Donald Trump will save social security

[Robert W]

This is a question and answer for JD Vance done in South Carolina. The public living there have outstanding questions. And one asked about Social Security. Trump per Vance will cut taxes you pay for your Social security benefits. Did you know you can be taxed for collecting SS?
Try to watch all of the video. You will learn stuff never confessed by Kamala Harris or Biden.

 

[BluesLegend]

Well we know with 200% certainty that Democrats will never cut taxes.

 

[Robert W]

Well we know with 200% certainty that Democrats will never cut taxes.

They don't so much as tease us by saying they will cut taxes.

 

[BluesLegend]

They don't so much as tease us by saying they will cut taxes.

Former Dem's BFF the Teamsters Union called it, Democrats have been screwing them over for years. This election they are fed up with it.

 

[dblack]

Well we know with 200% certainty that Democrats will never cut taxes.

And we know with 200% certainty that neither party will cut spending.

 

[Robert W]

What is Fair taxes? Let this former agent of the IRS explain it.

I met Joe Banister. He and a former IRS tax collector showed up at Hayward, CA and I drove a few miles north and sat in on their lectures. Joe Banister battled the IRS and he never lost a case to them. Joe was working for the IRS and his duty required him to be armed. And he dealt with so called tax cheats. He happened to hear on Bay Area Radio a party talking about taxes and the IRS who made claims. He did not believe them. So he took vacation time and went all over the USA checking out the claims. What he found caused him to resign from the IRS.

 

[Robert W]

And we know with 200% certainty that neither party will cut spending.

We will if we clean out the Democrats from Congress.

 

[dblack]

We will if we clean out the Democrats from Congress.

LOL - no. You won't.

 

[Robert W]

LOL - no. You won't.

How can you claim that? Democrats are the source of our stupendous taxes now.

 

[dblack]

How can you claim that? Democrats are the source of our stupendous taxes now.

Because every time the Republicans have had the power to do so, they have failed to make any meaningful spending cuts.

 

[Robert W]

Because every time the Republicans have had the power to do so, they have failed to make any meaningful spending cuts.

When they have so called power, it is by so few votes it allows some Rs to be against it. We need to remove every Democrat to slash spending. Reagan gave it a good try and managed to cut spending by hundreds of millions of dollars.

 

[Robert W]

Because every time the Republicans have had the power to do so, they have failed to make any meaningful spending cuts.

The first tax cut (Economic Recovery Tax Act of 1981) among other things, cut the highest personal income tax rate from 70% to 50% and the lowest from 14% to 11% and decreased the highest capital gains tax rate from 28% to 20%.

What programs did Reagan cut?


In accordance with Reagan's less-government intervention views, many domestic government programs were cut or experienced periods of reduced funding during his presidency. These included Social Security, Medicaid, Food Stamps, and federal education programs.

 

[The Irish Ram]

And we know with 200% certainty that neither party will cut spending.

That's not true. Trump cut taxes. If you don't think that made an impact, wait till the Dems let them expire.

 

[Moonglow]

This is a question and answer for JD Vance done in South Carolina. The public living there have outstanding questions. And one asked about Social Security. Trump per Vance will cut taxes you pay for your Social security benefits. Did you know you can be taxed for collecting SS?
Try to watch all of the video. You will learn stuff never confessed by Kamala Harris or Biden.

he can't do shit without Congress.

 

[Moonglow]

That's not true. Trump cut taxes. If you don't think that made an impact, wait till the Dems let them expire.

Only Congress can cut taxes or lay taxes.

 

[Moonglow]

The first tax cut (Economic Recovery Tax Act of 1981) among other things, cut the highest personal income tax rate from 70% to 50% and the lowest from 14% to 11% and decreased the highest capital gains tax rate from 28% to 20%.

What programs did Reagan cut?


In accordance with Reagan's less-government intervention views, many domestic government programs were cut or experienced periods of reduced funding during his presidency. These included Social Security, Medicaid, Food Stamps, and federal education programs.

and cut out much of our ability to use tax deductions.

 

[Moonglow]

When they have so called power, it is by so few votes it allows some Rs to be against it. We need to remove every Democrat to slash spending. Reagan gave it a good try and managed to cut spending by hundreds of millions of dollars.

• During Reagan's presidency, the federal debt held by the public nearly tripled in nominal terms, from $738 billion to $2.1 trillion. ...
• The federal deficit as percentage of GDP rose from 2.5% of GDP in fiscal year 1981 to a peak of 5.7% of GDP in 1983, then fell to 2.7% GDP in 1989.

 

[dblack]

That's not true. Trump cut taxes. If you don't think that made an impact, wait till the Dems let them expire.

Cutting taxes, without cutting spending, is idiotic and achieves nothing.

 

[Moonglow]

The first tax cut (Economic Recovery Tax Act of 1981) among other things, cut the highest personal income tax rate from 70% to 50% and the lowest from 14% to 11% and decreased the highest capital gains tax rate from 28% to 20%.

What programs did Reagan cut?


In accordance with Reagan's less-government intervention views, many domestic government programs were cut or experienced periods of reduced funding during his presidency. These included Social Security, Medicaid, Food Stamps, and federal education programs.

Economic Recovery Tax Act of 1981 (ERTA): Overview​

Investopedia
https://www.investopedia.com › Fiscal Policy › Tax Laws




The Economic Recovery Tax Act of 1981 was a law for the largest tax cut in American history. Much of it was reversed a year later.

 

[Moonglow]

I can really tell yous people did not live in the 1980s and pay income taxes.