Big Bend Texas
Platinum Member
- Mar 14, 2022
- 9,242
- 5,228
- 893
Discretionary Spending Breakdown
Defense spending accounts for nearly half of total discretionary spending.
www.pgpf.org
Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature may not be available in some browsers.
Appreciation is the increase in value over what you originally paid for it, that is how you get your adjusted basis for calculating depreciation as I showed.
You will still pay taxes either under capital gains or as income or both depending on the length of time you've owned a property at the time of sale.
Stop talking out of your ass.
Read the wording on the chart you posted idiot.
Provide a link to the source.
You claim since you posted it.Who cares what the original author wanted to claim about food stamps?
That is totally irrelevant to the discussion about the size of defense spending as comparted to federal discretionary spending as a whole.
The only liar here is yourself, I already provided a link to how that basis is adjusted for the depreciation calculation.That is just totally and completely a lie.
When you calculate depreciation, you do so on an annual basis, and it has absolutely NOTHING at all to do with the current value.
The most common form of real estate depreciation is 1/27.5th of the original cost, the straight method.
What you sell if for is totally irrelevant, and you many never sell it, so it current value can never be known.
There is no such thing as "appreciation" in term of taxes.
When you sell for more, that is capital gains, and you pay at the capital gains rate.
When you claim depreciation, that is to allow you to reclaim your initial investment, so you can move on and invest in other things.
The reality is landlords are allowed to quickly recoup most of their investment quickly with an accelerated depreciation schedule, and then can turn around and do a 1031 exchange, "like kind", to swap properties with another landlord, so both can then again fully depreciate on an accelerated schedule. This can be done infinitely.
"Discretionary".
You really thought nobody would notice you now changing the bar?
You said it made up 65% of the budget.
You still need to supply a link to the source for your chart. Otherwise for all we know you pulled it out of your ass and can't support it.
I enjoyed all the free monies under Trump.It started when he and the other commies passed a bill to pay workers more money to stay home than work. The bill funded additional unemployment benefits for a half of 2021. When employers have to compete with government for workers, that increases the cost of their products and services which get passed on to us, thus inflation.
When fuel began to increase, so did the cost of transportation of goods. Utilities like natural gas, propane and electricity added additional pressure to our labor and supply chain problems. You seen how much your bill went up to stay warm last winter. Imagine how much more money it took to heat a building of 200 employees!
Then when you add the borrowing of money for leftist pet projects like tearing down a bridge and rebuilding it because it's deemed racist, you have all the makings for an 8.5% inflation rate, and it's all leftist policies that created it.
You are now continuing to backpeddle and lie.The federal budge as proposed by a president and passed by Congress is ALWAYS ONLY the discretionary spending.
The mandatory spending is not up for anyone to propose or vote on.
For example, no one gets to propose or vote on paying the interest on the national debt, or on social security.
They are OUTSIDE the federal budget, and should never be shown on the budget pie chart.
If they are, then you can tell it is a fake federal spending piece of propaganda.
And since you already started lying, nothing you say is worth even bothering with.
View attachment 647530
Discretionary Spending Breakdown
Defense spending accounts for nearly half of total discretionary spending.www.pgpf.org
You continue lying.And there you go lying again.
For example, your pie chart deliberately tries to lie and make defense spending appear smaller by breaking out #4, "Veterans' Benefits and Services", which obviously should be integral to #1, "defense".
More BS from unidentified and unverifiable source.{...Cost of National Security
What counts as national security depends on your perspective. These embeddable counters track how much the U.S. spends on a variety of programs that protect our future, from military to food assistance. Do our nation's spending choices align with your priorities?www.nationalpriorities.org
Care for Veterans of the War on Terror
Every hour, taxpayers in the United States are paying
$70.09 million for Care for Veterans of the War on Terror.
...
Interest on War Debt
Every hour, taxpayers in the United States are paying
$9.25 million for Interest on War Debt.
...
State Department in War on Terror
Every hour, taxpayers in the United States are paying
$3.31 million for State Department in War on Terror.
...
Homeland Security Costs of War
Every hour, taxpayers in the United States are paying
$3.6 million for Homeland Security Costs of War.
...}
I've been buying houses since 1986 and never found that to be the case.Not really.
The tax laws are set up to the advantage of landlords, who out price individual home buyers.
I've been buying houses since 1986 and never found that to be the case.
How would I know, wow, it's like you think no one but you knows how to read the tax code.Wrong.
If not for competition from landlords, then housing would be much less expensive.
And how would you know unless you were a landlord and knew about all the write offs?
If you were buying your own home, you would have no idea what it would have cost if there were not landlords bidding on it and raising prices?
I've built and bought/sold many homes, none of which were ever bid on by "land Lords".Wrong.
If not for competition from landlords, then housing would be much less expensive.
And how would you know unless you were a landlord and knew about all the write offs?
If you were buying your own home, you would have no idea what it would have cost if there were not landlords bidding on it and raising prices?
You continue lying.
Veterans benefits have never been counting as "Military Spending" because the money does not come from the Military budget.
Quit lying and talking out of your ass and you'll spend far less tine trying to cover it up.
How would I know, wow, it's like you think no one but you knows how to read the tax code.
So not only are you lying you continue moving the bar when each of your lies are exposed.Liar.
None of the money the military costs us come from the military.
It comes from us the taxpayers, and it is the military that causes us to have to pay for things like VA and GIBill.
We should also include all the money we were forced to spend on repairing all the damage the military illegally does, like rebuilding Iraq.