Snake Posted July 3, 2022 Share Posted July 3, 2022 3 minutes ago, BOHICA said: You are probably one of the libs that would rally against EV tax credits that those in the middle class get if they buy an EV that allows them to keep more of their money. Oil companies pay less percentage of their income in taxes then icy of the individual tax payers that actually pay in Man, when you are a hammer every problem is a nail... Quote Link to comment Share on other sites More sharing options...
racer254 Posted July 3, 2022 Share Posted July 3, 2022 3 minutes ago, BOHICA said: You are probably one of the libs that would rally against EV tax credits that those in the middle class get if they buy an EV that allows them to keep more of their money. Oil companies pay less percentage of their income in taxes then icy of the individual tax payers that actually pay in Name the tax credit and I will tell you if I was against it. Quote Link to comment Share on other sites More sharing options...
racer254 Posted July 3, 2022 Share Posted July 3, 2022 10 minutes ago, BOHICA said: You are probably one of the libs that would rally against EV tax credits that those in the middle class get if they buy an EV that allows them to keep more of their money. Oil companies pay less percentage of their income in taxes then icy of the individual tax payers that actually pay in BTW, sorry if you are one of these middle class voters. Quote Link to comment Share on other sites More sharing options...
Doug Posted July 3, 2022 Share Posted July 3, 2022 17 minutes ago, Snake said: Man, when you are a hammer every problem is a nail... But his aim is rarely on 1 Quote Link to comment Share on other sites More sharing options...
Gold Member BOHICA Posted July 3, 2022 Gold Member Share Posted July 3, 2022 38 minutes ago, Snake said: Man, when you are a hammer every problem is a nail... They make battery powered tools to drive nails. Hammers have been replaced by better tech Quote Link to comment Share on other sites More sharing options...
Gold Member BOHICA Posted July 3, 2022 Gold Member Share Posted July 3, 2022 50 minutes ago, racer254 said: Name the tax credit and I will tell you if I was against it. EV tax credit Residential solar tax credit Quote Link to comment Share on other sites More sharing options...
SkisNH Posted July 3, 2022 Share Posted July 3, 2022 2 hours ago, Anler said: Nobody should be allowed to break trump's record. Build back better and the infrastructure and the rescue plan were on top of the fiscal budget.... Quote Link to comment Share on other sites More sharing options...
Anler Posted July 3, 2022 Share Posted July 3, 2022 33 minutes ago, SkisNH said: Build back better and the infrastructure and the rescue plan were on top of the fiscal budget.... Trump bragged about wanting to borrow $2 trillion for that. Quote Link to comment Share on other sites More sharing options...
racer254 Posted July 3, 2022 Share Posted July 3, 2022 1 hour ago, BOHICA said: EV tax credit Residential solar tax credit There is nothing in those tax credits that base on personal income. So how is that just a middle class tax credit? Quote Link to comment Share on other sites More sharing options...
Gold Member BOHICA Posted July 3, 2022 Gold Member Share Posted July 3, 2022 (edited) 24 minutes ago, racer254 said: There is nothing in those tax credits that base on personal income. So how is that just a middle class tax credit? It’s a tax credit to the 47% that are net payers of federal income tax. It doesn’t apply to the 53% that are poor or lower middle class that already pay $0 in federal income tax. Edited July 3, 2022 by BOHICA Quote Link to comment Share on other sites More sharing options...
Ez ryder Posted July 3, 2022 Share Posted July 3, 2022 6 hours ago, f7ben said: Do you think Bernie would spend too much money? Like maybe end up being the worst deficit spender in peacetime history? Yes x10 or more Quote Link to comment Share on other sites More sharing options...
Ez ryder Posted July 3, 2022 Share Posted July 3, 2022 2 hours ago, BOHICA said: They make battery powered tools to drive nails. Hammers have been replaced by better tech Every framer and trimmer still has one on his belt all day every day . Quote Link to comment Share on other sites More sharing options...
Angry ginger Posted July 3, 2022 Share Posted July 3, 2022 17 hours ago, f7ben said: Right , he’s a sellout shill guy tweets but yet has really done nothing in his 50 years of politics. human garbage Quote Link to comment Share on other sites More sharing options...
SkisNH Posted July 3, 2022 Share Posted July 3, 2022 5 hours ago, Anler said: Trump bragged about wanting to borrow $2 trillion for that. Okay well that's 1/3 of the total as described... Either way I'm not a spending enthusiast. I wanted to sign on to the penny plan, now it's 6cents. https://www.paul.senate.gov/news/dr-rand-paul-introduces-six-penny-plan-balance-federal-budget-five-years Quote Link to comment Share on other sites More sharing options...
SkisNH Posted July 3, 2022 Share Posted July 3, 2022 6 hours ago, BOHICA said: EV tax credit Residential solar tax credit Can't pick winners and losers....so upper income get 7500.00 ev credit and 28% solar for their house credit. Why should lower income tax payers subsidize this? Quote Link to comment Share on other sites More sharing options...
Gold Member BOHICA Posted July 3, 2022 Gold Member Share Posted July 3, 2022 14 minutes ago, SkisNH said: Can't pick winners and losers....so upper income get 7500.00 ev credit and 28% solar for their house credit. Why should lower income tax payers subsidize this? How do lower income subsidize this?? Lower incomes pay $0 income tax so they are not subsidizing this Quote Link to comment Share on other sites More sharing options...
SkisNH Posted July 3, 2022 Share Posted July 3, 2022 9 minutes ago, BOHICA said: How do lower income subsidize this?? Lower incomes pay $0 income tax so they are not subsidizing this I don't me that lower....I mean the middle class lower. They don't tend to buy EVs or put solar on their roofs. Quote Link to comment Share on other sites More sharing options...
Gold Member BOHICA Posted July 3, 2022 Gold Member Share Posted July 3, 2022 1 minute ago, SkisNH said: I don't me that lower....I mean the middle class lower. They don't tend to buy EVs or put solar on their roofs. Non refundable Tax credits are not subsidies. Nobody pay more in income tax to cover the credits. Quote Link to comment Share on other sites More sharing options...
SkisNH Posted July 3, 2022 Share Posted July 3, 2022 54 minutes ago, BOHICA said: Non refundable Tax credits are not subsidies. Nobody pay more in income tax to cover the credits. Whatever....the govt is subsidizing solar with tax credits. However you do the mental gymnastics that's your deal. I know that if he didn't give these credits I might be able to pay less in taxes. It's one pot...is a child credit a family subsidies? Quote Link to comment Share on other sites More sharing options...
Edmo Posted July 4, 2022 Share Posted July 4, 2022 3 hours ago, SkisNH said: Okay well that's 1/3 of the total as described... Either way I'm not a spending enthusiast. I wanted to sign on to the penny plan, now it's 6cents. https://www.paul.senate.gov/news/dr-rand-paul-introduces-six-penny-plan-balance-federal-budget-five-years He’s a lonely guy on this. Don’t see anyone else in the loop talking about balancing the budget. Should be a yuge priority., Quote Link to comment Share on other sites More sharing options...
Gold Member BOHICA Posted July 4, 2022 Gold Member Share Posted July 4, 2022 3 hours ago, SkisNH said: Whatever....the govt is subsidizing solar with tax credits. However you do the mental gymnastics that's your deal. I know that if he didn't give these credits I might be able to pay less in taxes. It's one pot...is a child credit a family subsidies? Is the child tax credit a refundable or non refundable credit? Quote Link to comment Share on other sites More sharing options...
SkisNH Posted July 4, 2022 Share Posted July 4, 2022 6 hours ago, BOHICA said: Is the child tax credit a refundable or non refundable credit? Clearly refundable, yet both lower your tax liability. Still missing the point though...why should tax payers help offset the cost of your solar panels or EV? Quote Link to comment Share on other sites More sharing options...
Gold Member BOHICA Posted July 4, 2022 Gold Member Share Posted July 4, 2022 2 hours ago, SkisNH said: Clearly refundable, yet both lower your tax liability. Still missing the point though...why should tax payers help offset the cost of your solar panels or EV? Non refundable just lowers your taxation It doesn’t cost anybody anything as you can never get back more then you pay in. No other taxpayers money goes towards paying the non refundable credits. Quote Link to comment Share on other sites More sharing options...
Doug Posted July 4, 2022 Share Posted July 4, 2022 1 hour ago, BOHICA said: Non refundable just lowers your taxation It doesn’t cost anybody anything as you can never get back more then you pay in. No other taxpayers money goes towards paying the non refundable credits. So how is the reduction in tax revenue made up? More taxes 1 Quote Link to comment Share on other sites More sharing options...
Gold Member BOHICA Posted July 4, 2022 Gold Member Share Posted July 4, 2022 (edited) 3 minutes ago, Doug said: So how is the reduction in tax revenue made up? More taxes Then why did Trump lower taxes on businesses and individuals? Mostly rich benefitted from the Trump Tax cuts. Who makes up the lost revenue of all those? Edited July 4, 2022 by BOHICA Quote Link to comment Share on other sites More sharing options...
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