• This is a political forum that is non-biased/non-partisan and treats every person's position on topics equally. This debate forum is not aligned to any political party. In today's politics, many ideas are split between and even within all the political parties. Often we find ourselves agreeing on one platform but some topics break our mold. We are here to discuss them in a civil political debate. If this is your first visit to our political forums, be sure to check out the RULES. Registering for debate politics is necessary before posting. Register today to participate - it's free!

Nationl Debt Tops $22 Trillion

Kushinator said:
How much more money is the Treasury reporting? :lol:
Click to expand...

annualized 3.755 trillion dollars vs. annualized in 2017 of 3.777 trillion, third quarter annualized numbers. so apparently a 20 billion dollar reduction in revenue(projection) created the 700 billion dollar plus deficit for 2018. When 2018 numbers are finalized what are you and the left going to say should the revenue increase over 2017 with those tax cuts?
 
Conservative said:
annualized 3.755 trillion dollars vs. annualized in 2017 of 3.777 trillion, third quarter annualized numbers. so apparently a 20 billion dollar reduction in revenue(projection) created the 700 billion dollar plus deficit for 2018. When 2018 numbers are finalized what are you and the left going to say should the revenue increase over 2017 with those tax cuts?
Click to expand...

I wasn't talking to you. Besides, your word means nothing without a source.
 
Helix said:
I'm quite responsible, thanks. I guess that's a "no" on your living the easy poor life, then. I figured as much.
Click to expand...

Typical diversion and failure to answer the question posed, how do you know that an income earning American can't pay SOMETHING in Federal Income taxes?
 
Moon said:
And Trump and Congress have done nothing about it.
Click to expand...

i agree. they continue to increase spending congress does then whine and complain about the deficit.
how about you cut back on your un-needed bloated government programs and all the waste to the tune
of 550 billion dollars.

that right there would cover over half the deficit right there.
 
Kushinator said:
I wasn't making a claim. You should be able to support the statements you make.
Click to expand...

have a nice day. it is in the paper common knowledge doesn't have to be cited.
sorry you didn't read. in fact there have been a few threads posted on it here.

again your failure to quote people properly just shows how dishonest you are.
i don't have time to waste since you are unable to discuss things honestly.
 
Conservative said:
This is an open forum and you know the source, BEA.gov,
Click to expand...

you have to understand they don't want to deal with facts. they want to deal with nit pick fallacies while ignoring
the main issue which is government is spending too much bloody money.
 
Conservative said:
This is an open forum and you know the source, BEA.gov,
Click to expand...

I don't know your source. It is your responsibility to provide valid sources for your claims... that's how this works. Otherwise, your statement is dismissed.
 
Kushinator said:
I don't know your source. It is your responsibility to provide valid sources for your claims... that's how this works. Otherwise, your statement is dismissed.
Click to expand...

LOL, typical leftwing bull**** that ignores the official data when presented, Post 60
 
ludin said:
it is in the paper common knowledge doesn't have to be cited.
Click to expand...

Clearly it isn't common knowledge. I get it, you don't know what you're talking about nor can you produce a valid source for your statement.
 
Conservative said:
Typical diversion and failure to answer the question posed, how do you know that an income earning American can't pay SOMETHING in Federal Income taxes?
Click to expand...

Here's an article for you to ignore.

Redirect Notice

I'll follow suit by scrolling past your dodge.
 
Conservative said:
Apps Test | U.S. Bureau of Economic Analysis (BEA)
Click to expand...

Conservative said:
LOL, typical leftwing bull**** that ignores the official data when presented, Post 60
Click to expand...

You can't just drop a website and expect other people to dig through it to find the data you are using to make matter-of-fact statements.

Why is it i can pull up both the data and a graphical representation of such data in less than a minute?

fredgraph.png


The fact of the matter is, revenue is not growing at the rate it was previous to the tax cuts:

fredgraph.png


It's in decline!

Ludin told a lie. You tried to cover for him and failed.
 
Helix said:
Here's an article for you to ignore.

Redirect Notice

I'll follow suit by scrolling past your dodge.
Click to expand...

Another clueless report. It is embarrassing that so many people have no idea what taxes they pay or their purpose. I posted the items that make up the federal budget and the taxes that fund those items. We are talking FEDERAL INCOME TAXES and what they fund. You totally and completely ignored the post as always never explaining why an income earner can't pay something to fund the items in the budget funded by FIT. The dodge is completely yours due to total ignorance of what FIT funds.

In addition I am only talking EMPLOYED AMERICANS which based upon 156 million employed in this country and approximately 50% not paying any FIT would mean about 78 million Americans not paying any FIT. Let's say eliminate the cell phones, pagers, internet fees and pay say $50 per month that is over 46 BILLION dollars added to FIT revenue
 
Kushinator said:
You can't just drop a website and expect other people to dig through it to find the data you are using to make matter-of-fact statements.

Why is it i can pull up both the data and a graphical representation of such data in less than a minute?

fredgraph.png


The fact of the matter is, revenue is not growing at the rate it was previous to the tax cuts:

fredgraph.png


It's in decline!

Ludin told a lie. You tried to cover for him and failed.
Click to expand...

Right, cannot expect someone of your intelligence to understand the data or how to research it, the data speaks for itself and comes from Treasury. Maybe you ought to learn how to read your own chart that appears to show Federal revenue growing in 2018 over 2017

You are a legend in your own mind yet show your ignorance in even understanding the data you post
 
ludin said:
you have to understand they don't want to deal with facts. they want to deal with nit pick fallacies while ignoring
the main issue which is government is spending too much bloody money.
Click to expand...

Deficits are only a problem in your eyes due to the voting public sending Republicans out of (HOR) power. Stop pretending to be something you're not: 1.) knowledgeable on this subject. 2.) a fiscal conservative.
 
Conservative said:
Right, cannot expect someone of your intelligence to understand the data or how to research it
Click to expand...

What a joke.

I understand and research data far better than you or your could ever wish.

Maybe you ought to learn how to read your own chart that appears to show Federal revenue growing in 2018 over 2017
Click to expand...

No it does not. This is the **** i'm talking about. You clearly do not have a valid idea of what growth means, nor do you know how to measure it.

Total receipts on 1-1-2017 were: $3.572 trillion

Total receipts on 1-1-2018 were: $3.428 trillion

This is a $144.07 billion year-over-year decline. This goes for the two latest data sets as well. Both show $87.6 and $47.1 billion declines respectively, on a YoY basis. Now eventually, these tax cuts will crater revenues enough to force some growth moving forward on the basis of population and output alone. But make no mistake, when Republicans had control of government, revenue declined and spending increased.

You are a legend in your own mind yet show your ignorance in even understanding the data you post
Click to expand...

:lamo
 
Kushinator said:
Deficits are only a problem in your eyes due to the voting public sending Republicans out of (HOR) power. Stop pretending to be something you're not: 1.) knowledgeable on this subject. 2.) a fiscal conservative.
Click to expand...

Keep diverting from the official treasury data to promote your own leftwing ignorance on this issue. Obviously you aren't mature enough to admit when wrong and how civics challenged you are. Obviously the debt service and entitlement spending increases had absolutely nothing to do with the deficit increases in 2018 and were all due to Trump and Republicans as Democrats aren't in the Congress including the Senate.

Always demeaning posts on your part all designed to divert from your own ignorance on the subject
 
Kushinator said:
What a joke.

I understand and research data far better than you or your could ever wish.



No it does not. This is the **** i'm talking about. You clearly do not have a valid idea of what growth means, nor do you know how to measure it.

Total receipts on 1-1-2017 were: $3.572 trillion

Total receipts on 1-1-2018 were: $3.428 trillion

This is a $144.07 billion year-over-year decline. This goes for the two latest data sets as well. Both show $87.6 and $47.1 billion declines respectively, on a YoY basis. Now eventually, these tax cuts will crater revenues enough to force some growth moving forward on the basis of population and output alone. But make no mistake, when Republicans had control of government, revenue declined and spending increased.



:lamo
Click to expand...

Keep digging that fricken leftwing hole you are creating for yourself, this is January 2019 and 2018 didn't end January 2018. You are such a legend in your own mind showing nothing but arrogance and ignorance of the data

Bureau of Economic Analysis
Table 3.1. Government Current Receipts and Expenditures
[Billions of dollars] Seasonally adjusted at annual rates
Click to expand...

2 Current tax receipts by quarter

2016 3,606.7 3,636.3 3,703.5 3,705.6
2017 3,691.7 3,721.9 3,777.7 3,787.7
2018 3,652.9 3,697.7 3,755.3
 
Last edited:
Conservative said:
Keep diverting from the official treasury data to promote your own leftwing ignorance on this issue. Obviously you aren't mature enough to admit when wrong and how civics challenged you are. Obviously the debt service and entitlement spending increases had absolutely nothing to do with the deficit increases in 2018 and were all due to Trump and Republicans as Democrats aren't in the Congress including the Senate.

Always demeaning posts on your part all designed to divert from your own ignorance on the subject
Click to expand...

I've provided the data, both graphically and by source. I've also exposed your ignorance of said data. Furthermore, i have highlighted what a dishonest, partisan, hypocrite you are.

My work here is done. You can have the last word. And just a warning, if i catch you posting partisan bull**** or any lies, i will correct you.
 
Conservative said:
Keep digging that fricken leftwing hole you are creating for yourself, this is January 2019 and 2018 didn't end January 2018. You are such a legend in your own mind showing nothing but arrogance and ignorance of the data
Click to expand...

Another glaring display of ignorance. I clearly provided the decay for 4-1-2018 and 7-1-2018, but you are just not a strong enough reader to understand.

BTW.... They haven't released Q4 2018 data.
 
Conservative said:
Keep digging that fricken leftwing hole you are creating for yourself, this is January 2019 and 2018 didn't end January 2018. You are such a legend in your own mind showing nothing but arrogance and ignorance of the data
Click to expand...

You haven't provided a source, which is the problem. Anyone can confuse data and post the wrong sets.

5cb95cb53a.png
 
Kushinator said:
Another glaring display of ignorance. I clearly provided the decay for 4-1-2018 and 7-1-2018, but you are just not a strong enough reader to understand.

BTW.... They haven't released Q4 2018 data.
Click to expand...

2018 data will be released on February 28 and will show that tax revenue isn't what caused the deficit but interest expense and entitlement spending increases. Apparently I am supposed to be strong enough to not read what you posted, January 2017 vs January 2018 was in your original post. Apparently you aren't mature enough to admit you screwed up on the dates and even when the official data is posted through the 3rd qtr. interesting how you believe the 20 billion reduction in revenue caused the 700 billion plus deficit for 2018
 
Kushinator said:
You haven't provided a source, which is the problem. Anyone can confuse data and post the wrong sets.

5cb95cb53a.png
Click to expand...

Your chart shows revenue for 2018 close to 2017 data thus proving it wasn't revenue that caused the deficit but you cannot admit it. Total and complete liberal arrogance
 
You must log in or register to reply here.
Back
Top Bottom