In article <XnsB17355A52F9D6629555@185.151.15.160>, noemail@aol.com
says...
>
> 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"?

He never said they did.