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Global debt surges to record high $188 tn: IMF chief


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19 minutes ago, racer254 said:

Yet democrats are supporting the same people that want to give away free stuff and forgive debt. 

And republicans are supporting the same people who claim they'll reduce spending and then spend more than the dems as soon as they're elected.

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1 hour ago, f7ben said:

And republicans are supporting the same people who claim they'll reduce spending and then spend more than the dems as soon as they're elected.

I am said it many times, WE HAVE A SPENDING PROBLEM.  Do I need to make it any clearer.  It isn't going to change, so I will vote for whoever cuts taxes the most.  GET IT NOW?

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5 minutes ago, racer254 said:

I am said it many times, WE HAVE A SPENDING PROBLEM.  Do I need to make it any clearer.  It isn't going to change, so I will vote for whoever cuts taxes the most.  GET IT NOW?

We certainly have a spending problem. Taxes need to rise until people start to understand the debt we are creating.

We should have a separate military tax so dumbfucks can understand just how badly the military is bankrupting us 

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6 minutes ago, f7ben said:

We certainly have a spending problem. Taxes need to rise until people start to understand the debt we are creating.

We should have a separate military tax so dumbfucks can understand just how badly the military is bankrupting us 

Yeah, this will stop them from spending....GIVE THEM MORE MONEY.  And tax the people that know how to manage it.  LOL. 

FFS it's like giving an alcoholic the keys to the liquor store.

Edited by racer254
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5 minutes ago, f7ben said:

We certainly have a spending problem. Taxes need to rise until people start to understand the debt we are creating.

We should have a separate military tax so dumbfucks can understand just how badly the military is bankrupting us 

 

 

When you factor in top marginal rates, municipal taxes,  state we are at over 60% in nookville.  We have a major spending problem, lets not give them more ammo.

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6 minutes ago, ArcticCrusher said:

 

 

When you factor in top marginal rates, municipal taxes,  state we are at over 60% in nookville.  We have a major spending problem, lets not give them more ammo.

Well the only way it ends is for the system to implode. Might as well get on with it. 

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1 hour ago, Ez ryder said:

and any talk of cuts in all spending 7/8 of the people instantly fill there tampon 

Not true but when you trot out your 30% bullshit everybody laughs. 🤣 

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2 hours ago, racer254 said:

Yet democrats are supporting the same people that want to give away free stuff and forgive debt. 

Your POTUS is residing over record deficits and debt during good times.  How much debt would he have added if he had two wars and a recession? His whitehouse spending and vacations spending is at records, how the fuck are you dumb enough to trust him to balance the books for the country?

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12 minutes ago, ArcticCrusher said:

 

 

When you factor in top marginal rates, municipal taxes,  state we are at over 60% in nookville.  We have a major spending problem, lets not give them more ammo.

Yeah, lucky that Scheer idiot didn't get in or would be even worse.  Stupid Dougy cuts everywhere and still increases spending. 

What a fucktard.  Check out your hydro bill.  23 cents is coming thanks to Drug Ford. You whined about 4cents on gas and ignore 10 cents on hydro. 

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23 minutes ago, f7ben said:

We certainly have a spending problem. Taxes need to rise until people start to understand the debt we are creating.

We should have a separate military tax so dumbfucks can understand just how badly the military is bankrupting us 

Great idea.  might as well separate corporate welfare from personal welfare as well. 

Republicunts suck at math though.  They won't understand. 

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Countrie accumulating debt is by design.  It is how the rich and powerful skim off the top of every tax dollar collected. It will never end. As soon as a country cannot service the debt a bail out happens and the give up any rights to thier resources. The global economy is a pyramid scheme. 

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43 minutes ago, f7ben said:

We certainly have a spending problem. Taxes need to rise until people start to understand the debt we are creating.

We should have a separate military tax so dumbfucks can understand just how badly the military is bankrupting us 

all taxes should be broken out in detail so people are forced to see the truth.  when the biggest piece is debt service maybe they will actually understand 

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34 minutes ago, Angry ginger said:

all taxes should be broken out in detail so people are forced to see the truth.  when the biggest piece is debt service maybe they will actually understand 

And lets stop the automatic withdrawal of income taxes.  We can all see how much we owe at the end of the year and be forced to send a check.

Edited by racer254
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9 minutes ago, racer254 said:

And lets stop the automatic withdrawal of income taxes.  We can all see how much we owe at the end of the year and be forced to send a check.

agreed,  having to write big checks made me really look at the tax system,  same when i had to start paying full freight for my health insurance.  

 

 

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8 minutes ago, racer254 said:

And lets stop the automatic withdrawal of income taxes.  We can all see how much we owe at the end of the year and be forced to send a check.

I know how much I owe or get back from the beginning of every year. I’ve never had any surprises. There’s no reason why anyone should unless they’re a dumb fuck.  

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2 hours ago, f7ben said:

We certainly have a spending problem. Taxes need to rise until people start to understand the debt we are creating.

We should have a separate military tax so dumbfucks can understand just how badly the military is bankrupting us 

this

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50 minutes ago, spin_dry said:

I know how much I owe or get back from the beginning of every year. I’ve never had any surprises. There’s no reason why anyone should unless they’re a dumb fuck.  

It's a lot harder for someone to give back money they already have vs when they never had it in their hand or bank account ever.  Has nothing to do with knowing how much you owe or are getting back.  Make it hard on people to pay taxes and they will start opening their eyes. 

Edited by racer254
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Just now, racer254 said:

It's a lot harder for someone to give back money they already have vs when they never had it in their hand or bank account ever.  Has nothing to do with knowing how much you owe or are getting back.  Make it hard on people to pay taxes and they will start opening their eyes. 

They will also stop paying taxes just because they cant. That is why it is withheld.

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42 minutes ago, steve from amherst said:

They will also stop paying taxes just because they cant. That is why it is withheld.

So what?  Not my problem.  The below quote sums it up nicely. 

These same people still must file taxes at the end of the year, so it would just be a little change.

 

1 hour ago, spin_dry said:

I know how much I owe or get back from the beginning of every year. I’ve never had any surprises. There’s no reason why anyone should unless they’re a dumb fuck.  

 

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Fed state and local govt collects almost $22,000 per person in the US.  $6.9 trillion a year.  Its fucking laughable to think we have a revenue problem.  

Not per worker.....per person.  Per worker its $44,500.  :lol:  Over 1/3rd of the nations GDP is collected by fed, state and local govts.  :lol:  No spending problem.

https://www.usgovernmentrevenue.com/chart_central.php?gov=total&short=2015USrn

Heres $1 trillion dollars in c notes.   Now imagine 7 and the govt spends more.  :lol:  

WWJqgD7.jpg

Edited by Highmark
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1 minute ago, Highmark said:

Fed state and local govt collects almost $22,000 per person in the US.  $6.9 trillion a year.  Its fucking laughable to think we have a revenue problem.  

Not per worker.....per person.  Per worker its $44,500.  :lol:  

When viewed thru those numbers, we already are a socialist country.

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5 hours ago, f7ben said:

We certainly have a spending problem. Taxes need to rise until people start to understand the debt we are creating.

We should have a separate military tax so dumbfucks can understand just how badly the military is bankrupting us 

lmfao yeah give them more,money that will show them we are sick of the,spending . WTF 

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