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Thread: Deficit-swelling Trump White House plans to use deficit against Democrats

  1. #191
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    Re: Deficit-swelling Trump White House plans to use deficit against Democrats

    Quote Originally Posted by Tbird19482 View Post
    Hello I have said many times pay back the SS fund and then sell those bonds and make sure they are put into a secure bond program and they could be making 5, 6, or 7 percent secure interest and the Fed would not be paying it what 1 percent.
    It could be making a lot more money on secure investments then they are now.
    and where did I ever say that states had anything to do with what the people receive back from their SS?
    I said after the fed pays for mandated programs ( SS is separate and does not come out of FIT ) and anything that is left over should go back to the states on a percentage of what they pay in NOT some states getting MORE back then thay pay in
    why do you think it is fair that some states get back MORE then they pay in and others don't get anything back?
    didn't you say some thing about Politicians using this money to buy votes?
    where do you think this money comes from?
    have a nice day
    It is really hard dealing with uneducated hard headed people who have no understanding of what a federal expense is. Pretty simple question does a state with more federal employees, military bases, and retirees get more back in federal dollars than one without those items? The logic and common sense of some people and the liberal indoctrination creating the dumbing down of Americans is alive and well. I guess it is the state's responsibility to pay for those federal expenses in the minds of the radical leftists except of course when that state has to pay those expenses.

    These threads are a walking advertisement for school vouchers and school choice as I cannot believe the arguments of some people. Where does the state get its money for federal expenses?? Hmmm, let me guess, LOL

    Federal Income taxes fund the items I have listed over and over again but ignored. Approximately 50% of income earners pay ZERO in Federal Income taxes because of federal tax laws and yet the argument is states should get back in proportion of what they pay in Federal Income taxes, the cost of federal mandates is irrelevant. That is liberal logic and why liberals really shouldn't be allowed to vote

  2. #192
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    Re: Deficit-swelling Trump White House plans to use deficit against Democrats

    Quote Originally Posted by Tbird19482 View Post
    PS
    IF and only IF those mandated programs cost more then a state pays in so be it they wouldn't get anything over that
    IF you pay into the Fed everybody should be getting something back
    that is why I said they should divide up anything over what the mandated programs cost and return it back to the states on a percentage basis so that one state doesn't get more back then they pay in and other states would be getting atleast something back and not funding another state
    IF your stste wants to have a program that is not a fed. mandated program thn they should fund it NOT another state
    Have a nice day
    What about the 50% of income earners that pay ZERO in federal income taxes, what should they get back? Why aren't these people paying something vs. the radical left calling on corporations and rich people to pay more?

    What the state gets back out of federal income taxes are things like NATIONAL DEFENSE, a LEGAL SYSTEM, NASA, CONGRESS that makes laws. Not sure where you got your education but this is an embarrassment

  3. #193
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    Re: Deficit-swelling Trump White House plans to use deficit against Democrats

    Quote Originally Posted by Conservative View Post
    What about the 50% of income earners that pay ZERO in federal income taxes, what should they get back? Why aren't these people paying something vs. the radical left calling on corporations and rich people to pay more?

    What the state gets back out of federal income taxes are things like NATIONAL DEFENSE, a LEGAL SYSTEM, NASA, CONGRESS that makes laws. Not sure where you got your education but this is an embarrassment
    Poor Republican states clearly are not paying their fair share. If they were, they wouldn't be sending less to DC than they get back. It's not a coincidence that these states are also dead last in education, health care, and income.
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

  4. #194
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    Re: Deficit-swelling Trump White House plans to use deficit against Democrats

    Quote Originally Posted by Kushinator View Post
    Poor Republican states clearly are not paying their fair share. If they were, they wouldn't be sending less to DC than they get back. It's not a coincidence that these states are also dead last in education, health care, and income.
    It is absolutely stupid people then that keep moving to these states as population for example in TX continues to boom. People moving to the states that have term limits and yet continue to support programs you say aren't benefiting them. typical leftwing logic and no common sense. Keep spouting the lies about the red and blue state tax issue while totally ignoring how wrong a book smart street stupid liberal is.

    There is absolutely no comparison between Federal Income Taxes and federal mandates, expenses, Medicare, SS yet the radical left keeps stating that red states get more back then they contribute as apparently there are no Democrats getting assistance in those red states from federal mandates, no employees working at military bases, no poor Democrats receiving federal assistance, no federal retirees in red states getting pensions and healthcare benefits or SS,

    The radical left continues to ignore what money goes to the states and tie it all to federal income taxes but then again the radical left ties everything to federal income taxes and any reduction is demonized. Another clueless post and total lack of understanding explained in the following. You want your state, just replace TX with your state.

    State Smart: Federal Funds in Texas

    No radical leftist understands the role of the federal, state, and local governments and fails to realize how Congressional legislation for social programs is a federal overreach and the responsibility of the state and local governments

  5. #195
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    Re: Deficit-swelling Trump White House plans to use deficit against Democrats

    Quote Originally Posted by Tbird19482 View Post
    we all agree that we need to cut spending and lower the debt
    have you got a better idea?
    as I said a 1% sales tax would be just for lowering the debt and when it was paid off the sales tax would be discontinued
    With a sales tax that everybody pays with no exceptions and not being able to deduct it from your taxes Everybody would be paying it and just about everybody got some type of benefit from us putting a lot of things on the debt
    so everybody should pay it and as I said make it just to pay off the debt and when the debt is paid off it would be taken off.
    Have a nice day
    We dont need a 1% tax. We pay more than enough already. Cut every singles depts spending by 20%, take the surplus and pay off the debt. Simple.

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    Re: Deficit-swelling Trump White House plans to use deficit against Democrats

    Quote Originally Posted by MTAtech View Post
    I disagree about a sales tax. Sales taxes are regressive -- they hit the middle class and poor the most, because they spend most of their income in consumption. It is far better to increase the top marginal tax-rate, which is far below historical levels.
    And yet here we are, so it isnt better. The rich pay more than ever, while most americans pay no income taxes. And we have more debt than ever. Everyone should have some skin in the game. That would be far better.

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    Re: Deficit-swelling Trump White House plans to use deficit against Democrats

    Quote Originally Posted by jonny5 View Post
    And yet here we are, so it isnt better. The rich pay more than ever, while most americans pay no income taxes. And we have more debt than ever. Everyone should have some skin in the game. That would be far better.
    The rich pay more than ever? The top marginal tax-rate (income $500,001 or more) is 37%. That's lower than the 50% under Reagan and 70% or more (91% under Ike) that existed for most of the 20th Century. Moreover, capital gains rates are now 20%, which is lower than it was under Obama and far lower than the 40% (long term) and 60% (short term) that existed in the 1980s.

    So, I don't know how you determined they were the highest now.

    Moreover, most Americans with income pay income taxes. Those with little income are exempt from the income tax because Ronald Reagan created the earned-income tax credit (EITC), which has helped millions of families stave off poverty. Meanwhile, the 70 million tax filers in the bottom 50% earn 50% less total income than the top 1% of filers. (link). So, how much money do you think you can squeeze out of them?
    "I never meant to say that the Conservatives are generally stupid. I meant to say that stupid people are generally Conservative. I believe that is so obviously and universally admitted a principle that I hardly think any gentleman will deny it." --J.S. Mill

  8. #198
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    Re: Deficit-swelling Trump White House plans to use deficit against Democrats

    Quote Originally Posted by MTAtech View Post
    The rich pay more than ever? The top marginal tax-rate (income $500,001 or more) is 37%. That's lower than the 50% under Reagan and 70% or more (91% under Ike) that existed for most of the 20th Century. Moreover, capital gains rates are now 20%, which is lower than it was under Obama and far lower than the 40% (long term) and 60% (short term) that existed in the 1980s.

    So, I don't know how you determined they were the highest now.

    Moreover, most Americans with income pay income taxes. Those with little income are exempt from the income tax because Ronald Reagan created the earned-income tax credit (EITC), which has helped millions of families stave off poverty. Meanwhile, the 70 million tax filers in the bottom 50% earn 50% less total income than the top 1% of filers. (link). So, how much money do you think you can squeeze out of them?
    Most Americans with income pay income taxes?? What is your definition of MOST and why isn't those with income aren't paying something before going after the rich and corporations to pay more?

    More than 44% of Americans pay no federal income tax - MarketWatch

    Are you telling us that these people who are earning income shouldn't be paying something for the national defense of this country and other line items in the Federal budget funded by FIT?

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    Re: Deficit-swelling Trump White House plans to use deficit against Democrats

    Quote Originally Posted by Conservative View Post
    Most Americans with income pay income taxes?? What is your definition of MOST and why isn't those with income aren't paying something before going after the rich and corporations to pay more?

    More than 44% of Americans pay no federal income tax - MarketWatch

    Are you telling us that these people who are earning income shouldn't be paying something for the national defense of this country and other line items in the Federal budget funded by FIT?
    I said "most." You said 44% don't. 100% - 44% = 56%. That's most.
    "I never meant to say that the Conservatives are generally stupid. I meant to say that stupid people are generally Conservative. I believe that is so obviously and universally admitted a principle that I hardly think any gentleman will deny it." --J.S. Mill

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    Re: Deficit-swelling Trump White House plans to use deficit against Democrats

    Quote Originally Posted by MTAtech View Post
    The rich pay more than ever? The top marginal tax-rate (income $500,001 or more) is 37%. That's lower than the 50% under Reagan and 70% or more (91% under Ike) that existed for most of the 20th Century. Moreover, capital gains rates are now 20%, which is lower than it was under Obama and far lower than the 40% (long term) and 60% (short term) that existed in the 1980s.

    So, I don't know how you determined they were the highest now.

    Moreover, most Americans with income pay income taxes. Those with little income are exempt from the income tax because Ronald Reagan created the earned-income tax credit (EITC), which has helped millions of families stave off poverty. Meanwhile, the 70 million tax filers in the bottom 50% earn 50% less total income than the top 1% of filers. (link). So, how much money do you think you can squeeze out of them?
    Yes, the rich are paying more than ever taxes, and a greater share of taxes. They may pay a lower RATE on a dollar of income, but everyone else if paying even less, which means they are paying MORE. And we can squeeze at least a little out of the bottom 50% since they nearly no income tax. They account for 800 billion in AGI. But only 46bn in income tax. Thats means 50% of workers are paying less than 1% of the tax burden which pays for Defense, Justice, NASA, Roads, a big chunk of medicare, medicaid, food stamps, welfare, veterans affairs, obamacare, foreign affairs, food safety, regulation of banks, and on and on.

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