"We have to increase taxes on the wealthy"

[Nostra]

Now you are lying, and you know it. You are looking stupid again.

No lie by me.

 

[boevans]

No lie by me.

 

[Nostra]

Boevans: Trump tax cuts for the rich (lie)

Nostra: The Trump tax cuts were across the board (fact)

Sux to be you, Simp.

 

[boevans]

Caught you. I had to tell you the cuts were temporary for the middle classes.

 

[Nostra]

Caught you. I had to tell you the cuts were temporary for the middle classes.

No, you didn’t have to tell me that, Simp. Wasn’t part of the conversation.

Sux to be you.

 

[boevans]

No, you didn’t have to tell me that, Simp. Wasn’t part of the conversation.

Sux to be you.

Of course it was, but you left it out, so I reminded you. Just be a man, and admit you were caught again.

 

[John Edgar Slow Horses]

boevans busted Nostra in the balls and he is wailing.

 

[Nostra]

Of course it was, but you left it out, so I reminded you. Just be a man, and admit you were caught again.

You didn’t catch anything, moron.

Sux to be you.

 

[Nostra]

Feel free to quote my contradictory posts, Simp.

Betcha can’t.

: crickets: from John Edgar Slow Horses

 

[Mac1958]

So Steve Bannon discovered basic arithmetic.

Good for him.

This is not a guy who would just blurt something out like Trump does. He knew what he was saying.

I wonder if these people really intend to follow through on the promises they made. Given their track records, that's a fair thing to wonder.

 

[Nostra]

This is not a guy who would just blurt something out like Trump does. He knew what he was saying.

I wonder if these people really intend to follow through on the promises they made. Given their track records, that's a fair thing to wonder.

Bannon…..the latest Messiah of the Dimwinger party.

 

[Nostra]

Feel free to quote my contradictory posts, Simp.

Betcha can’t.

: crickets: from boevans

 

[ThisIsMe]

Whoa. Holy crap. I'm not surprised by much any more, but this made me do a double-take. STEVE BANNON said this.

“I’m for a dramatic increase in corporate taxes. We have to increase taxes on the wealthy. For getting our guys’s taxes cut, we’ve got to cut spending, which they’re gonna resist. Where does the tax revenue come from? Corporations and the wealthy,” Bannon said during an interview with Semafor that was published Friday.

“And when they start squealing, we have a conversation,” the conservative media personality added. “We’re all partners in this, everybody’s going to take a little pain, but the working people are going to take less pain than you guys.”

On the campaign trail, Trump, Bannon’s former boss, said he wants to extend many provisions in his 2017 tax legislation, his signature economic achievement during his first White House term. He also vowed to slash taxes on tips and Social Security. Trump has also shown support for dropping the corporate income tax rate to 15 percent.

Personally, I'm for adding perhaps four new higher brackets on the top end. So yeah, I agree. On corporate taxes, we need to be careful and remain competitive globally, but I'm for establishing a Minimum Effective Tax Rate of maybe 10%, so that we don't have huge companies paying zero, like Amazon.

Thoughts?

Steve Bannon supports increasing taxes on the wealthy

Why? Tax increases never produce prosperity, they only create more spending.

the only way I'd support tax increases is by first cutting spending. Slim down the government, cut waste, and do what we have to on that side first, THEN if we need to increase taxes, only do so for as much as needed. Legislation must also be passed that makes it harder to create new spending. Committees of bi partisan people need to examine if programs are A) needed and B) if they are structured in such a way to be efficient and not wasteful.

This practice of just taxing people so Washington can create new projects has to go.

 

[Fort Fun Indiana]

This is not a guy who would just blurt something out like Trump does. He knew what he was saying.

I wonder if these people really intend to follow through on the promises they made. Given their track records, that's a fair thing to wonder.

This is Bannon's effort to retain populist sentiment. He knows he can say anything, if he ends it with "This is for you guys."

He'll no he.doesn't mean to tax rich peole and corporations.

 

[dblack]

Whoa. Holy crap. I'm not surprised by much any more, but this made me do a double-take. STEVE BANNON said this.

“I’m for a dramatic increase in corporate taxes. We have to increase taxes on the wealthy. For getting our guys’s taxes cut, we’ve got to cut spending, which they’re gonna resist. Where does the tax revenue come from? Corporations and the wealthy,” Bannon said during an interview with Semafor that was published Friday.

“And when they start squealing, we have a conversation,” the conservative media personality added. “We’re all partners in this, everybody’s going to take a little pain, but the working people are going to take less pain than you guys.”

On the campaign trail, Trump, Bannon’s former boss, said he wants to extend many provisions in his 2017 tax legislation, his signature economic achievement during his first White House term. He also vowed to slash taxes on tips and Social Security. Trump has also shown support for dropping the corporate income tax rate to 15 percent.

Personally, I'm for adding perhaps four new higher brackets on the top end. So yeah, I agree. On corporate taxes, we need to be careful and remain competitive globally, but I'm for establishing a Minimum Effective Tax Rate of maybe 10%, so that we don't have huge companies paying zero, like Amazon.

Thoughts?

Steve Bannon supports increasing taxes on the wealthy

I'm for raising taxes on everyone, across-the-board, until the budget is balanced. Only then will we get real momentum for cutting spending.

 

[Fort Fun Indiana]

Why? Tax increases never produce prosperity, they only create more spending.

This is of course a worthless lie, and higher taxes can easily be shown to have resulted in higher standards of living in societies.

Because it's not just about raising taxes.

The above is a stunted, half baked, undeveloped thought not even worthy of being called a half truth.

 

[eagle1462010]

I'm for raising taxes on everyone, across-the-board, until the budget is balanced. Only then will we get real momentum for cutting spending.

US Tax Revenue: % of GDP, 1968 – 2024 | CEIC Data

• US Tax revenue: % of GDP data is updated yearly, averaging 17.0 % from Dec 1968 to 2023, with 56 observations.

Raising taxes causes loss of jobs and investments.

Equilibrium is 17% percent average regardless of rates

 

[BackAgain]

The numbers don't work. Not even trickle-down can MAKE them work. We have to streamline spending AND increase taxes.

And as usual, the only way to REALLY do this is for the two parties to work together like normal adults. Ha ha.

I think that taxing (specific tax rates) and spending should happen AT THE SAME TIME, IN THE SAME BILL. THAT is a REAL "budget".

Make these people MAKE SENSE of what they're pushing.

Nope. We need to fucking rein in spending. Big time.

Period.

Amen.

 

[John Edgar Slow Horses]

Regressive taxation put the burden unfairly on the poorer classes.

 

[GMCGeneral]

It`s impossible to make serious spending cuts as long as cutting the world`s largest welfare program is off limits. Yes, that`s our Pentagon. I don`t think we`ll be attacked by Canada or Mexico and the coasts have large bodies of water protecting us.

And yet defense is CONSTITUTIONALLY MANDATED, Dumbshit motherfucker. Section 8 housing and Medicaid are not.