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How would you pay to fix our infrastructure problem?

jnug said:
Take the corporate tax cuts up to WHERE they should have been, a nominal 26% which is much lower than where they were at a nominal 35%. That brings $600B back into the treasury. Find the $200B that Trump has (probably pulled it out of his butt hole but lets find out) and a very small additional gas tax. That should do it.
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Thats 600bn they are just passing along to you, their customers. Why bother?
 
jonny5 said:
Thats 600bn they are just passing along to you, their customers. Why bother?
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No company just counts taxes in S, G and A. So no...not quite. It is a popular bar stool misconception.

Plus Americans generally don't miss money they do not consider coming directly out of their pockets. They will whine about the small gas tax, probably scream about it no matter how small it is again not realizing that the disgusting state of our Infrastructure costs us productivity, competitiveness and GDP every single day and costs them in auto damage, excess auto repair, the life expectancy of their vehicles for everything but an Abrams tank and added accident rates. I have not seen any Abrams tanks out there plying the roadways....so that means everybody with a vehicle.
 
Captain Adverse said:
Wow, you certainly think you know a lot don't you? Especially when you "project" assumptions onto others …

... I've lived through most of those changes and seen exactly how they have affected our society. All I see is more people demanding more stuff because they've been told that they have "a right to it." Then wanting government (which ultimately means the taxpayer) to provide it.
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Well that's a great (if incomplete) attempt rant to summarize all rightwing talking points. But lets get back to the post I responded to, and that response.

You said:

"Whatever happened to the balanced budget Amendment people used to talk about?"
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To which I responded:

"Obviously you are ignoring or don't know how Central Bank created money works. "The balanced budget Amendment people used to talk about", went up in smoke with Reagans voodoo/trickle-down economics."
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And then, I went on to point out that a balanced budget and modern infrastructure isn't possible when you drop the top tax rate from +73% (and as high as 93%), and deregulate business so that jobs AND capital are shipped overseas. In one fell swoop the tax rate on the rich was cut (by more than) half, jobs left in droves - eviscerating the middle class and the tax revenue they had been providing … AND/AND taxes on money was gone due to overseas tax havens and transfer corporations.

Well, I didn't say all that but, in my "smugness", that's what I was referring to. Simply put Reagan gutted potential tax revenue and in the same stroke increased the national debt from a manageable LINEAR annual increase to a unsustainable, un-manageable AND unescapable EXPONENTIAL annual increase.

UNESCAPEABLE is really the key point and is really my point of this and my previous reply (and what I was hoping to lead you too). Exponential debt growth once begun, in our current central bank system, is unescapeable because ALL new money is created as debt (I felt sure you knew this, I really wasn't trying to be smug). The debilitating part of that is when money is created it's created at interest , BUT the interest is NOTcreated. SO, to feed the monster more and more debt money needs to be created JUST to pay the interest before any new commerce, services or … (to the point) INFRASTRUCTURE can be created or maintained.

In other words, in one administration, Reagan ****ED America in the ass for generations to come. <--period!

He allowed jobs and capital to be shipped overseas, and further deregulated business in ways that killed small business (that paid good wages with benefits and cared about employees and put money back in the local economy) and encouraged the growth of multi-nationals that pay nothing and could give a **** about workers AND sucks money out of local economies. In short Reagan IS the reason we can't balance the budget, we can't build infrastructure, the middle class is disappearing, AND why you all, are AGAINING!
 
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jnug said:
No company just counts taxes in S, G and A. So no...not quite. It is a popular bar stool misconception.

Plus Americans generally don't miss money they do not consider coming directly out of their pockets. They will whine about the small gas tax, probably scream about it no matter how small it is again not realizing that the disgusting state of our Infrastructure costs us productivity, competitiveness and GDP every single day and costs them in auto damage, excess auto repair, the life expectancy of their vehicles for everything but an Abrams tank and added accident rates. I have not seen any Abrams tanks out there plying the roadways....so that means everybody with a vehicle.
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Every single tax dollar that a corporation pays has to be collected as revenue. Thats a fact.

But as you say, generally people dont notice all the taxes theyre paying if the govt hides them. They should.
 
rocket88 said:
Did you advocate that or not?
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No, I advocated for people who use our infrastructure to pay for its upkeep. And in case you hadnt gotten out of your parents basement in a while, its not just the poor who use the roads and the airports. In fact, our infrastructure is maintained through user fees now so I have no idea why you are arguing against it. Unless you just hope to freeload off your neighbors.
 
Fletch said:
No, I advocated for people who use our infrastructure to pay for its upkeep. And in case you hadnt gotten out of your parents basement in a while, its not just the poor who use the roads and the airports. In fact, our infrastructure is maintained through user fees now so I have no idea why you are arguing against it. Unless you just hope to freeload off your neighbors.
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Oh you probably think you're so clever with the mom's basement quip. Does it hurt being wrong all the time?

You advocated raising taxes. You advocated raising taxes on working people. You should fill in team Trump on this brilliant strategy. It's a winner!
 
jonny5 said:
Every single tax dollar that a corporation pays has to be collected as revenue. Thats a fact.

But as you say, generally people dont notice all the taxes theyre paying if the govt hides them. They should.
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Thats another reason i advocate for eliminating the income tax and replacing it with a federal sales tax. See if people feel they are getting their moneys worth from the gov when a 30% sales tax is charged to everyone.

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I don't know, but I would require any company that bids on a project to finish it on budget and on time.
 
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