The topic is taxes, retard.
If you are too stupid not to know how to avoid paying taxes, then you deserve to pay all those taxes you pay to the government. It isn't my fault but yours and your failed ideologue that DEMANDS that everyone be equally poor and equally miserable. That is why liberal tax people to death. Dumbass....
To collect a hundred dollars in revenue:
You tax the individual, the corporation. If you give the corporation a tax break, you have to increase taxes on the individual in order to get the same hundred in revenue,
or you have to run a deficit.
Get it?
no, you don't get it. You decrease the amount you spend by the amount you did not collect.
Lawmakers won't do that voluntarily. That's why PAYGO worked.
The last Republican Congress and Republican President ejected PAYGO out the window. And then they created a whole new government medical entitlement which has added more to our debt than ObamaCare.
Democrats: Tax and spend.
Republicans: Borrow and spend.
If you are too stupid not to know how to avoid paying taxes, then you deserve to pay all those taxes you pay to the government. It isn't my fault but yours and your failed ideologue that DEMANDS that everyone be equally poor and equally miserable. That is why liberal tax people to death. Dumbass....
To collect a hundred dollars in revenue:
You tax the individual, the corporation. If you give the corporation a tax break, you have to increase taxes on the individual in order to get the same hundred in revenue,
or you have to run a deficit.
Get it?
no, you don't get it. You decrease the amount you spend by the amount you did not collect.
Lawmakers won't do that voluntarily. That's why PAYGO worked.
The last Republican Congress and Republican President ejected PAYGO out the window. And then they created a whole new government medical entitlement which has added more to our debt than ObamaCare.
Democrats: Tax and spend.
Republicans: Borrow and spend.
Not to mention they passed two tax cut bills in the face of two wars having started. You RAISE taxes when faced with an extraordinary expense like a war, you don't cut them.
Once again the far left drones ignores real history.
The two biggest tax cuts happened under two Democrat presidents, JFK and Carter.
Obama did not have any kind of budget passed until the Republicans took over the senate. Al other bills were tabled by Harry Reid for 6 of the 8 years under Obama.
Under Bush, since the far left seems to love to use him, only 4 supplemental budgets were passed for the wars in Afghanistan and Iraq and they were about half of the Obama failed stimulus package.
So as you see the far left will repeat far left religious dogma not connected to reality.
Also Unions are corporations, how much to they pay in taxes?
The poor pay no taxes. That they believe they do is an indication of how insane and delusional they really are.
The taxes that the poor believe they pay is the difference between the benefits they receive and the benefits they want.
If the poor person is getting an aggregate of $5,000 a month, that's what my step granddaughter gets. She believes she should get twice that. The poor person now has a tax rate of 50%. Much higher than most of the rich. If corporations paid more in taxes, the poor would get more of what they believe they should get.
It's just all in their head.
G5000 is on my last nerve, lol.
Only thing people need to know is--------> The Coolidge, Kennedy, Reagan, and Bush tax cuts ALL increased money to the federal treasury substantially. They also increased economic expansion.
One would think that carebear and a host of others posts about how if you give a tax break to A, B then must make up the difference is a logical assumption. That is NOT the case. By putting a dollar IN TO the economy, as it flows, it is taxed many times, and it creates NEW dollars to tax as it moves. Their assessment of the situation would be correct, if the economy was a zero sum game; which it is not! As the economy grows, there is more money, and profit to tax!
Also...........it is much easier today than in the 20s, to quickly INCREASE treasury flow from growth. How? Because today, with all the freebies given out by the feds and states, it is easier to SUBTRACT, which is actually an add to in revenue.
WHAT DO I MEAN? EXAMPLE----------> Citizen A receives a grand total of help from all government sources of 10,000 dollars a year. The economy improves significantly through tax cuts and money moves freely, so they get a decent job...........not a great job, just a decent one. So now they pay in 1000 a year, instead of taking out 10,000 a year, for a grand total of----------->11,000 PROFIT to all government agencies that used to have to pay them. So sometimes, it is NOT what you put into the system, but instead, what you no longer take out of it!
And a little off topic, but here is another variable-----------> what if a President, from either party, asked his economic advisors HOW MANY LIVING WAGE JOBS he/she had to make policies for so it would be easy for the private sector to create them, to achieve a 4.5% unemployment rate, with a 72% participation rate, meaning virtually full employment?
What if they told this President; from either party, you chose which one..........that to achieve this economic deal, he had to create 12 million jobs. (just creating a number here) And to do this, he/she had to do these policies. So they DID, and created 12 million jobs in LESS time than even they believed it would happen!
And so, that President is sitting pretty in his/her own mind right! So he/she goes back to his economic advisors, and tells them he/she wants to run on his/her economic record. His advisors tell him/her, that unemployment has ticked up slightly, participation rate is still in the tank, wages are still stagnant, and the natives are restless. Not to mention, MORE foodstamps are being given out!
How can this be the Prez asks! Easy says his/her economic advisors........... you didn't take into account the 13 million illegals that would flood over the border, as soon as jobs opened up, and they offer their services, for 75% of the going wage. Basically Mr President, you just created job opportunities for South America, and NOT for your taxpaying constituents. In essence, you lost ground by almost 1 million jobs!!!!!!!