Crnr2Crnr Posted March 13 Share Posted March 13 Cancun Cruz was just on CNBC... not talking about two terms so, Cut, Raise or Maintain the current tax rates? let's hear it... Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted March 13 Share Posted March 13 You're fucked. Part deux. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Skidooski Posted March 13 Platinum Contributing Member Share Posted March 13 Lets starts with POTUS actually signing Budgets again and slash this ridiculous 'foreign aid' 1 Quote Link to comment Share on other sites More sharing options...
Bontz Posted March 13 Share Posted March 13 Print more money, and give it away!!! Screw the kids and future generations 1 Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted March 13 Share Posted March 13 How much of this budget goes to citizens? I thought it was all the boomers fault. You're getting fleeced like sheep from your government and grifted to the globalist billionaires who own and select your politicians. More taxes will just give them more while leaving you holding the bag. Rinse/repeat. Quote Link to comment Share on other sites More sharing options...
X2700 Posted March 13 Share Posted March 13 Yep cut all the foreign aid and war shit wouldn’t take long to get back to somewhat balanced budget!!! 6 Quote Link to comment Share on other sites More sharing options...
Doug Posted March 13 Share Posted March 13 Cut spending starting with foreign aid. 2 Quote Link to comment Share on other sites More sharing options...
Crnr2Crnr Posted March 13 Author Share Posted March 13 52 minutes ago, ArcticCrusher said: How much of this budget goes to citizens? I thought it was all the boomers fault. You're getting fleeced like sheep from your government and grifted to the globalist billionaires who own and select your politicians. More taxes will just give them more while leaving you holding the bag. Rinse/repeat. oh look, has entered the chat 2 minutes ago, Doug said: Cut spending starting with foreign aid. what's the largest portion of the federal budget? Quote Link to comment Share on other sites More sharing options...
Bontz Posted March 13 Share Posted March 13 2 minutes ago, Crnr2Crnr said: what's the largest portion of the federal budget? Trump investigations? 6 Quote Link to comment Share on other sites More sharing options...
Crnr2Crnr Posted March 13 Author Share Posted March 13 23 minutes ago, X2700 said: Yep cut all the foreign aid and war shit wouldn’t take long to get back to somewhat balanced budget!!! tip of the spear... but a start but that doesn't resolve the debt issue does it? Debt service amounted to 2.4% of the economy last year, CBO said, and is poised to rise to 3.1% this year and 3.9% in 2034. In contrast, the previous record net interest cost for the U.S. government in CBO data that goes back to 1962 was 3.2%, reached in 1991. In dollar terms, net interest is set to cross the $1 trillion per year mark in 2026 and $1.6 trillion in a decade. https://www.axios.com/2024/02/08/us-government-debt-gdp-interest-costs the can has been kicked down the road for three decades Quote Link to comment Share on other sites More sharing options...
Crnr2Crnr Posted March 13 Author Share Posted March 13 1 minute ago, Bontz said: Trump investigations? nice... you said Trump first Quote Link to comment Share on other sites More sharing options...
Bontz Posted March 13 Share Posted March 13 Just now, Crnr2Crnr said: nice... you said Trump first I knew that would get noted ... just figured it was coming from someone else 1 Quote Link to comment Share on other sites More sharing options...
Guest Posted March 13 Share Posted March 13 4 minutes ago, Crnr2Crnr said: nice... you said Trump first Quote Link to comment Share on other sites More sharing options...
Crnr2Crnr Posted March 13 Author Share Posted March 13 2 minutes ago, Bontz said: I knew that would get noted ... just figured it was coming from someone else my phone alerts me everytime his name is posted here... Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Skidooski Posted March 13 Platinum Contributing Member Share Posted March 13 1 hour ago, ArcticCrusher said: How much of this budget goes to citizens? I thought it was all the boomers fault. You're getting fleeced like sheep from your government and grifted to the globalist billionaires who own and select your politicians. More taxes will just give them more while leaving you holding the bag. Rinse/repeat. What budget? You have to go all the way back to the Bill Clinton for that. It's just massive Spending bills and CR's since and the threat of government shutdown if they don't get their way. Which is usually trillions 1 Quote Link to comment Share on other sites More sharing options...
Mainecat Posted March 13 Share Posted March 13 Here’s your problem…..oh and keep cutting the IRS ……..fuckin wads. Dozens of big U.S. companies paid top executives more than they paid in federal taxes, report says Source: CBS News March 13, 2024 / 12:01 AM EDT Top executives of dozens of major U.S. companies received more in their compensation packages from 2018 to 2022 than the businesses paid in federal taxes, according to a new analysis of financial data from the Institute for Policy Studies (IPS) and Americans for Tax Fairness (ATF). The report highlights the issue of whether some America's biggest and most profitable companies are carrying their weight, and comes as President Joe Biden is proposing to boost the corporate tax rate to 28%, up from the 21% rate set under the 2017 Tax Cuts and Jobs Act (TCJA). The analysis, which examined tax and compensation data for the first five years after the TCJA went into effect, seeks to link generous pay packages for top executives with the lower tax rates that corporations have enjoyed since 2018. Pay for corporate leaders has been on the rise for decades, with CEOs in 2022 earning about 344 times more than the typical worker, up from a ratio of 21-to-1 in 1965, according to the left-leaning Economic Policy Institute. "We have these never-ending fights in Congress over our fiscal situation, one crisis after another, and one reason why we're facing fiscal challenges is because corporations have not been paying their fair share of taxes," said Sarah Anderson, a lead author of the report and director of the global economy project at IPS, a progressive think tank. She added, "The executive compensation system is really set up to incentivize executives to push for corporate tax cuts and take other measures that will boost the value of their shares in the short term and the value of their paychecks." Read more: https://www.cbsnews.com/news/ceo-pay-federal-taxes-biden-tesla-ford-aig/ 1 Quote Link to comment Share on other sites More sharing options...
X2700 Posted March 13 Share Posted March 13 7 minutes ago, Mainecat said: Here’s your problem…..oh and keep cutting the IRS ……..fuckin wads. Dozens of big U.S. companies paid top executives more than they paid in federal taxes, report says Source: CBS News March 13, 2024 / 12:01 AM EDT Top executives of dozens of major U.S. companies received more in their compensation packages from 2018 to 2022 than the businesses paid in federal taxes, according to a new analysis of financial data from the Institute for Policy Studies (IPS) and Americans for Tax Fairness (ATF). The report highlights the issue of whether some America's biggest and most profitable companies are carrying their weight, and comes as President Joe Biden is proposing to boost the corporate tax rate to 28%, up from the 21% rate set under the 2017 Tax Cuts and Jobs Act (TCJA). The analysis, which examined tax and compensation data for the first five years after the TCJA went into effect, seeks to link generous pay packages for top executives with the lower tax rates that corporations have enjoyed since 2018. Pay for corporate leaders has been on the rise for decades, with CEOs in 2022 earning about 344 times more than the typical worker, up from a ratio of 21-to-1 in 1965, according to the left-leaning Economic Policy Institute. "We have these never-ending fights in Congress over our fiscal situation, one crisis after another, and one reason why we're facing fiscal challenges is because corporations have not been paying their fair share of taxes," said Sarah Anderson, a lead author of the report and director of the global economy project at IPS, a progressive think tank. She added, "The executive compensation system is really set up to incentivize executives to push for corporate tax cuts and take other measures that will boost the value of their shares in the short term and the value of their paychecks." Read more: https://www.cbsnews.com/news/ceo-pay-federal-taxes-biden-tesla-ford-aig/ No doubt this needs to be straightened out but those making the rules are same ones benefiting from them!! too bad they can’t figure out if everyone paid fair share we’d all be paying less! but then again they would just spend more!!look at how wasteful state and federal government is!!!! look at some of these jobs and made up jobs !! most private companies would go broke!! 3 Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted March 13 Share Posted March 13 34 minutes ago, Skidooski said: What budget? You have to go all the way back to the Bill Clinton for that. It's just massive Spending bills and CR's since and the threat of government shutdown if they don't get their way. Which is usually trillions But its all for the benefit of the taxpayers. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Skidooski Posted March 13 Platinum Contributing Member Share Posted March 13 3 minutes ago, ArcticCrusher said: But its all for the benefit of the taxpayers. Hardly anything they do is for the common folk Quote Link to comment Share on other sites More sharing options...
Carlos Danger Posted March 13 Share Posted March 13 Historically when you cut taxes the government ends up with more revenue. Our problem is spending. What good is more revenue if you are just going to blow it on wasteful spending. 2 Quote Link to comment Share on other sites More sharing options...
Crnr2Crnr Posted March 13 Author Share Posted March 13 2 minutes ago, Carlos Danger said: Historically when you cut taxes the government ends up with more revenue. Our problem is spending. What good is more revenue if you are just going to blow it on wasteful spending. what if increased taxation was specifically earmarked towards the debt... if it came with a balanced budget amendment? Quote Link to comment Share on other sites More sharing options...
Carlos Danger Posted March 13 Share Posted March 13 Just now, Crnr2Crnr said: what if increased taxation was specifically earmarked towards the debt... if it came with a balanced budget amendment? Again Democrats have this dream where if they just take more tax money everything will be just fine but history shows a different story. The key would be to reduce Government in all directions. Less taxes, less spending,less regulation. I would feel better if the richest zip codes in the country are all in the DC area. 1 Quote Link to comment Share on other sites More sharing options...
Crnr2Crnr Posted March 13 Author Share Posted March 13 1 minute ago, Carlos Danger said: Again Democrats have this dream where if they just take more tax money everything will be just fine but history shows a different story. The key would be to reduce Government in all directions. Less taxes, less spending,less regulation. I would feel better if the richest zip codes in the country are all in the DC area. fine... how does that reduce the debt we already have? Quote Link to comment Share on other sites More sharing options...
Carlos Danger Posted March 13 Share Posted March 13 1 minute ago, Crnr2Crnr said: fine... how does that reduce the debt we already have? Cut taxes,cut spending and use the surplus to buy down the debt. Everyone knows the fix they just don't want to do it. 1 Quote Link to comment Share on other sites More sharing options...
teamgreen02 Posted March 13 Share Posted March 13 Cutting taxes is always the correct answer. There is no amount of federal tax revenue the government brings in that it won't be able to squander away. Less taxes need to be paid to the federal government. It's more efficient to collect it at the local level and use it for local projects. 1 Quote Link to comment Share on other sites More sharing options...
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