G7 looking for 2 Historic Outcomes

I am expecting big things from Bidenā€™s first world leader summit. I bet he doesnā€™t puke on the Japanese leader like Bush nor blow Putin while denying US intelligence briefing reports.

Looking for minimum corporate tax rate and vaccine commitments.


The two biggest outcomes expected from the summit are a shared commitment to a global vaccination effort and an agreement on what the minimum corporate tax rate should be.

Collectively, the countries are committing to providing a billion vaccinations globally to assist people in some of the worldā€™s poorest countries, with Biden announcing Thursday that the United States would contribute half of that total.

MORE: Biden announces US to donate 500M vaccine doses in show of American leadership

On the tax rate, the leaders are expected to collectively endorse a global minimum corporate tax of at least 15%, following up on an agreement met by finance ministers last week, though implementation of such a tax rate ultimately will require approval in each country.

The mood of multilateral cooperation surrounded Biden's debut appearance at the summit, which serves as a stark departure from prior summits in recent years, as former President Donald Trump's skepticism of multilateralism in favor of his "America First" approach to foreign policy rattled the global norms that have long made such summits predictable affairs.
You dumb fuck.

You will wind up paying the fucking corporate tax whenever you buy anything made by a corporation. Don't we have enough Democrat inflation already without adding to it?

It will also cause a flood of jobs to be transferred to countries that won't go along with that dumb idea, like Ireland.

I swear you uneducated dumbass Moon Bats don't know anymore about Economics than you know about History, Climate Science, Biology, Ethics or the Constitution.

Fuck giving away the vaccine to foreign shitheads. Make them buy their own. We don't need to provide welfare to the rest of the world.

I thought all the other countries had such great Socialized medicine. If Socialized medicine is as great as you idiot Moon Bats say it is why aren't they proving their own vaccine?

Anybody that voted for Joe Dufus and then ignored the fact he stole the election is an idiot. That is a fact.
What was the economy like and the tax rate like under a Democrat the last time the budget was balanced? Oh Iā€™ll give you a hint.

Clinton signed the Omnibus Budget Reconciliation Act of 1993 into law. This act created a 36 percent to 39.6 percent income tax for high-income individuals in the top 1.2% of wage earners. Businesses were given an income tax rate of 35%.
There are many reasons for the balanced budget in the 1990's. One of them was the peak spending of the Baby Boomers. They slowed down the last year of Clinton's time in office. And make no mistake about it, the Contract with America from the 1994 Repubs saved Clinton's butt. And without Ross Perot he never would have been elected. Twice!


Another thing that caused a good economy in that era.

The computer became widespread in business worldwide, which resulted in a tremendous increase in productivity, not only in the US but all over the world.

Slick Willy was a scumbag and an idiot but he lucked out when he inherited Reagan's great economy, the tech boom and computer productivity.

In addition the Republican Congress prevented him from fucking everything up like he wanted to do.
Tax rate was 35% for corps and top earner was. Over 39% and the economy was humming. Fear mongering of rich people and corps so that you people of moderate means fight it out for them is the greatest trick the devil ever made. Youā€™re not thinking. I am a .5%er. I have skin in the game. Tax rates need to be higher and spending lower. Itā€™s math.


You are confused Moon Bat.

We tax far too much in this country. The fucking government doesn't need more revenue to waste. We need to spend far less. The Federal government is bloated, debt ridden and out of contrl and we shouldn't be feeding that monster with more money like you idiot Libtards want to do. Americans need to keep more of the money they earn rather than give it to some asshole government bureaucracy that waste the money.

Stop with your Socialist bullshit. It just makes you look like an idiot.
You need both. More income less spending. There is a proven algorithm developed in the 90ā€™s under Clinton.


No moron. We never need more income.

We need to stop a lot of the goddamn spending and have lower taxes for everybody. We could have a great Federal government for about 1/4th the money we spend now.
How are you going to do that given the staggering structural deficits already built into the Federal Budget, you have debt service, you have entitlements (mandatory spending) and you have a stunning lack of investment. Not to mention the fact that MUCH of the economy is reliant on Federal spending, what about all the labor force thatā€™s dependent on it? what are you going to do about them? Kick ā€˜em to the curb and just tell ā€˜em good luck finding a new career? Or are you wanting to fund their living on the public dole?

Even if you eliminated ALL of the discretionary spending (around $1.5 trillion) that would only account for 50% of the 2021 projected budget deficit, granted thatā€™s including the impacts of COVID, but going forward it still wouldnā€™t account for more than a small budget surplus and you would be left with ZERO national defense, ZERO education budget, ZERO infrastructure spending, ZERO federal law enforcement and on and on.

Iā€™m all for it if you can figure out a way to shrink the Federal Government to 1/4 itā€™s current size without causing a massive disruption to the economy and a drastic drop in the standard of living for most of the population while doing it.


That "staggering" deficit is the result of decades and decades of bloated out of control Federal spending and we need to first put a stop to that.

The way that a family pays off debt to stop going into more debt and then cut back on spending and use that money to pay off the credit cards.

The fucking federal government should do the same.

A few years ago Ron Paul suggested a Federal budget that would cut spending a trillion a year while maintaining many of the necessary government functions. A trillion a year would be a nice year payment on the debt, wouldn't it? That trillion a year would be a good start and we could continue to reduce the size of the bloated government.

Do away with all welfare, subsidies, entitlements, grants, foreign aid and unnecessary government agencies. get down to the basics, pay off debt and then reduce taxes. The economy would boom then. That is the only sane thing to do. Anything else is stupidity.


Paul proposes $1T in specific cuts

I didnā€™t say ā€œstaggering deficitā€ what I said was ā€œstaggering STRUCTURAL deficitsā€, that is deficits that are essentially on auto pilot, primarily DEBT SERVICE (interest payments) and MANDATORY SPENDING (e.g. Social Security, Medicare and Federal Pensions).

You have to address all of the issues that I raised before you can seriously propose a way to begin reducing the size of the federal government, there is no silver bullet, I wish there were but there isnā€™t.

.. and with all due respect to Dr. Paul his plan wasnā€™t and still isnā€™t workable because there is NO POLITICAL WILL IN THE DUOPOLY to do anything close to what he proposes.

The fact of the matter is, after thinking about our situation for a long time and doing a lot of homework (including paying A LOT of attention to the warnings of people like Dr. Paul), I can arrive at only one conclusion, our reckless financial idiocy wonā€™t stop until economic reality forces it to (destruction of our currency) and then itā€™ll be too late to save ourselves from all of the dire consequences that will follow.

In the meantime, Iā€™ve found it more productive to try and focus on what is practical.


You are confused about this Moon Bat.

I will explain it to you in simple terms that even an uneducated Moon Bat could understand.

The size of our government is too large. It is bloated and inefficient.

Americans are taxed too much to pay for that bloated out of control government.

Our children are deep in debt for that bloated out of control government.

Those taxes take money out of the productive economy that harms economic growth.

We need to cut back on the size of the government.

We need to stop spending so much money at the Federal level.

We need to stop all welfare, subsidies, grants, entitlements, foreign aid and unnecessary Federal level departments.

I gave a little example of how we can start the process by Paul's "Restore America" budget that would cut back on spending $1 trillion a year.

We need to do much more than that but it is a good start.

Your idiotic mindset that the government has to be this large is just an example of the stupidity that led us to having a $5 trillion a year budget and being almost $30 trillion in debt.

You stupid uneducated Moon Bats don't know any more about Economics than you know about History, Climate Science, Biology, Ethics or the Constitution. You sure as hell don't know anything about fiscal responsibility, do you?
Bullshit. The tax rate is lower on those who can pay than ever before. Debt under trump during a great economy shows you right wing idiots donā€™t know how to run an economy. Clinton had a balanced budget. Obama inherited an economic disaster and fixed it but it was expensive. Before and after those guys Republicans ran up expenses and reduced the rates of revenue while stewarding the largest wealth transfer from middle class to the wealthy in world history.


Bullshit Moon Bat!

We take about $3.5 trillion out of the economy every year to support this bloated Federal government and then go borrow a shitload more. That shithead Joe Dufus wants to even make it more.

Because you don't know a goddamn thing about Economics you have no idea of the damage that does to our productive economy, do you?

The States and Locals take out close to a like amount. The combined cost of government in this fucking country is more than the GDP of all be a couple or three other countries in the world. Does that tell your uneducated mind anything?

Those taxes are all flowed down either directly or indirectly to all Americans one way or another. For instance, that stupid oppressive Corportate tax drives up the cost of goods and services provided by the corporations and we all pay it when we buy the products. Of course you uneducated Moon Bats are too dumb to know things like that, aren't you?

People like you and you ignorant mindset on the role of government is the reason we are in the mess we are in now. Shame on you! You have fucked this country and you are too stupid as to know the reason why.
First. No one in the country thinks the current expense level is reasonable. No one.

Second. There are a million different formulas to acquire revenue for governing this nation. The fact is the wealthy are not paying their fair share. Iā€™m open to discussing any options including eliminating all corporate taxes but replacing them with taxing greater the income they generate for owners. Iā€™m all ears. One option is not getting rid of all government. Thatā€™s moronic and demonstrates you have no ideas but talking points.


You are really confused about this aren't you?

You filthy little greedy Socialists don't really give a shit about the size of the government or the debt. You assholes just want somebody else to pay for it.

All taxes collected in the country flows down to the people one way or another and are a burden on the economy. If a rich man is taxed a shitload then that money doesn't go towards jobs creating investments or the employment provided by his spending. That is simple economics that you stupid uneducated Moon Bats never never seem to understand. It is the real life Broken Window Theory.

What is insane:

1. Big bloated government
2. Progressive taxation that punishes wealth accumulation
3. Tremendous debt

What is sane

1. Fiscal responsibility
2 Only spending what the government takes in
3. Smallest possible government
4. Low taxation for everybody

The probem is not how we tax people. No matter how you do it there will always be winners and losers. The problem is that we collect too much taxes and that leads to bloated government and harm to our economy.
Ha ha ha ha. You are peddling ā€œtrickle down economicsā€?!?! Holy shit someone get me another relic from the 80ā€™s like a cabbage patch doll.

Your argument is lazy. Itā€™s basically saying ā€œI know, letā€™s not have a government and everyone should just fight it out for themselves with no rules, regulations, responsibilities, or accountabilities, or semblance of societyā€.

How about we have a government that ensures a level playing field for its citizens, mitigates the vast advantages and disadvantages people get from their birth status, and provides the infrastructure for a thriving nation which should include an education and medical infrastructure that works for all its citizens. With basic health and education access provided then you can go out and compete like everyone else based on your abilities.
 
I am expecting big things from Bidenā€™s first world leader summit. I bet he doesnā€™t puke on the Japanese leader like Bush nor blow Putin while denying US intelligence briefing reports.

Looking for minimum corporate tax rate and vaccine commitments.


The two biggest outcomes expected from the summit are a shared commitment to a global vaccination effort and an agreement on what the minimum corporate tax rate should be.

Collectively, the countries are committing to providing a billion vaccinations globally to assist people in some of the worldā€™s poorest countries, with Biden announcing Thursday that the United States would contribute half of that total.

MORE: Biden announces US to donate 500M vaccine doses in show of American leadership

On the tax rate, the leaders are expected to collectively endorse a global minimum corporate tax of at least 15%, following up on an agreement met by finance ministers last week, though implementation of such a tax rate ultimately will require approval in each country.

The mood of multilateral cooperation surrounded Biden's debut appearance at the summit, which serves as a stark departure from prior summits in recent years, as former President Donald Trump's skepticism of multilateralism in favor of his "America First" approach to foreign policy rattled the global norms that have long made such summits predictable affairs.
You dumb fuck.

You will wind up paying the fucking corporate tax whenever you buy anything made by a corporation. Don't we have enough Democrat inflation already without adding to it?

It will also cause a flood of jobs to be transferred to countries that won't go along with that dumb idea, like Ireland.

I swear you uneducated dumbass Moon Bats don't know anymore about Economics than you know about History, Climate Science, Biology, Ethics or the Constitution.

Fuck giving away the vaccine to foreign shitheads. Make them buy their own. We don't need to provide welfare to the rest of the world.

I thought all the other countries had such great Socialized medicine. If Socialized medicine is as great as you idiot Moon Bats say it is why aren't they proving their own vaccine?

Anybody that voted for Joe Dufus and then ignored the fact he stole the election is an idiot. That is a fact.
What was the economy like and the tax rate like under a Democrat the last time the budget was balanced? Oh Iā€™ll give you a hint.

Clinton signed the Omnibus Budget Reconciliation Act of 1993 into law. This act created a 36 percent to 39.6 percent income tax for high-income individuals in the top 1.2% of wage earners. Businesses were given an income tax rate of 35%.
There are many reasons for the balanced budget in the 1990's. One of them was the peak spending of the Baby Boomers. They slowed down the last year of Clinton's time in office. And make no mistake about it, the Contract with America from the 1994 Repubs saved Clinton's butt. And without Ross Perot he never would have been elected. Twice!


Another thing that caused a good economy in that era.

The computer became widespread in business worldwide, which resulted in a tremendous increase in productivity, not only in the US but all over the world.

Slick Willy was a scumbag and an idiot but he lucked out when he inherited Reagan's great economy, the tech boom and computer productivity.

In addition the Republican Congress prevented him from fucking everything up like he wanted to do.
Tax rate was 35% for corps and top earner was. Over 39% and the economy was humming. Fear mongering of rich people and corps so that you people of moderate means fight it out for them is the greatest trick the devil ever made. Youā€™re not thinking. I am a .5%er. I have skin in the game. Tax rates need to be higher and spending lower. Itā€™s math.


You are confused Moon Bat.

We tax far too much in this country. The fucking government doesn't need more revenue to waste. We need to spend far less. The Federal government is bloated, debt ridden and out of contrl and we shouldn't be feeding that monster with more money like you idiot Libtards want to do. Americans need to keep more of the money they earn rather than give it to some asshole government bureaucracy that waste the money.

Stop with your Socialist bullshit. It just makes you look like an idiot.
You need both. More income less spending. There is a proven algorithm developed in the 90ā€™s under Clinton.


No moron. We never need more income.

We need to stop a lot of the goddamn spending and have lower taxes for everybody. We could have a great Federal government for about 1/4th the money we spend now.
How are you going to do that given the staggering structural deficits already built into the Federal Budget, you have debt service, you have entitlements (mandatory spending) and you have a stunning lack of investment. Not to mention the fact that MUCH of the economy is reliant on Federal spending, what about all the labor force thatā€™s dependent on it? what are you going to do about them? Kick ā€˜em to the curb and just tell ā€˜em good luck finding a new career? Or are you wanting to fund their living on the public dole?

Even if you eliminated ALL of the discretionary spending (around $1.5 trillion) that would only account for 50% of the 2021 projected budget deficit, granted thatā€™s including the impacts of COVID, but going forward it still wouldnā€™t account for more than a small budget surplus and you would be left with ZERO national defense, ZERO education budget, ZERO infrastructure spending, ZERO federal law enforcement and on and on.

Iā€™m all for it if you can figure out a way to shrink the Federal Government to 1/4 itā€™s current size without causing a massive disruption to the economy and a drastic drop in the standard of living for most of the population while doing it.


That "staggering" deficit is the result of decades and decades of bloated out of control Federal spending and we need to first put a stop to that.

The way that a family pays off debt to stop going into more debt and then cut back on spending and use that money to pay off the credit cards.

The fucking federal government should do the same.

A few years ago Ron Paul suggested a Federal budget that would cut spending a trillion a year while maintaining many of the necessary government functions. A trillion a year would be a nice year payment on the debt, wouldn't it? That trillion a year would be a good start and we could continue to reduce the size of the bloated government.

Do away with all welfare, subsidies, entitlements, grants, foreign aid and unnecessary government agencies. get down to the basics, pay off debt and then reduce taxes. The economy would boom then. That is the only sane thing to do. Anything else is stupidity.


Paul proposes $1T in specific cuts

I didnā€™t say ā€œstaggering deficitā€ what I said was ā€œstaggering STRUCTURAL deficitsā€, that is deficits that are essentially on auto pilot, primarily DEBT SERVICE (interest payments) and MANDATORY SPENDING (e.g. Social Security, Medicare and Federal Pensions).

You have to address all of the issues that I raised before you can seriously propose a way to begin reducing the size of the federal government, there is no silver bullet, I wish there were but there isnā€™t.

.. and with all due respect to Dr. Paul his plan wasnā€™t and still isnā€™t workable because there is NO POLITICAL WILL IN THE DUOPOLY to do anything close to what he proposes.

The fact of the matter is, after thinking about our situation for a long time and doing a lot of homework (including paying A LOT of attention to the warnings of people like Dr. Paul), I can arrive at only one conclusion, our reckless financial idiocy wonā€™t stop until economic reality forces it to (destruction of our currency) and then itā€™ll be too late to save ourselves from all of the dire consequences that will follow.

In the meantime, Iā€™ve found it more productive to try and focus on what is practical.


You are confused about this Moon Bat.

I will explain it to you in simple terms that even an uneducated Moon Bat could understand.

The size of our government is too large. It is bloated and inefficient.

Americans are taxed too much to pay for that bloated out of control government.

Our children are deep in debt for that bloated out of control government.

Those taxes take money out of the productive economy that harms economic growth.

We need to cut back on the size of the government.

We need to stop spending so much money at the Federal level.

We need to stop all welfare, subsidies, grants, entitlements, foreign aid and unnecessary Federal level departments.

I gave a little example of how we can start the process by Paul's "Restore America" budget that would cut back on spending $1 trillion a year.

We need to do much more than that but it is a good start.

Your idiotic mindset that the government has to be this large is just an example of the stupidity that led us to having a $5 trillion a year budget and being almost $30 trillion in debt.

You stupid uneducated Moon Bats don't know any more about Economics than you know about History, Climate Science, Biology, Ethics or the Constitution. You sure as hell don't know anything about fiscal responsibility, do you?
Bullshit. The tax rate is lower on those who can pay than ever before. Debt under trump during a great economy shows you right wing idiots donā€™t know how to run an economy. Clinton had a balanced budget. Obama inherited an economic disaster and fixed it but it was expensive. Before and after those guys Republicans ran up expenses and reduced the rates of revenue while stewarding the largest wealth transfer from middle class to the wealthy in world history.


Bullshit Moon Bat!

We take about $3.5 trillion out of the economy every year to support this bloated Federal government and then go borrow a shitload more. That shithead Joe Dufus wants to even make it more.

Because you don't know a goddamn thing about Economics you have no idea of the damage that does to our productive economy, do you?

The States and Locals take out close to a like amount. The combined cost of government in this fucking country is more than the GDP of all be a couple or three other countries in the world. Does that tell your uneducated mind anything?

Those taxes are all flowed down either directly or indirectly to all Americans one way or another. For instance, that stupid oppressive Corportate tax drives up the cost of goods and services provided by the corporations and we all pay it when we buy the products. Of course you uneducated Moon Bats are too dumb to know things like that, aren't you?

People like you and you ignorant mindset on the role of government is the reason we are in the mess we are in now. Shame on you! You have fucked this country and you are too stupid as to know the reason why.
First. No one in the country thinks the current expense level is reasonable. No one.

Second. There are a million different formulas to acquire revenue for governing this nation. The fact is the wealthy are not paying their fair share. Iā€™m open to discussing any options including eliminating all corporate taxes but replacing them with taxing greater the income they generate for owners. Iā€™m all ears. One option is not getting rid of all government. Thatā€™s moronic and demonstrates you have no ideas but talking points.


You are really confused about this aren't you?

You filthy little greedy Socialists don't really give a shit about the size of the government or the debt. You assholes just want somebody else to pay for it.

All taxes collected in the country flows down to the people one way or another and are a burden on the economy. If a rich man is taxed a shitload then that money doesn't go towards jobs creating investments or the employment provided by his spending. That is simple economics that you stupid uneducated Moon Bats never never seem to understand. It is the real life Broken Window Theory.

What is insane:

1. Big bloated government
2. Progressive taxation that punishes wealth accumulation
3. Tremendous debt

What is sane

1. Fiscal responsibility
2 Only spending what the government takes in
3. Smallest possible government
4. Low taxation for everybody

The probem is not how we tax people. No matter how you do it there will always be winners and losers. The problem is that we collect too much taxes and that leads to bloated government and harm to our economy.
Ha ha ha ha. You are peddling ā€œtrickle down economicsā€?!?! Holy shit someone get me another relic from the 80ā€™s like a cabbage patch doll.

Your argument is lazy. Itā€™s basically saying ā€œI know, letā€™s not have a government and everyone should just fight it out for themselves with no rules, regulations, responsibilities, or accountabilities, or semblance of societyā€.

How about we have a government that ensures a level playing field for its citizens, mitigates the vast advantages and disadvantages people get from their birth status, and provides the infrastructure for a thriving nation which should include an education and medical infrastructure that works for all its citizens. With basic health and education access provided then you can go out and compete like everyone else based on your abilities.


You are confused Moon Bat

Any person living in this country is better off keeping the money they earned instead of giving it to a stupid bueracrat whose boss is a corrupt politican elected by special interest groups. You Moon Bats are simply too uneducated to understand that.

How about we have a government that rewards productivity and is not a fucking welfare state for all you greedy little freeloaders?

Stop being so damn greedy and envious. it just makes you look like a sorry little asshole.

Lets have a government that is small and is not is not much of a burden on anybody. A government where they don't steal your money and give it away to somebody else like Illegals, inner city Black Democrat voting welfare queens, or California Democrat donors that want to get rich with a bullet train?

Where you pay your bills and I pay mine and we leave the fucking government out of it.

I have never been harmed by a rich man. I have been harmed by the government. Every time I turn around the sonofabitches are stealing my money and either wasting it or giving it away to some welfare queen.

You stupid uneducated Moon Bats think that some rich man is your enemy when in fact it is the government.

You really need to pull your head out of your Libtard ass. You are actually embarrassing yourself trying to defend the indefensible.
 
Last edited:
1623516978112.png
 
I am expecting big things from Bidenā€™s first world leader summit. I bet he doesnā€™t puke on the Japanese leader like Bush nor blow Putin while denying US intelligence briefing reports.

Looking for minimum corporate tax rate and vaccine commitments.


The two biggest outcomes expected from the summit are a shared commitment to a global vaccination effort and an agreement on what the minimum corporate tax rate should be.

Collectively, the countries are committing to providing a billion vaccinations globally to assist people in some of the worldā€™s poorest countries, with Biden announcing Thursday that the United States would contribute half of that total.

MORE: Biden announces US to donate 500M vaccine doses in show of American leadership

On the tax rate, the leaders are expected to collectively endorse a global minimum corporate tax of at least 15%, following up on an agreement met by finance ministers last week, though implementation of such a tax rate ultimately will require approval in each country.

The mood of multilateral cooperation surrounded Biden's debut appearance at the summit, which serves as a stark departure from prior summits in recent years, as former President Donald Trump's skepticism of multilateralism in favor of his "America First" approach to foreign policy rattled the global norms that have long made such summits predictable affairs.
You dumb fuck.

You will wind up paying the fucking corporate tax whenever you buy anything made by a corporation. Don't we have enough Democrat inflation already without adding to it?

It will also cause a flood of jobs to be transferred to countries that won't go along with that dumb idea, like Ireland.

I swear you uneducated dumbass Moon Bats don't know anymore about Economics than you know about History, Climate Science, Biology, Ethics or the Constitution.

Fuck giving away the vaccine to foreign shitheads. Make them buy their own. We don't need to provide welfare to the rest of the world.

I thought all the other countries had such great Socialized medicine. If Socialized medicine is as great as you idiot Moon Bats say it is why aren't they proving their own vaccine?

Anybody that voted for Joe Dufus and then ignored the fact he stole the election is an idiot. That is a fact.
What was the economy like and the tax rate like under a Democrat the last time the budget was balanced? Oh Iā€™ll give you a hint.

Clinton signed the Omnibus Budget Reconciliation Act of 1993 into law. This act created a 36 percent to 39.6 percent income tax for high-income individuals in the top 1.2% of wage earners. Businesses were given an income tax rate of 35%.
There are many reasons for the balanced budget in the 1990's. One of them was the peak spending of the Baby Boomers. They slowed down the last year of Clinton's time in office. And make no mistake about it, the Contract with America from the 1994 Repubs saved Clinton's butt. And without Ross Perot he never would have been elected. Twice!


Another thing that caused a good economy in that era.

The computer became widespread in business worldwide, which resulted in a tremendous increase in productivity, not only in the US but all over the world.

Slick Willy was a scumbag and an idiot but he lucked out when he inherited Reagan's great economy, the tech boom and computer productivity.

In addition the Republican Congress prevented him from fucking everything up like he wanted to do.
Tax rate was 35% for corps and top earner was. Over 39% and the economy was humming. Fear mongering of rich people and corps so that you people of moderate means fight it out for them is the greatest trick the devil ever made. Youā€™re not thinking. I am a .5%er. I have skin in the game. Tax rates need to be higher and spending lower. Itā€™s math.


You are confused Moon Bat.

We tax far too much in this country. The fucking government doesn't need more revenue to waste. We need to spend far less. The Federal government is bloated, debt ridden and out of contrl and we shouldn't be feeding that monster with more money like you idiot Libtards want to do. Americans need to keep more of the money they earn rather than give it to some asshole government bureaucracy that waste the money.

Stop with your Socialist bullshit. It just makes you look like an idiot.
You need both. More income less spending. There is a proven algorithm developed in the 90ā€™s under Clinton.


No moron. We never need more income.

We need to stop a lot of the goddamn spending and have lower taxes for everybody. We could have a great Federal government for about 1/4th the money we spend now.
How are you going to do that given the staggering structural deficits already built into the Federal Budget, you have debt service, you have entitlements (mandatory spending) and you have a stunning lack of investment. Not to mention the fact that MUCH of the economy is reliant on Federal spending, what about all the labor force thatā€™s dependent on it? what are you going to do about them? Kick ā€˜em to the curb and just tell ā€˜em good luck finding a new career? Or are you wanting to fund their living on the public dole?

Even if you eliminated ALL of the discretionary spending (around $1.5 trillion) that would only account for 50% of the 2021 projected budget deficit, granted thatā€™s including the impacts of COVID, but going forward it still wouldnā€™t account for more than a small budget surplus and you would be left with ZERO national defense, ZERO education budget, ZERO infrastructure spending, ZERO federal law enforcement and on and on.

Iā€™m all for it if you can figure out a way to shrink the Federal Government to 1/4 itā€™s current size without causing a massive disruption to the economy and a drastic drop in the standard of living for most of the population while doing it.


That "staggering" deficit is the result of decades and decades of bloated out of control Federal spending and we need to first put a stop to that.

The way that a family pays off debt to stop going into more debt and then cut back on spending and use that money to pay off the credit cards.

The fucking federal government should do the same.

A few years ago Ron Paul suggested a Federal budget that would cut spending a trillion a year while maintaining many of the necessary government functions. A trillion a year would be a nice year payment on the debt, wouldn't it? That trillion a year would be a good start and we could continue to reduce the size of the bloated government.

Do away with all welfare, subsidies, entitlements, grants, foreign aid and unnecessary government agencies. get down to the basics, pay off debt and then reduce taxes. The economy would boom then. That is the only sane thing to do. Anything else is stupidity.


Paul proposes $1T in specific cuts

I didnā€™t say ā€œstaggering deficitā€ what I said was ā€œstaggering STRUCTURAL deficitsā€, that is deficits that are essentially on auto pilot, primarily DEBT SERVICE (interest payments) and MANDATORY SPENDING (e.g. Social Security, Medicare and Federal Pensions).

You have to address all of the issues that I raised before you can seriously propose a way to begin reducing the size of the federal government, there is no silver bullet, I wish there were but there isnā€™t.

.. and with all due respect to Dr. Paul his plan wasnā€™t and still isnā€™t workable because there is NO POLITICAL WILL IN THE DUOPOLY to do anything close to what he proposes.

The fact of the matter is, after thinking about our situation for a long time and doing a lot of homework (including paying A LOT of attention to the warnings of people like Dr. Paul), I can arrive at only one conclusion, our reckless financial idiocy wonā€™t stop until economic reality forces it to (destruction of our currency) and then itā€™ll be too late to save ourselves from all of the dire consequences that will follow.

In the meantime, Iā€™ve found it more productive to try and focus on what is practical.


You are confused about this Moon Bat.

I will explain it to you in simple terms that even an uneducated Moon Bat could understand.

The size of our government is too large. It is bloated and inefficient.

Americans are taxed too much to pay for that bloated out of control government.

Our children are deep in debt for that bloated out of control government.

Those taxes take money out of the productive economy that harms economic growth.

We need to cut back on the size of the government.

We need to stop spending so much money at the Federal level.

We need to stop all welfare, subsidies, grants, entitlements, foreign aid and unnecessary Federal level departments.

I gave a little example of how we can start the process by Paul's "Restore America" budget that would cut back on spending $1 trillion a year.

We need to do much more than that but it is a good start.

Your idiotic mindset that the government has to be this large is just an example of the stupidity that led us to having a $5 trillion a year budget and being almost $30 trillion in debt.

You stupid uneducated Moon Bats don't know any more about Economics than you know about History, Climate Science, Biology, Ethics or the Constitution. You sure as hell don't know anything about fiscal responsibility, do you?
Bullshit. The tax rate is lower on those who can pay than ever before. Debt under trump during a great economy shows you right wing idiots donā€™t know how to run an economy. Clinton had a balanced budget. Obama inherited an economic disaster and fixed it but it was expensive. Before and after those guys Republicans ran up expenses and reduced the rates of revenue while stewarding the largest wealth transfer from middle class to the wealthy in world history.


Bullshit Moon Bat!

We take about $3.5 trillion out of the economy every year to support this bloated Federal government and then go borrow a shitload more. That shithead Joe Dufus wants to even make it more.

Because you don't know a goddamn thing about Economics you have no idea of the damage that does to our productive economy, do you?

The States and Locals take out close to a like amount. The combined cost of government in this fucking country is more than the GDP of all be a couple or three other countries in the world. Does that tell your uneducated mind anything?

Those taxes are all flowed down either directly or indirectly to all Americans one way or another. For instance, that stupid oppressive Corportate tax drives up the cost of goods and services provided by the corporations and we all pay it when we buy the products. Of course you uneducated Moon Bats are too dumb to know things like that, aren't you?

People like you and you ignorant mindset on the role of government is the reason we are in the mess we are in now. Shame on you! You have fucked this country and you are too stupid as to know the reason why.
First. No one in the country thinks the current expense level is reasonable. No one.

Second. There are a million different formulas to acquire revenue for governing this nation. The fact is the wealthy are not paying their fair share. Iā€™m open to discussing any options including eliminating all corporate taxes but replacing them with taxing greater the income they generate for owners. Iā€™m all ears. One option is not getting rid of all government. Thatā€™s moronic and demonstrates you have no ideas but talking points.


You are really confused about this aren't you?

You filthy little greedy Socialists don't really give a shit about the size of the government or the debt. You assholes just want somebody else to pay for it.

All taxes collected in the country flows down to the people one way or another and are a burden on the economy. If a rich man is taxed a shitload then that money doesn't go towards jobs creating investments or the employment provided by his spending. That is simple economics that you stupid uneducated Moon Bats never never seem to understand. It is the real life Broken Window Theory.

What is insane:

1. Big bloated government
2. Progressive taxation that punishes wealth accumulation
3. Tremendous debt

What is sane

1. Fiscal responsibility
2 Only spending what the government takes in
3. Smallest possible government
4. Low taxation for everybody

The probem is not how we tax people. No matter how you do it there will always be winners and losers. The problem is that we collect too much taxes and that leads to bloated government and harm to our economy.
Ha ha ha ha. You are peddling ā€œtrickle down economicsā€?!?! Holy shit someone get me another relic from the 80ā€™s like a cabbage patch doll.

Your argument is lazy. Itā€™s basically saying ā€œI know, letā€™s not have a government and everyone should just fight it out for themselves with no rules, regulations, responsibilities, or accountabilities, or semblance of societyā€.

How about we have a government that ensures a level playing field for its citizens, mitigates the vast advantages and disadvantages people get from their birth status, and provides the infrastructure for a thriving nation which should include an education and medical infrastructure that works for all its citizens. With basic health and education access provided then you can go out and compete like everyone else based on your abilities.


You are confused Moon Bat

Any person living in this country is better off keeping the money they earned instead of giving it to a stupid bueracrat whose boss is a corrupt politican elected by special interest groups. You Moon Bats are simply too uneducated to understand that.

How about we have a government that rewards productivity and is not a fucking welfare state for all you greedy little freeloaders?

Stop being so damn greedy and envious. it just makes you look like a sorry little asshole.

Lets have a government that is small is not is not much of a burden on anybody. A government where they don't steal your money and give it away to somebody else like Illegals, inner city Black Democrat voting welfare queens, or Californaia Democrat donors that want to get rich with a bullet train?

Where you pay your bills and I pay mine and we leave the fucking government out of it.

I have never been harmed by a rich man. I have been harmed by the government. Every time I turn around the sonofabitches are stealing my money and either wasting it or giving it away to some welfare queen.

You stupid uneducated Moon Bats think that some rich man is your enemy when in fact it is the government.

You really need to pull your head out of your Libtard ass. You are actually embarrassing yourself trying to defend the indefensible.
Yours is a fake meme. This MFer is real...

05508D51-A9E9-461F-A77F-04E5C5B620F2.jpeg
 
I am expecting big things from Bidenā€™s first world leader summit. I bet he doesnā€™t puke on the Japanese leader like Bush nor blow Putin while denying US intelligence briefing reports.

Looking for minimum corporate tax rate and vaccine commitments.


The two biggest outcomes expected from the summit are a shared commitment to a global vaccination effort and an agreement on what the minimum corporate tax rate should be.

Collectively, the countries are committing to providing a billion vaccinations globally to assist people in some of the worldā€™s poorest countries, with Biden announcing Thursday that the United States would contribute half of that total.

MORE: Biden announces US to donate 500M vaccine doses in show of American leadership

On the tax rate, the leaders are expected to collectively endorse a global minimum corporate tax of at least 15%, following up on an agreement met by finance ministers last week, though implementation of such a tax rate ultimately will require approval in each country.

The mood of multilateral cooperation surrounded Biden's debut appearance at the summit, which serves as a stark departure from prior summits in recent years, as former President Donald Trump's skepticism of multilateralism in favor of his "America First" approach to foreign policy rattled the global norms that have long made such summits predictable affairs.
You dumb fuck.

You will wind up paying the fucking corporate tax whenever you buy anything made by a corporation. Don't we have enough Democrat inflation already without adding to it?

It will also cause a flood of jobs to be transferred to countries that won't go along with that dumb idea, like Ireland.

I swear you uneducated dumbass Moon Bats don't know anymore about Economics than you know about History, Climate Science, Biology, Ethics or the Constitution.

Fuck giving away the vaccine to foreign shitheads. Make them buy their own. We don't need to provide welfare to the rest of the world.

I thought all the other countries had such great Socialized medicine. If Socialized medicine is as great as you idiot Moon Bats say it is why aren't they proving their own vaccine?

Anybody that voted for Joe Dufus and then ignored the fact he stole the election is an idiot. That is a fact.
What was the economy like and the tax rate like under a Democrat the last time the budget was balanced? Oh Iā€™ll give you a hint.

Clinton signed the Omnibus Budget Reconciliation Act of 1993 into law. This act created a 36 percent to 39.6 percent income tax for high-income individuals in the top 1.2% of wage earners. Businesses were given an income tax rate of 35%.
There are many reasons for the balanced budget in the 1990's. One of them was the peak spending of the Baby Boomers. They slowed down the last year of Clinton's time in office. And make no mistake about it, the Contract with America from the 1994 Repubs saved Clinton's butt. And without Ross Perot he never would have been elected. Twice!


Another thing that caused a good economy in that era.

The computer became widespread in business worldwide, which resulted in a tremendous increase in productivity, not only in the US but all over the world.

Slick Willy was a scumbag and an idiot but he lucked out when he inherited Reagan's great economy, the tech boom and computer productivity.

In addition the Republican Congress prevented him from fucking everything up like he wanted to do.
Tax rate was 35% for corps and top earner was. Over 39% and the economy was humming. Fear mongering of rich people and corps so that you people of moderate means fight it out for them is the greatest trick the devil ever made. Youā€™re not thinking. I am a .5%er. I have skin in the game. Tax rates need to be higher and spending lower. Itā€™s math.


You are confused Moon Bat.

We tax far too much in this country. The fucking government doesn't need more revenue to waste. We need to spend far less. The Federal government is bloated, debt ridden and out of contrl and we shouldn't be feeding that monster with more money like you idiot Libtards want to do. Americans need to keep more of the money they earn rather than give it to some asshole government bureaucracy that waste the money.

Stop with your Socialist bullshit. It just makes you look like an idiot.
You need both. More income less spending. There is a proven algorithm developed in the 90ā€™s under Clinton.
Our spending is fine. We are right in the middle, for first world countries (compared to GDP). Where we are an embarrassment and dead last is our tax revenue.
 
I am expecting big things from Bidenā€™s first world leader summit. I bet he doesnā€™t puke on the Japanese leader like Bush nor blow Putin while denying US intelligence briefing reports.

Looking for minimum corporate tax rate and vaccine commitments.


The two biggest outcomes expected from the summit are a shared commitment to a global vaccination effort and an agreement on what the minimum corporate tax rate should be.

Collectively, the countries are committing to providing a billion vaccinations globally to assist people in some of the worldā€™s poorest countries, with Biden announcing Thursday that the United States would contribute half of that total.

MORE: Biden announces US to donate 500M vaccine doses in show of American leadership

On the tax rate, the leaders are expected to collectively endorse a global minimum corporate tax of at least 15%, following up on an agreement met by finance ministers last week, though implementation of such a tax rate ultimately will require approval in each country.

The mood of multilateral cooperation surrounded Biden's debut appearance at the summit, which serves as a stark departure from prior summits in recent years, as former President Donald Trump's skepticism of multilateralism in favor of his "America First" approach to foreign policy rattled the global norms that have long made such summits predictable affairs.
Only a groveling bootlicker would support a global minimum corporate tax.
 
I expect great progress here.
What exactly is this "great progress" you're expecting?
TBH, it sounds like the typical leftist cheerleading: no details, just feel-good rhetoric.
I put it in the OP. Typical right wingers. Canā€™t read or follow logic. FYI no one is being reinstated. Lol.
"Minimum corporate tax rate and vaccine commitments"? Those are "great progress" to you?
Great progress towards what, one world government? Marxist wealth redistribution? Inflation? Lol.
F'n simpletons.
Saving billions of lives and opening fair business practices. Iā€™ll say thatā€™s huge!
What's "fair" about a minimum corporate tax?
 
I am expecting big things from Bidenā€™s first world leader summit. I bet he doesnā€™t puke on the Japanese leader like Bush nor blow Putin while denying US intelligence briefing reports.

Looking for minimum corporate tax rate and vaccine commitments.


The two biggest outcomes expected from the summit are a shared commitment to a global vaccination effort and an agreement on what the minimum corporate tax rate should be.

Collectively, the countries are committing to providing a billion vaccinations globally to assist people in some of the worldā€™s poorest countries, with Biden announcing Thursday that the United States would contribute half of that total.

MORE: Biden announces US to donate 500M vaccine doses in show of American leadership

On the tax rate, the leaders are expected to collectively endorse a global minimum corporate tax of at least 15%, following up on an agreement met by finance ministers last week, though implementation of such a tax rate ultimately will require approval in each country.

The mood of multilateral cooperation surrounded Biden's debut appearance at the summit, which serves as a stark departure from prior summits in recent years, as former President Donald Trump's skepticism of multilateralism in favor of his "America First" approach to foreign policy rattled the global norms that have long made such summits predictable affairs.
You dumb fuck.

You will wind up paying the fucking corporate tax whenever you buy anything made by a corporation. Don't we have enough Democrat inflation already without adding to it?

It will also cause a flood of jobs to be transferred to countries that won't go along with that dumb idea, like Ireland.

I swear you uneducated dumbass Moon Bats don't know anymore about Economics than you know about History, Climate Science, Biology, Ethics or the Constitution.

Fuck giving away the vaccine to foreign shitheads. Make them buy their own. We don't need to provide welfare to the rest of the world.

I thought all the other countries had such great Socialized medicine. If Socialized medicine is as great as you idiot Moon Bats say it is why aren't they proving their own vaccine?

Anybody that voted for Joe Dufus and then ignored the fact he stole the election is an idiot. That is a fact.
What was the economy like and the tax rate like under a Democrat the last time the budget was balanced? Oh Iā€™ll give you a hint.

Clinton signed the Omnibus Budget Reconciliation Act of 1993 into law. This act created a 36 percent to 39.6 percent income tax for high-income individuals in the top 1.2% of wage earners. Businesses were given an income tax rate of 35%.
There are many reasons for the balanced budget in the 1990's. One of them was the peak spending of the Baby Boomers. They slowed down the last year of Clinton's time in office. And make no mistake about it, the Contract with America from the 1994 Repubs saved Clinton's butt. And without Ross Perot he never would have been elected. Twice!


Another thing that caused a good economy in that era.

The computer became widespread in business worldwide, which resulted in a tremendous increase in productivity, not only in the US but all over the world.

Slick Willy was a scumbag and an idiot but he lucked out when he inherited Reagan's great economy, the tech boom and computer productivity.

In addition the Republican Congress prevented him from fucking everything up like he wanted to do.
Tax rate was 35% for corps and top earner was. Over 39% and the economy was humming. Fear mongering of rich people and corps so that you people of moderate means fight it out for them is the greatest trick the devil ever made. Youā€™re not thinking. I am a .5%er. I have skin in the game. Tax rates need to be higher and spending lower. Itā€™s math.


You are confused Moon Bat.

We tax far too much in this country. The fucking government doesn't need more revenue to waste. We need to spend far less. The Federal government is bloated, debt ridden and out of contrl and we shouldn't be feeding that monster with more money like you idiot Libtards want to do. Americans need to keep more of the money they earn rather than give it to some asshole government bureaucracy that waste the money.

Stop with your Socialist bullshit. It just makes you look like an idiot.
You need both. More income less spending. There is a proven algorithm developed in the 90ā€™s under Clinton.
Our spending is fine. We are right in the middle, for first world countries (compared to GDP). Where we are an embarrassment and dead last is our tax revenue.
So we should spend like there's no tomorrow because other spendthrift European countries are stupid?
 
You guys wouldnā€™t recognize progress if iit inoculated a billion people before your eyes. I expect great progress here.
I expect a great leap forward for the transfer of wealth and socialism.
That's what the Great Reset will be.
 
I am expecting big things from Bidenā€™s first world leader summit. I bet he doesnā€™t puke on the Japanese leader like Bush nor blow Putin while denying US intelligence briefing reports.

Looking for minimum corporate tax rate and vaccine commitments.


The two biggest outcomes expected from the summit are a shared commitment to a global vaccination effort and an agreement on what the minimum corporate tax rate should be.

Collectively, the countries are committing to providing a billion vaccinations globally to assist people in some of the worldā€™s poorest countries, with Biden announcing Thursday that the United States would contribute half of that total.

MORE: Biden announces US to donate 500M vaccine doses in show of American leadership

On the tax rate, the leaders are expected to collectively endorse a global minimum corporate tax of at least 15%, following up on an agreement met by finance ministers last week, though implementation of such a tax rate ultimately will require approval in each country.

The mood of multilateral cooperation surrounded Biden's debut appearance at the summit, which serves as a stark departure from prior summits in recent years, as former President Donald Trump's skepticism of multilateralism in favor of his "America First" approach to foreign policy rattled the global norms that have long made such summits predictable affairs.
You dumb fuck.

You will wind up paying the fucking corporate tax whenever you buy anything made by a corporation. Don't we have enough Democrat inflation already without adding to it?

It will also cause a flood of jobs to be transferred to countries that won't go along with that dumb idea, like Ireland.

I swear you uneducated dumbass Moon Bats don't know anymore about Economics than you know about History, Climate Science, Biology, Ethics or the Constitution.

Fuck giving away the vaccine to foreign shitheads. Make them buy their own. We don't need to provide welfare to the rest of the world.

I thought all the other countries had such great Socialized medicine. If Socialized medicine is as great as you idiot Moon Bats say it is why aren't they proving their own vaccine?

Anybody that voted for Joe Dufus and then ignored the fact he stole the election is an idiot. That is a fact.
What was the economy like and the tax rate like under a Democrat the last time the budget was balanced? Oh Iā€™ll give you a hint.

Clinton signed the Omnibus Budget Reconciliation Act of 1993 into law. This act created a 36 percent to 39.6 percent income tax for high-income individuals in the top 1.2% of wage earners. Businesses were given an income tax rate of 35%.
That had nothing to do with balancing the budget, moron. The peace dividend is the only thing that allowed the Republican Congress to bring spending down. You can thank Reagan for the peace dividend
 
I am expecting big things from Bidenā€™s first world leader summit. I bet he doesnā€™t puke on the Japanese leader like Bush nor blow Putin while denying US intelligence briefing reports.

Looking for minimum corporate tax rate and vaccine commitments.


The two biggest outcomes expected from the summit are a shared commitment to a global vaccination effort and an agreement on what the minimum corporate tax rate should be.

Collectively, the countries are committing to providing a billion vaccinations globally to assist people in some of the worldā€™s poorest countries, with Biden announcing Thursday that the United States would contribute half of that total.

MORE: Biden announces US to donate 500M vaccine doses in show of American leadership

On the tax rate, the leaders are expected to collectively endorse a global minimum corporate tax of at least 15%, following up on an agreement met by finance ministers last week, though implementation of such a tax rate ultimately will require approval in each country.

The mood of multilateral cooperation surrounded Biden's debut appearance at the summit, which serves as a stark departure from prior summits in recent years, as former President Donald Trump's skepticism of multilateralism in favor of his "America First" approach to foreign policy rattled the global norms that have long made such summits predictable affairs.
At $1.95 Billion per 100 million dose you talking what $9.75 billion from taxpayers to foreigners again? Gee sounds like someone is making big bucks off this at taxpayer expense. Talk about corporate welfare.
Globalism to hike taxes---more $$$ and power for corrupt pols.. The major groups of taxes are looking to excerpt power over those not being taxed to death. This isn't something that an individual would push citygator, but political groups who send out trolls.
WhaTs your solution for a connected world that needs vaccines?
Other countries pay their way instead of mooching............or learn to hand wash which is real cure to virus's. Stop having kids that you can't take care of would go a long way in building up those countries money supply and slow the transmission of all diseases.
 
I am expecting big things from Bidenā€™s first world leader summit. I bet he doesnā€™t puke on the Japanese leader like Bush nor blow Putin while denying US intelligence briefing reports.

Looking for minimum corporate tax rate and vaccine commitments.


The two biggest outcomes expected from the summit are a shared commitment to a global vaccination effort and an agreement on what the minimum corporate tax rate should be.

Collectively, the countries are committing to providing a billion vaccinations globally to assist people in some of the worldā€™s poorest countries, with Biden announcing Thursday that the United States would contribute half of that total.

MORE: Biden announces US to donate 500M vaccine doses in show of American leadership

On the tax rate, the leaders are expected to collectively endorse a global minimum corporate tax of at least 15%, following up on an agreement met by finance ministers last week, though implementation of such a tax rate ultimately will require approval in each country.

The mood of multilateral cooperation surrounded Biden's debut appearance at the summit, which serves as a stark departure from prior summits in recent years, as former President Donald Trump's skepticism of multilateralism in favor of his "America First" approach to foreign policy rattled the global norms that have long made such summits predictable affairs.
At $1.95 Billion per 100 million dose you talking what $9.75 billion from taxpayers to foreigners again? Gee sounds like someone is making big bucks off this at taxpayer expense. Talk about corporate welfare.
Globalism to hike taxes---more $$$ and power for corrupt pols.. The major groups of taxes are looking to excerpt power over those not being taxed to death. This isn't something that an individual would push citygator, but political groups who send out trolls.
WhaTs your solution for a connected world that needs vaccines?
Other countries pay their way instead of mooching............or learn to hand wash which is real cure to virus's. Stop having kids that you can't take care of would go a long way in building up those countries money supply and slow the transmission of all diseases.
So you have none. Thanks.
 
I expect great progress here.
What exactly is this "great progress" you're expecting?
TBH, it sounds like the typical leftist cheerleading: no details, just feel-good rhetoric.
I put it in the OP. Typical right wingers. Canā€™t read or follow logic. FYI no one is being reinstated. Lol.
Iā€™m no right winger but old Joe will likely be WORSE than dumb Don, when itā€™s all said and done.
 
I am expecting big things from Bidenā€™s first world leader summit. I bet he doesnā€™t puke on the Japanese leader like Bush nor blow Putin while denying US intelligence briefing reports.

Looking for minimum corporate tax rate and vaccine commitments.


The two biggest outcomes expected from the summit are a shared commitment to a global vaccination effort and an agreement on what the minimum corporate tax rate should be.

Collectively, the countries are committing to providing a billion vaccinations globally to assist people in some of the worldā€™s poorest countries, with Biden announcing Thursday that the United States would contribute half of that total.

MORE: Biden announces US to donate 500M vaccine doses in show of American leadership

On the tax rate, the leaders are expected to collectively endorse a global minimum corporate tax of at least 15%, following up on an agreement met by finance ministers last week, though implementation of such a tax rate ultimately will require approval in each country.

The mood of multilateral cooperation surrounded Biden's debut appearance at the summit, which serves as a stark departure from prior summits in recent years, as former President Donald Trump's skepticism of multilateralism in favor of his "America First" approach to foreign policy rattled the global norms that have long made such summits predictable affairs.


Expecting big things: Lol....uh huh.




 
I am expecting big things from Bidenā€™s first world leader summit. I bet he doesnā€™t puke on the Japanese leader like Bush nor blow Putin while denying US intelligence briefing reports.

Looking for minimum corporate tax rate and vaccine commitments.


The two biggest outcomes expected from the summit are a shared commitment to a global vaccination effort and an agreement on what the minimum corporate tax rate should be.

Collectively, the countries are committing to providing a billion vaccinations globally to assist people in some of the worldā€™s poorest countries, with Biden announcing Thursday that the United States would contribute half of that total.

MORE: Biden announces US to donate 500M vaccine doses in show of American leadership

On the tax rate, the leaders are expected to collectively endorse a global minimum corporate tax of at least 15%, following up on an agreement met by finance ministers last week, though implementation of such a tax rate ultimately will require approval in each country.

The mood of multilateral cooperation surrounded Biden's debut appearance at the summit, which serves as a stark departure from prior summits in recent years, as former President Donald Trump's skepticism of multilateralism in favor of his "America First" approach to foreign policy rattled the global norms that have long made such summits predictable affairs.
At $1.95 Billion per 100 million dose you talking what $9.75 billion from taxpayers to foreigners again? Gee sounds like someone is making big bucks off this at taxpayer expense. Talk about corporate welfare.
Globalism to hike taxes---more $$$ and power for corrupt pols.. The major groups of taxes are looking to excerpt power over those not being taxed to death. This isn't something that an individual would push citygator, but political groups who send out trolls.
WhaTs your solution for a connected world that needs vaccines?
Other countries pay their way instead of mooching............or learn to hand wash which is real cure to virus's. Stop having kids that you can't take care of would go a long way in building up those countries money supply and slow the transmission of all diseases.
So you have none. Thanks.
No...letting them take care of this themselves...is the right answer. They are not the US taxpayers responsibility (if you want to buy them vaccines, YOU pay for it not me) and since the US wouldn't be shelling out cash, big pharma would have to cut their prices for them to buy I am not yours or their momma....
 

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