Originally Posted by Jerry
An example of what I'm talking about: I pay around $4,000 a month in equipment notes. None of that, except the interest, is deductable. That $4,000 a month, minus a few hundred in interest, is taxed and it's money that I no longer have in my account.
Again, the taxable amount and the bank balance aren't the same thing.
You need confident investors and entreprenuers to jumpstart an economy. Threatening them with tax increases doesn't inspire that confidence.
You want a short term fix that history tells us will just perpetuate the issue we have and most likely have little to no longer term affect as we continue to spend ourselves into oblivion.
I would rather force the governments hand, even if it means a difficult time in the short term, until they have no choice BUT to deal with the hard issues of cuts.
I'd rather give my kid no dinner for a few days until he finally realizes that if he wants to eat he's going to have to eat his vegetables instead of bribing him with increasingly larger sweets every few meals which will end up being worse for him in the long run.
The Government will never stop wasting and abusing our money until they are forced to, and part of that is not giving them anymore. The bull**** guilt game of "its going to cause debt" doesn't work because logic and history dictates if we give them more money...they're STILL going to cause debt because they ALWAYS spend everything they get, if not MORE than what we get. So it comes down to give them more of our money and watch them run a bad deficit or give them less of our money and watch them run a bad deficit. Frankly, I'll take the latter.
"I am appalled that somebody who is the nominee...would take that kind of position"
"A court took away a presidency"
"...the brother of a man running for president was the governor of the state..."
It's horrifying because Trump is blunt instead of making overt implications.