How Dem House of Rep's Can Finish Off Republicans in 2020

[Bootney Lee Farnsworth]

The funny thing is, eliminating tax expenditures is a core conservative principle. It is not a Democratic principle.

We can eliminate Earned income Credit and make it where every person pays something?

 

[g5000]

The funny thing is, eliminating tax expenditures is a core conservative principle. It is not a Democratic principle.

We can eliminate Earned income Credit and make it where every person pays something?

Well, I've said in the past that if you put a gun to my head and forced me to keep one tax expenditure, it would be the earned income credit. That is the only tax expenditure which has been proven to increase productivity.

 

[g5000]

I'd rather eliminate all income taxes entirely, and enact the Fair Tax.

 

[EGR one]

Trump will veto it. There is no way he will allow himself or his criminal family pay more taxes. Not gonna happen.

And that is rhe point. Trump and Republicans will deny citizens a tax break for selfish greedy reasons. The only way Americans will get a break is by getting rid of Trump and Republicans.

Fifty percent of adult Americans do not pay federal income taxes, so your plan would not send them to the poles in any large numbers. Their main tax burden is the payroll taxes.

 

[EGR one]

I'd rather eliminate all income taxes entirely, and enact the Fair Tax.

I agree wholeheartedly. However, it has to be done in one fell swoop, or we will wind up with both.

 

[Aldo Raine]

1. After a "tax cut" the top 10% will pay LESS TAX, hence the term "tax cut". No one cares about their "share" of taxes, its the amount they owe the IRS, and its less after a tax cut. Besides we're not talking about 1981-2003, we're talking about 2018 forward..
2. If the deficit explodes and SS & Medicare are cut, we'll see what the tax rates are then. An ounce of prevention.....

No one cares about their "share" of taxes,

You did, you said it right here, "the GOP cutting taxes expecting the lower 2/3 of incomes to pay the wealthy's way never worked"

What you're saying is, the wealthy are paying a smaller share, the lower 2/3rds have to make up for it, by paying a larger share.

Besides we're not talking about 1981-2003, we're talking about 2018 forward..

Every other cut resulted in the share paid by the top portion, increasing.
I guess it's possible this one time would be different. Why do you think your prediction
failed since 1981, but will be correct now?

Simple question: Is the Budget Deficit getting bigger or smaller? ANS: Bigger.
We need more revenue AND to cut spending to balance the budget. The top rate needs to increase not cut.

We need more revenue AND to cut spending to balance the budget.

Tell you what, let's cut spending 10% a year, for 3 years.
Then we'll think about adding revenue.

Tell you what cut spending and just take away all expenditures for everyone for three years and let's reevaluate.

Start with my tenants since I would have to drastically increase their rent.

And?

 

[Aldo Raine]

I'd rather eliminate all income taxes entirely, and enact the Fair Tax.

I agree wholeheartedly. However, it has to be done in one fell swoop, or we will wind up with both.

Can you explain the fair tax plan in lemans terms. Sounds interesting.

 

[Papageorgio]

No one is going to finish either party off, this type of BS follows every stupid election and is just stupid talk.

Just the nutters fantasizing.

 

[g5000]

I'd rather eliminate all income taxes entirely, and enact the Fair Tax.

I agree wholeheartedly. However, it has to be done in one fell swoop, or we will wind up with both.

Can you explain the fair tax plan in lemans terms. Sounds interesting.

The Fair Tax is a kind of sales tax. However, it provides a "prebate" to offset the regressive nature of sales taxes.

Everyone has to spend a certain amount of money to pay for necessities. Rent/mortgage, food, clothes, etc. The lower your income, the greater percentage of your income these necessities eat up.

For a poor person, the basic necessities may chew up 90 percent of their income.

For a billionaire, the basic necessities may chew up less than 1 percent of their income.

So taxing basic necessities has a much greater impact on poor people than it does on rich people. It may increase the amount of income eaten by necessities to 100 percent for the example I gave above.


To offset this built in unfairness, the Fair Tax provides a "prebate". This is a check from the government which rebates ahead of time (thus, "prebate") the amount of tax you would spend on necessities.

The prebate is the same amount no matter what your income is. A rich person receives the same size prebate as a poor person.

With the regressiveness of a sales tax mitigated, everyone has "skin in the game". We all would have an interest in the tax rate. It would affect every last one of us.

Now let me tell you what I like about the Fair Tax.

First, it is a tax on consumption. Income taxes are a tax on production. The more you tax something, the less of it you get. Therefore, taxes on consumption are superior to taxes on production.

Second, if the people voted in favor of the government giving free puppies to hookers, everyone would have to pay for it with a higher Fair Tax. And that would put a brake on frivolous and specious government spending programs.

Today, we live under a system like this: "Gimme gimme gimme, and make that guy over there pay for it." With the Fair Tax, that comes to a screeching halt.


Of course, as with any tax system, we absolutely must not allow any exceptions/exemptions. Once you allow the tip of the wedge into any tax scheme, mass corruption follows. So no exemptions for milk or baby food. Because the next thing you know, there would be exemptions for yachts and bribes to silence mistresses. Just like the $1.4 TRILLION of tax expenditures we have in our tax scheme today.

Another nice thing about the Fair Tax is that you can't hide a tax hike. It's impossible. Everyone would notice immediately.

 

[bripat9643]

House Democrat's can finish off Republicans in both the Senate and House of Rep's and take back rhe White House opening an opportunity to pack federal courts, including the Supreme Court with overwhelming liberal judges.

Tax reform can change America in one masterful plan. All the House must do is propose large tax cuts for the middle and lower tax brackets and eliminate all the breaks and loopholes going to the super high upper-income folks and obscenely rich. America will love the plan and flock to the voting polls.

Great idea. Let the rich pay for the middle and lower class tax breaks this time. Ir's well past their turn.

They already do, moron. The lower and middle tax brackets don't pay income taxes, so how are you going to cut them?

 

[deltex1]

House Democrat's can finish off Republicans in both the Senate and House of Rep's and take back rhe White House opening an opportunity to pack federal courts, including the Supreme Court with overwhelming liberal judges.

Tax reform can change America in one masterful plan. All the House must do is propose large tax cuts for the middle and lower tax brackets and eliminate all the breaks and loopholes going to the super high upper-income folks and obscenely rich. America will love the plan and flock to the voting polls.

Fortunately Americans are not as stupid as you.

 

[bripat9643]

Trump will veto it. There is no way he will allow himself or his criminal family pay more taxes. Not gonna happen.

He already has, you dumb fuck.

 

[Aldo Raine]

I'd rather eliminate all income taxes entirely, and enact the Fair Tax.

I agree wholeheartedly. However, it has to be done in one fell swoop, or we will wind up with both.

Can you explain the fair tax plan in lemans terms. Sounds interesting.

The Fair Tax is a kind of sales tax. However, it provides a "prebate" to offset the regressive nature of sales taxes.

Everyone has to spend a certain amount of money to pay for necessities. Rent/mortgage, food, clothes, etc. The lower your income, the greater percentage of your income these necessities eat up.

For a poor person, the basic necessities may chew up 90 percent of their income.

For a billionaire, the basic necessities may chew up less than 1 percent of their income.

So taxing basic necessities has a much greater impact on poor people than it does on rich people. It may increase the amount of income eaten by necessities to 100 percent for the example I gave above.


To offset this built in unfairness, the Fair Tax provides a "prebate". This is a check from the government which rebates ahead of time (thus, "prebate") the amount of tax you would spend on necessities.

The prebate is the same amount no matter what your income is. A rich person receives the same size prebate as a poor person.

With the regressiveness of a sales tax mitigated, everyone has "skin in the game". We all would have an interest in the tax rate. It would affect every last one of us.

Now let me tell you what I like about the Fair Tax.

First, it is a tax on consumption. Income taxes are a tax on production. The more you tax something, the less of it you get. Therefore, taxes on consumption are superior to taxes on production.

Second, if the people voted in favor of the government giving free puppies to hookers, everyone would have to pay for it with a higher Fair Tax. And that would put a brake on frivolous and specious government spending programs.

Today, we live under a system like this: "Gimme gimme gimme, and make that guy over there pay for it." With the Fair Tax, that comes to a screeching halt.


Of course, as with any tax system, we absolutely must not allow any exceptions/exemptions. Once you allow the tip of the wedge into any tax scheme, mass corruption follows. So no exemptions for milk or baby food. Because the next thing you know, there would be exemptions for yachts and bribes to silence mistresses. Just like the $1.4 TRILLION of tax expenditures we have in our tax scheme today.

Another nice thing about the Fair Tax is that you can't hide a tax hike. It's impossible. Everyone would notice immediately.

Got it, sort of. The more you spend the more you would pay in taxes. I am assuming there are no expenditures of any kind for anyone.

 

[Aldo Raine]

Trump will veto it. There is no way he will allow himself or his criminal family pay more taxes. Not gonna happen.

He already has, you dumb fuck.

Try again, he just signed a tax bill last year that will save him and his crime family millions!

 

[conserveguy877]

House Democrat's can finish off Republicans in both the Senate and House of Rep's and take back rhe White House opening an opportunity to pack federal courts, including the Supreme Court with overwhelming liberal judges.

Tax reform can change America in one masterful plan. All the House must do is propose large tax cuts for the middle and lower tax brackets and eliminate all the breaks and loopholes going to the super high upper-income folks and obscenely rich. America will love the plan and flock to the voting polls.

Parroting that crazy eyed socialist girl I see. I can't wait till the house turns into a circus all thanks to Pelosi.

 

[bripat9643]

Trump will veto it. There is no way he will allow himself or his criminal family pay more taxes. Not gonna happen.

He already has, you dumb fuck.

Try again, he just signed a tax bill last year that will save him and his crime family millions!

No it won't, moron. It increased his taxes. For one thing, terminating the SLT exemption means he pays a lot more in taxes on all his NY real estate he owns.

You'll believe anything the party tells you to believe, don't you, dumbass?

 

[BULLDOG]

Um guy, if they were so popular among the middle class, the dems wouldn't have been landslided in 1994. You don't need to lie about what really happened in the 1990's.

We know what happened in the 1990's... Clinton gave us prosperity, and you shits impeached him over a blow job.

We got prosperity and balanced budgets because of the Dot Com Boom, Joey!

Yes, yes, the mysterious "Dot Com" boom.... you guys keep telling yourself that myth....

Clinton gave us an awesome economy, and then Bush came along, fucked it up, gave us war, recessions and trillion dollar deficits... and you guys thought that was awesome...

...because you are fucking stupid.

He got impeached for lying under oath...not for a blow job. We have this "silly" rule that says when you are sworn to tell the truth and you don't...you get in trouble! It's kind of what our whole legal system is based on. The Clinton's never seemed to grasp the whole "truth" thing though...

Oh, so now the Dot Com Boom is a "myth"? It wasn't what caused that booming economy back then? Really, Joey? So what DID cause all of that economic growth?

The economy was already headed down before Clinton left office. The war that you claim Bush "gave" us was already being planned by Osama bin Laden and would have taken place no matter who followed Clinton into the Oval Office! You'd know that if you weren't such an ignorant ideologue!

He was impeached for a blow job. His lie was just the excuse hateful right wingers used. I know that. You know that. Quit lying.

 

[Aldo Raine]

Trump will veto it. There is no way he will allow himself or his criminal family pay more taxes. Not gonna happen.

He already has, you dumb fuck.

Try again, he just signed a tax bill last year that will save him and his crime family millions!

No it won't, moron. It increased his taxes. For one thing, terminating the SLT exemption means he pays a lot more in taxes on all his NY real estate he owns.

You'll believe anything the party tells you to believe, don't you, dumbass?

He grabbed about how my h he saved himself and his rich pals!

 

[LordBrownTrout]

No, it was because clinton had to flip flop on taxes and reduce, along with working with a republican congress. Thats why it boomed.

Not really... the "Contract on America" went nowhere....

We had an economic boom because of things the Repubicans were dead set against. Mostly making the rich pay their fair share and showing fiscal responsibility.

The Dangerous Myth About The Bill Clinton Tax Increase

Its amazing how much they try to whitewash history and what really happened.

 

[bripat9643]

Trump will veto it. There is no way he will allow himself or his criminal family pay more taxes. Not gonna happen.

He already has, you dumb fuck.

Try again, he just signed a tax bill last year that will save him and his crime family millions!

No it won't, moron. It increased his taxes. For one thing, terminating the SLT exemption means he pays a lot more in taxes on all his NY real estate he owns.

You'll believe anything the party tells you to believe, don't you, dumbass?

He grabbed about how my h he saved himself and his rich pals!

I think you mean "bragged," and no he didn't. He bragged about precisely the opposite.

You're a fucking dumbass who doesn't know shit about anything.