Rocksolid Light

News from da outaworlds

mail  files  register  groups  login

Message-ID:  

Are you making all this up as you go along?


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 12:05 UTC
References: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21
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 08:05:49 -0400
Organization: A noiseless patient Spider
Lines: 3
Message-ID: <v27j67$26kcl$24@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> <66465a96$1$1258343$882e4bbb@reader.netnews.com>
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 14:39:36 +0200 (CEST)
Injection-Info: dont-email.me; posting-host="b2ab5287047cd06497e7a0e242c0325c";
logging-data="2314645"; mail-complaints-to="abuse@eternal-september.org"; posting-account="U2FsdGVkX18I1hV5bvqlD9/qefnNg6V2"
Cancel-Lock: sha1:qzUlffSXCBZFff+yEGm03yix168=
X-Newsreader: Microsoft Windows Live Mail 14.0.8117.416
Importance: Normal
X-MSMail-Priority: Normal
In-Reply-To: <66465a96$1$1258343$882e4bbb@reader.netnews.com>
X-Priority: 3
X-MimeOLE: Produced By Microsoft MimeOLE V14.0.8117.416
View all headers

"Skeeter" <skeeterweed@photonmail.com> wrote in message
news:66465a96$1$1258343$882e4bbb@reader.netnews.com...
> In article <XnsB1748509CEBCF629555@185.151.15.190>, noemail@aol.com
> says...
>>
>> "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?"
>
> They found nothing wrong with his taxes. No charges, no convictions.

<Mitch Whining>
But.. But.. But... he didn't pay enough..,...Sniffle... he's rich... who
cares that he didn't owe more in taxes.. (tears start)...it's not fair that
he gets away with only paying the taxes he owes.... he should have paid a
extra...at lot extra... because he's rich.... and I'm not.
<End Mitch Whining>

Does that sound about right?
Seems to round up his whole argument to date.

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