Rocksolid Light

News from da outaworlds

mail  files  register  groups  login

Message-ID:  

question = ( to ) ? be : ! be; -- Wm. Shakespeare


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: Scout
Newsgroups: alt.fan.rush-limbaugh, or.politics, uk.politics.misc, talk.politics.guns, rec.arts.tv, alt.atheism
Organization: A noiseless patient Spider
Date: Fri, 17 May 2024 12:01 UTC
References: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20
Path: eternal-september.org!news.eternal-september.org!.POSTED!not-for-mail
From: me4guns@verizon.removeme.this2.nospam.net (Scout)
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: Fri, 17 May 2024 08:01:35 -0400
Organization: A noiseless patient Spider
Lines: 2
Message-ID: <v27j65$26kcl$23@dont-email.me>
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> <66453170$0$7070$882e4bbb@reader.netnews.com> <v25eve$1m5b5$11@dont-email.me> <XnsB1748509CEBCF629555@185.151.15.190>
MIME-Version: 1.0
Content-Type: text/plain;
format=flowed;
charset="iso-8859-1";
reply-type=original
Content-Transfer-Encoding: 7bit
Injection-Date: Fri, 17 May 2024 14:39:34 +0200 (CEST)
Injection-Info: dont-email.me; posting-host="b2ab5287047cd06497e7a0e242c0325c";
logging-data="2314645"; mail-complaints-to="abuse@eternal-september.org"; posting-account="U2FsdGVkX19Byegg+55UqP9iae8+uCrB"
Cancel-Lock: sha1:zyP7EVhFxqdPoCwumsGNkRT/1fU=
X-Priority: 3
In-Reply-To: <XnsB1748509CEBCF629555@185.151.15.190>
X-MimeOLE: Produced By Microsoft MimeOLE V14.0.8117.416
X-Newsreader: Microsoft Windows Live Mail 14.0.8117.416
X-MSMail-Priority: Normal
Importance: Normal
View all headers

"Mitchell Holman" <noemail@aol.com> wrote in message
news:XnsB1748509CEBCF629555@185.151.15.190...
> "Scout" <me4guns@verizon.removeme.this2.nospam.net> wrote in
> news:v25eve$1m5b5$11@dont-email.me:
>
>>
>>
>> "Skeeter" <skeeterweed@photonmail.com> wrote in message
>> news:66453170$0$7070$882e4bbb@reader.netnews.com...
>>> In article <v22f6d$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.
>>
>> And I could also note that to date, no one has ever shown Trump is
>> delinquent on any tax.
>
>
> Is that the best you can do?
>
> You are REQUIRED to pay your taxes
> on time, you don't get a cookie for
> obeying the law.
>
> "Your honor, my client has come to
> court on time and sober every day this
> week" Judge - "Is this his idea of an
> accomplishment?"

So he paid the taxes he owed.

What's the problem then?

This is the point were Mitch claims that just paying the taxes you owe isn't
enough if you are 'rich'.

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