter.org

 

[AzogtheDefiler]

Top rate was 70% before Reagan.

Also, the deficit tripled in 8 years... how do you think that happened?

70% with more loopholes. On avg the wealthy paid about the same. Look it up, Jeanie.

 

[justoffal]

Block their comms, hack their software.

Or hit'em with a directed EMP...

Technology for Innovative Entrepreneurs & Businesses | TechLink

techlinkcenter.org

Yeah....EMP would do it I think

 

[AzogtheDefiler]

Top rate was 70% before Reagan.

Also, the deficit tripled in 8 years... how do you think that happened?

Here you go, Jeanie. On avg the wealthy paid 42%. About the same as now. Are you ever not embarrassed that I constantly thrash you in debates?

https://finance.yahoo.com/news/were-high-income-americans-really-200011606.html

 

[JackOfNoTrades]

No he didn't...He got sandbagged into keeping the moocher state spending, in exchange for the military spending spree, just like republicans always do.

Oh he most certainly did. Steep tax cuts, increased military spending, huge cuts to social welfare programs====>higher deficits.

Reagan is the acknowledged father of modern deficit spending. We ran small deficits up to Reagan...but he took it to an art form.

Digital History

www.digitalhistory.uh.edu

 

[Oddball]

Oh he most certainly did. Steep tax cuts, increased military spending, huge cuts to social welfare programs====>higher deficits.

Reagan is the acknowledged father of modern deficit spending. We ran small deficits up to Reagan...but he took it to an art form.

Digital History

www.digitalhistory.uh.edu

Except there were no "huge cuts" in the social safety sofa.

Of course that deficit spending wasn't ever any problem when your team was engaging in it.

 

[80zephyr]

Here you go, Jeanie. On avg the wealthy paid 42%. About the same as now. Are you ever not embarrassed that I constantly thrash you in debates?

https://finance.yahoo.com/news/were-high-income-americans-really-200011606.html

And to top it off, the Democrats backed the cuts.

Actually, it was Democrats who killed the 70 percent tax

The Reagan-era tax deal has some lessons to teach reformers like Alexandria Ocasio-Cortez.

www.politico.com

 

[AzogtheDefiler]

And to top it off, the Democrats backed the cuts.

Actually, it was Democrats who killed the 70 percent tax

The Reagan-era tax deal has some lessons to teach reformers like Alexandria Ocasio-Cortez.

www.politico.com

AOC is their hero.

 

[JoeB131]

No he didn't...He got sandbagged into keeping the moocher state spending, in exchange for the military spending spree, just like republicans always do.

quite the contrary, he cut lots.

https://www.irp.wisc.edu/publications/focus/pdfs/foc52b.pdf

The pendulum has now swung in the other direction.Many of the programs which grew most rapidly from1965 to 1981 (Food Stamps, Comprehensive Employment and Training Act, federal guaranteed loan programs for higher education, and Legal Assistance, for example) have sustained the largest cuts. Compared toCarter's proposed 1982 budget, the fiscal 1982 budgetthat was proposed by Reagan represented a.reduction of$44 billion, or 5.7%, and all categories except nationaldefense were reduced.' Over half of the $44 billion budgetreduction came from two areas: income security; and education, training, employment, and social services. .The full extent of the shift in priorities being camed outby President Reagan can be seen in the estimates for the1986 budget, in which 19.9% of GNP, rather than thecurrent 23 %, is scheduled to be spent. The compositionby category of the 1986 budget is shown in the third column of Table 1. By that time, national defense, international affairs, and veterans' benefits and services will account for 40% of the total budget. All of the othercategories except health will be reduced in relativeimportance.

 

[JoeB131]

Here you go, Jeanie. On avg the wealthy paid 42%. About the same as now. Are you ever not embarrassed that I constantly thrash you in debates?

You have no idea what you are talking about.

But even 42% is better than what they are paying now.

 

[AzogtheDefiler]

You have no idea what you are talking about.

But even 42% is better than what they are paying now.

They are paying close to 50% now. You lost another debate

 

[JoeB131]

They are paying close to 50% now. You lost another debate

No, they aren't.

The top marginal rate is 37%.

 

[Hollie]

Not sure why you are keen to live in a plutocracy.

I doubt you are rich.

I'm sure you have no idea what a plutocracy is.

 

[AzogtheDefiler]

No, they aren't.

The top marginal rate is 37%.

Yes they are. Think about RE tax, state, excise tax, sales tax. Rich people generally have larger homes and fancier cars. They more than pay their fair share. In MA we have a 4% millionaires tax. In NYC they have a city tax. You honestly are clueless.

 

[Zincwarrior]

Except Reagan slashed spending on social programs.
He increased the military budget, but he slashed social programs.

And jumped the deficit.

 

[JoeB131]

Yes they are. Think about RE tax, state, excise tax, sales tax. Rich people generally have larger homes and fancier cars. They more than pay their fair share. In MA we have a 4% millionaires tax. In NYC they have a city tax. You honestly are clueless.

The discussion was about the Federal income Tax.

If you want to throw in all taxes, sales taxes, social security, and medicare more seriously impact the working class.