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Started By
Message
re: If Trump ends income taxes for those under $200k per year..
Posted on 4/27/25 at 8:24 pm to SaintsReportExile
Posted on 4/27/25 at 8:24 pm to SaintsReportExile
Glad I’m not a CPA.
1
Posted on 4/27/25 at 9:03 pm to Penrod
quote:suddenly we run out of time. Mutha fricka have a seat
We have a lot of hard work ahead of us to get that fixed, and we have run out of time to
Posted on 4/27/25 at 9:51 pm to SaintsReportExile
How can this lead to a balanced budget?
Posted on 4/27/25 at 9:52 pm to SaintsReportExile
There is a 0 percent chance this happens.
Posted on 4/27/25 at 9:54 pm to NYNolaguy1
quote:
How can this lead to a balanced budget?
It can't. It's retarded. Anyone that believes this is happening isn't employable anyway.
Posted on 4/27/25 at 10:07 pm to SaintsReportExile
We talking joint or single filers?
Posted on 4/27/25 at 10:33 pm to ksayetiger
quote:
Lowering taxes will help the economy (which raised tax revenue)
It is super simple yet so hard for people to comprehend
What is the t* on the Laffer Curve for the US economy currently? Please show your work, and it should be "simple". If you can do that simply and accurately then you will have a Nobel Prize with your name on it.
Posted on 4/27/25 at 10:35 pm to northshorebamaman
quote:
We'll see a lot of magical shite if spending isn't massively reigned in at the same time.
Gonna have to probably nearly double payroll taxes and pay employees less.
Posted on 4/27/25 at 11:04 pm to HeadCall
Taxes above 200K would have to be obscene to even come close to filling the revenue gap. It's a pipe dream.
Posted on 4/27/25 at 11:25 pm to northshorebamaman
"I don't know if it’s true anymore, but when I was a young E5, with a wife and two kids, twenty years ago, I paid less than $200 a month in taxes and my "refund" was 9-10k. Even at the time, I knew there was no way that was sustainable. '
The Earned Income Tax Credit! It's still available. That is why you have January rush at the Jackson Hewitt tax services each year. JH charges poor people a fee for the tax "prep" and then offer a get yo' money NOW 36% APR loan for a on the spot refund. Easy money.
The buy here, pay here car lots love the EITC.
The Earned Income Tax Credit! It's still available. That is why you have January rush at the Jackson Hewitt tax services each year. JH charges poor people a fee for the tax "prep" and then offer a get yo' money NOW 36% APR loan for a on the spot refund. Easy money.
The buy here, pay here car lots love the EITC.
Posted on 4/27/25 at 11:46 pm to SaintsReportExile
quote:dumb
ends income taxes for those under $200k per year
Posted on 4/27/25 at 11:51 pm to SuperSaint
Of course it's dumb. The math simply doesn't work out.
Posted on 4/28/25 at 5:47 am to northshorebamaman
If we dry up the funds they will have to cut spending.
Posted on 4/28/25 at 6:11 am to PetroAg
30% on $260k is $182,000, not $199k
And yes, the only fair way to do it is to give it across the board for the 1st $200K of income.
BUT MOST IMPORTANTLY, nothing will be fair until we get our “Tax Reparations”
And not some DOGE $6K handout… That may be appetizing for aberate income tax payers; But I have gotten crushed the last 16 years paying small business corp. Taxes. Just about double taxation across the board for me.
And the amount of money I’ve paid into this corrupt system is mind-blowing, and now seeing where it’s been going to enrich the frauds in DC & Globalist abroad, frick this system as a whole!
Repay our money & then we can negotiate how the present and future tax system.
I always say this, but the FED NEEDS TO BE ABOLISHED.
And ask yourselves, “WHO DO WE OWE THIS “UNCONSTITUTIONAL DEBT TO???”
The current system is against the founding of our country & purposely established to fleece the American citizens of our wealth.
The same pricks we beat in the Revoltuonaty War, the same pricks that engage and initiate every war for centuries, that’s who we owe this so called $37Trillion in debt to.
What if we say “NO, we don’t owe you Jack shite and just wipe all the debt clean”, then confiscate all their assets and redistribute their wealth that they stole from us.
That is what should happen, it’s not a complex situation, but one that should be done with brute force!
And yes, the only fair way to do it is to give it across the board for the 1st $200K of income.
BUT MOST IMPORTANTLY, nothing will be fair until we get our “Tax Reparations”
And not some DOGE $6K handout… That may be appetizing for aberate income tax payers; But I have gotten crushed the last 16 years paying small business corp. Taxes. Just about double taxation across the board for me.
And the amount of money I’ve paid into this corrupt system is mind-blowing, and now seeing where it’s been going to enrich the frauds in DC & Globalist abroad, frick this system as a whole!
Repay our money & then we can negotiate how the present and future tax system.
I always say this, but the FED NEEDS TO BE ABOLISHED.
And ask yourselves, “WHO DO WE OWE THIS “UNCONSTITUTIONAL DEBT TO???”
The current system is against the founding of our country & purposely established to fleece the American citizens of our wealth.
The same pricks we beat in the Revoltuonaty War, the same pricks that engage and initiate every war for centuries, that’s who we owe this so called $37Trillion in debt to.
What if we say “NO, we don’t owe you Jack shite and just wipe all the debt clean”, then confiscate all their assets and redistribute their wealth that they stole from us.
That is what should happen, it’s not a complex situation, but one that should be done with brute force!
Posted on 4/28/25 at 6:30 am to SaintsReportExile
Is this where the left and establishment GOP pretends to care about the deficit now?
Why hasnt Congress sent a budget with spending cuts to the President's desk?
Why hasnt Congress sent a budget with spending cuts to the President's desk?
Posted on 4/28/25 at 6:46 am to dafif
quote:
Isnt it essentially that anyone under 100,000 isnt paying any taxes anyway...
What?
Posted on 4/28/25 at 6:47 am to scottydoesntknow
quote:
Why hasnt Congress sent a budget with spending cuts to the President's desk?
The same reason our deficits trended the same under Trump as Obama: Trump
Trump wants a huge bill to pass everything in it and Congress is holding off until the admin has the bill the way they want it.
Posted on 4/28/25 at 6:52 am to SlowFlowPro
SFP keeps blaming one person instead of Congress.
Posted on 4/28/25 at 6:54 am to momentoftruth87
quote:
SFP keeps blaming one person instead of Congress.
Yet will deny he has tds
Posted on 4/28/25 at 7:01 am to SDVTiger
He’s an idiot. He needs to disappear like the panican.
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