"Mitchell Holman" <noemail@aol.com> wrote in message
news:XnsB17355A52F9D6629555@185.151.15.160...
> pothead <pothead@snakebite.com> wrote in
> news:v20tgc$f3ai$5@dont-email.me:
>
>> On 2024-05-14, Yak <yak@inbox.com> wrote:
>>> On 5/14/2024 5:04 PM, Baxter wrote:
>>>> 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.
>>>>>
>>>>
>>>> That's a real question. tRump claims to be a billionaire yet picks
>>>> your pocket and cheats on taxes.
>>>
>>> Nope, he used the very tax code that Biden, over his 2000+ years in
>>> govt, has created.
>>
>> Yep.
>> The rich use the loopholes to their advantage. I am against that but
>> it's the current system. Somebody making 40k a year does not have that
>> ability.
>
>
> The rich MAKE the loopholes, the
> rich use the loopholes, and you really
> think they "apply across the board"?

Yea, actually anyone can take advantage of them... if you chose to do what
is necessary to do so.