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Started By
Message
re: Post your BBB savings...
Posted on 6/3/25 at 8:12 pm to the808bass
Posted on 6/3/25 at 8:12 pm to the808bass
quote:
Dodge, dive and deflect. I’m solidly Gen X, thanks.
Close enough.
There's nothing to deflect you talk in circles, take no real positions, and provide absolutely nothing factual or remotely intelligent to any conversation. It probably makes sense in your autism brain, but not to anyone else.
Posted on 6/3/25 at 8:13 pm to j1897
quote:
And 15-30,000 per year in debt.
Cut spending. Very, very simple.
Posted on 6/3/25 at 8:14 pm to j1897
I asked for you to explicitly support the idea that a dollar in tax increases results in a dollar of deficit decrease and the idea that a dollar in tax cuts equals one dollar in deficit increase.
You have resorted to insults. I’m better at insults and economics than you, fricking twat.
You have resorted to insults. I’m better at insults and economics than you, fricking twat.
Posted on 6/3/25 at 8:16 pm to the808bass
quote:
I asked for you to explicitly support the idea that a dollar in tax increases results in a dollar of deficit decrease and the idea that a dollar in tax cuts equals one dollar in deficit increase.
This has nothing to do with anything i said.
quote:
You have resorted to insults. I’m better at insults and economics than you, fricking twat.
Autism brain isn't an insult, it's a factual observation. I see it often from people like you. You attribute a position to me(that came from you) that i didn't take, then ask me to defend it. Outside of your brain, it makes no sense at all.
Posted on 6/3/25 at 8:17 pm to j1897
quote:
This has nothing to do with anything i said.
It’s almost exactly what you said, jackass.
quote:
Every dollar you save in taxes is literally your share of the deficit increase.
Posted on 6/3/25 at 8:18 pm to j1897
quote:
Outside of your brain, it makes no sense at all.
There’s apparently lots that doesn’t make sense inside your brain. That’s a very different scenario than the one you are positing.
Posted on 6/4/25 at 5:19 am to DiamondDog
I have none on the “Build Back Better” bill!
Posted on 6/4/25 at 5:50 am to j1897
Dumb arse Boomers just blindly........that's basically their generational MO
Posted on 6/4/25 at 5:55 am to j1897
quote:
Every dollar you save in taxes is literally your share of the deficit increase.
---
No, it’s not tardnation.
---
The frick it isn't, who do you think pays that shite?
Did they not teach math in the 60s?
I guess if one is going to present himself as an economic oaf, he might as well do it in style. Congrats on diving in, full monty!
FYI, address of taxes should always focus on REVENUE not rates. "Every dollar you save in taxes is literally your share of the deficit increase" is solely rate-focused. Run some actual numbers. E.g., Apply the genius of the 1990's "Luxury Tax" to your simpleton premise.
The OP has it right though. The issue is SPENDING.
Posted on 6/4/25 at 6:38 am to Warboo
quote:
I see you are going the pay more taxes to keep the deficit lower.
I promise this won’t happen. As soon as there’s more money to spend, your Congress will spend it.
Posted on 6/4/25 at 7:43 am to the808bass
Why isn't he answering you?
Posted on 6/4/25 at 8:45 am to DiamondDog
this is what will happen if the trump tax cuts are allowed to expire
then in 2026 then this is what will happen (these numbers are all married filing joint.)
the 39% tax bracket returns (brackets are indexed to inflation so if it returns it's on dollars over 625k down from current 751K where the 37% bracket kicks in today)
long term capital gain rate goes back to 14% for everyone currently 20% for people earning over 600k (that will make the private equity guys happy)
child tax credit goes back to $600 phase out back to 100k-125k (currently $2000 for couples making up to 400k)
the estate tax threshold goes back to 6mm currently 12mm
exemptions return you receive one exemption each for yourself, spouse and each child. when trump got rid of them they were $4000 dollars per, exemptions are indexed to inflation so that number will be $5400 now.
the standard deduction also indexed to inflation 30k today, will be cut to 17k it was 12k in 2015
SALT becomes fully deductible again currently capped at 10k
the republicans will accuse democrats of passing the largest tax increase in history the CBO will score it as if it increases revenue the only thing i have an issue with is the estate tax but recucklicans have been campaigning for the last 20 years on eliminating it which they could always do in a separate bill
then in 2026 then this is what will happen (these numbers are all married filing joint.)
the 39% tax bracket returns (brackets are indexed to inflation so if it returns it's on dollars over 625k down from current 751K where the 37% bracket kicks in today)
long term capital gain rate goes back to 14% for everyone currently 20% for people earning over 600k (that will make the private equity guys happy)
child tax credit goes back to $600 phase out back to 100k-125k (currently $2000 for couples making up to 400k)
the estate tax threshold goes back to 6mm currently 12mm
exemptions return you receive one exemption each for yourself, spouse and each child. when trump got rid of them they were $4000 dollars per, exemptions are indexed to inflation so that number will be $5400 now.
the standard deduction also indexed to inflation 30k today, will be cut to 17k it was 12k in 2015
SALT becomes fully deductible again currently capped at 10k
the republicans will accuse democrats of passing the largest tax increase in history the CBO will score it as if it increases revenue the only thing i have an issue with is the estate tax but recucklicans have been campaigning for the last 20 years on eliminating it which they could always do in a separate bill
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