Rocksolid Light

News from da outaworlds

mail  files  register  groups  login

Message-ID:  

Bridge ahead. Pay troll.


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: Skeeter
Newsgroups: alt.fan.rush-limbaugh, or.politics, uk.politics.misc, talk.politics.guns, rec.arts.tv, alt.atheism
Organization: UTB
Date: Wed, 15 May 2024 22:04 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!feeder3.eternal-september.org!border-2.nntp.ord.giganews.com!border-4.nntp.ord.giganews.com!nntp.giganews.com!news-out.netnews.com!postmaster.netnews.com!us12.netnews.com!not-for-mail
X-Trace: DXC=kbhbn9RGf4=2Z65?TJZPK3HWonT5<]0T=Q;nb^V>PUf6`L[ofA1LK41L]Xbg<imJ24;4;mYeMFLH5d[Z=hgNJ<j9f0>k00;aQj74oYC1[ECcN7
X-Complaints-To: support@blocknews.net
From: skeeterweed@photonmail.com (Skeeter)
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 16:04:31 -0600
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$14@dont-email.me>
Organization: UTB
MIME-Version: 1.0
Content-Type: text/plain; charset="us-ascii"
Content-Transfer-Encoding: 7bit
User-Agent: MicroPlanet-Gravity/3.0.4
X-Face: *thX1BaTM~DW)y>UfN@S{EF}]NVJb0tk>I;DH,6H"b{{C$VcEn`hIJ(KzC}m2chzq9"omiT
xnX+jm>bwDDZ{;7/l:)Usx5=JP2<J?<Caa>f3_l'.TN%0)q2N[_CgpW;Xlq3`1j32e&
X-Antivirus: AVG (VPS 240515-4, 5/15/2024), Outbound message
X-Antivirus-Status: Clean
Lines: 143
Message-ID: <66453170$0$7070$882e4bbb@reader.netnews.com>
NNTP-Posting-Host: 127.0.0.1
X-Trace: 1715810672 reader.netnews.com 7070 127.0.0.1:45745
View all headers

In article <v22f6d$tibb$14@dont-email.me>,
me4guns@verizon.removeme.this2.nospam.net says...
>
> "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.
>

Just like the Russia collusion the tax story is a joke.

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