Trump tax plans could exempt 93 million Americans from income taxes

[IM2]

Thanks for admitting that Trump tax cuts aren't just for the rich.

The trump tax cuts not for the rich expire this year.

 

[JWBooth]

Now, what is needed is a scheme to exempt the rest from income taxes.

 

[Seymour Flops]

And what exactly is the depenent class? CEOS who get corporate welfare? Farmers who get subsidies? Landowners of National preserved land?

Yes, they are all part of the dependency class except I’m not sure what you mean by landowners of national preserved land.

But all of those still pay taxes. I’m talking about the hard-core dependency class living on welfare now third and fourth generation. Any “taxes” they pay, like on a bottle of Ripple or a pack o’ Kools is paid for out of the money that they are given for free so I don’t really count that as making them a “taxpayer.”

Do you?

 

[GMCGeneral]

Now, what is needed is a scheme to exempt the rest from income taxes.

Repealing the 16th Amendment would be a great start.

 

[Admiral Rockwell Tory]

Which is next to nothing.

So why pay taxes on nothing?

 

[GMCGeneral]

Yes, they are all part of the dependency class except I’m not sure what you mean by landowners of national preserved land.

But all of those still pay taxes. I’m talking about the hard-core dependency class living on welfare now third and fourth generation. Any “taxes” they pay, like on a bottle of Ripple or a pack o’ Kools is paid for out of the money that they are given for free so I don’t really count that as making them a “taxpayer.”

Do you?

Wait, didn't the 1996 Welfare Reform Act eliminate intergenerational welfare by capping lifetime benefits to five years?

 

[initforme]

If the platform is for tax cuts for only the lower and middle class I will vote.

 

[Seymour Flops]

Wait, didn't the 1996 Welfare Reform Act eliminate intergenerational welfare by capping lifetime benefits to five years?

Wait, were you serious?

 

[GMCGeneral]

Wait, were you serious?

As a heart attack. IIRC, Clintoon and the rest of the Democrats were dragged to the table kicking and screaming.

 

[IM2]

Yes, they are all part of the dependency class except I’m not sure what you mean by landowners of national preserved land.

But all of those still pay taxes. I’m talking about the hard-core dependency class living on welfare now third and fourth generation. Any “taxes” they pay, like on a bottle of Ripple or a pack o’ Kools is paid for out of the money that they are given for free so I don’t really count that as making them a “taxpayer.”

Do you?

Wrong. All those I mentioned are getting free money just like the poor on wefare. There aren't any 3rd or fourth generation welfare recipients. That was ended by PRWORA. You can only get welfare for 5 years total. So how about those who get corporate welfare pay a living wage so people can become tax payers?

 

[Seymour Flops]

As a heart attack. IIRC, Clintoon and the rest of the Democrats were dragged to the table kicking and screaming.

Right. After he promised to “end welfare as we know it.”

It didn’t work. I believe Obama’s stimulus packages included funds for long term welfare.

The limits only applied to TANF, not all welfare.

Plus no one was cut off who had no way to support themselves or we’d of seen story after story of their plight.

Here’s what AI says:

The length of time someone can receive welfare benefits depends on a number of factors, including whether they are subject to time limits and their individual circumstances:

• Time limits
  The Temporary Aid to Needy Families (TANF) program, which replaced the Aid to Families with Dependent Children (AFDC) program in 1996, limits federally-funded benefits to 60 months per lifetime. However, not all families on welfare are subject to this limit, and many states have imposed shorter time limits.
  
  
  
  
  
  
• Eligibility
  People who are living under the poverty threshold, are children, are Black, are in female-householder families, have less than a high school degree, or are not in the labor force are more likely to be long-term participants in means-tested assistance programs.
  
  
  
  
• Individual circumstances
  The length of time someone receives assistance can vary depending on their individual circumstances, such as whether they entered poverty due to a decrease in their household's income or because a woman became the head of household. Children born into poverty are also particularly likely to remain poor

 

[Seymour Flops]

Wrong. All those I mentioned are getting free money just like the poor on wefare. There aren't any 3rd or fourth generation welfare recipients. That was ended by PRWORA. You can only get welfare for 5 years total. So how about those who get corporate welfare pay a living wge so people can become tax payers?

Wrong.

See above.

 

[initforme]

Poor people getting welfare isn't an issue.

 

[ThisIsMe]

Cut government spending and we won’t have a need for all this tax revenue.

 

[Care4all]

Sounds cool to me.

How many times must I be taxed for the sweat of my brow only to have it given to the most undeserving both here and abroad?

About time we had a POTUS looking out for us.

Is super high inflation good or bad?

 

[IM2]

Right. After he promised to “end welfare as we know it.”

It didn’t work. I believe Obama’s stimulus packages included funds for long term welfare.

The limits only applied to TANF, not all welfare.

Plus no one was cut off who had no way to support themselves or we’d of seen story after story of their plight.

Here’s what AI says:

The length of time someone can receive welfare benefits depends on a number of factors, including whether they are subject to time limits and their individual circumstances:

• Time limits
  The Temporary Aid to Needy Families (TANF) program, which replaced the Aid to Families with Dependent Children (AFDC) program in 1996, limits federally-funded benefits to 60 months per lifetime. However, not all families on welfare are subject to this limit, and many states have imposed shorter time limits.
  
  
  
  
  
  
• Eligibility
  People who are living under the poverty threshold, are children, are Black, are in female-householder families, have less than a high school degree, or are not in the labor force are more likely to be long-term participants in means-tested assistance programs.
  
  
  
  
• Individual circumstances
  The length of time someone receives assistance can vary depending on their individual circumstances, such as whether they entered poverty due to a decrease in their household's income or because a woman became the head of household. Children born into poverty are also particularly likely to remain poor

Welfare for the Well-Off: How Business Subsidies Fleece Taxpayers​

Federal subsidies to U.S. businesses now cost American taxpayers nearly $100 billion a year. If all corporate welfare programs were eliminated, Congress would have enough money to entirely eliminate the capital gains tax and the death tax. Alternatively, Congress could cut the personal and corporate income tax by 10 percent across the board. Either of these alternatives would do far more to enhance the competitiveness of U.S. industry than the current industrial policy approach of trying to help American companies one at a time...

Corporate welfare has all the systemic debilitating effects, including dependency and self-destructive behavior, that characterized the troubled legacy of the Great Society social welfare agencies. Just as the social welfare state became a pernicious, self-perpetuating industry inside Washington, so it is today with the corporate welfare state.

Welfare for the Well-Off: How Business Subsidies Fleece Taxpayers

Federal subsidies to U.S. businesses now cost American taxpayers nearly $100 billion a year. If all corporate welfare programs were eliminated, Congress would have enough money to entirely eliminate the capital gains tax and the death tax. Alternatively, Congress could cut the personal and...

www.hoover.org

“The American government spends more on corporate welfare than it does on food stamps and financial assistance for needy families with children.”

https://discover.hubpages.com/politics/welfareinequality

The biggest dependent class are those who get corporate welfare. You make excuses for them.

 

[Care4all]

This 'tariffs on all' plan is nothing but a reverse Robinhood imo....putting most of the tax burden on the masses, all the consumers, many who right now don't earn enough in taxable income to pay much in income taxes....

 

[IM2]

Cut government spending and we won’t have a need for all this tax revenue.

Foolishness. What do you propose gets cut and what do you replace the service with?

 

[IM2]

This 'tariffs on all' plan is nothing but a reverse Robinhood imo....putting most of the tax burden on the masses, all the consumers, many who right now don't earn enough in taxable income to pay much in income taxes....

This is what happens when a spoiled brat whose never had to worry about bills is running for presdent. The man has filed for bankruptcy 6 times and people want to put him in charge of the country.

 

[EvilEyeFleegle]

..And then, of course, there is this.

Social Security Would Become Bankrupt Sooner Under Trump’s Plans, Report Finds

Social Security is already on life-support. Trump's ideas..his free-flowing promises to his faithful--would cause the fund to become bankrupt in 6 years. The irony is, of course, that millions of Trump supporters are ON Social Security..either retirement or SSI/SSD. Let the good times roll~...

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