Rocksolid Light

News from da outaworlds

mail  files  register  groups  login

Message-ID:  

You have a truly strong individuality.


alt / alt.atheism / Re: Extending Trump Tax Cuts Would Add $4.6 Trillion to Deficit: CBO

Subject: Re: Extending Trump Tax Cuts Would Add $4.6 Trillion to Deficit: CBO
From: Johnny
Newsgroups: alt.fan.rush-limbaugh, or.politics, uk.politics.misc, talk.politics.guns, rec.arts.tv, alt.atheism
Organization: A noiseless patient Spider
Date: Wed, 15 May 2024 14:13 UTC
References: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17
Path: eternal-september.org!news.eternal-september.org!.POSTED!not-for-mail
From: johnny@invalid.net (Johnny)
Newsgroups: alt.fan.rush-limbaugh,or.politics,uk.politics.misc,talk.politics.guns,rec.arts.tv,alt.atheism
Subject: Re: Extending Trump Tax Cuts Would Add $4.6 Trillion to Deficit:
CBO
Date: Wed, 15 May 2024 09:13:08 -0500
Organization: A noiseless patient Spider
Lines: 150
Message-ID: <20240515091308.6d13debb@JA>
References: <v1lpkb$1glbk$1@dont-email.me>
<v1ltjj$1fv2p$1@dont-email.me>
<bl2t3jhepuf49hgjjvo44bk7p80ptmkdan@4ax.com>
<v1m2r4$1hjhg$3@dont-email.me>
<v1nnij$219tb$7@dont-email.me>
<v1o9ok$24n0i$1@dont-email.me>
<v1svla$3ercf$14@dont-email.me>
<6642836f$0$6559$882e4bbb@reader.netnews.com>
<66428aac$0$2363145$882e4bbb@reader.netnews.com>
<v1u5jt$3npnr$3@dont-email.me>
<v1vml7$5qr6$2@dont-email.me>
<v1vudp$7k1a$3@dont-email.me>
<v1vv0t$6l2l$2@dont-email.me>
<XnsB172867C8C708629555@185.151.15.160>
<6643c6af$0$3711196$882e4bbb@reader.netnews.com>
<XnsB172D7EED96F0629555@185.151.15.190>
<v22f6d$tibb$14@dont-email.me>
MIME-Version: 1.0
Content-Type: text/plain; charset=US-ASCII
Content-Transfer-Encoding: 7bit
Injection-Date: Wed, 15 May 2024 16:13:09 +0200 (CEST)
Injection-Info: dont-email.me; posting-host="6a5137aaaf2342158c722df236f42ff8";
logging-data="969370"; mail-complaints-to="abuse@eternal-september.org"; posting-account="U2FsdGVkX1+srwslTWLD2QdIWNxwcy8d"
Cancel-Lock: sha1:J7UWFB/SnIOka40Pii0jJKGY8Qo=
X-Newsreader: Claws Mail 4.1.1 (GTK 3.24.38; x86_64-pc-linux-gnu)
View all headers

On Wed, 15 May 2024 09:46:25 -0400
"Scout" <me4guns@verizon.removeme.this2.nospam.net> wrote:

> "Mitchell Holman" <noemail@aol.com> wrote in message
> news:XnsB172D7EED96F0629555@185.151.15.190...
> > Skeeter <skeeterweed@photonmail.com> wrote in
> > news:6643c6af$0$3711196$882e4bbb@reader.netnews.com:
> >
> >> In article <XnsB172867C8C708629555@185.151.15.160>, noemail@aol.com
> >> says...
> >>>
> >>> Yak <yak@inbox.com> wrote in news:v1vv0t$6l2l$2@dont-email.me:
> >>>
> >>> > On 5/14/2024 11:02 AM, Baxter wrote:
> >>> >> Yak <yak@inbox.com> wrote in news:v1vml7$5qr6$2@dont-email.me:
> >>> >>
> >>> >>> On 5/13/2024 6:52 PM, Baxter wrote:
> >>> >>>> Skeeter <skeeterweed@photonmail.com> wrote in
> >>> >>>> news:66428aac$0$2363145$882e4bbb@reader.netnews.com:
> >>> >>>>
> >>> >>>>> In article <6642836f$0$6559$882e4bbb@reader.netnews.com>,
> >>> >>>>> "Charlie Glock"@localhost.com says...
> >>> >>>>>>
> >>> >>>>>> On 2024-05-13, Scout
> >>> >>>>>> <me4guns@verizon.removeme.this2.nospam.net> wrote:
> >>> >>>>>>>
> >>> >>>>>>>
> >>> >>>>>>> "Yak" <yak@inbox.com> wrote in message
> >>> >>>>>>> news:v1o9ok$24n0i$1@dont-email.me...
> >>> >>>>>>>> On 5/11/2024 8:05 AM, Scout wrote:
> >>> >>>>>>>>>
> >>> >>>>>>>>>
> >>> >>>>>>>>> "Ford Prefect" <hhgttg@galaxy.com> wrote in message
> >>> >>>>>>>>> news:v1m2r4$1hjhg$3@dont-email.me...
> >>> >>>>>>>>>> On 5/10/2024 5:02 PM, spaminator wrote:
> >>> >>>>>>>>>>> Ford Prefect <hhgttg@galaxy.com> wrote:
> >>> >>>>>>>>>>>
> >>> >>>>>>>>>>>> This one again?
> >>> >>>>>>>>>>>>
> >>> >>>>>>>>>>>> Let's assume what the CBO says is correct (you can't
> >>> >>>>>>>>>>>> because it doesn't
> >>> >>>>>>>>>>>> account for the increased tax receipts that occur
> >>> >>>>>>>>>>>> under tax cuts), the IRS would have collected $4.6
> >>> >>>>>>>>>>>> billion per year (4.6B/year * 10 years = 4.6T).
> >>> >>>>>>>>>>>
> >>> >>>>>>>>>>> ROFL. Your arithmetic skills are broke. Back to 3rd
> >>> >>>>>>>>>>> grade for you.
> >>> >>>>>>>>>>
> >>> >>>>>>>>>> What's broke? Or were you educated at a public school?
> >>> >>>>>>>>>>
> >>> >>>>>>>>>
> >>> >>>>>>>>> 4.6B/year * 10 years = 46B
> >>> >>>>>>>>>
> >>> >>>>>>>>> On the other hand, lets point out that difference is
> >>> >>>>>>>>> irrelevant given the sort of deficits the government is,
> >>> >>>>>>>>> has, and will continue to produce.
> >>> >>>>>>>>>
> >>> >>>>>>>>> We need to eliminate the power of government to add or
> >>> >>>>>>>>> increase any taxes.
> >>> >>>>>>>>>
> >>> >>>>>>>>> They get 15% of the GDP (federal, state and local) and
> >>> >>>>>>>>> they
> >>> have
> >>> >>>>>>>>> to live within their means like everyone else.
> >>> >>>>>>>>>
> >>> >>>>>>>>> Currently that would allow all levels of government to
> >>> >>>>>>>>> spend $3.81 Trillion.
> >>> >>>>>>>>>
> >>> >>>>>>>>> Another 5% would be applied directly to paying down the
> >>> >>>>>>>>>
> >>> existing
> >>> >>>>>>>>> state and national debts (and would not apply to new
> >>> >>>>>>>>> debt)
> >>> >>>>>>>>>
> >>> >>>>>>>>> The FIRST budgetary item would be to pay the interest on
> >>> >>>>>>>>> any
> >>> new
> >>> >>>>>>>>> debt and paying off 5% of the principle of such debt.
> >>> >>>>>>>>>
> >>> >>>>>>>>> The Secondary budget item would be to service of any
> >>> >>>>>>>>> bonds sold to the public to finance large government
> >>> >>>>>>>>> projects.
> >>> >>>>>>>>>
> >>> >>>>>>>>> The FINAL budget item would be pay for the elected
> >>> >>>>>>>>> officials.
> >>> >>>>>>>>>
> >>> >>>>>>>>> In short, if the government is going into debt.. they
> >>> >>>>>>>>> don't get paid.
> >>> >>>>>>>>>
> >>> >>>>>>>>> Further they are prohibited from having any other
> >>> >>>>>>>>> sources of income.
> >>> >>>>>>>>
> >>> >>>>>>>> Let's take it even another step further. According to the
> >>> >>>>>>>> CBO
> >>> the
> >>> >>>>>>>> total deficts from the beginning of the Trump tax cuts,
> >>> >>>>>>>> and extending them through 2033, is about $31 trillion.
> >>> >>>>>>>> Subtract the $4.6 trillion Trump tax cuts and you still
> >>> >>>>>>>> have $26.4 trillion.
> >>> Am
> >>> >>>>>>>> I supposed to feel better about this? Especially
> >>> >>>>>>>> considering, as Ford correctly noted, even if the govt
> >>> >>>>>>>> collected it they would spend it anyway.
> >>> >>>>>>>
> >>> >>>>>>> As I said limit government spending to a percentage of the
> >>> >>>>>>> GDP.
> >>> If
> >>> >>>>>>> officials exceed those limits there are consequences.
> >>> >>>>>>>
> >>> >>>>>>
> >>> >>>>>> Both parties spend like drunken sailors and it needs to
> >>> >>>>>> stop. My issue is more of a what are they spending my tax
> >>> >>>>>> dollars on? Are these bills productive or are millions of
> >>> >>>>>> dollars set aside to
> >>> study
> >>> >>>>>> how chickens mate?
> >>> >>>>
> >>> >>>> In the 50's and 60's we taxed the rich to pay for out
> >>> >>>> spending. We
> >>> >> can
> >>> >>>> do it again..
> >>> >>>
> >>> >>> The rich are already taxed.
> >>> >>>
> >>> >> Many of the rich don't pay any taxes.
> >>> >
> >>> > Many of the non-rich don't either.
> >>> >
> >>>
> >>>
> >>> Are you proud of paying more in taxes
> >>> than billionaire Trump?
> >>
> >> Really? You are scraping bottom.
> >>
> >
> >
> > Trump went for years without
> > paying any taxes. Did you ever do
> > that?
>
> Really? Produce your proof for any year you like, that Trump did not
> pay a single penny in tax.. for anything.
>
> Oh, let me guess, you're just full of shit.
>
>

He's so full of shit I filtered him out long ago.

SubjectRepliesAuthor
o Extending Trump Tax Cuts Would Add $4.6 Trillion to Deficit: CBO

By: Borrow & Spend t on Fri, 10 May 2024

239Borrow & Spend tRUMP

rocksolid light 0.9.8
clearnet tor