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re: Lutnick: Trump’s goal is 0 federal come taxes for those making < $150K.

Posted on 6/17/26 at 7:09 pm to
Posted by AGGIES
Member since Jul 2021
12595 posts
Posted on 6/17/26 at 7:09 pm to
Obviously the math doesn’t work

It’s not a serious plan
Posted by Taxing Authority
Houston
Member since Feb 2010
63622 posts
Posted on 6/17/26 at 7:10 pm to
quote:

They think the only way to fund a government is to steal from its citizens.
I guess there's always printing and debt. Seemingly Trump's preferred method of government funding.

quote:

"Conservatives" are just little bitches with no imagination.
That's true. They don't live a pretend world like Lutnick does.
Posted by Jake88
Member since Apr 2005
80329 posts
Posted on 6/17/26 at 7:24 pm to
Not being sarcastic, the poor dont pay their fair share, at all. They cost us the most.
Posted by Plx1776
Member since Oct 2017
18779 posts
Posted on 6/17/26 at 7:31 pm to
He has talked about it several times during his campaign and after he started his 2nd term. Zero income tax for most Americans.

Why are you making it sound like this is just some whimsical thing he only came up with in order to distract from the iran shite?
Posted by armytiger96
Member since Sep 2007
2700 posts
Posted on 6/17/26 at 7:35 pm to
quote:

What happened to a flat percentage income tax across the board?


This was always nothing more than a conservative wet dream. Don't get me wrong I love the idea in principle but it's not practical. The top 5% of earners pay 60% and the bottom 50% of earners pay 3% of all Federal Income Taxes.

The only way for it to work is to bring everyone up to the top bracket which would be political suicide.

Unfortunately, same applies to a National Sales tax. Sounds great in principal but would be political suicide.
Posted by Taxing Authority
Houston
Member since Feb 2010
63622 posts
Posted on 6/17/26 at 7:37 pm to
quote:

He has talked about it several times during his campaign and after he started his 2nd term. Zero income tax for most Americans.
The equivalent of student body president candidate promising no homework and chocolate flowing from the water fountains.
Posted by Sid E Walker
BackdoorU ©
Member since Nov 2013
25712 posts
Posted on 6/17/26 at 7:40 pm to
quote:

Trump’s goal is 0 federal come taxes for those making < $150K.

And voila! There’s your reparations.

Problem solved.
Posted by f4ifrank
Member since Oct 2012
171 posts
Posted on 6/17/26 at 7:44 pm to
Indians are FOS!!
Posted by rltiger
Metairie
Member since Oct 2004
2523 posts
Posted on 6/17/26 at 7:45 pm to
quote:

Why am I not surprised this comes out immediately after the Iran MOU debacle is confirmed? This admin is becoming a fricking parody


You were just used to the Clinton/Obama/Biden admins doing this. Now instead of doing a little research you let the TDS guide you.
Posted by Plx1776
Member since Oct 2017
18779 posts
Posted on 6/17/26 at 7:51 pm to
Lol. Definitely not saying or implying it would or could happen. Just saying it's not something they only came up with now as a distraction from iran shite.


Government will JFK a lot of people if that shite became close to becoming a reality.

Government will forever have taxes. Just like the government never shrink itself to become smaller..
Posted by Sizzle_DAWG
Sanford Stadium
Member since Jan 2024
2287 posts
Posted on 6/17/26 at 7:51 pm to
That’s right…you better buy us off for this retarded 2nd term.
Posted by Rza32
Member since Nov 2008
4620 posts
Posted on 6/17/26 at 7:52 pm to
Well, I better start making less money, am I right?
Posted by Taxing Authority
Houston
Member since Feb 2010
63622 posts
Posted on 6/17/26 at 7:54 pm to
quote:

Lol. Definitely not saying or implying it would or could happen. Just saying it's not something they only came up with now as a distraction from iran shite.
absolutely. It's just sad to see people still falling for it.
Posted by Fuzzy Dunlop
Member since Mar 2025
526 posts
Posted on 6/17/26 at 8:05 pm to
I’m sure this initiative will be rolled out right behind the new healthcare plan and the 50 year mortgages
Posted by ShermanTxTiger
Broussard, La
Member since Oct 2007
11395 posts
Posted on 6/17/26 at 8:52 pm to
We have coddled the lower and middle class so much they no longer want to pay any taxes and want ultra wealthy to pay 2%of their assets for their programs. We are screwed.

Tax brackets as they should be... (no deductions or exemptions)

1-40k- 3%
41k-80k- 5%
81k-120k- 10%
121k-200k-15%
200k-400k-20%
400k- unlimited- 25%

This would fund the government like never before. Everyone needs to pay!
Posted by SquatchDawg
Cohutta Wilderness
Member since Sep 2012
20294 posts
Posted on 6/17/26 at 8:56 pm to
Sounds like a sound plan for a country with a $2T annual spending deficit
Posted by loogaroo
Welsh
Member since Dec 2005
42911 posts
Posted on 6/17/26 at 8:59 pm to
quote:

Does that mean 300k per household?


Trucknuts everywhere.

Imagine the amount of 40 footer campers, boats and jacked up golf carts there would be in mc mansion subdivisions.

Contractors and developers be like...

This post was edited on 6/17/26 at 9:00 pm
Posted by jbdawgs03
Athens
Member since Oct 2017
14051 posts
Posted on 6/17/26 at 9:06 pm to
Oh no one of the board leftists is upset!!!
Posted by TerryDawg03
The Deep South
Member since Dec 2012
18029 posts
Posted on 6/17/26 at 9:08 pm to
Lutnick is a smart man. If anyone can do this, this administration can.

He’s going to need to lay out the economics of that plan.

We’re running deficits in the trillions while collecting income taxes. Those deficits fund a lot of the imports he’s talking about.

What would the trade deficit look like with this?

Lots of moving parts.
Posted by Freauxzen
Washington
Member since Feb 2006
38718 posts
Posted on 6/17/26 at 9:11 pm to
Either

1) No one pays taxes
2) Everyone pays the same amount of taxes
Or
3) Taxes are based on consumption

Everything else is unfair.
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